Port Wings 22 Nov 2017 Issue

Lily line

www.portwings.in

Nov. 22nd - 28th Issue

SANCO TRANS LTD

Offers

LCL & FCL Services Ex.Tuticorin, Cochin, Krishnapatnam, chennai to

• 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)

MALDIVES For Bookings: Raja Agencies

Mobile: 96009 40230, 96009 40240 Phone: +91-461-4200001, 2352275 Fax: +91-461-2353100 E-mai: liner@rajaagencies.in

Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741 Wednesday, November 22, 2017 8 Pages

Nitin Gadkari Lays Foundation For Cochin Shipyard’s Rs 970-crore Ship Repair Facility Cochin

T

Port Wings News Network he Minister of Shipping, Road Transport & Highways and Water Resources, River Development and Ganga Rejuvenation Mr Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin on 17 November, after laying the foundation stone for a Rs 970-crore International Ship Repair Facility (ISRF) for Cochin Shipyard Limited. The facility is being built at Cochin Port Trust where CSL has leased out a 40-acre plot for the project.

INTERNATIONAL SHIP REPAIR FACILITY The International Ship Repair facility will be a State of the Art facility that can handle a major chunk of small and medium sized vessels plying in India. CSL will set up a ship lift system of size 130 m x 25 m with lifting capacity of 6000 tonnes and 6 work stations. The facility can repair up to 85 vessels, and CSL will thereby be almost doubling the number of ships that can be repaired every year.

Pointing out that this facility will help boost India’s share in

commercial ship repair market, Mr Gadkari said that the industry will also generate about 6000 direct and indirect jobs, besides giving rise to a number of ancillary industries in the state, thus having a multiplier effect on employment and economy.

BUILD THE SHIP – 2017 Mr Gadkari also inaugurated the conference Build The Ship – 2017 organized by the Ministry of Shipping in Cochin today.

The event deliberated upon the recommendations of a study regarding the growth strategies for promotion of Shipbuilding, Ship Design, Ship Repair and Marine Ancillaries in India.

At the conference the Minister announced the start of Center

of Excellence in Maritime and Shipbuilding (CEMS), a start up in skill development for maritime and shipbuilding sector. CEMS will have campuses at Vi s h a k h a p a t n a m and Mumbai.

It is being set up by the Ministry of Shipping in collaboration with Siemens under the flagship programme Sagarmala. CEMS will provide industry-relevant skill development, equip students with employable engineering and technical skills in the port and maritime sector and contribute to the Government of India’s ambitious Sagarmala programme. It will help meet the domestic skill requirement in ship design, manufacturing, operating and Maintenance, Repair and Overhaul (MRO) and aims to become an international nodal centre in South Asia, attracting students from neighboring countries like Sri Lanka, Bangladesh, Thailand, Malaysia and Indonesia Contd. on page -2

`12

Mobile: 91-9884044255 www.sancotrans.com

Wing 4 Feather 14

PM Modi Reviews Performance of Key Infrastructure Sectors New Delhi Port Wings News Network rime Minister Mr Narendra Modi on 16 November reviewed progress of key infrastructure sectors including PMGSY, housing, coal and power.

The review meeting, which lasted for about two and a half hours, was attended by top officials from PMO, NITI Aayog and infrastructure Ministries of the Government of India.

In course of the presentation made

by CEO NITI Aayog, it was noted that remarkable progress has been made in several areas.

Under the Pradhan Mantri Gram Sadak Yojana, 81 per cent of the targeted habitations numbering about 1.45 lakh have so far been connected.

Officials said progress is being made towards connecting all the remaining unconnected habitations within a defined timeframe.

The Prime Minister observed that resources available for this work should be used optimally throughout the year. He also hoped that the advancement of the Union Budget date would lead to further

P

Corporate Office:

C.H.ROBINSON WORLDWIDE FREIGHT INDIA PVT. LTD. (CHENNAI) SBL HOUSE  No.54/28  First Floor  Montieth Road  Egmore  Chennai - 600 008 Phone: +91-44-39604411 Fax:+91-44-39604460

improvement in performance. The Prime Minister was informed of the expeditious resolution of complaints received on the Meri Sadak App. He called for detailed analysis of the complaints, so that timely remedial measures are initiated wherever required.

Reviewing progress towards the roadmap to deliver 1 crore houses in the rural areas by 2019, the

Prime Minister said that the positive impact of housing on the lives of the beneficiaries should be suitably examined, and the focus should be on improving their quality of life.

Reviewing the coal sector, the Prime Minister called for renewed efforts towards underground mining and coal gasification, through infusion of latest technology inputs.

The Prime Minister was also informed about progressing towards the targets for rural electrification and household electrification.

Follow us in twitter @portwingsnews Visit

www.portwings.in for Latest News



www.chrobinson.com BRANCHES IN INDIA  AHMEDABAD  Aurangabad  BENGALURU  CHENNAI  COCHIN  Coimbatore  DELHI  Gandhidham  HYDERABAD  Indore  JAIPUR  KANPUR  KOLKATTA  Ludhiana  MUMBAI  PUNE  TUTICORIN  Vadodara  Vizag

S p e c i a l

E d i t i o n

Inside

VO Chidambaranar Remembered at VOC...

APSEZ Mundra Launches Paperless Mode...

V.O. Chidambaranar Port Creates Three...

Pg-2 Pg-3 Pg-3

Mumbai Port Begins To Convert Sassoon... Pg-4 CHABAHAR PORT: IRAN’S NEW ‘INDO-PACIFIC’... Pg-5 Pg-6 Vessel Position at Terminals and Ports...

Pg-7 Latest Customs Exchange Rates...

Indian Register of Shipping Launches Centre... Pg-7

DP World, Mali Government Sign MoU for...

Pg-8

Port Wings plans to bring out a special edition on account of NEW YEAR The special edition will carry articles from all verticals of EXIM trade and special interviews from well-known personalities in the sector.

For Pre-booking Advertisement space, Contact: K.Sivakumar - 9444222056, C.U.Satheesh - 7358020372 M.Richard Collins - 7358020375 (Tuticorin), Email: marketing@portwings.in

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

2

Nov. 22nd - 28th Issue

Nitin Gadkari Lays Foundation For Cochin...

Wednesday, November 22, 2017

Wing 4 Feather 14

Moody’s Rating Gives BJP the Right Boost Before Gujarat Elections

T

he BJP was searching for a perfect plank to change the narrative on economic growth in the country just before the Assembly Elections in Gujarat, and Moody’s rating gave it.

It was a huge shot in the arm for Modi-government’s reforms, as global rating agency Moody’s Investors Service upgraded India’s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.

Notably, Moody’s has revised the sovereign rating of India a notch above investment grade after a long gap of 14 years. Moody’s says that the reforms being pushed through by Modi’s government will help stabilize rising levels of debt. This one-level shift from the lowest investment-grade ranking puts India in line with the Philippines and Italy.

Many top market voices and economists welcomed the news, saying that this recognises the efforts of the Modi government, to put India on the path of growth.

In its report, Moody’s recognised the government’s efforts with regard to the new indirect tax regime of GST. Moody’s said that implementation of the new indirect tax regime has undermined growth over the near term, adding that it expects real GDP growth to moderate to 6.7% in the fiscal year ending in March 2018 (FY2017).

Moody’s said that GST will promote productivity by removing barriers to interstate trade.

Besides all the facts and figures that helped the country to evolve over the years, there is an element of prestige also involved for the Modi Government. The previous government’s wake-up call from its reform stupor came in the form of Standard & Poor’s threatening to cut India’s credit rating to junk. That very week, Prime Minister Manmohan Singh hurriedly announced a spate of relaxation of FDI restrictions, including that of multi-brand retail.

On the other hand, the Opposition parties have accused the Centre of neglecting ground realities and indulging in propaganda based on ratings from agencies abroad to deviate the attention of people from the real issues.

Commenting on the rating upgrade of Moody’s, the Congress said it is far away from what is happening on the ground. Congress leaders stated that whether Moody’s or (Prime Minister Narendra) Modi, both were not able to understand the mood of the nation.

Congress MP Rajeev Shukla stated that whatever they say do not have any reflection of the situation on the ground.

They asked the Centre to rather focus on correcting its mistakes on the policy front than holding such ratings as a certificate of its own performance.

Furthermore, the Left parties were also equally critical of the BJP’s reaction toSample the ratings. CPI(M) general secretary Sitaram Yechury said such TEXT ‘ratings’ reflect the ‘ease’ of how foreign business can milk India. He added that the Modi government wants the poor, the hungry, protesting farmers, jobless and those hit by the economy crumbling, to eat these ratings.

01

Whatever said and done on these ratings, people as well as small traders on the ground feeling the impact of Demoneisation and GST on the other way round and it is not encouraging at all.

Continued from page -1 for skill development in the Port and Maritime sector. This initiative will also add to the Make in India and Skill India efforts in the maritime sector. Mr Gadkari unveiled the logo of CEMS at the launch event in Cochin today.

A joint venture b/w CSL & HDPEL- Hooghly Cochin Shipyard Ltd. ( HCSL) has been incorporated with CSL 74% and HDPEL 26% shares in HCSL. A Shareholders agreement was signed between CSL and HDEPL at the conference today, for taking over manufacturing facilities of HDEPL in Kolkata.

With this, CSL is setting the stage for revival and strengthening of maritime heritage in Kolkata.

Mr Gadkari also visited Munnar, where he laid the foundation stone for rehabilitation and upgradation of NH 85 from Bodimettu to Munnar to two laned with paved shoulder.

The 42 km project has an estimated cost of Rs 380.76 Crores.

Gadkari stakes claim to UPA project for Cochin Shipyard According to The Hindu daily, Union Shipping and Transport Minister Nitin Gadkari who staked claim to conceptualising a key ship repair project, the International Ship Repair Facility (ISRF) of Cochin Shipyard (few days ago), which was originally conceived and for which pacts were signed during the term of the Congress-led United Progressive Alliance (UPA) government.

