Portwings Your Window to Maritime World

Chennai: Port Wings News Network: SeaQuest Marine Project Management has been entrusted with the prestigious construction supervision job for three Green 5th Generation zero emission NB Ro-Ro vessels for Finnlines at China Merchants Group’s Nanjing Jinling Shipyard. Finnlines Plc, a Finnish shipping company and part of the Grimaldi Group, had …

Mumbai: Port Wings News Network: With 90% of the trade, employment and  business in Metro cities of Mumbai and Pune shut down , extension of lockdown is set to arrest hopes of many, says Mr Vijay Kalantri, President All India Association of Industries. 25 lakh jobs mostly in retail , …

Chennai: Port Wings News Network: DP World PLC handled 17.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2020, with gross container volumes decreasing by 1.7% year-on-year on a reported basis and up 0.3% on a like-for-like basis. Reported volumes declined …

Chennai: Port Wings News Network: South Korea launched the world’s biggest container ship on 23 April 2020 at a time when carriers are drastically cutting capacity to deal with a collapse in global trade caused by the coronavirus pandemic. according to a Wall Street Journal report. South Korean President Moon …

Chennai: Port Wings News Network: Significant reductions in CO2 emissions per container transported, a successful conversion of the vessel fleet to operate using low-sulphur fuel oil, and considerable improvements in quality – these are the key advances that Hapag-Lloyd made in the 2019 financial year in terms of its sustainability …

Chennai: Port Wings News Network: Crowley Fuels LLC took delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB), which will be used to transport multiple clean petroleum products for the Alaska market, from Bollinger Shipyards, on 21 April 2020. Crowley will operate the 483-foot ATB for Alaska-based Petro Star …

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Port Wings, 22 April 2020: Prime Minister Narendra Modi on April 14 announced the extension of the three-week nationwide lockdown for another 19 days till May 3 to battle the Coronavirus pandemic but indicated easing some curbs after April 20 in areas which are not hotspots to allow some “select …

Mumbai: Port Wings News Network: The Indian Register of Shipping (IRClass) is taking a pragmatic and practical approach in rendering services to its clients during this period of unprecedented challenges posed by global restriction in personnel movement to reduce the spread of COVID-19 pandemic. IRClass’ aim is to manage and …

Chennai: Port Wings News Network: Virgin Atlantic has delivered 3.5 million items of personal protective equipment (PPE) into the UK aboard special cargo-only flights which have been chartered by the Department of Health and Social Care and the NHS. On 21 April, the airline operated another 26-hour round trip between …

Chennai: Port Wings News Network: DP World on 21 April 2020 launched cutting-edge online logistics tools and services, covering sea, land and air shipping around the world. The connected ecosystem of platforms will enable freight forwarders and any business, to book shipments of cargo from and to anywhere in the …

Chennai: Port Wings News Network: The International Transport Workers’ Federation (ITF) and the International Air Transport Association (IATA) called for support from governments to the aviation industry, to protect jobs and ensure that air services can be maintained. The economic situation facing the aviation industry is severe. Air passenger demand …

Mumbai: Port Wings News Network: The APM Terminals Pipavav port is running 24X7 due to the concerted efforts of all the stakeholders of APM Terminals Pipavav that has resulted in the smooth functioning of the port ever since the lockdown was announced in March 2020. The port operations are proceeding …

Chennai: Port Wings News Network: EU authorised benchmark administrator the Baltic Exchange has partnered with air cargo pricing publisher TAC Index Company of Hong Kong. The Baltic Exchange and TAC will provide new regional general air cargo rate assessments. TAC’s Regional General Air Cargo Indices will be rebranded as the …

Mumbai: Port Wings News Network: The lockdown post COVID19 disaster has destroyed trade near to completion and business losses amount to Rs 7-8 trillion during the 21-day period, round about  80,000 jobs are expected to be cut in the retail sector itself and  with the government revenue due to GST …