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|  Dighi Port gets Capesize ships  |    |  India’s fleet of 200 electric vehicles launched  |    |  CONCOR Q4 FY 2017 Net Profit up 9.63% at INR 335 cr  |    |  Kandla Port handles highest cargo of 5.45 lakh MT in a single day  |    |  UPS increasing Spanish air freight capacity  |    |  April air cargo rates up as Asia-North America volumes rise  |    |  Mundra ports quarterly profit up 27% to USD 182.6 million, sales up 18%  |    |  Aviation ministry to plan path for Air India this week  |    |  Paradip Port awarded for 2nd highest Traffic growth by Ministry of Shipping  |    |  200 MW solar projects to come up at major ports  |    |  Essar Shipping loss widens to INR 176 crore in Q4  |    |  DHL adds another China-Europe rail link  |    |  Railways to seek Cabinet nod for INR 35,000 cr development fund  |    |  Fraport profit soars 24.5% to USD 20.2 million, revenues rise 3.5%  |    |  CONCOR to start train service from ICD Agra to Mundra Port  |    |  Indian Railways will export 18 diesel locomotives to Myanmar  |    |  Korea seaport cargo up 6.6% in April  |    |  Toyota and Mitsubishi hope to run container port near Indonesian car plants  |    |  PMRDA to start work on ring road by October  |    |  AADA raises China-Australia rate USD 300 TEU July 1  |   
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CONCOR Q4 FY 2017 Net Profit up 9.63% at INR 335 cr
Container Corporation of India (CONCOR) has posted a 9.63% jump in standalone net profit at INR 335.71 crore for the fourth quarter ended March 31, 2017. The company had posted a net profit of INR 306.21 crore in the year-ago quarter, CONCOR said in a BSE filing. However, its total income decreased to INR 1,617.15 crore during the quarter under review from INR 1,663.55 crore in the corresponding quarter of 2015 ...
logisticsnews/32123/CONCOR-Q4-FY-2017-Net-Profit-up-9.63%25-at-INR-335-cr/
 
India’s fleet of 200 electric vehicles launched
The Minister of Road Transport, Highways and Shipping, Nitin Gadkari, and Maharashtra Chief Minister, Devendra Fadnavis, launched India’s first multimodal electric vehicle project at the Nagpur airport complex last week. This unique project brings together e-buses, e-cabs, e-rickshaws and e-autos on a single platform, the Ola App, which will enable commuters in Nagpur to book them. The fleet of 200 vehicles c ...
logisticsnews/32122/India%92s-fleet-of-200-electric-vehicles-launched/
 
Mundra ports quarterly profit up 27% to USD 182.6 million, sales up 18%
Adani Ports and Special Economic Zone Limited (APSEZ) increased quarterly net profit 27% to INR 11.79 billion (USD 182.6 million), drawn on revenues of INR22.31 billion, up 18%year on year. "Container volumes crossed 4 million Twenty Foot Equivalent Unit (TEU) for the first time at 4.24 million TEU, an increase of 27% year on year, surpassing all India container growth of 10%," it said of operations in Mu ...
logisticsnews/32119/Mundra-ports-quarterly-profit-up-27%25-to-USD-182.6-million%2C-sales-up-18%25/
 
Aviation ministry to plan path for Air India this week
The flight path for Air India's future may be drawn as early as next month. With finance minister Arun Jaitley saying the government is open to disinvesting in the airline, the aviation ministry will this week begin internal deliberations on the issue. Apart from this, the Niti Aayog is also learnt to be in advance stages of finalising its recommendations for the debt-ridden Maharaja. “Internally ...
logisticsnews/32118/Aviation-ministry-to-plan-path-for-Air-India-this-week/
 
Paradip Port awarded for 2nd highest Traffic growth by Ministry of Shipping
Union Shipping Ministry has awarded Paradip Port for achieving 2nd highest growth in traffic for the year 2016-17. Nitin Gadkari, Minister of Shipping and Transport appreciated PPT’s performance and presented an award to Paradip Port Trust (PPT) for achieving 2nd Highest Growth in Traffic for the year 2016-17. Rinkesh Roy, Chairman, PPT received the award for PPT from the Minister during the review meetin ...
logisticsnews/32117/Paradip-Port-awarded-for-2nd-highest-Traffic-growth-by-Ministry-of-Shipping/
 
200 MW solar projects to come up at major ports
The Union Shipping Ministry, in an effort to reduce the carbon footprint of 13 major public ports, is planning to set up solar power projects with up to 200 MW capacity. The Indian Ports Association (IPA) will do the project planning while the ports will finance the plants through internal accruals and debt that could include dollar-denominated loans. So far, major ports have already commissioned 16 MW of solar and ...
logisticsnews/32116/200-MW-solar-projects-to-come-up-at-major-ports/
 
Toyota and Mitsubishi hope to run container port near Indonesian car plants
Toyota Motor Corporation and Mitsubishi Corporation are among the leading bidders to operate Patimban port in West Java, Indonesia, that is currently under construction and being developed by the Indonesian government with funding from the Japan International Cooperation Agency (JICA). The port is expected to start operations in 2020. At full build out, it will have a capacity of 7.5 million Twenty Foot Equivalent ...
logisticsnews/32114/Toyota-and-Mitsubishi-hope-to-run-container-port-near-Indonesian-car-plants/
 
Visakhapatnam Port to be modernised by 2019
According to the Visakhapatnam Port Trust (VPT) authorities, modernization of port will be completed by 2019. “The modernisation of VPT includes increasing container trade, doubling capacities of inner harbour, modernise berthing structures, setting up Multi-Modal parks, free trade zones, provision of clean cargo and improvement of rail and road connectivity inside the port,” said VPT Chairman MT Krishn ...
logisticsnews/32107/Visakhapatnam-Port-to-be-modernised-by-2019/
 
Railways to seek Cabinet nod for INR 35,000 cr development fund
The Railways will soon move a Cabinet note to put in place a INR 35,000 crore fund, called the Railways of India Development Fund (RIDF). According to Railways officials, the Railways will have a minority stake of up to 49% in the fund, which will be used over seven years. The remaining stake will given away through a competitive bidding process, and the partner could be anybody —say multilateral or bilat ...
logisticsnews/32106/Railways-to-seek-Cabinet-nod-for-INR-35%2C000-cr-development-fund/
 
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