Xander looks east for warehousing investment acquires logistics park
SINGAPORE : Xander Group Inc., a Singapore-based alternative investment company, has acquired a 31-acre logistics park in Bagnan, located in West Bengal’s Howrah district, in its first warehousing investment in eastern India as regional
APM Terminals advises customers to prioritise COVID relief material in transit
MUMBAI : APM Terminals Pipavav has advised its customers to prioritise all COVID relief material in transit to facilitate the transportation of such consignments at the earliest, the private port operator said on Monday.
JNPT and New Mangalore Port handle 120 Metric Tonnes of Oxygen on priority basis
NEW DELHI : JNPT and New Mangalore Port handled 120 Metric Tonnes of Medical Oxygen on priority basis. India’s largest Container Port, Jawahrlal Nehru Port Trust handled four medical-grade oxygen filled cryogenic containers with
Two more naval ships arrive at NMPT with medical aid from Kuwait
MANGALURU : NMPT on Tuesday handled two more navy vessels ‘INS Kochi and INS Tabar’ by berthing them simultaneously. The navy vessel INS Kochi carried 03 nos liquid oxygen filled ISO containers of net weight
Another ‘New Normal’ as Container Rollover Rates Increase
PORT KLANG : In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At ANL’s parent a remarkable 56% of containers were rolled over last
European container carriers increase charges worldwide
HAMBURG : Three of the largest container lines in the world have announced a substantial number of rate increases to be implemented later in May and in early in June. One of the lines,
IATA: Cargo demand at “all time high” but capacity is yet to recover
MONTREAL : Air cargo volumes in March reached an all-time high for the month, according to IATA in its latest air cargo analysis. The association said that global air cargo demand, measured in cargo-tonne
CBIC allows import, export of goods without furnishing Customs bond
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday allowed businesses to import and export goods without furnishing bonds to the Customs authorities until June-end, a move aimed at