Mumbai: Despite a loss in the second quarter of 2018, Evergreen Marine Corp. is moving forward with further fleet renewal. Evergreen said it is making plans to charter an additional 38 smaller containerships on top of an existing large order book. According to filings with the Taiwan Stock Exchange, two …

New Delhi: In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.67/2018-CUSTOMS (N.T.), dated  2nd August, 2018 except as respects things done or omitted to be done before such …

Chennai: Port Wings News Network: The Nation’s 72nd Independence Day was celebrated at Kamarajar Port on 15 August 2018. Shri P. Raveendran, IRTS, Chairman-cum-Managing Director, unfurled the National Flag and delivered his speech on the occasion. On that occasion, CMD, KPL distributed cash awards to the children of KPL employees/CISF …

New Mangalore: Port Wings News Network: The 72nd Independence Day was celebrated in New Mangalore Port Trust (NMPT) at the JNC Hall, Panambur. Shri. Srikrishna Karuturi, ITS, Chief Vigilance Officer, NMPT, was the Chief Guest for the celebrations. He congratulated the participants and their families on the occasion and reviewed …

Tuticorin: Port Wings News Network: Independence Day has been celebrated by V.O.Chidambaranar Port Trust in a grand manner at Port’s School ground on 15 August 2018. The celebrations to mark the 72nd Independence Day commenced with the hoisting of the National Flag by Shri N. Vaiyapuri, Deputy Chairman, V.O. Chidambaranar …

Chennai: Port Wings News Network: The 72nd Independence Day was celebrated in Chennai Port Trust on 15 August 2018. Shri P. Raveendran, IRTS, Chairman hoisted the National Flag inside the port premises. Mr Raveendran inspected Guard of Honour and addressed the gathering. Shri Cyril C George, Deputy Chairman, Trustees, Trade …

Paradip: Port Wings News Network: The 72nd Independence Day was celebrated by Paradip Port Trust Authority on 15 August. Shri Rinkesh Roy, Chairman, PPT, unfurled the National Flag and took salute from platoons consisting of CISF Jawans at Gopabandhu Stadium. Addressing on the occasion, Chairman, PPT, informed that PPT has …

New Delhi: Port Wings News Network: Responding to the July, 2018 trade data, FIEO President, Mr Ganesh Kumar Gupta said that consecutively for third month in a row exports have shown double-digit growth, however the rate of growth has declined. MSME units particularly labour-intensive sectors such as marine products, RMG …

Port Wings, 15 August 2018: In the segment of sector magazines in India, Port Wings Maritime Exim Weekly Newspaper, a one of its kind weekly in ports, shipping and logistics, has sailed four years and now successfully entering into its fifth year journey. In the last four years, Port Wings …

Chennai: Port Wings News Network: A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, 11th August,   more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data. The …

New Delhi: Port Wings News Network: The Union Minister of Agriculture and Farmers’ Welfare, Radha Mohan Singh met the Minister of Foreign Affairs and European Integration of the Republic of Moldova, Tudor Ulianovschi, in New Delhi on Tuesday, 14th August and called for strengthening traditional ties between the two countries …

 Chennai: Port Wings News Network :  German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operating costs from fuel costs, charter rates and a slow recovery in freight rates. The Company said that they have implemented additional measures to recover …

New Delhi: Port Wings News Network: To further strengthen our strong bilateral relations with Fiji, an Indian Naval Ship (INS) Sahyadri entered Port of Suva this morning on a goodwill visit. The Naval Ship is visiting Republic of Fiji enroute to India after participation in the RIMPAC 2018 at Hawaii. …

Chennai: Port Wings News Network: While there may be clouds on the horizon in the form of tariff and trade war fears, economic fundamentals are likely to win-out in the long run, according to the Global Container Terminal Operators Annual Review and Forecast 2018 by global shipping consultancy Drewry. Against …