SANTOS : Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its Brazilian terminals by 2026. The commitment was made by APM Terminals’ CEO Keith Svendsen during a Dutch
RIYADH : Container throughput during April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics released by the Saudi Ports Authority (Mawani). Container data for
ABU DHABI : AD Ports Group has announced a strong set of first-quarter results with net profit rising 18% to AED363 million ($99 million) and revenue soaring 73% to AED1.82 billion, driven by the
DENMARK : A.P. Møller Holding A/S has acquired Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through closing of the transaction previously announced. In connection with the closing of this acquisition, A.P. Moller Holding
NEW DELHI : The next Chintan Shivir organised by the Ministry of Ports, Shipping and Waterways will be held on May 21 and 22, 2023 at Munnar. Union Minister Shri Sarbananda Sonowal will inaugurate the two-day meet and
BRUSSELS : Following is the text of Press Communique issued at the conclusion of talks between Shri Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles,
NEW DELHI : The Ministry of Ports, Shipping and Waterways (MoPSW) has secured the second position among 66 ministries in the highly influential Data Governance Quality Index (DGQI) assessment for 2022-2023 Q3. The shipping ministry has achieved
VISAKHAPATNAM : With the fast-tracking of work on four new ports being developed in Andhra Pradesh under the aegis of AP Maritime Development Board (APMB), taking advantage of its 974-km long coastline, the State
NEW DELHI : The Indian logistics sector has a reason to cheer. The exim cargo movement in India is getting cost-competitive, faster and predictable giving much-needed certainty for the trade, thanks to the Dedicated
NEW DELHI : India’s overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022. Overall imports in
