COPENHAGEN: 2020 has been another year of solid progress for A.P. Moller – Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew
MUMBAI: “The Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector. The bill will provide regulation, flexibility and self-governance to the Major Ports of
MUMBAI: The Shipping Corporation of India Limited (SCI) declared its financial results for the third Quarter of FY 2020-21 on 5th February, 2021 and posted a Profit after Tax (PAT) of Rs.103.30 crores and
NEW DELHI: Parliament has passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now the
Chinese express giant SF Holding is to acquire a 51.8% stake in Hong Kong’s Kerry Logistics Network – a landmark $2.3bn deal creating the “biggest logistics group in Asia”. In a filing to the
No country has ever achieved a GDP growth of 8% or more on sustained basis without double digit growth in exports. All those years in which India exhibited 8% plus GDP growth were the
India and Bangladesh are now in talks to add four more ports of call in order to bolster bilateral trade through coastal routes, officials have said. The proposed ports are Matarbari Port (Cox’s Bazar)
Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 16.22 per cent increase in its consolidated profit to Rs 1,576.53 crore for the third quarter. Adani Ports and Special Economic Zone
11 rail and road projects with an investment of ₹10,150 crore are being built under Sagarmala. Union Minister of State for Ports, Shipping & Waterways Mansukh Mandaviya said in reply to a question posed
India has embarked on developing inland waterway ‘Eastern Grid’,a system of multi-modally interconnected waterways and coastal routes. A mandatory clause for the movement of certain commodities through waterways as a commodity-based approach will lead