APM Terminals Pipavav Adds Maersk FM3 Service

    Mumbai: Port Wings News Network: The 9662 TEU capacity Maersk Salina arrived at APM Terminals Pipavav recently representing the first call of Maersk Line’s FM3 Service to APM Terminals Pipavav. The service links India to key markets through port calls in Tanjung Pelepas,Malaysia; Colombo, Sri Lanka; Nhava Sheva, …

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Let Credit Cost not be a Deterrent To Export Growth: FIEO President

    New Delhi: Port Wings News Network: While commenting on anticipated unchanged interest rates due to inflationary risks (MSP increase/commodity prices unwinding/fiscal slippage), Mr Ganesh Gupta, President, FIEO, stated that for the export credit, which was in the priority sector had shown a decline of -2.5% in 2016-2017 and …

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Adani Foundation Launches Adani Vidya Mandir in Chhattisgarh

Mumbai: Port Wings News Network:   Adani Foundation part of the Adani Group, a global integrated infrastructure conglomerate, on 2 February 2018 inaugurated a special CBSE school Adani Vidya Mandir (AVM) and a Vocational Training Center (Kaushal Vikas Kendra) at Surguja, Chhattisgarh catering towards the welfare of the children and …

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Air Freight Demand up 9% in 2017, Strongest Growth Since 2010

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight …

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First Vessel Calls at PSA Bharat Mumbai Container Terminals

Mumbai: Port Wings News Network: PSA’s Bharat Mumbai Container Terminals Private Limited (“BMCT”) received its first container vessel call with the berthing of CMA-CGM’s “Centaurus” at the terminal on 2 February 2018. The 3,426 TEU (twenty-foot equivalent unit) vessel operates on the Swahili Express Service (“SWAX”) linking India and East …

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Paradip Port Achieves Highest Ever Monthly Cargo Throughput

    Paradip: Port Wings News Network: Paradip Port Trust clocked all time monthly volume record in terms of Cargo Handling as it handled 10.18 MMT cargo in January 2018 thus by achieving its highest ever monthly total. Addressing the gathering of the Port Users and stake holders along with …

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Narendra Modi’s ASEAN Masterstroke

Port Wings, 31 January 2018: Prime Minister Narendra Modi used India’s Republic Day to host heads of 10 members of the Association of Southeast Asian Nations (ASEAN). As India’s ‘Look East Policy’, matures into an ‘Act East Policy’, a strong relationship with ASEAN is no longer a policy option; rather …

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DP WORLD Chennai Hosts Trade Meet for SME Exporters of Tamil Nadu

Chennai: Port Wings News Network: Global trade enabler DP World-operated Chennai Container Terminal (CCT) in association with the Chennai Port Trust as a part of their marketing initiative to boost terminal trade, recently concluded a trade meet for the Small & Medium Enterprises (SME) exporters from Sivakasi & neighbouring districts …

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