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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/
 
Allcargo Q4 net slips marginally
Allcargo Logistics today reported a marginal dip of 2% in consolidated net profit at INR 57.24 crore for the quarter ended March 31, 2017. The company’s net profit was at INR 58.64 crore in the year-ago quarter. Its total income from operations during the quarter was at INR 1,362.81 crore, as against INR 1,390 crore a year ago. The firm’s total expenses fell to INR 1,295.79 crore, compared to INR 1, ...
logisticsnews/32098/Allcargo-Q4-net-slips-marginally/
 
Pacific International Lines to develop integrated logistics park in China
A cooperation framework agreement has been signed between Pacific International Lines (PIL) Group, the Nanning Municipal Government and the Guangxi Department of Commerce to develop the Singapore-Guangxi Integrated Logistics Park (SGILP) in Nanning city, Guangxi Zhuang Autonomous Region. The SGILP will position Guangxi as a logistics base to distribute to South-East Asia and strengthen China’s Belt and Road i ...
logisticsnews/32093/Pacific-International-Lines-to-develop-integrated-logistics-park-in-China/
 
Highway projects worth INR 5 lakh crore planned in 2 yrs
The Government has set an ambitious target of awarding INR 5 lakh crore worth of highway contracts, totalling about 50,000 kilometer (km), in the last two years of its tenure, surpassing the cumulative road length awarded for paying in the last five years. Road Transport and Highways Minister Shri Nitin Gadkari said that the contracts will be for 44 Economic Corridors and 10 Expressways. Gadkari added that &quo ...
logisticsnews/32089/Highway-projects-worth-INR-5-lakh-crore-planned-in-2-yrs/
 
Kuehne + Nagel to launch new Changi centre to expedite air freight processing
Kuehne + Nagel (K+N) have opened a new air freight hub in Singapore to consolidate its activities for the sector on the island. The move will create operational synergies and improve cargo turnaround speed for time-critical shipments, the forwarder said. The new 5,200-square metre air freight centre is located within the Changi Airport logistics park and consolidates warehousing, administrative and aviation log ...
logisticsnews/32080/Kuehne-%2B-Nagel-to-launch-new-Changi-centre-to-expedite-air-freight-processing/
 
NHAI signs MoU with TIDCO
The National Highways Authority of India (NHAI) today signed an memorandum of understanding(MoU) with the Tamil Nadu Industrial Development Corporation Limited (TIDCO)for developing a multi-modal logistics park in Chennai. The park will come up in Ponneri Industrial Node near Kamarajar Port. Highways and Shipping Minister Nitin Gadkari said in a press release that it is an important agreement for the developmen ...
logisticsnews/32078/NHAI-signs-MoU-with-TIDCO/
 
Multimodal logistics park to come up near Kamarajar Port
The National Highways Authority of India (NHAI) has signed a MoU with the Tamil Nadu Industrial Development Corporation Limited (TIDCO) for the development of a Multimodal Logistics Park in the Ponneri Industrial Node area near Kamarajar Port in Tamil Nadu. The agreement was inked in New Delhi on Monday in the presence of the Road Transport and Highways and Shipping Minister Nitin Gadkari and M. C. Sampath, Ministe ...
logisticsnews/32071/Multimodal-logistics-park-to-come-up-near-Kamarajar-Port/
 
V.O. Chidambaranar Port & TANGEDCO sign MoU to upgrade Coal Jetty-I & II
V.O. Chidambaranar (VOC) Port is all set for a four-fold increase in the capacity of two of its Coal Jetties – Jetty I and II from 6.25 MTPA to 24 MTPA. The VOCP Trust signed a Memorandum of Understanding (MoU) with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for the upgradation of Coal Jetty I and II in New Delhi. The Minister of Shipping and Road Transport and Highways Nitin Ga ...
logisticsnews/32067/V.O.-Chidambaranar-Port-%26-TANGEDCO-sign-MoU-to-upgrade-Coal-Jetty-I-%26-II/
 
NHAI signs MoU with TIDCO
The National Highways Authority of India (NHAI) a today signed an memorandum of understanding (MoU) with the Tamil Nadu Industrial Development Corporation Limited for developing a multi-modal logistics park in Chennai. The park will come up in Ponneri Industrial Node near Kamarajar Port. Highways and Shipping Minister Nitin Gadkari said in a press release that it is an important agreement for the development of an ...
logisticsnews/32065/NHAI-signs-MoU-with-TIDCO/
 
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