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Share acquisition in J M Baxi Ports & Logistics Limited successfully concluded

Hapag-Lloyd successfully completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority.

Wilhelmshaven , Niedersachsen , Germany , Altenwerder , Hamburg , Chile , India , Egypt , Damietta , Dumyat , Spinelli-group

Hapag-Lloyd Grows Terminal Ops Acquiring Shares in India's J M Baxi

Hapag-Lloyd is acquiring a substantial stake in J M Baxi Ports & Logistics, a leading private terminal and inland transport service provider in India....

Germany , Hamburg , India , Egypt , Chile , Damietta , Dumyat , Tuticorin , Tamil-nadu , Altenwerder , German , Jm-baxi

Hapag-Lloyd Grows Terminal Ops Acquiring Shares in India's J M Baxi

Hapag-Lloyd is acquiring a substantial stake in J M Baxi Ports & Logistics, a leading private terminal and inland transport service provider in India....

Germany , Hamburg , India , Egypt , Chile , Damietta , Dumyat , Tuticorin , Tamil-nadu , Altenwerder , German , Jm-baxi

Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited

Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate.

Hamburg , Germany , Chile , Tuticorin , Tamil-nadu , India , Damietta , Dumyat , Egypt , Altenwerder , Nhava-sheva , Rolf-habben-jansen

Round The Coast to start short sea service in Kerala - The Hindu BusinessLine

Round The Coast to start short sea service in Kerala
May 25, 2021
Container vessel will link Cochin, Beypore, Azhikal ports, and later Kollam; trains will also be used
Round The Coast Pvt Ltd, of the JM Baxi group, will start a short sea container shipping service in mid-June linking Cochin Port (Vallarpadam), Beypore and Azhikal in Kerala.
Round The Coast is a new venture promoted by Mumbai-based logistics conglomerate JM Baxi group.
The Kerala short sea transport service named ‘Green Freight Corridor-2’ will be run with a 106 TEU capacity vessel, Kiran Nandre, Chief Executive Officer, Round The Coast told
BusinessLine. Kollam port will be added to the network later. The end-to-end service will use an optimum combination of coastal and train with the first and last mile connectivity managed with tractor trailers.

Kollam , Kerala , India , Beypore , Mumbai , Maharashtra , Kandla , Gujarat , Azhikal , Kiran-nandre , Daurai-ajmer , Coast-pvt-ltd

Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore

Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore
February 23, 2021
International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam
International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam×
The logistics firm will use investment to pare debt, fund expansion
The US-based Bain Capital Private Equity has invested about ₹1,500 crore for a 30 per cent stake in International Cargo Terminals and Infrastructure Pvt Ltd, a unit of Mumbai-based JM Baxi Group, in one of the largest deals in the Indian port logistics business.

Haldia , West-bengal , India , Paradip , Orissa , Sonepat , Haryana , Mundra , Madhya-pradesh , Visakhapatnam , Andhra-pradesh , Rozi