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March 26, 2021

CONCOR MIHAN flags off KEC’s export rake to Afghanistan

Logistics, Trending News
MIHAN : CONTAINER Corporation of India Ltd having its Multimodal Logistics Park (MMPL) at MIHAN in Nagpur, a public sector undertaking under the Ministry of Railways, added another feather to its cap by flagging
March 26, 2021

Govt hopeful of resolving Iran’s currency issue by next month; export to resume soon

EXPORT, Trending News
NEW DELHI: As India’s export of commodities like sugar to Iran has been hit due to Tehran’s rupee reserves shortage with Indian banks, the government recently said the two nations are negotiating for the
March 25, 2021

Suez Canal blocked after large container ship runs aground

Maritime, Trending News
EGYPT: A large container ship ran aground in Egypt’s Suez Canal on March 23, blocking the crucial international trade artery and causing a major traffic jam of shipping vessels at both ends. Both, the
March 25, 2021

Seacoast development policy on anvil; 225 projects identified: Mandaviya

Maritime, Trending News
NEW DELHI : A policy is on the anvil for development of seacoast and about 225 projects have been identified under it, Union Minister Shri Mansukh Mandaviya said here on Wednesday, 24th March. The
March 25, 2021

HMM Takes Delivery of First 16,000 TEU Containership HMM Nuri

International Shipping, Trending News
SEOUL : HMM has announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been
March 25, 2021

Container shipping’s orderbook-to-fleet ratio rockets up to 15%

International Shipping, Trending News
FRANCE : Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass 15% as shipping lines pile on the tonnage with Alphaliner suggesting IMO’s
March 25, 2021

ZIM Reports Financial Results for the Fourth Quarter and Full Year 2020

International Shipping, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd. ,a global container liner shipping company, on Monday, 22nd March 2021 announced its consolidated results for the three and twelve months ended December 31, 2020. Fourth Quarter and Full
March 24, 2021

Concor Chairman V Kalyana Rama says privatisation will not change company’s basic structure, operations

Logistics, Trending News
Chairman of the Indian Railways subsidiary and one of the most hyped candidates lined up for strategic sale by the government, said it may see a 5 percent drop in revenue during the current
March 24, 2021

Supply bottlenecks leave container ships stranded

International Shipping, Trending News
NEW YORK : Due to the COVID-19 outbreak, a trade bottleneck has left US businesses in a perplexed situation as they await goods from Asia — while off the coast of California, dozens of
March 24, 2021

Adani Ports to acquire additional 58.1% stake in Gangavaram Port

Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) has announced it will acquire the 58.1% stake held by D.V.S. Raju and family in Gangavaram Port Limited (GPL) for ₹3,604 crore. The deal is
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