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You are here: Home » News » 28 August 2017

Centre plans INR 1L crore worth road projects 28 August 2017

Union minister for road transport Nitin Gadkari said the Centre plans to launch road projects worth INR 1 lakh crore over the next 2 years in the state to provide a robust road infrastructure in Rajasthan.

Modi is scheduled to inaugurate 11 projects and lay the foundation stones of six others, in all worth INR 15,000 crore, in Udaipur on August 29.

He will dedicate to t...

APL to launch new Asia Latin America Express 3 service 28 August 2017

APL has announced the addition of a new weekly Asia Latin America Express 3 (AE3-AW3) service that is now connecting China, Hong Kong, Taiwan and other key Asian markets to Mexico and the West Coast South America.

"The Asia Latin America Express 3 service further enhances our Asia-Latin America service coverage, extending it in West Coast South America. Offering the most comp...

Pace of air cargo rate improvement slows in July 28 August 2017

The pace of air freight rate growth in the air cargo industry has slowed, however, July's volumes registered strong growth and forwarders anticipate a strong peak season.

The average all-in buy rate across 28 major east-west lanes reached USD 2.64 per kilgramme, an increase of 1.5% against 2016, according to the latest Sea and Air Shipper Insight report from consultant Drewry....

Asia-Europe rate inches up 0.5% to USD 923 TEU, off 7% 28 August 2017

According to the Shanghai Containerised Freight Index (SCFI), Spot rates for shipping containers from Asia to northern Europe in the week ending Friday inched up 0.5% to USD923 per Twenty Foot Equivalent Unit (TEU).

Asia-Mediterranean trade dropped 1.1% to USD 822 per TEU.

Asia to the US west coast fell 7% week over week to USD 1,541 per FEU while those to the east coas...

Shapoorji Pallonji Group bids for LNG regasification te 28 August 2017

The Shapoorji Pallonji Group has submitted a bid to build an LNG regasification terminal at the Mumbai Port Trust (MbPT).

Shapoorji Pallonji Infrastructure Capital Company Limited (SP Infra), a unit of the Mumbai-based conglomerate, is one of the two entities that have submitted bids to develop a floating storage and regasification unit (FSRU) that can load 3.5 million tonnes per ...

PPT launches massive plantation drive inside Harbour Ar 28 August 2017

Paradip Port Trust (PPT) has kick-started a massive plantation drive inside the Harbour Area on August 22, 2017.

N. Vaiyapuri, Deputy Chairman, inaugurated the environment-focused programme at TT-3 area of Mechanised Coal Handling Plant (MCHP). Saplings of medicinal/herbal and fruit trees were planted by the Heads of the Departments of PPT and by P. C. Mohanty, ACF, Kujang Divisio...


   
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