DP World Becomes a Full Logistics Operator in Peru

Chennai: Port Wings News Network: DP World’s business in Peru, which began with container handling at the Port of Callao, has expanded into a fully integrated maritime and logistics operation, catering to the needs of customers across the entire supply chain. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of …

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Tamil Nadu Hosts Second India-China Informal Summit

Chennai: Port Wings News Network: Prime Minister Narendra Modi and President of China Mr Xi Jinping held their Second Informal Summit in Chennai, Tamil Nadu, on 11-12 October 2019. The two Leaders had an in-depth exchange of views in a friendly atmosphere on overarching, long-term and strategic issues of global …

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MISC Secures 15-Year Charter Deals With Exxonmobil For Two New LNG Carriers

Chennai: Port Wings News Network: MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers. Each of the LNG carriers will respectively serve the transportation needs of ExxonMobil’s …

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World Trade Report Sees Increasing Role for Services Trade

Chennai: Port Wings News Network: The 2019 edition of the WTO’s World Trade Report highlights that services have become the most dynamic component of international trade and that its role will continue to expand in the coming decades. It stresses the need to enhance cooperation in the international community to …

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Hapag-Lloyd Presents New Region South Europe Set-up

Chennai: Port Wings News Network: Hapag-Lloyd on 10 October 2019 officially opened its headquarter for the new region South Europe. CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards. During the opening event, Habben Jansen explained …

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US-China Trade War Weighs Heavily on Air Cargo: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 9 October 2019 released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.9% in August 2019, compared to the same period in 2018. This marks the tenth consecutive month …

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AirBridgeCargo Airlines Gets IATA CEIV Pharma Re-certification

Chennai: Port Wings News Network: AirBridgeCargo Airlines has successfully gained its IATA CEIV Pharma re-certification following two-day audit procedures for compliance with IATA’s Center of Excellence for Validators in Pharmaceutical Logistics (CEIV Pharma) certification program. The audit, which was carried out IATA’s representing company, was held at Moscow Sheremetyevo International …

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DP World Unveils Design for Expo 2020 Dubai Pavilion

Chennai: Port Wings News Network DP World, the official Premier Global Trade Partner of Expo 2020 Dubai, has revealed the design of its pavilion, which will be one of the largest at the Expo site. The pavilion will be centered around the concept of ‘Making Trade Flow’, and demonstrate how …

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