Port Wings Maritime Exim Weekly 17 Nov 2021 e-Paper

For All Type of Marine & General Insurance

www.portwings.in

Nov. 17th - 23rd, 2021 Issue

SANCO TRANS LTD

Also undertaking Life and Mediclaim Policies Contact:

K.Sivakumar,

M.Sc, B.L.,

Insurance Advisor

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

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

Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741 Wednesday, November 17, 2021 8 Pages

`12

Wing 8 Feather 14

Authorized Economic Operator

Mob : 9884085285

FIEO Felicitates Public-Private Partnership-led Synergies Exporters of Northern Indi can accelerate the growth of India’s Maritime sector: Sarbananda Sonowal Mumbai

S

Port Wings News Network hri Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, Government of India and Minister of AYUSH, Government of India, on 13 November visited Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling ports.

During his visit, he got a comprehensive understanding of the port’s operations, infrastructural and technological advancements, reviewed the progress made by the port through its Public-Private Partnership initiatives, and engaged with JNPT’s key stakeholders.

While addressing the press conference, Shri Sarbananda Sonowal, Union Minister of Ports,

Shipping and Waterways, and Minister of AYUSH, Government of India, outlined how PPP-

led synergies can transform and accelerate the country’s progress.

With the majority of global trade carried by sea, ports are critical gateway infrastructure which

economic growth for the country.

This initiative will become a means to manage port operations more effectively, as well as to develop new port infrastructure, traditionally

connect an entire region and its inland transportation network (i.e. road, rails, inland waterways) to the international market. Therefore, public-private partnership at JNPT,

both exclusively government functions.

He highlighted how JNPT has continued to lead India’s Port sector from the forefront through its EXIMcentric initiatives and world-class expertise in swiftly streamlining logistical operations, consequently emerging as a preferred ‘Port of Choice’ for trade. “I am confident that, through consistent tech advances and multimodal infrastructure development, JNPT will continue to navigate India’s port-led prosperity and anchor itself as a mega port by 2030,” Shri Sarbananda Sonowal added.

Commenting on the visit of the Union Minister, Shri Sanjay Sethi, IAS, Chairman, JNPT, said, “Today, we are delighted to have our Honourable Minister with us at JNPT. We have been able to Contd. on page -2

will help developing strong, wellfunctioning maritime transport infrastructure is a key element of

New Delhi Port Wings News Network n order to encourage the exporters and have an intrinsic growth FIEO instituted the Regional Awards which is given at the state level to exporters who have excelled in their respective fields and states.

The states of Northern India play a significant role in India’s Total exports and FIEO felicitated the top performers in various categories from this region at the Northern Region Export Excellence Awards on November 13, 2021 at Jalandhar. The Awards were given by Shri Som Parkash, H o n ’ b l e Minister of State for Commerce & Industry; Shri Suvidh Shah, Jt DGFT; Shri Khalid Khan, Vice President, Shri S C Ralhan, Past President and Shri Ashwani Kumar, Regional Chairman (Northern Region), FIEO. Shri Khalid Khan, Vice President FIEO in his address congratulated all the Award winners and mentioned that by their excellent performances they have become role models for the entire exporting fraternity. Indian exports have done exceptionally well in the first 7 months of the current fiscal touching a new high of US$ 233 billion. Such a performance is all the more remarkable as it has come at a time when many States had local lockdown and huge challenges were witnessed in logistics. This has all

I

FumiGATiON SeRViCeS pVT LTD.,

37

been possible with the professional approach of exporters and support the Government has extended from time to time to the exporting community. Going by the current trend, we are confident to achieve

the target of USD 400 billion with exemplary performers amongst us.

Shri Ashwani Kumar, Regional Chairman (Northern Region), FIEO in his welcome address thanked Shri Som Parkash, Hon’ble Commerce & Minister. He informed that the Export Excellence Award is awarded to member exporters for achieving outstanding performance in export of goods and services and to organizations helping exporters in achieving higher growth in all the Northern region states, such as Delhi, Himachal Pradesh, Punjab, J&K, Uttarakhand, Chandigarh, Uttar Pradesh, Haryana and Rajasthan. He said that we are on our course to achieve the target of US$ 400 Billion in goods exports this fiscal and now working for reaching the milestone of US$ 1 Trillion merchandise exports by 2026-27.

Shri Som Parkash, Minister of State for Commerce & Industry said that India has been able to maintain momentum even in the midst of a stressed up global macro environment. India’s GDP Contd. on page -2

Follow us in twitter @portwingsnews Visit

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

Experts in wooden pallet fumigation and Heat Treatment

• Disinfestation of Vessels

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

• All Type of Residential & Commercial Pest Control Services

www.fumigationservice.com

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

for Latest News

Inside Pg-2 Hapag-Lloyd Achieves...

A.P. Moller - Maersk Enters... Pg-3 India poised to achieve Services... Pg-4 Pg-5 Kerry Logistics Network...

Vessel Position at Terminals and Ports... Pg-6 Latest Customs Exchange Rates... Pg-7 COVID-19 – Singapore launches... Pg-7 UK Ports Demand A Level...

Pg-8

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

Nov. 17th - 23rd, 2021 Issue

2

Continued from page -1 Public-Private Partnership-led Synergies...

Wednesday, November 17, 2021

Wing 8 Feather 14

Decarbonizing Shipping

A

s the world’s GDP keeps growing, shipping, which transports 90% of the world’s trade, contributes nearly 3% of global emissions could increase to 17% by 2050

Curbing shipping emissions has been a hot topic at the international climate summit in Glasgow, with 14 nations signing a declaration last week to bring shipping emissions down to net zero by 2050.Shipping industry heavyweights and senior government representatives met to iron out details of this lofty promise, ahead of the key transportation talks at COP26. Important differences emerged in whether market or regulatory rules will be most effective to push the industry towards net zero. Shipping and aviation are notoriously difficult industries to decarbonize. They require vast amounts of fuel for international travel, and the questions of which country is responsible for emissions makes reaching agreements a mammoth and glacial task. Shipping’s total emissions are set to increase this year for the first time since the global financial crisis of 2008.If left unregulated, shipping and aviation will be responsible for almost 40% of all carbon dioxide emissions in 2050, according to a study published by the European Parliament.

Most ship engines use a low-grade, carbon-heavy fuel oil, which creates significant air pollution. So some shipowners are moving to build new ships or convert existing ships to run on liquefied natural gas (LNG) instead.

While this presents a 25% reduction in CO? emissions compared to the current low-grade fuel, LNG still releases methane into the atmosphere – a heat-trapping gas roughly 30 times more potent than CO?.

This points to a big problem getting in the way of decarbonizing shipping: zerocarbon technologies that can be applied at scale to large ocean-going ships do not yet exist.

The International Maritime Organization (IMO) is the UN body that addresses emissions from ships engaged in international trade. It’s currently coordinating measures to curb maritime emissions among its more than 170 member states.

And each state has competing interests.

Continued from page -1 showcase our Port’s achievements and ongoing advances. The Union Minister’s visit provided an opportunity for our Port stakeholders to directly engage with the minister and share their perspectives on India’s growing maritime sector and how maritime policies under his leadership can contribute to its overall growth. JNPT has been the key driver for India’s maritime sector; with consistent support and encouragement from the Ministry, we will certainly continue our upward growth trajectory, leveraging India’s export potential and maritime economy.”

JNPT officials also briefed the

Union Minister about multiple initiatives undertaken by the Port to enhance Ease of Doing Business, including the recently launched ‘Dwarf Container Train’ service and the status of Vadhavan Port and other JNPT-led infrastructure projects.

Earlier in the day, Shri Sanjay Sethi, IAS, Chairman, JNPT, and Shri Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT, welcomed the Union Minister, where he was accorded a guard of honour by the CISF personnel stationed at JNPT. During his day-long visit at the Port, Shri Sarbananda Sonowal inaugurated the ‘Bhumipoojan

ceremony’ of the JNPT Port Road Concretization Project at Karal junction and visited JNPT’s state-ofthe-art Centralized Parking Plaza to review its tech-enabled operations at the CPP command centre. In addition, he also interacted with container truck drivers, who are an integral part of the maritime supply chain. The Union Minister also reviewed a presentation on terminal operations at the GTI House and boarded a vessel, followed by his visit to JNPT’s multi-product SEZ and Hind Terminal CFS. Also, the Union Minister explored ‘Smart Port Initiatives’ undertaken by BMCTPL and reviewed the progress of its phase two expansion.

FIEO Felicitates Exporters of...

Continued from page -1 growth rate in 2021 is projected at 12.55%. India is in 5th position out of 193 economies. India is among six economies that will experience a double-digit growth rate in 2021. India’s merchandise exports in October 2021 were

is continuously engaged in strengthening Indian industry through “ease of doing business” for improving the business environment and attracting foreign investments.

