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Port Wings Maritime Weekly Newspaper 1 Jan 2020 Issue
Editorial: $5 Trillion Economy: Realistic Target?
Port Wings, 1 Jan 2020: Prime Minister Narendra Modi’s aim to achieving a $5-trillion economy by 2024 is unlikely to remain a realistic target given the past dismal economic performances of the country and the doubts and concerns raised by rating agencies and economists. International Monetary Fund’s chief economist Gita …
Read More »Indian Railways Conduct Trial Run of Double Stack Train on Newly Built Rewari-Madar Section of Western Dedicated Freight Corridor
New Delhi: Port Wings News Network: An inaugural Trial-Run of Indian Railways (IR) freight train on the newly built Rewari-Madar section of Western Dedicated Freight Corridor (WDFC), covering a distance of about 306 kms (Total 663 track Km) was conducted on 27 December 2019. The trial run was flagged off …
Read More »DP World To Develop South Container Terminal at Jeddah Islamic Port
Chennai: Port Wings News Network: Global trade enabler DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port. Under the agreement, DP World will invest up to …
Read More »India, Oman Sign Deal on Enhancing Maritime Ties
New Delhi: Port Wings News Network: India and Oman signed a Maritime Transport Agreement on 24 December 2019 during the visit of foreign minister S Jaishankar to the Sultanate. The pact – the first with any Gulf country – enables India to expand its footprint in the western Indian Ocean, …
Read More »Harjeet Kaur Joshi, First Woman to Head Shipping Corporation of India
New Delhi: Port Wings News Network: Mrs Harjeet Kaur Joshi has assumed charge as Chairperson & Managing Director of the Shipping Corporation of India Ltd (SCI), a Navratna CPSE under the Ministry of Shipping (MOS), Government of India. Mrs. Joshi has been appointed to the post of C&MD, SCI by …
Read More »Mitsubishi Shipbuilding Signs Contract With MOL for First LNG-Fueled Ferry
Chennai: Port Wings News Network: Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, has concluded a contract with Mitsui O.S.K. Lines (MOL) to build two LNG-fueled ferries, the first such project in Japan. These vessels will be built at the Shimonoseki Shipyard …
Read More »ICTSI Poland Hits Milestone 500K TEU Move
Chennai: Port Wings News Network: Baltic Container Terminal (BCT), the Polish unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Gydnia, capped 2019 with a milestone after recently reaching its 500,000th twenty-foot equivalent unit (TEU) move on 21 December. The event, which coincided with the 40th anniversary …
Read More »Tirupur Exporters Association Hails PM Modi For Interaction With Textiles Industry Delegates
Chennai: Port Wings News Network: Shri. Narendra Modi, Prime Minister called for a meeting with 11-Textiles Industry delegates from all over India on 26 December 2019 at PM residence to know the plight of Textile industry. After thanking the Prime Minister, Shri Raja M Shanmugham, President, Tirupur Exporters Association (TEA), …
Read More »Port Wings Maritime Weekly 25 Dec 2019 E-paper
Editorial: Will FASTag Serve the Intended Result?
Port Wings, 25 Dec 2019: To give a fillip to digital payments and bring in enhanced transparency, the Transport Ministry had directed to declare all lanes of fee plazas on National Highways as ‘FASTag lanes’ by December 1. However, one lane in each direction was decided to be kept as …
Read More »Year End Review 2019- Ministry of Shipping
In the year 2019, the government has undertaken several important progressive policy interventions and new initiatives to accelerate the overall development of the shipping sector. Enactment of the landmark Recycling of Ships Act, 2019; accession to IMO’s Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships in November, 2019; …
Read More »Mitsubishi Shipbuilding Delivered Fuel Gas Supply System “FGSS” for the First LNG Fueled PCC Built in Japan
Chennai: Port Wings News Network: Mitsubishi Shipbuilding Co., Ltd., a member of Mitsubishi Heavy Industries, Ltd. (MHI) Group, based in Yokohama, has delivered the first LNG (Liquefied Natural Gas) fuel supply system “FGSS (Fuel Gas Supply System)” for dual fuel marine engines. This system will be installed onboard the first …
Read More »Boskalis Gets Multi-year Maintenance Contract for Port of Rotterdam in Netherlands
Chennai: Port Wings News Network: Royal Boskalis Westminster N.V. (Boskalis) has been awarded a multi-year contract for the maintenance dredging in Rotterdam, the Netherlands, ensuring the continued safe access to the port. The contract was awarded by the Port of Rotterdam and the Department of Public Works (Rijkswaterstaat) in the …
Read More »ICTSI Australia Cited for Port Management Excellence
Chennai: Port Wings News Network: Victoria International Container Terminal (VICT), the Australian unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Melbourne, has been recognized by the world’s oldest maritime publication, Lloyd’s List, for excellence in port management and infrastructure at the recently-concluded Asia Pacific Awards 2019. …
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