Portwings Your Window to Maritime World

Chennai, 6 April 2022: The pandemic is not even over as the latest lockdowns in China illustrate, and the war in Ukraine is putting global supply chains through another test. Distortions in supply because of the destruction of war and disabled supply chains, sanctions, and voluntary self-sanctioning all hit trade. …

Mumbai: Port Wings News Network: Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal has emphasised the important contribution of seafarers during the tough COVID times in making country self-reliant and keeping global supply chain operational. Congratulating  all stakeholders of maritime fraternity at the 59th National Maritime Day celebration …

Paradip: Port Wings News Network: 59th National Maritime Day was celebrated at Paradip Port Authority in the Wet Basin of the PPA’s Marine Site office, where, Shri P.L. Haranadh, graced the occasion as Chief Guest. At the meeting, Shri Haranadh spoke about the rich Maritime Heritage of the Nation in …

Chennai: Port Wings News Network: Carrier Transicold will again be meeting customers face-to-face at Fruit Logistica 2022, taking place at Messe Berlin, Germany, from April 5-7. Carrier Transicold is a part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold …

Mumbai: Port Wings News Network: Union Minister for Road Transport and Highways Nitin Gadkari has stated that the work on Mumbai-Goa highway will be completed within the next one year. Gadkari was speaking at the inauguration of three national highway projects worth Rs 131.87 crore in Raigad district and a …

New Delhi: Port Wings News Network: Merchandise exports from India have reached USD 417.8 billion in the current financial year. This figure excludes the figures from non-EDI Ports and adding that, it is likely to exceed $418 billion, an all-time high in India’s export history. India has achieved highest monthly …

Chennai: Port Wings News Network: Along with Shri. T Rajkumar, Chairman, Confederation of Indian Textiles Industry (CITI), Shri. Manoj Patodia, Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL), Shri. Narendra Goenka, Chairman, Apparel Export Promotion Council (AEPC) and Shri. Ravi Sam, Chairman, The Southern India Mills’ Association (SIMA), Shri. Raja …

Mumbai: Port Wings News Network: In a landmark achievement, Jawaharlal Nehru Port Authority (JNPA), India’s premier container port handled 5.68 Million TEUs during FY 2021-22 against 4.68 Million TEUs in 2020-21, a 21.55% increase. This performance is the highest ever at Jawaharlal Nehru Port for any financial year compared to …

Mumbai: Port Wings News Network: One of India’s top-ranked B-School – National Institute of Industrial Engineering (NITIE) has embarked upon bridging the academia-industry gap in the field of supply chain and logistics as part of the endeavour to reduce logistics cost in Asia’s third largest economy. At a stakeholder meet …

New Delhi: Port Wings News Network: Reacting to the March 2022 Trade Data, FIEO President, Dr A Sakthivel said that the highest-ever exports of over USD 40 billion during the month has once again showcased the continuous resilience of India’s exports sector. The hard work and the outstanding performance shown …

Chennai: Port Wings News Network: During the financial year 2021-2022, V.O. Chidambaranar Port  handled Cargo traffic of 34.12 Million Tonnes, against the previous year’s achievement of 31.79 Million Tonnes, registering a growth of 7.33%.  Imports have accounted for 24.19 Million Tonnes (+7.42 %) and Exports accounted for 9.45 Million Tonnes …

Chennai: Port Wings News Network: Chennai Port Authority Chairman Shri Sunil Paliwal on 1 April said the Chennai Port-Maduravoyal Expressway is expected to be completed within 30 months at a cost of Rs 5800 crore and the work will resume soon. Shri Sunil Paliwal, who is also the CMD of …

Chennai: Port Wings News Network: Tirupur Exporter’s Association (TEA) on 2 April 2022 thanked Prime Minister Narendra Modi and, Union Minister of Textile and Commerce Piyush Goyal for signing the much awaited India-Australia Economic Cooperation and Trade Agreement -“IndAus ECTA.” and appreciated for quick succession of the agreement next to …

New Delhi: Port Wings News Network: With growing complementarity between the economic priorities of the two nations, India and Australia, democracies at two ends of the Indian Ocean, signed the Economic Cooperation and Trade Agreement (ECTA) on April 2, 2022, marking a major step towards lifting their economic relationship to …

Chennai: Port Wings News Network: PSA International Pte Ltd (“PSA”) and Halifax Port Authority are pleased to announce PSA’s acquisition of Ceres Halifax Inc. from Nippon Yusen Kabushiki Kaisha. PSA Halifax will now operate two container terminals in Halifax, namely Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax. …