Click HERE (or on image below) to read Port Wings Maritime Exim Weekly Newspaper 7 June 2023 e-Paper Visits: 140

Chennai, 7 June 2023: Contracted long-term ocean freight rates collapse during May marking the ninth consecutive month of declines. The expiration of the 12-month contracts, which traditionally start over each May, contributed in large part to a dramatic decline of 27.5 percent and a further demonstration that the era of …

New Delhi: Port Wings News Network: Gateway Distriparks Limited, India’s leading integrated intermodal logistics service provider, has successfully operated a container train on the Western Dedicated Freight Corridor (DFC) from its Inland Container Depot (ICD) in Faridabad, Haryana to Mundra Port in Gujarat. This achievement marked an important step towards …

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, celebrated the World Environment Day, a global event dedicated to raising awareness and taking action for the protection of our planet’s ecosystem. JNPA is committed to sustainable practices and recognizes the vital importance of preserving and …

Chennai: Port Wings News Network: Shri Sarbananda Sonowal, Hon’ble Union Minister of Ports, Shipping and Waterways and AYUSH on 5 June visited Chennai to participate in Trade Felicitation Program jointly organized by Chennai and Kamarajar Ports. Union Minister was received and welcomed at Hotel ITC Grand Chola, Chennai by Shri …

Chennai: Port Wings News Network: The first domestic cruise vessel call of this season started on 3 June 2023, and on 5 June, Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal flagged off MV EMPRESS, a cruise passenger vessel this introducing the first regular international cruise …

New Delhi: Port Wings News Network: The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal attended a crucial meeting along with Minister of State for Ports, Shipping and Waterways, Shri Shantanu Thakur of stakeholders of maritime development in the Bay of Bengal area in Kolkata on …

Mumbai: Port Wings News Network: Kale Logistics Solutions announced that it has signed a Memorandum of Understanding with NorthLink Aviation to build the next generation of digital cargo infrastructure at NorthLink’s express freight and e-commerce terminal at Ted Stevens Anchorage International Airport (ANC), Canada. NorthLink and Kale have jointly developed …

Chennai: Port Wings News Network: AD Ports Group, the leading facilitator of global trade, logistics, and industry, has signed a 25 years agreement with Singapore based Crystal Offshore, a recognised one-stop Logistics Solution provider to the Marine & Offshore Industry. Under the agreement’s terms, a 20,000 square meter plot of …

Mumbai: Port Wings News Network: Consulate office of Romania in Mumbai will enhance commercial cooperation between Romania and the western region of India, including Goa, Madhya Pradesh, Maharashtra and Gujarat, Daniela Sezonov Tane, Ambassador of Romania to India, has said. She was participating in an interactive meeting on ‘Doing Business …

Chennai: Port Wings News Network: PSA BDP, a leading provider of globally integrated and port-centric supply chain, transportation, and logistics solutions, celebrated the inauguration of its new Electric Vehicle (EV) battery logistics warehouse in Dunkirk, France, on 1 June. The inauguration of the newly built 22,000 square meter warehouse featured …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometers (CTKs), fell 6.6% compared to April 2022 (-7.0% for international operations). This …

Chennai: Port Wings News Network: Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.’s Australian operation and the first fully automated container terminal in Australia, received the inaugural call of COSCO Shipping Lines’ recently launched ANE service. The ANE service offers a direct connection between Australia’s southeastern coast and …

Click HERE (Or on image below) to read Port Wings Maritime Exim Weekly 31 May 2023 e-Paper Visits: 1380

Chennai, 31 May 2023: Geospatial intelligence firm Geollect has identified a spoofed AIS pattern tracing out the “Z” symbol of the Russian invasion of Ukraine at a position off the coast of Crimea. It is the latest in a long string of spoofing incidents in the region, and the pattern …