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*), …

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 …

New Delhi: Port Wings News Network: Hailing the Union Budget, Dr A Sakthivel, President, FIEO said that the budget has focused on growth potential of the Indian economy by focusing on investment & infrastructure to help the country to remain as a fastest growing economy as projected by the international …

Chennai: Port Wings News Network: This Union Budget announcement is quite encouraging for India’s Logistics and Supply Chain sector and clearly defines the path that the nation’s supply chain is headed on. It focuses on building a robust business strategy revolution would take. The industry had several demands pertaining to …

Mumbai: Port Wings News Network: DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India. The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP). Once complete, …

Click here (or on image below) to read Port Wings Maritime Exim Weekly 1 Feb 2023 Newspaper Visits: 1391

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 …

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 …

New Delhi: Port Wings News Network: Commenting on the Economic Survey 2022-23, Dr A Sakthivel, President, FIEO said that the survey has rightly highlighted India’s growing and diversifying merchandise trade, as the goods exports increased to USD 332.8 billion during April-December 2022-23 as against USD 305 billion during the same …

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 …

Chennai: Port Wings News Network: Strategic Marine is forging into the burgeoning green maritime space with an order for four hybrid StratCat 27 (SC27) Crew Transfer Vessels (CTVs) for a new customer, Purus Wind’s HST Marine. The inaugural order for parallel hybrid SC27s will see the four vessels being delivered …

New Delhi: Port Wings News Network: Union Minister for Ports, Shipping and Waterways and Ayush Shri Sarbananda Sonowal inaugurated the National Logistics Portal (marine) in New Delhi on 27 January 2023. The National Logistic Portal (marine) (NLP) is a project of national importance, as envisaged by the Ministry of Ports …

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 …

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 …

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 …