Port Wings Maritime Exim Weekly Newspaper 13 Jan 2021 Issue

www.portwings.in

Jan. 13th - 19th Issue

Happay Pongal

Happay Pongal

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

Wednesday, January 13, 2021

8 Pages

`12

Wing 7 Feather 22

2

Vessel Position at Terminals - (13.01.2021 To 20.01.2021)

Jan. 13th - 19th Issue

CITPL - Chennai

CCTL - Chennai Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

MOL GUARDIAN

Colombo,Damietta Piraes Rotterdam, London

12/01

13/01

CI3

WAN HAI 511

W067/067E

IAS

COST

TCI SURYA

Port klang

Port Kelang(North port) – Singapore,Shangha

16/01

ADHOC

MSC AGATA

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

16/01

17/01

TCXNEW

X PRESS JERSEY

20013

SCM

Port Kelang(North port) – Singapore,Shangha

14/01

ECH

SSL KOCHI

CGP/HAL/PRT/KAK

13/01

14/01

MD1

TRF KAYA

1703W/1703E

BTL

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

ETA

ETD

Service

Vessel Name

12/01

13/01

IEX

15/01

16/01

15/01 13/01

Voy

Agent/Line

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

14/01

15/01

ACS

HYUNDAI MASAN

002W

HMM

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

14/01

15/01

ACS

HYUNDAI PRIVILEGE

076W

HMM

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

15/01

16/01

ECS

SSL CHENNAI

171W

HMM

Tuticorin,cochin,Pipava, Kandla,Jebel ali

15/01

16/01

IVX

ASIATIC MOON

38E

GOL

16/01

17/01

UBB

X PRESS KOHIMA

66

SCA

16/01

17/01

C13

WAN HAI 511

067W

IAS

Tuticorin,cochin,Pipava, Kandla,Jebel ali

16/01

17/01

ADHOC

BLPL BLESSING

2102

BLP

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

16/01

17/01

ACS

HYUNDAI SHANGHAI

124W

HMM

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

17/01

18/01

TCX

X PRESS JERSEY

20013

SCA

Port Kelang(North port) – Singapore,Shanghai

17/01

18/01

TCX

VERMONT TRADER

016W

RCF

Port Kelang(North port) – Singapore,Shanghai

18/01

19/01

ADHOC

ANTON SCHEPERS

21001E

SCA

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

18/01

19/01

SHTL

MEXICO

102W

MSK

ADHOC

NORTHERN DEMOCRAT

18/01

19/01

1

ETD

Service

Vessel Name

Voy

Agent/Line

15/01

16/01

CVK

MSC AGATA

XA102A

MSC

15/01

16/01

MDM

TRF KAYA

1703E

BTL

16/01

17/01

IEX

AL-MANAMAH

056W

HLL

17/01

18/01

CCG

VARADA

32

SMI

20/01

21/01

CHX

VENETIA

101W

MSK

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

13/01

14/01

KAK>CMB

KAPITAN MASALOV

KAK101S

FAR SHIPPING

Halida,Colombo

12-1

13/01

KAK>CMB

RHL AURORA

SH101R

SAMSARA

Halida,Colombo

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 13/01

14/01

CTS

MV.VLADIVOSTOK

169S

FAR SHIPPING

COLOMBO-TUTICORINCOLOMBO

14/01

15/01

TUX

MV.OEL SHARVAN

20182

TWF

COLOMBO-TUTICORINCOLOMBO

15/01

16/01

BOC

MV.XPRESS COTOPAXI 20013S

BTL

COLOMBO-TUTICORINCOLOMBO

16/01

16/01

CI II

MV.WAN HAI 513

OMEGA SHIPPING

TUTICORIN-PORT KELANGQINGDAO-SHANGHAININGBO-SHEKOU

69E

APM Terminal - Mumbai ETD

Service

Vessel Name

18/01

19/01

CIX3

20/01

21/01

TIP

20/01

21/01

14/01

15/01

Calling Ports

18/01

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

15/01

VCTPL, Vizag ETA

ETA

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

ONE

Kakinada Container Terminal

Voy

Agent/Line

Calling Ports

XIN HONG KONG

CEA

Jebel Ali, Mundra,Hazira,Nhava Sheva

MOL GENEROSITY

ONE

Jebel Ali, Mundra,Hazira,Nhava Sheva

CWI

IAN H

GLD

Pipavav,Port Klang,Singapore, Shangai

CIX3

WAN HAI 506

WHI

Jebel Ali, Mundra,Hazira,Nhava Sheva

19/01

CIX3

ZOI

GLD

Jebel Ali, Mundra,Hazira,Nhava Sheva

16/01

FM3

BEIJING BRIDGE

MSK

Pipavav,Hazira,JNPT,Jebel Ali...

16/01

17/01

ME3

SANTA CRUZ

MSK

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

18/01

19/01

PS3

ONE CONTRIBUTION

ONE

Port Qasim, Nhava Sheva, Pipavav, Colombo, T.Pelepas,Tanjung, Singapore,...

Wishing you all a Happy & Prosperous Pongal

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Jan. 13th - 19th Issue

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

Wednesday, January 13, 2021

8 Pages

23 Indian Sailors Returning Home, 18 Still Stuck New Delhi Port Wings News Network ut of the 41 Indian sailors stuck aboard two ships which have been stranded off the coast in China for over seven months now, 23 are going to return back home by the end of this month, according to a news report appeared in Sunday Guardian.

On 9 January, Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, tweeted that 23 Indians stuck on Jag Anand were

O

all set to return home.

He tweeted, “Our Seafarers stuck in China are coming back to India!

Ship M. V. Jag Anand, having 23 Indian crews, stuck in China, is set to sail toward Chiba, Japan to carry out crew change, will reach India on 14th January. This could only happen due to the strong leadership of Prime Minister Narendra Modi.”

The Minister also said that the seafarers will reach Chiba port in Japan on 14 January and after following due Covid 19 protocols they will be able to fly back home.

The 23 Indian sailors who have been on board the Indian flag

bearing ship Jag Anand, have been cleared to return home in India; however, 18 other Indian sailors who are stuck aboard the SwissItalian MV Anastasia ship just miles away from Jag Anand are yet to hear from the Indian government or their Chinese counterparts.

These two ships are currently at the Caofeidian anchorage point in Bohai Sea in China and just about 30 km away from the Chinese port of Jingtang.

The Sunday Guardian reached

out to Gaurav Singh who is onboard the Swiss-Italian MV Anastasia and according to him, the Indian crew members from their ship have not yet been contacted by the Indian authorities or any Indian ministries.

Speaking to The Sunday Guardian, Gaurav said, “We are 16 Indian crew members who are still stuck at the anchorage point off the Chinese coast; we have got to know from the news that our fellow Indians, who were stranded onboard Jag Anand, are going back home, but we have not yet been contacted by the Indian government. We are still tense. We once again through

you request the Indian government to help us and save us from here.”

Gaurav also told this newspaper that the crew members from Jag Anand are being evacuated since their receiver has agreed for a crew change and the movement of the ship, while the receiver of the goods from their ship, Jiangsu Steamship Pte Ltd, a Singapore-based company, has not agreed to move the ship.

These two ships were carrying Australian coking coal to China, but owing to growing economic and political tensions between Australia and China, the Chinese government decided not to offload the coking coal that was being brought in from Australia into China, leaving the crew members of the ship with no option but to stay put with the ship.

