Port Wings Maritime Exim Weekly Newspaper 17 June 2020 Issue

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June 17th - 23rd Issue

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Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741

Wednesday, June 17, 2020

8 Pages

May Figure Shows Drastic Arrest in Fall of Exports: FIEO Tuticorin Port Wings News Network eacting to a high doubledigit decline in monthly exports during May, 2020 by 36.47 percent at USD 19.05 billion, FIEO President, Mr Sharad Kumar Saraf said that though the decline again has been towards the higher side, but there is drastic arrest in fall of exports during the month compared to April 2020. And this has been because of the partial start of businesses across the country and business/order enquiries from the markets like US and EU. Revival still seems a very slow process as the global business sentiments are at its lowest, impacting the supply chain and bringing slump or recessionary conditions in the economies across the world, said Mr Sharad Kumar Saraf.

Mr Saraf added that the exports during the month for emergency and essential items like drugs & pharmaceutical products and rice besides iron-ore were in positive territory with nominal growth. The

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Mr. Sharad Kumar Saraf, President, FIEO

reason being lockdown measures followed across the w o r l d , disruption of supply c h a i n s and major

cancellations in orders except for drugs and pharma. Mr Saraf again expressed his serious concerns over sharp decline in employmentintensive sectors of exports which has serious ramifications for the jobs in the country particularly as domestic demand will also not be robust.

Mr Sharad Kumar Saraf said that 27 out of the 30 major product groups showed higher double-digit negative growth during May 2020.

Further imports also showed a high double-digit decline of 51.05 percent during the month with USD 22.20 billion.

FIEO Chief reiterated that with the global trade forecast showing a gloomy picture, there is a immediate need for a special exports package for the labour-intensive sector of exports for reviving India’s foreign trade sector.

Implementation of the economic measures announced at the ground level for a quick and full-fledged start of trade, businesses and supply chain across the country will further help in reviving the sector. Mr Saraf also added that the need of the hour is to immediately provide additional MEIS of 2% across the board and 4% for labour-intensive sectors, besides allowing roll over of forward cover without interest and penalty and automatic enhancement of limit by 25% to address liquidity challenges.

Further creation of the long pending demand of the Export Development Fund and reforms measures for ease of doing business will give a muchneeded boost to the exports sector and the overall economy.

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Wing 6 Feather 44

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Port Wings News Network ndia is embarking on a digitalisation drive for all trade documents, including bills of lading “as one of the last missing elements within the country’s electronic PCS”, said CargoX. That initiative became even more important because of the COIVD-19 pandeminc.

To improve port operations and to

address the challenges created by the global pandemi, India is digitalizing its bills of lading and other trade documentation workflows using a blockchain platform as part of its electronic Port Community System.

The Indian Ports Association (IPA) and the trade bodies in the Federation of Indian Logistics Association (FILA) emphasized the importance of digitalization to the shipping industry and gvoernment

officals.

Responding to these calls, the Government of India started evaluating ways to implement electronic bills of lading, electronic delivery orders, certificates of origin, letters of credit, and other trade documentation across all export-import transactions in India.

Gopal Krishna, the Secretary of the Department of Shipping of Government of India cited cargo

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V.O.C Port Creates New Record in "Cargo Handling and Unloading" of Coal New Delhi Port Wings News Network .O.Chidambaranar Port Trust, the vibrant sea port of South India and located in Tamil Nadu's Thoothukudi, created a new record by handling 1,89,395 Tonnes of Cargo in a single day

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on 12 June 2020 surpassing the earlier single day record of 1,80,597 Tonnes on 26 July 2019.

The port created a new record by unloading 55,363 Tonnes of Coal in 24 hours at Berth No.9 from the vessel ‘MV. Green K Max S’ on 12 June 2020, surpassing the earlier

Drive To Digitize Bills Of Lading, Trade Documents Chennai

Authorized Economic Operator

stoppages due to the inability of courier agencies, the requirement of delivering of physical formatbased trade documentation, and the sheer time added in person-toperson contact while handling paper documents, as key considerations in deciding to proceed with the digitation effort.

Portall Infosystems developed the Indian Port Community Contd. on page -2

FUMIGATION SERVICES PVT LTD.,

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record of 55,105 tonnes of coal handled at Berth No.9 from the vessel ‘MV. Theoder Oldendroff’ on 10.04.2020.

The Liberian flagged vessel ‘MV. Green K Max S’ with Length of 229 Metres, beam of 32.26 Metres and draft of 14.20 Metres arrived from the Port of Adang Bay, Indonesia with 76,285 Tonnes of Coal consigned for M/s.

India Coke & Power Private L i m i t e d , Chennai. The Shipping Agents for the vessel is M/s. Delta World Wide Shipping, Tuticorin and Stevedore Agent is M/s. Vilsons Shipping Private Limited, Tuticorin. The 3 Harbour Mobile cranes operated

by M/s. IMCOLA Crane Company, Tuticorin discharged 55,363 Tonnes of coal.

The major cargoes that contributed to the achievement are Industrial Coal (53,077 tonnes), Thermal Coal (45,829 tonnes), Clinkers (13,217 tonnes), Oil Cake (4000 tonnes), Caustic Soda Lye (2241 tonnes) and Containerized Cargoes (70,254 tonnes / 3903 TEUs).

Shri T.K. Ramachandran, I.A.S., Chairman, V.O Chidambaranar Port Trust, while thanking all the stake holders, Officers and the employees of the Port who have contributed to achieve this synergistic record, conveyed that “International trade is more likely to remain below the levels handled during the last financial year and VOC Port is continuously striving to achieve improvement in overall performance of the Port in order to attract more volume of Cargo throughput”.

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Inside One Network Enterprises, PSA... Pg-2 Pg-3 Allcargo Expects To Be...

Mumbai Port Handles 321... Pg-4 Chennai Port Surpasses Previous... Pg-5 Vessel Position at Terminals and Ports... Pg-6 Latest Customs Exchange Rates... Pg-7 NHAI Becomes First Construction... Pg-7 DP World Successfully Concludes... Pg-8

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June 17th - 23rd Issue

2

Drive To Digitize Bills Of Lading...

Wednesday, June 17, 2020

Wing 6 Feather 44

Coronavirus Pandemic -- The Privileged Immobile

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o slow the spread of the Coronavirus pandemic, countries across the world have implemented a range of stringent policies, including stay-at-home ‘lockdowns‘; school and workplace closures; cancellation of events and public gatherings;, restrictions on public transport and enforcing physical distance between people.

Mobility is not just about movement. It’s also about how that movement is represented and experienced. Health care workers are some of the most visibly mobile in this pandemic, receiving applause in cities across the world.

Human mobility and immobility – who can and can’t move and why – is therefore crucial to understanding the virus. And these issues of mobility have significant class dimensions. But, while the deaths of front-line doctors are causing outrage, blue-collar front-line workers might be more aptly described as sacrificial than essential.

While many who had previously been mobile have become immobile, the coronavirus hasn’t fundamentally changed the underlying logics of mobility and privilege.

This suggests mobility per se might not provide such a good gauge of privilege.

Instead, we can think of the aspiration to be mobile (or immobile), and the ability to realize that goal. The privileged are those whose aspirations match their abilities.

The privileged immobile, for example, want and manage to stay put. And frontline workers living paycheck to paycheck continue—if reluctantly—to be mobile.

Movement by the poor has taken a very different form. As factories, offices and businesses shut, daily-paid and migrant workers were discarded without ceremony. In India, Prime Minister Narendra Modi’s order to lockdown the country from midnight on March 24 provided a traumatic illustration of the plight of the poor. Desperate migrants tried to return to their home areas, with crowded stations becoming giant petri dishes on which the virus could thrive.

In sharp contrast, the privileged immobile have a comfortable lifestyle who are digitally connected with colleagues, friends and relatives worldwide and have paid for streaming services that keep them moderately entertained. They are able to work from home. Of course, life is weird and unnatural, but they experience no pressing hardship.

The pandemic has changed how we think about the privilege of mobility. We think of the freedom to move as a sign of privilege. Passing a driving test, owning a car, and getting a passport are milestones that signal modernity and freedom.

Wealth also enables travel abroad: Countries with higher income produce more international tourists. Likewise, we think of restrictions on movement as the domain of the underprivileged, like the current and formerly incarcerated. And, more generally, there are millions of people around the world who aspire to migrate but experience involuntary immobility because of restrictive state policies.

The middle class’ swift shift to virtual life has been striking. White-collar workers at large companies are likely to be some of the last to return to the office, if they do so at all. They may even be thriving at home, finding previously elusive downtime and investing in new hobbies.

Meanwhile, essential workers continue to be mobile. People working in manufacturing, food services, and health care—none of them can work from home.

These front-line workers are not just disadvantaged in terms of class: They’re disproportionately women, minorities, and immigrants. In this world of “white-collar quarantine,” is immobility the new marker of status?

We might be tempted to conclude from this that the world’s first truly global crisis has not only changed who is on the move but also fundamentally altered the relationship between mobility and privilege. But this conclusion would be premature. For starters, there have always been (at least) two sides of immobility— not just involuntary immobility but also privileged immobility.

The involuntarily immobile include 40 million internally displaced people across the world who are unable to return home, or to leave the country where they reside.

But alongside the hundreds of thousands who would migrate if they could, but can’t, there are millions who don’t want or need to leave home to improve their Sample lives or escape violence.

