Port Wings Maritime Exim Weekly Newspaper 15 July 2020 E-paper

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July 15th - 21st Issue

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Wednesday, July 15, 2020

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Gadkari Lays Foundation for New Economic Corridor Projects in Haryana New Delhi Port Wings News Network s part of a new economic corridor worth about Rs 20,000 Crores, Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari on 14 July 2020 inaugurated and laid the foundation stones of various Highway projects in Haryana through webcast.

The function was presided over by the Chief Minister of Haryana Shri Manohar Lal. Union Minister of State for Road Transport and Highways Gen (Retd) V K Singh, Deputy Chief Minister of Haryana Shri Dushyant Chautala, Union Ministers Shri Rao Inderjit Singh, Shri Krishnapal Gurjar, Shri Rattan Lal Kataria, NHAI Chairman Shri S S Sandhu, senior officers of the Ministry of Road Transport & Highways and officers from Haryana State Government participated in the virtual function.

The projects inaugurated include the 35.45 km 4-lane Rohna/ Hasangarh to Jhajjar section of NH 334B costing Rs 1183 crore, the 70 km 4-laning of Punjab-Haryana Border to Jind section of NH 71 costing Rs 857 crore, and the 85.36 km 2-lane with paved shoulders Jind-Karnal Highway on NH 709 costing Rs 200 crore.

Foundation stones were laid for projects including the 227 km 6-lane access controlled Greenfield expressway from Ismailpur to Narnaul on NH 152D in 8 packages costing Rs 8650 crore, the 46 km 4-lane Gurugram Pataudi-Rewari

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section of NH 352W costing Rs 1524 crore, the 14.4 km 4-lane Rewari Byepass costing Rs 928 crore, the 30.45 km 4-lane RewariAteli Mandi section of NH 11 costing Rs 1057 crore, the 40.8

km 6-lane Narnaul Byepass on NH 148B, NH 11 and Narnaul to Ateli Mandi section of NH 11 costing Rs 1380 crore, the 40.6 km 4-lane Jind-Gohana (Pkg 1, Greenfield alignment) of NH 352A costing Rs 1207 crore, the 38.23 km 4-lane Gohana-Sonipat section of NH 352A costing Rs 1502 crore, and the 40.47 km 4-lane UP-Haryana Border to Roha on NH 334B costing Rs 1509 crore.

Speaking on the occasion, Shri Gadkari said, these projects will benefit people of Haryana in big way by providing smooth connectivity within the State, as well as to other States like Punjab, Rajasthan, Delhi and Uttar Pradesh. The Minister also said that these important projects will decongest big cities reducing travel time. It will take about 2 hrs to reach Delhi Airport from Chandigarh against 4 hrs now. The projects will also save on time, fuels and cost, as also boost development

in backward areas of the State. He said, the Government is committed to progress and prosperity of the country, and Rupees two lakh crore worth of works will be completed in the first two years of this government. He recalled that the Prime Minister has conceived Rs 100 lakh crore worth of infrastructure development t o w a r d s achieving the five trillion economy. The Minister said, people in the State should consider adopting crops for bio fuels, which has the capacity to improve their all-round life. This will ensure employment opportunities within the villages, which will also stop mass migration in search of employment. The Minister said, the proposed DelhiMumbai Expressway, Trans Haryana Economic Corridor and the Gurugram-Rewari-Ateli-Narnaul are the highways of a new emerging India, which will bring development in all corners of Haryana.

Shri Gadkari requested the Chief Minister to expedite land acquisition for National Highway Projects in the State. For this purpose the issues may soon be discussed and sorted out with the Minister of State for RTH Gen. (Retd) V. K. Singh.

The Minister also called upon Haryana CM to join in the efforts for developing industrial clusters Contd. on page -2

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Shipping Ministry Approves Rs. 107 Crore for Modern Firefighting Facilities for Haldia Dock Complex of Syama Prasad Mookerjee Port New Delhi Port Wings News Network nion Minister of State (I/C) for Shipping Shri Mansukh Mandaviya has approved Rs. 107 Crore for augmentation of firefighting facilities on five jetties of Haldia Dock Complex, Syama Prasad Mookerjee Port.

The modern firefighting facility will enable the Haldia Dock Complex in safe handling of the movement of petrochemical products. The existing firefighting facility does not support the handling the LPG and other petroleum products as per the guideline of Oil Industry Safety Directorate (OISD)of the Ministry of Petroleum and Natural Gas. Ministry of Shipping has prioritized safety and security of

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cargo operation on all Major Ports.

It is a move towards compliance of global standards for fire safety.

LPG and LNG cargo on Haldia dock is projected to increase in

the near future. The state-of-theart firefighting infrastructure will help to manage the petro-chemical goods in a safe and secure manner at Syama Prasad Mookerjee Port by complying OISD guidelines.

DGFT Restricts Import of Cut Flowers Only Through Chennai Airport Chennai

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Port Wings News Network he Director General of Foreign Trade (DGFT) has said that import of cut flowers are now allowed only through Chennai airport.

"Import policy of cut flowers... continues to remain free.

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However, import will be through Chennai airport only," DGFT said in a notification dated July 9, 2020. Earlier there were no such restrictions on the import of these flowers which include Roses, Carnations, Orchids, Chrysanthemums and Lilies.

The Directorate General of foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India, responsible for execution of the import and export Policies of India. It was earlier known as Chief Controller of Imports & Exports (CCI & E) till 1991.

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July 15th - 21st Issue

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Gadkari Lays Foundation for New...

Wednesday, July 15, 2020

Wing 6 Feather 48

Corona Spares the C-suite

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he Covid-19 pandemic is turning into a jobs crisis far worse than the 2008 crisis. Women, young people and workers on low incomes are being hit hardest, according to a new OECD report and unemployment statistics.

The OECD unemployment rate edged down to 8.4% in May 2020, after an unprecedented increase of 3.0 percentage points in April, to 8.5%, the highest unemployment rate in a decade. In February 2020, it was at 5.2%.

The number of unemployed people in the OECD area stood at 54.5 million in May. The lack of variation between April and May is the result of contrasting trends.

If you are doing cutbacks to save job losses, you must lead by example and do cut backs that impacts your own day-to-day life as well. If you don’t, there is a danger that your staff will feel like saps, doing sacrifices while the C-suite continues to be unaffected. Get a commitment for a pay cut from your senior leaders. As CEO, you should take the largest salary cut yourself.

Several airline CEOs, for example, are temporarily forgoing salaries or taking pay cuts amid looming cutbacks for the industry.

On the one hand, in the United States, as the economy started to re-open, many furloughed workers went back to work, even as other temporary layoffs became permanent. On the other hand, unemployment is increasing or risks becoming entrenched in many other countries.

Continued from page -1 including MSMEs, smart cities and smart villages as also to develop Khadi and Village industries alongside the express way projects particularly the new Delhi-Mumbai Expressway. He assured the Chief Minister of all assistances in this regard.

The Minister informed about his goal for providing 5 crore jobs through MSMEs in next 5 years and enhancing KVIC turn over manifold from present level of Rs. 88000 crores per annum.

Haryana Chief Minister Shri Manohar Lal thanked Shri Gadkari for honouring the State’s requests for roads. He said, these projects will have positive impact on both the industry and the business in the State. He attributed the State’s development to its vast road network and transport facilities. The CM informed that 29406-kilometre-long roads were developed/improved in the State during the last five years. Further, budget allocations have been made for construction of

The OECD Employment Outlook 2020 says that, even in the more optimistic scenario for the evolution of the pandemic, the OECD-wide unemployment rate may reach 9.4% in the fourth quarter of 2020, exceeding all the peaks since the Great Depression. Average employment in 2020 is projected to be between 4.1% and 5% lower than in 2019. The share of people in work is expected still to be below pre-crisis levels even at the end of 2021.

Speaking ahead of a special OECD Roundtable Ministerial Meeting on Inclusion and Employment policies for the Recovery – chaired by Spain’s Minister of Inclusion, Social Security and Migrations, Mr. José Luis Escrivá – OECD Secretary-General Angel Gurría said: “Building on the swift and decisive initial response to the Covid-19 crisis, countries now need to do everything they can to avoid this jobs crisis turning into a full-blown social crisis. Macroeconomic policies must remain supportive through the crisis to minimise the risk of a prolonged slump and a lost generation of young people whose labour market prospects are durably harmed. Meanwhile, reconstructing a better and more resilient labour market is an essential investment in the future of the next generations.”

People on low incomes are paying the highest price. During the lockdown, top-earning workers were on average 50% more likely to work from home than low earners. At the same time, low-income workers were twice as likely to have to stop working completely, compared to their higher-income peers.

Women have been hit harder than men, with many working in the most affected sectors and disproportionately holding precarious jobs. The selfemployed and people on temporary or part-time contracts have been particularly exposed to job and income losses. Young people leaving school or university will struggle to find work and face the risk of long-term damage to their earnings potential.

The outlook provides a series of recommendations for where countries should focus their efforts to help people and firms through the crisis and reduce the long-term impact.

