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Angre Port is looking forward to a business swell in post-lockdown times

Angre Port is looking forward to a business swell in post-lockdown times

25 May 2020 12:00 AM IST
Angre Port anticipates that, once the pandemic dies out and industrial operations get back to near-normal levels, there will be an upsurge in the...
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In the lockdown period, the terminal has handled 19 rakes and the rail volume has seen a four-fold increase.

DP World Cochin handles 50,000 TEUs in 50 days of lockdown

20 May 2020 1:19 PM IST
May 20, 2020: The global logistics company, DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled over 50,000 TEUs...
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While the total number of announced blank sailings have now crossed the 500-mark, there has only been an increase of 7 over the past week.

Blank sailings plateauing, spot rates maintain strength: Sea-Intelligence

19 May 2020 2:45 PM IST
May 19, 2020: Sea-Intelligence in its week’s issue discussed the plateauing of new blank sailings announcements, the slump in container volumes in...
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The demand is driven by customers relying on e-commerce to navigate in a business environment which has seen record numbers of employees working from home.

Maersk reports 90% increase in digital platforms usage amid Covid-19

16 May 2020 10:49 AM IST
May 16, 2020: Maersk witnessed record demand increase of 90 percent in its digital applications for online business transactions amid lockdown and...
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The company held its 346th Board Meeting on May 13 to approve its Q1 financial report of 2020.

Yang Ming reports $1.15 billion revenue & $27.15 million loss in Q1

15 May 2020 3:47 PM IST
May 15, 2020: Yang Ming Marine Transport Corporation (Yang Ming) announced its consolidated revenues of Q1 totalled NTD 34.64 billion ($1.15 billion),...
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MSC Trade Finance has already started to help companies in India to get cash in more quickly and have better, more flexible control over their cash flow.

MSC selects India to launch its shippers trade finance solution

15 May 2020 2:31 PM IST
May 15, 2020: The transport and logistics firm MSC Mediterranean Shipping Company has selected India as the first market to launch its new trade...
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In the first quarter, operating earnings increased by 23 percent year-on-year, and cash return on invested capital increased by 3.5 percentage points to 10.5 percent.

Maersk expects global Q2 volumes to decrease 20-25%, across all businesses

15 May 2020 1:03 PM IST
May 15, 2020: With its Q1 financial results registering a strong start to the year, A.P. Moller – Maersk also announced that it expects the Q2 volumes...
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A clear shift of cargo from road to rail is visible in many parts of the country as lockdown crippled the road transport while rail freight moved unhindered.

APM Pipavav handled 293 container trains in April, highest ever

14 May 2020 1:53 PM IST
May 14, 2020: APM Terminals Pipavav sets a new milestone in handling the highest number of container trains in a month.
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Having a port-based refinery significantly cut logistics costs for Arjun Refineries, avoiding the first leg of transport from the port to a hinterland refinery completely.

Angré Port leases land to Arjun Refineries for edible oil refining

14 May 2020 1:35 PM IST
May 14, 2020: Angré Port, the all-weather port in the Konkan region, has leased five acres of its industrial backup land, to Arjun Refineries for...
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This aims to remove the burden of administrative tasks and facilitate creation and filing of DOs in maritime trade.

Kale unveils e-delivery order service for shipping lines and forwarders

13 May 2020 2:25 PM IST
May 13, 2020: Kale Logistics Solutions (Kale) introduced a new electronic-delivery order (e-DO) solution for shipping lines and freight forwarders to...
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This is a big achievement for the port as being a multipurpose aport, it handles different types of cargoes.

APM Pipavav completes 500 days of zero fatality and lost time injury

13 May 2020 12:55 PM IST
May 13, 2020: APM Terminals Pipavav achieved a milestone in safety on May 8 by completing 500 days of safe operations with zero fatality and Lost Time...
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This was the first time that the Port of Kolkata received five breakbulk pieces in a single shipment.

CMA CGM discharges five heavy-duty heat exchangers at Kolkata port

13 May 2020 12:33 PM IST
May 13, 2020: The international shipping and logistics company CMA CGM Group announced the successful discharge of five pieces of heavy-duty heat...
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