Adani’s Colombo port work set to start
COLOMBO : Adani Ports and Special Economic Zone Ltd (APSEZ) will start construction in December on a 3.5 million 20-feet foot equivalent units (TEUs) capacity terminal with an
Customs commissionerates not to issue reports interpreting law: CBIC
NEW DELHI : The CBIC has asked customs commissionerates not to issue any circular or reports which are in the nature of interpretation or clarification on matters covered under the
Despite new law, major port trusts yet to become authorities
MUMBAI : Six months after getting Parliament support for a new law to convert the 11 major port trusts into authorities, the Centre is yet to complete the
Container Shipping Earnings Now Rival Apple. It’s Not a Good Look
AP Moller-Maersk A/S, the world’s biggest container shipping line, was expected to make around $4.5 billion in operating profit in 2021, according to estimates at the start of the year
FM Sitharaman to announce infra property on the block on Monday
NEW DELHI : Union Finance Minister Nirmala Sitharaman will announce on Monday the property to be put up on the market as a part of the federal government’s asset
Container shortage, lockdowns spook Tirupur garment industry
CHENNAI : Raising Air freight, shortage of containers for sea freight and lockdown for six weeks due to Covid second wave has meant nearly Rs 2,500 crore worth
Adani shuts Ludhiana logistics park, farmers continue siege
MUMBAI : The Adani group has closed its multi-modal logistics park at the dry port in Kila Raipur near here. While the farmer unions claim a victory, they
Car exports rise 131% in April-July, Maruti Suzuki ahead of Hyundai, VW jumps to third place
SINGAPORE : In what is a good indicator of demand for made-in-India passenger vehicles and also marking the opening of global markets, PV exports have risen by 131%
OOCL reports skyrocketing first half figures
Orient Overseas International Limited (OOIL), which owns the container carrier Orient Overseas Container Line (OOCL), has published its financial and operational results for the first half (H1) of
Abu Dhabi Ports’ OFCO buys seven support vessels
ABU DHABI : The fleet expansion comes as Abu Dhabi Ports ventures further into the integrated logistics and subsea services areas. OFCO chairman Captain Maktoum Al Houqani said