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November 8, 2023

Deendayal Port Authority sign MoU with Statkraft for green hydrogen sites at Kandla Port

Ports, Shipping, Trending News
GANDHIDHAM : Deendayal Port Authority (DPA) and Statkraft, renewable energy developer, said they have signed a non-binding Memorandum of Understanding (MoU) to work on suitable sites for setting up green hydrogen production at Kandla
November 8, 2023

Gateway Distriparks Q2FY24 Consolidated PAT Up 23.47% QoQ To Rs 73.5 Crores

Container, ICD, Logistics, Railway, Trending News
NEW DELHI : Gateway Distriparks Limited (GDL), a leading integrated inter- modal logistics facilitator in India, announced its financial results for the July to September quarter of the current financial year. Total Throughput (TEUs)
November 8, 2023

Ship terminal to come up at Mangaluru old port in Bunder soon

Ports, Terminal, Trending News
MANGALURU : A well-equipped ship terminal is going to be constructed at the old fishing port (Bunder) in the Mangaluru city in order to improve union territory Lakshadweep and Mangaluru. The project is approved
November 8, 2023

Tata Steel CEO & MD T V Narendran concerns over India’s rising steel imports

Import, Business, Global Trade, Trade, Trending News
NEW DELHI : India being a net importer of steel is a matter of concern, Tata Steel CEO & MD T V Narendran said Tuesday. The government has assured of intervention, if the imports
November 8, 2023

Maersk doubles down on growth and Omnichannel Fulfilment in Australia with opening of seven new facilities

Warehousing, International Shipping, Logistics, Shipping Line, Trending News
MELBOURNE : A.P. Moller-Maersk is strengthening its Omnichannel-Fulfilment capabilities in Australia, with the opening of seven new facilities across the country. As the integrated container and logistics company celebrates its 30th anniversary in Australia,
November 8, 2023

AD Ports Group acquires 10 offshore vessels for around US$200 million

Foreign Ports, International Shipping, Shipping, Trending News
ABU DHABI : AD Ports Group a global leader in trade, logistics and industry, announced the purchase of 10 offshore vessels, that will bolster offshore operations in the Middle East and Southeast Asia.  The
November 8, 2023

ONE strengthens global presence with terminal aquisitions in the US West Coast and Rotterdam

International Shipping, Shipping Line, Terminals, Trending News
SINGAPORE : Ocean Network Express (“ONE”) is pleased to announce it has obtained all necessary regulatory approvals and completed its acquisition of a 51% stake in each of TraPac LLC (“TraPac”) and Yusen Terminals
November 8, 2023

PIL China announces new Managing Director

International Shipping, Shipping Line, Trending News
BEIJING : PIL has announced the retirement of Klaus Ku, Managing Director of PIL China and stepping into the role will be Anderson Luo, who previously worked for Maersk. The company said that since
November 8, 2023

Israel-Hamas war makes way for 1 lakh Indians to replace Palestinian workers

Trade, Business, Global Trade, Trending News
NEW DELHI : Israeli Builders Association has urged the government to allow companies to hire up to 100,000 Indian workers to replace almost equal number of Palestinians who have lost their work permits amid
November 8, 2023

AI sets the tone for Europort Opening Summit

International Shipping, Maritime, Technology, Trending News
ROTTERDAM : Exploring artificial intelligence in the maritime industry, the Opening Summit of Europort 2023 set the scene for a four-day event expected to welcome upwards of 25,000 visitors and more than 1,000 exhibitors
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