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DP WORLD Signs Agreement To Boost International Trade

Chennai: Port Wings News Network: An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed on 19 July between the global trade enabler and the …

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FIEO Welcomes Govt’s Proactive Approach of Help Desks

New Delhi: Port Wings News Network: FIEO President, Mr Ganesh Kumar Gupta welcomed the proactive approach of the government particularly the Central Board of Indirect Taxes and Customs (CBIC) to set up Help Desks or Facilitation Centres at FIEO’s offices at different locations in the country. The initiative taken by …

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Panalpina Perishables Network Expands to South Africa

Chennai: Port Wings News Network: Following last month’s acquisition in Argentina, Panalpina is now expanding its Perishables Network to South Africa. The international freight forwarding and logistics company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with …

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Double-Digit Profitability Growth for Panalpina

Chennai: Port Wings News Network: The international freight forwarding and logistics company Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF …

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MV SSL Kolkata Fire: Salvage Operations Continues

New Delhi: Port Wings News Network: The salvage operations of the container vessel MV SSL Kolkata that had caught fire last month, is continuing in rough weather conditions with 2- 4 metre swells. The vessel is grounded at about 8 nautical miles off the ecologically sensitive Sundarbans since 13 June …

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Chidambaranar Port Receives Export Containers From Trichy by Rail Mode

Tuticorin: Port Wings News Network: V.O. Chidambaranar Port on 16 July 2018 received the inaugural consignment of80 TEUs of e-sealed Export Containers from Dalmia Cements,Thiruchirapalli, by rail. The unloading of the containers were inaugurated by Shri N. Vaiyapuri, Deputy Chairman, V.O. Chidambaranar Port, Tuticorin and Shri S. Sivakumar, Additional Commissioner, …

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NUSI, MUI Meet Union Minister Nitin Gadkari on Various Issues

Chennai: Port Wings News Network: The National Union of Seafarers of India (NUSI) and the Maritime Union of India (MUI) have strongly protested against the decisions – Cabotage relaxation, Right of First Refusal (ROFR) for Indian flag ships, and privatize the Dredging Corporation of India (DCI) — of the Government. …

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