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Maersk Q32024 revenue up 30% on higher freight rates
31 Oct 2024 3:23 PM ISTMaersk is expecting underlying EBIT of $5.2-5.7 billion for 2024 on strong Q3 results & strong container market demand.
DP World flags off first commercial use of BOXBAY high-bay storage system at its terminal in Pusan
9 March 2023 12:11 PM ISTPusan Newport Corporation has commenced work to integrate BOXBAY technology following a successful proof of concept at Jebel Ali
MSC smashes India's heavy-lift cargo record with a 140-ton transformer
9 Aug 2022 5:04 PM ISTThis is the heaviest ever breakbulk parcel moved by container ship from India, surpassing MSC’s previous record. The transformer is destined for a...
Intense competition: next big thing in Indian ports & terminals industry
22 Nov 2021 12:59 PM ISTThe next 10 years will be very critical for Indian ports and the economy that depends heavily on them. Everybody from port operators to govt, and from...
APSEZ concludes acquisition of 10% stake in Gangavaram Port for ₹645 cr
23 Sept 2021 6:02 PM ISTAdani Ports and Special Economic Zone (APSEZ) has concluded the acquisition of the government of Andhra Pradesh’s stake of 10.4 percent in Gangavaram...
TradeLens – the beginning of digital supply chain
22 Sept 2021 1:41 PM ISTTradeLens is an effort to digitise the supply chain logistics in India and across the world. The ports are facing bottlenecks for several reasons but...
DP World reports 121% YoY surge in Asia Pacific revenue for H1 2021
19 Aug 2021 7:24 PM ISTAugust 19, 2021: Market conditions in the Asia Pacific region were strong, particularly in India, as container volumes recovered by 19.5 percent year...
