Paradip: Port Wings News Network: With the theme, “New Technologies for Greener Shipping” Paradip Port observed the 45th World Maritime Day, on 28 September 2022. It reflects the need to support a green transition of the Maritime Sector into a sustainable future, while leaving no one behind. Unlike National Maritime …

Click here to read Port Wings Maritime Exim Weekly Newspaper 28 Sept 2022 Visits: 406

Chennai, 28 Sept 2022: Tamil Nadu Chief Minister M K Stalin has fired a fresh salvo against the Union government’s new draft Indian Ports Bill, which he felt would stifle the State-specific initiatives and choke their growth, and firmly told Prime Minister Narendra Modi to drop moves to “impose a …

Chennai: Port Wings News Network: Automation specialist Høglund Marine Solutions has signed six more contracts with Jiangnan Shipyard (Group) Co Ltd and Babcock LGE to supply Integrated Automation (IAS), Cargo and Fuel Gas Control Systems (CCS and FGCS) for six very large ethane carrier (VLEC) newbuilds. Three vessels will be …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) highlighted four priorities to build resilience and strengthen air cargo’s post-pandemic prospects.  The priorities, outlined at the 15th World Cargo Symposium (WCS), which opened in London on 27 September are: Achieving net zero carbon emissions by 2050 Continuing to …

Chennai: Port Wings News Network: AD Ports Group’s SAFEEN Feeders has signed a major agreement with Invictus Investment to launch a new international dry bulk shipping service. Under the terms of the agreement, the two companies will purchase ships through Special Purpose Vehicles, owned 85% by SAFEEN Feeders and 15% …

Chennai: Port Wings News Network: Tiruppur Exporters’ Association (TEA) has appealed to Smt. Nirmala Sitharaman, Union Minister of Finance to announce Emergency Credit Line Guarantee Scheme (ECLGS) specifically to Garment Sector MSMEs, 20% of existing credit to bailout the Tirupur knitwear garment exporting units from the ongoing liquidity crisis happened …

Chennai: Port Wings News Network: AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port, marking the major development milestone with a special ceremony. Announced in September 2021, the development of the new terminal is on track with budgeted capital …

New Delhi: Port Wings News Network: In presence of Union Minister for Road Transport and Highways Shri Nitin Gadkari and Union minister for Ports, Shipping and Waterways and Ayush Shri Sarbananda Sonowal a  MoU was signed  between National Highways Logistics Management Limited & JNPA for the  development of  Multi Modal …

Mumbai: Port Wings News Network: Gateway Distriparks Limited (GDL) announces that the company has completed the purchase of land at Dhanakya, near Jaipur, and will now commence construction of a new rail-linked Inland Container Depot (ICD). This will be the company’s 5th ICD besides five Container Freight Stations taking the …

Click here to read  Port Wings Maritime Exim Weekly Newspaper 21 Sept 2022 e-Paper Visits: 601

Chennai: Port Wings News Network: DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and concessionaire in Djibouti’s Doraleh Container Terminal. The Court of Appeal of Hong Kong has dismissed the latest request by China Merchants Port Holdings seeking permission …

Chennai, 21 Sept 2022: Since the beginning of the year, a rapid deterioration of growth prospects coupled with rising inflation and tightening financing conditions has ignited a debate about the possibility of a global recession—a contraction in global per capita GDP. Drawing on insights gained from previous global recessions, this …

New Delhi: Port Wings News Network: Union Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized on reduction of logistics cost from 14 – 16% to 10% with cooperation, coordination and communication among stakeholders. Addressing program ‘Climate Goals: Technological Roadmap to Net Zero’ he said by reducing logistics …

Chennai: Port Wings News Network: The International Union of Marine Insurance (IUMI) reports an increase in the 2021 cargo insurance premium base (from 2020) of 8% to USD 18.9 billion alongside an improvement in overall loss ratios. Speaking at this year’s Chicago conference, Isabelle Therrien, Chairperson of the IUMI Cargo …