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The issue of 10 years was priced at par to yield 3 percent which is also the lowest coupon achieved by any corporate Indian issuer in the last 5 years

AICTPL maiden USD bond issuance 10 times oversubscribed: Adani

29 Dec 2020 12:11 PM IST
December 29, 2020: Adani International Container Terminal (AICTPL) settled its first $300 million public USD bond issuance on December 21, 2020.
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These new improvements aim for faster connections and will be implemented from January 2021 onwards.

CMA CGM to up presence along Europe-Mediterranean-Middle East, India

17 Dec 2020 4:13 PM IST
December 17, 2020: The CMA CGM Group is reinforcing its presence through improved port coverage and vessel deployment on its EPIC, EPIC2, MEDEX and...
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In November, the terminals' average train operation time was maintained under 4 hours per train.

APM Pipavav handles highest-ever outward double-stack trains in Nov  

17 Dec 2020 3:59 PM IST
December 17, 2020: APM Terminals Pipavav in November 2020 handled 181 double-stack trains, out of which 157 trains were outward double-stack trains to...
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The aim of this online course is to provide training and expertise to port professionals and share the best practises prevailing at the leading terminals of Port of Antwerp.

JNPT, Antwerp Port announce online course in breakbulk handling

17 Dec 2020 10:54 AM IST
December 17, 2020: With the demand for upgraded skills for port-led development increasing, the JNPT-Antwerp Port Training & Consultancy Foundation...
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The general cargo vessel, named Lady Hedwig for Netherlands based client Wijnne & Barends is 98.2 m in length overall, 13.4 m in breadth moulded, 7.8 m in depth and has a draft of 5.6 m.

Chowgule Shipyards delivers its 29th export vessel named Lady Hedwig

14 Dec 2020 3:02 PM IST
December 14, 2020: Chowgule Shipyards, part of the Chowgule Group, has delivered its 29th export vessel and India’s first vessel in the export market...
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Port rotations: PSA Mumbai - Mundra - Port Klang North Port - Shekou - Dalian - Shanghai - Ningbo - Hong Kong - Shekou - Singapore - Port Klang West Port - Port Klang North Port - Colombo - PSA Mumbai.

PSA Mumbai welcomes maiden vessel of new Far East service

14 Dec 2020 11:54 AM IST
December 14, 2020: PSA Mumbai on December 12, welcomed maiden vessel of the new Far East service (CI6/SIS/CISC2), jointly operated by Wan Hai Lines,...
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During Q3 of 2020, the Indian containerised trade contracted by about 8 percent as compared to the same period last year. However, comparing to Q2 of 2020, there has been a 31 percent increase in volumes.

14% QoQ growth in containerised export drives India’s recovery: Maersk

11 Dec 2020 1:57 PM IST
December 11, 2020:  The global shipping giant Maersk in its India Trade Update Q3, 2020 (July to September) noted that the 14 percent quarter on...
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The spot rate integration with Freightwalla will allow shippers to search, secure competitive rates, and book container space instantly online, making it more reliable

Freightwalla joins hands with Maersk to provide accurate spot rates

8 Dec 2020 1:54 PM IST
December 8, 2020: The digital forwarding startup Freightwalla has partnered with the global shipping giant Maersk to offer spot rates on its platform...
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Ministry intends to promote floating jetties for various usages all along the Indian Coastline

India issues draft guidelines on floating structures for public consultation

8 Dec 2020 8:48 AM IST
December 8, 2020: Ministry of ports, shipping and waterways has compiled the draft guidelines for technical specifications of floating structures,...
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The overall traffic including containers handled at JNPT during November grew 9.04 percent to 5.70 million tonnes from the 5.22 million tonnes in November 2019.

JNPT posts 7% YoY container cargo growth in November 

5 Dec 2020 10:21 AM IST
December 5, 2020: Jawaharlal Nehru Port Trust (JNPT) handled 413,737 twenty-foot equivalent units (TEUs) in November 2020, clocking a growth of 7.61...
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The terminal attracted customers who are facing challenges at neighbouring international hubs like Colombo, by handling 9 mainline services carrying transshipment cargo.

DP World Cochin records highest-ever container, transshipment volumes

4 Dec 2020 9:52 AM IST
December 4, 2020: DP World operated International Container Transshipment Terminal (ICTT) at Cochin has achieved its all-time highest monthly...
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The merchant vessel W OSLO was carrying 87,529 tonnes of steam coal from Richards Bay, South Africa for Sarda Metal and Alloys, Sarda Energy Minerals for discharging at Visakhapatnam Port.

Chowgule Brothers manages largest cargo ship berthing at Vizag Port

3 Dec 2020 3:34 PM IST
December 3, 2020: The Indian shipping service provider and part of the Chowgule Group, Chowgule Brothers, today announced the successful management of...
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