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March 15, 2021

Port of Antwerp sees strong growth in Reefer segment in 2020

Ports, Trending News
ANTWERP: The reefer market saw worldwide growth in 2020. The port of Antwerp outperformed the global trend in this market segment with its growth figures. The increased volume of reefer containers in Antwerp is
March 15, 2021

India’s Crude Import Strategy to Benefit the Tanker Market

Export - Import, Trending News
An increase in ton-mile demand is to be expected from news mid-week, that India is looking to change its crude import strategy. In its latest weekly report, shipbroker Gibson commented on the matter that
March 15, 2021

Adani Ports wins Rs310 crore dredging deal from Deendayal Port Trust

Ports, Trending News
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 dredging contractor
March 13, 2021

Adani Ports’ Credit Profile Not Affected by Gangavaram Port Acquisition

Ports, Trending News
There is no credit impact on Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Negative, underlying credit profile: bbb) from its proposed acquisition of a minority 31.5% stake in Gangavaram Port Ltd. (GPL) from
March 13, 2021

Tax cuts on fuels can reprieve the road freight segment

Logistics, Trending News
Struggling to make a come back after being hit by the pandemic, the road freight segment is now grappling with the ever-increasing high diesel prices. As per reports, the constant rise in fuel prices
March 13, 2021

Shri S.K. Mehta, IFS, Chairman DPT, inaugurated the Pre-Primary School Building of Sadhu Hiranand Navalrai Academy English Medium School at Adipur

CSR, Trending News
Shri S.K. Mehta, IFS, Chairman DPT today inaugurated the newly constructed Pre-Primary School Building of Sadhu Hiranand Navalrai Academy English Medium School at Adipur.
March 12, 2021

National logistics policy at the ‘near-finalisation stage’: Special Secretary Logistics

Logistics, Trending News
The Commerce Ministry will soon be sending the draft National Logistics Policy to the Cabinet seeking approval for the same, Pawan Agarwal, Special Secretary Logistics, Ministry of Commerce informed. The Policy which was first proposed by the
March 12, 2021

Singapore becomes first country to ratify key global navigation convention

Maritime, Trending News
Singapore this week ratified the Convention on the International Organization for Marine Aids to Navigation. It is the first country to do so shortly after it signed the Convention on March 1, 2021. Ratifying
March 12, 2021

IAPH elect Capt Subramaniam as President for 2021-2023

Ports, Trending News
IAPH regular and honorary members voted last month to elect Karuppiah Subramaniam, General Manager of Port Klang Authority, as the President of IAPH for a two-year mandate, commencing in June this year. Capt Subramaniam
March 12, 2021

Freight costs increase over 100%, exporters lose business

Logistics, Trending News
Freight shipping costs have been increasing over the last few months, causing exporters to lose business from several countries. Freight shipping costs have been going through the roof over the last few months, causing
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