Concor’s land licence fee pay-out for FY21 goes through the roof
Concor paid about Rs 600 crore to the Railways Ministry on Wednesday as land licence fee (LLF) for FY21, about 4.5 times more than the Rs 140 crore
Forwarders should move quickly on Ever Given GA, but legal wrangle looms
LONDON :The British International Freight Association (BIFA) has urged forwarders with cargo on board the Ever Given to begin General Average (GA) procedures with their shippers. The vessel’s
N Europe – Asia exporters face near 80% container capacity drop
Exporters from Europe and the Med will see a sharp drop in container shipping capacity this week due to knock-on effects of the Suez Canal closure, then followed
Mundra pips JNPT to become India’s biggest container port
Mundra is the flagship port of Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator Mumbai : . Mundra Port, India’s biggest commercial port
NMPT pact with IOCL for bunkering facility
New Mangalore Port Trust on Tuesday signed an agreement with Indian Oil Corporation Ltd to provide bunkering facilities for vessels. Mangalore :A press release by NMPT said that
Adani group combined market cap tops $100 billion
Currently, only Tata group, HDFC group and Mukesh Ambani-led Reliance group have higher market cap at the group level .The combined market cap of Adani group companies has
CSSC bags $1.5bn containership newbuilding orders
China State Shipbuilding Corporation (CSSC) has announced its largest containership contract for the construction of thirteen 16,000 teu boxships at a total cost of over CNY10bn($1.5bn). Asia :The
Customs authorities launch drive to clean up key Indian ports
Customs authorities have launched a drive to clean up key ports in the country where potential explosive material that arrived on Indian shores as part of scrap imports
Flipkart partners with Mahindra Logistics for green last-mile delivery
EDel by Mahindra Logistics is a last-mile delivery cargo service on electric vehicles. EDel provides multiple offerings, including package & trip-based services Bangalore: Flipkart today announced that it
Shipping major Wilhelmsen switches focus to renewables
Wilhelmsen, one of Norway’s best known shipping brands, is having a major change of focus, going all out for renewables. Norway :“Our strategy is very clear, we will
