Port Wings Maritime Exim Weekly Newspaper 4 Nov 2020 Issue

www.portwings.in

For All Type of Marine & General Insurance

Nov. 4th - 10th Issue

SANCO TRANS LTD

Also undertaking Life and Mediclaim Policies Contact:

K.Sivakumar,

M.Sc, B.L.,

Insurance Advisor

Off: Srinivasa Complex, No.72,/149, Linghi Street, Chennai - 600 001.

Ph: 044-25260381 Mob: 9444222056 E-mail: mugavaishiva@gmail.com

Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741 Wednesday, November 4, 2020

8 Pages

Nitin Gadkari for Double-decker Flyover Between Chennai Port and Maduravoyal Chennai

U

Port Wings News Network nion Minister for Road Transport and Highways Nitin Gadkari, who visited Chennai on 28 October 2020, suggested that the elevated flyover between Chennai Port and Maduravoyal could be built in

double-decker model, according to a news report in leading daily The New Indian Express.

The State has been asking for three ramps to be provided on the stretch. “The construction of double decker flyover, would increase the project cost substantially, from Rs 3,100 crore to Rs 5,000 crore. The Centre may consider waiving off GST for cement and other materials, and thereby reduce the cost by Rs 400 crore.

In addition, we are ready to bear Rs 1000 crore expenditure additionally.

It’s up to the State government to decide on this,” Gadkari told reporters after meeting the Chief Minister Edappadi Palaniswami here.

Justifying his suggestion Gadkari said if three ramps provided for the proposed elevated corridor,

vehicular congestion will not see any improvement towards Port.

“The double decker flyover will provide relief for traffic congestion for the Chennai for next 20 to 25 years,” said Gadkari.

He also urged the State to expedite the land acquisition for Port - Maduravoyal elevated flyover. The Centre agreed to hand over two NH stretches in the State to Public works department.

“We are planning to commence the construction works before January 2021-22.”

GUIDANCE TAMIL NADU LAUNCHES YAADHUM OORAE WEBSITE In a bid to tap into the Tamil diaspora spread across the world, Guidance Tamil Nadu has launched the website yaadhumoorae.in, which will act as the central portal for diaspora outreach. This comes as the three-day global Yaadhum Contd. on page -2

`12

Wing 7 Feather 12

Authorized Economic Operator

Mob : 9884085285

Exporters’ Forum Seeks Waiver of Charge For Ship Crew Change Chennai

T

Port Wings News Network he exporters’ forum members in the city have called upon the Ministry of Ports to waive the ₹3 lakh deposit sought by the Kerala Maritime Board to facilitate crew change of international ships, according to a news report in leading daily The Hindu.

They also took up the issue with Minister for Ports Kadannappally Ramachandran when he visited the Beypore port for flagging off the new tug, Dhwani, on 29 October 2020.

A functionary of the exporters’ forum said such a hefty charge for securing the No Objection Certificate for the purpose was unheard of in the country and it was reportedly set by the Directorate General of Shipping. He said that such rules would put off the spirit of willing international vessel operators who had previously expressed interest in crew conducting change here.

A leader of the Calicut Chamber of Commerce and Industry said the international ship operators from

FumiGATiON SeRViCeS pVT LTD.,

36

Suez and Persian Gulf had already been sent invitations for starting crew change at Beypore. The strange rules might dissuade them from trying it, he said.

The exporters’ forum also called for more efforts on the part of the State government to promote the movement of cargo through seaports. They said that the cargo of handloom from Kannur and spices from Wayanad and perishables from Coorg, and footwear from Kozhikode were mostly shipped to the port by road using trailer trucks and the exporters had to pay ₹18,000 to ₹20,000 for this.

Meanwhile, Mr. Ramachandran told the forum leaders that the possibilities of starting a vessel service between Kozhikode and Mangaluru was under consideration.

The task was with the Kerala Shipping and Inland navigation Corporation, he said.

During the discussions, the Minister also reviewed the scope of introducing other basic infrastructure apart from the Electronic Data Interface clearance facility that is required for speedy customs examination of the cargo. The possibility of opening a separate space for immigration and a port health office with better infrastructure were also discussed for the smooth functioning of international transshipment.

Follow us in twitter @portwingsnews Visit

www.portwings.in Experts in wooden pallet fumigation and Heat Treatment

• India’s 1st fumigation company to be accredited with NSPM 12 Standards • Fumigation of wooden packing material as per ISPM 15 standards

• Disinfestation of Vessels

Please Contact for your requirements: FUMIGATION SERVICES No.1, Buddu Street, 3rd Floor, Chennai - 600 001 For Booking : 4242 7777, 2521 3409, 2522 1241 booking@fumi.in For PQ Arrangements : 2521 7488, 2224 2175 pqfumigation@fumi.in For New Enquires : 2522 0626, 2522 5061, 2524 0672 fumi@fumi.in Branches: Bangalore, Cochin, Coimbatore, Delhi, Guntur, Hosur, Hyderabad, Kakinada, Krishnapatnam, Mangalore, Mumbai, Mundra/Gandhidham, Tuticorin, Vizag

• All Type of Residential & Commercial Pest Control Services

www.fumigationservice.com

• Heat treatment for wooden packing material • AFAS accredited fumigation agency (Australian Quarantine) • Phyto Sanitary Certificate Arrangements • Container Fumigation • Ship holds Fumigation • Ware House Fumigation

for Latest News

Inside JNPT Operationalizes Centralized...

“Time to take bold actions and...

V.O.Chidambaranar Port Creates...

Gadkari Lays Foundation Stones...

Pg-2 Pg-3 Pg-4 Pg-5

Vessel Position at Terminals and Ports... Pg-6 Latest Customs Exchange Rates... Pg-7 Mahindra Logistics Q2 FY21... Pg-7 DP WORLD Handled 18.3 million... Pg-8

Hurry!

Hurry!!

Last date for advt booking 6th Nov.2020

Special Edition

Port Wings plans to bring out a special edition on account of Diwali

The special edition will carry articles from all verticals of EXIM trade and special interviews from well-known personalities in the sector.

For Pre-booking Advertisement space, Contact:

K.Sivakumar - 9444222056, C.U.Satheesh - 9444158179 Marketing Executive : 7305315408 M.Richard Collins - 7358020375 (Tuticorin), Email: marketing@portwings.in

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

2

Nov. 4th - 10th Issue

Nitin Gadkari for Double-decker Flyover Between...

Wednesday, November 4, 2020

Wing 7 Feather 12

Blue Wave for Blue Economy

W

ho’s in the hot seat post the November US presidential election will have a significant impact on the role the US will play in terms of supporting shipping demand.

If Trump remains in power the playbook will remain largely the same as the last four years with protectionism still front and centre on the agenda and a continued push on fossil fuels exports.

Biden’s stance on protectionism is also not as strong as that of Trump, which would take out some of the demand uncertainty witnessed over the last four years.

Continued from page -1 Oorae Conclave, organised by the Southern India Chamber of Commerce (SICCI), in association with Guidance Tamil Nadu, concluded on 31 October 2020.

Industries Minister MC Sampath highlighted how the Tamil culture has spread world over and the role of diaspora by becoming the emissaries in spreading the culture overseas. Managing Director of Guidance, Neeraj Mittal, said the conclave united Tamil cultural outfit from many countries in one

With 90% of the world’s trade carried via ocean, the passage of these proposals could result in disruptions as well as price increases which may ultimately alter demand for business.

“Blue Wave,” the potential for a unified government outcome, particularly a Democratic one, are high, and this could become more reactive in anticipating a Democratic sweep.

On the macro side, a Democratic sweep may result in demand-side stimulus policy, which could have a meaningful multiplier effect for the blue economic growth.

The voter skepticism about China has been rising on a bipartisan basis for many years. Given policymaker actions on both sides of the aisle, the report questions the notion that a Biden win would ultimately bring meaningful change to U.S.-China policy. Undoubtedly, fossil fuel production and exports have been given a shot in the arm by the Trump administration with a deregulatory agenda supporting US energy production.

Since 2017 the US has become the world’s number one oil producing nation and has emerged as the fastest growing producer of LNG. This has in large been beneficial for shipping, as US exports have displaced cargoes on shorter haul trades.

At the start of 2017 the US was only exporting crude to around 20 countries, the total number of trading partners has more than doubled over the course of the Trump administration, with volumes tripling over the same period.

US crude exports have been further supported by the re-imposed and tightening sanctions on both Iran and Venezuela, along with any company involved in oil trades out of these blacklisted countries.

This has caused a gap in crude flows which the US has, in part, been able to step in and fill, boosting the tonne mile component of tanker demand. LNG exports have played a central role in Trump’s trade policy and he has actively promoted US LNG with foreign governments and heads of state.

Mumbai

J

Port Wings News Network awaharlal Nehru Port Trust (JNPT) on 28 October 2020 opened a new Centralized Parking Plaza (CPP) for container tractor trailers with Customs facilitation, as part of its efforts to promote ease of doing business.

The parking plaza spread across 45 hectares has a capacity to park 1,538 tractor trailers at a time.

The plaza has been built exclusively to integrate the parking of tractor trailers carrying factory stuffed export containers at one location instead of multiple locations earlier. This will help integrate document processing by Customs with state-of-the art facilities and service provision.

The plaza will be managed using Real Time Parking Management system and has a Wi Fi provision within the premises. It has a dormitory for truck drivers to stay, canteen for providing food to truck drivers, well-maintained toilets, area for vehicle repair and maintenance and commercial building.

