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Ports Industry News

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Saturday 18th May 2024   2
DHL Global Forwarding appoints Vincent Yong as new MD for Thailand ops
 

DHL Global Forwarding, the freight specialist of DHL Group, has appointed Vincent Yong as the Managing Director for the operations in Thailand, to bolster growth within the region.

The company....

 
 
Friday 17th May 2024   5
Lower crude oil prices likely to tilt imports towards Iraq and UAE
 

Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain above $81 per barrel,....

 
 
Thursday 16th May 2024   4
Norway excludes Adani Ports from govt pension fund over ethical concerns
 

Norges Bank, Norway's central bank, on Wednesday announced it was excluding three companies from its government pension fund due to ethical considerations. The companies are India's Adani Ports and....

 
 
Wednesday 15th May 2024   6
India and Iran Ink long-term agreement for Chabahar port operations
 

The long term bilateral contract for operating Chabahar Port was signed between Indian Ports Global (IPGL) of India and the Port & Maritime Organisation (PMO) of Iran. This contract....

 
 
Tuesday 14th May 2024   5
US President Biden signs a ban on fuel imports for Russian nuclear reactors
 

President Joe Biden on Monday signed a law banning enriched uranium in Russia, the White House said, in Washington's latest effort to impede President Vladimir Putin's invasion of Ukraine.

Ban....

 
 
Friday 10th May 2024   12
Red Sea crisis: RBI, Irdai called in to help limit impact on Indian exports
 

The Ministry of Finance has written to the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (Irdai) to monitor export credit availability, and....

 
 
Thursday 9th May 2024   27
ZIM expands partnership with ArrowSpot for proactive merchandise tracking
 

Global freight forwarder ZIM Shipping Lines has expanded its contract with ArrowSpot Systems, a provider of comprehensive cargo monitoring solutions.

This extension strengthens ArrowSpot's role in the operation through its....

 
 
Monday 6th May 2024   5
Private ports outpace central peers in FY24; register double-digit growth
 

India’s private ports continued to outperform those owned by the central government in 2023-24 (FY24), registering double-digit growth compared to 4.45 per cent growth for major ports, according to....

 
 
Saturday 4th May 2024   13
DHL Supply Chain appoints Patrick Kelleher as new CEO for North America
 

DHL Group, the world’s leading logistics company, has announced a key leadership transition in DHL Supply Chain North America with Patrick Kelleher, current Global Chief Development Officer assuming the....

 
 
Thursday 2nd May 2024   10
Adani Ports’ ratings revised to AAA by Care Ratings
 

Adani Ports and Special Economic Zone (APSEZ), has said that ratings agency Care Ratings has revised its credit rating to AAA

“The rating signifies highest level of credit worthiness and....

 
 
 
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