Port Wings Maritime Exim Weekly 9 June 2021 e-Paper

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June 9th - 15th, 2021 Issue

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

Wednesday, June 9, 2021

8 Pages

Rates For Export Promotion Scheme Likely To Be Announced In 10 Days, Says FIEO New Delhi Port Wings News Network emission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are likely to notified in 10 days, Ajai Sahai, Director General and CEO, Federation of Indian Export Organisations (FIEO) told Financial Express Online.

During the implementation of the scheme on January 1, 2021, the Ministry of Finance had said that it would “shortly” notify the details of export goods (tariff lines) eligible for the scheme, the applicable RoDTEP rate, value caps (wherever applicable) on such eligible goods/tariff lines, the excluded category of exports, other conditions and restrictions, and the procedural details for grant of RoDTEP duty credit, and utilisation. However, exporters — majority MSMEs dealing with uncertainty while finalising and negotiating new export orders — have been urging the government since then for immediate notification to factor rates and overall guidelines for executing new orders.

“We are expecting rates to be notified very shortly, in a week to 10day time or maybe this week only. I have been given to understand that it has come to Commerce (ministry) and the issue has been discussed.

I’m pretty hopeful that rates and

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Ajai Sahai, Director General and CEO, Federation of Indian Export Organisations (FIEO) guidelines will be notified this week or latest in the next 10 days,” Sahai said.

Comments from Director General of Foreign Trade (DGFT) Amit Yadav were not immediately available to confirm the timeline for notification of rates.

The RoDTEP scheme, which had replaced the Merchandise Exports from India Scheme (MEIS) on January 1, 2021, to improve the global competitiveness of Indian exports, was approved last year for reimbursement of taxes, duties, and levies at the central, state, and local level. These were earlier not refunded but incurred in the process of manufacture and distribution of exported products.

The scheme was budgeted only Rs 13,000 crore for FY22 — way

below its initial estimated annual cost of Rs 50,000 crore and also only a third of the Rs 39,097 crore approved by the government for exporters in FY20 under MEIS for many sectors, Financial Express had reported in March. Last month, Commerce Minister Piyush Goyal had also informed Rajya Sabha MP Suresh Prabhu that the Department of Commerce and Department of Finance are under active consultation for early finalisation of the scheme’s guidelines and rates.

The GK Pillai panel was tasked with rates recommendation for the RoDTEP scheme.

With a budget lower than expected, exporters believe that RoDTEP rates would be less than the MEIS rates. The incentives under MEIS ranged from 2 per cent to 5 per cent of the free-on-board (FOB) value of exports. “In most of the cases, we should be ready for less than the MEIS rates looking into the budget which has been allocated or unless the government takes a call to not to restrict it with the budget allocation. But if rates are restricted with budget indication, I think we should expect them in most of the cases to be less than MEIS,” added Sahai.

Moreover, Indian exporters have been facing challenges in terms of Contd. on page -2

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Wing 7 Feather 43

FUMIGATION SERVICES PVT LTD

New Delhi Port Wings News Network he historical milestone was achieved at its zenith on 8th June, 2021 when ‘M.V. LAKE D’, First Cape Vessel Panama Flag arrived at Sagar Anchorage which is 80 Miles away from Syama Prasad Mookerjee Port, Kolkata (SMP, Kolkata) and 25 Miles away from Haldia Dock Complex (HDC).

‘M.V. LAKE D’ one of the largest Cape Vessel of its kind with 66,000 MT of Steam Coal cargo bound for Nepal, built in 2011 is manned by 20 Filipino crew was anchored at Sagar.

The vessel sailed from A b b o t P o i n t , Australia on 10th May 2021 and enroute took fuel at Singapore. There after discharging about 95,810 MT of cargo at Vishakhapatnam, vessel sailed for Sagar anchorage.

SMP Kolkata is having constraint of draft in the channel and lock gate operation in the docks. By doing lighterage operation with this vessel which has a very wide beam and can carry higher parcel load in draft of 9.2 metre. The cargo ship will

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• India’s 1st fumigation company to be accredited with NSPM 12 Standards • Fumigation of wooden packing material as per ISPM 15 standards • Heat treatment for wooden packing material • AFAS accredited fumigation agency (Australian Quarantine) • Phyto Sanitary Certificate Arrangements • Container Fumigation • Ship holds Fumigation • Ware House Fumigation • Disinfestation of Vessels • All Type of Residential & Commercial Pest Control Services

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Cape Size Vessel Calls at Sagar for the First Time in the History of Kolkata Port

Experts in wooden pallet Fumigation and Heat Treatment

Specifi c Treatm ent For Agr Comm o odities

Authorized Economic Operator

Branches: • Bangalore • Coimbatore • Cochin • Delhi • Guntur • Hyderabad • Kakinada • Mangalore • Mumbai • Tuticorin • Vizag • Mundra • Gandhidham • Salem • Krishnapatnam

go directly to a floating jetty, thus lock gate operation will be avoided and barges can go fully at any time & discharge at Haldia floating Terminal. An investment of Rs.170 crores has been done for floating crane and floating jetty. It has been an endeavour by the Port to encourage Trade to mobilize full load vessel especially Cape vessel for bringing cargo for Haldia Dock.

Shri Vinit Kumar, Chairman, SMP, Kolkata stated that the arrival of ‘M.V. Lake D’ is significant, not

only for being the 1st Cape vessel at Sagar, but also for carrying 66,000 MT of cargo which otherwise would have been carried in 2-3 separate vessels. Alternatively, this quantity could have been carried in one vessel which would have had to discharge half cargo at Vizag Port and carry the remainder to SMP. Because of this substantial growth of lighterage operation, coupled with the multi-dimensional user-friendly measures like better service, improved facilities, costeffective customer-friendly charges and effective co-ordination among other relevant agencies, Kolkata Port Trust as a whole will be able to handle more than 65 million tones of cargo during 2021-22.

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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 Wednesday (09.06.2021)

June 9th - 15th, 2021 Issue

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Rates For Export Promotion Scheme...

Wednesday, June 9, 2021

Wing 7 Feather 43

Economy Back On Its Feet

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he global economic outlook has improved since the first quarter (Q1) of 2021 with the global real GDP growth this year now expected to be the fastest in more than 40 years at 5.8%, followed by 4.5% growth in 2022, said market research company Euromonitor International (EI) in a new report.

The forecast upgrade is mainly driven by advanced economies, which are now expected to grow by 5% in 2021 and by almost 4% in 2022, compared to the long-term trend growth of 1.5%, EI added in its latest Global Economic Forecasts Q2 2021.

In contrast, developing economies’ real GDP growth rate forecast for 2021–2022 has been raised by just 0.2–0.3 percentage points to 6.5% and 5.0%, compared to the long-term trend of 4.1%.

The strong recovery outlook for advanced economies is mainly driven by the US, due to its relatively fast vaccine deployment and the strong fiscal stimulus measures deployed by President Biden. Faster than expected increases in vaccination rates and a reduction in coronavirus infections in the UK have also led to a major upgrade in UK forecasts.

Among developing economies, the economic outlook has improved in China, Mexico and Turkey, on the back of stronger than expected recoveries at the end of 2020 and early 2021. However, the emergence of a major new pandemic wave in India during spring 2021 is expected to cause an economic contraction in Q2, leading to a significant forecast downgrade.

The Covid-19 pandemic remains a significant constraint on global economic activity in Q2, with ongoing lockdowns and social distancing measures in many countries. However, more targeted lockdowns and greater consumer adaptation, such as online shopping, have reduced the impact of recent lockdowns.

Vaccination rates sufficient for approaching herd immunity are likely to be reached in advanced economies and some developing economies in Q3–Q4 2021. Once mass vaccination is attained, a strong recovery is expected in currently depressed high social contact sectors, supported by rising consumer confidence, fiscal stimulus and high accumulated savings. In contrast, most developing economies are unlikely to reach high vaccination rates before the second half of 2022, delaying their recovery.

India’s economy continued to grow at the beginning of 2021; however, the baseline forecast anticipates an economic contraction in Q2 compared to the previous quarter. The pressure derives from locally-imposed mobility restrictions in light of the escalating health crisis. India’s GDP is expected to return to growth in Q3 2021 under the baseline scenario.

India’s real GDP growth forecast has been revised down for 2021, as the country struggles with rapidly rising numbers of Covid-19 cases during Q2 2021. After a strong economic performance at the end of 2020, India is projected to record 9.4% annual real GDP growth in 2021 and 7.6% in 2022. The baseline forecast probability stands at 61–71% in 2021.

Inflation is picking up and is predicted to reach 5.4% in Q2 2021, compared with 4.3% in Q1, affected by rising prices for food, beverages, clothing and footwear. Consumer price growth is to start gradually subsiding from Q4 2021 onwards. The inflation level will remain within India’s target band, which was confirmed in March 2021 at 4%, with a margin of 2% on either side for the upcoming five years.

Mobility restrictions and weak consumer sentiment are behind elevated unemployment in Q2 2021 (6.2% in the baseline scenario). However, the government is resisting imposing a nationwide lockdown for fear of repeating the negative effect on the economy and employment rates observed inSample 2020, paving the way for an optimistic outlook for gradually TEXT shrinking unemployment in Q3 2021.

A strong recovery is expected in the second half of 2021, backed by the relaxation of social distancing measures in Q2–Q3, accelerating vaccination campaigns, rising private sector confidence and high accumulated savings to spend. Stronger global export demand and fiscal support, mainly from EU recovery programmes, are also expected to boost economic growth. This baseline forecast is assigned a 61–71% probability.

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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

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SUBSCRIPTION

Continued from page -1 lack of liquidity amid the Covid pandemic. However, there has been no loss of orders. “Since we have a very good order booking position, the delay in rates notification has not impacted much but it has caused liquidity challenge. Fortunately for India, the orders are constantly flowing and we are still flush with

orders. Of course, it has put pressure on liquidity, affected the profitability of exporters as the money which was due to them in January, if it comes in June or July then they would have to borrow for that much of time.

So, the profitability of the exporter today is probably at the lowest ebb at this point of time,” said Sahai.

To avail scheme, the exporter has to

claim for RoDTEP in the shipping bill by making a declaration.

The claim will be processed by the Customs post export general manifest (EGM) is filed. Further, a scroll with all shipping bills for admissible amount is generated and made available in the user’s account at Indian Customers Electronic Gateway (ICEGATE).

Kamarajar Port Hands Over Equipment to Government Stanley Hospital Under CSR Activities Chennai

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Port Wings News Network amarajar Port Limited (KPL), the only corporatized major port of India, is undertaking a lot of community developmental activities as a part of the company’s Corporate Social Responsibility & Sustainable Development (CSR & SD) Initiatives.

Every year, KPL allocates an average of 2% of its Profit Before Tax (PBT), towards the CSR & SD Budget (which is Rs.8 crores approx.) and in the last 5 years alone, KPL has spent more than Rs.42 crores in the fields of Education, Healthcare, Public Infrastructure, etc., predominantly

in the neighbourhood villages in the vicinity of KPL and also in other parts of the country.

CSR Contributions for the FY 2021-22: • KPL has contributed Rs.50 lakhs to Tiruvallur District Collector towards the purchase of various medical equipment for COVID Care Govt Health Centres/ Hospitals in Ponneri Taluk.

• KPL, has approved the request of Director,IOG & Government

Hospital for Women and Children, Egmore for contribution of

During a function held at Government Stanley Hospital on 8 June 2021, Shri Sunil Paliwal, IAS, CMD, KPL in the presence of Shri Ma.Subramanian, Minister

Rs. 66 lakhs towards Upgrading the Infrastructural facilities of OPD Block to suitable for Covid patients.

• KPL has accepted the request from the Dean, Government Stanley Medical College and Hospital for contribution of Rs.0.55 Crores towards the purchase of 75 nos of Oxygen Concentrators and Contribution of Rs.0.50 Crores towards purchase of 10 Nos of Battery-Operated Vehicles.

for Medical and Family Welfare, Shri P.K. Sekarbabu, Minister for Hindu Religious and Charitable Endowments, Shri Udhayanidhi Stalin, MLA, Shri Dayanidhi Maran, MP, Chennai Central and Dr. Kalanidhi Veeraswamy, MP, North Chennai, handed over 75 Oxygen concentrators costing Rs.55 lakhs and 8 Battery operated vehicles costing Rs.50 lakhs, for the treatment of covid patients.

Asian Ports Refuse To Accept Containership As Captain Died Of Covid Chennai

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Port Wings News Network vergreen containership Ital Libera, whose Master died of Covid, is diverting to Europe as no ports in Asia will accept the vessel.

A customer advisory from Evergreen alliance partner HapagLloyd, said it had received news from its Taiwanese partner that the Captain of the Ital Libera had died from Covid-19.

The Italian-flagged Ital Libera, owned by Evergreen Italian unit

Italia Marittima, was found to have number of Covid-19 cases onboard after departing Durban, South Africa for Asia and the vessel went into 14-day quarantine at anchor in Jakarta according to a Hapag-Lloyd advisory dated 6 May. An updated advisory issued by Hapag-Lloyd on Monday said that following the passing of the Captain no ports in Asia were willing to accept the.

“Force majeure has been declared and due to no Asian ports accepting the vessel, she has been diverted to

call Italy first in order to repatriate the captain,” the advisory said.

The Ital Libera will now sail to Italy before continuing its voyage in Asia at currently unknown dates.

“We appreciate your patience and regret the delayed arrival of your cargo due to the circumstances out of vessel operator’s control,” Hapag-Lloyd said.

Many Asian ports have adopted extremely strict protocols on Covid and contact between crew members and shore personnel.

June 9th - 15th, 2021 Issue

24 MT of Groundnuts Exported to Nepal from West Bengal New Delhi Port Wings News Network pening a window of possibilities of boosting groundnut exports from eastern region, a consignment of 24 metric tonne (MT) of groundnuts was exported to Nepal from West Bengal.

The consignment was sourced from farmers of west Midnapore district of West Bengal, was exported

by APEDA registered Laduram Promoters Pvt Ltd, Kolkata.

Traditionally, Gujarat and Rajasthan have a major share in groundnut exports. The groundnut exports from West Bengal would boost exports potential of the crop from the eastern region.

India exported 6.38 lakh tonnes (worth of Rs 5381 crore) of groundnuts during 2020-21.

The groundnuts are exported to mostly countries such as Indonesia, Vietnam, Philippines, Malaysia, Thailand, China, Russia, Ukraine, United Arab Emirates and Nepal.

Through initiatives such as peanut.

NET, APEDA has streamlined the exports of groundnuts through measures including buyer registration, batch processing by APEDA registered peanut units, application for certificate of export and stuffing certificate by exporter, Aflatoxin analysis and issue of stuffing certificate by laboratories, issuance of certificate of exports by APEDA. According to the third advance estimates of oilseeds production by the ministry of agriculture and farmer welfare, the groundnut production in 2020-21 is estimated at 101.19 lakh tonne against 99.52 lakh tonne estimated inn 2019-20.

Gujarat is the largest producer of groundnuts in the country, which

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is followed by Rajasthan, Tamil Nadu, Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra, West Bengal and Rajasthan. The crop is grown in both Kharif and Rabi seasons. The Kharif season has a share of more than 75% of the total production.

SIXTEEN VARIETIES OF MANGOES INCLUDING THREE GI CERTIFIED VARIETIES EXPORTED TO BAHRAIN FROM WEST BENGAL & BIHAR In a major boost to mango exports potential from eastern region, sixteen varieties of mangoes including three GI certified Khirsapati & Lakshmanbhog (West Bengal), Zardalu (Bihar) are being exported to Bahrain commencing today.

The fruits have been sourced from farmers in Bengal and Bihar

by APEDA registered exporter, DM enterprises, Kolkata and imported

by Al Jazeera group, Bahrain.

APEDA has been initiating measures to boost mango exports from the non-traditional regions and states. APEDA has been conducting virtual buyer seller meet and festival to promote mango exports.

Recently in a bid to increase mangoes exports to South Korea, APEDA in collaboration with Indian embassy, Seoul and Indian Chamber of Commerce in Korea, organised a Virtual Buyer Seller Meet. APEDA has recently organised mango festival in Berlin, Germany.

Due to the ongoing Covid19 pandemic, the export promotion programmes were not possible to be organized physically. APEDA took a lead to organize virtual meet to provide a platform to the exporters and importers of mangoes from India and South Korea.

For the first time in this season, India has shipped a consignment of 2.5 Metric Tonne (MTs) of Geographical Indication (GI) certified Banganapalli & other variety Survarnarekha mangoes sourced from farmers in Krishna & Chittoor districts of Andhra Pradesh.

The mangoes exported to South Korea, were treated, cleaned & shipped from the APEDA assisted and registered packhouse & vapor heat treatment facility at Tirupati, Andhra Pradesh and exported by IFFCO Kisan SEZ (IKSEZ).

This was the first export consignment sent by IKSEZ, which is a subsidiary of IFFCO, a multi-state cooperative with a membership of 36,000 societies.

There is possibility of more exports of mangoes to South Korea this season. IFFCO Kisan SEZ has an agreement with Meejaim, South Korea for supplying 66 MTs of mango this season.

Mango in India is also referred as ‘king of fruits’ and referred as Kalpavriksha (wish granting tree) in ancient scriptures. While most of the states in India have mango plantations, Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka have major share in total production of the fruit.

Alphonso, Kesar, Totapuri and Banganpalli are leading export varieties from India. Mango exports primarily take place in three forms: fresh mango, mango pulp, and mango slice.

Mangoes are processed by the APEDA registered packhouse facilities and then exported to various regions and countries including middle east, European Union, USA, Japan and South Korea.

dnata Chooses Kale Logistics Solutions To Develop Next Generation Airport Cargo Community e-Commerce Platform In Dubai Mumbai Port Wings News Network ale Logistics Solutions (Kale), a UN award winner and a trusted global IT solution partner for several Fortune 500 companies worldwide for the Logistics Industry, has been chosen by dnata, to develop the next generation Airport Cargo Community e-Commerce platform in Dubai.

