Vessel Construction Activities Commence at Paradip Port

Paradip: Port Wings News Network: The Chairman, Paradip Port, Shri P.L Haranadh, IRTS on 18 April 2022 inaugurated Vessel Construction activities at Paradip Port Slipway with the Keel Laying Ceremony of a Pilot Boat. The Boat is being constructed by Sadhav Offshore Engineering Pvt Ltd. (SOEPL), which has taken the …

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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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