Port Wings Maritime Exim Weekly Newspaper 25 Aug 2021

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

Wednesday, August 25, 2021

8 Pages

Seafarers Covid Relief Fund Hits Us$1 Million Target Chennai

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Port Wings News Network he Seafarers International Relief Fund (SIRF) has reached its goal of raising US$1 million to provide vital relief for seafarers and their families affected by COVID. The target was reached thanks to a substantial donation from NYK Line, plus many other personal and corporate donors, including most recently the TK Foundation.

The total raised by SIRF currently stands at US$1.17 million. Further donations are very welcome and will enable SIRF to extend its crisis welfare response to the COVID pandemic.

The SIRF appeal was launched in May this year when the catastrophic scale of the latest wave of the pandemic in India became clear.

Several leading seafarer welfare charities, including The Seafarers’ Charity, The Mission to Seafarers, ISWAN, Sailors’ Society and Stella Maris, as well as other shipping industry players, came together

to explore ways to deliver urgent support to seafarers and their families. Together, they rapidly formed SIRF as an emergency relief initiative to raise funds to deliver rapid assistance, initially in India and with the potential to expand to

other countries.

In less than three months, SIRF has raised more than US$1 million, all of which goes towards supporting seafarers and their families from the threat of COVID. The latest SIRF grants include funding for Stella Maris to provide food parcels to more than 1,000 seafaring families in Kochi, Kerala, plus funding for

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Chennai

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Port Wings News Network P World Limited on 19 August announced strong financial results for the six months to 30 June 2021 with EBITDA growing 18.2% year-onyear.

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said: “We are delighted with the strong set of first half results with adjusted E B I T D A g r o w i n g 18.2% and attributable earnings rising 51.9%. This significant growth once again demonstrates that we are in the right locations and a focus on origin and destination cargo will continue to deliver the right balance

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between growth and resilience.”

Sultan Ahmed Bin Sulayem stated: “In recent years we have seen cargo owners respond positively to our integrated end-to-end product offering and we aim to continue with our drive to enable trade. Our recently File Photo announced acquisitions of Imperial Logistics a n d syncreon b r i n g value-add capabilities in high g r o w t h verticals a n d markets, which will allow us to offer a more compelling set of supply chain solutions. By leveraging our best-in-class infrastructure across inland logistics, ports & terminals, economic zones and marine logistics network, DP World aims to lower inefficiencies and provide improved connectivity in fast growing trade lanes such as Asia, Middle East & Africa.”

Sultan Ahmed Bin Sulayem stated: “Importantly, we continue Contd. on page -2

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DP WORLD Reports Strong 1H2021 Financial Results

support workers to deliver postCOVID medical care, counselling, and therapy, including specialist care for children.

Speaking on behalf of SIRF, Catherine Spencer, Chief Executive of The Seafarers’ Charity, commented: File Photo “We are thrilled to have exceeded our target of US$1 million.

This was an ambitious goal, but one that reflected the catastrophic impact of the pandemic, particularly in India, where many seafaring communities have been badly affected, through lives lost and severe health impacts, as well as the personal costs for the livelihoods of seafarers. To have reached this goal in less than three months is a wonderful testament to shipping’s

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Aug. 25th - 31st, 2021 Issue

Seafarers Covid Relief Fund Hits...

Continued from page -1

Wednesday, August 25, 2021

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The Knock-On Effects

rom Shanghai to Hong Kong to Xiamen, ships are in long queues to unload – and the diversions from Ningbo will be making this worse. The US west coast is also seeing bad congestion, with many ships anchored in California’s San Pedro Bay, awaiting access to the ports of Los Angeles and Long Beach.

This has driven the cost of shipping rates for containers through the roof in recent weeks.

The Ningbo-Meishan terminal, which handles about one fifth of the port’s total volumes, has been closed for a week after a member of staff tested positive for COVID. With still no word of a reopening, many more ships have diverted to alternative ports.

Unfortunately, this is the tip of the iceberg in shipping. China has eight of the top ten busiest ports in world, and they are running at well below normal capacity because of COVID restrictions.

The cost of moving a 40-foot container from China to Europe is currently running at around US$14,000 (£12,000), about ten times what it would normally be. So how long will this continue, and what will be the knock-on effects?

This situation is noticeably different to 2020. COVID restrictions had weakened the cargo-handling capacity of ports then as well, but it was less of an issue because global demand for consumer products was so much lower earlier in the pandemic. Now that many countries have vaccinated large numbers of people and their economies are reopening, demand has bounced back with a vengeance, and ports are not coping well.

On top of that have been other problems, not least the Suez Canal blockage in March.

With ships stuck for a week after the huge Ever Given container ship got stranded, they were under more pressure than usual to return to Asia after they finally reached their destinations in Europe and the Americas. As a result, many didn’t wait to be fully loaded with empty containers.

This contributed to a lack of shipping containers in Asia, which was already becoming an issue because of ships not always calling in at their usual ports during the pandemic because demand was much lower than normal.

Continued from page -1 global community. All our donors, big and small, have mobilised in support of seafarers and every dollar has helped to deliver urgent, lifesaving support to those most in need.

“We would also like to express our deep gratitude to NYK Line for its substantial donation, which is a wonderful expression of its support and solidarity for the world’s seafarers. It is no exaggeration to say that thanks to NYK Line and our other donors, including the TK Foundation, lives will be saved.”

Tomoyuki Koyama, Senior Managing Executive Officer, NYK Line, commented: “We are excited to hear that SIRF has exceeded its goal of raising $1 million in a span of only a few months to aid seafarers and their families during the COVID pandemic.

This effort truly exemplifies the solidarity of the industry. Although our activity may have been small considering the impact that the pandemic has had on seafarers, we believe that all stakeholders within the international shipping industry should stand hand in hand with our seafarers, essential workers who are vitally needed to keep the worldwide supply chain in operation.”

Susie Karlshoej, Managing Director of the TK Foundation, said:

The upshot is that containers have become more expensive, which has forced shipping companies to charge higher freight rates to cover the cost.

At the same time, weather has caused problems over the summer. Both the southern Chinese port of Yangtian and part of the port of Shanghai have spent periods closed in recent weeks because of typhoon alerts. The backlog has also been worsened by major importers baulking at the shipping costs and chartering their own ships instead. Home Depot, the big US home improvement retailer, did this in June for instance.

There has actually been a slight decrease in shipping rates in the past ten days, which has seen the Freightos Baltic Index fall from US$10,380 to US$9,568 per 20-foot container. But this is nothing to get excited about.

It broadly reflects the fact that the price of shipping goods from China to the US has come down after many ships diverted to that route to make the most of the high prices.

Other routes, such as China to Europe and Europe to the Americas, are still mostly going up in price.

As to whether this will continue, it is extremely difficult to say. Some freight companies have ordered new container ships to help address the shortage, but these vessels take two or three years to build so that is not going to make any difference in the short term.

What matters is future COVID outbreaks and to what extent China and other major port nations have to impose tough regulations to protect their populations. Perhaps we will be lucky and the situation will steadily improve from here, or perhaps this mismatch between supply and demand will endure for several years.

In the meantime, we can expect inflation to rise as importers pass on the costs of shipping to customers. Given that governments and central bankers were already worried about rising inflation for various other reasons, they could do without this extra dimension.

If the problem with shipping rates looks like enduring, it is also likely to feed into boardroom discussions about whether it is wise to rely so heavily on China as the manufacturing hub of the world.

With relations between China and the west already at a low, and much talk of globalisation giving way to regionalisation, many are already arguing that they should make more consumer goods closer to home – “nearshoring”, as it is known in the trade.

But more imminently, one big issue will be putting the fear of God into retailers: Christmas. AllSample those ships that diverted from their usual China-Europe route to help serve TEXT the US are cutting it fine to get back to China in time to restock.

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The crossing takes about 45 days, and they need to then leave China by about midOctober to make the 35-day crossing to get goods to Europe in time for December. If there is still congestion at the Chinese ports by October, this may not be possible.