Dubai has been one of the major global logistics hubs and has been a benchmark for the air freight industry for many years now. With the two airports Dubai International (DXB) and Dubai World Center (DWC), handling over 3.5 Million tons of air freight in 2019, there has been several physical and digital infrastructure upgrades taking place in Dubai. dnata has been a pioneer in running one of the most comprehensive airport cargo community eCommerce platform under the brand name of CALOGI, way ahead of its times in the first decade of this millennium. The Calogi business has served the community for over a decade now. dnata has currently envisioned creating the next-generation

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community platform that would cater to the cargo community’s current and future needs and have the capability to support innovative services like Sea-Air Corridor, 3rd Party services and many more to

accommodate end-to-end supply chain needs. The new Airport Cargo Community eCommerce Platform at DXB and DWC by dnata and Kale is the testimony that the region is slated to change gears for Air Cargo to the fast lane.

Mr. Bernd Leo Struck, SVP UAE Cargo, and DWC Airline Services, dnata, said, “As part of our digital transformation journey, we constantly invest in cuttingedge solutions that are tailored for delivering the best customer experience.

This e-commerce community platform will help our supply chain partners and customers

in Dubai optimise their operations and reduce costs through improved processes and enhanced visibility into the business. It also paves the way for a sustainable business model, promoting paperless and cashless trade through collaboration and automation. We selected Kale because of their innovative approach and global footprint.”

Speaking on the occasion, Mr. Amar More, CEO, Kale Logistics Solutions says; “We are very proud to collaborate with dnata in creating the next generation community eCommerce platform in Dubai. dnata and Dubai set a very high benchmark for the logistics industry, and we are happy to contribute to the growth of Cargo in the region.

We are confident that with our proven platform and with dnata’s partnership and experience, the Dubai cargo community will benefit immensely through the platform.”

He further adds, “As dnata looks to set new standards in the Aircargo industry, Kale’s new platform will create the right digital environment for purpose-led transformation.

At Kale, we leverage industry knowledge and technology expertise to craft best-in-class community and enterprise solutions for the Logistics Industry.”

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Gujarat Maritime Board To Set-up India’s First International Maritime Services Cluster at GIFT City Mumbai Port Wings News Network ujarat Maritime Board (GMB) will be setting up India’s first international maritime services cluster at GIFT City. The Maritime Cluster will be developed as a dedicated ecosystem comprising of Ports, Shipping, Logistics services providers and pertinent Government Regulators, all present in the same geographic vicinity (i.e. GIFT City). The cluster will further leverage the proximity and accessibility of these stakeholders to enable a synergetic collaboration.

Welcoming the new cluster, Shri Tapan Ray, MD & Group CEO, GIFT City, said, “Establishing a maritime cluster is a much-needed step towards advancing India’s credentials and economic viability in this sector. We are delighted that India’s first international maritime cluster will be located in GIFT City which will help in realising the full potential of India’s marine prowess. GIFT City has the unique distinction of being India’s first IFSC and inclusion of such institutions enhance our value proposition. GIFT City will provide a conducive ecosystem for the Gujarat Maritime Board to collaborate and innovate.”

Speaking about the development, Smt. Avantika Singh, IAS – Vice-Chairman & CEO, GMB said, “This will be first of its kind commercial maritime services cluster in India which has been conceptualized to enhance competitiveness and selfsufficiency of India in the maritime sector and provide one stop solution for entire maritime fraternity. GIFT City provides us with a seamless environment to create a robust maritime fraternity and strengthen its value chain. GIFT City has state-of-the art infrastructure and world-class banking facilities and institutions, that will be beneficial for fostering innovation, economic viability, collaboration and business opportunities for the Cluster. We welcome maritime fraternity to take advantage of this platform and participate in this initiative.”

The Cluster intends to host an

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array of maritime industry players, such as key regulators/ government agencies to ensure ‘Ease of Doing Business’ for the cluster members; maritime/shipping industry Associations and businesses; intermediate services providers, such as Shipping Finance, Marine Insurance, Maritime Arbitrators, Maritime Law Firms, etc.; and support Services Providers, such as Maritime Education Institutes, etc.

The Maritime Cluster also intends to house an Alternate Dispute Resolution (ADR) Centre, focused on maritime / shipping. This shall ensure economic benefits and ease of doing business for the maritime fraternity, which currently has to depend on International Arbitration Centers. The state of the art campus of Gujarat Maritime University - a premier institute for maritime education in India, is also coming up at the GIFT City Gujarat Maritime Board (GMB) - a Government of Gujarat undertaking, and the first maritime board of India was set up in 1982 and is responsible for development, administration, operation and

regulation of the 48 Non-Major Ports as well as for development of other maritime / shipping activities in the state of Gujarat. The nonmajor ports of Gujarat have handled 388 MMT of traffic in the year 202021 boasting a lion’s share of 30 % in total national maritime throughput.

GIFT City is India’s first operational smart city and International Financial Services Centre (IFSC), GIFT City is an emerging global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked business districts. It is supported by state-of-theart infrastructure encompassing all basic urban infrastructure elements along with an excellent external connectivity.

White House Prohibits US Investment In 59 Chinese Companies, Including Shipbuilders And Energy Firms Chennai

Port Wings News Network S President Joe Biden has signed an executive order that prohibits US investments in Chinese companies that “undermine the security or democratic values of the United States and [its] allies,” reports Splash.

This order is intended to “address the ongoing national emergency … with respect to the threat posed by the military-industrial complex of the People’s Republic of China.” It specifies 59 entities that are subject to prohibitions, effective August 2.

Among the companies named in the order are several shipbuilders and parts suppliers – China Marine Information Electronics Company Limited, China Shipbuilding Industry Company Limited, China Shipbuilding Industry Group Power Company Limited, China State

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Shipbuilding Corporation Limited, and CSSC Offshore & Marine Engineering (Group) Company Limited – and energy companies, including China General Nuclear Power Corporation, China National Nuclear Corporation, China National Offshore Oil Corporation and China Nuclear Engineering Corporation Limited.

The White House considers these companies to be either part of the PRC’s defence and related materiel sector or developers or users of Chinese surveillance technology that facilitates repression or serious human rights abuse.

The executive order prohibits US citizens from buying or selling the publicly traded securities of any these companies. It does not prevent US companies from doing business with the named Chinese companies, and it has no effect on non-US citizens and companies.

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June 9th - 15th, 2021 Issue

TPCI Holds Panel Webinar on India-EU Trade Agreement New Delhi Port Wings News Network rade Promotion Council of India (TPCI) organised a panel discussion on the topic India-EU Trade Relations, a new era of cooperation, last week.

Following panel members were a part of the discussion, Amb Anil Trigunayat, Former Ambassador of India to Jordan, Libya and Malta, Dr Arpita Mukherjee Professor, ICRIER, Dr Rupa Chanda RBI Chair Professor in Economics, IIM Bangalore; Dr Pralok Gupta Associate Professor (Services and Investment), Centre for WTO Studies, Indian Institute of Foreign Trade and R V Anuradha Partner, Clarus Law Associates.

The panelists were unanimous that the resumption of trade talks between India and the EU were a positive development. They also agreed that in the present global context, it was in the best interests of the two partners to continue negotiations to sort out roadblocks and even look at possible low hanging fruits for greater economic integration.

India has been asking for Mode 4 access for its services professionals in the EU, for which Dr Pralok Gupta opined, “Some changes have happened like the EU has allowed for movement of intra-corporate transferees within the EU. Earlier, this required a separate visa. But this is generally available for 90 days.”

He further affirmed that India’s demand for Mode 4 access may face tough resistance during negotiations and be a stumbling block. Dr Chanda felt that Mode 3 is relatively easier to access, and getting physical presence can simplify India’s goal of getting access to Modes 1 and 4.

Dr. Arpita Mukherjee stressed on some of the key areas where talks were stalled last time vis-à-vis trade in goods, particularly duties on alcoholic beverages, automobiles and dairy products. For alcohol, she proposed innovative ways of

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tariff liberalisation like having a threshold price, as was done by Japan for Australian wines under RCEP. Dairy is a complex issue since both the EU and India are large dairy markets with steady rise in production. Automobiles present an altogether different challenge, since India has different trading partners like Japan and South Korea active in the sector that may want a level playing field if we provide more market access to the EU. Dr Mukherjee further suggested, “India needs to deeply study EU-Vietnam and EU-MERCOSUR agreements to see what these partners gave to the EU and got in return. They are India’s competitors in the EU today, and much better placed there due to their agreements.”

A key track in Indo-EU negotiations is that of geographical indications (GIs). RV Anuradha admitted that GI negotiations have been more of a one-sided affair so far with the EU seeking automatic recognition for its wines, spirits, dairy products, agri products, etc.

Any automatic recognition under the Indian GI Act will require a legislative amendment.

