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Mar. 28th - Apr. 3rd Issue

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Wednesday, March 28, 2018

Cargo Traffic at Major Ports up by 5% in Apr-Feb

New Delhi Port Wings News Network he country’s 12 major ports – Deendayal (Kandla), Mumbai, Jawaharlal Nehru (JNPT), Marmugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), V O Chidambarnar (Tuticorin), Visakhapatnam, Paradip and Kolkata (including Haldia) --witnessed a 4.97 per cent rise in cargo traffic at 616.61 million tonnes (MT) during April-February this fiscal, according to ports body Indian Ports Association (IPA).

According to the data released by the agency, these top ports handled 587.41 MT cargo during the corresponding 11-month period of the last fiscal.

The growth in the traffic was mainly on the back of higher handling of products like petroleum, oil and lubricants (POL), containers, coal and fertilizers.

POL traffic grew by about 8.13 per cent during the period under review, while containers saw growth

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of more than 8.37 per cent.

Fertilisers traffic volumes grew by 4.50 per cent during the eleven-month period, and coking coal handling grew by 4.36 per cent in April-February over the corresponding period of the previous fiscal.

Kandla port handled the highest traffic volume at 99.87 MT during the April-February period of the current fiscal followed by Paradip Port at 93.15 MT, JNPT Port at 59.87 MT, Visakhapatnam at 57.69 MT and Mumbai at 57.40 MT, the IPA said.

Kolkata Port, including Haldia handled 52.04 MT of cargo, while Chennai port handled 47.58 MT of cargo.

Volume of seaborne cargo is essentially in the nature of derived demand and is mainly shaped by the levels and changes in both the global and domestic activity. India’s 12 major ports handle approximately 61 per cent of the country’s total cargo traffic.

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Wing 4 Feather 32

Commerce Ministry Terminates Anti-Dumping Probe on Solar Cells New Delhi Port Wings News Network he Commerce Ministry’s investigation arm DGAD said it is terminating its anti-dumping probe on imports of solar cells from China, Taiwan and Malaysia, said a report by news agency Press Trust of India (PTI).

The Indian Solar Manufacturers Association has made a request to terminate the present investigation, it added.

The probe was initiated by the Directorate General of AntiDumping and Allied Duties (DGAD) on July 21 last year following complaints of dumping of the product by the association.

“The authority is constrained to terminate the present antidumping investigation concerning imports of ‘solar cells whether or not assembled partially or fully in modules or Panels or on glass or some other suitable substrates’,” from these countries, DGAD said in a notification.

The domestic industry has cited certain reasons for its request to terminate the probe.

They have stated that postinitiation, the injury being suffered by the domestic producers on account of dumping has aggravated sharply.

Besides, the industry has said that the imports of the cells from these countries have increased substantially in the recent period.

The period of investigation covers April 2016 to June 2017 (15 months).

The directorate, however, noted that “the reason cited by the

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domestic industry for termination of the petition is devoid of any merit”.

But it said Rule 14(a) of the antidumping rules does not grant any discretion to the DGAD in the matter of termination of investigation, once the domestic industry files a written request for termination of the probe.

Anti-dumping duties are levied to provide a level playing field to local industry by guarding against cheap below-cost imports.

Increasing imports and dumping of goods from China have always been an area of concern for Indian companies.

India’s exports to China were only USD 10.2 billion in 2016-17 but imports aggregated to USD 61.3 billion.

DGAD is also probing dumping of several other products such as certain chemicals

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Imposition of anti-dumping duty is permissible under the World Trade Organisation (WTO) regime.

Both India and China are members of the Geneva-based body.

The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.

Wishes its Readers, Advertisers and Well Wishers a Happy Easter

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Essar Shipping Eyes More Revenue From...

V O Chidambaranar Port Trust Creates...

Nitin Gadkari Inaugurates Inland Ferry...

Pg-2 Pg-3 Pg-4

Pg-4 DP World, NIIF Joint Venture Hindustan...

Pg-5 WTO Members Raise Concerns Over US Tariffs...

Pg-6 Vessel Position at Terminals and Ports...

Pg-7 Latest Customs Exchange Rates...

Vakrangee Ltd Announces Strategic Business... Pg-7

PSA International Records 8 % Revenue...

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Mar. 28th - Apr. 3rd Issue

DP World Holds Talks With Tata Group on Opportunities For Cooperation Chennai

Wednesday, March 28, 2018

Wing 4 Feather 32

Don’t Ignore China-US Trade Tussle

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hina is not only the India’s powerful neighbour but also a biggest trade partner. And, any economic turbulence in the country due to the US’s latest “Trade War” using tariff regime, could directly or indirectly affect the economy of India, as our country is one of the top exporters of various goods to China.

Eventhough the economic pundits in India see no logical reasons for any cascading effect due to US’s trade war, time is the best alarm clock for every economy, be it small or a well established one in developed countries, and sidestepping the emanating bubble could be more dangerous than taking measures to minimize the impact on Indian economy.

It is a known fact that any economic turbulence in China will be seriously affecting the prospects of Indian exporters in the longer run.

After the last week’s US decision, WTO members expressed concern over the imposition of higher tariffs on steel and aluminium imports and the impact they may have on the global trading system at a meeting of the Council on Trade in Goods in WTO. When the bloodbath in Chinese equities was unfolding dramatically few months ago, there was a direct and instant reaction in Indian stock exchange. Leading stocks were tumbling and situation has been so panicky for the big time investors, who started feeling the turbulence sitting thousands of miles away in Mumbai.

While it has been seen as a precursor for the markets both in China and India, the feeling among the top echelons was that the time has come to insulate the domestic market from external innuendos.

Even though the analysts concluded that it may be a sobering reminder of just how closely India’s fortunes are linked to the rest of the world, the message is clear that any fumbling in Chinese markets could be seriously felt among the Indian exporting community.

However, the silverlining is that the Indian equity markets may benefit in the near-term as global investors looking for high growth economies with domestic consumption-led growth re-allocate funds from China to India.

Experts back in India categorically deny that a spill-over of the stock market crisis into the broader economy is very much unlikely given the strong domestic market in our country. However, stock analysts across the globe feel that Sample China turbulence is the bigger worry for global market and TEXT markets like India can breathe easy for now.

Though the Indian financial markets may remain under pressure and the rupee is likely to be volatile given the latest fissure between China and United States, it is time for the Government of India to put all corrective measures in place.

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first sovereign wealth fund and DP World had announced the creation of an investment platform Hindustan Infralog to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India. The Continental acquisition will be the first investment of the platform.

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said:“the Tata Group have been an integral part of India’s growth story for 150 years and we also have a deep-rooted relationship with India that have recently expanded our horizons to develop logistics infrastructure. We believe that our both companies can benefit through exchange of knowledge and know how, sharing expertise and experience in areas that deliver solutions to India’s growing economy and trade.

“We are working to expand business relations with India in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. We aim to share insights on our successful business model in line with the Dubai government’s 2021 policy, and the UAE’s postoil strategy to create a sustainable knowledge-based economy.”

The Tata delegates toured Jebel

Ali Port and Free Zone, including Terminal 3 (T3), the world’s largest semi-automated container handling facility with an annual capacity of four million TEUs (twenty-foot equivalent container units).

They were briefed on the operational efficiencies of T3, where capacity was increased by 1.5 million TEU last year in response to the high levels of utilisation at the port and with the recovery in volumes, particularly in the lead up to Expo 2020.

Indian container imports at Jebel Ali Port have increased annually in the past four years from 205,000 TEUs in 2013 to 254,000 TEUs in 2017, while exports reached 132,000 TEUs. Jebel Ali connects more than 8,500 companies with trade partners from across the world, moving cargo to and from the subcontinent.

It underlines the major role played by the port as a logistics location enabling regional and global trade.

Jafza is home to 788 Indian companies from a range of sectors, with many customers operating in faster growing regional markets.

The Tata Group has operations on six continents and exports its products and services to more than 80 countries. The group comprises 114 companies spread across eight business verticals.

Essar Shipping Eyes More Revenue From Cargo Handling Mumbai

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Port Wings News Network ssar Shipping aims to increase third-party cargo handling to 50% of its total revenue by 2020 from 30% at present, as the company engages with companies in India and the Gulf, trying to make up for loss of captive business after the parent group’s oil refining company was sold and the steel business got stuck in bankruptcy proceedings, according to a report in leading business daily Economics Times.

“We are working with steel companies, not just in India but also Qatar and Bahrain among other Middle Eastern markets. We are focusing a lot on the Gulf areas which are in close proximity to us,” CEO Ranjit Singh told ET in a recent interview.

The company needs to look for

new clients with a chunk of its captive business gone. Essar Oil was sold to Russian oil giant Rosneft, fund UCP and Swiss commodities trader Trafigura for $12.9 billion last year. Essar Steel is under insolvency proceedings before the National Company Law Tribunal. Essar Shipping has also bid for the tender floated by state run oil marketing companies Bharat Petroleum Corp and Indian Oil Corp for carrying crude oil. Some clarity on the bids will emerge by end of April, said Singh, adding the company is looking to acquire a very large crude carrier (VLCC) and a Suezmax if it wins the deal.

Essar Shipping handled 13.06 million tonnes of cargo in FY17 and registered a 28% growth in total cargo tonnage in the third quarter

of FY18. The company is set to increase capacity from 15-16 million tonnes to 20-21million tonnes by FY19 with increase in tonnage and higher operational efficiency.

The company operates a fleet of 14 ships that include two VLCCs, one capesize ship, six mini-capesize ships, one panamax bulk carrier, two supramax bulk carriers and two 13,000 dead weight tonnage (DWT) general cargo ships. Analysts said getting fresh third party business wouldn’t be so easy in these times of still weak economic activity and oversupply in shipping capacity.

“Charter rates are still on a downward spiral and there are numerous players in the market.

The problem of overcapacity persists and it would be difficult to get new business for a player,” said a senior analyst who didn’t want to be named.

APL Starts New India Pakistan Express 2 Service

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Publisher cum Editor

7358020372

C.U.Satheesh

Marketing, SampleCirculation

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Richard Collins

Marketing - Tuticorin

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SUBSCRIPTION

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Port Wings News Network ultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice.

Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. The meeting was attended by Ahmed Al Haddad, Chief Operating Officer, Jafza and Mahmood Al Bastaki, Executive Director, Dubai Trade.

Mr.Bin Sulayem outlined DP World’s operations across 40 countries, and its role in enabling trade across the global supply chain by providing industry-leading services, including the Jebel Ali model of integrated port and free zone, which is now gaining popularity around the world.

The company has extensive business interests in India, including six container terminals, Inland Container Depots (ICD), warehouses and container rail freight services, supporting over 30 percent of the country’s container trade.

It recently acquired a 90 per cent stake in Continental Warehousing Corporation, an Indian logistics firm.

Earlier this January, NIIF, India’s

Chennai

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Port Wings News Network PL has announced the launch of the India Pakistan Express 2 (IP2) service, a new weekly service that directly connects India, the Middle East and five major North European ports.

Designed to strengthen APL’s India Subcontinent (ISC) offerings, the new IP2 service will enhance APL’s service coverage in the European markets of Belgium, France, Germany, the Netherlands and the United Kingdom.

The IP2 service promises an enhanced India-Germany

connectivity with its direct call at the port of Hamburg.

The service also offers shippers an additional gateway into and out of the United Kingdom via London Gateway, complementing market access via Southampton and Felixstowe through APL’s India Pakistan Express (IPE) service.

With IP2’s strategic port rotation at the transshipment hubs of Jeddah and Jebel Ali, shippers from the Middle East and Gulf regions can tap on APL’s global network at these relay ports for further connectivity

to the vast European markets.

Beyond ocean transportation, shippers on the IP2 service can be assured of an optimal handling of outbound cargo from India through a network of inland container depots located across the country before heading for the ports of Mundra and Nhava Sheva.

The IP2 service will commence sailing from Jebel Ali on 1 April with the following port rotation: Jebel Ali – Karachi – Nhava Sheva – Mundra – Jeddah – Rotterdam – Hamburg – London Gateway – Antwerp – Le Havre – Jeddah – Jebel Ali.

Mar. 28th - Apr. 3rd Issue

Vizhinjam Seaport: Won’t give Adani more time, says government

V O Chidambaranar Port Trust Creates New Handling Record

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the project overshot the deadline.

“The empowered committee chaired by the Chief Secretary and the Project Implementation Committee are keeping a close tab on the work,” he said.

Moving the motion, Mr. Vincent blamed the government for allowing the project to lag. “Not even 25% of the work has been completed 28 months after the project was launched. There is a possibility that this ambitious project will remain a pipe dream for the State.”

LAND ACQUISITION, PREPARATION OF THE PORT CITY DEVELOPMENT PLAN Mr. Vincent also said the land acquisition, preparation of the port city development plan and the rehabilitation package for families to be relocated from the project site were bogged down.

Leader of the Opposition Ramesh Chennithala alleged that the government was sleeping on

Tuticorin Port Wings News Network O Chidambaranar Port Trust created a new record by handling 48,701 Metric Tonnes of Thermal Coal in a day at North Cargo Berth -I from the vessel MV. Vishva Nidhi on 20 March 2018 surpassing the previous Single Day record of 42,508 Metric Tonnes of Thermal Coal at North Cargo Berth -I from the vessel MV. Pangea on 14.01.2018. M/s. Sical Logistics Ltd., were the Steamer and Stevedore Agent.

North Cargo Berth -I, the captive berth of M/s. Neyveli Thermal Power Plant has handled 3.28

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Chennai

Port Wings News Network he Kerala state government on 22 March asserted that it would not accept the plea of of Adani Ports Limited for an extension of the contract for completion of the Vizhinjam international seaport, even as the Opposition staged a walkout in the Assembly, alleging that the government had colluded with the private group to delay the INR 7,525-crore project, said a report in leading daily The Hindu.

CONCESSIONAIRE SEEKING AN EXTENSION OF THE CONTRACT Minister for Ports Kadannappally Ramachandran told the House that the government had received a letter from the concessionaire seeking an extension of the contract by six months to make up for the delay caused the damage of two dredgers in Cyclone Ockhi and the shortage of granite for construction of the breakwater.

Replying to the notice for an adjournment motion moved by Congress legislator M. Vincent and others, he said the government did not find the request acceptable and would insist on the 1,460-day contract period. He, however, added that the Adani group had begun efforts to repair the dredgers while the government had taken steps to ensure the supply of granite.

‘Panel on it’ The Minister assured the House that the government would invoke the penalty clause in the contract if

the project. “It is mysterious that the Minister cited the same reasons for the delay even before the Adani Group submitted its letter. This has given rise to the suspicion that the government is helping the company evade the penalty for delaying the project.”

He said any lag in completing the Vizhinjam seaport would work out to the advantage of the Kolachel port under construction by the Tamil Nadu government with the support of the Centre.

Refuting the charges, Mr. Kadannapally said the government hoped to get the work completed on time. “About 92% of the land has been acquired and handed over, the rehabilitation work is on track and an agreement has been signed with Konkan Railway for rail connectivity”. The Opposition walked out after the Speaker refused to concede the demand for a discussion on the issue.

Chennai

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Port Wings News Network hennai Port, regarded as the maritime gateway of South India and one of the oldest ports in the country, has crossed 50 million tonnes in cargo handling on 20 March 2018, during the financial year 2017- 2018.

According to a media statement from the Chennai Port authorities, on the container front, the Port surpassed last year throughput of 1.494 million tonnes by achieving

VESSEL HS Baffin 012 E

ETA Shanghai

Monday

ETA Ulsan

ETA Ningbo

Sunday

Monday

Wednesday

Thursday

09-Apr

14-Apr

15-Apr

17-Apr

19-Apr

Saturday

Wednesday

ETA Cai Lan

Thursday

01-Apr

04-Apr

06-Apr

Line’s / NVO’s

Hyundai Premium 044E 07-Apr 11-Apr 12-Apr 16-Apr 21-Apr 22-Apr 24-Apr 26-Apr

Hyundai & Zim

Hyundai Prestige 051E 14-Apr 18-Apr 19-Apr 23-Apr 28-Apr 29-Apr 01-May 03-May

ETA INKRI

VESSEL

Tuesday

ETA T. Pelepas Wednesday

ETA Xingang Sunday

ETA Qingdao Friday

ALS Fides V.0003 Sima Brizo V.0008 Xiamen V.0008 VESSEL

Thursday

ETA Shanghai Saturday

ETA Nansha Sunday

Line’s / NVO’s Loading in CHX Svc

Maersk Ganges 1805 03-Apr 11-Apr 21-Apr 23-Apr 25-Apr 28-Apr 01-May Kyparissia 1805 10-Apr 18-Apr 28-Apr 30-Apr 02-May 05-May 08-May Irenes Warwick 1805 17-Apr 25-Apr 05-May 07-May 09-May 12-May 15-May Kmarin Atlantica 1807 24-Apr 02-May 12-May 14-May 16-May 19-May 22-May Wide Alpha 1807 01-May 09-May 19-May 21-May 23-May 26-May 29-May Leonidio 1807 08-May 16-May 26-May 28-May 30-May 02-Jun 05-Jun VESSEL