The Centralized Parking Plaza will have guards and staff at each entry gate and entry lane to guide

01

While politics may seem detached from economic considerations, the reality is that shipping industry cannot afford to ignore political factors which often shape the external environment of shipping sector.

Contact Numbers Phone Number Name Designation 9444222056 K.Sivakumar Publisher cum Editor 9444158179 C.U.Satheesh Marketing, Circulation 9597684285/7358020375 Richard Collins Manager - Tuticorin Sample TEXT - Marketing 7305315408 Sathish Kumar Executive

04

E-mails: marketing@portwings.in / marketing1@portwings.in / editorial@portwings.in

All payments shall be made in favour of “Universal Media Associates” payable at Chennai by Cash / Cheque / NEFT Transfer.

Bank Name : HDFC BANK 1 Year `750 Branch : Parrys Corner, Chennai 600 001.

Account No. : 50200016324291 2 years `1400 IFSC Code : HDFC0000166 3 years `2000 PAN : AADFU8138N GST No. : 33AADFU8138N1ZQ Universal Media Associates Old No.72/ New No.149, 1st Floor, Srinivasa Complex, Linghi Street, Mannady, Chennai - 600 001.

SUBSCRIPTION

the tractor trailers to respective entry gates and lanes for entry formalities to ensure that at tractor trailers don’t have to wait in queue for entry.

The CPP will also have MIS system where the details of the tractor trailers such as Name of driver, Contact Number, In timing, Truck No, Container No, Size of Container, Type (Dry/Hazardous/ Reefer), Shipping Bill no, CHA Contact Number, Terminal will be recorded.

Once the data entry is done at the entry gates, a parking number will be allotted to the tractor trailer based on its characteristics such as destination terminal, type of cargo, size of container etc. All information collected will be linked with parking number and a unique id with the date, time and stamp will be allotted and stored in the central server.

Further, the tractor trailer in CPP will be guided to its parking location using variable messaging signs, other signages and will be moved to a parking bay near the inspection area. Once the Customs official inspects and clears the

container, the tractor trailer will be allotted the parking bay. When the Let Export Order (LEO) is issued, the tractor trailer is free to leave the CPP through the respective exit gates.

“JNPT is the only port in India which has planned for a facility of this scale and CPP is a key initiative to streamline the traffic movement and improve the port efficiencies using IT services, at the same time provide convenience facilities and amenities at very nominal rates to truck drivers who travel long distances to reach the Port.

The Centralized Parking Plaza is an important part of our constant endeavour to provide the ease of doing business within the Port,’’ Sanjay Sethi, IAS, Chairman, JNPT said during a visit to the plaza today along with senior officials to oversee the functioning of the new facility.

The plaza system will ease the movement of container trucks on JNPT roads and will help respective terminals plan their tractor trailer movements in a better way. JNPT has appointed Nirmala Auto Care Centre for operation, management and Maintenance of Centralized Parking Plaza.

Sagarmala Development Co To Bail Out Idling Cargo, Ropax Vessels Of IWAI

Trump has also, during the Covid-19 pandemic ordered the Interior Department and other agencies to scale back on environmental reviews in order to speed up infrastructure projects associated with gas exports such as terminals Sample and pipelines.

In someTEXT cases, relative proximity to demand centres would be negative but for other commodities re-establishing old trade routes would boost demand. Returning sanctioned tonnage to the international trading fleet would likely be net negative.

A rich list of speakers and eminent personalities, including Ashok Amritraj, Chairman, Hyde Park Entertainment, Andy Nallappan, CIO, Broadcom, Velchamy Sankarlingam, President, Zoom, Ganesh Iyer, MD, NIO USA, Muthu Nedumaran, Chairman, Murasu Group, Malaysia, MR Rangaswami, Founder, Indiaspora, Tan Sri Dato’ Dr R Palan, Pro Chancellor, University of Cyberjaya, Janakiraman, Chairman, Harvard Tamil Chair, USA, etc. took part in the event.

JNPT Operationalizes Centralized Parking Plaza for Container Tractor Trailers

Whether Donald Trump has been good or bad for shipping will largely depend on the shipping sector in question. A protectionist policy restricts trade between countries by taxing imported products, thereby pushing consumers to buy domestically.

A good example is the current spate of uncertainties and speculations surrounding President Trump’s plans to impose taxes on international trade, and its impact on international shipping.

place. The idea is to provide a platform for the community, he added.

AR RM Arun, president, SICCI, said that the Tamil diaspora are the true and permanent ambassadors of the State, and SICCI, along with Guidance, is coming out with a directory providing details of the people abroad. The virtual event saw a turnout of over 3,000 participants from as many as 38 countries including USA, UK, South Africa, Australia, UAE, Germany, etc.

Mumbai

T

Port Wings News Network he Sagarmala Development Company Ltd will step in to help deploy some of the 24 roll-on, roll-off (Ro-Ro) as well as Ropax vessels owned by the Inland Waterways Authority of India (IWAI) that are idling due to “low economic viability”, says a BusinessLine report.

The Sagarmala Development Company will set up a special purpose vehicle (SPV) with a private entity for operating the vessels on the “best possible commercial terms” by relaxing the reserve price set by the IWAI for leasing the vessels, a government official said.

The Sagarmala Development Company is an entity set up by the Shipping Ministry to provide equity support for the project SPVs formed by the Ports/State governments/ Central Ministries and funding window and to implement those residual projects which cannot be funded by any other mode under the

Sagarmala programme. IWAI owns 11 cargo vessels and 13 Ro-Ro and Ropax ships.

Economic feasibility The assistance of the Sagarmala Development Company is being sought as the IWAI was facing difficulties in deploying the newly built Ro-Ro and Ropax vessels with private operators at the reserve price set by the IWAI and also with Uttar Pradesh, Jharkhand and Bihar governments.

UP, Bihar and Jharkhand governments are yet to convey their acceptance for deploying the vessels as per the memorandum of understanding (MoU) proposed by the IWAI. Low economic viability and nonutilisation forced Adani Logistics to return two cargo vessels taken on bare boat charter basis to IWAI. Cargo vessels MV RN Tagore, MV Lal Bahadur Shastri and MV Homi Bhabha, each of 300-tons capacity, are currently not in use because of low economic viability.

Four new Ro-Ro and Ropax vessels will be handed over to the Assam government on the basis of a memorandum of understanding (MoU) approved by the Shipping Ministry and one of them will be deployed in the Majuli island.

The Odisha government has requested for deployment of one Ropax vessel through the MoU route for tourism purpose.

Two RoPax vessels - MV Adi Shankaracharya and MV C V Raman - are proposed to be provided to the Kerala government as per an MOU to be signed between IWAI and the state government.

Besides, three cargo vessels – R N Tagore, Lal Bahadur Shastri and Homi Bhaba - may be handed over to the Shipping Corporation of India for being run by private operators.

A relaxation in the reserve price for leasing the three vessels will be considered by the IWAI due to difficulties in deploying them on account of low economic viability, the government official said.

Nov. 4th - 10th Issue

“Time to take bold actions and push the growth agenda vigorously”: FICCI Chief Dr Sangita Reddy New Delhi Port Wings News Network ndia’s strategy of dealing with the COVID crisis has paid off and the country’s economy is set to bounce back and emerge stronger, Dr Sangita Reddy, President, FICCI, has said on 1 November 2020.

“The speed, virality and impact of the COVID contagion is unprecedented. There was no standard playbook for pandemic management. The dilemma for governments across the world was creating a balance between protecting lives and livelihoods. India took the path of a strict lockdown to ramp up health infrastructure and focused on human lives. This strategy has paid off. Science evolved to give better cures, medical infrastructure was created, supplies like PPEs ramped up and our death rate has been contained,” Dr Reddy said.

“The number of new reported cases has fallen below 50,000. This indicates that the rate of spread of infection is being contained.

Our recovery rate and case fatality ratio are much better compared to similar ratios for many other countries. Our health data points to a healthier destiny. Yet we must continue to educate on prevention and stay vigilant while gearing up for the vaccine,” she added.

“It’s clearly time for bold actions on the livelihood front. The recent monetary policy assures that the government and the regulator will do everything it takes to keep the economy afloat. Let us start pushing our growth agenda vigorously,” said Dr Reddy.

“As we can see the initial green shoots of recovery have begun. The PMI for Manufacturing and Services has recovered to 56.8 and 49.8 respectively in September 2020.

There has been a pick-up in e-way bill volumes, improvement in revenue earning freight traffic of major commodities, positive growth in exports and most significantly increase in the September GST collections to almost preCOVID-19 level. These incremental trends are heartening and need to be sustained, and further initiatives like the consumption vouchers (which was another one of FICCI’s recommendations) must continue to remain focused on demand generation,” noted Dr Reddy.

“India’s inherent economic strengths and resilience remain intact. Given the progressive policies introduced by government, major infrastructure development plans in place, large consumer market, all point towards significant headroom for growth. Also significant are vibrancy of our entrepreneurs who are always able to spot an opportunity and move proactively, the capabilities and diligence of our working class, the commitment of our farmers and energy of our youthful population that seeks a better future, India is capable to bounce back and emerge stronger from this crisis,” Dr Reddy added.

Facts that augur well for our long-term potential: First is strength of our agriculture sector, which has performed well even in this difficult period. India can emerge as the food bowl for the world. By multiplying the farmer producer organisations and giving them adequate support, we can achieve good results both for farmers and consumers. Our target of doubling farmer’s income has got a boost from the recent marketing reform undertaken as nearly 33% of the increase in income is attainable through better price realization and efficient post-harvest management. This along with agri-export target of US$ 60 billion by 2022 bodes well for the farm sector.

Second is advanced manufacturing in areas of pharmaceuticals, electronics, defence, aviation, robotics etc. where the skills of our trained workforce can be made future ready.

And dedicated clusters/ zones that are selfcontained, will complete the ecosystem for production. The manufacturing sector has the potential to reach US$ 1 trillion by 2025.

I

Third is the versatile services sector that has innovated and learnt to work from home through the COVID-19 period. Out IT sector through their global delivery centres ensured that even during the pandemic, businesses in India and in other parts of the world could continue their operations. Given the growth trajectory, Indian IT sector could touch US$ 350 billion by 2025 and BPM is expected to account for US$ 50-55 billion of the total revenue.

Fourth is infrastructure sector. Today, some of the largest projects globally in the infrastructure area are being conceived and implemented in India. The new National Infrastructure Pipeline, which entails an investment of over US $ 1 trillion between now and 2025, presents an ambitious plan and with a good mix of public and private funding. This project will boost over 200 sectors connected to infrastructure.

Fifth is our MSME sector and startups that are spawning innovation and is another growth flywheel in the Indian growth engine.

Sixth is the pervasive, multi-sectoral digital push. COVID-19 has provided a ballast to digitalization across areas. As we aim for a US$ 5 trillion economy, digital is poised to contribute US$ 1 trillion of this. The Government has already laid the foundation for unlocking value in AI, ML, IoT and allied technologies.

Seventh is the work being done to promote the 27 identified champion sectors. Our government along with industry is ideating and examining every detail of the ecosystem for these sectors and already major changes have been put into motion that will show results in the near to medium term. The government is also moving fast on developing industrial corridors. New and innovative policy frameworks are being put in place to boost the industrial economy. Production linked incentive scheme is one such framework.

Additionally, some State Governments have announced special incentive and subsidy plans to attract investments. This 360-degree approach will prove to be an effective catalyst for our manufacturing sector, and we expect a major boost in exports.

Eighth is reforms being undertaken to bring down the cost of doing business. Be it the through changes in the Electricity Act or codification of the labour laws or digitization of processes for interface with the government or judicial reforms, each of these reforms has the potential to step up growth and help Indian industry become competitive. We expect government to push through with such changes at a quick pace.

Ninth is the size of our domestic market and propulsion this can provide to many sectors.

India’s retail market is estimated to reach US$ 1.1-1.3 trillion by 2025, from $ 0.7 trillion in 2019, growing at a CAGR of 9-11%. India will be amongst the largest consumer bases in the world and hence will always be a market that nobody can afford to ignore.

Tenth, our healthcare, education sectors are growing rapidly and can be a good source of growth going ahead. While the Indian healthcare sector is expected to reach US$ 372 billion by 2022, higher education sector is expected to growth to US$ 35 billion by 2025. A multi-pronged approach of ramping domestic capability, creating global footprints in these areas would be a transformational strategy for the social sector.

FICCI President said that through our endeavours, we can win the war against COVID-19 pandemic and emerge stronger.

“The numbers are beginning to show the early results of a careful orchestration that is happening. Let us positively channelize our collective energies and talents. About 1.4 billion people from all walks of life, race and religion are bound together as a nation, which is poised to have a positive future. No one should doubt that. The next decade will be India’s decade and together we must architect this powerful destiny,” said Dr Reddy.

3

Prioritize clearance of cargo in long standing containers to ease exporters pain

T

Mumbai

Port Wings News Network he empty container shortage and the rise in ocean freight for shipping cargo containers in the wake of a sudden surge in exports has led to a hue and cry from exporters with the trade bodies calling for an agency to regulate the liners, reports BusinessLine.

Sunil Vaswani, Executive Director, Container Shipping Lines Association (India), explains what led to this situation and what needs to be done. Excerpts: Why are exporters angry?

This year the pandemic has created unprecedented circumstances for the trade globally. The shipping lines on their part have kept servicing the trade with vessel calls despite exports having been practically nonexistent during the lockdown. Besides, the lines also independently offered extended free time on import containers and did all that they could to keep the supply chains functioning.

The pandemic has distorted the demand and supply situation globally. From India’s perspective, the trade which was dominated by imports has now seen a sudden surge in exports and a drastic reduction in imports, something that no one really anticipated.

The reduction in India’s imports from China has had a major impact on the availability of containers for exports. This has created a major imbalance in the equipment (containers) situation.

During July-Sept 2020, India’s exports in terms of volumes grew by 24 per cent while its imports reduced by 28 per cent compared to the same period in 2019. As a result, the shipping lines which until July 2020 used to ship out empty containers from India, had to start repositioning empty containers into the country and move them inland to demand locations at a huge cost for the shipping lines.

This distortion in demand and supply, with its resultant impact on costs and rates, has not happened just in the case of India but in the case of the rest of the world too.

Besides, this is not just unique to container shipping but applies to airfreight as well.

Congestion at transshipment ports like Colombo, for instance, only adds to the lead time.

The rail-road system in the United States is now congested causing delays of up to two days per container, adversely impacting the availability of empty boxes in other countries, including India.

Under the circumstances, does the CSLA have any suggestions to help improve the situation?

Currently, there are about 50,000 long standing containers waiting to be cleared across the country, some of them for years together. These need to be cleared by the Customs on priority so that they can be made available to the shipping lines for exports.

This drive needs to be a consistent one and not just a one-off knee-jerk reaction.

How can the initial struggles with the roll-out of the Carotar Rules and face assessment of cargo be addressed?

The implementation of the “Carotar Rules”, which allow Customs to check the antecedents of the importers have caused delays of 7-10 days in the assessment of the Bills of Entry, resulting in slow clearance and return of empty containers to the lines. Added to this is the delay caused by the faceless clearance introduced by Customs which takes up to 6/7 days to clear a Bill of Entry. This aggravates the shortage of containers for exports.

Associations like FIEO have suggested that the shipping lines reduce the free time on import containers so that empty containers could be made available for exports faster.

The 14-day quarantine imposed on vessels arriving from Chinese ports has resulted in ships having to wait for up to 3-4 days before berthing at Indian ports. This not only delays the discharge and the destuffing of import loads but also delays the availability of containers for export shipments.

This delays the whole cycle of several sailings put together and eventually results in a reduction in the number of sailings over a period of time, thereby causing a significant reduction in the number of export shipments.

The quarantine period for vessels arriving from Chinese ports needs to be reduced to 7 days as in the case of vessels arriving from other countries.

What about inland haulage issues?

It would also help if the Railways moved empty containers from ports to inland container depots free of cost to help reduce the empty repositioning cost for the exporters in the hinterland.

Besides, the benefit of the 5 per cent reduction in the freight for loaded containers announced by the Railways should be passed on to the shipping lines or end users.

There are suggestions that India should start manufacturing containers.

Manufacturing marine containers within the country would assist in the security of supply chains for exports. The government could consider making containers at state-run shipyards which already have the expertise in this. The government, though, would have to make this business viable through the lifting of fiscal hurdles.

What can the exporters do from their side to ease the situation?

It would help if the trade bodies/export promotion councils collected data from their respective members and furnished realistic advance projections of exports, origin/ destination-wise, along with the type of equipment required, for at least an 8-12 week period, to the shipping lines, to enable them arrange empty containers.

The current situation is not expected to last permanently but is unlikely to change overnight either.

Shipping Ministry Issues Draft “Coastal Shipping Bill, 2020” for Public Consultation New Delhi Port Wings News Network n accordance with Prime Minister Narendra Modi’s vision for augmenting people’s participation and transparency in the governance, Ministry of Shipping has issued the draft of Coastal Shipping Bill, 2020 for suggestions from the stakeholders and general public.

As the shipping sector grows and evolves in the country, a need was felt to have a separate legislation on coastal shipping, which considers it an integral part of the transport chain and recognizes the policy priorities of the sector to meet the demands of the Indian shipping industry. While drafting this Bill, the global best practices have also been considered.

The Ministry of Shipping has drafted a Coastal Shipping Bill, 2020 in lieu of part XIV of the Merchant Shipping Act, 1958.

I

Some of the highlights of the Bill are as under: * The definition of coastal shipping and coastal waters has been expanded. * It is proposed to do away with the requirement of trading licence for Indian flag vessels for coastal trade. * The Bill seeks to create a competitive environment and reduce transportation costs, while encouraging Indian vessels to increase their share in coastal shipping. * The Bill also proposes integration of coastal maritime transport with inland waterways. * There is a provision for a National Coastal and Inland Shipping Strategic Plan.

The draft bill is uploaded on the Ministry of Shipping’s website. Citizens can submit their suggestions and opinions regarding the draft bill to coastalshipping2020@gmail.com latest by 06 November 2020.

4

Nov. 4th - 10th Issue

V.O.Chidambaranar Port Creates New Record in Coal Unloading in 24 hours Tuticorin Port Wings News Network O Chidambaranar Port on 27 October 2020 created a new record by unloading 56,687 Tonnes of coal in 24 hours at Berth No.9 from the vessel ‘M.V. Ocean Dream,’ surpassing the earlier record of 55,785 tonnes of Coal handled at Berth No.9 from the vessel ‘MV. Myrsini’ on 19 June 2020. he Hongkong flagged Panamax class vessel ‘‘M.V. Ocean Dream” with DWT of 82,201, Length of 229 Metres, beam of 32.26 Metres and draft of 14.20 Metres arrived from the Port of Adang Bay, Indonesia, with 77,535 Tonnes of Coal consigned for M/s.India Coke and Power Pvt.Ltd. The 3 Harbour Mobile cranes operated

by M/s. IMCOLA Crane Company, Tuticorin, discharged 56,687 Tonnes of coal within a span of 24 hours.

