APSEZ Implements Double Stack Lock Charges at Mundra Port

02 Feb 2024 CW Team

Adani Ports and Special Economic Zone (APSEZ) has implemented a double-stack lock charge of Rs500 per wagon at Mundra Port, as revealed in a recent trade notice. The flagship port, located in Gujarat, aims to optimize operational efficiency and enhance its services through this strategic pricing adjustment.

The double-stack lock charges will be applicable to each wagon passing through Mundra Port, signifying a financial adjustment aimed at bolstering revenue streams and improving infrastructure capabilities. APSEZ's decision aligns with the port's commitment to continual enhancement of services and infrastructure to meet the evolving needs of maritime trade.

The implementation of these charges reflects the ongoing efforts of Mundra Port to optimize its operational processes and maintain competitiveness in the maritime industry. The trade notice serves as an official communication of the new charges, providing transparency to stakeholders and users of the port facilities.

As Mundra Port adapts its pricing structure, industry observers are likely to monitor the impact of these changes on trade dynamics and the overall efficiency of port operations. The introduction of double-stack lock charges underscores the strategic approach taken by APSEZ to ensure sustained growth and competitiveness in the maritime sector.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..