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TEXT

We can start by looking at the conditions that allow people to be mobile as well as immobile. We certainly feel privileged in wanting and being able to write and teach from home. But many have to stay put because they have lost their jobs. For them, immobility is not as desirable.

The COVID-19 seems to have changed who is on the move. Governments around the world have advised people to self-isolate, but who is able to follow this advice? In the months and years to come, it is these divergent consequences that will reveal who was and was not privileged, not whether they stayed home.

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Continued from page -1 System in just six months. The system is operations at 19 ports, including India's 13 major ports, and is connecting more than 16,000 corporate stakeholders. The B2B marketplace is integrated into the Indian Port Community System provides a range of services, including blockchain document transfer.

The CargoX Platform for Blockchain Document Transfer (BDT) was successfully tested by Portall Infosystems and India’s global shipping stakeholders to transfer electronic bills of lading.

CargoX and Portall Infosystems

have also entered into a partnership to digitalize the processing of bills of lading and the transfer of trade documents.

“We developed the CargoX Platform for contactless, distributed online teamwork,” said Stefan Kukman, CEO and founder of CargoX. “In these times of multiple risks to our common society, we are proud to help shipping companies, who represent the backbone of the economy, resolve supply chain document sending issues and enables them to meet delivery deadlines everywhere in the world, in a secure and efficient manner,

while also lowering the document transfer cost.”

To comply with the Ministry of Shipping’s initiative, Portall and CargoX engaged their partners to test the CargoX Platform for EXIM with Indian companies. Proof-ofconcept tests and simulations were run with various use-case scenarios, including breakbulk and container shipments, export, and import from and into India.

The ports involved in the project handle approximately 60 percent of India’s total cargo traffic. In 20192020, nearly 705 million tons of cargo was handled by these ports along with over 20,000 vessels.

One Network Enterprises, PSA Cargo Solutions Announce Strategic Partnership Chennai

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Port Wings News Network ne Network Enterprises (ONE), a leader in solutions for autonomous supply chain management, and PSA Cargo Solutions, a unit of leading global port group PSA International (PSA), on 15 June announced a strategic partnership to expand services for Global Terminal Operations and Logistics.

Through this partnership, the One Network platform further expands the capabilities of PSA’s Lead Logistics Provider (LLP) service for global 3PL customers, including ocean and land end-to-end (e2e) services for global logistics and port-based warehousing. The joint solution will provide full capability for track-and-trace visibility, alerts and notifications, and a comprehensive supply chain control tower, including mobile apps, handling thousands of bookings per month over nearly 100 global transportation lanes across Asia and the EU. Mr. Bruce Jacquemard, Chief Revenue Officer at One Network Enterprises, said, “PSA is a leader in global terminal operations and logistics with a vision for real-time global supply networks that matches our own.”

Mr. Bruce Jacquemard stated: “Combining the unique capabilities of the One Network platform with PSA’s services in global logistics

and port-based warehousing will be game changing in the maritime supply chain world and will unlock enormous business value for customers. Together, we’ll be able to deliver real-time visibility and cost-optimized decision making for customers that is unparalleled.”

Ms. Ghim Siew Ho, Head Group Commercial, Strategy and Cargo Solutions, PSA International, said, “We are pleased to be partnering with One Network Enterprises in this strategic relationship to enhance the value that PSA Cargo Solutions can offer.”

Ms. Ghim Siew Ho stated: “As a global terminal operator, PSA sits at key nodal points of the supply chain. Our vision is to connect the supply chain communities and empower them with the ability to move their goods with greater intelligence, agility and resilience.

By augmenting PSA’s current physical and digital capabilities with ONE’s leading network technology, we believe we can amplify the functionalities of our CALISTA™ platform to the benefit of our supply chain stakeholders.”

Specific capabilities of the joint solution include: Shipment planning, order management, and execution, including PO planning, management, and optimization; Exception management, including

detention & demurrage alerts and updates; Carrier management for ocean, road and rail, including barge booking; Rate management; Booking management across modes and at the PO, container, and CBM/carton level; Order confirmation, status updates and reporting, with both online and physical reports; Multi-mode shipment management; Document management, including doc uploads and tracking; and Invoicing.

The system will also optimize transport, planning and routing for local and cross-border distribution including optimization of alternative of transportation modes.

In the future, the joint solution will also provide a platform for additional supply chain business process outsourcing (BPO) services provided by PSA for shippers.

One Network’s NEO platform offers a complete solution for autonomous supply chain management from inbound supply to outbound order fulfillment and logistics, including cross border and regional transportation management system (TMS) solutions. One Network’s real-time network spans both planning and execution, with machine learning and intelligent agent technology to enable optimization of the multi-tier supply network, along with rapid identification of exceptions and autonomous resolution.

Seafarers Special Flights Gain Traction For Crew Change In Foreign Ports Mumbai

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Port Wings News Network hip managers and manning companies operating from India are running chartered flights to Doha and Colombo every alternate day as crew change at foreign ports gain traction with global deadline being a June 16, on staff swap drawing near, according to a BusinessLine report.

VR Maritime Services has arranged 22 chartered flights of SpiceJet for seafarers which will make 44 trips to Colombo/Doha and back with each flight carrying at least 160 crew on the 180-seater planes, said the Mumbaibased company’s Managing Director Captain Sanjay Prashar.

On Tuesday, a seafarers’ special flight took off from Mumbai to Doha with 154 crew from 15 companies.

From Doha, the crew will proceed to different destinations to join ships.

Among the group were eight seafarers who travelled all the way from Telangana/Andhra Pradesh to Mumbai, did Covid-19 tests which were negative and stayed in safe

homes before reaching the airport to catch the plane.

“The seafarers were eager to go back to ships and relieve crew who have already done more than their contract tenures,” Prashar said.

Captain Girish Phadnis, CEO of Kae Maritime, who joined hands with V R Maritime to move seafarers, said: " Every job retained counts."

Many countries have opened-up for crew change. On Tuesday, Hong Kong announced that it was allowing crew change for all nationalities.

Qatar Airways has become the preferred airline for Indian seafarers transiting through Doha to other destinations.

Sri Lanka has also emerged as a “friendly country” for seafarers as it allows all nationalities to join and disembark ships. It has also allowed Colombo to be used as transit airport. Sri Lanka allows five days stay in safe home for all seafarers entering Colombo and seven days to those who are departing Colombo to their home countries.

So far, 26 shipping companies

have utilised charter flights to send and bring back seafarers.

It takes five working days to get permission for charter flight inwards as the State government is also involved. Maharashtra seems to be benefiting from charter flights as 33 per cent seafarers booking seats are from the State.

Captain Umesh Shetty, joint managing director of V R Maritime Services, said that the fare for Bombay to Doha flight is $650 per seafarer and his firm arranged 22 flights for 71 companies to “ensure no job is lost for Indian seafarers.”

V R Maritime will run two seafarers’ special flights on Wednesday carrying 300 crew.

Through the charter flights that flew so far, Hong Kong-based ship manager Anglo Eastern – the largest employer of Indian seafarers - has sent more than 100 crew.

“We now have chartered flights every alternate day at nearly the normal cost for Indian seafarers. Thus, bulk crew joining and sign off is the new name of the game,” added Prashar.

June 17th - 23rd Issue

Maersk Fleet To Improve Ocean And Climate Science Chennai

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Port Wings News Network aersk vessels will be assisting global research efforts on weather patterns and climate change by committing 300 company-owned vessels to participate in the global Voluntary Observing Ship (VOS) program, says a company release.

While Maersk already has many vessels contributing to the VOS, the newly expanded commitment will see its entire fleet participating by the end of 2020. The recorded data helps meteorologists create more accurate weather and storm forecasts - and will also be used in the creation of atmosphereocean models that will help scientists better understand climate change.

“As a global container logistics company, our vessels form a vital role in keeping supply chains moving safely and timely. Helping weather forecasting and climate science advance makes great sense to us, since both of these areas affect our operations in various ways,” said Aslak Ross, Maersk’s Head of Marine Standards.

Improving data accuracy and efficiency - digitally While scientists have been collecting and sharing weather and ocean condition observations for over 150 years around the world, technological advances have significantly increased the amount of information which can be shared.

A typical VOS records and transmits observations manually, with a vessel crewmember reading data from instruments onboard the ship, or in some cases through automated weather stations (AWS).

The data is then sent to the various National Meteorological Services for use in weather prediction models and to monitor actual conditions at sea.

To obtain more data with higher precision, the first five Maersk vessels participating in the VOS program are equipped with a more advanced type of AWS, called the European Common Automatic Weather Station (EUCAWS).

The EUCAWS system

automatically collects data on atmospheric pressure, air temperature and relative humidity and transmits them hourly to designated research stations. By the end of 2020, a total of 50 such stations are planned to be operational on Maersk vessels, providing the largest fleet of AWS from a single company.

“If we can help create even marginal improvements to the quality of weather routing services, these will be important levers in our constant efforts to improve the safety of our crews and assets and ensure reliable arrival times for our customers’ supply chains,” said Mr. Ross.

While over 3000 ships are involved in the VOS program, overall participation has declined in recent years due to the reduction in the global commercial fleet's financial and crew resources. New technologies such as AWS and electronic logbooks, however, have

led to an increase in the quantity and quality of observations from each vessel.

As the world's largest container ship fleet operator, Maersk will be making a significant contribution to improving the amount and quality of data available to the study.