The Shipping Agents for the vessel was M/s. Worldwide Shipping Inc, Limited, Tuticorin, and Stevedore Agent was M/s.

Vilsons Shipping Pvt.Ltd, Tuticorin.

Shri T.K. Ramachandran, IAS, Chairman, V.O. Chidambaranar Port Trust, while thanking the synergy

V

exhibited by the stakeholders, who have contributed to achieve this record, conveyed that the Port is continuously striving to achieve improvement in Performance and productivity in order to attract more volume of traffic through the Port.

Chidambaranar Port Donates School Bus to Harbour Schools under Corporate Social Responsibility (CSR) V.O. Chidambaranar Port Trust, Tuticorin, has donated a school bus to Harbour Schools under Corporate Social Responsibility (CSR) initiative of the Port on 20 October 2020. The key of the bus was formally handed over by Shri T.K. Ramachandran, IAS, Chairman, V.O. Chidambaranar Port Trust, to Shri Malla Srinivasa Rao, President, Tuticorin Port Educational Agency & Senior Deputy Chief Accounts Officer, V.O. Chidambaranar Port.

The bus was also flagged off by Shri T.K. Ramachandran, IAS, Chairman V.O. Chidambaranar Port Trust, in the presence of Shri Bimal Kumar Jha, Deputy Chairman, and Heads of the Departments of V.O. Chidambaranar Port.

V.O. Chidambaranar Port, through the Tuticorin Port

Educational Agency, is running three schools viz., Harbour Nursery and Primary school, Harbour Primary School and Harbour Higher Secondary School, in the Port area to cater to the educational needs of the downtrodden families around Harbour estate like Labour Colony, Tsunami Colony and Muthiapuram.

Considering the difficulties faced by the students to reach the Port schools, the Port management has proactively taken steps to

provide a 52-seater bus at a cost of Rs.18,66,601/- lakhs.

In a bid to be socially responsible, V.O. Chidambaranar Port has undertaken a number welfare initiatives under CSR schemes with focus on Education, Health Care, Entrepreneurship (self-help & livelihood generation) schemes, Infrastructure support in and around Tuticorin, Environment protection & ecological conservation and Women’s Empowerment by allotting 2% of net profit every financial year.

For the financial year 2020-21, the Port has already allocated Rs.270.46 lakhs for implementation of various CSR schemes.

PORT DONATES SMART TVS AND PROJECTORS TO GOVERNMENTS SCHOOLS OF TUTICORIN DISTRICT With a vision to provide technology enabled education

facilities to the Government schools in Tuticorin District, V.O. Chidambaranar Port Trust, Tuticorin, has donated 28 Smart TVs and 10 Projectors along with screens to Government Schools under Corporate Social Responsibility (CSR) initiative of the Port at a total cost of Rs. 7.17 lakhs.

The Smart TVs, Projectors and Screens were formally handed over by Shri T.K.Ramachandran, IAS, Chairman V.O. Chidambaranar Port Trust, to Smt. A. Gnana Gowri, Chief Educational Officer of Tuticorin district, in the presence of Shri Bimal Kumar Jha, Deputy Chairman, VOC Port and other senior officials of the Port at a simple function organized at the Port.

While speaking on the occasion, Shri T.K. Ramachandran, IAS, Chairman, V.O. Chidambaranar Port Trust, stated that “Our main objective is to improve the quality of education of the Government

schools in Tuticorin district by upgrading academic standards and learning outcomes through digital mode that would pave the way to clear understanding of the concepts presented in an animated and interactive way”.

Smt. A. Gnana Gowri, Chief Educational Officer of Tuticorin district, thanked the Port for lending their support to the Government schools and stated that the Smart Televisions sets and Projectors with screens would be disbursed to the 38 Government schools in Tuticorin District.

As an Autonomous Body under the Ministry of Shipping, V.O. Chidambaranar Port, has a cherished tradition of commendable CSR initiatives through its well-articulated CSR Policy for empowering to the society that we live in.

Gadkari Unhappy With Officials For Delay In Several Highway Projects New Delhi Port Wings News Network he Union Road Transport and Highways Minister Nitin Gadkari has expressed displeasure over the attitude of top officials of National Highways Authority of India (NHAI) for delays in several projects.

He expressed surprise at the fact that the construction of NHAI

T

building in Dwarka took nine years and said the photographs of officials responsible for the delay should be displayed in the building “so that people came to know about those great personalities who took nine years to construct a building”.

Gadkari said a research paper should also come up over the delay in constructing the building.

At the virtual opening ceremony of the new building of NHAI in Dwarka on Monday, Gadkari said: “It is a tradition to extend greetings after any new work is completed...

I don’t know how to do that... I am ashamed. it was decided in 2008 how the building would be built.

The tender was completed in 2011.

It took two governments and eight chairmen to finish the construction.”

Indian Register of Shipping Classes First Indian-owned LNG-FSRU for Triumph Offshore Chennai

I

Port Wings News Network ndian Register of Shipping (IRClass), an international ship classification society, has classed India’s first LNG-FSRU (Floating Storage Regasification Unit) marking a milestone in India’s energy shift towards natural gas.

Constructed at Hyundai Shipyard in Ulsan, South Korea, the 180,000 cu.m FSRU which is flagged in India, is designed for continuous operations without the need for drydocking over a period of 20 years.

The unit is assigned class notation for 20 years extended interval between successive drydockings and complies with the requirements of IRClass Rules and Indian Flag for this purpose. The unit is owned by Triumph Offshore Pvt Ltd., a wholly owned subsidiary of Swan Energy Ltd, an India-based listed company.

The vessel can operate in two distinct modes – LNG Carrier Mode and Floating Storage Regasification Unit (FSRU) mode. This allows the utilisation of a FSRU for receiving LNG from LNG carriers, regasification of the LNG and sending it out.

The vessel complies with the recently updated Rules of IRClass applicable for LNG carriers provided with regasification systems and takes into account various risks associated

with such systems by appropriate risk control measures. The updated IRClass Main Rules for Seagoing ships, covers the requirements for regasification systems in a separate chapter addressing various aspects such as systems design, fire safety, emergency shutdown arrangements, survey and testing requirements etc.

The vessel has also been verified with respect to the requirements of the IGC Code and IRClass Rules for Gas carriers.

With strong government support and improved infrastructure in India, the prospects for natural gas are expected to rise significantly to meet growing energy demands in the country.

This is also in line with the Indian government vision to build a gasbased economy and increase the share of natural gas in the primary energy mix to 15% by 2030, up from 6% today. This will also contribute towards IMO’s aim of reducing GHG emissions.

“As we anticipate energy demand to soar in India, it is important to move towards the use of clean energy to meet that need. Undertaking this project demonstrates our commitment towards a greener future, and we at IRClass are delighted to play an essential role in meeting that goal.” Commented IRClass’ Joint Managing Director Vijay Arora.

Centre May Cap RoDTEP Benefits for Exporters Due to Resource Constraint New Delhi Port Wings News Network he Centre may limit benefits for exporters under the new Remission of Duties or Taxes on Export Products (RoDTEP) scheme, the rates for which are being finalised on a priority basis for select sectors, owing to a resource constraint, according to a news report in leading daily BusinessLine.

But the RoDTEP Committee set up by the Finance Ministry to calculate the rate of remission of duties on inputs, including embedded taxes, for exporters in various sectors will give its recommendations based on actuals, an official close to the development told BusinessLine.

“The RoDTEP Committee has been asked to calculate ceiling rates for refunding input taxes for exporters, including embedded taxes, on the basis of actuals. It will do exactly that. If caps have to be fixed because of paucity of resources, then it is the government which will do so,” the official said.

Last year, the Finance Ministry announced the new RoDTEP scheme to replace the popular Merchandise Export from India Scheme (MEIS).

The MEIS was ruled by a World Trade Organization panel to be against multilateral trade norms.

It is set to expire on December 31, 2020, if not further extended.

Although the RoDTEP scheme, designed to be fully WTOcompliant, is supposed to be in place from January 1, 2021, the RoDTEP Committee has been asked to work

T

out the rates for just three sectors — ready-made garments and madeups; automobiles and auto-parts; and iron and steel products — to begin with.

“The government has indicated that it may need to cap the RoDTEP rates if it has only ₹10,000 crore at its disposal, as per a calculation made earlier this year. Textiles itself will require ₹7,500 crore once the benefits under the present RoSCTL scheme are converted to RoDTEP. That will leave only ₹2,500 crore for the iron and steel and the auto and auto components sectors, that too, if the scheme is not expanded at the moment to bring in more products,” the official explained. Interestingly, the Finance Ministry had estimated an annual cost of ₹ 50,000 crore for the exchequer when it announced the scheme last year.

A three-member RoDTEP Committee, under former home and commerce secretary GK Pillai, was constituted in July 2020 to work out the modalities for calculation of duties/taxes/levies at the Central, State and local level, borne on the exported product. This will include prior-stage cumulative indirect taxes on goods and services used in the production and distribution of exported product.

