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Kakinada (then known as Cocanada) was a significant port in the Godavari district during the British colonial period. In early 20th century, it served as a crucial centre for trade, facilitating commerce within the district, its neighboring regions to the north and south, and an extensive hinterland that included parts of the Nizam's Dominions.
View of Kakinada port from Beach. The state's ports handled 73 million tons of cargo in financial year 2015–16. [3] The state of Andhra Pradesh is the second maritime state (after Gujarat) in terms of cargo handled by Non-Major Ports and the third maritime state (after Gujarat and Maharashtra) in terms of overall cargo handled including Visakhapatnam port trust .
According to Constitution of India, maritime transport is to be administered by both the Central and the State governments. While the central government's shipping ministry administers the major ports, the minor and intermediate ports are administered by the relevant departments or ministries in the nine coastal states of Andhra Pradesh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Odisha ...
It is home to two ports namely, an Anchorage port and a Deep-water port (and also third port is going to be constructed in KSEZ which will be Greenfield Seaport ). [62] Kakinada's deep-water port is the second-largest in the state (after Visakhapatnam port) and the first in the country to be built in a public-private partnership , in 1996 It is ...
Pathway Capital Management (Pathway) is an American private markets firm headquartered in Irvine California. The majority of the firm's assets are in private fund of funds strategies for institutional investors. [2] In 2020, Preqin ranked the firm as the fifth-largest fund of funds globally with $62 billion in assets under management. [3]
Krishnapatnam Port popularly known as KPCL is a privately built and owned all weather, deep water port on the east coast of India, located in the Nellore District of Andhra Pradesh. It is located about 190 km north of the Chennai Port and 18 km east of the city of Nellore .
In February 2014, Hopu led a consortium to arrange a private placement of $2.1 billion in new shares issued by GLP’s China operation. [10] In July 2017, Hopu led a consortium of investors including Hillhouse Investment, Vanke and Bank of China bought won a bid to take GLP private by buyout. The deal worth $11.6 billion was the largest private ...
Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, part of Adani Group. [9] [10] APSEZ is India's largest private port operator with a network of 12 ports and terminals, including India's first port-based SEZ at Mundra and the first deep water transshipment port at Thiruvananthapuram.