He informed about the recently launched PM Gati Shakti- National Master Plan for Multi-modal

connectivity of infrastructure and also reduce travel time for people.

This will further reduce the logistics cost of Indian products and make them more competitive.

Shri S C Ralhan, Past President, FIEO raised the issue of GST and highlighted the blockage of working

USD 35.47 billion, an increase of 42.33% over USD 24.92 billion in October 2020 and an increase of 35.21% over USD 26.23 billion in October 2019. India’s merchandise exports in April-October 2021 were USD 232.58 billion, an increase of 54.51% over USD 150.53 billion in April-October 2020 and an increase of 25.45% over USD 185.4 billion in April-October 2019. Government

connectivity which is a digital platform to bring 16 ministries together for integrated planning and coordinated implementation of infrastructure projects. He further informed that the Multi-modal Connectivity will provide integrated and seamless connectivity for movement of people, goods and services for one mode of transport to another. It will facilitate the last mile

capital due to the amendment in the GST law. Talking about bank loans he said that banks are scared of giving loans to exporters and about decline in loans /funds to the exporters. He said that this was the best time for exports and said that if banks made funds available to the exporter, the exports that were at USD291 billion at present would surpass the target of USD 400 billion.

In April 2018, the IMO set a goal of halving greenhouse gas emissions by 2050 from 2008 levels. This has been met with fierce criticism from environmental organizations, who call it weak and unambitious.

This target falls well short of the net-zero by 2050 target declared by nations last week at COP26. The declaration was led by Denmark and includes the US. Notably, it was not signed by countries with big maritime shipping sectors, such as Japan and Greece.

The IMO has agreed, after collecting more data, to revisit their target in 2023.

Given growing public interest in climate change and large companies demanding zero emissions in shipping their goods, I believe it’s likely the IMO will bolster its target, and start working towards net-zero emissions by 2050.

At the conference, it became clear most shipowners present were in favor of using the market to solve the emissions problem, and suggested using a carbon price.

This echoes the calls of trade groups, representing more than 90% of the world’s merchant fleet. They have asked the IMO to prioritize a carbon tax for the industry to encourage shipowners to invest in alternative fuel technologies.

On the other hand, the representative for Japanese shipowners was in favour of letting politicians come up with the rules, saying the shipping industry would comply with them.

And shipowners that recently invested in ships fuelled by LNG were, understandably, advocating its use, saying no zero-carbon alternative fuels are currently available, and are still a long way off.

But before we can make any real headway to decarbonize shipping, we must have global unity. It is imperative more member states get on board with the net zero by 2050 declaration.

The IMO needs to set international standards around who’s responsible for emissions. Countries with large shipping fleets such as Japan and Greece need to Sample come on board to expedite the process. IMO resolutions take years to develop and TEXT even longer to be ratified by its member countries.

01

A well-funded research and development program, which the industry has agreed to pay for within a global regulatory framework, needs to commence immediately under the supervision of the IMO. The heightened interest we’re seeing across the supply chains and at COP26 is an important opportunity for the shipping industry to be on the front foot, and reduce their emissions sooner rather than later.

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

04

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

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

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

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

SUBSCRIPTION

Hapag-Lloyd Achieves Extraordinary Strong Result in First Nine Months of 2021 Chennai

H

Port Wings News Network apag-Lloyd has concluded the first nine months of 2021 with an EBITDA of USD 8.2 billion (EUR 6.8 billion).

The EBIT was also much higher than in the prior-year period, at USD 6.9 billion (EUR 5.8 billion).

At the same time, the Group profit improved to USD 6.7 billion (EUR 5.6 million).

Revenues rose in the first nine months of 2021 by approximately 70 percent, to USD 17.9 billion (EUR 15.0 billion). The rise can primarily be attributed to a higher average freight rate of 1,818 USD/TEU (9M 2020: 1,097 USD/TEU). This significant increase is mainly the result of persistently high demand for container transports with scarce capacities at the same time. In addition, transport volumes were

up to 8,980 TTEU and thereby 3 percent higher than the comparable figure for the previous year.

Transport expenses climbed 16 percent in the nine-month period, to USD 8.9 billion (EUR 7.4 billion). This was due in part to higher costs for container handling and an increased average bunker consumption price, which stood at USD 452 per tonne in the first nine months (9M 2020: 402 USD per tonne).

“Despite all the operational challenges, we achieved an extraordinary strong nine-month result. However, global supply chains are under enormous pressure, which further intensified during the peak season in the third quarter. This unfortunately also creates additional

operational burdens for carriers, ports and terminals – but, most importantly, for customers worldwide. We will do everything in our power to help with suitable offers and to do our part to resolve the situation through targeted investments and flexible capacity management,” said Rolf Habben Jansen, CEO of HapagLloyd.

Looking ahead, Hapag-Lloyd expects that earnings momentum will also remain at a high level for the rest of the year. The earnings forecast for the entire year was accordingly adjusted upwards on 29 October: For the 2021 financial year, an EBITDA in the range of EUR 10.1 to 10.9 billion (previously: EUR 7.6 to 9.3 billion) and an EBIT in the range of EUR 8.7 to 9.5 billion (previously: EUR 6.2 to 7.9 billion) are now expected.

Nov. 17th - 23rd, 2021 Issue

AD Ports Group Records Strong Revenue, up 22% Year-on-Year Chennai

A

Port Wings News Network D Ports Group on 13 November announced its financial results for the nine months ended September 30, 2021, reporting revenue growth of 22% year-on-year to AED 2.791 billion (USD 760 million) compared with AED 2.295 billion (USD 625 million) in the same period last year, driven by volume growth, business diversification and new partnerships.

EBITDA rose 7% year-on-year to AED 1.161 billion (USD 316 million) during this period, up from AED 1.081 billion (USD 295 million) during the same period in 2020, with growth across most of the business clusters.

General cargo volumes rose to 37 million metric tonnes in year-to-date September 2021, up from 22 million metric tonnes in the same period in 2020 while industrial zones leased about 2.7 million sq. metres of land in this period, reflecting the wider global recovery from the impact of the COVID-19 pandemic, although some supply chain issues remain.

Container throughput grew to 2.47 million TEUs (twenty-foot equivalent units) in the first nine months of 2021, up from 2.42 million TEUs in the same period in 2020, despite the ongoing supply constraints faced in the global shipping and container market.

Captain Mohamed Juma Al Shamsi, Group CEO, AD Ports Group, said: “We reported solid results for the nine months ended September 30, 2021, due to continuing growth in our core businesses and incremental returns from new investments. We are wellpositioned for sustained growth as the world economy recovers from the impact of the global pandemic and as we take an active role in helping to resolve global supply chain issues. Our commitment to contribute to Abu Dhabi’s and the UAE’s economic development is stronger than ever.”

Operational highlights from the period included the signing of a concession agreement with CMA CGM Group in July 2021 to establish a new terminal in Khalifa Port. AD Ports Group also signed a Heads of Terms agreement with Aqaba Development Corporation to build and operate a new cruise terminal at

the Port of Aqaba, Jordan, the first of its kind in the country and AD Ports Group’s first cruise facility outside the UAE. In addition, the Group signed a preliminary agreement with the General Company for Ports of Iraq (GCPI), to explore potential opportunities in the transportation and maritime sectors.

Martin Aarup, Group Chief Financial Officer, AD Ports Group, said: “We have maintained our focus on delivering stable returns, building on the firm foundation of our long-term contracts backed by a prudent investment strategy. We are beginning to realise returns from our new investments, joint ventures and partnerships across feedering, offshore and transhipment services as well as from our expansion of logistics services. Our invested capital increased to AED 23 billion (USD 6.3 billion) in the first nine months of 2021, up from AED 19.9 billion (USD 5.4 billion) in the same period in 2020, in line with our ongoing expansion programme.”

AD Ports Group, Egyptian Group for Multipurpose Terminals Sign MoU to Develop and Operate Multipurpose Terminal in Safaga Port AD Ports Group, a leading facilitator of trade and logistics, has signed a Memorandum of Understanding (MoU) with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation, for the development and operation of a multipurpose terminal in Safaga Port.

The signing was conducted on the sidelines of the 4th Smart Transport, Logistics & Traffic Fair & Forum for the MEA Region (TransMEA 2021), held under the patronage of His Excellency Abdel Fattah ElSisi, President of the Arab Republic of Egypt. The legal document was signed in the presence of His Excellency Kamel El Wazir, Minister of Transportation in Egypt;

by Saif Al Mazrouei, Head of Ports Cluster, AD Ports Group; and Rear Admiral Abdul Qadir Darwish, Chairman of the Egyptian Group for Multipurpose Terminals.