The Centre may ask the Committee to fix rates for more products after it submits its first report, likely this month, but it may take a long time before all sectors are covered under the RoDTEP due to both a lack of resources and the complicated procedure of fixing rates, the official added.

Nov. 4th - 10th Issue

Gadkari Lays Foundation Stones Of 9 NH Projects in Tripura New Delhi Port Wings News Network he Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari virtually laid the foundation stones of nine National Highway projects with a total length of nearly 262 kms worth over Rs 2752 crore in Tripura on 27 October 2020.

The event was presided by the Chief Minister Biplab Kumar Deb, in the presence of Union MoSs Dr Jitendra Singh and Gen (Retd) Dr V K Singh, Ministers from the State, Members of Parliaments, MLAs and senior officers from the Centre and the State.

Speaking on the occasion, the Union Minister said, nearly 300 km NH length has been added in Tripura in the last six years.

Today, there are over 850 kms of NHs in the State. He informed that roads worth Rs 8,000 crore are being constructed in Tripura, and as much as Rs 365 crore have been disbursed towards land acquisition cost in the State between 2015 and 2020. He said, upgradation and development of NHs will improve connectivity to all the districts and major

T

cities.

Gadkari said, very soon two important projects are completing in the State. These are the Feni Bridge and the Udaipur-Agartala road. The 49 km 2-lane with paved shoulder Udaipur-Agartala road worth Rs 750 crore is completing next month.

The 1.8 km long Feni Bridge between Sabrum on Indian side and Ramgarh on the Bangladesh side costing Rs 129 crore will be completed by December this year. The bridge is important from social, economic and defence points of view, he said. The distance between Sabrum and Chittagong is 75 kms, and the bridge will ease the transportation of goods from Chittagong and Kolkata ports. An integrated check post is also proposed near Sabrum.

The Minister said, construction of the RCC bridge over river Feni will improve connectivity to the international Border with Bangladesh. The 4-lane bypass on western side of Agartala City is under DPR preparation that will further improve the connectivity of NH-8 to NH-108B in the state of Tripura, reduce traffic congestion in Agartala city, and connect Matabari from Airport.

The connectivity of Agartala city to Assam Border through NH-108B, 208 & 208A will provide shorter length connectivity. The upgradation work for Agartala to Khowai (NH 108B) and Kailashahar to Assam Border (NH-208A) has already been awarded and upgradation of balance section of Kailashahar to Khowai (NH-208) has been proposed under JICA funding. Bids for this section have already been received and work is likely to be awarded very soon. ‘ He added that the 4-laning of NH-08 from Agartala to Churaibari - the lifeline of Tripura - is under DPR preparation, which will provide faster and hassle-free Inter-state connectivity with Assam and other States with Agartala.

The Minister informed that DPRs for four projects of 367 kms worth Rs 7523 crore are under preparation for the State. He said, a sum of Rs 11 crore has been released to the State under CRIF, and further sum of Rs 20 crore shall be released soon after submission of the utilisation certificate from Tripura.

Union Minister of State (I/c) for Development of North Eastern Region and Minister of State for Prime Minister’s Office; Personnel, Public Grievances and Pensions; Department of Atomic Energy and Department of Space Dr Jitendra Singh said that in Prime Minister Narendra Modi’s vision for New India, a New North East will play an important role, as all the 8 States of the region are witnessing a series of developmental projects in all fields.

He said, since 2014 when Prime Minister Narendra Modi came to power, massive steps were taken to bring the North Eastern Region at par with the other regions of the country and added that Centre is committed to develop all the 8 states of the region in tune with the Western States of India.

Dr. Jitendra Singh lauded the Union Minister for Road Transport and Highways Nitin Gadkari for sanctioning and completing several major infrastructure projects in the North East Region in the last 6 years.

He said, as a Minister for Development of North Eastern Region, his Ministry is also chipping in with all available resources to make the N-E Region as a new model of development for the entire country.

Describing Tripura as a Gateway of the “Act East Policy” of the Central Government, Dr. Jitendra Singh said that very soon we are also going to have a train to Bangladesh from Tripura heralding a new chapter and opening new vistas in the development of this region by providing the entire region access to the seaports. He added that this will boost the trade across the borders especially with our eastern neighbours by leaps and bounds.

Union Minister of State for RTH Gen (Retd) Dr V K Singh said, the projects, on completion, will provide faster and hassle-free inter-state and international connectivity to Bangladesh, and will be a major stride towards strengthening tourism sector of the State. The new projects will provide better connectivity, fast and safe movement of traffic to various tourist places, historical places and religious places in the entire State.

They are likely to generate large number of employment and self-employment opportunities to the unskilled, semi-skilled and skilled manpower of the region. The projects will reduce travel time and maintenance cost of the vehicles and saving of fuel.

Implementation of the project would result in enhanced socio-economic conditions of the locality. These will improve transport of agricultural goods and access to greater markets, thereby reducing the cost of goods and services.

These will also create easy and speedy access to health care and emergency services.

In a nut shell, after completion of the above projects there will be quantum jump in the development of tourism, economic and international connectivity of this region.

Finally, it will give impetus to the GDP of the state of Tripura.

Chief Minister Biplab Kumar Deb also addressed the event. He said, the people of Tripura are indebted to the Centre for having prioritized it for development. He said, the new roads will be a boon for the people as these will provide all-weather connectivity in this hilly and rainy State.

Visit

www.portwings.in for Latest News

About 170 Ships Sold For Scrap During Q3 of 2020: NGO

T

Chennai

Port Wings News Network here were a total of 170 ships broken in the third quarter of 2020. Of these,110 ships were sold to the beaches of South Asia, where, despite several yards being closed due to the Covid-19 pandemic, shipbreaking activities continued to put workers’ lives at risk. Between July and September, at least four workers were severely injured, and one worker lost his life in Bangladesh, according to NGO Shipbreaking Platform.

On July 1, Rohul (47 years old) suffered an accident at KSB Steels shipbreaking yard. He fell and broke five ribs while dismantling the ship STELLAR IRIS (IMO 9083093), owned

by South Korean company Polaris Shipping. On the same day, Mozaffor (42 years old) fell down while dismantling another Polaris’ vessel, the STELLAR JOURNEY (IMO 9050230), at RA Shipbreaking yard. Mozaffor was transferred to Dhaka Hospital as the medical assistance was inadequate in Chattogram.

On July 20, Rashidul Islam (45 years old) died while dismantling an unidentified vessel at N.R. Shipbreaking yard. Rashidul was fatally hit by a falling object.

On July 21, Faruk (24 years old) got injured at Arefin Shipbreaking yard. He was breaking the Japanese-owned vessel INNOVATOR (IMO 8508905) when an iron plate hit his head.

On August 27, Mokbul (40 years old) suffered an accident at T.R. Shipbreakers yard, owned by Didarul Alam, a member of the Bangladeshi Parliament. He was hit by an iron plate in his back. Mokbul did not receive any treatment or compensation from the yard owner in order to satisfy his livelihood needs.

In the third quarter of 2020, Greek ship owners sold the most ships to South Asian yards, closely followed by Japanese, Russian and South Korean owners. South Korean company Polaris Shipping sold another two vessels to Pakistan.

The ship owner, which hit the headlines in June for the scuttling of the ore carrier STELLAR BANNER off the coast of Brazil, has sold a total of seven ships for dirty and dangerous breaking in Bangladesh and Pakistan this year.

In April, we urged Bangladesh, India and Pakistan to halt the import of a highly toxic offshore unit that had illegally departed from Indonesia. The Floating Storage and Offloading

5

(FSO) tanker J. NAT (now renamed RADIANT) left Indonesian waters despite local activists having warned Indonesian authorities about the toxicity of the vessel.

Following our actions and local media reports, the government of Bangladesh directed all departments concerned not to allow the ship to enter Bangladeshi territory.

Similarly, Indian authorities have recently warned Alang shipbreaking yards not to accept the toxic tanker for scrapping. Maritime sources now indicate that the vessel is sailing towards Gadani, Pakistan.

Almost one third of the ships sold to South Asia this quarter changed flag to the registries of Comoros, Gabon, Palau and St. Kitts and Nevis just weeks before hitting the beach.

These flags are not typically used during the operational life of ships and offer ‘last voyage registration’ discounts. They are particularly popular with the middlemen scrap-dealers that purchase vessels cash from ship owners, and are grey- and black-listed due to their poor implementation of international maritime law.

The high number of flag changes at end-oflife seriously compromises the effectiveness of legislation based on flag state jurisdiction only, such as the European Union (EU) Ship Recycling Regulation. The Platform recorded at least seven ships that de-registered from a European flag registry (e.g. Cyprus, Germany, Malta) prior the last voyage to South Asia in order to circumvent EU legislation.

The export of one of these ships also breached the Basel Convention’s Ban Amendment, which prohibits the export of hazardous waste, including end-of-life vessels, from the OECD, the EU and Liechtenstein to other countries – primarily developing countries or countries with economies in transition. The Ro-Ro cargo ship ZERAN, owned by Polish Ocean Lines, swapped its Maltese flag to that of Panama and illegally left Turkish waters at the end of July. It was beached in Bangladesh in September. Investigations have been launched by authorities in Iceland following the illegal export of two container vessels owned by Icelandic company Eimskip to India.

Icelandic program Kveikur released a documentary on the murky sale of the two ships. Eimskip’s counterpart to the sale was none other than GMS, one of the most wellknown cash buyers of end-of-life ships.

