Strong growth across multiple segments, especially intermodal, helped India’s Gateway Distriparks Ltd. deliver impressive results in fiscal year 2014-15, which ended March 31.
Port of Chennai
Port of Chennai
31 Mar 2015
The Chennai Port Authority, India’s second-largest state-owned container gateway, is poised to reach a record throughput volume in fiscal year 2014-15, which ends March 31, the latest port statistics collected by JOC.com reveal.
18 Mar 2015
Publicly owned major ports in India reported healthy levels of container throughput growth during April 2014 to February 2015, the first 11 months of fiscal year 2014-15, compared to the volumes in the previous year, according to the latest provisional figures compiled by JOC.com.
25 Jan 2015
Only 60-70 percent of India’s port capacity was currently being utilized, and that issue should be addressed before the country embarked on ambitious new port projects, according to Visakhapatnam port chairman M.T. Krishna Babu.
11 Dec 2014
The number of containers handled at major ports in India climbed 8.32 percent year-over-year from April through November, the first eight fiscal months, continuing an accelerating growth trend that leaves state-owned port authorities on track to meet annual throughput targets.
07 Nov 2014
Gateway Distriparks Ltd., India’s leading port logistics provider, boosted second-quarter net profit 42 percent year-over-year to Rs. 47.74 crore (US $7.83 million) on a consolidated basis, mainly driven by higher earnings from its “rail logistics” segment.
05 Nov 2014
A container terminal on the Bay of Bengal will add 1.4 million TEUs of capacity to India's eastern coast when it opens in March 2016.
21 Aug 2014
Container throughput at major state-owned ports in India expanded 5.3 percent year-over-year during April to July, the first four months of fiscal year 2014-15, according to preliminary figures released by the Indian Ports Association.
10 Jul 2014
The volume of containers shipped via major ports in India climbed nearly 4 percent year-over-year from April to June, the first quarter of fiscal year 2014-15, showing signs of a slight turnaround in global trade.
02 Jul 2014
Indian Customs has put in place at Chennai Port new regulations that authorities believe will help tackle truck congestion in the harbor and on roadways connecting the cargo terminals.