AD Ports Group signs Agreements to Refinance USD 2.25 Billion Debt, cutting Future Borrowing costs
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics and industry has signed agreements with two UAE banks to refinance its syndicated loan of USD 2.25 billion at more favourable
SCI to acquire 5 new container ships leading others to help exporters reducing logistics costs
NEW DELHI : The Shipping Corporation of India (SCI) will acquire five new functional container ships and other agencies involved in export logistics like Container Corporation (Concor) and ports will reduce their tariffs to help
Adani Ports defies odds : FY25 volume outlook remains robust amid strikes
AHMEDABAD : While Adani Ports and SEZ Ltd hit a temporary snag in H1FY25, the volume guidance remains strong at 460-480 mmt for FY25, stated a report by Motilal Oswal Financial Services. Volumes in Q1FY25 grew
MoU signed between Adani Ports and Rorix Holdings for trade, logistics purposes to revolutionize the commodities market Ecosystem
AHMEDABAD : India’s largest private multi-port operator-Adani Ports and Special Economic Zone Limited announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Rorix Holdings, the Abu Dhabi-based global
Short-term contracts: A New era for Indian Port privatisation strategies
NEW DELHI : Indian Major Ports steadily more adopting the operation and maintenance (O&M) model as an alternative to the public-private partnership (PPP) format for privatising cargo terminals. The O&M model is seen as a
U.S. East Coast Ports begin prepping for first union strike since 1977
NEW YORK : Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoremen’s Association, the largest North American union for maritime workers.
Golden Lion, an Antigua-flagged vessel damaged in Russian attack on Odesa Port
KYIV : A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel Golden Lion, in the Ukrainian Port of Odesa, the regional governor said on Friday. Four people were wounded in the
NYK and Oono Development sign MoU to commercialize ship recycling business
TOKYO : Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan