ICTSI Seals Second Phase Basra Gateway Terminal Expansion

Chennai: Port Wings News Network: Enrique K. Razon Jr, Chairman & President of International Container Terminal Services Inc. (ICTSI) has signed the Expansion Agreement for the second major development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq. CONTINUOUS BERTHING LINE OF 600M According to a …

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Schulte Marine Concept Wins First Cruise Ship Newbuilding Contract

Chennai: Port Wings News Network: Schulte Marine Concept (S.M.C), the project management arm of leading international maritime services company Bernhard Schulte Shipmanagement (BSM), working together with Bernhard Schulte Cruise Services (BS Cruise), has won its first cruise ship contract with Portugal-based Mystic Cruises. According to a media statement, Schulte Marine …

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Redsanders Worth Rs 3.2 Crore Seized in Chennai Port

Chennai: Port Wings News Network: The Directorate of Revenue Intelligence (DRI) has busted a red sanders smuggling racket at Chennai Port. According to multiple reports, a container stuffed with 10 wooden boxes containing 8.1 metric tonnes of the red sanders, worth Rs 3.2 crore, was cleared for export to Malaysia …

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Seafarer Abandonment Continues With Ongoing Owner Impunity

Chennai: Port Wings News Network: Human Rights at Sea calls for renewed and reinvigorated international efforts to deliver faster solutions, effective remedies and repatriation for all stranded and abandoned seafarers in the global shipping industry, and a greater focus on naming and shaming owners who otherwise revel in their impunity …

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Panalpina Group Profitability Continues to Increase in 2017

Chennai: Port Wings News Network: In the first nine months of 2017, international freight forwarding and logistics company Panalpina grew volumes in both Air and Ocean Freight compared to the same period of last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. …

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