AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday announced that it handled approximately 26.5 million metric tonne (MMT) of total cargo, implying a year-on-year growth of about 10 percent this
NEW DELHI : The department for promotion of industry and internal trade (DPIIT) is starting an exercise to prepare a framework for determining logistics cost in the country, an official said on Thursday. For
VISAKHAPATNAM : As Andhra Pradesh gears up for the Global Investment Summit 2023 to be held at Visakhapatnam on March 3 and 4, Chief Minister YS Jagan Mohan Reddy is offering investors tailor-made benefits and mega projects. Visakhapatnam
BHOPAL : The commercial capital of Madhya Pradesh, Indore, will soon have its own Multi-Modal Logistics Park (MMLP) as the work for the project has been awarded, the Ministry of Road Transport and Highway
NEW DELHI : Alang, in the Bhvanagar district of Gujarat, is considered to be the largest ship breaking yard in Asia; and there has been a push from the Centre to expand its usage
CHENNAI : Citroën India, part of the Stellantis Group, announced that it has signed a Memorandum of Understanding with Kamarajar Port Ltd (KPL) to commence its export program from India. PAIPL, the Indian affiliate
By Mr. Gautham Krishnan The 2M Alliance between the Shipping- giants MSC and Maersk, announced earlier in the year about the disbanding of the alliance. Ever since then, the number of cancelled sailings on
GENEVA : MSC, Mediterranean Shipping Company, the world’s largest ocean freight line, tells that it is expecting positive signals for the global economy from trade demand, but it will be months before a rebound
HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4 billion). EBIT grew to USD 18.5
RIYADH : A new law aimed at boosting investments and trade in Dubai’s maritime sector has been issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE. Under
