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AILBIEA holds its 20th Anniversary On pg. 18,17

Vol. XVIII-No. 24 n Mumbai, Monday, 15 April 2019 to 21 April 2019

DP World Cochin Hosts Wan Hai’s New Mainline Service – CI2

Mr. Praveen Joseph, Chief Executive Officer, DP World Cochin said, “With this new service, we are pleased to see India gain even greater access to key destinations across the world. See pg.3

The man behind See pg.4,5 Indian Shipping Wheel

www.bhandarkarpublications.com


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SAUDI PLANS WITH BAHRI

n BSN Network / Mumbai

Saudi logistics and transportation company Bahri recently hosted its customers and partners at a gala dinner held in Mumbai, India, underlining the company’s commitment to strengthening partnerships and enhancing customer satisfaction and shareholder value. More than 250 senior leaders, executives and representatives from across the shipping and logistics industry in India, as well as major export-import trading companies, attended the event that took place on March 29 at The Taj Mahal Palace. Abdullah Aldubaikhi, CEO of Bahri, said: “As one of the mainstays of India’s rapidlygrowing economy, the domestic maritime logistics and shipping sector has been witnessing tremendous growth in recent years. With Bahri India, we have steadily expanded and deepened our presence in this thriving market, offering our industry-leading and technology-driven onshore and offshore services. Reflecting this robust growth, the number of voyages by our vessels serving Indian customers has risen significantly over the years. “We would like to extend our deepest gratitude to our customers and partners in the country who have continued to be an integral part of our success story. We remain committed to stepping up our efforts toward catering to their varied and evolving needs, and will continue to build on our nearly two decades’ experience in this market to unleash its enormous potential for further growth and profitability,” added Aldubaikhi. Delivering his keynote address at the event, Ahmed Al-Ghaith, president of Bahri Logistics, highlighted major milestones and achievements since the company established its office in Mumbai in 2017. He said Bahri India has helped the business build on its long-standing presence in the fast-growing domestic maritime industry and establish stronger and more direct relations with customers and partners in line with the company’s long-term growth strategy, which hinges on strategic industry collaborations as well as the expansion of market footprint globally. Al-Ghaith added that Bahri’s sustained expansion into the Indian market has enabled the company to capitalize on opportunities that exist in the shipping and trade sectors to offer its value-added, high-quality logistics and transportation solutions, thereby advancing its growth and profitability. Bahri links India with key global markets along the Arabian Gulf, Red Sea, the Mediterranean and the US through a fast and reliable liner services using its fleet of stateof-the-art RoCon vessels. The company’s services also help connect India to Africa, Latin America and the Caribbean via internationally recognized transshipment hubs. Bahri Logistics, one of Bahri’s five business units, has been present in India since 2000, operating six multipurpose vessels on a regular liner schedule, all designed to carry project, ro-ro, breakbulk and container cargo in a single voyage.

BHANDARKAR SHIPPING NEWS

Capt. Anoop Sharma, CMD SCI dedicated ‘NMD Award of Excellence’ to Team SCI

n BSN Network / Mumbai Capt. Anoop Kumar Sharma, Chairman & Managing Director of The Shipping Corporation of India Ltd (SCI) was awarded with the prestigious ‘NMD Award of Excellence’ for his outstanding contribution to Indian shipping and to the maritime industry for close to four decades. Informatively, the ‘NMD Award of Excellence’ is the second highest national level award in Indian Shipping, conferred by the NMDC Central Committee. The Award & Citation was conferred at the prestigious ‘Grand Finale’ of the 56th National Maritime Day Celebrations 2019 held on 05th April 2019 at Y. B. Chavan Auditorium, Mumbai. Mr.Sanjay Bhatia, Chairman, Mumbai Port Trust was the Chief Guest and Mr. P. A. Jennings, Chairman, International Group of P&I Clubs was the Guest of Honour of the prestigious event. In his near four decades service, Capt. Sharma has served the industry at various responsible levels starting from