Mr. Ross added “Climate change is one of the biggest challenges facing the global community, impacting our business as well as the societies and customers we serve and partner with in enabling trade.

We have an ambitious strategy to decarbonize our fleet of vessels by 2050 and as we execute this plan, we are proud to have our vessels and crews help researchers in gaining a better understanding of this key global challenge.”

In the United States, Maersk has worked actively with the VOS partner organization and the U.S. National Oceanic and Atmospheric Administration (NOAA) on a variety of environmental programs.

These have included testing air quality and vessel stack emissions and whale protection programs on both coasts.

We are pleased to be able to expand our long-term work with NOAA to help gather high quality data to improve understanding of global weather and climate conditions.

This complements our work here in the US with NOAA on air quality, vessel emissions and protecting endangered whales,” noted Maersk North America’s Director of Environment and Sustainability, Dr. Lee Kindberg.

Allcargo Expects To Be Debt-Free With Blackstone Deal Closure By December Mumbai

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Port Wings News Network llcargo Logistics, the largest private sector player in the segment, expects to be debt-free by December when it will conclude the sale of its warehousing unit to private equity major Blackstone, according to a news report in Outlook quoting a news agency the PTI. Allcargo Group Chairman Shashi Kiran Shetty also expects a brighter future for its Hyderabadbased subsidiary Gati that it had bought last December, by way of a tax writeback of around Rs 80 crore through the ongoing dispute settlement forum called the ''Vivad se Vishwas'' scheme, and thus to close the financial year with a fatty bottomline.

In January, Blackstone announced that it would buy 90 per cent equity in Allcargo''s warehousing vertical for around Rs 1,400 crore and the Wall Street major has already invested Rs 380 crore as part of the deal which will be a mix of debt and equity.

The partnership will help Allcargo''s growing third-party logistics business into which it had invested around Rs 1,000 crore.

"We are on course to close the sale of 90 per cent consideration for Rs 1,400 crore in our warehousing

vertical to Blackstone by December.

With that, we should be a debt-free company," Shetty told PTI. Allcargo has a consolidated debt of Rs 1,000 crore currently, including both term and working capital loans, and the company hopes to retire all of this, Shetty said.

Blackstone proposes to make the investment through debt and equity and will be developing logistics parks in key consumption hubs across the country and even after the conclusion of the deal also, Allcargo will continue to manage and service the warehouses, Shetty said.

Allcargo has 6 million sq ft of developed Grade-A logistics parks across the Delhi-NCR, Bengaluru, Hyderabad, Ahmedabad, Pune, JNPT in Mumbai, Hosur and Goa, and are in an advanced stage of development and has 3 million sq ft under development.

About 80 per cent of its warehousing portfolio is pre-leased, of which close to 1.5 million sq ft already generates income.

On Gati, he said the company has a "disputed tax claim of Rs 150-160 crore and we hope to settle it at the

half the amount and thus will be able to write back at least Rs 70-80 crore

by December", Shetty had told PTI last week.

Shetty bought the express parcel major in December for Rs 416 crore including an open offer for a controlling 46.83 per cent stake and has since appointed turnaround experts Alvarez & Marsal to revive it.

Set up in 1993 by Shetty, Allcargo is an end-to-end logistics services provided such as multimodal transport, container freight stations, inland container depots, and contract logistics, logistics parks and last-mile express parcel deliveries after the takeover of Gati last December.

For Blackstone, the investment will help it expand the footprint into the country's logistics sector which has been clipping at a faster pace on the back of a booming e-commerce sector. Blackstone has so far invested more than USD 13 billion across private equity (PE) and real estate deals in the country.

A pre-COVID-19 EY report had forecast that companies would invest close to USD 8 billion into the domestic warehouses space in 2020 and has so far seen USD 270 million investment flowing in so far.

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UN Chief Calls For Seafarers To Be Designated As ‘Key Workers’ Chennai

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Port Wings News Network ue to COVID-related travel restrictions, hundreds of thousands of the world’s two million seafarers have been “stranded at sea for months”, said the UN chief on Friday, calling for them to be categorized as “key workers”, during the pandemic.

Unable to disembark, the statement released on behalf of António Guterres through his Spokesperson, said that the maximum sea time stipulated in international conventions, was being ignored, “with some seafarers marooned at sea for 15 months”.

The Secretary-General is concerned about the growing humanitarian and safety crisis facing seafarers around the world”, said the statement.

‘Unheralded’ workers The ongoing crisis is having a direct impact on the shipping industry, which transports more than 80 per cent of traded goods – including vital medical supplies, food and other basic necessities critical for the COVID-19 response and recovery.

“The world could not function without the efforts of seafarers, yet their contributions go largely unheralded” said Mr. Guterres.

“They deserve far greater support at any time, but especially now”.

In a bid to ensure that changeovers can safely take place, the Secretary-

General called on all countries to “formally designate seafarers and other marine personnel as ‘key workers’”.

Repatriate marine workers Meanwhile, taking full account of public health concerns, UN agencies – including the International Labour Organization (ILO) and the International Maritime Organization (IMO) – have been working with the International Chamber of Shipping and the International Transport Workers Federation, to develop protocols for crew changeovers.

“The Secretary-General calls on all governments to urgently implement these protocols, allowing stranded seafarers to repatriate and others to join ships”, the statement concluded.

Endangering maritime safety Last month, ILO received claims that numerous seafarers in need of immediate medical care ashore, were not permitted to disembark at many ports around the world, while those waiting to return to sea, were losing their source of income.

And earlier this week, ILO Director-General Guy Ryder said that “forcing exhausted seafarers to continue working more than four months beyond the end of their contract is unacceptable”, as it “jeopardizes their health and endangers maritime safety”.

“We call on governments to work together to make these crew changes happen in safety", he upheld

Great Eastern Shipping Ventures Into Third Party Ship Management Mumbai Port Wings News Network “There seems to be a need for this and therefore we set it up,” G Shivakumar, Chief Financial Officer, The Great Eastern Shipping Co, said during an earnings call, BusinessLine reports.

The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier, is venturing into third-party ship management and chartering services, a segment dominated globally by the likes of Anglo Eastern, Wallem, Fleet Management, V Group, Synergy Group, among others.

“It may not come to anything at the end of the day or it could be a big opportunity. So, it is not like we have a consultant’s report which says market size is a billion dollars and you can take advantage of that. It is something which could be an opportunity and we have set up a vehicle to take advantage of the opportunity if it comes up,” Shivakumar said.

On May 30, the Mumbai-based company’s board approved a proposal to incorporate a wholly owned subsidiary – Great Eastern Services Ltd – seeking to extend shipping services such as ship management, chartering etc to third parties.

The company said that the promoter/promoter group members are not part of the planned unit.

The Great Eastern Shipping, which runs a fleet of 69 ships of different types, has built a strong in-house technical and commercial management expertise to run its own ships. It hopes to monetise this expertise.

Globally, ship owners tend to outsource technical, commercial and crew management of their ships to third party service providers.

“In the past, we have had people like lenders who had taken over ships (due to loan defaults), approach us, asking whether we will manage assets on their behalf. So, this is potentially a company which can offer services to third parties,” Shivakumar said.

“We thought, we should not put it into the main entity because it will take away the focus from the main entity. So, there are opportunities which can arise including in commercial management of vessels or operational management of vessels.'' ``We do not want it to be a part of the main entity because it will take away the focus and we want that to be a very specific organisation which is focused on third-party management. Because, the mindset required for a thirdparty management company and for an in-house management company is different. And that is why we said we will keep that separate,” Shivakumar explained the strategy behind the setting up of the subsidiary.

Shipping industry sources said that the new unit could be another avenue for The Great Eastern Shipping to provide employment opportunities to cadets coming out its training institute – The Great Eastern Institute of Maritime Studies (GEIMS) – located at Lonavla, 120 kms from Mumbai.

The company, which employs some 1,000 seafarers, source a part of its fleet personnel requirement from GEIMS. It also places cadets passing out of the institute on board other ships owned by companies in India and overseas, as part of the rules stipulated by the Directorate General of Shipping, for running maritime training institutes.

GEIMS imparts pre-sea and post sea training to seafarers.

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June 17th - 23rd Issue

Mumbai Port Handles 321 Ships, Nine Million Metric Tonnes of Cargo Mumbai

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Port Wings News Network he Mumbai port has handled 321 ships and nine million metric tons of cargo during the coronavirus-induced lockdown period, according to a new report in Business Today quoting a top official. The port is fully operational now, the official said.

Six cruise liners have arrived in the port since June 12 and some more are scheduled to dock to disembark Indian crew members stuck on these "floating luxury hotels" after the

pandemic halted their operations at various places across the globe. A total of 14 cruise liners are to dock at the Mumbai Port Trust to disembark 10,000 Indian crew members by June 28, Sanjay Bhatia said in a statement.

"During the lockdown period, Mumbai Port has continued to handle large range of cargo such as steel, sugar, pulses, fertilizers, cement, motor vehicles, crude oil and chemicals, among others, at its berths in Indira Docks, Marine Oil Terminal-Jawahar Dweep, Chemical Terminal-Pirpau, and midstream.

The port handled 9.6 million metric tons of cargo from 321 vessels," Bhatia said.

