Transport Corp to acquire two cargo ships worth $40 mn in FY25 : Vineet Agarwal, MD
GURUGRAM : Logistics and supply chain management company Transport Corporation of India Ltd. (TCI) plans to acquire two cargo ships worth $35-40 million in the current fiscal to bolster its seaways business. TCI is
DCIL adopts RFID for seamless inventory management
GURUGRAM : ID Tech, a leader in advanced automation solutions, is proud to announce the successful acquisition of a significant tender from Dredger Corporation of India Ltd (DCIL). This pivotal project will introduce an
Unmasking the extent of container shipping’s potential overcapacity
Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity that could affect the industry if
DPA Kandla achieves extraordinary milestone by handling a record-breaking 18.5 MMT of cargo
GANDHIDHAM : Deendayal Port Authority, Kandla has achieved an extraordinary milestone by handling a record-breaking 18.5 million metric tons (MMT) of cargo within the first 45 days of the current fiscal year 2024-25. This
Concor Q4 results: Net profit rises 5.5% to Rs 315 crore, declares Rs 2.5 dividend
NEW DELHI : Container Corporation of India’s (Concor) March quarter profit jumped 5.5 percent to Rs 315.1 crore from the year-ago period, aided by volume growth and increased market share, the public sector company
Adani Port talks with Gangavaram Port workers remain stalled
VISAKHAPATNAM : Negotiations between Adani Ports and striking workers at the Gangavaram Port in Visakhapatnam have reached a stalemate. The workers, who have been protesting for better wages and working conditions, continue to hold
Supply Chain and Storage expansion can fuel the Cargo Traffic as it hits 12.31M TEUs in FY 2023-24
SINGAPORE : India’s cargo volume, managed by 12 key ports, is increasing rapidly and has reached 12.31 Million TEUs in FY 2023-24, up from 11.39 Million TEUs in FY 2022-23, according to the Ministry
ICG apprehends fishing vessel, with five crew, off Maharashtra coast; Five tons of unaccounted diesel valued at Rs 27 lakh seized
NEW DELHI : Indian Coast Guard (ICG) apprehended a five-man crew fishing vessel ‘Jay Malhar’ engaged in illegal diesel smuggling off the Maharashtra coast on May 16, 2024. Five tonnes of unaccounted diesel valued approx Rs 27 lakh,