Port Wings 07 Feb 2018 Issue

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Feb. 7th - 13th Issue

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

Wednesday, February 7, 2018

8 Pages

India’s Logistics Sector to Reach US$ 215 bn by 2020: Survey Chennai

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Port Wings News Network he country’s logistics industry which is worth around USD 160 billion is likely to touch USD 215 billion in the next two years with the implementation of GST, Economic Survey has said.

“With the implementation of GST, the Indian logistics market is expected to reach about USD 215 billion in 2020, growing at a CAGR of 10.5 per cent,” Economic Survey 2017-18 tabled in Parliament said.

The Indian logistics industry which provides employment to more than 22 million people has grown at a compound annual growth rate (CAGR) of 7.8 per cent during the last five years, it said.

GLOBAL RANKING OF THE WORLD BANK’S 2016 LOGISTICS PERFORMANCE INDEX The Global Ranking of the World Bank’s 2016 Logistics Performance Index shows that India jumped to 35th rank in 2016 from 54th rank in 2014 in terms of overall logistics performance. India has improved its rank in all the six components of logistics performance index, it added.

Realising the importance of the sector and to address the inefficiencies, the government has included the sector in the Harmonised Master List of Infrastructure Subsector.

“Inclusion of logistics sector in the Harmonised Master List of Infrastructure Subsector will benefit the sector in many ways,” it said.

It will be helpful in facilitating the credit flow into the sector with longer tenures and reasonable interest rates, it said adding the infrastructure status will simplify the process of approval for construction of multi modal logistics (parks) facilities that includes both storage and transport infrastructure.

“It will encourage market accountability through regulatory authority and will attract investments from debt and pension funds into recognised projects,” it added.

To a large extent, the logistics sector in India remains unorganised, it said adding the industry is facing challenges such as high cost of logistics impacting competitiveness in domestic and global market, underdeveloped material handling infrastructure, fragmented warehousing and lack of seamless movement of goods across modes, among others.

IMPORTANT TO FOCUS ON NEW TECHNOLOGY “In order to develop this sector in an integrated way, it is important to

focus on new technology, improved investment, skilling, removing bottlenecks, improving inter modal transportation, automation, single window system for giving clearances, and simplifying processes,” it added.

By recognising the importance of the sector, a new logistics division has been created in the Department of Commerce to develop and coordinate integrated development of the industry, improvement in existing procedures, identification of bottlenecks and gaps, and introduction of technology-based interventions in this sector, the survey said.

Improving logistics sector has huge implication on exports and it is estimated that a 10 per cent decrease in indirect logistics cost can increase 5-8 per cent of exports.

Apart from increasing trade, better performance in logistics will augment programmes like Make in India, and also enable India to become an important part of the global supply chain.

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Wing 4 Feather 25

Adani Foundation launches Adani Vidya Mandir in Chhattisgarh Mumbai

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Port Wings News Network dani Foundation part of the Adani Group, a global integrated infrastructure conglomerate, on 2 February 2018 inaugurated a special CBSE school Adani Vidya Mandir (AVM) and a Vocational Training Center (Kaushal Vikas Kendra) at Surguja, Chhattisgarh catering towards the welfare of the children and youth of the tribal communities in Surguja, Chhattishgarh, in presence of Chief Minister, Chhattisgarh, Dr. Raman Singh.

The school will cater to 12 villages in the surrounding mining areas, and will also include nearly 561 students belonging to tribal communities.

The school currently offers CBSE curriculum till the 10th std and offers each child with freeof-cost study material, uniforms, conveyance and food. Adani Vidya Mandir will emerge as the torchbearer of education in the state of Chhattisgarh.

Speaking on the occasion, Dr. Priti Adani, Chairperson, Adani Foundation said, “We are delighted to see that Adani Foundation is touching new heights. As India’s leading infrastructure conglomerate, we understand the importance of providing the right amenities to ensure children receive high quality education and appropriate skill development for a fruitful future.”

Dr. Priti Adani stated: “We are also heartened to see the number of girls that have enrolled at the

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school. We aim to educate as many girl’s as possible because we ardently believe that girl’s education can bring about a silent revolution in the society. It is our fervent desire that both - Adani Vidya Mandir and Kaushal Vikas Kendra play an important role in nurturing future talent.”

Speaking on Adani’s presence in Chhattisgarh Mr. Vinay Prakash, (CEO - Mining & Trading and Director, Adani Enterprises Ltd)

said, “The bond between Adani Group and Chhattisgarh is strong, warm and significant. Our journey with Chhattisgarh began in 2009 with our Mining Business when we were appointed as MDO for RRUVNL. Our relation and operations with RRUVNL is a perfect example of a PPP functioning successfully”.

He further explained that, the inauguration of Adani Vidya Mandir and Kaushal Vikas Kendra are two futuristic developments which have the potential to create an environment of entrepreneurship among the children and youth of Surguja. “Our DREAM is to see the youth of Surguja to study from Adani Vidya Mandir, go for higher education and lead one of our mining Contd. on page -2

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Tamil Chamber Of Commerce Welcome...

Pg-2 First Container Arrives at Bharat Mumbai... Pg-3 Economic Survey Pin Hope on Exports: FIEO... Pg-3 Port Supports Six Thousand Families...

Summary of Budget 2018-19...

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Vessel Position at Terminals and Ports...

Latest Customs Exchange Rates...

Volga-Dnepr Ensures First-Class Arrival in...

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Air Freight Demand up 9% in 2017...

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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

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Feb. 7th - 13th Issue

Adani Foundation launches...

Wednesday, February 7, 2018

Wing 4 Feather 25

Logistics Need More Focus From Government

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ince the last decade, logistics industry in India has been on a roller coaster ride especially due to the mega push given to infrastructure spending to kickstart the economy. As per the ICRA report, Indian logistics industry is bound to grow at the rate of 9-10% per annum.

In Logistics, it is often said that plan is nothing, planning is everything. And, with the Union budgets, the biggest issue has been the same – it remains a plan which often gets cheated in terms of spending.

Logistics is the lifeline of an economy as it involves the efficient management of forwarding and reverses the flow of goods and services across the country.

The sector primarily consists of transportation (via rail, road, air or water), warehousing, cold storage, logistics optimisation and also involves packaging solutions.

By global standards also, India’s logistics performance has improved as is evident with the claims of the World Bank Logistics Performance Index (LPI) which showed in its last Index that India has jumped to the 35th rank in 2016 from the 54th in 2014. And, the government expects the logistics industry to grow to $360 Bn by 2032 from the current $115 Bn. The logistics sector is expected to create one million employment opportunities by 2021.

The Associated Chambers of Commerce and Industry in India (ASSOCHAM) hope on big opportunity for logistics.

The 2017 budget also allowed 100% FDI in warehousing which could prove to be a big boost to the logistics startups in terms of easier access to foreign capital along with a smooth transfer of the latest technology and managerial know how.

The logistics sector has witnessed a paradigm shift in terms of taxation related matters after the implementation of GST. The tax reform has been successful in translating India’s multi-layered taxation system into a unified one, eliminating many bureaucratic hurdles and improving the ease of doing business. Apart from tax compliance issue, GST has also reduced in-transit time delay of goods and therefore, helped in ensuring an efficient and smooth flow of goods.

Logistics sector has seen a paradigm shift post the GST implementation. The single & uniform tax reform called for a major re-fashioning of supply chain operations and strategies. Nagpur, Sample for instance, has seen a skyrocketing growth in land prices as the TEXT possibility of catering to three major states from one warehouse opens up immense opportunities.”

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Now the 2018 Budget too has come, and it is remain to see in coming months on how the Logistics sector going to grow with the directions and allocations.

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cafeteria and recreation facilities.

The institute will offer training in various trades such as electrical, hospitality, fitter and welder, mining skill with simulator, sewing machine operation (tailoring) and also computer lab facility.

Adani Foundation symbolizes the values of courage, trust and commitment.

Touching more than 4,00,000 plus families &

passionately acting on four core areas - Education; Community Health, Sustainable Livelihood Development and Rural Infrastructure Development, Adani Foundation not only acts towards inclusive growth and sustainable development of the communities where Adani Group works, but also contributes towards nation building.

Paradip Port Achieves Highest Ever Monthly Cargo Throughput Paradip

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Port Wings News Network aradip Port Trust clocked all time monthly volume record in terms of Cargo Handling as it handled 10.18 MMT cargo in January 2018 thus by achieving its highest ever monthly total.