The Chinese foreign ministry earlier said that the vessels were stuck at the ports only because of quarantine measures, dismissing speculation that the problem stemmed from the ongoing stand-off between the two countries of China and Australia.

Ministry of External Affairs (MEA) spokesperson Anurag Srivastava said the Indian Embassy in Beijing continued to remain in close and continuous touch with the Chinese authorities in Beijing, Hebei and Tianjin.

Inside Vessel Position at Terminals and Ports...

Latest Customs Exchange Rates...

High Speed Rail Work Gathers...

Why Is Data So Important In...

`12

JNPT Ends the Year on a High Note, Handles 4.47 million TEUs in CY 2020 Mumbai

J

Port Wings News Network awaharlal Nehru Port Trust (JNPT), one of the premier ports under the administrative control of the Government of India, ended the year 2020 on a high note by handling 4.47 million TEUs in the whole year.

According to a media statement,

the total container traffic handled by port is 4.47 million TEUs, with APM Terminals Mumbai (GTI) handling 1.69 million TEUs, DP World NSIGT - 0.77 million TEUs, DP World NSICT - 0.64 million TEUs , JNPCT - 0.56 million TEUs and BMCT handled 0.81 million TEUs. Overall traffic handled in the CY 2020 was 62.32 million tonnes including Liquid and other cargo.

As far as the monthly performance are concerned, JNPT handled 459,920 TEUs in the month of December 2020, which is the highest container volume handled

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in a month ever recorded in the last 20 months.

The container t r a f f i c increased by 9.90 % over the same month of last year and the overall traffic grew by 10.04 % to 6.37 million tons from the 5.79 million tons handled in December-2019.

Also in rail operations, the port handled a record 556 rakes in December 2020. The average monthly terminal handling time of trains improved to 4:42 hours in December from 6:18 hours in September. The average monthly turn-around time of trains (from placement to removal of trains) also reduced to 9:35 hours in December Contd. on page -4

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Wing 7 Feather 22

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Jan. 13th - 19th Issue

4

JNPT Ends the Year on a High Note...

Wednesday, January 13, 2021

Wing 7 Feather 22

Blue Sweep Clears Way for Biden

T

he “blue wave” political scenario is now a reality. And with it, the likelihood of much higher stimulus. That, in turn, would support much higher consumer spending — and imports — just as stimulus did in the second half of last year.

With COVID hospitalizations at record highs, almost 4,000 U.S. deaths per day and vaccine distribution slow out of the gate, a full-year boom scenario may sound implausible. But it just got more likely, courtesy of this week’s two Democratic Senate wins.

According to Jefferies Chief Economist Aneta Markowska, “What seemed like an outside probability just a few weeks ago looks increasingly likely to become reality.”

Container network already maxed out“All the ships that can sail are out at sea and all the containers that can hold cargo are in use,” said Vincent Clerc, head of ocean transport at Maersk, at a briefing on Wednesday, according to Bloomberg.“We hadn’t foreseen just how COVID would change consumer patterns,” Clerc said, explaining the surprise container boom. “People use a much, much higher portion of their wages on goods [versus services],” Clerc added.Digital freight forwarder Flexport reported Thursday that the “January [Asia-U.S.] market remains extremely strong from both a rate level and booking perspective.”

If the blue wave spurs additional stimulus that keeps volumes elevated for much of this year, government spending would indirectly buoy profits of container lines, container-ship lessors, container-equipment lessors — and their shareholders.

Containers lines would earn high spot rates for longer than they would have without added stimulus. Lines would also be in a better position to negotiate higher contract rates. Meanwhile, ship and equipment lessors would see charter rates remain higher for longer or rise even further off current peaks.

On the vessel side, there was not much difference between both Trump and Biden, though shipping topics never really came up in a meaningful way.

Biden, like Trump, will be a continued supporter of the Jones Act, which reserves coastwise trade for vessels built, and owned in the States, crewed

by US mariners.

Biden’s ties to Pennsylvania, his “rust belt” birthplace, and the importance of Philadelphia in the election, will not be unnoticed by observers of the shipbuilding scene. Biden has stressed his ties to organised labour, and had gained the support of a number of maritime unions in the election.

On the cargo side, one obvious likely improvement will be the US trades with Cuba, set back by Trump after an opening by Trump’s predecessor Barack Obama, where Biden served as Vice President, 2009- 2019 - easing decades of sanctions. Increased movements of general cargo, both breakbulk and unitized, and vehicles would benefit both US and other carriers already serving the Caribbean islands.

The US heartland , steel-making states like Michigan and Pennsylvania (won by Biden) and , Ohio (went Republican) were frequent campaign stops for both Donald Trump and Joe Biden. Agricultural stalwarts such as Iowa, Missouri and Kansas were solid “red” states (going for Trump) but fit into the Biden mantra of supporting working Americans. Macro trade flows will see limited impact from a change in Administrations; farmers have noted Biden’s support for biofuels.

The shipping industry will be impacted in a major way, albeit over a timeframe lengthier than a US election cycle, by regulations and initiatives related to climate change. The oil business will likely be under much more pressure to ramp up its non-fossil fuel initiatives, generally, under a Biden regime. However, macro tanker market influencers, related to fleet supply, OPEC+ actions, and by overall oil demand, not red versus blue, will drive tanker Sample markets. The US saw exports increase during the Trump years, following an Obama lateTEXT 2015 initiative, due to bigger picture fundamentals, rather than by explicit Presidential actions.

01

The offshore wind energy, which has seen projects pushed back several years by Trump administration inertia, will be loudly applauding the Biden victory. Under a Biden administration- with cooperation from the Legislative branch, US shipbuilders, and long-suffering owners of oil service vessels, would welcome efforts to facilitate offshore wind projects, driving US energy consumption away from fossil fuels, in a more timely manner.

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Continued from page -3 from 13:34 hours in September.

Commenting on the development, Shri Sanjay Sethi, IAS, Chairman, JNPT said, “CY 2020 has been a challenging year for all of us but we can look back with a certain degree of satisfaction on what we did to keep JNPT up and running and help maintain the supply of essential goods and trade flows critical for the country. I am thankful to all our stakeholders and

employees for lending a helping hand as the team effort helped us sail through the pandemic and credit is also due to the Ministry of Ports, Shipping, and Waterways for the swift actions it took to deal with the fallout of the pandemic on trade and transport.”

During the year gone by, the Centralized Parking Plaza became operational, helping in boosting Direct Port Entry, save cost and time for Export Containers. In 2020, the

port also received the operational status for India’s First Port Based Special Economic Zone, JNPT SEZ. JNPT also completed the construction of a coastal berth with the capacity to handle 2.5 million tons of coastal cargo including liquid cargo, keeping with its commitment towards providing world-class amenities to stakeholders and to give momentum to coastal shipping and will immensely boost coastal cargo trade.

High Speed Rail Work Gathers Momentum New Delhi Port Wings News Network igh Speed Rail work gathers momentum. With the start of LiDAR (Aerial Ground) Survey on 10 January, High Speed Rail work gathered momentum for Delhi - Varanasi High Speed Rail Corridor.

The LiDAR survey for DelhiVaranasi High Speed Rail Corridor started today from Greater NOIDA where a Helicopter fitted with state of art Aerial LiDAR and Imagery sensors took the first flight and captured the data related to ground survey.

National High Speed Rail Corporation Limited is adopting Light Detection and Ranging Survey (LiDAR) technology which provides all the ground details and data in 3-4 months wherein this process normally takes 10-12 months.

