Chennai: Port Wings News Network: With industrial output and consumption-driven sectors recovering in H2 FY2018 from the initial lull post GST implementation, the freight demand in the country has also reported healthy pickup during the second half of the previous fiscal. According to Mr. Shamsher Dewan, Vice President & Sector …

Port Wings, 11 July 2018: It is a known fact and has been recorded in the history that previous Indian Prime Ministers’ visits to China, right from Pandit Jawaharlal Nehru, Rajiv Gandhi, Atal Behari Vajpayee and Dr Manmohan Singh have yielded no tangible gains from Chinese side. However, the latest …

Chennai: Port Wings News Network: Milaha, a Qatar-based maritime and logistics conglomerate, has announced the deployment of its liftboat, Milaha Explorer, off the coast of West Africa as part of a long-term charter with a major international oil company. Milaha Explorer is the largest of its kind to be owned …

Chennai: Port Wings News Network: The continuous effort of Port authorities to provide the best of service to its customers is yielding the result with TCI Seaways starting new feeder vessel operations connecting Mundra, New Mangalore and Cochin Ports on weekly service. The Indian flagged vessel ‘TCI EXPRESS’ loaded with …

Chennai: Port Wings News Network: Government of India is providing 90% subsidy to weavers for their handlooms and accessories under the Hathkargha Samvardhan Sahayata (HSS) Yojana. The scheme, launched in August 2016, meets the needs of the handloom weavers for assistance on a larger scale for looms and accessories. The …

New Delhi: Port Wings News Network: Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, interacted with the trading houses and exporters in New Delhi on 4 July 2018. He sought their suggestions on formulating a strategy for increasing exports by USD 100 billion in the next few …

Chennai: Port Wings News Network: Alongside the 70th anniversary of the International Maritime Organization (IMO), in 2018, the World Maritime University (WMU) is celebrating 35 years. WMU has made a major contribution to global maritime education, research and capacity building. In this respect its legacy has been transformative with its …

Chennai: Port Wings News Network: USG Boral Building Products India Ltd., a leading plasterboard, metal, joint compound, putty and mineral fibre ceiling products company, hosted a groundbreaking ceremony on 5 July 2018, marking the start of construction of its plasterboard manufacturing plant in Sri City. Mr. Frederic De Rougemont, Group …

Chennai: Port Wings News Network: Hamburg Süd stands for quality and individual customer service with a personal touch. Fans of the shipping company – and of liner shipping in general – can now purchase products in Hamburg Süd’s characteristic red corporate design in a new online shop. Items ordered online …

    Chennai: Port Wings News Network: CMA CGM has announced the reshuffling of its Middle East services as from the end of July 2018. The Ocean Alliance Day Two Product will offer in total 4 loops between Far East and Middle East ports with competitive transit time. CIMEX 1 …

Chennai: Port Wings News Network: SEKO Logistics is demonstrating its confidence in the continued cross-border growth potential of British brands globally by investing in a new flagship airfreight and omni-parcel services facility close to London Heathrow. The move comes as SEKO’s revenues are set to top £100 million in the …

Chennai: Port Wings News Network: Virgin Atlantic Cargo has awarded a three-year cargo handling contract to Menzies Aviation in Australia. The new agreement saw Menzies take over Virgin Atlantic’s cargo handling in Melbourne on June 8, with Brisbane to follow on 9 July, and Sydney on 7 August. DAILY SERVICES …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 4 July 2018 released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 4.2% in May 2018, compared to the same period the year before. This was slightly down from the …

New Delhi: Port Wings News Network: In a session presided over by the Union Minister of Commerce & Industry and Civil Aviation, Mr Suresh Prabhu, and attended by the Commerce Secretary, Ms Rita Teaotia; OSD, Department of Commerce, Dr Anup Wadhawan and DGFT, Mr Alok Chaturvedi, FIEO unveiled its strategy …