PSA Group’s volume & revenue up in 2020
SINGAPORE : PSA International Pte Ltd (PSA) handled 86.6 million TEUs in the year ended December 31, 2020, representing an increase of 1.7% from the previous year. PSA Singapore contributed 36.6 million TEUs, a
DP World announces resilient financial results for 2020
DUBAI : DP World Limited announces robust financial results for the year ended 31 December 2020. On a reported basis, revenue grew 11.0% to $8,533 million and adjusted EBITDA grew 0.4% to $3,319 million
India places faith in Adani Group to build strategic box terminal in Colombo port
NEW DELHI : When India struck a government-to-government deal with Sri Lanka to build and run the West Container Terminal (WCT) at Colombo port to check China’s growing clout in the region, it turned
Gujarat’s Alang ship breakers’ business boosts due to global trade slowdown
BHAVNAGAR : The Indian ship-breaking industry is sailing towards a 10 per cent revenue growth this fiscal on-year owing to improved availability of condemned vessels and higher rates for steel scrap, says a CRISIL
Marine Aids to Navigation Bill introduced in Lok Sabha
NEW DELHI: With technological changes taking place at a fast pace in marine navigation, a bill to provide for a fresh framework to establish and manage vessel traffic services was introduced in Lok Sabha
APM Terminals launches two further APIs this month
APM Terminals launched two further APIs this month and increased the number of terminals providing real-time data via its APIs. The company believes that if other supply chain partners followed this lead, it could
JNPT highlights the importance of developing Mega ports with world-class infrastructure
‘Maritime India Summit 2021’ to help Indian ports set international collaboration – Mumbai, March 05, 2021: The three day long, ‘Maritime India Summit 2021’ concluded yesterday with great enthusiasm and fervour, also with new hope
AP will have 3 new Greenfield ports by 2023: CM Jagan Mohan Reddy
Andhra Pradesh will have three functional Greenfield ports by 2023 creating an additional capacity of at least 100 million tonnes cargo per annum, according to Chief Minister YS Jagan Mohan Reddy. He was addressing