Cochin: Port Wings News Network: Government of India has embarked ambitious development projects based on Sea ports. Coastal shipping is one among the many such initiatives under the Sagarmala, the flag ship development project of Ministry of Shipping. As a beginning of this in Cochin, the first coastal movement by …
Read More »Mumbai Port Begins To Convert Sassoon Dock into Modern Fishing Harbour
Mumbai: Port wings News Network: Mumbai Port Trust has commenced its development plans for Sassoon dock with the inauguration of an urban contemporary art exhibition by St+art India Foundation and its 30 participating artists. Mr Sanjay Bhatia, Chairman, Mumbai Port Trust, said, “The art project at Sassoon Dock is the …
Read More »Mormugao Port Chairman Exhorts People To Remain Vigilant Against Corruption
Panaji: Port Wings News Network: The Vigilance Awareness Week observed by the Mormugao Port Trust concluded on 4 November 2017 with a well attended valedictory function held at the Port’s Main administrative building at headland Sada. ‘Vigilance Awareness Week is a tool to curb administrative malpractices and provide good governance …
Read More »Suez Canal Authority, DP World Sign Deal to Develop Economic Zone at Sokhna, Egypt
Mumbai: Port Wings News Network: Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, on 7 November signed a partnership agreement to develop an integrated industrial and residential zone at …
Read More »Shipping Lines Anxious Over Declining Draught Levels at Mumbai Port
Mumbai: Port Wings News Network: Shipping lines have expressed their apprehensions over calling at Mumbai port following reduced draught levels making their position vulnerable while berthing. In a letter addressed to chairman of Mumbai Port, Mumbai and Nhava Sheva Ship Agents Association (MANSA) has pointed out the decline …
Read More »Major Ports Register Positive Growth During April-October 2017
New Delhi: Port Wings News Network: The Minister for Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation Mr Nitin Gadkari reviewed the work of all ports in Goa this week. He interacted with stakeholders including PPP operators, port users and other private sector …
Read More »GST Council Recommends Major Relief
New Delhi: Port Wings News Network: In its 23rd meeting held on 10 November 2017 at Guwahati, the GST Council has recommended major relief in GST rates on certain goods and services. These recommendations spread across many sectors and across commodities. As per these recommendations, the list of …
Read More »Adani Hazira Container Terminal Record Highest Monthly Throughput
Mumbai: Port Wings News Network: Adani Hazira Port Pvt. Ltd (AHPPL) part of Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer, accomplished a new milestone in month of October 2017 by achieving container throughput of 51,466 TEUs which is the highest monthly throughput since start of …
Read More »Port Wings 08 Nov 2017 Issue
A.P. Møller – Mærsk A/S Grows Revenue, Underlying Profit in Q3 of 2017
Chennai: Port Wings News Network: In Q3, the revenue of A.P. Møller – Mærsk A/S’ continuing operations increased by 14% year on year driven by higher freight rates in Maersk Line. According to a media statement, the underlying profit was USD 248m, with an improvement of USD 290m …
Read More »CMA CGM Adopts Liquefied Natural Gas For Biggest Ships
Chennai: Port Wings News Network: On the occasion of the COP23 in Bonn (Germany), the CMA CGM Group, a world leader in maritime transport, has announced its decision to equip its nine future ships of 22,000 TEUs (Twenty-foot Equivalent Unit), delivered in 2020, with engines using liquefied natural gas. With …
Read More »Graduation Ceremony at World Maritime University
Chennai: Port Wings News Network: Maritime leaders of tomorrow from over 50 countries have graduated from the World Maritime University (WMU), Malmö, Sweden, on 7 November. With the education and training they have received at WMU, the graduates are ready to be operational and contribute to the implementation of the …
Read More »ICTSI Croatia Boosts Intermodal Service for Wood Exports
Chennai: Port Wings News Network: Growing wood exports in Croatia have triggered the use of innovative freight transport at the Adriatic Gate Container Terminal (AGCT) in the Port of Rijeka in Croatia with the recent launch of an intermodal service connecting AGCT via rail to one of the country’s largest …
Read More »AP Industries Secretary Visits Sri City
Chennai: Port Wings News Network: Mr Solomon Arokia Raj, IAS, Secretary, Department of Industries & Commerce, Govt., of Andhra Pradesh visited Sri City on 6 November, along with a team of senior officials. Mr. Ravindra Sannareddy, Founder Managing Director, Sri City extended a warm welcome to the visiting dignitaries. Mr. …
Read More »Vigilance Awareness Week Observed at NMPT
New Mangalore: Port Wings News Network: Vigilance Awareness Week was observed in New Mangalore Port Trust (NMPT) from 30 October to 4 November, 2017 as per the directives of Central Vigilance Commission with the theme “My Vision- Corruption Free India”. The Week commenced with the integrity Pledge administered …
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