Citibank becomes first US bank to set up unit in IFSC at GIFT City
AHMEDABAD : Citibank, which is headquartered in the USA and has a strong international presence, on Monday received a license from the IFSC Authority to set up its
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
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,
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
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
DP World Yarimca and P&O Ferrymasters team up to deliver vital supplies to frontline areas batt
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
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
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.
MOL and DSME succeed in Demonstration test of “Cryo-Powered Regas” System for FSRU- Redu
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
SpiceJet to pursue separate AOC for cargo unit
NEW DELHI : Minister of Civil Aviation VK Singh has said that SpiceXpress & Logistics, the cargo division of SpiceJet (SG, Delhi Int’l), is among four companies that have applied for