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ICTSI Lauds Philippines Gov’t Crackdown on Overstaying Containers

Chennai: Port Wings News Network: Port operator International Container Terminal Services, Inc. (ICTSI) has welcomed concrete steps taken by the Philippine government to clear Manila ports of overstaying cargo. Christian R. Gonzalez, ICTSI Global Corporate head hailed collaborative and complementing efforts of the Philippine Ports Authority (PPA), the Department of …

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Major Shipowner Trade Associations Agree To Enhance Cooperation

Chennai: Port Wings News Network: The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) have agreed to enhance their level of cooperation for the maritime sector. According to a media statement, the joint memorandum of understanding reached in Singapore few days …

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IRClass Executive Chairman Meets IMO Secretary General

Chennai: Port Wings News Network: During a recent trip to London, Mr. Arun Sharma, Executive Chairman of leading classification society Indian Register of Shipping (IRClass), paid a visit to the IMO’s headquarters to meet with Secretary General Mr. Kitack Lim. Although the visit was intended to be a courtesy call, …

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David Malpass Appointed as World Bank Group President

Chennai: Port Wings News Network: The Executive Directors of the World Bank today unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and …

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V.Group Opens New Centre of Excellence in Mumbai

Mumbai: Port Wings News Network: V.Group, a leading global marine support services provider, opened its state-of-the-art new home in Mumbai in a ceremony earlier this week. Colleagues from across the Group were joined by CEO, Ian El-Mokadem, and a number of distinguished guests, to open the new building in Windsor …

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Wärtsilä Successfully Completes Sea Trials of ‘Targetless’ Dp Laser Sensor Scenescan

Mumbai: Port Wings News Network: Wärtsilä, global leader in smart technologies, has successfully completed sea trials of its SceneScan system, the world’s first ‘target less’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to be deployed, thereby increasing both safety and operational uptime. The technology has …

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Panalpina and DSV Agree To Join Forces

Chennai: Port Wings News Network: DSV on 1 April 2019 announced an all share voluntary public tender offer for all publicly held shares of Panalpina. DSV and Panalpina have reached an agreement on the terms and conditions of a combination by way of a Public Exchange Offer to all Panalpina …

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PSA Appoints Peter Voser as New Group Chairman

Chennai: Port Wings News Network: PSA International Pte Ltd (PSA) on 29 March announced that Mr Fock Siew Wah will step down as Group Chairman on 1 April 2019, and assume the role of Special Advisor to PSA until his retirement on 31 July 2019. Mr Peter Voser, currently Deputy …

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