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After months of saying it was nearing completion of a new, dedicated container facility, Mumbai Port earlier this week opened its first privately-developed offshore container terminal for an unexpected purpose — roll-on, roll-off operations. The $300 million offshore project, on which construction began in 2009, is already years behind schedule and instead of continuing to lose revenue, it appears as if the terminal's stakeholders have decided to put its space to use. “After the project was delayed due to certain bottlenecks, Mumbai Port Trust and concessionaire Indira Container Terminal Pvt. Ltd. have come together to put the facility to productive...

After months of saying it was nearing completion of a new, dedicated container facility, Mumbai Port earlier this week opened its first privately-developed offshore container terminal for an unexpected purpose — roll-on, roll-off operations.

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Ocean carriers’ schedule reliability rose in April amid falling volumes

Market headwinds push CMA CGM Q1 revenue, profit sharply lower

CBP rules US chassis manufacturer evaded tariffs on China-sourced parts