Businessmen struggles due to high rates, delayed approvals at port
KOCHI : The industrial community in Kerala is expressing hesitancy to rely on the Kochi coast for their import and export activities. Despite Kochi Port handling a significant portion of the state’s imports and
APM Terminals reveals $1 Billion investment in Brazil
SANTOS : Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its Brazilian terminals by 2026. The commitment was made by APM Terminals’ CEO Keith Svendsen during a Dutch
April container volumes swell 13.34% at Saudi Ports
RIYADH : Container throughput during April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics released by the Saudi Ports Authority (Mawani). Container data for
AD Ports Q1 net rises 18pc to $99m; revenue soars 73%
ABU DHABI : AD Ports Group has announced a strong set of first-quarter results with net profit rising 18% to AED363 million ($99 million) and revenue soaring 73% to AED1.82 billion, driven by the
Ministry of Ports, Shipping and Waterways ranked 2nd on Data Governance Quality
NEW DELHI : The Ministry of Ports, Shipping and Waterways (MoPSW) has secured the second position among 66 ministries in the highly influential Data Governance Quality Index (DGQI) assessment for 2022-2023 Q3. The shipping ministry has achieved
Andhra Pradesh Maritime Development Board secures high hopes on 4 Greenfield ports
VISAKHAPATNAM : With the fast-tracking of work on four new ports being developed in Andhra Pradesh under the aegis of AP Maritime Development Board (APMB), taking advantage of its 974-km long coastline, the State
DP World inks agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport
DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will boost the deal as part of
Sudhansh Pant, IAS, Secretary, MoPSW visits DPA, Kandla
GANDHIDHAM : Shri Sudhansh Pant, IAS, Secretary, Ministry of Ports, Shipping & Waterways, Government of India visited Operational Area of Deendayal Port Authority, Kandla on Saturday,13.05.2023. During his visit to DPA, the CISF DPA