India’s ports sector continued its financial recovery in fiscal 2015-16 after its 12 major state-owned ports, known as major ports, booked an increase in operating profit of 19 percent.
Port of Visakhapatnam
05 Apr 2016
India’s major ports controlled by the union government recorded a 3 percent year-over-year increase in container throughput in fiscal year 2015-16, which ended March 31, according to the newest provisional port statistics collected by JOC.com.
07 Mar 2016
India’s state-owned major ports booked a 2.6 percent increase in container volumes in the first 11 fiscal months compared with the same period the prior fiscal year, the newest provisional port figures collected by JOC.com show.
18 Feb 2016
India will issue tenders in March for a consulting study on the development of a new transshipment port at Colachel on the Malabar coast on the southernmost tip of the subcontinent.
12 Feb 2016
DP World on Friday unveiled a plan to invest $1 billion in India over the next few years, as the Dubai-headquartered terminal operator looks to tap into potential growth opportunities in the emerging Asian economy.
09 Feb 2016
Container throughput at India’s major public ports was up 2.21 percent year-over-year in the first 10 months of fiscal year 2015-16, but the growth would have been slightly higher if the largest container handler, Jawaharlal Nehru Port Trust, hadn’t faced slowdowns due to prolonged industrial unrest at the DP World facility in the harbor last month.
28 Jan 2016
Investment in India’s port infrastructure will reach $2.1 billion in fiscal 2015-16 and add 162 million tonnes (179 million tons) per annum of new capacity to the country’s 12 largest ports, according to the country’s Ministry of Shipping.