Boskalis Awarded Two Dredging Contracts in Finland

Chennai: Port Wings News Network: Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts in Finland by the Finnish Transport Infrastructure Agency, the Port of Helsinki and the City of Helsinki with a combined contract value of EUR 32 million. In the Port of Helsinki, Boskalis will deepen de …

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Airline Debt to Balloon by 28%, IATA Analysis Shows

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. $67 billion of the new debt is composed of government …

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JNPT, a Major Contributor to India’s Growth Story

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port has been continuously evolving and upgrading to improve operational efficiency parameters. The port’s continuous growth and expansion has helped JNPT to perform its duties of a strategic contributor to nation building. In the current scenario too, …

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Swire Bulk Takes Delivery of New Bulk Carrier Singan

  Chennai: Port Wings News Network: Swire Bulk, the bulk division of The China Navigation Company, has taken delivery of its new, log-fitted bulk carrier into service. MV Singan is traded worldwide with a strong focus on the logs trade in the Pacific and South Atlantic. MV Singan is the …

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TEA Hails RBI Measures To Support Exports & Imports

Chennai: Port Wings News Network: In a press release issued on 22 May 2020, Shri Raja M Shanmugham, President, TEA, thanked the RBI Governor, Shri. Shaktikanta Das for reduction of the policy repo rate by 40 basis points (0.4%) from 4.40% to 4% with immediate effect and noted that this …

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