Bharat Mumbai Container Terminals Handles One Millionth TEU

Mumbai: Port Wings News Network: PSA’s Bharat Mumbai Container Terminals (BMCT) on 18 October 2019 handled its one millionth TEU during the call of CMA CGM’s M.V Bermuda. BMCT achieved the record in the presence of Shri Sanjay Sethi, IAS, Chairman, Jawaharlal Nehru Port Trust (JNPT), Mr Ugo Vincent, CMA …

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Government Shuts 14 Maritime Training Institutes for Malpractices

Mumbai: Port Wings News Network: The Directorate General of Shipping (DGS) has shuttered 14 maritime training institutes in the country for indulging in fraudulent practices as India’s maritime administration steps up efforts to improve the training quality in a bid to capture a larger share of the global seafarers’ market, …

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Global Economic Risks Reinforce Need To Strengthen Global Cooperation at Multilateral Level: Finance Minister Nirmala Sitharaman

New Delhi: Port Wings News Network: Union Finance Minister, Smt Nirmala Sitharaman, has said that the global economic risks and imbalances reinforce the need to strengthen global co-operation at the multilateral level, besides governmental initiatives. She stated this in her intervention during International Monetary and Financial Committee (IMFC) Plenary Session …

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Containership Fires: Time To Take Action, Says IUMI

New Delhi: Port Wings News Network: This year has already seen an alarming number of container ship fires including Yantian Express, APL Vancouver, Grande America, E.R. Kobe and KMTC Hong Kong. The escalation is of growing concern to IUMI (International Union of Marine Insurance) who used a recent forum to …

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FIEO to Focus on Japan To Realise Untapped Potential

New Delhi: Port Wings News Network: The current export of US$ 17.6 billion does not reflect the true potential of trade between India and Japan, Mr S K Saraf, President, FIEO, has said. Addressing the session on Trade & Business Opportunities between India and Japan, Mr Saraf said that the …

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MSC Rules Out Arctic Exploration on Environmental Concerns

Chennai: Port Wings News Network: MSC Mediterranean Shipping Company, a global leader in transportation and logistics, has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on improving environmental performance on existing global trade routes. The Northern Sea Route …

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Tuticorin Hosts 7th Edition of CII Conference on Logistics 2019

Tuticorin: Port Wings News Network: Confederation of Indian Industry (CII) Thoothukudi District organized the 7th edition of CII Conference on Logistics 2019 with the theme “Thoothukudi – Transshipment Hub” on 16 October 2019 at Hotel DSF Grand Plaza, Thoothukudi. Addressing the gathering, Mr T K Ramachandran, Chairman, V.O. Chidambaranar Port …

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