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 year. Cosco Shipping told analysts last
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 has set up pilot projects for
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 default to MOL TOYOFUJI Automotive Logistics,
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 the just-concluded financial year, according to
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. After a brief halt, India accelerated
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 and Special Economic Zone Ltd (APSEZ)
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 Ltd (Concor) has called expression
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 handle very large crude carriers and