Mandaviya Inaugurates ‘Direct Port Entry Facility’ at V.O.Chidambaranar Port New Delhi Port Wings News Network nion Minister of State for Shipping (I/C), Shri Mansukh Mandaviya on 27 October 2020 inaugurated the ‘Direct Port Entry (DPE) facility’ of V.O. Chidambaranar Port Trust by unveiling the e-plaque.

While addressing the inauguration ceremony through video conference, Shri Mansukh Mandaviya said that this is a noteworthy step towards reducing logistics cost and increasing the velocity of the cargo. DPE will help in increasing Ease of Doing Business for the exporters, as the facility will bring efficiency and reduce dwell time, lower tariff cost and improve the competitiveness of shipper in the international trade.

The state-of-the-art Direct Port Entry (DPE) facility would enable direct movement of containers from factories, without intermediate handling at any CFS, thus facilitating the shippers to Gate-In their factory stuffed exports directly to the Container Terminal on 24x7 basis.

The facility is created in an area of 18,357 sqm inside the Truck Parking Terminal which was developed under the ‘Sagarmala’ for issuing customs clearance of export cargo i.e. Factory stuffed/e-sealed containers. It can handle 18000 TEUs per month. Indian Customs through the Central Warehousing Corporation, DPE facility will generate the

U

Let Export Order (LEO) under a single roof without any hassle. A dedicated team of CWC and Customs officials, in association with VOC Port, will serve Tier-II, Tier-III (AEO) certified EXIM clients.

Earlier, the factory stuffed (self-sealed) containers were taken to one of the container freight stations (CFSs) / Inland Container Depot (ICD) operating in Tuticorin. The CFSs operate between 10 am to 8 pm on working days only. Because of it, there was considerable delay in admitting the self-sealed export containers into the container terminals. Hence, Port developed the DPE facility to enable the export clearance of factory stuffed e-sealed containers on a 24x7 basis resulting in faster & cost-effective export admittance.

Port entered into an MoU with M/S. Central Warehousing Corporation (CWC) to operate the facility for 30 years and the Customs department has also approved operating the DPE facility in the port.

Dr. Sanjeev Ranjan, Secretary, Ministry of Shipping, in his address, said that the IT enabled infrastructure at the ports will definitely make our ports ,world class ports aligning the ‘Maritime Vision 2030’ of Ministry of Shipping.

Senior officials of the Ministry of Shipping, Shri T. K. Ramachandran, Chairman, V.O. Chidambaranar Port Trust, Shri Arun Kumar Shrivastava, Managing Director, Central Warehousing Corporation and port officials were present in the virtual inauguration.

6

Vessel Position at Terminals - (04.11.2020 To 11.11.2020)

Nov. 4th - 10th 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

9-11

10-11

IEX

MOL GUARDIAN

31

SMI

Colombo, Damietta Piraes Rotterdam, London

04/11

05/11

FME

TABEA

891E

FTD

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

7-11

8-11

SIF

SPIRIT OF MUMBAI

45

MSC1

Colombo

04/11

05/11

MD1

TONGVA

02694E

WAN

5-11

6-11

COST

TCI SURYA

742

TSL

Port klang

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

6-11

7-11

ECH

SSL KUTCH

199

SHR1

CGP, HAL, PRT, KAK

10/11

11/11

CI3

WAN HAI 509

E110

CI3

Port Kelang(North port), Singapore, Shanghai

08/11

09/11

FME

SUEZ CANAL

20007E

TST

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

11/11

12/11

TCXNEW

XPRESS JERSEY

20011

SCM

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

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

3-11

4-11

C13

OOCL ZHOUSHAN

225W

OIL

Tuticorin, cochin, Pipava, Kandla, Jebel ali Cochin , Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

4-11

5-11

CCG

MOGRAL

0031W

SIM

9-11

10-11

SHTL

MAERSK KENTUCKY

2030

MSK

Kakinada Container Terminal ETA

ETD

Service

Vessel Name

8-11

9-11

KAK>CMB

MSC JANIS

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 3-11

4-11

BOX

MV.OEL SHARVAN

20172S

BTL

COLOMBO, TUTICORIN, COLOMBO

4-11

4-11

TUX

MV.XPRESS YAMUNA

20020

XCL

COLOMBO, TUTICORIN, COLOMBO

4-11

5-11

CTS

MV.VLADIVOSTOK

1595

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

5-11

6-11

BOX

MV.OEL SHARVAN

20173S

BTL

COLOMBO, TUTICORIN, COLOMBO

NSICT - Mumbai ETA

ETD

Service

Vessel Name

Voy

Agent/Line

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

4-11

5-11

MESAWA

MAERSK INDUS

MSK

4-11

5-11

BLUENILE

TIM S

MSK

5-11

6-11

IIX

YARAN

RIS

Colombo, Damietta Piraes Rotterdam, London

6-11

7-11

MIDAS

AS CYPRIA

CCA

Nhava Sheva, Mundra, Port Qasim, Singapore

06/11

07/11

AIM

ARIANA

ONE

07/11

8-11

GIX

CERUS

PRD

07/11

08/11

ADHOC

CAPE MALE

MSK MSK MSK

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

MSK

Pipavav, Hazira, JNPT, Jebel Ali, Salalah, Port Said, Mersin, Ambarli Port, Izmlt Korfezi, Novorosslysk Mundra, Nhava Sheva, Valencia, New York, Norfolk, Charleston, Savannah, Freeport

7-11

8-11

MWE

MAERSK BROOKLYN

8-11

9-11

MECL

MAERSK SELETAR

10/11

11/11

ME2

MAERSK CUNENE

MSK MSK

11/11

12/11

MESAWA

HAMMONIA AMERICA

11/11

12/11

BLUENILE

UNI FORTUNA

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

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

5-11

6-11

TIP

4-11

5-11

5-11

Agent/Line

Calling Ports

MOL GENEROSITY

ONE

Jebel Ali, Mundra, Hazira, Nhava Sheva

CWI

AKINADA BRIDGE

GLD

Pipavav, Hazira, JNPT, Jebel Ali, Salalah, Port Said, Mersin, Ambarli Port, Izmlt Korfezi, Novorosslysk

6-11

MINA

CSAV TYNDALL

HLI

Pipavav, Port Klang, Singapore, Shangai, Ningbo, Xiamen

5-11

6-11

ASX

SIMA GISELLE

SMM

Jebel Ali, Mundra, Hazira, Nhava Sheva

5-11

6-11

UIG

AS SOPHIA

BTL

10-11

11-11

NMG

NORTHERN DEMOCRAT

SEC

Pipavav, Port Klang, Singapore, Shangai, Ningbo, Xiamen

6-11

7-11

ADHOC

BELLATRIX I

SEC

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

8-11

9-11

ADHOC 1

SENDANG MAS

SEC

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

9-11

10-11

CIX

WAN HAI 506

WHI

Jebel Ali, Mundra, Hazira, Nhava Sheva

MSK

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

7-11

8-11

ME3

MAERSK KYRENIA

Voy

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.

Voy

Agent/Line

Calling Ports

SAMSARA

Halida, Colombo

Bharat Mumbai Container Terminal ETA

ETD

Service

Vessel Name

04/11

05/1

FLC

04/11

05/11

06/11

Voy

Agent/Line

Calling Ports

MSC SILVANA

MSC

JEA, DMM, AUH, TAO, UQR, HMD

ADHOC1

XIN QIN HUANG DAO

CSS

JED,NSA, BQM

07/11

EPIC2

COSCO BELGIUM

COS

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

07/11

08/11

ADHOC2

BLPL TRUST

TGS

MUN, CMB, NGB, SHA

11/11

12/11

SWAX

RHL CALLIDITAS

HLI

DAR, MUN, MBA, JEA, JEC

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

3-11

4-11

MDM

TRF KAYA

1693E

BTL

Colombo

6-11

7-11

MDM

TONGVA

02694E

WHL

Colombo

7-11

8-11

CVK

MSC ISHYKA

XA043A

MSC

8-11

9-11

CCG

VARADA

30

SIM

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

11-11

12-11

CHX

KOTA LATIF

044W

MSK

Ennore, Krishnapatnam, Visakhapatnam, Tanjung Pelepas, Xingang, Qingdao

11-11

12-11

FME

SUEZ CANAL

2007E

TSL

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

Double Delight For DBGT at Logitech Awards

D

Chennai

Port Wings News Network BGT is presented with the prestigious “BEST TERMINAL & PORTS OPERATOR 2020 & EXCELLENCE FOR BEST USE OF TECHNOLOGY IN CONTAINER HANDLING PORT” by “THE FUTURE OF TECH CONGRESS & AWARDS PRESENTS LOGITECH AWARDS Virtual Event, Mumbai on 15 October 2020 for outstanding accomplishment in the Port / Terminal category.

According to a media statement, DBGT takes pride in receiving these awards as they are a testament to the combined efforts of all our stakeholders, customers and employees.

The terminal management believed that the award has been given for exemplary performances achieved and to recognize the enormous contribution to trade during the year 2020 by DBGT, Tuticorin. “We are proud to share this wonderful achievement to VOCPT, Stake holders and customers.

We salute your unwavering commitment in defining our performance of excellence. This is just a milestone and we have more such awards to win in the near future,” a statement from the Terminal said.

