GHIAL Acquires Full Stake in ESR GMR Logistics Park

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GHIAL Acquires 100% of ESR GMR Logistics Park to Expand Aerotropolis Strategy

GMR Airports has tightened its grip on Hyderabad’s airport-driven growth story. Through its subsidiary, GMR Hyderabad International Airport Ltd (GHIAL), the group is acquiring the remaining 70% in ESR GMR Logistics Park, making the warehousing venture a wholly owned arm of its aerotropolis ecosystem.

From Minority Stake to Full Ownership

GHIAL’s development subsidiary, GMR Hyderabad Aerotropolis, already held a 30% stake in ESR GMR Logistics Park Private Ltd (EGLPPL). With this new ₹41 crore acquisition agreement, GHIAL will own 100% of EGLPPL, strengthening its footprint in the airport-linked logistics and warehousing segment.

Inside the ESR GMR Logistics Park

Key Infrastructure and Regional Impact

EGLPPL is strategically positioned to serve Hyderabad’s fast-growing logistics sector. Situated near Rajiv Gandhi International Airport, the park offers seamless multimodal connectivity and is set to serve both cargo and last-mile e-commerce players.

Warehousing as a Growth Lever for Hyderabad SEZ

This deal complements GHIAL’s broader SEZ and land monetization strategy. The logistics park will support warehousing demand from pharma, auto, and FMCG players leveraging the airport’s cargo facilities.

GMR’s Vision: Airport-Led Urban Transformation

The acquisition fits within GMR’s integrated development framework—which spans warehousing, hospitality, office spaces, and education zones—forming a full-fledged aerotropolis around Hyderabad airport. This enhances economic activity and job creation in the region.

Building an Integrated Logistics Ecosystem Around GHIAL

With full ownership of EGLPPL, GHIAL gains greater operational flexibility and strategic control over one of Hyderabad’s key logistics infrastructure assets. As India’s airport-led urban models evolve, this acquisition reinforces GMR’s long-term vision of creating connected, self-sustained logistics and commercial zones anchored by major transport hubs.

DBS Extends $150M to Adani Ports Amid Recovery From DOJ Setback

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Adani Ports Secures $150M Loan from DBS Amid Lender Confidence Revival

In a key move to regain international lender trust, Adani Ports & Special Economic Zone has locked in a $150 million bilateral loan with Singapore-based DBS Group. The four-year facility is the conglomerate’s first direct funding deal with a global bank since facing a US DOJ indictment last year.

Strategic Bilateral Deal with DBS Group Signals Rebound

The deal marks a turning point for the Gautam Adani-led infrastructure group, which has faced intense scrutiny since being indicted by the US Department of Justice in late 2024 over an alleged bribery case. The loan signals renewed confidence from international creditors, according to people close to the matter.

Loan Structure, Pricing & Capital Deployment Plan

SOFR Benchmark and Hedged Rate Explained

The four-year facility is priced at around 200 basis points above the benchmark Secured Overnight Financing Rate (SOFR). With hedging, the total interest cost is estimated at approximately 5.5%—a competitive rate given the group’s recent reputational challenges.

Four-Year Tenure Targeted at Capex Requirements

Proceeds from the facility will be used to fund capital expenditures across Adani Ports’ SEZ developments. The transaction reflects a cautiously optimistic shift in lender sentiment toward the group’s infrastructure assets and growth plans.

Adani Group’s Recent Financing Activity

Bond Deal, Airport Loan Talks, and Foreign Investor Interest

Just last month, Adani raised $750 million via offshore private bonds, with BlackRock subscribing to nearly a third of the issuance. In parallel, the group is negotiating a $750 million loan for its airport vertical with Barclays, First Abu Dhabi Bank, and Standard Chartered.

DOJ Indictment, Diplomatic Engagement & Legal Outlook

Bloomberg reports suggest Adani representatives have recently met US officials to discuss the possibility of resolving or dismissing the criminal charges stemming from the DOJ’s bribery investigation. While the legal proceedings remain unresolved, the group’s ability to attract global capital indicates that investor confidence may be stabilising.

