Gateway Distriparks to spend Rs 180 crore on two Inland Container Depots
NEW DELHI : Gateway Distriparks is betting big on its railway operations and plans to spend Rs 180 crore on two inland container depots by FY25. The company,
Celcius, a cold supply chain marketplace, raises INR 100 Cr in Series A funding, led by IvyC
MUMBAI : Celcius Logistics, India’s fastest-growing cold chain marketplace startup, has successfully completed its Series A funding by raising the total amount of INR 100 Cr, led by
Kerela’s Vizinjam port to be officially known as ‘Vizhinjam International Sea Port’
THIRUVANANTHPURAM : The Kerala government has issued a directive that states Vizinjam Port will henceforth be known as Vizhinjam International Sea Port. The port was being famous as
India’s crude oil imports from Russia now double of traditional top supplier Iraq
NEW DELHI : India now imports twice as much crude oil from Russia as it does from Iraq, the country’s traditional main oil supplier, reaching a new high
Hapag-Lloyd launching new Latin America service
HAMBURG : Hapag-Lloyd is launching a new service connecting ports in Peru and Chile. The WCSA Feeder 4 (WS4) service is set to commence in June and vessels
CMA CGM revises Panama Canal surcharge from Asia to American destinations
MARSEILLE : French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central America &
OOCL’s Q1 revenues down 57.8%
HONG KONG : Orient Overseas International (OOIL) reports a 57.8% drop in revenues for the first quarter of 2023 as the plunge in container freight rates takes its
PIL moves out of Singapore HQ building
SINGAPORE : In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business
Port of Melbourne proceeds with rail project
MELBOURNE : The Port of Melbourne has achieved progress with the Port Rail Transformation Project (PRTP) with the formal launch of a new permanent two-way, single-lane in each
Varanasi to hold fifth regional workshop on PM GatiShakti on April 11
NEW DELHI : Six states including Uttar Pradesh, Haryana, Jharkhand, Bihar, Odisha and West Bengal will participate in the workshop.To bring more vigour and build synergy with all