The longer that this shipping crisis continues, the more that Christmas will be in trouble.

It could become a huge news story in the weeks ahead as everyone looks forward to a “normal” festive season and many retailers desperately need a strong Christmas 2021 to help make up for what they lost from COVID restrictions.

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“The funds raised will continue to support our work in India, where thanks to our delivery partners, we have been able to respond rapidly to the needs of those at risk. This has included funding for oxygenators, COVID care kits, food aid, and post-COVID support, as well as supporting a vaccination drive for seafarers. However, the pandemic is far from over, and the situation remains bleak in many nations.

SIRF is looking at what we can do to help support seafarers in other countries, but this relies on your help. The SIRF appeal remains open for donations and we continue to ask you to dig deep in support.”

The SIRF Fund is administered and overseen by The Seafarers’ Charity (formerly Seafarers UK), a grant funder with well-established governance mechanisms and processes for monitoring and evaluation to ensure efficiency and transparency. 100% of the SIRF donations will help seafarers and their families affected by COVID. SIRF continues to welcome support from individual or corporate donors. To donate please visit https://donate.theseafarerscharity. org/sirf. Alternatively, email keziah. cunningham@theseafarerscharity. org or call +44 (0) 20 7932 0000.

DP WORLD Reports Strong 1H2021...

Continued from page -1

Continued from page -1 to make positive progress with our capital recycling program and this combined with the strong operational performance, leaves us well positioned to deliver on our 2022 combined (DP World and PFZW) leverage target of less than 4x Net Debt to adjusted EBITDA (Pre IFRS16).”

“Overall, the near-term outlook remains positive, and while we are mindful that the Covid-19 pandemic and geopolitical uncertainty could once-again disrupt the global economic recovery, we remain positive on the medium to long-term fundamentals of the industry and DP Worlds ability to continue to deliver sustainable returns,” concluded Sultan Ahmed Bin Sulayem.

Results Highlights Revenue of $4,945 million (Revenue growth of 21.3% on reported basis) Revenue growth of 21.3% supported by acquisitions and strong growth in India, Australia, and UK. Like-for-like revenue increased by 9.0%.

Adjusted EBITDA of $1,813 million and adjusted EBITDA

margin of 36.7% Adjusted EBITDA increased 18.2%, and EBITDA margin for the half-year stood at 36.7%. Like-for-like adjusted EBITDA margin of 38.5%.

Profit for the period attributable to owners of the Company increased to $475 million Profit attributable to owners of the Company before separately disclosed items increased 51.9% on reported basis and 39.4% on a like-for-like basis Robust Cash Generation Cash from operating activities remains strong at $1,490 million in 1H2021 compared to $1,124 million in 1H2020.

Leverage (Net debt to annualised adjusted EBITDA) decreased to 3.5 times (Pre-IFRS16) from 3.7 times at FY2020. On a post-IFRS16 basis, net leverage stands at 4.0 times compared to 4.3 times at FY2020.

DP World credit rating remains investment grade at BBB- with Stable Outlook by Fitch and Baa3 with Stable Outlook by Moody’s.

Selective Investment in Key Growth Markets Capital expenditure of $687 million invested across the existing portfolio during the first half of the year.

Capital expenditure guidance for 2021 is for approximately $1.2 billion with investments planned into UAE, Canada, Jeddah (Saudi Arabia), Berbera (Somaliland), Sokhna (Egypt), Luanda (Angola), P&O Ferries, London Gateway (UK) and Callao (Peru).

Acquisitions to bring valueadd capabilities, exposure to high growth markets and long-term relationship with cargo owners Announced acquisitions of syncreon and Imperial Logistics.

Acquisitions bring value-add capabilities in fast growing markets and verticals.

Adds long-term relationship with cargo owners.

Strong 1H2021 Performance, Near Term Outlook Positive Portfolio has delivered strong performance in 1H2021 on higher consumer spend and rebound in global trade.

Near term outlook remains positive but we expect growth rates to moderate.

DPW focused on delivering integrated supply chain solutions to cargo owners to drive growth and returns.

Port Of Gothenburg Freight Flows Rise Despite Global Disruptions

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

“In response to the unfolding crises for seafarers in India during the latest wave of COVID-19, the TK Foundation is pleased to have made a grant to the Seafarers International Relief Fund to support a number of projects supporting seafarers and their families in India. This grant is in line with the TK Foundation’s mission to fulfil the legacy of J. Torben Karlshoej by supporting the welfare needs of seafarers worldwide and we are proud to support seafarers in India with a grant to the SIRF at this time.”

SIRF wishes to express its sincere thanks for all the corporate and personal donations that have been received in recent weeks, including those from GasLog, ADNOC Logistics & Services, Bureau Veritas and Denholm Group.

Further donations welcome Although the COVID situation in India is stabilising, many other parts of the world are suffering from further waves of infection, including other seafaring nations, such as Indonesia, South Africa, and the Philippines. SIRF is looking at how it can extend its support to seafaring communities in other countries and, as Catherine explains, it remains grateful for further donations to fund its vital work:

New Delhi Port Wings News Network reight volumes continued to rise at the Port of Gothenburg during the first six months of the year, reaching their highest during the second quarter. This was despite major disruptions in global freight flows in the wake of the Covid-19 pandemic and the subsequent impact on logistics systems.

The vast majority of Swedish foreign trade takes place by sea.

In the case of trade with countries outside Europe, freight is generally

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transported by container ship. At the Port of Gothenburg, the largest port in Scandinavia, 411,000 containers were handled during the first half of 2021 – an increase of 2%.

Containerised freight movements to and from the port are taking place increasingly by rail and this trend seems set to continue. This is due largely to growth in traffic on new routes and the addition of new rail destinations in the spring. During the first half of the year, the increase in rail-borne container freight rose by 11% and by 19% in Q2. During the second quarter, the proportion of rail-borne container freight to

and from the port was 70%, which is a record and possibly the highest ever figure reported by a major international port.

“This is an exceptional outcome, putting us firmly at the forefront internationally. It is a tangible endorsement of our highly efficient rail concept, which is proving extremely popular among freight owners and something we will continue to develop. The more freight we manage to switch from road to rail, the better it is for our climate,” said Elvir Dzanic, Gothenburg Port Authority chief executive.

Aug. 25th - 31st, 2021 Issue

Economic Recovery In Rich Nations Will Be ‘Very Robust’ Despite Delta Variant Chennai

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Port Wings News Network oldman Sachs on Thursday cut its GDP forecast for the U.S., warning of continued supply chain disruption and heightened inflation caused by the COVID-19 delta variant, reports Yahoo!Finance But the bank still anticipates robust 6% growth for the U.S. economy this year.

The world’s richest countries boast relatively high rates of vaccination that ensure strong economic growth, despite a wave of infections brought about by the delta variant, Ian Bremmer, Eurasia Group founder and political scientist, tells Yahoo Finance in a new interview.

Poor countries, however, will see the variant derail their return to normal economic activity, pushing them further behind their wealthy counterparts, he added.

“Ultimately, I think the economic rebound in the developed world is going to continue to be very robust,” Bremmer said.

The eurozone last month beat estimates when it reported 2% growth in the second quarter, propelled by a relaxation of COVID-19 restrictions. This week, Japan reported its economy grew at a 1.3% annual rate last quarter — a sharp turnaround from the 0.9% contraction in the prior quarter.

The strong economic performance in wealthy countries

owes largely to their relatively high rates of vaccination, Bremmer said. High and upper-middleincome countries have administered 83% of COVID-19 vaccine shots worldwide, while poor countries have injected only 0.3% of doses, according to the New York Times.

“The real problem here is a lack of interest and support in getting vaccines out to the poor countries in the world, and that means that they’re going to get hit a lot worse economically,” Bremmer says.

“The gap between rich and poor nations on the back of COVID is only growing,” he said.

Roughly 199.3 million people in the U.S. have received at least one dose of the COVID-19 vaccine, and about 72.3% of adults have received at least one shot, the Centers for Disease Control and Prevention said on Wednesday.