He also said the port also continues to handle cruise liners at its facility, enabling signing off of Indian crew on board cruise ships around the world. "The port has been in the forefront in supporting the seafarers by helping them sign off at Mumbai Port," Bhatia added.

"Till date, six cruise vessels (have) berthed

in the port and more than 1,000 Indian crew (have been) handled. One of the huge cruise ships -- Ovation of the Seas -- was (also) docked in the port," Bhatia added.

REPATRIATION OF INDIAN CREW FROM CRUISE SHIPS Mumbai Port is the “Cruise Capital of India” as it has hosted number of International/ Domestic cruise ships over the years.

With such vast experience of handling large number of cruise ships, many Cruise Vessels/ Agents from world over are approaching Mumbai Port Trust Authority to evacuate Indian crew employed on their cruise ships during this pandemic as International Air travel is restricted into India.

Mumbai Port has repatriated 1819 Indian crew/seafarer’s (Sign Off) during the lockdown period till 9th June, 2020 from 6 cruise ships.

Out of the 1819 repatriated Indian crew, Mumbai Port evacuated a record of 917 Sign-Offs and 3 Sign-On in just two days i.e 8th and 9th June, 2020 from cruise ship “Viking Orion” and “Ovation of seas”.

All this has become possible because of seamless coordination of various Government authorities such as the Port Health Office (PHO), Municipal Corporation of Greater Mumbai (MCGM), CUSTOMS, IMMIGRATION, CISF, Yellow Gate Police and DCP Port Zone.

All these cruise ships have followed the SOP’s issued by various authorities and the guidelines of DGS and MHA. (Pre-Berthing and Post-Berthing).

All cruise vessels have to compulsory go through 14 days quarantine after last Port of call as a pre-requisite to request Berth at Mumbai Port. Also, a COVID test is a MUST for all crew members.

Due to this meticulous effort by each Agency and Authority, the cruise fraternity from World over have taken note of the effort. Mumbai Port has received more requests from 13 cruise vessels to disembark 9533 Indian crew.

JNPT Highlights its Green Initiatives for Sustainable Future

O

Mumbai

Port Wings News Network n the occasion of World Environment Day celebration, a 1000 sapling plantation drive of endemic species as Karanj, Jamun, Arjuna, Kadamba, Neem, and Gulmohar was carried out by Shri Sanjay Sethi, IAS, Chairman, JNPT, Shri Unmesh Sharad Wagh, IRS Dy. Chairman, HoDs and other senior officers.

JNPT has initiated various environmental upgradations and Green Port Initiatives like

4 MLD sewage treatment plant, Electric Cart for movement in Port operational area, Shore Power Supply to Tugs/Port Crafts, E-Toilets at Wharf. JNPort has also installed Solar Panels of around 822 KW on the rooftops of the public buildings of JNPT, which is generating electrical power of about 80,000 units per month and have also switched to LED lights at the port area to lower energy consumption & decrease carbon footprint. In addition, the Port also regularly conducts seminars and

knowledge sessions to raise awareness on various aspects of quality and health of Ports wherein environment plays a critical role.

Commenting on the initiatives being taken, Shri Sanjay Sethi, IAS, Chairman, JNPT said, “It is important for every business house to be mindful of their responsibilities towards the environment. At JNPT, we are constantly looking for eco–friendly options, in our endeavor to be a Green Port. We will continue to remain a socially conscious organization, committed to the environment”.

As part of Environmental Management and Monitoring Plan, JNPT authorities regularly monitor the environment where ambient air, marine water, marine ecology, drinking water, garbage disposal plant, electric cart and noise level is monitored through IIT Madras.

JN Port’s Environmental Management and Monitoring Plan (EMMP) has been prepared

by CSIR- NEERI Mumbai and an EMMP Implementation review meeting of EMMP Nodal officers is conducted every month.

The port is also planning to develop an Eco Park in association with Mangrove Cell, Forest Department and a MoU is being finalized for implementation of the Project, which essentially comprises Interpretation centre, watch tower for birds, parking place, Garden, restaurant and toilet blocks, for tourists to enhance Eco-tourism and education on biodiversity.

JNPT not only aims to obtain economic efficiencies, but also focuses on ecological and social stability. Thus, environmental protection will continue to be an integral part of JN Port's planning and operations.

Shipping Ministry approves Revised cost estimates to augment Ship Repair facilities in Andaman & Nicobar Islands New Delhi Port Wings News Network inistry of Shipping has approved the Revised Cost estimate of an amount of Rs. 123.95 crore for augmenting Ship Repair facilities in Andaman & Nicobar Islands.

Shipping activities are lifeline of Andaman & Nicobar Islands, as majority of the development activities are linked to it. To keep the shipping activities alive without any interruption, the ship repair facilities are need to be developed. Due to significant increased ship movements, the existing repairing facilities at Port Blair are being augmented by the Ministry of Shipping. The existing dock length will be extended by 90 meters This augmentation will boost ship building and ship repairing industry and facilitate the ‘Make In India’ initiative of the Government of India.

The project ‘Extension of Dry Dock-II at a

M

marine dockyard including supply, installation and commissioning of Dry Dock Pumps and accessories in Port Blair, South Andaman” was sanctioned by Ministry of Shipping under Central Sector Scheme to the tune of Rs. 96.24 crores, with stipulated date of completion of 42 months during February 2016. The scope of work was to extend the existing dock by 90 meters in length to accommodate more and bigger vessels. This facility was to double the existing capacity of ship repair facilities at Port Blair and generate employment opportunities and enhance the income of islanders. The project had been awarded and the preliminary work commenced at site on 07.03.2017.

Due to some technical changes in the project, there was cost and time overrun.

Ministry of Shipping has now approved the Revised Cost Estimate for an amount of Rs. 123.95 crore. The extension facility of the Dry dock will be made available to the Shipping industry by August, 2021.

DRI Seizes 13 Metric Tonnes of Red Sanders

T

Mumbai

Port Wings News Network he Directorate of Revenue Intelligence (DRI), Mumbai zone, have seized 13 metric tonnes (13,000 kgs) of red sanders which were being smuggled to Sharjah, UAE from the Nhava Sheva port in Navi Mumbai, according to a news report in Hindustan Times.

The blocks of red sanders were concealed in the cover cargo of onions. The central law enforcement agency has also arrested two members of the syndicate.

According to the DRI officials, recently they received specific intelligence about the smuggling of red sanders by an international syndicate which would attempt to smuggle them in the guise of export of some other goods in a container, from Nhava Sheva Port to Sharjah, UAE. DRI team on Saturday intercepted a container at Nhava Sheva Port. “The exporter has declared the cargo as 29 metric tonnes of fresh Indian onion. But, on examination of the container 13 metric tonnes of red sanders logs worth around ₹5.2 crore were found,” stated a senior DRI officer.

Following the seizure, two people have been arrested by DRI officers, on 14 June.

They were actively involved in the smuggling of red sanders. Their names were not disclosed as more accused are on DRI’s radar.

The accused Nityanand Suresh Pujari, 39

and Kumar Narayan Swami, 46, have been booked under relevant sections of Customs Act and have been remanded to DRI custody by a Magistrate court in Uran.

Investigators suspect that the smuggling racket had plans to first smuggle the woods to UAE and from there they might have taken it to China, where it is in high demand, said a DRI source.

According to the DRI, the export of red sanders, also commonly-known as red sandalwood or Rakt Chandan, is prohibited as per the Export Policy in India.

China – Europe Rail Freight up 48% in May Amid Corona Pandemic

A

Chennai

Port Wings News Network bout 93,000 TEUs of container freight were transported between China and Europe in May, leading to a year-onyear increase of 48% in rail freight, China National Railway reported.

CR also operated 1033 China – Europe freight trains in May which was 43% more than in May 2019, and also was the first time that hundred such trains have been operated in a single month.

The number of outbound trains from China in May culminated to 556 carrying 50,000 TEUs representing year-on-year increases of 47% and 52%, respectively. In comparison, 477 trains and 43,000 TEUs inbound from Europe to China were up 39% and 44% respectively year-on-year.

In February, capacity concerns came to the surface over a projected surge in demand, as China’s factories reopened and shippers desperately looked for alternatives to air and ocean modes of travel, but it appears any congestion was manageable, thanks to extra trains and services running.

In May, China – Europe trains transported 1.96 million items and 9381 tonnes of anti-coronavirus materials such as masks, first-aid kits, protective clothing, hand-held temperature monitors, and goggles.

Regular video conferences have been conducted between CR and the national railways of Belarus, Germany, Kazakhstan, Mongolia, Poland, and Russia during the COVID-19 epidemic in a bid to step-up the efficiency and logistics of the service and also reduce costs.

Since the start of 2020, some 200 trains have taken off from the trading centre of Yiwu in Zhejiang province, eastern China, transporting 16,672 twenty-foot-equivalent containers to 36 countries in Europe, as stated by state news agency Xinhua.

The link that runs across 13,000km has proved to be a lifeline during the coronavirus pandemic, that resulted in air freight to shut down, and also severely affecting seaborne cargoes. This link was also instrumental in carrying anti-virus equipment for the fight against the pandemic.

June 17th - 23rd Issue

5

Tug Shortage Hits Crew Change at Outer Anchorage of Cochin Port

A

Mumbai

Port Wings News Network shortage of tugs has hit crew change operations at the outer anchorage of Cochin Port Trust, forcing ship managers to call for a round-the-clock staff swap on ships, according to a BusinessLine report.

