Portwings Your Window to Maritime World

Chennai: Port Wings News Network: Hapag-Lloyd on 10 October 2019 officially opened its headquarter for the new region South Europe. CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards. During the opening event, Habben Jansen explained …

Chennai: Port Wings News Network: As India and China seek to cement their economic engagement with a clear support at the level of Prime Minister Shri Narendra Modi and Chinese President Xi Jinping, India’s engineering exports to China have gone up by an annualised 58 per cent in August 2019, bucking …

New Delhi: Port Wings News Network: Union Minister of Commerce & Industry and Railways, Piyush Goyal will attend the 9th Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial meeting to be held on 11-12 October 2019 at Bangkok in Thailand. This will be the last Ministerial before the 3rdLeaders Summit to …

Chennai: Port Wings News Network: Ocean Network Express (ONE) on 10 October 2019 announced that Ocean Network Express (Europe) Ltd has achieved Authorised Economic Operator (AEO) accreditation. AEO status is an internationally recognised quality mark that shows ONE’s role in the international supply chain is secure and that our customs …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 9 October 2019 released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.9% in August 2019, compared to the same period in 2018. This marks the tenth consecutive month …

Chennai: Port Wings News Network: AirBridgeCargo Airlines has successfully gained its IATA CEIV Pharma re-certification following two-day audit procedures for compliance with IATA’s Center of Excellence for Validators in Pharmaceutical Logistics (CEIV Pharma) certification program. The audit, which was carried out IATA’s representing company, was held at Moscow Sheremetyevo International …

Chennai: Port Wings News Network DP World, the official Premier Global Trade Partner of Expo 2020 Dubai, has revealed the design of its pavilion, which will be one of the largest at the Expo site. The pavilion will be centered around the concept of ‘Making Trade Flow’, and demonstrate how …

Port Wings, 9 October 2019: The International Federation of Freight Forwarders Associations (FIATA) organized its annual event in South Africa this time. And, FIATA which was founded in Vienna, Austria in 1926 to present the case of freight forwarders to decision makers, once again used the Cape Town podium to …

New Delhi: Port Wings News Network: Shri Mansukh Mandaviya, MoS (I/C)  Shipping has said that Prime Minister Shri Narendra Modi’s  foreign policy initiative  regarding use of Chattogram and Mongla Ports in Bangladesh for movement of goods to and from India will bring revolutionary cost-cutting in  shipments to and from the …

Cape Town: Port Wings News Network: The International Federation of Freight Forwarders Associations (FIATA) on 3 October 2019 released an updated version of the FIATA Model Rules for Freight Forwarding Services during its 2019 World Congress in Cape Town, South Africa. This revision took into account various changes in the …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) commended the significant progress made by governments at the 40th Assembly of the International Civil Aviation Organization (ICAO). Environment was at the top of the agenda, and after some robust discussions between states, there were two critical outcomes: The …

Panaji: Port Wings News Network: To commemorate the 150th birth Anniversary of “Father of the Nation” Mahatma Gandhi, a concluding programme on “Swachhta Hi Seva 2019” was held at Mormugao Port Trust (MPT) Main Administrative building. Shri G. P. Rai, Deputy Chairman, MPT  flagged off   Mini Marathon of 10 kms …

Mumbai: Port Wings News Network: The technology group Wärtsilä launched its first Wärtsilä-branded high-speed engine, Wärtsilä 14, at the Wärtsilä Annual Technical Seminar in Mumbai held recently. The Wärtsilä 14 is a high-speed, compact engine designed to fit requirements for limited space and weight. The engine is designed to lower …

New Delhi: Port Wings News Network: Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows (gross disbursements minus principal payments) from external creditors tumbled 28 percent to $529 billion, the World Bank’s International Debt Statistics 2020 shows. Although on …