COPENHAGEN : A.P. Moller – Maersk reports strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65% to USD 6.5 billion. Results were driven by higher
MUMBAI : Mahindra Logistics Limited, one of India’s largest integrated logistics solutions providers, on Thursday announced its partnership with Asian Paints for integrated transportation solutions. Through this partnership Mahindra Logistics will deploy a network
NEW DELHI : The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of
NEW DELHI : The Government in Ministry of Road Transport and Highways (MoRTH) is primarily responsible for development and maintenance of National Highways (NHs), including National Expressways. All the NHs development projects, including development
JACKSONVILLE : During Thursday’s State of the Port address, Jacksonville Port Authority (JAXPORT) Chief Executive Officer Eric Green and Chief Commercial Officer Robert Peek discussed how the port’s business diversification, increased global connectivity, and ongoing terminal upgrades
LONDON : A.P. Moller – Maersk (Maersk), one of the world’s largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk’s global fleet
KLAIPEDA : Klaipėda Port Authority starts constructing the infrastructure for the offshore wind energy projects – the contract was signed for the reconstruction of quays on Smeltė peninsula, which will ensure smooth assembly, handling
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth straight session on Thursday, boosted by gains in panamax and
GANDHINAGAR : Shri Ashwini Kumar, IAS (1997 batch, Gujarat cadre), has been given the additional charge as the Principal Secretary, Ports & Transport Department, Government of Gujarat, in addition to his regular charge as
GANDHIDHAM : Deendayal Port Authority has issued a tender to lease 2,000 acres for a shipbuilding cluster in Kandla, Gujarat, under a 30-year lease. Bidders must have experience in constructing VLCC-class shipyards. The reserve