Portwings Your Window to Maritime World

New Delhi: Port Wings News Network: Reacting to the monthly trade data for September, 2021, which has continued on the path of higher growth trajectory, FIEO President, Dr A Sakthivel said that the monthly exports figure of USD 33.44 with an impressive double-digit growth of more than 21 percent along …

New Delhi: Port Wings News Network: Welcoming the decision of capital infusion of Rs 4400 Cr in ECGC over a period of 5 years, Dr A Sakthivel, President, FIEO said that it is the most timely move as the growing uncertainties and liquidity in global trade are making exporters jittery …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, …

Chennai, 29 Sept 2021: The Getting to Zero Coalition has released a new manifesto in advance of the COP26 conference, the global climate gathering that will be held in Glasgow this November. Its call to action is signed by some of the biggest names in shipping, and it lays out …

Chennai: Port Wings News Network: The owners and managers of STROVOLOS (IMO: 9178056), a Bahamas-flagged oil tanker, strongly protest against the arrest of the vessel’s crew. This occurred when the Indonesian Marine Police boarded the vessel at 01:28 (local time) on Friday, 25 September., over a protracted dispute concerning the …

Chennai: Port Wings News Network: Classification society DNV has introduced the new ABATE class notation, designed to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions. Altera Infrastructure is the first FPSO owner to pilot the DNV notation on …

Chennai, 22 Sept 2021: Further delays in Brexit border controls are proving a “pain in the neck” for customs brokers contending with “an unnavigable” path towards a new EU-UK relationship. Following news that the UK government will further delay implementation of export health certificates, phytosanitary certificates and safety and security …

Chennai: Port Wings News Network: Online disbursements accounting platform provider, Harbor Lab, has introduced a new online tool that instantly generates estimated port costs for shipping companies. The Port Cost Estimator provides operators with estimated port expenses to support timely voyage cost calculations and decision making, to fix the best …

Chennai: Port Wings News Network: Crowley Maritime Corporation on 20 September announced the appointment of Massimo Messina as vice president, mergers and acquisitions (M&A). Based in Jacksonville, Fla., Messina will lead Crowley’s corporate expansion goals by identifying and assessing potential M&A candidates and execute transactions that align with the global …

New Delhi: Port Wings News Network: “Government is going to Institutionalise a 24 hours “Helpline” for assistance to exporters and resolution of issues “said Shri Piyush Goyal today at the launch of nation wide celebrations of iconic week for Amrit Mahotsav for Commerce & Industry Ministry . Shri Piyush Goyal …

  Mumbai: Port Wings News Network: In a major development at the Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling port, the Union Minister for Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, virtually flagged-off the dwarf container train service from JNPT in the presence of Dr. Sanjeev …

Chennai: Port Wings News Network: Government of India through Ministry of Commerce and Industry and various Export Promotion Councils (EPCs) is organising ‘Vanijya Saptah’ (Trade and Commerce Week) event in all States and Union Territories across the country as a part of ‘Azadi Ka Amrit Mahotsav’ with focus on economic …

Mumbai: Port Wings News Network: Shri Rajiv Jalota, IAS, Chairman, Mumbai Port Trust flagged off the Swachhata Pakhwada, 2021 activities in Mumbai Port on 16 September 2021 by administering the Swachhata Pledge to the Heads of Departments and Sr. Officers in the Board Room. The pledge was also administered to …