Home / Editor News (page 20)

Editor News

Brussels Airlines Enters Into Joint Agreement With Lufthansa Cargo

Chennai: Port Wings News Network: Lufthansa Cargo will market the cargo capacities of Brussels Airlines from 1 September 2018. The networks of both companies complement each other perfectly. Freight customers of both airlines benefit from this: Brussels Airlines customers have access to Lufthansa Cargo’s route network: the largest network with …

Read More »

Kerry Logistics Posts 7% Growth in Net Profit in 2017

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 27 March announced the group’s annual results for 2017. Group’s Financial Highlights Turnover increased by 28% to HK$30,788 million (2016: HK$24,036 million) Core operating profit rose by 13% to HK$2,128 million (2016: HK$1,878 million) Core net profit increased by 7% …

Read More »

Hapag-Lloyd’s Operating Result More Than Tripled in 2017

Chennai: Port Wings News Network: Leading shipping lines Hapag-Lloyd has disclosed its 2017 annual report on 28 March. Based on the audited figures, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased significantly to EUR 1,055 million (2016: EUR 607 million) and the operating result before interest and taxes (EBIT) …

Read More »

Caution Remains Watchword for Global Marine Insurance: IUMI

Chennai: Port Wings News Network: Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current state of the hull, cargo and offshore energy insurance markets at its Spring Conference in Hamburg. …

Read More »

Cochin Shipyard Hosts Vigilance Study Circle, Kerala

Cochin: Port Wings News Network: Cochin Shipyard Ltd hosted the fifth anniversary celebrations of VSC Kerala on 23 March 2018. Vigilance Study Circle Kerala is a forum of Vigilance officers working in Public sector undertakings, Banks, Insurance companies etc in Kerala. The meeting was inaugurated by Mr. K V Chowdary, …

Read More »

DP World Intermodal Enhances Connectivity To Central India

    Mumbai: Port Wings News Network: Global trade enabler DP World operated Container Rail Road Service (CRRS) in partnership with leading freight forwarder Pinkcity Logistics, flagged off their maiden train service from ICD Loni, Uttar Pradesh to Hindalco Industries Limited’s plant in Mahan, Madhya Pradesh. The new service aims …

Read More »

Chidambaranar Port Creates New Single Day Handling Record

    Tuticorin: Port Wings News Network: V O Chidambaranar Port Trust created a new record by handling 6,200 Metric Tonnes of Oil Cake / Copra from the vessel MV. Chang An Vista on 24.03.2018 surpassing the previous Single Day record of 5,301 Metric Tonnes of   Oil Cake / Copra …

Read More »

Government Clarifies on E-Way Bill in Parliament

New Delhi: Port Wings News Network: Responding to a question on E-way bill in written reply in Parliament on 22 March 2018, Shri Shiv Pratap Shukla, Minister of State for Finance stated that Government of India has received various representations from Association of Exporters as well as Corporate Bodies seeking …

Read More »