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 the full-year period, revenue decreased by
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, cargo volumes witnessed a 7.6 per
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 to build a 4 million twenty-foot
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 (MbPA) for its Mumbai yard. MDL’s
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 25000 kilos of dried yeast. Entire
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 in the area. The VOC Port
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 with tyre manufacturing giant Goodyear. The
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 Yun He had just arrived from
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 logistics hub for Northeast Asia and
RIYADH : The Saudi Ports Authority ‘Mawani’ announced that VASI Shipping Pte Ltd has introduced the new shipping service ‘IMS’ at King Abdul Aziz Port in Dammam, connecting the Kingdom to Southeast Asia and