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Monthly Archives: May 2019

Mansukh Mandaviya Takes Charge as MoS Shipping

New Delhi: Port Wings News Network: Mansukh Lal Mandaviya on 31 May 2019 took charge of the Shipping Ministry as Minister of State (Independent charge) and said hard work to serve the nation will be his top priority, according to a report in Business Standards. A Rajya Sabha member of …

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Editorial: Landslide Reelection Victory for Narendra Modi

Port Wings, 29 May 2019: With Bharatiya Janata Party securing a commanding parliamentary majority in the largest democratic exercise in history, Narendra Modi is all set for a comfortable second term as the Prime Minister of India. President Donald Trump congratulated Modi and the BJP on their election victory in …

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Indian Register of Shipping Hosts Multi-Stakeholder Seminar on IMO Sulphur Limit Compliance and GHG Emissions Strategy

Mumbai: Port Wings News Network: The Indian Register of Shipping (IRClass), a leading ship classification society, recently hosted a seminar in which industry stakeholders discussed the impending 2020 IMO fuel sulphur regulation and the initial IMO Strategy on reduction of greenhouse gas (GHG) emissions from ships. Held at IRClass’ head …

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Paradip Port Creates All Time Record in Vessel Movement

Paradip: Port Wings News Network: Paradip Port has added yet another feather to its cap by successfully completing movement of 30 vessels within 24 Hrs. beginning from 7.30 AM on 27th May, 2019 till 7.30 AM this morning (28 May 2019). It includes 10 incoming vessels, 9 outgoing vessels, 3 …

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A.P. Møller – Mærsk A/S Reports Solid Uplift in Earnings

Chennai: Port Wings News Network: A.P. Moller – Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018. Operating cash flow improved significantly to …

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Svitzer Begins Landmark Trial of New Line Handling Technology

Chennai: Port Wings News Network: Svitzer, the leading global towage operator, on 23 May 2019 announced that it has begun landmark sea trials of a new ‘industry-first’ remotely operated line catching technology prototype. CRITICAL ELEMENTS OF TOWAGE OPERATIONS The new innovative mechanism is being trialled on the vessel Svitzer Trym, …

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CEPAL: ICTSI Honduras is CA-4’s Best Port

Chennai: Port Wings News Network: The United Nations Economic Commission for Latin America and the Caribbean (Comisión Económica para América Latina y el Caribe or CEPAL) has voted Puerto Cortés operated by Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services, Inc. (ICTSI), as the best maritime …

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CMA CGM Orders 50,000 Traxens Trackers

Chennai: Port Wings News Network: The CMA CGM Group, a world leader in shipping and logistics, is pleased to announce a new order for 50,000 Traxens trackers. As a structuring shareholder and the first company to have invested in Traxens in 2012, CMA CGM participated in the development of the …

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Shipping Secretary Inaugurates Newly Constructed Terminal at NMPT

Mangalore: Port Wings News Network: New Mangalore Port achieved yet another milestone on 22 May 2019 when Shri Gopal Krishna, IAS, Secretary (Shipping), Government of India, inaugurated the newly constructed Terminal at Berth No.16 for mechanised handling of coal at a project cost of Rs. 469.46 crores in the presence …

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