DSV and Saudi Arabia’s NEOM establish $10bn logistics joint venture
COPENHAGEN : DSV and Saudi Arabia’s ‘NEOM’ special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM Projects. The JV will
Strengthened cooperation between WCO and OECD : An updated Memorandum of Understanding signed
BRUSSELS : The World Customs Organization (WCO), represented by its Secretary General, Dr. Kunio Mikuriya, and the Organisation for Economic Co-operation and Development (OECD), represented by its Secretary General
Govt crafts innovative scheme to boost Coastal Shipping
NEW DELHI : The government is weighing an innovative plan to promote coastal shipping by introducing integrated public-private-partnership (PPP) port projects at major ports by clubbing vessel acquisition with viability
Piyush Goyal attends 7th Future Investment Initiative
RIYADH : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal attended the 7th Edition of Future Investment Initiative (FII)
Vizhinjam Seaport will be opened on industrial basis from May : Ahamed Devarkovil
KOCHI: Minister for Ports, Kerela Shri Ahamed Devarkovil in a press conference said that Vizhinjam port will be opened on an industrial basis by May 2024. “Vizhinjam has
JSW Infra in talks to buy SP Group arm Gopalpur Ports for Rs 3,000 crore
GOPALPUR : JSW Infrastructure is in talks to buy Shapoorji Pallonji’s (SP) ports arm, Gopalpur Ports, at an estimated enterprise value of 3,000 crore that includes the company’s
Mahindra Logistics reports standalone PAT of Rs 19 crore in Q2 FY24
MUMBAI : Mahindra Logistics Ltd on Monday reported 73 per cent growth year-on-year in standalone Profit After Tax (PAT) at Rs 19-crore in the September quarter of this
FFFAI and Escola Europea ink agreement to promote Training and Digitised Port Community in India
MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) and the Escola Europea de Short Sea Shipping, AEIE (EEIT) signed a memorandum of understanding On October
Surat Diamond Bourse houses India’s largest Customs Clearance Center
SURAT : The Surat Diamond Bourse (SDB), a colossal architectural masterpiece and the world’s largest office building, is set to elevate India’s diamond export industry to new heights. Not only
Gujarat govt inks MoUs with 8 developers for Rs. 7460 crore investment in three cities
AHMEDABAD : 8 developers signed Memorandums of Understanding (MoUs) proposing investment of Rs. 7,459.68 crore in Gujarat in Ahmedabad, Vadodara and Surat cities for commercial and residential projects