Guiding Spirit to Shipping Industry
In association with R L Institute of Nautical Sciences, Madurai, Tamil Nadu.
PORT VOC Port sets record in bulk handling of salt
SHIPPING CMA CGM sets sail largest containership
RNI No. TNENG/2012/41759
8/9 Killing the geese laying
Wednesday, July 24, 2013
JM Baxi opens international cargo terminal at Sonepat
Voyage 2 Wave 24
NEWS DGS directive to shipping firms on safe operation
Right classification of elements of ‘filters’ Clarity in classification of certain articles under the Customs Tariff Act 1975 MUMBAI Sagar Sandesh News Bureau
he Central Board and Excise and Customs (CBEC) has issued a notification that elements of filters used in paper pulp, ceramic, textiles, felts, etc. are to be classified as per constituent material. For instances the elements made up of paper would be classified in the Headings 4812 or 4823, textile material made for technical use under Heading 59.11, filter made up of glass in Heading 70.19 and filters by themselves would be classified under Heading 84.21. The notification is issued in the wake of import data on National Import Data base revealing ‘elements of filters’ under ‘tariff item 84219900’ as parts of filters. These articles are also being classified under other tariff items viz. ‘39269099, 4812000, 48239090, 59119090, 68159990, 69091910, 73269099’, etc. Therefore, the Board has examined the matter with a view to providing clarity in classification of the said articles under the Customs Tariff Act 1975. Page 2
Dr. K.Rosaiah, Governor of Tamil Nadu (third from right), releasing the concept note and souvenir of the CARGO SCOPE -2013 - International Conference and Exhibition in Chennai on July 19. Dr. Palani G Periasamy,Vice-President, the Southern India Chamber of Commerce & Industry (SICCI), received the first copy. Also seen (from left) are: Mr. A. V. Vijayakumar, President, Chennai Customs House Agents' Association (CCHAA), Mr. Raghu Shankar, Chairman, SICCI Shipping Committee, Mr. G. R. K. Reddy, Chairman, MARG Group, and Dr. Jose Paul, Conference Chairman, Cargo Scope 2013.
Governor’s clarion call to logistics sector A nation that controls and conquers the seas rules the whole world
CHENNAI Sagar Sandesh News Bureau
ith increase in cost of capital, high wage cost etc. the logistics industry should come forward to create new business models with innovative ideas which are sustainable, Dr. K. Rosaiah, Governor of Tamil Nadu, has said. Addressing the gathering of maritime fraternity
during the inauguration of ‘Cargo Scope- 2013’International Conference & Exhibition” here on July 19, organized jointly by Southern India Chamber of Commerce & Industry (SICCI), Chennai Customs House Agents' Association (CCHAA) and EXIM India, Dr. Rosaiah stated: “There is tremendous potential in the coastal shipping and inland waterways sector which remains untapped.” Page 2
Indev Logistics to enter coastal shipping service CHENNAI Sagar Sandesh News Bureau
ith a view to ensuring comprehensive logistics service for the EXIM trade, Chennai-based Indev Logistics has announced that it has plans to invest in coastal shipping service using the funds to be raised through a public issue in the next two years.
Addressing a gathering of chieftains from shipping and trade fraternity here on July 18 on the occasion of the inauguration of its Free Trade Warehousing Zone (FTWZ) facility near Sriperumbudur, Mr. S. Xavier Britto, Chairman, Indev Group, said: “We are already into the other four important verticals of the trade and for the fifth one - coastal shipping - our company plans to invest in that sector to give our customers a comprehensive service.” Page 2
Mr. George Yeo, Chairman, Kerry Logistics Network, Hong Kong, (second from left), interacting with Mr. Xavier Britto, Chairman, Indev Group (second from right), after the inauguration of free trade warehousing zone facility of Indev Logistics
Wednesday, July 24, 2013
MTIs need to execute bond on sea-time for DNS candidates The responsibility of placing such selected candidates for SSTP will be that of MTIs MUMBAI Sagar Sandesh News Bureau
aritime Training Institutes, affiliated to Indian Maritime University (IMU), should now sign a legal undertaking ensuring 18 months sea-time to the non-sponsored candidates of the one-year Diploma in Nautical Science (DNS) programme. MTIs affiliated with IMU may give priority to enroll sponsored candidates for DNS course and such sponsored candidates also have to be selected from the qualified Common Entrance Test (CET) list of IMU as and when the CET is conducted for DNS admission. Unsurprisingly, MTIs may not be able to get sponsored candidates for their complete intake capacity. Therefore they may be compelled to admit nonsponsored candidates to fill up their intake capacity. In this case, MTIs should again approach IMU for allotment of candidates
from the qualified CET list and enroll them. However, IMU shall allocate the remaining candidates as per the request of the institute on the basis of an undertaking to be submitted on a Rs. 100 nonjudicial stamp paper by MTIs for taking responsibility of placement of these candidates to complete their required Structured Shipboard Training Program (SSTP) through proper tie-up with the shipping companies/ship management agencies/ RPSL etc. Such an undertaking shall be submitted by the MTIs in original to the DG Shipping with a copy to IMU. The circular is passed as per the Rule 7 of Merchant Shipping (STCW 1998) rules. The responsibility of placing such selected candidates for SSTP will be that of MTIs, according to the DG circular. The inadequate training berth issue of one-year DNS with embedded 18 months SSTP leading to BSc (Nautical Science) is deliberated in detail by the DG Shipping that has come out with the observation that it is the primary responsibility of the MTIs to ensure that budding seafarers are able to start their career in time without undue wait.
Guiding Spirit to Shipping Industry
In association with R L Institute of Nautical Sciences, Madurai, Tamil Nadu.
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Governor’s clarion call...
From page 1
Putting all the available financial and human resources to optimal use in the service of the nation is necessary and the Indian shipping industry with proactive leadership and its spirit of entrepreneurship, is all set to emerge as one of the leading shipping industries in the world, the Governor added. Stressing the real importance of the maritime sector for sustained growth of any country, Dr. Rosaiah pointed out: “Shipping has always played a significant role in the history of a nation, not only during times of peace, but also during conflict. It is said that a nation that controls and conquers the seas rules the whole world.”
