Stage set for takeover of Gangavaram port by Adani
VISAKHAPATNAM : The stage is set for complete acquisition of Gangavaram Port Limited, which owns an ultra modern port here by Adani Ports and Special Economic Zone (APSEZ)
Gati appoints Pirojshaw Sarkari (Phil),former Chief of Mahindra Logistics, as CEO
MUMBAI : Gati Ltd, an Allcargo group company and a premier express logistics and supply chain solutions providers, has announced the appointment of Pirojshaw Sarkari (Phil) as its
Express cargo clearance system launched in Jaipur
JAIPUR : The new facility of Express Cargo Clearance System (ECCS) was launched in Jaipur on Monday by chairman of Central Board of Indirect Taxes and Customs (CBIC).
Exports, FDI and startups fire on all cylinders to get Indian economy back on resilient track
NEW DELHI : Until February 2021, India had only ever had five months where goods exports had surpassed $30 billion. These five months were spread over the preceding
Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil
COPENHAGEN : A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: there isn’t enough used cooking oil to make the biofuel that powers the vessels.
Evergreen buys more containers, re-assigns fleet after profit spike
TAIWAN : Evergreen Marine Corporation announced that it will buy 10,000 containers from Dong Fang International Container (Hong Kong). The Taiwanese shipping group has been expanding its fleet
K-Line installs carbon capture plant
A joint project, dubbed CC-Ocean (Carbon capture on the ocean), between major shipping players has seen the development and installation of the world’s first carbon dioxide (CO2) capture
European Union approves decarbonisation projects
The European Union (EU) has given the green light for a US$138.86 (€118) million investment from the Innovation Fund to be allocated across 32 small projects, including a
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch
UAE launches initiative to protect seafarers’ rights and welfare
DUBAI : The initiative to improve the quality of life of seafarers in the UAE follows a recent Resolution on marine wrecks and non-compliant ships passed the Council