While the CDC last month reinstated an indoor mask-wearing mandate, the U.S. has largely avoided the type of business shutdowns that hampered economic performance last year.

But recent data suggests the effectiveness of vaccines in preventing COIVD-19 infection may be waning. An examination of early data from six states showed that vaccinated people made up at least one in five newly diagnosed cases of the virus, the New York Times reported. The vaccines remain highly effective in preventing hospitalization and

death, the figures showed.

“The United States has by far the best position in terms of vaccines,” Bremmer said. “That doesn’t mean that we are able to get everyone to take them. But still, we stockpiled a bunch of them early.”

“I think that makes a big difference, and that has helped the United States have a more robust recovery than a lot of other places in the world,” he added.

Bremmer, who founded the Eurasia Group in 1998, is the author of 10 books, including “Us vs Them: The Failure of Globalism.”

His forthcoming book is “The Crises We Need: How to Confront the Three Greatest Dangers of Our Time,” which publishes in April.

Bremmer contrasted the persistent economic activity in the U.S. with a targeted slowdown in China; last month the government imposed a lockdown for millions in the eastern city of Nanjing, where an outbreak showed 200 cases.

Furthermore, last week, China shut down the world’s third-busiest port as a precautionary measure after the identification of a COVID-19 case on site.

“They have zero tolerance for cases, so they lock everything down,” Bremmer says. “In part, that’s the authoritarian Chinese system and risk aversion. But in part, that’s because Chinese vaccines really don’t work well against delta.” “So, I mean, you’ve got a real problem,” he adds.

Global Economy To Grow 5.3 Pc In 2021, Says D&B Report Chennai

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Port Wings News Network he global economy will rebound strongly in 2021 at 5.3 per cent following the sharp Covid-19-induced contraction of 3.8 per cent in 2020. The growth will be even stronger than the recovery in 2011 after the global financial crash, said Dun and Bradstreet (D&B) India’s Country Risk and the Global Outlook report, reports United News of India.

“Consumer and business sentiment indicators have recovered in countries with advanced vaccination programmes, and economic prospects are diverging sharply along the lines of vaccination rates and fiscal policy capacity,” said the research and advisory firm’s Global Chief Economist Arun Singh.

The report said that the divergence in vaccination programmes between advanced and emerging economies is reflecting in similarly diverging growth prospects.

While 40 per cent of the population in advanced countries has been fully vaccinated, the vaccination coverage is just 11 per cent in emerging economies.

Despite the strong growth seen in recent quarters, Dun and Bradstreet is concerned that the withdrawal

Mumbai

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Port Wings News Network CU Worldwide, a global multi-modal logistics major and the world’s leading player in Less-than Container Load (LCL) ocean freight consolidation, on 23 August announced the appointment of Clas Thorell as the Global Head for LCL Product & Yield Management. Clas will focus on digitizing partner freight forwarders’ experience by delivering 24x7 access to bookings and real-time tracking and build a stronger network of Small and Medium Enterprises (SMEs), and E-commerce companies globally. He will be based in the Hong Kong office.

Bolstered by the transformation initiatives focused on digitization, ECU Worldwide’s proprietary ECU360 platform will help to deliver doorto-door logistics support costeffectively to freight forwarders as well as SMEs and unlock global growth opportunities. ECU Worldwide’s recent acquisition of a majority stake in Nordicon, a Swedish logistics company, to expand its LCL presence in the Nordics region and in Europe gives them a strategic advantage to leverage an all-new rail freight proposition that starts from China to

Europe.

As the Product Management Head, Clas will lead the efforts to build a competitive advantage for ECU’s LCL portfolio, a central element in the growth strategy of the company. Known as a strong operating and product management

leader who builds teams around a clear strategy, Clas has over two decades of experience in the Ocean freight-LCL business leading growth turnarounds of several businesses throughout his career.

Tim Tudor, CEO ECU Worldwide, said, “We have made great strides in our transformation journey through digital innovations to drive leadership, I am confident that the company has the right strategy to guide our LCL business future and the addition of Clas to our leadership team is yet another

strategic step in this direction. With the global experience that Clas brings and his strategic leadership capabilities in the Ocean freightLCL business, we will see further growth in this high margin segment and continue to drive our digital aspirations.”

Clas Thorell, Global Head – LCL Product & Yield Management, said, “It is a transformative time for ocean freight with the disruptions and rapidly changing dynamics within the sector. I look forward to working with the able team at ECU Worldwide by being part of global innovations and driving growth strategies within the LCL segment. I am excited to be part of this agile and growth-oriented organization that is redefining standards in the global logistics through digitization, strengthening customer focus, and continuously expanding its multi-modal logistics proposition.”

As a veteran of the ocean freight business with international experience, Clas brings prior experience leading the LCL business for DHL in the Asia Pacific region. Clas has led Panalpina’s Ocean freight-LCL business for over a decade, being responsible for managing global teams involving product innovations and customer service.

of fiscal and monetary supports – including of furlough schemes (which will see household spending curtailed) – will start putting pressure on business’ cash flows and balance sheets among vulnerable small and medium enterprises (SMEs), even in economies that have secured hope of relief from the coronavirus.

After the lull in bankruptcies in 2020, this will lead to a deterioration in payments performance and an increase in bankruptcies in many of the vulnerable SME sectors, with services sector bankruptcies in the US already having hit 2019 totals for 2021 by May, according to Dun & Bradstreet.

“In price-adjusted terms, domestic demand, a way to gauge economic activity without the addition from exports, leapt 13.8 per cent year-over-year (y/y) in the US, 20.4 per cent y/y in Spain, and 8.9 per cent y/y in Hong Kong in Q2 2021. However, the average y/y growth taken over the two past years was still weaker than the prepandemic trend in all cases,” it said.

The report noted that only in a very few economies has the boost from international trade in goods in high demand during the pandemic allowed output to exceed likely prepandemic trends, and then only in manufacturing.

FIEO Welcomes Stakeholders Discussion With CIM On Measures To Boost Exports Chennai

ECU Worldwide Appoints Clas Thorell To Accelerate Global Cross Border Trade

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Port Wings News Network elcoming the Hon’ble Commerce & Industry and Textiles Minister’s initiative of meeting and discussing issues and measures to boost exports with the trade and industry, FIEO President, Dr A Sakthivel said that various initiatives to facilitate exports have resulted in spectacular growth from March, 2021 onwards.

The support given to apparel and made-ups through the RoSCTL scheme and to other sectors through the RoDTEP scheme will keep us on a growth momentum.

Deliberating on the key issues and challenges related to the exports sector at the meeting, FIEO Chief said that Interest Equalisation Scheme may be extended beyond 30th September, 2021, providing a longer time frame preferably for 3 years for the exporting community.

On the issue of RoDTEP, Dr Sakthivel added that exclusion of important sectors such as Articles of Iron & Steel, Iron & Steel, Organic & Inorganic chemicals and Pharmaceuticals has given a jolt to such exporters. During his intervention, FIEO President also urged the Commerce and Industry Minister that the RoDTEP benefits for SEZs, EOUs, Advance Authorization may also be fixed quickly so that these units can start getting the benefit of the RoDTEP. On the issue with regard to the lower rate, FIEO has also asked the trade and industry from various sectors to provide more comprehensive and updated data and upon receipt of the same, which will be submitted to the committee for suitable revision in the rate, besides providing for monthly review of the rates, till the

same stabilizes with a provision for annual revision as envisaged in the Scheme.

Besides these several key issues were also taken up during the meeting with the Minister, which included balancing exports of raw material with provision of more of value addition to the same. Extension in export obligation period under advance license and EPCG may also be extended till 31st March, 2022, which can help in further giving push to exports, added Dr Sakthivel.

On the issue of freight support, FIEO President said that it may be extended to exporters for 6 months or so to tide over the present crisis.

FTAs with key trading partners like UK, EU, Australia, UAE & Israel are pivotal for the growth of exports and should be given due importance for its early conclusion, reiterated Dr Sakthivel.

