Portwings Your Window to Maritime World

Chennai: Port Wings News Network: The CMA CGM Group, a leading worldwide shipping and logistics group, on 25 September 2019 announced the launching of the world’s largest containership (23,000 TEU) powered by liquefied natural gas (LNG). This major milestone in the construction of the world’s first LNG-powered ultra large containership …

Chennai: Port Wings News Network: LNG traders JERA Global Markets and Vitol have executed the first Atlantic LNG freight swap against The Baltic Exchange’s BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products LLP. The BLNG3 assessment provides a freight rate benchmark for LNG shipments between Sabine Pass …

Port Wings, 25 Sept 2019: After months of rumbling, Government of India finally started rolling out decisive steps to bring economy back on track. Finance Minister Nirmala Sitharaman last week rolled out tax sops for corporate companies, which is seen as a first step to win back confidence of the …

Chennai: Port Wings News Network: The fourth in the series of seven 98-meter Offshore patrol vessel (OPV) Varaha, named after the third incarnation of Lord Vishnu, was commissioned by Union Defence Minister Rajnath Singh at Chennai Port on 25 September 2019. Tamil Nadu deputy Chief Minister O Paneerselvam, Fisheries Minister …

Chennai: Port Wings News Network: This week, the Danish Maritime Authority is hosting the 6th annual meeting for international sulphur experts who will combine forces to cooperate on further developing effective enforcement. ​The purpose of the meeting is to exchange knowledge and best practice for surveillance and enforcement. Many of …

Chennai: Port Wings News Network: The World Maritime University (WMU) has released the Conference Report for the WMU Third International Women’s Conference on Empowering Women in the Maritime Community that was held in April this year. The conference brought maritime and ocean stakeholders together at WMU to discuss the common …

Tuticorin: Port Wings News Network: Leveraging the substantial energy savings that can be obtained through rationalisation of operations, adoption of new technologies and use of renewable energy sources, V.O. Chidambaranar Port Trust, Tuticorin, has proposed to install grid connected 25 MW onshore and offshore wind farms at an estimated cost …

Chennai: Port Wings News Network: A.P. Moeller – Maersk will extend its end-to-end container logistics services with JDA Software Inc.’s Warehouse Management solutions, further building its warehousing and distribution services. According to a media statement from the company on 24 September 2019, the move is part of Maersk’s ongoing focus …

Chennai: Port Wings News Network: All cities in the country have seen development, all because of the major and non-major ports in the vicinity, and most of the industries depended on road and rail connectivity and the interlinking of logistics of all kinds for easy maritime trade, Mr Sunil Paliwal, …

Chennai: Port Wings News Network: Veracity is DNV GL’s open industrial data platform that enables the secure exchange of data-sets, APIs, applications and insights between industries. By bringing Veracity to Singapore, DNV GL aims to spur on the digitalization of the maritime industry by helping this sector to better leverage the …

Chennai: Port Wings News Network: Leather Sector is an Export-driven sector and has the potential to create two million jobs in the next five years, Dr. Mahendra Nath Pandey, Minister for Skill Development and Entrepreneurship (MSDE), Govt. of India, has said. Speaking at a ceremony on 22 September 2019 in …

Chennai: Port Wings News Network: Officers from different major ports under the banner of Indian Major Ports & Dock Officers Association on 17 September 2019 met the Union Minister of Shipping (I/C) Mansukh Mandaviya in New Delhi and demanded revision of wages, according to a report in The Times of India. …

Chennai: Port Wings News Network: Confederation of Indian Industry (CII) is organizing the 3rd Edition of CII Port Conclave 2019 with focusing on the theme “Port Led Industrialization” on 23 & 24 September 2019 at Hotel Le Royal Meridien, Chennai. The conclave would focus on key areas like Port Led …

New Delhi: Port Wings News Network: Tuticorin Container Freight Station Association on 18 September 2019 received the International Trade Facilitation Innovation Award for successful implementation of CoDEx at VOC Port in the 9th Asia Pacific Trade Facilitation Forum 2019 held at New Delhi. Shri David Raja, President, Tuticorin CFS Association …