Port Wings Maritime Exim Weekly Newspaper 20 Jan 2021 Issue

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Jan. 20th - 26th Issue

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

Wednesday, January 20, 2021

8 Pages

India Strengthens Cargo Handling Capacity of Chabahar Port, Iran New Delhi Port Wings News Network ndia has supplied a consignment of two Mobile Harbour Cranes (MHC) to Iran’s Chabahar port, with a total contract value of over USD 25 Million under a contract agreement for supply of 6 MHC. The consignment of cranes arrived from Marghera port, Italy has been unloaded successfully on 18 January, 2021 at Chabahar port and presently undergoing trials run.

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With 140 metric tons lifting capacity, multipurpose equipment and accessories like Mobile

Harbour Cranes (MHC) will enable India Ports Global Limited (IPGL) to provide seamless services for Container, Bulk and General Cargo at Shahid Beheshti Port of Chabahar. This is a step towards India’s commitment towards infrastructure development of ‎Shahid Beheshti Port of Chabahar. The bilateral contract between the Islamic Republic of Iran and Republic of India was signed on 23 May 2016 with a total value of USD 85 million ‎for Equipping, Mechanizing and starting Operations at Shahid Beheshti Port of Chabahar development PhaseI. To achieve this ambitious aim, an SPV namely India Ports Global Limited (IPGL) Mumbai was incorporated under

the ambit of the Ministry of Ports, ‎Shipping and Waterways. Minister of Ports, Shipping and Waterways (I/C), Shri Mansukh Mandaviya stated that Chabahar Port is a strategic port with great national importance. The delivery of consignment of heavy equipment, including cranes shows India’s commitment to the strategic connectivity of Chabahar port project that will provide access to markets in Central Asia. Development of Chabahar port is the anchor for the expansion of economic and mutual relations between India and Iran and it will give a further boost to the maritime trade between both the countries. The location of Chabahar Port has strategically advantage and high potential to provide connectivity among India, Iran, Afghanistan, Uzbekistan and other CIS countries specially Eastern CIS countries to increase trade between these countries.

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NHAI Plans To Raise Over ₹10,000 Cr via InvIT, TOT New Delhi Port Wings News Network he National Highways Authority of India (NHAI) plans to raise at least ₹10,000 crore this calendar year by monetizing its assets, said two people aware of the plans, according to a news report in leading daily Livemint. For the NHAI, successful sales of tolling rights on highway assets will be key towards funding its

T

ambitious Bharatmala Pariyojana programme, which has pushed the state-run agency deep into debt. “The NHAI plans to monetize about 1,200km of roads this calendar year. The first will be the InvIT (infrastructure investment trust), which it is ready to launch in the coming months. I believe the first tranche will be about 600km and depending on how Contd. on page -2

Inside APEDA organizes VBSM with... Pg-2 Adani Group and Partners To... Pg-3 V.O.Chidambaranar Port Creates... Pg-4 Why LNG Shipping Rates Are... Pg-5 Wishes its Readers, Advertisers and Well Wishers HappY Republic DaY

Vessel Position at Terminals and Ports... Pg-6 Latest Customs Exchange Rates... Pg-7 Agreement To Bring Stranded... Pg-7 PSA International Handles...

Pg-8

Salute India Tributes to the sacrifice of our freedom fighters for fulfilling the dreams of a free nation we are Cherishing

Happy Republic Day

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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


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