You shop, it ships : Maersk’s bid to challenge Amazon
COPENHAGEN : A Danish shipping giant is betting that your online purchases of appliances, furniture and sweatpants will be the next phase of its growth. Maersk, which moves
Adani Group preparing to buy CONCOR
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) is aggressively building up a war chest of debt and cash to acquire Container Corporation of India Ltd (Concor),
CMA CGM acquires major Los Angeles terminal for US$2.3 billion
MARSEILLES : CMA CGM Group has signed an agreement to buy a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT
Maersk ,the biggest shipping company of the World,reports 68% rise in revenue
COPENHAGEN : The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, reported a sharp rise in earnings amid strong worldwide demand for shipments of goods as the economy bounces
ECU Worldwide eyes investment to accelerate global network expansion
MUMBAI : India’s Allcargo is looking for investment to accelerate the development of its global network via ECU Worldwide, its LCL consolidator subsidiary. A note to the stock
DP World, HashMove sign agreement to integrate terminal off-dock & logistics services
KARACHI : Qasim International Container Terminal (DP World- Karachi) has signed an agreement to integrate Terminal Off-Dock and Logistics services with HashMove (a global multi-modal logistics platform) to
AZERBAIJAN INVESTMENT HOLDING signed MoU on participation in the WORLD LOGISTICS PASSPORT initiative
DUBAI : The World Logistics Passport (WLP) continues to expand its global footprint by signing a Memorandum of Understanding (MoU) with Azerbaijan Investment Holding (AIH), which will provide
JSR Group appoints Laxmi Narayan Gupta as Chairman
AHMEDABAD : JSR Shipping Services India Pvt Ltd (JSR) pleased to announce appointment of Mr. Laxmi Narayan Gupta (Retired Govt. Officer) as new Chairman of the company from 5th OCT 2021.
Adani Group mulls ARC businesses to purchase stressed assets in infra, real estate: Report
AHMEDABAD : Adani Group has applied for a licence from the Reserve Bank of India to open an asset reconstruction company (ARC) that will acquire distressed assets in
JNPT observed a week-long Vigilance Awareness Week-2021
MUMBAI : Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling ports, observed a week-long Vigilance Awareness Week at JNPT headquarters from 26th October to 1st