In the short term, continued support for some sectors still affected by containment measures remains vital to protect jobs and well-being. But it is important to target support to those most in need, while fostering the incentives to go back to work safely for those who can and supporting firms hiring new workers. This is vital to avoid the scars of prolonged joblessness and inactivity.

Businesses, especially small ones, will need support to implement health and Sample safety practices in the workplace.

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In the medium term, countries should address the structural gaps in social protection provisions that the crisis laid bare. This will involve strengthening adequate income support for all workers, including the self-employed, parttime and other non-standard workers. To ensure no one is left behind in the recovery, extending support for vocational education and training is crucial, as well as leveraging social dialogue and collective bargaining to enhance the resilience of the labour market.

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Sonipat and UP/Haryana BorderRohna-Jhajjar. The other two are greenfield projects – AmbalaKotputli 304 km and Gurugram Rewari-Narnaul-Rajasthan Border 132 km. Apart from these, several important projects have been taken up in the Delhi NCR areas around Haryana. These include: the 1350 km Delhi-Mumbai Expressway costing about Rs one lakh crore, the 600 km Delhi-Amritsar-Katra Expressway costing Rs 30,000 crore, the 30 km Dwarka Expressway costing over Rs 8,000 crore, the 21 km Gurugram-Sohna Road costing Rs 1630 crore, the 28 km Ambala Ring Road, and the 30 km Karnal Ring Road. In addition, other NH projects of 410 km are proposed, which will be awarded by next year. In the next 2-3 years, 1550 km long Highways and Expressways will be developed at an investment of Rs 60,000 crore.

Out of this, about Rs 12,000 crore is being distributed as compensation amount to land holders in Haryana.

JKTPO Organizes Interactive Webinar on ‘Boosting Exports From Jammu’ New Delhi Port Wings News Network ammu & Kashmir Trade Promotion Organization (JKTPO) in association with FIEO organized an interactive webinar on ‘Boosting exports from Jammu’ on 8 July 2020, according to a report in Daily Excelsior Online from Jammu.

The session was organized as a part of DGFT’s “District as Export Hub” Initiative where Jammu district has been identified for a pilot study which FIEO is undertaking.

Anoo Malhotra (Director, Industries & Commerce Department, Jammu), Vikas Gupta (Director, Handloom & Handicrafts Department, Jammu), Chaitanya Sharma (Manager, JKTPO), Neeraj Sharma (FTDO Jammu), Aruna Narula (Business Excellence Support Team, DGFT Jammu), Prashant Seth (Director, FIEO) and Nirmala Tete (Northern Head, FIEO) were present.

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The session was attended by various stakeholders from diversified sectors from Jammu viz Vijay Jain (VKC Nuts Private Limited), Lalit Mahajan (president, Federation of Industries, Jammu), RR Joshi (president, Associated Container Terminals Limited), Gagan Jain (Jammu & Kashmir Walnut Exporters Association), Rohit Gupta (MD Sarveshwar Rice) Atul Modi (Partner Prevest DenPro Limited) and Kapil Sharma (Tara Resource Group).

Anoo Malhotra in her address mentioned about key products which hold export potential from the district include carpet machining, basohli painting, walnut, honey, wool based textile, pharma and rice.

She also highlighted about the vast production of lavender which can also be explored for value addition by extracting oil for export purpose.

On the initiative to tap potential of e-commerce exports, she apprised that the discussions are being held with players like flipkart and

understanding with them to onboard local artisans, shall be worked out in some time.

Director, Handloom & Handicrafts Department, Jammu also provided a comprehensive insight on the training facilities provided by their office, as over 3000 students have been trained in this sector. The department has been undertaking initiatives for encouraging self-sufficiency in this field.

Director FIEO gave an overview of the study including objective, approach and key actionable areas to be deliberated upon. While briefing about the export trends, he highlighted that major export commodities from J&K include Drug formulations, RMG wool, carpet, cotton yarn and basmati rice.

The major concerns raised in the meeting include high logistics cost, absence of food grade labs, phytosanitary fumigation facility, ICD and awareness of schemes.

Cochin Port Trust Invites Bids For Floating Solar Projects Cochin

Contact Numbers

ROBs/RUBs at all railway crossings to prevent accidents.

Speaking on the occasion Gen. (Retd.) V.K. Singh said that implementation of the NH projects will lead to all round development of Haryana. He requested Haryana CM to consider developing Rwewary bypass project into a ring road of the city of Rewari to help its decongestion. NHAI Chairman Shri S S Sandhu informed NHAI with these projects NHAI is implementing projects work over 37000 crore in Haryna. He requested CM, Haryana to develop expeditiously and land acquisition for NH projects.

In 2014, total NH length in Haryana was 2050 kilometre, which has now been brought up to 3237 kms. The NH density of 75 km per 1000 sq km is the highest among the major States of the country. Four major corridors are being developed in Haryana, which include two brownfield projects of Jind-Gohana-

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Port Wings News Network he Cochin Port Trust has invited bids for setting up 1.5 MW (two projects of 0.75 MW) of grid-connected floating solar power projects in the backwaters, at the port’s Walkway Avenue between BOT junction and Kannangatt Bridge, according to a report in leading daily BusinessLine.

The contract will also include operations and maintenance (O&M) services for 25 years under the Renewable Energy Service Company (RESCO) model. The scope of work includes design, engineering, supply, installation, testing, and commissioning of the

1.5 MW of floating solar projects in the backwaters near the Walkway Avenue.

The port has been focusing on producing sustainable solar power to meet its energy requirements. It is also floating a tender for the development of a 350 kWp grid-connected roof top solar PV project at its premises.

The area available for the installation of the 1.5 MWp solar project is around 15,000 square metres, in terms of water bodies, and it is expected to generate ~1.5 MW of power.

The port has already installed 250 kWp solar plants at the roof tops of residential buildings and over the water storage tank of the main

pump house premises at Willingdon Island. It now generates 3 to 3.5 lakh units of power from these plants, thus saving ₹20- 25 lakh per annum, the officials said.

When new plants become operational, the total plant capacity would be 2.10 MW, which is equivalent to 25 to 28 lakh units of power per annum, saving ₹1-1.5 crore per year.

The time period for the completion of the project has been set at eight months. The financial eligibility criteria says that the average financial turnover of the bidder should not be less than ₹2.03 crore in the last three financial years ending March 31, 2019.

July 15th - 21st Issue

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Raghuram Rajan Warns Against Government To Create Conductive 'Unprecedented' Rise in NPA Levels in 6 Months Ecosystem for Manufacturing & Exporting Electronic Items: Commerce Minister Goyal Chennai

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Port Wings News Network ormer Reserve Bank of India (RBI) governor Raghuram Rajan on 14 July 2020 expressed disappointment over Finance Minister Nirmala Sitharaman's observations in a newspaper article written by her the same day, reports Business Standard.

He warned that banks were going to see an unprecedented rise in bad debts and the sooner the problem is recognised the better it would be.

At an event organised by the National Council of Applied Economic Research (NCAER), Rajan said that in her article, the finance minister talked about how wonderful Gyan Sangam had been for bank reforms, but he warned that the level of non-performing assets (NPAs) was going to be unprecedented in six months from now, if these were really recognised at their true level. Gyan Sangam is an event where policy makers meet bankers.

MOUNTING BAD LOANS IN THE FINANCIAL SECTOR Rajan, who is now the Professor of Finance at the University of Chicago's Booth School of Business, said one way to deal with bad loans was the National Company Law Tribunal (NCLT), but it had been suspended. "We are in trouble, the sooner we recognise the better it will be," he cautioned. How would the system deal with the mounting bad loans in the financial sector, he asked.

Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. "We are still talking about universal (basic income) because we can’t target transfers. Jan Dhan does not really work as advertised," he said.

The finance minister wrote that the PM Jan Dhan Yojana launched in 2014 had provided over 390 million poor people access to banks and their services. "Together they have over Rs 1.32 trillion in these accounts," her article said.

COVID PANDEMIC WAS DIFFERENT FROM A NORMAL RECESSION Rajan said not many people recognised that the pandemic was different from a normal recession.

"It is damaging the players in the

economy seriously. Households are going to be deeply starved with very low reserves. It is hard to imagine that many of them will start consuming after the initial bout of pent up consumption," he said.

Rajan cautioned that one should

not mistake pent up consumption for normal consumption.

"Our MSMEs are in deep trouble.

They started in a bad way with the series of shocks they were subject to before the pandemic. With the pandemic, a significant portion will not survive. That is true of the US with all the support. Think of India, where there is no support. How many will start up after that," he wondered.

Rajan warned that focusing on credit rating was just "nuts" in this environment.

"Credit rating does not depend on just the level of debt, it depends on how you are going to grow out of that debt. If we have a seriously damaged economy, we are not going to grow out of that debt," he said.

He said one positive in the economy was agriculture, which was doing well and the government had come out with reforms for the sector.

"These are the reforms which have been talked about for a long time, but will these be implemented?," he asked. "These can certainly be beneficial for a significant portion of our economy," he said.

The event, which also included submission of discussion papers, saw Prachi Mishra, chief India economist at Goldman Sachs, submit her paper, titled "Whither India's Economy Post-Covid-19?"

