COPENHAGEN : The world’s biggest container shipping company, A.P. Moller-Maersk (MAERSK.CO), on Monday lifted its full-year earnings outlook after reporting strong preliminary quarterly results as chaotic conditions in the global supply chain pushed freight rates
GANDHIDHAM : Deendayal Port Trust inaugurated Server Room and Training Hall at Kandla & initiates User Acceptance Test for the ERP Project, as part of ‘Ease of Doing Business Initiative’ of Govt. of India.
MUMBAI : Cargo handling terminals at Centre-owned major ports will be privatised through the public-private-partnership (PPP) route under three broad categories – oil, clean cargo including containers and bulk – departing from the current
GENEVA : A two-day Global Shipping Roundtable event to combat illegal wildlife and timber trade in containerized shipping brought together attendees representing 39 private shipping lines, freight forwarding companies and port operators, 18 public sector
BENGALURU : The South Western Railway (SWR) transported a record 14 million tonnes of essential freight, including cement, coal, iron ore, and fertilisers from April to July of this fiscal, a zonal official said . “We
When national lockdowns stopped or slowed the flow of goods, the generally efficient maritime shipping industry suddenly had to contend with numerous challenges and supply chain disruptions became common. While the proximate causes varied,
The logistics startup, backed by marquee investors such as Carlyle, Softbank, and Tiger Global Management has sealed the $200 million deal to acquire a 100% stake in the rival logistics player IPO-bound Delhivery has
HCMC’s Cat Lai Terminal will not accept certain cargoes until August 16 since containers have piled up and there is little space left, its operator said. Saigon New Port Corporation said it has stopped
Taipei : The first of 50 new intercity express trains ordered by the Taiwan Railways Administration (TRA) arrived at Hualien Port from Japan recently and could enter service on the east coast line by
MUMBAI : Allcargo Logistics, the country’s largest integrated logistics player in the private sector,on Friday announced its second large overseas acquisition snapping up a 65 per cent ownership in a USD 44 million joint