ESR India to invest around Rs 300 crore on industrial and logistics park in Gujarat
NEW DELHI : ESR India will invest about Rs 300 crore to develop an industrial and logistics park in Gujarat as part of its expansion plan. ESR is a leading industrial and logistics real estate platform
12 crew rescued as cargo ship M V Kanchan sinks off Gujarat coast
AHMEDBAD : A river sea vessel, M V Kanchan, sunk seven nautical miles west off Umargam in Gujarat on Wednesday night. It was going from Hazira to Mangalore port and the engines failed. Director
GIFT City collaborates with TASK Staffing for talent management
NEW DELHI : Country”s first International Financial Services Centre (IFSC), GIFT City on Thursday said it has joined hands with TASK Staffing Solutions for talent management in the field of international financial services. TASK
1,000 shrimp containers stuck in Chinese ports, half of them from Andhra Pradesh
VIJAYAWADA : Anywhere between 1,000 to 1,200 containers of shrimp exported from India are now stranded in the Chinese ports, locking up monetary transactions worth Rs 1,200 crore approximately. Reason: China suspects coronavirus traces on the
17 Days at Sea – what does it mean for a Crew?
Captain Piotr Orzolek is master of Hapag-Lloyd’s “Tsingtao Express”. The vessel is sailing in the IOS (Indian Ocean) service and sometimes spends 17 days at sea without berthing in a port. He has been
Pakistan’s first company joins TradeLens
Al-Hamd International Container Terminal (AICT) has been the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics. TradeLens is an open and neutral industry platform developed by Maersk and
Maersk changes the logistics landscape in Bulgaria and launches intermodal weekly service connecting Burgas to Plovdiv and Sofia.
Sofia, Cargo transport in Bulgaria is highly dominated by road. In the mid-2000s, railways remained a major mode of freight transportation, but with increasing problems with the maintenance of the infrastructure and lowering speeds, highways
Rotterdam freight volumes rise led by Iron and Coal
ROTTERDAM : Freight volumes in the port of Rotterdam rose 5.8% on a yearly basis in the first half of 2021, as international trade recovered from its coronavirus slump, Europe’s largest port said on