Milaha Reports Net Profit of QAR 260 Million for Q1 2018

Chennai: Port Wings News Network: Milaha Maritime &Logistics’ revenue increased by QAR 65 million and net profit by QAR 29 million as a result of volume growth in Ports business, and better operating margins in Container Shipping unit. Milaha Gas & Petrochem’s revenue decreased by QAR 5 million and net …

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Chennai Port Berths Highest Parcel Size Edible Oil Vessel

    Chennai: Port Wings News Network: M.T.ALICE (LOA-183.2m) had called Chennai Port on her maiden voyage on 17 April 2018 and berthed at WQ2 with 36500 Tonnes of Crude Sunflower Oil. This is the highest parcel size under the category of edible oil ever handled at the Port. According …

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Airport Profits Continue To Grow in Australia

Chennai: Port Wings News Network: Brisbane, Melbourne, Perth and Sydney airports all significantly increased their profits from aeronautical activities in 2016-17, with profits per passenger also rising, according to the ACCC’s annual Airport Monitoring Report. The four airports earned a combined $757.6 million in operating profits (EBITA) from aeronautical activities …

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DP WORLD Reports 7.3% Gross Volume Growth in First Quarter of 2018

Chennai: Port Wings News Network: DP World Limited handled 17.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2018, with gross container volumes growing by 7.3% year-on-year on a reported basis, and 8.4% on a like-for-like basis, well ahead of Drewry …

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Minister Releases National Foreign Trade Directory

    New Delhi: Port Wings News Network: Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded International SME Convention- 2018 in New Delhi. The …

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Chennai Hosts Maiden FOTNA Cup Yachting Regetta

Chennai: Port Wings News Network: The maiden FOTNA Cup Yachting regatta is being jointly conducted by Indian Navy and Royal Madras Yachting Club (RMYC) at Chennai from 26 to 29 April 2018. The regatta being organized under the aegis of Yachting Association of India (YAI) will have participation by variety …

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Indian Chamber of Commerce & Industry Organises Seminar on Desalination

Tuticorin: Port Wings News Network: In continuation to the memorandum submitted to the Chief Minister of Tamil Nadu and meeting with the District Collector regarding development of Thoothukudi District, Indian Chamber of Commerce & Industry (ICCI), Tuticorin, conducted an interactive meeting on Desalination Plant and its importance on 23 April …

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