DB Schenker introduces Global Space Scan for rising demand in storage capacities ..See Back Pg. A.P. Moller – Maersk updates expectations to volumes and EBITDA for Q2 2020 ..See Back Pg.
YEARS
Vol. LX No. 103 th FRIDAY 19 JUNE 2020
NEW CUSTOM EXCHANGE RATES W.E.F. 19-06-2020 ..See Pg. 4
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See Pg. 3
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Vadhavan Port gets Environment Ministry’s clearance NEW DELHI: The Ministry of Environment, Forest and Climate Change has said that ports as an industry are allowed in the ecologically sensitive Dahanu taluka area, which includes Vadhavan in Maharashtra’s Palghar district, where the Centre plans to build an ambitious new Major Port estimated to cost Rs 65,544.54 crore. The Ministry conveyed its stand on the issue in early June to the Dahanu Taluka Environment Protection Authority, which had raised objections to the Vadhavan project,
planned to handle some 254 million tonnes (mt) of cargo, including 9.87 million twenty-foot equivalent units (TEUs). This Authority was set up by the Maharashtra government as an oversight agency to “monitor” projects coming up in the ecologically fragile zone. The Environment Ministry’s stand will remove a big hurdle in the development of the port, to be helmed by Jawaharlal Nehru Port Trust (JNPT), a Shipping Ministry official said. Cont’d. Pg. 11
Allcargo Logistics hails team members DP World Cochin recovers fastest for showing exemplary commitments to to record 59% growth keep the operations running during COVID-19
Teams at Projects and Equipment division, Mumbai CFS, Mundra CFS, Chennai CFS, ONGC shore-based operations, and crane site locations go all out to serve customers MUMBAI: A l l c a r g o Logistics, one of India’s biggest integrated logistics services providers and the global leader in LCL consolidation has announced that its teams in various divisions are showing an exemplary commitment to serving the Mr. Adarsh Hegde nation. The continuous operations by team members across divisions are undertaken with necessary precautions and permissions during the COVID-19-induced nationwide lockdown. Cont’d. Pg. 2
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COCHIN: Global logistics c o m p a n y, D P W o r l d o p e r a t e d International Container Transshipment Terminal (ICTT) a t C o c h i n successfully handled over 42,000 TEUs along with 35 vessels in the month of May. The terminal has recorded an impressive growth of 59% over April, which is the highest amongst all the South Indian ports. The DP World Cochin terminal handled 1500 TEUs of rail volume as well in the month of May. Cont’d. Back Pg.