Panalpina Enlarges its Executive Board

Chennai: Port Wings News Network: Panalpina on 5 September announced that it is enlarging the company’s Executive Board, to include its three core products: Air Freight, Ocean Freight, and Logistics. “Our company has ambitious growth targets for the coming years and a clearly defined plan for reaching them. Our three …

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Editorial: Demonetisation Demonizes the Government?

Port Wings, 05 Sept 2018: With the election year is approaching, RBI’s report on demonetisation released last week, literally opened Pandora’s Box for the ruling Bharatiya Janata Party. When the Prime Minister Narendra Modi announced the drive on one fine evening in November 2016, the world suddenly become upside down …

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DNV GL Releases Autonomous and Remotely Operated Ship Guideline

New Delhi: Port Wings News Network: As digitalization continues to reshape the maritime industry, the first commercial autonomous vessels are due to launch in the next several years. To help build a safety culture around these new technologies, DNV GL has released a new class guideline covering autonomous and remotely …

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Mormugao Port Inaugurates Mini Marine Museum

Mormugao: Port Wings News Network: Shri I. Jeyakumar, IRTS, Chairman of the Mormugao Port Trust inaugurated a Mini Marine Museum on the first floor of their Main Administrative Building on 1 September 2018,  in the presence of Shri G.P. Rai, Dy. Chairman, Heads of Departments, Officers and staff. The Mini …

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IATA Releases Comprehensive Report on Indian Aviation

New Delhi: Port Wings News Network: The International Air Transport Association (IATA) on 4 September 2018 released a comprehensive report on India’s aviation market. The report focuses on the challenges of realizing the economic and social benefits of an Indian aviation industry that has tremendous potential for continued high-speed demand …

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DSV Acquires S&H To Further Boost e-commerce Business

Chennai: Port Wings News Network: DSV, provider of supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation, has acquired S&H, which offers a comprehensive range of end-to-end fulfilment services –warehousing; response handling; financial fulfillment, e-fulfilment and supply chain …

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WFS Invests in New Cargo Terminal at Milan-Malpensa Airport

Chennai: Port Wings News Network: Worldwide Flight Services (WFS) has increased its ability to support growing cargo volumes at Milan-Malpensa Airport by investing in a new cargo terminal capable of handling over 47,000 tonnes a year. Malpensa is WFS’ first cargo handling facility in Italy, where the company previously only …

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First Ship Arrives at Penna Cement Terminal in Cochin Port

Cochin: Port Wings News Network: ‘Penna Suraksha’ – the first vessel carrying 25,000 tonnes of cement has arrived at Q6 Berth of Ernakulam Wharf of Cochin Port on 3 Sept 2018. The cement brought from Krishnapatnam Port is being transferred from the ship to the silos located at the Penna …

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Kerry Logistics Achieves Double-Digit Growth

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 30 August 2018 announced the Group’s interim results for the six months ended 30 June 2018. The Group’s Financial Highlights Turnover increased by 27% to HK$17,461 million (2017 1H: HK$13,705 million) Core operating profit increased by 19% to HK$1,216 million …

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Mahindra Logistics Acquires Technology Startup ShipX

Mumbai: Port Wings News Network: Mahindra Logistics (MLL), one of India’s largest Third-party logistics (3PL) solution providers, on 30 August 2018 announced the acquisition of a strategic stake in Transtech Logistics, also known as ShipX. ShipX is a SAAS (Software as a Service) based Transport Management Solution (TMS) platform that …

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Port of Long Beach Emissions Fall Even as Cargo Rises

Chennai: Port Wings News Network: Diesel particulate matter emissions are down 88 percent at the Port of Long Beach, even while cargo records have jumped to record levels. The Port of Long Beach is continuing to outperform 2023 clean air goals for diesel particles and sulfur oxides, even while cargo …

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