VO Chidambaranar Remembered at VOC Port Tuticorin Port Wings News Network eath Anniversary of legendary freedom fighter V.O.Chidambaranar was observed on 18 November 2017. Mr Pon Radhakrishnan, Union Minister of State for Shipping and Finance paid homage to the legendary freedom fighter by garlanding the statue of V.O.Chidambaranar, at Port Estate.

Mr I. Jeyakumar, IRTS, Chairman, V.O.Chidambaranar Port Trust, Mr S.Natarajan, Deputy Chairman, V.O. Chidambaranar Port Trust, also garlanded the statue of Chidambaranar.

Trustees, Union Leaders, Head of the Departments Officers, Employees, Port School Children and Public also paid homage to the National Leader.

CHIDAMBARANAR MUSEUM WITH GLOBAL STANDARDS Mr Pon Radhakrishdnan, Union

D

Phone Number

Name

Designation

7358020370/71

K.Sivakumar

Publisher cum Editor

7358020372

C.U.Satheesh

Marketing, SampleCirculation

7358020375

Richard Collins

Marketing - Tuticorin

04

TEXT

E-mails: marketing@portwings.in / editorial@portwings.in All payments shall be made in favour of “Universal Media Associates” payable at Chennai by Cash / Cheque / NEFT Transfer.

1 Year `600 Bank Name : HDFC BANK 2 years `1100 Branch : Parrys Corner, Chennai 600 001.

Account No. : 50200016324291 3 years `1500 IFSC Code : HDFC0000166 PAN : AADFU8138N Universal Media Associates Old No.72/ New No.149, 1st Floor, Srinivasa Complex, Linghi Street, Mannady, Chennai - 600 001.

SUBSCRIPTION

the future generations to know more about Swadeshism and the sufferings undergone by the leader in operating two ships to compete against the British.

He further stated that the plans are on the anvil by the Port to Deepen the Harbour Basin Mr Pon Radhakrishdnan, Union Minister of State for Shipping and Finance, honouring the photo of &Approach Channel legendary freedom fighter V.O.Chidambaranar on his to facilitate draft of death anniversary. Also seen Mr S.Natarajan, Deputy 16.50 metres (12.80m Chairman, V.O. Chidambaranar Port Trust (extreme left) and Mr I. Jeyakumar, IRTS, Chairman, present draft), Modify the Harbour Entrance V.O.Chidambaranar Port Trust (third from left). to 230 metres (153m present Minister of State for Shipping and Finance stated that Museum width), strengthen the berths 1 to on V.O. Chidambaranar on par 6 and convert the berths 3 & 4 as with global standards would be Container Terminal to handle Very established at Tuticorin within a Large Container Carriers (VLCC) up to 14000 TEUs capacity. He span of one year.

He further stated that the further added that the Outer harbor establishment of Museum on V.O. would be established on completion Chidambaranar would pave way for of the above projects at the Port.

Media Report: Solar Panels From China Stuck in Chennai Mumbai

Contact Numbers

G K VASAN APPROVED THE PROJECT Mr. Gadkari had claimed (at the meeting) that it was he who prodded Paul Antony, the then chairman of Cochin Port Trust (CPT); and Commodore K. Subramaniam, former chairman and managing director of Cochin Shipyard, to have a partnership project.

The CPT was making losses and was unable to pay even pensions.

So he asked if it could form a joint venture with the technologically strong Cochin Shipyard, which would benefit from it. That was how the idea was given, he said while laying the foundation for the project here on 17 November.

However, the project, expected to cost Rs 970 crore, was approved during the term of the UPA government when G.K. Vasan was the Union Shipping Minister.

The CPT had signed a pact with Cochin Shipyard for leasing out for a period of 30 years 42 acres of land owned by it on Willingdon Island in December, 2012 a good two years

before the present National Democratic Alliance (NDA) government came to power.

The signing was witnessed

by Milind Deora, the then Union Minister of State for Shipping.

A year later, the CPT, CSL and representatives of the port employees signed another agreement on the working and service conditions of the employees at the port workshop that was leased out to CSL for the ship repair facility.

Mr. Gadkari, however, chose to say he was instrumental in forging the idea of the project. K.V. Thomas, MP, who was a Minister in the UPA government, and Paul Antony, now Additional Chief Secretary (Industries) in the Kerala government, were present when he made the claim.

Prof. Thomas, who presided over the foundation laying function, had, in his speech, requested Mr. Gadkari to increase the land lease period from 30 years. He also wanted Mr. Gadkari to appoint a ‘proper’ chairman at the port.

“The entire financial burden of the CPT is caused by the dredging requirements for the International Container Transshipment Terminal at Vallarpadam, which has not done too well,” Prof. Thomas said, seeking the Minister’s intervention.

A

Port Wings News Network report in business daily The Hindu Business Line has stated that solar power producers are in a fix with over 1,000 containers of Chinese-made solar panels lying uncleared in Chennai following a dispute over Customs duty on them.

The report said that the bulk of solar panels, valued at about Rs 500 crore, were imported through the Chennai port, and a few through Katupalli and Krishnapattinam ports.

These panels were to be deployed in Telengana and Karnataka.

Customs claim The dispute between importers and Customs department has been going on for three to four months. It started at Nhava Sheva port but the impact has been more at Chennai.

Solar panels attract zero per cent Customs duty. However, Customs have categorised solar panels as ‘electrical motors and generators’ that attract 7.5 per cent duty, which is being disputed by importers.

Sources said the department maintains that the panels can be used directly to produce electricity.

However, importers argue that solar panels cannot be used directly, and that the power produced are sent to the power grid.

Govt subsidy Most of the importers, including a number of small-time companies, ordered the solar panels in view of the subsidy given by the government. The 7.5 per cent Customs duty was not factored in while placing the order.

Sources said that 1 MW of solar power require about five FEUs (forty foot equivalent units) loads of

solar panels.

Under the National Solar Mission approved by Union Cabinet on June 2015, the government has set a target for grid-connected solar power projects of nearly 100,000 MW by 2021-22. This necessitated bulk import of solar panels from China, sources said. The misclassification of solar modules by port authorities has created confusion and delays in the sector.

Developers are facing extremely competitive solar auctions, which means returns are low and every penny counts. By misclassifying solar panels, Customs have further disrupted development of projects by delaying some projects by months and also adding to project costs, said Raj Prabhu, CEO, Mercom Capital Group, a global renewable energy consulting company.

Nov. 22nd - 28th Issue

APSEZ Mundra Launches Paperless Mode of Transaction for Container Movement Ahmedabad Port Wings News Network PSEZ Mundra has announced the inauguration of e-Form-6 on 15 November 2017.The system was inaugurated

by Chief Guest Sanjay Agarwal, Commissioner of Customs, Mundra.

The occasion was also graced by Mr GP Mina and Mr B.K. Singh, Additional Commissioner of Customs, Mr Ennarasu Karunesan CEO Mundra & Tuna Port, Mr Avinash Rai, COO Mundra Port, Mr Mukesh Saxena COO SEZ, senior leadership of APSEZ Mundra Port and representatives from stakeholders including shipping lines and surveyors.

E-FORM-6 SYSTEM The e-form-6 system will facilitate paperless transaction connecting all stack-holders on a single application and containers can be moved from any place to anywhere across the globe using this platform.Earlier, the entire process was being done manually, with papers moving from

A

one table to another, which resulted in delay of dispatch of export / import units.

O t h e r b e n e f i t s i n c l u d e reduction in two-wheeler movement t h e r e b y improving s a f e t y , reduction in truck turnaround time saving truck idle hours and enable ease of doing business by improving visibility to the cargo owners, transporters, CFS and shipping lines.

Mr Ennarasu Karunesan, CEO Mundra &Tuna Ports, spoke on the occasion stating this initiative is aligned to Digital India Program and also in sync with Adani Group Chairman’s vision to make Mundra port a “Smart Port” in the country.

With this facility, exporters, importers, custom-brokers, surveyors, shipping lines, transporters and freight-forwarders

c a n henceforth b e n e f i t by simply entering data from any remote corner of India. He also explained how technology has helped to increase productivity, operational efficiency, and ease of doing business, which ultimately leads to better commerce.

Mr Sanjay Agarwal, while praising e-form-6 initiative, also appreciated APSEZ Mundra’s infrastructure and layout comparing it to a well-developed airport. He also pointed out that in-spite of large and continuously increasing volume; vehicular queue at Mundra port is negligible.

This is one of the most brilliant initiatives undertaken by the IT team at Mundra, who have left no stone unturned to make this project a success and for others to emulate.

More such initiatives in automation of various manual processes are also being undertaken here which, in future, shall help in speeding up the processes at ports.

Kongu Global Forum’s Efforts Pay Off, Air India Announces New Delhi – Coimbatore – Singapore Service Chennai

T

Port Wings News Network he sincere efforts put forth by the Kongu Global Forum has started paying off as the Air India Express has announced the introduction of flights from New Delhi – Coimbatore – Singapore sector operational from 18 November 2017.

With the new service, businessmen and travellers from Coimbatore, Tiruppur, Karur, Nilgris, Salem,

Erode and Namakkal areas and passengers from Palakkad in Kerala will also significantly get benefited.

It is worth to note here that Srilankan Airlines has already connected Coimbatore with Colombo since July 2017.

Kongu Global Forum Kongu Global Forum is an association of socially responsible representatives from seven districts comprising of Coimbatore, Tiruppur,

Karur, Nilgris, Salem, Erode and Namakkal formed during March 2017.

This Forum was started by a team of thirteen likeminded individuals to develop overall economy of the seven districts which are known for engineering and textiles from Coimbatore apparels from Tiruppur, agricultural & processed food & leather products from Erode, Steel from Salem, home textiles from Karur, poultry products from Namakkal and tourism from Ooty and Yercaud.