CCS1

ETA INKRI Wednesday

Cape Orient 008S Kapitan Afanasyev V.033

ETA CMB Saturday

28-Mar 05-Apr

31-Mar 08-Apr

Rice

Chennai

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

MSC & NVOs

Maersk & Safmarine

CCG

Sinar 1 v.017N

Export Rake ETD ICD BLR ETA KPCT 30-Mar 31-Mar 03-Apr 04-Apr 04-Apr 05-Apr ETD ICD HYD ETA KPCT 31-Mar 01-Apr

Maersk / Safmarine

ETA JEBELALI

Saturday

ETA KICT

ETA Tuti

01-Apr

ETD INKRI

ETA Cochin

05-Apr

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

ETA Kandla

06-Apr

ETA Kolkata

01-Apr - -

ETA Haldia

31-Mar ETA Kolkata

TBN

Train Schedule Maersk Danube 1810 Kapitan Afanasyev V.033 Hyundai Premium 044E Connecting Vessel Maersk Danube 1810

ETA Tuticorin

- - 04-Apr

TBN

Connecting Vessel

13-Apr

ETA Vizag

- - - ETA Vizag

ETD INKRI

ETA Jebel Ali

-

East Coast Service (Samudera Bharath Feeder) TBN

ETA Bandar Abbas

-

Coastal Service - East Coast Service

29-Mar 29-Mar 02-Apr

Line’s / NVO’s Loading

Sunday

PIX-2 Service (SCI & other NVOCCs)

31-Mar

VESSEL

Line’s / NVO’s Loading

03-Apr 07-Apr 15-Apr 17-Apr 21-Apr 29-Mar 24-Apr 28-Apr 06-May

ETD KPCT

SSL Kolkata 029N SSL Visakhapatnam 048N SSL Sabarimalai

ETA Salalah Wednesday

ETA Colombo

Tuesday

VESSEL

ETA Busan

Friday

1.499 million tonnes on 20 March 2018.

It may be worth noted here the fact that the Port could achieve 50 million plus throughput consecutively, despite stiff competition from neighbouring ports has made the achievement, commendable.

For crossing the milestone, Chairman, Chennai Port Trust thanked the trade fraternity for the confidence bestowed on Chennai Port in enabling to achieve the feat.

02-Apr 06-Apr 11-Apr 09-Apr 13-Apr 18-Apr 16-Apr 20-Apr 25-Apr 23-Apr 27-Apr 02-May

Hyundai Privilege 50E 28-Apr 02-May 03-May 07-May 12-May 13-May 15-May 17-May

CHX

ETA Colombo

ETA INKRI

SSL Bharat 045W

Hyundai Paramount 32E 21-Apr 25-Apr 26-Apr 30-Apr 05-May 06-May 08-May 10-May

Maersk Feeder

Monday

VESSEL ETA Pusan

ETA INKRI ETA Port Klang ETA Singapore

ETA INKRI

Maersk Danube 1810 Chicago 1814 Charlotte Schulte 1812 Maersk Danube 1812

ACS

Million Tonnes of Thermal Coal during the financial year 2016-17 and 3.11 Million Tonnes of Thermal Coal during the current financial year up to February, 2018.

Shri I. Jeyakumar, IRTS., Chairman, V.O. Chidambaranar Port Trust while thanking the stakeholders, officers and the employees of the Port who have contributed to achieve this record 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.

The Chairman requested all the concerned to continue to improve the performance in future also.

Chennai Port Crosses 50 Million Tonnes Cargo Handling Target, Registers New Milestone

VESSEL

VESSEL SCHEDULE @ KPCT

Connecting Vessel HS Baffin 012 E Maersk Danube 1810 ALS Fides V.0003 Connecting Vessel Maersk Danube 1810

Import Rake ETD KPCT ETA ICD BLR 31-Mar 01-Apr 04-Apr 05-Apr 05-Apr 06-Apr ETD KPCT ETA ICD HYD 02-Apr 03-Apr

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

COTTON

Granite

Solar Panels

Pharma

Hyderabad Mohan +91 90002 19789 mohan@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 Vivek Nair

+91 87544 10789 vivek.n@krishnapatnamport.com

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4

Mar. 28th - Apr. 3rd Issue

DP World, NIIF Joint Venture Hindustan Infralog Acquires 90% CWCNSL Chennai

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Port Wings News Network industan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announces the acquisition of a 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd (CWCNSL), an integrated multimodal logistics player in India.

CWCNSL’s founders, the Reddy family, will retain the remaining 10% shareholding and will remain involved in the business operations.

The purchase consideration is below 5% of DP World’s net asset value as of FY20171 and it is the first investment of HIPL, the recently created investment vehicle between DP World and NIIF to invest up to US$ 3 billion in ports, logistics and related sectors.

CWCNSL was founded in 1997 and is a leading integrated multimodal logistics provider of Warehousing, Container Freight Stations (CFS), Inland Container Depots (ICD), Private Freight Terminals (PFT) and integrated logistics solutions.

CWCNSL’s logistics network is spread across key strategic locations in India covering a total area of over 400 acres and providing over 660k

TEU (twenty-foot equivalent units) capacity. In addition, CWCNSL’s wholly owned subsidiary Delex Cargo India Private Ltd provides door-to-door logistics solutions including freight forwarding, 3rd party logistics, express logistics and hub-and-spoke model of delivery across 54 locations in 40 cities.

In India, DP World has been operating container port terminals since 1997 and was instrumental in building the first Private-Public Partnership (PPP) project for the Government of India. DP World is currently present at six locations in India with over 6 million TEU of gross capacity and also operates container trains connecting ports to the hinterland.

The acquisition of CWCNSL will further enhance DP World’s presence in the entire logistics value chain in India. The current operations of CWCNSL are highly complementary to the Group’s existing business in terms of the business model and geographic footprint providing significant new revenue opportunities over the long term.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP

World, said: “We are delighted to start our recent partnership with NIIF with this strategic acquisition to develop logistics and warehousing solutions to support India’s growing economy and trade.

“As a global trade enabler, we aim to grow in complementary sectors of the global supply chain, which includes inland container terminals, freight corridors and logistics infrastructure. The acquisition of Continental Warehousing Corporation provides us with a scalable platform to accelerate growth in the rapidly evolving logistics sector in India. We look forward to actively collaborating with the Reddy family, our partners in Continental Warehousing Corporation, to drive and realize the Company’s growth.”

Adi Keshav Reddy, Founder, CWCNSL, said: “The strategic partnership with Hindustan Infralog and its parent DP World will have huge potential for logistics infrastructure in India and will enable CWCNSL to enhance its end-to-end value-added services to customers. We have enjoyed a successful partnership with Warburg Pincus, IFC and Aureos, and look forward to partnering with Hindustan Infralog for the next phase of the Company’s growth.”

Industry Should Target Export-driven Growth: Commerce Minister Suresh Prabhu Mumbai

T

Port Wings News Network he Union Minister for Commerce & Industry, Shri Suresh Prabhu has said that we can say no to plastics, but we need to say yes to environmentfriendly plastic, which he said is nothing but biodegradable plastic which can be recycled. Stating that plastic has a tremendous growth potential, the Minister said that if we don’t use plastic, we will have to use timber, which in turn will lead to deforestation. He said that we have to therefore make a choice between biodegradable plastic and deforestation. The Minister said this, inaugurating CAPINDIA 2018, the third edition of the international Make in India show for exporters.

Shri Prabhu said that India today can make all kinds of chemicals, and that it is catering to domestic as well as global needs. He noted that India is the largest producer and exporter of agrochemicals.

Stating that India adheres to environmental norms as per international standards, he said that no business that is not environmentfriendly can be carried out on a global scale. Shri Prabhu said that our forest is one of the richest in the world in terms of biodiversity.

