COSCO Shipping Development sees fluctuating box market as sales, leasing revenue down
BEIJING : COSCO Shipping Development (CSD), the holding company for Dong Fang International Container, the world’s second-largest container manufacturer, said that net profit fell 35% year-on-year to US$568.57 million in 2022. Container sales fell
PSA announces the launch of the Stuttgart Express Rail Service
ROME : PSA Italy has announced the launch of the Stuttgart Express Rail Service, which will connect PSA Genova Pra’ Terminal with Stuttgart in Southern Germany twice weekly. The service will run for the
Iran to build new port on coast of Persian Gulf
TEHRAN : Iran plans to build a new port in the county of Bandar-e Lengeh on the Persian Gulf coast in Hormozgan Province, the director of the province’s Ports and Maritime Organization, Mojtaba Salari,
Port of Rotterdam increases its share in Rotterdam Shore Power
ROTTERDAM : The Port of Rotterdam Authority has increased its share in Rotterdam Shore Power (RSP), a joint venture between Eneco and the Port Authority, from 20% to 50%. The partners, who now have
Draft ‘Sagarmala Innovation and Start-up Policy’ issued for Stakeholder Consultation
NEW DELHI : A nation’s growth is augmented by start-ups and entrepreneurs. In order to build a strong innovation ecosystem, the Ministry of Ports, Shipping and Waterways (MoPSW) issued draft on ‘Sagarmala Innovation and
A Public Interest Litigation halts signing of concession pact with DP World for Tuna Tekra mega box …
GANDHIDHAM : A public interest litigation (PIL) seeking to annul the environment clearance granted to Deendayal Port Authority for building capacity expansion projects has halted the signing of a concession agreement with the Hindustan
52nd National Safety Week has been inaugurated by S.K.Mehta-Chairman DPA
GANDHIDHAM : 52nd National Safety Week has been inaugurated by Shri S.K.Mehta, Chairman, Deendayal Port Authority, in the august presence of Shri Nandeedh Shukla, Dy. Chairman , T.M. , CME , FA&CAO , Sr.Dy.
Deendayal Port eyes infrastructure upgrade to support growth
GANDHIDHAM : Infrastructure constraints, particularly the road link, threatens to halt the march of India’s biggest state-owned port by volumes handled and the nation’s second busiest, located at Kandla in Gujarat’s Kutch district. Unless