The ground survey is a crucial activity for any linear infrastructure project as the survey provides

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accurate details of areas around the alignment. This technique uses a combination of Laser data, GPS data, flight parameters and actual photographs to give accurate survey data.

During the Aerial LiDAR survey, 300 mtrs (150 mtrs on either side) of area around the proposed alignment is being captured for the survey purpose.

After the collection of data, Three Dimensional (3D) Topographical map of 50 mtrs corridor on either side of the proposed alignment on a scale of 1:2500 will be available for designing of the vertical & horizontal alignment, structures, location of the stations and depots, Land requirement for the corridor, identification of project affected plots/structures, Right of Way etc As per the nine (9) standard benchmarks set by the Survey of India in this field, 86 master control points and 350 secondary control points have been established and these coordinates are being used for flying the aircraft on Delhi-Varanasi

HSR corridor alignment.

To provide clear pictures of the structures, trees and other minute ground details,60 megapixel cameras are being used for the LiDAR survey.

NHSRCL has been entrusted to prepare the Detailed Project Reports for seven (7) High Speed Rail Corridors and LiDAR survey technique will be used for ground survey in all the corridors.

Detailed project report for Delhi Varanasi High Speed Rail Corridor has been submitted to Ministry of Railways on 29th October 2020. The proposed plan for DVHSR Corridor will connect the National Capital Territory (NCT) of Delhi with major cities like Mathura, Agra, Etawah, Lucknow, Raebareli, Prayagraj, Bhadohi, Varanasi and Ayodhya.

The main corridor from Delhi to Varanasi (Approx. 800 km) will also be connected to Ayodhya. The High Speed Rail (HSR) route will also connect the upcoming international airport at Jewar in Gautam Buddha Nagar District of Uttar Pradesh.

Abu Dhabi Ports Expands Relief Measures; Halts Rent Increases for Industrial and Economic Zone Customers In 2021 Chennai Port Wings News Network bu Dhabi Ports on 10 January announced a freeze on rent escalation during 2021 for all businesses in its Industrial Cities and Free Zone cluster, in a move aimed at providing further relief to its customers in KIZAD and ZonesCorp and boosting the Abu Dhabi economy in these challenging times.

The effective freeze on rent increase for the entire year is in line with Abu Dhabi Ports’ core philosophy of enabling businesses to remain competitive within their target markets, and follows several measures taken throughout 2020 to provide relief to customers. The rent escalation freeze will benefit more than 1,400 companies within Abu Dhabi Ports’ Industrial Cities and Free Zone cluster.

Abdullah Al Hameli, Head, Industrial Cities and Free Zone Cluster, Abu Dhabi Ports said: “Abu Dhabi Ports is taking steps to help its customers remain competitive during this exceptional economic climate and overcome the challenges brought on

by COVID-19. We are working in line with the Abu Dhabi Government’s efforts to extend relief to businesses by ensuring our customers retain their competitive advantage.

“The freeze in rent escalation we have announced reflects our commitment towards enhancing the growth and stability of our customers and tenants and falls in line with the government directives to stimulate future growth for the UAE’s economy. We are confident that this measure will help fast track the robust economic recovery that the Government is making efforts to achieve,” he added.

Last year ZonesCorp

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customers were exempted from ‘Musataha’ contract registration, utility payments based on actual consumption, and application and documentation fees. The company is also providing a 25 percent price reduction for new investors.

Simultaneously, Khalifa Industrial Zones Abu Dhabi (KIZAD) announced last year relief packages with up to 36 percent savings for Free Zone businesses and SMEs. The package offers both existing and prospective customers savings on new registrations and renewals, along with a waiver on security deposits.

Abu Dhabi Ports, part of ADQ, one of the region’s largest holding companies with a broad portfolio

of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has extended relief measures to continue supporting businesses in Abu Dhabi and help the SME sector grow within the emirate.

Several measures were previously mandated for customers, which include rent deferment, a freeze on late payment penalties, and an exemption from Tawtheeq fees.

At the same time, new investors will be able to take advantage of new relief packages that include waiving of applications fees, a 25 percent reduction in land lease rates for the first year, an exemption on Tawtheeq fees, and a relinquishing of land fixing fees.

CUSTOMS EXCHANGE RATES Notification No.03/2020 (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 08th Jan. 2021

RATE (INR) Import Export 58.30 200.35 58.75 11.50 12.35 91.80 9.60 249.20 54.75 8.85 101.20 20.75 20.15 56.45 5.00 9.15 85.00 10.30 20.55 74.00 72.30 6.95

55.90 188.05 56.70 11.15 11.90 88.60 9.25 233.60 52.35 8.55 97.80 19.45 18.90 54.55 4.70 8.80 81.50 9.70 19.30 72.30 69.60 6.50

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

Jan. 13th - 19th Issue

Why Is Data So Important In Maritime And Shipping Industry Today?

Chennai

I

Port Wings News Network n all industries there is a need to make faster, more accurate decisions in order to gain a competitive edge, and data and the underlying decision-support technologies are key to this.

In the context of maritime and shipping, we see increasing consumer demands resulting in greater pressure on supply chain stakeholders. In order to optimize supply chains and adapt to these new demands, decision-makers need to be able to access reliable data in real time and apply that information in a practical way (these topics are discussed in our white paper about data management and digital transformation).

Furthermore, data volumes and frequencies are only growing.

This creates opportunities, but also challenges in terms of how to extract high value. When data is managed and applied in the right way, it can also drive other benefits for the industry, such as helping to improve sustainability, safety, logistics efficiencies and supply chain transparency.

In general, are industry participants making optimal use of their data? If not, what are the most common barriers?

There are a number of different aspects to optimizing data usage – not all of which are widely adopted today. Firstly, it is important to develop a culture in which data is understood to be an asset. This will help ensure support and buyin throughout the enterprise.

Organizations should be aligned from top-to-bottom to implement data management and governance best practices – with an emphasis on data quality, transparency and completeness.

Technology can and should be an enabler of this. Too often today we see that a reliance on manual processes and inflexible legacy technologies is preventing maritime and shipping participants from making optimal use of their data – when the opposite should be true. By investing in the right platform and architecture, you can eradicate data siloes and ensure that all users have access to the same high-quality, validated data for use in their decision-making and operational processes.

What are the most innovative organizations doing?

Culture is a big factor. When senior leaders view data as an asset, the rest of the organisation will too. Those that want to take data management to the next level and extract the maximum value from their data often start by assessing their existing state; thinking about their future landscape; and then identifying the areas that need attention in order to achieve strategic goals. They use formal frameworks to track their progress and assign responsibilities to various in-house stakeholders, resulting in accountability.

Many participants are investing in analytics, AI, data lakes and business intelligence solutions to gain insights into vessel performance, port call optimization and vessel fuel efficiencies, for example. The most successful are those that first focus on getting data management right – including data quality, completeness, governance and stewardship. They understand that no matter how sophisticated their analytics applications are, the outputs will only be reliable if the

input data is accurate. Implementing these core capabilities will also prove valuable for future projects as participants navigate constantly changing market environments.

Digital transformation is a strategic priority for many industry participants. Why is data management so important for digitalization initiatives?

Four of the core areas of digital transformation include: data, technology, business processes and organizational change. Each of these areas relates to data management in many ways and will deliver a number of benefits. For example, increasing data quality and automating data processing and integration will create a single of truth that users can rely on to make decisions. As discussed in our recent white paper, without sound data management, digital transformation initiatives are likely to either fail or fall short of the envisioned benefit.