V.O. Chidambaranar Port Creates Three “Handling Records” in a Single Day Tuticorin Port Wings News Network O Chidambaranar Port Trust, one of the fastest growing major port under the administrative control of the Ministry of Shipping, Government of India, has created three new cargo handling records on a single day.

According to a media statement from the authorities, the port created a new record by handling 1,77,639 Tonnes of cargo in a single day on 16 November 2017 surpassing the previous “Single Day Record” of 1,65,189 Metric Tonnes on 11 November 2017. The major cargoes that contributed to the achievement are Limestone, Industrial Coal, Thermal Coal, Wheat, Copper Concentrate, Granite, General Cargoes and Containerized Cargoes.

Again, the Port also created a new record for the highest volume of cargo handled in a single day so far in this Port at IX berth by handling 50,118 Metric Tonnes of Lime stones from the vessel MV.Johanna Oldendorff surpassing the previous year record of 41,376 tonnes of Coal handled from a vessel MV. Shi Dai II on 13 November 2014.

Furthermore, the Port created another new record by handling 50,118 Metric Tonnes of Lime

V

VESSEL

Monday

VESSEL

ACS

VESSEL

ETA INKRI ETA Port Klang ETA Singapore ETA Cai Lan ETA Pusan Saturday

Wednesday

Thursday

Monday

Sunday

ETA Ulsan Monday

ETA Shanghai ETA Ningbo ETA Yantian Wednesday

Thursday

Line’s / NVO’s

Sunday

Hyundai Prestiege 47E 25-Nov 29-Nov 30-Nov 04-Dec 09-Dec 10-Dec 12-Dec 13-Dec 16-Dec Hyundai Paramount 28E 02-Dec 06-Dec 07-Dec 11-Dec 16-Dec 17-Dec 19-Dec 20-Dec 23-Dec Hyundai Privilege 46E 09-Dec 13-Dec 14-Dec 18-Dec 23-Dec 24-Dec 26-Dec 27-Dec 30-Dec HS Baffin 009 E 16-Dec 20-Dec 21-Dec 25-Dec 30-Dec 31-Dec 02-Jan 03-Jan 06-Jan Hyundai Premium 041E 23-Dec 27-Dec 28-Dec 01-Jan 06-Jan 07-Jan 09-Jan 10-Jan 13-Jan Hyundai Prestiege 48E 30-Dec 03-Jan 04-Jan 08-Jan 13-Jan 14-Jan 16-Jan 17-Jan 20-Jan VESSEL

Maersk Ganges 1719 Seasmile 1709 Irenes Warwick 1715 Kyparissia 1717 Wide Alpha 1719 Leonidio 1801 VESSEL

Kapitan Maslov 013S Taichung 010S

ETA INKRI Tuesday

ETA T. Pelepas Wednesday

ETA Xingang Sunday

CHX

ETA Qingdao Friday

ETA Busan Thursday

ETA Shanghai Saturday

ETA Nansha Sunday

28-Nov 06-Dec 16-Dec 18-Dec 20-Dec 23-Dec 26-Dec 05-Dec 13-Dec 23-Dec 25-Dec 27-Dec 30-Dec 02-Jan 12-Dec 20-Dec 30-Dec 01-Jan 03-Jan 06-Jan 09-Jan 19-Dec 27-Dec 06-Jan 08-Jan 10-Jan 13-Jan 16-Jan 26-Dec 03-Jan 13-Jan 15-Jan 17-Jan 20-Jan 23-Jan 02-Jan 10-Jan 20-Jan 22-Jan 24-Jan 27-Jan 30-Jan

CCS1

ETA INKRI

ETA CMB

22-Nov 24-Nov

SSL Kolkata 020 SSL Visakhapatnam 039

Line’s / NVO’s Loading in BOX Colombo Svc

25-Nov 26-Nov

Rice

VESSEL

Line’s / NVO’s Loading in CHX Svc

MSC & NVOs

COTTON

VESSEL

Sinar 1 v.010N Maersk & Safmarine

01-Dec 08-Dec 15-Dec 22-Dec

06-Dec 13-Dec 20-Dec27-Dec

BOX

Export Rake ETD ICD BLR ETA KPCT 24-Nov 25-Nov 28-Nov 29-Nov 29-Nov 30-Nov ETD ICD HYD ETA KPCT 25-Nov 26-Nov

MSC, SCI, HMM, APL, MOL, Smart Marine, BLPL, Seapol, Radiant Maritime, St.John, Hapag, Shreyas, Perma, Pil, CMA CGM, & AWATAC Line

02-Dec

PIX-2 Service (SCI & other NVOCCs)

ETD INKRI

ETA Kattupalli

26-Nov

ETA Tuticorin

27-Nov

Maersk / Safmarine

Line’s / NVO’s Loading in BOX Colombo Svc

Saturday

28-Nov

Line’s / NVO’s Loading

Wednesday

ETA CMB

Tuesday

SSL Delhi 011W

Mr I. Jeyakumar IRTS, Chairman, V.O Chidambaranar Port Trust, while thanking all the stake holders, Officers and the employees of the Port who have contributed to achieve these records, conveyed that this Port is continuously striving to achieve improvement in performance and productivity in order to attract more volume of traffic through the Port.

ETA Salalah

Friday

27-Nov 04-Dec 11-Dec 18-Dec

Ocean Prologue 016N

stones from the vessel MV.Johanna Oldendorff on 16 November 2 0 1 7 surpassing the previous record of 33,830 Metric Tonnes of Lime Stones handled from the vessel MV. Prabhu Lal on 04 September 2017.M/s. Seaport Shipping Pvt Ltd is the Vessel Agent and M/s. Seaport Logistics Pvt Ltd., is the Stevedoring Agent.

ETA Colombo

ETA INKRI

VESSEL

Hyundai & Zim

Maersk Feeder

ETA INKRI

Maersk Danube 1722 Maersk Euphrates 1722 Charlotte Schulte 1728 Maersk Danube 1724

VESSEL SCHEDULE @ KPCT

ETA Cochin

01-Dec

Coastal Service - East Coast Service

ETD INKRI

25-Nov 28-Nov

ETA Kolkata

ETA Vizag

28-Nov -

- -

ETA Haldia

ETA Kolkata

ETD INKRI

26-Nov

ETA KICT

ETA CMB

ETA Vizag

01-Dec

Train Schedule Connecting Vessel

08-Dec

- 01-Dec

East Coast Service (Samudera Bharath Feeder) 22-Nov

ETA Jebel Ali

02-Dec

Connecting Vessel

Maersk Danube 1722 Seasmile 1709 Hyundai Paramount 28E

Hyundai Prestiege 47E Maersk Danube 1722 Ocean Prologue 016N

Maersk Danube 1722

Maersk Danube 1722

Import Rake ETD KPCT ETA ICD BLR 25-Nov 26-Nov 29-Nov 30-Nov 30-Nov 01-Dec ETD KPCT ETA ICD HYD 27-Nov 28-Nov

Note: Above sailings are subject to change with or without notification. For further clarification, please liaise with carriers.

Granite

3

Solar Panels

Pharma

Chennai Vivek Nair +91 87544 10789 vivek.n@krishnapatnamport.com Hyderabad Mohan +91 90002 19789 mohan@krishnapatnamport.com Exports Narayanan +91 99421 71811 narayana.sl@krishnapatnamport.com Guntur / Vijayawada Praveen Kumar +91 91009 07236 praveen.kumar@krishnapatnamport.com Imports Rajeshwari +91 99406 12626 rajeshwari.s@krishnapatnamport.com Bengaluru Tom Joseph +91 98450 84254 tom.j@krishnapatnamport.com Sales&Coordination Santhosh +91 7550015375 santhosh.ponnudurai@krishnapatnamport.com Vizag Capt. Bijay Shekhar +91 91006 24455 shekhar.b@krishnapatnamport.com Singapore Capt. Gagan Mehrish +65 9061 3751 gaganmehrish@krishnapatnamport.com Coastal/Domestic Mr. Vishwas Mehresh +91 99786 58107 vishwas.mehresh@krishnapatnamport.com Krishnapatnam Port Office: P.O. Bag No. 1, Muthukur, Dist. Nellore - 524 344, Andhra Pradesh, India. Tel: +91 861 2377 999 / +91 970 4123 987 / 989 Fax +91 861 2377 046 | cs.kpct@krishnapatnamport.com

4

Nov. 22nd - 28th Issue

Mumbai Port Begins To Convert Sassoon Dock into Modern Fishing Harbour Mumbai

M

Port Wings News Network umbai Port Trust has commenced its development plans for Sassoon dock with the inauguration of an urban contemporary art exhibition by St+art India Foundation and its 30 participating artists.

Mr Sanjay Bhatia, Chairman, Mumbai Port Trust, said, “The art project at Sassoon Dock is the first phase of redeveloping the area into a modern fishing harbour by streamlining fishing activities replicating global practices. This initiative is part of the fourth pillar of the Sagarmala project to upgrade all fishing harbours across the country and modernise them.”

Mr Sanjay Bhatia stated: “Sassoon Dock is the first step in this direction and will be developed over four phases that will lead to better sanitation and cleanliness along with promoting fish tourism and excursion. The master plan for redevelopment also includes air-conditioned fish market, creche & healthcare facility, open exhibition space and multi-cuisine restaurants.”

SASSOON DOCK’S HISTORIC LEGACY Sassoon dock with its historic legacy, is the oldest dock from

where the port has evolved over the past 150 years. The port has been a standing testimony of the Mumbai’s evolution and this initiative of wall painting and murals and exhibiting the same is a step further in this direction.

Speaking at the inauguration, Giulia Ambrogi, Festival Curator & Co-Founder, St+art India said, “Urban art can change spaces and activate important places in the city. A huge thanks to Asian Paints for believing in us and for always supporting us, JSW for spreading art across the country and Mumbai Port Trust for believing in us and giving us this space to create beautiful artworks by artists across the world.”

