LONDON : Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the global market. Similarly, the Drewry Port
VERONA (ITALY) : A new rail connection between the container and reefer terminals in Vado Ligure and Verona Porta Nuova inland port has been established. The twice weekly service is managed by Maersk Italia
OMAN : India is exploring further investments into the Shahid Behesti Terminal at the Chabahar Port in Iran, as part of the Phase 2 of the expansion plans there. Investments are to be explored through the
ISLAMABAD : Abu Dhabi Ports signed 50-year concession deal with Karachi Port Trust in June for handling port terminal. Joint venture will see investment of $220 million in Pakistan over first 10 years, the
PARADIP : In a compelling revelation made during a prominent industry event, Mr. Venkateswara Rao, Head of Logistics at Jindal Stainless Ltd, emphasized the gamechanging potential of a dedicated container terminal at Odisha’s Paradip
CHITTAGONG : In order to increase the Myanmar-Bangladesh bilateral trades, the plan to run a coastal shipping line from Rakhine State’s capital city Sittwe to Bangladesh’s Port city Chittagong was taken, but even after
TAIWAN : Wan Hai Lines will spend TW$4 billion (US$155 million) on refurbishing three piers of Kaohsiung Port’s Terminal No. 5, which it has taken over from compatriot Evergreen Marine Corporation. The amount is
BHUBANESWAR : A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as INR 20,000 crores worth of business to the state exchequer, said Jindal Stainless’ Head, Logistics, Mr
KOLKATA : Syama Prasad Mookerjee Port, Kolkata, on Monday signed a pact with Saif Powertec Ltd (SPL), Bangladesh, to promote a new multimodal transport route connecting the riverine port with northeast India via Chattogram,
MUMBAI : APM Terminals Mumbai, also known as Gateway Terminals India (GTI) welcomed the maiden call on the newly added Vietnam Gulf India (VGI) Service. MV ESL Kabir, operated by Emirates Shipping Line, berthed