MUM-10-11-2020

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Diwali Special Supplement 2020 Volume I 48 Pg. Supplement, YEARS

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Vol. LX No. 201 th TUESDAY 10 NOVEMBER 2020

contains wealth of information, being circulated with Today’s Issue

E-Mail: dailyshipping@gmail.com

PM Modi renames Shipping Ministry as ‘Ministry of Ports, Shipping and Waterways’ AHMEDABAD : Prime Minister Narendra Modi said the Ministry of Shipping is being renamed as the Ministry of Ports, Shipping and Waterways. He was addressing a gathering after inaugurating a Ro-Pax ferry service between Hazira in Surat and Ghogha in Bhavnagar district, which will reduce the nearly 370 km road distance between the two places to 90 km by sea route. “Work is being done so that the Country’s sea area emerges as an important part of ”Atmanirbhar Bharat”. To boost the Government”s effort, one more big step is being taken. “Now, the Ministry of Shipping is being renamed as the Ministry of Ports, Shipping and Waterways,” Modi said. “It (the Ministry) is being expanded. In developed economies, in most places, the Shipping Ministry also takes care of Ports and Waterways. In India, the Shipping Ministry does a lot of work related to Port and Waterways. Clarity in name will also bring about clarity in work,” he said. Cont’d. Pg. 6

Global Container volumes up 6.9% in September compared to 2019 LONDON: According to CTS lines moved 14.72 mn TEUs globally in September this year, compared to 13.76 mn TEUs in the same month in 2019. The volume moved in September 2020 represents a slight fall off from a peak of 14.82 mn TEUs of import and export boxes in July this year, as trade surged following Covid-19 lockdowns across large swathes of the world in the second quarter. In August the global import and export container volume reported by CTS was 14.80 mn TEUs. Cont’d. Pg. 15


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