March 16, 2021
February 1, 2026
March 16, 2021
India’s foreign exchange reserves surpass Russia’s to become World’s fourth largest
NEW DELHI: India’s foreign-exchange reserves surpassed Russia’s to become the World’s fourth-largest, as the South Asian nation’s central bank continues to hoard dollars to cushion the economy against any sudden outflows. Reserves for both
March 16, 2021
Adani Ports-led consortium to develop West Container Terminal in Colombo
Adani Ports and Special Economic Zones Ltd (APSEZ), a key subsidiary of the diversified Adani Group, has received a Letter of Intent (LOI) from Sri Lankan authorities for development and operations of (WCT) in
March 16, 2021
Adani Ports wins Rs 310 crore dredging deal from Deendayal Port Trust
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla, Gujarat. India’s biggest private port operator and private
March 16, 2021
Hapag-Lloyd & MAWANI sign first commercial agreement to increase number of containers
RIYADH : Saudi Ports Authority (MAWANI) signed one-year commercial agreement with the leading global liner shipping company Hapag-Lloyd. The agreement is the first commercial agreement aiming at increasing the number of containers in Saudi
March 16, 2021
MSC announces new Asia-USEC service
Mediterranean Shipping Company (MSC) has announced the launch of a new weekly service, the Palmetto, from Asia to the US East Coast. MSC is introducing a new container shipping service in order to fulfil
March 15, 2021
AllCargo likely to bid for CONCOR stakes
Allcargo Logistics is showing interest to bid for the stakes in state-run Container Corp of India. The logistics provider, in order to make the purchase successful, is also in advanced discussions with a foreign
March 15, 2021
CMA CGM Group posts $1.75 bn net profit in 2020,driven by robust momentum in International trade
The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met last week under the chairmanship of Mr Rodolphe Saadé, Chairman and Chief Executive Officer, to review the
March 15, 2021
Exporters benefit scheme RoDTEP stuck in inter-ministerial tangle
The proposed Remission of Duties and Taxes on Exported Products (RoDTEP) scheme seems to be stuck in an inter-ministerial tangle. According to reports, the scheme benefits may not be available for certain export sectors
March 15, 2021