Portwings Your Window to Maritime World

Chennai: Port Wings News Network: DP World PLC handled 17.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2019, with gross container volumes declining by 0.6% year-on-year on a reported basis. Gross like-for-like volumes declined by 0.7% in 1Q2019 due to …

Chennai: Port Wings News Network: Indian Coast Guard Ship Priyadarshini was commissioned on 26 April 2019 at Kakinada by Additional Director General KR Nautiyal, PTM, TM Coast Guard Commander Eastern Seaboard in the presence of Inspector General S Paramesh, PTM,TM, Commander Coast Guard Region (East) and other distinguished guests from …

Chennai: Port Wings News Network: The 10th Executive Committee Meeting of the Federation of Freight Forwarders’ Associations in India (FFFAI), was held on 12 & 13 April at Holiday Inn Hotel in Kolkata. The meet was attended by all office bearers including a large number of EC Members of the …

Port Wings, 24 April 2019: The suspension of operations by Jet Airways, one of India’s largest private airlines, follows the troubles at Kingfisher, Air Deccan, and Sahara.  With the suspension, Indian domestic aviation sector is hugely impacted and the problem becomes monstrous in size given the holiday season. Naresh Goyal, …

Mumbai: Port Wings News Network: To attract new entrepreneurs in exports and bridge the gap of availability of qualified skilled manpower in Exim trade,  Federation on Indian Export Organisations (FIEO) signed a MoU with Prin. L N Welingkar Institute of Management Development & Research, (WeSchool) Mumbai to launch a Post …

Chennai: Port Wings News Network: AET’s first LNG dual-fuel sister Aframaxes, Eagle Brasilia and Eagle Bintulu, successfully completed their first ship-to-ship (STS) LNG bunkering at the Port of Rotterdam (POR), earlier this month. The latest in AET’s eco-friendly innovation towards a sustainable industry solution that meets IMO’s 2050 goal, this …

Chennai: Port Wings News Network: A new international joint venture that aims to change the way that containers are handled in ports has been launched by global trade enabler DP World and industrial engineering specialists, SMS Group. “BOXBAY” represents a new and intelligent High Bay Storage (HBS) system that will …

Chennai: Port Wings News Network: Atran Airlines, the Russian air express carrier within Volga-Dnepr Group, has launched a new route linking Xi’an, China, with Moscow, Russia. The first flight was operated by one of Atran’s Boeing 737-400SF freighters with further plans for Boeing 737-800BCF deployment to be able to guarantee …

Singapore: Port Wings News Network: Ocean Network Express (ONE) has announced that A.P. Moller –Maersk, Hapag-Lloyd, MSC and Ocean Network Express established Digital Container Shipping Association (DCSA) in The Netherlands. Industry veterans form leadership team, with Thomas Bagge appointed as CEO. After gaining regulatory approval from the Federal Maritime Commission …

Chennai: Port Wings News Network: The all India Readymade Garment exports recorded Rs.1,12,715 Crore in 2018-19 against Rs.1,07,679 Crore achieved in 2017-18, with a  positive growth of 4.7% revealed by Ministry of Commerce and Industry. In a press release, Shri. Raja M Shanmugham, President said the knitwear exports from Tirupur …

Port Wings, 17 April 2019: According to World Bank officials from the Development Committee, a ministerial-level forum of the World Bank Group and the International Monetary Fund, the global outlook foresees a moderate slowdown in economic activity, with lingering downside risks. Global trade growth has weakened, while investment prospects have …

Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC) has chosen Worldwide Flight Services (WFS) as its handling partner to accelerate its strategic partnership with Liege Airport ahead of the opening of the first phase of its new dedicated cargo area at the airport at the end of 2019. The cooperation …

New Delhi: Port Wings News Network: Reacting to the overall merchandise exports figures for the FY 2018-19, Mr Ganesh Kumar Gupta, President, FIEO said that amid slowing global trade, India’s exports registered an all-time high of USD 331 billion for the fiscal with a growth of 9.06 percent as against …