Portwings Your Window to Maritime World

Chennai, 10 Feb 2021: To promote flagging of merchant ships in India, in her Budget Speech, the Union Finance Minister Nirmala Sitharaman proposed to launch a subsidy support scheme of Rs 1,624 crore in global tenders floated by ministries and CPSEs over five years to Indian shipping companies. She emphasised …

Visakhapatnam: Port Wings News Network: Shri K. Rama Mohana Rao, Chairman of Visakhapatnam Port Trust and Dredging Corporation of India Ltd inaugurated the 2020-21 year beach nourishment work by DCI dredger Dredge XX at RK Beach on 10 February. Speaking on this occasion Chairman, VPT & DCIL conveyed the message …

New Delhi: Port Wings News Network: Parliament on 10 February passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now, the Bill will go to the President of India for his assent. …

Mumbai: Port Wings News Network: Indian seafarers of “Anastasia” who were stuck at the Chinese anchorage for more than six months have finally reached Japan for crew change. Below is the reaction sent to media from Abdulgani Y. Serang, General Secretary – cum – Treasurer, National Union of Seafarers of …

Chennai: Port Wings News Network: 2020 has been another year of solid progress for A.P. Moller – Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record Q4 …

Chennai: Port Wings News Network: Hapag-Lloyd is breaking new ground in financing by concluding two debut transactions according to the Green Loan Principles of the Loan Market Association (LMA). This has also been verified by an independent expert in the form of a secondary party opinion of the DNV GL. …

Chennai: Port Wins News Network: The first container train carrying Japanese cargo by Maersk was sent along the Trans-Siberian Railway from the Nakhodka-Vostochnaya station. This train includes forty 40-foot containers (FEU) shipping sportswear and equipment. They were transported by sea from the Port of Yokohama in Japan to Vostochny Port, …

Mumbai: Port Wings News Network: In a major push under green port initiatives and with a vision to achieve sustainability goals, Shri Sanjay Sethi, IAS, Chairman, JNPT inaugurated the Comprehensive Solid Waste Management Project at JNPT Township in the presence of Shri. Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT and …

Chennai: Port Wings News Network: DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported basis and up 6.5% on a like-for-like basis [Like for like gross container volume adjusts …

Chennai: Port Wings News Network: Maersk on 5 February announced that its SHUTTLE service will now commence from Kamarajar Port, Ennore starting 15 March. According to an advisory to customers, Maersk stated: “In 2018, we introduced the Chennai Express (CHX) service at Ennore, a decongested alternative to the existing ports. …

Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, handled 465,084, twenty-foot equivalent units (TEUs) in January, clocking a growth of 9.14% percent over the same month last year, as the domestic economy rebounds with the start of the new year and easing of lockdown. …

New Delhi: Port Wings News Network: Ministry of Ports, Shipping and Waterways has finalized and issued the guidelines for floating structures, with a vision to set up world-class floating infrastructure all along the coastline, in the upcoming projects as per the provisions contained in the guidelines. The guidelines set out …

Chennai: Port Wings News Network: Hamburg Süd, which is recognised for its long-term, strong customer relationships, has successfully established its brand as part of A.P. Moller-Maersk. Since Hamburg Süd was acquired, the company has been gradually integrating and realising significant synergies at the same time as keeping local empowerment and …

Chennai: Port Wings News Network: In order to harness the export potential from the State, Agricultural and Processed Food Products Export Development Authority (APEDA) opened its Regional Office at Chennai in the Premises of Tamil Nadu State Agricultural Marketing Board, CIPET Road, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai – 600032 on …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 3 February released data for global air freight markets showing that demand for air cargo decreased by 10.6% in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance …