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First Container Ship Arrives at Stockholm Norvik Port

Chennai: Port Wings News Network: May 27, 2020 will be remembered in the history books as the day the very first container ship arrived at Sweden’s newest freight port, Stockholm Norvik Port. The Stockholm region accounts for half of Sweden’s entire consumption, and now the opportunities to transport goods by …

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JNPT, a Major Contributor to India’s Growth Story

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port has been continuously evolving and upgrading to improve operational efficiency parameters. The port’s continuous growth and expansion has helped JNPT to perform its duties of a strategic contributor to nation building. In the current scenario too, …

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Expatriates Evacuated From Maldives Arrive at Cochin Port

Kochi: Port Wings News Network: Cochin Port lends helping hand in ‘Operation Samudra Setu’ by throwing open its resources for facilitating the smooth transition of expatriates. Samudrika Cruise Terminal has been opened up for handling the expatriates and Port has taken up necessary refurbishments consistent with the medical protocols. The …

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COVID-19 Impact: ICTSI Reports Reduction in Net Income

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) on 7 May reported unaudited consolidated financial results for the quarter ended March 31, 2020 posting revenue from port operations of US$375.8 million, a decrease of two percent over the US$383.8 million reported for the same period last year; …

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JNPT Maintains 80% of Import Activity During April 2020

Mumbai: Port Wings News Network: Overcoming the impact of COVID-19 outbreak and lockdown challenges, Jawaharlal Nehru Port Trust (JNPT), India’s premier container port registered a throughput of 283,802 TEUs in container handling. The import container volume of April 2020 is 80% of the imports handled in April 2019 and overall …

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DP World Partners With Akshaya Patra To Provide COVID-19 Relief Support

Mumbai: Port Wings News Network: Reaffirming its commitment to the society and the country, global logistics company DP World has partnered with non-profit organisation Akshaya Patra Foundation to support underprivileged section of the society impacted by the outbreak of the COVID-19 pandemic. DP World in partnership with Akshaya Patra, is …

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DP World Reports Stable Volumes In 1Q2020 – Outlook Challenging

Chennai: Port Wings News Network: DP World PLC handled 17.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2020, with gross container volumes decreasing by 1.7% year-on-year on a reported basis and up 0.3% on a like-for-like basis. Reported volumes declined …

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