Training Ship Rajendra as a Cadet in 1979 and rising to become the Chairman & Managing Director of The Shipping Corporation of India Ltd, India’s largest Shipping Company and a ‘Navratna’ public sector enterprise. On receipt of the award, Capt. Anoop Sharma, C&MD, SCI said “I am extremely honoured to receive this prestigious award. This award has been possible due to extensive support of my Board colleagues, employees (onboard and ashore) of SCI and my family. I would like to dedicate this award to Team SCI”

SCI awarded ‘Most Compassionate Employer of Indian seafarers’

n BSN Network / Mumbai The Shipping Corporation of India Ltd (SCI) has been awarded with the ‘Most Compassionate Employer of India seafarers’ by the NMDC Central Committee for being the pioneer and for continuing to make special efforts for the welfare and development of the Indian seafarers. The Award & Citation was conferred at the prestigious ‘Grand Finale’ of the 56th National Maritime Day Celebrations 2019 held on 05th April 2019 at Y.B.Chavan Auditorium, Mumbai. Mr. Sanjay Bhatia, Chairman, Mumbai Port Trust was the Chief Guest and Mr. P. A. Jennings, Chairman, International Group of P&I Clubs was the Guest of Honour of the prestigious event. On receipt of the award, Capt.

Anoop Sharma, C&MD, SCI said “I am

glad to note that we have been once again bestowed with this award this year. SCI has been and shall remain to be the most compassionate employer of Indian seafarers which is a proud legacy. On this occasion, I would like to congratulate all the employees of SCI for the award”.

Major Shipowner Trade Associations Agree to Enhance Cooperation n BSN Network / Delhi The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) signed a joint memorandum of understanding in Singapore. “Shipping is a global industry requiring global rules. It is only natural that as the representatives of the world’s national shipowner associations that we should further cement our relationships to ensure that we work as effectively as possible in support of a global regulatory framework for shipping and in

opposition to unwelcome regional or unilateral initiatives that may impede the efficiency of maritime trade” said ICS Chairman, Mr Esben Poulsson. It is of utmost importance that shipowners outside our region are fully aware of local developments that may affect their operations” said ASA President, Mr Bhumindr Harinsuit. Cooperation with ICS and ASA allows us to enhance our joint efforts to represent the best interests of shipowners, whether at bodies such as IMO or when dealing with the EU institutions” said ECSA President, Mr Panagiotis Laskaridis.


BHANDARKAR SHIPPING NEWS

DP World Cochin Hosts Wan Hai’s New Mainline Service CI2 n BSN Network / Cochin Global trade enabler DP

World operated International Container Transshipment Terminal (ICTT) added a new weekly mainline service, ChinaIndia Express 2 (CI2) operated by Wan Hai Shipping Line. The maiden vessel called on DP World Cochin on 9th April, 2019. The service will strengthen the direct connectivity from Cochin to Fareast locations. The direct service is an opportunity to the trade, benefiting customers for faster connections ensuring timely loading and delivery as per schedules. With this major development, ICTT reinforces its position as South India’s transshipment hub. The service will provide direct connectivity to the below ports: Cochin – Penang - Port

Klang - Hong Kong – Qingdao – Shanghai – Ningbo - Shekou

Mr. Praveen Joseph, Chief Executive Officer, DP World Cochin said, “With this new service, we are pleased to see India gain even greater access to key destinations across the world. It will provide a direct, reliable and stable service benefitting the trading community of the country. Wan Hai Shipping Line’s decision to join forces with us underlines the confidence they have in our capabilities, adding value to trade across the seas. With this major development, DP World reinforces ICTT as an international transshipment hub. We are delighted to see this new service open and look forward to its success.”

CMA CGM set to complete acquisition of CEVA Logistics CMA CGM successfully completes its public tender offer to acquire CEVA Logistics and confirms its position as a leading worldwide transport and logistics group n Agencies l CMA CGM holds 97.89% of outstanding shares following the friendly bid for CEVA Logistics. l With CEVA, CMA CGM is implementing an ambitious transformation plan to serve customers with world-class logistics services. l Creation of an operational center in Marseilles to consolidate the management teams and accelerate CEVA Logistics’ return to profit. Successful completion of CMA CGM’s friendly bid for

CEVA Logistics Following the close of the public tender offer launched on 12 February 2019, the CMA CGM Group announced today that it will hold 97.89% of the outstanding shares and voting rights of CEVA upon settlement of the tendered CEVA shares, scheduled for 16 April 2019. As announced, CMA CGM plans to delist CEVA from the Zurich Stock Exchange. An ambitious strategic growth plan, to serve Group customers Merging CEVA’s operations

Mumbai, Monday, 15 April 2019 to 21 April 2019

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EXIM AND GHANA n Agencies Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended two Lines of Credit [LOCs] of USD 30 million for Rehabilitation and Upgradation of Potable Water System in Yendi and USD 150 million for Strengthening of Agriculture Mechanization Service Centres to the Government of the Republic of Ghana. The LOC Agreements to this effect was signed in Accra on April 05, 2019, by H.E. Mr. Ken Ofori Atta, Minister of Finance and Economic Planning, on behalf of the Government of the Republic of Ghana and Mr. Pushpesh Tyagi, Resident Representative, Abidjan Representative Office on behalf of Exim Bank. Signing Ceremony was graced by Mr. Birender Singh Yadav, High Commissioner of India in Accra, H.E. Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture, Government of the Republic of Ghana and H.E. Mr. Patrick Y Boamah, Deputy Minister of Sanitation and Water Resource, Government of the Republic of Ghana. With the signing of the above LOC Agreements for USD 30 million and USD 150 million, Exim Bank, till date, has extended 9 (Nine) Lines of Credit to the Government of the Republic of Ghana, on behalf of into the CMA CGM Group will strengthen its position as a worldwide leader in maritime transport and logistics. Present in 160 countries, the Group will be 110,000 people strong with more than $30 billion in revenue. The CMA CGM Group will now be able to meet the logistics needs of its customers around the world with a comprehensive range of solutions across the supply chain, including LCL, airfreight, purchase order management, contract logistics or customs clearance. Operational initiatives to drive CEVA’s return to profit The implementation of CEVA’s new strategic plan, prepared jointly with CMA CGM, and the close cooperation between the teams of the two companies are going to drive an improvement in CEVA’s financial performance. A CEVA operational center will be set up in Marseilles to bring together the management teams and support functions, i.e. 200 jobs (creation and transfer). This consolidation will enable the deployment of a

the Government of India, taking the total value of LOCs extended to USD 388.26 million. Projects covered under the LOCs extended to the Government of the Republic of Ghana include rural electrification projects, agriculture and transportation projects, construction of Presidential Office, railway corridors and agro processing plant, Foreign Policy Training Institution, Fish Processing Plant, Waste Management support project, Sugar plant and Sugarcane development and irrigation project. With the signing of this LOC Agreement, Exim Bank has now in place 248 Lines of Credit, covering 63 countries in Africa, Asia, Latin America and the CIS, with credit commitments of around USD 24.46 billion, available for financing exports from India. Besides promoting India’s exports, Exim Bank’s LOCs enable demonstration of Indian expertise and project execution capabilities in emerging markets.

coordinated set of structural initiatives, such as: l improving productivity by investing in information systems and digital technology; l refocusing local teams on customer service; l achieving a more balanced customer segmentation; l streamlining the corporate organization, in particular by reducing the number of regions and harmonizing processes; l implementing more targeted, more customer-focused communication. For Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group: “This successful transaction marks a major milestone in the history of CMA CGM’s growth. With CEVA, CMA CGM has confirmed its position as a leading worldwide maritime transport and logistics group, supported by a team of 110,000 employees. We can now offer our customers a complete range of solutions that meet all their needs and set us apart from the competition.”


