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

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.

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 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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Oman's new maritime ports to get investment worth USD 1 billion

Oman's new maritime ports to get investment worth USD 1 billion

According to a recent report, up to USD 1 billion has been committed to the development of Oman's new maritime ports and the expansion of... Full Story

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Qatar signs deal for two major ports in Egypt

Qatar signs deal for two major ports in Egypt

Arabian Business reported that Qatar had signed an agreement with Egypt to establish two new ports with the potential to create more than a million... Full Story

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