She added, “While this may be considered, the problem for India is that in the EU, GI protection is linked to agricultural products, foodstuffs and wine. Out of 330 odd GIs in India, more than 210 are handicrafts, i.e. non-agricultural products. Also, India needs to see if such automatic recognition of EU GIs will affect domestic industries like cheese, where we have our own production capacities. For example, Amul has been manufacturing the Gouda and Emmental cheese for the past decade, under manufacturing units set up with Swiss collaboration.”

The investment agreement between India and EU was also discussed, where Dr Mukherjee said that India should be careful, “EU is bringing in WTO reform related issues into investment agreements, as one may gauge from the EU-China

agreement. They are talking about transparency in subsidies, discipline on state-owned enterprises, dispute resolution, negotiations on standards (equal access to standard setting bodies), and a sensitive list of select sectors.” R V Anuradha, interestingly, explained why she felt that there are lots of areas of synergy on investment between India and the EU, and asserted, “It may be actually easier for India to get an investment agreement with EU as compared to other western nations, if they explore common ground on this matter.”

Ambassador Anil Trigunayat commented on the resumption of discussions, “Relationship between India and the EU is based on shared values – democracy, rule of law, rules-based international order and multilateralism. Ties are multi-faceted, encompassing trade, investment, climate change, technology, AI, connectivity, agriculture, etc.” He also opined that the proposal for a comprehensive connectivity partnership is a low hanging fruit that the both sides can explore. It creates a lot of opportunities for businesses across industries.

Dr Rupa Chanda highlighted the high complementarities between India and EU that offer enormous potential for positive synergies.

Despite the formation of multiple trade blocs, she asserted that India retains its unique advantages for trade partners, stating, “India’s large market and human resource base, development needs in terms of technology & FDI, role in pharma production and research, and manufacturing, emerging startup ecosystem, are quite unparalleled.”

In light of the recent decision by India and EU to resume talks for a comprehensive bilateral trade and investment agreement, the Council invited experts in trade, diplomacy and law to give their insights on the current development and its implications for India-EU ties.

JNPT Strengthens Maritime Business, Port Witnesses Steady Surge in Container Handling in May Mumbai

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Port Wings News Network awaharlal Nehru Port Trust (JNPT), India’s premier container port continued its steady surge in cargo handling despite the various challenges faced during the past few months.

During the past months, the port has implemented a host of measures to make the business, efficient, economical, and opportune for the EXIM community.

During the month, JNPT handled a noteworthy 4,54,385 TEUs, as against 2,74,755 TEUs handled in the same period during the previous year, recording growth of 65.38%.

In rail operations the port handled 86,452 TEUS of ICD traffic from 551 rakes in May, 2021 and the Rail-Coefficient is 19.03%.

Also during the month gone by, marshalling efforts in the

fight against COVID-19, JNPT successfully executed the handling of 327.632 MT of liquid medical oxygen and medical accessories in May. The port has been ensuring the movement of vessels carrying oxygen remains unhindered and is giving utmost priority to such consignments. A total of 278.272 MT liquid oxygen and 49.36 MT Medical accessories have been handled at the port for distribution to hospitals for COVID treatment.

Commenting on the performance, Shri Sanjay Sethi, IAS, Chairman, JNPT said, “We maintained our good performance in May 2021 and JNPT will continue to contribute towards the endeavor to battle the second wave of the Coronavirus pandemic affecting the country.

JNPT will continue to extend utmost priority in the handling of oxygen containers and other medical accessories helping the country to

overcome this crisis”.

On May 10th, the port handled four containers carrying 80 metric tonnes of medical oxygen in the cryogenic state in the vessel MV GSF GISELLE of AXS service sent by the United Arab Emirates. On May 15th, the port handled 150.23 MT medical O2 consignment in ‘MV Nagoya Tower’ brought from Kuwait via Jebel Ali, UAE. Despite the powerful tropical cyclone Tauktae in the Arabian Sea, on May 18th the port handled 28.72 MTs of O2 consignment loaded from UAE & ensured quick clearance of cargo.

The port, on May 21st, handled the vessel ‘MV Lebu’ loaded with 19.32 MT medical O2 from UAE. On May 28th, JNPT handled 3 containers brought in by Emirates shipping Agencies India Pvt. Ltd. from Ningbo, China with medical accessories which consisted of 2448 empty oxygen cylinders with a total weight of 49.36MT.

Major Shipping Firms Warn Of Worsening Congestion At China’s Yantian Port Chennai Port Wings News Network ajor shipping companies have warned clients of worsening congestion at Shenzen’s Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city, according to a report in ET. Yantian International Container Terminal (YICT), one of China’s busiest container ports with an annual handling volume of more than 13 million twentyfoot equivalent units (TEU), has imposed stringent disinfection and quarantine measures since May 21 when the virus was discovered among port staff.

More than 40 container ships were anchored in open water outside the terminal, Refinitiv ship tracking data showed on Thursday.

Top international container lines said they would be skipping some port calls to Yantian to ease the pressure, while shipping sources added that some vessels may be rerouted to other destinations.

“The overall operation productivity at YICT has been adversely impacted, and we expect the current vessel berthing delays and port congestion situation will likely continue for at least a week,” the world’s no. 2 line MSC said in a customer advisory on Wednesday.

Global container shipping rates have climbed to record highs in recent months due to bottlenecks caused by a surge in demand for consumer goods.

Even before the disruption at Yantian, global supply chains were struggling to clear container backlogs, a knock-on effect from the week-long blockage of a major trade route through the Suez Canal in March.

Container freight rates from China to Europe touched a record high of $10,627 (per 40-foot container unit) this week.

Yantian port in late May temporarily suspended the

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acceptance of export laden container ships, leading to a heavy backlog in the container yard and congestion outside the port.

By the time Yantian partly resumed processing on Monday, more than 23,000 containers were waiting to be exported.

The world’s leading container line Maersk warned in a letter on Thursday that congestion and delays could last 12 days, longer than its previous expectation of 7-8 days.

Maersk estimated operations in the eastern area of the Yantian terminal, where larger vessels mainly berth, would remain at around 30% of their normal level.

Other major shipping firms including COSCO Shipping , HapagLloyd and ONE also alerted their customers to the growing delays and congestion and the possibility of not calling at Yantian.

“The local government is paying great attention to the disinfection measures at Yantian, as right now is the busiest season for exports and Yantian is one of the biggest transportation hubs for European and American lines,” said a person close to Yantian port, who is not authorised to talk to media.

Shipping companies and Chinese authorities have advised vessels to divert to nearby ports, including Shenzen’s west port and Guangzhou’s Nansha port, which are operating normally despite sporadic cases of the coronavirus in the region. “There are not as many (virus) cases in Yantian as the nearby cities. But more rounds of nucleic acid testing will need to be done.

Thus it will take some time until the port resumes full operations,” said the person close to the port.

Yantian port did not immediately respond to a Reuters request for comment.

Recently expanded YICT has become a critical gateway into China with around 100 vessels calling weekly, 60% of which operate on European and U.S. routes, according to a recent note from the regional Shenzen government.

A Custom Broker’s Voluntary Help to Members of Trade Chennai

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Port Wings News Network he Tamil Nadu Government imposed a strict and complete lockdown from 10 May to 7 June in two phases to contain spreading of COVID-19 across the state. However, the government allowed functioning of only essential services.

As per the GO, only few categories of people are allowed to travel in two wheelers and others are allowed only through car, van with valid e-registration in government’s dedicated website.

The EXIM sector, especially the Custom Brokers, said to be the backbone in enabling movement of all types of cargo both in sea and air mode, are not covered in the new guidance issued by the Tamil Nadu government. It must be noted here that majority of clearing staff attached to Customs Brokers’ offices are fully dependent on two wheelers to reach CFS and Airport from Custom House. In spite of repeated representations by association to Tamil Nadu Government, no remedy has been given so far.

The CBRs have to engage private vehicles to drop their staffs in CFS incurring additional cost which is not reimbursable by the clients.

In this difficult situation, a few CFS have come forward to provide vehicles to pick up and drop clearing clerks between Custom House and CFS located in north and west Chennai. Meanwhile, Mr.K.Venkattu, Managing Partner of M/S .Blue World Cargo, a Custom Broker, has sponsored for a van to pick up and drop Customs clearing clerks from Custom House Chennai to all CFS located in North & West Chennai. The Custom Brokers in Chennai welcomes and appreciate his noble service to fraternity in this pandemic period as it not affordable to hire four-wheeler by all members.

The trade is badly affected due to Government’s order for not allowing EXIM trade service people to travel in two wheelers, the facility extended by Mr.Venkattu is immense helpful to all small companies to send their staffs to CFS on time.

He is setting an example for the community inspiring like-minded people to come forward to support the trade voluntarily.

June 9th - 15th, 2021 Issue

Strategic Marine Delivers Pair of 27m Crew Transfer Vessels to WEM Marine Ltd

Gangavaram Port Celebrates World Environment Day 2021 Vizag

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Port Wings News Network angavaram Port Limited, India’s deepest and multipurpose port celebrated World Environment Day by initiating a weeklong Green Belt development initiative at the port premises. Embracing the World Environment Day 2021 theme of ‘Ecosystem Restoration’, awareness

programs were organized for the staff along with a massive plantation drive to restore and recreate the green surroundings.