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management Science graduate from Leeds University, U. K., home tutored till the age of 9, Mr. P. K. Srivastava was directly admitted to class 7 in Government school. Maths and physics were out of his comprehension, and yet at the age of 17 he was a post graduate in Physics. Traversing a long distance from being a Management Science graduate he went on to become the longest serving Chairman & MD of one of the Navratna PSUs, The Shipping Corporation of India. The record of highest profit achieved during this period is yet to be broken by any shipping company in India.

BHANDARKAR SHIPPING NEWS

The man behind Indian Shipping Wheel

P K Srivastava

(Former Chairman & MD of SCI)

PATHFINDER

getting decent salary and living carefree life with his parents.

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or a person born in landlocked city of Lucknow who had never seen an ocean till the age of 17, it was nothing short of a fantasy to have a successful maritime career and even become the President of Indian National Ship-owners Association. Born in the family of bureaucrats, Srivastava wanted to do something different. “As I was the only child, my parents were very protective about me and till the age of 9, I was home tutored. They directly got me admitted to class 7 in a government school from where I got my formal education,” said P.K. Srivastava. He had a great difficulty in handling subjects like maths and physics. “One day, something unusual happened; It was god’s blessings, I realized I could easily understand and solve all the maths problems with ease. I passed with distinction in all exams thereafter. Later, I even completed my Masters in Management Studies. In the year 1979, I completed ‘Management Science’ from the University of Leeds.” he added. “Men in uniform always fascinated me. I wanted to get in the armed forces. However, I had to wait till I completed my age of 21 to appear for competitive exams,” he informed. Srivastava took up a lecturer’s job at the university for the next 3 – 4 years. It was the best phase of his life,

He explains that he had appeared for several competitive exams and was even selected in the air force. His father hid his offer letter, which he came to know much later. As a parent of two kids, he totally understands his father’s sentiments now. He then gave various staff selection entrance exams and got offers from Indian Oil, Reserve Bank, State Bank and Dunlop as a management

trainee. He wanted to experience life outside Lucknow and live beyond the tutelage of parents for a while. He joined IOC, Mumbai after convincing his parents of coming back to Lucknow on transfer. Srivastava informed, IOC was one of the biggest importer and exporter of oil. The job gave exposure to all facets of oil exploration and transportation. This job gave him first hand experience of shipping. While he was at the shipping department at IOC, he interacted with the Shipping Corporation of India (SCI). Coincidentally, he shared his surname with the then chairman of SCI C.P. Srivastava. Out of curiosity, Srivastava met the gentleman, an extremely warm person. “ We became acquainted and in a due course I tied the knot with his daughter” he said with a smile. In the year 1973, P K Srivastava, much after retirement of Senior Srivastava, took a lateral shift from IOC to

SCI where he directly reported to the chairman. In the year 1975-76, the central government decided to set up an oil coordination committee to take care of all the oil needs of the country. This was also the time when the Government took over the three foreign oil majors’ owned companies, Esso, Burma-Shell and Caltex. To meet the demands of the entire country and in a cost effective manner a central department was set up. As the head of oil coordination committee’s shipping division in Mumbai, he learnt about every aspect of the industry. He was about 32 years then. Srivastava asserted against misconceptions that in public sector, delegation doesn’t happen. “ There were instances where millions of dollars’ of cargo was dealt on phone calls. In your formative years if you have good bosses who trust you, you end up becoming a good boss yourself,” he gave an example.

In the year 1980, the government of Saudi Arabia was setting up the National Shipping Corporation with a proposed budget of $2 billion. Srivastava was offered core membership. “I worked for the group for a period of 10 years, which were among the best years of my career. The company had no shortage of funds and I was exposed to the best practices. Here we set up two companies and every one was involved right from designing the office to getting the state of the art ships,” he informed. According to Srivastava, till the year 1990, he was involved in every facet of the shipping industry, directly reporting to the managing director who helped him grow professionally and they are great friends even today.