Consequently, users are likely to build (often bespoke) workaround solutions, creating a fragmented data and technology landscape.

Digital transformation is an ongoing project – it has to be due to the continually changing nature of the industry. As competition and supply chain demands increase, industry participants need to be able to use their data and the underlying technology capabilities to adapt, grow and scale.

Many industry participants are investing in analytics. What is the role of data management?

Downstream systems such as analytics platforms are only as good as the data going into them. It is the old adage: “garbage in, garbage out”.

Most of the time data will be coming from multiple sources (for example, vessels, ports, terminals, railroads, containers, shipping lines, data providers and customers) in various formats and frequencies.

The role of data management is to control the integration, validation and completeness of data. Data management is critical for ensuring analytics initiatives and solutions are fed with validated and complete data. Data management is also a mechanism for then distributing those analytics to other parts of the business. This will lead to organizational-wide innovation.

Having a core data management platform gives users confidence that the data that is being analysed is the exact same data that is also being processed in other downstream systems – there is consistency across the whole organisation. This builds trust across user groups, leading to cross-business collaboration.

Regulatory reporting is becoming more prominent. What is the role of data management?

When it comes to regulatory reporting, there are several fundamental steps that need to be taken: sourcing and validating the relevant data; creating an accurate and complete report; and distributing this information in a timely way.

Data management plays a crucial role, ensuring each of these steps is executed accurately and efficiently.

Regulatory requirements often evolve, and data management is a mechanism to enable scale when required, as well as providing transparency and confidence to stakeholders. Participants must ask themselves – Do I trust the data I am reporting? Do I understand what I am disclosing? What are the consequences of misreporting? We have seen this for the past decade

in the financial services industry, and those that implement robust reporting capabilities are able to comply with more transparency and ease as new requirements emerge.

Isn’t data management just an IT issue? Why should senior managers, leaders and non-tech teams engage with data management within their functions?

To a certain degree, everyone is a data manager and should care about the information that drives their decisions every day – its completeness, accuracy and timeliness. If data is looked at purely from an IT perspective, the needs of other groups (especially the business) are not met. When this happens, business users end up building their own workarounds which are often bespoke and tactical. To become a truly digitalized and data-driven organization, data management and its core principles need to be embraced throughout, with a strong emphasis on collaboration to ensure solutions and practices can serve both short- and long-term needs.

Decision-making in all departments and at all levels revolves around the organisation’s data. Therefore, the governance and management of the data must be performed across all of these areas, as each area will have different requirements and priorities for the data.

Cloud technology is becoming a bigger focus for the industry.

How does this relate to data management?

Business environments are continually and quickly changing.

The COVID-19 pandemic is a good example of this. Organizations had to move swiftly from in-office to working-from-home arrangements and needed access to information and data to navigate the initial impact.

Those that had cloud-enablement strategies and cloud-based data and technology infrastructures were able to weather the storm more smoothly than others.

Cloud-based data management also allows participants to scale up or down their operations more effectively as data and technology demands change – for example onboarding new content or integrating a new decisionsupport platform. Having your data estate in order (validated, complete and trustworthy) and in a manageable, centralized manner in the cloud is a key pillar for futureproofing your organization.

Cloud enablement also allows organizations to tap into managed services offerings from solutions providers.

This means, for example, outsourcing application management, change management and upgrades to a third-party provider. Becoming a data-driven organization does not mean you need to take on the cost of hosting and maintaining technology.

Leveraging a cloud-based managed service offering frees your internal teams up to focus on higher-value tasks and innovation, while also reducing the total cost of ownership.

As a hosted and managed services provider, we are continually adding more functionality (such as monitoring, performance optimisation, analytics etc.) to our cloud offerings and these benefits are passed directly to our clients. Finally, with regards to security, cloud and managed services offerings typically offer a more secure and innovative environment than individual organisations can achieve on their own. This is clear from the widespread adoption of cloud and managed services offerings in many industries.

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Exporters Get Some Relief As Rlys Moves Empty Containers Free To CFS, ICD New Delhi Port Wings News Network xporters struggling to cope with the container shortage in the country are somewhat relieved after Indian Railways issued orders for free movement of empty containers from the ports to the container freight stations (CFS) and Inland Container Depot (ICD) where they can be loaded for exports, according to a BusinessLine report.

The Centre is also trying to ensure that not too many empty containers are taken out of the country by ships to other destinations, such as China, which may offer higher prices, so that the domestic shortage is alleviated to some extent.

“The container shortage is worldwide and not exclusive to India. Things have improved on the Western side of the coast as shipping lines have brought containers from outside. But in the Eastern coast the shortage is still there and efforts are on to improve the situation,” said Ajay Sahai, Director General, FIEO. The Covid-19 pandemic has led to disruption in movement of goods as there is rise in demand for certain kinds and drop in others leading to erratic distribution of containers and inadequate availability for exports at many points.

The Indian Railways decision to move empty containers from ports, where the shipping lines unload them, to CFS, ICD and hinterland areas, free of cost for use by exporters has helped significantly, said Sahai. “This is a very good

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move and is helping the exportimport community. If the service was not provided, the shipping companies would have tried to load it on exporters,” Sahai said.

Another way being explored to address the shortage is by restricting shipping lines from taking away a large number of empty containers, after unloading import shipments in India, to other destinations such as China for getting better prices.

“The logistics section of the Commerce & Industry Ministry and the Directorate General of Shipping had taken up the matter and some exchanges happened with the Port Authority of India on the matter of possible restrictions on empty containers being taken out of the country. Now, the chairman of each port is likely to take a decision on the matter,” an official tracking the matter told BusinessLine.

Plea for regulatory body Several export bodies have petitioned the government for a regulatory authority for the shipping sector similar to other sectors like real estate. “Countries like Sri Lanka have such authority. The whole idea is to at least have some standard checks and balances so that there is more transparency, cost effectiveness and certainty for export-import trade,” FIEO pointed out in an earlier letter sent to the Commerce Ministry.

As per estimates made by the organisation, the export-import community remits $40 billion as shipping charges every year.

Cargo Volumes At Dozen State-Owned Ports Dip 8.8% During April-December Mumbai

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Port Wings News Network he country’s dozen stateowned ports handled a combined 477.755 million tonnes (mt) of cargo during April to December, 8.8 per cent lower than the 523.844 mt in the same period last year, reports BusinessLine.

Barring Mormugao Port Trust, all the other 11 ports continue to suffer from volume declines triggered by the Covid-induced demand destruction. However, the extent of volume decline year-on-year has been reducing since July, suggesting a recovery in India’s external trade, according to the Ministry of Ports, Shipping and Waterways.

Petroleum, Oil and Lubricants (POL) cargo comprising crude oil, petroleum products, LPG and LNG, other liquids, thermal and steam coal, coking coal and containers continue to suffer volume declines during the April to December period compared to last year.

Container volumes declined 10.99 per cent to 6.706 million twenty-foot equivalent units (TEUs) from 7.534 million TEUs a year ago.

Jawaharlal Nehru Port Trust handled 3.222 million TEUs during April-December, lower than the 3.778 million TEUs last year.

Container volumes at Chennai Port Trust grew to 1.066 million

TEUs during the nine months of FY21 from 9,60,000 TEUs in FY20.

Cochin Port Trust also recorded higher container volumes at 4,78,000 TEUs from 4,66,000 TEUs during April-December of FY20.

Thermal and coking coal plunged 16.43 per cent and 12.13 per cent respectively during the period to 55.164 mt and 36.963 mt respectively from a year ago.

Iron ore including pellets jumped 28.64 per cent to 50.662 mt during the period compared to 39.382 mt last year.

Finished and raw fertiliser cargo witnessed an increase between April and December, registering 5.19 per cent and 12.96 per cent growth respectively to 8.080 mt and 5.578 mt respectively from a year earlier.

POL cargo declined 16.71 per cent to 148.269 mt from 178.006 mt from a year ago.

Mormugao Port Trust handled 14.530 mt between April and December from 11.777 mt a year ago, clocking a growth of 23.38 per cent.

Paradip Port Trust has re-bounded with volumes almost reaching the levels seen during the nine months of FY20. The port located in Odisha handled 82.441 mt between April and December 2020 from 83.617 mt compared to the previous year, a decline of 1.41 per cent.

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www.portwings.in for Latest News

Jan. 13th - 19th Issue

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DP World Chennai Develops Direct Connectivity To China/South East Asia Chennai

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Port Wings News Network lobal Logistics company, DP World operated Chennai Container Terminal (CCT) has added a new China–East India Service, “CI5 service”.

The new service will enhance connectivity to South East Asia and China. The service is operated by a consortium of five vessel operators – Wan Hai Lines, Interasia Lines,

KMTC, Goldstar Lines and BTL. The new CI5 service is the firstever service from Chennai that will provide direct connection to Pasir Gudang, Malaysia and Kaohsiung, Taiwan and will also offer direct connectivity to key ports of China in Shekou and Qingdao on the East Bound leg.

The service started with the maiden call of vessel “MV Interasia Heritage” on 5 January, 2021. The vessel arrived from Port Kelang and carried total exchange of 4690 TEUs of which 2685 TEUs were Import and 2005 TEUs Export.

Inclusion of this service reinforces Chennai Port’s position as South India’s major trade gateway

with state-of-the-art facilities and best-in-class infrastructure to effectively serve growing needs of the trade. MV Interasia Heritage is one of the six 4250 TEUs capacity vessels which will call the DP World Chennai terminal.

Capt. R. Venkatesh, CEO, DP World Chennai, welcomed the partners of the new service and reiterated the terminal’s efforts to render world-class customer

service and to deliver best-in-class operational performance.

The new service will allow customers to connect their cargo efficiently with better frequency and service coverage as well as boost the growing trade between China / South East Asia, and East coast of India.

Shri. P. Raveendran, Chairman, Chennai Port Trust, said: “We welcome the new service and look forward to more customers selecting Chennai as their preferred port of call. By the recent declaration of VRC rebates to vessels engaged in transhipment cargo as per specified norms, we are confident this new service will reap benefits, thereby adding value, minimizing

costs, and promoting Chennai as a transhipment hub.”

Mr. M. M. Parthiban, Principal Commissioner of Customs, said “it is our constant endeavour to facilitate the Ease of Doing Business at Chennai Port. Our recent initiative to digitize Customs clearance processes for paperless transactions, will not only enhance efficiency at the port but will also benefit customers by reducing the

time and cost involved in import/ export trade.”

Rizwan Soomar, CEO & MD, DP World Subcontinent, said “At DP World, it is our constant endeavour to innovate, add new products & services and create solutions that improve supply chain effectiveness and add value to trade.”

Rizwan Soomar stated: “We are delighted to add the new service at our Chennai terminal and thank our partners for their constant support & trust in us. The New CI5 service will connect South East Asia and China to India’s East coast thereby, providing customers with fast & reliable options to link their cargo directly to key global markets.”

JNPT Welcomes New Tugboat Daisy Star Chennai

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Port Wings News Network awaharlal Nehru Port Trust (JNPT), India’s premier container port kick-started the new year on the newly inducted Tug-Boat “DAISY STAR’’ with the crew of tug Daisy Star and

Polestar Maritime Team along with Chairman Shri Sanjay Sethi, IAS, & Dy Chairman Shri Unmesh Sharad Wagh, IRS, other senior officials and stakeholders of JNPT. The newly inducted tug “Daisy Star” will help in handling vessels of various sizes thereby providing more safety during handling larger ships. Additionally, during strong tide and severe monsoon conditions, the tugboat will add to the safety of marine operations.

The tug “Daisy Star” is of Azimuth Stern Drive configuration type based on the Robert Allen design and equipped with the latest technology & equipment. The tug, also designated as Agni Class for fire-fighting operations, has joined the existing advanced fleet of JNPT. “Daisy Star” utilizes two Niigata Main Engines each developing 1654 kW at 750 rev/min giving a

bollard pull of 60 tonnes and a speed ahead of around 12 knots. The tug has been designed to provide highperformance line & ship handling capabilities thereby augmenting the fleet of JNPT. 459,920 TEUs in December JNPort closed the year by handling 459,920 TEUs in December. Additionally, JNPort successfully registered a 10.04% growth in overall traffic handling in Dec 2020 as compared to Dec 2019 while in terms of TEUs the container traffic increased by 9.90% over the same month last year.

JNPT Launches Continuous Ambient Air Quality Monitoring Station (CAAQMS) at Port Operation Centre Jawaharlal Nehru Port Trust (JNPT), India’s premier container port in a major push and with a vision to achieve Sustainability goals and Green Port status, has launched ‘Continuous Ambient Air Quality Monitoring Station’

(CAAQMS) at Port Operation Centre at JNPT in the presence of Mr. Sanjay Sethi, IAS, Chairman, JNPT, Mr. Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT, Mr.

A.S. Ramteke (IRRS) CVO, Prof.

Shiva Nagendra, IIT Madras, and JNPT HODs. The newly launched CAAQMS station, will monitor real time Air Quality parameters like Particulate Matter (10, & 2.5), Sulphur Dioxide (SO2), Nitrogen Dioxide (NO2), Ammonia (NH3), Ozone, CO, NOx, NO and VOCs. Besides these, weather-related 6 parameters data as Temperature, Rainfall, Humidity, Solar radiation, wind speed and direction will also be monitored at the station. The CAAQMS station will also generate real-time continuous Air Quality data, which will be displayed to the public through large screen. These values will be displayed at the JNPT website for easy access to public.

The ‘Continuous Ambient Air Quality Monitoring Station’ station will be operated and maintained

by Indian Institute of Technology, Madras for real time air quality status of the port. The port has been monitoring air quality as per National Ambient Air Quality Standard and implementing sensor-based air quality monitoring instruments to provide automatic air quality data at several locations inside the port.

This new system will help the port to be at par with sustainable global ports augmenting JNPT’s stature to be among the leading container ports in the world.

Paradip Port Issues Global RFQ for Development of Western Dock on BOT Basis New Delhi Port Wings News Network ithin four days of approval by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, Paradip Por Trust (PPT) issued a “Global Tender” for the project of “Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port”.

PPT has invited applications from the interested parties in accordance with the qualifications (RFQ) in order to shortlist competent applicants who would be subsequently invited to bid (RFQ) for the project. The last date and time of submission of RFQ is 18 February 2021 till 1100 Hrs. The details are available in the PPT website www.paradipport.gov.in The Western Dock will come up

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by the selected operator at a cost of Rs.2,392 Crore on BOT basis.