In her paper, Prachi said the discretionary fiscal support to deal with the crisis had been tepid in India. While the government claimed that its fiscal support amounted to 10 per cent of the country's GDP or over Rs 20 trillion,

Prachi said it was 1.8 per cent of GDP or Rs 3.6 trillion, lower than not only advanced economies, but many emerging market economies as well.

Even then the Centre's fiscal deficit would to balloon to 7.1 per cent of GDP, she said.

The country's debt to GDP ratio would jump to 85 per cent in the current financial year and even higher in the coming years, she said.

Prachi said markets and credit rating agencies appeared to be less worried about the worsening of fiscal and debt position in the short-term -- "in fact it is the reverse". "They appear to be more concerned about the fact that India may not have the administrative and fiscal capacity to implement a large fiscal support, and that would be a headwind to growth," her paper reads.

What would reassure markets and avoid further credit rating downgrades is not lower fiscal spending in the short-runas many perceive, but most importantly a strategy to revive growth, combined with a credible fiscal plan for the medium term.

Prachi pegged India's economic contraction at 4.5 per cent in the entire 2020-21 and 45 per cent in April-June quarter- on-quarter basis (annualised).

Economist Shankaracharya found Prachi optimistic in the sense that at this level of quarterly contraction, there would be a 10 per cent contraction for the entire financial year.

Vijay Joshi, reader in economics, Oxford University, said there should be immediate cash transfers to the needy to the tune of at least one per cent of GDP or possibly two per cent of GDP. Half of it should be funded in the normal way and the remainder through monetisation by the RBI, he said.

Former RBI governor D Subbarao said the current crisis was different from the previous crisis in three ways -- it emerged from the non-financial sector, it was geographically wide-spread and the uncertainty was much deeper now.

French Firm Louis Dreyfus’ Indian Unit Directors Face Contempt Of Court Mumbai

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Port Wings News Network he Bombay High Court on 13 July admitted a contempt petition against Alba Asia Pvt Ltd, its directors Gildas Maire and Antoine Person and Arunabh Tripathi, an employee of Louis Dreyfus, for failure to deposit ₹1,21,80,000 with the court following a February 17 order.

The amount had to be deposited within four weeks from February

17, i.e. by March 16. reports BusinessLine.

Alba Asia is the Indian unit of French shipping firm Louis Dreyfus Armateurs S.A.S. “Prima facie case is made out to admit the petition.

Petition admitted,” Justice K R Shriram, wrote in the order on the contempt petition filed by Starlift Services Pvt Ltd. The order is against a dispute between Alba Asia Pvt Ltd and Starlift Services Pvt Ltd, a Mumbai-

based crane rental company.

Starlift Services had earlier filed an arbitration petition in the Bombay High Court seeking to recover unpaid dues from Alba Asia on renting a mobile harbour crane and to initiate arbitration proceedings.

On February 17, 2020, Justice G S Patel of the Bombay High Court directed Alba Asia to deposit ₹1,21,80,000 with the court within four weeks.

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Port Wings News Network nion Commerce and Industry Minister, Shri Piyush Goyal has said that his ministry was looking at identifying select electronic items that could be manufactured in India in large scale like television sets, Closed Circuit TVs, Air Conditioners etc, and exported in large quantities.

Interacting with members of Electronics and Computer Software Export Promotion Council (ESC) through a video conference on 14 July 2020, the minister called on the industry to give specific suggestions regarding such products and the policy interventions that were required to make them competitive. The government would help in creating a conductive ecosystem for such products to be manufactured and exported.

Calling upon the electronics hardware sector to use the route of innovation, R&D, expansion of domestic footprints, and increasing exports, the minister said that industries which are more selfreliant and grew without the support of the government, have made their mark. In this regard, he flagged the trailblazing example of IT, ITeS and BPO sectors, which have established a formidable position as a solution provider and exporter. Depending exclusively on incentives, such as Exports from India Scheme (MEIS), the minister said, may not add to the competitiveness of the products since such schemes are time bound and export competitiveness should come from inherent strengths. He also underscored the need for the industry and the government to come together to implement the National Mission on Quantum Technologies & Applications (NM-QTA), which

is used for engineering solutions to extremely complex problems in computing, communications, sensing, chemistry, cryptography, imaging, and mechanics.

Referring to the need of having quality and accurate data for the software and services exports from the country, Shri Goyal said that his ministry was taking up this issue with RBI. Assuring full support to the Electronics and Computer Software sector, he said that the industry has been increasing indigenous production in the last couple of years, and expected the sector to rise to the occasion to the prime Minister’s clarion call for Aatamnirbhar Bharat. Underscoring the need for trust between the government and industry to push the Prime Minister’s vision of Aatamnirbhar Bharat, the minister said that the two should come together to tap the enormous business potentials that are unbound. “This government works towards giving industry an enabling ecosystem and it is for industry to chart their futuristic agenda not only for creating newer capacities, but also making Indian products world class and that is the essence of Aatmanribhar Bharat,” he added.

The minister unveiled the strategic paper, prepared by ESC, for augmenting India’s exports in electronics hardware and computer software. The paper contains several suggestions to accelerate India’s exports from these two sectors.

FTAs with EU, US, UK, Australia, Canada to Help Double Apparel Exports in 3 Years: AEPC Chennai

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Port Wings News Network mplementation of free trade agreements with the US, UK, European Union, Australia and Canada would double apparel exports from the country in three years, AEPC said on 13 July 2020, according to a news report in Financial Express quoting news agency the PTI. In a letter to Prime Minister Narendra Modi, Apparel Export Promotion Council of India (AEPC) Chairman A Sakthivel said that the industry has been very badly impacted in India’s principal export markets of the US, UK and Europe due to the COVID-19 pandemic, and free trade agreements (FTAs) with these regions would give a significant boost to the sector.

Although the government is taking steps to revive exports, “an important area that can supplement your efforts in this direction is improving export competitiveness through a comprehensive review of India’s trade agreements through a fast-tracked mechanism with the EU, UK, US, Australia and Canada”, he said in the letter.

Sakthivel said currently Indian industry has a duty disadvantage of 9.6 per cent in the EU market as compared with competitors like Bangladesh, Cambodia, Sri Lanka and Pakistan. Recently, Vietnam also concluded an FTA with the EU,

and most competitors are leveraging such FTAs in a big way to enhance their cost competitiveness, he said.

“There is an urgent need to have a level playing field in terms of market access and margin of preference in our biggest global market and to rectify the distortion that we are suffering,” he said .

Sakthivel added that an agreement with the US will have a significant impact on India’s apparel exports to America as the average tariff in the US is 12.5 per cent, and the peak tariff on certain items like man-made fibre based apparel, which India is promoting, is 28 per cent.

The US is India’s major destination for apparel exports with over 27 per cent share. The council also pleaded for a comprehensive economic partnership agreement with Canada and Australia.

“Canada was earlier a very large market for India. We lost a substantial share of our exports because our competitors entered into trade agreements with Canada.

With an FTA in place, we will be able to easily recapture the lost ground,” he said, adding that with these measures India will be able to increase its exports two-fold over the next three years.

India is negotiating FTAs separately with the EU, Australia, and Canada, and a limited trade pact is under talks with the US

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July 15th - 21st Issue

Governments Pledge Action For 12 Major Ports' 1.10 Lakh Hectares of Land To Be Utilised For Setting Up Industries: Minister Mandaviya Seafarers At Crucial Crew Change Summit New Delhi Port Wings News Network o propel port-led development, the government will ensure industries are set up on a chunk of the 1.10 lakh hectares of land available with India's 12 major ports, Union Minister Mansukh Mandaviya said, ET reports.

Apart from this, plans are afoot to boost cargo handling, he said.

"Major ports have among them about 1,10,000 hectare land ... A chunk of this will be used for developing industries and industrialisation for port-led development in the country. We are in the process of identifying port-led industries," Minister of State for Shipping Mandaviya told PTI. India has 12 major ports -Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), VO Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- that handle about 61 per cent of the country's total cargo traffic. These 12 ports had handled 705 MT of cargo in the last financial

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year.

Mandaviya said so far the ports' land was being utilised for earning rent.

"Land was used to get rent but earning money is not my work. My work is to generate employment, increase cargo and increase the indigenous production," the minister said.

Large portions of land belonging to major ports are under lease with various departments of the central and state governments. Interest and penal interest have been levied in cases of unpaid lease rentals, as per the annual report of the shipping ministry.

"The interest and penal interest

over a period of time have increased quite substantially which is coming in the way of settlement of lease rent.

In order to facilitate and expedite the recovery of these huge pending dues of Major Ports, Ministry of Shipping has issued 'One Time Settlement Scheme' for settlement of dues," it said.

Terming port sector development crucial for economic growth, Mandaviya said a large number of steps have been initiated for ports including capacity augmentation.

"We have a coastline of 7,500 km which can be harnessed to fuel economic growth and employment," he said.