With support from Asian Paints and association with Mumbai Port Trust, Singapore Tourism Board, Bonjour India, Institut Francais and JSW group, St+art Mumbai 2017

will mobilise artists to create murals, an experiential exhibition, performances, workshops, curated tours, screenings, talks and many more interventions, which will bring various creative communities together.

The aim is to connect these areas of modern Mumbai, which seem so distant from one another, yet are part of a shared history and explore how integral these spaces have been to the cultural history and development of the city. The Sassoon Dock Art Project will be open from 11 November to 30 December 2017.

Mumbai Port Trust is playing a pivotal role in India’s economy, trade and commerce as the country’s premier port for several decades, Mumbai Port has long been the principal gateway to India. Even today, with the development of other ports, it caters to 10% of the country’s sea-borne trade handled

by Major Ports of the country in terms of volume. Beyond trade and commerce, the port has always strived to maintain the ecological balance by opting for eWaste disposal, tree plantation, Botanical garden and Central Kitchen garden among others.

Trade Suffers at Mumbai Port as CBEC Remains Silent on Burning Issues Mumbai

G

Port Wings News Network oing against the tide of ease of doing business, Central Board of Excise and Customs (CBEC) have imposed significant hardships on the trade due to abrupt halting of landing and loading of trailers at Mumbai port from and to RORO vessel.

In a letter address to the CBEC, Mumbai and Nhava Sheva Agents Association (MANSA) have pointed out uncertainty and apprehension faced by the trade since September wherein Mumbai Port had held back all 160 trailers landed in their docks.

In absence of trailers, which are safe and effective, trade has now resorted to lift on lift off operations for special sensitive precision cargoes.

It may be recalled that as per public notice in October 2010 such trailers, unlike containers do not

leave the port premises throughout their stay. Hence there has been no violation of customs duty as it is not applicable under as per the act, the letter said.

In a recent letter addressed to the director (customs) of CBEC, MANSA said, “Unlike containers, trailers in their entire logistics cycle of import and export never leaves the port premises and remains in the custody of the port within custom bonded area and thus generally are not subjected to duty or guarantee

or Bond globally. We await your guidelines for trailers held up at Mumbai port for almost two months now.”

“No object for use of trailers and its declaration was raised by custom authority till date and with this sudden development has led the trade to come to a standstill,” the letter said.

Over the past two months, the trade has been incurring substantial financial losses with deferment of exports, as RORO Shipping lines are unable to utilize the trailers lying in port to carry out fresh cargo booking for suitable machinery and project cargo. These shipping lines are also incurring huge storage costs as per Mumbai port tariff for these trailers lying in the port area.

APM Terminals Pipavav Sets New Productivity Record Mumbai

A

Port Wings News Network PM Terminals Pipavav has set a new port productivity benchmark for customers by successfully handling the largest container volume during APL Boston port call.

According to a media statement, a total of 3636 moves / 5682 TEUs was safely completed in a record time of 21 hrs 25 minutes surpassing the earlier record of 3207 moves / 4755 TEU in August 2010. Equally important, a new berth productivity (BMPH) record was also achieved at 162.20 moves per hour surpassing the earlier record of 151.93 mph in July 2014. Of the total, consignment,

3224 TEUs were moved by rail from the port to northern hinterland.

Mr. Keld Pedersen, Managing Director of APM Terminals Pipavav said, “This is a proud moment for us at APM Terminals Pipavav.

Operational efficiencies are at the core of our value proposition and we are gratified that we were able to surpass our own productivity benchmark. The quick evacuation of

cargoes at port will enhance the efficiency for our customers.

We continue to do our best to deliver operational productivity for

all our customers.”

This operational milestone took place on 8 November, 2017 when operating the vessel M.V. APL Boston of the CIXA service operated jointly

by APL/CMA, OOCL, ZIM, Maersk & RCL. The weekly CIXA service connects Pipavav Port with Colombo, Singapore, Hong Kong, Shanghai, Ningbo, Xiamen & Chiwan.

Coastal Steel Consignment of RINL Arrives at Cochin Port

Cochin

G

Port Wings News Network overnment of India has embarked ambitious development projects based on Sea ports. Coastal shipping is one among the many such initiatives under the Sagarmala, the flag ship development project of Ministry of Shipping. As a beginning of this in Cochin, the first coastal movement

by Rashtriya Ispat Nigam Limited (RINL) happened on 12 November.

M.V Sabarimalai, the coastal cargo vessel carrying 5000 Tonnes of steel products consignment of RINL, arrived at Cochin yesterday evening from Visakhapatnam. This was the first steel consignment of RINL moved by coastal route from their plant at Visakhapatnam.

So long they were bringing their consignment for distribution in and around Kerala by rail to their stock yard.

On arrival, the Captain of the ship was welcomed by Traffic Manager in presence of the officials of the Port, RINL Cochin, the Agents M/s.

Shreyas Shipping, and the Stevedore. The arrival of the first consignment at Cochin emphasized the effort of the marketing team of the Port, which was having discussion with the

RINL authorities for more than a year for bringing this consignment to Cochin.

It may be mentioned there that on 31 October, 2017, Union Minister of Shipping and Union Minister of Steel jointly flagged off the first coastal consignment of Visakhapatnam Steel plant of RINL at Visakhapatnam Port.

The ship sailed from Visakhapatnam Port on 8 November, 2017 to reached Cochin on 12 November 2017. It is expected that coastal shipping will play a key role in the growth of steel sector in the county as logistics cost will be less giving a competitive advantage for the steel industry in the county.

As per the current plans, around 10,000 Tonnes of steel consignment of RINL is expected

every month and other companies like SAIL and JINDAL are expected to start such services in near future, giving additional cargo volume to the port.

Liquidity to Pay GST is Reason for Fall of Exports: FIEO President New Delhi Port Wings News Network eacting to the export data for the month of October, 2017, Mr Ganesh Kumar Gupta, President, Federation of Indian Export Organisations (FIEO) said that the fall was expected as exporters particularly MSME were facing liquidity problem to pay GST for four months in a row without getting any refund.

IMMEDIATE NEED FOR REMEDIAL MEASURES Mr Gupta said that there is immediate need for remedial measures to prevent further decline in exports otherwise the situation may be worse for November, 2017.

Implementation of the measures approved by GST Council is not taking place as a result challenges faced by the exporters remain the same, added FIEO Chief.

There is sharp fall in major labour-intensive sectors like Leather & Leather products, Gems & Jewellery, Handicrafts, Readymade garments, Carpets etc. The decline in these highly employment-intensive sectors is a

R

worrisome s i g n observed F I E O President.

The exports figure for the month of October, for Mr Ganesh Kumar Gupta, 2017, first President, Federation of Indian the Export Organisations (FIEO) time after 13 months in a row, have shown negative growth of 1.12 percent said Mr Ganesh Kumar Gupta as still 18 out of 30 major product groups, were in positive territory.

Mr Ganesh Kumar Gupta, however said that WTO’s latest World Trade Outlook Indicator (WTOI) also suggests that global merchandise trade growth will likely moderate in the fourth quarter of 2017. FIEO President further added that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome, complex and complicated affecting exports.

Special Story

Nov. 22nd - 28th Issue

CHABAHAR PORT: IRAN’S NEW ‘INDO-PACIFIC’ ACE CARD Chennai

O

Port Wings News Network n November 11, as US President Donald Trump was visiting Hanoi, Vietnam, trucks started arriving in Zaranj on the border between Iran and Afghanistan. On board the vehicles were the first shipments of wheat from India – 15,000 tons, with 7 more to follow – heading into Nimruz Province, Afghanistan from the Iranian port of Chabahar.

LINKED INDIA TO AFGHANISTAN These shipments, which departed India from the port of Kandla in Gujarat Province, will continue over the coming months and will follow a route designed over a decade ago to bypass and replace the existing land route that once linked India to Afghanistan via Pakistan, but which Pakistan cut off years ago to Indian commerce.

They fall under a trilateral agreement inked in May 2016 by Indian Prime Minister Narendra Modi, Iranian President Hassan Rouhani and Afghan President Ashraf Ghani.

INDIAN WHEAT SHIPMENT FROM KANDLA In Trump-like fashion, Prime Minister Narendra Modi tweeted, “I congratulate Afghanistan and Iran on Indian wheat shipment being flagged off from Kandla to Afghanistan through Chabahar” as the trucks rolled into Afghanistan.

Many critics had doubted that any shipments would ever make the journey.

India’s ambassador to Kabul, Manpreet Vohra told a crowd

gathered to greet the arriving trucks at Zaranj that 110,000 tons of wheat will be shipped to Afghanistan through Chabahar in the coming months, representing a portion of the 1.1 million tons promised as a “gift” by India to Afghanistan.

Vohra was critical of Pakistan’s restriction of Indian access to Afghanistan. He promised the latter that India would now ensure it could export and import goods routinely and quickly via Iran.

“We all know that a particular neighbor of yours to the east has often placed restrictions on your transit rights,” Vohra stated. “This [new route] will provide you guaranteed access to the sea.”

IRAN, INDIA, PAKISTAN, AFGHANISTAN MAP Nimruz Provincial Governor Mohammad Samiullah went further, telling the same crowd that Afghanistan would no longer be dependent on Karachi, where Afghan merchants have been

subjected to frequent border crossing closures and other impediments to trade.

Richard Rossow, a senior fellow who holds the Wadhwani Chair in US- India Policy Studies at the Washington, DCbased Center for Strategic and International Studies, told Asia Times via email that “Chabahar is very important to India. The country is committed to Afghanistan’s stability and reconstruction. Having direct, relatively inexpensive access is critical.”

He added: “Today, most access is indirect, or expensive – such as the new air route for supply delivery.

Flagging off the first wheat shipment to Afghanistan via Chabahar is a major step.”

