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February 7, 2025

Maersk reports third-best financial year

International Shipping, Company, Shipping Line, Trade, Trending News
COPENHAGEN : A.P. Moller – Maersk reports strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65% to USD 6.5 billion. Results were driven by higher
February 7, 2025

Asian Paints and Mahindra Logistics partner for Integrated Transportation Solutions

Logistics, Company, Trade, Transport, Trending News
MUMBAI : Mahindra Logistics Limited, one of India’s largest integrated logistics solutions providers, on Thursday announced its partnership with Asian Paints for integrated transportation solutions. Through this partnership Mahindra Logistics will deploy a network
February 7, 2025

APEDA’s financial assistance schemes boost 47.3% surge in India’s fruit and vegetable exports

EXPORT, Trade, Trending News
NEW DELHI : The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of
February 7, 2025

2,474 km length National HSCs / Expressways have been operationalised under PM – Gati Shakti National Master Plan

Logistics, Infrastructure, Trade, Transport, Trending News
NEW DELHI : The Government in Ministry of Road Transport and Highways (MoRTH) is primarily responsible for development and maintenance of National Highways (NHs), including National Expressways. All the NHs development projects, including development
February 7, 2025

Transits through the Panama Canal down 10% : BIMCO

International Shipping, Foreign Ports, Shipping Line, Trending News
LONDON : “Between September 2024 and January 2025, ship capacity in deadweight tonnes transiting through the Panama Canal was 10% lower than the 2019-22 average. Although there were no transit restrictions during this period,
February 7, 2025

JAXPORT growth outlook includes business diversification, new trade lane connectivity

Foreign Ports, Trade, Trending News
JACKSONVILLE : During Thursday’s State of the Port address, Jacksonville Port Authority (JAXPORT) Chief Executive Officer Eric Green and Chief Commercial Officer Robert Peek discussed how the port’s business diversification, increased global connectivity, and ongoing terminal upgrades
February 7, 2025

Inmarsat Maritime signs expanded agreement with Maersk to enhance Global fleet Connectivity

Maritime, International Shipping, Shipping Line, Trade, Trending News
LONDON : A.P. Moller – Maersk (Maersk), one of the world’s largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk’s global fleet
February 7, 2025

Klaipėda Port quays – platform for offshore wind energy

Foreign Ports, Trade, Trending News
KLAIPEDA : Klaipėda Port Authority starts constructing the infrastructure for the offshore wind energy projects – the contract was signed for the reconstruction of quays on Smeltė peninsula, which will ensure smooth assembly, handling
February 7, 2025

Baltic index rises for fifth straight session on stronger panamax, supramax rates

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth straight session on Thursday, boosted by gains in panamax and
February 6, 2025

Ashwini Kumar, IAS given additional charge as the Principal Secretary, Ports & Transport Department, Government of Gujarat

Maritime, Ports, Trade, Trending News
GANDHINAGAR : Shri Ashwini Kumar, IAS (1997 batch, Gujarat cadre), has been given the additional charge as the Principal Secretary, Ports & Transport Department, Government of Gujarat, in addition to his regular charge as
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