Based on availability of land with the major ports, the Ministry of Shipping is developing various industrial zones. SEZ at JNPT (Rs 12,554 crore), Smart Industrial Port Cities (SIPCs) at Paradip (Rs 7,600 crore) and Kandla (Rs 11,147 crore) are under implementation, the annual report said.

A CAG report earlier had observed that major ports had failed to utilise close to half of the total land under their command.

Adani Ports to raise $1.25 bn through dollar bonds to part-fund KPCL deal Mumbai

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Port Wings News Network dani Ports and Special Economic Zone Ltd (APSEZ) will raise $1.25 billion through dollar bonds

to part fund the acquisition of Krishnapatnam Port Co Ltd, BusinessLine reports.

The fund-raising plan was approved by the board of APSEZ on Tuesday, the company said.

On January 3, APSEZ signed

an agreement to buy a 75 per cent stake in Krishnapatnam Port Co Ltd for an enterprise value of ₹13,572 crore, comprising equity component of ₹7,360 crore and debt of ₹6,212 crore.

KPCL runs a private deep-water port at Krishnapatnam in Andhra Pradesh’s Nellore district. It is the largest port in Andhra Pradesh and the second largest private port in India after Mundra, by volumes handled.

The deal is APSEZ’s biggest acquisition yet in India’s port sector in terms of value and size and helps it build scale in an industry that is

dominated by the 12 state-owned ports.

Also read: High drama in the run up to Adani-Krishnapatnam port deal The acquisition will give APSEZ, India’s biggest private port operator, access to the country’s largest waterfront area (for a port) of 12.5 km and a transit storage area of 6,790 acres of which 4,621 acres is in possession and the balance 2,169 acres has to be acquired from the State government. The port started operations in 2008.

Krishnapatnam, a port owned by the Andhra Pradesh government, was given to the Hyderabad-based CVR Group for development and operations on a 30-year contract beginning September 2004. The port contract can be extended up to 50 years (30+20 years).

At the time of the acquisition, APSEZ said the equity portion of the deal will be fully funded through internal accruals and cash.

Draft `Aids to Navigation Bill 2020' for public consultation issued New Delhi Port Wings News Network ith a view to augmenting people’s participation and transparency in the governance, the Union Ministry of Shipping has issued the draft of Aids to Navigation Bill, 2020 for suggestions from the stakeholders and general public.

The draft bill is proposed to replace the almost nine decades old Lighthouse Act, 1927, to incorporate the global best practices, technological developments and India's International obligations in the field of Aids to Marine Navigation.

Union Minister of State of Shipping (I/C) Shri Mansukh Mandaviya said that this initiative is part of the proactive approach

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adopted by the Ministry of Shipping by repealing archaic colonial laws and replacing it with modern and contemporary needs of the maritime industry. Shri Mandaviya also added that suggestions from the public and stakeholders will strengthen the provisions of the legislation.

He further added that the bill aims to regulate state-of-the-art technologies of marine navigation which was earlier used to tangle in statutory provisions of Lighthouse Act, 1927.

The draft bill provides for empowering Directorate General of Lighthouses and Lightships (DGLL) with additional power and functions such as Vessel Traffic Service, Wreck flagging, training and certification, implementation of other

obligations under International Conventions, where India is a signatory. It also provides for identification and development of heritage lighthouses.

The draft bill comprises a new schedule of offences, along with commensurate penalties for obstructing and damaging the aids to navigation, and non-compliance with directives issued by the Central Government and other bodies under the draft bill.

With the advent of modern technologically improved aids to maritime navigation, the role of authorities regulating and operating maritime navigation has changed drastically. Therefore, the new law encompasses a major shift from lighthouses to modern aids of navigation.

Chennai

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Port Wings News Network he commitment of 13 countries to facilitating crew changes and achieving key worker designation for seafarers has been hailed by the International Maritime Organisation (IMO), according to a release.

The 13-nation virtual meeting was hosted by the UK Government on 9 July.

The IMO Secretary General Kitack Lim while welcoming the move said: ``This step represents significant progress to help resolve a growing crisis facing the maritime industry, and enable hundreds of thousands of stranded seafarers to go home or join ships.''

In a joint statement, representatives from 13 countries expressed their deep concern about the current crisis and acknowledged that “the inability of ship operators worldwide to conduct ship’s crew changes is the single most pressing maritime operational challenge to the safe and efficient movement of global trade”.

Since the outbreak of the COVID-19 pandemic, travel restrictions and border closures imposed by Governments around the world have caused significant hurdles to crew changes and left hundreds of thousands of seafarers stranded onboard ships, or unable to join ships.

It is currently estimated that at least 200,000 seafarers worldwide are stranded on ships and require immediate repatriation, and a similar number urgently need to join ships to replace them.

This has led to a growing humanitarian crisis, in addition to concerns that seafarer fatigue and mental health issues may lead to serious maritime accidents. There are also concerns about the continuity of the global supply chain.

IMO Secretary-General Lim

applauded the pledge, by signatory countries of the joint statement, to encourage all IMO states to designate seafarers as key workers and to implement the Protocols for Ensuring Safe Ship Crew Changes and Travel during the Coronavirus (COVID-19) Pandemic, which were endorsed and circulated by IMO in May. The joint statement also acknowledges the importance of considering the possibility of waivers or exemptions from visa or documentary requirements for seafarers, and to help increase access to commercial flights to and from the principal countries of origin of seafarers.

Inaugurating the summit, Mr. Lim highlighted the importance of implementing the Protocols designed to ensure safe crew changes and called for concrete action for seafarers.

“It is time to act for seafarers. Safe ship operations and crew wellbeing should not be compromised. The humanitarian crisis seafarers face has implications for all of us, for the world economy and for the safety of life at sea and the environment,” Mr. Lim said.

The joint statement was signed by representatives from the following countries: Denmark, France, Germany, Greece, Indonesia, Netherlands, Norway, Philippines, Saudi Arabia, Singapore, United Arab Emirates, United Kingdom and United States of America.

The International Maritime Summit on Crew Changes was hosted by the United Kingdom Government and was also attended by representatives from the International Maritime Organization (IMO), the International Labour Organization (ILO), the International Chamber of Shipping (ICS), the International Transport Workers’ Federation (ITF), the UK Chamber of Shipping, Nautilus International and Maritime UK.

NCB Calls For Reforms To Address Dangerous Goods Shipments Issue Chennai

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Port Wings News Network he National Cargo Bureau (NCB) – a US inspection body authorized to certify compliance with Dangerous Goods regulations – reports that a recent inspection initiative revealed an alarming number of containers carried by sea include misdeclared dangerous cargoes that represent a serious safety risk to crew, vessel and the environment.

In a white paper published recently the National Cargo Bureau is calling upon industry to adopt a comprehensive, holistic and coordinated approach to address this worrying trend.

The inspection initiative also showed that 55% of containers were non-compliant with 43% failing to secure dangerous goods correctly within the container itself.

Approximately 6.5% of containers carrying dangerous cargoes had been misdeclared.

It has been reported that, on an average, a containership suffers a major fire every 60 days.

However, in 2019 there were nine major containership fires reported suggesting that the frequency of incidents is increasing. Tragically, these incidents often result in loss of life, severe damage to hull and cargo as well as a series of associated consequences including significant environmental impact. It is strongly suspected that these vessel incidents

were caused by issues related to poorly stowed, undeclared or misdeclared dangerous cargoes.

With more containers being carried and containerships getting bigger, risks are increasing in number, value and concentration.

Ian J Lennard, President, NCB explains: “The link between undeclared, misdeclared or poorly stowed dangerous cargoes and the increased incidence of catastrophic containership fires is hard to ignore. Because of the clear and present risk predominately to safety of life but also to ships, their cargoes and the environment, we are calling for all supply chain participants to work on a solution together.”

He went on to say: “The reasons for issues with dangerous cargoes are diverse and include a challenging regulatory environment; cargo prohibitions; more complex supply chains; and varied levels of understanding and processes.

Because of this, it is important that the stakeholders work together and adopt a range of measures that will address all potential causes.”

The NCB white paper details 12 recommendations as part of their holistic approach ranging from embracing a safety culture for dangerous goods compliance to practical measures for container and vessel inspections and monitoring.

Taken together, NCB is confident that its recommendations will be effective in reversing the current trend of increasing containership fires.

July 15th - 21st Issue

5

Financial Downturn in Neighboring Countries Opportunity in Crisis: AIAI

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Mumbai

Port Wings News Network he intensity of COVID19 related major propensity in Italy, Iran ironically in the “I” countries and in the American world gives us the insight how much China has been thrusting in each of the country economy. Said Mr Vijay Kalantri, President All India Association of Industries (AIAI).

This bells a situation similar to making colonies by the British East India Company in the 1600 and slowly taking grip of the spine of these economies.

Already, most of the Central Asian economies were being wooed by the China trust factor due to the geopolitical access.

These economies opened up their borders to the mighty Chinese not only to the building up of the silk route through their lands . But also are now under the heavy pressure of Chinese investment on their soil.

Even more, the rising distrust in the Chinese financial system which has grown post the COVID19 pandemic may remain far from the fact for a smooth exit of any relationship with the Chinese by these economies.