There is tremendous potential in the coastal shipping and inland waterways sector which remains untapped Speaking on the current scenario in the field, he observed: “Global maritime industry and the Indian shipping trade in particular is passing through one of the toughest challenges. The international economic scenario
Right classification... From page 1 As per the clarification, the Heading 8421 of Custom Tariff applies to ‘Centrifuges including centrifugal dryers, filtering or purifying machinery and apparatus, for liquids or gases’. The scope of parts covered under Heading 8421 is explained in World Customs Organization (WCO) harmonized commodity description and coding system explanatory notes. These explanatory notes present an internationally accepted view of the scope of each Heading of the Customs Tariff. In the context note to Heading 8421 leave intermittent vacuum filters, chassis, frames and plates for filter presses, rotary drums for liquid or gas filters, baffles and perforated plates, for gas filters, but classifies many other filtering materials like paper pulp, ceramics, textiles, felts, etc. according to their constituent material. CBEC desires that suitable instruction regarding correct classification of elements of ‘filters’ may be issued to field formation and difficulty faced if any may be brought to the notice of the Board.
as well as domestic situation is highly volatile and the present fluctuation in the exchange rate is adding a new dimension.”
Indian shipping industry with proactive leadership and its spirit of entrepreneurship is all set to emerge as one of the leading shipping industries in the world The Governor also expressed hope that the situation would change in the sector very soon and the maritime trade across the globe would return to normalcy with its usual bustling. In his key-note address, Mr. G. R. K. Reddy, Chairman and Managing Director of MARG Group, spoke about the emerging potential for the ports across the country. “While we have huge potential for the port sector to grow leaps and bounds in our country, certain Government policies including the process of land acquisition act as impediments to growth in that sector,” he remarked.
He also expressed happiness that the non-major ports on both east and west coast of the country (earlier called as minor ports to distinguish from Central Government’s Major Ports) are fully geared to tap the emerging potential with their capacity enhancements. In his opening remarks, Dr. Jose Paul, Conference Chairman, spoke on the need for having such conferences in our country at periodical intervals. He noted that China is fast progressing in the maritime field and India, as a neighbour of that Asian giant, has to catch that nation if it wants to achieve its dream of Asia’s strong economy. Mr. G. Raghu Sankar, Chairman, SICCI Shipping Committee, informed the audience about the theme of the conference and gave an overview of the programmes and different thought-provoking sessions on shipping, ports and logistics. Earlier, Dr. Palani G. Periyasamy, Vice-President, SICCI, who welcomed the guests, explained the role of the conference in moulding the policies for shipping sector in the country. Mr. A. V. Vijayakumar, President, the Chennai Custom House Agents Association, proposed a vote of thanks.
Indev Logistics... From page 1
He also announced that Indev plans public issue (IPO) in the next few years to garner funds to expand the company in areas such as non-vessel operating common carrier (NVOCC) and coastal shipping. The Indev group has invested around $200 million in its various infrastructural facilities such as container freight stations and in the new FTWZ, set up at J. Matadee Free Trade Zone (Special Economic Zone) at the Mannur village in Sriperumbudur. The facility was inaugurated by Mr. George Yeo, Chairman, Kerry Logistics Network, Hong Kong, in the presence of Mr. A. K. Bamba, Development Commissioner, MEPZ-Special Economic Zone, Mr. Ajit Singh, Consul-General, ConsulateGeneral of the Republic of Singapore, Chennai, Mr. Sunil Rallan, Chairman & Managing Director, J. Matadee Free Trade Zone (P) Ltd., Mr. Ajay Sethi, Managing Director - Corporate, Catalyst India, and Mr. Chozha Naachiar Rajasekar, President, Tamil Chamber of Commerce, Chennai.
In his presentation, Mr. Britto stated: “FTWZ concept has been very successful in UAE, Singapore, China, Holland, etc. in providing important link to supply chain and uplifting their country’s economy. Same concept needs to be popularized in India with greater support by the Government of India in providing simplified procedure and with clear taxation rule, along with trade fraternity and logistics service provider to boost FDI in India such as multibranding retailing, auto/telecom/IT/aviation/pharma sectors and various other manufacturers.” This comprehensive logistics facility will certainly play a very important link between suppliers and buyers by reduction in lead time in supply chain, mutlihandling to avoid damages, pilferages and complete visibility of inventory which will bring down total production cost, Mr. Britto said and added that with this end-to-end solutions the overall logistics cost can be brought down that can also have direct impact on reduction on our inflation rates.
Wednesday, July 24, 2013
Wednesday, July 24, 2013
IN & AROUND PORTS
M/s. AMJ Shipping Agencies are the ship agent for the vessel and M/s. Aspinwall & Co. Ltd., are the stevedores for TUTICORIN the cargo. Sagar Sandesh News Service Mr. S. Natarajan, Chairman, .O. Chidambaranar Port V.O. Chidambaranar Port Trust, Trust, Tuticorin, has created a record in handling of salt in bulk while thanking all the stake on July 13, a Press release from holders, officers & the employees of the port who have contributed the port management has said. According to official sources, to achieve the record, pointed out a quantity of 13,200 MT of salt in that the port trust is continuously bulk was loaded in the vessel striving to achieve improvement M.V. Great Gain at Berth No - VI in performance and productivity on July 13, the highest tonnage in order to attract more volume of ever achieved in a single day in traffic through the port. the port. Furthermore, the Chairman It may be noted here that the also requested all the concerned to previous record was of 8,910 MT continue the same level of of salt in bulk loaded in the vessel MV. AIN TEMOUCHENT. performance in the future also.
VOC Port sets record in bulk handling of salt
“If the highest aim of a captain were to preserve his ship, he would keep it in port forever” - St. Thomas Aquinas
Cargo traffic goes up by 32% in Mormugao Port PANAJI Sagar Sandesh News Service
he general cargo traffic at Mormugao Port for the month of June increased to 7.22 lakh tonnes, registering an increase of 32% over the corresponding month of last year. The main commodities handled were coking coal, wood chips, HR coils, granite & bauxite. Mr. P. Mara Pandiyan Similarly
general cargo traffic during the 1st quarter increased to 2.51 mn tonnes, registering a 12% increase over the corresponding quarter of last year. This is good news for the Mormugao Port as it was badly hit after mining operations were suspended since September last.
