Panalpina Perishables Network Expands to South Africa

Chennai: Port Wings News Network: Following last month’s acquisition in Argentina, Panalpina is now expanding its Perishables Network to South Africa. The international freight forwarding and logistics company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with …

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Double-Digit Profitability Growth for Panalpina

Chennai: Port Wings News Network: The international freight forwarding and logistics company Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF …

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MV SSL Kolkata Fire: Salvage Operations Continues

New Delhi: Port Wings News Network: The salvage operations of the container vessel MV SSL Kolkata that had caught fire last month, is continuing in rough weather conditions with 2- 4 metre swells. The vessel is grounded at about 8 nautical miles off the ecologically sensitive Sundarbans since 13 June …

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