Earlier, the British, followed by the Americans and now the Chinese interference in the country economies seems to have failed the existence of the governmental soul in many such economies. However, the COVID19 Lockdown has pressurized and challenged many of the Chinese source of funds.

In such a situation, the closing down of many Chinese businesses is inevitable. The increasing momentum for the boycott of Chinese goods in many countries is growing like a storm in close sight.

China has chosen to aggression in the Tibet and now proceeded over the Himalayas and the South China Sea. Chinese strategy of Aggressiveness to avoid the sight of its weakness will no doubt backfire in shape of heavy losses for Chinese companies which are dependent on exports for business.

The Chinese companies have lost the market worth trillions of dollars due to the lockdown. With businesses unable to pay back and now prone to default. This has already fueled distrust in banks leading to panic withdrawal of deposits.

Apart from local banks, shadow banks which are a 3 trillion dollar industry in China, have also started to collapse. Sichuan Trust,

one of China’s largest shadow banks, has apologized to investors for missing the deadline for payments on financial products.

Vijay Kalantri The recent President All India Association gold scam of Industries (AIAI). worth billions of dollars has been reported in China. Kingold Jewelry Inc, China’s largest privately-owned gold processing and jewelry company loaned of more than 2.8 billion dollars with pure gold as collateral. However as per reports, shadow banks when claimed the gold after the company was unable to pay back, found that what the company claimed as pure gold was actually copper.

This news has sent shockwaves in the Chinese shadow banking industry and the shares of shadow banks, known as Trusts in China have collapsed detrimentally.

The non-performing assets (NPAs) of China’s local banks have grown exponentially in the last few years as the artificial real estate boom went bust and a number of companies defaulted on loans. This is a warning bell for India too, who’s real estate sector is presently experiencing this trauma.

And in this situation it becomes imperative for Government to match the demand and supply game of affordable homes and let loose the restrictions of reckoner rate in the Indian scenario. A market intensive policy needs to replace the control intensive policy. Reckoner rate should be suggestive and mandatory.

Local police in China have already started arresting people who talk about the collapse of the Chinese economy and the failure of the banks to pay back the deposits.

The 40 trillion dollars Chinese banking system undoubtedly the largest in the world is reeling under pressure due to growing defaults from companies and business, and this led to insecurity among the depositors.

Thus, the situation now going out of hand with the speed of cases of bank run going out of hand and talks of an upcoming financial crisis, the Chinese government has put restrictions on large cash withdrawals.

3 Months Extension for Re import of Cut and Polished Diamonds New Delhi Port Wings News Network n view of COVID-19 pandemic situation, the Government today extended relief to gems and jewellery sector by relaxing the requirement of re-import of cut and polished diamonds, which have been sent abroad for certification and grading, by three months.

CBIC said that this extended time period would be available to exporters to bring back cut and polished diamonds after due certification and grading by specified laboratories abroad. This extension shall apply to all cut and polished diamonds that should have been re-imported between 1st Feb. 2020 to 31st July 2020 but which could not be

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Visit:

brought back due to disruption on account of COVID-19 pandemic situation.

CBIC said that this relief was announced by suitably amending the Notification No. 09/2012-Customs dated 9th March 2012.

The re-import in the extended period would be without payment of Basic Customs Duty (BCD) and IGST. This facility is available to exporters with average annual export turnover of Rs. 5 crore for the last three years.

It may be noted that this relief is given to those exporters whose graded cut and polished diamonds were stuck abroad as the period of three months, ordinarily allowed for re-import had expired due to pandemic. A number of such consignments were also awaiting clearance with Customs.

www.portwings.in for Latest News

India’s has far too less exposure to Chinese influence and has a capacity to manufacture locally and can still bear the brunt of such a restrictive situation.

However, the Indian businesses who have set up shops overseas in China are susceptible to damaging their funds. This will no doubt put diplomatic pressure on Indo Chinese business and investment ties. Stressed Mr Kalantri.

Already, the Indo China political ties are at stake and whatever room was left to keep the trade and business ties to be in place, till all the operations concerned with Self Reliant India are established are now set to be pull their breaks.

Mr Kalantri suggests, India will thus need to fast track all its initiatives taken towards Atma Nirbhar Bharat.

First and foremost what needs to be tackled is the Indian Bureaucracy which needs to be trained for self-discipline and the second and most important is India needs to iron out its regressive laws.

Thus, India in order to progress as an Atma Nirbhar Bharat has technical problems imbibed deep in its ADMINISTRATION and not about the efficiency of its Businessmen or business climate.

All India Association of Industries (AIAI) is a premier Chamber of Commerce, an apex body representing the trade, industry and employment since 1956 . AIAI is a think tank established to suggest government about remedial measures in the changing economic scenario.

ABB To Power The World’s Largest Diamond Recovery Vessel For De Beers

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Chennai

Port Wings News Network BB wins contract from Damen Shipyards Group to deliver an advanced power system for the world’s first custom-built diamond recovery vessel.

ABB will supply an integrated power system package that will ensure the world’s largest and most technologically advanced diamond recovery vessel meets exceptional safety, efficiency and availability requirements. The vessel is being built by Damen at Damen Shipyards Mangalia on the Black Sea in Romania. Financial details of the order were not disclosed.

With a total cost of $468 million, the vessel is the largest single investment ever made in the marine diamond industry. It deploys advanced subsea crawling – a technique for recovering diamonds from the seabed. The newbuild will be delivered to Debmarine Namibia, a joint venture between the Government of the Republic of Namibia and De Beers Group in 2022. De Beers Group is the world's leading diamond company, with unrivalled expertise in the exploration, mining and marketing of rough diamonds, driving it forward since 1888.

Namibia has the richest known marine diamond deposits in the world, with Debmarine Namibia extracting some of the highest quality diamonds available anywhere from water of between 90-150 meters deep off the south west coast of the country.

Traditionally, onshore along the coastline of Namibia, diamond mining is done in open-cast mines, however, with the land-based output in Namibia expected to run out in 15 years, offshore mining is on the rise.

The new 177-meter ship has been designed by renowned Norwegian naval architects Marin Teknikk. It will become the largest ship in the owner’s fleet, exceeding the size of Debmarine Namibia’s current largest vessel, the Mafuta, by 8,000 tons displacement (vessel weight based on the amount of water displaced by the hull). It is expected to increase the shipowner’s annual production by 35 percent, contributing additional 500,000 carats to today’s production levels.

The offshore mining specialist has previously installed ABB’s power systems on board the SS Nujoma (SSN), Debmarine Namibia’s deep-water diamond exploration and sampling vessel.

“The success of the SSN, with high reliability, efficient positioning and low fuel

consumption coupled with safe operation, was instrumental in selecting the same systems for the new diamond recovery vessel, with ABB’s power systems being and integral part of the solution,” said Michael Curtis, who is heading the newbuild project for Debmarine Namibia.

The latest ABB technology will ensure that the vessel achieves unsurpassed uptime.

In addition to the advanced system for power generation, distribution and variable speed drive propulsion systems, the solution includes a large online double-conversion marine uninterruptible power supply (MUPS) to support the ship’s vital control processes, significantly reducing the risk of critical power loss and downtime. ABB’s MUPS is designed for undisrupted availability, ensuring power backup for the vessel’s onboard control systems of the subsea-crawler and processing plant that sorts through sediment lifted from the seabed to extract diamonds. ABB’s advanced and tightly integrated power system will help optimize engine loading, as well as reduce running hours and fuel costs, and decrease maintenance needs.

“ABB is trusted globally as a leading

technology company capable of delivering solutions for advanced and complex custombuilt vessels. We are delighted to be working with them as part of a landmark newbuilding project for both companies,” said Mark Vermeulen managing director Damen Offshore & Transport.

“This is a truly special ship, packed with sophisticated technology, and a project demanding an especially close relationship with the customer to ensure that optimal solutions were delivered for exact specifications,” said Juha Koskela, Managing Director, ABB Marine & Ports.

“We are thrilled to see that the team behind this advanced vessel recognizes the benefits of efficiency, safety and uptime available through integration. This success is also consistent with growing traction for ABB’s electric, digital and connected solutions across an increasing number of vessel types and operational profiles.”

