HAMBURG : Hapag-Lloyd opens a new office in Romania. Bordering five European countries and with direct access to the Black Sea, Romania is an attractive growth market for Hapag-Lloyd and takes up a strategic
SHANGHAI : Cosco Shipping Ports achieved a year-on-year increase of 11.2% in its gross profit for the first quarter of the year, reaching US$89.9 million. At the same time, the company’s Q1 revenue decreased by
LONDON : Global Ports Group aims to create its own container fleet, consisting of 4,000 specialised boxes that will be used to transport, store and handle bulk cargo. With this equipment and in partnership
SINGAPORE : ESG-focused digital maritime platform, RightShip, announce RightSTORE, a self-service e-commerce platform providing access to RightShip data in accessible products. As part of its commitment to democratizing data for the maritime industry, RightSTORE will
FRANCE : Container ro-ro ships, which carry containers, vehicles and other rolling cargos, are becoming a rarity due to the dearth of such vessel orders in recent years, according to Alphaliner’s latest report, released
NEW DELHI : Speaking on the second day of the Republic Summit, Union Minister of Road, Transport, and Highways, Shri Nitin Gadkari, stressed the need to reduce the logistics cost in a bid to
AHMEDABAD : Handling about a quarter of India’s port cargo and generating customs receipts worth over ₹80,000 crore for the government, Adani Ports and Special Economic Zone (APSEZ) has a lot riding on it and are
AHMEDABAD : Global logistics major DP World on Tuesday said it has launched double-stack train services from Mundra port to its Ahmedabad inland terminal in Gujarat. “The double-stack train service will further boost the
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has approved the upgradation of RVNL( Rail Vikas Nigam Limited) to Navratna CPSE. RVNL will be the 13th Navratna amongst the CPSEs,” Department of Public Enterprises
NEW DELHI : Industrial & Logistics (I&L) sector leasing grew 26% year-on-year (YoY) to 8 million square feet (msf) in January-March 2023, while supply rose 28% YoY to 7.6 mn sq ft, according to