Portwings Your Window to Maritime World

Port Wings, 3 June 2020: With the global reliance on Chinese manufacturing bases exposed in light of the global pandemic, many countries are now looking at alternate manufacturing sites to increase their supply chains. Given India’s minimal labour costs, slowly reducing corporate taxes and relaxed bureaucratic red tape, India can …

Chennai: Port Wings News Network: Tamil Nadu-based KSR Freight Forwarders, a leading logistics solutions provider, recently operated their first exclusive “Charter Freighter” on DAC-CCU-DAC route. The whole operation was executed by the KSR/LIGI CCU office. According to a media statement, entire flight –operated by US Bangla Airline (BS 234) — …

Chennai: Port Wings News Network: May 27, 2020 will be remembered in the history books as the day the very first container ship arrived at Sweden’s newest freight port, Stockholm Norvik Port. The Stockholm region accounts for half of Sweden’s entire consumption, and now the opportunities to transport goods by …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 2 June 2020 urged governments to quickly implement the International Civil Aviation Organization’s (ICAO’s) global guidelines for restoring air connectivity. On 2 June, the ICAO Council approved Takeoff: Guidance for Air Travel through the COVID-19 Public Health Crisis …

Chennai: Port Wings News Network: Ocean Network Express on 1 June announced the extension of suspension of the China Australia service (CAE) which is jointly operated with Maersk and MSC. According to a media statement from ONE, this suspension is expected to last at least until end of September 2020. …

Chennai: Port Wings News Network: The Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports and the Middle East’s largest industrial zone, broke ground for a new dedicated Truck Plaza, comprising refuelling and rest facilities with the Industrial Zone. The project was introduced to His Highness Sheikh …

Chennai: Port Wings News Network: Manufacturers and logistics service providers must be prepared to protect their supply chains from a projected significant spike in cargo thefts as coronavirus lockdowns begin to be lifted across the Europe, Middle East and Africa (EMEA) region, the Transported Asset Protection Association (TAPA) has warned. …

Chennai: Port Wings News Network: The DG Systems of Customs, Government of India, recently unveiled a slew of further initiatives that the department going to implement soon to facilitate trade through digitization and Public Private Partnership (PPP), in view of the challenges due to ongoing COVID-19 pandemic and lockdown/curfew. In …

Paradip: Port Wings News Network: State-of-the-art Portable X-Ray Machine and Biochemistry Auto Analyser were dedicated to service of the patients during a ribbon cutting ceremony held at Paradip Port Trust Hospital on 1 June 2020. Gracing the occasion as chief guest, Shri Rinkesh Roy, Chairman, PPT inaugurated both the machines …

Chennai: Port Wings News Network: The executive committees of  Federation of Freight Forwarders’ Association In India (FFFAI) and Container Shipping Lines Association (CSLA) in India recently had a meeting on video conference to discuss on trade facilitation measures to be implemented to adopt best practices in achieving the result for …

Chennai: Port Wings News Network: Shri Raja M Shanmugam, president, TEA, on 1 June thanked the Prime Minister Narendra Modi, Shri. Nitin Gadkari, Union Minister of Micro, Small and Medium Enterprises (MSME) for considering the representations including from TEA for upward revision of MSME definition today and while welcoming the …

New Delhi: Port Wings News Network: Commenting on the announcement made by Shri Nitin Gadkari, Union Minister for MSME, Sharad Kumar Saraf, President, FIEO, said that enhancement of the turnover limit for Medium units from Rs 100 Cr to Rs 250 Cr is most pragmatic and will also infuse technology …

Chennai: Port Wings News Network: The Asian Shipowners’ Association (ASA) held its 29th Annual General Meeting on 28 May 2020.  This was hosted by Mr David Parmeter, the 29th ASA Chairman and Chairman of the Maritime Industry of Australia Limited (MIAL). It was also attended by representatives from all ASA …

Chennai: Port Wings News Network: DP World, a leading enabler of global trade, has completed the early stages of integration with TradeLens a blockchain-based digital container logistics platform, jointly developed by A.P. Moller – Maersk and IBM. The collaboration between DP World and the TradeLens platform will help accelerate the …