railway-news
CONCOR Commenced Coastal operations
New Delhi: Container Corporation of India Ltd (CONCOR’s), under Railway Ministry maiden voyage vessel - SSL Mumbai was flagged off from Kandla Port to Tuticorin Port by railways minister Shri Piyush Goyal and minister of road transport and highways, shipping and water resources Nitin Gadkari through Video link from Transport Bhawan in New Delhi.
CONCOR, being a part of the overall strategy of expansion and entry into new areas of the business to complement CONCOR's position as a Multimodal Logistics service provider, CONCOR had commenced coastal operations from 10.01.2019.
Speaking on the occasion, Shri Nitin Gadkari said, 'It’s a red flag day in the history of transportation in India. I’m glad to see this modal shift in the logistics chain. The combination of Railways and Coastal Shipping is a win-win situation for both modes as this will release capacity for railways to carry others goods and facilitate more commodities like steel, cement, and other general cargo to be transported through coastal trade, thereby enhancing the coastal trade basket.
Read Also : Mines Ministry Inks MoU with Shakti Sustainable Energy Foundation
News Must Read
- THDC and UJVNL Joint Venture, TUECO inks MoU with Nagar Nigam Haridwar
- IREDA bags Navratna status from government
- EIL and Mongol Refinery resumed external construction activities at Mongol Refinery Project site
- World's Largest Airport Coming; 5 times bigger than Dubai International Airport
- NTPC inks pact with RINL for supply of limestone
- RBL Bank Q4 Audited Financial results, FY24
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks