WTO Lowers Trade Forecast as Tensions Unsettle Global Economy

Chennai: Port Wings News Network: Escalating trade tensions and a slowing global economy have led WTO economists to sharply downgrade their forecasts for trade growth in 2019 and 2020. World merchandise trade volumes are now expected to rise by only 1.2% in 2019, substantially slower than the 2.6% growth forecast …

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Editorial: Prime Minister Modi’s Successful US Visit

Port Wings, 02 October 2019: Prime Minister Narendra Modi returned to New Delhi on 28 September 2019 night from a week-long trip to the United States, where he addressed the United Nations General Assembly and several events, including the ‘Howdy, Modi!’ diaspora gathering. On his return Prime Minister Modi said …

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Tel Aviv Joins Virgin Atlantic’s Growing Cargo Network

Chennai: Port Wings News Network: Virgin Atlantic’s first flight to Tel Aviv touched down at Ben Gurion International Airport on 25 September 2019 with a full cargo payload as the airline continues to extend its international route network. The new daily Airbus A330-300 flights offer 20 tonnes of cargo capacity …

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Defence Minister Rajnath Singh Launches ICGS Varaha in Chennai

Chennai: Port Wings News Network: The fourth in the series of seven 98-meter Offshore patrol vessel (OPV) Varaha, named after the third incarnation of Lord Vishnu, was commissioned by Union Defence Minister Rajnath Singh at Chennai Port on 25 September 2019. Tamil Nadu deputy Chief Minister O Paneerselvam, Fisheries Minister …

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V.O. Chidambaranar Port Launches Yet Another ‘Green Port Initiatives’

Tuticorin: Port Wings News Network: Leveraging the substantial energy savings that can be obtained through rationalisation of operations, adoption of new technologies and use of renewable energy sources, V.O. Chidambaranar Port Trust, Tuticorin, has proposed to install grid connected 25 MW onshore and offshore wind farms at an estimated cost …

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