Gangavaram Port has taken up Miyawaki’s method of plantation in one-acre land and has planted more than 5000 saplings with different types of species. In the face of present climate change challenges Miyawaki system helps in building sustainable long-standing multilayered forests which sets up

an equilibrium to persevere the ecosystem. Apart from the plantation drive the teams also conducted Pond cleaning and Beach cleaning activities to create a pollution-free and sustainable environment. The Port also maintains an in-house nursery with nearly 1 lakh saplings of different varieties of the avenue, fruit-bearing & ornamental plants, and is continuously focusing on developing a green belt for the neighboring villages.

The program was attended

by Sri G.J.Rao, Executive Director, Sri Sambasiva Rao, CEO, Sri. V. Janardhan Rao, COO, Sri. C.S. Raju, Director (S&P), , Smt. Dr. D. Jyothi, Vice President (Environment) , Mr. Devendra Thakar, Head Techno - Commercial and Mr. Avinash Patel, Head Finance along with key staff members from the port. Keeping in mind the Covid pandemic all the activities were low-key and were conducted by following all social distancing protocols.

According to the United Nations Organization (UNO), The United Nations Decade on Ecosystem Restoration 2021–2030 was

conceived as a means of highlighting the need for greatly increased global cooperation to restore degraded and destroyed ecosystems, contributing to efforts to combat climate change and safeguard biodiversity, food security, and water supply.

Ecosystem restoration is not only about recovering but also conserving healthy ecosystems. This year’s World Environment Day comes with a resolve to reverse the damage and to reimagine and recreate a greener future by restoring nature for a better world.

Gangavaram Port is the most modern and the deepest port in India located at Visakhapatnam, the industrial nerve center of Andhra Pradesh. Gangavaram Port has been developed as an all-weather, multipurpose port with water depth up to 21 meters, making it the deepest and capable of handling fully laden Super Cape size vessels.

The Port has become the gateway port for a hinterland spread over 8 states across Eastern, Western, Southern, and Central India. Its ability to handle larger vessels efficiently has resulted in substantial savings to trade and port users.

Gangavaram Port provides efficient cargo handling services for a variety of bulk and breakbulk cargo. The Port, its related facilities, and material handling system are among the most advanced in Asia and meet the highest standards in terms of pollution prevention and safety.

Mansukh Mandaviya Thanks States for Including Seafarers in State ‘Priority List’ for Vaccination New Delhi Port Wings News Network nion Minister of State for Ports, Shipping and Waterways (I/C) and Chemicals & Fertilizers Shri Mansukh Mandaviya has reviewed the status of vaccination to the seafarers. Shri Mandaviya suggested that the seafaring industry should not get hampered due to nonvaccination and emphasized that all efforts should be made to get the seafarers vaccinated before joining their scheduled duties on board.

India plays a very significant role in the global seafarer industry.

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There have been demands from many quarters to accord ‘priority’ to seafarers in the vaccination drive in view of the nature of their work. The Ministry of Ports, Shipping and Waterways (PS&W) also coordinated actively with the Ministry of Health & Family Welfare to give priority to seafarers in COVID vaccination.

Due to the recent intervention by the Ministry, Major Ports have started Vaccination Centers.

Six Major Ports which includes Mumbai Port Trust, Cochin Port Trust, Chennai Port Trust, Visakhapatnam Port Trust, Kolkata

Port Trust and Tuticorin Port Trust have started vaccinating seafarers at their port hospital. Moreover, a private hospital in Kerala has also been roped in for vaccinating seafarers.

Seafaring Unions/Associations like MASSA, FOSMA and NUSI have also successfully organized special camps for vaccination.

Apart from these measures, Ministry of PS&W has been making efforts to take State Governments on board for including seafarers in their State ‘priority’ list, and Kerala, Tamil Nadu and Goa has already provided such status.

Status Quo in Key Rates Expected for Balancing Growth, Inflation: FIEO New Delhi Port Wings News Network ommenting on the Monetary Policy announcements made by the RBI today, Mr Sharad Kumar Saraf, President, FIEO said that status quo in the key rates was expected, looking into the need for balancing growth and inflation particularly as hike in global import prices of commodities will continue to push inflationary pressures.

Mr Saraf agreed with the RBI’s assessment that enhanced and targeted policy support are required for exports and it is opportune time now to give further policy push by focusing on quality and scalability.

He said that scalability could be

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attempted only if there are adequate profits Mr Sharad Kumar Saraf in exports so FIEO President that the same may be ploughed back in expansion and upgradation. However, at present the profit margins have been squeezed due to high input prices without corresponding hike in prices of exports and sky rocketing freight costs. He urged that a stable policy framework may be provided by notifying RoDTEP Rates, releasing

MEIS and SEIS rates, extending Interest Equalisation Benefits and providing non fiscal facilitation.

FIEO President thanked RBI for concurring with FIEO’s suggestion and expanding the coverage of borrowers under the Resolution Framework 2.0 scheme by enhancing the maximum aggregate exposure threshold from ₹25 crore to ₹50 crore for MSMEs, nonMSME small businesses.

FIEO Chief however, urged RBI and Government to extend an additional 10% credit facility, as made available under ECLGS 1.0 to ECLGS 2.0 also for the benefit of MSME units besides others.

5

Chennai

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Port Wings News Network trategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, today successfully delivered a pair of 27m CTVs to WEM Marine Ltd, a UK-based offshore support vessel (“OSV”) provider with a growing fleet servicing the renewable offshore wind energy sector. This is WEM’s first order with the Strategic Marine Group.

“We are delighted to deliver these new CTVs to WEM as it is a significant milestone for us as we continue to build our track record in the renewable energy sector.

“With 23 CTV’s now delivered to offshore wind vessel operators and more than 10 years in this market our team have been able to deliver two of our best ever vessels to service the growing renewable energy market.” said Mr. Chan Eng Yew, CEO of Strategic Marine.

“This is also the first time we have offered comprehensive and flexible financial solutions for both pre and post-delivery for our clients as part of the project which is something we are looking to expand going forward.”

The CTVs were both built in Singapore and construction proceeded smoothly despite COVID

restrictions and was completed according to schedule. The 27m crew transfer vessels have been designed to meet the specific requirements of WEM who intends to deploy the vessels in UK and European waters.

The vessels are powered by two Caterpillar C32 engines driving fixed pitch propellers providing a robust and efficient propulsion system.

24 technicians and three crew can be comfortably accommodated onboard and personnel transfer to the wind turbines is facilitated by a patented active fendering system.

Mr. David Ford, Managing Director of WEM Marine Ltd said: “We are very pleased to receive these state-of-the-art CTVs on time and to our specification from our partners and friends at Strategic Marine. The company is well known for building industry leading CTVs for the offshore wind industry and throughout our dealings with them, they have demonstrated the highest level of professionalism.”

Paolo Moretti, CEO of RINA Services commented: “Working with specialised companies such Strategic Marine and WEM is an honour. The construction supervision and the classification process were smooth and a chance to cooperate with highly skilled experts. RINA is committed to support the expanding renewable energy market with its deep knowledge of the sector and experience.”

ISWAN Launches Vaccination Drive for Indian Seafarers Chennai

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Port Wings News Network n response to the second wave of COVID-19 in India, the International Seafarers’ Welfare and Assistance Network (ISWAN) has launched a ‘Vaccination Drive for Indian Seafarers’ in collaboration with Narayana Health and the Medica Group of Hospitals.

Over the last few weeks, ISWAN’s international helpline SeafarerHelp has received a significant number of calls from Indian seafarers who have shared the various challenges they and their families are facing in India due to the disastrous impact of the second wave of COVID-19. Indian seafarers have reported being unable to join vessels as they could not get vaccinated, which has resulted in increased hardship for the seafarers and their families and worries that they may lose their jobs.

ISWAN’s ‘Vaccination Drive for Indian Seafarers’ will be coordinated by ISWAN South Asia and aims to facilitate vaccines for Indian seafarers as a priority in various cities around India.

The cost is amongst the lowest available – from 630 Indian rupees per dose. ISWAN’s vaccination drive will facilitate administration of only World Health Organizationapproved vaccines – currently COVISHIELD in India. Two doses are necessary and the government’s guidelines for the gap between the doses should be followed.

Any companies or organisations wishing to take advantage of this programme may wish to organise an on-site camp for a large number of their employees with the hospital concerned – they should contact ISWAN’s Director of Regions Chirag Bahri at chirag.bahri@

iswan.org.uk and ISWAN will facilitate such arrangements.

Mr. Bahri said: ‘It is our duty to keep exploring possibilities in ways we can try to assist our seafarers and their families undergoing tremendous hardships due to the COVID-19 situation in the country, which is unimaginable. We are pleased to be working with Narayana Health and the Medica Group of Hospitals and are very grateful to them for their wholehearted support of this initiative.’