The Minister said that the Indian industry needs to do far more in the mining sector. He said there is a need to spread the awareness across the industry that we would not be able to produce anything without mining. Mining, he said, is the basic ingredient which makes the industry work and it must be ensured that mining is undertaken by adhering to the highest environmental standards.

Underlining the importance even of

post-mining activities, the Minister said that mining is necessary for sustenance, and that mining and downstream activities can create huge opportunities in the service sector as well.

The Minister said that CAPINDIA maps India’s capability in plastics, non-forest produce, chemicals, petrochemicals and mining. He said that the event therefore caps India’s potential. Expressing Government’s full support to the exhibitors, the Minister recalled the Global Services Export Event organized in May and said that it will lead to trillion-dollar exports including merchandise and services exports.

Shri Prabhu said that export-driven growth is what the industry should target.

About CAPINDIA 2018 The 3rd Edition of CAPINDIA 2018, under the aegis of the Department of Commerce, Government of India( GOI), supported by Department of Chemicals and Petrochemicals, GOI and organised jointly by PLEXCONCIL, CHEMEXCIL, CAPEXIL & SHEFEXIL, is one of the largest sourcing and networking events for the Chemicals, Plastics,

Construction & Mining Industries and Allied Products.

The State of Gujarat is the State Partner for CAPINDIA 2018.

This expansive ‘ M a k e in India’ showcase of India’s manufacturing capacities and capabilities ( including its abilities to service overseas markets) was held from 22nd to 24, March 2018 at the Bombay Exhibition Centre, Goregaon, Mumbai. The initiative is a showcase of the country’s worldclass manufacturing capabilities and capacities and aims to enhance exports of Indian manufactured products.

The 3-day exhibition, spread over 18,000 sq mt and hosted 700+ manufacturers/exporters, who are showcasing hundreds of products, including a range of Industrial & Agricultural Raw Materials, Consumer Items, Packaging Items, Plastics Processing Machinery and Construction Materials, Mining Products amongst others, CAPINDIA hosts 400 International buyers from across the globe who are being invited to attend the Buyer Seller Meets being organized as part of the Government’s MAI Scheme to promote key export segments through platforms that foster closer trade collaboration between Indian manufacturers- exporters and target countries.

Nitin Gadkari Inaugurates Inland Ferry Services in Goa Panaji

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Port Wings News Network nion Minister of Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari on 20 March inaugurated the Inland ferry services in the port city of Vasco in Goa. In his keynote address, the Minister said that while addressing the needs of the poor, environment and ecosystem must be given its due priority. To achieve this, all the stakeholders need to make a concerted decision and action. He said, India has about seven thousand five hundred kilometres of seashore which can help the development of the country while giving tourism the much-required boost. Goa owes its emergence as a tourism state due to its coastal belt. The tourism sector has very high potential for Investment and employment generation.

The Minister said, use of waterways is economical, environmental friendly; and needs better utilization. Shri Gadkari pointed out that tourists traveling

through the waterway can save time and money and avoid pollution and ease the road congestion.

He said, the central government has so far provided Rs 15,000 crore for development of roads in Goa. He assured that Goa will receive all the funds required for the development projects under ‘Sagarmala’. Shri Gadkari suggested that the hotels and airports in Goa can be connected with waterways. He said that Goa could become a ‘Cruise destination’ in the future, which shall generate huge employment.

Union Minister of State for AYUSH (Independent Charge) Shripad Naik, South Goa MP Narendra Sawaikar, Rajya Sabha MP Vinay Tendulkar, Urban Development Minister, Goa state, Francis D’Souza, Chairman

of Mormugao Port Trust, I Jeyakumar were also present on the occasion.

PSA’s Bharat Mumbai Container Terminals Enhances Nhava Sheva Connectivity With First Barge & Train Volumes Mumbai

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Port Wings News Network harat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for Jawaharlal Nehru Port Trust (JNPT) users with its first barge and train volumes last week.

A 90-TEU (twenty-foot equivalent unit) block train departed for Mandideep on 13 March 2018, while a second train left for Nagpur on 16 March.

Both trains were operated by Container Corporation of India (Concor).

On 18 March, there were both barge and rail movements as Shahi Shipping’s “Royal Hugli” barge loaded 75 TEUs at BMCT for the short marine transit to Mumbai Port Trust; while an export train operated by Concor arrived from Boisar, carrying containers for other terminals in JNPT. Containers for other JNPT terminals arriving by rail at BMCT will be trucked less than 4 km via JNPT’s South Gate, to connect with export vessels berthed at those terminals.

It may be noted that BMCT is one of only two terminals in JNPT able to offer customers direct barge connections.

BMCT’s rail yard is equipped with four twinlift-capable Rail Mounted Gantry (RMG) cranes serving three lines. It will be the

only terminal in JNPT capable of handling 1.5 km-long, 360-TEU Dedicated Freight Corridor (DFC) trains when the DFC is completed.

The rail capacity at BMCT’s railyard will be doubled by the end of 2022 with the completion of BMCT’s Phase 2, adding four more RMGs and three more lines to become the largest railyard in a container terminal in India.

Commenting on the development, Mr Suresh Amirapu, CEO, BMCT, said, “BMCT is enhancing options for port users. Our state-of-theart equipment will provide train operators a faster turnaround: we target 35 percent of BMCT volumes by rail once the DFC is complete.

Similarly, unrivalled space and flexibility means BMCT is well equipped to seamlessly handle barge volumes and provide that option to cargo owners.

“BMCT is working with all stakeholders to improve connectivity via increased rail and barge utilisation; the handling of a train carrying containers for other terminals at JNPT today and the barge call is testament to that. We look forward to continue working closely with all stakeholders for the benefit of JNPT users.”

Special Story

Mar. 28th - Apr. 3rd Issue

WTO Members Raise Concerns Over US Tariffs on Steel and Aluminium at Goods Council Chennai

Port Wings News Network TO members expressed concern over the United States’ imposition of higher tariffs on steel and aluminium imports and the impact they may have on the global trading system at a meeting of the Council on Trade in Goods on 23 March, the same day the new US measure came into effect. The US responded by saying that the tariffs are necessary to address the threat these imports pose to national security.

WARNING US AGAINST MEASURES Over 40 members - including the 28 members of the European Union - took the floor to warn against measures that have repercussions not only on traders’ commercial interests but also on the predictability and stability of the rules-based multilateral trading system following the entry into force of the “Presidential Proclamation on Adjusting Imports of Steel into the United States”. The proclamation imposes a 25% ad valorem tariff on imported steel and a 10% tariff on aluminium articles as of 23 March.

The US measure is inconsistent with the General Agreement on Tariffs and Trade (GATT) and the WTO Agreement on Safeguards, said China, which, along with Russia, had requested for this issue to be taken up at the meeting.

China was of the view that the US measure did not take into account

W

information demonstrating how steel and aluminium imports would not affect national security. China called on the United States to refrain from taking unilateral measures, follow WTO rules and uphold the multilateral trading system.

NEW TARIFFS EXCEED THE BOUND RATES The Russian Federation said the new tariffs exceed the bound rates the United States had committed to under WTO rules. It further noted that several WTO members would be exempted from the new US measure and sought further clarification on this exemption and how the measure can be justified under WTO rules.

The Russian Federation said it was looking forward to constructive dialogue with the US. The other members who took the floor to raise issue with the new US measure and call for the upholding of the multilateral trading system were Japan; Venezuela; Brazil; New Zealand; Turkey; Korea; Hong Kong, China; Singapore; Thailand; Pakistan; Norway; Australia; India; El Salvador; Switzerland; Paraguay; Guatemala; and Kazakhstan.

“THREATEN TO IMPAIR THE NATIONAL SECURITY” In response, the United States said that its Secretary of Commerce, in its investigations pursuant to Section 232 of the Trade Expansion Act of 1962, had found that quantities of imports and circumstances of global excess capacity for producing steel and aluminium “threaten to impair the national security”. Tariffs, as noted in the US President’s proclamations, are necessary to address the threat.

The US further noted that the President’s proclamations authorized the provision of relief from the new duties on steel or aluminium articles determined not to be produced in the United

States in sufficient amounts or of satisfactory quality. The Department of Commerce published requirements and procedures on 19 March for requesting such exclusions and submitting objections to exclusion requests. Moreover, on 22 March, the President issued proclamations removing, for a period of time, the application of additional tariffs with respect to certain countries with which the US has a “security relationship”, the US said.

their concerns and explore potential solutions. Actions taken outside these collective processes greatly increase the risk of escalation in a confrontation that will have no winners, and which could quickly lead to a less stable trading system. Disrupting trade flows will jeopardise the global economy at a time when economic recovery, though fragile, has been increasingly evident around the world. I again call for restraint and urgent dialogue as the best path forward to resolve these problems.”

