COSCO SHIPPING Lines Announces 2018 Network of OCEAN Alliance

Chennai: Port Wings News Network: COSCO SHIPPING Lines has officially announced the “Day Two Product,” including confirmed port rotation for each service loop, on 19 December 2017. Reviewing the DAY ONE Product in 2017, OCEAN Alliance deploys 331 vessels and the total capacity up to 3.35 million TEU. 41 services …

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Maersk Trade Finance Crosses 100th Customer Milestone in India

    Chennai: Port Wings News Network: Maersk Trade Finance, part of Denmark-based A.P. Moller – Maersk and operating out of Denmark, is changing the way its customers in India and around the world fund their shipments to international markets. ON-BOARDED 100 CUSTOMERS ACROSS DIVERSE SECTORS Started in 2016, Maersk …

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CIMC Attend Belt and Road Cooperation Forum in Italy

    Chennai: Port Wings News Network: On November 23 and 24, China and Italy held a Cooperation Forum in Venice, Italy, for China’s Belt and Road initiative to align with the development strategies of Europe. Venice is a famous port city, and an important site of the Belt and …

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PM Narendra Modi Dedicates INS Kalvari to the Nation

Mumbai: Port Wings News Network: The Prime Minister, Mr Narendra Modi, on 14 December dedicated the naval submarine INS Kalvari to the nation, at a function in Mumbai. Congratulating the people of India on this occasion, the Prime Minister described INS Kalvari as a prime example of “Make in India.” …

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Exports Back in Positive Territory With a Bang: FIEO

    New Delhi: Port Wings News Network: Responding to the Trade Data for the month of November, 2017, showing a sharp increase of 31%, Mr Ganesh Kumar Gupta, President, FIEO said that the global demand has surprised with its strength. The positive growth in exports in November, 2017 have …

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Port of Felixstowe Handles 1 Million TEU by Rail

    Chennai: Port Wings News Network: Hutchison Ports Port of Felixstowe has become the first port in the UK to handle over 1 million TEU by rail in a single year. The one millionth unit was loaded today (13 December 2017) onto the 13:34 Freightliner service to Birmingham. Commenting …

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