VPA proposes to buy 49% stake in Mulapeta Port
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA), one among top five major ports owned by the Government of India, has come forward to buy 49 per cent equity in the development of a greenfield port
MoU signed between Ministry of MSME and Small Business Administration (SBA), Government of United States of America
NEW DELHI : Shri S. C. L Das, Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India and Ms. Isabel Casillas Guzman, Administrator, Small Business Administration (SBA), Government of the United States
KSH INFRA’s maiden foray into Southern India with an investment of INR 450 Crores for a Grade A Industrial & Logistics Park in Hosur
PUNE : KSH INFRA, a leading Pune-based developer specialising in sustainable Industrial & Logistics (I&L) Parks for third-party logistics (3PL), e-commerce, and manufacturing sectors, announces its plan to invest around INR 450 Crores for
DP World Trade Finance, BBK integrate logistics and financial services to boost regional trade
DUBAI : DP World Trade Finance, the trade finance business unit of Dubai’s DP World, and the Bank of Bahrain and Kuwait (BBK) recently announced a partnership that aims to integrate logistics and financial
Asyad Line expands Far East Express service catering for trade growth and sustainability in Asia-GCC corridor
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer
Hapag-Lloyd falls short of US$800 million profit in first half
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9 billion (EUR 0.8 billion) and the
WTO spotlight on MSP, export bans
GENEVA : Preparations for the 14th WTO Ministerial Conference in 2026 are in full swing. As India’s Agriculture Minister Shivraj Singh Chouhan charts a roadmap, we propose addressing key agricultural issues in the ongoing
APM Terminals Gothenburg predicts a record year for railway volumes
GOTHENBURG : APM Terminals (APMT) has reported that interest in rail is reaching new heights in the Nordics, and APMT Gothenburg predicts a record year for railway volumes. To meet demand, the rail network
Maersk launches third methanol-fueled vessel
COPENHAGEN : Antonia Mærsk, the third large dual-fuel vessel in the fleet capable of operating on green methanol, was officially unveiled on 9 August in Aarhus, Denmark. As recently announced, Maersk is advancing its fleet
Marlink unveils flexible Starlink LEO data plans to simplify hybrid network integration
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has introduced flexible and bespoke Starlink LEO internet plans within its hybrid network solutions. The new plans allow customers across maritime, onshore