May 9, 2026
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Pramod Raj appointed as Managing Director of KSA at WeFreight

May 6, 2024 International Shipping, Company, Logistics, Shipping, Trade, Trending News
DUBAI : In a significant move to bolster its leadership team, WeFreight has announced the appointment of Mr. Pramod Raj as the new Managing Director for its Kingdom of Saudi Arabia (KSA) operations. With

APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume of 420 MMT

May 3, 2024 Maritime, Company, Ports, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change

APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating

May 2, 2024 Logistics, Company, Global Trade, Infrastructure, Maritime, Ports, Private Port, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level of credit worthiness and the ability

Hapag-Lloyd Annual General Meeting approves all proposed resolutions

May 2, 2024 International Shipping, Company, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to the vote at the Annual General Meeting. This included the appropriation of the net profit and thereby

Tata Steel to invest £1.25 billion in modern electric arc furnace in Port Talbot

April 26, 2024 Trade, Company, Foreign Ports, Trending News
MUMBAI : Tata Steel is going to invest 1.25 billion pounds to build a modern electric arc furnace in Port Talbot and commence closure of the existing heavy-end assets in the following months. Tata Steel

DP World promotes transparent sustainable infrastructure development

April 25, 2024 Maritime, Company, Global Trade, Infrastructure, Logistics, Ports, Trade, Trending News
DUBAI : DP World has published a Sustainable Development Impact Disclosure (SDID), making it the first company globally to adopt and disclose its development impact in countries of focus following the recently released impact

DSV reports US$5.5 billion revenue in 2024 first quarter

April 25, 2024 International Shipping, Company, Logistics, Trade, Trending News
COPENHAGEN : DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the stabilization of freight markets, said the company. During

AD Ports Group secures a 20-Year agreement to operate and upgrade the existing Luanda Multipurpose Port Terminal in Angola

April 24, 2024 International Shipping, Business, Company, Foreign Ports, Trending News
ABU DHABI : AD Ports Group has signed several agreements with Unicargas and Multiparques securing a 20-year concession agreement (extendable for another 10 years) with the Luanda Port Authority for the operation and upgrade

How Adani Ports unlocked growth potential of India’s seaports after acquisitions

April 20, 2024 Ports, Company, Private Port, Trade, Trending News
NEW DELHI : India’s largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including

CONCOR and PSA MESA signs MoU

April 19, 2024 Container, Company, ICD, Logistics, Shipping, Trade, Trending News
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics service to customers. CONCOR is a
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