Addressing the gathering of the Port Users and stake holders along with other government officials, Mr Rinkesh Roy, Chairman, PPT, described it to be a historic day for the Port.

He credited the all-round efforts of the officials and employees of Traffic Deptt., Marine Deptt., MCHP Division and IOHP Division for this tremendous performance.

The PPT Chairman expressed that, the way Port is increasing its cargo handling, it seems that, PPT will cross the coveted mark of 100 MMT cargo handling in the current fiscal.

The previous record for total monthly cargo handling was reached

only a month ago in December of 2017, when 9.5 MMT cargo was handled.

The MCHP has handled the highest no. of rakes i.e. 570 in the month of January, 2018, whereas the IOHP handled 116 rakes. TheMarine Dept successfully conducted a record no. of 467 shipping movements during the same period.

Tamil Chamber Of Commerce Welcome Defence Industrial Production Corridors Project Chennai

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Port Wings News Network he Tamil Chamber of Commerce has welcomed and appreciated the Union Finance Minister Mr Arun jaitley and Union Defence Minister Ms.Nirmala Sitharaman for announcing the First Defence Industrial Production Corridors Project connecting Chennai in Tamil Nadu.

In a media statement, Mr Chozha Naachiar Rajasekar, President, Tamil Chamber of Commerce and National Executive Committee Member of Assocham, said that the Tamil Chamber of Commerce wish the project should be executed immediately by allotting required fund and to complete the project in time.

“We like record here, The Tamil Chamber of Commerce along with ASSOCHAM conducted several meetings and seminars for improving the defence production

in Tamil Nadu. In this connection, Ms Nirmala Sithraman, Defence Minister also participated in the meeting in Chennai and promised to take up this project. Now she had fulfilled her promise as requested by The Tamil Chamber of Commerce and ASSOCHAM,”

he added.

We truly appreciate her efforts and sincere thanks for bringing the project in Tamil Nadu and also for introducing industryfriendly military production policy to promote the domestic defence industry, he further added.

Mr. C P Rao, principal commissioner of GST, addressing in a budget analysis meeting organised by Tamil chamber of commerce on 2nd Feb at Chennai. Mr. Rajkumar, Secretary, TCC, Mr. Nagappan, Oriental stocks, Mr. Chozhanachiar Rajasekaran, President, TCC,

Madras Chamber Commends New Budget Chennai

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Continued from page -1 verticals in future”, he shared with the audience.

The Kaushal Vikas Kendra’s state-of-the-art facility with ground plus one structure will cater to 1000 youth across different trades. It is a modern workshop with separate hostel facilities for 80 boys and girls each inside an integrated lush green complex encompassing

Port Wings News Network he Madras Chamber of Commerce and Industry (MCCI) has commented that this is a “Smart Budget”, balancing both the welfare and developmental agendas. The noteworthy and laudable point of the budget is that it packs in a lot of welfare without an excessive dose of subsidies and concessions.

The strong inclusive agenda of the budget is underscored by the generous allocations and encouragement measures to the Agriculture and allied sector, boost to rural infrastructure, healthcare provision for the poor, and MSMEs. The largesse in favour of the agricultural, rural and underprivileged was not unexpected but the unprecedented Rs 5 lac medical insurance cover per family for nearly 10 crore poor families is innovative. The MSMEs have a lot

to cheer for in this budget, both in direct and indirect forms.

NOTHING MUCH FOR THE PORTS SECTOR Ms. Gayathri Sriram, Vice President MCCI, stated: “The expansion and deepening of bond market would leave more funds with banks to lend to MSME sector, which has been neglected for long. These are steps in the right direction” she said.

“As far as the Infrastructure sector is concerned, the government has maintained the momentum with additional allocations including Rs 14.34 lac crore towards rural infrastructure, expansion plans for more airports, and the Bharatmala project for better road connectivity. Surprisingly, there was nothing much for the Ports sector, although the need for stepping up exports was mentioned,” she added.

Ms. Gayathri Sriram stated: “The thrust given to Education sector, especially with the launch

of Revitalising Infrastructure and Systems in Education by 2022 is laudable, as it would lead to better skill development a n d employment.”

“The budget has a clear slant towards the Agriculture sector, as was expected. A number of initiatives for agriculture and food processing have been announced which are welcome. Cess on Imports which has been increased from 3% to 10% could lead to inflation as input tax credit cannot be claimed.

There is no reduction in MAT rate, which is disappointing. Though the MSME’s have been benefitted with regard to Corporate Tax, there has been no specific measure for ensuring ease of doing business,” Ms. Gayathri Sriram added.

Feb. 7th - 13th Issue

First Container Arrives at Bharat Mumbai Container Terminals Mumbai

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Port Wings News Network harat Mumbai Container Terminals Private Limited (BMCT), promoted by one of the leading global port groups PSA International, on 29 January 2018 received its first container arriving by road during a gate opening ceremony officiated by Mr Vivek Johri, IRS, Chief Commissioner Customs, Jawaharlal Nehru Customs House.

According to a media statement from the company, the container will be loaded on CMA-CGM’s vessel “Centaurus,” which arrives at BMCT on 2 February 2018.

With 8 in-gates and 8 out-gates, paperless transactions, weighbridge and radiation detection facilities, BMCT’s Phase 1 gate complex brings new levels of sophistication and efficiency to the Nhava Sheva area.

PSA’s Bharat Mumbai Container Terminals (BMCT) is located in Jawaharlal Nehru Port (JNP) in Maharashtra, India’s largest and premier container gateway.

It serves the important industrial and manufacturing centres and cities in Northwest India, as well as India’s largest hinterland with a population in excess of 400 million.

The development of BMCT, JNP’s fourth container terminal, will cater

to the ever-increasing demand for container handling capacity, boost export / import trade and increase economic activities between India and other countries.

When BMCT is fully completed, it will have a berth length of 2,000 metres and the deepest berths in JNP to handle large super post-panamax vessels.

It will also be equipped with the latest technology and equipment to offer customers fast turnaround of their vessels. BMCT is well-connected by major highways and rail networks to key markets in Maharashtra, Gujarat, and the National Capital Region of India. Phase 1 of BMCT is expected to commence operations by end of 2017.

The first containers arriving by road will be followed by containers arriving by rail and barge. BMCT currently has 165 employees, of which around 80 % are

Maharashtrians and has recruited all its trainees from the local area.

Many jobs have also been created at BMCT’s operating contractors and more will be created as the company’s business grows, particularly when Phase 2 construction begins. BMCT’s Container Equipment Specialist (CES) trainees, who have undergone intensive training at PSA’s other ports in India, have returned to Mumbai for the start of BMCT’s operations.

Mr Suresh Amirapu, BMCT’s CEO, said, “We have received immense help from Customs and many other agencies to get to this point. We are honoured to welcome the first container together with Customs before our first vessel call later this week. These are exciting times ahead for the trade as BMCT introduces game-changing capacity and facilities into the market.”

Economic Survey Pin Hope on Exports: FIEO President New Delhi Port Wings News Network conomic Survey pin hope on exports amidst global recovery, Budget to add to competitiveness of exports for job creation: Mr Ganesh Kumar Gupta, President, FIEO Reacting to the global trade development in the Economic Survey, which projects 4% growth in global trade in 2018, Mr G K Gupta, President, FIEO said that such growth augur well for Indian exports as we have always been either above the curve or below the curve. Whenever, global trade has done well, Indian exports have posted much encouraging results.

However, the budget should look into the challenges faced by the export sector including loss of competitiveness of labour-intensive sectors, constant appreciation of Indian Rupee, less than flexible labour laws, need of skilling and improvement in logistics & infrastructure.

FIEO Chief said that the Economic Survey has rightly recognized that embedded taxes arising from products left outside GST (petroleum and electricity) and those that arise from inverted duty structure with nil duty on the final product, needs to be compensated and Union Budget should announce a policy decision for factoring them through Duty Drawback route.

Mr G K Gupta said that the focus of the Union Budget should be on job creation including in export sector thereby providing fiscal support to employment-intensive sectors in exports.

The expenditure incurred by the industry on imparting skills or on overseas marketing may be provided tax deduction at 100%.

The legal issues requiring amendment in GST Law including an exemption from IGST on imports/inputs required for exports, a comprehensive drawback Scheme for MSME to provide refund of

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GST and Customs Duty, procedural Mr Ganesh Kumar Gupta, changes to allow GST President, FIEO refund at let export order, etc. needs to be addressed through the Budget/ Finance Bill.

