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.
Vallarpadam delayed again?
India’s Kochi Port Trust (KPT), which has floated international tenders to select an operator for the proposed Vallarpadam International Container Terminal, is likely to extend the April 30 deadline for the receipt of final proposals after CSX World Terminals (CSXWT) and Maersk India both asked for more time to seek clarification on a number of points.
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