ISWAN would like to thank its funders, especially The Seafarers’ Charity and Trafigura Foundation, for their support, which has enabled ISWAN’s regional team in India to assist seafarers and families affected

by COVID-19. This vaccination drive has been made possible by a grant from the Seafarers International Relief Fund.

Seafarers wishing to register for a vaccination through ISWAN’s programme should register on CoWIN at www.cowin.gov.in/home then complete ISWAN’s online form, found with instructions at t.ly/0Cm6. ISWAN will contact applicants within three working days to notify them when their vaccination has been scheduled and seafarers will be required to pay directly at the hospital concerned. Seafarers should not contact the hospitals directly. Locations of vaccination centres can be found via the online form. Seafarers with any questions about the vaccination drive can contact SeafarerHelp – ISWAN’s free, 24-hour, multilingual helpline – for assistance by calling 000 800 050 1459 (toll free from India) or e-mailing help@seafarerhelp.org.

Further contact details can be found at www.seafarerhelp.org.

6

Vessel Position at Terminals - (02.06.2021 To 09.06.2021)

June 9th - 15th, 2021 Issue

7

CCTL - Chennai ETA

ETD

Service

Vessel Name

11/06

12/06

CI5

08/06

09/06

12/06 11/06

Voy

Agent/Line

Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

KMTC NHAVA SHEVA

TAO/PUS/SHA/SKU/SIN/PKW/ PKG/MAA/KAT/PKG/SIN/PGU/ SKU/KHH/TAO

10/06

11/06

TCXNEW

THANA BHUM

321W-321E

RCF

Port Kelang(North port) – Singapore,Shangha

CCG

VARADA

SOH/CMB/COK/JEA/JEB/CME

12/06

13/06

TCXNEW

RACHA BHUM

166W-166E

RCF

Port Kelang(North port) – Singapore,Shangha

13/06

ISG

HANSA ROTENBURG

JEB/COK/CMB

08/06

09/06

FME

TABEA

896W-896E

FTD

Port Kelang(North port) – Singapore,Shangha

12/06

COST

TCI PRABHU

PBA 10/06

11/06

MD1

GREEN HOPE

22722W-22722E

WAN

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

16/06

17/06

ADHRCL

DANU BHUM

452W-452E

RCF

14/06

15/06

FME

SUEZ CANAL

21004W-21004E

TST

Kakinada Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

08/06

09/06

KAK>COK

SSL GUJARAT

96

IMPERIAL

Halida,Cochin

15/06

16/06

KAK>CMB

MSC ISHYKA

SAMSARA

Halida,Colombo

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 8-6

CITPL - Chennai

9-6

CI II

MV.INTERASIA CATALYST

004E

AISSA MARITIME

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

Port Kelang(North port) – Singapore,Shangha

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

8-6

9-6

ACS

HYUNDAI MASAN

007W

HMM

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

9-6

10-6

CCG

SM NEYYAR

22

SIM

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

9-6

10-6

CTS

MV.KAPTIAN MASLOV

133S

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

10-6

11-6

TCX

RACHA BHUM

116W

RCF

10/06

11-6

TUX

MV.OEL SHRAVAN

21137

TWF

COLOMBO, TUTICORIN, COLOMBO

Port Kelang(North port) – Singapore,Shangha

11-6

12-6

C13

ATHENS BRIDGE

118

ONE

11/06

12-6

BOX

MV.AS SOPHIA

21042S

BTL

COLOMBO, TUTICORIN, COLOMBO

Port Kelang(North port) – Singapore, Shangha

12-6

13/06

CI5

KMTC NHAVA SHEVA

2104E

KMD

12-6

13/06

CTS

MV.KAPTIAN MASLOV

133s

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

TAO/PUS/SHA/SKU/SIN/PKW/PKG/ MAA/KAT/PKG/SIN/PGU/SKU/KHH/TAO

14/06

15/06

C13

XIN WEN ZHOU

133

CCO

Port Kelang(North port) – Singapore,Shangha

14/06

15/06

ACS

HYUNDAI COLOMBO

117W

KMD

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

NSICT - Mumbai ETA

ETD

Service

Vessel Name

Voy

Agent/Line MSK

09/06

10/06

BLUENILE

NORTHERN DEPENDENT

10/06

11/06

AIM

BOMAR RADIANT

ONE

11/06

12/06

AIM

NAVIOS DOMINO

HLI

11/06

12/06

MIDAS

FRISIA AMSTERDAM

MSK

11/06

12/06

IPAK

MSC PINA

MSC

11/06

12/06

CSC

JAKARTA VOYAGER

SAA

11/06

12/06

IIX

SHAHR E KORD

RIS

12/06

13/06

MWE

SPHENE

MSK

13/06

14/06

MECL

MAERSK KENSINGTON

MSK

14/06

15/06

AS1

CMA CGM RIGOLETTO

CCA

14/06

15/06

GIX

AVNI

PRD

15/06

16/06

BMM

INTER SYDNEY

EMS

Calling Ports ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

9-6

10-6

CHX

ALEXANDER BAY

122W

MSK

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

9-6

10-6

CCG

VARADA

37

SMI

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

10-6

11-6

ECX

SSL KUTCH

214S

RSA

Haldia, Paradip

10-6

11-6

FME

TABEA

896W

ISS

Port Kelang(North port) – Singapore, Shanghai

Nhava Sheva, Mundra, Port Qasim, Singapore

13/06

14/06

MDM

GREEN HOPE

29722E

WHL

15/06

16/06

CHX

MAESRK NILE

123W

MSK

Colombo,Damietta Piraes Rotterdam, London

15/06

16/06

CVX

MSC ISHKYA

SV122R

MSC

16/06

17/06

CCG

SM MANALI

3

SMI

Nhava Sheva, Mundra, Port Qasim, Singapore

15/06

16/06

ME2

MAERSK GIRONDE

MSK

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

15/06

16/06

MESAWA

RHONE MAERSK

MSK

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

15/06

16/06

IIX

KASHAN

IRI

Nhava Sheva, Mundra, Port Qasim, Singapore

16/06

17/06

MESAWA

UNI FORTUNA

MSK

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

APM Terminal - Mumbai Voy

Agent/Line

VCTPL, Vizag

ETA

ETD

Service

Vessel Name

Calling Ports

12-6

13/06

CWX

KMTC DUBAI

KMD

9-6

10-6

MINA

XIN YAN TIAN

COS

Jebel Ali, Mundra,Hazira,Nhava Sheva

08/06

09/06

NMG

MONTPELLIER

SEC

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

12/06

13/06

ME3

MAERSK KALMAR

MAE

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

10/06

11/06

CI8

HANSA RENDSBURG

11/06

12/06

FM3

JOSEPHINE MAERSK

MAE

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

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.

Ennore, Krishnapatnam, Visakhapatnam ,Tanjung Pelepas, Xingang, Qingdao Cochin, Nhava Sheva, Mundra, Jebel Ali, Bandar Abbas, Dammam

French Container Shipping Major CMA CGM Posts Strong Q1

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Chennai

Port Wings News Network rench container shipping major CMA CGM closed the first quarter of this year with strong earnings growth.

The company’s net income increased to $2.1 billion in Q1 2021 from $48 million seen in Q1 2020.

EBITDA came in at $3.2 billion in the first three months of 2021, representing an EBITDA margin of 29.7% — versus 13.5% in the first quarter of 2020.

What is more, first-quarter revenue stood at $10.7 billion, up 49.2% from the first quarter 2020, which was impacted by a slowdown in international trade due to lockdown measures, particularly in China.

During the quarter, the group continued to strengthen its financial structure, carrying out accelerated repayments in the amount of $1.7 billion of some of its loans, including the balance on the state-guaranteed syndicated loan contracted in May 2020. Net debt stood at $15.7 billion on March 31, 2021, down $1.2 billion from December 31, 2020.

In the first quarter of 2021, carried volumes were up 10.7% from first quarter 2020 to 5.5 million TEUs, reflecting the quarter’s strong business activity, according to CMA CGM. Shipping revenue stood at $8.6 billion, an

increase of 57.4% driven by strong growth in unit revenue per TEU. EBITDA for shipping was $3 billion.

EBITDA margin rose 34.6%, supported by average revenue per TEU of USD 1,574 and good cost control despite the congestion issues that generated additional operating costs.

The sustained demand for the shipping of consumer goods seen since the summer of 2020 is expected to continue in the second half of 2021, CMA CGM said.

The group added it will continue to invest in strengthening and upgrading its shipping and logistics assets while bolstering its financial structure.

“The current environment should allow the group to achieve at least the same results in the second quarter of 2021, as it did in the first,” the shipping company noted.

Recently, the group made investments to strengthen and upgrade its shipping and logistics assets. It launched a dedicated airfreight division named CMA CGM Air Cargo.

Furthermore, in April 2021, CMA CGM ordered 22 new vessels to be delivered between 2023 and 2024. The newbuild fleet includes six LNG-powered 13,000 TEU units, six LNG-powered 15,000 TEU ships and ten VLSFO-powered 5,000 TEU vessels.

