Adani Ports on a new high, registers largest cargo volume of 339 MMT in FY23
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India and a part of the diversified Adani Group, handled ~32 MMT
PSA International run BMCT seeks performance linked rate hike of 7%
MUMBAI : Bharat Mumbai Container Terminals Pvt Ltd (BMCT), the facility run by Singapore’s PSAInternational Pte Ltd at Jawaharlal Nehru Port, has sought a performance-linked rate hike of
India’s export outlook remains bright : Ajay Sahai
NEW DELHI : Notwithstanding a dip in exports in February, the outlook for exports remains bright for the country, according to Federation of Indian Export Organisations (FIEO) Director-General and Chief Executive
FIEO welcomes the milestone achievement of USD 767 bn goods and services exports, amidst global head
NEW DELHI : FIEO welcomes the milestone achievement of USD 767 bn goods and services, amidst global headwinds during 2022-23. With this India’s goods exports hit a three-quarter
Global Merchandise Trade is expected to grow 1.7% : WTO
LONDON : The World Trade Organisation (WTO) on Wednesday said that the global merchandise trade volume is expected to grow 1.7 per cent in 2023 as compared to
Ocean carriers increase schedule reliability, Maersk ahead of competitors
COPENHAGEN : The ocean carriers’ global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea Intelligence. On a year-to-year level, schedule reliability
AD Ports secures US$2 billion corporate facility deal with banks syndicate
ABU DHABI : AD Ports Group has signed a General Corporate Facility deal with a consortium of 13 regional and foreign banks. The multi-currency facility, worth approximately US$2
Dalian begins works on new MSC LNG-powered 16,000 TEU vessel
BEIJING : Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has begun the construction of the 10th LNG-powered 16,000 TEU container ship for the Swiss
New appointment to the GEODIS executive committee
FRANCE : GEODIS, a world leader in transport and logistics, is pleased to announce the appointment of Ms.Camille Porgès as EVP Governance, Risks and Compliance. She will join
ABB to power two new multi-purpose patrol vessels for Finnish Border Guard
ZURICH : ABB will supply an integrated power and propulsion package comprising dual Azipod® propulsors and the Onboard DC Grid™ power system for two newbuild Finnish Border Guard