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|  DP World reports 10.7% gross volume growth in Q2 2017  |    |  Major Ports post combined net surplus of INR 2820 cr in FY 2017  |    |  Odisha sets a target to reach INR 1 lakh cr exports by 2025  |    |  Shapoorji Pallonji Group to spend INR 2,000 cr in Odisha Gopalpur Port  |    |  Air India SATS Airport Services launches mobile app for tracking cargo  |    |  IndiGo & Jet introduce additional flights to Doha, Mumbai from Kozhikode  |    |  Port of Rotterdam registers impressive container throughput rise in H1  |    |  New waterways to connect India with Bangladesh  |    |  Yang Ming to start New Korea-Taiwan-Hong Kong service  |    |  DFC to be commissioned in 2 years  |    |  Domestic air traffic up 20% in June  |    |  No new port in 100 km vicinity of major ports  |    |  IRCTC to install 1,100 water vending machines at railway stations  |    |  Port of Antwerp first half volume increases by 1.9% to 5,143,305 TEU  |    |  Asia-Europe rate falls 2.1% to USD 919 TEU, declines 3.1% to USWC  |    |  Operations at international cargo terminal likely to begin soon  |    |  Haicang Port sees 1H cargo rise 20.7% to 3.12 million TEU  |    |  Bahri gets delivery of 39th VLCC, strengthens its leading position  |    |  Shreyas Shipping & Logistics signs MoA to acquire one Multipurpose vessel  |    |  Businessman to sell 12% stake in CIAL  |   
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Concor to spend INR 8,000 cr over 5 years in infra and IT-enabled systems
According to its Chairman and Managing Director V Kalyana Rama, Container Corporation of India (Concor) will spend INR 6,000-8,000 crore over 5 years to develop infrastructure, buy equipment and strengthen IT-enabled systems. The capex plan for the next five years will be on the same lines as that of the past five years. However, since Concor has major plans to expand its warehousing spaces, investment will be high ...
logisticsnews/32227/Concor-to-spend-INR-8%2C000-cr-over-5-years-in-infra-and-IT-enabled-systems/
 
IR readies INR 5,000 cr PPP plan for 60 freight terminals
Indian Railways (IR) is on track to set up 60 freight terminals on public-private partnership basis in this financial year, buoyed by increased freight loading in the previous fiscal. Officials said that the INR 5,000-crore plan will help add nearly 55 million tonnes (mt) to the total loading capacity of the railways. “We have got requests from a lot of companies that want to set up freight terminals. We ...
logisticsnews/31993/IR-readies-INR-5%2C000-cr-PPP-plan-for-60-freight-terminals/
 
Arshiya sells 6 warehouses to Ascendas India for INR 534 cr
Arshiya has entered into an agreement to sell six of its warehouses to Ascendas India for INR 534 crore. The storage spaces spread across 832,000 square feet are located in Panvel, on the outskirts of Mumbai. A statement said that"The intended objective of Arshiya is to achieve an asset light model going forward, while Ascendas will potentially be getting a portfolio of income yielding Free Trade warehouse ...
logisticsnews/31947/Arshiya-sells-6-warehouses-to-Ascendas-India-for-INR-534-cr/
 
Balmer Lawrie invests INR 50 cr for building cold chain warehouses
Balmer Lawrie & Company Limited has said it is investing INR 50 crore for the construction of two cold chain warehouses to tap the growing demand for temperature controlled warehousing facilities. Of the INR 50 crore, the PSU would be pumping some INR 33-34 crore from internal accruals as it has sufficient free cash, the company Chairman and Managing Director, Prabal Basu, said. The company is constructing ...
logisticsnews/31941/Balmer-Lawrie-invests-INR-50-cr-for-building-cold-chain-warehouses/
 
Bahri signs contract to provide Logistics services to SAR
Bahri signed a contract with Saudi Rail Company (SAR), for the provision of transportation and shipping services from around the world as well as customs clearance support through Bahri Logistics, one of the six business units of Bahri. The agreement was signed by Khalid Abdulrahman Abanami, CFO and Designate EVP – Common Services, SAR, and Ahmed Mohammed Al-Ghaith, President of Bahri Logistics, in the presen ...
logisticsnews/31685/Bahri-signs-contract-to-provide-Logistics-services-to-SAR/
 
Concor focusing on building multi-modal logistics parks near ports
According to Chairman V. Kalyanarama, the Container Corporation of India (Concor) is mainly focusing on building multi-modal logistics parks (MMLP) in the vicinity of ports and in the hinterland to bring down logistics costs and to promote containerisation. He was here on Saturday to participate in the East Coast Maritime Business Summit organised by the Hyderabad-based magazine Maritime Gateway. "The Visa ...
logisticsnews/31652/Concor-focusing-on-building-multi-modal-logistics-parks-near-ports/
 
IR to set up USD 5 billion development fund
Indian Railways (IR) has circulated a draft cabinet note for setting up a dedicated USD 5 billion Railways of India Development Fund (RIDF). The fund will to be anchored by the World Bank and will serve as an institutional mechanism for the national transporter to arrange fund from the market for its investments. According to a top railway official, the fund will be managed independently by a non-government ent ...
logisticsnews/31557/IR-to-set-up-USD-5-billion-development-fund/
 
JNPT to float tenders to develop Jalna dry port
Jawaharlal Nehru Port Trust (JNPT) will float tenders for developing the 450-acre Jalna dry port in a couple of months, said Chairman Anil Diggikar. Diggikar said the port, which is coming up near Aurangabad, will be developed on a public-private partnership basis. The JNPT chief said that the port will be transferred to a private developer by January 2018. Cargo such as seeds, steel and automobiles will be exporte ...
logisticsnews/31475/JNPT-to-float-tenders-to-develop-Jalna-dry-port/
 
Apollo International sees logistics arm clocking INR 4,500 cr by 2022
Apollo International is targetting a 5 fold jump in the turnover of its logistics arm Apollo LogiSolutions (ALS) to touch INR 4,500 crore by 2022. The company plans to invest around USD 200 million in the next few years as it gears up to expand through both organic growth and acquisitions for a public listing of ALS around 2020. Apollo International Vice-Chairman and Managing Director Raaja Kanwar said that &qu ...
logisticsnews/31391/Apollo-International-sees-logistics-arm-clocking-INR-4%2C500-cr-by-2022/
 
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