June 9th - 15th, 2021 Issue

Cruise Ships Restart In Venice; Protesters Decry Their Risks Chennai

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Port Wings News Network he first cruise ship leaving Venice since the pandemic is set to depart Saturday amid protests by activists demanding that the ship be rerouted out the fragile lagoon, especially Giudecca Canal through the city’s historic centre, reports ET. They say the enormous vessels - weighing over 90,000 tons and carrying thousands of passengers at a time - pose environmental and safety risks to the canal and the city. Another protest is also planned Saturday by pro-cruise activists whose jobs depend on having thousands of visitors flowing through one of Italy’s top tourist destinations.

Italian Premier Mario Draghi’s government pledged this winter to get cruise ships out of the Venice lagoon, but it will likely take years to reach that goal. The government says it is organizing bids for a viable alternative outside the lagoon, which should be posted any day now.

Still, even an interim alternative route to the Giudecca Canal won’t be ready until next year, Italy’s Ministry for Infrastructure and Sustainable Mobility told The Associated Press in an email.

“Meanwhile, in 2022, as a temporary solution, a certain number of ships can dock in Marghera, relieving the traffic through Venice,’’ the ministry said.

Marghera, an industrial port west of Venice that is still within the lagoon, will require lengthening existing piers to accommodate larger vessels as well as dredging a canal on the approach, cruise industry officials say. Because Marghera is an industrial site, that also means testing the sediment to be dredged for harmful pollutants.

Venice has become one of the world’s most important cruise destinations over the last two decades, serving as a lucrative turnaround point for 667 cruise ships in 2019 carrying nearly 700,000 passengers, according to the cruise industry trade association, Cruise

Lines International.

While some cruise companies have experimented with Trieste to the west or Ravenna to the south as drop-off points for those visiting Venice during the pandemic, industry officials say Venice remains a key port of call for cruises in the Adriatic Sea and eastern Mediterranean.

The passage Thursday of the MSC Orchestra - a cruise ship 300 meters (about 985 feet) long that towered over Venice with 16 decksmarked the first time a cruise ship had traveled up the Giudecca Canal since January 2020, before the pandemic shut down the industry.

When the ship sets sail later Saturday, passengers will enjoy a deck-side view of St. Mark’s Square, the Doges Palace and the Bridge of Sighs as they exit the lagoon.

Concerns about cruise ships were heightened two years ago this week when the MSC Opera struck a dock and a tourist boat, injuring five people, while maneuvering through the Giudecca Canal.

ERMA FIRST Acquires German Marine Water Treatment Specialists RWO Chennai

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Port Wings News Network ounded in 1975 and headquartered in Bremen, RWO provides water and wastewater treatment systems for ships, ports and offshore installations and is a market leader in bilge water separation systems. RWO’s product portfolio includes the treatment of drinking and process water, oily waters, ballast, wastewater as well as a comprehensive range of after sales spare parts and services. Over 16,000 ships have been equipped with RWO’s oil water separators since 1975.

ERMA FIRST Managing Director Konstantinos Stampedakis said: “This is a win for ERMA FIRST

and a win for RWO’s customers and staff. We have acquired a world leader in water treatment systems for the shipping industry with a strong customer base and a reputation for excellence and reliability. We ourselves have a track record of innovation with our ballast water technologies and are well known for our high-quality engineering and customer first ethos. We are committed to building on the past 46 years of RWO experience and help take the company, its products and people to the next level of international success.”

He added: “All RWO products will continue to be made and engineered in Germany and there will be no changes to RWO’s engineering workforce or global

aftersales network.

Service agreements with all current customers remain unchanged.”

RWO’s product range includes systems and monitoring for: Bilge water treatment; Sewage treatment; Desalinisation; Ballast water treatment; and Process water treatment.

Since its launch in 2009, ERMA FIRST has installed its ballast water treatment systems (BWTS) on more than 2,500 ships. Over the last 14 years, ERMA FIRST has set the standard for effective ballast water treatment with superior operational readiness, build quality and ease of use. ERMA FIRST is widely recognised as one of the top BWTS makers worldwide.

World’s First Large Container Ship Converted To LNG To Arrive In Hamburg Chennai

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Port Wings News Network uring the weekend, the 15,000 TEU “Brussels Express” sailed into its home port of Hamburg for the first time. It is the first large container ship in the world to have been converted to gas propulsion. In September 2020, when it was still named the “Sajir”, the ship went into the Huarun Dadong Dockyard in Shanghai. There, all the preparations had already been made to have a floating crane hoist the 1,300-tonne LNG tank into the belly of the ship as well as to carry out other work related to the conversion.

“The fact that a retrofitting of this scale had never been done before meant that we faced numerous challenges – from the planning to the implementation.

We have broken new ground with

the conversion, and we will now be testing it very precisely in realworld operation,” says Richard

von Berlepsch, Managing Director Fleet Management at Hapag-Lloyd.

“Fossil LNG is currently the most promising fuel on the path towards zero emissions. The mediumterm goal is to have CO2-neutral shipping operations using synthetic natural gas (SNG).”

In a nod to the European Green Deal, Hapag-Lloyd has renamed the ship the “Brussels Express”.

In addition, the phrase “Shipping for a cleaner future!” adorns the breakwater on the forecastle.

The ship is not yet operating exclusively with LNG, as the final guarantee works will be performed at the end of this round voyage.

The first complete LNG bunkering will then take place in Singapore on the next round voyage. In the future, the ship, which is currently operating in the Far East 4 service between Asia and North Europe, will bunker twice per round voyage: in Singapore and in Rotterdam.

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NEWS - BITS Concordia Damen Launches The First Of 40 Inland Waterway Tankers

The first of 40 inland waterway barges that are being built by Concordia DAMEN has been launched at the casco yard in Serbia, according to the company’s release.

Concordia DAMEN signed the contract for the environmentally friendly vessels late last year. The vessels, known as the Parsifal Tankers, will be chartered

by Shell and operated by the VT Group/Marlow. The vessels will be 110 x 11.45 metres and will feature low emission LNG propulsion and extreme shallow draft capabilities. They will carry mineral oils between Antwerp, Amsterdam, Rotterdam and Rhine network. The VT Group is specialised in the inland shipping of minerals, chemical products, bio fuels and lubricants.

Concordia DAMEN CEO Chris Kornet said, “We are pleased to have reached this milestone in this important project. The Parsifal Tankers represent a new generation of eco-conscious vessels that will play a significant role in the maritime energy transition. We are looking forward to continuing to develop this project in the coming months.” Concordia Damen’s core business is designing and building inland waterway vessels with an innovative and economic profile. Besides shipbuilding, the company is a reputable shipbroker and manage a fleet of inland navigation vessels. Since the founding of the company, Concordia DAMEN has delivered more than 140 vessels with very different specifications to ship owners in the Netherlands and all over the world.

Yara Marine Technologies Enters The IWSA

After partnering with BAR Technologies to bring WindWings to the global shipping industry, Yara Marine Technologies is now entering the International Windship Association (IWSA) to join their mission of promoting the use of wind propulsion to reduce fuel consumption and cut C02 emissions.

– The immense savings gained by modern wind propulsion really caught the interest of both Yara Marine and our established network of ship-owners. BAR Technologies’ bespoke naval architecture gave us the perfect entry point, bringing WindWings to the maritime sector. Simulations demonstrate that WindWings save 30 percent fuel and CO2 emissions on average trading patterns. Wind technology is finally mature and can achieve significant benefits for both ship-owners and the environment. We already experience massive interest in the market, and are ready for orders, said Aleksander Askeland, CSO of Yara Marine Technologies.

Now that the company has become a provider of wind propulsion, Yara Marine is looking forward to joining the IWSA to actively promote their shared interest and inform global markets about everything the technology can offer.

– We strongly believe in IWSA’s cause, and with WindWings as part of our portfolio, we find great partnership in the organisation. We are honoured to join and to contribute to the important work they are doing. We have already started to take wind propulsion from retrofit pilots to mass production and will have the first vessels sailing early next year. Winds of change have begun to blow; you can fight them, or you can set sail, added Askeland.

Port of Los Angeles rolls out hydrogen fuel cell electric freight demonstration

The Port of Los Angeles and its partners are launching a new era of pollutionfree goods movement with the debut of five new hydrogen-powered fuel cell electric vehicles (FCEV) and the grand opening of two hydrogen fueling stations.

Under the $82.5 million Shore-to-Store (S2S) project, more than a dozen public and private sector partners have teamed up for a 12-month demonstration of the zero-emissions Class 8 trucks and will expand the project to include five more hydrogen-fueled heavy-duty trucks, two battery-electric yard tractors, and two battery-electric forklifts, according to the company’s release.

The large-scale, multiyear demonstration is designed to advance the Port’s Clean Air Action Plan goals and help California achieve statewide climate change, air quality improvement and sustainability targets for reducing greenhouse gases and toxic air emissions. The project is designed to assess the operational and technical feasibility of the vehicles in a heavy-duty setting, as well as to expand infrastructure to support hydrogen throughout the region.

