New Delhi: Port Wings News Network: Around 20,000 delegates will participate, 24 partner countries will join and more than 400 Projects are set to be showcased in the 2nd edition of Maritime India Summit (MIS) 2021 to be held virtually from 2-4 March. Prime Minister Narendra Modi will inaugurate the …
Read More »Port Wings Maritime Exim Weekly Newspaper 10 Feb 2021 Issue
Editorial: Flagging of Merchant Ships
Chennai, 10 Feb 2021: To promote flagging of merchant ships in India, in her Budget Speech, the Union Finance Minister Nirmala Sitharaman proposed to launch a subsidy support scheme of Rs 1,624 crore in global tenders floated by ministries and CPSEs over five years to Indian shipping companies. She emphasised …
Read More »DCIL Launches Beach Nourishment Work for Visakhapatnam Port
Visakhapatnam: Port Wings News Network: Shri K. Rama Mohana Rao, Chairman of Visakhapatnam Port Trust and Dredging Corporation of India Ltd inaugurated the 2020-21 year beach nourishment work by DCI dredger Dredge XX at RK Beach on 10 February. Speaking on this occasion Chairman, VPT & DCIL conveyed the message …
Read More »Parliament Passes Landmark Major Port Authorities Bill, 2020
New Delhi: Port Wings News Network: Parliament on 10 February passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now, the Bill will go to the President of India for his assent. …
Read More »Seafarers Of “Anastasia” Stuck In China Shortly To Reunite With Their Families
Mumbai: Port Wings News Network: Indian seafarers of “Anastasia” who were stuck at the Chinese anchorage for more than six months have finally reached Japan for crew change. Below is the reaction sent to media from Abdulgani Y. Serang, General Secretary – cum – Treasurer, National Union of Seafarers of …
Read More »A.P. Moller – Maersk Delivers Strong Transformation Progress, Results in 2020
Chennai: Port Wings News Network: 2020 has been another year of solid progress for A.P. Moller – Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record Q4 …
Read More »Green Financings Concluded For Six Large Container Ships On Order
Chennai: Port Wings News Network: Hapag-Lloyd is breaking new ground in financing by concluding two debut transactions according to the Green Loan Principles of the Loan Market Association (LMA). This has also been verified by an independent expert in the form of a secondary party opinion of the DNV GL. …
Read More »Russian Railways, Maersk Launch First Transit Container Train Carrying Cargo from Japan on Trans-Siberian
Chennai: Port Wins News Network: The first container train carrying Japanese cargo by Maersk was sent along the Trans-Siberian Railway from the Nakhodka-Vostochnaya station. This train includes forty 40-foot containers (FEU) shipping sportswear and equipment. They were transported by sea from the Port of Yokohama in Japan to Vostochny Port, …
Read More »Jawaharlal Nehru Port Inaugurates Comprehensive Solid Waste Management Project
Mumbai: Port Wings News Network: In a major push under green port initiatives and with a vision to achieve sustainability goals, Shri Sanjay Sethi, IAS, Chairman, JNPT inaugurated the Comprehensive Solid Waste Management Project at JNPT Township in the presence of Shri. Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT and …
Read More »DP World Reports +7.6% Gross Volume Growth In 4Q2020, Flat Growth For FY2020
Chennai: Port Wings News Network: DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported basis and up 6.5% on a like-for-like basis [Like for like gross container volume adjusts …
Read More »Maersk Announces Introduction of SHUTTLE Service From Kamarajar Port Instead of Kattupalli
Chennai: Port Wings News Network: Maersk on 5 February announced that its SHUTTLE service will now commence from Kamarajar Port, Ennore starting 15 March. According to an advisory to customers, Maersk stated: “In 2018, we introduced the Chennai Express (CHX) service at Ennore, a decongested alternative to the existing ports. …
Read More »Jawaharlal Nehru Port Starts 2021 on High Note, Handles 465,084 TEUs in January
Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, handled 465,084, twenty-foot equivalent units (TEUs) in January, clocking a growth of 9.14% percent over the same month last year, as the domestic economy rebounds with the start of the new year and easing of lockdown. …
Read More »Ministry of Ports, Shipping and Waterways Issues Finalized Guidelines of Floating Structures
New Delhi: Port Wings News Network: Ministry of Ports, Shipping and Waterways has finalized and issued the guidelines for floating structures, with a vision to set up world-class floating infrastructure all along the coastline, in the upcoming projects as per the provisions contained in the guidelines. The guidelines set out …
Read More »Change at the Helm of Hamburg Süd, Poul Hestbaek To Get the Hot Seat
Chennai: Port Wings News Network: Hamburg Süd, which is recognised for its long-term, strong customer relationships, has successfully established its brand as part of A.P. Moller-Maersk. Since Hamburg Süd was acquired, the company has been gradually integrating and realising significant synergies at the same time as keeping local empowerment and …
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