Sri City SEZ Celebrates Republic Day

Chennai: Port Wings News Network: The 69th Republic Day was celebrated with enthusiasm and zeal in Sri City SEZ. In a colourful ceremony held at the lawns of Business Centre Mrs. Vimala Kumari, Dy.  Superintendent of Police, Sri City, unfurled the National Flag, and took salute in an impressive parade …

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MISC Berhad Maintains its Position in FTSE4Good Bursa Malaysia Index

Chennai: Port Wings News Network: MISC Berhad’s consistent performance and improved transparency of its Environmental, Social and Governance (ESG) practices has enabled the company to maintain its position in the FTSE4Good Bursa Malaysia Index, one of the globally recognised sustainability indices. In the latest assessment, MISC’s overall rating has improved …

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Milaha Acquires its Largest Container Vessel

    Mumbai: Port Wings News Network: Milaha, a Qatar-based maritime and logistics conglomerate, has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel. The new vessel will be one of the 17container vessels that the group operates, and is part of the ongoing expansion of the …

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Editorial:Trade Growth is Good News For India

Port Wings, 24 January 2018: As anticipated by experts, India’s major export destinations are witnessing a cyclical economic recovery in 2017-18 with global trade rising higher. A global slowdown, a sharp fall in commodity prices and currency fluctuations kept Indian exports under pressure between fiscal 2014-15, and in July 2016, …

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Port of Antwerp Scores 5th Record Year in a Row

Chennai: Port Wings News Network: The port of Antwerp has achieved a record freight volume for the fifth straight year in a row. In 2017 the port handled 223,606,610 tonnes of freight, an increase of 4.4% compared with the previous year. Practically all sectors turned in an excellent performance: the …

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Construction of Second Baikal Tunnel Almost Complete

Chennai: Port Wings News Network: Construction of the second Baikal tunnel-the most important part of the BAM and Trans-Siberian Modernization Program-is coming to an end. According to operational data, 6372 m (out of a total length of 6682 m) has been dug. The average pace of the second Baikal tunnel …

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BIMCO Launches new Innovative Contract Editing Solution

Chennai: Port Wings News Network: BIMCO has taken a big step forward and launched an innovative new solution for editing contracts. The solution is called SmartCon, and it makes contractual work easier and more secure. The product was launched at an event in Singapore on 18 January 2018. Grant Hunter, …

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Exporters Must Focus on new Markets: Vice President Venkaiah Naidu

Chennai : Port Wings News Network: The Vice President of India, Mr M Venkaiah Naidu has asked India’s exporters to focus on new markets and new products including sunrise products which show higher growth in global trade including electric, electronic, Tele-communication equipment. Mr Naidu was addressing the gathering after conferring …

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