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LogisticsAPSEZ, led by Gautam Adani, has secured environmental and coastal regulation zone approval from the Centre to double the capacity of its flagship port in Mundra to 514 MT with an investment of ₹45,000 crore.
LogisticsThe Indian Railways maintained its record-breaking goods loading in May 2024, surpassing the anticipated slowdown during an election month.
LogisticsCargo traffic across the country's 12 major ports climbed by 3.75% year on year in May to 72.04 million tonnes (MT) from 69.43 MT handled in the same month of 2023, with nine of these ports reporting positive growth.
LogisticsThe state govt has initiated proceedings to obtain environment clearance for the second and third phases of the project. Adani Group. Vizhinjam International Seaport.
LogisticsAccording to an analysis carried out for the first quarter of 2024 by S&P Global, the volume of container movements grew at major Indian ports on a yearly basis. container movements. Indian ports.
LogisticsShipping ministry intends to switch to an 80% landlord model by the end of this decade in order to boost productivity and lower logistics expenses at major ports. landlord model.
LogisticsCareEdge Ratings predicted that container traffic will increase by 8% to 342 million tonnes (MT) this fiscal year despite the possibility of a protracted Red Sea crisis.
LogisticsRINL approached the Andhra Pradesh government for support in ensuring an immediate coking coal supply delayed at Adani Gangavaram Port.
LogisticsIndian Railways loaded 128.29 MT of goods in April 2024, which is 1.46% greater than the 126.45 MT freight loading for April 2023.
LogisticsThe major ports in India saw a notable improvement in performance in FY24. They were able to cut the ship turnaround time by 9%, making it only take 48 hours. India's maritime sector.
LogisticsIndian Railways plans to build an additional 200 Gati Shakti multi-modal facilities to increase freight profits and decongest existing routes for speedier passenger train movement.
LogisticsAdani Group's Vizhinjam Port has received the shipping ministry's approval for operating as India's first transshipment port. Vizhinjam Port. India's first transshipment port.
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