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News Digest8th January 2020

India: Adani Logistics take stake Snowman Logistics

Ahmedabad, Gujarat, India: Adani Logistics, a subsidiary of Adani Ports, has signed definitive agreements to acquire a 40.25% stake in Snowman Logistics from Gateway Distriparks. Snowman Logistics provides temperature controlled logistics services, including transport and warehousing of food. Adani Logistics is a pan-Indian integrated logistics service provider. Khaitan & Co advised Gateway Distriparks in the …

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News Digest2nd January 2020

International perishables trade tops 163 million tonnes

Alkmaar, Netherlands: The Dynamar’s 2019 Reefer Analysis show that the international perishables trade reached a record 163m tonnes in 2018 with 119m carried by sea. But trade flows by the year end were erratic as output in key economies slowed. Trade tensions continue to cause concern among shippers and carriers. But demand for fresh produce …

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