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AD Ports Group, Hutchison Ports sign MoU for strategic partnership

AD Ports Group signed a Memorandum of Understanding (MoU) with Hutchison Ports, the world's leading port investor, developer and operator.
AD Ports and Hutchison Ports, as per the MoU, will identify joint investment and business opportunities related to feedering, logistics, and port activities across the GCC, Africa, and Asia, says a release issued by AD Ports.

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Porter partners with GoMechanic as a logistics partner to enhance customer experience

Porter, India's largest marketplace for intracity logistics has partnered with GoMechanic to provide seamless logistical support to the company, ensuring smooth operations and enhanced customer experience. Porter's enterprise solution – Porter For Enterprise (PFE) has been delivering its logistics services to GoMechanic in 8 cities including Ahmedabad, Bangalore, Chennai, Delhi NCR & Mumbai helping the company in serving more than 2,50,0000+ customers.

https://www.itln.in/logistics/....porter-partners-with

Maersk hikes 2022 EBITDA guidance to $37bn

Danish carrier Maersk has increased its full-year (2022) guidance upwards to EBITDA of $37 billion (earlier estimate of $30 billion) and EBIT to around $31 billion (earlier estimate of $24 billion).

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According to Fortune Business Insights The global atmospheric water generator market size is expected to touch USD 6,214.9 million by 2027 on account of the rising demand for potable water and decline in the availability of freshwater. As per a recent report published by Fortune Business Insights. The value of this market was USD 1,940.8 million and will rise at a CAGR of 18.1% between 2020 and 2027.

Information Source:
https://www.fortunebusinessins....ights.com/atmospheri

Drivers & Restraints-
Advent of Smart Technology into Water Generators to Add Impetus
The rise in industrialization and urbanization have led machines to overpower natural habitat. A decline in freshwater sources has been observed so as to provide more space for new buildings and recreational spaces. The decline in the level of freshwater sources, coupled with the increasing industrialization and urbanization are the key factors promoting the atmospheric water generators market growth. Besides this, the stringent regulations imposed on environment and water safety will also aid in favor of the market.
Industrial Segment Gained Dominance Owing to High Demand for Water

The global market for atmospheric water generators is dominated by the industrial section based on segmentation by application with a 74.5% share earned in 2019. The growth of this section is attributed to the large quantity of water used in industries and manufacturing units. Large scale industries are now acquiring economical and sustainable water solutions such as atmospheric water generators to meet the increasing demand for water.

ZIM announces additional investment of $5mn in Sodyo

"Sodyo's next generation scanning technology creates highly functional offline to online (O2O) solutions that allows businesses to access information and understand their workflows, and enable online interaction with customers," says a statement from ZIM. "Using customisable colourful markers, Sodyo's Visual Code takes scan technology beyond the QR code to operate on any media (outdoor or indoor, print or digital, mobile or stationary) from much greater distances than with any other technology, scanning multiple markers at one time and under a wide variety of environmental conditions."

https://www.itln.in/logistics/....zim-announces-additi