India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
Indian rail in demand
Following the recent withdrawal of stateowned Container Corporation of India (Concor)’s monopoly on moving containers by rail from inland depots to India’s ports (see WorldCargo News January 2006, p12), at least 14 companies, including P&O Ports and Singapore-based Neptune Orient Lines (NOL), have applied to the Indian government for permission to move containers on the Indian Railways (IR) network.
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