Allcargo to buy its partner CCI’s contract logistics business
MUMBAI : Allcargo Logistics said Monday plans to buy out the contract logistics business of its joint venture partner CCI Integrated Logistics and sell it the customs clearance segment,
JSW Infrastructure bid for Haldia berth
MUMBAI : Sajjan Jindal-led JSW Group has submitted a bid for a 30-year concession to mechanise and operate a berth at Haldia Dock Complex (HDC), making it the
Kuehne+Nagel signs logistics service agreement with GMR Aero Technic, India’s leading MRO
HYDERABAD : Kuehne+Nagel, a leading global logistics company, announced that it has signed a three-year logistics service contract with GMR Aero Technic, a subsidiary of GMR Hyderabad International
Synergy Group Rolls Out Tailor-Made Personal Protective Equipment to Female Seafarers on 60+ Vessels
CHENNAI : Synergy Group, one of the world’s leading ship managers with a diverse fleet of over 540 vessels, is rolling out a new tailor-made Personal Protective Equipment
Logistics Firm Pidge raises $3mn in Pre-Series A Round, led by Mountain Partners
GURUGRAM : Logistics firm Pidge announced that it has secured $3mn in funding led by leading European VC, Mountain Partners to expand its logistics SaaS solution. Pidge combines
Indian Onion exports jump 49% in April-Dec on demand from S-E and West Asia
NEW DELHI : India’s fresh onion exports jumped 49 per cent in volume to 1.72 million tonnes (mt) and gained 15 per cent in dollar terms at $394 million during
CMA CGM’s first three quarters boost revenues and earnings despite Q4 slowdown
MARSEILLE : French ocean carrier CMA CGM has achieved significant increases in its main financial figures in 2022, compared to the previous year. In particular, the Marseille-headquartered company
Adani shares extend rally ; Adani Enterprises jumps 14%, 6 group stock hit the roof
AHMEDABAD : Shares of Adani Group Companies continued gaining momentum on Monday amid easing concerns about the conglomerate’s debt obligations after Gautam Adani-led entity raised ₹15,446 crore by selling minority
GAIL looks to import ethane via VLECs
NEW DELHI : GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities by replacing current feedstocks with ethane imported from the US to compensate
ONE’S Nixon says decarbonizing shipping could add $2,000-$3,000 per container
SINGAPORE : Ocean carriers should focus on transitioning from fossil fuels to decarbonized green fuels but expect an added cost of between $2000-$3000 per forty-foot container, warned Jeremy