The Port’s technology development partners are Toyota Motor North America, which designed and built the powertrain’s fuel cell electric power supply system; Kenworth Truck Co., which designed and built the Class 8 trucks with Toyota’s fuel cell electric system; and Shell Oil Products US (Shell), which designed, built and will operate the project’s two new high-capacity hydrogen fueling stations in Wilmington and Ontario.

The California Air Resources Board (CARB) is supporting the project with a matching grant of $41.1 million. Project partners are contributing the remaining $41.4 million in financial and in-kind support.

CUSTOMS EXCHANGE RATES Notification No.51/2021 (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 4th June 2021

RATE (INR) Import Export 57.90 200.20 61.85 11.65 12.25 90.85 9.60 251.00 54.20 9.00 105.35 20.75 20.10 56.25 5.60 9.00 83.00 8.75 20.55 73.95 67.90 6.80

55.50 187.90 59.65 11.25 11.75 87.65 9.25 235.50 51.85 8.65 101.85 19.45 18.90 54.35 5.25 8.65 79.75 8.25 19.30 72.25 65.40 6.35

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

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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 Wednesday (09.06.2021)

June 9th - 15th, 2021 Issue

Air Cargo Up 12% in April Compared to Pre-COVID Levels: IATA Chennai

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Port Wings News Network he International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12%.

As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to April 2019 which followed a normal demand pattern.

Global demand, measured in cargo tonne-kilometers (CTKs*), was up 12% compared to April 2019 and 7.8% compared to March 2021.

Seasonally adjusted demand is now 5% higher than the pre-crisis August 2018 peak.

The strong performance was led by North American carriers contributing 7.5 percentage points to the 12% growth rate in April.

Airlines in all other regions except for Latin America also supported the growth.

Capacity remains 9.7% below pre-COVID-19 levels (April 2019) due to the ongoing grounding of passenger aircraft. Airlines continue to use dedicated freighters to plug the lack of available belly capacity.

International capacity from dedicated freighters rose 26.2% in April 2021 compared to the same month in 2019, while belly-cargo

capacity dropped by 38.5%.

Underlying economic conditions and favourable supply chain dynamics remain supportive for air cargo: Global trade rose 4.2% in March.

Competitiveness against sea shipping has improved. Air cargo rates have stabilized since reaching a peak in April 2020, while shipping container rates have remain relatively high in comparison.

Meanwhile, longer supplier delivery times as economic activity ramps up make the speed of air cargo an advantage by recovering some of the time lost in the production process.

“Air cargo continues to be the good news story for the air transport sector. Demand is up 12% on precrisis levels and yields are solid.

Some regions are outperforming the global trend, most notably carriers in North America, the Middle East and Africa. Strong air cargo performance, however, is not universal. The recovery for carriers in the Latin American region, for example, is stalled,” said Willie Walsh, IATA’s Director General.

APRIL REGIONAL PERFORMANCE Asia-Pacific airlines saw demand for international air cargo increase 9.2% in April 2021 compared to the same month in 2019. This was a significant improvement in performance compared to the previous month.

International capacity remained constrained in

the region, down 18.7% versus April 2019. As was also the case in March, the region’s airlines reported the highest international load factor at 77.5%.

North American carriers posted a 25.6% increase in international demand in April 2021 compared to April 2019. This strong performance reflects the appetite of US consumers for products manufactured in Asia.

North American carriers have also been able to grow their market share, notably on routes between North and South America, owing to the large freighter fleets they have available. International capacity grew by 5.5% compared with April 2019.

European carriers posted an 11.4% increase in demand in April 2021 compared to the same month in 2019. This was a significant improvement compared to the previous month. Improved operating conditions and recovering export orders contributed to the positive performance. International capacity decreased by 17.5% in April 2021 versus April 2019, remaining unchanged from the previous month.

Middle Eastern carriers posted a 15.3% rise in international cargo volumes in April 2021 versus April 2019. This was a significant improvement compared to the previous month. Seasonally adjusted volumes remain on a robust upward trend. International capacity in April

was down 17.5% compared to the same month in 2019.

Latin American carriers reported a decline of 32.7% in international cargo volumes in April compared to the 2019 period. This was the worst performance of all regions and a decline in performance compared to the previous month. Drivers of air cargo demand in Latin America remain relatively less supportive than in the other regions, and airlines in the region have lost market share to other carriers due to financial restructuring. Despite this, volumes on several routes in the region (such

as Europe and Central America, and North and South America) performed well.

International capacity decreased 52.5% compared with April 2019.

African airlines’ cargo demand in April increased 30.6% compared to the same month in 2019, the strongest of all regions and the fourth consecutive month of growth at or above 25% compared to 2019.

Robust expansion on the Asia-Africa trade lanes contributed to the strong growth. April international capacity increased by 0.6% compared to April 2019.

Air China Extends Its Handling Agreements With WFS In London And Frankfurt Chennai

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Port Wings News Network ir China has extended its cargo handling agreements with Worldwide Flight Services (WFS) at London Heathrow and in Frankfurt.

In the UK, the airline has renewed its cargo handling contract at Heathrow by a further three years, while, in Frankfurt, Air China has signed a 12-month extension. Both airports are key hubs for the airline in Europe, connecting customers with several Chinese airports.

Flights from London are operated by both Boeing 777 and Airbus A330 aircraft. Ex Frankfurt, Air China offers both B777 passenger

and freighter services. The new agreements further extend WFS’ partnership with Air China, which also includes handling contracts in London, Paris CDG, Madrid, Frankfurt, Copenhagen, New York JFK, and Dallas Fort Worth.

Clare Liu, Vice President of WFS in China, commented: “We are honoured that Air China has renewed its handling agreements with WFS at two of its biggest hubs in Europe. We have a dynamic team managing the airline’s requirements and through WFS’ stability of service and customer focus, we will continue to support Air China’s growth on the highly important tradelane connecting Europe and China.”

Construction Of Six Submarines at Cost Of Rs 43,000 Cr On Cards New Delhi Port Wings News Network he Defence Acquisition Council (DAC), at a meeting held under the Chairmanship of Raksha Mantri Rajnath Singh on June 04, 2021, has approved proposals concerning capital acquisitions of various equipment for modernisation and operational needs of the Armed Forces amounting to approx. Rs 6,000 crore.

In addition, the DAC has also approved issue of RFP for construction of six Conventional Submarines under Project P 75 (I) under the Strategic Partnership (SP) Model. This project envisages indigenous construction of six conventional submarines equipped with the state-of-the-art Air Independent Propulsion system at an estimated cost of Rs 43,000 crore.

This is a landmark approval, being the first case processed under the Strategic Partnership model. This would be one of the largest ‘Make in India’ projects and will serve to facilitate faster and more significant absorption of technology and create a tiered industrial ecosystem for submarine construction in India.

From a strategic perspective, this will help reduce current dependence on imports and gradually ensure greater self-reliance and dependability of supplies from indigenous sources.

With accord of this approval, the country will be enabled to achieve its 30-year Submarine construction programme envisioned by the Government to acquire national competence in submarine construction and for the Indian industry to independently design and construct submarines in India.

The availability of new technologies and advanced manufacturing capabilities

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Hindussthan Marine Engineering Works Ship Building | Ship Repairs | Floating Dry Dock Bulk Cargo Handling Jetty Shipyard: Dhargas, Pudupattinam Village, Sirkhazhi Taluk, Nagapattinam Distict, Tamilnadu 609 101, India Tel: +91(4364) 268699 Fax: +91 (4364) 268499 E-mail: hindussthanship@gmail.com 1, Old Sical Plot, Fire Fighting Road, Inside Chennai Harbour, Chennai - 600009. Tamilnadu, India Tel: +91 (44) 25380055 / 25395799 Fax: +91 (44) 25393717 hindussthan@yahoo.co.in / hindussthan@gmail.com

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to the Industry will be an important step towards enhancing the nation’s quest for selfreliance in modern conventional submarine construction and sustainment activities whilst creating direct and indirect job opportunities in India.

This project under SP Model provides a unique long-term opportunity and planning certainty for the industry to invest and support submarine construction. It will also infuse the latest technology and weaponry for submarines in India through strategic tie up between Indian Industry and leading foreign OEMs. There was a long pending need of the Indian Army for modernisation of its Air Defence guns. These had been earlier procured only from foreign sources. With the continued thrust of Ministry of Defence towards ‘ÁtmaNirbhar Bharat’ and ‘Make in India’, an enthusiastic response from about a dozen Indian companies was received.

All of them have expressed their willingness and commitment to manufacture this complex gun system and associated equipment by ensuring technology assimilation in India.

Accordingly, the DAC accorded approval of procurement of Air Defence Guns and Ammunition at an approx. cost of Rs 6,000 crore under the Buy & Make (Indian) category.

Further to better equip the Armed Forces to meet the operational challenges and facilitate faster induction of required arms and ammunition, the DAC extended the timelines for progressing urgent Capital Acquisitions under the delegated powers to the Armed Forces up to August 31, 2021. This will enable the Armed Forces to complete their emergent and critical acquisitions.

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