Global Lending Channels Reopen for Adani Group

With DBS stepping up, Adani Ports appears to be opening a new chapter—one focused on rebuilding trust, securing capital for expansion, and regaining its financial credibility on the world stage. Whether this marks the beginning of broader lender re-engagement remains to be seen, but the signal is clear: global money is watching—and cautiously returning.

Vadhavan Port to Surpass JNPA in Size and Scale

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India’s Largest Container Port to Rise in Palghar: Inside the Vadhavan Project

India is preparing to rewrite the rules of global maritime trade. The upcoming Vadhavan Port in Palghar, Maharashtra, is poised to become the country’s largest container port—three times bigger than JNPA—ushering in a new era of infrastructure-led economic transformation.

Vadhavan Port: The Next Global Maritime Gateway

Located just 140 km north of Mumbai along the Maharashtra-Gujarat border, the Vadhavan Port is a greenfield project designed to rival the world’s busiest terminals. The port will be built at a cost of ₹76,220 crore and is expected to rank among the top 10 ports globally.

Funding, Partners, and Infrastructure Scope

SPV Formation and PPP Model

The Vadhavan Port Project Ltd (VPPL) has been formed as a special purpose vehicle (SPV) by the Jawaharlal Nehru Port Authority (74% stake) and the Maharashtra Maritime Board (26%). The project will be executed via a public-private partnership model to develop container terminals, liquid cargo berths, multipurpose docks, and coastal infrastructure.

Berths, Terminals, and Connectivity Plans

  • Nine container terminals, each 1,000 meters in length
  • Four multipurpose berths and four liquid cargo docks
  • A Ro-Ro berth and a dedicated Coast Guard facility
  • Road connectivity to national highways and the DFC rail network

Air and Surface Connectivity Masterplan

The Maharashtra Airport Development Company (MADC) is conducting a pre-feasibility study to build a greenfield airport near Vadhavan. Meanwhile, road and rail infrastructure upgrades will enable seamless freight integration with India’s existing logistics corridors.

Mumbai’s $1.5 Trillion Economic Vision by 2045

Maharashtra Chief Minister Devendra Fadnavis has projected the Vadhavan Port as a catalyst in Mumbai’s transformation into a $1.5 trillion economy. Speaking to Indian Foreign Service officers, he unveiled parallel megaprojects including:

Edu City, Innovation City, Knowledge City Explained

  • Edu City: 200 acres, hosting 12 global universities and 1 lakh students
  • Innovation City: 300 acres focused on tech development and startup ecosystems
  • Knowledge City: 1,000 acres for research, AI, and digital leadership

Policy Diplomacy and Maharashtra’s Global Footprint

During the interaction, Fadnavis emphasized Maharashtra’s evolving role in foreign policy, international investment, and its contribution to India's vision of becoming a developed nation by 2047.

Conclusion: India’s New Logistics Capital Takes Shape

The Vadhavan Port is more than just another mega-port—it's a gateway to a new economic geography. With cutting-edge maritime infrastructure, seamless connectivity, and a bold educational-industrial ecosystem, Palghar is poised to become the western anchor of India’s $5 trillion future.

NVOCC Pitt Ohio Open Maritime Terminal in Norfolk Virginia

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ess-than-truckload carrier Pitt Ohio in a official announcement that it has opened 15,000 ft.² facility with 37 door Cross-Dock maritime terminal near port of norfolk. The facility is 10 miles (16 km) from the port. 




The facility is hazmat certified and can provide transportation and consolidation services to the customers. It can also handle overweight container, as well as flatbed loads.

“[The terminal’s] strategic location, near the Port of Norfolk and our Richmond LTL terminal, offers an unparalleled advantage by facilitating seamless integration between maritime, inland transport, and warehousing,” said Chuck Hammel, IV, Pitt Ohio vice president of supply chain, in a news release.
“This synergy significantly reduces transit times and enhances overall supply chain efficiency, yielding substantial cost savings for our customers annually.”

