Adani Ports’ revenue projected at Rs 50,000 crore in next four years
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. surpassed its guidance for cargo, revenue, and Ebitda in fiscal year 2024. These metrics continued to grow in the fourth quarter, with net profit rising
S Jaishankar reacts to US warning of “potential risk of sanctions” over Chabahar Port Deal
KOLKATA : A day after the US warned of “potential risk of sanctions” after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister Shri S Jaishankar emphasised that
Adani Logistics Borkhedi upgraded to Gati Shakti Multi Modal Cargo Terminal
NAGPUR : In a move to propel Nagpur as one of India’s key logistics hubs, a Private freight terminal (PFT) to handle Container traffic, M/s Adani Logistics Limited, Borkhedi is migrated as Gati Shakti
CMA CGM implements new rates from Indian Subcontinent to North Europe
MARSEILLE : French ocean carrier CMA CGM has announced updated Freight All Kinds (FAK) rates, which will be effective from 1 June. The new rates will apply to shipments from the Indian Subcontinent to
GIS mapping of all National Highways
NEW DELHI : The government has planned to complete GIS mapping of all National Highways to improve planning, execution, and monitoring. The Ministry of Road Transport and Highways (MORTH) has instructed project implementing units
Maersk speeds up supply chains in Europe with new Cross Dock facility
ROTTERDAM : A.P. Moller – Maersk has inaugurated a specialized Cross Dock warehouse in Rotterdam on its Maasvlakte II terminal. It will accelerate the flow of cargo significantly from arrival on a vessel to
Scan Global Logistics and Hapag-Lloyd enter into major biofuel agreement in a new Green Collaboration
COPENHAGEN : Scan Global Logistics (SGL), a leading global provider of transport and logistics solutions, and Hapag-Lloyd, one of the world’s largest container shipping lines, proudly announce a significant partnership with a multimillion-dollar ocean
Supply chain disruptions and rising demand boost container freight rates globally
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of shipping rates from major Chinese ports,