Tuticorin: Port Wings News Network: Shri N Vaiyapuri has assumed the charge as Deputy Chairman, of V.O. Chidambaranar Port Trust, Tuticorin, succeeding Shri S. Natarajan, who retired on superannuation on 30 June 2018. Prior to the new assignment, Vaiyapuri was serving as the Deputy Chairman of Paradip Port Trust in …
Read More »APM Terminals Pipavav Hosts Trade Meet in New Delhi
New Delhi: Port Wings News Network: APM Terminals Pipavav recently hosted a trade meet for its customers and service providers in New Delhi. The event was attended by key stakeholders in the industry including senior management personnel of Cargo owners, Shipping Lines, Container Train Operators, Dry Ports and Freight Forwarders. …
Read More »Krishna Babu Appointed as Chairman of New Mangalore Port Trust
Chennai: Port Wings News Network: Shri M.T. Krishna Babu, IAS (1993 Batch) has assumed the appointment as Chairman, New Mangalore Port Trust (NMPT) from 01 July 2018. Shri Krishna Babu, IAS is currently the Chairman of Visakhapatnam Port and has been instrumental in guiding the Port on the path …
Read More »Indian Major Ports Face Bleak Future Without Captains for Months
Chennai: Port Wings News Network: Out of 12 major ports dotting across the east and west coasts in the country, six are without a full-time chairman for months. And the delay in appointing a regular chairman for these ports is affecting the prospects of these facilities, say port users. Government …
Read More »Ramesh Takes Over as Chairman, Central Board of Indirect Taxes and Customs
New Delhi: Port Wings News Network: Shri S. Ramesh, IRS(C&CE:1981) has taken over as Chairman, Central Board of Indirect Taxes and Customs [CBIC], on superannuation of Smt. Vanaja N. Sarna today . Prior to his elevation, he was Member (Administration) in the Board. Shri S. Ramesh began his …
Read More »Save Knitwear Garment Export Sector, Tirupur Exporters Association Appeals to Textile Mills
Chennai: Port Wings News Network: In a media statement on 30 June, Shri. Raja M Shanmugham, President, Tirupur Exporters Association (TEA), said the cotton yarn price increase by Rs.20 per kg in this month has literally pushed the knitwear garment export sector into a difficult situation and to sustain in …
Read More »Customers ‘Dissatisfied’ with Service Quality of Ocean Carriers: Drewry Survey
Chennai: Port Wings News Network: The service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders as more problematic, according to the second annual shipper satisfaction survey of Drewry and the European Shippers’ Council (ESC). The joint ESC and Drewry …
Read More »MANSA Commends Mumbai Port for Extracting Pinnacle Obstructing Ship Movements in Channel
Mumbai: Port Wings News Network: Maritime Association of Nationwide Shipping Agencies – India (MANSA) has appreciated the administration of Mumbai Port Trust for removal of the age-old Pinnacle leading to free movement of the vessels. In a letter congratulating the chairman of the port for making the channel free of …
Read More »AirBridgeCargo Introduces Twice-Weekly Budapest Services
Chennai: Port Wings News Network: AirBridgeCargo Airlines, one of the world’s leading international cargo carriers, offers a new cargo destination for its European customers with the launch of bi-weekly frequencies to Budapest in the pursuit to accommodate growing volumes between Europe and Asia. The new service, deploying Boeing 747 freighters, …
Read More »Cabinet Approves Capital Infusion in Export Credit Guarantee Corporation
New Delhi: Port Wings News Network: The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the capital infusion of Rs.2000 crore for strengthening of Export Credit Guarantee Corporation (ECGC). The amount would be infused in the three financial years i.e. Rs.50 crore in 2017-18, …
Read More »Government Plans Establishment of Additional 6.5MMT Strategic Petroleum Reserves in Odisha and Karnataka
New Delhi: Port Wings News Network: The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations, i.e. Chandikhol in Odisha and Padur in Karnataka, including construction of dedicated SPMs (Single Point Mooring) …
Read More »‘Sagarmala’ Receives Gold Award at 52nd Skoch Summit 2018
New Delhi: Port Wings News Network: The Ministry of Shipping’s flagship programme for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Delhi, recognizing the programmes’s contribution to India’s socio-economic transformation and it’s role in propelling fast-track growth and infrastructure …
Read More »Port Wings Maritime Weekly 27 June 2018
Editorial:Positive Signs for the Modi Government
Port Wings, 27 June 2018: After several months of negative growth in exim sector, there are some positive signals coming out to the Narendra Modi-led Union Government. The latest data released by the Ministry of Commerce has revealed that the fall in India’s exports has been arrested of late and …
Read More »PM Narendra Modi interacts with business leaders in Mumbai
Mumbai: Port Wings News Network: The Prime Minister, Narendra Modi, interacted with business leaders in Mumbai on Tuesday, 26th June 2018. In this meeting, 41 business leaders representing a wide spectrum of the Indian economy were present at the interaction. The policy reforms and initiatives were taken by the Union Government …
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