Adani Group’s port terminal project secures $553 million funding from U.S. DFC : Karan Adani
COLOMBO : The U.S. International Development Finance Corporation (DFC) has recently pledged $553 million in funding for the Colombo West International Terminal Pvt. Ltd. (CWIT) project, a consortium involving Adani Ports and SEZ Ltd., John
Gujarat Pipavav Port net profit grows 51 pc to over Rs 107 cr in Jul-Sep
PIPAVAV : Gujarat Pipavav Port Ltd on Wednesday posted a 51 per cent rise in consolidated net profit at Rs 107.6 crore for the September quarter, helped by higher income. It had clocked Rs
Maersk announces PANZ Service : Change of rotation due to industrial actions at DP World Terminals in Australia
MELBOURNE : Maersk has announced that due to DP World’s industrial action and berth availability delays in Melbourne, it will proceed with PANZ Service port rotation change. The Danish carrier said the schedule for
PSA celebrates double wins at Supply Chain Asia Awards 2023
SINGAPORE : It was a night of double celebration at the Supply Chain Asia Awards 2023, as PSA International’s Group CEO Tan Chong Meng was conferred with the prestigious “Supply Chain CEO (MNC) of
Competition in container terminal market hots up as concessions end
LONDON : Concessions to operate container terminals around the globe are coming to an end and the competition between terminal operators to win the new contracts on offer is intensifying in a number of
MSC adds Contecon Manzanillo to Far East-US service
GENEVA : Contecon Manzanillo S.A. (CMSA), a business subsidiary of International Container Terminal Services Inc. (ICTSI), is now part of Mediterranean Shipping Company’s (MSC) Santana service. MSC has picked Manzanillo as the preferred eastbound
APM Terminals and DP World join forces to accelerate decarbonisation of ports and terminals
THE HAGUE / DUBAI : Two of the largest container port and terminal operators in the world, APM Terminals and DP World, announced an initiative to accelerate decarbonisation of the world’s terminals through the
Massive crane offloaded at Vizhinjam International Seaport
THIRUVANANTHPURAM : Despite facing challenging weather conditions, the authorities at the Vizhinjam International Seaport, Thiruvananthapuram, successfully unloaded a massive crane from a ship on Tuesday. The task, which was completed within a couple of