As Iran-Israel conflict intensifies, India Inc feels the heat
NEW DELHI : Iran-backed Hezbollah has launched a barrage of rockets at an Israeli army headquarters days after Tehran made a “maximum level response” warning to Israel. Iran
India working on improving fares for coastal shipping, revamps coal transport pricing
NEW DELHI : An inter-ministerial group is re-examining the mechanism to “improving” fares for transport of coal under the rail-sea-rail route, also called coastal shipping. The idea is
First quarter of 2024, earnings down with cost measures intensified : Kuehne+Nagel
Kuehne+Nagel GroupCHF million Q1 2024 Q1 2023 Δ Net turnover 5,508 6,748 -18% Gross profit 2,076 2,394 -13% EBITDA 576 803 -28% EBIT 376 612 -39% Earnings 278
India’s Major Ports’ see 4.45 % cargo volume growth in FY24 : IPA
NEW DELHI : India’s 12 major ports handled 819.227 million tonnes (mt) of cargo in FY24, some 4.45 percent more than the 784.305 mt handled during last year on
Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth
MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss
Shipping industry urges UN to protect vessels after Iran seizure
LONDON : Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect
World’s first Electric Straddle Carrier Fleet arrives at DP World’s London Gateway Hub
LONDON : DP World has welcomed the arrival of eight fully electric straddle carriers for its soon-to-be-opened £350m new fourth berth at London Gateway. In a major step
Falcon Autotech expands its wings by opening its office in The Netherlands, Europe
NEW DELHI : Falcon Autotech, a leading global intralogistics automation solutions provider, opens its office in Amsterdam, Netherlands, to expand its global presence further. This expansion would position
India is emerging as a major manufacturing & export hub with launching of new schemes : Ashwini
NEW DELHI : The Union Minister Shri Ashwini Vaishnaw said, with the introduction of new schemes and preparing a framework in about a dozen different industrial sectors in
Major container lines jointly launch Asia – East Coast South America service
SINGAPORE : Five of the leading ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America. In