Gram Car Carriers agrees to $700 Million acquisition by MSC subsidiary
GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest
AP Moller-Maersk recognised as a Leader in the 2024 Gartner Magic Quadrant™ for third year in a row
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been named a Leader. According to Gartner, Leaders
MSC Air Cargo plans to place capacity on WebCargo
GENEVA : MSC Air Cargo has partnered with WebCargo by Freightos, with a plan to add its airfreight capacity to the digital firm’s booking platform. The carrier said in a LinkedIn post that the
RIL to start construction on India’s first MMLP near Chennai
CHENNAI : India’s first Multimodal Logistics Park at Mappedu near Chennai will see the limelight as Reliance Industries(RIL) starts construction in June, according to multiple sources. In 2022, the company beat Adani Group to win the bid
Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The first (attack) targeted the American ship
TT Club urges more effective inventory management to reduce supply chain risk
LONDON : Utilising analysis of past claims relating to cargo theft within the warehousing and distribution arena in particular, TT has concluded that risks to goods escalate in environments characterised by confusion and disorganisation.
DP World Cochin handles largest-ever container vessel MSC MARA
KOCHI : DP World has handled its largest-ever container vessel, MSC MARA at the International Container Transshipment Terminal (ICTT). With a length of 364 metres, a width of 51 metres and a capacity of
Docking of largest container ship shows Mundra Port’s unmatched capabilities: Karan Adani
AHMEDABAD : The docking of the largest container ship ever at an Indian port highlights Mundra‘s unmatched capabilities and a testimony to the company’s nation building efforts, Mr. Karan Adani, Managing Director, Adani Ports