Ports

Cochin: Port Wings News Network: Four containers of relief materials sent by Shipping fraternity from Tuticorin under the initiative of Ministry of Shipping has arrived ICTT Vallarpadam by SSL Krishna and the same have been directly delivered for distribution on 20 August 2018. The coastal crude vessel Swarna Godavari with …

Chennai: Port Wings News Network: The Nation’s 72nd Independence Day was celebrated at Kamarajar Port on 15 August 2018. Shri P. Raveendran, IRTS, Chairman-cum-Managing Director, unfurled the National Flag and delivered his speech on the occasion. On that occasion, CMD, KPL distributed cash awards to the children of KPL employees/CISF …

New Mangalore: Port Wings News Network: The 72nd Independence Day was celebrated in New Mangalore Port Trust (NMPT) at the JNC Hall, Panambur. Shri. Srikrishna Karuturi, ITS, Chief Vigilance Officer, NMPT, was the Chief Guest for the celebrations. He congratulated the participants and their families on the occasion and reviewed …

Tuticorin: Port Wings News Network: Independence Day has been celebrated by V.O.Chidambaranar Port Trust in a grand manner at Port’s School ground on 15 August 2018. The celebrations to mark the 72nd Independence Day commenced with the hoisting of the National Flag by Shri N. Vaiyapuri, Deputy Chairman, V.O. Chidambaranar …

Chennai: Port Wings News Network: The 72nd Independence Day was celebrated in Chennai Port Trust on 15 August 2018. Shri P. Raveendran, IRTS, Chairman hoisted the National Flag inside the port premises. Mr Raveendran inspected Guard of Honour and addressed the gathering. Shri Cyril C George, Deputy Chairman, Trustees, Trade …

Paradip: Port Wings News Network: The 72nd Independence Day was celebrated by Paradip Port Trust Authority on 15 August. Shri Rinkesh Roy, Chairman, PPT, unfurled the National Flag and took salute from platoons consisting of CISF Jawans at Gopabandhu Stadium. Addressing on the occasion, Chairman, PPT, informed that PPT has …

Chennai: Port Wings News Network: While there may be clouds on the horizon in the form of tariff and trade war fears, economic fundamentals are likely to win-out in the long run, according to the Global Container Terminal Operators Annual Review and Forecast 2018 by global shipping consultancy Drewry. Against …

Chennai: Port Wings News Network: Global trade enabler, DP World on 7 August announced the signing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”) for €660 million from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark), Unifeeder operates the largest and most densely connected …

Chennai: Port Wings News Network: An Arbitral Tribunal of the London Court of International Arbitration (LCIA) on 2 August confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container Terminal from DP World. The LCIA Tribunal has ruled that Doraleh Container Terminal’s Concession Agreement …

Mangalore: Port Wings News Network: In a series of meetings with the representatives of the Trade Unions, Shri M.T. Krishna Babu, IAS, Chairman, New Mangalore Port (NMPT), emphasized the necessity to eliminate the unhealthy practices of speed money and notional gangs which were hampering the growth of the port and …

Chennai: Port Wings News Network: The Chennai Port has recorded another landmark performance by handling 69 Container Rakes during the month of July 2018 surpassing the previous handling of  67 Container Rakes during the corresponding year, July  2017. Shri. P. Raveendran, IRTS Chairman, Chennai Port Trust, appreciated the efforts taken …

Chennai: Port Wings News Network: New Mangalore Port has handled 42.06 million metric tonnes (MMT) of cargo during the year 2017-18 as against 39.95 MMT during 2016-17 registering a growth of 5.28%. The port has handled 14.04 MMT during 2018-19 (upto 30th July 2018) as against 13.05 MMT during the …

New Delhi: Port Wings News Network The Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports. One major initiative is to improve the returns earned on treasury investments by the ports for pension, provident and surplus funds. …

Cochin: Port Wings News Network: The foundation stone for the International Cruise Terminal at the Ernakulam Wharf of Cochin Port was laid by Shri Alphons Kannanthanam, Union Minister of State (Independent Charge) for Tourism on 28 July 2018. The function held at Ernakulam Wharf was attended by Prof. K. V. …

Mumbai: Port Wings News Network: APM Terminals Pipavav recently hosted a trade meet for Custom House Agents (CHAs) and service providers at the Port and at Diu, Gujarat. The event was attended by members from Ahmedabad Customs House Agents Association (ACHAA), Pipavav Customs Brokers Association (PCBA), Ahmedabad Steamship Agents Associations …