Under the MoU, AD Ports Group will explore investment opportunities and conduct feasibility and local market studies related to developing and operating

a multipurpose terminal in Safaga Port, with both parties benefitting from the exchange of expertise and best practices. The MoU aims to support the growth of the Middle East’s industrial and logistics sectors, as well as assist in opening new markets for Egyptian exports via direct maritime routes across the Arabian Gulf, East Asia, and Africa regions. It will also facilitate commercial activities operating within the Golden Triangle and Upper Egypt and will elevate the country’s ability to compete with other nations that manufacture similar industrial products.

Saif Al Mazrouei, Head of Ports Cluster, AD Ports Group, said: “We are pleased to sign this MoU with the Egyptian Group for Multipurpose Terminals, which falls in line with AD Ports Group’s efforts to promote trade relations with Arab sister nations, as well as our commitment to expand regional and global reach as a leading enabler of global trade and logistics.

“The strategic location of Safaga Port on the Red Sea holds great potential for a significant role within the global supply chain. We are confident that the cooperation will prove beneficial for both sides, as it combines the unique characteristics of Safaga Port with the long-standing expertise offered by AD Ports Group in managing and operating maritime terminals, along with the Group’s extensive capabilities in delivering end-to-end services across the entire supply chain.”

Rear Admiral Abdul Qadir Darwish, Chairman of the Egyptian Group for Multipurpose Terminals expressed his appreciation for the newly announced cooperation with AD Ports Group, noting that the MoU will serve as a promising starting point for further collaborations, which will provide a wide range of services beneficial to each nation’s trade and logistics sectors.

Commenting on the MoU, Rear Admiral Darwish, said: “The investment environment in Egypt is rich with opportunities, and it is crucial that we advance and enhance seaports in Egypt so that they become centres for further commercial development, and competitive with other international ports. In turn, this will greatly benefit our nation’s national economy.”

NYK Unveils Fuel-Efficient Supertanker Chennai

J

Port Wings News Network apanese shipping giant NYK Line has taken delivery of a very large crude carrier (VLCC) that promises to consume much less bunker fuel than the supertankers of yesteryear.

The company announced that it has taken delivery of the 310,000 dwt Tateshina, a crude tanker equipped with multiple energysaving innovations. The vessel was built at Nantong COSCO KHI Engineering (NACK), a JV between state-owned COSCO Shipping and Kawasaki Heavy Industries.

NYK said that by changing the shape of the ship’s bow, the resistance caused by the bow wave has been greatly reduced, and the propulsion performance has been improved. The ship is also equipped with energy-saving measures such as low-friction bottom paint, highefficiency large-diameter propellers, and ladder fins that regulate the water flow at the stern and reduce energy loss.

As a result, energy efficiency in terms of carbon dioxide emissions per unit of transportation is expected to improve by approximately 23 per cent compared to previous

generations of VLCCs. This makes Tateshina compliant with Phase 2 of the IMO Energy Efficiency Design Index (EEDI) requirements.

NYK has set a long-term target of net-zero emissions of greenhouse gas by 2050 across all of the groups’ oceangoing businesses, exceeding IMO targets.

“The NYK Group considers safety to be of utmost importance and will continue to take countermeasures against threats such as cyberattacks on ships to contribute to stable crude oil transportation to meet customers’ demands,” said the company in a statement.

3

A.P. Moller - Maersk Enters Strategic Partnership With Vestas On All Containerised Transport Chennai

T

Port Wings News Network o serve the growing global market for sustainable energy solutions and protect profitability in an increasingly challenging global business environment for renewables, Vestas continuously looks for partners that can help mitigate negative impact from the current supply chain challenges and scale the business efficiently in the long-term.

As part of manoeuvring successfully in a challenging environment, Vestas and Maersk have formed a long-term strategic partnership for all containerised transport.

The partnership includes door-todoor transport from the company´s suppliers to their factories and service warehouses as well as containerised site parts and transport equipment.

In addition, the partnership also includes all airfreight shipments.

The partnership does not include non-containerised road transport and outbound transport, which will continue to be managed by DSV and other partners.

“The need for sustainable energy is as big as ever and with an increasingly challenging business environment, we are pleased to partner with Maersk on containerised transport. By partnering with Maersk, we can further accelerate the deployment of wind energy and protect profitability, while working together on developing solution that can make our supply chain more sustainable. We want to create a sustainable, resilient and predictable supply chain and by partnering with a world leader as Maersk, we strengthen our supply chain, our partnership setup within transport and create opportunities to improve sustainability,” says Tommy Rahbek

Nielsen, Chief Operating Officer, Vestas.

“We are enthusiastic to be chosen as Vestas’ main logistics partner.

Running a global supply chain that can meet the needs from a global leader in sustainable energy solutions is both a complex and highly demanding undertaking.

We will work hard to provide fast, resilient and dynamic supply chain solutions to Vestas as a modern endto-end logistics company with fully controlled assets, while empowering them and turning complications into opportunities,” says Vincent Clerc, Executive Vice President and CEO Ocean and Logistics, A.P. Moller Maersk.

By partnering with Maersk, the world’s largest asset owner within shipping and containers, Vestas gets direct access to container capacity at a fixed price. This would otherwise be hard to secure in the current environment and thus, it will help ensure business continuity and cost predictability. The partnership also entails a fantastic opportunity to co-develop a joint sustainability journey, where the two leading companies can join forces to decarbonise logistics.

The partnership with Maersk underlines Vestas’ ambition to partner with companies that will support their growth journey by investing in scalable and sustainable solutions that drive the industry forward.

The existing DSV partnership will continue with a special focus on non-containerised transport. This means that in addition to the Maersk strategic partnership, Vestas will continue to work closely with DSV and many other partners within other areas of transport.

The partnership is effective per 1.

January 2022.

India, 12 Nations Vow To Tackle Emerging Common Maritime Threats Chennai

A

Port Wings News Network dopting a common stance at the Goa Maritime Conclave, 13 nations, including India, vowed to prioritise key maritime interests in the Indian Ocean Region (IOR) with an emphasis on capacity building to tackle emerging common maritime threats, according to a report in The Times of India.

The Declaration of Common Maritime Priorities was unveiled on the final day of the Goa Maritime Conclave by chief of naval staff Admiral Karambir Singh and the naval chiefs of the eight other nations.

The Declaration of Common Maritime Priorities is based on the inputs agreed by all participants during Goa Maritime Symposium in May and which were approved by the chiefs of navies and heads of maritime agencies.

Singh also held bilateral meetings on the sidelines of Goa Maritime conclave with Mauritius,

Madagascar, Comoros and Sri Lanka. Singh met with VAdm Nishantha Ulugetenne, commander of Sri Lanka navy and discussed modalities for further enhancing mutual support, training and other areas of cooperation.

In his interaction with Commander Moudjb Rahmane Adaine, Commander Comorian coast guard on maritime cooperation, Singh said that India is willing to assist Comoros in training and capacity building.

The chief of Malagasy Navy RAdm GA Jacquy Honore also met with Singh to discuss modalities for increasing maritime cooperation.

This is the first time the Malagasy Navy and the Comorian coast guard participated in the Goa Maritime Conclave.

Singh also held bilateral discussions with Anilkumarsing Dip, the Commissioner of Police, Mauritius on various issues pertaining mutual maritime security concerns to further strengthen response mechanisms to non-traditional threats.

4

Nov. 17th - 23rd, 2021 Issue

India poised to achieve Services Export target of $1 Trillion by 2030 : Piyush Goyal New Delhi Port Wings News Network he Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Goyal on 9 November said that India is poised to achieve services export target of $1 trn by 2030.

He was addressing the gathering at the ‘Services Export Promotion Council- Global Services Conclave 2021” in New Delhi.

The Minister said that Services are a key driver of India’s economic growth.

He added that services sector provides employment to nearly 2.6 crore people and contributes approximately 40% to India’s total global exports. He added that Services trade surplus was $89 bn in FY 2020-21 and it has been the largest FDI recipient (53% of FDI inflows 2000-2021).

The theme of the Global Services Conclave 2021 was ‘India Serves: Exploring Potential Growth Sectors Beyond IT/ITes’.

Emphasizing that Service sector is our competitive advantage, powered by Skills, Startups and IT Solutions, the Minister said that today, Indian services have the twin power of universal acceptance & universal attraction.

Lauding India’s commitment to enable ‘work from Home’ during the pandemic, Shri Goyal said that, while services trade remained depressed in other countries, India’s services sector showed immense resilience.

“Sectors like tourism, hospitality, etc. which suffered due to COVID-19 is showing revival signs” he added.

Appreciating the spirit that led to rise through the tough times

T

faced by the sector, Shri Goyal said that tough times don’t last, but tough people do. He expressed his admiration for the selfless service of all frontline workers during the COVID 19 pandemic.

The Minister said that in 2020,

India became the 7th largest services exporter in the world, moving up the ladder by two positions. Services PMI rose to a decade high of 58.4 in Oct’21, he said.