6

Vessel Position at Terminals - (15.07.2020 To 22.07.2020)

July 15th - 21st Issue

7

CITPL - Chennai

CCTL - Chennai Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

NEYYAR

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

15/07

16/07

MD1

MONACO

40678E

WAN

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

PIC-2

SSL DELHI

Colombo, Tuticorin, Cochin

16/07

17/07

FME

XIN CHI WAN

52

CCO

15/07

SIF

SPIRIT OF MUMBAI

Colombo

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

16/07

17/07

COST

MCP SALZBURG

Colombo

18/07

19/07

ECH

SSL KUTCH

ETA

ETD

Service

Vessel Name

16/07

17/07

CCG

16/07

17/07

14/07

Voy

Agent/Line

NCT, Krishnapatnam ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

17/07

18/07

ACS

Hyundai Platinum

065E

Hyundai, RCL

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

20/07

21/07

CHX

Grasmere Maersk

030E

Maersk & Safmarine

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

Calling Ports

19/07

20/07

CHK

RHL ASTRUM

SH029R

MSC

Colombo

OIL

Port Kelang(North port), Singapore, Shanghai

17/07

18/07

COASTAL

SSL Chennai

6-6

18/07

19/07

Maersk Shuttle

Maersk Sentosa

029w

Maersk & Safmarine,XCL

Colombo, Salalah

SIM

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

20/07

21/07

CCG

Neyyar

0012

MSC, SCI, HMM,

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

Kattupalli ETA 15/07 15/07

ETD 16/07 16/07

Service C13 CCG

Vessel Name OOCL ZHOUSHAN VARADA

Voy 222 26

Agent/Line

16/07

17/07

ECS

SSL CHENNAI

158

SHR

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

16/07

17/07

ACS

HYUNDAI PARAMOUNT

055W

HMM

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

19/07

20/07

TCX

X PRESS JERSEY

20007

SCA

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

20/07

21/07

SHTL

MAERSK SENTOSA

Q4C

MSK

22/07

23/07

CCG

NEYYAR

012W

SIM

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

Haldia

Kakinada Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

14/07

15/07

KAK>CMB

RHL AURORA

SH02BR

SAMSARA SHIPPING

Halida, Colombo

17/07

18/07

KAK>KR

SSL KUTCH

191

IMPERIAL

Halida, Krishnapatnam

19/07

20/07

KAK>IX

TCI SURYA

720

BOTHRA

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

15/07

16/07

CTS

MV.VLADIVOSTOK

138S

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

16/07

16/07

CI II

MV.WAN HAI 517

055E

OMEGA

TUTICORIN, PENANG, PORT KELANG, HONG HONG, QINGDAO, SHANGHAI, NINGBO, SHEKOU

16/07

17/07

TUX

MV.OEL SHARVAN

20049

TWF

COLOMBO, TUTICORIN, COLOMBO

20149S

BTL

COLOMBO, TUTICORIN, COLOMBO

139S

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

17/07

18/07

BOX

MV.XPRESS MAHANANDA

18/07

19/07

CTS

MV.VLADIVOSTOK

NSICT - Mumbai ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

15/07

16/07

ME3

MAERSK KYRENIA

MSK

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

16/07

17/07

INDUS

MSC MARIANNA

MSC

Colombo, Damietta Piraes Rotterdam, London

16/07

17/07

INGWE

MSC VALENCIA

MSC

17/07

18/07

IPAK

MSC ASYA

MSC

19/07

20/07

MECL

MAERSK COLUMBUS

MSK

20/07

21/07

MWE

MAERSK BROOKLYN

MSK

20/07

21/07

AIM

WESTERMOOR

HLI

Colombo, Damietta Piraes Rotterdam, London

21/07

22/07

IEX

SONGA ANTOFAGASTA

SBG

Colombo, Damietta Piraes Rotterdam, London

22/07

23/07

IMED

MSC MARINA

MSC

Nhava Sheva, Karachi, Pipavav, Colombo, Port Klang, Singapore, Caimep, Shekou, Hong Kong, Osaka

22/07

23/07

IIX

YARAN

RIS

Colombo, Damietta Piraes Rotterdam, London

Haldia, Paradip

Bharat Mumbai Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

15/07

16/07

ADHOCMHIMALAYA

MSC KATRINA

L0419

MSC

MUN, KAC, GIT, SIE, FXT, RTM, HAM, ANR, SLL, IST

17/07

18/07

SWAX

BERMUDA

L0440

CMA

MBA, DAR, MUN, JEA, JEC

17/07

18/07

EPIC2

EDISON

L0439

CMA

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

19/07

20/07

ADHOCI INDMAX

EXPRESS ROME

L0430

HLI

MUN, DAM, NYC, ORF, CHS, SAV

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.

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

15/07

16/07

VKS

ASIATIC DAWN

017

SSL

15/07

16/07

CVK

MSC JANIS

XA028A

MSC

16/07

17/07

ADHOC

MCP LINZ

41

AVB

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

17/07

18/07

MDM

MONACO

40678E

WHL

Colombo

19/07

20/07

CCG

NEYYAR

0012

SIM

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

20/07

21/07

FME

XIN CHI WAN

52

COS

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

22/07

23/07

CHX

RIO CENTAURUS

030E

MSK

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

NHAI To Collaborate With Premier Technical Institutes For Improving Highway Infrastructure New Delhi Port Wings News Network n its endeavor to provide world-class National Highways (NH) network, NHAI has approached all IITs, NITs and reputed Engineering Colleges to collaborate and adopt nearby stretches of NH, on voluntary basis, as part of Institutional Social Responsibility (ISR). The objective is to leverage the intellectual prudence of students and faculty towards improvement of road infrastructure ecosystem of the country. The Institutes along with its faculty and students have better appreciation of local requirement, topography, resource potential etc. and these vital inputs can be utilized by NHAI during different stages of pre-construction, construction and operation of NH stretches. This decentralized approach, besides building a sense of participation in decision making, also provides an opportunity to the students for hands-on-learning, option for internship and future areas of research. The adoption of stretch by the Institute opens avenue for access to important data, which can be used to improve the quality and safety aspects of NH and enhance local capacity of the Institute in terms of advanced Lab and Simulation systems.

Adoption of NH stretch by an Institute would facilitate stakeholder engagement and help to mitigate the routine local problems such as traffic movement, congestion and immediate

I

identification of accident-prone sites. The Highway users become more empowered in resolving local problems through the Institute and the Authority. Such instances would help NHAI in understanding the local needs both in present and future projects, improve the maintenance & riding comfort and develop

wayside amenities for enhanced user experience.

The overall outcome shall be commuter friendly and enjoyable ride on the NH stretch.

Large number of IITs, NITs and Engineering Colleges have opted to join the scheme and NHAI officers have started mutual consultation with Directors of the interested Institutes.

Memorandum of Understanding (MOU) are being signed between the individual Institutes and NHAI for institutionalization of the scheme and bring reformative improvements in the road infrastructure of the country.

July 15th - 21st Issue

Virgin Atlantic Airline Positions Itself for Post Covid-19 Future Chennai

V

Port Wings News Network irgin Atlantic has reached a major milestone towards securing its future today (14 July 2020), by announcing plans for a private-only solvent recapitalisation of the airline, following the severe impact of the Covid-19 pandemic on the global economy, the nation and the travel and aviation industry.

A Solvent Recapitalisation of Virgin Atlantic Virgin Atlantic has taken a big step forward in securing its future, by launching a court backed process as part of a solvent recapitalisation of the airline and holiday business, with a Restructuring Plan that once approved and implemented, will keep Virgin Atlantic flying.

The Restructuring Plan is based on a five year business plan, and with the support of shareholders Virgin Group and Delta, new private investors and existing creditors, it paves the way for the airline to rebuild its balance sheet and return to profitability from 2022.

The recapitalisation will deliver a refinancing package worth c.£1.2bn over the next 18 months in addition to the self-help measures already taken, including cost savings of c.£280m per year and c.£880m rephasing and financing of aircraft deliveries over the next five years.

To secure approval from all relevant creditors before implementation, the Restructuring Plan will go through a courtsanctioned process under Part 26A of the Companies Act 2006 (the “Restructuring Plan”). With support already secured from the majority of stakeholders, it’s expected that the Restructuring Plan and recapitalisation will come into effect late Summer 2020.

Decisive action underpins the Restructuring Plan Global aviation was one of the

first industries impacted by the Covid-19 pandemic and will be one of the last to fully recover. From the start, the airline took decisive action to ensure its survival. In March, the Leadership Team took voluntary pay cuts and since April, more than 80% of the workforce has benefitted from the Government’s Coronavirus Job Retention Scheme, supporting efforts to preserve cash and minimise costs. In Q2, flying fell by 98% and in the second half of 2020, capacity is expected to reduce by at least 60% compared to 2019, with pre-crisis levels of flying unlikely to return until 2023. With the suspension of passenger flying in April, the airline delivered an unparalleled network of cargo-only flying, operating more than 1400 cargo flights in April, May and June.

In May, the difficult decision was taken to reshape and resize in order to emerge from the crisis sustainably profitable, and regrettably the airline had to reduce the number of people it employs by 3,550 across all functions.

Having closed its London Gatwick base, while retaining a slot portfolio at the airport to protect opportunities for future growth, leisure flying is now consolidated at London Heathrow and Manchester. By 2022 Virgin Atlantic will fly the same number of sectors as 2019 despite its smaller scale, demonstrating productivity and efficiency improvements. The airline will operate a streamlined fleet of 37 twin engine aircraft following the retirement of 7 x 747s and 4 x A332s by Q1 2022, with rescheduled delivery of outstanding A350s and A339s.

Returning to the skies From 20 July Virgin Atlantic will restart passenger flying and has a vital role to play in supporting the UK economy as it recovers from the impact of the pandemic.

Virgin Atlantic and Virgin Atlantic Holidays will continue to support

global supply chains and flying customers safely to the places they love to travel. While demand will be slow to recover, Virgin Atlantic will ensure its customers always feel confident to fly by continuing to prioritise the health, safety and security of its people and customers throughout their journey.