On the banking front, FIEO Chief said that credit availability during these challenging times has been one of the key concerns for exporters, which also should be looked into.

The restrictions on maintenance of current accounts in more than one bank may be withdrawn for exporters, who are having standard accounts added FIEO. Addressing the meeting, the Commerce & Industry and Textiles once again reposed faith in the exporting community and said that he was confident of reaching the target of US$ 400 billion for the fiscal. The Minister and senior officials of the government took note of the various issues and suggestions given by the trade and industry and assured them to continue to address them suitably, in line with the Government’s goal of boosting exports and the economy.

Aug. 25th - 31st, 2021 Issue

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LogiNext Reports Enrolment in Grocery Delivery Subscriptions up 55% in 2021 Mumbai

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Port Wings News Network ubscription models have been in vogue across industries in the past few years. Be it software subscription or food & grocery delivery subscription, the pandemic has dramatically shifted consumer behavior. LogiNext, a global delivery management technology firm that works with some of the largest F&B retailers and QSR chains has reported a surge in all types of end customer subscription programs by 4555% since March 2020. A survey conducted among consumers of 100+ enterprises across 20 countries in the Americas, APAC, MENA and Europe also suggested that more than 40% of consumers are interested in subscription offers from their favorite brands.

Working with major chains and outlets like Starbucks, Burger King, KFC, and McDonald’s, LogiNext has been helping brands undergo a digital transformation journey and improve the end customer experience. Ever since the pandemic struck, online deliveries have helped keep people home and safe. Buying behavior has shifted majorly towards buying online as eCommerce accelerated 5-7 years.

One of the major trends within this rise has been the acceptance and

growth of subscription services.

“A lot of our clients in the Retail and F&B industries introduced subscription programs for groceries and meal kits with the LogiNext MILE platform and we’ve seen a great response from customers.

These programs bring convenience and savings for the customer and help brands get assured business and customer loyalty,” says Dhruvil Sanghvi, Chief Executive Officer, LogiNext.

Overall, the global online food delivery services market is expected to grow from $115.07 billion in 2020 to $126.91 billion in 2021. The market is expected to reach $192.16 billion in 2025 at a CAGR of 11%. “From the millions of orders that LogiNext MILE platform handles every month, about 10% are subscription orders which are automated on the platform. This number has almost doubled since the pandemic and is expected to rise further owing to the convenience of the subscription model,” says Dinesh Dixit, VP of Client Excellence at LogiNext.

Subscriptions have been an age-old model across the world in different ways but they came back to the fore after the pandemic. A lot of people signed up for subscriptions from their favorite restaurants to keep them going and signing up for

grocery items that one uses regularly is a no-brainer. Subscriptions help consumers save on money and time and helps a brand retain customers and assured cash flow. As we move ahead, LogiNext is working with brands to come up with innovative subscription models with the help of a modern user experience to help serve the end customer better.

LogiNext is a global technology and automation company with a focus on the transportation, home deliveries, omni-channel fulfillment and B2B distribution market. Growing at an average rate of 100% YoY, LogiNext has helped its clients optimize and automate order scheduling, customer communication, routing, dispatching, and real-time tracking to reduce logistics costs and achieve operational excellence.

A SaaS product configurable for CEP (Courier, Express and Parcel), QSR chains, Retail & eCommerce, and Transportation, LogiNext has more than 200 clients across 50+ countries. Headquartered in New York, LogiNext is backed with $50 million across three rounds of private equity investments made by Alibaba group of companies, Tiger Global Management and Steadview Capital. It has regional offices in Dubai, Mumbai, Delhi, Kuala Lumpur and Jakarta.

RoDTEP Scheme Will Boost Export Growth In Leather And Footwear Sector: CLE New Delhi Port Wings News Network “The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme announced today by the Government w.e.f. January 1, 2021 will boost export growth in leather and footwear sector “ said Sanjay Leekha, Chairman, Council for Leather Exports.

Shri Leekha said “We thank the Hon’ble Prime Minister Shri Narendra Modi ji; Hon’ble Union Minister for Commerce and

Industry Shri Piyush Goyal ji and Hon’ble Union Minister of Finance Smt. Nirmala Sitharaman ji for their support to the export sector. Exports from the leather and footwear sector has achieved 83.74% growth during April – July 2021 when compared to same period last year. i.e. from USD 793.05 million in April – July 2020 to USD 1457.19 million in April – July 2021. A target of USD 5888 million has been set for leather & leather manufactures for the current year 2021-22. Going by the current export trends, our industry is

confident of achieving this target”.

Shri Leekha added “ At a time when India is viewed as a favourite sourcing destination, thanks to the initiatives and support measures of the Government, the implementation of RoDTEP Scheme will further enhance our price competitiveness and provide fillip to the exports and employment generation. The leather and footwear industry will strive hard to achieve the export target this year and maintain the growth momentum in the coming years too”.

Asia Extends Lockdowns, Adds Curbs To Fight Surge In Delta Infections Chennai

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Port Wings News Network ations from Australia to Vietnam announced more drastic curbs and longer lockdowns for citizens on Friday, as authorities struggle to rein in outbreaks of the highly infectious Delta variant of the coronavirus, according to Reuters.

In Australia’s biggest city of Sydney, 2 million residents, or roughly 40% of its population, face curfew from 9 p.m. to 5 a.m. next week, along with limits on exercise.

A lockdown of the entire city, now in its eighth week, was also extended until the end of September, with residents told to wear masks outdoors, except for exercise.

“I asked health and police to work together, to give me a final list of what we can throw at this, to leave no shadow of a doubt as to how serious we are,” Gladys Berejiklian, the premier of Sydney’s home state of New South Wales, told reporters.

The state, which is Australia’s

most populous, reported 644 new infections on Friday, while southeastern Victoria state, home to Melbourne, recorded 55, as authorities there warned of a risk the outbreak could slip out of control.

In neighbouring New Zealand, an outbreak that began this week widened to the capital, Wellington, from the biggest city of Auckland, prompting Prime Minister Jacinda Ardern to extend a nationwide lockdown until Tuesday.

Though Friday’s 11 new infections are relatively few, Ardern’s critics question if she can repeat last year’s feat of almost stamping out COVID-19, given the highly contagious nature of the Delta variant.

Vietnam imposed its toughest order yet, barring residents of the business hub of Ho Chi Minh City from leaving their homes from Monday, although further details have yet to be announced.

“Each home, company, factory should be an anti-virus fort,” said Pham Duc Hai, deputy head of the

coronavirus authority in Vietnam’s biggest city, adding that people were being asked not to go outdoors.

Like Australia and New Zealand, Vietnam was once lauded for success in containing the virus, but is finding earlier measures were insufficient.

It has more than 312,000 infections and 7,150 deaths, up from a May 1 figure of less than 3,000 cases and 35 deaths.

Japan plans to roughly triple daily COVID-19 tests to 320,000, an acknowledgement that its main containment strategy of breaking up clusters of infections was no longer working in big cities like Tokyo, the capital.

The move comes after new daily cases exceeded 25,000 on Thursday for the first time.

South Korea extended for two weeks social distancing curbs that include a ban on gatherings of more than two people after 6 p.m.

Thailand, which had also managed to hold down infection numbers until the Delta variant hit, said its cases had passed the 1-million mark on Friday

V.O.Chidambaranar Port Creates New Record in Unloading Coal in 24 hours Tuticorin Port Wings News Network n 15 August 2021, V.O.Chidambaranar Port created a new record by unloading 57,090 Tonnes of Coal in 24 hours, at Berth No.9 from the vessel, ‘M.V. Star Laura, surpassing the earlier record of 56,687 tonnes of Coal handled at Berth No.9, from the vessel ‘M.V. Ocean Dream’ on 27 October 2020. It is also a matter of pride that, 1,82,867 Tonnes of cargo handled in a day is the highest

India Coke and Power Pvt. Ltd. The 3-Harbour Mobile cranes operated by M/s.

