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Chidambaranar Port Creates New Single Day Handling Record

    Tuticorin: Port Wings News Network: V O Chidambaranar Port Trust created a new record by handling 6,200 Metric Tonnes of Oil Cake / Copra from the vessel MV. Chang An Vista on 24.03.2018 surpassing the previous Single Day record of 5,301 Metric Tonnes of   Oil Cake / Copra …

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V O Chidambaranar Port Trust Creates New Handling Record

Tuticorin: Port Wings News Network: V O Chidambaranar Port Trust created a new record by handling 48,701 Metric Tonnes of Thermal Coal in a day at North Cargo Berth -I from the vessel MV. Vishva Nidhi on 20 March 2018 surpassing the previous Single Day record of 42,508 Metric  Tonnes …

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ITF Recommends Shareholders Vote Against ICTSI Directors

Chennai: Port Wings News Network: The International Transport Workers’ Federation (ITF) today released a shareholder advisory note detailing governance issues at International Container Terminal Services Inc. (ICTSI). The ITF is recommending that ICTSI shareholders vote against directors Stephen A. Paradies and Jon Aboitiz at ICTSI’s 2018 Annual Stockholders’ Meeting on …

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DP WORLD Announces Strong Financial Results

Chennai: Port Wings News Network: Global trade enabler DP World on 15 March announced strong financial results for the twelve months ending 31 December 2017. On a reported basis, revenue grew 13.2% and adjusted EBITDA increased 9.1% with adjusted EBITDA margin of 52.4%, delivering profit attributable to owners of the …

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Port of Long Beach Shipments Jump Ahead of East Asian Holiday

Chennai: Port Wings News Network: A remarkable start to 2018 continues at the Port of Long Beach, which followed a record January with a historic high in cargo volume for February. During the month, 661,790 twenty-foot equivalent units (TEUs) moved through the Port, a 32.8 percent increase compared to last …

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Nhava Sheva (India) Gateway Terminal Accomplishes Another Milestone

Mumbai: Port Wings News Network: Global trade enabler DP World operated the Nhava Sheva (India) Gateway Terminal celebrated the commencement of INDAMEX (India America Express) service operated by a consortium of four vessel operators – CMA CGM, Hapag Lloyd, NYK and OOCL. This weekly service connects Nhava Sheva to the …

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