Dubai World's troubles have begun to impact India. Icra, the rating agency, on Monday downgraded its ranking on loans extended to DP World's (a transport and logistics arm of Dubai World) container......
The Gulf-based Dubai Ports World is all set to buy out the 165-year old port operator P&O Ports for $6.8 billion even as the Singapore-based port heavyweight PSA International is out of the fray......
The Shipping Ministry will award 30 port projects during the current financial year, which are likely to come up at an investment of about Rs 25,000 crore (Rs 250 billion). "We have already......