Indian Transport & Logistics

Shipping

Adani Ports FY24 net profit jumps 50% to ₹8,104 crore

3 May 2024 10:08 AM GMT
Revenue of APSEZ grew by 28 percent Y-o-Y to reach record high of ₹26,711 crore while EBITDA jumped 44 percent Y-o-Y to ₹15,751 crore.

Maersk reports 13% YoY revenue decrease in Q1 2024

2 May 2024 3:01 PM GMT
EBITDA decreased from $3.4 billion in Q1 2023 to $1.5 billion in Q1 2024. EBIT decreased to $117 million from 2.3 billion in 2023.

MSC, GSBN collaborate for safe lithium battery shipments

29 April 2024 1:00 PM GMT
Intention is to extend collaboration to a wider group of certificates and expand the network of laboratories to increase coverage for carriers.

MSC upgrades cargo protection offering Cargo Cover Solutions

29 April 2024 12:37 PM GMT
Under this new framework, Cargo Cover Solutions is comprised of two products: MSC Extended Protection (EPR) and MSC Marine Cargo Insurance (MCI).

Hapag launches Live Position, first dry container tracking product

29 April 2024 11:51 AM GMT
Initial basic product Live Position provides full on-demand door-to-door visibility

Baltimore update: Unified Command opens deep draft channel

26 April 2024 9:54 AM GMT
Vehicle carrier Carmen moved through temporary channel; operations to remove DALI will require suspension of transits

MSC offers nearly $700mn to buy Gram Car Carriers

24 April 2024 10:09 AM GMT
Gram Car Carriers reported revenue of $54.9 million and EBITDA of $40.8 million for Q12024

DP World publishes Sustainable Development Impact Disclosure

23 April 2024 1:08 PM GMT
The SDID uses impact measurement and monitoring to assess the impact of investments in advancing the UN’s Sustainable Development Goals and closing...

Manufacturing solutions firm Magma opens logistics home at APM Pipavav

22 April 2024 1:00 PM GMT
The B2B manufacturing solutions provider for factories in the construction and industrial goods sector Magma Group announced its entry at the APM...

Baltimore update: Unified Command opens third temporary channel

20 April 2024 7:30 AM GMT
Current 2,000-yard safety zone around Francis Scott Key Bridge to protect personnel, vessels & marine environment

Maersk enhances service between India and North Europe

20 April 2024 6:36 AM GMT
Adds Rotterdam, Felixstowe and Bremerhaven to ME2 service

Shipping industry seeks UN help after MSC Aries seizure

19 April 2024 12:12 PM GMT
"The world would be outraged if four airlines were seized and held hostage with innocent souls onboard."
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