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Port Wings Maritime Exim Weekly 15 Sept 2021 e-Paper
Editorial: Ship Owners Take a Break
Chennai, 15 Sept 2021: Activity in the newbuilding and S&P markets has been rather dull during the past week, as the summer lull is gradually coming to an end. Additionally, asset valuations have increased considerably over the course of the past few weeks, with the market needing some time to …
Read More »Indian Maritime University Creates Skilled Workforce in Maritime Industry: Vice Chancellor
Chennai: Port Wings New Network: Though the global economy was affected, 70 per cent students of Indian Maritime University got good job opportunities in the last five years, Dr Malini V Shankar, Vice Chancellor, Indian Maritime University, has said. Speaking to the media in Chennai on 15 September, Dr Malini …
Read More »Continuous Growth in Exports for 6 Months Shows Resilience of Exports: FIEO President
New Delhi: Port Wings News Network: Responding to the trade data for August, 2021 showing an impressive growth of 45.76 percent with exports touching USD 33.28 billion, Dr A Sakthivel, President, FIEO said that the continuous growth in exports since March this year not only augurs well for the economy …
Read More »JNPT Records 28.45% Growth in Container Traffic; Handled 453,105 TEUs in August 2021
Mumbai: Port Wings News Network: Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, witnessed an upswing in cargo handling and recorded a throughput of 453,105 TEUs in August 2021, a growth of 28.45% as compared to 352,735 TEUs in the same month last year. NSIGT handled …
Read More »Gangavaram Port Achieves Milestones in Cargo Handling of Various Commodities
Visakhapatnam: Port Wings News Network: Gangavaram Port, the deepest and the most modern port in the country, on 7 September achieved milestones by setting records in various cargo commodities. The performance is a testament of ports state of the art infrastructures facilities with deep depth multi-purpose cargo berths which are …
Read More »Chennai Port Trust Celebrates 150th Birthday Celebrations of V.O. Chidambaranar
Chennai: Port Wings News Network: Chennai Port Trust celebrated 150th Birthday Celebrations of Kappalotiya Thamizhan V.O. Chidambaranar on 05 September 2021. Thiru M.K.Stalin, Chief Minister of Tamil Nadu, and State Ministers, Thiru. P. Raveendran IRTS, Chairman, Chennai Port Trust, Shri S. Balaji Arunkumar IRTS, Deputy Chairman, Shri S. Murali Krishnan …
Read More »DP WORLD, FESCO To Jointly Study Development of New Container Berth in Vladivostok To Support Northern Sea Route
Chennai: Port Wings News Network: DP World has agreed to jointly study with FESCO, Russia’s largest intermodal transport operator, the technical and economic conditions for developing a new container berth in the far east of Russia. The new berth will help to expand Vladivostok Commercial Seaport as a major transshipment …
Read More »IUMI Reports Improvement In Marine Insurance Market, But Remains Cautious Over Longer-Term, Sustainable Recovery
Chennai: Port Wings News Network: On 6 September 2021, IUMI – the International Union of Marine Insurance – presented its analysis of the latest marine insurance market trends during its annual conference which is being held online from Seoul, South Korea. In general, IUMI reported positive market development from most …
Read More »V.O.Chidambaranar Port Trust Celebrates 150th Birth Anniversary of V.O.Chidambaranar
Tuticorin: Port Wings News Network: V.O.Chidambaranar Port Trust celebrated the 150th birth anniversary of V.O.Chidambaranar on 05 September 2021. Shri T.K. Ramachandran, I.A.S., Chairman, V.O.Chidambaranar Port Trust, garlanded the statue of V.O.Chidambaranar in the Port premises. Floral tributes to the legendary freedom fighter were also offered by Shri Bimal Kumar …
Read More »Continuous Growth In Exports For 6 Months Not Only Augurs Well For The Economy But Goes To Show The Resilience Of Exports: FIEO President
New Delhi: Port Wings News Network: Responding to the trade data for August, 2021 showing an impressive growth of 45 percent with exports touching USD 33.14 billion, Dr A Sakthivel, President, FIEO said that the continuous growth in exports since March this year not only augurs well for the economy …
Read More »Port Wings Maritime Exim Weekly Newspaper 1 September e-Paper
Editorial: Race for Broadband in Space
Chennai, 1 Sept: There are at least four well-funded companies focused on competing to supply broadband from space in low-earth orbits. The market for these services is vast, but it particularly benefits shipping, as providers say they can offer seamless connectivity around the globe. Richard Branson’s Virgin Orbit, Elon Musk’s …
Read More »Strong Cargo Demand Continues in July: IATA
Chennai: Port Wings News Network: The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to …
Read More »Singapore’s PIL Meeting Demands For Sea Transportation Of Goods Amidst Pandemic And Sustainability Drive
Chennai: Port Wings News Network: One of Pacific International Lines’ (PIL) magnificent 11,800 TEU P Class, built in 2019 and among the largest vessels in PIL’s fleet, called at Singapore in July 2021, en route to Brazil from China. On this particular voyage, the ship was fully loaded, reflecting PIL’s …
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