Karnataka Mango exporters faces headwinds due to surging air freight charges
BENGALURU : Mango growers in Karnataka are hit by a double whammy this year — low yield and a dramatic surge in air freight charges. The crisis in
Sri Lanka Ports Authority reports nearly 48% rise in container volumes
COLOMBO : The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The
Saudi Red Sea Authority and NEOM signs MoU
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to
World’s largest cargo ship ‘MSC Loreto’, capable of holding 24,300 containers, docks i
SUFFOLK : The world’s joint-largest cargo ship has docked at Britain’s biggest and busiest container port, MSC Loreto arrived at the Port of Felixstowe here, from Le Havre in
Indian private ports register double-digit growth in FY24
NEW DELHI : The Ministry of Ports, Shipping and Waterways data showing that, India’s private ports continued to outperform those owned by the central government in 2023-24 (FY24),
APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23
Adani Ports and SEZ reports 12% growth in cargo volumes in April
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 12% year-on-year growth in cargo volumes in April 2024. The Adani group company in
Centre debates merging ministries to form an Infrastructure Ministry, no firm proposal yet : CNBC-TV
NEW DELHI : The government has discussed a possible consolidation of key ministries at a Viksit Bharat meeting, CNBC-TV18 reported citing sources. One idea that has been discussed
APSEZ looking for expansion in Philippines
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) is now looking to expand its operations in the Philippines. Mr. Karan Adani, Managing Director APSEZ Ltd.
DP World unveils new route to boost Turkish imports
DUBAI : As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw