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PSA International Records 8 % Revenue Growth in 2017

Chennai: Port Wings News Network: Port and container terminal operator PSA International Pte Ltd (PSA) has registered a revenue increase of 7.8% for the period ended on 31 December 2017, latest data released by the company on 19 March has revealed. According to the details available, profit from operations also …

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CMA CGM Once Again Delivers Strong Operating Results

Chennai: Port Wings News Network: The Board of Directors of the French Group CMA CGM, a worldwide leading shipping company, met on 16 March under the chairmanship of Rodolphe Saadé, Chairman and CEO, to approve the 2017 annual consolidated financial statements. Upon the publication of its 2017 annual results, Rodolphe …

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MISC Berhad Forays Into Thailand’s Offshore Oil & Gas Sector

Chennai: Port Wings News Network: MISC Berhad (MISC), a world leading energy related maritime solutions and services provider, on 12 March held the naming and delivery ceremony of its new Floating, Storage & Offloading (FSO) facility for Chevron Offshore (Thailand) Limited (COTL), the FSO Benchamas 2. The project marks MISC’s …

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Government Announces Financial Assistance Policy for Shipyards

New Delhi: Port Wings News Network: The Union Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026, the Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a …

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2 Luxury Cruise Vessels Call at New Mangalore Port

Mangalore: Port Wings News Network: M.V. COSTA VICTORIA with 1771 passengers and 809 crew and M.V. INSIGNIA with 612 passengers and 407 crew called at New Mangalore Port on 3 March 2018. This is the 19th and 20th cruise vessel calling at the port during the current financial year 2017-18. …

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