AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
GENEVA : MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced in December 2023 which will be completed by MSC subsidiary SAS Shipping Agencies Services Sàrl. SAS
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety
NEW DELHI : The Indian Navy, which has deployed more than 10 warships in the region, has thwarted several piracy attempts in and around Arabian Sea during the last 100 days. Not a single
NEW DELHI : Delhi Airport received approval from the Government of India on February 7, 2023, allowing DIAL to serve as a Cargo Transshipment hub between Bangladesh and other global destinations for export cargo.
NEW DELHI : India’s textile exports shrank 4.2% year-on-year (YOY) in the first 11 months of the current financial year, hurt by adverse economic conditions in major destinations such as the European Union (EU),
NEW DELHI : The Centre has extended the export ban on onion till further orders. The decision has been taken to increase domestic availability and to keep the prices of onion under check. Directorate
SOMALIA : Pirates have demanded a staggering $5 million (₹420 million) for release of 23 Bangladeshi crew held captive aboard the ship MV Abdullah. The Bangladeshi-flagged vessel was seized earlier this month while en
CHATTOGRAM : The much-discussed Patenga Container Terminal, which was built two years ago and formally inaugurated in November last year at Chattogram port, is set to go into operation in April with hopes of
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port,