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,
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
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
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
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
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
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,
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
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
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