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Mitsubishi Shipbuilding, MHPS Launch Advanced SOx Abatement System

Chennai: Port Wings News Network: Mitsubishi Shipbuilding Co., Ltd. (Mitsubishi Shipbuilding) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have jointly launched the most advanced SOx abatement system, ACTIVE FUNNEL. It is a funnel which contains an optimally shaped exhaust gas scrubbing structure which reduces sulfur dioxide (SO2) in the exhaust …

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Air Freight Growth Recovers Slightly in April, Up 4.1%

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 4.1% in April 2018, compared to the same period the year before. This was up from the 1.8% growth in annual demand …

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DP World Closes Acquisition of Cosmos Agencia Marítima, Peru

Chennai: Port Wings News Network: Global trade enabler DP World, on 28 May 2018 announced the successful closing of the acquisition of Cosmos Agencia Marítima S.A.C. (CAM) in Peru. On 18 March, DP World and Andino Investment Holding announced an agreement for DP World to acquire 100% of the shares …

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Kerry Logistics Acquires Freight Forwarding Company S.A.S. in South Africa

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 28 May 2018 announced the acquisition of Shipping and Airfreight Services (Pty) Limited (S.A.S.), a well-established freight forwarding and logistics company based in Johannesburg, South Africa. Established 30 years ago, S.A.S. provides its international customers with flexible logistics solutions. With …

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Milaha Deploys Robotic Process Automation Solution

Chennai: Port Wings News Network: Milaha, a Qatar-based maritime transport and logistics conglomerate, became one of the first companies in the Middle East to deploy and integrate Robotic Process Automation (RPA) solutions in its back office operations. The new state-of-the-art system, codenamed “Tam” by Milaha — which means “consider it …

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