COPENHAGEN : Shipping giant A.P. Moller-Maersk is battling choppier seas. the $23 billion Danish firm revealed a 94% profit plunge in the third quarter. Boss Vincent Clerc is not alone in trying to manage a
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday reported a 48 per cent growth in cargo handling at seaports it operated in October. The billionaire Mr. Gautam Adani’s firm handled
NEW DELHI : Container Corporation of India (CONCOR) on November 3 said that it plans to surrender a portion of land at its inland container depot (ICD) in Tughlakabad (Delhi) in a bid to
MUMBAI : Swan Energy, operating through its special purpose vehicle Hazel Infra, will complete the acquisition of Reliance Naval and Engineering by paying Rs. 231 crore on November 15, well ahead of the November
PIACENZA : PSA Italy was named ‘Best Port/Terminal Operator’ at the fifth edition of the Italian Terminal and Logistics Awards (ITALA)! The awards ceremony took place on 6 October at the GIS (Italian Days
EDEN PRAIRIE(U.S) : The quarterly numbers for C.H. Robinson came in as one might expect for a 3PL operating in the midst of a weak freight market that has been particularly brutal for brokerages.
MUMBAI : With a 24 percent market share in cargo handling, tycoon Mr. GautamAdani controlled Adani Ports and Special Economic Zone Ltd (APSEZ) is said to be baring its fangs as a monopoly, per a
GANDHINAGAR : Dubai-based Global Marketing Systems Inc (GMS), the world’s largest buyer of ships and offshore assets for recycling, is “looking” at opening a ship leasing unit from the International Financial Services Centre (IFSC)
AHMEDABAD : Adani Logistics Ltd on Tuesday said it has acquired a 50 per cent stake in Veracity Supply Chain Private Ltd (VSCPL). VSCPL, which was incorporated on Tuesday, has an authorised and paid-up
VISAKHAPATNAM : Adani Gangavaram Port (AGP) on Tuesday announced induction of new cargo handling equipment on the port premises here. The infra project includes facilitation of two new grabs and two new cargo hoppers,