India needs increased draft depth to handle large vessels : Parliamentary Committee

NEW DELHI : A parliamentary committee has stressed on the need for increasing the draft depth of almost all the ports of the Country under the Sagarmala Programme according to their respective cargo profile. Increased draft depth helps ports handlelargervessels.Initslatestreport,thedepartment-related parliamentary standing committee on transport, tourism and culture said that the draft depth at major ports, both in the channel and berths, has been historically low and ranges from 7 metres in older ports up to 20 metres in newer ports. The draft depth is not commensurate with the change of ship sizes and changesincargotrendssuchascontainerisation.

Adani Ports Mundra clocks 40 vessel movements in a day

AHMEDABAD : Adani Ports Mundra, a bustling hub of maritime activity on India’s western coast, has accomplished a remarkable feattoday.Inaspanofjust24hours,theportmanagedtohandlean overwhelming 40 vessel movements, setting a new record and exceedingtheirpreviousachievementof39vesselmovements. This accomplishment speaks volumes about the port's impressive capacity, unparalleled efficiency, and unwavering ability to handle a massive volume of cargo. It's a testament to the hard work and dedication of the port's skilledprofessionals,who have once again proven that Mundra Port is a force to be reckoned with in the world of maritime logistics.

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There will be NO issue of Daily Shipping Times on THURSDAY 30th March, 2023 on account of RAM NAVAMI.

“Though the Government has taken a number of initiatives to modernise our ports under the Sagarmala Programme, a lot remains to be done to ensure deep-draft availability to handle mega ships,

APM Terminals Pipavav certified “Great Place to Work” for 5th consecutive year

PIPAVAV-APMTerminalsPipavavisrecognizedandcertifiedasa

“Great Place to Work” by the Great Place to Work® Institute under the category: mid-size organizations. This is the fifth year we have received this recognition. The recognition validates our focus on fostering positive, transparent, inclusive, and healthy work environment for our employees. We thank all our employees who play an integral role in making the organization trulya“Greatplacetowork”.

MSC was proud to attend WPC23

GENEVA - From March 20 to March 24, MSC USA experts joined the leading companies, organizations and individuals leaving their mark in the chemical and petrochemical industry at the World Petrochemical Conference 2023, which took place inHouston,Texas.

HostedbyS&PCommodityInsights,the4-dayeventfeaturedawidearrayof opportunities for industry professionals to discuss, strategize and share the latestinsightsininnovation,technologyandthesupplychain.

MSC USA’s presence was felt throughout the event, not only at the MSC stand, but also through the participation of various MSC USA experts in panels and discussions, including MSC USA President and CEO Fabio Santucci, MSC USA Executive Vice President Giancarlo Morgera and MSC USA Assistant Vice President Giuseppe Digiamma on topics surrounding supplychainandlogistics,sustainabilityandmore.

MSCisdelightedtohavetakenplaceinthisopportunityandhopetoreturninthenextyear.

APM Terminals announces strategic partnership in Vietnam

THE HAGUE - APM Terminals engagesinastrategicpartnership with Vietnamese HATECO group for a project to develop two new deep-waterberthsatLachHuyenportinHaiphongCitylocated inthenorthofVietnam.

As part of the strategic partnership, APM Terminals will provide financial, operational and technical support to HATECO Group Joint Stock Corporation (HATECO). The project aims to capitalise on the favourable natural conditions and geographical location of the area, with the objective of facilitatingdirectimportandexportofgoodsbetweenthenorth of Vietnam and European and American markets. The project is also expected to directly create attractive opportunities for keycustomersandcargoownersinthenorthofVietnam.

“We are proud of Hateco Haiphong International Container Terminal(HHIT)project,whichisthelargestandmostmodern container port facility in Vietnam. We are also excited to partner with APM Terminals and Maersk, who have been carefully chosen to be our long-term strategic partners due to aligned visions for the market and their capabilities to add valuecommerciallyandoperationally,”commentsMrTranvan Ky,ChairmanofHATECOGroup.

“We are very pleased to partner with HATECO on this important project, further unlocking one of the rapidly growing and high-potential markets in South-East Asia. This involvement naturally underpins our ambition to grow where it benefits our customers, and that is clearly the case in Vietnam. We also believe in the win-win partnership with Hateco, which will create synergies between local expertise and our global capabilities,” comments Martijn van Dongen, Head of InvestmentatAPMTerminals.

18,000 TEU Vessel Capacity

The project entails the investment into and development of two berths with the total length of 900 metres (450 metres each), capable of accommodating container vessels of up to 18,000TEUscapacity.

The investor, HATECO, intends to complete all construction works and deploy equipment by the end of 2024 and the new terminal is expected to become operational by the first quarter of 2025. In the initial phase, the facility will have 5 ship-to-shore (STS)cranesand14rubber-tyregantry(RTG)cranes.