BLOCK 5th Edition
MARITIME See Pg. 4 - 5
Vol. LXI No. 141 th WEDNESDAY 4 AUGUST 2021
AWARDS
5th Edition
FRIDAY
YOUR 24
DATE
SEPTEMBER 2021
ST. REGIS - MUMBAI
E-Mail: dailyshipping@gmail.com
Transworld Group plans to double eet within next two to three years Acquired four dry bulk ships in the last six months DUBAI/ CHENNAI : The Dubai-based Transworld Group (an Indian- owned family business in shipping) has expanded its fleet with the acquisition of four dry bulk ships in the last six months. The group, now, plans to double its fleet in the next 2-3 years. It owns Shreyas Shipping and Logistics (controlling interest), an Indian company with coastal operations using Indian flagged vessels for domestic sea trade. It also owns and operates Transworld Integrated Logistics Pvt Ltd in India, which is its global logistics division. The total cost of the four newly acquired ships could be between $40 million and $60 million, said Mr. Ritesh S Ramakrishnan, Joint Managing Director of the Transworld Group, which owns and operates a
diversified fleet of 25 vessels consisting of container, dry bulk and multipurpose carriers. These four ships are part of the handy-size bulk carrier segment. They have been acquired from Japanese, Vietnamese and European Mr. Ritesh S Ramakrishnan owners and have since been deployed on world-wide trading routes, he told. The company has tied up with European pool managers to deploy the ship on global trades albeit with a focus on the Atlantic basin. This is in line with the Transworld Group’s long-term strategy of becoming a significant player in the handy-size dry bulk segment. Cont’d. Pg. 6
Exports in July 2021 log 47.91 % increase (USD 35.17 bn ) on YoY Basis NEW DELHI: India’s merchandise exports in July 2021 was USD 35.17 billion, highest ever monthly achievement, which showed an increase of 47.91% over USD 23.78 billion in July 2020 and an increase of 34.06% over USD 26.23 billion in July 2019. Value of non-petroleum and non-gems and jewellery
DCSA publishes release 2.1 of Track & Trace Interface Standards Updates to key terms and attributes based on feedback carriers received while rolling out the standards to customers. AMSTERDAM: DCSA recently released version 2.1 of our Track & Trace Interface Standards for customer-facing T&T events. Version 2.1 includes updates to key terms and attributes based on feedback carriers received while rolling out the standards to customers. The API definitions and reference implementation have also been updated, along with all accompanying documents: the DCSA Industry Blueprint 3.0, Information Model 3.2, and the web glossary of terms, which can be downloaded at dcsa.org. Effective immediately, everyone currently using the DCSA T&T standard should switch to v2.1. As always, API definitions can be downloaded from SwaggerHub and the new reference implementation is available on GitHub. Digital Container Shipping Association (DCSA) is a neutral, non-profit group founded by major ocean carriers to digitise and standardise the container shipping industry. With the mission of leading the industry towards systematic collaboration, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure and environmentally friendly. DCSA’s open source standards are developed based on input from DCSA member carriers, industry stakeholders and technology experts from other industries. DCSA member carriers include: MSC, Maersk, CMA CGM, Hapag-Lloyd, ONE, Evergreen, Yang Ming, HMM and ZIM. Please download DCSA standards at dcsa.org.
exports in July 2021 was USD 26.11 billion, registering a positive growth of 27.36% over non-petroleum and non-gems and jewellery exports of USD 20.5 billion in July 2020 and a positive growth of 32.25% over non-petroleum and non-gems and jewellery exports of USD 19.75 billion in July 2019. Cont’d. Pg. 15