Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
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The government of India has given the final nod for a high-stakes port project on the west coast: a greenfield harbour at Vadhavan, some 120 miles north of Mumbai.
The investment plan – estimated at some $10bn, in stages – has a two-pronged goal: to ease capacity pressure at Nhava Sheva Port (JNPA); and integrate supply chains with alternative cross-border multimodal networks taking shape to sidestep disruptions from geopolitical setbacks.
“The project will be constructed by Vadhavan Port Project, an SPV [special ...
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