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Essar Global Repays all Debt to Indian and Foreign Lenders

Chennai: Port Wings News Network: Essar Global Fund Ltd (Essar Global), the holding company of the Essar Group of companies, on 7 January 2019 reached yet another milestone in deleveraging by repaying the last tranche of debt of Rs 12,000 crore (US$1.75 billion) to its various Indian and foreign lenders. …

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APM Terminals Pipavav Organises Trade Meet in Jaipur

Pipavav: Port Wings News Network: APM Terminals Pipavav successfully hosted a trade meet in Jaipur, which was attended by more than 170 people. The company welcomed trade members from leading Shipping Lines, Freight Forwarder (FF), Custom House Agent (CHA’s), CONCOR officials and private ICDs. The primary objective of the trade …

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Korean Register Moves to Electronic Certificates

New Delhi: Port Wings News Network: From 17 December 2018, Korean Register (KR), an IACS member classification society established in 1960 with the purpose of promoting safety of life, property and the protection of the marine environment, is rolling out IMO-compliant electronic class and statutory certificates across its classed fleet. …

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Port Day Celebrations at Paradip Port

Paradip: Port Wings News Network: The Port Day was observed on the auspicious day of Kartik Purnima by the Paradip Port Trust Authorities on 23 November 2018 as being done every year. On this occasion, Shri Rinkesh Roy, Chairman, Paradip Port Trust attended the function as Chief Guest and unfurled …

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APM Terminals Pipavav Trains Local Youth to be Self-Reliant

Chennai: Port Wings News Network: APM Terminals Pipavav, selected 62 apprentices from among 140 applications received from local youth. The objective of the apprenticeship training is to hone the technical and soft skills of the qualified unemployed youths to enhance their employability in future. Additionally, they will be educated in …

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