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V.O. Chidambaranar Port Surpasses Cargo Handling Target

Tuticorin: Port Wings News Network: On 14 March 2023, V.O. Chidambaranar Port has surpassed the cargo handling target of 36 Million Tonnes, set by the Ministry of Ports, Shipping and Waterways, 17 days ahead in this financial year 2022-23. According to a media statement, the Port has handed 36.03 Million …

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L&T Finance launches Warehouse Receipt Financing

Mumbai: Port Wings News Network: L&T Finance Limited (LTF), a subsidiary of L&T Finance Holdings Limited and one of the leading Non-Banking Financial Companies, has launched Warehouse Receipt Financing (WRF), a first of its kind digitally-assisted journey for loan facilities against agri-commodities. WRF facilitates the use of commodities as collateral …

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Editorial: Niche Indian NVOs

Chennai, 15 March 2023: With cargo volumes between India and Russia building up, niche Indian non-vessel owners [NVOs] have also begun deploying vessels on inducement. Mumbai-based Econship is one such new entrant into this lucrative market. Ruscon, a leading multimodal transport logistics provider in Russia, has significantly expanded its containerised …

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Port-led Development leading to ‘Atmanirbhar Bharat’

New Delhi: Port Wings News Network: “Prime Minister Shri Narendra Modi’s vision of PPP model in ports has been a revolutionary step in making our ports globally competitive. This project will substantially enhance the cargo handling capacity of the Deendayal Port, which will ultimately benefit the trade from Gujarat, Northern …

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52nd Safety Week concludes at Paradip Port

Paradip: Port Wings News Network: “Our Aim – Zero Harm” as the theme, the 52nd National Safety Week is being observed by Paradip Port Authority came to an end on 10 March. Shri P.L. Haranadh, Chairman, PPA lowered the National Safety week Flag, this afternoon at an event held at …

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