DP World Reports Stable Volumes In 1Q2020 – Outlook Challenging

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 …

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Hapag-Lloyd Publishes 2019 Sustainability Report

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 …

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Crowley Takes Delivery of ATB Dedicated to Alaska Fuels Service

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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Editorial: Flailing Economy, Wailing Masses

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 …

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