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ZIM Q2 net profit up 50% at $1.3bn on higher freight rates
17 Aug 2022 5:03 PM ISTReaffirms 2022 full year guidance, expects to generate record adjusted EBITDA of $7.8-$8.2 billion.
Reefer freight rates stabilising, to outpace dry box prices
17 Aug 2022 3:30 PM ISTDrewry expects seaborne reefer trade growth to increase at an average annual rate of 3 percent to 2026.
Skye Air, Flipkart Health collaborate to deliver medicines in Kolkata
17 Aug 2022 1:37 PM ISTThis initiative will see up to 20 flights each day, each delivering a payload of up to 5 kgs of medications from the Warehouse to Health Buddy OTC...
Black Sea Grain Initiative: Over 560,000 tonnes moved
16 Aug 2022 6:43 PM ISTJoint Committee has authorised 36 movements through the maritime humanitarian corridor in the Black Sea.
Govt to facilitate container production under Make In India programme
16 Aug 2022 6:21 PM ISTWith cluster base manufacturing in focus, the CONCOR will be working closely with the Ministry of Ports, Shipping & Waterways.
Adani Logistics acquires ICD Tumb in Vapi from Navkar Corporation
16 Aug 2022 6:01 PM ISTOne of India’s largest ICDs with 0.5 mn TEUs capacity, it is located between Hazira (160 km) and Nhava Sheva (230 km) along Western DFC.
Felixstowe port strike could result in $800mn lost trade: Russell
16 Aug 2022 4:00 PM ISTClothing ($82.8mn) & electronic components ($32.3mn) to be impacted by the strike, says Russell Group in its analysis.
Our YouTube channel ran into a glitch....
16 Aug 2022 3:45 PM IST...but don't fret, we hope to be up and running soon! Keep a watch on our social media handles for updates.
AD Ports Group Q2 net profit up 59%
13 Aug 2022 12:30 PM ISTRevenue increased to AED 1.2bn ($335 million), driven by maritime and economic cities & free zones (EC&FZ) clusters.
ZIM invests $5.5mn in tracking solutions provider Hoopo
12 Aug 2022 2:00 PM ISTFunds to be used for developing Hoopo's technology for maritime industry, specifically dry containers.
Greenfield projects back in favour with terminal operators
11 Aug 2022 4:50 PM ISTCapex increased 31% in 2021 but operators now face challenges of longer lead time for equipment & rapidly rising costs.
Allcargo Logistics' profit up 165%, revenue up 65% to ₹5,675 cr in Q1
11 Aug 2022 3:50 PM ISTIt reports a sustained revenue increase from the digital platform ECU360, which accounts for 60% of export bookings across markets.