BHANDARKAR SHIPPING NEWS

The man behind Indian Shipping Wheel

Mumbai, Monday, 15 April 2019 to 21 April 2019

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In the year 1990, he got an offer from SCI to join as the director. It should be one of the rare instances where he was given an opportunity to join back on a senior position. He was just 45 years old at that time. In the year 1996, he was promoted as the chairman and managing director of SCI. “I was the youngest chairman and also had the longest tenure of 10 years for any chairman till date. I retired in the year 2005,” he said.

Post his retirement, Srivastava, joined Emirates Trading Agency L.L.C., Dubai, UAE as Group Advisor of Trading & Shipping Division for the period of 7 years. In 2012, he joined as the Chairman of Essar Ports Limited and has been on its Board as NonExecutive Director. He has also been the Non-Executive Chairman at Essar Shipping Limited and has been serving as its Director from 2012. Srivastava informed that as chairman of SCI, managing the business environment was a bit challenging. “I have worked under 14 different cabinet ministers, 6 secretaries and 6 DG secretaries. Managing the environment was more of an art than science. I never expressed any disagreement in Public. I would simply put forth all the facts and figures in front of the person and explain the situation clearly to him. I would also tell him that in case we still go ahead with the decision against my recommendations, it would be entirely his call,” he added. He also informed that at such times, he would insist that the direction be given in writing. To his credit, till date none of the ministers forced him to do anything which was considered unethical. “I was not in agreement when the central government was launching the Sagarmala project, under which there would be a port every 100 kms. I was of the opinion that without identifying hinterland, not enough volumes a project of such huge magnitude would not be viable,” he related. Srivastava explained that the shipping industry cannot be asking about tax incentives or rebates like the farm sector. He stated that in the present scenario, ship-owners cannot be expecting profits year after year. “The business is cyclical in nature. You get to see 3-4 peaks and can’t expect to make good money every year. But

in the life of the ship which is almost 20 years, you are in profit,” he said. The present downturn has been the longest in the history. “However, the shipping business is not restricted to geographical limitations but impacted by global factors. Shipping industry has its share of ups and downs,” he added. He informed that for the shipowners to survive they should have a large fleet and not restrict it to just one or two. “Benefit will come from the economies of scale. Indian ship-owners too need to consolidate and the future would be bright for medium to large ship-owners,” he said. Srivastava maintained that one of the biggest achievements while he was the President of Indian National Ship-owners Association (INSA) and Association of Multimodal Transport Operators of India was that entire industry was talking in one voice, be it public or private sectors. There was no conflict sensed in the corridors of power. Second was the introduction of the tonnage tax regime that significantly brought down the tax burden and further sharpened profitability. Displaying utmost modesty though, he refused to take the whole credit for the same. “A good manager or a leader has a great team supporting it”. Coming to the present times he said new additional taxes are nullifying the effects of the tonnage tax. However, he added “The present government is a doer and I think it is just the matter of communicating the same to them. The present shipping minister is extremely fair in its dealings .” He concluded by reminding about the changing times, “From merely shipping in the earlier times, we have moved to the whole gamut, which is now logistics. Shipping is just one part of it. Today, a client expects point to point service from you and most of the expertise is in land movement.”


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Pitney Bowes and Shyplite Partner to Reinvent Office Shipping in India n BSN Network / Delhi Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance, and data, and Shyplite, a logistics technology company that provides a multi-carrier integrated SaaS platform, announced a strategic partnership. The two technology companies have teamed to launch a multicarrier shipping platform for small businesses that simplifies office shipping. This partnership will provide cost savings for small and medium-sized businesses in India by optimizing parcel delivery. Customers will be able to select the most efficient shipping option at the best price, creating an improved customer experience with each parcel delivery. By removing the complexity of everyday shipping, small businesses and ecommerce retailers can focus on delighting customers and growing their business. Additionally, this solution offers plugins for shopping platforms, parcel consignment, parcel tracking, billing and customer

