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 …

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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 …

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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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