Transworld Group – Transformation, In perpetuity…

MUMBAI: Transformation, In perpetuity, remains at the core of heart of Mr. Ramesh S. Ramakrishnan, Chairman and Mr. Ritesh Ramakrishnan, Joint Managing Director of Transworld Group, who are currently leading the legacy of four decades old company that aims to constantly redefine the logistics industry by continually seeking out new avenues of service excellence in
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Overseas Shipholding Group, Inc. a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results for the second quarter 2018. Highlights Net income for the second quarter was $3.1 million, or $0.03 per diluted share, compared with net income of $3.2 million, or $0.04 per diluted share,
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The litigation in the United States related to competing maritime lien claims against vessels whose charterers contracted with OW Bunker & Trading A/S or its affiliates (OW Bunker) in October-November 2014 has continued over the past year, primarily at the appellate level. THE UNDERLYING DISTRICT COURT RULINGS As previously reported, last year litigants in the
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Because of high oil prices, the CMA CGM Group has decided to maintain the emergency bunker recovery measure to recover this increase*. As a result, as from August 1, 2018 (date of loading in the origin ports) until further notice, this measure, based on the Brent average price in June, will be applied to all
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BIO-UV Group, the France-based manufacturer of the BIO-SEA ballast water treatment system and other ultraviolet-based water treatment technologies, has announced its initial public offering (IPO) has been approved on the Paris Euronext Growth market. The public listing was accepted on the 5th July 2018, with a final share price of €3.84. Benoit Gillmann, President and
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Cathay Pacific and Cathay Dragon carried 180,354 tonnes of cargo and mail in June 2018, an increase of 5.8 per cent compared to the same month last year. The cargo and mail load factor rose by 2.3 percentage points to 70.6 per cent. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 2
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MUMBAI: Bhavani Group of Companies, a fast growing logistics service provider launched a new manufacturing unit under the banner ‘KDS Bhavani Packaging Pvt. Ltd.’ at MIDC in Mangaon, Maharashtra on Monday 2nd July 2018.  KDS Bhavani will now procure premium quality Pine wood that will be exclusively used for Wooden Pallet manufacturing. KDS Bhavani is
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July 3, 2018: Acumen Overseas, a subsidiary of Group Concorde and the Ethiopian Airlines recently awarded certifications to their top agents in India. The winners included TS India Logistics Solutions, Kuehne +Nagel, Ceva Freight (India), Bollore Logistics India and Kintetsu World Express (India). Prithviraj Singh Chug, director of Group Concorde thanked the agents for their
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The death of Mr Jacques R. Saadé (on June 24), Founding President of the CMA CGM Group, roused an emotional response within the Group, in the entire maritime transportation industry and beyond. Exceptional tributes were paid to him on Friday, June 29, during his funeral. Tribute from the French government and local authorities Mr Jacques
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The government of India has constituted a group of eminent persons to study the Special Economic Zones (SEZ) Policy of India. The SEZ Policy was implemented from April 1, 2000. Subsequently, the Special Economic Zones Act, 2005 was passed by Parliament in May 2005 and received Presidential assent on June 23, 2005 and the Special
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