The outer anchorage of Cochin Port Trust has become a favourite of ship owners and ship managers to divert cargo-laden ships from its normal route just to drop off crew working beyond their original contract tenure and to replace them with new crew to overcome a corona virus-induced crew change crisis that has roiled the global shipping industry.

Ships are deviating to Cochin because the port trust does not collect any charges for crew change at its outer anchorage. “It is a give and take,” said an executive with a ship management company.

“We are ready to follow all the rules but allow us 24-hour crew change because there are only three tugs run by Cochin Port Trust and with the three tugs, it has become difficult to manage,” he said.

Tugs are vital to crew change at outer

anchorage. The tugs are hired by the ship agents to ferry joiners to the ship and bring File Photo

back those who have signed off from the ship.

The standard operating procedures (SOP) framed by the Immigration Department at Cochin Port Trust allows crew change only during daytime. The crew change should be done using only port tugs or tugs registered with the port trust.

Limitations Cochin Port Trust runs three tugs but only two are made available for crew change.

“The limitation is that the port trust has

Singapore Port Authority Approves 3,000 Cases of Crew Change

T

Chennai

Port Wings News Network he Maritime and Port Authority of Singapore (MPA) has approved almost 3,000 cases of crew change in Singapore since March 27, with three chartered flights set to help more seafarers leave their ships to go home this week, The Straits Times reports.

Transport Minister Khaw Boon Wan disclosed the figures in a Facebook post on Tuesday (June 9), in response to a Financial Times report about seafarers left stranded at

sea or at home due to Covid-19 restrictions worldwide.

“Many crew have worked several months beyond their contracts, due to recent travel restrictions which bar crew from disembarking to return home,” said Mr Khaw.

“This has led to the international shipping industry threatening to cease sailing unless replacement crew can be brought in.”

Mr Khaw said this issue could potentially disrupt or clog up the global supply chain, given that commercial vessels carry 80 per cent of the world trade.

To help prevent this, Singapore has been working with shipping partners, seafarer unions and shipping companies to facilitate crew change in a safe manner, he added.

This is done through “safe corridors” stated in the MPA’s Port Marine Circular and a crew change guidebook.

Under a circular released on March 27, MPA allowed for some crew change even

though short-term visitors are not allowed to enter Singapore.

Those allowed to leave their ship comprise those who have served their maximum time on board and are unable to get further extension of employment, those who have compassionate grounds, and those who are no longer medically fit to work on board a ship.

It then broadened the criteria to allow crew members in four other categories, such as those whose employment contract has expired, to disembark here from May 22. Approval is subject to the crew members File Photo taking precautionary measures stated by MPA. Crew who get approval to leave or board the ship in Singapore are transferred directly between the ship and the point of arrival or departure in Singapore.

Mr Khaw said on Tuesday that Singapore has gone further in facilitating crew change by allowing it to be done via chartered flights.

The first such flight took place at Changi Airport last Saturday, in accordance with the protocol set out by the International Chamber of Shipping.

“We are happy to help crew members heading home after being out at sea for a long period of time,” said Mr Khaw.

“They deserve that long-overdue reunion with their loved ones.”

In response to queries on the move to continue allowing crew change, MPA said it was always its policy to facilitate crew change from ships irrespective of the nationality of the crew and the flag of the ship.

Its spokesman said: “We understand that there are exceptional circumstances where crew will need to disembark or embark the ship.

“This is why MPA continued to allow crew change under special circumstances even though short-term visitors are not allowed to enter or transit through Singapore.”

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got its own movement to carryout. They will first use the tugs for their own cargo loading and unloading operations and then only let out the tugs for crew change operations,” said the executive.

Cochin Port Trust has seen a spurt in demand for tugs after it allowed crew change at anchorage, attracting many ship owners and managers to carry out this exercise.

Cochin Port Trust charges $785 per hour for letting out a tug. With GST, the rate comes to about $900 per hour.

A tug typically takes about five hours to go to a ship and return.

With crew change not allowed during night and only two tugs available for the job, ships have to wait for as much as 48 hours to complete the task before sailing off.

The waiting time has financial implication for the ship owner.

Cochin has become a preferred destination for crew change at outer anchorage because it does not levy any charges. Whereas, other ports levy charges, and ship owners also require permission from the Customs Department to take the vessel out. At Cochin outer anchorage, ships don’t require port clearance to sail out if it is coming for crew change only.

Crew change SOP But, the SOP framed by the Immigration Department at Cochin stipulates that the ship cannot sail off until its gives clearance to the signed off crew who are brought ashore.

“If you find something wrong with the crew, take action against them. But, why

should the ship be made to wait for ten hours in outer anchorage after the crew change is completed,” the executive asked.

When a cargo laden ship deviates from its normal course to halt at a place for crew change, it is considered to be off-hired. The diversion to Cochin takes a day besides if the ship has to wait for 1.5 days waiting at anchorage after the crew change is over, it will lose hire/rental income for 2.5 days, which is a lot of money.

“To avoid the idling of vessels and the consequent loss of income, ships might as well go to some other port, pay port charges, carry out crew change and sail off,” he said.

Crew change at the outer anchorage of Cochin Port is a “blessing” otherwise, but with all this it is becoming a “burden”, he said.

“Once the off-signers leave the ship or reach ashore, the vessel should be allowed to leave,” he said, adding that crew change should be allowed during night time also in Cochin as is prevalent in other ports and the Immigration Department should have uniform rules for clearances.

Currently affected About 100 seafarers and six ships are affected by this issue and if a solution is not found, ship owners/managers will halt crew change at Cochin outer anchorage, he said.

Shipping industry sources said that it was an opportunity for Cochin Port Trust to hire more tugs from outside to expedite crew change so that more Indian seafarers can disembark from ships after spending extended time at sea and help those on shore to join ships on their next assignment.

Chennai Port Surpasses Previous Record Handling of Highest Parcel Size in Steel

T

Chennai

Port Wings News Network he Chennai Port has achieved another record in handling highest parcel size of 49,977 Tonnes of Steel on 06 June 2020 through MV Intrepid surpassing the previous record of 41,648 Tonnes handled by MV Sea Champion on 16 December 2017.

Shri. P. Raveendran, Chairman, Chennai

File Photo

Port Trust, appreciated the efforts taken by the Steamer Agent - M/s. Om Freight Forwarders Pvt. Ltd. and the port officials for the achievement.

Adani Ports on way to Achieving Cargo Throughput of 400 MT in 2025: CEO

A

Chennai

Port Wings News Network dani Ports and Special Economic Zone(APSEZ), is on the path to achieving 400 million tonnes (MT) of cargo throughput by FY25, its Chief Executive Officer (CEO), Karan Adani, said.

APSEZ, part of the globally diversified Adani Group which is the largest integrated logistics player in India, had achieved cargo throughput of 223 MT in the last fiscal.

Karan Adani in the recently released company's annual report said: “Ready for the future crisis situations like what we are witnessing can be all consuming. Keeping this in mind, our focus has been on actions that will not compromise future sustainability or impact our ability to capture opportunities that almost always arise out of a crisis.'' ``We believe our actions will allow us to emerge stronger on the other side of the crisis and put us comfortably on the path to achieve 400 Million Tonne of cargo by FY 25 and thereby make progress towards becoming one of the most valuable port companies in the world by the end of the next decade.''

He said in the company’s crisis mitigation plans are also embedded specific plans that will allow it to strengthen teams, focus on financial

management, build deeper customer relations, optimise operating processes, increase digitisation and most importantly maximise the goodwill of all stakeholders.

APSEZ’s 11 strategically located ports and terminals — Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam in Andhra Pradesh, and Kattupalli and Ennore in Tamil Nadu — represent 24 per cent of the country’s File Photo

total port capacity, handling vast amounts of cargo from both coastal areas and the vast hinterland.

The company is also developing a transhipment port at Vizhinjam, Kerala and a container terminal in Myanmar.

6

Vessel Position at Terminals - (17.06.2020 To 24.06.2020)

June 17th - 23rd Issue

7

CITPL - Chennai

CCTL - Chennai ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

18/06

19/06

CCG

NEYYAR

11

SMI

Cochin, Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

17/06

18/06

MD1

WANHAI 507

88674E

WAN

16/06

17/06

SIF

SPIRIT OF MUMBAI

25

MSC

Colombo

Krishnapatnam, West Port Klang , Singapore, Cailan, Busan, Ulsan, Shanghai, Ningbo, Yantian

18/06

19/06

COST

TCI LAKSHMI

912

TSL

Colombo

22/06

23/06

TCX NEW

XPRESS JERSEY

20006

SCM

Chennai WestPort Klang, North Port Klang, Singapore, Laem Chabang

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin

12/06

13/06

TCIX

TCI PRABHU

809

TCI

Port Klang, Singapore, Laem Chabang

19/06

20/06

FME

SUEZ CANAL

20004E

TST

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

17/06

18/06

CTS

MV.VLADIVOSTOK

130S

FAR SHIPPING

COLOMBO, TUTICORIN,COLOMBO

18/06

19/06

TUX

MV.OEL SHARVAN

20042

TWF

COLOMBO, TUTICORIN,COLOMBO

19/06

20/06

BOX

MV.XPRESS MAHANANDA

20141S

BTL

COLOMBO, TUTICORIN,COLOMBO

20/06

21/06

CTS

MV.VLADIVOSTOK

1315

FAR SHIPPING

COLOMBO, TUTICORIN,COLOMBO

NCT, Krishnapatnam

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

17/06

18/06

ECS

SSL KUTCH

190W

SHR

Cochin, Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

18/06

19/07

C13

WAN HAI 515

064E

WAN

Port Kelang(North port), Singapore, Shangha

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

18/06

19/06

ECS

SSL CHENNAI

156N

SHR

20/06

21/06

ACS

Hyundai Premium

070W

Hyundai, RCL

Krishnapatnam, West Port Klang , Singapore, Cailan- Busan, Ulsan, Shanghai, Ningbo, Yantian