Construction on Peel Ports’ landmark deep water container terminal begins
Mr. Somnath Saha, Finance Director at Typhoo, with Sir Bobby Charlton and Mr. Kenny Dalglish
Ship Canal - will bring to both the North West UK cities of Liverpool and Manchester. Ports ore than 300 global is currently developing a series industry guests of inland port hubs along the gathered at the Port of Manchester Ship Canal which Liverpool on June 6 to toast the will see shippers able to move start of construction on Peel goods to the heart of the UK Ports’ landmark new deep water market without touching an inch container terminal Liverpool2. of the UK road network. England and Manchester Sir Bobby Charlton said: "I United football icon Sir Bobby used to have to travel from Old Charlton & ‘King’ Kenny Trafford to Salford for training Dalglish - Liverpool Football and stopped many times to let Club’s legendary striker - pushed ships from all over the world go the button on the start of dredging by as they hung over the wall & launched a dazzling display of that was next to the road. "Things fireworks over the site of the have come a long way & this now new terminal in the Mersey. is a really fantastic development. The two footballing legends "I've been in the area for 60 were invited to symbolise the years but this is my first visit to great benefits that Liverpool2 – the docks here. It's great for the along with Peel Ports’ investments area to have something like this in port hubs along the Manchester - John (Whittaker) and all NEW DELHI
Sagar Sandesh News Service
involved should be very proud of what they've achieved. Kenny Dalglish stated: "Bobby and myself are both very proud of our adopted cities so the business and employment this will bring to the region is fantastic. Peel Ports, Liverpool2 and everyone connected deserve a lot of credit. I'm sure the venture is going to be a big success." The size of vessels able to call at the Port of Liverpool is currently limited by the port’s lock system. Liverpool2 will be built on reclaimed land in the river, and therefore will be unrestricted. It will see postPanamax vessels of up to 13,500 TEU able to call directly at the Port of Liverpool when it opens in 2015 - the same year the widening of the Panama Canal is due to be completed. Liverpool2 will attract some of the world’s largest container vessels to a centrally-located UK distribution hub and a population of 35 million consumers within a radius of 150 miles. Peel Ports’ £300 million investment will enable container ships from around the world to connect directly with the northern half of the UK and Ireland, and so serve a market estimated at around 4 million TEUs a year. Typhoo, one of the UK’s largest tea brands, says the improvements to the port’s infrastructure will see the company use Liverpool for 100% of its imports when Liverpool2 becomes operational.
The Apeejay Surrenda Group owned company, which is based close to the Port of Liverpool, currently ships half of its tea imports to Liverpool, with the other half arriving in Felixstowe, in the east of England, before being transported by road to the north west. Around 25% of the company’s tea imports originate in India. But Somnath Saha, finance director at Typhoo, said this would change when the £300m Liverpool2 project is completed. He noted: “Going forward, we plan to bring everything to Liverpool. The tea industry is based in Britain but it’s not grown here so there’s a lot of importing and movement is key to our business.” Mr. Saha added that Liverpool2 will be better for the environment as it will take lorries off the road and will also be more convenient for Typhoo, which imports an average of 80 containers of tea a month.
Mr. P. Mara Pandiyan, Chairman of MPT said: “The export of pharmaceuticals through containers has started picking up”. M/s. Indoco Remedies Ltd. has begun exporting containers through the port, he added.
Mark Whitworth, Group Chief Executive of Peel Ports, believes that the investment in Liverpool2 will make an already strong commercial proposition “more compelling than ever”. He said: “The Port of Liverpool has already seen increased interest from shipping lines and cargo owners. Over the last 18 months APL, Evergreen & Zim have started to offer weekly feeder connections into Liverpool, whilst MSC & CMA have continued to grow their long-standing feeder volumes through the port.” Mersey Managing Director Gary Hodgson echoed Mark Whitworth’s views. He said: “This is the culmination of several years’ hard work, developing the business plan, securing finance and procuring the delivery of the key elements of the scheme. Whether we are talking about developing our role as the hub for the Irish Sea or grabbing the attention of ship operators and traders across the globe, our investment in Liverpool2 will make a huge difference to our commercial offer. This is private sector investment in the nation’s infrastructure, making the UK even more competitive, internationally.”
Fireworks announcing the start of dredging for the deeper river channel
Wednesday, July 24, 2013
IN & AROUND PORTS
“No wind serves him who addresses his voyage to no certain port.” - Michel de Montaigne
Paradip Port charged with illegal transfer of Govt land PARADIP Sagar Sandesh News Service
aradip Port Trust (PPT) has come under unlawful land-disposal scanner. An estimated 178 acres of land, owned by Odisha Government, have been found deceitfully transferred to organizations and individuals, sparking off a simmering controversy. At a time when both the State Government and PPT are locked in fivedecade-old land dispute row, the latest scam has made things murkier. Jagatsinghpur district administration has asked the authorities of Odisha’s lone Major Port to submit a compliance report on the arbitrary and illegal diversion of Government land. “We have come across incriminating discrepancies. PPT has perpetrated gross impropriety. Some private farms and individuals have been handed
over land on a platter for a sum as low as Re. 1 a square foot”, said Jagatsinghpur Collector Satya Kumar Mallick. As many as 131 plots of land measuring around 178 acres have been illegally sold out in the name of peripheral development of the port. As the land is not owned by them, they are bereft of their right to transfer the said land. The land
ICTT Vallarpadam bid to woo Garden City trade more rail volumes from the Garden City. It has announced an incentive of INR 1,500 for Twenty Foot Equivalent Unit (TEU) & INR 3,000 for FEUs for all customers availing the rail service for exim-laden containers from inland container depot (ICD)KOCHI Whitefield, operated by Sagar Sandesh News Service Container Corporation of India he International Container (CONCOR). Trans-shipment Terminal The trade in Bengaluru faces (ICTT) Vallarpadam has offered 2 major issues when it comes to concessions to the Bengaluru- using Cochin Port - price based trade in order to attract difference with Chennai Port in
disposal has been effected at exceedingly low premium charge. That smacks off foul-play. The beneficiaries of the landtransfer deal are export bodies, stevedores, industrial houses and private individuals. The land transfer has been done either by lease deed or sale deed. Such act is out & out illegal as PPT does now own the land on record, the Collector told this reporter. The PPT is in operation on a 6,382-acre patch of contiguous land. However, the irony of the fact is that the said land is legally still owned by the State Government. The official transfer of the land in favour of the Major Port is yet to be materialized for multiplicity of factors. The State Government has laid claim over 1,072.27 acres of land out of it for its own use and has shied away from transferring the land till date. The disagreement dates back to May 18, 1966 when PPT was accorded the status of the country’s 8th Major Port under Major Port Act, 1963. The State Government constituted a sub-committee recently for early
the rail movement of containers and the absence of a scheduled rail service connecting Bengaluru to Vallarpadam. As a result, even boxes bound for Jebel Ali are being routed through Chennai. This is despite the fact that the containers have to be trans-shipped via Colombo with a transit time of 15 days, according to ICTT sources. While the rail connectivity to Chennai via Bengaluru is about 5-6 rails a week, the lack of a scheduled service to Cochin has been one of the major reasons for the trade in Bengaluru using Chennai Port. The concessions and fixedday weekly trains would assist the trade in Bengaluru save on transit time and various other uncertainties associated with trans-shipment of containers through trans-shipment ports outside India, it is understood.