As per the official announcement, the location will be served by Pitt Ohio’s privately owned chassis fleet

Stord Acquires Ware2Go From UPS in Fulfillment Deal

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Stord Acquires Ware2Go from UPS, Gains 21 Warehouses and Expands U.S. Fulfillment Power

In a bold move to expand its logistics footprint and accelerate market penetration, Stord has acquired Ware2Go, the on-demand fulfillment network previously owned by UPS. The acquisition gives Stord an additional 21 e-commerce warehouses and 2.5 million square feet of capacity, reinforcing its position as a leader in omnichannel fulfillment and logistics technology.

A Strategic Logistics Pivot: UPS Divests, Stord Scales Up

Founded in 2018 by UPS, Ware2Go helped merchants optimize last-mile delivery by positioning inventory closer to end customers. Its sale comes amid UPS’s broader strategy to streamline operations and concentrate on core parcel and supply chain services. For Stord, it’s a timely opportunity to integrate assets and broaden its fulfillment-as-a-service ecosystem.

Ware2Go: From UPS Startup to Strategic Fulfillment Asset

Capabilities, Footprint, and E-Commerce Reach

Ware2Go offers direct-to-consumer shipping, Amazon Prime seller fulfillment, and retail-compliant B2B logistics. The network's modular warehouse allocation model helps businesses scale up quickly. Now under Stord’s umbrella, those features will be upgraded with integrated warehouse management and order routing technologies.

Stord’s Tech-Enabled Omnichannel Vision Gets a Boost

Software + Fulfillment: Full-Stack Control for Retailers

Stord’s technology suite manages over $6 billion in transactions annually, offering warehouse management, parcel tracking, and real-time order visibility. The Ware2Go acquisition allows Stord to deploy this stack across more U.S. regions while strengthening ties with UPS’s last-mile capabilities.

Market Context: Why This Deal Matters in 2025

With over $200 million in new Series E funding and a post-deal valuation of $1.5 billion, Stord is aggressively consolidating its hold on the fragmented fulfillment space. The deal follows recent acquisitions of ProPack, Pitney Bowes’s e-commerce division, and Fulfillment Works. Combined, these assets allow Stord to serve high-growth DTC brands demanding fast, reliable, tech-driven logistics.

Conclusion: Stord–UPS Partnership Strengthens as Ecosystem Realigns

As UPS doubles down on its core, Stord steps in to expand innovation at the edge of fulfillment. The companies remain partners, with UPS continuing to serve Stord customers while focusing on delivery excellence. For Stord, the road ahead is paved with scale, synergy, and a software-first mindset reshaping how e-commerce brands reach their customers.

Adani, JSW Infra Invest ₹29,500 Cr in Logistics Push

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Adani Ports and JSW Infra Place ₹29,500 Cr Bet on Integrated Logistics to Drive Future Growth

India’s top private port operators—Adani Ports and JSW Infrastructure—are going all-in on integrated logistics. With port assets becoming harder to acquire and customer expectations rising, both companies are committing a combined ₹29,500 crore to build out end-to-end multimodal capabilities and transform cargo movement from port to door.

Strategic Shift Toward End-to-End Transport Ecosystems

Faced with saturated port capacity and rising competition, Adani and JSW Infra are repositioning as full-scale logistics and transport infrastructure providers. This involves integrating first-mile and last-mile services, warehousing, multimodal terminals, and tech-enabled freight solutions under a single customer-facing platform.

Adani Ports: From Port Operator to Transport Utility

Asset Base and Financials: FY25 Snapshot

Adani Ports and Special Economic Zone (APSEZ) recorded ₹2,881 crore in logistics revenue in FY25—a 38.6% year-on-year rise—with ₹642 crore in EBITDA. However, margins slipped to 22% from 26% in FY24. Trucking revenue touched ₹428 crore and is projected to triple by FY26.

