TODAY IS: Monday , August 08, 2022
Menu
  • Home
  • About Us
  • News
  • Start Up
  • Appointments
  • Exchange Rates
  • Useful Links
  • Awards
  • DST Everyday
  • DST Gujarat
  • Advertise With Us
  • Contact Us
DST

LATEST UPDATES:

August 08 , 2022 Hon’ble President of Republic of Maldives visits APM Terminals Mumbai [GTI]            August 08 , 2022 Piyush Goyal interacts with Export Promotion Councils andAssociations; stresses on a ‘Whole of Govt’ approach to boost exports             August 08 , 2022 Indian exporters need to be future-ready for technology and sustainability : ASSOCHAM-Deloitte Report            August 08 , 2022 J M Baxi Ports & Logistics set to win the auction for Container Terminal at VOC Port            August 05 , 2022 JNPA welcomes HE Ibrahim Mohamed Solih, President, the Republic of Maldives            August 05 , 2022 PIL Celebrates Singapore’s 57th Birthday - Sponsors 102 Containers for NDP            August 05 , 2022 DCSA and the European Shippers’ Council agree to collaborate to drive adoption of DCSA standards            August 05 , 2022 ODOP initiative is operationally merged with ‘Districts as Export Hub (DEH)’ initiative of DGFT : MoS Commerce             August 05 , 2022 MoS Commerce highlight steps taken for increasing exports through e-Commerce            August 05 , 2022 India expects $8-$9 bn Bilateral trade with Russia & Sri Lanka in two months : Commerce Secretary             
Latest News

JNPA welcomes HE Ibrahim Mohamed Solih, President, the Republic of Maldives

August 05 , 2022

PIL Celebrates Singapore’s 57th Birthday - Sponsors 102 Containers for NDP

August 05 , 2022

DCSA and the European Shippers’ Council agree to collaborate to drive adoption of DCSA standards

August 05 , 2022

ODOP initiative is operationally merged with ‘Districts as Export Hub (DEH)’ initiative of DGFT : MoS Commerce

August 05 , 2022

View All Posts

DST News

Adani Ports submit initial bid to buy debt laden Karaikal Port

August 04 , 2022

PUDUCHERRY : Adani Ports and Special Economic Zone Ltd (APSEZ) has placed an initial bid to buy stressed port company Karaikal Port Pvt Ltd which is undergoing resolution under India’s bankruptcy law, multiple sources said.
Karaikal Port Pvt Ltd runs the all-weather Karaikal Port developed on a Build, Operate and Transfer (BOT) format under the Public Private Partnership (PPP) mode on a 30-year concession awarded by the Puducherry Government. The port started operations in June 2009.
A potential deal for Karaikal will add to APSEZ’s presence on India’s 
Eastern seaboard where it acquired Krishnapatnam and Gangavaram Ports in the last two years. APSEZ also runs ports/terminals at Dhamra, Kattupalli, and Ennore.
On the Western coast, APSEZ runs ports/terminals at Mundra, Tuna, Dahej, Hazira, Dighi and Mormugao.
The 12 Ports/Terminals run by APSEZ on the East and West coasts have a capacity to handle a combined 538 million tonnes (mt) of cargo a year.
APSEZ handled 312 mt of cargo in FY22 at a capacity utilisation of 58 percent compared.
“In three years, we expect to grow our cargo volumes by 60 percent to 500 mt as we target to emerge as the world’s largest port operator and India’s largest transport utility by 2030,” Karan Adani, Chief Executive Officer, APSEZ, said in the firm’s annual report for FY22.

Subscribe

Make sure you don't miss interesting happenings by subscribing to our anual membership model to get daily shipping times eDST.


HEAD OFFICE : MUMBAI

5, Rustom Sidhwa Marg, Gunbow Street, Dossa House, Room No. 14-18, 1st Floor, Fort, Mumbai-400001

    (022) 22661756 / 22661422
   (022) 22664213
   dailyshipping@gmail.com

QUICK LINKS


  • Awards
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy

Developed By : Ace Smart Advertising

QUICK INQUIRY


Your email address will not be published. Required fields are marked *

© Daily Shipping Times