settlement of port land dispute. The subcommittee is headed by Jagatsinghpur Collector with ADM Paradip, Kujang Tehsildar, Secretary and Estate Officer of PPT as members. The committee is empowered to take stock of the existing land & accordingly work out an amicable settlement of the issue, said officials. The Government has resolved to transfer the land at the earliest. However, serious view has been taken of the illegal land deal. The matter has been referred to higher ups in the State Government for next course of action as the port has virtually donned the role of land broker, said an official. Senior Assistant Estate Officer K. Trirumoolar, when asked to comment on the alleged lapses, said: “In the eighties the Revenue Department then had conferred us the power to sub-lease the land. However, the Government is yet to transfer the land to the port”. Meanwhile, the District Collector dismissed the argument saying: “No such order was issued empowering it to indulge in selling the land owned by the Government”.
Ashish Pednekar re-elected to JNPT Board MUMBAI Sagar Sandesh News Bureau
r. Ashish Pednekar, President of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA), has been re-elected as the trustee of Jawaharlal Nehru Port Trust (JNPT) for 2013- 2015. In a statement regarding his re-election to the JNPT Board, he said: "I shall certainly extend all my support & offer my valuable inputs to facilitate the growth & development of port & shipping sector. I am confident that we shall certainly make a positive contribution through our expertise & experience”. Mr. Pednekar is the Chairman of GVP Forwards PVT Ltd and the current President of MACCIA since 2011. He was also the trustee of JNPT for the year 2007-2009, 2009-2011 & 2011-2013. Mr. Pednekar is also the Member of Konkan Railway Consultative Committee and Senior Vice-President of Brihanmumbai Custom House Agents Association.
Mundra LNG terminal to be commissioned by 2016 AHMEDABAD Sagar Sandesh News Service
ujarat Petroleum and Energy Minister Saurabh Patel has announced that the proposed Mundra LNG terminal, one of the two planned LNG projects in the State, would be commissioned by 2016. “Gujarat has emerged as the LNG hub of the country. At present, there are 2 LNG terminals in the State, one at Hazira in South Gujarat and the
other at Dahej in central part,” he said. “Hazira and Dahej terminals have the combined capacity of over 13 MT & there is scope for 2 more terminals. The third 5-MT capacity green field terminal is coming up at Mundra which is expected to be commissioned by 2016. The estimated cost of this project is over Rs. 3,500 cs,” he said. “We hold a major equity interest in Gujarat State Petroleum Corporation’s (GSPC) LNG, which was set up in 2007
Mr. Saurabh Patel
to develop the Mundra terminal. GSPC plans to source gas from
Australia and Egypt for this terminal,” the Minister added. Another terminal would be set up at Pipavav Port, which will have 2.5 to 5 MT capacities, he said and added: “Many companies, including Torrent, BPCL and HPCL have shown interest in the Pipavav project.” The Minister was here to sign shareholders’ agreement between Vadodara City & Gail Gas Ltd, a wholly-owned subsidiary of Maharatna Company GAIL (India) for city gas distribution.
Mr. Patel pointed out that since the Centre did not grant permission to Gujarat Government to lay new pipelines, the State was not able to supply natural gas to domestic consumers in Amreli and Bhavnagar cities. “Gujarat is the only State which has provided 12 lakh gas connections to houses and has helped the Centre collecting subsidy of crores of rupees given on LPG cylinders,” he remarked.
Wednesday, July 24, 2013
SHIPPING NYK Group Crystal’s
“He who loves practice without theory is like the sailor who boards ship without a rudder and compass and never knows where he may cast.” - Leonardo da Vinci
ICS explains shipping’s 18th consecutive triumph economic challenges NEW DELHI
Sagar Sandesh News Service
Sagar Sandesh News Service
YK has announced that the NYK Group’s Crystal Cruises has been selected as the World's Best Large-Ship Cruise Line in the annual Travel + Leisure’s “World’s Best Awards” readers' survey. This win is Crystal's 18th consecutive triumph. The ultraluxury vacation company is the only cruise line, hotel or resort to win its category every year since the awards were instituted. Crystal President Gregg Michel said: “To win this prestigious award once is a tremendous honour. To win this award for 18 years is humbling a testament to the passionate dedication, professionalism and creativity of our extraordinary staff”. “Never resting on our laurels, each year we thoughtfully refine our Crystal experience with new entertainment choices, design enhancements, culinary attractions and shore-side options. Consistent throughout is authentically warm service, exceptional quality, superior choices and unwavering attention to detail we are inspired to continuously improve our service to each discriminating guest.” Crystal’s winning score for 2013 reflects thousands of jetsetting readers’ ratings across six areas: service, itineraries/destinations, activities, accommodations, food and value. Crystal Cruise was also recognized in the survey for offering the World's Best Service (Large-Ship). Further attesting to the consistency of its ratings, Crystal was also recently honoured with one of TravelAge West’s WAVE (Western Agents’ Votes of Excellence) awards for the cruise line with the highest client satisfaction (for cruises of less than 1,100 passengers). This was the seventh time for Crystal to receive this honour from these travel industry professionals.
t the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's Transport Ministers from more than 50 countries, the views of the global shipping industry were represented by the International Chamber of Shipping (ICS), the principal global trade association for ship owners. ICS explained the realities of the very serious economic challenges presently confronting shipping at a special ministerial session on the
MSC announces 3 new direct services NEW DELHI
Sagar Sandesh News Service
editerranean Shipping Company (MSC) has announced the commencement of three new services - Red Sea Service, East Africa Service and South Africa Service - which will be directly connected to ports in the Red Sea, East and South Africa from Mundra and Nhava Sheva. The three new services will be started from July 31, 2013.
