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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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Cruise Vessel M.S. Costa Neo Classica Visits Mormugao Port

Mormugao: Port Wings News Network: MS COSTA NEO CLASSICA Luxury cruise liner arrived from Colombo Sri Lanka, at Mormugao with 1271 high end guests and 564 crew members of different nationalities.  The high end guests visiting Goa hail from Italy (469),  Turkey (128), Germany (69), France  (171), UK  (55)  and …

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MISC Group Welcomes Its Fourth Moss-Type LNG Carrier

Chennai: Port Wings News Network: MISC Group, a world leading energy related maritime solutions and services provider has today taken delivery of Seri Camar, the fourth in a series of five MOSS-Type Seri C Class Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC …

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Milaha Reports Net Profit of QAR 470 million in 2017

Chennai: Port Wings News Network: Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the twelve months ended December 31, 2017 on 26 February 2018. Milaha delivered a net profit of QAR 470 million for the full year of 2017. OPERATING REVENUES Operating revenues decreased by 2% to QAR 2.491 …

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DP WORLD Chennai Felicitated on International Customs Day

Chennai: Port Wings News Network: Global trade enabler DP World operated Chennai Container Terminal (CCT) on the occasion of International Customs Day was felicitated by Chennai customs for their exemplary and commendable work to facilitate ease of doing business at the port. The award and certificate of appreciation was accepted …

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