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DP World Signs Agreement with Government of Jammu and Kashmir

Chennai: Port Wings News Network: The government of Dubai, global trade enabler DP World and the government of Jammu and Kashmir have signed a Memorandum of Understanding (MoU) to explore opportunities to develop trade infrastructure in the Indian state. The agreement will see discussions take place on a multi-modal logistics …

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Air Freight Demand up 9% in 2017, Strongest Growth Since 2010

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight …

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Construction of Second Baikal Tunnel Almost Complete

Chennai: Port Wings News Network: Construction of the second Baikal tunnel-the most important part of the BAM and Trans-Siberian Modernization Program-is coming to an end. According to operational data, 6372 m (out of a total length of 6682 m) has been dug. The average pace of the second Baikal tunnel …

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