For All Type of Marine & General Insurance
www.portwings.in
Nov. 1st - 7th Issue
SANCO TRANS LTD
Also undertaking Life and Mediclaim Policies
• Container Freight Station (CFS) 1&2 • Container Terminal Operator • Transport & Heavy Equipments • Bonded, Warehousing & Distribution • Stevedores • Break Bulk Operation • Multimodal Transport Operator (M.T.O)
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 1, 2017
8 Pages
Govt Plans to Pump in Rs 8 Lakh Crore under Bharatmala Project: Gadkari New Delhi Port Wings News Network he Minister of Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Mr Nitin Gadkari has said that highways works worth Rs 8 lakh crore will begin before the end of 2018 under the Bharatmala Pariyojana. He was speaking to media persons in New Delhi on 25 October, a day after the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Mr Narendra Modi approved Phase I of Bharatmala Pariyojana. Bharatmala is a new umbrella program for the highways sector that focuses on optimizing efficiency of road traffic movement across the country by bridging critical infrastructure gaps. MAJOR DRIVER FOR ECONOMIC GROWTH Mr Gadkari said that Bharatmala will be a major driver for economic growth in the country, and help realize Prime Minister Modi’s vision of a New India. He said the programme has been designed to bridge the gaps in the existing highways infrastructure so as to make the movement of man and material more efficient. Special attention has been paid to fulfill the connectivity needs of backward and tribal areas, areas of economic activity, places of religious and tourist interest, border areas, coastal areas and trade routes
T
with neighbouring countries under the programme. 50 NATIONAL CORRIDORS The Minister also said that Bharatmala will give the country 50 national corridors as opposed to the 6 we have at present. With this, 70 – 80 percent of freight will move along NH as against the 40 percent at present. The programme will help to connect 550 Districts in the country through NH linkages. Currently, only around 300 Districts have NH linkages. Bharatmala will also have a positive impact on the Logistic Performance Index (LPI) of the country. Apart from this, the Minister said the programme will also help generate a large number of direct and indirect employment in the construction activity, the development of highways amenities and also as part of the enhanced economic activity in different parts of the country that will result from better road connectivity . A total of around 24,800 kms
are being considered in Phase I of Bharatmala. In addition, Bharatmala Pariyojana phase –I also includes 10,000 kms of balance road works under NHDP, taking the total to 34,800 kms at an estimated cost of Rs.5,35,000 crore. Bharatmala Phase I – is to be implemented over a five years period of i.e. 2017-18 to 2021-22. DECONGESTING CHOKE POINTS Bharatmala envisages improving the efficiency of the National Corridor (Golden-Quadrilateral and NS-EW corridor) by decongesting its choke points through lane expansion, construction of ring roads, bypasses/ elevated corridors and logistics parks at identified points. Around 5,000 kms of the National Corridor will be taken up in Phase-I of Bharatmala at an estimated cost of Rs 100,000 crore. The programme has identified around 26,200 km of Economic Corridors or routes that have heavy freight traffic, of which 9,000 kms are being taken up for development in Phase-I at an estimated cost of Rs 1,20,000 crore. It is planned to develop these corridors end to end to ensure seamless and speedy travel and uniformity in standards. Besides this, around 8,000 km of Inter-Corridors and around 7,500 km of Feeder Corridors have also been identified under Bharatmala, of which around 6000 km will be Contd. on page -2
`12
Mobile: 91-9884044255 www.sancotrans.com
Wing 4 Feather 11
V O Chidambaranar Port Handles Longest Container Vessel at DBGT Tuticorin Port Wings News Network he longest container vessel at Dakshin Bharat Gateway Terminals, V.O. Chidambaranar Port, SCI Mumbai was handled at the dawn of 26 October, 2017 on trial basis. The container vessel was berthed on 26 October at 06.45 Hrs at the Dakshin Bharat Gateway Terminals in the presence of Mr I. Jeyakumar, IRTS, Chairman, V.O. Chidambaranar Port Trust, Mr S. Natarajan, Deputy Chairman, V.O. Chidambaranar Port Trust, Mr Eric Lavenu, Chief Executive Officer, Dakshin Bharat Gateway Terminals and other senior officials of the V.O. Chidambaranar Port Trust and the Dakshin B h a r a t Gateway Terminals. T h e Container vessel SCI Mumbai with overall length of 262 metres has a capacity to carry 4395 TEUs of containers. The vessel SCI Mumbai is one of the vessels in the PIX 2 service, calling Tuticorin at a
T
frequency of 28 days and its rotation is Tuticorin -Cochin - Jebel Ali Mundra- Krishnapatnam - Kattupalli -Tuticorin. Mr I. Jeyakumar, IRTS, Chairman, V.O. Chidambaranar Port, stated that earlier in V.O.Chidambaranar Port, vessels with length over all of 230 metres with container carrying capacity of 2500 TEUs were calling this Port . The humble start of this trial run with container carrying capacity of 4395 TEUs and length over all of 262 metres would pave way for attracting more International and coastal volumes and would also induce the main line operators offering services from Far East, Red Sea and East Africa to call V.O.Chidambaranar Port. He further added that these services would be the game changer in container business in this part of the country creating new opportunities and delivering cost efficient services
to customers. In V.O. Chidambaranar Port, the record of handling the longest Container vessel happened 11 years back on 01 November 2006. Round The World (RTW) service vessel M.V. Limari, with an overall length of 269 metres made its first call at Tuticorin offering direct calls to Europe, Mediterranean countries, China and USA placed V.O. Chidambaranar Port in the international chart of the container trade. It’s a matter of pride that V.O. Chidambaranar Port, the vibrant seaport of South India ranks fourth amongst the Indian Major Ports in terms of container handling. The port has handled 6.42 lakh TEUs during Contd. on page -2
Visit
www.portwings.in for Latest News
Inside
National Association of Container Freight... Pg-2 L&T Launches Offshore Patrol Vessel for Indian... Pg-3 Gadkari Flags off RORO Ship From Chennai... Pg-3 Coastal Shipping Gets Boost: JNPT, Karwar... Pg-4 What is Bharatmala Pariyojana – A Glance... Pg-5 Vessel Position at Terminals and Ports... Latest Customs Exchange Rates... Kale Logistics Solutions Wins “Best...
Pg-6
IATA Calls for Asia Pacific Priorities...
Pg-8
Pg-7 Pg-7
RNI No. TNENG/2014/59741 Postal Registration No. TN/CNI/GPO/067/2015-17 Posted at Pathrika Channel, Egmore, RMS, Chennai-8. Date of Publication - Tuesday, Posted on Tuesday / Wednesday