With a view to double farmers’ income, the Budget should allocate substantial fund for backward and forward linkages in agriculture including in cold chains and warehouses so that we build on a stable Agri Policy, likely to be announced soon, said President, FIEO. The Need For Boosting Exports: Dr Sakthivel While welcoming the Economic Survey 2018 placed in the Parliament on 29 January 2018, Dr A Sakthivel, Regional Chairman, Federation of Indian Export Organisations (FIEO) Southern Region said that the Survey pointing on revival of Economy and opined that Indian Exports will show double digit growth in the coming years irrespective of

growing protectionism across the world.

The finding of the survey that Indian exports are much less concentrated by firms: Top 1% of Indian exporters account for 38 percent of exports, share much greater in other countries: 72, 68, 67, and 55 % in Brazil, Germany, Mexico, & USA, Dr. Sakthivel said that various initiatives taken by the Government helped the start ups to become successful in international trade.

While stressing the for continuation of Duty Drawback and ROSL, Dr. Sakthivel said that in order to keep the momentum of exports and make it competitive, the schemes should continue for 2018-19 financial year period until India attain a respectable 5% share in global trade and all the impeded taxes involved in export products being refunded.

If GDP growth is to pick up to 7.5% as envisaged, we need to generate more employment opportunities and higher export growth is having potential to generate huge employment opportunities. For this, further support is needed for making export competitive.

Logistics sector to benefit from National Logistics Portal Chennai Port Wings News Network he government’s plan to develop a National Logistics Portal as a single online window to link all stakeholders will significantly help the logistics industry by dealing with a single ministry than with seven different ministries, said R Dinesh, Joint Managing Director, TV Sundram Iyengar & Sons Pvt Ltd, and Deputy Chairman, CII Southern Region.

CII Institute of Logistics had in January signed a memorandum of

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understanding with the Commerce Ministry and to get one core ministry with which the industry could deal with all major issues.

Earlier, there were seven different ministries, including railways, highways and civil aviation. Now, it will be a single portal. This is the single biggest change with this common portal coming, he said reacting to setting up of the portal, which will be developed by the Department of Commerce.

The portal will also mean more focus on digitisation, which will bring significant improvement in ease of doing business, he said.

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Snowman Logistics Expands Capacity, Adds New Warehouse at Krishnapatnam Port Chennai

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Port Wings News Network nowman Logistics Ltd, a cold chain & integrated temperature controlled logistics service provider, inaugurated their new temperature-controlled warehousing facility at the Gateway Distriparks Logistics Park at Krishnapatnam, Andhra Pradesh.

The facility has a capacity of 3,600 pallets in temperature control and an additional 10,000 sq ft of dry warehousing space, along with related infrastructure that includes seven handling and loading bays, G+5 racking systems, blast freezing, variable temperature chambers, technology integration and modern handling equipment. Another key feature is a dedicated room for value added services relevant to the seafood export industry.

“With the addition of the Snowman facility to the Gateway Distriparks Logistics Park, we are in a position to offer an end to end solution to exporters and importers of temperature controlled products.

The resultant synergies will help unlock value for shareholders of both companies as well” said Prem Kishan Gupta, Chairman, Snowman Logistics Limited.

With the addition of the new facility, the total capacity of Snowman Logistics has now increased to 1,07,200 pallets, as part of its ongoing expansion strategy which was announced earlier.

Snowman Logistics currently extends backend support to reputed brands in sectors such as seafood, poultry, dairy, restaurants, hotels, pharmaceutical and industrial products among others.

Growth Oriented Budget For Transformation: Hindustan Chamber Chennai

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Port Wings News Network industan Chamber of Commerce has welcomed the growth oriented Budget presented by Mr Arun Jaitley, Finance Minister of India. The Budget has largely focused on uplift of agricultural sector, along with major push to healthcare and education sectors is a welcome measure, the chamber said in a statement.

Mr N. Mahaveerchand Dugar, President, Hindustan Chamber Of Commerce, said, “Corporate Tax at 25% to the Companies having turn over not more than Rs.250/crores, NITI Aayog to establish a national programme for artificial intelligence, Disinvestment target of 80 k cr for FY18-19 vs 75k cr., SEBI to encourage corporates to borrow upto 25% through bond market and to consider mandating large corporation to meet 1/4th of debt needs, NHAI to make use of TOT model and INVITS to mobilise funds for investment in road infra, and expansion of Airport capacity are positive announcements.”

Mahaveerchand Dugar stated:

“Steps to use blockchain technology to support the digital economy and not supporting use of cryptocurrencies used as a medium for illegitimate transactions, merging of three staterun insurance companies – National Insurance, United India Insurance and Oriental Insurance, introduction of 24 new medical colleges including upgrading certain existing colleges; Health Care Protection through National Health Protection Scheme to cover 10 crores poor families pan India by providing cover of Rs.5 lakh each family are also positive announcements.”

He added that announcements like -- to expedite spending on infrastructure and focus on infrastructure creation, to create 42 mega food parks to support processed food industry, contribution of 12% EPF share to new employees, establishing Defense Industrial Corridor are also sounds good.

However, the association stated that increase in Cess by 1% will increase the prices and MSME sector should be given soft loan at MCLR Bank interest.

Cochin Shipyard Signs MoU with Russian Firm for Development of Vessels New Delhi Port Wings News Network ochin Shipyard Limited (CSL) and Joint Stock Company United Shipbuilding Corporation (USC), Russia have signed a Memorandum of Understanding (MoU) to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for Inland and Coastal Waterways. The MoU was signed by Shri Madhu S Nair, Chairman & Managing Director, Cochin Shipyard Limited and Mr Alexey Rakhmanov, President, United Shipbuilding Corporation, in the presence of Shri Nitin Gadkari, Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Govt. of India in New Delhi.

CSL and USC will collaborate for development of High-Speed Vessels, River-Sea Cargo Vessels, Passenger Vessels, Dredgers, and other watercrafts for inland waterways and coastal shipping.

The MoU will give a push to the Government’s Make-in-India programme, as also its plans to develop eco-friendly and economic transportation along India’s inland

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waterways and coastal shipping routes under SAGARMALA. Once the infrastructure for water based transport is in place there will be a demand for different kinds of specialized vessels in the near and medium term. The MoU is an effort to get ready to cater to this demand.

USC, a Joint Stock company is the largest shipbuilding holding in Russia incorporating about 40 enterprises

including shipyards, with more than 300 years of experience, which have been key contributors to the growth of inland waterways in Russia.

CSL has recently incorporated a JV Company called HCSL (Hooghly Cochin Shipyard Limited) at Kolkata, West Bengal, with plans of setting up an exclusive facility for construction and repair of vessels for inland and coastal waterways. CSL’s capacity augmentation will help capture the growth and employment opportunities that will open up from the development of inland waterways and coastal shipping in the country.

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Feb. 7th - 13th Issue

Port Supports Six Thousand Families Directly: Mormugao Port Chairman Panaji

Mr Jeyakumar, earlier unfurled the National Flag, inspected the ceremonial parade and took the salute at the Republic Day celebrations at the port.

The March Past was held by the CISF Contingent of the Port, followed by the students of Deepvihar Primary, Secondary and Higher Secondary schools, and the Port Fire Brigade. School students rendered patriotic songs on the occasion. Officers and staff of the Marine Department, the Fire Brigade section and CISF personnel were honoured at the Republic Day function and presented with certificates and cash prizes for the commendable service rendered to the Port.

An impressive and colourful

cultural pageantry was presented by the students of the educational institutions run by the Mormugao Port Trust Education Society as well as Asha Deep New Dawn School, to mark the Republic Day celebrations in Port. The CISF contingent of the Port presented self defense techniques.

The Chairman later along with the HODs visited the Mormugao Port Hospital accompanied by his wife Ms J Jayalakshmi where they were welcomed by Dr. Nimish Pillai, Chief Medical Officer, MPT Hospital, and the senior Medical Officers and staff. The Chairman and his wife interacted with the inpatients at the port hospital inquiring about their health, well being and distributed fruits to all.

Chennai Customs Brokers’ Association Organises Medical Camp Chennai

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Port Wings News Network he Chennai Customs Brokers’ Association (CCBA) jointly with Chennai Customs, Chennai National Hospital, Chennai & Lions Club of Madras United City 324A1 D organized a Mega Free Medical Camp – 2018 on 24 January 2018.

Mr M Ajit Kumar, Chief Commissioner of Customs, Chennai Zone inaugurated the camp. The Chief Commissioner appreciated CCBA’s efforts and initiative taken for arranging this medical camp particularly in taking care of their member’s health.

