MOL to Move into Ocean Shipping of Liquefied CO2 Ocean Transport Business
TOKYO : Mitsui O.S.K. Lines, Ltd., MOL, President & CEO Mr. Junichiro Ikeda recently announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship
Global Shipping Business Network officially incorporated in Hong Kong
HONGKONG : Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions, and has officially started its operations to help accelerate
Hapag-Lloyd publishes annual report and confirms significant earnings growth for 2020
HAMBURG : Hapag-Lloyd published its annual report with audited business results for the 2020 financial year today. In the reporting year, Hapag-Lloyd’s earnings before interest, taxes, depreciation and
DP World announces resilient financial results for 2020
DUBAI : DP World Limited announces robust financial results for the year ended 31 December 2020. On a reported basis, revenue grew 11.0% to $8,533 million and adjusted
India places faith in Adani Group to build strategic box terminal in Colombo port
NEW DELHI : When India struck a government-to-government deal with Sri Lanka to build and run the West Container Terminal (WCT) at Colombo port to check China’s growing
Gujarat’s Alang ship breakers’ business boosts due to global trade slowdown
BHAVNAGAR : The Indian ship-breaking industry is sailing towards a 10 per cent revenue growth this fiscal on-year owing to improved availability of condemned vessels and higher rates
Concor privatisation draws interest from DP World, Adani and Vedanta
NEW DELHI : A clutch of global and Indian companies such as DP World, PSA International, Adani Group, Vedanta Group, Gateway Distriparks, Allcargo Logistics and investment behemoth Canada
Goutham Reddy urges CONCOR to set up container making unit in Andhra Pradesh
AMARAVATI / NEW DELHI : Industries Minister Mr. Mekapati Goutham Reddy on Thursday requested Containers Corporation of India Ltd. (Concor) Chairman and Managing Director, Mr. V Kalyana Rama
Marine Aids to Navigation Bill introduced in Lok Sabha
NEW DELHI: With technological changes taking place at a fast pace in marine navigation, a bill to provide for a fresh framework to establish and manage vessel traffic
Gati targets 3x growth, to invest Rs. 100 crores in FY 21-22
MUMBAI: Gati-KWE Limited, an Allcargo company has launched advanced air freight solutions for pharma, electronics and auto ancillaries. The company has also earmarked a budget of Rs 100