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|  Businessman to sell 12% stake in CIAL  |    |  Shreyas Shipping & Logistics signs MoA to acquire one Multipurpose vessel  |    |  Bahri gets delivery of 39th VLCC, strengthens its leading position  |    |  Haicang Port sees 1H cargo rise 20.7% to 3.12 million TEU  |    |  Hong Kong airport first half cargo up 11.3% to 2.3 mt  |    |  Amsterdam Schiphol air cargo volume increases 9.8% in June  |    |  Cosco ports throughput jumps 14% in June to 7.4 million TEU  |    |  CSL proposes to issue IPO to finance infrastructure project  |    |  Jet Airways asks junior pilots to take 30% pay cut  |    |  Cambodian air cargo volumes increase 34% in first half of 2017  |    |  Domestic airlines fly 20% more passengers in June  |    |  Private Greenfield airport at Karaikal to be ready by next June  |    |  Kakinada Container Terminal achieves record throughput on vessel  |    |  DHL Express expands presence in key industrial hub of Bhiwadi  |    |  Cathay Pacific & Cathay Dragon carry more cargo in June  |    |  Essar Bulk Terminal eyes 50% rise in cargo handling in fiscal 2018  |    |  Jet Airways to start more domestic flights for monsoon  |    |  SpiceJet to connect Hyderabad-Puducherry under UDAN routes  |    |  Govt. approved allocating 2.5% of Road fund for NW  |    |  Kandla Port awards channel maintenance dredging contract  |   
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Bahri gets delivery of 39th VLCC, strengthens its leading position
Bahri, a global leader in transportation and logistics, has further expanded its multipurpose fleet with the addition of ‘ASLAF’, a 300,000 Deadweight tonnage (dwt) carrier built by Hyundai Heavy Industries (HHI) in South Korea. Bahri took delivery of the new vessel at HHI’s Mokpo shipyard in South Jeolla Province, South Korea, bringing the number of VLCCs in its fleet to 39 while increasing its t ...
Shreyas Shipping & Logistics signs MoA to acquire one Multipurpose vessel
Shreyas Shipping & Logistics has recently informed that the company has signed a Memorandum of Agreement (MOA) for acquisition of one Multi-Purpose Vessel of about 1100 Twenty Foot Equivalent Unit (TEU). The delivery of ship is expected in first week of September 2017 according to the Company’s BSE filing. Shreyas Shipping & Logistics is a part of Transworld Group of Companies, which was established i ...
Govt. approved allocating 2.5% of Road fund for NW
The Government recently approved allocation of 2.5% of the Central Road Fund for National Waterways (NWs) that would result in about INR 2,000 crore proceeds per annum for their development. Parliament last year had enacted National Waterways Act, 2016, for developing and maintaining the existing five NWs and 106 new NWs across the Country. An official said in statement, “The Union Cabinet has accorded it ...
Paradip Port registers 18% cargo growth in first quarter of FY18
Paradip port has outpaced all major ports in terms of cargo growth, achieving 18% volume growth in cargo handling in the April-June quarter. The Paradip Port Trust (PPT) handled 24.44 million tonnes (mt) of cargo during the said period, as compared to 20.59 mt in the corresponding period last year. The number of vessels handled by the port has accordingly recorded a growth of 12.34% as the port handled 437 ship ...
SCI gets another MPSV SCI Saraswati
The Shipping Corporation of India Limited (SCI) has taken delivery of a secondhand Multi-purpose Support Vessel (MPSV) at Singapore on 07th July 2017 (Friday). The vessel has been named ‘SCI Saraswati’ and added to SCI fleet. The deadweight tonnage (DWT) of the vessel is 3,719 tonnes and the gross tonnage (GT) is 3,616. The vessel complies with DPS2 requirements and SPS 2008 code and has been dual c ...
Kerry Logistics buys 50% stake in Lanzhou Pacific
Kerry Logistics Network Limited has acquired of 50% of the shares in Lanzhou Pacific Logistics Limited (LPL). The investment marks another strategic step in advancing Kerry Logistics' expansion into the rail freight and multimodal services under the 'Belt and Road' Initiative. As the new shareholder and joint venture partner, Kerry Logistics will join hands with another shareholder of LPL, China Rai ...
HKIA handles record 4.6 mt of airfreight
Hong Kong International Airport (HKIA) enjoyed a fruitful year in 2016/17, setting new annual records in all three air traffic figures: cargo, passenger and flight movements. During the fiscal year, cargo volume rose 6.7% to 4.6 million tonnes, securing HKIA as the world's busiest cargo airport for the seventh consecutive year. In the same reporting period, passenger traffic rose 1.1% to 70.5 million, breac ...
China plans to to start rail service to Pakistan through CPEC
China is planning to launch a road and rail freight service to Pakistan through the multi-billion dollar China-Pakistan Economic Corridor, a move which could raise concerns in India . The new line will start from Lanzhou, capital of northwestern China's Gansu Province, travelling through Kashgar in Xinjiang Uygur Autonomous Region to the Gwadar Port of Pakistan, said Xu Chunhua, director of Lanzhou Internationa ...
Kamarajar Port starts building 3 coal berths
A top official said that Kamarajar Port, formerly known as Ennore Port, has started constructing three coal berths that would be ready by March 2018. M.A. Bhaskarachar, chairman-cum-managing director, Kamarajar Port said that “We will be investing close to INR 1,000 crore on building two new berths and converting the existing iron ore berth into a coal berth.” With the addition of three more coal be ...
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