SWACHHTA HI SEWA cleaning activities continue in Chennai Port

The Chennai Port Trust is carrying out various cleaning activities in the Operational areas and its Housing Colony as part of its SWACHHTA HI SEWA and SWACHHTA PAKHWADA campaigns. As part of the campaign, the operational areas Area – II and Area – III were cleaned on 18.09.2018.  Further, lifestyle classes were imparted to Staff
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DP World said that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts. On 9 September the President of Djibouti enacted a decree which
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The European Union sees little chance of relief from controversial U.S. metal tariffs before mid-2019 while aiming for a narrow trans-Atlantic trade deal to avert any extra American automotive duties, according to one of the bloc’s officials. The European Commission’s current talks with the U.S. to reduce trans-Atlantic market barriers for industrial goods should keep
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DP World has said that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts. On September 9, 2018, the President of Djibouti enacted a
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World oil indexes have climbed 10 percent in the past two weeks but turned into slight down-ward trend yesterday. The global oil market is now two months away from seeing substantial supply losses from Iran due to sanctions. Indeed, the declines are already underway, raising concerns about market tightness. MABUX World Bunker Index (consists of
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French container shipping company CMA CGM plans to continue to look for acquisition opportunities after its plans for merging with German rival Hapag-Lloyd fell through, Reuters reports. Speaking on the sidelines of yesterday’s inauguration of the company’s new flagship, the 20,600 TEU CMA CGM Antoine de Saint Exupery, in the Port of le Havre, the company’s CEO Radolph Saade
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World oil indexes have held onto gains in the last few days, finding support from a weaker US dollar and from news that OPEC had eased oil production cuts in July. Meantime, an escalating trade dispute between the United States and China outweighed news of US crude production increase. MABUX World Bunker Index (consists of
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On July 23, 2018, Chennai International Terminals Pvt. Ltd (CITPL), owned and managed by PSA International, hosted celebrations in Chennai for staff, stakeholders and the trade to mark PSA’s 20th year in India. CITPL is PSA’s second terminal investment in India. The licence agreement with Chennai Port Trust was signed on March 3, 2007 and
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Greek boxship owner Diana Containerships has agreed to extend a time charter contract with Wan Hai Lines (Singapore) for one of its Post-Panamax vessels, the m/v Rotterdam. Under the deal, the company’s 6,494 TEU containership will continue working for Wan Hai at a gross charter rate of USD 18,200 per day for a period of up to
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Oil prices have soared amid worries about fighting in the Middle East, but it is not yet clear whether elevated tensions will continue to support the recent rally, according to the latest monthly report from the International Energy Agency (IEA). “Political uncertainty in the Middle East has returned to the fore,” the IEA said in
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