Red Sea Service: Mundra, Karachi, Port Qasim, Salalah, Jeddah, Aqaba, Sokhna & Port Sudan. Nhava Sheva cargo will be connected via Salalah. East Africa Service: Mundra, Nhava Sheva, Salalah, Dares Salaam and Mombasa. This service will also cover Mogadishu via Salalah. South Africa Service: Mundra, Port Louis, Durban, Coega and Jebel Ali. Nhava Sheva cargo will be connected via Mundra.
Sagar Sandesh News Service
Sagar Sandesh News Service
The port rotation will be:
MSC is thus facilitating a fastgrowing market through these services. With the West still being impacted by the effects of the post2008 slowdown, Africa is seen as the next big thing in the global economic scenario. MSC, the world's 2nd biggest container line, constantly endeavours to introduce new services & upgrade its service levels to cater to growing volumes & demands of new trade lanes.
Maersk still the most reliable major carrier
CMA CGM sets sail MA CGM inaugurated the world's largest containership of 16,000 TEU when it made an exceptional call at Marseilles in the presence of French President Francois Hollande on June 4 to celebrate the group's 35th anniversary. The CMA CGM Jules Vernes is deployed on its French Asia Line (FAL 1), the world's biggest shipping route, linking Asia to North Europe. The line offers a weekly service with some of the fastest transit times on the market.
financing of sustainable maritime transport. Speaking on behalf of ICS, Stena AB CEO Carl-Johan Hagman said: “In the current economic climate the shipping industry has to work in close contact with shipping’s global regulators, especially the IMO, and make them fully aware of the implications of their actions”. “Protection of the environment is of great import- ance,” he confirmed, pointing out the need for balance between the measures taken with the economic impact of these measures.
Mr. Hagman explained to the closed meeting: “Distillate fuels currently cost around 50 per cent more than residual fuel and the difference between the two fuels is expected to increase as the use of distillate becomes mandatory. Without significant extra production of distillate fuels, how should ship operators manage these extra fuel costs?” Questioning how ship operators will manage all the additional costs associated with eco measures, he stated that the increases “threaten to rise so high that they may have a dramatic impact on world trade or force cargo back onto roads or to other less carbon-efficient modes of transport. “If governments and regulators are serious about the concept of sustainable shipping, then we must give serious consideration to these cost-benefit questions,” he concluded.
D Its rotation is Busan, Qingdao, Ningbo, Shanghai, Xiamen, Shenzhen-Chiwan, Shenzhen-Yantian, Port Kelang, Suez, Malta, Marseilles, Tangier, Southampton, Hamburg, Bremerhaven, Rotterdam, Zeebrugge, Le Havre, Malta, Suez, Khor Al Fakkan, Jebel Ali, Port Kelang and Ningbo. It will continue its rotation from Tangier. The 396metre long and 54-metre wide vessel is the third 16,000 TEU class to be delivered to the French carrier.
rewry has now published its Carrier Performance Insight report for the 1st quarter. The shipping consultants have “become aware of a technical error relating to ship reliability results dating back to the third quarter of 2011.” The change means that unlike what was published in February 2013 by Drewry, Maersk Line remains “the most reliable major carrier for the 12th time in 13 quarters (among carriers with a minimum of 100 voyage counts in a quarter). The Danish megacarrier achieved an all-trade on-time average of 89.1% in the first quarter, down fractionally on its revised score of 89.3% in the fourth quarter.” Maersk Line’s schedule
reliability on the Asia to Europe trade is 100%. Asked what Maersk Line does differently to maintain reliability, Head of the Northern European Liner Operations Team, Anders Lund Kristensen, replied: “There seems to be a general belief that reliability comes at a (much higher) cost. This is undoubtedly true if it is achieved without an end-to-end approach, i.e. if the network is not both designed and operated reliably. Our view in Maersk Line is that reliability and cost effectiveness are two sides of the same coin, and we design and operate our network as such. Our efforts go into reducing waste while being the most reliable carrier. This also enables our customers to reduce waste in their own supply chains.”
Wednesday, July 24, 2013
A sailing ship is no democracy; you don't caucus a crew as to where you'll go anymore than you inquire when they'd like to shorten sail. - Sterling Hayden
China launches policies to help shipping firms BEIJING
hina will remove “unreasonable fees” & introduce supportive policies for shipping companies in the second half of the year to help them through an industry downturn, China National Radio has reported, citing a Ministry of Transport official. The Ministry “is pro-actively striving for a reasonable tax burden for the shipping industry and, at the same time clean up unreasonable fees,” Mr. Song Dexing, Head of the Ministry’s Water Transport Bureau, said in the report. The plan comes as Cosco Shipping Co. (600428), a listed unit of China’s biggest shipping group, announced that its first-half net loss tripled. Data released showed an unexpected drop in China’s June exports and imports, underscoring the severity of the country’s slowdown. China Rongsheng Heavy Industries Group Holdings Ltd., the nation’s biggest shipyard outside State control, is seeking financial help from the Government, as the nation’s ship owners association forecast a slump in vessel orders will run through next year.
New software solution to ship recycling compliance Safe and Environmentally Sound Recycling of Ships. It is stated in a Media release that the new EU regulation will see a number of measures introduced to ensure that vessels are sustainably and responsibly The IGS Interaction Model shows how project users recycled at the end can perform their tasks and interact throughout the of their lifecycle. The primary life cycle of a ship. requirements of the regulation for ship owners, which NEW DELHI Sagar Sandesh News Service is scheduled to enter into force at the new software solution has end of the year, are the establishment been developed by of an IHM for all EU flagged ships Germanischer Lloyd (GL) to and for all vessels which call at ports streamline compliance with the newly within the EU. The regulation is also adopted European Union regulation intended to promote the ratification of on ship recycling. The IHM Green the Hong Kong Convention as a Server (IGS) is a web-based global solution to the environmental application which aids in the impact of ship breaking. With the new tool the entire preparation and the maintenance of a vessel's Inventory of Hazardous volume of ship component data, Materials (IHM). The tool supports which are required to be maintained ship owners with all of the IHM and updated through its entire related aspects of both the EU lifetime, can be comprehensively regulation and the Hong Kong gathered and processed. From the International Convention for the central web-based data repository all
Global ship building industry sailing towards South Asia MUMBAI Sagar Sandesh News Bureau
redicting a cycle shift in the ship manufacturing and ship design drifting towards developing nations in South Asia, Lloyd’s Register has come out with a comprehensive guide on factual capacity and capability opportunities available at over 80 shipyards and 18 ship designers in Bangladesh, India, Indonesia, Malaysia, Philippines, Singapore, Sri Lanka, Thailand and Vietnam. The future is looking extremely bright for shipping and ship building in the South Asia area. Maritime trade looks set to grow, demand for energy infrastructure is highly likely to grow and local naval power and ambition also looks set to grow.
