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February 11, 2021

A.P. Moller – Maersk delivers strong transformation progress and results in 2020

Shipping Line, Trending News
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
February 11, 2021

Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector : Rajiv Agarwal

Ports, Trending News
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
February 11, 2021

SCI reported profit of Rs. 103.30 crore in the Third quarter of FY 2020-21

Shipping, Trending News
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
February 11, 2021

Parliament passes landmark Major Port Authorities Bill, 2020

Ports, Trending News
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
February 11, 2021

Kerry Logistics takeover by SF Holding creates ‘biggest logistics group in Asia

Logistics, Trending News
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
February 10, 2021

FIEO organised Online Interaction on “Exports scenerio (including Budget changes)-Challenges and the Way Forward”

Export - Import, Trending News
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
February 10, 2021

Bangladesh, India for four more ports of call

Ports, Trending News
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)
February 10, 2021

Adani Ports & SEZ Q3 consolidated profit up 16% to Rs 1,576 crore

Trade, Trending News
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
February 10, 2021

Sagarmala projects for Andhra Pradesh: Vijayawada

Ports, Trending News
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
February 10, 2021

Amita Prasad,IWAI chairperson stated –in the last decade India has embarked on developing inland waterway ‘Eastern Grid’

Coastal Cargo, Trending News
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
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