Air Cargo Up 12% in April Compared to Pre-COVID Levels: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12%. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact …

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ERMA FIRST Acquires German Marine Water Treatment Specialists RWO

Chennai: Port Wings News Network: Founded in 1975 and headquartered in Bremen, RWO provides water and wastewater treatment systems for ships, ports and offshore installations and is a market leader in bilge water separation systems. RWO’s product portfolio includes the treatment of drinking and process water, oily waters, ballast, wastewater …

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Gangavaram Port Celebrates World Environment Day 2021

Vizag: Port Wings News Network: Gangavaram Port Limited, India’s deepest and multi-purpose port celebrated World Environment Day by initiating a weeklong Green Belt development initiative at the port premises. Embracing the World Environment Day 2021 theme of ‘Ecosystem Restoration’, awareness programs were organized for the staff along with a massive …

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TPCI Holds Panel Webinar on India-EU Trade Agreement

New Delhi: Port Wings News Network: Trade Promotion Council of India (TPCI) organised a panel discussion on the topic India-EU Trade Relations, a new era of cooperation, last week. Following panel members were a part of the discussion, Amb Anil Trigunayat, Former Ambassador of India to Jordan, Libya and Malta, …

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Abu Dhabi Terminals Unveils Innovative AI-Focused Partnership

Chennai: Port Wings News Network: Abu Dhabi Terminals, in the presence of His Excellency Omar bin Sultan Al Olama, UAE Ministry of Artificial Intelligence (AI), has announced a partnership agreement with Microsoft that heralds the next phase in the digital transformation of Abu Dhabi’s flagship maritime asset, Khalifa Port. The …

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A Custom Broker’s Voluntary Help to Members of Trade

Chennai: Port Wings News Network: The Tamil Nadu Government imposed a strict and complete lockdown from 10 May to 7 June in two phases to contain spreading of COVID-19 across the state. However, the government allowed functioning of only essential services. As per the GO, only few categories of people …

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Editorial: The Platform Economy

Chennai, 2 June 2021: Online platforms are increasingly a regular part of our everyday routines. We use them to communicate, shop, order food, consume entertainment, get around and find travel accommodations. According to Applico CEO Alex Moazed, a platform is “a business model that creates value by facilitating exchanges between …

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BIMCO Sets Sights On A Global Electronic Bill Of Lading Standard

Chennai: Port Wings News Network: As part of a major initiative to accelerate digitalisation in the shipping industry, BIMCO has teamed up with the International Chamber of Commerce (ICC) and other key stakeholders to help identify and overcome obstacles preventing a more widescale adoption of electronic bills of lading. “Establishing …

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