Essar Shipping Gearing up for IMO 2020 Compliance

Mumbai: Port Wings News Network: The International Maritime Organisation (IMO) has directed that starting January 2020, the global cap of sulphur content in shipping fuel is to be reduced to 0.5% (from the current 3.5%). This decision has been triggered because there is a huge amount of damage taking place …

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Editorial: Staying Away From RCEP Deal Good for India?

Port Wings, 13 Nov 2019: Finally, after much uproar in domestic front as well as analysts, Indian government in eleventh hour has taken a decision to stay away from the mega-trade deal –Regional Comprehensive Economic Partnership (RCEP). PM Modi categorically stated in his speech on November 4, 2019, at the …

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PSA Chennai Sets Yet Another Productivity Record

Chennai: Port Wings News Network: Determined to deliver unmatched performance and reliability to our customers, PSA’s Chennai International Terminals Pvt. Ltd. (PSA Chennai) has surpassed itself yet again to set a new vessel productivity record. The new vessel productivity record of 173 moves per hour for South and East India was set …

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Paradip Celebrates “Port Day”

Paradip: Port Wings News Network: Port Day was observed on the auspicious day of Kartik Purnima by the Paradip Port Trust authorities on 12 November 2019 as being done every year. On this occasion, Shri Rinkesh Roy, Chairman, Paradip Port Trust attended the function as Chief Guest and unfurled the …

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Chettinad Mangalore Coal Terminal Handles First Shipment of Coal

Mangalore: Port Wings News Network: M/s Chettinad Mangalore Coal Terminal Pvt. Ltd (CMCTPL), located in New Mangalore Port Trust (NMPT) commenced its commercial operation by handling first shipment of coal brought by vessel MV Yangze-8 on 08 November 2019. It may be noted that NMPT has entered into a concession …

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AirBridgeCargo Airlines Successfully Handles Record Transportation of 27 RKN Envirotainer Containers Onboard Single Flight

Chennai: Port Wings News Network: AirBridgeCargo airlines (ABC), one of the leading global carriers of pharmaceuticals by air,  have successfully completed a record transportation of 27 RKN Envirotainer containers onboard a single flight, delivering an important and urgent vaccine product  from Milan, Italy to Beijing, China on 30 October 2019 …

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Tokyo To Join Virgin Australia’s International Cargo Network

Chennai: Port Wings News Network: Virgin Australia will add Japan to its international cargo network in March with the launch of daily services between Brisbane and Tokyo-Haneda. Commencing on 29 March 2020, cargo space on the new route will be marketed by Virgin Atlantic Cargo under its longstanding international long-haul …

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Wärtsilä, PSA Marine Achieve Breakthrough in IntelliTug Project

New Delhi: Port Wings News Network: The technology group Wärtsilä, in collaboration with PSA Marine, has achieved a breakthrough in its IntelliTug project. Following the successful installation of a first-of-its-kind Dynamic Positioning (DP) system onboard the harbour tug ‘PSA Polaris’, trials are now being carried out in the Port of …

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September Air Freight Volumes Remain Weak: IATA

New Delhi: Port Wings News Network: The International Air Transport Association (IATA) on 7 November 2019 released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 4.5% in September 2019, compared to the same period in 2018. This marks the eleventh consecutive …

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Stevedores’ Revenue up due to Higher Infrastructure Charges: ACCC’s Container Stevedoring Monitoring Report

Chennai: Port Wings News Network: Higher infrastructure charges imposed on trucks and rail operators at ports helped the container stevedoring industry increase average revenue per container lift for the first time in seven years, according to the ACCC’s container stevedoring monitoring report. Revenues generated by the infrastructure charges rose by …

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Container Traffic at Port of Gothenburg on the Rise

Chennai: Port Wings News Network: The Swedish container market had a slight downturn during the first half of 2019 with a one per cent fall, but the Port of Gothenburg is reporting a steady rise in both market share and volume. Between January and September this year, the figure stood …

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