MUMBAI : Brokerage firm CLSA has an ‘Outperform’ rating for Adani Ports. As per the brokerage, because of the Yangon container terminal (YCT) controversy the company has got reputational risks, such as its removal
Egypt seizes Ever Given with 25-member Indian crew, demands $900 million compensation The Suez Canal Authority said the amount was calculated on the basis of ‘losses incurred by the grounded vessel’ along with ‘flotation
EGYPT : Arrest procedures have been initiated against shipping vessel MV Ever Given, which had blocked Egypt’s Suez Canal and crippled world trade for nearly a week. The news was confirmed by a spokesperson
Visakha Container Terminal (VCT) has set a new ship productivity record of 110 moves per hour while handling the CHX service vessel Mexico VISAKHAKHAPATNAM : Visakha Container Terminal (VCT) has set a new ship
GENEVA ; The Mediterranean Shipping Company will pip AP Moller Maersk as the world’s largest container line sometime by 2022,when it will eventually have more capacity than Maersk. MSC has been agressively purchasing vessels
Ajay Harinath Singh aligns Darwin Platform Group of Companies with Government’s disinvestment plans after Air India now submits bid for Shipping Corporation Of India MUMBAI : Wealth creation for nation-building as a core value,
HARYANA : Honda Motorcycle & Scooter India (HMSI) on Thursday said it had established an ‘Overseas Business’ expansion vertical for spearheading the company’s efforts of making Indian an export hub. “This major organisational restructuring
The group was reportedly paying over Rs 225 crore to the military-backed Myanmar Economic Corporation in ‘land lease fees’ for a port in Yangon. NEW YORK : New York-based stock exchange S&P Dow Jones
KOCHI : After completing the construction of a Rs 25.7 crore cruise terminal at Kochi, Cochin Port Trust has now been entrusted with the construction of the full-fledged international cruise terminal. After completing the
Some 7.532 million tons of commodities were transited through Iran in the previous Iranian calendar year (ended on March 20) despite the restrictions created by the coronavirus pandemic. IRAN : Some 7.532 million tons