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Maersk now projects full-year underlying EBITDA to be between $9 billion and $9.5 billion

The revision reflects Fitch's assessment of easing contagion risk for APSEZ, noting that the group has access to funding sources.

The collaboration seeks to drive greener, more efficient coastal logistics and accelerate India’s maritime transformation.

A series of MoU was also signed for major port infrastructure upgrade in Odisha.

Domestic demand constitutes 65-70% of revenue for fleet operators, helping to offset growth in export-related traffic

This programme will reduce the slot cost by improving fuel efficiency and cargo-carrying capacity.

This programme will reduce freight costs up to ₹6 trillion in foreign exchange spent each year.

The company’s share jumped over 5% on Monday (6 October) after the company announced operational performance.

The facility is established with an investment of ₹13.5 crore.

The report highlights logistic cost across different transport modes, finding rail cheapest & air transport most costly.

This year, demand growth is more focused on Southeast Asia, particularly Thailand, Vietnam, Malaysia, and Singapore.

Founded in Denmark in 1975 as Mahé Freight, Scan Global Logistics (SGL) has grown into one of the world’s leading freight forwarders. With revenues of...