Global Marine Trends 2030, the Lloyd’s Register report released in April, identified the growing importance of Asian economic growth & significance in ship building & shipping. The South Asia area was identified in the report as having very high potential for growth & ship building model has been so successful that in the area is forecast to grow and yards such as Hanjin Subic it is highly likely to continue and Shipyard, employing more than to strengthen if economic growth 18,000 workers, have propelled continues at anticipated levels. the Philippines to a position as the The area now boasts of an world’s fourth largest ship builder. increasing number of world class ship building centres including India set to increase its joint ventures combining the market share by 5% in 2020 design & management of Korean In addition to joint ventures or Japanese industry heavyweights with international ship builders, with local workforces in Indonesia, the South Asia area has also seen Vietnam and the Philippines. This significant growth in the number
of the various parties who need access and are involved in the process of preparation, certification and maintenance of IHM data, such as ship owners, shipyards, suppliers, hazmat experts, class societies and recyclers, can, using the IGS, work in parallel on the same platform. This ensures that the IHM process is transparent, not only to the regulators but to the ship owners, ship yards and recycler. It gives a real-time overview of individual vessels and the entire fleet under management, while allowing for the smart and efficient management of all the required documentation, e.g. Material Declarations, Supplier Declarations of Conformity and IHM Documents. Mr. Gerhard Aulbert, GL's Head of Global Practice Ship Recycling, said: "This new legislation from the EU has the potential to initiate a change that will take ship recycling standards to the next level, and sets a global benchmark for the ship recycling industry. We have developed the IGS as a smart tool for generating documents which comply with the regulations in the most transparent and easy manner possible. It facilitates communication between the various parties and will support owners in maintaining high quality ships and a clean working environment on board, while also enabling ship recycling facilities to benefit from comprehensive IHMs for preparing to recycle vessels and monitoring of hazardous materials on board of ships."
of public and private sector ship building enterprises. This is especially so in India with the Indian Government’s plan to expand its global ship building market share from 1% to 5% by 2020. This plan has already seen investment and expansion in both naval & commercial yards. A recent new building first was the
The future is looking extremely bright for shipping and ship building in the South Asia area delivery of the first Panamax bulk carrier to be constructed in India – at Pipavav, from its 2 million square foot yard in Gujarat, on India’s West Coast. Increasingly, ship owners are seeing the area as an attractive new building option for current and future projects. Capability previously exclusively directed at local demand in countries like
Indonesia and Vietnam, is now at a level that is becoming competitive with the quality, facilities and construction times of the world’s leading yards. Mr. Mark Darley, South Asia Area Manager, Lloyd’s Register, said: “We are well placed to support the South Asia area & its development. Lloyd’s Register has produced this guide for the industry and investors as we continue to work and build our co-operation and mutual support with local and international owners, with the shipyards in South Asia and with suppliers and designers.” “Lloyd’s Register employs over 100 exclusive surveyors including local and expatriate technical staff in the South Asian countries. These experts are supported by a team of experienced technical performance, business development & support staff. We have over 20 offices across South Asia including site offices in many of the major shipyards where Lloyd's Register classed ships are under construction,” he concluded.
Wednesday, July 24, 2013
TN EXIM traders, Chennai Po
Killing the gee laying golden
Sagar Sandesh News Bureau
hough 15 months have passed by now, ever since the Tamil Nadu State Government stopped the 19-km long Chennai Port Maduravoyal Elevated Expressway along the banks of the River Cooum citing a ridiculous reason of slight deviation from the approved alignment, there is no sign of restarting the important infrastructure project anytime soon. The inordinate delay in completing the allimportant road connectivity project, which was primarily conceived as a permanent solution to growing congestion of heavy vehicles plying between Chennai Port and the outskirts of the City via Chennai’s arterial roads, is silently eating into the already fragile EXIM trade growth of the region.
Exporters and importers of the State, who naturally preferred the Chennai Port for their needs for the last several decades, slowly moving their operations to ports located in neighbouring states like Andhra Pradesh, Kerala and Karnataka As a cascading effect of the halted project, exporters and importers of the State, who naturally preferred the Chennai Port for their needs for the last several decades, have started to slowly move their operations to ports located in the neighbouring states of Andhra Pradesh, Kerala and Karnataka. According to EXIM sources, any further delay to this Rs. 1,815-crore project would not augur well for the profile of the Tamil Nadu State, which vies for support of many more foreign manufacturing companies to set up their plants here.
In the interest of EXIM traders from the region, the State Government should take serious efforts to bring the decongesting road connectivity project back on track, says the EXIM community in Chennai.
PROJECT HISTORY With Chennai Port, a Central Governmentmaintained port, and the Tamil Nadu State Government realizing that the growing congestion of heavy vehicles on Chennai’s arterial roads could create serious problems for other roadusers in the future if not arrested on time, the stakeholders have planned for a better road connectivity to ensure seamless movement of cargo towards Chennai Port round-the-clock. After much deliberation on the prospective plans for win-win situation for all users - regular motorists as well as heavy vehicles - it was finally decided that an elevated road connectivity project from Chennai Port up to Maduravoyal, which is the important entry point for all kinds of commercial vehicles to the port, should be developed, so that traffic congestion could be arrested in future. As a next step, the Government of India in December 2008 gave its nod for the development of 18.3 km four-lane elevated road from Chennai Port to Maduravoyal under its flagship scheme of National Highways Development Programme (NHDP) Phase VII. The project, started in September 2010 at the behest of Tamil Nadu Government and Chennai Port Trust and due to be completed by September 2013 (as per 2010 schedule), would cut down the travel time between the port and Maduravoyal, on the city outskirts, from more than two hours to just 15-20 minutes.