Cochin, Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

19/06

20/06

ACS

HYUNDAI PREMIUM

068W

HMM

20/06

21/06

COASTAL

SSL Chennai

156

Haldia

Krishnapatnam, West Port Klang , Singapore, Cailan- Busan, Ulsan, Shanghai, Ningbo, Yantian

Mundra, Nhava Sheva, Valencia, New York, Norfolk, Charleston, Savannah, Freeport

20/06

21/06

PIX2

SSL KRISHNA

019W

SHR

Tuticorin, cochin, Pipava, Kandla, Jebel ali

21/06

22/06

TCX

X PRESS JERSEY

20006

SCA

Chennai WestPort Klang, North Port Klang, Singapore, Laem Chabang

22/06

23/06

SHTL

MAERSK KINLOSS

025W

MSK

24/06

25/06

CCG

NEYYAR

11

SIM

18/06

19/06

ECX

SSL Kutch

190

20/06

21/06

MAERSK SHUTTLE

Maersk Kinloss

025W

18/06

19/06

PIX-2

SSL Krishna

19

Maersk & Safmarine,XCL

Colombo, Salalah Mundra, Nhava Sheva, Valencia, New York, Norfolk, Charleston, Savannah, Freeport

Kakinada Container Terminal

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

16/06

17/06

ME3

MAERSK KIEL

Voy

Agent/Line

Calling Ports

MSK

Port Qasim, Nhava Sheva, Pipavav, Colombo, T.Pelepas, Tanjung, Singapore, Hong Kong, Ningbo, Pusan, Kwangyang, Qingdao, Dalian, Xingang

17/06

18/06

CIX3

OOCL HAMBURG

OCL

Jebel Ali, Mundra, Hazira, Nhava Sheva

21/06

22/06

ADHOC

MAERSK SEMBAWANG

MSK

Nhava Shiva, Mundra, Khor Al Fakkan, Port Klang, Singapore, Shanghai

NSICT - Mumbai ETA

ETD

Service

Vessel Name

17/06

18/06

MESAWA

HAMMONIA AMERICA

Voy

Agent/Line

Calling Ports

MSK

Krishnapatnam, West Port Klang , Singapore, Cailan, Busan, Ulsan, Shanghai, Ningbo, Yantian

Cochin , Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

17/06

18/06

KAK>CMB

FSL KELANG

002S

FAR SHIPPING

Halida, Colombo

21/06

22/06

KAK>CMB

FSL SINGAPORE

006N

FAR SHIPPING

Halida, Colombo

24/06

25/06

KAK>IXZ

TCI LAKSHMI

910

BOTHRA

Halida, Colombo

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

16/06

17/06

ADHOC

MCP LINZ

038

AVB

Nhava Shiva, Mundra, Khor Al Fakkan, Port Klang, Singapore, Shanghai

16/06

17/06

FME

TABEA

888E

ISS

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

17/06

18/06

ADHOC

MAERSK KINLOSS

025W

MSK

Nhava Shiva, Mundra, Khor Al Fakkan, Port Klang, Singapore, Shanghai

18/06

19/06

INDUS

NAVARINO

MSC

Colombo, Damietta Piraes Rotterdam, London

18/06

19/06

GIX

IRENES RHYTHM

PRD

Port Elizabeth, Durban, Port Louis, Jebel Ali, Mundra, JNPT, Colombo

18/06

19/06

FSVCH

FSL SINGAPORE

006S

FOC

18/06

19/06

BMM

HAZEL

PRD

19/06

20/06

MDM

WAN HAI507

88674S

WHL

Colombo

19/06

20/06

MIDAS

ROSSINI

CCA

Nhava Sheva, Mundra, Port Qasim, Singapore

21/06

22/06

CCG

NEYYAR

11

SIM

Cochin , Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

19/06

20/06

MIAX

X PRESS KARAKORAM

HLI

Nhava Sheva, Mundra, Port Qasim, Singapore

22/06

23/06

FME

SUEZ CANAL

2004E

TSL

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

19/06

20/06

IPAK

MSC ESTHI

MSC

20/06

21/06

IIX

NEGAR

RIS

20/06

21/06

INGWE

MSC NOA

MSC

21/06

22/06

IEX

BEA SCHULTE

SBG

Colombo, Damietta Piraes Rotterdam, London

21/06

22/06

MECL

MAERSK ATLANTA

MSK

Haldia, Paradip

21/06

22/06

IIX

KASHAN

RIS

Colombo, Damietta Piraes Rotterdam, London

22/06

23/06

MWE

MAERSK BROOKLYN

MSK

24/06

25/06

MESAWA

ALS FLORA

CCA

Colombo, Damietta Piraes Rotterdam, London

Krishnapatnam, West Port Klang , Singapore, Cailan, Busan, Ulsan, Shanghai, Ningbo, Yantian

Bharat Mumbai Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

19/06

19/06

SWAX

RHL CALLIDITAS

L0290

HLI

MUN, MBA, DAR, JEC, JEA

19/06

20/06

EPIC2

MADRID EXPRESS

L0283

HLI

TNG, ANR, HAM, KHI, LEH, MUN, JED, LGP, RTM

21/06

22/06

AACI

COSCO EUROPE

l0298

COS

OAK, HPH, CMB, LGB, SHA, LCH

22/06

23/06

CIX

HYUNDAI PREMIUM

L0320

HMM

KAN, PKG, SHK, NGB, KHI, SIN, MUN, PUS, DCB, SHA, HZA

As the data is received by us, sometimes even at the eleventh hour by telephonic messages from the concerned Steamer Agents, there is every likelihood of last minute changes in the data published for which and also for the printing errors occuring the Management of Port Wings is not responsible or liable.

Tata Power's Arm To Sell 3 Ships To German Company For $213 Million New Delhi Port Wings News Network ata Power on 12 June said that its subsidiary, Trust Energy Resources Pte Ltd (TERPL), will sell three ships to German company Oldendorff Carriers GmbH & Co. KG for an estimated cost of $212.76 million. The sale of the three ships, MV Trust Agility, MV Trust Integrity and MV Trust Amity, currently owned byTERPL is expected to be concluded in the next three to four weeks and is subject to necessary regulatory approvals, Tata Group company said in a regulatory filing, Business Today reports.

"Singapore-based Trust Energy Resources Pte Ltd (TERPL), a fully-owned subsidiary of The Tata Power Company Ltd (TPCL) has entered into definitive agreements with Oldendorff Carriers GmbH & Co. KG, Germany for the sale of three ships at an estimated consideration of USD 212.76

T

million," Tata Power said in a filing to the Bombay Stock Exchange.

The objective of the transaction is to have an asset-light model for the shipping requirements of the company, Tata Power said, adding that the sale proceeds will be used towards reducing the debt as part of the overall restructuring plan of the company.

Praveer Sinha, CEO & MD, Tata Power said, "The sale of our shipping assets announced today is in line with our long term plans to reduce debt and raise funds to invest in our future growth plans, including expanding our presence in the renewable energy business. The sale is also part of the restructuring within Tata Power to chalk out the roadmap for growth over the next decade."

The sale includes existing long term contracts associated with the ships with Oldendorff Carriers GmbH & Co. KG Germany, which is one of the largest dry-bulk shipping companies in the world.

June 17th - 23rd Issue

Brussels Airport Inaugurates Ultramodern Animal Care & Inspection Center Chennai

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Port Wings News Network n order to offer the best possible service in the field of animal transport, Brussels Airport has invested in a brand-new ultramodern Animal Care & Inspection Center.

There, animals can be housed and checked in the most comfortable surroundings before they continue their journey. With this new centre, Brussels Airport wants to set the standard on a European level and ensure that considerable attention is paid to the comfort of these special passengers. The temperature, the type of light and the air circulation in each area can be precisely adjusted thanks to a unique innovative system that has been developed specifically for this centre. The Animal Care & Inspection Center has been taken into use on 1 June.

Each year, Brussels Airport has thousands of animals among its many passengers. These include pets, police dogs, reptiles and horses, but also a rare visit by a panda. In order to offer the best possible service in the field of animal transport, Brussels Airport has invested in a brand-new new Care & Inspection Center, in the cargo area of Brussels Airport.

“We consider the comfort of all our passengers important, including that of the animals that travel via the airport. That is why we have, in consultation with the competent authorities, with experts and with our customers, developed this ultramodern Animal Care & Inspection Center. An animal centre that sets a new standard on a European level in the area of welfare and provides the best possible workplace for the personnel. With this we ensure that the animals

among our passengers are also housed in the very best conditions.

A service we are pleased to offer to our customers”, explains Arnaud Feist, CEO of Brussels Airport.

