Page 7 - Equivalent Units News Today

The liquor maker reported a standalone net profit of Rs 167.30 crore in Q4 FY21, steeply higher than net profit of Rs 23.90 crore in Q4 FY20. Net sales during the quarter increased 11.6% YoY to Rs 2224.40 crore, driven by continued off-trade momentum and weaker comparatives, offset by contraction of owned business in Andhra Pradesh (AP) and softer footfalls in on-trade channel. Total sales volume rose 8.1% to 19.7 EUm (Equivalent Units in millions) in Q4 FY21 from 18.3 EUm reported in Q4 FY20....

CMA CGM orders IMO 2020-friendly containerships May 3, 2021 3:19:pm Summary by: Daniel Graeber Posted in: CMA CGM orders IMO 2020-friendly containerships French shipping group CMA CGM said April 30 it had signed orders for 22 containerships, 12 of which will be fuelled by LNG. For an undisclosed sum, the French company said it signed an order with China State Shipbuilding Corporation for newbuild containerships. The cargo capacity of the 12 LNG-fueled vessels will be evenly split between 13,000...

BUSINESS NEWS A section of the Mombasa Port (PHOTO: FILE) Mombasa port handled 9.54 million tons of cargo in the first three months of this year up from 8.62 million tons it processed in the same period last year despite the Covid-19 pandemic. Kenya Ports Authority (KPA) on Thursday said the 10.7 per cent growth in the volume of business at the port was due to the opening up of ports in China and increased efficiency at the facility. In the latest report, KPA said the port recorded the highest ...

GOVERNOR Babajide Sanwo-Olu inadvertently gave an insight into the corruption and racketeering within the Lagos ports and its environs when he rece...

SGR cargo volume jumps 28 percent Tuesday March 09 2021 The efficacy and impact of the entire SGR can only be seen and felt through cargo transport. FILE PHOTO | NMG By BONFACE OTIENO Summary Kenya Railways Corporation (KRC) said Monday that 23,040 Twenty-foot Equivalent Units (TEUs) of cargo was carried on the SGR in February 2021, up from 17,974 TEUs moved in February 2020. Last month’s performance translates into an average of 8.2 trains carrying over 800 TEUs per day (230 trains), against...

Empty containers: NPA empowers Port Manager to sanction shipping companies On By Godfrey Bivbere NIGERIAN Ports Authority, NPA, has empowered port managers to sanction shipping companies that are unwilling to return empty containers, as well as stop collection of illegal money for depositing empty containers at their holding bays.   Vanguard Maritime Report learnt that most of the shipping companies are still collecting toll of between N5,000 and N10,000 from importers and truck drivers to be...

By Chiazo Ogbolu Lagos, Feb. 10, 2021 Ports & Cargo Handling Services, a subsidiary of SIFAX Group, is targeting 300,000 Twenty-foot Equivalent Units (TEUs) cargo capacity for 2021. Mr John Jenkins, Managing Director, Ports & Cargo Handling Services, disclosed this in a statement in Lagos on Wednesday. A TEU or Twenty-foot Equivalent Unit is an exact unit used to measure cargo capacity for container ships and container terminals. Jenkins said that the terminal recorded an increase of 12,153 TEU...

Vanguard News Ports & Cargo Terminal records 6% growth On    Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group and concessionaire of Terminal C, Tin Can Island Port, Apapa, has said that it recorded 12,153 Twenty Equivalent Units, TEUs of containers throughput representing six per cent increase last year compared to 2019. This is even as the foremost terminal operator said that it is targeting 300,000 TEUs in the 2021 business year. Managing Director, Ports & Cargo Handlin...

FBRs export facilitation strategy leads to significant trade growth upto 50pc   Published On FBR also removed regulatory duty on import of cotton yarn, till June 30, 2021 ISLAMABAD (Dunya News) – The Integrated Strategy, devised by the Federal Board of Revenue, has amply contributed to significant increase in exports from Pakistan, reaching to US $2.4 billion in December 2020 as compare to US $ 1.6 billion in August 2020, showing about 50 percent growth. As compared to the exports of US $1....

  With this new form of nano-technology, it claims to have created a virus-free space for the CNBC-TV18 news channel.   First steps CPIL is a plywood and decorative veneer manufacturer, incorporated in 1986, by Sajjan Bhajanka and Sanjay Agarwal. It is head-quartered in Kolkata. It began as a small unit, employing just 50 people in the first year of operations. It became a listed company in 1997, and in the same year, an important breakthrough catapulted it into the limelight — it became th...