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Air Cargo Closes 2022 Near Pre-Pandemic Levels: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that 2022 full-year demand for air cargo took a significant step back from 2021 levels but was close to 2019 performance. Global full-year demand in 2022, measured in cargo tonne-kilometers (CTKs*), …

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TEA Welcomes Growth Oriented And People Centric Union Budget

Chennai: Port Wings News Network: Shri. K.M. Subramanian, President, TEA, welcomed the growth oriented and people centric budget and specifically mentioned that the seven priorities “Saptarishi” would together trigger for the economic growth of our country. He said the priority given for infrastructure development will go a long way for …

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Editorial: Global Economic Uncertainty

Chennai, 1 Feb 2023: The shocks that have shaken the global economy in recent years have introduced a new normal for turbulence, driven in some cases by political fragmentation between countries. These episodes have also lifted uncertainty to exceptionally high levels, which in turn hurts economic growth. In contrast to …

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Pre-Budget Expectation From Logistics Sector

New Delhi: Port Wings News Network: Mr. Rajiv Agarwal, Operating Partner (Infrastructure), Essar and Managing Director, Essar Ports “As global supply chains reorient in the wake of global events, India is expected to play a huge role as it charts its way to USD 5 Trillion economy and more.  Infrastructure …

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Global Transhipment Port at Great Nicobar Island Soon

New Delhi: Port wings News Network: Salient features of the Project (BOX ITEM)     * Strategic Location – Located on the International Trade Route, with existing transhipment terminals like Singapore, Klang and Colombo in proximity.     * Draft – Natural depth of 20m     * Catchment – Potential to capture …

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Republic Day Celebrations at Kamarajar Port

Chennai: Port Wings News Network: The 74th Republic Day was celebrated at Kamarajar Port on 26 January 2023. Shri Sunil Paliwal, IAS, Chairman and Managing Director unfurled the National flag at Port Administrative premises. The Chairman and Managing Director while addressing the gathering highlighted the important milestones achieved by the …

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JNPA Celebrates Republic Day With Patriotic Fervour

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, celebrated India’s 74th Republic Day with patriotic fervour. This year’s celebration was even more special as India is observing its 75th year of Independence. The celebrations started with unfurling of the Indian tricolour at the hands …

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Paradip Port Celebrates Republic Day 2023

Paradip: Port Wings News Network: Republic Day was celebrated with pump and gaiety by Paradip Port Authority Shri P.L. Harandh, Chairman, PPA unfurled the National Flag. Addressing on the occasion, he said that Paradip Port achieved yet another 100 Million Metric Tonnes (MMT) of cargo handling sixth year in a …

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