Hapag-Lloyd Reports $1.5 Billion Profit in First Quarter 2021
HAMBURG : Germany container shipping company Hapag-Lloyd reported strong start to the year with a net profit of $1.45 billion in the first quarter. This compares to a
India, EU set to resume free trade agreement talks soon, says official
NEW DELHI : India and the European Union will soon start talks for a free trade agreement (FTA), a senior Indian government official said on Wednesday, adding that
CMA CGM Group to set U.S. East Coast and Canada Big Ship Record with the CMA CGM MARCO POLO
The 16,022-TEUs CMA CGM MARCO POLO is the largest container ship to ever call North America’s east coast. This landmark record is the result of a capacity increase
April exports yet again show an impressive performance on the back of extremely good order booking p
NEW DELHI : Reacting to the trade data of April, 2021, Mr Sharad Kumar Saraf, President, FIEO said that the impressive growth reiterates our assessment that order booking
DPT handling cargo smoothly at the Port even amidst adverse and challenging situations like the pand
GANDHIDHAM : Deendayal Port Trust, (DPT) which had handled 116.7 MMT of cargo in last fiscal continue to be the numero uno Major Port of the country for
Pandemic Propels Makeover at Shipping Giant Maersk
COPENHAGEN : Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren
India-China trade grew in pandemic year despite rising barriers
NEW DELHI : Work from home and online classes drove imports of telecom devices and computer hardware; ores, iron and steel, and organic chemicals were top exports from
Allcargo Logistics strengthens board with two new independent Directors, Parthasarathy & Martin
MUMBAI : Allcargo Logistics on Wednesday announced appointment of Mr. V S Parthasarathy and a Swiss national, Mr. Martin Mueller as independent Directors on its board. Parthasarathy was till
Adani Group opens regional headquarters in Singapore
MUMBAI : The Adani Group has opened its regional headquarters office in Singapore with focus on the energy, infrastructure and technology portfolios. Adani Singapore (SG), Country Head Mr.
Exporters raise high input costs, pending export refunds with Piyush Goyal
NEW DELHI : At a meeting with export promotion councils, issues related to high input costs due to rising prices of steel and plastics, release of pending refunds under export incentives and extension of