Despite President Trump’s efforts to isolate Iran and accuse it of failing to comply with the terms of the nuclear deal signed by the last US administration, there have been unusual signs of support from important American players in Afghanistan.

AFGHANISTAN A VIABLE AND ECONOMIC ALTERNATIVE US Army General John Nicholson, commander of US combat operations in the country, spoke positively about the project during a Senate Armed Services Committee hearing in February. He described it as offering Afghanistan a viable and economic alternative to shipping all its goods via Pakistan.

“The US is asking India to

First Luxury Cruise Liner of the Season Visits Mormugao Port Panaji

T

Port Wings News Network he luxury cruise liner tourists season began with the arrival of the first cruise passenger ship MS NAUTICA at the Mormugao Port on 14 November 2017.

The vessel was berthed at the cruise berth terminal on its arrival. The Officials of the GTDC, Govt of Goa, were present at the cruise berth terminal to receive the state guests. They gave the visiting high end guests a traditional Goan welcome and presented Goan folk dances, music and pageantry at the cruise terminal. The cruise liner began its voyage to India from Dubai UAE on 5/11/17.

The first Port of call for the cruise liner in India was Mumbai. The vessel arrived with 553 pax and a crew of 393 on board.

The cruise liner brought in high end guests from USA (232), Canada(137), UK(46), Australia (28), New Zealand(19), Germany(18), Switzerland (9) Netherlands, Brazil, (11), Mexico, as well as from Argentina, Belgium, Taiwan, Bulgaria, Spain, etc. The visitors were taken for a sight- seeing tour of Goa’s famous tourists locations of churches, temples, beaches in the north and

south Goa, spice gardens, Panjim city etc. The ground arrangement for sight-seeing tours was handled by M/s. ITB. M/s. J. M. Baxi & Co., were the Shipping Agents for the cruise liner and handled all the ground logistics thereby making the short stay of the visiting guests a memorable experience. The Port Officials rendered all logistical support for smooth handling of the first cruise liner at the port. A tourist taxi

counter was operated at the cruise berth terminal to facilitate the guests to utilize smooth travel facilities within the State during their short stay. Authorised Forex counter was also operated at the cruise berth terminal by Cox & Kings to facilitate exchange of currency.

Family members of the Goan crew serving on board the cruise liner were also facilitated entry to the cruise berth terminal to meet their loved ones.

This year the Port is expecting 30 luxury cruise liners with 68,000 passengers likely to visit the port till the end of the season extending up to the month of May 2018, with a marginal increase in the passenger traffic as compared to last tourism season. The cruise liner, later in the evening sailed to Mangalore Port.

5

By Peter J. Brown (Asia Times )

consider increasing its support to Afghanistan, and I imagine India would use that opportunity to make the case that Iran provides a vital link to Afghanistan” “With over US$2 billion development aid executed since 2002, and another US$1 billion pledged in 2016, India’s significant investments in Afghan infrastructure, engineering, training, and humanitarian issues will help develop Afghan human capital and long-term stability,” he said.

Rossow points out that during his October trip to India, US Secretary of State Rex Tillerson was asked by the Indian media specifically about the US position on Chabahar.

“He clearly stated that India’s commercial interest in Iran, where it does not directly support Iran’s ‘malign behaviors,’ would not be a topic of concern to the US,” said Rossow.

INCREASING SUPPORT TO AFGHANISTAN “The US is asking India to consider increasing its support to Afghanistan, and I imagine India would use that opportunity to make the case that Iran provides a vital link to Afghanistan. In that context, the US may be more willing to tacitly support developments at Chabahar, as it helps India meet the request by the Trump Administration.”

India remains keenly aware of the security issues surrounding the opening of this new truck route, which has cost the lives of over 100 construction workers and other personnel over the past decade. What response might be forthcoming

from the Taliban, ISIS and other groups opposed to an expanding Indian presence in Afghanistan is uncertain.

“ASIA PACIFIC” TO “INDO-PACIFIC” Morever, in light of Trump’s somewhat unexpected shift from an “Asia Pacific” to an “Indo-Pacific” definition of the region, it is unclear how or even if this new perspective dovetails with India’s embrace of Iran as it attempts greater access to Afghanistan.

“The term ‘Indo-Pacific’ as expanding on ‘Asia-Pacific’ highlights South Asia’s emerging role in issues that cover all of Asia,” said Rossow.

“Right or wrong, Asia-Pacific has tended to mean, in practice, littoral Pacific states. In a very real sense, this would mean the region covered by US Pacific Command. I am not certain we consider Iran or the African coast, for instance, in our planning for the ‘Indo-Pacific.’

So even ‘Indo-Pacific’ may not mean every nation which touches the Indian Ocean directly in terms of emerging practical cooperation and planning.”

India used the opening of the route to underscore its commitment to Afghanistan in terms of a much broader agenda involving joint reconstruction projects and other programs.

Regardless of how definitions of ‘Indo-Pacific’ sort out, it is clear that much more than shipments of wheat will result from this significant new connection.

K.S.R.FrEIGHT FOrWArDErs (P) LTD. Corpoate 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: murthy_krishna@ksrindia.net, pradeak_sk@ksrindia.net

branches Bengaluru ksr freight forwarders (p) ltd.

No.12, 8th Main Road, Chandremouleswara Layout, Hunasmaranhalli, Jala Hobli, International Airport Road, Bengaluru - 562 157.

Mob: 07760980009 E-mail: anand@ksrindia.net

hyderabad ksr freight forwarders (p) ltd.

H/No. 23-178, 1st Floor, Madhura Nagar, Shamshabad, Airport Road, Hyderabad - 501 218.

Tel: +91 8413 222428 E-mail: sreekumar@ksrindia.net

kandla ksr freight forwarders (p) ltd.

Office No.10, G.F.Mani Complex, Plot No-84, Sector - 8, Nr. Ramleela Ground, Gandhidham, Kutch - 370201. Gujarat, India.

Tel: +91 2836-229279 Email: kandla@ksrindia.net mumbai ksr freight forwarders (p) ltd.

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 new delhi ksr freight forwarders (p) ltd.

No.07, First Floor, Nathu Apparment, Road No.4, Street No.9, Mahipalpur Extension, New Delhi - 110037, India.

Tel: +91 (011) 30498531 Email: delhi@ksrindia.net, justin@ksrindia.net tuticorin ksr freight forwarders (p) ltd.

No.5B/438A, S N R Nagar, Caldwell Colony, 1st Street, Tuticorin - 628008 (TN), Tel: +91 (0461) 2375842 Email: kskanthan@ksrindia.net

kolkata ksr freight forwarders (p) ltd.

22, Lake Place, 2nd Floor, Kolkata - 700029.

Tel: 91+(33) 40614134 Mob: 9038011590 E-mail: kolkata@ksrindia.net mundra ksr freight forwarders (p) ltd.

Office No.10, G.F.Mani Complex, Plot No-84, Sector - 8, Nr. Ramleela Ground, Gandhidham, Kutch - 370201. Gujarat, India.

Tel: +91 2836-229279 Email: mundra@ksrindia.net sullurpeta ksr freight forwarders (p) ltd.

EB No. 1164, Adityanagar, Near HP Petroliam Depot, Tada, SPSR Nellore (D.T) A.P., PIN-524401 Tel: +91 (8623) 249648 Fax: +91 (8623) 249648 E-mail: ksr_spet@ksrindia.net visakhapatnam ksr freight forwarders (p) ltd.

No. 31-38-17, Rajiv Nagar, Rasalama Colony, Duvvada, Visakhapatnam - 530 046.

Tel: +91 (891)2574990 / 2705072 E-mail: giribabu@ksrindia.net

kandla ksr freight forwarders (p) ltd.

Office No.10, G.F.Mani Complex, Plot No-84, Sector - 8, Nr. Ramleela Ground, Gandhidham, Kutch - 370201. Gujarat, India.

Tel: +91 2836-229279 Email: kandla@ksrindia.net

Petrapole KSR FREIGHT FORWARDERS PVT LTD Jatindra Bhavan, Petrapole, Land Phone-(03215)-245087.

Ctc – Sujay Neogi – 9073365079 & 9153146072 Subha - 8348608738 Email: cs.ccu@ksrindia.net

Website: www.ksrindia.org

6

Vessel Position at Terminals - (22.11.2017 TO 29.11.17)

Nov. 22nd - 28th Issue

7

CITPL - Chennai

CCTL - Chennai Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

SPIRIT OF MUMBAI

Colombo, Krishnapatnam

22/11

23/11

ACS

HYUNDAI PRESTIGE

047E

HMM

OCEAN PROLOGUE

Colombo

Kattupalli, Krihsnapatnam, West Port Klang, Singapore, Shanghai

ETA

ETD

Service

Vessel Name

21/11

22/11

SIF

22/11

23/11

BOX1

Voy

Agent/Line

PSA Sical - Tuticorin ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

E.G.M.NO.

