Pakistan authorities slash tariffs to bring traffic back to Port Qasim
Pakistan is making a noteworthy effort in its ocean trade aspirations, amid the lingering challenges ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
One of the more curious port developments in recent times has been India’s International Container Transhipment Terminal at Vallarpadam, adjacent to Cochin in Kerala state. The facility was conceived as India’s answer to the Sri Lankan hub of Colombo, which currently handles around 2m teu of Indian cargo, transhipped by deepsea carriers, but ICTT has met with little success. In this article, local publication LiveMint explores some of the irregularities in a bizarre concession-award process that saw “a state-owned port flouting its own tender terms to suit its convenience”.
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