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APSEZ Mundra inaugurates Port Community Systems

MUNDRA: APSEZ, Mundra has inaugurated the PCS (Port Community Systems) on 1st February...

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Maersk Group is in a good position to handle a challenging 2016

COPENHAGEN : The Maersk Group delivered a profit of USD 925m (USD 5.2bn) and an underlying profit of USD 3.1bn (USD 4.5bn). After a satisfactory result in the first half of the year with a ROIC of 10.2%, Maersk Group was severely impacted by a widening supply-demand gap across most of our businesses, leading to significant oil price and freight rate reductions...

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SCI Net profit doubles to Rs 59.66 cr in Q3 FY 2016

MUMBAI : The Shipping Corporation of India (SCI) declared its unaudited financial results for the quarter ended 31st December 2015 posting a Net profit of Rs. 59.66 crores as against a net profit of Rs. 31.35 crores during the quarter ended 31st December 2014.

With this, SCI has registered a net profit of Rs. 384.41 crores for the nine month...

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