SALIENT FEATURES Under NHDP Phase VII, the Government of India had approved the construction of standalone ring
roads, bypasses, grid separators, flyovers, elevated roads, tunnels, road over-bridge, underpasses, service roads, etc. under Public Private Partnership (PPP) mode. The need for a dedicated freight road emerged in the picture, as Chennai Port has experienced a steady increase in the volume of traffic handled over the years, which in turn has increased the traffic on the internal roads of the port. The Elevated road connectivity project came into existence due to traffic restrictions on movement of heavy vehicles to Chennai Port on NH-4 within Chennai City. The State Government of Tamil Nadu in 2008 also agreed to the alignment of this elevated road and also to carry out the land acquisition, rehabilitation and resettlement on a 50:50 cost basis between the Chennai Port Trust and the State Government. The Chennai Port Trust would initially bear the entire cost and subsequently 50 % of the cost would be reimbursed from the State Government.
The delay due to stoppage of the connectivity project has already taken its toll in the form of drastic fall in cargo meant for Chennai Port The project has been envisaged to provide an alltime road without any traffic regulatory obstacles so that the port can be approached directly from the outskirts of Chennai City without interfering with the city traffic by all commercial vehicles. For general traffic (non-commercial users), entry/exit ramps are proposed on Kamarajar Salai (exit), Sivananda Salai (entry), College Road (entry) and Spur Tank Road (exit). The project was planned on Design, Build, Finance, Operate & Transfer (DBFOT) basis and the concession period was decided as 15 years in accordance with the design capacity of the highways.
Wednesday, July 24, 2013
ese eggs The project has been divided into two sections. In section -1, road from Chennai Port to Koyambedu – total length 14.2 km including the ramps at Koyambedu would be developed. In section -2, the project was decided from Koyambedu to Maduravoyal – widening of NH4 from and elevated road should be carried out.
OBSTACLES Though Prime Minister Manmohan Singh laid the foundation stone for the important connectivity project in January 2009, work on the Koyambedu to Maduravoyal section of the Elevated Road began only in September 2010. The work on the Chennai Port to Koyambedu section started only in March 2011 after receiving the Centre’s CRZ clearance for the section since it runs along the River Cooum, one of the important waterways in city. Though the implementing authority of the project, NHAI, started to fast track the project after so-much undue delays, Tamil Nadu Government put a spanner on its work citing deviation from approved alignment along River Cooum in March 2012. Ever since the objection and “Stop Work” notice by the State’s PWD Department, work on the Rs. 1815crore much-desired project came to a grinding halt.
LEGAL WRANGLING Consequent on the project being forced to halt in the face of PWD’s objection, National Highways Authority of India (NHAI) has moved the Madras High Court seeking directions to the State authorities to execute it as agreed earlier. According to the prayer, NHAI sought quashing of a letter by the Chief Engineer of Water Resource Organisation, Public Works Department, asking NHAI to obtain revised Coastal Regulatory Zone (CRZ) clearance for the 19-km long'
Chennai Port-Maduravoyal Elevated Corridor, and carry out certain remedial measures. This direction to obtain revised CRZ clearance was nothing but arbitrary exercise of power, mala fide against the spirit of public interest and various orders passed by the Tamil Nadu Government, NHAI claimed in the petition. The implementing agency also submitted before the court that though necessary clearances and approvals had been obtained from concerned departments/agencies before commencing the project, after the change of Government in May 2011, there has been no cooperation from various departments of the State Government with regard to the land acquisition, rehabilitation and resettlement of projectaffected families. Though the court proceedings are still on, the delay due to stoppage of the connectivity project has already taken a heavy toll in the form of drastic fall in cargo meant for Chennai Port.
The Elevated road connectivity project came into existence due to traffic restrictions on movement of heavy vehicles to Chennai Port on NH-4 within Chennai City Meanwhile, Soma Constructions Ltd., the contractor of the Chennai Port – Maduravoyal Elevated Expressway project, also approached the NHAI authorities for compensation arising out of undue delay in completing the project.
For Chennai Port, the elevated road project came only as an opportunity to secure seamless as well as uninterrupted road connectivity, since the other connecting road, EMRIP, also known as the Chennai Port Road Connectivity Project, is progressing slowly.
The EMRIP has been planned to improve the connectivity of the Chennai Port to the National Highway network by strengthening the connecting roads from the port. The project is being executed by the SPV Chennai Ennore Port Road Co Ltd comprising National Highways Authority of India (NHAI), Chennai Port Trust, Ennore Port Limited and Government of Tamil Nadu. Even though the existing EMRIP road serves as a lifeline for Chennai Port, it is also the important arterial road for other commuters as well as the public transports in Northern parts of Chennai. Since the EMRIP would also face congestion of vehicles in a few years’ time, a dedicated road like Elevated Road from Chennai Port to Maduravoyal, which would be free from any kind of restrictions on movement of vehicle, will ultimately help the port to sustain its dominance in the region.
GAINS FOR TN According to a section of EXIM players, early commissioning of the Elevated Expressway would help both the traders of import and export as well as the State Government. While seamless movement of cargo would increase revenue for Chennai Port, it would also help the manufacturing sector in the State to fully rely on the oldest port for their raw material requirements. So, in the interest of the trade as well as for the brand building of Tamil Nadu State among the international players, who are keeping a close eye on the State to set up their manufacturing plants, the concerned authorities should sink their ego and seriously vie for a solution for the very important infrastructure project in the best interest of EXIM players as well as Chennai Port in particular and the Tamil Nadu Government in general.
Wednesday, July 24, 2013
“The line between disorder and order lies in logistics…” - Sun Tzu
JM Baxi opens international cargo terminal at Sonepat The state-of-the-art facility is equipped with a large container storage yard, export import warehousing with a capacity of 50, 000 sq.ft. and an equal capacity planned for the future NEW DELHI Sagar Sandesh News Service
he J.M. Baxi Group, a leading and prominent shipping and shipping service provider, has inaugurated Delhi International Cargo Terminal (DICT) at Sonepat. Focusing on a B2B trade meet in New Delhi on the occasion, several MoUs were signed with shipping lines, container train operators, Custom House Agents, freight forwarders, CONCOR, officials, shippers and consignees who are engaged in business with DICT. It is said that the Group has invested INR 200 crores in an integrated rail-linked cargo terminal and inland container depot, DICT, to cater to the growing trade of NCR and North India, which will benefit all the three sectors of Export Import trade. The facility is established on a 65-acre land, near Sonepat, off National Highway No.1, the most important road corridor running across North India. A proposal is on the anvil for a phased investment of another INR 600 crores. The DICT facility has a capacity to handle 500,000 TEUs of containers annually. DICT lies at a location approximately 35 km north from KMP passing point at
From right to left : Mr. Dhruv Kotak and Mr. Vir Kotak, Directors of J.M.Baxi Group, Mr. I.V.S. Muralidhar, Sr. Vice President, DICT and Mr. Rajeev Mittal, DICT President, at the press meet.
