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May 28 , 2023 COSCO SHIPPING Lines and OOCL Fleets Improve Supply Chain Service Efficiency            May 28 , 2023 Dedicated Freight Corridor achieves milestone of running 1 lakh trains            May 28 , 2023 Forex reserves dip $6.1 billion to $593.48 billion            May 27 , 2023 PSA acquires stake in Sotrans Group, A leading logistics provider, Forming a strategic partnership with ITL Corporation            May 27 , 2023 E-Commerce to get tax refunds at par with other exports : DGFT            May 27 , 2023 Mawani : Dammam added to MSC’s India to South Africa Service            May 27 , 2023 SMP Kolkata plans to invest Rs 4,000 cr by 2030 to expand capacity : Chairman            May 27 , 2023 Union Minister – MoPSW visits Indian Register of Shipping in Mumbai            May 27 , 2023 Snowman Logistics records annual revenue of INR 417.65 crores            May 27 , 2023 R Dinesh takes over as CII President            
Latest News

PSA acquires stake in Sotrans Group, A leading logistics provider, Forming a strategic partnership with ITL Corporation

May 27 , 2023

E-Commerce to get tax refunds at par with other exports : DGFT

May 27 , 2023

Mawani : Dammam added to MSC’s India to South Africa Service

May 27 , 2023

SMP Kolkata plans to invest Rs 4,000 cr by 2030 to expand capacity : Chairman

May 27 , 2023

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DST News

MoPSW plans for early resolution of stuck PPP projects at Major Ports

May 12 , 2022

NEW DELHI: Ministry of Ports, Shipping and Waterways has finalised guidelines for early resolution of stuck public private partnership (PPP) projects at Major Ports, according to an official document. As per the official document, the aim of the guidelines is to facilitate revival of the projects falling in the category of stressed assets and these guidelines will pave the way for resolution of the cases under arbitration.

"The port asset is likely to be put to use through re-bidding," it said, adding this will result in unlocking the blocked cargo handling capacity of approximately 27 million tonne per annum (MTPA).
It will create better trade opportunities for prospective investors and port authority will start generating revenue.
The document noted that the early resolution of stuck projects will repose confidence in investors and concessionaires and also generate employment opportunities.
In the past decade, the Centre had invited private investment into the Major Ports sector and several projects were awarded under design, built, finance, operate and transfer (DBFOT) basis across Major Ports in the Country.

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