Panalpina Pushing for Accelerated Growth After a Successful 2018

Chennai: Port Wings News Network: International freight forwarding and logistics company Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million …

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LNG Does Offer Pathway To IMO 2050

Chennai: Port Wings News Network: SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, believes LNG is a viable pathway to meet the International Maritime OrganiZation (IMO)’s 2050 greenhouse gas (GHG) targets. The maritime industry really has two broad …

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AirBridgeCargo Airlines Adds Dhaka to its International Network

Chennai: Port Wings News Network: AirBridgeCargo Airlines is ramping up its footprint in Asia with the introduction of Dhaka to its international network. The company will offer customers twice-weekly frequencies to the capital of Bangladesh to accommodate the country’s emerging export flows, which have seen westbound volumes grow robustly in …

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eBay Join Hands With FIEO For Promoting Retail Exports

New Delhi: Port Wings News Network: The Federation of Indian Export Organisations (FIEO) and eBay formally announced a partnership to promote retail exports via eCommerce from India on 27 February 2019. According to a media statement, this strategic tie-up will stimulate the growth of Indian retail exporters by helping them …

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DP World Mundra Registers Highest Berth Productivity

Mundra: Port Wings News Network: Global trade enabler DP World operated Mundra International Container Terminal (MICT), has achieved a new milestone by registering the highest berth productivity of 179.38, which is approx. 1.29 times higher than the average. In 2019, MICT has successfully maintained the berth productivity of over 170while …

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IATA Releases 2018 Airline Safety Performance

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for the 2018 safety performance of the commercial airline industry showing continuing safety improvements over the long term, but an increase in accidents compared to 2017. The all accident rate (i) (measured in accidents per 1 million …

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Chennai Port Sets Record In Crude Discharge

Chennai: Port Wings News Network: Chennai Port has set another landmark achievement by handling 88,000 Tonnes of Crude Oil  on 18.02.2019, from the  vessel m.v. NORDIC MOON carrying 1,46,025 Tonnes through the  42” diameter pipeline from Bharathi Dock (BD-III) to CPCL refinery in Manali. The above achievement surpasses the previous …

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Chennai Port Trust Launches Pensioners Grievance Portal

Chennai: Port Wings News Network: Chennai Port is the third oldest port amongst the 12 Major Ports of India having 15310 Pensioners and Family Pensioners under the rolls.  The expenditure incurred by Chennai Port for Pensioners and Family Pensioners is around INR 27 Cr per month which adds to INR …

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DP World Cochin Clears Backlog in Record Time

Cochin: Port Wings News Network: Global trade enabler DP World operated India Gateway Terminal Pvt. Ltd. (IGTPL), after a record-breaking performance in January 2019, has achieved another milestone by completing approximately 2400 gate transactions per day. This is an 88% increase from regular gate moves; the average gate transactions for …

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