Chennai: Port Wings News Network: Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from 1 June 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar Tankers Ltd and remains a significant shareholder at …
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Chennai: Port Wings News Network: The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in Hamburg Süd’s global network of liner services. In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core …
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New Delhi: Port Wings News Network: Reacting to the April, 2019 trade data, FIEO President, Mr Ganesh Kumar Gupta said that the export data of USD 26.07 billion with a growth of 0.64 percent is not at all encouraging as almost all the labour-intensive sectors including leather & leather products, …
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Chennai: Port Wings News Network: PSA International’s subsidiaries Bharat Mumbai Container Terminals Private Limited (BMCT) and Chennai International Terminals Private Limited (CITPL) hosted a trade meet in Hyderabad on 10 May 2019. This is the first time port operators from Mumbai have visited Hyderabad to hold trade meet. The trade …
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Chennai: Port Wings News Network: Kerry Logistics Network Limited on 15 May 2019 announced the establishment of Kerry Coffee (Hong Kong) Limited to extend its business into the trading of coffee and related products, as well as to further deepen its partnership with Italian coffee group illycaffè. According to a …
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Port Wings, 15 May 2019: A rules-based, non-discriminatory and equitable trading system is not only in the interest of all trading partners but is essential to preserving the interests of the poorest and most vulnerable economies. Speaking at a special session of the WTO’s General Council, United Nations Secretary-General António …
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New Delhi: Port Wings News Network: The WTO Ministerial Meeting of Developing Countries concluded in New Delhi today. The Ministerial Meeting began last evening with a dinner hosted by the Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu. The Director General of WTO, Roberto Azevedo, was also …
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New Delhi: Port Wings News Network: Central Board of Indirect Taxes and Customs (CBIC) is organising a meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi from 08th to 10th May, 2019. India is hosting this meeting in its …
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New Delhi: Port Wings News Network: Commerce Secretary, Dr.Anup Wadhawan, welcomed senior officials of participating delegations from Developing and Least Developed Countries (LDCs) who are meeting in New Delhi over two days to discuss key issues and challenges facing the multi-lateral trading system. Speaking at the inaugural session, Commerce Secretary …
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New Delhi: Port Wings News Network: Commerce Secretary, Anup Wadhawan and Vice Minister, General Administration of Customs of China (GACC), Li Guo, held a meeting in New Delhi recently to discuss trade related issues of pending Indian request for clearance of agricultural products. According to a media statement, both sides …
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Chennai: Port Wings News Network: Hapag-Lloyd closed the first quarter of 2019 with a significantly higher operating profit as Earnings before interest and taxes (EBIT) increased to EUR 214 million (Q1 2018: EUR 51 million). The Group net result increased to EUR 96 million (Q1 2018: EUR -34 million). Earnings …
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Mumbai: Port Wings News Network: Mumbai Port has been taking a number of initiatives to make Mumbai into the cruising capital of India. Home Porting by‘Costa, completion of the ‘Domestic Cruise Terminal, and starting of Mumbai Goa Cruise by ‘Angriya ship have been three big initiatives. The new International Cruise …
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Chennai: Port Wings News Network: With US-China trade tensions leaving the global financial markets and trade in a state of anxiety, it is time Indian exporters are enabled to stay competitive by the Reserve Bank of India which should facilitate an easy and less expensive bank loans, more so for …
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Chennai: Port Wings News Network: PSA International Pte Ltd. (PSA) and SATS Ltd. (SATS) have signed a Memorandum of Understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity for greater supply chain efficiency, and to boost Singapore’s status as a key multimodal transport hub, on 9 …
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