Gujarat govt inks 8 more MoUs for proposed investment of Rs. 5,115 crore
GANDHINAGAR : Gujarat government on 2nd November signed 8 more Memorandums of Understanding (MoUs) with various investors for estimated investment totaling Rs. 5,115 crore. MoUs were signed for a proposed investment of Rs. 1770
Govt, industry begin work on reducing emissions from freight movement
NEW DELHI : To encourage the rapidly expanding freight transport ecosystem to transition to zero emission movement, the WEF had, earlier this year, announced the setting up of a zero emission road freight cluster.
A.P. Moller – Maersk reports Q3 financial results in line with expectations, yet challenges lie ahead
COPENHAGEN : A.P. Moller – Maersk’s (Maersk) financial results for third quarter of 2023 were in line with expectations in a difficult market environment with rates well off their 2022 peak and tested by
PSA Italy wins at prestigious Italian Terminal and Logistics Awards
PIACENZA : PSA Italy was named ‘Best Port/Terminal Operator’ at the fifth edition of the Italian Terminal and Logistics Awards (ITALA)! The awards ceremony took place on 6 October at the GIS (Italian Days
Hapag-Lloyd raises rates from California to Indian Subcontinent and Middle East
HAMBURG : Hapag-Lloyd has announced a General Rate Increase (GRI) from the US West Coast to Indian Subcontinent and Middle East for cargo transported in 20’ and 40’ dry, reefer and special Containers, including
Emirates Shipping Line to commence Far East Africa Express service
HONG KONG : Emirates Shipping Line (ESL) announced the launch of the Far East Africa Express (FAX) service connecting major ports in China with Mombasa in Kenya and Dar es Salaam in Tanzania. The
CONCOR Q2 results : Net profit up 21% YoY at Rs 367.31 crore; revenue at Rs 2,194.87 crore
MUMBAI : The consolidated net profit of Container Corporation of India (CONCOR) jumped 21.8 percent on-year to Rs 481.76 crore in the second quarter of the fiscal year 2022-24 (Q3 FY24), according to the financial results declared by
Women’s Wing-FFFAI organises visit for their members and APEDA officials to Mumbai Port
MUMBAI : Recently, FFFAI Women’s Wing headed by Ms. Chaitaly Mehta, Convenor of the FFFAI Women’s Wing interacted with Mumbai Port Authority while visiting the port along with Govt Officials from APEDA (Agricultural and