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“Financial management a challenge in rental industry.”

Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

Financial management a challenge in rental industry

Premier Heavy Lift (PHL) stands as a leading force in the heavy lifts and transportation sector, marked by excellence in quality, safety, and innovative practices under the leadership of Anil Chaudhary, Som Dutt Sharma and Capt Sandeep Anand. Since its inception with merely two cranes, PHL has evolved dramatically, boasting a fleet of over 360 equipment units valued at more than Rs 900 crore. Siddharth Sharma, Director, Premier Heavy Lift, speaks on the current landscape of the construction equipment rental market in India.

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

Allcargo augments growth in Africa

Allcargo Logistics has taken giant strides to accelerate growth across Africa’s vast logistics ecosystem.

Gati appoints Shashi Kiran Shetty as Chairman

Express logistics company Gati has appointed Allcargo CMD Shashi Kiran Shetty its Chairman in a move that will expedite its turnaround in a big way

Allcargo Logistics reaches out to COVID-19 affected in Tamil Nadu

Allcargo Logistics has been involved in a number of welfare initiatives to support communities and healthcare fraternity at a time when the country is witnessing unprecedented times.

Allcargo Logistics collaborates on multiple initiatives against COVID 19

Allcargo Logistics joined the fight against the COVID 19 pandemic by contributing to the Chief Minister?s Relief Fund in Maharashtra and supporting various initiatives to help migrant labourers, daily-wage earners as well as doctors and paramedics who are on duty.

Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

Avvashya CCI Logistics starts operations at Bhiwandi warehouse

Avvashya CCI Logistics (ACCI), a subsidiary company of Allcargo Logistics Ltd, started operations at its new warehouse in Bhiwandi. The state-of-the-art warehouse is located at the Renaissance Logistics Park, WB-09 Bhiwandi. A part of the warehouse, up to 2500 pallet position, is dedicated for Clariant, a multinational specialty chemicals company and rest for other customers.

Wind power, Metro and refineries will spur demand

At present, demand for cranes is mixed. The cranes which are engaged with RIL Jamnagar for the past 2-3 years are gradually de-hiring and majority of them are getting engaged in windmill segment. Demand from other segments like thermal power, steel, cement, infrastructure, refinery etc is subdued.

Allcargo Logistics receives Logistics Award

Allcargo Logistics Ltd was felicitated with the ?Logistics Award? at Lloyd?s List Asia Awards 2016, one of the most coveted awards in the Asian shipping and logistics industry. The Lloyd?s List Award series recognises the industry?s successes, setting a benchmark for excellence while rewarding innovative ideas and concepts that have pushed the boundaries of what is possible.

A professional entrepreneur

As a pioneer and a professional entrepreneur, Shashi Kiran Shetty has redefined the Indian logistics landscape.

New role & responsibilities

Prakash Tulsiani recently joined Allcargo Logistics as the Chief Operating Officer and Executive Director (Operations).

A strong leader

BALAJI V, CEO, Allcargo Logistics, is a Graduate from Chennai University with specialisation in logistics and supply chain from IIM, Bangalore.

An able leader

Capt. Ashok Shrivastava heads the Ship Owning & Chartering division at Allcargo Logistics. A Master Mariner by profession, he has over eight years of command experience on foreign flag vessels.

OEMs should introduce more fuel-efficient engines

It is a challenge to get and sustain drivers, and more difficult to get highly skilled drivers. Having skilled drivers are advantageous as it helps save fuel and reduce accidents.

Heavy Lift for IOCL Refinery

Allcargo successfully completed major heavy lifts for Indian Oil Corporation?s (IOCL) refinery at Paradip in Odisha.The projectHeavy lifts for IOCL refinery at Paradip, Odisha. One of critical job was to erect a 1,200 tonne vessel of 144 ft length and various other heavy lifts. The project mandate was to erect a 1,200T vessel of 144 ft in length and various other heavy lifts.

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