BONN : Deutsche Post DHL Group (“DPDHL”) has signed an agreement to acquire up to 100% of J.F. Hillebrand Group AG (“Hillebrand”) and its subsidiaries at an equity value of around €1.5 billion. Hillebrand
COPENHAGEN : In 2021, APM Terminals celebrates its 20th anniversary as an independent business within A.P. Moller – Maersk. While reflecting on those eventful two decades under its own brand, the company looks into
HAIFA, : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2021. Generates Highest Ever Quarterly Net Income
HAMBURG : The German liner operator Hapag-Lloyd has announced the implementation of new General Rate Increases (GRI) from Asia to the United States, which will be effective from the middle of August. Hapag-Lloyd has
MUMBAI : APM Terminals Management BV, Navin Jindal Group, and a consortium of Dubai’s GMS Inc and Turkey’s Besiktas Group have placed bids for Reliance Naval and Engineering Ltd (RNaval), the bankrupt shipyard earlier
The Federal Government of Brazil, through the Ministry of Infrastructure and the National Water Transport Agency (Antaq), has signed concession contracts for five port terminals tendered in April 2021. The participation of the private
NEW DELHI : Welcoming the announcement of the Remission of Duties and Taxes on Exported Products (RoDTEP) rates for the merchandise sector, Dr A Sakthivel, President, FIEO said that the much-awaited rates will help in
NEW DELHI : The government will come out with a solution on pending dues of exporters under the two incentive schemes, MEIS and SEIS, by the first week of September, a top official said
MUMBAI : Moving from pure captive cargo player to a sizable third-party port business, JSW Infrastructure plans a capex of Rs 10,000 crore by 2025 which will also include investments in logistics Logistics investment is a natural
Mohit Bhatia, Senior Vice President, assumes overall responsibility of Maersk Global Service Centres overseeing the strategy to enable Maersk’s integrator vision by providing best customer-, employee-, stakeholder- and user- experience through cutting edge technology,