Emphasizing that India had the potential to become the top services exporter in the world, Shri Goyal said that Services is boosting India’s transition from an assembly economy to a knowledge based economy.

Global sentiments are changing from ‘why India’ to ‘why not India’, he said.

Observing that India has transformed from being the ‘Back office’ to the ‘Brain office’ of the world, Shri Goyal said that today, India’s Services export largely comprise of IT/ITes and stressed that we need to focus on other potential growth sectors.

The Minister listed certain crucial sectors which can catapult India’s services sector on a high growth trajectory such as higher Education.

He observed that students from US, Canada etc. prefer India for heritage, art and culture studies.

The Minister assured that the Government was actively pursuing market access opportunities (FTAs) and working on a scheme alternative to SEIS. He said that the Government supported service sector through Aatmanirbhar Bharat Package, collateral-free Automatic Loans for Businesses, including MSMEs. Rs. 56,027 Crore was released under various Export Promotion schemes.

He spoke of India’s initiatives in Skill development, especially in emerging areas like AI, Big Data, Robotics, etc.

The Minister also highlighted the need for assisting States in formulating a comprehensive export strategy with districts as Export Hubs.

Shri Piyush Goyal said that the Government as a facilitator and enabler, helped Indian Services to grow & touch lives across the globe. He emphasized that Zero Government interference has enabled IT sector to excel.

He appreciated the sector for not pursuing incentives but standing on its competitive strength.

Charting the way forward, the Minister said that we must introduce more standards & improve quality.

We must move up the value chain in services and pick areas where our strength lies and expand on that, he said. He also said there is a need to expand markets for Legal/ Accounting professionals.

Quoting Shri Atal Bihari Vajpayee, Shri Goyal said that “Our aim may be as high as the endless sky, but we should have a resolve in our minds to walk ahead, hand-inhand for victory will be ours”.

India Continues To Have Smaller Share In International Shipping Sector: Report Mumbai

I

Port Wings News Network ndia is thus becoming a net importer of shipping services especially ship finance, according to a report submitted to IFSCA. India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in the international shipping sector, according to a report submitted to IFSCA. It is thus becoming a net importer of shipping services especially ship finance, the report of the Committee for Development of Avenues for Ship Acquisition, Financing and Leasing from GIFT IFSC. The panel was constituted by the International Financial Services Centres Authority (IFSCA) in June and submitted its report on October 28, the Gandhinagar-based regulator said in a statement.

IFSCA, established in April last year, is a unified authority for the development and regulation of financial products, financial services and financial institutions in the international financial services centre (IFSC) in India. Currently,

GIFT IFSC is the maiden IFSC in India.

The panel headed by Vandana Aggarwal carried out a 360-degree examination of the existing legal and regulatory regime in IFSC in India for ship acquisition, financing and leasing, comparing it with those of the global top-ranking marine hubs.

It developed financial models to gauge the gap in costs, including capital and operating costs and tax costs, of doing this business in IFSC and these hubs, said the statement adding that it has identified bottlenecks to the realisation of India’s shipping sector’s growth story.

It held extensive stakeholder consultations towards working out the changes required for seeding the robust ship acquisition, financing and leasing (SAFAL) regime at India-IFSC. To this end, it also holistically considered the supportive links of shipbuilding, flagging, operating, and repairs and recycling in the shipping value chain, it said.

The focus remained on enabling cost-effective and competitive delivery of shipping services on ships owned and leased from India-

offshore IFSC which is on par with overseas competitors, it added.

“The Report provides useful recommendations for realising the true transformational potential of India’s shipping industry. It finds that the time is opportune for imparting a brand value to Indianflagged vessels,” it said.

This can be done by carving out a share in global cross trades, securing gainful transactions for India’s marketplace, promoting decarbonisation and greening of the blue oceans, and leveraging IndiaIFSC Maritime for achieving the Maritime India Vision 2030 and beyond, it said.

Essentially, it said, the committee has found that the concept of IFSC, conceived for financial services, should be naturally extended to SAFAL products and services, including ancillaries.

This may entail notifying vessel leasing or operating lease of any equipment as a ‘financial product’ to enable ship leasing entities to set up a unit in IFSC, the report said.

Direct and indirect tax changes have been proposed based on the competitive gaps identified through the financial models developed for India-IFSC, it added.

Iraq May Open Doors To Indian Tea After 10-Year Hiatus Mumbai

T

Port Wings News Network he Baghdad Chamber of Commerce has invited Indian tea companies to participate in the first tea festival in Iraq which will be held at the end of this month, according to a news report in Economic Times. This will help the Indian tea companies that produce around 1,400 million kg of tea a year to network with Iraqi buyers and regain the lost market.

Confirming the invitation, Sujit Patra, secretary of the Indian Tea Association (ITA), said: “Iraq had been a major market for Indian tea till 2006. But subsequently, due to various issues which included a delay in payment, Indian exports gradually dwindled and came to a complete halt somewhat around 2011-2012.”

The Iraqi government used to procure tea from India under the UN’s food for oil scheme.

In those days, Iraq used to import around 80 million kg of tea, including 40-45 million kg from India.

However, since 2007, Sri Lanka has replaced India as the top supplier and currently accounts for more than 80% of the Iraq market. Meanwhile, Indian exporters gradually lost all contacts with Iraqi buyers.

Following the Baghdad Chamber of Commerce’s invitation, the Embassy of India in Baghdad has approached the Tea Board for participation along with Indian tea companies in the tea festival on November 28-29.

The ITA executive said the two

countries enjoy long-standing trade, cultural and political relationships.

India has sufficient supplies of the type of tea that Iraq imports, and at various price points.

“To regain the lost Iraq market, the ITA has requested the Tea Board and Indian embassy’s active support to rebuild confidence and relation with the Iraqi buyers. We hear that some Indian teas enter Iraq through Dubai, but there are no direct exports. Therefore, direct export needs to be restored,” Patra said.

India’s tea exports were at an all-time low of 119 million kg during January-August this year.

The shipments for this period last year totalled 135 million kg. Higher shipment cost, payment problems in Iran and higher exports of Kenyan tea in the global markets at much lower prices have impacted Indian exports this year.

The Indian tea trade has requested the government to work out a free trade agreement or preferential trade agreement with Bangladesh, Iran, Russia and Turkey to boost exports.

India’s competitor in the global tea market, Kenya and Sri Lanka, have already worked out such arrangements with importing nations. Kenya has taken advantage of zero duty with Egypt and made preferential quid pro quo trade agreement with Pakistan, the second largest importer of tea. Sri Lanka has made barter arrangements with Turkey, a tea producing country with high import duty, and is now negotiating with China and Bangladesh for preferential trade agreements.

Mahindra Logistics Acquires MERU Mumbai

Port Wings News Network ahindra Logistics Ltd. (MLL), one of India’s largest Third-Party Logistics solution providers, on 9 November announced its acquisition of Meru: The acquisition is a strategic move to consolidate and expand MLL’s business in the enterprise mobility space.

Meru Cabs, a ridesharing company founded in 2006, revolutionized the way people travelled in cabs by offering AC cabs at their doorstep with a single call. Today, Meru has a significant presence in the airport ride hailing segment and provides on-call and employee mobility services to corporates in India. Meru also has a large number of Electric vehicles in their fleet.

The addition of Meru under its brand, will further strengthen MLL’s mobility business. MLL is already a leader in its Enterprise Mobility Service (ETMS) business, which operates under the ‘Alyte’ brand. With this acquisition, MLL will enhance its range of mobility solutions with strategic focus on enterprise customers and electric mobility.

Speaking on the occasion, Rampraveen Swaminathan, MD & CEO, Mahindra Logistics Ltd. said, “I am pleased to welcome Meru, a pioneering brand in the shared mobility space in India, to the Mahindra Logistics family.

The acquisition complements our mobility services portfolio with an expansion in airport ride-hailing and on-call services. We anticipate significant synergies by leveraging

M

the combined capabilities in supply, technology management and Electric mobility. The combined capabilities of Meru & Alyte will enable us to better serve our B2C and enterprise customers with an expanded portfolio of services delivering on a promise of safety, customer excellence & sustainability.”

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Mahindra Logistics Limited (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility (people transport solutions).

Founded more than a decade ago, MLL serves over 400+ corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce.

MLL pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people transport operations. MLL is part of the newly created Mobility Services Sector of the Mahindra Group.

Nov. 17th - 23rd, 2021 Issue

5

Global Supply Chains Should Kerry Logistics Network, My Jet Xpress Airlines Join Forces to Offer Customized Not Only Be Based Only On Cost But Also On Trust: Piyush Goyal Air Freight Options Within Asia Port Wings News Network erry Logistics Network Limited (‘Kerry Logistics Network’ or ‘KLN’; Stock Code 0636.HK) joins forces with Malaysian cargo airline My Jet Xpress Airlines (‘My Jet Xpress’) to offer customised air freight options within Asia by operating a new solution with the Macau International Airport as the transit hub.

The air freight solution was first

effective customised solution now provides seven to eight flights per week and is going to celebrate its 200th flight soon.

Mr Mohamed Yunos Bin Mohamed Ishak, Chairman of My Jet Xpress, said, “My Jet Xpress successfully achieved 98% of ontime performance since we catered to the demand for both these markets.

The investment into the new aircraft, two Boeing 737-800F, is about RM40 million to complement our existing three Boeing 737-300F and one Boeing 737-400F planes.

introduced in March 2021 by the two companies to support one of KLN’s e-commerce customers who was struggling at the height of the pandemic to obtain freight capacity from Macau into East Malaysia and Indonesia. A transit hub was subsequently established in Macau for three reasons: its proximity to the customer’s distribution centre, its capability to allow carriage of products with batteries and the efficiency of its customs clearance process. From five flights a month, this efficient, reliable and cost-

With the strong e-commerce market growing rapidly, we acknowledge the consumer demand for greater transparency, speed, and reliability.

We are doing our best to fulfil these demands and be relevant to the e-commerce growth. It is also consistent with My Jet Xpress’s motto, ‘The Way to Go’. We hope to see My Jet Xpress emerge as one of the main players in the air cargo industry, expanding not only in Southeast Asia but also throughout Asia with a larger fleet comprising

Chennai

K

narrow and wide body aircraft.”

Mr Mathieu Biron, Managing Director - Global Freight Forwarding of Kerry Logistics Network, said, “The pandemic, while challenging, also gave us an impetus to demonstrate to our customers that we are an agile, flexible and resilient organisation. We designed and launched solutions that enabled us to fill the gap between what limited capacity carriers can provide vis-a-vis the demand from customers.

The initiative between My Jet Xpress and KLN is a perfect example of two partners designing a unique solution to support the customers, and it proved effective. We would like to thank My Jet Xpress for partnering with us. I am also proud of our team in the commitment they displayed throughout these challenging times to think outside the box and deliver innovative solutions. At KLN, our focus is on creating value for our customers.”

Following the success of the Macau solution, My Jet Xpress and KLN are expanding their partnership by introducing more solutions to support the market with scheduled services from Kuala Lumpur and Shenzhen to destinations within Southeast Asia and the Indian subcontinent. By offering scheduled flights and dedicated charters, as well as value-added services including cross-border trucking, warehouse storage and last mile delivery, the new services will be able to support the rapid surge of the e-commerce market, the spike in freight demand and capacity challenges going into the peak season.

Global Supply Chains Should Not Only Be Based Only On Cost But Also On Trust: Piyush Goyal New Delhi Port Wings News Network he Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today said that COVID-19 highlighted that supply chains should not only be based on cost but also on trust. He opined that ensuring transparent, trustworthy and resilient supply chains is at the core of trade revival and added that India emerged as a source of resilience and a trusted partner during COVID-19.

He was delivering the “Keynote Address at Bank of America’s flagship Virtual Conference on the topic “Shifting supply chains globally: Could Make in India see success?”, from New Delhi today.

The Minister said that supply and demand disruption brought on by the COVID-19 pandemic have forced manufacturers everywhere to reassess their supply chains. He added that India demonstrated its capacity and capability to the entire world by not only meeting all our international service commitments but also by becoming self-sufficient in production of critical medical supplies (PPEs, testing, masks).

T

Referring to India’s Pharmaceutical industry, Shri Piyush Goyal said that we are widely recognised as the “Pharmacy of the world” for providing medicines and vaccines to most countries in the world. Speaking of India’s success in implementing the largest vaccination drive in the world, the Minister said that with a plan to manufacture 5 billion doses of vaccine next year, India was aspiring to serve and secure all of the humanity.

Pointing towards the rising economic indicators, Shri Goyal said that India is back in action and the decade is shaping up to be a growth decade, with our exports surging and FDI in-flows and investments following a high growth trajectory. He said that trade must grow in a mutually beneficial and collaborative way.

It may be noted that our Merchandise exports in Apr-Oct 2021 was $ 232 bn (+54% over Apr-Oct 20 & +25% over Apr-Oct 19) and total FDI during the first 4 months of FY 21-22 is 62% more than that of the same period in FY 20-21. India now has 71 unicorns of which 67 were added since 2015.

Shri Goyal said that the Naukri

Jobspeak Index for Oct’ 2021 reports a 43% growth in employment over the same month last year and manufacturing PMI rose to 55.9 in October and service PMI reached a decade high of 58.4 in October.

He opined that India has gained trust of global investors, with its investor friendly policies, removal of redundant laws and approvals through single window.

Underscoring India’s strengths as a supply chain alternative, the Minister said that India has a diverse business landscape, skilled workforce and relatively low labour cost. He spoke of India’s ambitious National Infrastructure Pipeline project and said that the new PM GatiShakti Master Plan would lend new life to India’s infrastructure planning and eventually help in reducing logistics cost to 5%.

He stressed that global sentiments are changing from ‘Why India’ to ‘Why not India’ to now “Make in India for the world’ and serving the world from India. “India’s time has come”, he added. He invited the world to ‘Come to India, Invest in India and Make in India, for the world’, and be a part of a large ecosystem of resilient supply chains.

New Delhi Port Wings News Network n online facility for scheduling examination of Import cargo with the aim of minimising physical interface of trade with Customs and other stakeholders was launched. It is multi-stakeholder application where Customs, CONCOR, Customs brokers and importers on the same platform having a shared view of scheduling examination of goods. This initiative will ensure fullest transparency alongside of convenience for trade and other stakeholders.

04/2021 both dated 10.11.2021 has been issued by the Offices of Pr. Commissioner of Customs (Import) and Commissioner of Customs (Export), ICD-Tughlakabad (Import), New Delhi respectively.

ICD Tughlakabad (TKD) since 1993, at its present location, was the second Land port to be set up in the country after Bangalore in 1983. It caters to the need of importers and exporters and is the biggest inland dry port of North India. This port handles around 2,50,000 TEUs of Exim Cargo and is well connected with four full length rail lines to Gateway ports such as Mumbai,

Customs at ICD Tuglakabad also inaugurated a Baggage Scanner, which will result in non-intrusive examination of unaccompanied baggage/palletized import Cargo while ensuring swifter clearances.

This will also help Customs in targeted intervention to check smuggling. Few days earlier an electronic tracking of containerised cargo through use of Smart locks and an application built on Blockchain technology was launched. This enables customs to monitor and track movement of non-duty paid goods through GPS tracking while reducing compliance burden on trade in terms of documentation.

In another first, ICD Tuglakabad has taken the initiative of improving the logistics efficiency of industry by launching Customs clearance work on Sunday and all public holidays. This facility at ICD TKD is being implemented w.e.f.

14.11.2021 (Sunday) with work hours between 9:30 am to 6:00 pm. In this regard, Public Notice No. 34/2021 and Public Notice no.

Nhava Sheva, Chennai, Mundra etc. besides bringing the containers by road from other ports such as Ludhiana, Haldia, Calcutta and Kandla, etc. ICD TKD is equipped with most modern facilities such as rail mounted gantry of 40 metric empty lifting capacity, rubber tire diesel powered cranes, billoties and lift trucks, etc. along with two covered sheds, one for import and another for export with a total area of 16,000 sq. mts. in the Customs bonded area for stuffing and destuffing of Exim goods. With these ultra-modern facilities, ICD-TKD, New Delhi, has developed into the largest multi-modal centre in the Indian sub-continent.

Special Secretary & Member (I.T. & Taxpayer services), Shri Sandeep Kumar, Shri Surjit Bhujbal, Chief Commissioner, Delhi Customs Zone along with other senior officers from ICD Tughlakabad, Parpargunj, Air Cargo Complex, Airport, Audit, Appeals and DG Systems graced the occasion.

A

Milaha New Service Connecting Far East, India And The Gulf Chennai

M

Port Wings News Network ilaha, Qatar’s maritime and logistics service provider, has announced the launch of a new express shipping service to connect China and Southeast Asia to India, Qatar and the Gulf region.

The new China-India Express (CIX) service is aimed at improving trade opportunities and enhancing connectivity between China, Singapore, Malaysia, Vietnam, India, Qatar, Oman, UAE, Kuwait and Iraq.

Milaha said this new product “was established to cater to the requirements of Milaha’s customers, while ensuring world-class transit

times, competitive freight rates, and timely delivery.”

The new shipping service will contribute to increasing the volumes handled by Hamad Port in Qatar, facilitating imports, exports and transshipment opportunities and accelerating the exchange of trade between the Far East, India and the Gulf, according to a statement.

Through launching this new express shipping service, Milaha noted it confirms its commitment to supporting businesses in Qatar and the region, as well as Qatar’s 2030 vision, aimed at developing and diversifying the economy, enhancing international trade connectivity and securing a sustainable supply chain.