“We could not be more proud of all our stake holder’s efforts during these unprecedented times. COVID-19 is a global pandemic that impacts all of us. DBGT has

been working round the clock to ensure we protect our employees while still serving the trade. We would like to applaud the efforts of the DBGT Team on this remarkable achievement on this record that upholds the superior infrastructure, operational efficiency and committed workforce of DBGT,” it added.

Snapshot performance achieved in 1H 2020: Gross Crane Rate @ 32 Moves / Hour / Crane.

Berth Productivity @ 67 Moves / Hour.

Average Vessel & Gate moves performed per day @ 1200 containers.

Average ‘Truck Turnaround Time’ @ 21 minutes / Truck.

The highest gross crane rate (GCR) @ 58.11 moves / hour Highest berth productivity @ 94.86 Moves / hour Dwell days at DBGT: Import : 1.6 Days & Export : 2.5 Days

Nov. 4th - 10th Issue

Mahindra Logistics Q2 FY21 Revenue at Rs.833 crore; PAT Rs. 15 Crore up 32% YoY Mumbai

M

Port Wings News Network ahindra Logistics Ltd. (MLL), one of India’s large 3PL solutions providers, on 30 October 2020 announced its consolidated financial results for the quarter and half year ended on Sept 30, 2020.

Commenting on the performance, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, “We have seen a strong rebound in our supply chain operations during the quarter.

Our fulfillment logistics solutions & services continued to witness strong growth driven by E-commerce, Pharma and FMCG verticals. We also continued to see strong growth from the Farm segment during the quarter. While we are not yet completely back to normalcy since the advent of Covid-19 pandemic, our focus on select industry verticals, our deep partner network and our ability to fulfil customer requirements efficiently, has enabled year-on-year growth in our supply chain business.”

Mr. Rampraveen Swaminathan stated: “We have in this period, also scaled up the speed on technology

adoption with several IT systems and functionalities going live, which will enable seamless data flow and support businesses better. During the quarter we launched two new builtto-suit warehouses aggregating 0.8 million square feet and continued to see strong demand for value-added services & solutions.”

“The business environment is steadily improving. With improving auto demand, combined with growth in our E-commerce, Consumer and Freight Forwarding business, we remain positive that the execution of our strategy will continue to provide strong momentum,” added Mr. Rampraveen Swaminathan.

Q2 FY21 performance compared with Q2 FY20 Revenue Rs. 833 crore as compared to Rs. 852 crore last year, EBITDA Rs. 46 crore as compared to Rs. 40 crore last year, PBT Rs. 20 crore as compared to Rs. 18 crore last year, PAT Rs. 15 crore as compared to Rs 11 crore last year, EPS (Diluted) Rs. 2.08 as compared to Rs. 1.55 last year.

H1 FY21 performance compared with H1 FY20 Revenue Rs. 1,243 crore as

compared to Rs. 1,751 crore last year, EBITDA Rs. 46 crore as compared to Rs. 87 crore last year, PBT Rs. -2 crore as compared to Rs. 46 crore last year, PAT Rs. -2 crore as compared to Rs 30 crore last year, EPS (Diluted) Rs. -0.12 as compared to Rs. 4.15 last year.

Key Highlights • Significant recovery in operations despite ongoing pandemic, driven by growth across all supply chain end-markets including Farm, E-commerce, Consumer and Pharma verticals • Company sustained its efforts to ramp up operations by expanding industry diversification and new customer additions, with a year-onyear growth in supply chain segment.

This is despite the disruption in Q1 FY21.

• Continuing growth in valueadded services & solutions with improving performance especially in E-commerce and Consumer, combined with growth in Freight Forwarding verticals.

• Generated positive free cash in the reported period, backed by prudent cash flow management practices.

From Covering Risk To Preventing Risk Chennai

L

Port Wings News Network eading insurtech, Concirrus has launched its new Beyond Covid: The Marine Insurance Resilience Blueprint, which shares unique insights from leading experts at IUMI, Swiss Re, AEGIS London, Whitespace and others into the consequences of COVID-19 and key considerations for 2021.

Richard Turner, President of the International Union of Marine Insurance says: “The marine insurance industry has an extremely rich heritage and although many would argue that it’s been somewhat traditional in its approach, everyone working within this market has demonstrated significant resilience over the past nine months, which should be applauded.

There are certainly some challenges that are here to stay but I would argue that COVID-19 hasn’t necessarily been the reason for these challenges. Rather, it has forced us to move quicker and be bolder in our decision making.”

The blueprint takes a closer look into how businesses have responded to COVID-19 with a laser focus on how digital transformation has turned challenges into a driving force for positive change.

The report also highlights many of the cost and risk related complications that have come to the fore as a result of the global pandemic – complications that have impacted every corner of the industry.

Andrew Yeoman, CEO of Concirrus comments: “The sheer

volume of customers that we now have has fundamentally changed over the past several months and so, this blueprint provided us with a fantastic opportunity to reach out to the marine insurance industry and better understand how COVID-19 has impacted individual organisations and the industry more widely.”

With a firm belief that the best is yet to come, Andrew Yeoman continues: “We, as an industry now have a fantastic opportunity to shape a new digital insurance trading marketplace that is effective, efficient, innovative, responsive and client-focused. We should now be looking to move away from simply covering risk to preventing risk – only then will we help to reduce marine catastrophes and save lives.”

ICS Launches Online Classes For Shipping Professionals Worldwide Chennai

I

Port Wings News Network n light of the global pandemic, the Institute of Chartered Shipbrokers (The Institute) has launched a high-quality online learning programme in cooperation with the London School of Shipping, according to ICS sources.

The London School of Shipping online classes offer support to all maritime students interested in starting or boosting their careers in shipping and who do not have access to local classes. Classes begin at 6.30 pm GMT and are open to international students where time zones permit.

GET QUALIFIED AND RECOGNISED AS A MARITIME PROFESSIONAL The programme is led by experienced industry leaders and tutors who prepare students for the Institute’s examinations leading to recognised industry qualifications: the Foundational Diploma, the Advanced Diploma, and the Professional Qualifying Examinations (PQE). Those holding the PQE qualifications are eligible for membership to the Institute of

Chartered Shipbrokers, a highly valued accreditation in the industry.

Students are able to choose from a range of 8 different subjects offered by online evening classes including: Economics of Sea Transport and International Trade; Introduction to Shipping; Legal Principles in Shipping Business; Shipping Business; Tanker Chartering (beginning January 2021); Dry cargo Chartering (beginning January 2021); Ship Operations and Management; and Ship Sale and Purchase.

Each subject is covered with 12 x 2-hour classes and includes annual student registration, books and materials and examination entry.

INVESTING IN PROFESSIONAL KNOWLEDGE AND CAREER PROSPECTS Interim Director of the Institute of Chartered Shipbrokers, Robert Hill says: “For school leavers, young people, industry professionals; there has never been a more important time for you to invest in your education. The Institute study programme is designed with you in mind. It’s flexible, affordable, challenging and with some hard

work, it’s even possible to receive a professional qualification with a few months dedication following a well-structured programme. The London School of Shipping has a strong record of outstanding results.

This pandemic will pass and the shipping industry is changing fast, so give some thought to what you can achieve during this time to put yourself in the strongest career position come what may.”

A FULLY-INCLUSIVE AND AFFORDABLE METHOD OF STUDY The Institute has a very competitive offer that is affordable to individuals and companies. Whatever your circumstances, the Institute offers: A comprehensive syllabus; Affordable prices; Flexible study options; Recognised qualifications; and An International network.

The Institute is also offering a ten percent discount for those booking more than one class.

For further information please visit the Institute of Chartered Shipbrokers website: https://www. ics.org.uk/about-us/internationalnetwork/london-school-of-shipping

7

NEWS - BITS DNV GL Hits Remote Survey Hat Trick With 20K Surveys

A new state-of-the-art Operational Centre to support the delivery of remote services to maritime customers has been launched in Hamburg, Germany, by the world’s leading classification society, DNV GL – Maritime. The launch also marks the two-year anniversary of DNV GL’s fleet wide roll-out of remote surveys and the milestone of 20,000 remote surveys delivered. This is DNV GL’s second Operational Centre dedicated to the delivery of remote services; the first was launched in Oslo in 2019.

DNV GL – Maritime first piloted remote surveys in October 2018 and their popularity with customers has increased ever since, with customers benefiting from greater flexibility and efficiency in an increasingly challenging operating climate. The COVID-19 pandemic has intensified the demand of remote surveys and inspections. Since February, DNV GL has seen a 33% increase in the number of remote surveys delivered – 300 a week on average since the pandemic’s outbreak - with 35% of all survey requests now being undertaken remotely.

The new centre will feature six connected 55-inch screens with integrated software. These screens will enable DNV GL remote surveyors to view the live stream from a ship located anywhere in the world, while having simultaneous access to a dashboard containing all the relevant vessel information. Using the same interface, surveyors can also maintain simultaneous communication with the customer in real time throughout the process.

Amursky Shipyard Launches Ro-Ro Ferry And Ice-Class Rescue Ship On 30 October 2020, Khabarovsk Territory, Russia based Amursky Shipyard (a company of USC) launched two vessels, ice-class Ro-Ro ferry of Project CNF11CPD 00300, Vasily Oshchepkov, intended for linking the Sakhalin island with the mainland, and 7 MW ice-class multifunctional rescue ship, the Kerchensky Proliv (the Kerch Strait), USC says in a press release. The ships were moved to the flooding dock and underwent the christening ceremony.

