European shares rise as Trumps signals 'major' trade dealEuropean shares climbed on Thursday after U.S. President Donald Trump signalled progress toward a first trade deal in his global tariff dis...
08 May, 2025, 06.41 PM IST
European shares fall as investors on edge before US tariffsEuropean shares dipped on Wednesday, with the STOXX 600 index dropping 0.5%, as investors grew anxious about impending reciprocal tariffs f...
02 Apr, 2025, 12.58 PM IST
Container carrier profits soar on record volumes, higher ratesFortunes in the industry, which transports 80% of global merchandise trade, boomed during the pandemic amid strong consumer demand and Covi...
02 Sep, 2024, 09.57 AM IST
Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
17 Jul, 2024, 09.23 AM IST
Maersk, Hapag-Lloyd team up in shakeup of ship alliancesThe announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipp...
22 Jan, 2024, 10.09 AM IST
PM Modi meets presidents of Timor-Leste, Mozambique and global CEOs ahead of Vibrant Gujarat SummitModi also met Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem, Micron Technology President and CEO Sanjay Mehrotra, Deakin Univ...
09 Jan, 2024, 02.49 PM IST
Billionaire Maersk family forms green methanol firm for shippingThere is a green methanol production capacity of 153,000 tons in operation at the moment around the world, which also includes demonstratio...
15 Sep, 2023, 09.55 AM IST
Maersk sells last major energy asset as it focuses on logisticsMaersk has been close to selling the Maersk Supply Service before. In 2018 it expected to complete a divestment, citing valuation estimates...
21 Mar, 2023, 09.58 AM IST
Maersk replaces CEO to steer shipping firm through turbulent watersCompany veteran Clerc, who currently heads the company's Ocean & Logistics business, is taking the helm at a time of slowing demand for tra...
13 Dec, 2022, 10.24 AM IST
Maersk overtaken as world’s no.1 shipping line by MSCAfter struggling to make money for much of the past decade, the container shipping industry just had its most profitable year ever as pande...
06 Jan, 2022, 09.12 AM IST
Cost to ship a boxload of goods to US from China nears $10,000While demand from American consumers and companies is one reason for the rate spike, a shortage of containers remains another reason for th...
09 Jul, 2021, 09.21 AM IST
Ocean cargo snarls force global commerce to look outside the boxIn the U.S., the volume of imported goods accounts for about 12% of gross domestic product and most arrive by sea.
22 Feb, 2021, 09.31 AM IST
Gujarat Pipavav drops container berth planGujarat Pipavav has dropped its plan to build a new container berth at its port and put its plan to increase bulk cargo handling capacity o...
18 Apr, 2014, 03.36 AM IST
- Gujarat Pipavav Port Q1 net profit at Rs 10.90 cr
Gujarat Pipavav Port on Thursday reported a net profit of Rs 10.90 crore for the quarter ended June 30, 2011.
28 Jul, 2011, 05.13 PM IST
- Guj Pipavav Port to hike tariff soon
Gujarat Pipavav Port (GPPL), controlled by AP Moller-Maersk Group, would shortly revise the tariff at its port in the country’s west coast.
17 Aug, 2009, 01.28 AM IST
- It's a first: GIC S'pore board to meet in India next week
GIC Singapore (Government of Singapore Investment Corporation), one of the most aggressive foreign investors in the country, will hold its ...
05 Sep, 2006, 02.40 AM IST
- Nikhil Gandhi gets ministry, 4 global cos to invest Rs 600cr in Pipavav
After selling the special economic zone (SEZ) in Navi Mumbai to Mukesh Ambani, and Pipavav Port to AP Moller group of Denmark, Nikhil Gandh...
21 Jun, 2006, 02.17 AM IST