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The two-fold objective of the Japanese proposal is to attract foreign direct investment to turn the Indo-Pacific into an economic powerhouse and to build a mutually complementary relationship among partner countries.

Japan proposes trilateral supply chain with India & Australia to counter China

22 Aug 2020 3:27 PM IST

August 22, 2020: Japan has proposed to launch a trilateral (Supply Chain Resilience SCRI) Initiative with India and Australia to counter the ambitions...

The EBITDA margin increased to 18.9 percent from 14.1 percent in the same quarter last year.

Maersk reports 25% profit growth & 6.5% revenue drop for Apr-Jun quarter

19 Aug 2020 12:04 PM IST

August 19, 2020: In the April-June quarter (Q2) of 2020, A.P. Moller – Maersk’s revenue decreased by 6.5 percent to $9 billion, driven by a volume...

Ahmed Bin Sulayem, group chairman &amp;amp; CEO, DP World and Ramesh S Ramakrishnan, chairman, Transworld Group &amp;amp; Shreyas Shipping and Logistics, during the signing ceremony.

DP World acquires Transworld to bolster its Indian logistics portfolio

19 Aug 2020 11:17 AM IST

August 19, 2020: Unifeeder, through its Unifeeder ISC (Indian Subcontinent) platform, a majority-owned subsidiary of DP World, today announced the...

GIL's first-half Air Freight net revenue increased 17 percent vs. the same period a year earlier, while Ocean Freight net revenue decreased 16 percent vs. same period last year.

Agility reports 61% fall in net profit to $52 mn for first half of 2020

17 Aug 2020 12:13 PM IST

August 17, 2020: The global logistics provider Agility today reported a first-half net profit of $52.93 million, a decrease of 61.3 percent over the...

APSEZ reported a throughput of 41.5 MMT, operating revenue of Rs 2,293 cr, consolidated EBITDA of Rs 1,438 cr, and PAT of Rs 758 cr for Q1 ended on Jun 30.

Mundra beats JNPT in Q1 volumes; becomes India’s largest container handling port

12 Aug 2020 1:14 PM IST

August 12, 2020: Mundra Port of Adani Ports and Special Economic Zone (APSEZ) has beaten Jawaharlal Nehru Port Trust (JNPT) in Nhava Sheva to become...