Editorial: Fishing in the Same Pond

Chennai, 31 Aug 2022: There is a palpable supply-side shortfall in maritime recruitment, particularly in commercial and operational roles. As a result, shipping companies are frequently forced to exceed their recruitment budgets to attract new talent at above-market levels. The job market is still suffering from the effects of the …

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Maersk Completes Acquisition of LF Logistics

Chennai: Port Wings News Network: A.P. Moller – Maersk (Maersk) on 31 August announced the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region. As consequence, LF Logistics will be rebranded …

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Shiprocket Partners with Invest India to Build D2C 2.0

New Delhi: Port Wings News Network: Startup India Initiative at Invest India, the guiding vision maker for India’s entrepreneurship ecosystem, has partnered with Shiprocket, India’s latest unicorn and leading eCommerce enabler to build D2C 2.0 together, backing the next generation of consumer products built by founders from across the country. …

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Gangavaram Port Wins “Greentech CSR Award 2022”

Visakhapatnam: Port Wings News Network: Gangavaram Port has won the prestigious “Greentech CSR Award 2022” at the 9th Annual CSR India Awards. The Port has been presented this award under the category of “Rural Development” as a recognition of their work towards Healthcare, Education, Sports and Infrastructure. The award was …

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Essar signs $2.4bn sale pact with AM/NS for infra assets 

Mumbai: Port Wings News Network: In one of the largest post-pandemic M&A deals in India, Essar today announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations. The deal also envisages a 50-50 Joint …

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Editorial: ‘Open Wallets’ and ‘Hearts’

Chennai, 24 August 2022: UN Secretary-General António Guterres has called for wealthier countries to help developing nations purchase Ukrainian grain as supplies begin returning to global markets, in an appeal from the Black Sea port of Odesa on 19 August. The Odesa port had been paralyzed for months due to …

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SIAM Hosts 8th Edition of Automotive Logistics Conclave With Focus on Transition Towards a Sustainable Future

New Delhi: Port Wings News Network: Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, organized the 8th SIAM Automotive Logistics Conclave. The conclave themed ‘Automotive Logistics: Transitioning towards a Sustainable Future’ focussed on exploring new frontiers for transportation of vehicles, in the view of the …

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