Portwings Your Window to Maritime World

    Chennai: Port Wings News Network: Leading shipping liner company CMA CGM has announced the resumption of CIMEX 9 service. By integrating this third service connecting Asia with Iran, CMA CGM is providing an enhanced coverage in the region. According to a media statement, CMA CGM through CIMEX 9 …

Chennai: Port Wings News Network: With surplus capacity addition of container terminals in the Mundra-JNPT (North West) and the Chennai cluster (South East) regions, container terminals are likely to witness severe competitive pressures for larger share of incremental volumes; and thereby pressure on realisations as well. As per an ICRA …

Kolkata: Port Wings News Network: Vinit Kumar is the first Indian Railway Service (IRS) official to become the chairman of Kolkata Port Trust in October. Two months later, he is busy mitigating the logistics gaps that earned Kolkata the tag of the costliest port in India. “We are taking a …

From Colachel to Enayam, and now to Kovalam Chennai: Port Wings News Network: The proposed Enayam International Container Trans-shipment Terminal (EICTT) project has been cancelled as officials have found an alternative location for executing the project, according to a report in leading English daily The New Indian Express. A strategically …

    New Delhi: Port Wings News Network: The National Highways Authority of India has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building …

New Delhi: Port Wings News Network: Government has decided to impose 30% import duty on Chana (Chickpeas) and Masoor (Lentils), with immediate effect. Production of Chana (Chickpeas) and Masoor (Lentils) are expected to be high during the forthcoming Rabi season, and cheap imports, if allowed unabated, are likely to adversely …

Chennai: Port Wings News Network: The Maritime and Port Authority of Singapore (MPA) has stepped up efforts to enhance safety at sea during the year-end festive season. As everyone unwinds during this period, MPA urges the public and all port users to remain vigilant and safe at sea. Typically, the …

Chennai: Port Wings News Network: SEKO Logistics has launched a new Airfreight+ Final Mile service in North America to give retailers, marketplace merchants and consumer brands a home delivery solution for bigger, bulkier products that delivers air cargo to their door at the speed of e-commerce. Already being used by …

Chennai: Port Wings News Network: Hutchison Ports has acquired a 50% shareholding in TMA Logistics B.V. (TMA). TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at the Hutchison …

Panaji: Port Wings News Network: The Cruise Berth terminal at the Mormugao Port resembled a Christmas Party zone with scintillating music and melodious Carols filling the air and Santa Claus making his presence felt to ring in the Christmas spirit, as the Officials of the Goa Tourism Development Corporation, Government …

Chennai: Port Wings News Network: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Mr Narendra Modi has given its approval for a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector, titled “Scheme for Capacity Building …

New Delhi: Port Wings News Network: APEDA organized the first trial shipment export of green chillies etc. by M/s. Elite Oceanic Trading Pvt. Ltd. from Lal Bahadur Shastri International Airport, Varanasi to Dubai with the logistics support of Spice Jet airline. The first trial consignment was flagged off by Shri …

Mumbai: Port Wings News Network: Bharat Mumbai Container Terminals Private Limited (BMCT) and Container Corporation of India (Concor) on 20 December 2017 signed a Memorandum of Understanding (MOU) to launch dedicated shuttle trains running between BMCT and Concor’s Rail Transhipment Hubs (RTH) at Kathuwas and Jakhwada to consolidate containers railed …

Port Wings, 20 December 2017 Bowing to the increasing pressure from the trade community, the government has announced liberal incentives of Rs 8,450 crore ($1.3 billion) in its mid-term review of the five-year foreign trade policy (FTP) that was rolled out in 2015 and aimed at increasing the export of …

Port Wings 20 December 2017 Issue