Adani Ports announces 10% growth in cargo volumes in February
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday announced that it handled approximately 26.5 million metric tonne (MMT) of total cargo, implying a year-on-year
DPIIT starting exercise to prepare logistics cost framework
NEW DELHI : The department for promotion of industry and internal trade (DPIIT) is starting an exercise to prepare a framework for determining logistics cost in the country,
We want to make Andhra a logistics hub for south Asia: CM Jagan Mohan Reddy
VISAKHAPATNAM : As Andhra Pradesh gears up for the Global Investment Summit 2023 to be held at Visakhapatnam on March 3 and 4, Chief Minister YS Jagan Mohan Reddy is offering investors
Madhya Pradesh: Indore to Get State’s First Multi-Modal Logistics Park; Phase 1 By 2025
BHOPAL : The commercial capital of Madhya Pradesh, Indore, will soon have its own Multi-Modal Logistics Park (MMLP) as the work for the project has been awarded, the
Centre pushes for Alang to emerge as vehicle scrappage hub
NEW DELHI : Alang, in the Bhvanagar district of Gujarat, is considered to be the largest ship breaking yard in Asia; and there has been a push from
MoU between Citroën India and Kamarajar Port Ltd to commence its export program from India
CHENNAI : Citroën India, part of the Stellantis Group, announced that it has signed a Memorandum of Understanding with Kamarajar Port Ltd (KPL) to commence its export program
Is there more on the horizon for container spot price falls?
By Mr. Gautham Krishnan The 2M Alliance between the Shipping- giants MSC and Maersk, announced earlier in the year about the disbanding of the alliance. Ever since then,
MSC, world’s biggest shipping company and U.S.-China trade bellwether, is betting on a rebound for
GENEVA : MSC, Mediterranean Shipping Company, the world’s largest ocean freight line, tells that it is expecting positive signals for the global economy from trade demand, but it
Hapag-Lloyd publishes 2022 annual report and announces forecast for the current financial year
HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4
UAE issues new law on Dubai Ports Authority to boost maritime trade
RIYADH : A new law aimed at boosting investments and trade in Dubai’s maritime sector has been issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and