IMCOLA Crane Company, Tuticorin, discharged 57,090 Tonnes of coal within a span of 24 hours. The Shipping Agents for the Vessel was M/s. JNP Shipping Agencies Tuticorin, and Stevedore Agent was M/s. Chettinad Logistics, Tuticorin.

Shri T.K. Ramachandran, IAS, Chairman, V.O. Chidambaranar Port

volume of cargo handled in a single day, this year.

The Marshall Islands flagged Panamax class vessel ‘M.V. Star Laura’, with floating draft of 14.20 Metres, arrived from the Port of Maura Berau, Indonesia, with 77,675 Tonnes of Coal consigned for M/s.

Trust, while thanking the synergy exhibited by the stakeholders, who have contributed to achieve this record, conveyed that the Port is continuously striving to achieve improvement in performance and productivity in order to attract more volumes of traffic through the Port.

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RoDTEP Rates To Give Predictability, Stability And Liquidity To Indian Exports: FIEO Chennai

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Port Wings News Network elcoming the announcement of the Remission of Duties and Taxes on Exported Products (RoDTEP) rates for the merchandise sector, Dr A Sakthivel, President, FIEO said that the much-awaited rates will help in easing the liquidity of the exporters, ensuring predictability and stability thus helping competitiveness of exports over a long-time horizon. He said that he expects the rates are quickly uploaded in the system so that exporters may generate their scrips instantly for utilizing the same either for duty free imports or transferring it to increase their cash flow. FIEO said that RoDTEP rates, which provides zero rebating of exports, are WTO compatible and thus will continue for long time until all the products & services are brought within the ambit of GST and embedded incidence is completely neutralized. The RoDTEP coupled with GST refund and Duty Drawback ensure that our export products do not contain any incidence of taxes and duties, added President, FIEO. Hailing the decision of the Government to extend the RoDTEP coverage to Advance Authorisation/ DFIA holders, EOU and SEZ units from a date to be notified later, President FIEO urged the Government to also extend them the benefits from 1st January, 2021. He also pleaded for coverage of various

sectors such as Pharma, Organic & Inorganic chemicals, Article of Iron & Steel and Iron & Steel under RoDTEP immediately with effect from 1st January, 2021.

Explaining about the low rates for many sectors, Dr Sakthivel said that since the rates are fixed on the basis of the data furnished by the industry, which was also affected due to the pandemic, the rates may be reviewed if more comprehensive and updated data is furnished by the industry.

Moreover, there is a provision for an annual review of the rates factoring the changes in the taxes & duties in respect of parameters based on which such rates are fixed.

Dr Sakthivel thanked the Hon’ble Prime Minister, Commerce & Industry and Textiles Minister and the Finance Minister for providing RoDTEP support to exporters so as to impart competitiveness to exports more so at a time when exports growth is moving in northward direction offsetting the pandemic.

President, FIEO said that exports are on course to achieve US$ 400 Bn in the current fiscal but logistics challenges particularly unavailability of containers, shut out by shipping lines and high freights pose a serious challenge.

He requested the Government to take suitable measures so that these hiccups can be overcome.

Aug. 25th - 31st, 2021 Issue

Govt Will Provide All Support To Sea Food Industry: Dr L Murugan Port Wings News Network r L Murugan, Minister of State for Information & Broadcasting and Fisheries, Animal Husbandry & Dairying, Government of India, on 21 August

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fisheries sector in India has shown impressive growth with an average annual growth rate of 10.2% during the year from 2014-15 to 2018-19.

“The fish production in India stood at an all-time high of 141.56 lakh metric tons during 2019-20.

industry, he said that Prime Minister Shri Narendra Modi launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY) at an investment of Rs 20050 crore.

At the event, the members of the Seafood Exporters Association

said that Government of India under the leadership of Prime Minister Shri Narendra Modi will provide all possible support to the sea food Industry in terms of policy interventions to ensure the growth of sea food exports in a sustained manner and take it to new heights.

Speaking at a meeting with Seafood Exporters Association in Chennai, he said, “We will leave no stone unturned to address the issues impacting the marine product exports.”

The Minister of State said

Indian fish production is about 8% of global fish production and has second position in aquaculture production,” he added.

Stating that the Covid-19 pandemic has impacted seafood sector like many other sectors, he added that in spite of pandemic our marine products exports are showing recovery and expressed hope that this year “we will perform well”.

Listing out various initiatives taken by the government for the welfare of fishermen and fisheries

of India expressed their concerns.

The Minister said he would look into these concerns and find ways to redress them.

“Honourable Prime Minister is concerned about the issues concerning the fishermen, we are also planning to introduce the India Marine Fisheries Bill 2021. We will take up all these issues and I am sure the government will address the issues,” Dr L Murugan said.

Later, the Minister of State held a review meeting with officials of Fisheries department.

Chennai

Mohit Bhatia heads Maersk Global Service Centres Mumbai

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Port Wings News Network .P. Moller - Maersk has appointed Mohit Bhatia as Senior Vice President and Head of Maersk Global Service Centres (GSC) effective August 1, 2021. Mohit previously held the position of Joint Managing Director, Maersk GSC, with responsibility for Finance before taking over the overall leadership including commercial and operations functions.

An industry stalwart, Mohit brings strong expertise of over 30 years in transforming and managing large companies across IT, banking and food & snacking sectors. Mohit is an accomplished Chartered Accountant and finance professional who is skilled in CFO responsibilities, business processes, re-engineering, global delivery, shared services, and business transformations including successful implementations of technology platforms and digital & robotic process automation. Mohit joined Maersk in 2019 and has since then demonstrated his strong strategic mindset, execution focus and leadership capabilities.

On his appointment, Mohit commented, “I am honoured to take over the responsibility of Maersk GSC at a time when the logistics sector is undergoing an important transformation. As an industry leader, we are fronting this transformation through a robust technology plan that, together with

end-to-end connected processes, will enable us to become truly customer-centric.”

GSC – an enabler of Maersk’s transformation The Maersk GSC plays a critical role in delivering customer outcomes

and enables decision making and prioritization for Maersk based on its end-to-end process view. To enable Maersk’s vision of becoming an integrated container logistics company, Maersk GSC has locked down the following four themes as a part of its priorities: * GSC’s direct contribution to customer experience outcomes, and support to Maersk’s overall growth agenda * Drive best-in-class efforts to deliver cost and cash leadership for Maersk * Drive process readiness to support future technology from a Digital, Platform and Data perspective * Build a highly engaged workforce that is future-ready and a culture that supports Maersk’s Strategy

With strength of more than 12,000 employees, Maersk GSC is spread across India (Bangalore, Chennai, Mumbai, and Pune), China (Chengdu) and the Philippines (Manila), with a small hub in Morocco (Tangier). Established in 1999, Maersk GSC’s competencies have grown in the last few years by being an integrated part of delivering strategic business growth.

Maersk GSC teams interact with multiple stakeholders across A.P. Moller – Maersk to enable about 30 million touchpoints per year with over 59,000 customers. Maersk GSC oversees not only the strategic execution of finance and commercial processes, but also closely partners with the Technology teams based out of Maersk GSC. The GSC comprises some of the best minds in engineering, digital innovation, finance, commercial, operations, and information technology that develops innovative end-to-end solutions providing bestin-class customer experience.

Maersk GSC has undergone a rapid transformation over the last few years through a journey undertaken by agile and selfmanaged teams that adapt and respond fast to the changes.

The empowered and collaborative way of shaping outcomes has enabled Maersk GSC to build a framework that delivers a better customer experience while also creating the right environment for its employees to thrive.

5

Indian Register of Shipping (IRClass) helps strengthen Inland Vessel legislation New Delhi Port Wings News Network nternational ship classification society, Indian Register of Shipping (IRClass) has played an integral role in the drafting of the Inland Vessels Bill which was recently passed by the Parliament.

The Inland Vessels Act 2021 repeals the earlier Inland Vessels Act 1917 which needed major revisions to remove several archaic and redundant provisions and be in sync with the current times.

