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Adani Ports buys 31.5% stake in Gangavaram port for ₹1,954 cr.

Adani Ports and Special Economic Zones (APSEZ) Ltd, will acquire the 31.5% stake held by Windy Lakeside Investment Limited (an affiliate of private equity firm Warburg Pincus LLC) in Gangavaram... Full Story

VPT signs MoUs worth ₹58,831 crore.

The Visakhapatnam Port Trust (VPT) recently several memorandum of understanding (MoUs) worth ₹58,831 crore with stakeholders, ahead of the second Maritime... Full Story

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Paradip Port Trust shelves plan to build new deep-water port in outer harbour.

Paradip Port Trust, India’s second biggest state-owned port by cargo volumes, has shelved plans to build an ambitious new deep-water... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Adani Ports seeks five years extension for completing Vizhinjam port.
Adani Ports and Special Economic Zone Ltd. (APSEZ) has sought a five years extension from the Kerala government to complete construction and start operations at... Full Story
Balkrishna Industries Ltd. commences trial production at Waluj.
Balkrishna Industries Ltd. have commenced the trial production at Green Field Project located at F-20 - Waluj, Aurangabad, Maharashtra with an Installed capacity of 30,000... Full Story
Avigna plans to build ₹600-cr warehouse near Bengaluru.
Avigna Industrial & Logistics Park plans to invest around ₹600 crore to set up a 4-million-sq-ft grade A warehousing facility near Bengaluru. The company recently leased... Full Story
Amazon picks up 6.06 lakh sq ft warehouse space.
An affiliate of ecommerce major Amazon has entered into an agreement with logistics development platform ESR to lease 606,000 sq ft warehousing space at India's biggest logistics cluster Bhiwandi... Full Story
Snowman Logistics starts new temperature controlled warehouse in Siliguri.
Snowman Logistics recently announced the completion of construction of a temperature controlled warehouse at Siliguri, West Bengal. The facility with a total capacity of 4,032 pallets... Full Story
VOC Port sets record by unloading 57,090-tonne coal in one day.
Tuticorin-based V O Chidambaranar Port created a new record on August 15 by unloading 57,090-tonne coal in 24 hours from the vessel MV Star Laura,... Full Story
Flipkart expands warehousing network in Gujarat.
E-commerce marketplace Flipkart recently announced expansion of its supply chain in Gujarat with the addition of four new facilities to support local sellers and to cater to the growing demand... Full Story
Privatisation of cargo handling at major ports made easy.
Cargo handling terminals at Centre-owned major ports will be privatised through the public-private-partnership (PPP) route under three broad categories – oil, clean cargo including containers... Full Story