6

Vessel Position at Terminals - (20.10.2021 To 27.10.2021)

Nov. 17th - 23rd, 2021 Issue

7

NSICT - Mumbai

CITPL - Chennai ETA

ETD

Service

Vessel Name

Voy

Agent/ Line

Calling Ports

ETA

ETD

Service

Vessel Name

18/11

19/11

TCXNEW

WIDE JULIET

05

ONE

Port Kelang(North port) – Singapore,Shangha

19/11

20/11

MIDAS

23/11

24/11

ADHOC

HAIAN MIND

20/11

SCM

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

19/11

21001

20/11

22/11

23/11

CI3

ATHENS BRIDGE

122

ONE

Port Kelang(North port) – Singapore,Shangha

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin

Voy

Agent/Line

Calling Ports

SPIL NISAKA

CCA

Nhava Sheva, Mundra, Port Qasim, Singapore

IPAK

MSC CAROLE

MSC

21/11

IIX

KASHAN

RIS

20/11

21/11

MWE

SEAGO ISTANBUL

MSK

21/11

22/11

MECL

MAERSK DETROIT

MSK

Nhava Sheva, Mundra, Port Qasim, Singapore

Colombo,Damietta Piraes Rotterdam, London

18/11

19/11

TUX

MV.OEL SHRAVAN

21178

TWF

COLOMBO, TUTICORIN, COLOMBO

22/11

23/11

CSC

SINGAPORE BRIDGE

SAA

19/11

20/11

BOX

MV.SMILEY LADY

21087S

OASIS SHIPPING

COLOMBO, TUTICORIN, COLOMBO

23/11

24/11

MESAWA

CMA CGM TAPRON

CCA

20/11

21/11

CTS

MV.FSL SINGAPORE

034AS

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

24/11

25/11

BLUENILE

MSK

21/11

22/11

TUX

MV.OEL SHRAVAN

21179

TWF

COLOMBO, TUTICORIN, COLOMBO

NORTHERN DEPENDENT

25/11

26/11

IEX

GULF BARAKAH

SBG

Colombo,Damietta Piraes Rotterdam, London

26/11

27/11

MIDAS

EM ASTORIA

CCA

Nhava Sheva, Mundra, Port Qasim, Singapore

26/11

27/11

IPAK

MSC ESTHI

MSC

27/11

28/11

MWE

SEAGO PIRAEUS

MSK

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

18/11

19/11

CIX

HYUNDAI SHANGHAI

132E

HMM

Jebel Ali, Mundra,Hazira,Nhava Sheva

19/11

20/11

TCX

WIDE JULIET

05W

ONE

Port Kelang(North port) – Singapore,Shangha

19/11

20/11

ADHOC

BLPL TRUST

2163

BLP

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

20/11

21/11

TCX

XIN QIN HUANG DAO

074E

CCO

Port Kelang(North port) – Singapore,Shangha

20/11

21/11

CIX

HYUNDAI COLOMBO

122E

HMM

Jebel Ali, Mundra,Hazira,Nhava Sheva

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

18Nov

19Nov

MDM

GREEN HOPE

32742E

WHL

Colombo

19Nov

20Nov

IEX

BUXCOAST

102W

OOCL

Colombo, Damietta Piraes Rotterdam, London

21Nov

22Nov

MDM

TRF KAYA

1743E

OAS

Colombo

22-

23-

CVK

MSC JANIS 3

SV139R

MSC

Nov

Nov

23Nov

24Nov

CHX

JOSEPHINE MAERSK

146W

MSK

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

24Nov

25Nov

CCG

SM NEYYAR

0028

SIM

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

24Nov

25Nov

FME

KMTC MUMBAI

2107E

KMT

Port Kelang(North port) – Singapore, Shanghai

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

19/11

20/11

ASX

18/11

19/11

24/11

Voy

Agent/Line

Calling Ports

GFS GISELLE

ASX

Jebel Ali, Mundra,Hazira,Nhava Sheva

CIX3

SEAMAX STRATFORD

OCL

Jebel Ali, Mundra,Hazira,Nhava Sheva

25/11

CWX

GSL VALERIE

GLD

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

23/11

24/11

MINA

NINGBO EXPRESS

HLI

Jebel Ali, Mundra,Hazira,Nhava Sheva

17/11

18/11

ADHOC10

APL FORIDA

CCA

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

17/11

18/11

ADHOC 5

GANTA BHUM

RCL

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

21/11

22/11

CWX

KOTA MEGAH

PIL

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

17/11

18/11

NMG

CAPE MORETON

SEC

Jebel Ali, Mundra,Hazira,Nhava Sheva

17/11

18/11

CIX3

BHUDTHI BHUM

RCL

Jebel Ali, Mundra,Hazira,Nhava Sheva

21/11

22/11

TIP

XPRESS BARDESY

SEC

Jebel Ali, Mundra,Hazira,Nhava Sheva

19/11

20/11

ADHOC3

WAN HAI 282

WHI

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

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.

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

Kakinada Container Terminal ETA

ETD

Service

Vessel Name

28/11

29/11

PRT>KAK>COK

SSL KUTCH

Voy

Agent/Line

Calling Ports

IMPERIAL

INHAL>INCOK>IMAA

12 Major Ports Cargo Volumes Grew 15% During April-October To 407 MMT New Delhi Port Wings News Network argo handled at India’s dozen Stateowned Major Ports rose 14.59 per cent throughout the April-October interval to 406.983 million tonnes (mt) from 355.160 mt a 12 months in the past.

In containers, the 12 main ports dealt with a mixed 6.421 million twenty-foot equal items (TEUs), 29.95 per cent greater than the 4.941 million TEUs dealt with throughout AprilSeptember of FY21.

Of this, Jawaharlal Nehru Port Authority (JNPA), India’s busiest State-run container gateway, dealt with 3.179 million TEUs from 2.348 million TEUs throughout the identical interval final 12 months, based on the Ministry of Ports, Transport and Waterways.

Chennai Port Authority dealt with 9,41,000 TEUs between April and October this 12 months from 6,92,000 TEUs in the identical interval final 12 months.

Kamarajar Port dealt with 2,73,000 TEUs from 69,000 TEUs final 12 months.

VO Chidambaranar Port Authority dealt with 4,63,000 TEUs from 4,11,000 TEUs a 12 months in the past, whereas Cochin Port

C

Authority dealt with 4,24,000 TEUs from 3,46,000 TEUs throughout the identical interval final 12 months.

Progress in shipments Thermal and steam coal shipments by the dozen ports rose 36.48 per cent to 56.251 mt throughout the seven months of FY22 from 41.216 mt a 12 months earlier, based on the ministry.

Coking coal and different coal cargo grew by 7.57 per cent to twenty-eight.222 mt from 26.235 mt a 12 months earlier.

POL cargo (crude, petroleum merchandise, LPG and LNG) rose 10.83 per cent between April and October to 123.002 mt from 110.980 mt final 12 months.

Shipments of iron ore together with pellets declined 19.87 per cent to 30.762 mt from 38.388 mt a 12 months earlier.

Completed fertiliser shipments plunged 33.14 per cent to 4.191 mt from 6.268 mt a 12 months in the past.

Deendayal Port Authority, India’s largest State-owned port by volumes, dealt with 73.998 mt of cargo between April and October from 62.926 mt final 12 months, posting a development of 17.60 per cent.

US Announces Port Action Plan

T

Chennai

Port Wings News Network he Biden-Harris administration on November 9 announced a port action plan, a set of concrete steps to accelerate investment in US ports, waterways and freight networks. The plan’s goals and timelines will mobilise federal agencies and lay the foundation for implementation of the recently approved $1.2trn Bipartisan Infrastructure Deal.

The action plan will increase federal flexibilities for port grants; accelerate port infrastructure grant awards; announce new construction projects for coastal navigation, inland waterways and land ports of entry; and launch the first round of expanded port infrastructure grants funded through the Bipartisan Infrastructure Deal.

This investment in ports and waterways is

designed to relieve supply chain congestion and strengthen long-term supply chain resiliency.

The Army Corps of Engineers will begin designating port and inland waterway projects where $4bn it allocates for their modernisation can be spent.

The Port of Savannah has revealed it will use money from a previous government grant to build a pop-up container terminal about 160 km inland to relieve its backlogs.

Over the next 45 days, the government will also allocate $240m from the Port Infrastructure Development Program grants to improve capacity nationwide.

President Biden spoke with the CEOs of Wal-Mart, Target, UPS and FedEx on Tuesday about how to relieve the supply chain challenges with new highs of boxships queuing off southern California.

Nov. 17th - 23rd, 2021 Issue

US Senator Proposes $125M In Grants To Reroute Container Ships Chennai

L

Port Wings News Network awmakers in both chambers of Congress have introduced legislation aimed at compensating vessel owners that want to divert ships from the U.S. West Coast to less-congested Gulf and East Coast ports, reports FreightWaves.

