Coaltrans Global 2021Sailors SocietyTelestackCimbriaTOC EventsBühler GmbH
  • Sailors Society
  • Cimbria
  • Port of Stockton
  • Cleveland Cascades Ltd
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Van Aalst

Agrawal looks to Improved growth projections

Agrawal looks to Improved growth projections

(Posted on 06/12/20)

Rajiv Agarwal, Managing Director and Chief Executive Officer, Essar Ports, has given his reaction to the Reserve Bank of India’s monetary policy.

“We appreciate RBI’s efforts to maintain an accommodative stance. The unchanged Repo rate is understandable despite a spurt in inflation, which has been primarily driven by disruptions in supply chain, excessive margins and indirect taxes. However, it is imperative that going forward there is a cap on lending rates for low cost funding in order to boost the demand, the growth and the new wave of investments. This and the central bank’s recent measures along with appropriate reforms for an Atmanirbhar Bharat will definitely fuel the country’s economic revival. Improved growth projections are also reflective of an optimistic recovery led by a visible increase in urban and rural demand.”

Essar Ports specializes in development and operations of ports and terminals for handling dry bulk, break bulk, liquid and general cargo. It is one of the largest private sector port operators in India in terms of capacity and throughput. It has four operational terminals in India—one each in Hazira and Salaya (both in Gujarat) on the west coast, and in Visakhapatnam and Paradip on the east coast. The current operational capacity of the port terminals in India is 110 MTPA.

Latest News

Thirteenth consecutive monthly grain record for CN

(Posted on 15/04/21)

Despite challenging conditions, CN and its supply chain partners have delivered exceptionally during... Read more


Pilbara volumes hold up at 62.5mt

(Posted on 15/04/21)

Pilbara Ports Authority has delivered a total monthly throughput of 62.5 million tonnes (Mt) for March... Read more


Transshipments begin with largest ever UAE flagged bulker

(Posted on 11/04/21)

Emirates Steel, the leading integrated steel producer in the Middle East, and SAFEEN Group, the marine... Read more


Milwaukee promotes Polzin to Harbour Master

(Posted on 11/04/21)

The Milwaukee Board of Harbour Commissioners have approved the appointment of Eric Polzin to the position... Read more


Adani increases Krishnapatnam Port ownership

(Posted on 06/04/21)

Adani Ports and Special Economic Zone  Ltd. (APSEZ), India’s largest private Ports &... Read more


Single border checkpoint in Dunkirk

(Posted on 06/04/21)

Daniel Deschodt, Interim Chairman of the Executive Board of Dunkerque-Port, has officially handed over... Read more


UAE rail network to provide raw materials transport

(Posted on 01/04/21)

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah,... Read more


FMT increases Southern USA presence

(Posted on 31/03/21)

Federal Marine Terminals, Inc. (FMT) has signed an operating agreement with Port Itawamba, increasing... Read more


Greenlight for Teesside waste to energy project

(Posted on 28/03/21)

Two of the UK’s leading waste to energy companies – Low Carbon Ltd and PMAC Energy &ndash... Read more


Peel completes autonomous vessel trial

(Posted on 28/03/21)

Peel Ports is the first Port group in the United Kingdom to take delivery of an autonomous unmanned... Read more


Port of South LouisianaTBA GroupCleveland Cascades LtdThe Wolfson Centre for Bulk Solids Handling Technology Van AalstPort of Stockton
  • Coaltrans Global 2021
  • Port of South Louisiana
  • Vigan
  • Telestack
  • TOC Events

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping