APM Terminals Pipavav reports Revenue growth of 4% in Q1 FY19

APM Terminals Pipavav (Gujarat Pipavav Port Ltd), announced the standalone financial results for the first quarter ended June 30, 2018. The company reported a net profit of INR 471 million for Q1FY19 as against INR 557 million in Q1FY18. Revenue from operations for the quarter under consideration stood at INR 1760 million as against INR
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This month APM Terminals India Pvt. Ltd became one of India’s first inland service providers to receive the internationally recognised security standard, Authorized Economic Operator (AEO), from the World Customs Organization. The aim of the AEO programme is to prevent unlawful trade across borders and facilitate legitimate trade designates. The AEO certification acknowledges APM Terminals
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Instituted by the World Customs Organization, the Authorized Economic Operator certification, AEO, is a program that aims at preventing unlawful trade across borders andfacilitating legitimate tradedesignates. By getting the AEO certification, APM Terminals India Pvt. Ltd. is acknowledged as a ‘secure’ and ‘reliable’ trade partner in the global supply chain and will enable delivery of
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Recently at the 2018 Lloyd’s List Americas Awards, APM Terminals took home the ‘Port Infrastructure Development of the Year’ award. The award recognises outstanding port infrastructure investment, which drives economic and social change in the Americas and improves environmental surroundings. During 2017, APM Terminals made substantial infrastructure investments throughout the Americas, which helped support trade
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Last week at the 2018 Lloyd’s List Americas Awards, APM Terminals took home the ‘Port Infrastructure Development of the Year’ award. The award recognises outstanding port infrastructure investment, which drives economic and social change in the Americas and improves environmental surroundings. During 2017, APM Terminals made substantial infrastructure investments throughout the Americas, which helped support trade growth,
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APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Thursday announced the standalone financial results for the quarter and full year ended March 31, 2018. Commented Mr Keld Pedersen, Managing Director, APM Terminals Pipavav, “The container volume grew by 19 per cent in Q4 FY18 compared to the previous quarter on account of new line additions.
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With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to hundreds of hours saved per day. The terminal’s latest digital solution also offers significant environmental benefits, cost savings and improved safety. APM Terminals Pipavav has developed an online version of Form
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APM Terminals MedPort Tangier in Morocco has welcomed three remotely controlled ship-to-shore (STS) cranes, designed to handle 22,000 TEU vessels. According to the terminal operator, the three cranes represent the world’s largest double trolley STS cranes which weigh 2,500 metric tons, have a height of 144 meters when boomed up, an outreach of 72 meters
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Danish shipping and energy conglomerate Maersk Group has set sights on achieving internal synergies of USD 600 million by the end of 2019, the company revealed on the occasion of its Capital Markets Day. Maersk reaped USD 100 million from synergies achieved in 2017 driven by, inter alia, 11 percent volume growth from Maersk Line
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