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APSEZ Announces Q1 FY23 Results, Record Cargo Volumes and EBITDA

Mumbai: Port Wings News Network: Adani Ports and Special Economic Zone Ltd (“APSEZ”), the largest transport utility in India, on 8 August announced its results for the first quarter of FY2023. “Q1 FY23 has been the strongest quarter in APSEZ’s history, with a record cargo volume and highest ever quarterly …

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ICTSI 1H2022 Net Income up 50% to US$294.5M

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2022 posting revenue from its global port operations of US$1.06 billion, an increase of 20 percent from the US$882.6 million reported for the first six months of 2021; Earnings …

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PSA Mumbai handles 4 Millionth TEU

Mumbai: Port Wings News Network: PSA Mumbai achieved a significant milestone of 4 million TEUs on 22nd July 2022 since the start of the terminal’s operations in Feb 2018. The key milestone of 4 millionth TEU was handled on vessel Maersk Genoa. PSA Mumbai is further expanding the terminal capacity …

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APM Terminals Pipavav Resumes Shipment of Bulk Agri-commodity

Mumbai: Port Wings News Network: APM Terminals Pipavav, India’s most efficient and environment friendly port has scalable landside and marine side. The port has recently developed a new warehouse within the port and has developed warehouse close to the port to accommodate customers’ additional cargoes. With the focus on warehousing …

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