AD Ports Group acquires majority stake in Tbilisi Dry Port
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60%
PSA International announces financial results of 2023
SINGAPORE : PSA International has reported earnings of $1.46 billion for the FY2023 ended Dec 31, 2023, down 6.3% compared to its $1.56 billion earnings in FY2022. For
Port cargo volumes to grow 6 – 8 per cent in FY25
Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024,
VOC Port Authority held pre-bid meet to build a 4 million TEUs capacity container terminal in the po
MUMBAI : Some of the potential bidders participated in a Roadshow held by the pre-bid meeting called by V O Chidambaranar Port Authority on 18 March in Mumbai
Mazagon Dock Shipbuilders to lease land parcel from Mumbai Port Authority for ₹354 crore
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd (MDL) on Thursday (March 21) said the company will lease a land parcel measuring 14.55 acres from the Mumbai Port Authority
CBI seizes 25k kilos of yeast mixed with cocaine at Vizag Port
HYDERABAD : In a major operation the sleuths of CBI had detained a shipping container, at Andhra’s Vizag Port ,suspected to have been carrying narcotics drugs mixed with
V.O. Chidambaranar Port sets sight on mega investments
TUTICORIN : With multiple big-ticket projects on track in and around Tuticorin, V.O. Chidambaranar Port in the city is all set to capitalise on the newfound investor interest
DP World plants over 700 Trees in partnership with Goodyear
LONDON : DP World, a leading provider of global end-to-end supply chain solutions, has announced the successful planting of 702 trees as part of an ongoing decarbonisation project
COSCO container ship damages Keelung berth after collision
KEELUNG CITY : Taiwan’s Keelung port sustained damage after one of COSCO Shipping Lines’ container ships came into contact while attempting to berth. The 2000-built, 1,702 TEU Fei
DP World accelerates growth in South Korea with US$ 50 million investment in Busan New Port
BUSAN : DP World has announced a US$50 million (approximately ₩66 billion) investment to develop a new logistics centre in Busan New Port, strengthening the port’s position as a