Moody’s upgrades Hapag-Lloyd’s credit rating to ‘Ba1’
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
Sebastian von Hardenberg appointed as new CEO of BSM
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
DPIIT signs MoU with HDFC Bank to strengthen startup ecosystem and foster innovation
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
TCI becomes the first organization in India to obtain ISO 14083 certification
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
KSH Integrated Logistics expands Multiclient Warehousing Operations in Jaipur to meet growing demand
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.
DHL Express enhances Asia Pacific network to help customers manage geographic headwinds
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
DHL anticipates chaotic start of 2025 for container shipping
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
Zepto and NX logistics India launch premium warehousing at Sumadhura Logistics Park
BENGALURU : Sumadhura Group inaugurates a premium warehousing facility for Zepto, India’s Prominent quick commerce company and NX Logistics India, a global logistics giant at Sumadhura Logistics Park
Will use own resources: Adani Ports opts out of US funding for Colombo Port project
AHMEDABAD : Adani Ports and SEZ Ltd has said it will not seek US funding for the Colombo Port’s West International Terminal project in Sri Lanka and will
Blackstone secures LOGOS India’s 5 Million Sq Ft Warehousing Portfolio for ₹1,725 Crore
CHENNAI : US-based private equity firm Blackstone Group has acquired nearly 5 million sq ft operational and leased warehousing assets from logistics company LOGOS India for more than Rs 1,725 crore, said