Mr S Nataraja, CCBA President, welcomed all the dignitaries and members to the medical camp and announced that CCBA’s first priority would be member’s health awareness and similar camps will be continued at different locations for the benefit of all the members.

About 480 members from CB

fraternity and customs officials and staff attended in the camp and 55 members donated blood through Lions Club. Various specialist doctors attended for Cardiology, ECG, Gynecologist, Eye Screening, Ortho, Dental, ENT, and also Diabetics, Blood Pressure and other General Health Check-up.

Mr C B Bujangaram, Vice president/Convener and Mr CMR. Ananth Sairam, Co-Convener and

PRO with Executive Committee members of CCBA, coordinated and took the lead to make it a grand success.

Mr Sabrish Mohan Kumar. Jt. Managing Director, Chennai National Hospital, Dr. Balakrishnan Kavirasu (Siddha), Dr B. Bharath Shankar, (Specialist in Posture Alignment), Commissioners, Mr Rajan Choudhry, Mr S.P.Sahu and Smt Padmasri participated in the inaugural function and also attended in the camp.

Upon conclusion of the successful camp, CCBA felicitated all doctors and the entire team of Chennai National Hospital. CCBA Secretary Mr R.N. Sekar thanked all Customs Officials and other team of members from Chennai National Hospital for their great support for conducting this mega medical camp in the successful manner.

GAC Logistics Sri Lanka, Hemas Transportation Join Hands, Open New Container Yard at Wattala Chennai

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Port Wings News Network AC Logistics Sri Lanka and Hemas Transportation have opened a new 30,000m² container yard with a capacity of 6,000 TEUs at their joint integrated logistics facility in the Muthurajawela Industrial Zone, Wattala.

It is the latest development in the partnership between the two companies, under the name Spectra Logistics, which was announced a year ago at the facility’s groundbreaking ceremony. Work has already begun on the next phase, with a distribution centre due to be

Chennai

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Port Wings News Network ormugao Port, one of the oldest port in the country and serving the state and the nation for 130 years, supports 6000 families directly and ten times more families of the trade indirectly, Mr I Jeyakumar, IRTS Chairman, Mormugao Port Trust (MPT), has said.

While addressing an impressive gathering of Trustees of the Board, Head of Departments, Officers, staff, employees, parents, invitees, students and teachers at the 69th Republic Day celebrations at the Deepvihar School grounds,at Headland Sada, Mr Jeyakumar said, “The well being of these families depends on the well being of the port. During the current financial year the port has undertaken a lot of infrastructure projects, and notable among them is the 4 lane highway, which will be completed soon and will ease the congestion on the roads in Vasco.”

The Chairman complimented the services rendered by the Port Fire Brigade and Medical department in timely management and mitigation of the situation during the recent road accident. The CISF and the Marine department personnel also came in for praise for their various activities in the port.

DP WORLD Chennai Hosts Trade Meet for SME Exporters of Tamil Nadu

completed by June this year.

Lars Bergström, GAC Group Vice President, Asia Pacific & Indian Subcontinent, said the country’s demand for third party logistics services has been bolstered by global trade growth and Sri Lanka’s rising importance as a sourcing base for international buyers in South Asia.

Lars Bergström stated: “With the Spectra Logistics facility and gamut of freight and logistics services that we provide, we are well-placed to meet this growing demand. Spectra Logistics will bring supply chain solutions of global standards to our customers in Sri Lanka.”

Niranjan Nallaratnam, CEO of Spectra Logistics, is confident the yard will become one of the most active facilities of its kind in the country.

Built on 15 acres of land within the logistics city designated in the government’s Western Region Megapolis Masterplan Project, the Spectra Logistics facility is strategically located between Port of Colombo and Bandaranaike International Airport, away from residential spaces. It is fully equipped for container handling, multiple container repairing, container washing and container rigging, and more.

Port Wings News Network lobal trade enabler DP World-operated Chennai Container Terminal (CCT) in association with the Chennai Port Trust as a part of their marketing initiative to boost terminal trade, recently concluded a trade meet for the Small & Medium Enterprises (SME) exporters from Sivakasi & neighbouring districts of Tamil Nadu. The delegation included exporters of coco pith, agriculture commodities and cotton garments.

The aim for this meet was to showcase the state-of-the-art infrastructure that the terminal has to offer along with, the ease of doing business with 24x7 customs and the lead time benefits of shipping through Chennai with excellent connectivity from the terminal to other ports across the world.

Commenting on the successful execution of the trade meet, Capt. R Venkatesh, Chief Executive Officer, DP World Chennai, said, “At DP World, we believe in

providing faster and cost effective trade solutions to our customers that will support their strategic growth ambitions. We continuously work towards enhancing terminal efficiency with efforts channelized towards understanding customer needs. We are delighted to have hosted this special meet for the SME exporters of the region. Through this event, we were successful in appraising them about our terminal’s facilities and how we can facilitate trade in Chennai and its hinterland using efficient logistics solutions.”

DP WORLD Chairman Discusses Future of Trade With Global Leaders at World Economic Forum Chennai

I

Port Wings News Network nternational partnerships to shape the future of world trade was part of the agenda at discussions held between DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and other world leaders on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland.

Mr. Bin Sulayem met with Ukrainian President Petro Poroshenko, Angolan President João Lourenço and Peruvian Prime Minister Mercedes Aráoz to discuss areas of mutual interest and to explore trade issues and infrastructure opportunities.

Mr. Bin Sulayem outlined the global trade enabler’s strategy to develop complementary sectors in the global supply chain such as industrial parks, free zones and logistics to add further value for all its stakeholders. Setting these up across its business and in new locations around the world will be a major focus in the coming year.

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem, said: “Effective partnerships in each of the 40 countries where we operate today has been the foundation of our success and we’re always keen to build on existing relationships and open new ones. Our industry has a lot to look forward to this year and issues such as trade agreements, the growth and influence of emerging economies, economic diversification and technological innovation that will disrupt the way we do business globally.

“Peru has been a major part of our operations in South America for some years and the continent is a key market for us. Africa continues to offer many opportunities to grow our business there where we already have a sizeable presence. Ukraine has a promising logistics sector

and with the right environment for economic development supported by favourable foreign and domestic policies, it will grow rapidly.”

In Peru, DP World operates DP World Callao, the main container terminal of Callao Port which handles 90% of the country’s total container trade. DP World Peru also opened the first smart logistics centre in Lurin, 40 kilometres south of the capital Lima, connected through optical fibres to its terminal at Callao. The centre delivers information to the port and customs, enabling customers to manage the movement of their cargo using their own electronic devices and smartphones.

President of Ukraine Petro Poroshenko toured DP World’s flagship Jebel Ali Port and Freezone last year as part of his official visit to the UAE to discuss bilateral cooperation in politics, security and foreign investment. Discussions focused on ways to grow Ukraine’s maritime and logistics sector.

In 2016, DP World signed a Memorandum of Understanding (MoU) with the government of Ukraine to partner on matters of mutual interest. DP World is already involved in the Ukrainian Port of Yuzhny through its P&O Maritime subsidiary and enjoys a strong presence in the Black Sea region with its Constanta Terminal in Romania, a state-of-the-art facility with excellent deep-draft access.

Feb. 7th - 13th Issue

Summary of Budget 2018-19 Chennai

G

Port Wings News Network overnment says that it is firmly on course to achieve high growth of 8% plus as manufacturing, services and exports are back on good growth path.

While GDP growth at 6.3% in the second quarter of 2017-18 signalled turnaround of the economy, growth in the second half is likely to remain between 7.2% to 7.5%. The Union Minister for Finance and Corporate Affairs Shri Arun Jaitley while presenting the General Budget 2018-19 in Parliament today said that Indian society, polity and economy had shown remarkable resilience in adjusting with the structural reforms. IMF, in its latest Update, has forecast that India will grow at 7.4% next year in the backdrop of services resuming high growth rates of 8% plus, exports expected to grow at 15% in 201718 and manufacturing back on good growth path.

Reiterating the pledge given to the people of India four years ago to give this nation an honest, clean and transparent Government and to build a strong, confident and a New India, Shri Jaitley said, the Government led by Prime Minister, Shri Narendra Modi, has successfully implemented a series of fundamental structural reforms to propel India among the fastest growing economies of the world.

