New Delhi: Port Wings News Network: SOURCEX INDIA 2023 organised by FIEO from March 9-11, 2023 was inaugurated at New Delhi on 9 March 2023. While addressing the gathering at the inaugural of the mega event, Dr A Sakthivel, President, FIEO, said that “The event is aimed at promoting Indian …
Read More »ITIC Appoints Jeff Woyda as new Chairman
Chennai: Port Wings News Network: International Transport Intermediaries Club (ITIC) – a mutual insurer which provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries – has appointed Jeff Woyda as its new Chairman. Woyda is taking over from Lars Säfverström, who has been …
Read More »Wärtsilä To Deliver Its First CCS-Ready Scrubber Systems
Chennai: Port Wings News Network: Wärtsilä receives first CCS-Ready scrubber order, further propelling maritime decarbonisation. The technology group Wärtsilä has received its first order for carbon capture and storage-ready scrubber systems – CCS-Ready scrubbers – the company has announced today. The major milestone marks the first time that Wärtsilä has …
Read More »Port Wings Maritime Exim Weekly Newspaper 8 March 2023
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Read More »Editorial: A Year into the War
Chennai, 8 March 2023: One year since the start of Russia’s full-scale invasion, Ukraine’s economy and infrastructure are in tatters, with the government and its allies planning the largest rebuilding effort since World War II. The World Bank estimates that Ukrainian GDP shrank by 35% in 2022, and projected in …
Read More »DP World’s Pusan Terminal Is World’s First To Implement BOXBAY High-Bay Storage System
Chennai: Port Wings News Network: DP World has announced the first commercial use of its revolutionary BOXBAY high-bay storage system at their terminal in Pusan, South Korea. A contract was signed on 8th March between Pusan Newport Corporation (PNC) and Boxbay FZCO — a joint venture of DP World and …
Read More »Setting Sail: ISWAN’s Awareness Workshop For Young Cadets In Mumbai
Mumbai: Port Wings News Network: ISWAN’s team in South Asia hosted a successful and well-attended workshop aimed at raising awareness among young seafarers of the challenges they may face at sea on 1 March 2023. The half-day event, entitled ‘Setting Sail: Seafarers’ Education and Awareness Session’, took place at the …
Read More »ICTSI 2022 Net Income up 44% to US$618.46M
Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) on 6 March 2023 reported audited consolidated financial results for 2022 posting revenue from port operations of US$2.24 billion, an increase of 20 percent from the US$1.87 billion reported last year; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) …
Read More »PM Gati Shakti National Master Plan Going To Change The Face Of India’s Infrastructure And Its Multimodal Logistics: Narendra Modi
New Delhi: Port Wings News Network: The Prime Minister, Shri Narendra Modi, on 4 March 2023 addressed a Post Budget Webinar on the subject of ‘Infrastructure and Investment: Improving logistic efficiency with PM Gatishakti National Master Plan’. It is the eighth of a series of 12 post-budget webinars organized by …
Read More »Alexandroupolis FSRU Project Kicks Off With Conversion Works At Keppel Shipyard
Chennai: Port Wings News Network: The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed as Alexandroupoli. Following conversion, the FSRU Alexandroupoli will serve as an offshore storage and …
Read More »APM Terminals Introduce Priority For Electric Trucks in Container Terminal at Port of Gothenburg
Chennai: Port Wings News Network: As of 1 March, electric trucks are being granted priority passage and handling in the container terminal at the Port of Gothenburg. This initiative is being used by terminal operator APM Terminals to favour those haulage firms that have already started to convert their vehicle …
Read More »Unicommerce Joins Hands With Shiprocket Arabia in Middle-East To Provide “One-stop Solution”
New Delhi: Port Wings News Network: Unicommerce & Shiprocket Arabia have announced an integrated platform offering that will enable sellers to manage every aspect from buy-button to delivery through a centralised panel. While the Unicommerce SaaS platform empowers sellers to streamline their supply chain for faster & more efficient order …
Read More »Port Wings Maritime Exim Weekly 1 March 2023 e-Paper
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Read More »Editorial: Shipping Struggles to Stay Afloat
Chennai, 1 March 2023: At the peak COVID-19 lockdowns, demand for many products decreased, but as the world returns to normal and demand continues to increase dramatically, the shipping industry finds itself struggling to stay afloat. As a result, maintaining the chain of supply has proven to be difficult for …
Read More »Boskalis Acquires Multidisciplinary Offshore Wind Farm Project Moray West
Chennai: Port Wings News Network: Boskalis has secured a multidisciplinary role in the development of the Moray West offshore wind farm in Scotland. On behalf of its client, Boskalis will carry out a large number of the activities contributing to the development of this renewable energy project in the coming …
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