Maersk signals next logistics acquisition will be billion-dollar deal
COPENHAGEN : Maersk on Tuesday suggested it is prepared to spend at least $1 billion on a logistics company takeover as the group progressively focuses on larger acquisitions
Modi Government’s plan for transshipment port, other infra projects in Nicobar Island Clears First
NEW DELHI : The Narendra Modi government’s ambitious plan for a transshipment terminal and other infrastructure projects on the Great Nicobar Island, piloted by the NITI Aayog, has
DGFT’s COVID-19 Helpdesk coordinating and resolving International Trade related issues
NEW DELHI : In view of the surge in COVID-19 cases, the ‘Covid-19 Helpdesk’ of Directorate General of Foreign Trade (DGFT) in the Department of Commerce has from
Xander looks east for warehousing investment acquires logistics park
SINGAPORE : Xander Group Inc., a Singapore-based alternative investment company, has acquired a 31-acre logistics park in Bagnan, located in West Bengal’s Howrah district, in its first warehousing
APM Terminals advises customers to prioritise COVID relief material in transit
MUMBAI : APM Terminals Pipavav has advised its customers to prioritise all COVID relief material in transit to facilitate the transportation of such consignments at the earliest, the
JNPT and New Mangalore Port handle 120 Metric Tonnes of Oxygen on priority basis
NEW DELHI : JNPT and New Mangalore Port handled 120 Metric Tonnes of Medical Oxygen on priority basis. India’s largest Container Port, Jawahrlal Nehru Port Trust handled four
Two more naval ships arrive at NMPT with medical aid from Kuwait
MANGALURU : NMPT on Tuesday handled two more navy vessels ‘INS Kochi and INS Tabar’ by berthing them simultaneously. The navy vessel INS Kochi carried 03 nos liquid oxygen
European container carriers increase charges worldwide
HAMBURG : Three of the largest container lines in the world have announced a substantial number of rate increases to be implemented later in May and in early
IATA: Cargo demand at “all time high” but capacity is yet to recover
MONTREAL : Air cargo volumes in March reached an all-time high for the month, according to IATA in its latest air cargo analysis. The association said that global
CBIC allows import, export of goods without furnishing Customs bond
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday allowed businesses to import and export goods without furnishing bonds to the Customs authorities