support from one convenient dashboard. “For nearly 100 years, Pitney Bowes has been removing the complexity of mailing for our clients. Now, we are focused on doing the same for shipping,” said Venkat Rao, Country Director, Pitney Bowes India. “We look forward to continuing to innovate with our partner Shyplite.” “This alliance is a step forward in making shipping affordable, simple and reliable for smaller businesses in India that previously did not have access to the improved customer experience and cost savings of a shipping platform like we have developed,” said Sugam Jain, CEO and Co-Founder, Shyplite.. According to the Pitney Bowes Shipping Index, India shipped 1 parcel per person in 2017. The overall parcel volume grew 15 per cent YOY, reaching a total of 1.5 billion parcels shipped compared to 1.3 billion parcels in 2016. This new shipping solution reduces shipping costs for both retailers and office shippers and speeds accurate delivery to Indian customers and online shoppers.

BHANDARKAR SHIPPING NEWS

New ground-breaking Wärtsilä high resolution radar increases safety in busy ports n Agencies The technology group Wärtsilä has launched its RS24 high resolution radar, the world’s first commercially available K-band maritime radar. By detecting far smaller objects and at a much higher radar resolution than conventional S or X-band radars, the RS24 enables small vessels and other potential hazards close to large ships to be visible. This promotes safety, especially in congested shipping lanes and busy ports. The technology has been developed by Guidance Marine, a Wärtsilä company. The first orders for the Wärtsilä RS24 have been received and delivered, and indications are that the system will prove particularly beneficial to vessels, such as cruise ships and ferries, that make frequent port calls. The system is featured in Wärtsilä’s IntelliTug project, which combines technologies, innovations, and digital solutions to develop a tug with autonomous navigation. The concept is aimed at having a vessel capable of performing a range of routine missions designed to further improve operational safety and efficiencies for tugs. The RS24 radar will provide the highest possible resolution images in the vicinity of vessels, in areas where conventional radars cannot penetrate, while

at the same time increasing situational awareness. The radar images will be integrated with the onboard Wärtsilä Nacos navigational system for complete coverage. “This ground-breaking development offers unparalleled close-range fidelity, providing a level of situational awareness that is unprecedented in ship radars. It is a major breakthrough for the marine industry, and is further evidence of Wärtsilä’s success in developing technologies in line with its Smart Marine initiative, aimed at delivering greater efficiencies, improved safety, and better environmental performance for its maritime customers,” says Dr. Sasha Heriot, Business Development Manager, Guidance Marine, a Wärtsilä company. Ports around the world are becoming busier, which increases the risk of collisions and damage. Operators need to be able to see what is close to the ship at all times, and traditional radar doesn’t always achieve this. The RS24 radar will be installed on two cruise ships during the first quarter of 2019. Trials are also being carried out utilising the RS24 for wave detection purposes. If successful, this will have significant implications for the future of passenger comfort.


BHANDARKAR SHIPPING NEWS

Contd. from page 18 commodities market specialist Mr. G. Chandrashekar asserted that the country’s consumption of liquid bulk cargoes (crude oil, vegetable oil, chemicals, biofuels and so on) is set to expand because of strong GDP growth. Mr. Jayant Lapsia stressed on “The need of infusing more facilitation by reducing stress and anxiety of reputed and compliant importers and exporters by ensuring that DRI, among the country’s premier intelligence agencies held in high esteem, is kept away from classification and interpretative issues. On the contrary, DRI should focus more on Smuggling, counterfeit notes, and issues of critical importance concerning the security”. He also stated that the allied Governmental agencies such as Assistant Drug Controller, FASSAI and Quarantine departments were acting tough and delaying granting of NOCs, thereby causing undue and untold hardships to importers and exporters. Their actions were detrimental to ease of doing business and increased the dwell time as well as the transaction costs. He urged the Customs Principal Chief Commissioner to look into the matter and ensure that sanity is restored and that these allied agencies are directed to be more proactive and expeditious in granting of NOCs. Mr. Lapsiaa praised the Customs Department and the CBIC for being more proactive and trade friendly. However, he regretted that some remedial measures need to be taken when the EDI systems are down, which unfortunately is a common feature. The trade has to suffer for no fault of theirs. He also requested that the Post Audit SOPs should be issued and there should be proper guidelines given to the officers while auditing. He said that many a times the negative approach and attitude of the audit officers was one of the reasons why the trade was apprehensive of opting for

