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 …

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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 …

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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 …

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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 …

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