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Monthly Archives: April 2018

APM Terminals Launches Integrated Cold Chain Solutions in Chennai

Chennai: Port Wings News Network: APM Terminals inaugurated its first state-of-the-art cold storage warehouse in India, which will ensure reliable and stable transport of cargo, including goods such as fish, fruits, medicines, and specialty chemicals, which require strict temperature contol throughout the supply chain. The facilities will provide refrigerated container …

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For Container Freight Stations, Existential Crisis Looms

Chennai: Port Wings News Network: Surging share of direct port delivery (DPD), especially at the Jawaharlal Nehru Port Trust (JNPT), means growth in the container freight station (CFS) industry in India would be facing an existential crisis sooner than later, starting with flatlining of revenues this fiscal. The industry, with …

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Chidambaranar Port Handles Record 7 lakh TEUs in Financial Year 2017-18

Tuticorin: Port Wings News Network: During the financial year 2017-18, V.O. Chidambaranar  Port  Trust (erstwhile Tuticorin Port Trust)  handled cargo traffic of 365.83  lakh  tonnes against  the previous year’s achievement of 384.63  lakh tonnes,  registering a  decrease of  4.89 %. According to a media statement, the imports have accounted for …

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Editorial: US Trade Tariffs on Steel and Impact on India

Port Wings, 18 April 2018: Last month the United States President Donald Tump imposed 25% tariffs on steel imports into the county, citing concerns about the dumping of cheap imported steel ruining American industries and taking away jobs. Given the trade relations between the US and India, it is important …

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Suresh Prabhu Launches Digital Platform for MSME Exporters

New Delhi: Port Wings News Network: The Minister of Commerce & Industry Shri Suresh Prabhu on 17 April launched the FIEO GlobalLinker- a digital platform for MSME exporters to digitise their businesses and join a global community of growing businesses in New Delhi. The Minister congratulated Federation of Indian Export …

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Milaha Takes Part in Qatar-India Business and Investment Conference

Mumbai: Port Wings News Network: Milaha, a Qatar-based maritime and logistics conglomerate, is taking part in the Qatar-India Business and Investment Conference on 16-17 April 2018, which aims at strengthening bilateral relations between the two countries in light of the significant growth these ties have witnessed in recent years. Mr. …

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Goa to be Developed as Cargo Hub: Minister Suresh Prabhu

New Delhi: Port Wings News Network: Central government in the collaboration with state government and private partners is working on to promote Goa as a tourism destination as well as a cargo hub, Union Minister for Civil Aviation Shri Suresh Prabhu. He was addressing media persons at Dabolim Airport, Goa …

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