The proposed project envisages Construction of Western Dock Basin with facilities to handle cape size vessels by the selected BOT Concessionaire with an ultimate capacity of 25 MTPA (Million

tonnes per annum) in two phases of 12.50 MTPA each.

The Concession period shall be 30 years from the date of Award of Concession. Paradip Port Trust (Concessioning Authority) shall provide the Common Supporting Project Infrastructure works like breakwater extension & other ancillary works to facilitate handling of cape size vessels.

GatewayRail “is proud to be associated with” Inauguration of Western Dedicated Freight Corridor Mumbai Port Wings News Network atewayRail Freight Ltd is proud to be one of the first operators on the Western Dedicated Freight Corridor inaugurated by the Prime Minister Shri Narendra Modi by video conferencing on 7 January 2021.

The prime minister flagged off the inaugural double stack formation of two trains with a total length of 1.5 km from New Ateli Junction.

GatewayRail’s train from ICD Garhi Harsaru to Mundra Port was one of the two trains in this formation.

This is the world’s first double stack train to be operated by electric locomotives. The freight trains will run at a speed of up to 100 KMPH on this newly inaugurated Rewari - Madar section of the western dedicated freight corridor.

This freight corridor will be used for exclusive operation of freight trains. The opening of this section will benefit industries in Gurugram, Manesar, Rewari, Neemrana industrial areas of Haryana and Rajasthan. This will also connect various Multi Modal Logistics hubs including GatewayRail’s terminal at Garhi Harsaru (Gurugram Haryana) to the Dedicated Freight Corridor providing a quantum boost to the freight and logistics of the entire Northern India region.

On this special occasion, Mr Sachin Bhanushali, Director & CEO at Gateway Rail Freight Ltd said, “We are extremely proud to be one of the first Intermodal Operators to run its train on the newly inaugurated section of the Western Dedicated Freight Corridor. The transit time of our trains will reduce significantly and we will be able to provide an even more reliable service to our customers through our North India ICDs at Garhi Harsaru, Faridabad and Ludhiana. Our Intermodal Hub at Garhi Harsaru, Gurugram in NCR is now connected to the Western Dedicated Freight Corridor. We have created the necessary infrastructure at this terminal to operate regular

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services on the DFC for Mundra and Pipavav Ports from our container terminal. We will also be operating our train services for Nhava Sheva port on the DFC through our Gujrat hub at Viramgam near Ahmedabad.”

Mr Prem Kishan Gupta, Chairman and Managing Director of Gateway Distriparks Ltd and Gateway Rail Freight Ltd said “It is a momentous day for the logistics sector of India and for GatewayRail in particular. We are in readiness to harness the tremendous opportunity that is now available with commissioning of this section of the DFC. The ultimate benefit of this infrastructure dedicated to rail transportation of cargo will help industries in North India and will help Indian manufacturing industry in NCR to be internationally competitive.”

GatewayRail (a subsidiary of Gateway Distriparks Ltd) is India’s leading Private Intermodal Operator

which operates four rail-linked Inland Container Depots at Garhi Harsaru, Faridabad, Ludhiana and Viramgam and a Domestic Container Terminal in Navi Mumbai with an overall annual handling capacity of over 6,00,000 TEU and warehousing space of over 40,000 SQM. The company operates a fleet of 31 container trains sets and providing daily container train services from these ICD to ports terminals at Nhava Sheva, Mundra and Pipavav ports for EXIM and Domestic containers. The parent company Gateway Distriparks Ltd (GDL) operates six Container Freight Stations at Nhava Sheva (2), Chennai, Krishnapatanam, Kochi and Visakhapatnam.

Jan. 13th - 19th Issue

PM Modi Dedicates Rewari - Madar Section of Western Dedicated Freight Corridor to the Nation New Delhi Port Wings News Network rime Minister Shri Narendra Modi dedicated to the nation the 306 km long Rewari - Madar section of the Western Dedicated Freight Corridor (WDFC) through video conference on 7 January 2021.

He also flagged off the Double Stack Long Haul Container Train on this route. Governors Rajasthan and Haryana, Chief Ministers of Rajasthan and Haryana and Union Ministers Shri Piyush Goyal, Shri Gajendra Singh Shekhawat, Shri Arjun Ram Meghwal, Shri Kailash Choudhary, Shri Rao Inderjit Singh, Shri Ratan Lal Kataria, Shri Krishan Pal Gurjar were present on the occasion.

Speaking on the occasion, the Prime Minister said Maha Yagna to modernize the country’s infrastructure has gained a new momentum today. He listed the initiatives of the Government launched in the last 12 days to modernize the country like DBT to farmers, launch of National Mobility Card in Airport Express Line, inauguration of AIIMS Rajkot, IIM Sambalpur, Light House Projects in 6 cities, National Atomic Timescale and Bharatiya Nirdeshak Dravya, National Environmental Standards Laboratory, KochiMangalore gas pipeline, 100th Kisan Rail, a section of Eastern Dedicated Freight Corridor.

He added that so many launches were done

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even during this in this period of Corona to modernize the country.

The Prime Minister said the Made in India vaccine for Corona approved a few days back has instilled a new confidence in the people.

He said Dedicated Freight Corridor is seen as the game changer project for India in the 21st century. He said since the launch of the New Bhaupur - New Khurja section average speed of the freight train has tripled in that particular section. He said with the flag off of the first double stacked container freight train from New Ateli in Haryana to New Kishanganj in Rajasthan, India has joined the select nations in the world. He lauded the efforts of the engineers and their team for this proud achievement. He said this dedicated freight corridor will bring new opportunities and new hopes for everyone especially farmers, entrepreneurs and merchants of Rajasthan.

He said the dedicated freight corridor is not only the route for modern freight trains but also a corridor for rapid development of the country. These corridors will form the basis of development of new growth centers and growth points in different cities of the country, he added.

The Prime Minister said the Eastern Freight Corridor has also started showing how they are increasing the strength of different parts of the country. He said the western freight corridor will make farming and allied business in Haryana and Rajasthan easier and also impart new energy into cities like Mahendragarh, Jaipur, Ajmer and Sikar. Faster access to national and international markets have opened for the manufacturing units and

entrepreneurs of these states at a much lower cost. Faster and cheaper connectivity to the ports of Gujarat and Maharashtra will boost new investment opportunities in the region.

The Prime Minister said that the creation of modern infrastructure also gives rise to new systems in life and business and not only speeds up the works associated with it but also powers up several engines of the economy. He added that the corridor not only creates employment in the construction sector but also in other sectors like cement, steel and transport. Elaborating upon the benefit of the Dedicated Freight Corridor, the Prime Minister said, it will cover 133 railway stations in 9 states. At these stations, there will be multi model logistic parks, freight terminal, container depot, container terminal, parcel hub. All these will benefit the farmers, small industries cottage industries and larger manufacturers as well, he said.

Using the analogy of the railway tracks, the Prime Minister said that today in India, work in Infrastructure running simultaneously on two tracks. Individual and growth engine of the country. At individual level, the Prime Minister pointed out the reforms in housing, sanitation, electricity, LPG, road and Internet connectivity. Crores of Indians are benefiting from many such schemes. On the other track, growth engines such as industry, and

entrepreneurs are being benefited by the rapid implementation of highway, railway, airway, waterway and multi-modal port connectivity.

Like freight corridors, economic corridors, defense corridors, tech clusters are being provided to the industry. This individual and Industry infrastructure is creating a positive image of India, reflected on increasing foreign exchange reserves and trust in India said the Prime Minister.