INDIA MAY NOT BE EXEMPT FROM HIGHER US STEEL IMPORT TARIFFS India is unlikely to be granted an exemption from the higher tariffs on imports of steel and aluminium imposed by the US— its name is missing from a list of probable partner countries the US is considering for a reprieve, according to a report in business daily Livemint.

US trade representative Robert Lighthizer said his office is actively

US TRANSPARENCY PROPOSAL The Goods Council also considered the United States’ revised proposal to enhance transparency and strengthen notification requirements. Members had earlier discussed the first version of the proposal at the 10 November meeting of the Goods Council ahead of the 11th Ministerial Conference (MC11) in Buenos Aires; however, no decision was taken at MC11.

“US FOR GENERAL COUNCIL DECISION” The United States, introducing its revised proposal, said it had made changes to reflect that it is no longer seeking a Ministerial outcome but rather a General Council decision. It said it removed explicit provisions pertaining to notifications concerning technical barriers to trade and specific enhancements proposed for fisheries subsidy notifications. The US said, however, that is has maintained the administrative measures it had previously proposed for WTO members that fail to provide a required notification after a certain time.

US PROPOSAL FOR REVIVING A WORKING GROUP All members who took the floor reiterated their agreement that enhancing transparency and improving members’ compliance with notification requirements were important objectives. Several welcomed the US proposal for reviving a working group dedicated to improving notification compliance and updating the handbook on notification obligations. However, many were of the view that the proposed administrative measures would not necessarily encourage compliance with the notification obligations, particularly when technical capacity to draft these notifications was lacking.

STATEMENT BY DIRECTOR-GENERAL AZEVÊDO IN RELATION TO THE COUNCIL ON TRADE IN GOODS Director-General Roberto Azevêdo today (23 March) issued the following statement in regards to the meeting of the WTO’s Council on Trade in Goods.

“At today’s meeting of the Council on Trade in Goods, WTO members reviewed and discussed many of the most pressing trade issues of the moment, including a number of the specific tensions that have arisen between different members in recent weeks. It is positive to see members continuing to use the WTO as a place to discuss these issues.

“ENCOURAGE MEMBERS TO CONTINUE WORKING THROUGH THE WTO’S MANY FORUMS” “I encourage members to continue working through the WTO’s many forums and mechanisms to deal with

discussing exemptions at the request of the European Union (EU), Australia and Argentina, and similar talks are expected with a “great number” of other nations, including Brazil, for a possible exemption from the tariff hikes.

So far, US president Donald Trump has announced that Canada and Mexico, two of its closest allies will be exempted from the tariff hike. “I believe that countries will get out as we come to agreement, that some countries will be in a position where the duties will not apply to them in the course of the negotiation,” he said.

INDIA’S STRATEGIC PARTNERSHIP WITH THE US India’s commerce secretary Rita Teaotia last week said India is quite surprised and disappointed by the US decision to include it in the list of countries that will face higher tariffs on their exports of steel and aluminium though it is not a major exporter of these items to the US. “Since the tariffs have been imposed on security grounds and some of the key trading partners have been excluded from that, on the basis of India’s strategic partnership with the US, we are certainly not a security

5

threat to the US. So exemption to India should also be available on the same ground,” she added. “will seek an exemption bilaterally” Commerce minister Suresh Prabhu has said his ministry will seek an exemption bilaterally.

What makes an exemption for India more unlikely is a 14 March statement by House Ways and Means Committee chairman and Republican Kevin Brady after the US challenged India’s export subsidy programmes at the World Trade Organization (WTO).

“In responding to India’s prohibited subsidization of its steel industry in this manner, we prove the significance of the WTO dispute settlement process as a powerful, valuable, and appropriate tool in the Administration’s toolbox to address unfair practices that hurt our steel workers and companies. I join the Administration in calling on India to end its unfair trading immediately,” he added.

India, the world’s 14th-largest steel exporter, exported iron and steel worth $320 million and aluminium worth $350 million to the US in 2016-17. The US ranked seventh as a destination for India’s steel exports, accounting for 5% of exports.

An HSBC survey released this week showed Indian companies are most concerned about rising protectionism across the world with nine in ten companies holding the view against the global average of six in ten.

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branches 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.

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6

Vessel Position at Terminals - (28.03.2018 TO 04.04.18)

Mar. 28th - Apr. 3rd Issue

7

CITPL - Chennai

CCTL - Chennai ETA

ETD

Service

Vessel Name

Voy

28/03

29/03

BOX1

OCEAN PROLOGUE

Agent/Line

Calling Ports

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

Colombo

28/03

29/03

MD1

WAN HAI 301

18558E

WAN

Vizag, West Port Klang, Port Klang, Singapore

28/03/

29/03

TSC

NYK PAULA

210

SCM

Port Klang, Singapore, Laem Chabang

PSA Sical - Tuticorin ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

28/03

29/03

FEEDER

Quen of Luck

067

Transworld

COLOMBO

01/04

02/04

FEEDER

Quen of Luck

068

Transworld

COLOMBO

30/03

31/03

FEEDER

Cape Nemo

348

BTL (I) / BTL

COLOMBO

02/04

03/04

FEEDER

Cape Nemo

349

BTL (I) / BTL

COLOMBO

E.G.M.NO.