The ceremony was attended by Khabarovsk Territory Governor Mikhail Degtyaryov, Khabarovsk Territory Duna Chairman Irina Zikunova, representatives of municipal and regional authorities as well as the Sakhalin Region Administration.

In 2016, Amursky shipyard was awarded with a contract for construction of two Ro-Ro ferries of Project CNF11CPD 00300 for Vahini-Kholmsk line.

On 1 August 2019, the hull of the first ferry has been moved to the outfitting berth. The Aleksandr Deyev was towed to the delivery base in summer 2020 where it is to undergo tests prior to the delivery to State Transport Leasing Company (STLC).

Arctic LNG 2 Ice-Class Tanker Fleet Formation Completed

NOVATEK says Arctic LNG 2 entered into long-term charter agreements on six Arc7 ice-class LNG tankers with PAO Sovcomflot and Mitsui O.S.K. Lines, Ltd., with the construction of the Arc7 ice-class LNG tankers to be built at Daewoo Shipbuilding & Marine Engineering (DSME).

Arctic LNG 2 has successfully completed chartering of the required iceclass tanker fleet when you take into account the previously signed charter agreements for 15 similar LNG carriers to be built at the Zvezda shipyard in Russia. Thus, the fleet of the Arctic LNG 2 project will number 21 tankers of Arc7 class.

On 28 October 2020, SCF Group (SCF) and Arctic LNG 2, the operator of the Arctic LNG 2 project, concluded 30-year time charter agreements for three new icebreaking LNG carriers.

As it was reported earlier, in late September 2020 Shipbuilding Complex “Zvezda” signed a contract on construction of 10 gas tankers of Arc 7 class intended for NOVATEK’s Arctic LNG 2 project. The construction will be financed by VEB.RF.

CUSTOMS EXCHANGE RATES Notification No.99/2020 (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 16th Oct. 2020

RATE (INR) Import Export 53.55 200.95 56.85 11.10 11.80 87.80 9.65 247.80 50.10 8.05 97.15 20.80 20.20 55.00 4.55 8.45 82.00 9.55 20.65 74.25 71.05 6.60

51.25 188.60 54.85 10.75 11.35 84.70 9.30 232.35 47.85 7.80 93.85 19.55 18.95 53.10 4.30 8.15 78.75 9.00 19.35 72.55 68.40 6.20

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

DP WORLD Handled 18.3 million TEUs In 3Q2020, Reports +3.1% Gross Volume Growth

D

Chennai

Port Wings News Network P World Limited handled 18.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 3Q2020, with gross container volumes increasing by 3.1% year-on-year on a reported basis and up 1.9% on a like-forlike basis. On a nine-month basis, DP World handled 52.2 million TEU, decreasing 2.5% on a reported basis and down 2.0% on a likefor-like basis.

Like-for-like gross volume growth was mainly driven by Europe, Middle East & Africa and Americas with a strong performance from London Gateway (UK), Jeddah (Saudi Arabia), Sokhna (Egypt), Rotterdam (Netherlands) and Antwerp Gateway (Belgium). In Americas, growth was driven by Buenos Aires (Argentina), Santiago (Chile) and Vancouver (Canada). Jebel Ali (UAE) handled 3.4 million TEU in 3Q2020, down 4.2% year-on-year.

At a consolidated level, our terminals handled 10.6 million TEU during 3Q2020, increasing 3.0% on a reported basis and down 1.7% year-on-year on a like-for-like basis. The reported growth of +22.1% in Americas and Australia region is mainly due to the consolidation of Caucedo (Dominican Republic).

Commenting on the result, Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, said: “We are delighted to report that third quarter volumes turned positive across our three regions with DP World throughput growing by 1.9% yearon-year compared to a 2.2% decline for the industry. This performance is ahead of expectations and once again illustrates the

resilience of the global container industry, and DP World’s continued ability to outperform the market.”

The recovery in volumes was broad based with quarter-on-quarter throughput increasing by almost 10% as world economies began to ease lockdown restrictions. India, which witnessed a sharp slowdown in 2Q 2020, saw a significant volume improvement versus the second quarter, while Jebel Ali (UAE) delivered 3.4% growth against the previous quarter as trade in the region began to stabilise.

Sultan Ahmed Bin Sulayem stated: “During this challenging period, we have focused on maintaining efficient supply chains to sustain the delivery of critical and essential cargo. Our strategy to provide solutions to cargo owners has served us well, and our aim is to continue to build on this momentum.”

Looking ahead, we remain focused on containing costs to protect profitability and managing growth capex to preserve cashflow, Sultan Ahmed Bin Sulayem added.

“Overall, while we are encouraged by the recent volume trends, the outlook remains uncertain given the possibility of new lockdowns due to Covid-19 second wave, geopolitical uncertainty with US elections and lack of progress made on trade wars.

However, the nine-month solid volume performance leaves us well placed to deliver a relatively stable financial performance in 2020 and we remain confident of meeting our 2022 targets,” concluded Sultan Ahmed Bin Sulayem.

Nov. 4th - 10th Issue

TIACA Calls for the Use of the Dynamic Load Factor Methodology to Measure Air Cargo Performance

T

Chennai

Port Wings News Network he International Air Cargo Association (TIACA) is joining CLIVE Data Services (CLIVE), an air cargo data company, in a call for the air cargo industry to adopt the dynamic load factor methodology as the industry standard for measuring the utilization of air cargo capacity.

Introduced in 2019 by CLIVE, the dynamic load factor methodology measures how full an aircraft is by considering both freight volume and weight. CLIVE and TIACA consider this as a major improvement compared to the traditional weight-based load factors which are misleading and paint an unnecessarily negative image of the airfreight industry.

The reason is that, in most of the cases, the space in an aircraft runs out before reaching its maximum weight capacity. It is due to aircraft’s higher capacity density (calculated as available kg per cubic meter) than the average density of the goods moved by air.

Using industry’s traditional way of measuring load factors solely by weight, the average load factor for September 2020 was 47%, according to CLIVE. However, the same data from airlines calculated taking into account both weight and volume reveals a more accurate and realistic dynamic load factor of 70%.

Dynamic load factor versus weight load factor Steven Polmans, Chair of TIACA’s Board of Directors, is leading the call for change: “So many business decisions in air cargo industry are influenced by the perceptions of cargo load factors which do not show the true

figures. Adopting the dynamic load factor will enable cargo professionals and stakeholders to make informed decisions based on timely and more accurate data.”

Beyond the proof of data, there is a growing industry support for this new cargo capacity measurement. A recent TIACA survey which gathered feedback from over 80 members attending association’s Economics4Cargo webinar revealed a 98% support for the dynamic load factor methodology.

Regular economic data intelligence and monthly reporting TIACA will continue working with CLIVE to bring regular dynamic load factor-based analysis to its members. In addition to the regular Economics4Cargo webinars offered to TIACA members since summer 2020, CLIVE will now be delivering a monthly detailed lane analysis, based on prime markets to and from North America, Europe, Asia Pacific, Latin America, Africa and the Middle East.

“We welcome TIACA’s support and our growing collaboration with the association’s members to deliver the most insightful air cargo market analysis. Our dynamic load factor reflects the reality of air cargo capacity utilization. Looking only at weight-based load factors is not enough anymore and can lead stakeholders to wrong conclusions. We must establish a common benchmark on the utilization of air cargo capacity, particularly if airlines want forwarders and shippers to understand why rates behave as they do. It is otherwise difficult to explain why rates are spiking when the traditional load factor measurement suggests aircraft are operating only half-empty,” added CLIVE’s Managing Director, Niall van de Wouw.

Study MBBS In China

Bangladesh, Ukraine, Georgia & Phillippines Degree Accepted by National Medical Commission (NMC) after passing Screening test conducted by National Board Examination, New Delhi.

• Government Medical College • MCI Curriculum • Indian Professors • English Medium • Indian Syllabus • WHO Enlisted • Bank Loan Available • 6 years course in Just Rs.30 Lakhs including living Expenses • Indian Co-ordinator in Campus • 6500 Students enrolled in China through us in 2019 • Pure - veg. Food also available.

Those Who secured 50% in Biology, Physics, Chemistry & Neet Just Pass can join this course

• Southern Medical University - China • Jinan University - China • South west (Luzhou) Medical University - China • Nanjing Medical University - China • Fujian Medical University - China • Shantou Medical University - China • Anwer Khan Modern Medical College - Bangladesh • Barind Medical College - Bangladesh • Jalalabad Rajib Rabeya Medical College - Bangladesh

Admission Started No Donation Only Fees, Pay Yearly Limited Seats only First Come First Service

• Rangpur Community Medical College - Bangladesh • Vinnytsia National Pirogov Medical University - Ukraine • LVIV National Medical University - Ukraine • Dnipropetrovsk State Medical Academy - Ukraine • Bogomoletes National Medical University - Ukraine • East European University - Georgia • Georgian National University - Georgia • University of Perpectual Help System Dalta - Philippines

AAURTHY INTERNATIONAL EDUCATION INFORMATION CENTRE

Trichy Office: 15, Lakshmi Puram Illrd Cross, Old Palpannai, Thanjavur Road, Trichy - 10.

Phone: 94421 70555, 78268 59272, 96885 96518 E-mail: annadural_aaurthy@yahoo.com

Website: www.saraswationline.com

Chennai Office: Old No.72/ New No.149, 1st Floor, Srinivasa Complex, Linghi Street, Mannady, Chennai - 600 001.

Tel : (044) 2526 0381 / 43111939 Mob: 94442 22056 Email: aeclear@gmail.com

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.