Ports Sector News

Industry

Gujarat plans to revive Mithivirdi, Vansi Borsi port projects

Mithivirdi and Vansi Borsi port projects may require an investment of 6,000-6,500 crore and Gujarat government is looking to bring in private developers ahead of Vibrant Gujarat Summit 2019

2 min read8 Jun 2018
Companies

Supreme Court rejects Essar’s plea against Hazira port expansion

Supreme Court dismissed Essar Bulk Terminal's appeal, and upheld Gujarat govt's 2016 notification on expansion of Adani's Hazira port saying it was not contrary to public interest

1 min read23 Feb 2018
Companies

DP World, India’s NIIF to set up $3 billion investment platform

The DP World-NIIF investment platform will invest up to $3 billion in ports, terminals, transportation and logistics businesses in India

3 min read23 Jan 2018
Companies

Modi govt signs off on radical makeover for ports sector

The cabinet has approved a new model concession agreement for PPP port construction, a move that will permit easier exits for promoters

2 min read4 Jan 2018
Companies

S&P ups outlook on Adani Ports to stable from negative

S&P revises outlook on Adani Ports to stable from negative on expectations of better operating performance and limiting related party lending

1 min read14 Jun 2017
Industry

Indian Ports Global to set up a company in Iran to run Chabahar Port

The contract for the port project is expected to be signed during Narendra Modi's visit to Iran this month

2 min read5 May 2016
Companies

Adani Ports reports 38% increase in March quarter profit to Rs914 crore

APSEZ says consolidated profit rose to Rs914 crore in the January-March quarter from Rs661 crore in the year earlier

1 min read4 May 2016
Companies

Adani Ports considering acquisitions in India, abroad

Gautam Adani's son Karan Adani is leading the drive to complete the 'string of pearls' in India and further expansion in Sri Lanka, Bangladesh, US, Europe

5 min read23 Feb 2016

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