Ports Current Affairs - 2019

Category Wise PDF Compilations available at This Link

CCEA approves Strategic Sale of Government Equity in Dredging Corporation Of India

Cabinet Committee on Economic Affairs (CCEA) has approved strategic disinvestment of 100% Government of India’s shares in Dredging Corporation of India Limited (DCIL) to consortium of four ports. Presently, Central Government holds 73.44% shares in DCIL. The consortium of four ports consists of Vishakhapatnam Port Trust (Andhra Pradesh), Paradeep Port Trust (Odisha), Jawahar Lal Nehru Read More…

Month:  Categories: Business, Economy & Banking

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Government to expand Logistics Data Bank project to South India  

The Union Ministry of Shipping is planning to expand Logistics Data Bank (LDB) project to the country’s southern region. So far, it had covered only the western logistics corridor. The LDB project was launched at the Jawaharlal Nehru Port (JNPT), Mumbai in July 2016, making it first port in India to provide this service. Later Read More…

Month:  Categories: Business, Economy & Banking

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Cristiano Ronaldo wins 2016 FIFA Ballon d’Or Award

Real Madrid forward Cristiano Ronaldo (31) from Portugal has won the prestigious 2016 FIFA Ballon d’Or Award. He has earned this title of world’s best football player for fourth time. Earlier he had won the Ballon d’Or in 2008, 2013 and 2014. In this year’s competition, Barcelona’s Lionel Messi (Argentina) finished second and Atletico Madrid’s Read More…

Month:  Categories: Awards & HonoursPersons in NewsSports & Games

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JNPT signs ECB Agreement worth $400 Million with SBI and Development Bank of Singapore

India’s premier container port, Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai has signed 400 Million US Dollar agreement with State Bank of India (SBI) and Development Bank of Singapore (DBS) for External Commercial Borrowing (ECB). The agreement was signed by JNPT officials in the presence of the Union Minister for Shipping, Road Transport & Read More…

Month:  Categories: Business, Economy & Banking

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Union Cabinet approves setting up a Major port at Enayam near Colachel in Tamil Nadu

The Union Cabinet has given its in-principle approval for setting up a Major port at Enayam near Colachel in Tamil Nadu. On completion the port will become country’s 13th major port. The Enayam Major Port project seeks to make India a trans-shipment hub for the global East-West maritime trade route. Enayam Major Port project For Read More…

Month:  Categories: Governance & PoliticsPlaces in News

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APSEZ inks MoU with IPGA to handle pulses across its ports in country

Gujarat-based Adani Ports and Special Economic Zone (APSEZ) has signed a Memorandum of Understanding (MoU) with India Pulses and Grains Association (IPGA) to handle import and exports of pulses across its ports in the country. The MoU seeks to Develop an efficient and dedicated supply chain for pulses using Adani Ports’ strategically located facilities to Read More…

Month:  Categories: Business, Economy & Banking

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PM lays foundation stone of 4th terminal of Jawaharlal Nehru Port Trust in Mumbai

Prime Minister Narendra Modi has laid the foundation stone of fourth terminal of country’s largest container port – Jawaharlal Nehru Port Trust (JNPT) in Mumbai. The ambitious project will augment JNPT’s present capacity situated off the financial capital’s eastern seafront by doubling it in next two years. Key facts The fourth terminal project will be Read More…

Month:  Categories: Business, Economy & Banking

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