February 1, 2026
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March 22, 2021

Gradual improvement in imports helping to shore up container shortage issue, says Maersk

Shipping, Trending News
MUMBAI : Mr. Steve Felder, MD, South Asia, Maersk, said that as the lockdown and curfews set in and production stopped, exports dropped sharply almost overnight and it was difficult to move goods around
March 22, 2021

Adani Ports and SEZ to bring rail operations under one platform

Logistics, Trending News
AHMEDABAD: Adani Ports and SEZ Ltd. (APSEZ) is set to form a single subsidiary to bring all its railway operations under one umbrella, sources said. The new platform, known as Adani Track Management Services
March 22, 2021

Exporters may have to wait longer to get RoDTEP benefits

EXPORT, Trending News
NEW DELHI: Exporters will have to wait longer to get incentives under the new Remission of Duties and Taxes on Export Products (RoDTEP) scheme. Sources privy to the development said differences between the Commerce
March 22, 2021

Rules for new dry ports need review: Acto

Logistics, Trending News
NEW DELHI : The government’s move to limit the areas where Inland Container Depots (ICD) can be set up has put a spanner in the plans of private container train operators, prompting them to
March 22, 2021

MOL to Move into Ocean Shipping of Liquefied CO2 Ocean Transport Business

International Shipping, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd., MOL, President & CEO Mr. Junichiro Ikeda recently announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship management company for liquefied CO2 carriers, marking
March 20, 2021

Global Shipping Business Network officially incorporated in Hong Kong

International Shipping, Trending News
HONGKONG : Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions, and has officially started its operations to help accelerate the Digital Transformation of the Shipping
March 19, 2021

Hapag-Lloyd publishes annual report and confirms significant earnings growth for 2020

Trending News, Shipping Line
HAMBURG : Hapag-Lloyd published its annual report with audited business results for the 2020 financial year today. In the reporting year, Hapag-Lloyd’s earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to more than
March 19, 2021

DP World announces resilient financial results for 2020

Maritime, Trending News
DUBAI : DP World Limited announces robust financial results for the year ended 31 December 2020. On a reported basis, revenue grew 11.0% to $8,533 million and adjusted EBITDA grew 0.4% to $3,319 million
March 19, 2021

India places faith in Adani Group to build strategic box terminal in Colombo port

Ports, Trending News
NEW DELHI : When India struck a government-to-government deal with Sri Lanka to build and run the West Container Terminal (WCT) at Colombo port to check China’s growing clout in the region, it turned
March 19, 2021

Gujarat’s Alang ship breakers’ business boosts due to global trade slowdown

Trending News, Ship Building
BHAVNAGAR : The Indian ship-breaking industry is sailing towards a 10 per cent revenue growth this fiscal on-year owing to improved availability of condemned vessels and higher rates for steel scrap, says a CRISIL
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