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Air Cargo Demand Up 9.4% in October: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that the capacity constraints have eased slightly. As comparisons between 2021 and 2020 monthly results are distorted by the …

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Editorial: Catastrophic Effects

Chennai, 1 Dec 2021: The COVID-19 pandemic has not only had devastating effects on physical health and mortality but has touched every aspect of people’s well-being, with far-reaching consequences for how we live and work, according to a new study by the OECD. COVID-19 and well-being: life in the pandemic …

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Union Finance Minister Nirmala Sitharaman Visits JNPT

Mumbai: Port Wings News Network: Smt Nirmala Sitharaman, Honourable Union Minister of Finance and Corporate Affairs on 25 November visited Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling ports, to get a comprehensive understanding about Port operations and the array of Customs facilities offered by the Port …

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DNV To Acquire Industrial Cyber Security Specialist Applied Risk

Chennai: Port Wings News Network: DNV, the independent assurance and risk management specialist, will acquire industrial cyber security specialist Applied Risk. The two companies will join forces with the aim to build the world’s largest industrial cyber security practice, defending critical infrastructure in maritime and other industrial sectors against emergent …

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Editorial: Spike in Freight Rates

Chennai, 24 Nov 2021: The recovery of the global economy is threatened by high freight rates, which are likely to continue in the coming months, according to UNCTAD’s Review of Maritime Transport 2021. UNCTAD’s analysis shows that the current surge in container freight rates, if sustained, could increase global import …

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Shantanu Thakur Inaugurates Projects at Haldia Dock Complex

Kolkata: Port Wings News Network: Union Minister of State for Ports, Shipping and Waterways Shri Shantanu Thakur inaugurated/launched a number of projects at the Haldia Dock Complex of Syama Prasad Mookerjee Port, Kolkata, recently. These include: a) Improved Storm Water disposal & Widening of Roads, b) inclusion of 41000 sq.m …

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Port Day was observed at Paradip Port

Paradip: Port Wings News Network: The Port Day was observed on the auspicious day of Kartik Purnima by the Paradip Port Trust Authorities on 19 November 2021 as being done every year, but in a restrained manner following social distancing and guidelines of the Govt. On this occasion, Shri P.L. …

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