VOC Port unveils massive capacity augmentation plans
THIRUVANANTHAPURAM : The V.O. Chidambaranar Port, as part of its plan to increase its cargo handling capacity to 50 million tonnes per annum, has unveiled a range of
DP World powers Nhava Sheva Terminals with 11 MW Green Energy, Cuts CO2 Emissions by 50%
MUMBAI : DP World, a leading global provider of smart end-to-end supply chain solutions, has successfully executed the open access sourcing of green power at its Nhava Sheva
CBIC approves Customs House at Surat Diamond Bourse
SURAT : Surat Diamond Bourse(SDB) stated, all necessary formalities were finalized on Tuesday. The customs house, which occupies an area of 40,000 square feet, is now ready for
Uttar Pradesh government to set up 33 logistics clusters across 30 dists
LUCKNOW : The Uttar Pradesh government, with the aim of accelerating industrial development, has initiated the process to establish 33 Integrated Manufacturing and Logistics Clusters (IMLCs) along expressways
Govt to set up credit guarantee fund for small businesses in next 100 days : DFS Secretary
NEW DELHI : The union government plans to set up a credit guarantee fund for micro, small and medium enterprises (MSMEs) in the next 100 days, Mr. Vivek
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity
India-made telecom equipment now being exported to more than 100 nations
NEW DELHI : Designed and manufactured in India, telecom equipment are now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom
Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline
GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP)
Unifeeder overtakes CMA CGM as second largest intra-Europe operator
AARHUS : Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions, according to Alphaliner’s Report. The DP World subsidiary now operates
Ocean Network Express released Financial Result for FY2024 1st Quarter
SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 1st Quarter (from April 2024 to June 2024). The revenue for FY2024 1st quarter was US$4,211million,
