Portwings Your Window to Maritime World

Chennai: Port Wings News Network: In order to harness the export potential from the State, Agricultural and Processed Food Products Export Development Authority (APEDA) opened its Regional Office at Chennai in the Premises of Tamil Nadu State Agricultural Marketing Board, CIPET Road, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai – 600032 on …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 3 February released data for global air freight markets showing that demand for air cargo decreased by 10.6% in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance …

Chennai, 03 Feb 2021: As the Biden administration settles into place, infrastructure will be high on the list of priorities. When he was Vice President, under Barack Obama, Biden had addressed the 2014 American Association of Port Authorities (AAPA) annual convention; in his keynote speech, he stressed the importance of …

Chennai: Port Wings News Network: Patel Infrastructure Ltd, an established construction, development and maintenance service company created history for a First-time World Record by entering the Golden Book of World Records and India Book of Records. The Company adds another milestone to its impeccable work portfolio in the four record …

Mumbai: Port Wings News Network: Gateway Rail Freight Ltd., a subsidiary of Gateway Distriparks Limited, has undertaken operations of two double stacked trains in a python configuration on the Western DFC. These trains are dedicated services for CMA-CGM shipping line, the world’s fourth-largest container shipping company. From the two double …

New Delhi: Port Wings News Network: Commenting on the exports growth of 5.37% for the month of January Founder Chairman TPCI, Mohit Singla said, “India’s merchandise exports growth for the month of January 2021, shows that India’s trade has been on the path of quick recovery. Exports have grown from …

New Delhi: Port Wings News Network: Responding to January 2021 export figures, FIEO President, Mr Sharad Kumar Saraf said that the monthly exports further moved northward towards positive territory with almost all major export category products showing impressive growth with signs of further revival. Positive growth of about 5.5 percent …

Chennai: Port Wings News Network: Global logistics in 2020 was marked indelibly by the Covid-19 pandemic, resulting in considerable fluctuations in demand for industrial products and transport. At the Port of Gothenburg, container volumes for the year showed no sign of being affected by Covid-19. On the contrary, volumes have …

Mumbai: Port Wings News Network: Mr. Vijay  Kalantri, President, All India Association of Industries (AIAI)   lauded the government’s move to raise additional resource for infrastructure by announcing National Monetization Pipeline and Development Finance Institution. At the same time, the government should set up credit enhancement fund to improve credit rating …

Mr. Prem Kishan Dass Gupta, Chairman & Managing Director, Gateway Distriparks Ltd. “The Union Budget 2021-22 placed key focus on healthcare, infrastructure, digital economy and job creation for the youth.  The announcement of massive investment of Rs. 2000 crore on seven port projects under PPP mode will boost the logistics …

New Delhi: Port Wings News Network: Hailing the Union Budget 2021-22, Mr Sharad Kumar Saraf, President, FIEO said that the budget has rightly put its focus on infrastructure to revive the economy, address the job loss and support the industries providing inputs for infrastructure. A world class infrastructure will go …

Chennai: Port Wings News Network: Shri.  Raja. M. Shanmugham, President, Tirupur Exporter’s Association (TEA), said that he welcomed the Union Budget 2021-22 and noted that it is a pragmatic Budget presented to address all sectors issues at a time when our economy is getting revived back to normalcy. Shri. Raja. …

New Delhi: Port Wings News Network: The Prime Minister, Shri Narendra Modi has said that the Budget this year has feel of reality and confidence of development and showcases India’s self-belief. He also said that it will infuse a new confidence in the world in these difficult times. In his …

Chennai: Port Wings News Network: Tirupur Exporters” Association (TEA) on 30 January requested Union Textile Minister Smriti Irani to facilitate the immediate announcement of remission of duties and taxes on exported products (RoDTEP), among others. Raja M Shanmugham, President, TEA, said the Minister should also intervene in the issue related …