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May 6, 2023

A.P. Moller – Maersk inaugurates its first warehouse & distribution facility in Cape Town, South Africa

Logistics, Trending News, warehouse
CAPETOWN : A. P. Moller – Maersk (Maersk), a global integrator of logistics, today inaugurated its first warehousing & distribution (W&D) facility in Cape Town, South Africa. Present at the inauguration were Ryan Best,
May 6, 2023

AD Ports Group to expand Khalifa Port to include drydock services

Foreign Ports, Trending News
ABU DHABI : AD Ports Group, the operator of industrial cities and free zones, plans to further expand Khalifa Port to include drydock services as it seeks to meet growing demand from regional and international
May 6, 2023

Britain to start free trade with New Zealand and Australia

Export - Import, Business, COMMERCE, Trade, Trending News
LONDON : Britain’s free trade agreements with New Zealand and Australia will come into force by the end of this month, the leaders from the three nations said Friday. The announcement came while the prime ministers
May 5, 2023

Sarbananda Sonowal reviews progress of India’s first International MMLP in Assam

Logistics, Trending News
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal visited the construction site of India’s first International Multi Modal Logistics Park (MMLP) in Jogighopa, Assam to review the progress on
May 5, 2023

Customs system glitch chokes shipments at ports pan India, traders pay heavy demurrage charges

Customs, Trending News
NEW DELHI : Several shipments have been stuck at Indian ports due to glitches in the customs IT system, leading to importers paying heavy demurrage charges. According to trade reports, shipments worth Rs 3,000-5,000
May 5, 2023

SMP Kolkata flags off first trial movement of cargo ship to Myanmar

Ports, Foreign Ports, Trending News
KOLKATA : A cargo ship was flagged off on Thursday from Syama Prasad Mookerjee Port (Kolkata) on a trial run to a facility at Sittwe in Myanmar which is funded by India as part
May 5, 2023

APSEZ records its highest-ever monthly cargo volume in Apr’23 at 32.3 MMT

Trending News, Company, Logistics, Ports, Trade
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India and a part of the diversified Adani Group, handled 32.3 MMT of total cargo in April 2023,
May 5, 2023

A.P. Moller – Maersk reports solid Q1 results

International Shipping, Shipping Line, Trending News
COPENHAGEN : A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes across all segments. Revenue declined by 26% to
May 5, 2023

APSEZ sells Myanmar Port for USD 30 million

Ports, Company, Foreign Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has concluded the Myanmar Port sale for a total consideration of USD 30 million. In May 2022, APSEZ had announced signing of a Share
May 5, 2023

India’s exports likely to touch $900 billion in FY24

EXPORT, Trending News
NEW DELHI : India’s exports of goods and services could touch $900 billion in the current financial year, up from $770 billion in the previous year, keeping resilient despite global headwinds, a top official
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