Commerce Minister Meets Russian Delegation

New Delhi: Port Wings News Network: Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu,met a high level Russian business delegation on 27 October 2018 in New Delhi. Discussions were held on increasing investments and business engagements with Russia. Russia has invested USD 1.2 billion in India between …

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IWAI To Hand Over Kolkata Terminals on PPP Mode

New Delhi: Port Wings News Network: Inland Waterways Authority of India (IWAI) will make its foray into Public Private Partnership (PPP) on 30 October 2018 when it hands over the operation and management of its terminals in Kolkata to M/s Summit Alliance Port East Gateway (India) Pvt Ltd. (SAPEL) on …

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NMPT Observes Vigilance Awareness Week-2018

Mangalore: Port Wings News Network: Vigilance Awareness Week is being observed in New Mangalore Port Trust (NMPT) from 29 October to 3 November, 2018 as per the directives of the Central Vigilance Commission with the theme “Eradicate Corruption – Build a New India”. As part of the vigilance awareness week, …

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BBC Chartering, Seaboard Create Joint “Andino Service”

Chennai: Port Wings News Network: As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, BBC Chartering and Seaboard Marine are pleased to announce a new strategic cooperation which will be marketed as “Andino Service.” …

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Vigilance Awareness Week in Cochin Port Trust

Cochin: Port Wings News Network: Vigilance Awareness Week 2018 was inaugurated by Shri. A.V. Ramana, Deputy Chairman, Cochin Port Trust, on 29 October 2018 at a function held at the Conference hall of the port. Introductory address was made by Smt. S. Uma Venkatesan IRS, Chief Vigilance Officer, Cochin Port …

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Victoria International Container Terminal Proves Big Ship Competence

Chennai: Port Wings News Network: Victoria International Container Terminal (VICT), Melbourne, is now the regular recipient of large container vessel calls, bringing the port into line with its peers on the east coast of Australia – Sydney and Brisbane – and delivering multiple benefits to importers and exporters. VICT was …

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Cruise Ship Angriya On Maiden Visit To Goa

Panaji: Port Wings News Network: Domestic luxury cruise liner ANGRIYA made its maiden visit to Mormugao Port on 25 October, carrying 226 passengers from Mumbai. The cruise ship arrived at 9.00 hours in the morning and was docked at the cruise terminal at Mormugao Port. Dr. E. Ramesh Kumar, Chairman, …

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Panalpina Increases Group Profitability

Chennai: Port Wings News Network: In the first nine months of 2018, international freight forwarding and logistics company Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from …

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