The Finance Minister said that Government has taken up programmes to direct the benefits of structural changes and good growth to reach farmers, poor and other vulnerable sections of our society and to uplift the underdeveloped regions. He said, this year’s Budget will consolidate these gains and particularly focus on strengthening agriculture and rural economy, provision of good health care to economically less privileged, taking care of senior citizens, infrastructure creation and working with the States to provide more resources for improving the quality of education in the country. He said, the Government has ensured that benefits reach eligible beneficiaries and are delivered to them directly and said that Direct Benefit Transfer mechanism of India is the biggest such exercise in the world and is a global success story.

Infrastructure and Financial Sector Development Emphasising that infrastructure is the growth driver of economy, the Finance Minister estimated that investment in excess of Rs.50 lakh crore is needed to increase growth of GDP and connect the nation with a network of roads, airports, railways, ports and inland waterways. He announced increase of budgetary allocation on infrastructure for 2018-19 to Rs.5.97 lakh crore against estimated expenditure of Rs.4.94 lakh crore in 2017-18.

The Government has made an all-

time high allocation to rail and road sectors and is committed to further enhance public investment. The Prime Minister personally reviews the targets and achievements in infrastructure sectors on a regular basis. Using online monitoring system of PRAGATI alone, projects worth 9.46 lakh crore have been facilitated and fast tracked.

Under the Bharatmala Pariyojana, about 35000 kms road construction in Phase-I at an estimated cost of Rs.5,35,000 crore has been approved.

Railways Railways Capital Expenditure for the year 2018-19 has been pegged at Rs.1,48,528 crore. A large part of the Capex is devoted to capacity creation.

4000 kilometers of electrified railway network is slated for commissioning during 201718. Work on Eastern and Western

a Mission on Cyber Physical Systems to support establishment of centres of excellence for research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things. The Budget doubled the allocation on Digital India programme to Rs 3073 crore in 2018-19.

Defence Recognizing the sacrifices made by the Armed Forces in meeting the security challenges, the Finance Minister proposed development of two defence industrial production corridors.

Indirect taxes side On the indirect taxes side, this being the first budget after the roll out of the Goods and Services Tax (GST), the budget proposals are

dedicated Freight Corridors is in full swing. Adequate number of rolling stock – 12000 wagons, 5160 coaches

mainly on the customs side. The Finance Minister has proposed changes in customs duty to promote creation of more jobs in the country and also to incentivise domestic value addition and Make in India in sectors such as food processing, electronics, auto components, footwear and furniture. Therefore it is proposed to increase customs duty on mobile phones from 15 percent to 20 percent, on some of their parts and accessories to 15 percent and on certain parts of televisions to 15 percent.

Customs duty Customs duty is proposed to be reduced on raw cashew from 5 percent to 2.5 percent, to help the cashew processing industry.

It is also proposed to abolish the Education Cess and Secondary and Higher Education Cess on imported goods. In its place it is proposed to impose a Social Welfare Surcharge at the rate of 10 percent of the aggregate duties of Customs, on imported goods, to

Arun Jaitley, Finance Minister of India

provide for social welfare schemes of the government. However, goods which were so far exempt from Education Cesses on imported goods, will however continue to be so. In addition, certain specified goods, mentioned in Annexure 6 of the Budget speech, will attract the proposed Surcharge, at the rate of 3 percent of the aggregate duties of customs only.

With the roll of GST, the Budget also proposes to change the name of the Central Board of Excise and Customs (CBEC) to the Central Board of Indirect Taxes and Customs (CBIC).

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: admin@ksrindia.net

branches

and approximately 700 locomotives are being procured during 2018-19. Over 3600 kms of track renewal is targeted during the current fiscal. Redevelopment of 600 major railway stations is being taken up.

Air Transport The Budget proposes to expand the airport capacity more than five times to handle a billion trips a year under a new initiative - NABH Nirman. Under the Regional connectivity scheme of UDAN (Ude Desh ka Aam Nagrik) initiated by the Government last year, 56 unserved airports and 31 unserved helipads would be connected.

Digital Economy The Finance Minister said that NITI Aayog will initiate a national program to direct efforts in artificial intelligence.

Bengaluru KSR FREIGHT FORWARDERS PVT.LTD. 77/10, Maranayakanahalli, Chikajala Village and Post, Bangalore - 562 157.

Mob: +91 77609 80009 Email: anand@ksrinda.net kandla / mundra K.S.R. FREIGHT FORWARDERS PVT LTD Plot No 96,Sector-08, Nr. KDBA GYMKHANA, Gandhidham, Kachchh-370201, Gujarat, INDIA, Tel: +91 (2836) 229279 Cell : +91 9099945758 Email:.mundra@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 K.S.R. FREIGHT FORWARDERS (P) LTD Plot #100, Khasra # 625, Ground Floor, Nr. Tata Telco Warehouse, B/s. Blue Bird School, Rangpuri Extension, New Delhi-110037,India Tel: +91 (11) 65052500 Mobile :+ 91 9810579023 tuticorin ksr freight forwarders (p) ltd.

5A/180A, Caldwell Colony, 2nd West Street, Tuticorin-628 008 Tel: 0461-2375842 Telefax: 0461-2375842 Email: kskanthan@ksrinidia.net TIRUPUR KSR FREIGHT FORWARDERS PVT.LTD. M. SENTHIL KUMAR #19/171, Stanes Road, Third Street, Odakkadu, Tirupur - 641 602 Mobile : +91 89397 14353

Department of Science & Technology will launch

5

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 kolkata ksr freight forwarders (p) ltd.

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

Tel: 91+(33) 40614134 Mob: +91 9038011590 E-mail: kolkata@ksrindia.net Gudur KSR FREIGHT FORWARDERS PVT LTD. No: 12/74 Ankamma Street, Gamallapalem, Gudur-524101.

Tel No: 08624 221500. 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 Petrapole KSR FREIGHT FORWARDERS PVT LTD Jatindra Bhavan, Petrapole, Land Phone-(03215)-245087.

Ctc – Sujay Neogi – +91 9073365079 & +91 9153146072 Subha - +91 8348608738 Email: cs.ccu@ksrindia.net Bhopal ksr freight forwarders (p) ltd.

Flat No. Tf - 8, Nanksh Tower, Ward No.1, Depa Nagar,Mandideep, Bhopal - 462046 Contact No.+91 89399 14353

Website: www.ksrindia.net

6

Vessel Position at Terminals - (07.02.2018 TO 13.02.18)

Feb. 7th - 13th Issue

7

CITPL - Chennai

CCTL - Chennai Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

NORTHERN DECISION

Colombo

07/02

08/02

ACS

HYUNDAI PRAMOUNT

030E

HMM

Port Klang, Singapore, Manila, Pusan, Ulsan, Shanghai, Hong Kong

OCEAN PROLOGUE

Colombo, Cochin, Jebel Ali, Sohar

07/02

08/02

MD1

PASSAT SUMMER

1551E

BTL

Vizag, West Port Klang, Singapore

RCL

Chennai, Port Klang, Singapore, Laem Chabang

TCI

Mundra, Cochin

WAN

Port Klang, Singapore, Ulsan, Shanghai, Hong Kong

ETA

ETD

Service

Vessel Name

07/02

08/02

BOX1

09/02

10/02

CCG

Voy

Agent/Line

PSA Sical - Tuticorin ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

07/02

08/02

FEEDER

St.John Box

056

St.John

Colombo

11/02

12/02

FEEDER

St.John Box

057

St.John

Colombo

09/02

10/02

FEEDER

cape Nemo

336

BTL

Colombo

12/02

13/02

FEEDER

cape Nemo

338

BTL

Colombo

E.G.M.NO.

