Chennai: Port Wings News Network: COSCO SHIPPING Lines has officially announced the “Day Two Product,” including confirmed port rotation for each service loop, on 19 December 2017. Reviewing the DAY ONE Product in 2017, OCEAN Alliance deploys 331 vessels and the total capacity up to 3.35 million TEU. 41 services …

    Chennai: Port Wings News Network: Maersk Trade Finance, part of Denmark-based A.P. Moller – Maersk and operating out of Denmark, is changing the way its customers in India and around the world fund their shipments to international markets. ON-BOARDED 100 CUSTOMERS ACROSS DIVERSE SECTORS Started in 2016, Maersk …

    Chennai: Port Wings News Network: On November 23 and 24, China and Italy held a Cooperation Forum in Venice, Italy, for China’s Belt and Road initiative to align with the development strategies of Europe. Venice is a famous port city, and an important site of the Belt and …

  New Delhi: Port Wings News Network: The 22nd AEPC Export Awards 2016-17, were held at a glittering ceremony in Hotel Le Meridien, New Delhi on 18 December. The awards recognized the top achievers of the Apparel Industry across a wide range of KPI’s and rewarded the best performers in …

Mumbai: Port Wings News Network: The Prime Minister, Mr Narendra Modi, on 14 December dedicated the naval submarine INS Kalvari to the nation, at a function in Mumbai. Congratulating the people of India on this occasion, the Prime Minister described INS Kalvari as a prime example of “Make in India.” …

    New Delhi: Port Wings News Network: The 24th Meeting of the GST Council held on 16 December 2017 through video conference under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Mr Arun Jaitley. It discussed about the implementation of e-way Bill system in the country. …

    New Delhi: Port Wings News Network: Responding to the Trade Data for the month of November, 2017, showing a sharp increase of 31%, Mr Ganesh Kumar Gupta, President, FIEO said that the global demand has surprised with its strength. The positive growth in exports in November, 2017 have …

    Chennai: Port Wings News Network: Hutchison Ports Port of Felixstowe has become the first port in the UK to handle over 1 million TEU by rail in a single year. The one millionth unit was loaded today (13 December 2017) onto the 13:34 Freightliner service to Birmingham. Commenting …

    Chennai: Port Wings News Network: In yet another demonstration of its growing global recognition, Indian Register of Shipping (IRClass), a leading classification society, has received authorisation as a Recognised Organisation (RO) from Merchant Shipping Directorate of Transport, Malta. Malta is the sixth largest flag in the world and …

    Chennai: Port Wings News Network: Stiftelsen Det Norske Veritas (The Foundation) and Mayfair announce the sale of Mayfair’s 36.5% shares in DNV GL Group AS to DNV Holding AS. The agreement regarding the leading quality assurance and risk management company DNV GL was signed on 8 December 2017. …

    Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC) has successfully completed a multi-modal shipment trial for DHL Global Forwarding (DGF) to deliver healthcare products from Moscow to Miami using an RKN active cargo container in accordance with Good Distribution Practice (GDP) cool chain standards. The RKN is a …

    New Delhi: Port Wings News Network: Corporate India sought lower tax and more incentives for investments while exporters called for quicker GST refunds at a meeting with Finance Minister Arun Jaitley in the run-up to the last full-year Budget of the NDA government before 2019 general elections. The …

    The government of India’s much-anticipated mid-term review of Foreign Trade Policy (FTP) has been well received among the trade in the country. The textile and agri industry, which are the prime movers in raking in foreign exchange into the country via huge exports, said the government’s mid-term review …

    Chennai: Port Wings News Network: This year there has been steady growth in the volume of export cargo being transported through Russian ports. For the first 11 months of 2017, it increased by 6.3% over the same period in 2016, reaching 266.8 million t due to a 10.5% …