May 7, 2026
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JSW Infrastructure receives letter of award to develop Keni Port in Karnataka for Rs 4,119 cr

November 17, 2023 Ports, Company, Infrastructure, Private Port, Trade, Trending News
BENGALURU : JSW Infrastructure on Thursday announced that it has emerged as the winning bidder for development of a commercial port at Keni in Karnataka on public private partnership basis. The Karnataka Maritime Board, Government of Karnataka has issued the Letter

FedEx delivered over $80 Billion in direct impact to the Global Economy in FY 2023: Annual Economic Impact Report

November 17, 2023 Logistics, Company, Economy, Trade, Trending News
MUMBAI : FedEx Corp. released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). Produced in consultation with Dun & Bradstreet, a

Bolloré Logistics and Sarcona to use electric truck for the last mile delivery in New York

November 17, 2023 Logistics, Company, Trade, Transport, Trending News
NEW YORK : Bolloré Logistics and its partner Sarcona will launch a new sustainable logistics service with the commissioning of an electric truck to deliver the last mile between New Jersey and New York

cargo-partner joins United Nations Global Compact

November 17, 2023 Logistics, Company, Global Trade, Trade, Trending News
NEW YORK : Global transportation and logistics provider cargo-partner has joined the UN Global Compact, a United Nations project that encourages businesses throughout the world to adopt and report on sustainable and socially responsible

CWIT first phase likely to be operational by Dec 2024 : Karan Adani

November 16, 2023 Ports, Company, Container Terminal, Logistics, Trending News
COLOMBO : The first phase of Colombo West International Terminal (CWIT) is likely to be operational by December 2024, Adani Ports and Special Economic Zone (APSEZ) Whole Time Director and CEO Mr. Karan Adani

Allcargo Standalone September 2023 Net Sales at Rs 384.43 crore, down 60.88% Y-o-Y

November 15, 2023 Logistics, Company, Trade, Trending News
MUMBAI : Allcargo Standalone September 2023 Net Sales reported at Rs 384.43 crore, down 60.88% Y-o-Y Net Sales at Rs 384.43 crore in September 2023 down 60.88% from Rs. 982.75 crore in September 2022.

Greek owner to sell all container ships, spend $3B on LNG tankers

November 15, 2023 International Shipping, Company, LNG, Maritime, Shipping Line, Trending News
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which is the best segment to own?

Adani Group eyeing opportunities in neighbouring countries after Sri Lanka port, says Karan Adani

November 14, 2023 Maritime, Company, Infrastructure, Ports, Trade, Trending News
COLOMBO : Days after announcing a significant $553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Mr. Karan Adani, CEO of Adani Group told reporters that Adani Ports is eyeing

GAIL does world’s first ship-to-ship LNG transfer; cuts CO2 emissions

November 14, 2023 LNG, Company, Maritime, Shipping, Trending News
NEW DELHI : India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot

ONGC to start oil production from $5 billion deep-water project this month

November 14, 2023 Maritime, Company, Trade, Trending News
NEW DELHI : Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of
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