08/02

09/02

TSC

RACHA BHUM

095E

08/02

09/02

TCISX

TCI LAKSHMI

09/02

10/02

CI3

WAN HAI 501

09/02

10/02

FME

TIANJIN BRIDGE

SMI

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

TCX

NYK FURANO

SCM

Chennai, Port Klang, Singapore, Laem Chabang

122E

ICTT - Vallarpadam

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 03/02

04/02

FEEDER

HAIAN FAIR

CHAKIAT

Colombo

08/02

10/02

TCI

TCI ARJUN

VSP

Mundra

07/02

08/02

FEEDER

HAIAN FAIR

CHAKIAT

Colombo

06/02

07/02

PIX2

SSL Kochi

SSL

KICT, Cochin, Jebel Ali

08/02

09/02

Feeder

ER Sydney

BTL

Colombo

10/02

11/02

PIX2

SSL Bharat

SSL

KICT, Cochin, Jebel Ali

KPCT, Krishnapatnam ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

09/02

10/02

ACS

Hyundai Paramount

30E

Hyundai & Zim

Port Klang, Singapore, Manila, Pusan, Ulsan, Shanghai, Hong Kong T.Pelepas, Qingdao, Xingang, Busan, Shangahi, Nansha

12/02

13/02

CHX

Leonidio

1803

Maersk & Safmarine

07/02

08/02

CCS1

Taichung

017S

MSC

Colombo

04/02

15/02

CCS1

Kapitan Maslov

021S

MSC

Colombo

11/02

12/02

FEEDER

Charlotte Schulte

1806

Maersk & Safmarine

Colombo, Salalah

12/02

13/02

BOX

Ocean Prologue

027N

MSC

Colombo

09/02

10/02

PIX-2

Lal Bahadhur Shastri

388W

SCI

Ennore, Kattuaplli, Tuticorin, Cochin,

ETA

ETD

07/02

Service

Vessel Name

Voy

Agent/Line

08/02

SSL KOCHI

139

SHR

08/02

09/02

SSL MUMBAI

081

SHR

08/02

09/02

PAMBA1

038

SHR

11/02

12/02

SSL BHARAT

043

SHR

12/02

13/02

SSL BRAHMAPUTRA

008

SHR

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

06/02

07/02

ME3

06/02

07/02

07/02

08/02

Voy

Agent/Line

Calling Ports

MAERSK KARACHI

MSK

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

IMED

SONGA CALABRIA

COS

Nhava Sheva, Karachi, Pipavav, Colombo, Port Klang, Singapore, Caimep, Shekou, Hong Kong, Osaka

FM3

ANDRIAN MAERSK

MSK

Port Qasim, Nhava Sheva, Pipavav, Colombo, T.Pelepas,Tanjung, Singapore, Hong Kong, Ningbo, Pusan, Kwangyang, Qingdao, Dalian, Xingang

Mundra International Container Terminal Kattupalli

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

07/02

08/02

EPIC1

TEMPANOS

8301W

HLL

JNPT, Mundra, Port Qasim, Salalah, Mombasa

07/02

08/02

MAWINGU

GH CHINOOK

1805

CGM

08/02

09/02

GALEX

DIAPOROS

018W

HLL

10/02

11/02

IGS

OEL EMIRATES

1071

MSK

10/02

11/02

ME1

MAERSK GENOA

1802

RCL

12/02

13/02

CIMEX 2K

GSL TIANJIN

190GHE

TSA

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

07/02

08/02

CCG

NAVIOS VERDE

7

SIM

Colombo, Cochin, Jebel Ali, Sohar

08/02

09/02

ACS

HYUNDAI PARAMOUNT

30

HMM

Port Klang, Singapore, Manila, Pusan, Ulsan, Shanghai, Hong Kong

09/02

10/02

TCX

NYK FURANO

40

NYK

Chennai, Port Klang, Singapore, Laem Chabang

10/02

11/02

WAN

WAN HAI 501

122

WAN

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

12-2

13/02

MIDAS-2

THORSTAR

075MTW

MSK

13/02

14/02

INDAMEX

CGM

12/02

TCX

NYK FURANO

040E

TCX

Chennai, Port Klang, Singapore, Laem Chabang

CMA CGM MAUPASSANT

8106

11/02

14/02

15/02

MAWINGU

HUGO SCHULTE

1805

MSK

14/02

15/02

CCG

MESSINI

63

EMC

Colombo, Cochin, Jebel Ali, Sohar

12/02

13/02

Salalah shuttle

CHARLOTTE SCHULTE

1806

Meark line

Colombo, Salalah, Colombo, Krishnapatnam

JNPT - Mumbai ETA

NSICT - Mumbai ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

07/02

08/02

MIDAS

NAGOYA TOWER

MSK

Port Elizabeth, Durban, Port Louis, Jebel Ali, Mundra, JNPT, Colombo, Durban

07/02

08/02

MESAWA

NAVIOS LIPAS

MSK

Port Elizabeth, Durban, Port Louis, Jebel Ali, Mundra, JNPT, Colombo Mundra, Nhava Sheva, Valencia, New York, Norfolk, Charleston, Savannah, Freeport

08/02

09/02

INDUS

MSC ESTHI

MSC

10/02

11/02

IIX

NEGAR

RIS

11/02

12/02

MECL

MAERSK PITTSBURGH

MSK

Nhava Sheva, Mundra, Port Qasim, Singapore

12/02

13/02

MWE

HUGO SCHULTE

MSK

Salalah, Mombasa, Nhava Sheva, Mundra, Port Qasim

MSC

Nhava Sheva, Karachi, Pipavav, Colombo, Port Klang, Singapore, Caimep, Shekou, Hong Kong, Osaka

MSK

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

07/02

8-2 09/02

08/02

09/02 10/02

IMED

MSC MESSINA

ME1

MAERSK GENOA

INGWE

SEASPAN OCEANIA

Calling Ports

MSC

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

Calling Ports

7-2

8-2

AIS

WIDE INDIA

KMD

Port Klang, Nhava Sheva

8-2

9-2

C12

JPO TAURUS

CSP

Vizag, Port Klang, Singapore

09/02

10/02

NDX

CARDONIA

POS

Jebel Ali, Jnpt ,Doha

10/02

11/02

CISC

COSCO HAMBURG

PIL

Nhava Sheva, Colombo, Singapore...

11/02

12/02

INDMEX

CMA CGM INDUS

CCA

Newark, Norfolk, Savannah, Charleston, Port Said, Jeddah, Jebel Ali, Mundra, Nhava Sheva

12/02

13/02

IGS

OEL EMIRATES

TWF

12/02

13/02

ICX

HYUNDAI FORCE

HMM

13/02

14/02

IGI

NORTHERN GENERAL

SMM

Port Klang, Colombo, Jebel Ali, Karachi, Mundra, Colombo

14/02

15/02

AIS

PIRAEUS

TSI

Port Klang, Nhava Sheva

VCTPL, Vizag ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

06/02

07/02

FME

HERMA P

18001

TSL

Port Klang, Singapore, Manila, Pusan, Shanghai, Hong Kong

07/02

08/02

SBF

SINAR1

15

SBF

07/02

08/02

FSLVCH

CHARLIE

024S

FOC

07/02

08/02

SECOS

SSL GUJARAT

055N

SSL

08/02

09/02

CHX

WIDE ALPHA

1802

MSK

09/02

10/02

MDM

PASSAT SUMMER

1551E

MDM

10/02

12/02

CCG

MESSINI

063W

EGI

14/02

15/02

FSLVCH

CHARLIE

025S

FOC

T.Pelepas, Qingdao, Xingang, Busan, Shangahi, Nansha Colombo, Cochin, Jebel Ali

Feb. 7th - 13th Issue

Baltic Exchange applies changes to BDI Chennai

F

Port Wings News Network ollowing consultation with members, the Baltic Exchange will be implementing previously announced changes to the Baltic Dry Index (BDI).

From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 40% Capesize, 30% Panamax and 30% Supramax and will no longer include the Handysize timecharter average.

Commenting on the modifications, Baltic Exchange Chief Executive Mark Jackson said: “The Baltic Exchange has been publishing the Baltic Dry Index (BDI) in various forms since 1985 when it started life as the Baltic Freight Index (BFI). Like any aggregate index, its composition

has changed over the years to reflect changes to the underlying market.

In our case this means ensuring that the BDI broadly reflects dry bulk global trading patterns. The new weightings are simply the next phase of development in this process. We have listened carefully to feedback from Baltic Exchange members and the majority were enthusiastic about the changes and the opportunities it offers.”

Stefan Albertijn, Chair of the Baltic Index Council (BIC) commented: “Over the years there has been considerable interest from the commodity and financial community in trading the BDI. We’re excited by the prospect of exchange traded funds based on the BDI and are confident that the BDI will remain an accurate general measure of the health of the dry bulk shipping markets.”

External research concluded that the contribution of the various dry bulk vessel types to the dry bulk market was 40% Capesize, 25% Panamax, 25% Supramax and 10% Handysize. This analysis was based on the fleet composition, vessel utilisation including ballasting and total cargo moved – based on import/export reports and AIS data, the BDI weightings will be reviewed on an annual basis. The decision to not include Handysize contributions makes no statistical difference to the calculation of the BDI, based on the above weightings.

