PSA Mumbai sets new record on monthly volumes

08 Sep 2023 CW Team

Bharat Mumbai Container Terminals Pvt Ltd (BMCT), a facility operated by PSA International Pte Ltd at the state-owned Jawaharlal Nehru Port (JN Port), has reported a significant milestone. In the month of August, BMCT achieved an unprecedented feat by handling a record-breaking 194,708 twenty-foot equivalent units (TEUs). This remarkable accomplishment stands as the highest monthly container throughput ever recorded by a single terminal at JN Port, surpassing the previous record of 190,709 TEUs established in January 2018.

A twenty-foot equivalent unit (TEU) serves as the standardized measure of container capacity and is widely used in the container shipping industry. BMCT, also known as PSA Mumbai, operates as one of the five container terminals within JN Port. Since its commencement of operations in February 2018, PSA Mumbai has consistently demonstrated exceptional performance, amassing a cumulative volume of 6 million TEUs to date. The terminal boasts a substantial capacity, with the capability to handle up to 2.4 million TEUs.

This remarkable achievement underscores BMCT's dedication to efficient and effective operations, solidifying its pivotal role in the region's container trade. Additionally, it reinforces JN Port's standing as a critical hub within India's maritime and logistics landscape.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..