21/11

22/11

FEEDER

Cape Nemo

314

BTL

Colombo

138666-13/11

24/11

25/11

FEEDER

Cape Nemo

315

BTL

Colombo

22/11

23/11

FEEDER

St.John Box

034

St.John Faith / SJF

Colombo

26/11

27/11

FEEDER

St.John Box

035

St.John Faith / SJF

Colombo

20/11

PIX 2

SSL BHARAT

SSL

23/11

MD1

WAN HAI 508

45540E

WAN

West Port Klang , Port Klang, Vizag

23/11

SCM

NYK PAULA

164

TSC

West Port Klang , Port Klang, Singapore,

24/11

24/11

FME

FELIXSTOWE BRIDGE

057E

RCL

West Port Klang, Singapore, Shanghai, Pusan

24/11

24/11

SCM

NAVIOS VERMILLION

30

TCX

Kattupalli, West Port Klang, Singapore, L. Chemp

Kattupalli

138988-17/11

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 19/11

22/11 22/11

KPCT, CHENNAI, TUTICORIN, COCHIN, JEBELALI

21/11

22/11

SMILE

SSL BRAMBHAPUTRA

SSL

COCHIN, TUTICORIN, MUNDRA, PIPAVA

22/11

23/11

TCI

TCI ARJUN

VSP

MUNDRA, COCHIN, TUTICORIN

23/11

24/11

Feeder

ER SYDNEY

BTL

Colombo, Tuticorin

23/11

25/11

PIX2

LAL BAHADUR SHASTRI

SCI

KPCT, CHENNAI, TUTICORIN, COCHIN, JEBELALI

ICTT - Vallarpadam

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

22/11

23/11

CCG

MESSINI

059E

EMC

Jebel Ali, Cochin, Colombo, Chennai, Vizag

23/11

24/11

BULK

EASTERN HIGHWAY

V89

KKK

24/11

25/11

ACS

HYUNDAI PRESTIGE

47

HMM

27/11

28/11

PIX1

SSL DELHI

1-11

SHR

KPCT, Krishnapatnam ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

21/11

22/11

CSI

KAPITAN MASLOV

013S

MSC & NVOs

Colombo

23/11

24/11

CSI

TAICHUNG

010S

MSC & NVOs

Colombo

24/11

25/11

ACS

HYUNDAI PRESTIEGE

47E

Hyundai & Zim

Port Klang, Singapore, Cai Lan Pusan, Ulsan Shanghia, Ningbo

Vessel Name

Voy

Agent/Line

Calling Ports

27/11

28/11

CHX

MAERSK GANGES

1719

24/11

OEL INDIA

278

TSA

Cochin, Colombo

Maersk & Safmarine

T. Pelepas, Xingang Qingdoa, Busan, Shangahi, Nansha

25/11

26/11

PIX 2

SSL DELHI

011W

SCI

Krishnaptnam, Tuticorin, Cochin, Jebel Ali

25/11

26/11

EMIRATES HANA

01742

ESA

27/11

28/11

FEEDER

MAERSK DANUBE

1722

Colombo, Salalah

25/11

26/11

SCI MUMBAI

SM381

SCI

Maersk & Safmarine

25/11

26/11

AL KHARJ

7138

HPL

27/11

28/11

SVC

OCEAN PROLOGUE

016N

MSC, SCI,

Colombo

25/11

26/11

LAL BAHADUR SHASTRI

SM380

SCI

26/11

27/11

BALBINA

01745W

ESA

ETA

ETD

23/11

Service

JNPT - Mumbai ETA

APM Terminal - Mumbai ETA

ETD

22/11

23/11

Service

Vessel Name

Voy

Agent/Line

Calling Ports

MAERSK KLAIPEDA

044E

Hapag Lloyd

Port Klang, Nhava Sheva, Pipavav, Hong Kong, Ningbo, Shanghai...

ETD

Service

Vessel Name

22/11

23/11

AIS

PIRAEUS

23/11

24/11

C12

WAN HAI 502

24/11

25/11

NDX

CARPATHIA

25/11

26/11

CISC

EVER UNISON

26/11

27/11

INDMEX

CMA CGM NERVAL

27/11

28/11

IGS

OEL TRANSWORLD

22/11

23/11

AS CARINTHIA

23/11

24/11

X-PRESS KAILASH

23/11

24/11

TASMAN

24/11

25/11

NORTHERN JAVELIN

25/11

26/11

NORTHERN PRACTISE

26/11

27/11

HYUNDAI DYNASTY

ETA

ETD

25/11

26/11

OOCL HAMBURG

22/11

23/11

27/11

28/11

ITAL MODERNA

Vessel Name

28/11

ICX

HYUNDAI FAITH

29/11

IGI

NORTHERN PRELUDE

Agent/Line

Calling Ports

KMD

Port Klang, Nhava Sheva

Adani Mundra Container Terminal - Mundra

Adani International Container Terminal - Mundra Service

27/11 28/11

Voy

Voy

Agent/Line

Vessel Name

Voy

Agent/Line

Calling Ports

WAN HAI 503

WAN HAI LINES

Port Klang, Colombo, Jebel Ali, Karachi...

22/11

23/11

NORTHERN JAVELIN

HAPAG LLOYD

24/11

25/11

NORTHERN GENERAL

MBK LOGISTIX

24/11

25/11

EVER DIAMOND

EVERGREEN SHIPG

24/11

25/11

YM ORCHID

MARINECONTAINERSERV.

25/11

26/11

KOTA KAYA

PIL MUMBAI

ETA

ETD

22/11

23/11

SARAYU

MBK LOGISTIX

25/11

26/11

PIRAEUS

T. S. LINES

22/11

23/11

E.R. FELIXSTOWE

MSC MEDITERRANEAN

26/11

27/11

SABYA

HAPAG LLOYD

22/11

23/11

MSC VITTORIA

MSC

27/11

28/11

ZANTE

COSCO

23/11

24/11

SSL KOCHI

SHREYAS

28/11

29/11

GROUSE HUNTER

TRANSWORLD

23/11

24/11

MSC FABIOLA

MSC

23/11

24/11

MSC TOPAZ

MSC

24/11

25/11

SSL MUMBAI

SHREYAS

24/11

25/11

MSC MANYA

MSC

25/11

26/11

MSC CHICAGO

MSC

27/11

28/11

SSL BRAHMAPUTRA

SHREYAS

28/11

29/11

MSC TOMOKO

MSC

Calling Ports

Service

Mundra International Container Terminal ETA

Adani CMA Mundra Terminal Pvt. Ltd. ETA

ETD

22/11

23/11

22/11

Service

Vessel Name

Voy

Agent/Line

Calling Ports

SEASPAN LINGUE

CMA CGM S.A.

Tianjinxingang, Qingdao, Kaohsiung...

23/11

AL YASRA

POSEIDON SHIPPING

24/11

25/11

E.R.TIANSHAN

STAR SHIPPING

26/11

27/11

CENTAURUS

CMA CGM S.A.

27/11

28/11

CMA CGM VIRGINIA

CMA CGM S.A.

28/11

29/11

EVER UNISON

EVERGREEN

28/11

29/11

HYUNDAI DYNASTY

SEABRIDGE

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.

ETD

Service

Vessel Name

Voy

Agent/Line

22/11

23/11

TORRENTE

HAPAG LLOYD

22/11

23/11

HUGO SCHULTE

HAPAG LLOYD

Calling Ports

23/11

24/11

TESSA

EMIRATES SHIPG

25/11

26/11

OEL TRANSWORLD

MBK LOGISTIX

26/11

27/11

MAERSK GUATEMALA

MAERSK LINE

27/11

28/11

MAERSK SALINA

MAERSK LINE

28/11

29/11

FRISIA AMSTERDAM

MAERSK LINE

28/11

29/11

CMA CGM NERVAL

CMA CGM S.A.

NSICT - Mumbai ETA

ETD

Service

Vessel Name

22/11

22/11

MESAWA

23/11

23/11

25/11

25/11

25/11 26/11 27/11

Voy

Agent/Line

Calling Ports

SEASPAN LINGUE

CCA

Port Elizabeth, Durban, Port Louis, Jebel Ali...

NDUS

MSC CHICAGO

MSC

EPIC

MSC TOMOKO

MSC

25/11

IIX

AYSAN

RIS

26/11

MECL

NORTHERNMONUMENT

MSK

27/11

MWE

HANSA AMERICA

MSK

Nov. 22nd - 28th Issue

Daily Report: Decks Cleared for First Mega CEZ; 45 companies May Invest Mumbai

A

Port Wings News Network report in leading business daily Economic Times revealed that the government has given the go-ahead for setting up India’s first mega coastal economic zone (CEZ) at the Jawaharlal Nehru Port in Maharashtra as part of a plan to develop 14 such industrial clusters to spur manufacturing and generate jobs.

About 45 companies across telecom, auto and IT sectors will soon bid for 200 hectares of land to set up manufacturing units in the zone, senior officials told ET. The plan envisages a total investment of Rs 15,000 crore in the first phase and creation of more than 1.5 lakh jobs, they said. “The idea is to attract large firms interested in serving the export markets as they would bring with them technology, capital, good management and links to the world markets,” said one of the officials, who did not wish to be identified.

“This in turn would help create an ecosystem around them in which productive small and medium firms would emerge and flourish,” the official said. The Union Cabinet had last year approved setting up of

14 mega CEZs under the National Perspective Plan of the Sagarmala Programme, with an aim to promote development of industrial clusters around ports, encourage portled development, reduce logistics cost and time for movement of cargo, enhance global competitiveness of India’s manufacturing sector and create hubs of job creation.

These zones are expected to provide business-friendly ecosystem including ease of doing business, ease of exporting and importing, swift decisions on applications for environmental clearances, and speedy water and electricity connections. The Jawaharlal Nehru Port is among the busiest cargo ports in the country, but it has sufficient available land. That is why it has been chosen over other ports to kick-start the concept which was first mooted by the erstwhile NITI Aayog vice-chairman Arvind Panagariya.

The port handles over 40% of India’s export-import volume because of deep-draft ports capable of accommodating very large and heavily loaded ships. CEZs are spatial economic regions comprising a group of coastal districts or districts with a strong linkage to ports in that region to tap into synergies with the

planned industrial corridor projects.

The country’s first mega CEZ will stretch along north Konkan region spread across Nashik, Thane, Mumbai, Pune and Raigarh.

The government’s plan envisages investment of $100 billion (about Rs 6.5 lakh crore) in industrial development for port-led economic growth in maritime sector and inland waterways, water transport, coastal and cruise shipping, and solar and wind energy generation to boost the country’s growth momentum considering India’s huge coastline of 7,500 km. The government hopes to add two percentage points to India’s GDP through creation of world class infrastructure.

