Portwings Your Window to Maritime World

Chennai: Port Wings News Network: The new “Green Gothenburg Gateway”-initiative launched by APM Terminals Gothenburg will make the container terminal at the Port of Gothenburg fossil-free by 2020. A machine park completely run on renewable fuels, a doubling of rail-borne freight and optimising of loading and discharge operations. These are …

Chennai: Port Wings News Network: Further Marine Technology Co. Ltd., (FMT) and Indian Register of Shipping (IRClass) have signed a MOU on strategic cooperation. By combining the two companies’ knowledge and networks, FMT and IRClass are targeting development of the latest generation of bulk carrier designs to expand the business …

Chennai: Port Wings News Network: At the Marintec China trade fair in Shanghai, DNV GL entered into a Joint Development Project (JDP) with Huangpu-Wenchong Shipbuilding Company (HPWS) on a 5,000 TEU LNG dual-fuel containership. Ms Wu Ronghui, HPWS Deputy Chief Engineer, and Falk Rothe, Head of DNV GL’s Technical Centre …

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) has, together with its local partners, initiated the second phase expansion of its Matadi Gateway Terminal (MGT), located 92 miles upstream on the left bank of the Congo River, Democratic Republic of the Congo (DRC). The Phase 2 expansion …

Chennai: Port Wings News Network: Unifeeder, a 100% owned subsidiary of DP World PLC, has announced the acquisition of a 77% stake in the Feedertech Group. The deal, which is expected to close in Q1/2020, is the latest step in DP World’s vision to build end-to-end logistics capability to serve …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 4 December 2019 released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 3.5% in October 2019, compared to the same period in 2018. This marks a weak start to …

Chennai: Port Wings News Network: Sergey Stolyarov, Acting Director General of RZD International LLC, and Damdinsuren Zhigzhidnyamaa, Head of JSC Ulaanbaatar Railway (JSC UBTZ), signed an agreement for technical consulting services on the implementation of the Tavantolgoi-Dzunbayan railway construction project in Mongolia on 3 December 2019. Under the agreement, RZD …

Chennai: Port Wings News Network: The Chennai-based Trailer Owners Association (TOA), which moves both import and export cargo meant for three ports – Chennai, Kamarajar and Kattupalli– has urged the Union government as well as the Tamil Nadu state government to take immediate steps to safeguard the trucking industry, which …

Port Wings, 4 Dec 2019: International Maritime Organization (IMO) has appreciated India’s decision of accession to the Hong Kong International Convention, 2009. IMO, during its ongoing 31st session in London, UK has highly appreciated India’s decision of accession to the Hong Kong International Convention, 2009. Compliments of the Secretary General …

New Delhi: Port Wings News Network: Federation of Indian Export Organisations (FIEO) is organising the 2nd LOGIX INDIA 2019, the mega logistics meet in New Delhi from 12-14 December 2019. Over 300 International and Indian Logistics companies and stakeholders are attending LOGIX INDIA 2019 to develop superior Trade linkages with …

Chennai: Port Wings News Network: The Port of Gothenburg has joined a collaboration with ten other Nordic ports. In a signed declaration, the ports have agreed to cooperate, exchange information and share approaches in a number of areas relating to the environment and climate. By connecting land and sea – …

Chennai: Port Wings News Network: Extending a warm welcome to Sri Lankan President Mr Gotabaya Rajapaksa, India’s apex industry chamber, ASSOCHAM on 29 November said the visit of the most popular leader of our neighbouring country, would provide a great momentum to bilateral trade and investment relations which can leverage …

Mumbai: Port Wings News Network: The business community in the fast growing Novosibirsk region of Russia is eager to collaborate with potential partners in India, which is one of the fastest growing economies in the world, Mr. Aleksei Surovtsev, Consul General, Consulate General of Russian Federation, has said. While speaking …

New Delhi: Port Wings News Network: Slowdown in exports appears to have a major impact on performance of the manufacturing sector, as the GDP growth of 4.5 per cent for the second quarter of FY 20 hits a multi-year low, said EEPC India Chairman Mr Ravi Sehgal. “Exports have been …