Sustainability remains central to the airline, and its simplified fleet will be 10% more efficient than it was pre-crisis.

Shai Weiss, CEO, Virgin Atlantic commented: “Few could have predicted the scale of the Covid-19 crisis we have witnessed and undoubtedly, the last six months have been the toughest we have faced in our 36-year history. We have taken painful measures, but we have accomplished what many thought impossible. The solvent recapitalisation of Virgin Atlantic will ensure that we can continue to provide vital connectivity and competition to consumers and businesses in Britain and beyond.

We greatly appreciate the support of our shareholders, creditors and new private investors and together, we will ensure that Virgin Atlantic can emerge a sustainably profitable airline, with a healthy balance sheet.

“Once our plan is approved, we will continue to focus on providing our customers with the service they have come to expect. Despite the incredible efforts of our teams, through cancelled flights and delayed refunds we have not lived up to the high standards we set ourselves, but we will do everything in our power to earn back their trust.

“While we must not underestimate the challenges ahead and the need to continuously respond to this crisis, I know that now, more than ever before, our people are what sets us apart. I have been humbled by their support and unwavering solidarity throughout.

The pursuit of our vision continues and that is down to each one of them.”

For The First Time, Indian Railways Loads Special Parcel Train To Bangladesh New Delhi Port Wings News Network or the first time the Indian Railways, loaded special Parcel train beyond the country borders to Benapole in Bangladesh with Dry Chillies from Reddipalem in Guntur District of Andhra Pradesh state.

Guntur and its surrounding areas in the state of Andhra Pradesh are well known for Chillies cultivation.

The quality of this farm produce is internationally renewed for its uniqueness in taste and brand.

Earlier, the farmers and merchants in and around Guntur area have been transporting Dry Chillies by road to Bangladesh in small quantities and that was costing around Rs 7000 per tonne. During the lockdown period, they could not move this essential commodity by Road. Then Railway staff and Officials approached the consignors and explained the facilities to transport by Rail.

Accordingly, they have moved the Dry Chillies by Rail in bulk through goods trains. But for moving the consignment by Goods trains, it is mandatory for the farmers and merchants to mobilise the quantity in bulk i.e. at least more than 1500

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tonnes in each trip.

To mitigate this problem and to facilitate the Rail users to move their quantities in smalls i.e., up to a maximum of 500 tonnes in each trip, Guntur Division of South Central Railway took the initiative and

moved the Special Parcel Express to Bangladesh. This has helped the farmers and merchants of Guntur to market their farm produce beyond the country border by transporting the Dry Chillies in small quantities through Special Parcel Express.

Accordingly, one Special Parcel Express train consisting of 16 Parcel Van moved to Benapole in Bangladesh. Each Parcel Van was loaded with 466 Dry Chillies bags, weighing around 19.9 Tonnes

and the total weight carried by the Special Parcel Express is around 384 Tonnes. The cost per tonne for carrying by Special Parcel Express is Rs. 4,608 and which is very cheap and economical as compared to Road transport which is amounting to Rs. 7,000 per tonne.

It may be noted that Indian Railways has taken a series of steps to boost parcel train traffic during the Covid period.

Transportation of essential items like medical supplies, medical equipment, food, etc in small parcel sizes are a very important items that needed for business as well as consumption purposes. In order to fill in this vital need, Indian Railways has made railway parcel vans available for quick mass transportation

by E-Commerce entities and other customers including State governments. Railways has been running time-tabled Parcel Special trains on select routes, to ensure uninterrupted supply of essential items.

The total of 4434 parcel trains have run 22.03.2020 till 11.07.2020,out of which 4,304 have been time-tabled trains.

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NEWS - BITS COMSAT bolsters Inmarsat network with increased C-band and L-band capabilities

COMSAT, the global satellite connectivity solutions provider, is extending the life of Inmarsat’s existing satellites through the leasing of an additional antenna at COMSAT’s Santa Paula, CA. Teleport.

The newly leased 12.8m antenna is transmitting and receiving in both C-band and L-band frequencies, bolstering capacity for the Tracking, Telemetry and Command (TT&C) and traffic operations of the Inmarsat satellite network. The Santa Paula teleport hosts Inmarsat’s Standard C equipment, supporting Inmarsat in delivering the most reliable globalstandard maritime safety service.

The additional C-band and L-band capacity is a key part of Inmarsat’s global network, providing robust, reliable life and safety communications for more than 1.6 million seafarers worldwide. The renewal of the existing agreement strengthens the long-standing business relationship between the two companies and builds on their heritage of providing the maritime industry with an invaluable communication lifeline that is unaffected by inclement weather.

“This contract reaffirms Inmarsat’s commitment to utilizing COMSAT’s Santa Paula and Southbury teleports to provide this vital service for the international maritime community,” said David Greenhill, COMSAT CEO. “As the original providers of Marisat operations which launched in 1976, COMSAT has a long and strong heritage of providing life-saving satellite communication services at sea. Technology has changed significantly since the original constellation was launched but what hasn’t changed is our commitment to providing a global service that keeps the seafaring community connected at all times no matter the weather or where they are in the world. We are proud to continue to work with Inmarsat for the benefit of the seafaring community.”

Jason Smith, COO, Inmarsat said: “The COMSAT teleport is an integral part of our global network that provides critical communications service for our maritime customers. With the satellite connectivity supported by the COMSAT teleports, we continue our commitment to provide essential and robust connectivity to the maritime community.”

Straatman BV Built Solar-Powered Mooring Systems For Port Of Hamburg

Straatman BV says a newly-built berthing area in the Elbe River is powered by nineteen solar panels. The panels provide power to quickrelease mooring hook units with integrated capstans. Following the Port of Rotterdam, the Port of Hamburg is the second major port to opt for this sustainable solution.

The solar panels might be the first thing to catch the eye. But the innovation of these solar-powered mooring systems, built by Dutch maritime innovator Straatman BV, lies beneath the surface of the water.

Traditional solutions depend on underwater power cables. The challenges are well-known. The installation of the cables is a time-consuming, costly and high-risk operation. Moreover, it is not uncommon for the power lines to be damaged by anchors or during dredging activities. Equipment that is (unexpectedly) out of order can compromise the safety of mooring operations and repairing the damaged lines involves the same costs and risks of installing the cables.

Solar-powered solutions seek to avoid these issues by removing the need for underwater cables altogether. By doing so, the lead time for the construction of dolphins and berths is reduced. Maintenance costs are low, as has been proven in the Port of Rotterdam. And of course, using solar energy reduces energy costs and fits within a vision of sustainability.

Hamburg’s port authority also cited reliability as an important factor in their choice. These benefits in the construction and operation of mooring dolphins have not gone unrecognised. The solar-powered mooring systems have won the IHS Port Innovation award and have been listed #1 in the ‘Sexy top 5’ of Maritiem Nederland.

CUSTOMS EXCHANGE RATES Notification No.55/2020 (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 (100) Korean Won (100)

with effect from 3rd July 2020

RATE (INR) Import Export 53.45 206.70 56.50 10.85 11.60 86.60 9.90 253.60 50.35 8.10 96.00 21.25 20.80 55.10 4.60 8.25 81.40 11.35 21.25 76.40 71.60 6.50

51.15 193.70 54.60 10.55 11.20 83.55 9.55 237.75 48.05 7.80 92.75 19.95 19.50 53.30 4.30 8.00 78.35 10.70 19.95 74.70 69.00 6.10

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

8

TAPA, BSI Join Hands To Support Growth of Security Standards Certifications Chennai

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Port Wings News Network he Transported Asset Protection Association (TAPA) has entered into a strategic partnership with the supply chain services and solutions division at BSI to support the digital transformation of its supply chain Security Standards audit processes and to increase its members’ access to new levels of risk management intelligence and incident data.

At the forefront of the collaboration in TAPA’s Europe, Middle East & Africa (EMEA) and Asia Pacific (APAC) regions will be the use of BSI’s Supply Compliance Manager (SCM) online auditing tool to enable the Association’s Independent Audit Bodies (IABs) to automate the certification processes for TAPA’s Facility (FSR), Trucking (TSR), Parking (PSR) and Guarding (GSR) Security Standards. TAPA Americas is also evaluating the new tool with a view to its future adoption.

Following the 1 July 2020 launch of the latest revisions of TAPA’s Facility Security Requirements (FSR) and Trucking Security Requirements (TSR) in EMEA and APAC, the tool will help to support the acceleration of TAPA certifications, which are already at their highest-ever level. It will give the Association: Access to previously unavailable data and reports; Scalability to manage international demand for TAPA Standards from Manufacturers and Logistics Service Providers; Oversite of IAB performance versus KPIs; Automation of corrective actions, waiver capture and processing,

with access to archive data; Data sources for Standards revisions and repeat non-compliances; and Future opportunities to customize reports and key findings for members with multiple certifications.

TAPA’s IABs will benefit from using a standalone tool for the Association’s certification program to ensure consistency and compliance with TAPA’s requirements.