It would be sensible to set up EOUs in the coastal zones. There’s huge potential to boost exports of labour-intensive items such as textiles, garments and ready-mades, provided we can reap economies of scale and have the required capability to meet high-volume export demand. The gestation period for labour-intensive units is also likely to be far shorter. But they need to be flexible and innovative, to keep up with changing tastes and demand patterns.

Indian Register of Shipping Launches Centre of Excellence in Maritime and Shipbuilding Mumbai

I

Port Wings News Network ndian Register of Shipping (IRClass), a leading classification society,has announced the formation of a special purpose vehicle – ‘Centre of Excellence in Maritime and Shipbuilding’ (CEMS)in association with Ministry of Shipping and Siemens.

In view of demand of various industries within the maritime sector, the current market scenario and the effect and needs of Sagarmala projects (to bridge the skill gap and for up skilling of the current workforce) the need for a Centre of Excellence(COE) in shipbuilding and maritime sector was strongly felt.

The Centre of Excellence will primarily cater to the need for design of commercial ships in India for seagoing, coastal and inland

waterways operation. This would support various Indian shipyards for their ship design needs for basic design and detailed working design for production. The centre will also study the market needs and develop appropriate ship designs catering to the requirements for the development and growth of Indian shipping considering the needs of ship owners and operators in the country.

CEMS will deploy an industryrelevant skill development program, and equip students with employable engineering and technical skills in the areas of Ship Hull Design, Ship Detailed Design, Shipbuilding & Maintenance, Repair & Overhaul (MRO), Product Lifecycle Management (PLM), and advanced digital manufacturingfactory concepts.

The Centre of Excellence will have two campuses – one at IRS

Mumbai and the other at IMU Vishakapatnam.

The physical infrastructure already exists at both the campuses and only minor changes and upgrades are required.

By using the existing buildings and other infrastructure facilities, the COE would create world-class lab infrastructure.

The COE aims to provide 50 courses across 18 specializations; covering 770 modules out of which 270 will be tools and algorithm based courses while 500 will be process and sector based. Mr. Arun Sharma, Executive Chairman, said, “For IRS it is a watershed moment to be entering the area of skill development in Maritime and Shipbuilding, both synergistic and complementary. We are proud to be partnering both Government of India and Siemens. We look forward to create something world class”.

Media Report: Land Transfer to Ease Tata Steel’s Subarnarekha Port Acquisition Mumbai

A

Port Wings News Network decision by the Odisha government to hand over 692 acres of land for the first phase development of Subarnarekha port off the coast of north Odisha is expected to ease Tata Steel’s acquisition of controlling stake in the port.

Tata Steel in January this year, has already inked a definitive agreement with Chennai-based Creative Port Development Pvt Ltd (CPDPL) to pick up 51 per cent equity in the port project from the original promoters.

“The state government has decided in principle to transfer 692 acres of land for development of Subarnarekha port in the first phase.

After vetting by the law department, the land would be leased out to the concessionaire”, said a senior Odisha government official.

The Defence ministry which had earlier raised certain objections, has

also given its nod for development of a port at the chosen site, he added. The Subarnarekha river mouth is envisaged to be developed as a commercial port on the build, own, operate, share and transfer (BOOST) model.

The cost of acquisition will depend on the capital outlay of the project which is under investigation and will be firmed up after studies are completed.

CPDPL, promoted by two technical entrepreneurs, Ramani Ramaswamy and Ramaswamy Rangarajan, had entered into a concession agreement with the Odisha government in January 2008 to develop the Subarnarekha port in Balasore district as an all-weather deep-draft facility. A detailed engineering study to arrive at the configuration and the project cost will be undertaken soon.

For Tata Steel, the Subarnarekha port is expected to address its long-term strategic needs. The port location also makes it attractive for the company to

structurally enhance the competitive position of its Indian operations, especially the Kalinganagar greenfield steel project in Odisha.

The port project proposed at Subarnarekha needs 1215.43 acres of land for the port area and 1565.93 acres for the rail corridor. Out of 1215.43 acres of land needed for the port area, 158 acres constitute Gochar land, 193 acres Bhudan land, 138 acres of encroached land and the remaining 724 acres being free land.

According to the concession agreement signed originally, the port would have an initial capacity of 10 million tonnes per annum (mtpa) which was to be scaled up to 40 mtpa in 10 years. As per this agreement, the port developer would share revenue with the state government at the rate of five per cent from first to fifth year, eight per cent from sixth to 10th year, 10 per cent from 11th to 15th year and 12 per cent for the remaining 15 years.

7

NEWS - BITS Pakistani Hackers Deface Chennai Customs Website

A group of hackers said to be from Pakistan has hacked the website of the Chennai customs department, www.chennaicustoms.gov.in, few days ago. The website, which was down for hours, carried a message of “SH11 Team Pak cyber skulls”. Besides, slogans demanding a “free Kashmir” and comments against Prime Minister Narendra Modi and the Indian Army were posted on it until the Indian establishment acted upon to restore the site.

The message on the portal read “Go Modi Go” and stated that the reason for hacking the website was to spread the message of freedom for Kashmir. The post also read that “Kashmir does not want militarised government”. The site’s cached image showed the Indian flag in flames.

According to media reports, the local police said they had not received any complaint in this regard. The website was retrieved after two hours and officials are checking on details that were hacked from the website. Investigation on the hack is also said to be underway. This is not the first time that Chennai customs website is hacked, a few years ago another group of hackers was successful in doing so.

Cochin Chamber to Celebrate its 160 years of its Existence ‘A friend, philosopher and guide’ to businesses, the Cochin Chamber of Commerce and Industry is celebrating 160 years of its birth.

The celebrations will bring into sharp focus the permanence of change and the transience of trends, technology, and business models. Vice President M. Venkaiah Naidu will inaugurate the celebrations in the city on November 22 in the presence of Governor P. Sathasivam and a host of other dignitaries. The Cochin Chamber has had its own moments of pride.

It was one of the promoter chambers of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), New Delhi, the oldest national chamber of its kind in the country.

Mega Business Expo to be Held at Hyderabad on Nov 25-26 Hyderabad is all set to host India’s only International Expo for Trade, Industry, MSMEs & Startups, the ‘Skill Seeds International MSME and Startup Expo 2017’ from 25-26 November 2017 at the NSIC Campus, ECIL, Hyderabad.

The expo will provide an excellent platform for Businesses to exhibit their products & services, network & find new business opportunities, markets, buyers, sellers, raw materials, investments & share knowledge about Central / State Government’s new promotional schemes, policies & legislations etc.

The expo is expected to see a participation of 20,000+ visitors, 100+ exhibitors, 20+ private equity bank funds, 30+ ministries, MLA, MLC, 100+ B2B/B2C meetings, 25+ PSU’s- Ind. departments etc. Also, there would be stalls to showcase individual enterprises/startups, for which the tariff will be according to the size of the enterprises starting from Rs. 10,000 to Rs. 25,000.

VOC Port Team Defeats Goa Port in Kabaddi Match

The All India Major Ports Kabaddi Tournament, organized by V.O. Chidambaranar Port Sports Council and Major Ports Sports Control Board commenced on 16.11.2017 at 6.30 PM at Port School Ground.

The Tournament was inaugurated by Mr S. Natarajan, Deputy Chairman, V.O. Chidambaranar Port Trust and Mr S. Saravanan, IAS, Assistant Collector, Thoothukudi District, graced the occasion as Chief Guest. The inaugural match was played between the host V.O. Chidambaranar Port and Goa Port and Chidambaranar Port emerged as winner.

Major Port teams from Chennai, Mumbai, Goa, Vishakhapatnam, Paradip, Jawaharlal Nehru Port besides host V.O. Chidambaranar Port are participating in the three-day event.

Russian Railways Receive Highest Rating from Credit Rating Agency

The Analytical Credit Rating Agency (JSC ACRA) has assigned JSC Russian Railways a maximum credit rating of AAA (RU) with a stable outlook and assigned a credit rating of AAA (RU) to all current issues of local bonds.

This rating reflects an assessment at the level of financial obligations of the government of the Russian Federation, which is due to the high systemic importance of JSC Russian Railways for the Russian economy and its important relationship with the state.

Among the significant factors that influenced the assessment, the agency also notes the strong industry profile of the company, which is supported by its position as a monopoly, the stability of the company’s business segment and high profitability of operations, and its moderate level of debt with a high level of liquidity.

CUSTOMS EXCHANGE RATES Notification No.103/2017 (N.T.) ALL RATES PER UNIT

FOREIGN CURRENCY Australian Dollar Bahrain Dinar Canadian Dollar Chinese Yuan Danish Kroner EURO Hong Kong Dollar Kuwait Dinar New Zealand Dollar Norwegian Kroner Pound Sterling Qatari Riyal Saudi Arabian Riyal Singapore Dollar South African Rand Swedish Kroner Swiss Franc UAE Dirham US Dollar Japanese Yen Kenya Shilling

with effect from 02nd Nov. 2017

RATE (INR) Import Export 50.65 177.15 51.10 9. 95 10.30 76.50 8.40 220.80 45.60 8.10 87.10 17. 65 17.80 48.25 4.80 7.85 65.70 18.15 65.40 57.65 64.40

48.90 165.50 49.50 9.60 9.90 73.90 8.15 206.60 43.80 7.80 84.25 16.15 16.65 46.75 4.50 7.55 63.55 17.00 63.70 55.70 60.15

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/CNI/GPO/067/2015-17 Posted at Pathrika Channel, Egmore, RMS, Chennai-8.

Date of Publication - Tuesday, Posted on Tuesday / Wednesday

8

WTO’s Goods Council Discusses US Proposal to Enhance Transparency Chennai

T

Port Wings News Network he WTO Goods Council on 10 November considered the United States’ proposal to enhance transparency and strengthen notification requirements through a decision intended for the upcoming 11th Ministerial Conference (MC11) in Buenos Aires. The Council also took up e-commerce proposals and specific trade concerns.