The Baltic Exchange will continue to report the Handysize vessel market and in November, as part of the ongoing review of its indices, launched a trial of a new Handysize Imabari 38 benchmark vessel and seven timecharter routes.

Volga-Dnepr Ensures First-Class Arrival in Russia for Southern White Rhinos Chennai

V

Port Wings News Network olga-Dnepr Airlines used all its expertise in delivering live animals to ensure the well-being and safe delivery of two Southern White Rhinos fr om Tel Aviv, Israel, to Russia where they will now reside in one of the largest Russian zoos in Rostov-on-Don, which participates in international programmes for the preservation of rare and endangered animals.

Volga-Dnepr Group continues to perform important missions to support the wildlife preservation projects.

Following previous deliveries of rare and endangered Przhevalsky horses by its sister carrier Atran Airlines, Volga-Dnepr Airlines transported the two male rhinos from the Zoological Center Ramat Gan in Israel.

Using the airline’s modernised IL-76TD-90VD freighter to ensure the correct temperature and pressure environments were maintained during the transportation helped to guarantee the rhinos arrived safely at their destination. The aircraft’s low-noise engines also contributed to the comfort of the rhinos during their journey, during which they were closely monitored by Israeli veterinary

T

Port Wings News Network he Government’s Plan for Growth in the Danish Maritime Sector positions the country to become a global maritime hub by 2025.

The plan counts initiatives aimed at making Denmark a global frontrunner within tests of maritime autonomous technologies and maritime digitalisation, creating more work-experience places at sea and increasing the number of applicants admitted to the training programmes for masters and ship officers, as well as ensuring the development of an overall maritime marketing strategy in close cooperation with the industry.

The Government’s Plan for Growth is based on the recommendations made by the Maritime Strategy Team.

NEWS - BITS Russian Railways Received Investment Grade Rating from Moody’s

The Moody’s rating agency has upgraded RZD’s rating to Baa3 with a positive outlook. This means an investment-grade rating has been assigned to the company’s debt obligations.

In its report, the agency notes the high credit quality of Russian Railways, a moderate level of debt burden and a strong liquidity profile. The current rating level of JSC Russian Railways is one step higher than the rating of the Russian Federation.

Russian Railways is now one of four Russian companies that are not exporters and do not belong to the extraction sector which have received an investmentgrade rating.

Russian Railways also has a credit rating from the ACRA (AO) and Expert RA national rating agencies at the maximum level of AAA (ru)/ruAAA with a stable outlook and ratings from two other international rating agencies: Standard & Poor’s and Fitch at the sovereign rating level of the Russian Federation: BB / BBB-, with a “positive” outlook.

Online control of certificates could lead to faster PSC inspections

The Danish Maritime Authority and EMSA are examining how online control of certificates could make PSC inspections more efficient. This happens in the wake of the DMA’s implementation of digital certificates on Danish ships.

Time is money, and PSC inspections are time-consuming since they include scrutiny of the ship’s certificates as well as inspection of its compliance with operational and safety regulations. But how to make PSC inspections more efficient without compromising safety? By enabling online control of certificates.

EMSA and the DMA will, initially, demonstrate that certificate data from the DMA’s database can be made available to users of EMSA’s database, THETIS. ”First, we want to test the possibility of making our data available in THETIS. After that, we want to demonstrate that other maritime Administrations can make their PSC inspections of Danish ships more efficient due to online control of certificates.” says Director Anette Dybdal Fenger of Business Intelligence and Development at the DMA.

Port of Montreal advances plan for sixth box terminal

experts who travelled onboard the freighter as cargo attendants.

Commenting on the transportation, Dr. Gillad Goldstein, curator of the Israeli zoo, said: “Everything went quite smoothly.

The aircraft team were very experienced and efficient. Thank you for your part in this project.”

Alexander Zhadobin, director of the Zoo of Rostov-on-Don, added: “In February 2017 we started negotiations on transferring the rhinoceroses, which included following the recommendations of our Israeli colleagues and redesigning the rhinos’ enclosure.

Since arriving in Russia, they have

relocated well under quarantine as they adapt to their new conditions.

We would like to express our gratitude to Volga-Dnepr Airlines for their safe transportation.”

The transportation was performed at the request of Charter Green Light Moscow LLC, a logistics partner of Volga-Dnepr Airlines.

White rhinos are the second largest land mammals after elephants.

Being naturally the inhabitants of Africa, Southern White Rhinos are now subject to protection and population management following the almost complete extinction of their close relatives, the Northern White Rhino.

New Plan for Growth in the Danish Maritime Sector Chennai

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”With the Plan for Growth in the Danish Maritime Sector, the Government has set the course for Denmark to become a global maritime power hub by 2025. Now, all forces in the Danish maritime sector must join forces, roll up their sleeves and get to work to make the vision behind the plan for growth into reality,” says Minister for Industry, Business and Growth Brian Mikkelsen.

The Danish maritime sector is one of the country’s most important export sectors and a major supplier of jobs. However, the industry is faced with tough competition in the world market; a market undergoing rapid change as a consequence of changes to the global distribution of work, consumer behaviour and digital and technological developments.

“When we strengthen the maritime sector we strengthen

the entire country. We have made several steps towards becoming an even stronger nation in the maritime sectors by reducing taxes and fees.

As minister of Taxation I am very satisfied with the new plan for growth as we continue this course”, says Karsten Lauritzen, minister of Taxation.

The agreed elimination of the fee for registration of merchant ships is already having effect, which pleases Brian Mikkelsen, the minister of Industry, Business and Financial Affairs: “Abolishing the fee for registration has removed a substantial factor when shipping companies choose where to register their ships. The abolishment will make DIS (Danish International Register of Ships) more attractive.

I see the news that Maersk will register more ships under Danish flag as a clear sign of this”, says Brian Mikkelsen.

On the heels of a record performance in 2017, the Port of Montreal has moved an important step further to establish a sixth container terminal, located at Contrecoeur, where there is an existing bulk shipping facility 25 miles away on the south shore of the St. Lawrence River. It released an environmental impact report on Feb. 1 on the C$650 million project aimed at strengthening Montreal’s competitive position on North America’s east coast.

The findings of the report will be the subject of public consultations organized by the Canadian Environmental Assessment Agency, including information sessions from February 27 to March 1. The project will need to be approved by the regulatory agency and Oceans Canada before it can proceed.

As the only container port in Quebec and the largest port in Eastern Canada, the Port of Montreal is planning its future development to remain competitive with the U.S. East Coast ports that are investing approximately US$9 billion in their infrastructures to notably handle larger containerships.

Port of Oakland director seeks first Pacific coast port of call

Chris Lytle, executive director, Port of Oakland told AJOT in an interview that “the Port has been approached by three carriers, raising the possibility of Oakland becoming the first U.S. Pacific Coast port of call. This means ships would stop in Oakland before they sail to the Ports of Los Angeles and Long Beach. Currently there are 28 vessel services and all of them call at the Southern California ports before sailing to Oakland.”

Lytle noted, the Port set a cargo volume record in 2017, handling the equivalent of 2.42 million twenty-foot containers. With new capabilities coming on line, the Port is forecasting new volume records annually through 2022.

Two new projects are Cool Port, which is expected to ship 30,000 containers a year and a new Seaport Logistics Complex, scheduled to open in 2019. This complex will further boost volume and rail shipments.

CUSTOMS EXCHANGE RATES Notification No.11/2018 (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 (100) Kenyan Shilling (100)

with effect from 2nd Feb. 2018

RATE (INR) Import Export 52.25 174.65 52.55 10. 30 10.85 80.50 8.25 220.00 47.75 8.40 91.95 18.00 17.55 49.35 5.55 8.25 69.55 17.95 64.50 59.25 64. 90

50.30 163.45 50.90 9. 95 10.40 77.80 8.05 205.55 46.05 8.10 88.95 17.00 16.45 47.80 5.20 7.95 67.20 16.75 62.85 57.20 60.65

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

Date of Publication - Tuesday, Posted on Tuesday / Wednesday

Air Freight Demand up 9% in 2017, Strongest Growth Since 2010 Chennai

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Port Wings News Network he International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%.

This was more than double the 3.6% annual growth recorded in 2016.

Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 3.0% in 2017.

This was the slowest annual capacity growth seen since 2012. Demand growth outpaced capacity growth by a factor of three.

STRONG PERFORMANCE IN 2017 Air cargo’s strong performance in 2017 was sealed by a solid result in December. Year-on-year demand growth in December increased 5.7%. This was less than half the annual growth rate seen during the middle of 2017 but still well above the five-year average of 4.7%.