29/03/

30/03

ACS

HS BAFFIN

012

HMM

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

29/03

30/03

CI3

WAN HAI 508

152E

WAN

Port Klang, Singapore, Ulsan, Shanghai, Hong Kong

30/03

31/03

FME

FELIXSTOWE BRIDGE

060E

RCL

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

Kattupalli

DAKSHINBHARATH GATEWAY TERMINAL / Tuticorin 28/03

29/03

FEEDER

VICTORIA STRAIT

CHAKIAT

TUTICORIN, COLOMBO

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

28/03

29/03

CCG

XIAMEN

7

SIM

Colombo, Cochin, Jebel Ali, Chennai, Visakhapatnam

30/03

31./03

TCX

GENOVA

36

SCA

WestPort Klang , North Port Klang, Singapore, Laem Chabang

31/03

01/04

C13

WAN HAI 508

152W

WAN

Port Klang, Singapore, Ulsan, Shanghai, Hong Kong

29/03

29/03

PIX2

SSL KOCHI

SSL

KICT, TUTICORIN, COCHIN, JEBELALI

29/03

30/03

FEEDER

.ER SYDENY

BTL

COLOMBO, TUTICORIN

KPCT, Krishnapatnam ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

31/03

01/04

ACS

HS Baffin

012E

Hyundai & Zim

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

02/03

03/04

CHX

Maersk Ganges

1805

Maersk & Safmarine

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

29/03

30/03

CCS1

Vladivostok

048

MSC & NVOs

Colombo

27/03

28/03

COASTAL

SSL Gujarat

059N

01/04

02/04

FEEDER

Maersk Danube

1810

02/03

03/04

CCG

ALS Fides

003

ETA

ETD

27/03 27/03

Kolkata, Haldia, Vizag Maersk & Safmarine

Colombo, Salalah

MSC, SCI,

Colombo, Jebel Ali

NSICT - Mumbai ETA

ETD

Service

Vessel Name

28/03

29/03

MIDAS

28/03

29/03

29/03 31/03

Agent/Line

Calling Ports

THORSTAR

CCA

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

MESAWA

CMA CGM JAMAICA

CCA

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

30/04

INDUS

MSC CANDICE

MSC

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

01/04

IIX

NEGAR

RIS

01/04

02/04

MECL

MAERSK COLUMBUS

02/04

03/04

MWE

GH CHINOOK

03/04

04/04

GALX

Voy

DIAPOROS

ETD

Service

Vessel Name

28/03

29/03

AIS

29/03

30/03

C12

30/03 31/03

31/03 01/04

NDX CISC

Voy

Voy

Agent/Line

28/03

EMIRATES SANA

1807E

ESA

28/03

KARUTHAL

1805

TAL

28/03

29/03

SSL BRAHMAPUTRA 011

SHR

29/03

30/03

SARAYU

040

SMI

30/03

30/03

AL MANAMAH

8102

HPL

31/03

01/04

DIAPOROS

18114

CSS

31/03

01/04

SSL KOCHI

141

SHR

02/04

02/04

XIAMEN

007W

MBK

ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

27/03

28/03

FME

TIANJIN BRIDGE

035E

SMI

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

28/03

29/03

FSKVCH

KAPITAN AFANASYEV

032S

FOC

29/03

FSKVCH

VLADIVOSTOK

048N

FOC

MSK

30/03

CHX

LEONIDIO

1805

MSK

MSK

Salalah, Mombasa, Nhava Sheva, Mundra, Port Qasim

30/03

1-4

MDM

WANHAI508

18558E

WHL

1-4

2-4

SECOS

SSL GUJARAT

059N

SSL

RCL

Port Kelang, Colombo, Cochin, Nhava Sheva, Mundra, Jebel Ali, Hazira, Colombo

PIRAEUS

TSI

Port Klang, Nhava Sheva

WAN HAI 515

WHI

Vizag, Port Klang, Singapore

Calling Ports

VCTPL, Vizag

29/03

Calling Ports

EVER UNISON

Vessel Name

28/03

Agent/Line

CARPATHIA

Service

Nhava Sheva, Mundra, Port Qasim, Singapore

JNPT - Mumbai ETA

ICTT - Vallarpadam

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

APM Terminal - Mumbai ETA

ETD

Service

Vessel Name

27/03

28/03

HSX

MOL EXPLORER

Voy

Agent/Line

Calling Ports

MOL

Nhava Sheva, Karachi, Pipavav...

28/03

29/03

IMED

CMACGMBLUEWHALE

APL

Nhava Sheva, Karachi, Pipavav...

28/03

29/03

ME3

MAERSK KYRENIA

MSK

Pipavav, Hazira, JNPT, Jebel Ali...

28/03

29/03

IMX

X-PRESS KARAKORAM

ZIM

Port Klang, Colombo, Nhava Sheva...

29/03

30/03

WIN

TASMAN

HLI

Port Klang, Nhava Sheva, Pipavav...

29/03

30/03

HLS

NEWARK

NYK

Port Klang, Singapore, Nhava Sheva...

POS

Jebel Ali, Jnpt ,Doha

EGI

Nhava Sheva, Colombo, Singapore, Shanghai, Ningbo, Hong Kong, Port Klang

30/03

31/03

MINA

CMA CGM TOSCA

CCA

Khor Al Fakkan, Jebel Ali, Mundra...

30/03

31/03

ASX

NORTHERN PRACTISE

SEC

Jebel Ali, Mundra, Hazira, Nhava Sheva

01/04

02/04

IQX

AL YASRA

POS

Mundra, Khor AL Fakkan, Jebel Ali

31/03

01/04

FM3

MAERSK SHIVLING

MSK

Port Qasim, Nhava Sheva, Pipavav...

2-4

3-4

ICX

HYUNDAI GLOBAL

GLD

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

01/0

02/04

CWI

HYUNDAI DYNAST

HMM

Port Klang, Nhava Sheva, Singapore...

Mundra International Container Terminal ETA

ETD

Service

Vessel Name

Voy

Agent/Line

Calling Ports

28/03

29/03

MAWINGU

UNI FLORIDA

1807

MSK

JNPT, Mundra, Port Qasim, Salalah, Mombasa

28/03

29/03

EPIC1

SAN FRANCISCA

808

HSD

Tanger Med, Southampton, Rotterdam, Humburg, Antwerp, Dunkerque, Le Havre, Port Said East

29/03

30/03

GALEX

BALBINA

1810W

ESA

Port Kelang, Colombo, Cochin, Nhava Sheva, Mundra, Jebel Ali, Hazira

31/03

01/04

ME1

MAERSK GUAYAQUIL

1804

MSK

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

04/04

05/04

PROTEA

FRISIA AMSTERDAM

1805

MSK

Port Kelang, Colombo, Cochin, Nhava Sheva, Mundra, Jebel Ali, Hazira

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.

Government Clarifies on E-Way Bill in Parliament New Delhi Port Wings News Network esponding to a question on E-way bill in written reply in Parliament, Shri Shiv Pratap Shukla, Minister of State for Finance stated that Government of India has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on e-way bill regarding movement of goods from dry-ports to sea ports and from SEZs within the zone.

Some of the queries regarding applicability of e-way bill provisions are as below: Exemption for export consignments during custom bonded movement from one airport o another; Movement from SEZ/FTWZ (Free Trade Warehousing Zone) to port and vice versa;Parity in movement of export cargo with import cargo.

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To clarify this issue the Central Goods and Services tax Rules, 2017 (CGST Rules) have been amended vide notification No. 12/2018-Central Tax dated 07.03.2018. As per sub-clauses (c) and (h) of sub-rule (14) of rule 138 of the CGST Rules, no e-way bill is required to be generated where the goods are being transported: from the customs port, airport, air cargo complex and land customs station to an inland container depot or a container freight station for clearance by Customs; under customs bond from an inland container depot or a container freight station to a customs port, airport, air cargo complex and land customs station, or from one customs station or customs port to another customs station or customs port; under customs supervision or under customs seal.

Mar. 28th - Apr. 3rd Issue

Vakrangee Ltd Announces Strategic Business Tie-up With Blue Dart Express Ltd Chennai

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Port Wings News Network akrangee Limited through its wholly owned subsidiary company -- Vakrangee Logistics Private Limited-- (VLPL) has entered an alliance with Blue Dart Express Limited to offer last mile courier and logistics services on a Pan-India basis.

As per the arrangement with Blue Dart, VLPL through Vakrangee Kendras will offer courier pick-up and delivery services to the citizens – more affordably, reliably & efficiently. In the first phase, VLPL in collaboration with Blue Dart plans to roll out last mile delivery services across selected locations in Maharashtra, which will further be extended to cover the entire network of Vakrangee Kendras across the country. This association will allow Blue Dart to extend their reach to un-served and under-served areas through Vakrangee Kendras.

Parallelly, this alliance will benefit Vakrangee Limited by further expanding their bouquet of services for citizens.

Shailendra Jindal, CEO, Vakrangee Logistics, said, “This strategic partnership is a game changer for the e-commerce industry in India that is struggling for delivery of goods to the large rural population of India. Blue Dart is a well-known brand and this tie up is very important to us

as we scale up our logistic services to provide courier booking and last mile delivery services to citizens across the country. This tie-up will also open up additional sources of revenue

to our franchisees. Vakrangee Ltd. promises to give every Indian, their rightful access to a wide range of modern-day products and services.”

Anil Khanna, Managing Director, Blue Dart Express Limited, commented, “At Blue Dart our vision is to establish continuing excellence in delivery capabilities focused on the individual customer and this partnership with Vakrangee Logistics Private Limited enables us to expand our reach to the hitherto unserved and underserved areas across the country. We, have evolved an infrastructure unique in the country today to provide express delivery services through our exceptional people, processes

and superior technology. The 44000 plus Vakrangee Kendras will further expand our reach and delivery capabilities that could give new dimensions to the e-commerce logistics.”

Vakrangee is a technology driven company, focusing on creating India’s largest network of last mile retail points-of-sale.

The company’s aim is to potentially enable every Indian to seamlessly benefit from financial inclusion, social inclusion, digital India, skill development, employment, government programs and a wider access to basic goods and services. It is the third largest franchisee network globally with more than 44000 Vakrangee Kendras in more than 17 states.

The company endeavours to bridge the financial inclusion gap between the developed urban India and the under-developed rural India through Vakrangee Kendras.

Blue Dart Express Limited, South Asia’s premier courier, is an integrated express package distribution company.

Its extensive domestic network covers over 35000 locations, and services in more than 220 countries and territories worldwide through their group company DHL, the premier global brand name in express distribution services.

DP World Acquires Peru-based Logistics Player Cosmos Agencia Maritima Chennai

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Port Wings News Network lobal trade enabler, DP World on 18 March announced the acquisition of Cosmos Agencia Maritima S.A.C. (CAM) for $315.7 million.

Based in Peru, CAM owns a fully integrated logistics service business (Neptunia S.A and Triton Transport S.A) that offers endto-end solutions to its customers.

The logistics division offers an integrated platform of solutions in activities related to foreign trade, product storage and distribution, as well as freight services that facilitate development and implementation of industry specific projects.