The Animal Care & Inspection Center includes the new border

inspection centre for the Federal Agency for Food Safety, which must check any live animal being imported in order to guarantee public health. Brussels Airport has provided, in collaboration with them, all necessary facilities in order to perform the border controls, according to the highest European standards. The employees of the Agency for Food Safety will have offices on the first floor of this new building so that the work can be performed even more efficiently.

Light, air and temperature adjusted to each animal When designing this Animal Care & Inspection Center, Brussels Airport went in search of ways of creating the best possible conditions for housing the animals.

By streamlining the processes, the throughput time will be short, but the animals that have to stay somewhat longer will be housed in optimum conditions.

There is daylight in each animal accommodation in order not to disturb the biological clock of

animals passing through. In addition, Brussels Airport is the first to have developed a unique central system which adjusts the light colour, the temperature and the ventilation for each area in line with the specific needs of each type of animal. In 10 animal accommodations, a menu including categories such as birds, reptiles, fish and ruminants, can be used to create, quickly and efficiently, the ideal climate in the one where the animal is housed.

The import and export sides in the building are completely separated from each other, also for the ventilation. In this way, no contamination is possible. The animal accommodations are flexible and can be used by both small and large animal species. On the import side, there are 4 inspection rooms (1 for horses, 2 multifunctional area and 1 cool room for insects), 7 centrally controlled animal accommodations and 10 horse stables. For export, there is no mandatory control. On that side, 4 multi-functional treatment rooms are provided and 3 centrally controlled accommodations. Outside there is also a green area for four footers who need it, whereby import and export are strictly separated.

The additional health measures required by the current corona crisis are, of course, also fully observed.

The necessary precautionary measures will be applied so that the animals passing through our airport at the moment are housed in all safety.

Brussels Airport has also aimed to make this building as sustainable as possible. It is fitted with heat transfer pumps, solar panels, a green roof and a rain water recovery system.

NHAI Becomes First Construction Sector Organisation to go ‘Fully Digital’ New Delhi Port Wings News Network s one of the biggest reform, the National Highway Authority of India (NHAI) under Ministry of Road Transport and Highways has gone ‘Fully Digital’, with the launch of unique cloud based and Artificial Intelligence powered Big Data Analytics platform – Data Lake and Project Management Software.

The entire project management work flow of NHAI is transformed from manual to online portal based, wherein the complete project execution operations including ‘workflow with time lines’ and ‘alert mechanism’ have been configured.

All project documentation, contractual decisions and approvals are now being done through portal only.

With advance analytics, the Data Lake software will forecast the delays, likely disputes and will give advance alerts. Thus apart from expediting the decision making, it will also facilitate in taking correct and timely decisions as the system is likely to predict financial impacts of different alternatives based on the historical data. This will reduce a lot of disputes.

NHAI has a history of having large number of arbitration cases pending with huge amount of claims and counter claims. Majority of the disputes are generic in nature

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like delay in handing over of encumbrance free site, shifting of utilities, idling charges of plant, machinery, equipment, manpower and delay in decisions etc. These disputes can be minimized as the

Data Lake software has provisions to keep track and check on all these constraints and will ensure work is carried out within the deadlines in a transparent manner. As all processes are going to be portal-based, decision-making is going to be faster and will eventually diminish chances of litigation in future.

The complete project documents and correspondences will be stored in Digital format in the cloudbased ‘Data Lake’ linked with GIS tagging and Unique Project ID, so that the project data can be easily retrieved as and when required from any location. NHAI’s

all contractors/ concessionaires/ consultants/Authority Engineers (AE)/ Independent Engineers (IE) and Project Directors (PDs)/ Regional Officers (ROs) have already started using it extensively.

NHAI’s e-Office module is also integrated in the system so that all correspondences can flow digitally in a secured manner from field units to HQ seamlessly.

In the current C o v i d - 1 9 p a n d e m i c scenario, when most of the organizations are facing serious challenges in working, NHAI employees are continuing their works undeterred and happily without any fear of physical contacts and touching of physical files. Rather, lockdown period was used by NHAI to train its employees about using Data Lake.

The Data Lake will bring revolutionary changes to NHAI with benefits like No delays, Quick decision making, No question of missing records, Work from anywhere/anytime.

It will enhance transparency, as all officers and stakeholders, connected with the project can see what is going on real time basis which will amount to concurrent performance audit by the seniors.

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NEWS - BITS Trafigura Releases Half Year Results Showing An Exceptional Performance In Volatile Markets Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a market leader in the global commodities industry, released its half year results. They show a strong performance by both trading divisions driven by significant volatility and dislocations in the global market, which make the physical trading and risk management activities of specialist companies such as Trafigura more relevant than ever.

Trafigura delivered a healthy profit for the first half of its 2020 financial year, 1 October 2019 to 31 March 2020, led by an exceptionally strong performance in physical oil trading. Net profit for the period rose 27 percent to USD542 million from USD426 million a year earlier.* Group revenue for the period was slightly down from the same period of the previous year, at USD82,960 million, reflecting lower average commodity prices.

Gross profit was USD3,126 million, compared to USD1,472 million, while gross profit margin for the period was 3.8 percent compared to 1.7 percent a year ago.

EBITDA for the period was a record USD2,411 million which, excluding the impact of IFRS 16 on the first half of this financial year, equated to USD1,926 million, compared to USD1,112 million in the first half of 2019.

Fincantieri Floats Out “Viking Venus” At Ancona Shipyard

“Viking Venus”, the seventh ocean cruise ship which Fincantieri is building for the shipowner Viking, was floated out today at the shipyard in Ancona. Interior fittings will now begin, leading the vessel to its delivery, scheduled in 2021.

The unit will be placed in the small cruise ship segment. As its sister ships, she will have a gross tonnage of about 47,800 tons, 465 cabins with accommodation for 930 passengers.

The Viking units are all built according to the latest navigation regulations and equipped with the most modern safety systems, including the “Safe return to port”. They also feature energy-efficient engines, optimized hydrodynamics and hull thereby reducing consumption, as well as systems which minimize pollution produced by exhaust gases, meeting the strictest environmental regulations.

Fincantieri started its partnership with Viking in 2012, trusting the shipowner who was entering the ocean cruise market as a start-up. Today, the cooperation which first began with an order for two ships, has reached a total of 20 units, including the order awarded to Vard for two expedition cruise ships and the options.

This is an all-time record, the largest number of units built by a shipbuilder for one sole shipowner.

The first of the series, “Viking Star”, has been built at the shipyard in Marghera and delivered in 2015. The other units, “Viking Sea”, “Viking Sky”, “Viking Sun”, and “Viking Orion”, handed over in 2016, 2017 and 2018, were all built at the Ancona yard, as well as “Viking Jupiter”, which joined the shipowner’s fleet in February 2019. Other 10 units, options included, will take to the sea from the Group’s Italian yards between 2021 and 2027.

APMT Rotterdam Orders Fleet Of Konecranes Noell Straddle Carriers

The APMT Rotterdam container terminal in The Netherlands has ordered a fleet of 16 diesel-electric Konecranes Noell straddle carriers. They will be delivered and handed over by the end of September 2020.

Booked in March 2020, this order continues the successful relationship between APMT Rotterdam and Konecranes that goes back to 2005. APMT Rotterdam currently operates a fleet of 41 Konecranes Noell straddle carriers.

Peter Kania, Head of Sales for straddle carriers, commented: “Our relationship with APMT Rotterdam goes back years. I’m honored to receive this vote of confidence in our straddle carrier technology. We will make sure that this fleet enters service smoothly, giving APMT Rotterdam the performance and reliability it expects from a Konecranes product. For more than a decade our straddle carriers have been the backbone of the terminal’s landside operation. We are proud to have been selected as a partner to replace the current machines as they are retired, step by step.”

The Konecranes Noell straddle carriers on order will have built-in readiness for automation. They are of the type NSC 644 E, diesel-electric machines lifting containers 1-over-3, equipped with Konecranes Noell NTS 62 F twin-lift spreaders. Three of the spreaders will be equipped with interfaces to a special snow-sweeping system.

All of the machines will be equipped with the Konecranes Noell Fleet Management System (FMS), which APMT Rotterdam already operates. This system will be upgraded to integrate the new machines, giving service personnel visibility on the status of each of them.

CUSTOMS EXCHANGE RATES Notification No.49/2020 (N.T.) ALL RATES PER UNIT

FOREIGN CURRENCY Australian Dollar Bahraini Dinar Canadian Dollar Chinese Yuan Danish Kroner EURO Hong Kong Dollar Kuwaiti Dinar New Zealand Dollar Norwegian Kroner Pound Sterling Qatari Riyal Saudi Arabian Riyal Singapore Dollar South African Rand Swedish Kroner Swiss Franc Turkish Lira UAE Dirham US Dollar Japanese Yen Korean Won

with effect from 5th June 2020

RATE (INR) Import Export 53.30 206.80 56.90 10.75 11.55 86.30 9.95 253.30 49.85 8.10 96.45 21.40 20.80 54.80 4.60 8.25 80.15 11.55 21.25 76.45 70.60 6.40

51.05 193.85 55.00 10.45 11.15 83.20 9.60 237.60 47.55 7.80 93.15 20.10 19.50 53.00 4.30 8.00 77.15 10.85 19.95 74.75 68.10 6.00

We are not responsible for any mistake. ALL RATES ARE PROVISIONAL. The rates in these column are only meant for guidance.

