AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) on Tuesday announced it has posted 35.65 million metric tonne (MMT) cargo volume, a record 42% year-on-year rise in cargo volumes in December 2023. While dry bulk cargo handling was up
KOLKATA : The Syama Prasad Mookherjee Port (SMP), formerly known as Kolkata Port, is set to submit the detailed project report (DPR) for the ambitious International Container Transhipment Port (ICTP) at Galathea Bay in
MUMBAI : PSA Mumbai has reached a significant milestone in its emissions reduction path with the commissioning of its 7.8 megawatt (MW) solar farm with O2 Power. As a result, this makes PSA Mumbai
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million
GANDHINAGAR : Gujarat state on Wednesday signed initial investment agreements worth Rs. 7.17 trillion ($86.07 billion) with 58 companies operating in sectors such as energy, oil and gas, and chemicals, its government said. The home
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez Canal, opting for the longer route
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics company said that the “volatile” situation,
LONDON : BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024. Ivø joined BIMCO in early 2022 to lead the Contracts &
NEW DELHI : India’s rapidly growing market and economy have made it a lucrative option for developed as well as developing countries for free-trade agreements (FTAs), and countries such as Oman, Peru, Europe, and
NEW DELHI : India’s top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India’s Oil Secretary
