PM Modi congratulates new Singapore PM Lawrence Wong
NEW DELHI : Prime Minister Shri Narendra Modi on Wednesday evening congratulated new Singapore Prime Minister Lawrence Wong, who took over as the city-state’s first new prime minister
CONCOR CMD visits Taiwan and Japan, interacted with Trade representatives
NEW DELHI : Shri Sanjay Swarup, CMD of Container Corporation of India Ltd (CONCOR), interacted with representatives from leading shipping lines and Freight Forwarders in Taiwan to apprise
India’s merchandise trade deficit rises to a four-month high of $19.1 billion in April
NEW DELHI : India’s merchandise trade deficit expanded to $19.1 billion in April, Commerce Secretary Sunil Barthwal said on Wednesday. India’s trade deficit had narrowed to $15.6 billion in
Adani Ports Mundra enhances global connectivity with ONE WIN Service
MUNDRA : Adani Mundra Port handled the inaugural vessel call of the WIN Service of Ocean Network Express (ONE) line. This new service aims to enhance the connectivity
MoRTH hits 20% of capital expenditure target in April 2024
NEW DELHI : Despite being slow on award of projects in the second half of 2023, the Ministry of Road Transport and Highways (Morth) continued with front-loading of
Adani Ports’ revenue projected at Rs 50,000 crore in next four years
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. surpassed its guidance for cargo, revenue, and Ebitda in fiscal year 2024. These metrics continued to grow in the
Hapag-Lloyd with good start to 2024 in first quarter of year
HAMBURG : Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million(EUR 868 million). Compared to the same quarter of the previous year,
HMM reports strong first quarter financial results
SEOUL : South Korea’s major ocean carrier HMM achieved increased revenue and profits in the first quarter of the year. In particular, the company reported US$1.7 billion in
ICTSI plans to build $800 million container terminal in the Philippines
PHILIPPINES : International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas. The new $800 million terminal will be the largest privately
Red Sea crisis sees 2M separation go into reverse
SANNA : Following the announcement of the dissolution of the 2M Alliance the division of services was rapid, but since the beginning of this year the collaboration has
