MUMBAI : India’s top-12 ports witnessed considerable decline in cargo traffic for the eleventh straight month in February to 600.62 million tonnes (MT), according to ports’ apex body
MUMBAI : Mr. Steve Felder, MD, South Asia, Maersk, said that as the lockdown and curfews set in and production stopped, exports dropped sharply almost overnight and it
TOKYO : Mitsui O.S.K. Lines, Ltd., MOL, President & CEO Mr. Junichiro Ikeda recently announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship
HONGKONG : Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions, and has officially started its operations to help accelerate
HAMBURG : Hapag-Lloyd published its annual report with audited business results for the 2020 financial year today. In the reporting year, Hapag-Lloyd’s earnings before interest, taxes, depreciation and
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
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
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
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
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