Portwings Your Window to Maritime World

Chennai: Port Wings News Network: Global trade enabler DP World on 14 March 2019 announced a strong financial results for the year ended 31 December 2018. On a reported basis, revenue grew 19.8% and adjusted EBITDA increased 13.7% with adjusted EBITDA margin of 49.7%, delivering profit attributable to owners of …

Tuticorin: Port Wings News Network: 48th Safety Week was celebrated in V.O. Chidambaranar Port Trust from 04.03.2019 to 11.03.2019. Shri U. Rajendran, Traffic Manager, V.O. Chidambaranar Port Trust welcomed the gathering and presented the Annual Safety Report. As a part of the celebrations, a weeklong activities were conducted from 04.03.2019 …

Port Wings, 13 March 2019: Paradip Port, one of the promising ports in the country and located in Odisha, has once again repeated the feat of handling 100 Million Metric Tonnes (MMT) of cargo for 2nd fiscal year in succession. With another two weeks to go, the Port is likely …

New Delhi: Port Wings News Network: Ministry of Commerce & Industry will be organising the 14th CII-EXIM Bank Conclave on India-Africa Project Partnerships, in association with Confederation of Indian Industry and EXIM Bank of India in New Delhi from March 17-19, 2019. The event will mark the deepening of India-Africa …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) called on governments and the air cargo industry to focus on three priorities to accommodate the expanding demand for air cargo and ensure the economic and social benefits of aviation can be maximized. The three priorities are; Accelerating the …

New Delhi: Port Wings News Network: The Union Minister for Shipping, Road Transport and Highways, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari inaugurated two multi-purpose berths – No14 & No. 16 at Deendayal Port at Kandla through video conferencing on 8 March 2019. The Minister also laid …

Mangalore: Port Wings News Network: The 41st All India Major Ports Table Tennis Tournament 2018-19 was held at NMPT Gymkhana Premises, Panambur from 5 March 2019 to 7 March 2019, conducted by the Major Ports Sport Control Board and New Mangalore Port Sports Council. Teams from 6 major ports of …

New Delhi: Port Wings News Network: The Government of India had accorded approval for Strategic Disinvestment of 100% GOI shares in DCIL in favour of consortium of 4 ports — Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust (formerly known as Kandla Port Trust). …

New Delhi: Port Wings News Network: Union Minister for External Affairs Smt Sushma Swaraj, Finance and Corporate Affairs Minister Shri Arun Jaitley; and Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari laid the foundation stones for development of 8-lane access controlled …

Chennai: Port Wings News Network: It was a moment of great pride for Adani Kattupalli Port Pvt Ltd (AKPPL) when MV LMZ VEGA, a bulker carrying 55,805 MT of River Sand arrived at Kattupalli port during the month of February 2019. This is the first lot of Imported River sand …

Chennai: Port Wings News Network: In what could be termed as a significant recognition of its capabilities, the Indian Register of Shipping (IRClass) has won a key order for providing classification services for a series of 8 Anti-Submarine Warfare Corvettes to be constructed for the Indian Navy. The order was …

Paradip: Port Wings News Network: Paradip Port once again repeated the feat of handling 100 Million Metric Tonnes (MMT) of cargo for 2nd fiscal year in succession on05.03.2019. With 26 more days to go, the Port is likely to handle 110 MMT targeted cargo set by the Ministry of Shipping …

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) has reported its audited consolidated financial results for the year ended December 31, 2018 on 7 March 2019. According to a media statement, consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs); Revenue …

Chennai: Port Wings News Network: 50 years ago, in March 1969, Hapag and Norddeutscher Lloyd set up a mutual Dangerous Goods department and became the first shipping lines with a dedicated team for safety and security on board and on land. When the companies merged in September 1970, and became …