General

Chennai: Port Wings News Network: German companies ESC Engineers and Noordtec worked closely with Equatoguinean contractor Elite Construcciones on the design, development and construction of the Akonikien LNG project in Equatorial Guinea. The 14,000 cubic metres storage and regasification plant was inaugurated this week by Gabriel Mbaga Obiang Lima, Minister …

New Delhi: Port Wings News Network: NEC Technologies India (NECTI) announced that DMICDC Logistics Data Services Limited (DLDS), a joint venture between Government of India represented by National Industrial Corridor Development and Implementation Trust (NICDIT) and NEC Corporation, has appointed Mr. Ichiro Oshima as the new CEO with effect from …

New Delhi: Port Wings News Network: At a meeting of the Dispute Settlement Body (DSB) on 15 August, WTO members agreed to a request from China for a dispute panel to review a US safeguard measure on imports of crystalline silicon photovoltaic products. Members also agreed to establish panels requested …

Chennai: Port Wings News Network: 73rd Independence Day was celebrated by ONGC Chennai. Mr Syam Mohan V, Executive Director, ONGC, Cauvery Basin hoisted the National flag in CMDA Building at Egmore, housing ONGC Office. Mr Syam Mohan V and Dr. K S Bhushan, Group General Manager, KG-PG Basin addressed the …

Tuticorin: Port Wings News Network: Fisheries College and Research Institute, Thoothukudi, a constitute college of Tamil Nadu Dr .J . Jayalalithaa Fisheries University, Nagapattinam celebrated the 73rd Independence Day in a grand manner on 15 August 2019. The students and staff of Fisheries College and Research Institute participated in the …

New Delhi: Port Wings News Network: Responding to marginal rebound in July, 2019 merchandise exports data, FIEO President, Mr Sharad Kumar Saraf said that growth in exports shows resilience of the Indian exporting community even during such tough times and sluggishness in the global economy. Mr Saraf is of the …

New Delhi: Port Wings News Network: The Union Minister of Commerce and Industry and Railways, Piyush Goyal, will lead a delegation of Chief Ministers of States and business representatives to Vladivostok in the Russian Far East from 11-13 August 2019, to explore investment opportunities and strike close partnerships with the …

New Delhi: Port Wings News Network: The 53rd Convocation of Indian Institute of Foreign Trade (IIFT) was held at the Institute’s campus in New Delhi on 8 August 2019. In a ceremony, Hardeep Singh Puri, Minister of State (Independent Charge) of Ministry of Housing & Urban Affairs and Civil Aviation …

Chennai: Port Wings News Network: Hailing the reduction of policy Repo Rate by 0.35 % from 5.75% to 5.4%, Shri. Raja M Shanmugham, President, Tirupur Exporters Association (TEA), appreciated the Monetary Policy Committee decision to maintain the accommodative stance of Monetary policy stance. Shri. Shakthikanta Das, Governor, RBI, on 07 …

Chennai: Port Wings News Network: Tirupur Exporters Association (TEA) on 6 August 2019 appealed to the Union Government to insulate MSMEs from following BASEL III norms and categorically mentioned that the requirement of credit rating insisted under BASEL III norms before getting loans from banks are not at all necessary, …

New Delhi: Port Wings News Network: The strong will and action of the Government under the dynamic leadership of Prime Minister Narendra Modi and Home Minister Amit Shah to scrap Article 370 has paved a new era of growth both for the people of Jammu & Kashmir and Ladakh region, …

Chennai: Port Wings News Network: The judges for the International Maritime Rescue Federation Awards 2019 have announced their shortlist, following careful consideration of the range of extremely compelling entries from around the world. Designed to honour the outstanding commitment of dedicated Search & Rescue (SAR) professionals and volunteers everywhere, the …

New Delhi: Port Wings News Network: To capitalize on the opportunity emanating from the tariff war, the Federation of Indian Export Organisations (FIEO) in association with Department of Commerce, Govt of India organised a stakeholders’ consultation to augment India’s exports to US and China. FIEO highlighted that tariff war has …

Chennai: Port Wings News Network: The Organization of American States (OAS) recently awarded the Puerto Aguadulce-COMPAS Foundation with the coveted 2018 Maritime Award of the Americas in Social Responsibility for Sociedad Puerto Industrial de Aguadulce’s (SPIA) landmark initiative to uplift Colombians out of poverty. The Foundation is the social responsibility …

New Delhi: Port Wings News Network: At a meeting of the Dispute Settlement Body (DSB) on 22 July, WTO members considered a request from China for a dispute panel to review a US safeguard measure on imports of crystalline silicon photovoltaic products. Members also considered three separate requests from Brazil, …