In addition to the maritime

and logistics services offered by Cosmos Group, it also has a 50% stake in Terminales Portuários Euroandinos S.A., in the Port of Paita (Peru), which is the second largest container terminal in the country.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “We are delighted to add Cosmos Agencia Maritima into the DP World portfolio and this acquisition supports our recent strategy of extending our core business into complementary sectors.

Sultan Ahmed Bin Sulayem

stated: “The acquisition not only extends our footprint in Latin America, a region which we believe has significant growth potential but importantly adds to our existing presence Peru, where we already operate a container terminal in the port in Callao – a terminal that is one of the most efficient and productive in the region and has been consistently ranked as the best port in South America by its customers. The addition of CAM will allow us to offer improved solutions to our customers and the option of alternative container capacity. Overall, we expect this acquisition to further diversify our revenue, improve the quality of our earnings and drive returns.”

Project Oversight Committee of Jal Marg Vikas Project Meets in Lucknow New Delhi Port Wings News Network he 8th Project Oversight Committee (POC) meeting of Jal Marg Vikas Project (JMVP) was held in Lucknow, Uttar Pradesh, on 20 March.

Senior officials from Inland Waterways Authority of India (IWAI), Ministry of Shipping, World Bank and Governments of Uttar Pradesh, Bihar, Jharkhand and West Bengal - the states through which National Waterway -1, i.e., river Ganga flows, participated in the meeting.

The POC meetings are held periodically to enhance coordination

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among all the stakeholders for implementation of JMVP on NW1. Discussions were held and issues related to land acquisition for JMVP sub-projects in Varanasi, Ghazipur, Kalughat and Sahibganj were also discussed in the meeting.

Uttar Pradesh is one of the main stakeholder states of the Jal Marg Vikas Project, where a Rs 169.59 Crore state-of-the-art multi-modal terminal at Varanasi is being constructed. A freight village is also proposed separately at Varanasi for which acquisition of land is in advanced stage. Besides, Intermodal terminal at Ghazipur, ferry and Ro-Ro terminals at

various locations are proposed in U.P. JMVP is being implemented with technical and financial assistance of the World Bank at an estimated cost of Rs. 5,369 crore for plying of vessels with capacity of 15002,000 tons. Phase-I of the project covers the Haldia-Varanasi stretch which includes development of fairway, Multi-Modal Terminals, strengthening of river navigation system, conservancy works, modern River Information System (RIS), Digital Global Positioning System (DGPS), night navigation facilities, modern methods of channel marking etc.

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NEWS - BITS Global fuel market to remain relatively stable next week

World oil indexes demonstrated slight irregular fluctuations in the end of last week but have climbed at the start of this week on Middle East tension, falling production in Venezuela, a weakening of the U.S. dollar and an unexpected decline in the U.S. crude oil inventories by 2.6 million barrels.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO at the main world hubs) demonstrated firm upward trend as well in the period of Mar.15 – Mar.22: 380 HSFO - up from 354.79 to 370,57 USD/MT (+15.78) 180 HSFO - up from 395,00 to 408,43 USD/MT (+13.43) MGO - up from 602.00 to 626,14 USD/MT (+24.14) The International Energy Agency (IEA) reported the first increase in OECD commercial stocks since July, but the 18-million-barrel increase was only half the usual level, and the surplus to the five-year average dropped to 53 million barrels as of January 2018. The IEA also predicted global oil demand would pick up this year, but supply is growing at a faster pace, which should boost inventories. The agency raised its forecast for oil demand this year to 99.3 million barrels per day (bpd) from 97.8 million bpd in 2017, and said it expected supply from non-OPEC nations to grow by 1.8 million bpd in 2018 to 59.9 million bpd, led by the United States.

Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M’18, up 6% Y-o-Y Freight volume handled at the Port of Klaipeda, Lithuania, in January-February 2018 grew by 6%, year-on-year, to 7.25 million tonnes, the Port Authority statistics said. Transshipment of liquid bulk cargo grew by 7.6% to 1.98 million tonnes, dry bulk cargo – fell by 3.4% to 2.99 million tonnes, general cargo – grew by 19.7% to 2.28 million tonnes.

In the reporting period, Butinge Terminal handled 1.47 million tonnes of oil (+21.6%). The port’s passenger throughput grew by 12.1% to 21,700 passengers.

The number of calls totaled 1,059.

State-run Port of Klaipeda, the northernmost ice-free port on the East coast of the Baltic Sea, is the largest Lithuanian transport hub, connecting sea and inland traffic lanes. There are 17 stevedore companies, shipyards and other operators at the port, providing a broad range of services. Throughput of Klaipeda port in 2017 totaled 43.17 million tonnes.

Rolls-Royce completes the £1.3 million MAXCMAS research project

Rolls-Royce has completed the £1.3 million MAXCMAS (MAchine eXecutable Collision regulations for Marine Autonomous Systems) research project, demonstrating that the operation of autonomous vessels can meet, if not exceed, current collision avoidance (COLREG) rules, the company announces in its press release.

Project partners Lloyd’s Register, Warsash Maritime Academy (WMA), Queen’s University Belfast and Atlas Elektronik (AEUK) found that use of newly developed algorithms allowed existing COLREGs to remain relevant in a crewless environment, finding that Artificial Intelligence-based navigation systems were able to enact the rules to avoid collision effectively, even when approaching manned vessels were interpreting the rules differently.

A key aspect of the research was the use of WMA’s networked bridge simulators.

These highly immersive simulators, typically used for seafarer training, were used to analyse reactions from the crew when faced with a range of real-world situations and subsequently hone the MAXCMAS algorithms.

Acta Marine newbuild successfully completed sea trials

The SOV W2W vessel Acta Auriga, currently under construction at Ulstein Verft, Norway, has successfully completed her sea trials last week, Ulstein announces in its press release. The walk-to-work vessel is custom-designed for the offshore energy industry. Together with a 3D crane, SMST gangway and elevator tower, and the X-BOW and X-STERN design solutions, the vessel will break new grounds in workability, in-field agility, offshore logistics and comfort on board for 120 persons combined with a low fuel consumption.

As part of the sea trials the vessel was tested at maximum forward and backward speed. Featuring the X-STERN the aftward speed exceeded 12.5 knots, underlining the excellent in-field agility of the vessel. The registered speed in forward mode exceeded 13.5 knots. The noise and vibration level tests proved to be well within the limits of the high comfort class on this vessel. The mission equipment; the large centrally positioned SMST provided walk to work motion compensated gangway & elevator tower for personnel and cargo transfers, and the 3D compensated SMST crane capable of 6-ton cargo lifts have also been successfully installed and commissioned.

CUSTOMS EXCHANGE RATES Notification No.19/2018 (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 Kenyan Shilling

with effect from 16th Mar. 2018

RATE (INR) Import Export 52.15 178.00 51.00 10.45 11.00 81.75 8.40 223.90 48.55 8.55 92.30 18.35 17.90 50.45 5.70 8.10 70.00 18.30 65.80 62.40 64. 90

50.35 166.75 49.35 10. 10 10.60 79.05 8.15 209.30 46.80 8.25 89.30 17.35 16.75 48.75 5.35 7.80 67.70 17.00 64.15 60.25 60.65

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

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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

PSA International Records 8 % Revenue Growth in 2017 Chennai

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Port Wings News Network ort and container terminal operator PSA International Pte Ltd (PSA) has registered a revenue increase of 7.8% for the period ended on 31 December 2017, latest data released by the company on 19 March has revealed.

According to the details available, profit from operations also grew 5.0% compared to previous year.

Overall net profit for the year was 5.1% higher at $1.23 billion, the statement added.

As one of the leading global port groups, PSA participates in around 40 terminals in 16 countries across Asia, Europe and the Americas with flagship operations in PSA Singapore Terminals and PSA Antwerp.

74.24 million Twenty-foot Equivalent Units For the period ended on 31 December 2017, PSA International Pte Ltd has handled 74.24 million Twenty-foot Equivalent Units (TEUs) representing an increase of 9.8% from the previous year.

While PSA’s flagship Singapore Terminals contributed 33.35 million TEUs, ( increase of 9.0% over 2016) PSA terminals outside Singapore delivered a total throughput of 40.89 million TEUs, increasing 10.4% over 2016.

PSA’s balance sheet remains strong with a gross debt equity ratio of 0.52 times at the close of 2017.