₹20,000 Cr Capex Fuels Multi-Asset Expansion Plan

APSEZ’s logistics fleet now spans 132 rakes, 12 MMLPs, over 3 million sq. ft. of warehousing, 6,000+ containers, and 937 trailers. With 18,250 hectares of industrial land under its belt, it plans to invest ₹20,000–₹20,500 crore through FY30 into logistics assets including agri-silos and supply chain automation.

JSW Infrastructure: Inorganic Growth Through Acquisitions and Terminals

Navkar Deal, GCTs, and Morbi–Panvel Industrial Plays

JSW Infra acquired a majority stake in Navkar Corporation for ₹1,644 crore and plans to build 15–20 Gati Shakti Cargo Terminals over five years. FY25 logistics revenue stood at ₹250 crore with ₹41 crore EBITDA. The company targets ₹8,000 crore in logistics revenue and a 25% EBITDA margin by FY30, powered by ₹9,000 crore in capital expenditure.

Outlook, Risks, and the Road to FY30

Analysts caution that logistics margins are thinner compared to port operations, posing profitability challenges. Still, integrated service offerings across ports, land transport, and storage may create defensible customer value. Both companies are betting that this ecosystem model will yield market share gains and operational leverage as India’s manufacturing and trade volumes expand.

Conclusion: Logistics Integration Key to India’s Port Profitability Reinvention

Adani Ports and JSW Infra are no longer just port operators—they’re becoming logistics infrastructure ecosystems. Their ₹29,500 crore play into rakes, warehouses, GCTs, and tech is not just a vertical integration bet, but a reinvention o

Lithuania Commissions LNS Lokys Tugboat at Klaipėda

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Lithuanian Navy Commissions Damen-Built Tugboat LNS Lokys to Boost Maritime Support and Safety

In a historic milestone for Lithuania’s naval capabilities, the LNS H–24 Lokys, a state-of-the-art harbor tugboat, has officially joined the Lithuanian Navy. Commissioned at Klaipėda Cruise Ship Terminal, the vessel represents the country’s first brand-new, custom-built naval asset—marking a new era of maritime strength and self-reliance.

Historic First for Lithuania: A Purpose-Built Naval Tug Joins the Fleet

The LNS Lokys is named after the Lithuanian word for bear and will operate under the Naval Flotilla Command. The vessel has been designed for a full range of port duties and naval support missions, providing crucial assistance for both national and NATO vessels visiting Klaipėda Port.

Vessel Specs and Capabilities: Meet the H–24 Lokys

Performance, Functions, and Strategic Role in NATO Port Operations

  • Type: ASD 3010-class harbor tugboat
  • Length: ~30 meters
  • Beam: 12 meters
  • Speed: Up to 13 knots
  • Capacity: 300 tons
  • Crew: 8 personnel
  • Functions: Tug support, rescue, firefighting, pollution control, port safety

Construction Timeline and Partnership with Damen Shipyards

The Lithuanian Ministry of National Defense signed a €10.8 million contract with Damen Shipyards in August 2024. The tugboat was delivered in under 9 months—tailored to Lithuanian Navy specifications in collaboration with naval engineering advisors from the outset.

Remarks from Navy and Government Leadership

“We must dedicate due attention and resources to the Lithuanian Navy,” said Vice Minister of Defense Karolis Aleksa. “This vessel is just one example of how we’re developing our maritime defense posture to match modern threats.”

Rear Admiral Giedrius Premeneckas added, “It’s the first time in our Navy’s history that we receive a fully new vessel, designed to our requirements from the ground up.”

Looking Ahead: New Attack Craft and Patrol Ship Acquisitions Underway

The commissioning of Lokys is part of a broader naval modernization. Lithuania has contracted Marine Alutech of Finland to deliver two Watercat M18-based attack craft and is exploring procurement of advanced multirole patrol ships to reinforce coastal and territorial water defense.

Lithuania’s Maritime Defense Posture Enters a New Era

With the LNS Lokys entering service, Lithuania marks a strategic turning point in national defense readiness. Purpose-built, NATO-compatible, and backed by sovereign procurement—this tugboat is not just a workhorse, but a symbol of growing naval ambition in the Baltic Sea region.