India On Cusp Of Waterways Revolution; 4% Cut In Logistics Cost To Lift Exports By 30%: Gadkari | Business Standard News
Waterways transport in India is all set for a revolution and has potential to bring down logistics cost by 4 per cent that will propel exports by 30 per cent, Union minister Nitin Gadkari said Thursday kicking off PSU Concor's maiden containers voyage through coastal shipping. The shipping and road transport minister said many firsts in the country were lined up as massive works were underway on projects for turning 11 rivers into waterways besides pilot run of aeroboats on Ganga on January 26.
Saudi Ports Authority Implements Reforms To Boost Non-oil Exports | Al Bawaba
The Saudi Ports Authority (MAWANI) has decided to reduce its terminal handling charges of import empty containers at Jubail port.It is part of MAWANI's efforts to transform the Kingdom into a unique logistics platform in accordance with the Vision 2030.The authority has also decided to increase port demurrage or storage free days from five to 15 days to enable exporters to receive empty containers directly from Jubail port. Copyright: Arab News (c) 2018 All rights reserved. read more.
Mapletree To Invest In Logistics Assets In India
Logistics development is a strategic call for Mapletree, which is looking at creating a long-term investment and development portfolio across key cities.
Why Plunging Oil Prices Now Hurt--yes Hurt--the U.s. Economy
Thanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.
Invesco Backs Lcp's EUR1bn Logistics Assets Development Plan | News | Ipe Ra
LCP plans to develop over EUR1bn of new logistics assets during the next three to five years. : Logistics Capital Partners (LCP), an investment platform set up in 2015 by former CBRE and Goodman professionals, has received a "strategic investment" from Invesco Real Estate to help LCP develop over EUR1bn of new assets. Invesco, the EUR55.9bn manager said it will provide an undisclosed amount to the pan-European logistics specialist by way of preferred equity, on behalf of Invesco's strategic opportunities investment programme. The capital significantly strengthens LCP's balance sheet and will be deployed directly into new development projects, Invesco said.
Jsw Steel Invests Rs 350 Crore In Pipe Conveyor Projects, Will Save On Logistics Cost
The two pipe conveyor projects will transport ore from the mines to the company#39;s plant in Karnataka. : JSW Steel is investing nearly Rs 350 crore to set up two pipe conveyor projects that will transport ore from the mines to its plant in Karnataka. The projects, which will be completed by the end of the present financial year, will save the company as much money - around Rs 350 crore - in annual logistics cost to transport the raw material. At present, hundreds of trucks are deployed to move the ore from the mines to the plant in Vijayanagar.
Kapa Oil Refineries To Invest In 1.5 Megawatts Solar Power
Kapa Oil Refineries Ltd wants to install a 1.5 megawatts (MW) solar photovoltaic (PV) grid-tied system for internal use, joining the growing list of corporates turning to green energy to fuel industries.
Odisha Government Invites Investors To Explore Investment Opportunities In Agriculture Marketing In The State | Economy News
Department of Cooperation of the State Government organized a Consultative Workshop in this regard. : New Delhi: The Odisha government invited industries to explore investment opportunities in agriculture marketing in the state in order to realize the goal of enhancing farmers' income in a sustainable manner at a workshop held in Gurugram on Wednesday.
Farm Education Investment In Hope Of Future Bumper Crop Of Agricultural Innovators - Abc News (australian Broadcasting Corporation)
The Tasmanian agriculture sector is celebrating a resurgence in farm education as the Government moves to shore up its long-term vision for one of the island's most valuable industries.
Two Companies Land Defense Contracts - Portland Press Herald
BIW and Sysco each got contracts worth roughly $10 million. : Bath Iron Works was awarded a $9.6 million contract modification to change the power distribution systems of three destroyers. The work involves adding new integrated power node centers. The award was made by the U.S. Navy. Sysco Northern New England Inc., based in Westbrook, was awarded a contract of up to $10.5 million to distribute food to all branches of the military in northern New England. The award was made by the Defense Logistics Agency.