Commenting on the performance, Mr Fock Siew Wah, Group Chairman, PSA International, said, “Despite the social-political upheavals, economic disruptions, rising protectionism and chaotic operating conditions brought about by malicious large-scale cyber attacks on certain entities in 2017, PSA

managed to continue a growth trajectory, performing creditably due in no small part to a resurgent global economy that appeared resistant to isolationist rhetoric and the ubiquitous consolidation of shipping alliances which hub their shipping services in many PSA terminals.”

Mr Fock Siew Wah stated: “On behalf of the PSA board and management, let me express my deepest gratitude to our customers and business partners for their unfaltering confidence and trust in PSA. I would like to assure them that we stay committed to serving them to the best of our ability and to further strengthen our long term relationships. We would also not have achieved our corporate milestones without the remarkable resolve and unity of our management, staff and unions working tirelessly, hand in hand, to uphold PSA’s deeprooted commitment to quality and excellence.”

“Looking ahead in 2018 and into the future, the world and our industry will continue to be buffeted by an inexorable range and accelerating pace of transformation and disruptions in the way goods are produced, sold, transported and used. These changes present us with both challenges and opportunities.

PSA will continue to work closely with its partners and customers to tap the relevant technologies, develop innovative solutions that facilitate trade flow and improve

processes, and co-create business models that will bring sustained benefits and value to all stakeholders in the global supply chain,” Mr Fock Siew Wah added.

Mr Tan Chong Meng, Group CEO, PSA International said: “2017 ended on a relatively positive note as global container throughput had its strongest showing since 2011, aided by stronger economic growth in many countries. The frenzied container liner shipping consolidation in 2016, which percolated into service deployment changes in 2017, also contributed towards PSA’s group throughput for the year.”

Mr Tan Chong Meng stated: “I would like to convey my grateful thanks to our customers and partners who continue to grow their business with PSA. Their collaboration and patronage have been invaluable and this motivates us to continue to invest in and deliver the high quality service which they have come to expect from PSA.” “Going into 2018, we are keenly aware that the dynamics of our industry remain highly changeable and competitive. As we witness the current wave of digitalisation and acknowledge the increasing quest for cargo flow visibility, we believe PSA can work with our customers and partners to create a new suite of solutions that exploit the opportunities which digitalisation offers, taking advantage of the fact that PSA already operates at key nodes of global trade and supply chains,” he added.

PSA will therefore keep an open mind, embrace change and collaboration, seize opportunities, and seek common good. By working together - PSA and partners - we can improve cargo flow and enhance trade,” concluded Mr Tan Chong Meng.

Moana Taka Partnership Unfolds Exciting Recycling Possibilities for Pacific Islands Chennai

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Port Wings News Network he China Navigation Company (CNCo) and the Secretariat of the Pacific Regional Environment (SPREP) have signed a memorandum of understanding (MOU) to address critical waste management issues in the Pacific islands on 20 March.

Known as the “Moana Taka Partnership”, this MOU allows for CNCo vessels to carry containers of recyclable waste from eligible Pacific island ports, pro bono, to be sustainably treated and recycled in suitable ports in Asia Pacific.

“This historic partnership will be of great benefit to our Pacific islands, and one for which we are very appreciative to The China Navigation Company,” said Mr Kosi Latu, Director General of SPREP. Mr Kosi Latu stated: “Our Pacific islands face an immense waste management challenge. With many geographical limitations, the Moana Taka Partnership can help us address the problem of taking our recyclable waste off island for proper recycling. This is a great step, or shall we say paddle, in the right direction.”

Mr James Woodrow, Managing Director of CNCo said, “China

Navigation has provided sustainable shipping solutions to the Pacific islands for 80 years. Today, the communities in the Pacific islands are facing some of the most pressing environmental challenges of our time and CNCo is committed to being part of the solution. As soon as we became aware of the critical need for sustainable waste management in the region, we worked urgently with the SPREP and UN Environment to put this partnership in place.”

Under this agreement, Pacific island countries who have insufficient or inappropriate landfill space to store waste, have inadequate waste treatment facilities, and the financial inability to ship recyclable waste are eligible for this opportunity. The types of materials that are considered recyclable include plastics, aluminium cans, waste oil and

ozone depleting substances.

The signing took place across Samoa and Singapore on 20 March to mark the Global Recycling Day 2018.

“Better waste management is absolutely critical for Pacific island nations. Landfills should be the last option and throwing it all in the ocean is not an option. We need to innovate, and this kind of public-private partnership is the way forward. Only when we work together can we overcome one of the biggest environmental challenges of our time,” said Mr Erik Solheim, Executive Director of UN Environment.

21 countries are eligible for these opportunities: American Samoa, Cook Islands, Commonwealth of Northern Mariana Islands, Guam, Fiji, French Polynesia, Kiribati, Republic of the Marshall Islands, Federated States of Micronesia, Nauru, New Caledonia, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Timor Leste, Tonga, Tuvalu, Vanuatu and Wallis and Futuna.

Mar. 28th - Apr. 3rd Issue

New Samskip Container Service for Amsterdam Container Terminal Chennai

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Port Wings News Network new short-sea container service between Amsterdam and Hull has been formally inaugurated on 21 March 2018 with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT).

The new service, operated by leading short sea container operator Samskip, offers three sailings a week on this new route with vessels departing from Amsterdam on Mondays, Wednesdays and Saturdays.

Commenting on the new service, Clemence Cheng, Managing Director of Hutchison Ports Europe, said:“Amsterdam Container Terminal offers shipping lines the opportunity to serve their customers in a fast, efficient, reliable and sustainable manner.

Its central location and excellent hinterland connections by road, rail or inland waterway make it ideal for a wide variety of cargoes from across the continent of Europe.”

ACT is operated by TMA Logistics in which Hutchison Ports is a 50% shareholder. TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp.

Gerben Matroos, Managing Director of TMA Logistics, said: “Attracting Samskip to Amsterdam Container Terminal is testament to both the strength of the UK-Netherlands market, and Amsterdam’s strategic location.

It will allow TMA Logistics to demonstrate its full range of value added handling, storage and distribution services. We are delighted that Samskip has entrusted ACT and TMA with this important new link and we look forward to working with them to deliver a firstclass service to shippers on both sides of the North Sea.”

Diederick Blom, Chief Operating Officer Samskip, adds:“Both Port of Amsterdam and TMA Logistics have shown exceptional commitment to this new partnership, which brings a new dimension to Samskip’s sustainable, multimodal transport solutions for all types of intermodal loads, including 45ft, reefer, flat rack, tank and bulk containers. Samskip will now offer eight sailings per week Rotterdam/ Amsterdam to and from Hull.”

Femke Brenninkmeijer, Director Energy, Cargo & Offshore of the Port of Amsterdam, said: “We are delighted to welcome Europe’s largest multimodal service provider to the Port of Amsterdam and to the new opportunities available to serve its customers by short sea, rail, inland barge and truck. Amsterdam’s location, its advantageous hinterland links, and its strong commitment

to its logistics partners benefit the regional and European industry and consumers alike. This new short sea service will fit perfectly in the core business of the Port of Amsterdam to develop a central short sea HUB for Europe and therefore we are convinced of the success and possibilities of this new Samskip short sea service.”

ACT boasts three berths with total length of 1,015 metres and depth of 15 metres, which are some of the deepest water multi-purpose berths in North Europe. Access will be further improved when a new sea lock, the largest in the world, opens at the end of 2019 at the entrance to the North Sea Canal.

ACT has outstanding multimodal connections by short sea, inland waterways, road and air. It is directly connected to this network with an excellent on-dock rail facility with three 700-metre-long tracks which offer a range of intermodal distribution options to its customers.

Hamburg Süd Improves Asia – Europe/ Mediterranean Network, Re-arranges Schedule Chennai

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Port Wings News Network

ince February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia – Europe/ Mediterranean network.

As part of a regular network review, and in an effort to enhance schedule reliability, the decision has been made to rearrange this network in the second half of the second quarter in 2018.

Increased buffer times and eliminated duplicate port calls throughout the network allows schedules to better absorb delays and therefore reduces the need to omit ports. At the same time, overall market-leading coverage and transit times have been maintained.

Commenting on the revision,

Frank Smet, CCO of Hamburg Süd, said, “As a member of the 2M setup, we are pleased to announce that the revised service network soon to be implemented is putting more focus on reliability and stability. As schedule reliability is an essential component for supply chains, we are sure that our customers will benefit from the new and improved network.”

Westbound sailings with new string configurations will commence from Asia to Europe/Mediterranean in early May. Detailed information on the individual services is available at www.hamburgsudline.com

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.