The Supply Chain Emergency Response Act, introduced this week

by Sen. Rick Scott, R-Fla., and Rep. Carlos Gimenez, R-Fla., redirects $125 million of unspent money from the CARES Act to help owners of vessels currently anchored off the U.S. West Coast to transit through the Panama Canal and dock at U.S. Gulf or East Coast ports instead.

Some vessels have been waiting at Los Angeles and Long Beach anchorages – which have been described by marine officials as “full” – over a month to berth.

In addition to helping vessel owners get compensated for costs associated with diverting their ships, Scott and Gimenez also see the legislation as a way to move more container business through Florida ports.

“We need to make Washington work for Florida families,” Scott said. “Fortunately, Florida’s ports are ready and able to help with this crisis and I hope all of my colleagues work with us to quickly pass this good and urgently needed bill.”

Gimenez said that Florida ports have “clamored for more cargo vessels to reroute from California” since ships began stacking up off the West Coast.

“Like Florida, several states in the Gulf and the Eastern Seaboard have both the port capacity and the logistical capabilities to ensure goods reach our shelves in a timely and efficient manner,” he said. “Getting these cargo vessels

to Florida and other Eastern states also alleviates the shipping container shortage, which has made it difficult for American producers – from our farmers and ranchers to our domestic manufacturers – to ship their goods and products abroad.”

Chinese vessel owners – which would include Cosco Group, one of the world’s largest container ship operators – need not apply for grants.

The legislation specifically bars

Western Seaboard of the United States and intends to reroute such cargo vessel from such port through the Panama Canal to a port along the Gulf of Mexico or the Eastern Seaboard of the United States.

2. Has an agreement to dock such cargo vessel at such port along the Gulf of Mexico or the Eastern Seaboard of the United States.

The bill also notes that any U.S. West Coast terminal operator “may

M

Port Wings News Network aritime and Port Authority of Singapore (MPA) and the Singapore Shipping Tripartite Resilience (SG-STAR) Fund launched the SeaVax programme, according to The Standard Club.

Singapore Shipping Association (SSA) collaborated with Port of Singapore Authority (PSA) and the Fullerton Health Group (FHG) in setting up a vaccination (SeaVax) centre in Singapore for seafarers.

The pilot programme was limited to seafarers who were in Singapore for more than 30 days or regularly called Singapore on vessels which were only working in the region.

The lukewarm reception to SeaVax by the industry after its launch called for a pressing industry engagement to gather feedback. The stringent requirements for seafarers to be eligible for the programme was the main concern which deterred many from signing up at SeaVax. In response, SSA led conversations with MPA and the multi-ministry taskforce (MTF) on how to improve the initial pilot programme to

NEWS - BITS Port of Long Beach container volumes down 2.1% to 789,716 TEU in October 2021

Limited capacity at marine terminals hampered imports at the Port of Long Beach last month, although volumes were still strong enough to mark the Port’s second-busiest October amid an ongoing transition to extended operating hours, according to the company’s release.

Dockworkers and terminal operators moved 789,716 twenty-foot equivalent units (TEUs), down 2.1% from the Port’s strongest October on record, achieved in 2020. Imports decreased 4.3% to 385,000 TEUs, while exports increased 6.6% to 122,214 TEUs. Empty containers moved through the Port declined 2.4% to 282,502 TEUs. The Port of Long Beach enacted a Congestion Dwell Fee on Nov. 1, charging ocean carriers for cargo containers that remain too long on the docks.

The program is aimed at speeding the flow of cargo containers moving through the San Pedro Bay ports complex and reducing a record number of vessels waiting off the Southern California coast. As of Nov. 10, there has been a 20% decrease in loaded import containers that have dwelled at the Port of Long Beach past their respective time limits. The Port of Los Angeles has adopted an identical measure.

Additionally, the Port continues to work with marine terminals and other supply chain partners to expand hours as part of a framework for 24-7 operations.

Consumer spending slightly lagged in early fall, but remains above prepandemic levels. Employment is rebounding more quickly than the periods following the dot-com bust and the Great Recession, with full jobs recovery anticipated by mid-2022.

Ruscon launched innovative way of handling grain cargo wagons

“any individual who is a member of the Chinese Communist Party or any company owned, in whole or in part, by the Chinese Communist Party” from receiving grant money.

According to a draft of the bill, the grant program would be set up by the secretary of Transportation – acting through the U.S. Maritime Administration (MarAd) – and would cover toll costs associated with rerouting vessels from the U.S. West Coast through the Panama Canal.

To receive a grant, eligible vessel owners would have to submit to MarAd documentation that the owner: 1. Had an agreement to dock a cargo vessel at a port along the

not collect port fees from a recipient of a grant … that has rerouted a cargo vessel from such marine terminal operator due to the inability of such marine terminal operator to receive such vessel.”

The stipulation barring Chinese owners comes against a backdrop of sentiment from both sides of the political aisle that China and other foreign vessel operators are abusing their market power over Asian imports into the U.S. by limiting the number of containers available for U.S. exports.

Last month Gimenez introduced legislation discouraging U.S. ports and terminal operators from buying Chinese container gantry cranes.

COVID-19 – Singapore launches SeaVax 2.0 Chennai

7

SeaVax 2.0.

With the approval from relevant government agencies, the changes to the operational flows and terms of eligibility of SeaVax 2.0 are as follows: 1. No changes to the Tanjong Pagar Terminal (TPT) vaccination centre 2. Sign-On Crew (open to crew joining vessel same day, or having a stay in dedicated holding facilities and joining vessel later) 3. Crew onboard vessels at PSA or Jurong Port (JP) terminals and vessels in Shipyards (regardless of no. of days inside shipyards) 4. Crew onboard vessels at anchorages 5. For point 3 and 4, only crew who are planning to be vaccinated will take ART tests before disembarking from vessel to get to the vaccination centre at TPT 6. Immigration & Checkpoints Authority (ICA) will issue special pass for crew to disembark, in order to get to the TPT vaccination centre 7. Ship owner/ manager/ agent to ensure that crew who requires visa have a valid visa before disembarking the vessel

8.

Current crew change procedures in terms of safe bubble transportation will be complied for crew going on land transport to TPT vaccination centre 9. Simplified process (online application) 10. Crew can receive vaccination (either 1st dose, 2nd dose, or 3rd dose as a booster dose) as long as the interval period between doses is met, and acknowledged on the application form with regards to the crew making this informed decision and its indemnity 11. Industry to submit/ provide forecasts for crew to be vaccinated for SSA to manage proper planning to optimise resource (timing to meet crew vaccination timeslots, mobilising vaccination teams, and drawing of vaccines) through the SEAVAX 2.0 feedback form linked below.

Participation in the vaccination programme is on voluntary basis.

There is no discrimination in regards to which country risk listing the ships are arriving from. Companies and seafarers will need to submit their applications, at least three (3) days before the crew arrives in Singapore.

Multimodal transport operator Ruscon, a part of Delo Group, launched a unique technology for transshipment of safflower transported in bulk from covered wagons into containers at the Ruscon-1 terminal in Novorossiysk. The new technology was developed and implemented by the Company’s specialists.

As a result, handling time for one wagon was reduced from 4 to 2.5 hours, Delo Group says in its press release.

This is a very important indicator for a terminal with annual throughput capacity of 45 thousand TEUs and simultanious storage capacity of 2.8 thousand TEUs. The high speed of operations and synchronization with port’s loading and unloading processes allow fast allocation of vacant spots for new cargo and acceleration of containers’ turnover.

“Grain cargo such as safflower traditionally has not been massively containerized, but recently we have seen a different trend - the clients increasingly began to choose this way of exporting it. So, the development and implementation of the technology for accelerating transshipment at the Ruscon-1 terminal was just a matter of time. Our objective is to provide fast, comprehensive, and high-quality service for our clients who entrusted us with transportation. In the nearest future, we plan to reduce handling time to two hours, which will further help us to increase the terminal’s throughput capacity and therefore to maximize the satisfaction of our customers’ needs”, – commented Igor Stolovitsky, Chief Executive Officer of Ruscon, on the launch of the new technology.

Delo Group is the largest transport and logistics holding in Russia, managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms.

Fugro’s first unmanned ship Blue Essence sails in Rotterdam

The Blue Essence is the first offshore certified unmanned ship (USV) that can launch an electrically remote-controlled underwater robot. During the operations, the ship and the underwater robot will be operated from a control room onshore via a satellite connection, according to the port of Rotterdam’s press release.

They will be deployed for the inspection of offshore constructions, in supporting building work and for carrying out hydrographic and geophysical research.