The Prime Minister also thanked the people of Japan for their technical and financial support in the project.

The Prime Minister emphasized the coordination between individual, industry and investment for modernization of the Indian Railways. Recalling the woes of the passengers in the earlier times, the Prime Minister said that significant work has been done in the areas of cleanliness, timeliness, good service, ticketing, facilities and security.

He gave examples of cleanliness of stations and compartments, biodegradable toilets, catering, modern ticketing and model trains like Tejas or Vande Bharat express, Vistadome coaches. He also highlighted the unprecedented investment in broad gauging and electrification which has led to enhanced scope and speed of the railways. He talked of semi-high-speed trains, modern technology for laying down the tracks and expressed the hope that every North-Eastern state capital will be connected with railways.

The Prime Minister noted the sterling contribution of the Railways during the Corona period and praised them for their role in taking the labourers to their homes.

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PSA Mumbai Welcomes New Far East Service as PSA India Terminals Achieve Record Monthly Throughputs

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Chennai

Port Wings News Network he arrival of the “M.V Wan Hai 507” at PSA Mumbai on 3rd January 2021 as part of the joint Wan Hai Lines / Interasia Lines CI2 / ICI service marked the terminal’s latest addition to its services – its 7th weekly service call and its 5th direct Far East service. PSA Mumbai, PSA Chennai and PSA India also achieved record monthly volumes in December.

At a ceremony to welcome the vessel, a Wan Hai Lines spokesman said, “PSA Mumbai is equipped with the latest technology to offer customers fast turnaround of their vessels and is also well-connected by major highways and rail networks to key markets in Maharashtra, Gujarat, and the National Capital Region of India.

By further strengthening its current service scope among India and Far East corridors, PSA Mumbai will enhance Wan Hai Lines’ market coverage to better serve customers’ needs. CI2 service is jointly operated with Interasia Lines (IAL) by using 6 vessels with nominal capacity of 4,250 TEU, 4 deployed by Wan Hai Lines and 2 vessels by IAL. With its friendly working atmosphere, the two services (CI2 and CI6) will now offer better service to customers in Nhava Sheva operating from PSA Mumbai.”

An Interasia Line spokesman commented, “We are glad to take our global relationship with PSA one step forward by commemorating our ICI service at PSA Mumbai, giving us an edge to meet customer satisfaction with enhanced operational efficiency and move count per hour. We look forward to lay down several milestones of success and growth together. Best of luck to both Interasia and PSA Mumbai teams! “ Mr. Sivakumar Kaliannan, Managing Director of PSA Mumbai said, “We are

immensely grateful to Wan Hai Lines and Interasia Lines for entrusting a second service to us with the arrival of the CI2/ICI, soon after the launch of their CI6 service in December.

December was an extra special month for us, as PSA Mumbai reached its highest ever monthly throughput of 94,728 TEU.” Mr Mike Formoso, Managing Director of PSA India said, “PSA India achieved a record volume of 257,347 TEU for the month of

December, with PSA Chennai joining PSA Mumbai in setting its own record monthly high of 93,514 TEUs. All PSA India terminals operated uninterrupted throughout 2020, handling every scheduled vessel call and many more unscheduled ones, thanks to the unstinting efforts of our staff, contractors and stakeholders working steadfastly and safely alongside each other. We are also grateful for the great support from our customers and users of all our terminals. With this new service call from Wan Hai and Interasia Lines, 2021 is off to a strong start and we will also soon see new products and developments for PSA India, including enhancements of the ODEX digital online payment solution earlier launched in September 2020.”

CBIC Introduces Flagship Liberalised Authorised Economic Operator Package For MSMEs New Delhi Port Wings News Network ecognising their critical contribution in supporting the economy especially during the present difficult times of COVID-19 pandemic, Central Board of Indirect Taxes & Customs (CBIC) has taken a new initiative to introduce its flagship “Liberalised MSME AEO Package” for Micro Small and Medium Enterprises (MSMEs).

In order to attract MSMEs to become Authorised Economic Operators (AEOs) and avail the various benefits, the CBIC has relaxed the compliance criteria provided the MSMEs have a valid certificate from their line-Ministry.

The relaxed requirements allow MSMEs who have filed minimum 10 Customs clearance documents in one year and who have a clean compliance record over 2 years to apply for the scheme. The documentary requirements have also been appreciably simplified. Another feature is that the CBIC commits to take a decision on an application for grant of AEO status within only 15 days from electronic submission of complete documents for AEO Tier T1.

Additional benefits, like further reduction in Bank Guarantee requirements, have been introduced for MSMEs, and will be expanded subsequently.

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CBIC’s flagship “Liberalised MSME AEO Package” scheme is a voluntary compliance programme which enables swifter Customs clearance for accredited stakeholders in the global supply chain viz. importers, exporters, logistic service providers, custodians etc.

The approved AEOs derive various benefits such as, inter alia, the facility of Direct Port Delivery (DPD) of imported containers, Direct Port Entry (DPE) of their Export Containers, high level of facilitation in customs clearance of their consignments thereby ensuring shorter cargo release time, exemption from Bank guarantees, priority for refund/ rebate/ duty Drawback, as well as a Client Relationship Manager at the customs port as a single point of interaction. Another important benefit available to specified AEOs is that their payment of Customs duty is deferred and need not to be paid before the clearance of the imported goods by Customs. An added advantage for Tier 2 AEOs is that their exports to certain countries are accorded facilitation by the foreign Customs administration with whom India enters into a Mutual Recognition Agreement/Arrangement.

Through “Liberalised MSME AEO Package”, CBIC encourages all eligible MSMEs to avail advantages of faster Customs clearances and other related benefits.

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RNI No. TNENG/2014/59741 Postal Registration No. TN/CNIGPO/067/2021-2023 Posted at Pathrika Channel, Egmore, RMS, Chennai-8.

Date of Publication - Wednesday, Posted on Tuesday / Wednesday

Jan. 13th - 19th Issue

Liners Highly Unlikely To Slash Service For Chinese New Year Chennai

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Port Wings News Network very year, the global supply chain grapples with a major disruptive event: Chinese New Year (CNY). Volumes at sea plunge as Chinese factories shut down. Carriers temporarily “blank” (cancel) sailings due to lack of outbound boxes. Importers pull cargoes forward before the holiday to ensure they have enough inventory.

CNY falls on a different date every year. Its impacts on world trade are so substantial that analysts often plot year-on-year comparisons in relation to CNY timing, not the calendar.

For the second year in a row, the CNY pattern looks like it will break the mold.

The Wuhan outbreak extended the normal CNY period of blank sailings in 2020 by several weeks.

The Chinese COVID outbreak essentially lengthened the traditional vacation break. This doubled the usual CNY holiday effect.

The mirror-opposite scenario is taking shape in 2021. Chinese factory workers will still take their vacations, but carriers appear almost certain to blank drastically fewer sailings than usual.

SHARPLY REDUCED BLANK SAILINGS China is holding its CNY celebrations from Feb. 12-26 this

year. According to Sea-Intelligence CEO Alan Murphy, “Carriers are likely having a difficult timing planning capacity management for CNY 2021.”

He added: “With under six weeks left, the clock is ticking.”

As of last Friday, carriers had announced just five blank sailings on the trans-Pacific and seven on the Asia-Europe route for the CNY period.

