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|  Essar Shipping loss widens to INR 176 crore in Q4  |    |  200 MW solar projects to come up at major ports  |    |  Paradip Port awarded for 2nd highest Traffic growth by Ministry of Shipping  |    |  Aviation ministry to plan path for Air India this week  |    |  Mundra ports quarterly profit up 27% to USD 182.6 million, sales up 18%  |    |  April air cargo rates up as Asia-North America volumes rise  |    |  DHL adds another China-Europe rail link  |    |  Railways to seek Cabinet nod for INR 35,000 cr development fund  |    |  Fraport profit soars 24.5% to USD 20.2 million, revenues rise 3.5%  |    |  CONCOR to start train service from ICD Agra to Mundra Port  |    |  Indian Railways will export 18 diesel locomotives to Myanmar  |    |  Korea seaport cargo up 6.6% in April  |    |  Toyota and Mitsubishi hope to run container port near Indonesian car plants  |    |  PMRDA to start work on ring road by October  |    |  AADA raises China-Australia rate USD 300 TEU July 1  |    |  PPT gets Shipping Ministry award  |    |  Centre govt. plans to upgrade vessel repairing facilities at 7 ports  |    |  Visakhapatnam Port to be modernised by 2019  |    |  CMA CGM launches 2nd loop between India, Mideast &Africa  |    |  Cochin Port to commemorate arrival of 1st vessel  |   
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April air cargo rates up as Asia-North America volumes rise
Average east-west air freight prices in April increased 7.9% year on year to USD 2.86 per kilogramme, beating March and February's levels, and in line with an improvement in air freight traffic. London transport research house Drewry, which compiled the data using a weighted average of buy rates across 21 trade lanes, warned there could be some fall back in May: "Led by higher rates out of Asia to North Am ...
logisticsnews/32120/April-air-cargo-rates-up-as-Asia-North-America-volumes-rise/
 
Paradip Port awarded for 2nd highest Traffic growth by Ministry of Shipping
Union Shipping Ministry has awarded Paradip Port for achieving 2nd highest growth in traffic for the year 2016-17. Nitin Gadkari, Minister of Shipping and Transport appreciated PPT’s performance and presented an award to Paradip Port Trust (PPT) for achieving 2nd Highest Growth in Traffic for the year 2016-17. Rinkesh Roy, Chairman, PPT received the award for PPT from the Minister during the review meetin ...
logisticsnews/32117/Paradip-Port-awarded-for-2nd-highest-Traffic-growth-by-Ministry-of-Shipping/
 
Fraport profit soars 24.5% to USD 20.2 million, revenues rise 3.5%
Fraport AG, owner and operator of Germany's Frankfurt Airport, increased first quarter profit 24.5% year on year to EUR18.1 million (USD 20.2 million), drawn on revenues of EUR592.6 million, up 3.5%. The company said that Fraport's cargo volume rose 1.8% to 2.11 million tonnes in 2016. On March 16, Fraport won the concession for the two Brazilian airports of Fortaleza and Porto Alegre during a public au ...
logisticsnews/32110/Fraport-profit-soars-24.5%25-to-USD-20.2-million%2C-revenues-rise-3.5%25/
 
Centre govt. plans to upgrade vessel repairing facilities at 7 ports
A top official said here the Central Government has identified ship repairing facilities of seven ports for upgradation into modern units in collaboration with the Cochin Shipyard. Union Shipping Ministry Joint Secretary, Sagarmala Wing, Rabindra Kumar Agarwal said here, “It has been decided at last week’s meeting in Goa that seven ports, which have ship repair facilities that need to be upgraded, shoul ...
logisticsnews/32108/Centre-govt.-plans-to-upgrade-vessel-repairing-facilities-at-7-ports/
 
CMA CGM launches 2nd loop between India, Mideast &Africa
CMA CGM has announced the launch of a second Midas service connecting India, the Indian Ocean, the Middle East and southern and western Africa. Africa Lines director manager Bertrand Simion said that "The duplication allows us to improve service offerings with competitive transit times and greater capacity as well as the access to new markets in South Africa and the Indian Ocean.” He said that " ...
logisticsnews/32105/CMA-CGM-launches-2nd-loop-between-India%2C-Mideast-%26Africa/
 
Korea seaport cargo up 6.6% in April
Cargo processed at South Korean seaports gained ground last month from a year earlier on brisk outbound shipments. Cargo handled at the country's seaports came to 129.62 million tonnes (mt) in April, up 6.6% from 121.54 mt tallied a year earlier, according to the data by the Ministry of Oceans and Fisheries. Non-container cargo rose 4% on-year to 88.74 mt last month, while container freight jumped 8.9% to 2 ...
logisticsnews/32104/Korea-seaport-cargo-up-6.6%25-in-April/
 
Cochin Port to commemorate arrival of 1st vessel
Cochin Port Day will be celebrated on Friday, May 26, 2017 in commemoration of the arrival of the first ship into Cochin Harbour. The construction of the inner harbour from 1921 is deemed as the point of transformation of Cochin as a modern and safe port. The first ship, SS Padma, entered the inner harbour through the widened and deepened Cochin Gut on May 26, 1928. To mark the occasion, a business meet will be ...
logisticsnews/32102/Cochin-Port-to-commemorate-arrival-of-1st-vessel/
 
DHL adds another China-Europe rail link
DHL Global Forwarding is continuing to expand its rail services between China and Europe with a new connection to Belarus. The forwarding giant today launched the first regular rail connection between Shenzhen and Minsk. The route takes 12 days and also covers new overland connections to several major cities along China’s “Belt and Road” network that aims to re-establish the old silk road trad ...
logisticsnews/32096/DHL-adds-another-China-Europe-rail-link/
 
Pacific International Lines to develop integrated logistics park in China
A cooperation framework agreement has been signed between Pacific International Lines (PIL) Group, the Nanning Municipal Government and the Guangxi Department of Commerce to develop the Singapore-Guangxi Integrated Logistics Park (SGILP) in Nanning city, Guangxi Zhuang Autonomous Region. The SGILP will position Guangxi as a logistics base to distribute to South-East Asia and strengthen China’s Belt and Road i ...
logisticsnews/32093/Pacific-International-Lines-to-develop-integrated-logistics-park-in-China/
 
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