The legislation is designed to promote economical and safe transportation and trade through India’s inland waters, by introducing a national framework and uniform applicability of rules and regulations.

IRClass assisted in preparation of the draft IV Bill and participated along with IWAI and Ministry of Shipping in several broadbased consultations with all stakeholders. Stakeholders included several Ministries, Government organisations, State governments, Maritime boards as well as industry participants. Based on suggestions and recommendations from stake holders, the bill was amended accordingly or agreed to promulgate in the rules.

Under the new legislation, service providers and end users will

I

no longer have to observe different compliance levels from one State to another. The new legislation stipulates higher standards to ensure safety of navigation, protection of life and cargo, prevention of environmental pollution, healthier trade practices, transparency and accountability of administrative mechanisms as well as the training and development of an efficient and skilled workforce.

Sr. Vice President and Divisional Head – Mr. N Girish said: “IRClass was pleased to offer strategic advice on this crucial bill as we look to maintain the highest standards possible and make trade more seamless, safer and environmentally friendly by using inland waterways.”

Mr. K K Dhawan, Vice President and Area Manager added: “IRClass is committed to working with Ministry of Ports, Shipping & Waterways as well as IWAI to provide technical assistance.

While drafting the bill, similar international regulations from US, EU, UK, Vietnam including Rhine regulations were analysed. Based on this IV Bill, IRClass is now associated with IWAI in drafting the IV Rules.”

MPT To Get New Shore Crane For Better Container Shipping Panaji

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Port Wings News Network he Mormugao Port Trust (MPT) lacks efficient infrastructure to meet the needs of modern container vessels, its interim Chairman Mr. Rajiv Jalota said. The port is going to install an efficient harbour shore crane with funding from the Sagarmala programme, he said.

Mr. Jalota said that a tender to appoint an operator for the harbour shore crane will be floated “soon”, while the mobile shore crane will most likely be purchased by the MPT and given to the operator.

“We have taken a decision to float an operations and maintenance tender for a crane. Also we are approaching Sagarmala for funding of cranes so that the initial cost burden on the operator is less. If we can buy a crane and give it to the operator, the trade will benefit,” he said.

Mr. Jalota, who holds joint charge of the Mumbai Port Trust and the MPT, said that though the MPT has a couple of shore cranes and a harbour mobile crane they are not efficient enough for

containerised operations. The lack of efficient infrastructure and lack of containerised cargo dissuades container vessels and feeder vessels from calling at the port.

“One of the biggest hurdles that I face is to develop the port to cater to the modern demand like container traffic. You need to have port infrastructure of the highest order,” the MPT interim chairman said at a logistics conference.

Mr. Jalota believes that if the MPT improves its port infrastructure then the port will be able to attract a significant part of 70,000 TEUs of container cargo that originates in Goa. At present just about 28,000 to 30,000 TEU is shipped out through the MPT. The MPT is also in the process of allotting operations and maintenance of berths 10 and 11 along with redevelopment of berth 9 and three barge berths through PPP.

Visit

www.portwings.in for Latest News

6

Vessel Position at Terminals - (18.08.2021 To 25.08.2021)

Aug. 25th - 31st, 2021 Issue

7

CCTL - Chennai ETA

ETD

Service

Vessel Name

24/08

25/08

CI5

26/08

27/08

IEX

Voy

Agent/Line

Calling Ports

ETA

ETD

Service

Vessel Name

Voy

CARATHIA

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

Agent/ Line

24/08

25/08

FME

KMTC MUMBAI

2105W-2105E

KMD

Port Kelang(North port) – Singapore,Shangha

XIN TAIN JIN

TUT/LEH/JED/HAM/ANR/CMB/ RTM/PIR/COK/DAM/VTZ/LGP/KRI

27/08

28/08

MD1

GREEN HOPE

27732W-27732E

WAN

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

30/08

31/08

FME

XIN LIAN YUN GANG

087

CCO

Port Kelang(North port) – Singapore,Shangha

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 018E

AISSA MARITIME

NAVASEVA, TUTICORIN, PENANG, TUT, MYPEN, MYPKG, CNTAO, CNSHA, CNNGB, CNSWG

24/08

25/08

CI II

MV.INTERASIA MOMENTUM

25/08

26/08

CTS

MV.KAPITAN MASLOV

151S

FAR SHIPPING

COLOMBO, TUTICORIN, COLOMBO

26/08

27/08

BOX

MV.SMILEY LADY

21063S

OASIS SHIPPING

COLOMBO, TUTICORIN, COLOMBO

TWF

COLOMBO, TUTICORIN, COLOMBO

27/08

28/08

TUX

MV.OEL SHRAVAN

21155

NSICT - Mumbai ETA

ETD

Service

CITPL - Chennai

Vessel Name

Voy

Agent/Line

Calling Ports

24/08

25/08

IEX

GULF BARAKAH

SBG

Colombo,Damietta Piraes Rotterdam, London

24/08

25/08

MESAWA

MAERSK RUBICON

MSK

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

25/08

26/08

GIX

CONTISHIP LEX

PRD

25/08

26/08

BMM

INTER SYDNEY

EMS

25/08

26/08

BLUENILE

RIO CENTAURUS

MSK

27/08

28/08

MIDAS

ALDI WAVE

CCA

27/08

28/08

IPAK

MSC ELLEN

MSC

27/08

28/08

INDUSA

MSC RITA

MSC

28/08

29/08

IIX

KASHAN

RIS

28/08

29/08

MWE

SEAGO ISTANBUL

MSK

29/08

30/08

MECL

MAERSK KENSINGTON

MSK

29/08

30/08

CSC

GUENTHER SCHULTE

MSC

30/08

31/08

AS1

CMA CGM RACINE

SMM

31/08

1-9

MESAWA

MAERSK CHENNAI

HLI

31/08

01/09

IAS

MSC PHOENIX

CCA

01/09

02/09

BMM

LIBRA

MSK

Nhava Sheva, Mundra, Port Qasim, Singapore

Nhava Sheva, Mundra, Port Qasim, Singapore

Colombo,Damietta Piraes Rotterdam, London

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

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

30/08

31/08

ADHOC5

27/08

28/08

27/08

Voy

Agent/Line

Calling Ports

IRENES RAY

MAE

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

ADHOC-U

THORSWIND

BTL

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

28/08

ASX

GFS GISELLE

SMM

Jebel Ali, Mundra,Hazira,Nhava Sheva

27/08

28/08

ADHOC

CAPE MONTEREY

GLD

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

31/08

01/09

MINA

APL ANTWERP

CCA

Jebel Ali, Mundra,Hazira,Nhava Sheva

30/08

31/08

TIP

MOL ANTWERP

CCA

Jebel Ali, Mundra,Hazira,Nhava Sheva

27/08

28/08

FM3

ALS APOLLO

MAE

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

27/08

28/08

CIX3

CARLESTON

RCL

Jebel Ali, Mundra,Hazira,Nhava Sheva

26/08

27/08

ADHOC-3

TRILLY RUSS

HLI

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

31/08

01/09

ADHOCS

THANA BHUM

RCL

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

29/08

30/08

CWX

GSL VALERIE

GLD

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

28/08

29/08

CWI

EVER UNICORN

EGI

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

25/08

26/08

ADHOC2

ALION

ESA

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.

