CMA CGM To Resume CIMEX 9 Service

    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 …

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Kolkata Port Turns Focus To Improving Container Handling

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 …

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Shipping Ministry Drops Enayam Transhipment Port Project

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 …

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NHAI Creates National Highways Investment Promotion Cell

    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 …

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Government Increases Import Duty on Chana, Masoor

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 …

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Singapore Steps Up Efforts To Enhance Safety At Sea

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 …

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SEKO’S Bringing Airfreight Home, at the Speed of E-commerce

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 …

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Hutchison Ports Acquires 50% Stake in TMA Logistics

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 …

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Christmas Carols and Santa Claus Welcomes Cruise Tourists in Goa

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 …

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Editorial: FTP: India Losing Comparative Advantage

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 …

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