ABU DHABI : AD Ports Group, the leading facilitator of global trade, logistics and industry has successfully refinanced and upsized its existing Revolving Credit Facility (RCF) from USD 1 billion to USD 2.125 billion
MUMBAI : Swan’s Shipyard (RNEL) has made a payment of Rs.196 crores to its lender consortium in accordance with the payment schedule laid down in the NCLT approved Resolution Plan for Reliance Naval and
LONDON : DP World’s logistics hubs at Southampton and London Gateway have donated the equivalent of 3,000 meals to food distribution charities in their local communities. The donations will help to support hundreds of
HAMBURG : The rating agency Moody’s Investors Service (Moody’s) has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1.’ This is the highest credit rating assigned to Hapag-Lloyd since the rating initiation
HAMBURG : Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSM’s Chief Financial Officer Sebastian von Hardenberg. Beveridge will remain CEO of the Schulte Group.
NEW DELHI : Department for Promotion of Industry and Internal Trade (DPIIT) has inked a partnership with HDFC Bank, India’s largest private sector bank by assets, by signing an MoU to empower startups with
BENGALURU : TCI-IIMB Supply Chain Sustainability Laboratory at the Indian Institute of Management Bangalore (IIMB), established in collaboration with Transport Corporation of India Ltd (TCI), has become the first organization in India to achieve ISO14083 certification for
JAIPUR : KSH Integrated Logistics, one of India’s most trusted 3PL fulfilment company is expanding its footprint in Jaipur with the launch of a new 15,000 sq. ft. multiclient warehousing facility in the Vishwakarma
SINGAPORE : DHL Express, has bolstered its aviation network and ground facilities with significant enhancements across Asia Pacific in the past year. Comparing the first three quarters of 2023 and 2024, DHL Express moved
NEW JERSEY : DHL Global Forwarding said that stronger than expected demand container shipping is being seen in the final months of 2024. In its Ocean Freight Market Outlook December 2024, the company noted