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APSEZ acquired Krishnapatnam Port in October 2020, which is now consolidated; hence the financial numbers of Q3 FY21 are not comparable to Q3 FY20.

APSEZ records 16% YoY PAT growth to ₹1,577 crore in Q3

12 Feb 2021 7:14 AM GMT

February 12, 2021: Adani Ports and Special Economic Zone (APSEZ, a part of globally diversified Adani Group announced its operational and financial...

While the demand surge in the second half of year created supply chain bottlenecks, including vessel and container shortages, and led to higher rates that contributed approximately $1.5 billion to results,

Maersk reports 44% EBITDA growth to 8.2 billion in 2020

11 Feb 2021 10:14 AM GMT

February 11, 2021: Despite low volumes during most of 2020, A.P. Moller – Maersk’s profitability grew throughout the first nine months and ended the...

The new bill has proposed a simplified composition of the Board of Port Authority which will comprise of 11 to 13 members from the present 17 to 19 members representing various interests.

India passes Major Port Authorities Bill to establish landlord port model

11 Feb 2021 7:29 AM GMT

February 11, 2021: Indian Parliament on Wednesday passed the Major Port Authorities Bill, 2020 that aims at decentralizing decision making and infuse...

India%u2019s port volumes grew 4 percent YoY (November 2020: 3 percent YoY) while e-way bill generation increased 16 percent YoY during the month. Railway volumes also rose 9 percent YoY in December 2020 (November 2020: 9 percnet YoY).

Logistics sector continued to report sequential recovery in Dec 2020: Ind-Ra

9 Feb 2021 5:11 AM GMT

February 9, 2021: India Ratings and Research (Ind-Ra) has published the December 2020 edition of its credit news digest on India’s logistics sector...

As a result of the dramatic changes, container shipping lines need the ability to optimize and navigate the changes in their network, schedules, and operations by leveraging technology that integrates enterprise resource management solutions, consulting services, and data analytics.

Solverminds offers algorithms to solve operational problems of shipping lines

27 Jan 2021 6:26 AM GMT

January 27, 2021: Solverminds Solutions and Technologies’ Enterprise Resource Planning (ERP) and Optimizer solutions offer advanced optimization...

Port rotation: PSA Mumbai %u2013 Mundra %u2013 Jeddah %u2013 Tangier %u2013 Southampton %u2013 Bremerhaven %u2013 Rotterdam %u2013 Antwerp %u2013 LeHavre %u2013 Algeciras - Jeddah %u2013 Jebel Ali %u2013 Abu Dhabi %u2013 Qasim - PSA Mumbai.

PSA Mumbai enhances Europe connectivity with new EPIC/EPI3/IP1 service

22 Jan 2021 1:58 PM GMT

January 23, 2021: The berthing of CMA CGM’s “APL New York” on January 20, 2021 marked the launch of PSA Mumbai’s 2nd direct Europe service and its 8th...