The Competition Commission of India has granted its approval to the proposed stake sale of the GMR Group’s 49 per cent shareholding in its airport business to France-based Aeroports de Paris SA (ADP). The Rs […]
CONCOR has reduced rail freight by 13-26 per cent for the month of March, with effect from March 7, 2020. The freight has been reduced to promote the movement of export volumes by rail instead […]
The Container Corporation of India (CONCOR) has signed a service agreement with RZD Logistics JSC (Russian Railways) to transport cargo between India and Russia using a single invoice. Following this, importers and exporters can move […]
The “Go Live” of the port community system (PCS) integration with the container freight station (CFS) module has been initiated at Mundra port (Adani Exim Yard). Meanwhile, all the CFSs at Mundra port will be […]
The New Mangalore Port Trust (NMPT) has accorded in-principle approval for a 30-year lease of Berth no. 1 as a dedicated facility for the Indian Coast Guard. The armed force will be using the facility […]
Finnish technology company Wärtsilä will upgrade its vessel traffic management system (VTMS) at Cochin port. The order for the VTMS was placed by the Cochin Port Trust (CPT) in February 2020. Meanwhile, Wärtsilä and the […]
The MoEFCC has granted environmental clearance and coastal regulation zone clearance for the mega container terminal project at Tuna-Tekra at Deendayal port. The scope of work of the project involves setting up of a mega […]
Duganta Oil and Gas and Orissa Stevedores Limited have won 49 small and marginal oil and gas fields that state-owned Oil and Natural Gas Corporation (ONGC) had bid out. At the close of bidding in […]
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