Suez Canal Authority Holding Ever Given Over $916 Million Compensation Claim
CAIRO,(Reuters) – A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million
Record container carrier profits on course to extend for a further two years
BEIJING : After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that in Q1 this
India to manufacture containers in Bhavnagar, eyes Rs 1,000 cr investment: Mansukh Mandaviya
NEW DELHI : Eyeing indigenous production of containers amid a global surge in demand, the Centre is looking to develop Bhavnagar in Gujarat as a container hub and
Coffee Day unit Sical Logistics faces insolvency proceedings
YES Bank has claimed Rs 173 crore, while IDFC First Bank has claimed Rs 121 crore, as per the company’s latest filings.The order is based on a payment
Cargo handling at top-12 ports falls 4.59 per cent to 673 MT in FY21
NEW DELHI : Hit by disruptions caused by Covid-19, India’s 12 major ports witnessed a 4.59 per cent fall in cargo handling to 672.60 million tonnes (MT) in
Chabahar Port likely to be declared operational by May as India accelerates work: Report
IRAN : Even though the Trump administration gave India the ‘Afghanistan reconstruction’ exception from its punitive Iranian sanctions, India largely stopped work on the project until late 2020.
Rate hikes and new charges show Mundra Port’s ability to dictate terms
However, shipping lines have opposed the hike in marine charges at Mundra MUMBAI : Mundra Port, India’s biggest commercial port by volumes and the flagship of Adani Ports
Concor calls EoI from prospective local Container Manufacturers
State-run rail hauler Container Corporation of India Ltd (Concor) has called expression of interest on wednesday from prospective local container manufacturers. NEW DELHI : The Container Corporation of
India’s first cargo shipment of crude oil has arrived at Mundra Port from Guyana
MUMBAI : India’s first cargo from Guyana, a million-barrel shipment of crude oil has arrived at Mundra Port.Equipped with two single point mooring facilities,Mundra Port is capable to
DP World Mundra Terminal handles over 13 million TEUs & 10mn containers since 2003,first in Guj
MUMBAI : Global Logistics Company DP World operated Mundra International Container Terminal (MICT) has set yet another record for being the first container terminal in Gujarat to successfully