Calling Ports

Kattupalli ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

23/08

24/08

CIX

HYUNDAI OAKLAND

107

HMM

Jebel Ali, Mundra,Hazira,Nhava Sheva

23/08

24/08

ACS

HYUNDAI ULSAN

014W

HMM

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

Kakinada Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

25/08

26/08

PRP>KAK>MA

SSL KUTCH

218

IMPERIAL

HAL>INCOK>IMAA

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

24/08

25/08

CHX

JEPPESEN MAERSK

133W

MSK

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

25/08

26/08

CCG

MOGRAL

41

SMI

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

25/08

26/08

TCI COS

TCI LAKSHMI

2

TCI

Cochin, Kanda, Mangalore, Cochin

27/08

28/08

FME

KMTC MUMBAI

2105E

KMT

Port Kelang (North port) – Singapore, Shanghai

30/08

31/08

CVK

MSC JANIS3

SV131R

MSC

31/08

01/09

CHX

JOSEPHINE MAERSK

134W

MSK

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

01/09

02/09

FME

XIN LIAN YUN GANG

087W

COS

Port Kelang(North port) – Singapore, Shanghai

01/09

02/09

MDM

GREEN HOPE

27732R

WHL

Colombo

Maersk Secures Green Fuel For Vessel Operating On Carbon Neutral Fuel

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Chennai

Port Wings News Network .P. Moller - Maersk has identified its partners to produce green fuel for its first vessel to operate on carbon neutral methanol: REintegrate, a subsidiary of the Danish renewable energy company European Energy.

REintegrate and European Energy will establish a new Danish facility to produce the approx. 10.000 tonnes of carbon neutral e-methanol that Maersk’s first vessel with the ability to operate on green e-methanol will consume annually. Maersk will work closely with REintegrate and European Energy on the development of the facility.

“This type of partnership could become a blueprint for how to scale green fuel production through collaboration with partners across the industry ecosystem, and it will provide us with valuable experiences as we are progressing on our journey to decarbonise our customers’ supply chains.

Sourcing the fuels of the future is a significant challenge, and we need to be able to scale production in time. This agreement with European Energy/REintegrate brings us on track to deliver on our ambition to have the world’s first container vessel operated on carbon neutral methanol on the water by 2023,” says Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands, A.P. Moller - Maersk.

The methanol facility will use renewable energy and biogenic CO2 to produce the e-methanol. The fuel production is expected

to start in 2023.

The energy needed for the power-tomethanol production will be provided by a solar farm in Kassø, Southern Denmark.

REintegrate has a proven track record for producing green e-methanol in its test laboratory in Aalborg. The new facility will be its third e-methanol facility, as they are also constructing an e-methanol facility in Skive with startup in 2022: “We’re proud to be a part of the first large scale e-methanol production in Denmark.

While renewable energy is becoming more and more common in the energy mix of electricity consumption, this is one of the first steps in heavy transportation towards using 100% renewable energy. This agreement marks a milestone in the journey towards green transition in the shipping industry,” says Knud Erik Andersen, CEO, European Energy.

While the renewable energy will be produced in Southern Jutland it is yet to be decided where in Denmark the power-tomethanol facility will be located.

Maersk announced the dual fuel vessel, an industry first, in February 2021. In June, Maersk announced that Hyundai Mipo Dockyards will be building the 2100 TEU (Twenty Foot Equivalent) feeder.

The world’s first methanol feeder will be 172 metres long and it is expected to join the Maersk fleet in mid-2023. It will sail in the network of Sealand Europe, a Maersk subsidiary, on the Baltic shipping route between Northern Europe and the Bay of Bothnia. It will fly the Danish flag.

Aug. 25th - 31st, 2021 Issue

Russian and Kazakh Railways To Jointly Develop Agroexpress Container Service Chennai

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Port Wings News Network EO and Chairman of the Board of Russian Railways Oleg Belozerov and Chairman of the Board of JSC NC KTZ Nurlan Sauranbayev recently signed a memorandum of cooperation in organizing of transporting agricultural products by rail in Nur-Sultan (Kazakhstan).

Prime Ministers of Russia and Kazakhstan Mikhail Mishustin and Askar Mamin also took part in the ceremony.

According to the document, the parties will jointly increase the volume of traffic within the Agroexpress service, which specializes in the expedited delivery of agro-industrial and food products in container trains, both between countries and in transit.

This service is constantly being improved by expanding the list of routes and the use of modern transportation solutions, refrigerated containers, and flexitanks, allowing us to offer customers the ability to ship a wide range of goods

and guarantee safety during transportation.

The general partner of

Oleg Belozerov and Chairman of the Board of JSC NC KTZ Nurlan Sauranbayev signed a roadmap to speed up the digitalization File photo of freight traffic using electronic documents with e-signatures.

This includes working with shippers and consignees to disseminate the new technology.

In particular, consultations with ministries and departments on the conditions for electronic Agroexpress in Kazakhstan is KTZ legal documents are planned.

Express JSC (a subsidiary of KTZ) This roadmap should result in and, in Russia, JSC RZD Logistics an increase in the transportation of (subsidiary of Russian Railways). goods and empty wagons between Joint development of the the countries using paperless service includes working out and technology to 80% by 2022 and, for approving the cargo base, as well the transit transportation of goods as establishing the exact routes and and empty wagons between EAEU trains schedules. member states, to 50% by the same More Than 80% of Railway year.

Freight Traffic between Russia A test transportation of export and Kazakhstan Will Be Processed cargo using paperless technology Electronically by 2023 from Kazakhstan to third countries General Director and Chairman in transit through Russia will also be of the Board of Russian Railways carried out as part of the project.

Seafarers Happiness Index Paints Harrowing Picture Chennai

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Port Wings News Network he Seafarers Happiness Index (SHI) Quarter 2 2021 results are a measure of the happiness level of seafarers amidst the backdrop of the Covid-19 pandemic, with severe global and maritime industry issues again being brought to the fore, says The Standard Club Unfortunately, the latest Seafarers Happiness Index from the Mission to Seafarers paints a harrowing picture, revealing a grim picture of seafarer welfare with overall happiness dropping to an alltime low since the beginning of the COVID-19 pandemic.

Seafarers were frustrated of being constantly in the same environment

and this quarter’s report has reflected the need for wider vaccination programmes via three core themes; • the ban of shore leave in ports, • the continued delay in keyworker status and, • minimal movement for crew.

Captain Yves Vandenborn, Director of Loss Prevention at the Standard Club, comments: ‘It is really worrying to see the sharp drop in the Happiness Index this quarter with seafarers raising several major issues at the root of their displeasure. We call upon all key stakeholders to put action to word and take care of our seafarers.

After all, without the seafarers, we would not have ships plying the oceans or food on our shelves. Ship owners/managers need to ensure

that ships are properly manned and that seafarers’ mental, physical and social wellbeing are provided for.

This pandemic is far from over and even with vaccination rates rising worldwide, we are seeing an increase in positive cases on board.

This is not the time to be letting our seafarers down!’

Here is a quick breakdown of this quarter’s report.

The Loss Prevention department at Standard Club is dedicated to improving seafarer welfare, and testament to that commitment, the club is a signatory on the Neptune Declaration on Seafarer Wellbeing and Crew Change as well as a proud sponsor of the Seafarers Happiness Index, a report by Mission to Seafarers.

DP World Completes Successful Real-World Trial Of BOXBAY Chennai

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Port Wings News Network P World has completed testing of the BOXBAY high bay storage concept at the first full-size facility constructed at Jebel Ali port in Dubai.

More than 63,000 container moves have been completed since the facility, which can hold 792 containers at a time, was commissioned beginning this year.

According to DP World’s statement, the test exceeded expectations with BOXBAY faster and more energy efficient than anticipated.

BOXBAY is a joint venture between DP World and German industrial engineering specialist SMS group.

“The technology we have developed with our joint venture partner SMS group dramatically expands capacity, increases

efficiency, and makes the handling of containers more sustainable,” noted Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World.

The system stores containers in slots in a steel rack up to eleven high, while it delivers three times the capacity of a conventional yard in which containers are stacked directly on top of each other, meaning the footprint of terminals can be reduced by 70%.

In BOXBAY containers are moved in, out and between slots by fully electrified and automated cranes built into the structure.

Additionally, individual containers can be accessed without moving any others, while the whole system is designed to be fully powered by solar panels on the roof.

Modifications made during the trial compared to the original design further improve performance and significantly reduce investment

required for future installations, according to DP World.

