March 23, 2026
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Norway excludes Adani Ports and two other companies from Govt pension fund over ethical concerns

May 17, 2024 Trending News, Company, Private Port
KRISTIANIA : Norway’s central bank said that its executive board has decided to exclude three companies from its government pension fund over ethical concerns. Norges Bank, which manages the sovereign wealth fund, said in

Supply Chain and Storage expansion can fuel the Cargo Traffic as it hits 12.31M TEUs in FY 2023-24

May 17, 2024 Logistics, Company, Shipping, Trade, Trending News, Warehousing
SINGAPORE : India’s cargo volume, managed by 12 key ports, is increasing rapidly and has reached 12.31 Million TEUs in FY 2023-24, up from 11.39 Million TEUs in FY 2022-23, according to the Ministry

Adani Ports sets sights on One Billion Ton cargo milestone

May 14, 2024 Maritime, Company, Ports, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ), a part of the globally diversified Adani Group, plans to handle one billion ton of cargo over the next 5-6 years. “On long-term volume

TVS SCS wins new business deal for Eicher’s Bus Facility in Baggad

May 9, 2024 Logistics, Company, Trade, Trending News
CHENNAI : TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has won a new business contract from

ShipFlex from Locus expands Global Carrier Network to over 160 Carriers, enhancing Multi-Carrier Parcel Management capabilities

May 9, 2024 Logistics, COMMERCE, Company, Trade, Trending News
MUMBAI : Locus.sh, a global AI-powered integrated logistics management SaaS company, announced its global carrier network for ShipFlex (its innovative multi-carrier parcel management solution) now has over 160 carriers. This significant expansion reflects ShipFlex’s continued commitment

Pramod Raj appointed as Managing Director of KSA at WeFreight

May 6, 2024 International Shipping, Company, Logistics, Shipping, Trade, Trending News
DUBAI : In a significant move to bolster its leadership team, WeFreight has announced the appointment of Mr. Pramod Raj as the new Managing Director for its Kingdom of Saudi Arabia (KSA) operations. With

APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume of 420 MMT

May 3, 2024 Maritime, Company, Ports, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change

APSEZ secures AAA Rating – India’s First Private Infrastructure Developer with AAA Rating

May 2, 2024 Logistics, Company, Global Trade, Infrastructure, Maritime, Ports, Private Port, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level of credit worthiness and the ability

Hapag-Lloyd Annual General Meeting approves all proposed resolutions

May 2, 2024 International Shipping, Company, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to the vote at the Annual General Meeting. This included the appropriation of the net profit and thereby

Tata Steel to invest £1.25 billion in modern electric arc furnace in Port Talbot

April 26, 2024 Trade, Company, Foreign Ports, Trending News
MUMBAI : Tata Steel is going to invest 1.25 billion pounds to build a modern electric arc furnace in Port Talbot and commence closure of the existing heavy-end assets in the following months. Tata Steel
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