Portwings Your Window to Maritime World

Mumbai: Port Wings News Network: Essar Global Fund Ltd (EGFL) on 21 January 2020 announced the appointment of Mr Pankaj Kalra as Chief Financial Officer & Head-Strategy, Essar Exploration & Production Ltd Mauritius (EEPLM), the downstream energy arm of the Essar Group and a key portfolio company of EGFL. Mr …

New Delhi: Port Wings News Network: Below is the reproduction of “FIEO’s Wishlist for the Upcoming Union Budget 2020-21” submitted to the Finance Ministry. Overseas marketing is a big challenge for MSME exporters as it entails a very high cost. We need to bring “Double Tax Deduction Scheme for Internationalization …

Port Wings, 22 Jan 2020: India, which till recently was hailed as the world’s fastest-growing major economy, has seen growth rate decline to a six-year low of 4.5 per cent in the September quarter of 2019-20 India will “struggle” to achieve 5 per cent GDP growth in 2020 as the …

Chennai: Port Wings News Network: APM Terminals Pipavav [Gujarat Pipavav Port Ltd] commenced operation of ‘drive-through container scanner’ effective 1st December 2019. The scanning system adheres to the guidelines issued by the Atomic Energy Regulatory Board and specifications issued by Directorate of Logistics (DOL). The new drive through container scanning …

Tuticorin: Port Wings News Network: V.O. Chidambaranar Port (VOCPT) on 19 January 2020 created a new record for handling a vessel with highest parcel size. According to a media statement from the port authority, the Panama-flagged vessel ‘MV ELETTRA’ with Length of 254.52 metres, Beam of 43 metres and draft …

Paradip: Port Wings News Network: The 42nd All India and 30th Children Athletics Meet jointly organised by Major Ports Sports Control Board and Paradip Port Sports Council concluded at Gopabandhu Stadium on 19 January 2020. The host Paradip Port Trust has emerged as Overall Champion and Mumbai Port Trust has …

New Delhi: Port Wings News Network: The Government of India, Government of Assam and the World Bank signed a loan agreement of $88 million to help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra on 16 January 2020. A majority of Assam’s more than …

Mumbai: Port Wings News Network: The Union Government has allowed direct port delivery (DPD) clients and authorised economic operators (AEO) to pay terminal handling charges (THC) directly to the port terminals in a move that drastically alters the way the levy is collected, according to a report in English-language daily …

New Delhi: Port Wings News Network: Union Minister of Commerce and Industry & Railways, Piyush Goyal, will lead the Indian delegation to the 50th World Economic Forum (WEF) at Davos from January 20th to 24th 2020. The Commerce and Industry Minister will participate in the WEF along with Union Minister …

Chennai: Port Wings News Network: To better support the diverse needs of customers in the maritime industry, Crowley Maritime Corp., on 15 January announced that it has realigned its marine services organization and introduced new leadership. Crowley Marine Services, part of the company’s Shipping group, will now be comprised of …

New Delhi: Port Wings News Network: Union Minister for Road Transport & Highways and MSMEs Shri Nitin Gadkari has lauded the contribution of all stakeholders in NH sector for their contribution in erecting world class road infrastructure in the country. Giving away the ‘National Highways Excellence Awards’ to outstanding performers …

Paradip: Port Wings News Network: A four-day 42nd All India Major Ports Athletics Meet and 30th Children Athletics meet jointly organised by the Major Ports Sports Control Board and the Paradip Port Sports Council kicked off at Gopabandhu Stadium, Paradip, on 16 January 2020. Shri Rinkesh Roy, Chairman, Paradip Port …

Chennai: Port Wings News Network: The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming are happy to welcome Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, THE Alliance offers an attractive upgraded product package and it will …

Mumbai: Port Wings News Network: My mission is to promote trade and investment between India and Canada, and I am here to understand the obstacles faced by trade and industry in doing business with Canada, Sonia Sidhu, Member of Canada’s House of Commons (MP) from Brampton South, has said. Speaking …