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Logistics
Chennai and Kamarajar Ports cross ₹1,000 crore operating income in FY 2023-24
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CHENNAI : Chennai Port Authority (CPA) and its subsidiary, Kamarajar Port Ltd (KPL) in Ennore, North Chennai, crossed ₹1,000 crore (each) in operating income in a financial!-->…
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Railways registers highest revenue of Rs 2.56 lakh crore in FY24
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NEW DELHI : The Indian Railways registered highest revenue of Rs 2.56 lakh crore for the financial year 2023-24, said Rail Minister Shri Ashwini Vaishnaw, as against Rs!-->…
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Red Sea attacks to impact ship sailing speed: BIMCO
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LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the!-->…
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Red Sea crisis end to reignite container shipping challenges
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LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end.!-->…
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Silke Lehmköster to become Managing Director Fleet at Hapag-Lloyd
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HAMBURG : Effective 1 April 2024, Silke Lehmköster has taken over the role of Managing Director Fleet at Hapag-Lloyd, with responsibility for Fleet Management, Fleet!-->…
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India was working on alternative logistic corridors linking India with the Pacific and Atlantic…
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AHMEDABAD : Union Minister of External Affairs (MEA) Shri S Jaishankar while addressing businessmen and traders at Ahmedabad on Tuesday, said “India was working on!-->…
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DP World starts new rail freight service linking Ahmedabad to Mundra
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AHMEDABAD : DP World announced on Tuesday the launch of a new rail freight service connecting Sachana, Ahmedabad Inland Container Depot (ICD) to Mundra.
DP World stated!-->…
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Saudi ports enhance Red Sea connections with new NRS shipping service
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RIYADH : The Saudi Ports Authority, Mawani, has announced the addition of the new shipping service ‘NRS’ by Folk Maritime to Jeddah Islamic Port that aims to connect Saudi!-->…
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‘One Vehicle, One FASTag’ norm starts by NHAI
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NEW DELHI : For seamless vehicular movement at the Toll Plazas across the country, the state-owned National Highways Authority of India’s (NHAI) ‘One Vehicle, One FASTag’!-->…
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Cosco Shipping Ports reports 4.4% YOY increase in total throughput for 2023
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SHANGHAI : Chinese state-owned ports logistics company Cosco Shipping Ports Limited reported a 5.8% year-on-year increase in profit for 2023, standing at USD 324.5 million.!-->…
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