Last year, there were 73 CNY blank sailings on those routes (excluding blanking due to the COVID outbreak). In 2019, there were 67.

“At present, CNY reductions are hardly visible for 2021,” commented Murphy.

CNY capacity reductions on the Asia-West Coast route for this year are currently just 2.1%. Asia-East Coast reductions are just 3.6%. In sharp contrast, the average CNY reductions in 2016-2019 were 20.4% and 19.2%, respectively.

Carriers can still blank more sailings, but they would need to do so quickly. For “relative capacity reductions of previous years [to] be reached, carriers would need to blank 37-41 sailings on Asia-West Coast and 12-15 sailings on AsiaEast Coast,” noted Murphy.

“It is clear that the carriers are currently scheduled to blank far less than in previous years,” he said.

“If they are to reach the level

of previous years, a raft of blank sailings would have to be announced very soon.”

American Shipper asked a Maersk spokesman whether the liner giant would curb CNY blank sailings this year. Maersk didn’t answer the question directly but responded, “We continue to see demand strength in North American customers as a carryover from the extended peak of 2020. We’re in close communications with them and our intention is to support their needs and those of our U.S. exporters as we approach CNY.” PROS AND CONS OF 2021 CNY PATTERN The Wall Street Journal recently reported that Chinese exporters are facing unprecedented delays in getting their goods to sea. A sharp reduction in CNY voyage cancellations should help clear cargo logjams on the Asia side.

SeaIntelligence Consulting CEO Lars Jensen told American Shipper, “As a starting point, this is good.

Either demand continues to be strong, in which case the capacity is certainly needed. Or demand sees the usual seasonal slowdown, in which case this will be a big help in alleviating the capacity bottlenecks.”

According to Eytan Buchman, chief marketing officer of Freightos, “Carriers have announced far fewer than normal blanked sailings around the CNY lull.”

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Akil Enterprises (Exim Logistics Agency)

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attention. The Federal Maritime Commission is monitoring carriers’ blank-sailing actions and increased carrier reporting requirements in late November.

The European Shippers’ Council and European Freight Forwarders Association sent a joint letter to the European Commission on Monday alleging that carriers are violating contracts and “unilaterally setting rates far in excess of those agreed in contracts.” In its initial public offering (IPO) registration, the carrier ZIM disclosed that two of its subsidiaries “became involved in two separate industryrelated investigations regarding competition law issues.”

It also disclosed that “a claim was filed against the company, together with other carriers operating in that jurisdiction, regarding commercial issues. The involved carriers jointly responded to the claim.” ZIM did not disclose the jurisdiction or the nature of the claim.

It is still theoretically possible that carriers could blank their usual number of CNY sailings. But to do so, they would need to announce a very large number of sailing cancellations in the next few weeks — at the very time rates are historically high.

That in itself would not look good to regulators. And if carriers went ahead with their usual blanking strategy and rates in the CNY period stayed high or rose further, it would look even worse.

AET Takes Delivery of DP2 Shuttle Tanker Eagle Pilar

Happy Pongal

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This “may indicate they will use that time to help relieve the empty container imbalance,” said Buchman.

But it’s not all good news.

A normal level of CNY voyage cancellations would have helped ports in Los Angeles and Long Beach clear the queue of ships at anchorage in San Pedro Bay. The Marine Exchange of Southern California reported that there were 33 container ships at anchorage as of Monday.

Asked whether a decline in CNY sailings was good or bad for port congestion, Port of Los Angeles Executive Director Gene Seroka told American Shipper, “Given the import surge that has been ongoing since summer, we expected a reduction in Lunar New Year blank sailings. We have been in touch with carriers about this and we are working with our stakeholders to manage the increased volume.”

Steve Ferreira, founder of Ocean Audit, believes carriers’ decision to not blank nearly as many CNY sailings is an ominous sign. “It’s bad,” he opined. “It means the problem is probably at least two times worse than we imagined.”

RISING REGULATORY RISK Another reason carriers are highly unlikely to slash CNY services to the usual extent involves regulation.

Freight rates are historically high and have already caught regulators’

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Chennai

Port Wings News Network ET, one of the world’s leading petroleum tanker owners and operators, on 6 January 2021 took delivery of Eagle Pilar, a new Suezmax second generation Dynamic Positioning (DP2) Shuttle Tanker which has been purpose built for long-term charter to Brazil Shipping I Limited, a wholly owned indirect subsidiary of Royal Dutch Shell plc.

Eagle Pilar has been successfully delivered to AET by Samsung Heavy Industries (SHI) in South Korea. The vessel was safely constructed at the SHI yard and timely delivered amid the COVID-19 outbreak with all extra health and safety precautions taken by AET and the Eaglestar site teams working closely together with the SHI team to safeguard the ongoing andt delivery.

Sconstruction er v en DWT DP2 vessel has been iThis ce Tr 153,180 e f f uly Di r built in collaboration with DNV-GL and Eaglestar and is operating to the highest operational and environmental standards, including full compliance with IMO NOx Tier 3 and SOx emission requirements. Eagle Pilar, by design, is approximately 25 to 30 percent more fuel efficient than the DPSTs built in the early part of the last decade, thereby demonstrating our ambition to align with IMO’s 2030 carbon intensity aspirations.

In addition, the vessel is installed with a ballast water treatment system, equipped with electrical driven cargo pumps for enhanced fuel efficiency, high-power thrusters and the latest position reference system fully capable of operating in harsh weather conditions.

On this delivery, AET President & CEO Capt. Rajalingam Subramanian, said: “Today’s delivery of Eagle Pilar marks our first Dynamic Positioning (DP2) Shuttle Tanker to operate on long-term charter to Shell completing an agreement we reached two years ago. I am delighted that we continue to deepen our partnership with Shell globally by continuously supporting their business ambition with our commitment and

capabilities safely, reliably and eco-efficiently operating the DP2 shuttle tanker in what can be extremely demanding and challenging environmental conditions in the Brazilian Basin. Excellent HSSE deliverables are the cornerstone of our business. Following the delivery of Eagle Pilar, AET has another three new DP2 shuttle tankers to be delivered in 2021 and 2022 to Shell. With this latest delivery, AET has also further strengthened its position as a top owner and operator of 11 of these highly specialised shuttle tankers globally and especially in Latin America where we already operate six in the Brazilian Basin.”

Rajalingam Subramanian stated: “I would like to thank everyone from Shell, Samsung Heavy Industries, DNV-GL, Eaglestar, and AET for the excellent collaboration and management to construct and deliver Eagle Pilar during the COVID-19 pandemic. It is another great testament of collaboration showcasing what can be achieved when everyone in the industry works together to deliver innovative and sustainable solutions to our customers while contributing to a low carbon future by reducing CO2 emissions on our assets engaged in meeting global energy needs.”

Eagle Pilar is expected to be delivered to Shell later this month and upon her arrival in Brazil will start operating in the Brazilian Basin joining AET’s six other dynamic positioning shuttle tankers (DPSTs) already operating there for Petrobras. This will bring AET’s DPST fleet in Brazil to seven, with six more DP2 shuttle tankers scheduled to be delivered in 2021-2022.

Globally, AET has 11 DPSTs (including Eagle Pilar), seven in the Brazilian Basin and four in the North and Norwegian Sea of which two are among the world’s first LNG dual-fuel DP2 shuttle tankers with VOC functionality.

This is a further demonstration of AET’s drive to consistently provide better energy-related maritime solutions and services for its global customers.

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