Japanese shipbuilder Kanagawa Dockyard has handed over a new harbour tug to Indian port operator Adani Group. Classed by the Indian Register of Shipping (IRClass), Dolphi ..
Adani Group
Great Eastern Files Bid for State-run Shipping Corporation
The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the government, reports the Hindu Business Line.
The Mumbai-based Great Eastern led by Bharat Sheth said it had “no comment” to offer on a query on filing the EoI.
Potential suitors filing EoIUS-based Safesea Group, helmed by Indian origin shipping professional SV Anchan, is expected to file the EoI “an...
https://mfame.guru/great-eastern-files-bid-for-state-run-shipping-corporation/
India’s Adani Group welcomes fourth tug in series from Kanagawa
Indian port operator Adani Group recently took delivery of a new tug from Japanese builder Kanagawa Dockyard. Classed by the Indian Register of Shipping, Dolphin No 29 is ..
Adani Group’s dominant position worries trade members
Trade members worried Adani Group moving towards dominant position
The ports of Dhamra, Vizag, Krishnapatnam, Kattupalli and Kamarajar on the East Coast may be located in different states but have something in common ― the Adani Group.
The latest acquisition of the privately-run Krishnapatnam Port Company Ltd (KPCL) in Andhra Pradesh for ₹13,500 crore, announced on January 4, by Adani Ports and Special Economic Zone Ltd (APSEZ), is a perfect strategic fit for the Gujarat-based conglomerate....
https://container-news.com/adani-group-dominant-position-worries-trade-members/
Adani group invited to develop major port at Machilipatnam
The State government has invited the Adani Ports and SEZ Limited to be part of the project to develop a deep sea port in an extent of 9,200 acres of the sea-front area on the Machilipatnam coast.
In August, the State government had scrapped the agreement signed with the Navayuga group for development of the port and took back 400 acres of land allotted to it for the purpose.
“An extent of 9,200 acres is available for developing an integrated port, which includes a logistics hub. The government...
Adani Ports enjoys 41% surge in its profit
India’s largest port developer and logistics arm of Adani Group, APSEZ, Monday, May 27, reported a 41.45 per cent surge in its consolidated net profit to Rs 1,314.19 crore for the quarter ended on March 31, 2019. Adani Ports and Special Economic Zone Limited (APSEZ) had clocked a consolidated net profit of Rs 929.06 crore for the fourth quarter of the last fiscal, the company said in a regulatory filing.
Total income of the company grew marginally to Rs 3,492.72 crore during the quarter under...
Adani to develop box terminal in Myanmar
Infrastructure conglomerate Adani Group has received in-principle approval from the Myanmar government to invest $290 million to build and run a container terminal along the Yangon river for 50-years.
This is Adani group’s second overseas venture after the Abbot Point terminal in Queensland, Australia.
Adani Yangon International Terminal Co Ltd (Adani), a unit of Adani Ports and Special Economic Zone Ltd (APSEZ), has been approved by MIC – Myanmar Investment Commission – a single-window approval...
https://container-news.com/adani-develop-box-terminal-myanmar/
VAHLE receives massive order from Adani Group
The Adani Group, biggest private port operator in India, has placed an order on VAHLE for the retrofit of 18 aisles and 15 RTG for the port of Kattupalli India. The project includes 3 kms of the 4-pole vCONDUCTOR U35 conductor system as well as 3 km of positioning system. The modification including commissioning is planned for late summer 2019.
In the meantime, the Adani Group has commissioned the retrofit of 14 further aisles.
The Trimotion system is remote control ready and only the vCOM data...