QUEBEC (CANADA) : The Port of Montreal has decided to spend over US$245 million (CA$335 million) in its new five-year investment strategy for infrastructure on Montreal Island. These investments are required to solidify the
ROTTERDAM : Container throughput fell by 5.5% at the port of Rotterdam in the previous year, reaching 14,455,000 TEUs. According to the Port of Rotterdam Authority, the main cause of the container volume decline
RIGA : A fire broke out in the engine room of the Dutch-flagged container ship Escape, while it was sailing in the Gulf of Riga in Latvia on 22 February. All the crew members
NEW DELHI : The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of less than 10 per cent, Union
The Multi-Modal Logistics Park is developed in partnership with Contrans Logistic Pvt. Ltd. It will offer state of the art warehouse facility to the trade. PIPAVAV : APM Terminals Pipavav is committed to strengthen
MUMBAI : Allcargo Logistics stated that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics
MUMBAI : Express Global Logistics Pvt. Ltd. (EXG), a 77-year-old asset based integrated project logistics company and Fagioli SpA, among the sector world leaders in engineering and large handling, with more than 50 years’
GANDHINAGAR : Singapore-based RBB Ship Chartering Pte Ltd has become the first ship leasing operator at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. RSCPL (IFSC) Private Ltd, a 100 per cent
MUMBAI : Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run their ships, per a proposal mooted by the Directorate General of Shipping
NEW DELHI : The supply-side challenges can be addressed by measures like promoting R&D in non-tractor farm machinery and encouraging exports and FDI India needs a vision for the next 15 years to convert