Editorial:Welcome Change in GST Slabs by the Government

Port Wings News Network: 15 November 2017: The 23rd GST Council meeting that concluded in Guwahati was much- awaited major relief post the Prime Minister Narendra Modi’s last year announcement. The speculation surrounding the meeting could be compared to that of the annual union budget announcement. For many it provided …

Read More »

Hapag-Lloyd Delivers Significantly Higher Operating Result

Chennai: Port Wings News Network: Hapag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year. For …

Read More »

WTO’s Latest Indicator Suggests “Moderate” Trade Growth

    New Delhi: Port Wings News Network: The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will likely moderate in the fourth quarter of 2017. The reading of 102.2 signals continued trade expansion in volume terms, although the pace of growth should be slower …

Read More »

APM Terminals Pipavav Sets New Productivity Record

    Mumbai: Port Wings News Network: APM Terminals Pipavav has set a new port productivity benchmark for customers by successfully handling the largest container volume during APL Boston port call. According to a media statement, a total of 3636 moves / 5682 TEUs was safely completed in a record …

Read More »

GAC Abu Dhabi, RB Logistics Join Forces for Talc Shipments

Mumbai: Port Wings News Network: European bulk logistics provider RB Logistics (RB) has appointed GAC Abu Dhabi for a second time to provide a complete logistics service package. The two-year contract covers freight services, transportation, warehousing and handling of talcum powder from Italy to Ruwais for a client of IMI …

Read More »