RNI No. TNENG/2014/59741 Postal Registration No. TN/CNIGPO/067/2018-2020 Posted at Pathrika Channel, Egmore, RMS, Chennai-8.

Date of Publication - Wednesday, Posted on Tuesday / Wednesday

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Vehicle Handling Recovering From Difficult Period at Port of Gothenburg Chennai

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Port Wings News Network he Covid-19 pandemic has had a shattering impact in many sectors throughout the world, including the automotive industry. Although vehicle handling at the Port of Gothenburg has been largely affected, there are already signs of a recovery. Logent Ports and Terminals, which mainly handles transocean vehicle volumes, have also been able to broaden its customer offering.

Vehicle handling at the Port of Gothenburg is dealt with by the terminal operators Logent Ports and Terminals, Stena Line and Gothenburg Roro Terminal.

The combined volumes at these companies make the Port of Gothenburg the largest vehicle handling port in Sweden.

The Volvo companies are the largest customers, both for exports and imports. At the end of March the Volvo companies shut down production in Gothenburg and Ghent although this did not have any major impact on the number of vehicles shipped during the first quarter, and the total fall in volumes was no more than one per cent.

“The effects of the Covid-19 pandemic will be reflected in the Q2 figures although we are already in a recovery process,” said Reine Johansson, chief executive of Logent Ports and Terminals in the Port of Gothenburg.

“We have noted a rise in vehicle exports since the end of April. At

Logent Ports and Terminals we mainly serve the overseas markets, such as the USA, Australia, Japan, and China, where Volvo continues to report good sales figures.

Even within what is termed the High & Heavy segment, which includes dumpers, excavators, trucks, and other heavy-duty

vehicles, production has restarted, and companies are reporting a steady increase in exports.

There are also significant imports of a number of passenger cars of different brands into Gothenburg, including Volvo, Nissan, and Renault, but the level of recovery is still not on a par with exports.

“But when import volumes do recover, we will have the capacity to handle more calls by vessels and higher vehicle volumes. We have large storage areas and we can offer customers rapid distribution and onward transport by rail and road,” said Reine Johansson.

As with the Port of Gothenburg as a whole, Logent Ports and Terminals has managed to keep open and operating despite the

pandemic. Absenteeism due to illness continues to be low, and all maritime and terminal handling services are operating as normal.

Flexible solutions and a broader offering It is not only vehicles that are loaded and discharged at the quayside at Logent Ports and Terminals. When the automotive industry was struck by the Covid-19 pandemic, the vehicle terminal was able to use available space for other types of freight to a greater extent than was the case previously.

“The situation has allowed us to receive more project loads using the flexible space we have at our disposal. We have the capacity and capability, with a highly versatile machine park, operated by our skilled personnel, who also secure the load once it on the vehicle or load unit,” said Reine Johansson.

“We can offer space within the customs area for both weatherprotected and open storage, as an alternative to immediate collection.

In recent years we have also worked hard to market the full scope of our offering, both in Sweden and internationally. We have seen the results, reflected in an increase in the number of enquiries for handling and storing of freight and materials, and which are also linked to the many large infrastructure projects that are currently under way in Gothenburg,” said Reine Johansson.

BMW Group Joins UECC, GoodShipping in Further Biofuel Trials Chennai

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Port Wings News Network fter having announced their three month biofuel trial, leading short sea shipowner UECC and the GoodShipping Program have now partnered with premium car manufacturer BMW Group to continue to test marine Bio Fuel-Oil (BFO) on UECC’s ‘roll on, roll off’ (ro-ro) car carrying vessels.

BMW Group joins UECC and the GoodShipping Program in the previously announced trial, where BFO is being tested on UECC’s 140m, 2,080-vehicle carrier M/V Autosky.

By covering the fuel premium for a biofuel volume corresponding to BMW Group’s freight that will be shipped on the Autosky during the trial period, BMW Group will be able to claim a CO2 emission reduction of 80 to 90% for these shipments, totalling more than 400 tonnes of carbon.

This is a significant and important step towards achieving a carbon-neutral supply chain for BMW, and is the core aim of the GoodShipping Program, which enables cargo owners to reduce their environmental footprint.

BMW Group’s participation in the project marks yet another significant step in the advancement of marine biofuel and climate friendly vehicle transportation, and contributes to enabling the continuation of biofuel deliveries to UECC after the trial period.

The first volume of biofuel was delivered to M/V Autosky on March 16, 2020 in the Port of Rotterdam.

The trial has and will see subsequent further refuelling operations between March and July 2020. M/V Autosky is currently testing BFO

on the route between Zeebrugge, Belgium and Santander, Spain.

The BFO – based on cooking oil – being used for this trial was supplied by the leading biofuel company GoodFuels. The marine biofuel ‘drops in’ to normal fuel tanks, is virtually sulfur oxide (SOx) free and delivers 80 to 90% well-toexhaust CO2 reduction versus fossil equivalents. The joint trial proves that the means to reduce the carbon footprint of transporting goods and vehicles around the world already

exist on the market and that secondgeneration advanced biofuels can be scaled to meet this demand.

Sea transportation and logistics play an important role for the BMW Group, which has production sites and vehicle distribution processes worldwide. When considering the carbon impact across the entire value chain of a car, the participation in this three month trial is a meaningful and immediate means to reduce the CO2 footprint of BMW Group’s transport logistics processes.

Daniel Gent, Energy and Sustainability Manager, UECC, said: “At UECC, we want to support our customers and enable them to make proactive, conscious choices about their cargo transportation.

BMW Group’s participation to continue our trial on our ro-ro vessel

M/V Autosky should therefore signal to the automotive sector that the means to decarbonise are readily available and that our vessels are equipped to meet this most important of challenges for the shipping industry.”

Anniek Sluis, Growth Captain, The GoodShipping Program, added: “We are delighted to have BMW Group join us for continuing this pioneering trial of marine biofuel within the ro-ro segment. Transportation logistics have a huge carbon impact, so the leadership shown by BMW Group to proactively take steps to decarbonise – and recognise that solutions are available – should act as a call for others in the sector to join us on this journey.”

The GoodShipping Program requires shippers to commit to a reduction in their sea freight CO2 emissions. The initiative works on the premise that, as all CO2 from shipping is emitted into the same atmosphere, the means of mitigating these emissions is equally impactful, regardless of which vessels adopt biofuels over traditional bunker fuels - or the amount of 'drop in' biofuel that is added to the fuel tank, as long as it offsets the CO2 costs of transporting participating shippers' cargo.

The calculation of the original CO2 footprint and the expected Scope Three emission reductions for BMW Group were made in line with the GLEC Framework, a universal method for calculating logistics emissions developed by the nonprofit Smart Freight Centre.

In the following months, further options for continuing marine biofuel uptake within the ro-ro segment will be pursued.

June 17th - 23rd Issue

DP World Successfully Concludes Acquisition of TIS Container Terminal, Ukraine Port Wings News Network ubai-based provider of worldwide smart endto-end supply chain logistics, DP World, with a global network of 123 business units in 54 countries, has announced the completion of its acquisition

owners the ability to deploy their cargo strategically across essential trade lanes that serve Eastern European markets and complement DP World's existing portfolio in Romania and Turkey.

The Ukrainian container market growth of over 20% in 2019 is an attractive market to enter. TIS

of a 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine. This follows satisfaction of specific conditions including confirmation of regulatory approval from the relevant government authorities.

This project will be DP World's second partnership with TIS shareholders, the first being our very successful partnership in the P&O Maritime Ukraine which provides harbour towage services in the principal Black Sea ports in the Ukraine.

DP World's global strategy is to become a trade enabler and solutions provider as the company looks to participate across a wider part of the supply chain. DP World has invested significantly across its Ports, Logistics & Maritime Services businesses. The aim is to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain to accelerate trade.

This acquisition will expand DP World's operations as well as strengthen TIS Container Terminal as one of the key market leading purpose-built terminals in Ukraine by leveraging DP World's global network of ports, economic zones, warehousing and inland logistics solutions.

Furthermore, this acquisition helps make Ukraine's trade more resilient during challenging economic times and gives DP World the potential to offer a unique Black Sea product by linking its terminals in Constanta and Yarimca with TIS Container Terminal using its Unifeeder network.

This suite of trade enabling solutions, coupled with our technology to remove inefficiencies in the supply chain, offers cargo

Container Terminal with excellent maritime and landside connectivity including the market leading rail connectivity is a the ideal facility for DP World in the country.

Following DP World's acquisition of SeaRates.com, a digital platform that enables customers to transport cargo worldwide, along with LandRates.com and AirRates. com. DP World has also created the Digital Freight Alliance which is an online association that brings freight forwarders globally onto one platform, giving them access to new tools, routes and services, and enabling them to do more business anytime anywhere, which can be harmonised with DP World's Ukraine footprint.

Under the terms of agreement, DP World has acquired a majority stake and will take control of the terminal operations going forward.

DP World will be a key player in the region and will look to expand the catchment of the terminal using its market leading rail connectivity.

Commenting on this important step forward, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said, "Today ushers in a new and promising era, as we expand our global portfolio in Ukraine. We are excited about this important milestone and this acquisition supports our longlasting commitment to enabling global trade. This acquisition establishes DP World in a highly attractive market, we look forwar to contributing our experience, expertise and resources to the continued development and growth of the TIS container terminal. In so doing, we will look to build on and expand the commercial success that TIS Container terminal has achieved".

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