PSA confirms agreement of acquiring majority stake in ALISAN Logistics
SINGAPORE : PSA International has signed an agreement to buy 75% of the shares of privately held ALISAN Logistics through its wholly-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions. ALISAN is a Turkish logistics firm
No concerns about Adani Group’s plans to expand: Israel Minister Nir Barkat
NEW DELHI : Israel has no concerns about the Adani Group’s plans to expand its presence in the country after taking over the strategic Haifa port as it is a “good deal” that could
Andhra CM lays foundation stone for Rs 4362 Crore Mulapeta Port in Srikakulam
SRIKAKULAM : Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday laid the foundation stone for the Rs 4,362 crore Mulapeta greenfield port in Srikakulam district, which is expected to completed within
APSEZ Board to consider partial buyback of debt securities on April 22
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ) Board will meet on April 22 to consider its first and partial buyback of debt securities in the current financial year. The securities denominated
New massive 24K TEU MSC Loreto sets sail from Yangzijiang Shipbuilding
BEIJING : World’s largest containerships global fleet has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding
Hapag-Lloyd successfully concluded share acquisition in J M Baxi Ports & Logistics Limited
MUMBAI : Hapag-Lloyd on Wednesday successfully completed its acquisition of 40% shareholding in the J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority. In January 2023, Hapag-Lloyd had
Adani-Total’s Dhamra LNG Terminal to start commercial operations at May-end
AHMEDABAD : Adani Group and French company TotalEnergies’ newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French
AD Ports celebrates launch of new Khalifa-Kuwait shipping route
ABU DHABI : Container vessel SAFEEN Pride has arrived at Shuwaikh Port in Kuwait, marking the launch of AD Ports Group’s new weekly container and Ro-Ro service between Khalifa Port and Kuwait. The SAFEEN