Hapag-Lloyd’s profit skyrockets to US$6.7 billion in first nine months
HAMBURG : Hapag-Lloyd‘s profit skyrockets to US$6.7 billion ,it has concluded the first nine months of 2021 with an EBITDA of US$8.2 billion, while the EBIT was also much higher than in the prior-year
JNPT is set to connect with other Indian ports through its new Coastal Berth
MUMBAI : The Jawaharlal Nehru Port Trust is ready to connect with other Indian ports as well as boost coastal container traffic of the country through its newly constructed Coastal Berth. According to the
Adani Ports’ self-imposed cargo decision will impact trade : Govt
MUMBAI : The Customs Department has asked Adani Ports and Special Economic Zone (APSEZ) to “re-examine” its decision to stop handling export-import (EXIM) containerised cargo originating from Iran, Afghanistan and Pakistan at its ports
Record Number of Cruise Ships Scrapped at Alang in the Past 12 Months
The demolition yards at Alang, India received a record number of cruise and passenger ships in the past 12 months. While none of the major cruise brands have sent one of their ships directly
India-Myanmar road project nearing completion, says Mizoram Governor
NEW DELHI : Mizoram Governor Hari Babu Kambhampati has said construction of the 87-km stretch of a cross border road between the state’s Lawngtlai town and neighbouring Myanmar’s Sittwe Port is nearing completion. The
Anti-dumping duty slapped on silica import from China
NEW DELHI : India has imposed anti-dumping duty on untreated fumed silica, used in the production of pharmaceuticals, cosmetics, dyes and food additives, for five years to offset the impact on domestic industry from dumped imports
India continuing smaller share in International shipping
AHMEDABAD : India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in the international shipping sector, according to
MSC invests to ease supply chain “Crunch” for customers : Soren Toft
GENEVA : Mediterranean Shipping Company (MSC), a global leader in transportation and logistics, is continuing to invest in ships and services to help clients tackle global supply chain disruption, said CEO Soren Toft. MSC