Hapag-Lloyd falls short of US$800 million profit in first half
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9
WTO spotlight on MSP, export bans
GENEVA : Preparations for the 14th WTO Ministerial Conference in 2026 are in full swing. As India’s Agriculture Minister Shivraj Singh Chouhan charts a roadmap, we propose addressing
APM Terminals Gothenburg predicts a record year for railway volumes
GOTHENBURG : APM Terminals (APMT) has reported that interest in rail is reaching new heights in the Nordics, and APMT Gothenburg predicts a record year for railway volumes.
US grain exports seen rising 12%, but sailing distances could shorten : BIMCO
LONDON : “In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months
Rhenus Group appoints Gilles Delarue as New CFO and Member of the Management Board
SINGAPORE : The Supervisory Board of the Rhenus Group has appointed Gilles Delarue as the new Chief Financial Officer (CFO) and member of the Management Board, effective 1 September
GAC Spain expands to Port of Huelva, paving the way for Spain’s energy future
ALGECIRAS : GAC Spain, a leading provider of shipping and logistics services in the Iberian Peninsula, has opened a new office at the Port of Huelva, enhancing its
PM GatiShakti Southern Zone District Level Capacity Building Workshop held in Thiruvananthapuram
THIRUVANANTHAPURAM : PM GatiShakti (PMGS) National Master Plan (NMP) was launched by the Hon’ble Prime Minister on October 13, 2021, to facilitate integrated multimodal connectivity using indigenous technology.
Pipavav Port eyes car exports, liquid imports for growth : Girish Aggarwal, MD, APM Terminals Pipava
PIPAVAV : Car exports and liquid cargo imports are expected to drive growth for APM Terminals Pipavav (Gujarat Pipavav Port Ltd), which runs Pipavav port in Gujarat. The port
Bharatmala Pariyojana Phase-I likely to be completed by 2027-28, project exceeded budget : MoRTH
NEW DELHI : The Ministry of Road Transport and Highways (MoRTH) annual report highlighted that Modi government’s flagship Bharatmala Pariyojana Phase-I, which has exceeded its budget, is now
Maruti Suzuki exports 1,600 ‘Made in India’ Fronx SUVs to Japan
NEW DELHI : Maruti Suzuki India has achieved a significant milestone by exporting over 1,600 units of its newly launched sports utility vehicle (SUV), the Fronx, to Japan. This