JSW Infra announces Rinkesh Roy as new CEO
MUMBAI : JSW Group firm JSW Infrastructure Ltd on Tuesday (October 8) announced that Arun Maheshwari will step down as joint managing director and CEO, effective November 7, 2024. Maheshwari, who will continue serving
Indian logistics market to expand to US$ 159.54 billion (Rs. 13.4 trillion) by FY28
NEW DELHI : The Indian logistics market, valued at Rs 9 trillion in FY23, is forecasted to grow to Rs 13.4 trillion by FY28, achieving a compounded annual growth rate (CAGR) of 8-9%, according
Malabar 2024 held its Opening Ceremony
VISAKHAPATNAM : The Opening Ceremony of MALABAR 2024 under the aegis of Eastern Naval Command was held onboard Indian Naval Ship Satpura at Visakhapatnam on 09 Oct 24. The 28th edition of the multi-national maritime exercise that commenced on 08
APM Terminals sign $242mln agreement with ADC to expand Aqaba Container Terminal
JORDAN : The Aqaba Development Corporation (ADC) signed an agreement with APM Terminals, one of the world’s largest port operators, to develop and manage the Aqaba Container Terminal. The agreement involves a direct investment
NATPET achieves a 50% reduction in lead times with Maersk’s integrated logistics solutions
DUBAI/JEDDAH : National Petrochemical Industrial Co. (NATPET), a leading Saudi Arabian polypropylene resin producer, has significantly improved its supply chain efficiency through a strategic partnership with A.P. Moller – Maersk (Maersk). The collaboration has
Gujarat HC orders ‘arrest’ of SW South Wind I ship as exporter seeks damage for held up rice cargo
AHMEDABAD : The Gujarat High Court has asked the Deenadayal (Kandla) Port Office and Customs officials to “arrest” merchant vessel SW South Wind I which is lying at the port and within Indian territorial
Paradip Port breaks new ground in cargo handling
PARADIP : The Paradip Port, Odisha’s lone major port, has broken new ground in cargo handling by handling an impressive 75.17 million metric tonnes (MMT) of cargo in the current fiscal, achieving this milestone
Vizag Port achieves new milestone in cargo handling
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) achieved a new milestone in cargo handling by achieving 41.79 MMTs during the first half of FY 2024-25, marking a 6 percent growth. The volume registered was over