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Boskalis Acquires Triton Knoll OWF Cabling Contract

Chennai: Port Wings News Network: Royal Boskalis Westminster N.V. (Boskalis) has acquired the contract for the supply and installation of the export and inter-array cables for the Triton Knoll offshore wind farm (OWF), UK. In September 2017, Boskalis signed the Preferred Supplier Agreement which has now been converted into a …

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Dredging Corporation of India Announces 20% Dividend

Chennai: Port Wings News Network: The Dredging Corporation of India Limited (DCIL) has declared a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026  (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari,  Minister of Shipping, Road Transport …

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Inland Waterways for Fly Ash Transportation at NTPC Kahalgaon

New Delhi: Port Wings News Network: To increase the Fly Ash utilization, NTPC along with team of Inland Waterways Authority of India (IWAI), Ministry of Shipping, Government of India explored the possibility for transporting fly ash through Inland Waterways from NTPC- Kahalgaon. Sustainable Fly Ash utilisation is one of the …

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IUMI launches New Online Cargo Insurance Tutorial Programme

Chennai: Port Wings News Network: The International Union of Marine Insurance (IUMI) that represents 40 national and marine market insurance and reinsurance associations is advancing its education agenda and launching a new online cargo tutorial programme. According to a media statement, this new programme is specifically designed for intermediate level …

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Crowley Successfully Supports Appomattox Platform Tow-Out in the U.S. Gulf

Chennai: Port Wings News Network: Crowley Maritime Corp.’s SOLUTIONS has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S. Gulf from Kiewit Offshore Services’ construction facility in Ingleside, Texas. Making the tow-out possible were Crowley’s Ocean Sky and Ocean Sun tugboats, …

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Hapag-Lloyd Invests in Growing East African Market

Chennai: Port Wings News Network: Hapag-Lloyd is continuing to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the list on the African continent. Kenya, in particular, is developing with significantly rising import and export figures as well as massive …

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US Soybean Cargo Docks in Chinese Port, Finally

Chennai: Port Wings News Network: A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, 11th August,   more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data. The …

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German Shipping Company Hapag-Lloyd Reports $80 Million Loss

 Chennai: Port Wings News Network :  German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operating costs from fuel costs, charter rates and a slow recovery in freight rates. The Company said that they have implemented additional measures to recover …

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