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APSEZ acquired Krishnapatnam Port in October 2020, which is now consolidated; hence the financial numbers of Q3 FY21 are not comparable to Q3 FY20.

APSEZ records 16% YoY PAT growth to ₹1,577 crore in Q3

12 Feb 2021 12:44 PM IST

February 12, 2021: Adani Ports and Special Economic Zone (APSEZ, a part of globally diversified Adani Group announced its operational and financial...

While the demand surge in the second half of year created supply chain bottlenecks, including vessel and container shortages, and led to higher rates that contributed approximately $1.5 billion to results,

Maersk reports 44% EBITDA growth to 8.2 billion in 2020

11 Feb 2021 3:44 PM IST

February 11, 2021: Despite low volumes during most of 2020, A.P. Moller – Maersk’s profitability grew throughout the first nine months and ended the...

The new bill has proposed a simplified composition of the Board of Port Authority which will comprise of 11 to 13 members from the present 17 to 19 members representing various interests.

India passes Major Port Authorities Bill to establish landlord port model

11 Feb 2021 12:59 PM IST

February 11, 2021: Indian Parliament on Wednesday passed the Major Port Authorities Bill, 2020 that aims at decentralizing decision making and infuse...

Dick Wong, chairman of S.F. Holding (middle left), Hua Kuok, chairman of Kerry Logistics Network (middle right), William Ma, group managing director of Kerry Logistics Network (left), Jeffrey Chan, chief strategy officer of S.F. Holding (right), at the joint press conference in Hong Kong on February 10, 2021.

S F Holding to obtain 51.5% stake of Kerry Logistics Network

11 Feb 2021 12:33 PM IST

February 11, 2021: The Chinese express logistics company S F Holding and Hong Kong-based Kerry Logistics Network announced the proposed investment and...

Satyaki Raghunath, chief strategy & development officer, Bengaluru International Airport (BIAL)

Airports play central role as gateways for Covid-19 vaccine shipments

10 Feb 2021 12:49 PM IST

Satyaki Raghunath, chief strategy and development officer, Bengaluru International Airport (BIAL) talks to Indian Transport and Logistics News...

Across 50 countries, China, India and Indonesia rank highest in the Index for domestic logistics. China, India and Mexico are on top for international logistics with Vietnam 4th, Indonesia 5th, and Malaysia 7th. UAE, Malaysia and Saudi Arabia have the best business fundamentals.

China, India dominate 2021 Agility Emerging Markets Logistics Index

10 Feb 2021 10:52 AM IST

February 10, 2021: Asia Pacific nations lead all emerging market regions with China, India and Indonesia being the world’s top emerging markets in the...