Ong Kim Pong appoints as the new CEO of PSA
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong
DP World raises $1.5 billion for decarbonization
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing
Two Railway Companies-IRCON International Ltd. and RITES Ltd have been granted “Navratna”
NEW DELHI : IRCON International Ltd. and RITES Ltd. informed the exhcanges on Thursday, October 12, that they have been granted the “Navratna” status by the Government of
John-Kaare Aune to leave the Wallem Group, John Rowley appointed as next CEO
HONG KONG : The Board of Directors of Wallem Group on Thursday announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period
Fastro Lifting System Nominated for Heavy Lift Awards
DE GROON ( THE NETHERLAND) : Fastro’s modular and ergonomic lifting system has been nominated for the HLPFI Heavy Lift Awards. The patented Fastro system introduces a new
Israel conflict : Adani Ports says monitoring Haifa port situation
HAIFA : The stock price of Adani Ports was down 5 percent after the day’s closing on October 9 over mounting concern for the fate of the Haifa Port, which the Gautam
Mazagon Dock signs letter of intent with European client for 10 hybrid power vessels
MUMBAI : State-run Mazagon Dock Shipbuilders Ltd (MDL) said it has signed a letter of intent (LoI) with a European client. The LoI outlines plans for the construction
DTDC selects the Open Pricer Platform to accelerate its growth in the Indian market
BENGALURU : DTDC Express, one of India’s leading integrated logistics providers, has selected Open Pricer, a cutting-edge cloud pricing platform to support its growth in the Indian market.
Adani Ports flagship Mundra Port completes 25 years
MUNDRA : Mundra Port, the flagship facility of Adani Ports and Special Economic Zone, has completed 25 years of operations. The crown jewel of Adani Ports and Special
Schneider Electric to expand India operations, exports
FRANCE : French energy automation company Schneider Electric has lined up plans to bolster its India base, and leverage it for world markets, Deepak Sharma, Zone President–Greater India