Editorial: The Big Unwind

Chennai, 13 April 2022: Is faltering consumer demand curbing imports, allowing port congestion to finally ease, releasing container-ship capacity and causing ocean spot rates to sink? Is this the beginning of “the big unwind”? Or does waning West Coast port congestion stem from temporarily lower exports out of China due …

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Crowley and Shell Aim to Advance Decarbonization in Maritime

Chennai: Port Wings News Network: Continuing to demonstrate their commitment to decarbonization of the maritime sector, Crowley and Shell Trading (US) Company (“Shell”) have entered into a memorandum of understanding (“MOU”) with the aim of supporting alternative energy solutions for the future of shoreside and terminal operations. The MOU follows …

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Air Cargo Growth Continues in February, up 2.9 percent: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air cargo markets showing that demand increased in February despite a challenging operating backdrop. Several factors benefitted air cargo in February compared to January. On the demand side, manufacturing activity ramped-up quickly after the early …

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Editorial: Put To the Test Again

Chennai, 6 April 2022: The pandemic is not even over as the latest lockdowns in China illustrate, and the war in Ukraine is putting global supply chains through another test. Distortions in supply because of the destruction of war and disabled supply chains, sanctions, and voluntary self-sanctioning all hit trade. …

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Paradip Port Celebrates 59th National Maritime Day

Paradip: Port Wings News Network: 59th National Maritime Day was celebrated at Paradip Port Authority in the Wet Basin of the PPA’s Marine Site office, where, Shri P.L. Haranadh, graced the occasion as Chief Guest. At the meeting, Shri Haranadh spoke about the rich Maritime Heritage of the Nation in …

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