Ports

Chennai: Port Wings News Network: TecPlata, the new container terminal located in Argentina’s Puerto de La Plata, recently began operations, with an opening ceremony that was attended by the vice governor of the province of Buenos Aires, the Minister of Production and several other national, provincial and municipal officials. The …

Cochin: Port Wings News Network: Global trade enabler DP World operated International Container Transshipment Terminal (ICTT) added a new weekly mainline service, China-India Express 2 (CI2) operated by Wan Hai Shipping Line. The maiden vessel called on DP World Cochin on 9 April, 2019. The service will strengthen the direct …

Chennai: Port Wings News Network: Port operator International Container Terminal Services, Inc. (ICTSI) has welcomed concrete steps taken by the Philippine government to clear Manila ports of overstaying cargo. Christian R. Gonzalez, ICTSI Global Corporate head hailed collaborative and complementing efforts of the Philippine Ports Authority (PPA), the Department of …

Chennai: Port Wings News Network: Contship Italia S.p.A. and Itaterminaux S.à.r.l., a fully controlled subsidiary of Terminal Investment Ltd (TIL) have executed a share purchase agreement concerning the sale of 50% of CSM Italia Gate S.p.A., the company which owns 100% of MCT – Medcenter Container Terminal S.p.A.. MCT is …

Chennai: Port Wings News Network: Navayuga Container Terminal (NCT) reached an important milestone on 27 March 2019, by handling 500,000 TEU for the first time in a Financial Year. The half-millionth TEU was handled on vessel M.V. SSL Kutch. NCT witnessed stellar volume growth of almost 9-fold increase in the …

Chennai: Port Wings News Network: PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors, have signed an Agreement, subject to formal approval by the relevant competition authorities, to jointly acquire 100% of the shares of DCT Gdańsk, the …

Chennai: Port Wings News Network: Chennai Port, considered as the East Coast’s Gateway Port, surpassed  its own record  in  container handling by crossing  1,565,346 TEUs  on  21 March 2019, 10 days ahead of the current financial year as against  1,565,130  TEUs  handled from 01.04.2015 to 31.03.2016. Appreciating the achievement, Shri. …

Chennai: Port Wings News Network: The world’s largest ocean cruise liner, the Cunard’s flagship M.V QUEEN MARY 2, a modern Bermuda flag cruise vessel called Chennai Port on 17 March 2019 with 1255 crews and 2528 Passengers on board with 29 passengers embarked and 74 passengers disembarked. Queen Mary 2 …

Tuticorin: Port Wings News Network: V.O. Chidambaranar Port, which is one of the Indian Major Ports driving the economy of Southern Tamil Nadu, has created the previous financial year Container Traffic of 6.97 lakh TEUs on 13.03.2019, 18 days ahead during the current financial year. The Port has achieved the …

Chennai: Port Wings News Network: Global trade enabler DP World on 14 March 2019 announced a strong financial results for the year ended 31 December 2018. On a reported basis, revenue grew 19.8% and adjusted EBITDA increased 13.7% with adjusted EBITDA margin of 49.7%, delivering profit attributable to owners of …

Tuticorin: Port Wings News Network: 48th Safety Week was celebrated in V.O. Chidambaranar Port Trust from 04.03.2019 to 11.03.2019. Shri U. Rajendran, Traffic Manager, V.O. Chidambaranar Port Trust welcomed the gathering and presented the Annual Safety Report. As a part of the celebrations, a weeklong activities were conducted from 04.03.2019 …

New Delhi: Port Wings News Network: The Union Minister for Shipping, Road Transport and Highways, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari inaugurated two multi-purpose berths – No14 & No. 16 at Deendayal Port at Kandla through video conferencing on 8 March 2019. The Minister also laid …

Mangalore: Port Wings News Network: The 41st All India Major Ports Table Tennis Tournament 2018-19 was held at NMPT Gymkhana Premises, Panambur from 5 March 2019 to 7 March 2019, conducted by the Major Ports Sport Control Board and New Mangalore Port Sports Council. Teams from 6 major ports of …

Chennai: Port Wings News Network: It was a moment of great pride for Adani Kattupalli Port Pvt Ltd (AKPPL) when MV LMZ VEGA, a bulker carrying 55,805 MT of River Sand arrived at Kattupalli port during the month of February 2019. This is the first lot of Imported River sand …

Paradip: Port Wings News Network: Paradip Port once again repeated the feat of handling 100 Million Metric Tonnes (MMT) of cargo for 2nd fiscal year in succession on05.03.2019. With 26 more days to go, the Port is likely to handle 110 MMT targeted cargo set by the Ministry of Shipping …