Wan Hai embarks on $200m on secondhand boxship spend as profits surge
TAIWAN : Wan Hai is wasting no time in spending $200m of funding earmarked for investments in the secondhand containership market . The Taiwanese liner operator has purchased
Agility Reports KD 926.9 Million Net Profit for the Third Quarter 2021
3 2021 (Million KD) Q3 2020 (Million KD) Variance (%) 9 months 2021 (Million KD) 9 months 2020 (Million KD) Variance (%) Revenue 124.5 97.5 27.7% 344.7 292.4 17.9% Net
India’s top port operators showed up at Tajpur pre-bid meet
KOLKATA : The top private sector port operators of India, including Adani Ports, DP World and JSW Infrastructure are among the 10 entities who showed up at the
Adani Ports’ self-imposed cargo decision will impact trade : Govt
MUMBAI : The Customs Department has asked Adani Ports and Special Economic Zone (APSEZ) to “re-examine” its decision to stop handling export-import (EXIM) containerised cargo originating from Iran,
India continuing smaller share in International shipping
AHMEDABAD : India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in
Digital initiatives launched by Customs Dept for examination of cargo
NEW DELHI : The Central Board of Indirect Taxes and Customs on Thursday launched an online application for scheduling examination of import cargo for traders at inland container depot Tuglakabad
Railways Minister Shri Ashwini Vaishnaw says that railways to be highly profitable in coming 5-6 yea
NEW DELHI : Railways will be “highly profitable” in coming 5-6 years with its ongoing transformative initiatives, Railway Minister Shri Ashwini Vaishnaw said on Thursday. The minister exuded confidence
HMM hits US$1.95 billion record Q3 profit
The South Korean shipping company HMM has reported an astronomical spike of 9,239.8% in net profit of the third quarter of the year, compared to the same period
Supply chain crisis gives once invisible shipping industry record profits and new adversaries
YIWU, China : Consider the plight of Xu Yaping’s flimsy swords and knockoff Barbies. Exported from the International Trade City here, a wholesale market the size of 1,000
Pandemic, supply chain, and more — how quickly is the shipping industry rebounding after global di
COVID-19 took the world to a near standstill, slowing down major sectors, including the transportation sector. According to a report by Statistica, the global airline industry lost an