MOL takes its obligations in relation to this incident with utmost seriousness’ Through a communiqué, MOL has put out the following clarification. Excerpts: “Forbes.com published an article on January 6 entitled “Explosive Documents Reveal
HONG KONG: “We are pleased to present the latest line up of OOCL’s Ocean Alliance products that will commence from April this year. Since the formation of Ocean Alliance in 2017, the enhancements that
HONG KONG: For the fourth quarter ended 31st December 2020,Oriental Overseas International Limited (OOIL) total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0
A fresh controversy has erupted over the possible diversion of rice cargo, traditionally meant for the anchorage port, to Kakinada Deep Water Port (DWP). AP Maritime Board is proposing to allow handling of surplus
In a major boost to its operations, Kottayam port – the first Inland Container Depot (ICD) in the country, is all set to commence coastal movement of cargo to and fro Kochi on a
MUMBAI: During the quarter ended December 31, 2020, Snowman Logistics Ltd recorded a Revenue of INR 60.18 Crores against INR 58.76 Crores in Q3 FY19-20. EBITDA increased to INR 17.45 Crores from INR 14.32
Opposition parties are putting pressure on the Tamil Nadu administration to cancel the public hearing on Adani’s expansion at Kattupalli Port near Chennai. The public hearing is scheduled on January 22. The Company’s current
With Indian Railways (IR) chalking out well-laid plans for increasing its market share in freight transport from 28 percent to present to 44 percent in the long term, it is likely to impact the
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations should do more research to identify
AHMEDABAD: Jostling has started to host the assembling or production plant of Tesla Inc, after the Elon Musk-led electric car-maker opened a research and development unit in Bengaluru ahead of hitting the road in
