Panalpina Perishables Network Expands to South Africa

Chennai: Port Wings News Network: Following last month’s acquisition in Argentina, Panalpina is now expanding its Perishables Network to South Africa. The international freight forwarding and logistics company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with …

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Double-Digit Profitability Growth for Panalpina

Chennai: Port Wings News Network: The international freight forwarding and logistics company Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF …

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MV SSL Kolkata Fire: Salvage Operations Continues

New Delhi: Port Wings News Network: The salvage operations of the container vessel MV SSL Kolkata that had caught fire last month, is continuing in rough weather conditions with 2- 4 metre swells. The vessel is grounded at about 8 nautical miles off the ecologically sensitive Sundarbans since 13 June …

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Chidambaranar Port Receives Export Containers From Trichy by Rail Mode

Tuticorin: Port Wings News Network: V.O. Chidambaranar Port on 16 July 2018 received the inaugural consignment of80 TEUs of e-sealed Export Containers from Dalmia Cements,Thiruchirapalli, by rail. The unloading of the containers were inaugurated by Shri N. Vaiyapuri, Deputy Chairman, V.O. Chidambaranar Port, Tuticorin and Shri S. Sivakumar, Additional Commissioner, …

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India-Oman Joint Commission Meeting Begins in Muscat

New Delhi: Port Wings News Network: The Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, today co-chaired 8th session of India-Oman Joint Commission Meeting (JCM) along with Minister of Industry, Investment, Trade and Digital Economy of Oman, Dr. Ali bin Masoud Al Sunaidy. Addressing the Joint Commission …

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