The UAE-based global operator added that high performance levels of BOXBAY – 19.3 moves per hour at each waterside transfer table to the straddle carrier and 31.8 moves per hour at each landside truck crane – will also reduce the equipment needed in a terminal, while operating costs are also lower than anticipated, with energy costs better by 29%, all at significantly reduced maintenance costs.

Mathias Dobner, Chairman and CEO of BOXBAY, commented, “For ports worldwide, this innovative and disruptive technology will not only increase their over-the-quay-wall handling volumes and container storage capacity, but will also allow them to make a further step towards sustainability, as power regeneration and solar panels on the roof help reduce the CO2 footprint to a minimum.”

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NEWS - BITS Andrey Yaroslavtsev Takes Helm Of Sea Port Of Saint-Petersburg

Andrey Yaroslavtsev has been in the stevedore business for over 30 years. He began his career in 1988 at Commercial Seaport of Leningrad as lifting/handling equipment engineer. Between1996 and 2008, Andrey Yaroslavtsev was holding leading engineering and senior positions at some stevedoring companies of Russia. In 2009-2016 – Managing Director of Multipurpose Reloading Complex LLC. In 2016, was appointed as Managing Director of Tuapse Sea Commercial Port JSC. Andrey Yaroslavtsev was marked with the ministerial awards, сommendation and certificates of honour from RF Transport Ministry. In 2013 - awarded with the honorary title “Veteran of the Port”.

Andrey Yaroslavtsev graduated from Admiral Makarov State Maritime Academy with specialization in shipboard equipment engineering. In 2013, graduated from Admiral Makarov State University of Maritime and Inland Shipping with specialization in transport company economics and management.

Ust-Luga based Multipurpose Reloading Complex enhances environment protection

From the beginning of 2021, Multipurpose Reloading Complex LLC (MRC) operating in the port of Ust-Luga has increased investments under its environmental programme five times to RUB 8.2 million.

According to the statement of Multipurpose Reloading Complex, in spring MRC expanded its fleet of environment protection equipment with a new mobile dust suppression unit, УП/М-718-А8ДГ-Д-С. The new system ensures maximum safety of dry bulk cargo handling and minimizes environmental footprint of the terminal.

The company allocated more than RUB 1 million for environmental monitoring and drafting of regulatory documentation. MRC conducted control of air and waste water quality as well as the acoustic load on the adjacent territory. The accredited laboratories’ findings confirmed the terminal’s compliance with the environmental standards at the border of the sanitary protection zone.

From the beginning of the year, the company has also made allocations for maintenance of environment protection facilities of the terminal, transportation and disposal of industrial and household waste.

Multipurpose Reloading Complex has been consistently enhancing the level of its environmental safety and improving the package of environment protection measures.

Multi-Agency Exercise To Test Singapore’s Ferry Mishap Readiness And Response The Maritime and Port Authority of Singapore (MPA) held its annual ferry rescue exercise (FEREX) today to test Singapore’s operational readiness and responsiveness in the event of a ferry mishap, according to MPA’s release.

Eight vessels, an RSAF AS332 Super Puma helicopter and around 50 personnel were deployed for the exercise near Marina South Pier. Other agencies and organisations that participated in the exercise included the Singapore Civil Defence Force (SCDF), Singapore Police Force (SPF), Republic of Singapore Air Force (RSAF), and ferry operator Sindo Ferry Pte Ltd. This year’s seaward exercise was scaled down with safe management measures in place, in view of the COVID-19 situation.

The exercise scenario involved a domestic passenger ferry that ran over an underwater object while en-route from Kusu Island to Marina South Pier. The ferry’s hull was severely damaged and started to take in water.

Some passengers panicked and jumped overboard. Several passengers were also injured. The master of the ferry sent out a distress call and requested immediate help from MPA.

CUSTOMS EXCHANGE RATES Notification No.68/2021 (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 20th Aug. 2021

RATE (INR) Import Export 54.80 203.55 59.65 11.65 11.90 88.40 9.70 255.35 52.30 8.45 103.75 20.85 20.45 55.45 5.10 8.65 82.40 9.05 20.90 75.20 68.70 6.55

52.45 191.10 57.55 11.25 11.45 85.25 9.35 239.15 49.95 8.15 100.30 19.45 19.20 53.55 4.80 8.35 79.25 8.50 19.60 73.50 66.25 6.15

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

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 Wednesday (25.08.2021)

China Constructs Largest Electric-Drive Cruise Ship Port Wings News Network hina is building what it is calling the world’s largest all electric-drive cruise ship for use on the Yangtze River. The vessel is part of a pilot project supported by the Chines government to advance the development of electric drive

vessel, which will have a capacity of up to 1,300 people, is designed to promote the green development of Yangtze River shipping.

According to details released by the tourism company, the vessel will be powered by a battery with a capacity of 7,500 kWh. It will have the capacity to operate more

vessels.

Construction of the hull for the 328-foot-long Yangtze Three Gorges 1 was recently completed at the Yichang Shipbuilding Industrial Park in Yichang, China.

The vessel is being built as a demonstration project to be operated jointly by the China Yangtze Power Company and the Hubei Three Gorges Tourism Company. The

than 60 miles on one charge.

They are saying the advancements with the battery pack system will significantly extend the battery life and performance.

In addition to the battery pack, they are developing other advanced systems to support the operation of the ship. A DC bus frequency conversion control power system will distribute

Chennai

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Aug. 25th - 31st, 2021 Issue

Ever Given Completes Southern Suez Canal Transit

power to all parts of the vessel and battery and energy management systems will assist in the efficient distribution of power.

The vessel will also be enabled for remote monitoring while aboard there will be intelligent lighting and energy systems.

Another key part of the project is the development of high and lowvoltage charging systems. This will contribute to the efficient operation of the ship solving the problem of high-voltage charging electric vessels.

According to the officials, it will be the first time a vessel has adopted a system of high-voltage charging.

China’s Ministry of Industry and Information Technology first proposed the pure electric cruise ship in 2018 and the following year the concept designs were presented by the China Classification Society.

The Ministry of Transportation lists this as one of its pilot projects.

The vessel is currently being outfitted with the first trial voyage expected before the end of 2021.

After delivery, the ship will operate on tourist routes along the Yangtze, China long river, and in the Three Gorges region.

Chennai

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Port Wings News Network n what promised to be one of the most closely watched and followed transits of the Suez Canal, the containership Ever Given today made a successful southern transit on her return trip to Asia.

The transit came just over six weeks after the vessel was released by the Egyptian authorities, which detained the boxship for 14 weeks after it grounded in March blocking the canal for six days.

While it was the 22nd voyage of the Ever Given through the Suez Canal, and the vessel is reported to be operating normally after being freed from the canal wall in March, the Suez Canal Authority nonetheless decided to take extra precautions during the transit.

The head of the canal authority, Lieutenant-General Osama Rabie, directed that measures be taken to ensure the safe passage of the ship.

The SCA reported that a group of senior authority guides, who are known for their experience and competence, were assigned to the Ever Given for the transit and they allocated the two tugboats, Mosaed 1 and Mosaed 2, to accompany the ship during its journey across the canal.

The Ever Given proceeded normally as part of one of the

southbound convoys transiting the Suez. A total of 36 vessels were southbound today while a further 26 ships were northbound.

After being released in July, the Ever Given received a bottom cleaning, a dive survey, and inspection by the vessel’s classification society to ascertain any damage to the bow or hull from the grounding or efforts to refloat the ship. She then completed her voyage including stops in Rotterdam and Felixstowe. The Ever Given bunkered in Malta last weekend in preparation for the return trip to Asia. The boxship is reported to be traveling empty and believed to be heading to Singapore where it will undergo repairs.

With a designated capacity of 20,000 TEU, the Ever Given is not the largest containership to transit the canal, and vessels of her size frequently transit the Suez.

Currently, the largest container load of 21,710 TEU is aboard the new Ever Ace which is making its maiden voyage to Europe.

The two containerships are similar in size with the same length, but the newer Ever Ace is approximately eight feet wider. The Ever Ace is expected to arrive at the southern entrance to the Suez Canal on August 27.

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