USVs play an important role in the future of the maritime sector because they lead to improved safety, lower CO2 emissions and a more efficient delivery of data. Thanks to the deployment of USVs, the deployment of personnel will be moved from the high-risk offshore environment to a control room onshore and the CO2 footprint will be reduced by 95%, compared to the traditional research methods. The more efficient delivery of research results will be achieved by means of cloud-based processing techniques and will enable faster and better informed decision-making.

Fugro is worldwide a leading Geo-data specialist and collects and analyses information about the earth and the structures built on it.

CUSTOMS EXCHANGE RATES Notification No.90/2021 (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 Nov. 2021

RATE (INR) Import Export 56.80 204.55 61.25 11.85 11.85 88.10 9.75 255.85 54.55 8.90 103.60 21.20 20.55 56.35 5.00 8.85 83.40 8.00 21.00 75.55 66.85 6.55

54.40 192.00 59.05 11.50 11.40 84.95 9.40 239.60 52.20 8.60 100.10 19.90 19.30 54.45 4.70 8.55 80.15 7.55 19.70 73.85 64.45 6.15

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

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

Date of Publication - Wednesday, Posted on Tuesday/Wednesday

8

UK Ports Demand A Level Playing Field When New Border Facilities Open Chennai

U

Port Wings News Network K ports fear being left at a competitive disadvantage following the introduction of full border checks for goods entering the UK from the EU next year, reports The Loadstar.

The reason is that government has yet to reveal its charges for customers using public facilities.

From 1 January, all goods entering the UK from Europe will be required to go through border control posts (BCPs) and, while most of these facilities have been left to ports to develop, government has taken charge of constructing and running certain core sites.

CEO of the British Ports Association (BPA) Richard Ballantyne told The Loadstar: “There’s a lot of frustration that government has not revealed charges for using public BCPs. “Ports need to know so that they can charge accordingly. If ports overcharge they will be left at a competitive disadvantage to the government facilities, and this would likely lead to certain routes being abandoned by shippers.”

However, a government spokesperson said: “We will set out our approach for services at the inland border facilities in due

course,” which has done little to quell the uncertainty and anxiety surrounding the introduction of full customs procedures.

Mr Ballantyne said he was not even sure that government sites

were operationally ready, which could present further problems for the port sector.

“If government BCPs are not ready on time, the expectation is the rules will have to be relaxed to ensure trade flows remain unhampered. Without relaxation, ports will be wary of letting goods in for fear of blockages,” he said.

“We expect a level playing field, so should this become the reality, the rules must be relaxed for privately run BCPs to avoid freight operators prioritising the path of least resistance.”

Last week, UK Major Ports Group CEO Tim Morris said despite having contractual commitments in place with ports, government had shifted deadlines, catching ports offguard, while the funding provided had “proved inadequate” leaving ports to foot a “circa £100m investment shortfall”.

T h e Downing S t r e e t spokesperson said the Ports Infrastructure Fund (PIF) had presented ports with the opportunity to bid for funds for BCPs and noted that, as this had been “heavily oversubscribed, … in the interests of fairness”, ministers took the decision to fund all eligible projects to a maximum of 66% of bids submitted, adding ports would “normally be expected” to cover all these costs.

The spokesperson told The Loadstar: “We made £200m available so ports could put facilities in place for customs and biosecurity checks on goods from the EU,” and added: “No additional government funding is available for port infrastructure.”

Nov. 17th - 23rd, 2021 Issue

Korean Shipyards Climb Back To The Peak In Global Order Book In October Chennai

S

Port Wings News Network outh Korea bounced back to No.1 position in global ship orders in October on the surging global trade volume, according to Puls.

Korean shipyards brought home the largest 1.12 million compensated gross tonnages (CGT), or 52 percent of the total 2.13 million CGTs in new global ship orders last month, according to Clarkson Research Services on Tuesday. China ranked second with 810,000 CGTs in new orders.

Global ship orders from January to October jumped 162 percent from the same period last year to 40.99 million CGTs, reaching the highest level since 2013.

China secured the largest cumulative orders of 19.93 million CGTs over the past 10 months, followed by Korea 15.79 million CGT and Japan 3.71 million CGTs. Orders for large-sized container vessels increased sharply due to the rapid growth in international trade.

Orders for very large container ships – 120,000 twenty-foot equivalent unit (TEU) or larger container ships – soared 804 percent on year from Jan-Oct to 11.09 CGTs. Orders for

liquefied natural gas (LNG) carriers grew 99 percent to 4.76 million CGTs and bulk carriers 213 percent to 2.34 million CGTs. Global order backlog reached 89.03 million CGTs in October, up 280,000 CGTs from the previous month. Order backlog for Korean shipyards amounted to 28.82 million CGTs, hitting a five year-high after rising at the fastest pace from the previous month. China came first with 36.33 million CGTs in order backlog and Japan came third with 9.44 million CGTs. Clarkson Newbuilding Price Index, which shows price changes in newly built ships, stood at 152.28 in October, up 3 points from September. It surpassed 150 for the first time in 12 years since June 2009. It has gained more than 20 percent from January this year.

Prices of all types of ships rose last month. The price of 174,000-cubicmeter LNG vessels grew to $203 million, after surpassing the $200 million level for the first time in five years in September. The price of 22,000-24,000 TEU container ships reached $183.5 million, very large crude carrier (VLCC) $108 million, S-max oil tankers $74.5 million and A-max crude tankers $59 million.

K.S.R.FreigHt ForWarDers (P) LtD. Corporate Office: CHennai: No.48/39, Rajaji Salai, Wavoo Mansion, 6th Floor, Parrys, Chennai - 600001.

Tel: +91 (44) 25243623-28 Fax: +91 (44) 25243629 E-mail: admin@ksrindia.net branches

tuticorin 5A/180A, Caldwell Colony, 2nd West Street, Tuticorin-628 008 Tel: 0461-2375842 Telefax: 0461-2375842 Mob: +91 98430 34511 Email: kskanthan@ksrinidia.net mumbai No.220, NBC Complex, Plot No.43, Sector-11 CBD Belapur (West), Navi Mumbai - 400614. India. Tel: +91 (22) 27564120/30 E-mail: sarika@ksrindia.net visakhapatnam No. 31-38-17, Rajiv Nagar, Rasalama Colony, Duvvada, Visakhapatnam - 530 046. Tel: +91 (891)2574990 / 2705072 Mob: +91 90003 33475 E-mail: giribabu@ksrindia.net hyderabad H/No. 23-178, 1st Floor, Madhura Nagar, Shamshabad, Airport Road, Hyderabad - 501 218.

Tel: +91 0 80083 33428 E-mail: sreekumar@ksrindia.net Bengaluru 77/10, Maranayakanahalli, Chikajala Village and post, Bangalore - 562 157.Mob: +91 77609 80009 Email: anand@ksrindia.net, baiju@ksrindia.net new delhi Plot #100, Khasra # 625, Ground Floor, Nr. Tata Telco Warehouse, B/s. Blue Bird School, Rangpuri Extension, New Delhi-110037,India Tel: +91 (11) 65052500 Mobile :+ 91 9810579023

kandla / mundra Plot No. 84,Sector No.8, Mani Complex, Ground Floor, Office No.2, Gandhidham (Kutch) Pin.-370201, Gujarat, India.

Tel: +91 (2836) 229279 Cell : +91 9099945758 Email:Mundra@Ksrindia.net kolkata 22, Lake Place, 2nd Floor, Kolkata - 700029. Tel: 91+(33) 40614134 Mob: +91 9038011590 E-mail: kolkata@ksrindia.net Gudur No: 12/74 Ankamma Street, Gamallapalem, Gudur-524101.

Tel No: 08624 221500 Mob: +91 80086 66691 Petrapole Jatindra Bhavan, Petrapole, Land Phone-(03215)-245087.

Ctc – Sujay Neogi – +91 9073365079 & +91 9153146072 Subha - +91 8348608738 Email: cs.ccu@ksrindia.net Bhopal Flat No. Tf - 8, Nanksh Tower, Ward No.1, Depa Nagar, Mandideep, Bhopal - 462046 TIRUPUR #19/171, Stanes Road, Third Street, Odakkadu, Tirupur - 641 602 Mobile : +91 89396 54353 Cochin Voltas Building, Door No.XXIV/1375, Plot No.37 & 38, 1st Floor, Venkataraman Road, Willington Island, Kochi 682 003 Mobile: 08008333428 Email: sreekumar@ligilogistics.com

OUR SERVICES • AutHoriseD ECONOMIC OPERATOR • CUSTOMS BROKER • FREIGHT FORWARDER • FLEET OPERATOR • SUPPLY CHAIN MANAGEMENT

• WAREHOUSING • VALUE ADDED EXPORT SERVICES • 3 PL SERVICES • VESSEL CHARTERING • VESSEL HANDLING • TURNKEY PROJECT

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

Website: www.ksrindia.net

Web: www.hindussthan.in

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