Thorsten Neumann, President & CEO of TAPA EMEA, said: “Our digital transformation in EMEA is going to change the way we do business by improving our processes, giving us the ability to manage growth without significant increases in overhead, and increasing not only the benefits we deliver to our members but also to ultimately give them access to digital selfservice platforms to access accurate data, support and intelligence.

Thorsten Neumann stated: “The launch of our updated FSR and TSR Standards comes at a time when the international focus on supply chain resilience has never been greater as companies prepare for the ‘new normal’ in a post-COVID world.

Demand for our Security Standards

is rising like never before. BSI’s auditing tool will ensure we deliver faster and more visible certification solutions via both our IAB partners and self-certification solutions.

With BSI, we have the opportunity to build a relationship with a long-term partner which manages audit and supply chain compliance programs for multiple Fortune 500 companies in more than 90 countries. Leveraging this knowledge and expertise will help us deliver more services and solutions to our members than ever before and enhance our strong innovation agenda.”

Shelley Sjerven, SCM Practice Director, BSI, said: “Our partnership and shared commitment to ensuring supply chain resilience has always underpinned our relationship with TAPA. We are delighted to continue to be a part of TAPA’s strategic digital transformation program and look forward to bringing an innovative approach to meeting TAPA’s objectives.

Leveraging the SCM tool will enable TAPA to provide increased transparency through improved analytics and drive efficiencies with streamlined processes through digitized technology. SCM has many new and innovative features that enable greater personalization, deeper visualization and analysis, and connectivity to futuristic technologies. The platform is utilized globally by many industries concerned about resilience within their supply chain including security, cyber, business continuity and sustainability.”

Singapore Secures Top Spot as Global Shipping Hub for 7th Consecutive Year Chennai

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Port Wings News Network ingapore retained its position as the world's most important shipping hub on the XinhuaBaltic International Shipping Centre Development (ISCD) Index, reports The Straits Times.

This is the seventh consecutive year Singapore is ranked first on the index, thanks to its advantages of geographical location, shipping industry ecosystem and supportive government policies, according to the Xinhua-Baltic Report 2020 which was released on July 11.

The ISCD Index is published by the Baltic Exchange in collaboration with Chinese state news agency Xinhua. The index provides an independent ranking of the performance of the world's largest cities that offer port and shipping business services.

Baltic Exchange CEO Mark Jackson said that while the latest report reflects the pre-Covid-19 period, port cities that continue to build on their strengths will be able to communicate a clear vision for the future.

"We call on all the main shipping hubs to continue investing in education, R&D and new services; remain open to global talent and offer an attractive international business environment," he said.

The Baltic Exchange, which is headquartered in London, was acquired by Singapore Exchange in November 2016.

Maritime and Port Authority of Singapore chief executive Quah Ley Hoon said: "This good news comes amidst the Covid-19 gloom. The real test will be how we bounce back in a world shaken by an unprecedented crisis."

She said that Singapore will

continue to rally governments and the global shipping community to work together and emerge stronger from the crisis caused by the pandemic.

"Within Singapore, we stand united with our maritime companies, industry partners and unions, and will strive to maintain our position as a leading International Maritime Centre and a global hub port," she said.

The report showed London climbing back to the second place on the ISCD Index thanks to advantages accruing from providing high-end shipping finance, insurance and legal services. In 2018 and 2019, London occupied the third place on the index.

Shanghai, the biggest port in terms of container throughput, climbed to the third spot this year, helped by steady improvement in port facilities and shipping service levels.

Meanwhile, Hong Kong fell to fourth place mainly due to a decrease in cargo throughput and a drop in rankings relative to other centres in areas such as ship brokerage, insurance and legal services.

Dubai, the preeminent shipping hub in the Middle East, ranked fifth for the third consecutive year.

Rotterdam and Hamburg have also retained their positions since 2018, ranking sixth and seventh respectively.

Benefiting from an improving business environment, Athens rose to the eighth slot.

New York-New Jersey slipped by one place to the ninth position, while Tokyo rose one spot, returning to the ranks of the top 10.

Mr Xu Yu Chang, president of the China Economic Information Service, a wholly-owned company of Xinhua, said: "I believe the continued release of the Index will further contribute to sustainable global economic growth by optimising shipping resources worldwide as well as promoting the scientific development of international shipping centres."

July 15th - 21st Issue

Microsoft, C.H. Robinson Form Alliance for Future of The Digital Supply Chain Chennai

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Port Wings News Network .H. Robinson and Microsoft Corp. on 14 July announced they are joining forces to digitally transform supply chains of the future by combining the power of C.H. Robinson’s Navisphere®, Microsoft Azure and Azure IoT to meet the changing demands of evolving global supply chains.

Through this alliance, the companies aim to enable real-time visibility for C.H. Robinson customers.

Commenting on the development, Chris O’Brien, chief commercial officer, C.H. Robinson, said, “The pace of change we’re seeing in the supply-chain industry today is unparalleled. Being able to quickly scale and adapt our technology is what helps give our customers a competitive advantage.”

Chris O’Brien stated: “As we continue to invest and enhance our technology built by and for supplychain experts, we look to partner with other best-in-class companies that bring the most value to our customers. Through Microsoft’s Azure cloud platform, we gain more scalability, premier data security and increased application speed, which benefit our customers and carriers around the world.”

Through this collaboration, Navisphere — C.H. Robinson’splatform — will now leverage Azure IoT Central to integrate IoT device monitoring that measures factors such as temperature, shock, tilt, humidity, light and pressure in shipments to give customers an even more detailed level of intelligence about goods as they move through the supply chain. Together, C.H. Robinson and Microsoft work with many of the Fortune 250 companies, which means this alliance makes it even easier to scale and develop

new solutions to provide the world’s largest shippers with greater supplychain efficiency, real-time insights and visibility.

Sam George, corporate vice president, Azure IoT, Microsoft, said, “We are committed to providing customers with a trusted, easy-to-use platform so they can build seamless, smart and secure solutions regardless of where they

are on their IoT journey.”

Sam George stated: “We’re thrilled to collaborate with C.H. Robinson as it transforms the supply-chain industry by leveraging our Microsoft Azure and Azure IoT solutions.”

The new collaboration builds on C.H. Robinson and Microsoft’s already rich history of working together. Navisphere Microsoft’s global supply chain, giving the company real-time visibility into inventory, at rest or in motion anywhere in the world. In addition, in collaboration with Microsoft, C.H. Robinson built Navisphere Vision, a global real-time visibility product that leverages Azure IoT solutions, machine learning and predictive analytics to assess potential disruptions across supply chains.

“The supply chain of the future is smarter, less volatile and can be navigated with a new level of visibility thanks to the power of this relationship. Through this collaboration, our customers receive a greater competitive edge, as well as industry-leading insights and expertise,” said Jordan Kass, president of Managed Services at C.H. Robinson.

OneOcean Streamlines Voyage Solutions Chennai

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Port Wings News Network he global leader in digital compliance and navigation services, OneOcean has unveiled a slew of latest online voyage solutions for the shipping, cruise line, and superyacht industries, according a company statement.

The restructured solutions will help the fleet owners and shipping managers solve multiple navigation and compliance issues while enabling their ship and shore side teams communicate with each other much more effectively.

OneOcean’s software covers all aspects of voyage optimisation, drawing on the company’s diverse range of passage planning, compliance, safety and environmental products. The unique solutions can be tailored to customer requirements.

The software collates, integrates and analyses marine data in real time, providing both onshore teams and onboard crew accurate and up to date information to help them make the best decisions.

Commenting on the launch of solutions, OneOcean’s CEO, Martin Taylor, said: “We have a rigorous research and development programme, which has enabled us to create enhanced voyage solutions that break down the barriers between ship and shore to deliver more connected, transparent and efficient results for our customers.

The breadth of our products is now wider and more integrated so that onboard and onshore teams can truly work as extensions of each other. This aids operational efficiencies at a wider level, across multiple areas of the business.

For the first time, the maritime industry has access to compliance and navigation services that are completely tailored to their needs.”

OneOcean’s Chief Strategy Officer, Nicholas Bourque, said: “Traditionally, each of our products served specific functions. We have really focused on broadening our approach by looking at the overlapping problems that affect many operational departments but are all part of the same workflow.

Our latest solutions development has focused strongly on improving the connectivity of data allowing crews and teams to access identical information.

Mapped into four core areas – Passage Planning, Compliance, Safety and Environmental – OneOcean’s redesigned website has a fresher look and a more fluid, user-friendly interface, which will enable new and existing customers to easily browse through the breadth of integrated solutions available via the company’s world leading OneOcean platform.

OneOcean solutions solve multiple issues and integrate with existing monitoring and management systems, supplying both onshore and onboard teams with the crucial real-time information they need, when they need it.

Port Wings - Maritime Exim Weekly Newspaper : Published by K.Sivakumar on behalf of Universal Media Associates, Old No.72, New No.149, 1st Floor, Srinivasa Complex, Linghi Street, Mannady, Chennai - 600 001. And Printed by V.Meganathan at Web Kingdom, No.115, Jani John Khan Road, Royapettah, Chennai – 600014. Editor: K.Sivakumar.