Portwings Your Window to Maritime World

Chennai: Port Wings News Network: MISC Berhad (MISC), a world leading energy related maritime solutions and services provider, on 12 March held the naming and delivery ceremony of its new Floating, Storage & Offloading (FSO) facility for Chevron Offshore (Thailand) Limited (COTL), the FSO Benchamas 2. The project marks MISC’s …

Tuticorin: Port Wings News Network: V  O Chidambaranar Port, Tuticorin, the economic engine of South India, has created an achievement in container traffic by handling 6,43,720 TEUs on 07 March 2018 surpassing the previous financial year record traffic of 6,42,103 TEUs, 24 days ahead during the current financial year. According …

Chennai: Port Wings News Network: In the 26th GST council meeting held on 10 March 2018, it has been decided to extend the exemption of IGST payment for imports of machinery under EPCG scheme and inputs, raw material under Advance Authorization Schemes up to 01.10.2018, further six months beyond 31.03.2018. …

New Delhi: Port Wings News Network: Sending a strong positive signal to the exporting community, the GST Council in its 26thmeeting held in New Delhi has decided to extend the available tax exemptions on imported goods for a further six months beyond 31 March 2018. Thus, exporters presently availing various …

New Delhi: Port Wings News Network: The GST Council in its the 26th meeting held in New Delhi has recommended the introduction of e-way bill for inter-State movement of goods across the country from 01 April 2018. For intra-State movement of goods, e-way bill system will be introduced wef a …

Chennai: Port Wings News Network: In a convergence of great brands and extraordinary leadership organised by Whitepage International in association with UK Asian Business Council, held at Ritz Carlton, Singapore on 9 March evening, Sri City won two awards. While it was featured as Asia’s Most Admired Brand for 2017-18 …

Chennai: Port Wings News Network: International Women’s Day (IWD) is celebrated on March 8 every year. It is a focal point the movement for women’s rights. While the first observance of a Women’s Day was held on February 28, 1909 in New York, March 8 was suggested by the 1910 …

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), the premier container port in the country under the administrative control of Ministry of Shipping, Government of India and located in Nhava Sheva, Maharashtra, has achieved a new milestone on 9 March by surpassing the last year’s highest volume of …

Chennai: Port Wings News Network: The evacuated crew from container vessel Maersk Honam are on land, the company said in a media statement. While some are receiving medical care, others have been released from hospital, it added. According to the media statement, evacuated crew members have disembarked in the cities …

Port Wings, 7 March 2018 Though the shadow of blackmoney was growing for the past three decades, only few years ago, the Supreme Court of India delivered a landmark judgment in response to a law suit filed by noted lawyer Ram Jethmalani seeking direction to the Union Government to reveal …

Chennai: Port Wings News Network: The CMA CGM Group, a world leader in maritime transport, on 9 March announced that it is reinforcing its offer, starting 2 April 2018, from Indian Sub-Continent, in a partnership with HLC, MSC, COSCO and ONE. With 2 weekly and complementary services, this new offer …

Chennai: Port Wings News Network: A new direct connection has been launched between Amsterdam Container Terminal and Yiwu in China as part of the new Silk Road connecting two of the world’s leading economies. The first train set off on its 11,000 kilometre, 16-day journey on 7 March 2018 from …

    New Delhi: Port Wings News Network: The Government has extended the period of Coastal Berth Scheme beyond 12th Five Year Plan i..e from 1st April, 2017 to 31st March, 2020. The scope of the scheme has also been enlarged to cover the cost of preparation of Detail Project …

New Delhi: Port Wings News Network: The Union Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026, the Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a …

    New Delhi: Port Wings News Network: The Inland Waterways Authority of India proposes to develop a“freight village” in Varanasi. The objective of the project is to support economic development in the hinterland of the multimodal terminal at Varanasi and reduce logistics cost in the Eastern Transport Corridor and …