Vedanta Limited, India’s only diversified natural resources company today received the ‘Letter of Award’ for Redevelopment of Berth No.8, 9 and Barge Berths at Port of Mormugao, Goa (‘Project’) on Design, Build, Finance, Operate and Transfer (DBFOT) Basis…
Indian Shipping Ministry is targeting to get investments worth $60 billion (nearly Rs 3.99 lakh crore) for a five-year term for 240 projects for the success of the ambitious Sagarmala project. The maiden Maritime India Summit 2016 in Mumbai…
As part of its aggressive plans for port-led development, Union Shipping and Ports Minister Nitin Gadkari said he is looking to add eight major ports to the already existing 12, according to a report by Press Trust of India. 'We are planning to add eight new major ports…
India government will speed up the ambitious Sagarmala project from 10 years to five years, said Nitin Gadkari, Minister of Road Transport, Highways and Shipping. “Following Prime Minister Narendra Modi’s intervention, it has been decided…
Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…
Konecranes has announced its third RTG delivery to the Mediterranean Shipping Company (MSC) Terminal in Valencia, Spain. When the three RTGs on order go into operation, MSC Terminal Valencia will operate a fleet of 18 Konecranes RTGs. The cranes will be delivered by spring 2017…
Maersk Line India a unit of Danish conglomerate A P Moller Maersk Group, has launched a new service from Salalah, Oman to the Krishnapatnam Port in Andhra Pradesh. The weekly service to be started from April 17 will connect customers in the areas of AP…
APM Terminals CEO Kim Fejfer addressed the challenges facing port operators in today’s volatile market as well as the requirements for success, calling for investment, consolidation and rationalization in the port industry. “The need for…
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav said that Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic by 2018…
Shell Marine Products (SMP) continues to expand its global port network by adding more than 70 ports in less than one year as well as expanding its operation in 14 countries, which now stands at 604 ports in 56 countries. In 2016, SMP expanded…
At its 2016 Spring Conference on April 6, the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—elected Port of Pascagoula Port Director Mark McAndrews to serve as the association’s…
Terex Port Solutions (TPS) has acquired the assets of the terminal tractor product line from CVS Ferrari S.R.L. (CVS), which has been part of Manitex International, Inc. since 2010. The acquisition strengthens TPS’ position as a leader in integrated solutions for ports and terminals…
Yesterday during a joint trade mission in Montreal, the port authorities of Montreal and Antwerp, Belgium renewed their cooperative agreement. The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp…
The Board of Commissioners of the Port of New Orleans joined a host of elected officials and industry partners today to dedicate the Port’s new $25 million Mississippi River Intermodal Terminal. The terminal, made possible by a $16.7 million federal transportation TIGER grant…