WTO Goods Agreements The US, introducing its proposal first circulated on 30 October, noted that a large number of members fail to comply with notification requirements under the various WTO Goods Agreements. This leads to a lack of transparency, undermines the proper functioning and operation of the agreements, and makes difficult the conduct of negotiations, the US said.

The US then explained the key elements of its proposal, which includes “administrative measures” for WTO members that fail to provide a required notification after a certain time, an extension in the period for submitting notifications related to agriculture, and an obligation to notify additional information on fishery subsidy programs.

Enhancing transparency All members who took the floor were in agreement that enhancing transparency and improving members’ compliance with notification requirements were important objectives. A number of members took issue with the administrative measures in the US

proposal and said that punishing members would hurt those who were genuinely struggling to meet the requirements. Some of the notification requirements under the WTO Agreements were too technical, they said, and were not fully understood by the different authorities designated to produce the submissions. Some members remarked that there may not be enough time to build consensus on the proposal ahead of MC11.

Several members said that, with regard to proposed notifications on fisheries subsidies, the issue would be best addressed at MC11 as part of a possible broader agreement on disciplining fisheries subsidies. A number of members indicated that they needed to study the document further.

The US thanked members for their responses and said it gave them useful material for their continued reflection. The US added that if members could not come to an agreement by MC11, it would like members to continue working on the proposal afterwards.

Specific trade concerns Australia, Canada, the EU, Russia, New Zealand and Brazil expressed concern over the quantitative restrictions on imported beans which India was allegedly imposing. India said it will notify details about the measure at an appropriate time.

India’s customs duties on ICT products Members also took up trade concerns that had already been brought up in previous Council meetings such as India’s customs duties on information communication technology products; the US’ Section 232 investigations on steel and aluminium products; the US Seafood Import Monitoring Programme; Indonesia’s import and export restricting policies and practices, including those affecting fish products from Latvia and Estonia; Russia’s trade restricting practices affecting cement, pharmaceuticals, hides and skins; Egypt’s manufacturer registration system; and Brazil’s measures on banana imports. The full meeting agenda is available here.

Furthermore, the Council approved four collective waiver requests received from the Committee on Market Access in connection with the introduction of changes in certain members’ schedules of tariff concessions following the introduction of Harmonized System (HS) for tariff codes of 2002, 2007, 2012, and 2017.

The Council also took note of four regional and free trade agreements and approved the derestriction of historical negotiating materials.

Next meeting The next regular meeting of the Goods Council is scheduled for 15 March 2018. The chair, Ambassador CHOI KyongLim (Korea), said he will be make a formal announcement then to begin the process for consultations for the appointment of officers to WTO bodies for 2018.

QTerminals’ Board of Directors Appoints Neville Bissett as CEO Chennai

T

Port Wings News Network he Board of Directors of QTerminals, the recentlyestablished operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer.

QTerminals was established as a jointly-owned entity by Qatar Ports Management Company (Mwani Qatar) and Qatar Navigation (Milaha), with the former owning 51% and the latter 49% of the company.

Mr. Bissett brings a wealth of international experience in port management and terminal operations.

Prior to joining QTerminals, he was the general manager of Ports Development Company, the master developer and Port Authority

of King Abdullah Port (KAP) in Saudi Arabia; the managing director of an AP Moeller Te r m i n a l s ( A P M T ) joint venture in Africa; and with Hutchison Port Holdings, he was the chief executive officer of Alexandria International Container Terminals (AICT) and, subsequently, Tanzania International Container Terminals (TICT), among other senior management roles in the Middle East, Africa, and Europe.

Commenting on his appointment, Mr. Bissett said: “I am very excited to be joining QTerminals just as Hamad Port has been inaugurated

by HH the Emir Sheikh Tamim bin Hamad AlThani. Our priority will be to ensure the smooth, safe, and efficient flow of trade in and out of Qatar, and to maximize the capacity of the port as soon as possible. Our mission is not an easy one, but our capable team will strive each day to set the standard for quality of service and reliability in port operations through innovation, partnership, and accountability.”

Hamad Port, a major element of Qatar National Vision 2030, began operations in early October 2016. In its first phase, the port is capable of handling 2 million TEUs annually, and the number will rise to 7.5 million TEUs upon scheduled completion in 2020. Hamad Port spans 28.5 square kilometers, and allows the latest generation of vessels to berth.

Hapag-Lloyd Delivers Significantly Higher Operating Result Chennai

H

Port Wings News Network apag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT).

The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year.

For the third quarter the net profit amounted to EUR 54.3 million (prior-year period: EUR 8.2 million), the EBIT rose to EUR 180.6 million (prior-year period: EUR 65.6 million), and the EBITDA stood at EUR 361.5 million (prioryear period: EUR 184.6 million).

In the first nine months of 2017, Hapag-Lloyd was able to achieve an EBITDA and EBIT of EUR

721.9 million (prior-year period: EUR 381.3 million) and EUR 267.9 million (prior-year period: EUR 25.9 million), and a positive Group profit result after taxes of EUR 8.2 million (prior-year period: EUR -133.9 million).

Transport volume increased by 24.4% in the first nine months, from 5.65 million TEU to 7.03 million TEU, transport expenses (excluding bunker costs) only rose by 17.8% – primarily due to cost savings as well as additional fleet and network optimization.

Freight rates continued to recover in the third quarter, standing at 1,060 USD/TEU after nine months (prioryear period: 1,037 USD/TEU).

Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said, “The good operating result that we

have achieved after three quarters is not only due to the positive development of the global economy and the increasing global container transportation volume.”

Rolf Habben Jansen stated: “The quick and smooth integration of UASC into the Hapag-Lloyd Group has also played a crucial role. We have already been able to realize the first synergies resulting from the merger which will help us to further solidify our position in the sector.”

The basic parameters for the 2017 forecast remain unchanged from those published in the 2017 half-year financial statement. Hapag-Lloyd continues to expect a significant rise in transport volumes, a significant rise in bunker price and an unchanged average freight rate. EBITDA and EBIT are also expected to rise significantly.

Nov. 22nd - 28th Issue

DP World, Mali Government Sign MoU for Development of Trade and Logistics Mumbai

T

Port Wings News Network he transformation of Dubai and the UAE is the result of vision, innovation and planning ahead for the long term said DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem at the Investment Corporation of Dubai (ICD) Global Investment Forum in Dubai on 16 November.

Mr Bin Sulayem was speaking on a panel discussion entitled ‘Investment opportunities in Dubai’ and shed light on DP World’s integral role in the growth of the city into a global trade hub. The company enables trade for about 50% of the world’s economy, while its flagship Jebel Ali port is the leading port in Middle East and a gateway to more than 2 billion people. With its free zone, the port sits at the crossroads of world trade, offering businessfriendly processes to attract customers and together they contribute to over 20% of Dubai’s GDP. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “Dubai dared to dream and its vision became reality resulting in its transformation into a leader in everything it does. Anticipating change, thinking smart and planning for the future provided the foundations on which we build today and tomorrow and now we are in the Digital Age where the pace of change and new technologies happens faster than ever before we need to keep learning to survive and flourish. Innovation and the application of these technologies are at the heart of our business and our Jebel Ali port is among the world’s most technologically advanced.

Customers expect faster, more efficient and costeffective services and we need to be able to deliver what they need even before they know they need it to stay competitive. This is why we’re always on the lookout for

new investment opportunities and technologies, such as Hyperloop One in which we’re a partner. We want to be a part of the industry’s future disruption and not a victim.

Talent management, long term partnerships (PPPs), smart trade, economic diversification and a sustainable long-term approach will all drive our future. As a founding partner of Dubai’s Area 2071 initiative, we will also continue to work alongside the UAE’s leaders, committing our expertise to exploring new solutions to the transformation of our society.”

Mr Bin Sulayem added that those that embrace game changing technologies and breakthroughs such as Blockchain, the Internet of Things, Big Data, Artificial Intelligence, Robotics and

autonomous vehicles will also lead in the future. He noted that the IOT alone was expected to contribute between USD $10-15 trillion to the global economy over the next twenty years.

At the conference, Mr Bin Sulayem met with Mr Ibrahim Boubacar Keita, President of Mali, and signed an MoU under which DP World, in partnership with the Government of Mali, will develop a master plan to enhance trade and logistics and unlock the resource rich country’s economic potential.

The plan includes a transportation and logistics strategy with electronic customs processes, replicating DP World’s successful model with Dubai Trade at its flagship Jebel Ali Port and Freezone in Dubai. The partners will continue discussions and carry out due diligence studies on the infrastructure projects that fit with the government’s development goals.

Cabinet Approves MoU between India, Poland For Promotion of Civil Aviation Cooperation New Delhi Port Wings News Network he Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing the Memorandum of Understanding (MoU) between India and Poland for the Promotion of Civil Aviation Cooperation. The MoU will be signed on behalf of the two countries after its approval by the two Governments. The MoU would be for a term of five years.

The objective of the MoU is to recognize the mutual benefit of Cooperation in the field of Civil Aviation having particular significance in establishing and improving Regional Air Connectivity in India. Apart from this both sides will recognize the mutual benefits of environmental testing or approvals, flight simulators monitoring and approvals, aircraft maintenance facilities approvals, maintenance personnel approvals and aircrew members approvals.

T

The main areas of this Memorandum of Understanding to promote ad facilitate mutual cooperation includes support in the civil aviation market by reviewing any legal and procedural i s s u e s which may adversely a f f e c t cooperation between India and Poland, Exchange of information and expertise between the Ministries and respective Civil Aviation Authorities related to aviation regulations, regional air operations, airworthiness requirements and safety standards to enhance safety and security of air transport.

Besides, the MoU includes regular dialogue or meetings for exchange of information; knowledge, expertise and experiences between Ministries and respective Civil Aviation safety related development of mutual interest to the parties, and collaboration on research and studies on aviation safety interest topics and issues of mutual interest.

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.