Indian Railways was able to complete long-pending infrastructure work since the covid-19 induced lockdown that resulted in doubling the speed of freight trains as compared to last year, railway minister Piyush Goyal said on Thursday. “I am
DUBAI /NEW YORK: DP World and UNICEF have announced a wide-ranging partnership to support the global distribution of COVID-19 vaccines and related immunization supplies in low- and lower-middle-income countries. The new partnership – with
MUMBAI: Maritime Association of Nationwide Shipping Agencies (MANSA) has drawn the attention of the Directorate General of Shipping along with other port and government authorities to give due priority besides seafarers to all staff
Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, is engaged in developing multiproduct Special Economic Zone (SEZ), an initiative under the ‘Sagarmala’ program of the Ministry of Shipping and is built on JNPT
Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced a $500 million bond sale, its second such offering in the last few months, as the Adani group flagship seeks to capitalize on
HONG KONG: Orient Overseas (International) Limited (“OOIL”) is pleased to report that the company has entered into a Placing and Subscription Agreement with Faulkner Global Holdings Limited, our immediate parent company and part of
HAMBURG: On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest, taxes, depreciation and amortisation (EBITDA) for the 2020 financial year increased to more than USD 3 billion (approximately EUR 2.7 billion). Earnings before
NEW DELHI: India’s economy is expected to bounce back strongly in the next fiscal year with 11.5% growth, the International Monetary Fund (IMF) said recently, forecasting a sharp global recovery in 2021 after the
NEW DELHI: Mr. Prem Kishan Dass Gupta, C&MD – Gateway Distriparks Ltd., in his budget expectation has opined that, “The year 2020 has disrupted and challenged the logistics sector in different ways. However, the logistics sector
A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative