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Monthly Archives: April 2018

MISC Group Welcomes the Fifth and Final Moss-Type LNG Carrier

Chennai: Port Wings News Network: MISC Group, a leading provider of international energy-related maritime solutions and services, today announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC …

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Mohammed bin Rashid Attends Launch of DP World Cargospeed

Chennai: Port Wings News Network: Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum attended the launch of DP World Cargospeed, a new global company created through a partnership between global trade enabler DP World and Virgin Hyperloop One, to provide …

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Milaha Reports Net Profit of QAR 260 Million for Q1 2018

Chennai: Port Wings News Network: Milaha Maritime &Logistics’ revenue increased by QAR 65 million and net profit by QAR 29 million as a result of volume growth in Ports business, and better operating margins in Container Shipping unit. Milaha Gas & Petrochem’s revenue decreased by QAR 5 million and net …

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Chennai Port Berths Highest Parcel Size Edible Oil Vessel

    Chennai: Port Wings News Network: M.T.ALICE (LOA-183.2m) had called Chennai Port on her maiden voyage on 17 April 2018 and berthed at WQ2 with 36500 Tonnes of Crude Sunflower Oil. This is the highest parcel size under the category of edible oil ever handled at the Port. According …

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Airport Profits Continue To Grow in Australia

Chennai: Port Wings News Network: Brisbane, Melbourne, Perth and Sydney airports all significantly increased their profits from aeronautical activities in 2016-17, with profits per passenger also rising, according to the ACCC’s annual Airport Monitoring Report. The four airports earned a combined $757.6 million in operating profits (EBITA) from aeronautical activities …

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DP WORLD Reports 7.3% Gross Volume Growth in First Quarter of 2018

Chennai: Port Wings News Network: DP World Limited handled 17.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2018, with gross container volumes growing by 7.3% year-on-year on a reported basis, and 8.4% on a like-for-like basis, well ahead of Drewry …

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