Sri City Wins Asia’s ‘Most Admired Brand’ Award

Chennai: Port Wings News Network: In a convergence of great brands and extraordinary leadership organised by Whitepage International in association with UK Asian Business Council, held at Ritz Carlton, Singapore on 9 March evening, Sri City won two awards. While it was featured as Asia’s Most Admired Brand for 2017-18 …

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International Women’s Day Celebrations at Major Ports

Chennai: Port Wings News Network: International Women’s Day (IWD) is celebrated on March 8 every year. It is a focal point the movement for women’s rights. While the first observance of a Women’s Day was held on February 28, 1909 in New York, March 8 was suggested by the 1910 …

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JNPT Volume Surpasses Last Year’s Record of 4.5 Million TEUs

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), the premier container port in the country under the administrative control of Ministry of Shipping, Government of India and located in Nhava Sheva, Maharashtra, has achieved a new milestone on 9 March by surpassing the last year’s highest volume of …

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Editorial: Blackmoney Bomb

Port Wings, 7 March 2018 Though the shadow of blackmoney was growing for the past three decades, only few years ago, the Supreme Court of India delivered a landmark judgment in response to a law suit filed by noted lawyer Ram Jethmalani seeking direction to the Union Government to reveal …

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Amsterdam Container Terminal Connects with New Silk Road

Chennai: Port Wings News Network: A new direct connection has been launched between Amsterdam Container Terminal and Yiwu in China as part of the new Silk Road connecting two of the world’s leading economies. The first train set off on its 11,000 kilometre, 16-day journey on 7 March 2018 from …

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Government Announces Financial Assistance Policy for Shipyards

New Delhi: Port Wings News Network: The Union Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026, the Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a …

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Air Cargo Off to a Robust Start in 2018: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017. Freight …

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