JSW Infrastructure to hire bankers for IPO : Arun Maheshwari , Joint MD and CEO
MUMBAI : JSW Infrastructure Ltd, the port unit of Sajjan Jindal-led JSW Group, has started the process of hiring investment bankers for an initial public offering of shares as it looks to raise capacity
V.O.C. Port sets a record by unloading 57,090 Tonnes of Coal in 24 hours
NEW DELHI : On 15.08.2021, the V.O. Chidambaranar Port created a new record by unloading 57,090 Tonnes of Coal in 24 hours, at Berth No.9 from the vessel, ‘M.V. Star Laura, surpassing the earlier
China Port Congestion Worsens as Ningbo Shuts for Seventh Day
NINGBO : The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert away from Ningbo amid uncertainty over how long virus control measures in the city
Successful real-world trial of BOXBAY high bay storage system completed
63,000 container moves carried out at full-size proof of concept installation in Jebel Ali Port Data gathered shows BOXBAY is even more efficient than anticipated Innovative technology makes possible dramatic improvements to the efficiency
DP World Yarimca and P&O Ferrymasters team up to deliver vital supplies to frontline areas battling fires
DP World Yarimca and P&O Ferrymasters team up to deliver vital supplies to frontline areas battling fires DUBAI : A global logistics firm is working with partners and local government agencies to deliver vital
Maersk and CMA CGM apply PSS to Australia
COPENHAGEN : Two of the largest European shipping companies, Maersk and CMA CGM, will introduce new Peak Season Surcharges (PSS) for sailings with destinations to Australia, that will be effective from August and September.
DB Schenker calls for temperance in purchase speculations
DB Schenker urges temperance in the discussion regarding a sale after DSV stated plainly on Monday that the logistics company views DB Schenker as a possible acquisition candidate. “DSV’s hunger for acquisitions is well
MOL and DSME succeed in Demonstration test of “Cryo-Powered Regas” System for FSRU- Reducing FSRU CO2 emissions by 50% –
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; head office:; President & CEO: Takeshi Hashimoto) and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME; head office: Geoje, Korea; President & CEO: Sung Geun Lee) have