Our Correspondent, internal, Indian Transport & Logistics Page 530

Our Correspondent

For 7 years Port of Wilhelmshaven is connected to India via Mundra and Nhava Sheva through ME1 service of Maersk, Safmarine and Hamburg Sud.

Adani Ports & Port of Wilhelmshaven showcase capabilities in Mumbai

9 March 2020 4:49 PM IST

March 9, 2020: India’s largest private port developer & operator, Adani Ports and Special Economic Zone (APSEZ) and Wilhelmshaven Freight Village...

According to CLIVE%u2018s dynamic load factor analyses, the global utilisation of air cargo capacity is 35% higher than calculated in weight load factor, the traditional industry indicator.

CLIVE Data Services signs MoU with TIACA to share air cargo market analyses

9 March 2020 3:54 PM IST

March 9, 2020: The International Air Cargo Association (TIACA) has signed an intelligence-sharing agreement with CLIVE Data Services, creators of the...

Execution period of the policy shall be from January 23, 2020 to June 30, 2020.

Coronavirus: China will pay airlines as per seat km to bring passenger flights back

9 March 2020 2:11 PM IST

March 9, 2020: Civil Aviation Administration of China (CAAC) on Friday, March 6 produced a notification that it will provide financial support for...

These operations generated a turnover of approximately Rs 6008.3 crore in 2019 and are supported by 7%u2019500 employees.

Kuehne + Nagel sells its contract logistics portfolio in UK to XPO Logistics

9 March 2020 12:48 PM IST

March 9, 2020: Kuehne + Nagel entered into a definitive agreement to sell a major part of its UK contract logistics portfolio to XPO Logistics. The...

The ACI World Airport Traffic Forecasts 2019%u20132040 predicted $12.4 billion revenue for the first quarter in the Asia-Pacific region in the "business as usual" scenario.

Coronavirus: ACI projects $3 billion revenue loss for airports in Asia-Pacific

9 March 2020 10:50 AM IST

March 9, 2020: Airports Council International (ACI) Asia-Pacific urged regulators and governments to implement relief measures for local contexts as...

The corridor offers the shortest possible route between Iran and Kyrgyzstan, with TIR saving up to five days on the usual transit time.

Kyrgyzstan-Tajikistan-Afghanistan-Iran TIR corridor opens for freight

7 March 2020 5:28 PM IST

March 7, 2020: Following the first successful TIR pilot operation from Bandar Abbas (Iran) to Tajikistan via Afghanistan, the...

Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT addressing the members of BCCI.

JNPT showcases ease-of-doing-business initiatives to customers

7 March 2020 3:37 PM IST

March 7, 2020: Jawaharlal Nehru Port Trust (JNPT) hosted members of Bombay Chamber of Commerce & Industry (BCCI) to have a dialogue with the end...

The brief named %u2018The Economic Impact of the COVID-19 Outbreak on Developing Asia%u2019 also reported that transport services in the country will lose up to Rs 14.28 thousand crore in the same scenario.

India’s GDP may shrink by Rs 2 lakh crore in case of major coronavirus outbreak, says ADB

7 March 2020 12:10 PM IST

March 7, 2020: In a brief on the impact of novel coronavirus on Asian economies released by Asian Development Bank (ADB) on Friday had estimated that...

Creditors, a consortium of 16 members led by Bank of India claims due worth 3098 crore from the 1,600-acre seaport.

NCLT approves Adani’s 650 crore bid to acquire Dighi Port

6 March 2020 7:06 PM IST

March 6, 2020: The bankruptcy tribunal of the country, National Company Law Tribunal (NCLT) approved Adani Ports And Special Economic Zone’s (APSEZ)...