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DP World reports 121% YoY surge in Asia Pacific revenue for H1 2021

19 Aug 2021 7:24 PM IST

August 19, 2021: Market conditions in the Asia Pacific region were strong, particularly in India, as container volumes recovered by 19.5 percent year...

Mohit Bhatia as senior vice president and head of Maersk Global Service Centres (GSC)

Maersk appoints Mohit Bhatia as head of Maersk Global Service Centres

18 Aug 2021 12:05 AM IST

August 18, 2021: A.P. Moller - Maersk has appointed Mohit Bhatia as senior vice president and head of Maersk Global Service Centres (GSC) effective...

PSA Mumbai welcomes Maersk%u2019s upsized ME2 Mediterranean service

PSA Mumbai welcomes Maersk’s upsized ME2 Mediterranean service

16 Aug 2021 4:52 PM IST

August 16, 2021: PSA Mumbai welcomed the inaugural call of Maersk Line’s ME2 service with the arrival of the 10,100-TEU Maersk Gibraltar on August 12,...

The growth came from a 15 percent rebound in volumes and an increase in average freight rates of 59 percent.

Maersk reports nine-fold YoY net profit growth for Apr-Jun quarter

7 Aug 2021 1:56 PM IST

August 7, 2021: In the second quarter of 2021, A.P. Moller – Maersk's revenue grew 58 percent YoY to $14.2 billion from $8.9 billion in Q2 2020 and...

The container traffic handled at JNPT during the first 4 months of FY 2021-22 was 1,797,838 TEUs as against 1,192,165 TEUs, 50.80 percent higher than the same period of last year.

JNPT records 21% YoY cargo handling growth to 433,533 TEUs in July

4 Aug 2021 5:36 PM IST

August 4, 2021: Jawaharlal Nehru Port Trust (JNPT) recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15...

Sequentially, the growth was at 26 percent from Rs 3,608 crore in Q4 FY21 while profit after tax (PAT) grew 77 percent to Rs 1,342 crore from Rs 758 crore in Q1 FY21.

Adani Ports revenue growth nearly doubles to ₹4,557 crore in Q1 FY22

4 Aug 2021 10:11 AM IST

August 4, 2021: Adani Ports and Special Economic Zone (APSEZ) reported a 99 percent increase in consolidated revenue for the first quarter ended June...