Editorial: A Surge in Freight Rates

Chennai, 7 July 2021: At the start of the coronavirus disease of 2019 (COVID-19) pandemic, expectations were that seaborne trade, including containerized trade, would experience a strong downturn. However, changes in consumption and shopping patterns triggered by the pandemic, including a surge in electronic commerce, as well as lockdown measures, …

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SEZ Policy Revamp Need Bold Measures: TPCI

New Delhi: Port Wings News Network: Trade Promotion Council of India organised a webinar on SEZs – the key to boost India’s exports, which featured a SWOT analysis of India’s SEZ policy, the relevance of SEZs in the current context and also the role SEZs could play in making India …

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Jawaharlal Nehru Port Witnesses Upswing in Cargo Handling

Mumbai: Port Wings News Network: With the easing of lockdown restrictions and pickup in the domestic economic activity, Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded a throughput of 441,984 TEUs in June 2021 as compared to 289,292 TEUs in June 2020. A growth of …

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Guest Article: Shipping MRO Services and GST Change

By Naresh Sheth, Partner, NA Shah Associates INDIA has a 7,500 km long coastline. It is located along the Mediterranean trade route that constitutes of approximately 7-9 per cent of the global trade. Out of India’s total trade, approximately 70% by value and 95% by volume is handled by seaborne …

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Celebration of Azadi ka Amrut Mahotsav at Mumbai Port Trust

Mumbai: Port Wings News Network: On the occasion of “Azadi ka Amrut Mahotsav”, the 75th year of Independence, Mumbai Port Trust has launched a slew of programmes to commemorate the occasion both online and off-line, such as Essay, singing, Drawing competition, General Knowledge Questions on Indian Independence etc. The programme …

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New DNV Fuel Ready And Gas Fuelled Ammonia Class Notations Provide Maximum Flexibility To Tackle Shipping’s Carbon Curve

Chennai: Port Wings News Network: DNV, the world’s leading classification society, has released the latest updates to its rules for ship classification, with a raft of new class notations designed to enable the maritime industry to tackle the decarbonization challenge. The new updates include “Fuel Ready”, a class notation that …

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