COPENHAGEN : Shipping giant A.P. Moller-Maersk is battling choppier seas. the $23 billion Danish firm revealed a 94% profit plunge in the third quarter. Boss Vincent Clerc is not alone in trying to manage a
CAIRO : The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels on the vital conduit. The problem is so
HAMBURG : A total of 14 orders for methanol-powered ships were recorded in October as demand for alternative fuels in the maritime industry continues to rise in line with the ever-stringent regulatory landscape, data from
HAIFA : Oil tankers in the Red Sea are taking unusual actions amid the Israel-Hamas war, shutting off their global tracking transponders — called Automatic Identification Systems (AIS) — in an effort to traverse
OAKLAND : Activists opposed to Israel’s war against Hamas temporarily blocked a U.S. military vessel from departing the dock at the Port of Oakland Friday, believing it was set to pick up weapons and
MUMBAI : Union Minister of Ports, Shipping & Waterways and AYUSH Shri Sarbananda Sonowal flagged off the maiden voyage of the vessel Costa Serena, the first International Cruise Liner in India from here. Speaking
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday reported a 48 per cent growth in cargo handling at seaports it operated in October. The billionaire Mr. Gautam Adani’s firm handled
MUMBAI : JSW Infrastructure Ltd has ventured into the container train operations business by acquiring the container train operator (CTO) license of Sical Multimodal and Rail Transport Limited from Pristine Logistics & Infraprojects Pvt Ltd. “The Board of
NEW DELHI : Container Corporation of India (CONCOR) on November 3 said that it plans to surrender a portion of land at its inland container depot (ICD) in Tughlakabad (Delhi) in a bid to
NEW DELHI : To review the status of PM GatiShakti adoption and discuss the way forward for District/Local level adoption of PM GatiShakti principles for infrastructure planning, a webinar with the Senior Officials from