AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) is awaiting approval from a bankruptcy court in Chennai to buy indebted port company Karaikal Port Pvt Ltd
AHMEDABAD : Adani Ports and Special Economic Zone (SEZ), the country’s largest integrated ports and logistics company, has reported a 16% year-on-year (YoY) drop in consolidated net profit at ₹1,315.54 crore for
THIRUVANANTHAPURAM : The Kerala government is planning to develop a major business hub based on the model of those in Singapore or Shanghai, in the areas around Vizhinjam International
SINGAPORE : The first 4 ships on which gross berth productivity (GBP) exceeded 300 at PSA Singapore this year – COSCO Himalayas, CMA CGM Palais Royal, Maribo MAERSK,
THE HAUGE (NETHERLAND) : In 2022, A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) completed the sale of the 30.75% minority stake in Global Ports Investments in Russia for USD 135m,
RIYADH : The Saudi Ports Authority (Mawani) has signed an investment agreement with leading consumer tech. retailer United Electronics Company (eXtra) to set up a state-of-the-art logistics center
“ We are delighted to report another solid volume performance with like-for-like growth of 2.8% in 2022, which is once again ahead of industry forecast of a marginal
VISAKHAPATNAM : With the Niti Aayog unveiling National Monetisation Pipeline (NMP) to unlock value in brownfield projects by engaging private sector, Visakhapatnam Port Authority (VPA), one of the
CHATTOGRAM : The first month of this year did not pass well for Chittagong Port, Bangladesh’s prime seaport, which handles almost 92% of the country’s seaborne export-import trade.
TURKEY : A major earthquake hitting southeast Turkey and northern Syria has caused operations at Iskenderun, a small Turkish port in the Gulf of Alexandretta, to shut down.