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AILBIEA holds its 20th Anniversary

AEO. He even said that before introducing and implementing any new systems or projects, the CBIC should take the trade bodies into confidence and test run the project at small ICDs and then take it to minor ports before launching them directly at Major ports, which, causes lot of delays and uncertainties. Mr. Lapsia added that the importers/exporters needed to be graded / ranked based on their compliance and in following ethical business practises. He said that it was imperative for the Importers/Exporters to be serious about the knowledge of Customs initiatives, laws, notification etc. and, also, in their appointing qualified and reputed vendors as against going for L1 tender systems and giving away their clearances to unqualified and tainted vendors, to cut costs. “This”, he said, “vitiated the environment and resulted in host of unethical practises flourishing”. Mr. Lapsiaa also cited lack of customs infrastructure at minor ports and urged the shipping ministry to ensure that proper full-fledged custom station was in place at the minor ports, with officers having judicial and executive powers before making the port operational. He pointed out the hardships trade had to face at minor ports like Pipava, Hazira, Haldia and others. Dignitaries from the revenue side who shared their views with the delegates included Mr. Bani Bhatacharya, Principal Chief Commissioner of Customs, Mumbai, who appreciated the concerns expressed by Mr. Lapsiaa and assured him and the gathering of the department taking a note of the same. He cited some of the key initiatives undertaken by the Customs and urged the trade to make full use of them. He particularly mentioned of the AEO programme and the deferred duty payment scheme, which he urged all the importers and exporters to avail of. The meeting was chaired

by Mr. Nadir Godrej, Managing Director, Godrej Industries Ltd., who in his inimitable style rendered a wonderful poem covering all the issues and points of Liquid Bulk Trade vis-à-vis the Customs and Port. He received a thunderous applause from the huge gathering after the recitation of the well-conceived poem. Mr. S. ThirunavakarassuSr. Manager-Indirect TaxationM/s. Hindustan Unilever Ltd. Spoke on the good trade facilitation measures undertaken by the customs and also requested them to expedite the classification and valuation issues, which at times were causing alarming delays. He complimented AILBIEA and also assured the Customs Commissioners of the Trade coming much closer to the department’s call on various issues and also to closely interact with the department. Mr. Yashodan WanageDy. Chairman-Mumbai Port assured the trade of increasing the capacities for liquid bulk and stated that the Port was seriously considering to boost the liquid bulk trade by offering space for construction of tank farms, in future. Mr. M.P. Taparia-ChairmanSupreme Petrochem Ltd. praised the association, particularly Mr. Jayyannt Lapsiaa for spearheading the association and managing it so well. He said the AILBIEA was going a very good job in trying to bridge the gap between Customs and the Trade. The highlight of the meeting was the conferment of : “AILBIEA LIFE TIME ACHIEVEMENT AWARD” on 94 year old Mr. Ramniklal Gosalia, the founder of M/s. Ramniklal Gosalia & Company, Importers of Chemicals, Solvents and other polymers. The honours were done by Mr. Bani Bhatacharya, Principal Chief Commissioner of Customs, Mumbai and Nadir Godrej, M.D. Godrej Industries felicitated his son Mr. Hiren Ramniklal with a colourful shawl, and Mr. M.P. Taparia presented

