Monthly Archives: January, 2021

OOIL announces plans to issue New Shares on the Market

HONG KONG: Orient Overseas (International) Limited (“OOIL”) is pleased to report that the company has entered into a Placing and Subscription Agreement with Faulkner...

Last mile connectivity & feeder routes of DFCs should be completed simultaneously: Goyal

Mr Piyush Goyal, Minister for Railways and Commerce & Industry, this week again reviewed the progress of various sections under completion of the Dedicated...

Sri Lanka to invite investors for BOT port warehouse complex

Sri Lanka’s Minister of Ports and Shipping was given the go ahead to call investors to build a warehouse in the capital Colombo on...

Hapag-Lloyd significantly improves operating result in 2020

HAMBURG: On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest, taxes, depreciation and amortisation (EBITDA) for the 2020 financial year increased to more...

India seen as fastest growing economy in FY22: IMF

NEW DELHI: India’s economy is expected to bounce back strongly in the next fiscal year with 11.5% growth, the International Monetary Fund (IMF) said...

JNPT Celebrates 72nd Republic Day with Great Enthusiasm

NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port celebrated India’s 72nd Republic Day with fervor and passion, following all the preventive...

Support & initiatives for Export-Import will raise volumes – Prem Kishan Gupta, C&MD – GDL

NEW DELHI: Mr. Prem Kishan Dass Gupta, C&MD - Gateway Distriparks Ltd., in his budget expectation has opined that, “The year 2020 has disrupted and challenged...

BIMCO publishes Sanctions Clause for the container trade

A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container...

Indian Logistics and Supply Chain Trends 2021 by Aditya Vazirani, CEO – Robinsons Global Logistics Solutions

MUMBAI: The pandemic and the lockdown that lasted for major part of 2020, proved to be testing times for various businesses including the logistics...

Wan Hai orders 50,000 containers amid shortage

Wan Hai Lines Ltd has purchased 50,000 twenty-foot equivalent unit containers from China International Marine Containers Ltd (CIMC, at a cost of US$141.73 million...

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