New Wage Agreement Signed for Port and Dock Workers

Mumbai: Port Wings News Network: A new wage settlement agreement has been signed for Group C & D category of Port and Dock Workers in Mumbai in the presence of Shri Nitin Gadkari, Union Minister for Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation. The …

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Sri City SEZ Receives Assocham GEM Sustainability Certification Award

Chennai: Port Wings News Network: In recognition of its achievement of ‘GEM 5 level’ sustainability standards, which is the highest achievable rating level, Sri City SEZ was awarded the prestigious ‘GEM Sustainability Certification’, hosted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). In a colourful ceremony organised …

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Moderate Freight Growth Continues in July, Up 2.1% : IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May …

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Editorial: Simultaneous Elections: Not Even an Idea for Debate

Port Wings, 29 August 2018: Though the Chief Election Commissioner and Election Commission of India categorically rejected the idea of holding simultaneous elections in the country citing procedural issues, the debate is still on and refuses to die down anytime sooner. For the last few months, the ruling party and …

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MoU Signed for Indore- Manmad New Railway Line Project

Mumbai: Port Wings News Network: An MoU for implementation of the 362 km Indore- Manmad New Railway Line Project was signed on 28 August 2018 between Jawaharlal Nehru Port Trust (JNPT)- Ministry of Shipping, Ministry of Railways, Govt of Maharashtra and Govt of Madhya Pradesh. Containers and other rail traffic …

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Dredging Corporation of India Announces 20% Dividend

Chennai: Port Wings News Network: The Dredging Corporation of India Limited (DCIL) has declared a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026  (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari,  Minister of Shipping, Road Transport …

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Inland Waterways for Fly Ash Transportation at NTPC Kahalgaon

New Delhi: Port Wings News Network: To increase the Fly Ash utilization, NTPC along with team of Inland Waterways Authority of India (IWAI), Ministry of Shipping, Government of India explored the possibility for transporting fly ash through Inland Waterways from NTPC- Kahalgaon. Sustainable Fly Ash utilisation is one of the …

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Repco Home Finance Starts Unit in Sri City SEZ

Chennai: Port Wings News Network: The Chennai based Repco Home Finance Ltd., (RHFL) inaugurated its Satellite Centre in Sri City on 24 August 2018. In a ceremony held at the Trade Centre, Mr. T.S. Krishna Murthy, Chairman, RHFL and former Chief Election Commissioner inaugurated it in the presence of Mr. …

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IUMI launches New Online Cargo Insurance Tutorial Programme

Chennai: Port Wings News Network: The International Union of Marine Insurance (IUMI) that represents 40 national and marine market insurance and reinsurance associations is advancing its education agenda and launching a new online cargo tutorial programme. According to a media statement, this new programme is specifically designed for intermediate level …

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CCLA Launches Training & Employability Programme

Chennai: Port Wings News Network: As part of its initiative to enhance skills in maritime sector, the Chennai Cargo Logistics Association (CCLA) organized its Training & Employability programme on 18 August. During the inaugural programme, the first batch completed its training and Logi Pathways distributed the Certificate of Participation to …

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