Chennai: Port Wings News Network: Construction of the second Baikal tunnel-the most important part of the BAM and Trans-Siberian Modernization Program-is coming to an end. According to operational data, 6372 m (out of a total length of 6682 m) has been dug. The average pace of the second Baikal tunnel …
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Chennai: Port Wings News Network: BIMCO has taken a big step forward and launched an innovative new solution for editing contracts. The solution is called SmartCon, and it makes contractual work easier and more secure. The product was launched at an event in Singapore on 18 January 2018. Grant Hunter, …
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Chennai : Port Wings News Network: The Vice President of India, Mr M Venkaiah Naidu has asked India’s exporters to focus on new markets and new products including sunrise products which show higher growth in global trade including electric, electronic, Tele-communication equipment. Mr Naidu was addressing the gathering after conferring …
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Chennai: Port Wings News Network: A joint Search and Rescue exercise named SAREX-18 was conducted in the Bay of Bengal off Chennai on 17 January between Indian and Japan Coast Guard. A total of nine ICG Ships besides eight aircraft participated in the exercise. Other stakeholders like the Indian Navy, …
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Chennai: Port Wings News Network: OOCL on 17 January announced that the sixth and last in latest series of 21,413 TEU containerships was christened at a ceremony held at the Samsung Heavy Industries (SHI) shipyard on Geoje island. Named by Sponsors Mrs. Shirley Peng and Mrs. Mary Liu as the …
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Tuticorin: Port Wings News Network: V.O.Chidambaranar Port, Tuticorin, on 17 January 2018 signed the concession Agreement for construction of Shallow Draught Berth for handling Construction Materials through PPP mode. According to a media statement, the concession agreement was signed by Mr I. Jeyakumar,IRTS., Chairman, V.O. Chidambaranar Port Trust on behalf …
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Chennai: Port Wings News Network: Chevron Shipping Company (CSC) has further cemented its long-standing relationship with the GAC Group by awarding it a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures GAC’s status as Chevron’s exclusive global agent in a partnership …
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Chennai: Port Wings News Network: Korean Register, an IACS member classification society, has been granted authorization by the Portugal Maritime Authority (DGRM) to deliver statutory services on behalf of the Portugal flag state. KR’s surveyors will now be carrying out vessel surveys and issuing certificates in accordance with international conventions. …
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New Delhi: Port Wings News Network: The Government has recently entrusted the task of integrated development of Logistics sector in the country to the Department of Commerce. To fulfil this, a MoU with Confederation of Indian Industry has been signed in the presence of the Minister for Commerce & Industry …
Read More »Port Wings, 17 January 2018 According to the World Bank’s Global Economic Prospects report released last week, India, after conceding its position as the fastest growing major economy to China for a year in 2017, is likely to reclaim the position in 2018 with growth expected to accelerate to 7.3% …
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New Delhi: Port Wings News Network: Minister of State for Road Transport and Highways, Shipping and Chemicals and Fertilisers, Mr Mansukh Mandaviya inspected the facilities and ongoing projects at Kolkata Port Trust and GR Jetty of Inland Waterways Authority of India on 11 January. He is on a two-day visit …
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Mumbai: Port Wings News Network: The Kerala-based Cochin Shipyard Limited (CSL) and Maharashtra-based Mumbai Port Trust (MbPT) have signed a MoU for management and operation of the Ship repair facilities at Mumbai Port Trust. As per the agreed terms of the MoU, MbPT and CSL are to associate with each …
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Chennai: Port Wings News Network: With a 6 % rise in overall seaborne trade and over 15% in container traffic, HAROPA (the ports of Le Havre, Rouen and Paris combine) recorded the best figures among North-European ports for the year 2017. For the first time in its history, HAROPA handled …
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Chennai: Port Wings News Network: Worldwide Flight Services (WFS) has demonstrated its confidence in the New York air cargo market by signing a 15-year lease on a new state-of-the-art, 346,000 square feet cargo terminal, the first phase of the Port Authority of New York and New Jersey’s comprehensive Vision Plan …
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