APM Terminals Mumbai has become the first Indian container terminal to handle more than 2 million TEUs (Twenty-Foot Equivalent Units) in a calendar year.
It is said, it will be a game changer in container traffic of South India Mainline container vessel service at Tuticorin port will boost EXIM and save transhipment cost &time
The Project is Expected to tap The huge potential of Nepal bound containerised cargo on National Waterways -1
The Indian Ports Association (IPA) has appointed M/s Tech Mahindra as the Managed Service Provider for the five major ports at Mumbai, Kolkata, Chennai, Deendayal Port and Paradip Port Trust.
The Major ports in India have recorded a growth of 5.13% and together handled 288.38 Million Tonnes of cargo during the period April to August.
A new wage settlement agreement has been signed for Group C & D category of Port and Dock Workers in Mumbai in the presence of, Union Minister for Shipping.
A new international cruise terminal is being built at Mumbai at an approximate cost of Rs. 300 crores out of which Rs. 197 crores is the share of Mumbai Port and Rs. 103 crores by PPP operator who would be engaged for operation and management of cruise terminal.
Major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June, 2018 as against 167.
APSEZ announced that it has executed Share Purchase Agreement between Larsen and Toubro Limited, Marine Infrastructure Developer Private Limited, L&T Shipbuilding Limited and Adani Kattupalli Port Private Limited to acquire 97% shares of MIDPL.