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 …
Read More »Liquidity Issues of Exporters, Businesses Largely Addressed: Dr A Sakthivel, President, FIEO
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 …
Read More »Air Cargo Up 7.7% in August Versus Pre-COVID Levels; Capacity Lagging Demand
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, …
Read More »Port Wings Maritime Exim Weekly Newspaper 29 Sept 2021 Issue
Editorial: No Silver Bullet to Decarbonization
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 …
Read More »World Tankers Releases Statement on Strovolos and Arrested Crew
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 …
Read More »DNV, Altera Infrastructure Pilot New ABATE Notation
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 …
Read More »Port Wings Maritime Exim Weekly Newspaper 22 Sept 2021 e-Paper
Editorial: Pain in the Neck
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 …
Read More »Harbor Lab Puts Operator Back In Control With New Online Instant Port Cost Estimator
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 …
Read More »Crowley Appoints Massimo Messina as Vice President of Mergers & Acquisitions
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 …
Read More »Government To Start 24 hours “Helpline” for Assistance to Exporters and Resolution of Issues: Piyush Goyal
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 …
Read More »Sarbananda Sonowal Flags-off Dwarf Container Train at JNPT
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 …
Read More »Trade and Commerce Week: Conclave and Exhibition to be held in Puducherry on September 21
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 …
Read More »Mumbai Port Holds Swachhata Pakhwada 2021
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 …
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