Ports

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port maintained its performance in FY20 and registered a throughput of over 5 million twenty-foot equivalent units (TEUs) in container handling, and becoming the first Indian port to scale the peak for two consecutive years (LY: 5.13 …

Chennai: Port Wings News Network: Due to the unprecedented nature of the COVID-19 Pandemic and the forecasted sharp downturn in demand, members of THE Alliance Hapag-Lloyd, HMM, Ocean Network Express, and Yang Ming have decided to modify our April sailing schedules as follows: Asia and North Europe Week 15 – …

Chennai: Port Wings News Network: Chennai Port Trust (ChPT) on 27 March 2020 acquired 67% stake of its subsidiary Kamarajar Port Ltd. (KPL) for ₹2,383 crore, according to The Hindu report. “This agreement comes into force with immediate effect,” said P. Raveendran, chairman, ChPT. “Our immediate focus is to utilise …

Mumbai: Port Wings News Network: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operating firm, has declared force majeure at its facilities in Mundra, Tuna and Dhamra in the wake of a three-week lockdown imposed by the government to check the spread of Corona Virus, reports …

New Delhi: Port Wings News Network: In connection with the COVID-19 outbreak, Minister of State (I/C) for Shipping Shri Mansukh Mandaviya on 24 March 2020 reviewed situation at all major ports regarding cargo handling, SOP, payment to casual labourers, etc., through video conferencing, with all the Chairpersons of ports and Director General, …

Mumbai: Port Wings News Network: With the COVID-19 situation, many users are currently facing difficulties in arranging transport to evacuate containers from our terminal due to a shortage of manpower and resources. To assist the trade and end-users, Bharat Mumbai Container Terminals (BMCT) is extending the free storage period of …

Paradip: Port Wings News Network: The Paradip Port management on 16 March 2020 appealed to the local fishermen to use designated channel and not use any short-cut while venturing into the sea. While addressing the media on developmental works, Shri Rinkesh Roy, Chairman, Paradip Port Trust, reiterated the successful completion …

Mumbai: Port Wings News Network: Shri Mansukh Mandaviya, Hon’ble Minister of State, Shipping (Independent Charge) and Chemicals & Fertilizers, inaugurated various infrastructure projects at Jawaharlal Nehru Port Trust on 14 March 2020. The Minister began his day with a formal welcome to the Port by Shri Sanjay Sethi, IAS, Chairman, …

Chennai: Port Wings News Network: DP World has announced robust financial results for the year ended 31 December 2019. On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7% with adjusted EBITDA margin of 43%, delivering profit attributable to owners of the Company, before separately disclosed items, of …

Tuticorin: Port Wings News Network: DBGT was presented with the prestigious “Best Container Terminal Award” by ET Awards on 16 February 2020 for outstanding accomplishment in the Port / Terminal category. The ET Awards Ceremony was held on 16 February 2020 at Taj lands, Mumbai where DBGT won the “Best …

Chennai: Port Wings News Network: The technology group Wärtsilä will upgrade its Vessel Traffic Management System (VTMS) installed in the Indian port of Cochin. The system was originally delivered in 2008, and by adding the latest technology, significant additional benefits can be gained. The order with Wärtsilä was placed in …

Chennai: Port Wings News Network: The annual throughput of King Abdullah Port for bulk and general cargo increased to 2.98 million tonnes by the end of 2019, compared to 689,000 tonnes in 2018, registering a 333 percent increase. In addition, 85 cargo ships docked in the port in 2019 compared …

Paradip: Port Wings News Network: “Enhance Safety & health performance by use of Advance Technologies” as the theme, observation of the 49th National Safety Day and Week began at Paradip Port Trust. Gracing the occasion as Chief Guest, Shri Rinkesh Roy, Chairman, PPT inaugurated Safety Week Celebrations. At an event …

Chennai: Port Wings News Network: APM Terminals Pipavav (Gujarat Pipavav Port Limited) hosted Customer Trade Events in Mumbai and Delhi. Both events were attended by around 150 distinguished guests from the leading Shipping Lines / Cargo owners / Beneficiary Cargo owners / Train operators / Freight Forwarders / Custom house …

Chennai: Port Wings News Network: V.O. Chidambaranar Port, the economic engine of Southern Tamil Nadu, has handled 7.41 Lakh TEUs of Containers as on 02 March 2020 and has surpassed previous financial year’s Container Traffic of 7.39 lakh TEUs. According to a media statement, the port has achieved record container …