Distinctions between ‘traditional’ flags & open registers no longer meaningful, as per latest Flag State Performance Table
The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021) which finds that many of the largest flag states – including the Marshall Islands, Hong Kong (China), Singapore as
A.P. Moller – Maersk delivers strong transformation progress and results in 2020
COPENHAGEN: 2020 has been another year of solid progress for A.P. Moller – Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew
Container shipping locked in a ‘significant bottleneck’ as demand surges back
The Danish company, seen as a bellwether for global trade, posted quarterly earnings before interest, tax, depreciation and amortization (EBITDA) of $2.71 billion.Maersk CEO Soren Skou told CNBC that he had “heard stories about
Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector : Rajiv Agarwal
MUMBAI: “The Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector. The bill will provide regulation, flexibility and self-governance to the Major Ports of
SCI reported profit of Rs. 103.30 crore in the Third quarter of FY 2020-21
MUMBAI: The Shipping Corporation of India Limited (SCI) declared its financial results for the third Quarter of FY 2020-21 on 5th February, 2021 and posted a Profit after Tax (PAT) of Rs.103.30 crores and
Parliament passes landmark Major Port Authorities Bill, 2020
NEW DELHI: Parliament has passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now the
Kerry Logistics takeover by SF Holding creates ‘biggest logistics group in Asia
Chinese express giant SF Holding is to acquire a 51.8% stake in Hong Kong’s Kerry Logistics Network – a landmark $2.3bn deal creating the “biggest logistics group in Asia”. In a filing to the
FIEO organised Online Interaction on “Exports scenerio (including Budget changes)-Challenges and the Way Forward”
No country has ever achieved a GDP growth of 8% or more on sustained basis without double digit growth in exports. All those years in which India exhibited 8% plus GDP growth were the