Cabinet sweetens SCI privatisation deal by approving subsidy for fleet owners
MUMBAI : The roll out of a Cupboard-backed subsidy scheme for native transport corporations will sweeten the deal for the privatisation of Delivery Company of India Ltd (SCI) and assist increase the valuation of
MSC sets increased prices from Asia to Antwerp and Valencia
GENEVA : Mediterranean Shipping Company (MSC) has announced new rates from Sri Lanka, India and Pakistan to two of the most important European hubs, the ports of Antwerp and Valencia. The Swiss container carrier
Maersk said to be eyeing up to a dozen 15,000TEU ships
COPENHAGEN : Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to reports from South Korea. The price of each
Adani Airport Holdings Limited (AAHL) takes management control of Mumbai International Airport from the GVK Group
AAHL is now India’s largest airport infrastructure company, accounting for 25% airport footfalls. AAHL will now also control 33% of India’s air cargo traffic. AAHL will cater to a 300-million-strong post-pandemic consumer base comprising
Ashwini Vaishnaw reviews delayed bullet train project
NEW DELHI : Union Railways Minister Ashwini Vaishnaw has reviewed the Ahmedabad-Mumbai bullet train project that has faced several delays due to the slow pace of land acquisition and the Covid-19 pandemic, people familiar
APEDA inks MoU with NAFED for strengthening export linkage of Farmer Cooperatives & FPOs
NEW DELHI : For harnessing exports potential of agricultural and processed food products of cooperatives as well Farmer Producer Organizations (FPOs), the Agricultural and Processed Food Products Export Development Authority (APEDA) recently signed Memorandum
Container congestion registered in every corner of the planet
COPENHAGEN : The state of global container congestion continues to roil supply chains right across the world. Exclusive data from maritime intelligence service eeSea shows the world’s most congested box spots, ranking all ports
Essar Shipping says two handysize vessels engaged in exporting rice to Bangladesh from India post bilateral deal
Essar Shipping Ltd, part of Essar Global Fund Ltd’s services and technology portfolio, has said two of its handysize vessels ‘Tvisha’ and ‘Tuhina’ weighing 13,000 DWT, have been engaged in exports of rice from