HMM achieves record profits and increased volumes during 2021 H1
HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the company’s revenue
High shipping rates due to demand/supply disruption in container business: Gujarat Pipavav Port
PIPAVAV : Gujarat Pipavav reported its earnings for the June-ended quarter. Jakob Friis Sorensen, MD, Gujarat Pipavav Port discussed the earnings fineprint and outlook. The container business is
Focus is on infra development and overhauling business processes: Minister
‘Goal is to achieve holistic and sustainable development by converging resources’ VIJAYWADA : Minister for Industries and Information Technology Mekapati Goutham Reddy has said that the State government
Coming US infrastructure bill promises port-funding splurge
US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure
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
AP Cabinet gives final nod for govt stake sale in Gangavaram Port to Adani for ₹120/share
MUMBAI : The Andhra Pradesh Cabinet, led by YS Jagan Mohan Reddy, has approved the sale of the State government’s 10.4 per cent stake in Gangavaram Port Ltd
Big rush to set up shop at GIFT city: Deutsche Bank, Citigroup, Zerodha among 24+ applicants
GANDHINAGAR : Nearly two dozen financial institutions including Deutsche Bank, Citigroup, Nippon Life India and Zerodha are set to open shop at GIFT City even as banking transactions at the
Improving India’s logistics sector calls for joint effort
MUMBAI : The draft logistic policy has set ambitious targets. The Central/State govts and the logistics operators have a role to play in achieving them It would be
PM steps in to launch national mission to meet $400 billion export target
NEW DELHI : Prime Minister Shri Narendra Modi on Friday will launch a national effort to achieve the target of $400 billion worth merchandise exports in the current fiscal. India has met
PM to meet Indian missions, exporters, industry on Friday
NEW DELHI : Prime Minister Shri Narendra Modi will on Friday meet India’s missions abroad, export promotion councils and the industry to discuss ways to promote exports and