Freight capacity grew by 3.3% yearon-year in December.

Full-year 2017 demand for air freight grew at twice the pace of the expansion in world trade (4.3%). This outperformance was a result of strong global demand for manufacturing exports as companies moved to restock inventories quickly.

“Air cargo had its strongest performance since the rebound from the global financial crisis in 2010. Demand grew by 9.0%.

That outpaced the industry-wide

growth in both cargo capacity and in passenger demand. We saw improvements in load factors, yields and revenues. Air cargo is still a very tough and competitive business, but the developments in 2017 were the most positive that we have seen in a very long time,” said Alexandre de Juniac, IATA’s Director General and CEO. “The outlook for air freight in 2018 is optimistic. Consumer confidence is buoyant. And we see growing strength in international e-commerce and the transport of time - and temperature-sensitive goods such as pharmaceuticals. Overall the pace of growth is expected to slow from the exceptional 9.0% of this year. But we still expect a very healthy 4.5% expansion of demand in 2018. Challenges remain, including the need for industrywide evolution to more efficient processes. That will help improve customer satisfaction and capture market share as the expectations of shippers and consumers grow ever more demanding,” said de Juniac.

Regional Performance Airlines in all regions reported an increase in demand in 2017.

Asia-Pacific carriers saw demand in freight volumes grow 5.6% in December 2017 compared to the same period in 2016 and capacity grow by 2.2%. This contributed to a growth in freight demand of 7.8% in 2017 compared to 2016.

Capacity increased 1.3%. The strong performance of Asia-Pacific carriers in 2017 largely reflects the ongoing demand for exports from the region’s major exporters China and Japan which has been driven in part by a pick-up in economic activity in Europe and a continued solid performance from the US. This is expected to support demand into the New Year.

Middle Eastern carriers’ freight volumes increased 6.3% year-onyear in December and capacity increased 4.7%. This contributed to an annual increase in demand of 8.1% in 2017 – the third fastest growth rate of all the regions.

Capacity increased 2.6%. However, having not seen the strong upward demand of other regions in the first half of 2017, Middle-Eastern carries’ share of global demand dropped for the first time in 18 years.

Port of Gothenburg Begins Construction of Land-based LNG Facility Chennai

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Port Wings News Network onstruction of a liquefied natural gas (LNG) facility is now under way at the Port of Gothenburg. The facility will open up new opportunities for LNG-fuelled ships that call at the Gothenburg Energy Port. It will become fully operational during 2018.

LNG is currently the cleanest marine fuel available to major shipping companies. The use of LNG as a fuel reduces emissions of sulphur, particles and heavy metals to a minimum. Emissions of nitric oxide are reduced by 80 per cent. The EU has already highlighted LNG as a key marine fuel for the future.

LNG as marine fuel is increasingly used in the world as global sulphur regulations become increasingly stringent. The Port of Gothenburg has made considerable progress in promoting its use. The first LNG bunkering took place at the Port of Gothenburg in autumn 2016, and since then operating regulations and routines have been developed and efficiency has been improved, resulting in a steady rise in the number of LNG bunkering operations.

Time-efficient bunkering Today, Skangas is supplying vessels with LNG using a ship-toship bunkering system at the Port of Gothenburg. Skangas has now been joined by Swedegas, which owns and runs the Swedish gas transmission network. Swedegas will expand the

number of LNG options at the port with the construction of a facility that will ensure safe, rapid and effective landside LNG bunkering whilst vessels are loading and discharging at the Energy Port.

“With both Skangas and Swedegas operating at the Port of Gothenburg, we have two companies that complement each other with different offerings. Shipping lines now have a further incentive to consider switching to LNG,” said Jill Söderwall, Vice President and Head of Commercial Operations at the Port of Gothenburg Energy Port.

Scalable facility with more choices The facility will be scalable and can be adapted to the needs of the customers. Gas purchasers will also be able to choose their supplier.

LNG will arrive at the facility by trailer or in containers, and will be distributed via a 450-metre vacuuminsulated cryogenic pipeline to the quayside.

The facility marks the first step in the construction of a broader solution for the gas infrastructure at the Port of Gothenburg, with the potential to connect to the gas transmission network. In time, Swedish industry and land transport could also make use of the facility.

“As is the case with the gas transmission network, in which both natural gas and biogas can be transported, the new facility will be flexible and can also be used for the storage and transport of renewable gas. Customers with access to the transmission network can already choose biogas, and this is something we are looking to extend to the shipping sector as the next step in their transition to environmentally correct alternatives,” said Johan Zettergren, Swedegas Chief Executive.

The EU has assigned the project PCI (Project of Common Interest) status, which means that it is among the most prioritised infrastructure projects in Europe. The EU, via the INEA (Innovation and Networks Executive Agency), has also confirmed that support measures are in place to ensure the project will reach fruition.

Feb. 7th - 13th Issue

Hamburg Süd to Launch New Services Between West Coast South and Central America and Asia Chennai

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Port Wings News Network eginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central America and the Caribbean. Concealed behind the well-known service names ASPA and ASCA will then be a completely new product to replace the present partnership with other liner shipping companies (Vessel Sharing Agreement) in this trade. Customers will benefit from additional direct connections, higher sailing frequencies, greater flexibility as well as shorter transit times. The existing Vessel Sharing Agreement between Asia and South America East Coast is not affected by the changes and is to continue until the end of 2018.

The four new ASPA and ASCA service strings will see the deployment of a total of 39 modern vessels with a slot capacity of 4,500 to 10,000 TEU and will call almost 30 key ports with several weekly sailings in the said markets. In Asia, the most important ports in China, South Korea, Taiwan, Japan and Singapore will be called. In Latin America, coverage ranges from Mexico, Panama, Colombia and Peru to Chile.

Highlights for reefer customers are two weekly sailings from Chile to Asia as well as a direct service from Chile and Peru to Japan. One of the four new services additionally uses transshipment arrangements to link 24 ports in the Caribbean region with Asia, and vice versa. Furthermore, there is a connection to Hamburg

Süd’s East Coast network via the north Brazilian port of Pecem.

The restructuring of the Pacific service strings to the South and Central American west coast and into the Caribbean does not involve any increase in capacity on the supply side. Nevertheless, thanks to the operational collaboration with Maersk as sole partner on these ship systems, Hamburg Süd will be able to respond much more flexibly and faster to market changes in the future as well as better handle spikes in demand than in the old Vessel Sharing Agreement.

“Our new network in this trade will occupy an exceptional position in the marketplace thanks to the very competitive transit times and outstanding connectivity. Our customers are receiving the high service quality they have come to expect from Hamburg Süd in combination with an unparalleled global network and capacity offering,” said Frank Smet, Chief Commercial Officer for Hamburg

Süd, on the launch. “With the new services and thanks to the independence of this product – without the involvement of VSA partners – we can deliver what we love the most: flexibility and fast, tailor made direct connections which we develop with our customers.”

Ulaanbaatar Railway to Become Part of Russia - Mongolia - China Economic Corridor Chennai

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Port Wings News Network ongolian President Haltmaagiin Buttulga and CEO and Chairman of Russian Railways Oleg Belozerov discussed Russian-Mongolian railway cooperation development issues.

During the meeting, Oleg Belozerov focused on the positive results achieved by Ulaanbaatar Railway JSC in 2017. The transit container shipments through Mongolia increased 2.7 times, with the productivity up to 20%.

The Head of Russian Railways told the President of Mongolia about the plans to develop the Ulaanbaatar Railway infrastructure so it can master growing freight traffic volume. In particular, in 2018 the tracks overhaul is to double; the transportation management system upgrading will be completed. It will result in the 20 percent carrying capacity increase of the road.

Speaking about the infrastructure component, Oleg Belozerov called the Central Railway Corridor (Ulan-Ude - Naushki - Sukhbaatar -Ulaanbaatar - Zamyn-Uud - Erlian) the priority for the implementation of the project to establish the Russia-Mongolia-China economic corridor.

Oleg Belozerov also discussed Russian-Mongolian cooperation progress in the railway sector during the individual meetings with Mongolian Prime Minister Ukhnagiin Huralsukh and with Secretary of the National Security Council of Mongolia Amarzhargalyn Gansukh.

Specifically, the parties highlighted their interest in increasing the transit of goods towards the ports in the Far East from Mongolia using the Russian Railways’ infrastructure.

The parties also discussed issues related to the prospects for the Mongolia’s railway infrastructure development, including government financing instruments.

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.