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Milaha Links Sri Lanka, Bangladesh With New Feeder Service

Chennai: Port Wings News Network: Milaha, a Qatar-based maritime transport and logistics conglomerate, has announced the launch of a direct feeder service between Sri Lanka and Bangladesh. According to a media statement, Colombo and Chittagong will be the 7th and 8th new ports of call for Milaha this year, and …

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Hapag-Lloyd Delivers Significantly Higher Operating Result

Chennai: Port Wings News Network: Hapag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year. For …

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QTerminals’ Board of Directors Appoints Neville Bissett as CEO

    Chennai: Port Wings News Network: The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer. QTerminals was established as a jointly-owned entity by Qatar Ports Management Company (Mwani Qatar) …

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Major Ports Register Positive Growth During April-October 2017

    New Delhi: Port Wings News Network: The Minister for Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation Mr Nitin Gadkari reviewed the work of all ports in Goa this week.  He interacted with stakeholders including PPP operators, port users and other private sector …

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CMA CGM Adopts Liquefied Natural Gas For Biggest Ships

Chennai: Port Wings News Network: On the occasion of the COP23 in Bonn (Germany), the CMA CGM Group, a world leader in maritime transport, has announced its decision to equip its nine future ships of 22,000 TEUs (Twenty-foot Equivalent Unit), delivered in 2020, with engines using liquefied natural gas. With …

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Paradip Celebrates Port Day

Paradip: Port Wings News Network: The Port Day was observed on the auspicious day of Kartik Purnima by the Paradip Port Trust authorities on 4 November as being celebrated every year. On this occasion, Mr Rinkesh Roy, Chairman, Paradip Port Trust, attended the function as chief guest and unfurled the …

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Govt. Updates Guidelines on Shipbuilding Financial Assistance Policy

New Delhi: Port Wings News Network: To promote Government of India’s ambitious ‘Make in India’ programme and to encourage domestic shipbuilding by providing a level playing field vis-a-vis foreign shipyards, the Government had approved the Shipbuilding Financial Assistance Policy for Indian Shipyards in December 2015. This policy provides Rs. 4000 …

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