A.P. Moller – Maersk (Maersk) said that it has joined forces with Ispahani Summit Alliance Terminals Limited (ISATL) for the construction of a 200,000sft custom bonded warehouse in Chattogram, Bangladesh. ISATL is engaged in constructing and operating warehouses and container freight stations (CFS). The Bangladesh-based firm is operating four container freight stations within Chattogram and […]
Adani Ports and Special Economic Zone Limited said that its fully-owned subsidiary — Adani Krishnapatnam Port Limited has agreed to acquire 100% of Seabird Distriparks (Krishnapatnam) Private Limited for a sum of INR 19.22 crores. Seabird Distriparks is involved in owning, operating, and maintaining container freight station, which are facilities established for in-transit container handling, […]
Allcargo Logistics said that its board of directors has sanctioned the demerger of its container freight station (CFS)/inland container depots (ICD) business into Allcargo Terminals and demerger of its equipment rental, logistics parks and other real estate assets into TransIndia Realty & Logistics Parks. The Indian logistics company said that the move will enable it […]