Concor privatisation draws interest from DP World, Adani and Vedanta
NEW DELHI : A clutch of global and Indian companies such as DP World, PSA International, Adani Group, Vedanta Group, Gateway Distriparks, Allcargo Logistics and investment behemoth Canada Pension Plan Investment Board (CPPIB) will
Goutham Reddy urges CONCOR to set up container making unit in Andhra Pradesh
AMARAVATI / NEW DELHI : Industries Minister Mr. Mekapati Goutham Reddy on Thursday requested Containers Corporation of India Ltd. (Concor) Chairman and Managing Director, Mr. V Kalyana Rama to set up a container manufacturing
Container freight stations should be allowed to handle more logistics services, domestic cargo
NEW DELHI : As the government is working on a new multi-modal national logistics policy, the Container Freight Stations Association (CFSes Association), whose members have been finding their going tough since 2016, has said
DP World completes the first 10,000 moves in the BoxPay system
DP World, in cooperation in a joint venture called the BoxPay System, with the German SMS Group, which specializes in industrial engineering, announced the completion of the first 10,000 container movements in BoxPay to
Straits Orient Lines Singapore acquires two Container Vessels
SINGAPORE: The Straits Orient Lines Singapore, part of Transworld Group Singapore, has taken delivery of its next Container vessel named M.V SOL PROMISE on 4th March 2021 at Singapore, the company announced recently. SOL
Successful trial run of Double Stacked Dwarf Container Train to JN Port
Railways undertook a successful trial run of double stacked dwarf container train from Mehsana (Gujarat) to JN Port on March 3, 2021. The train with five wagons of double stacked dwarf containers arrived at
The container shortage crisis
The recent Budget has proposed subsidy support to vessels that register in India.More than 85 percent of the world’s total container production happens in China. Exports are the lifeline of an economy. It fuels
Drewry: World Container Index Up 1.1% On Week, 213,9% Higher Than Same Period of 2020
The composite index increased 1.1% this week, however, 213.9% up when compared with same period of 2020. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,246 per 40ft container,