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Monthly Archives: October 2017

DP WORLD Reports 13.5% Gross Volume Growth in Q3 of 2017

Chennai: Port Wings News Network: DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with gross container volumes growing by 10.0% year-on-year on a reported basis and 9.6% on a like-for-like  basis, with the third …

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ICTSI Seals Second Phase Basra Gateway Terminal Expansion

Chennai: Port Wings News Network: Enrique K. Razon Jr, Chairman & President of International Container Terminal Services Inc. (ICTSI) has signed the Expansion Agreement for the second major development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq. CONTINUOUS BERTHING LINE OF 600M According to a …

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Schulte Marine Concept Wins First Cruise Ship Newbuilding Contract

Chennai: Port Wings News Network: Schulte Marine Concept (S.M.C), the project management arm of leading international maritime services company Bernhard Schulte Shipmanagement (BSM), working together with Bernhard Schulte Cruise Services (BS Cruise), has won its first cruise ship contract with Portugal-based Mystic Cruises. According to a media statement, Schulte Marine …

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Redsanders Worth Rs 3.2 Crore Seized in Chennai Port

Chennai: Port Wings News Network: The Directorate of Revenue Intelligence (DRI) has busted a red sanders smuggling racket at Chennai Port. According to multiple reports, a container stuffed with 10 wooden boxes containing 8.1 metric tonnes of the red sanders, worth Rs 3.2 crore, was cleared for export to Malaysia …

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Seafarer Abandonment Continues With Ongoing Owner Impunity

Chennai: Port Wings News Network: Human Rights at Sea calls for renewed and reinvigorated international efforts to deliver faster solutions, effective remedies and repatriation for all stranded and abandoned seafarers in the global shipping industry, and a greater focus on naming and shaming owners who otherwise revel in their impunity …

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