Page-2 of Ports Current Affairs, GK & News

First BIMSTEC Ports Conclave at Visakhapatnam

Between November 7 and November 8, 2019, the Ministry of shipping is hosting the first ever BIMSTEC Ports’ Conclave. The Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation is an international organization that involves South East Asian and South Asian countries. India’s growing interests in the region makes the conclave crucial and significant. ..

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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 ..

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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 ..

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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 ..

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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 & ..

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