Hapag-Lloyd opens new office in Romania
HAMBURG : Hapag-Lloyd opens a new office in Romania. Bordering five European countries and with direct access to the Black Sea, Romania is an attractive growth market for
COSCO Shipping Ports boosts first quarter profits with flat container volumes
SHANGHAI : Cosco Shipping Ports achieved a year-on-year increase of 11.2% in its gross profit for the first quarter of the year, reaching US$89.9 million. At the same time,
Global Ports establishes its own container fleet
LONDON : Global Ports Group aims to create its own container fleet, consisting of 4,000 specialised boxes that will be used to transport, store and handle bulk cargo.
RightSTORE from RightShip brings unparalleled access to maritime data for all
SINGAPORE : ESG-focused digital maritime platform, RightShip, announce RightSTORE, a self-service e-commerce platform providing access to RightShip data in accessible products. As part of its commitment to democratizing data
Container ro-ro ships now hard to find
FRANCE : Container ro-ro ships, which carry containers, vehicles and other rolling cargos, are becoming a rarity due to the dearth of such vessel orders in recent years,
Nitin Gadkari lays down roadmap to lower logistics cost
NEW DELHI : Speaking on the second day of the Republic Summit, Union Minister of Road, Transport, and Highways, Shri Nitin Gadkari, stressed the need to reduce the
APSEZ customs receipts top Rs 80,000 cr
AHMEDABAD : Handling about a quarter of India’s port cargo and generating customs receipts worth over ₹80,000 crore for the government, Adani Ports and Special Economic Zone (APSEZ) has a
DP World launches Mundra Port-Ahmedabad Inland Terminal Double-stack cargo train service
AHMEDABAD : Global logistics major DP World on Tuesday said it has launched double-stack train services from Mundra port to its Ahmedabad inland terminal in Gujarat. “The double-stack
Fin-Min approves Navratna status to RVNL
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has approved the upgradation of RVNL( Rail Vikas Nigam Limited) to Navratna CPSE. RVNL will be the 13th Navratna amongst
Industrial & logistics sector leasing rises 26% YoY to 8 million sqft in January-March : CBRE
NEW DELHI : Industrial & Logistics (I&L) sector leasing grew 26% year-on-year (YoY) to 8 million square feet (msf) in January-March 2023, while supply rose 28% YoY to
