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August 5, 2021

GSBN inks collaboration deal with China’s major shipping port groups

International Shipping, Trending News
TAIWAN : The Global Shipping Business Network (GSBN), a trade data utility platform powered by blockchain, signed a Memorandum of Understanding (MOU) with eight major shipping port groups in China to accelerate the digital
August 5, 2021

Shipping braces as China goes into lockdown mode

International Shipping, Trending News
Shipping will need to start to make contingency plans if cases of Covid-19 continue to escalate in China, the world’s most important nation for shipping movements. The delta variant has broken through the country’s
August 4, 2021

JNPT records a growth of 21.15% in July in cargo handling

Ports, Trending News
MUMBAI : Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15% as compared to the
August 4, 2021

Adani Ports achieves highest ever quarterly volume growth of 83% , continues to get stronger

Ports, Trending News
Highest YoY quarterly growth of 83% against all India cargo growth of 33%. Achieved 76 MMT cargo volume. Market share in All India cargo increased by 310 bps to reach 28.6%  Market share in
August 4, 2021

Maersk reports record Q2 results, expects even better Q3

Shipping Line, Trending News
COPENHAGEN : A.P Moller Maersk has reported unaudited revenue of US$14.2 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$5.1 billion and earning before interest and taxes (EBIT) of US$4.1 billion for
August 4, 2021

PM Modi launches digital payment solution e-RUPI

Technology, Trending News
eRUPI voucher will help everyone in targeted, transparent and leakage free delivery, said Narendra Modi NEW DELHI : Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific cashless
August 4, 2021

172 projects worth over Rs 88,000 crore completed under Sagarmala programme

Maritime, Trending News
NEW DELHI : Under the Sagarmala Programme, 172 projects worth Rs 88,235 crore have been completed, and 235 projects worth Rs 2.16 lakh crore are under implementation. Further, 395 projects worth Rs 2.48 Lakh
August 4, 2021

Adani forms holding firm in Singapore to invest in global ports

Ports, Trending News
MUMBAI : Adani Ports and Special Economic Zone Ltd (APSEZ) has set up a wholly owned holding company in Singapore to pursue potential port opportunities globally as India’s biggest private port operator seeks to
August 4, 2021

PSA Group launches inaugural Sustainability Report

Maritime, Trending News
SINGAPORE : PSA International Pte Ltd. has announced the launch of the first Sustainability Report 2020 to enhance its sustainability performance. The report named “Green Horizons: Enabling a Better World Through Sustainable Port and
August 4, 2021

Adani, Essar, queue up for govt’s Rs 2,500 cr-plan to develop ports

Ports, Trending News
MUMBAI : The government’s Rs 2,500 crore-plan to use private players to develop seven operational cargo berths run by state-owned ports has got a thumbs up from the industry. VO Chidambaranar Port Trust(VOC) and
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