Gangavaram Port primed for Container boxes
VISAKHAPATNAM : Adani Ports and Special Economic Zone (APSEZ) commences work on opening a container terminal at Gangavaram port, days after it acquired the port in a ₹6,200
Adani – SLPA signs US$700 million deal for new container terminal in Colombo, but transhipment
COLOMBO : Adani Ports and Special Economic Zone Limited (APSEZ) and The Sri Lanka Ports Authority (SLPA) have signed a 35-year agreement to jointly develop the Colombo West International
Concor cuts rates for Nepal-bound import boxes by 35%
NEW DELHI : Container Corporation of India Ltd (Concor) has cut rates by some 35 percent for hauling import containers landing at Visakhapatnam, Haldia and Kolkata ports and
Bengal industrial growth corridor may see Rs 43,000cr investment: WBIDC
KOLKATA : West Bengal’s proposed industrial growth corridor between Haldia and Durgapur may see an investment of Rs 43,000 crore over the next three to five years spread,
Welspun One Logistics Parks acquires two land parcels in Lucknow, Farukhnagar
Welspun One Logistics Parks (WOLP), backed by Welspun Group, said it has acquired two land parcels in Lucknow and Farukhnagar in Haryana, marking its entry in north India.
Coca-Cola turns to bulk carriers in face of sold-out containerships
SINGAPORE : Coca-Cola , Soft drinks giant has opted to ship cargo on bulk carriers rather than containerships in the face of port congestion and rising freight costs.
MSC moves into fruit packing
Medlog, the logistics arm of shipping group MSC, has opened a US$20m fresh fruit packing plant in Peru, marking MSC’s first foray into fruit packing. The facility is
Scan Global Logistics acquires Horizon International Cargo Limited
COPENHAGEN : The Nordic-based logistics forwarder, Scan Global Logistics (SGL) acquires Horizon International Cargo Limited (Horizon), a traditional air and ocean forwarder headquartered in the UK effective October
First consignment of Kashmir walnuts from Budgam despatched
2,000 kgs flagged off to Bengaluru as part of ODOP Import Substitution efforts NEW DELHI : The first consignment of Kashmiri walnuts was recently flagged off from Budgam.
Chinese power cuts may disturb US$120 billion of trade flows
SHANGHAI : The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company, Russell Group.
