India has a coastline of over 4,000 miles and is one of the world’s largest Exclusive Economic Zones (EEZ). The primary ports in India are 13 major harbors that are well connected and have state-of-the-art facilities. These ports service vessels inbound from the Middle East, Europe, and Africa to the...
Maersk To Invest Further in India
In an interview with Economic Times Soren Skou, CEO of Copenhagen-based AP Moller-Maersk, says the company considers India an investment destination, and that the $35 billion shipping conglomerate will invest more in port facilities. Lightly edited excerpts of the interview: On how important India is to the company Skou: Globally,...
Ports and Shipping to attract $100 billion by 2020
Only in India, will a new policy that covers the period from 2010 to 2020 be released in January 2011. A year late is still good, just take the targets with a grain of salt. Shipping Minister G.K. Vasan hopes to more than triple India's annual port handling capacity to...