Centre eyes developing a port in Bangladesh
India Government has set its eyes on developing the Payra port in Bangladesh. Building foreign ports is part of a new manoeuvre, for thwarting China’s growing influence in the region. The Payra port is...
Category: Shipping/Logistics
ChPT looking to take over berths at Karaikal port
The Chennai Port Trust (ChPT) is exploring the possibility of taking over one or two berths at Karaikal port, a private port in Puducherry operated by the Chennai-based Marg Group, to handle bulk and...
Adani Ports in talks to acquire Gangavaram Port for $2.1 billion
Adani Ports & Special Economic Zone has entered into exclusive talks to acquire Gangavaram Port near Vishakhapatnam in Andhra Pradesh for $2.1 billion, a deal which could make the company a dominant player on...
Kochi port to lease out sites for foodgrain handling
The Kochi port has proposed to allot 3-4 acre sites on lease for 30 years to investors for putting up silos for handling foodgrains. The facility will be allotted on the basis of tender-cum-auction,...
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