Gati Ltd., India’s leading express distribution and supply chain solutions provider, reported its group net income fell 33.3 percent in the first fiscal quarter from a year earlier to Rs. 10 crore (about $1.56 million) despite healthy revenue growth.
20 Jul 2015
Shreyas Shipping and Logistics last week said it took delivery of two more container ships that make it the largest Indian short-sea ship operator in terms of fleet size
02 Jul 2015
India’s transportation infrastructure upgrade program got another push with the World Bank approving the release of $650 million, the third tranche of a long–term program to help build up New Delhi’s much-delayed, eastern, dedicated freight corridor project.
01 Jul 2015
State-owned rail operator Container Corporation of India has slashed its charges for the movement of empty containers between Chennai Port and Bangalore, providing some respite for shippers struggling with port delays and ocean carrier surcharges.
29 Jun 2015
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
26 Jun 2015
Kattupalli International Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first ship call of the SCI Middle East India Liner Express, or SMILE, an intra-regional service by state-owned carrier Shipping Corporation of India.
25 Jun 2015
In a significant infrastructure investment push, the government of India has approved new cost estimates for its long-planned eastern and western dedicated freight corridor projects, designed to upgrade intermodal connectivity between hinterlands and gateway ports in the country.
24 Jun 2015
Shreyas Shipping and Logistics on Wednesday said it signed an agreement to buy the Hub Gallardo, a container ship with a capacity of approximately 700 20-foot-equivalent units, the Indian short-sea ship operator’s second acquisition this month.
23 Jun 2015
Container trailer groups in the Nhava Sheva port complex issued a trade notice suspending drayage operations to and from APM Terminals-run Gateway Terminals India, effective Tuesday, sparking another round of congestion woes for shippers and carriers using India’s largest box gateway, also known as Jawaharlal Nehru Port Trust.
22 Jun 2015
An Indian-flagged cargo vessel carrying containers sank in the early morning hours of Monday about 40 nautical miles off the Mumbai coast, according to Indian maritime agencies.
18 Jun 2015
Intra-regional feeder carrier Shreyas Shipping and Logistics is adding more vessels to its fleet, eyeing the prospect of accelerating its growth through coastal shipping operations in India.