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a Silver Lamp. The award was received by his son Mr. Hiren Gosalia, since Mr. Ramniklal Gosalia was indisposed. “THE MOST ENTERPRISING CEO IN LIQUID BULK TRADE” on Mr. T.K. Kannan-CEO of Adani Wilmar Ltd. The honours were done by Mr. Yashodan Wanage handing over the plaque, Mr. N.B. Godrej felicitating him with a colourful shawl and Mr. Bani Bhatacharya and Mr. M.P. Taparia presenting the Silver Lamp. AILBIEA STELLEAR AWARDS WERE CONFERRED ON: l Mr. Tej Contractor –For the most promising Youth in Exim Trade for the year 2018-19. l M/s. Maritime Gatewayfor the significant role in promoting EXIM Trade for the year 2018-19. The award was received by Mr. Ram Prasad-Managing Editor. l FFFAISpecial Trophy was presented to them for successfully hosting the prestigious and mammoth FIATA WORLD Congress for the first time in India, in September 2018 at New Delhi. l Mr. N. Sellappan- [DirectorLogistics and Operations, M/s. Jupiter Dyechem Ltd.] – for being the outstanding officer in the Liquid Bulk Trade l M/s. Krishnapatnam Port Company Ltd. for the significant growth in port sector in our country. Earlier, in the afternoon, AILBIEA had organized a Conference on Customs Trade Facilitation and Latest changes in Customs. Advocate Ratan Jain - Director - M/s. Lakshmikumaran & Sridharan Attorneys and Mr. Samir J. Shah-Director J.B.S. Academy Ahmedabad, were the speakers and Mr. Harsh J. Lapsia was the moderator and he introduced them. GLOBAL LOGISITIC GAME, a new and unique game on logistics which was conducted by Mr. Tej Contractor and assisted by Mr. Harsh J. Lapsia, wherein, all the delegates were excited and thrilled on playing this game.

Published by Vivek Bhandarkar for Bhandarkar Publications and printed at Navin Printers, 13, Krishna Kunj, 143, S. B. Marg, Matunga (W. Rly.) Mumbai-400 016. Editorial/Advertising/Circulation: Regd. Office: 10, Hammersmith Industrial Premises, Sitladevi Temple Road, Mahim, Mumbai - 400 016. Editor: Mrs B V Bhandarkar, Phone: (+91 22) 40764200 (100 lines), Fax: (+91 22) 24444250, e-mail: bhandarkarpub@bhandarkarpub.com /shippingnews@rediffmail.com Postal Regd. No. MH/MR/WEST/158/2006-2008 Regd No. MAHENG/2002/7260 Gandhidham: Bhandarkar Shipping News, 18, 2nd floor, Ajanta Commercial Center - 2, Plot No. 279, Ward 12/B, Gandhidham (kutch) 370201. Phone: 09724307499, e-mail: vgnews@bhandarkarpub.com


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n BSN Network / Mumbai AILBIEA (All India Liquid Bulk Importers and Exporters Association) is India’s most respected, progressive and highly recognised trade body committed in addressing the challenges facing the Liquid Bulk Trade (crude and related mineral oil, vegetable oil, industrial oil, chemicals, petro-chemicals, ethanol, etc.) in India celebrated its 20th Anniversary on 5th April 2019 at the Hotel Trident, Nariman Point. In his welcome address, AILBIEA President, Mr.

BHANDARKAR SHIPPING NEWS

AILBIEA holds its 20th Anniversary

Jayyannt Lapsiaa referred to some of the recent achievements of the association with respect to addressing the operational issues faced by importers and exporters. He urged the revenue authorities to trust the members of the association who were generally known to uphold ethical standards. Highlighting the strong positive correlation between economic growth and commodity consumption, AILBIEA Advisor, senior journalist and agribusiness and Contd. on page 17

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Profile for Bhandarkar Shipping News

Bhandarkar Shipping News, 15 April, 2019  

Bhandarkar Shipping News, 15 April, 2019

Bhandarkar Shipping News, 15 April, 2019  

Bhandarkar Shipping News, 15 April, 2019

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