Kundli. This is from where North Indian cargoes funnel into Delhi. It is estimated that 80% of the NCR traffic has a natural advantage in using DICT as a gateway. NCR cargo break-up from North direction is estimated at 2, 50, 000 TEUs / annum, from North West 2, 50, 000 TEUs / annum and from North East is 3, 50, 000 TEUs / annum. The location is ideal for filling up the capacity almost immediately.
Notwithstanding, this would also ease up the cargo traffic congestion within the NCR road network. The state-of-the-art facility is equipped with a large container storage yard, export import warehousing with a capacity of 50, 000 sq.ft. and an equal capacity planned for the future. In order to provide flexibility and ease to the cargo arrivals by road some of the ramps have been specially imported from Italy. DICT is connected with three
rail lines, linked through the serving station of Bhodwal Majri. In order to facilitate the cargo operations, modern handling equipment like reach stackers, Hydras, forklifts, 75 road trailers and 90 reefer plug points are being deployed. User amenities like Customs offices, EDI link, specialized warehousing spaces, metal scrap inspection yard with scanners, dedicated transport pools, office spaces for CHAs, liners, forwarders, high end IT systems, generator power back-up, weigh bridges, electronic surveillance, bank on the campus, customer facilitation centre and related infrastructure are availble. Bearing in mind the requirements of the trade, 30,000 kl liquid tank farm facility, 5000 MT capacity controlled temperature warehousing and cold storage, mechanized bagging plant with a capacity of 2 500 Tonnes per day and grain / bulk silos for storing 50,000 MT are being added. With the growing retail market, DICT will act as a hub and DC (Distribution Center) for North India. It is therefore rightly termed as an 'ICT' (International Cargo Terminal) and not just another 'ICD'. Between North India and NCR there is an equipment type imbalance of 20' & 40' inventory as well as import and export
volumes. DICT is well positioned to provide a right balance of trade and equipment as it is situated between Ludhiana and NCR ICDs and in the close proximity of the cargo production and consumption centres. There are many ICDs in the region but most of them are an extension of a rail operator, terminal or a Line which creates exclusivity. DICT is a complete common user facility where all stakeholders will have a level playing field and will be able to establish their businesses according to their requirements. DICT offers better turnaround time for containers, trains and road transport vehicles, thereby saving cost and time. This creates a win-win situation for all stake holders. Due to challenges of congestion, inventory imbalance and cost, a large section of the trade uses road transportation instead of rail to connect cargoes to and from gateway ports. DICT is poised to alleviate all the above impediments, thus enabling the cargo to revert to rail. There is a high demand for Less-thanContainer Load (LCL cargo) and consolidation with increasing global trade and reduction in trade barriers. DICT is also positioning itself to be the logistic hub for LCL cargo in North India.
Cargo & Container Carriers celebrates Silver Jubilee CHENNAI Sagar Sandesh News Bureau
argo & Container Carriers (CCC), a Chennai-based logistics firm catering to varied customers from across the country, celebrated its Silver Jubilee on July 12. At a function organized here, CCC’s clients and well-wishers congratulated the partners and employees of the group for their best show during the past 25 years and appealed to them to maintain the same streak in future also. Addressing the gathering, Mr. N. Ravishankar, Managing Director of Triway Group and a well-wisher of CCC, said: “I congratulate the team and staff of Cargo & Container Carriers, without whom the success could not have been achieved. Celebrating 25 years of existence as a successful logistics company, that too in a highly competitive environment, is not an easy thing to achieve.” Recalling the old days, when the company was launched in 1989 in a shared room of a Custom House Agent, he stated: “It was a very humble beginning with a few vehicles and staff then, and with God’s grace and workers’ dedication, CCC now has grown by leaps and bounds.”
In his acceptance speech, Mr. N. Pramasivam, one of the partners in CCC, thanked all the well-wishers and clients for their enduring support. He also thanked the staff members for helping the company to celebrate its Silver Jubilee. Besides staff members, Mr. P. Natarajan, father of the three CCC partners, attended the celebration and offered his blessings for a bright future. Started in the year 1989 with a lone office in Chennai, CCC now has service network in 12 major towns namely Chennai, Ranipet, Krishnagiri, Hosur, Bangalore, Boomachandra, Mr. N. Ravishankar, Managing Director of Triway Group and a wellwisher of CCC, addressing the gathering. Also seen (from right) K.R. Puram, Pudhucherry, Thindivanam, Mr. P. Natarajan (father of the three CCC partners), Salem, Erode, Pallipalayam, Perudurai, Mr. N. Manimaran, Mr. N. Kothandabani and Mr. N. Pramasivam. Tirupur and Coimbatore. Besides having its presence in major towns, To commemorate the Silver Jubilee celebrations, Mr. Ravishankar presented a trophy to the partners of the CCC also has sub-branches in Chennai at Ambattur, group - Mr. N. Pramasivam, Mr. N. Kothandabani and Guindy, Perungudi, Poonamallee and Parrys. According Mr. N. Manimaran - and advised them to exercise to an official of the company, they have plans to open utmost care in their logistics business in future. branches in some more places shortly.
Wednesday, July 24, 2013
“News is what somebody somewhere wants to suppress; all the rest is advertising.” - Lord Northcliffe
Pirates hijack oil tanker Defence Ministry lifts hold on with 20 Indian sailors Mazagon Dock & Pipavav JV NEW DELHI Sagar Sandesh News Service
irates from Somalia struck again on July 14 by hijacking a Turkish-owned oil tanker ship off the western Africa coast. The Malta-flagged tanker vessel, MV Cotton, with its crew of 20 Indian seafarers, was attacked near Port Gentil in Gabon. An official of the Turkish Foreign Ministry confirmed the accident. According to the information, 6 of the kidnapped seafarers are natives of Kolkata. Capt. Shishir Wahi, 54year-old, took over the tanker ship’s command only on July 12. “My father flew from Kolkata on July 5. We got
confirmation about the hijacking from the shipping agencies around 12:30 p.m. on July 16,” told the daughter of Wahi, Richa. “My father called us on July 14 (Sunday). But late in the evening, I received an e-mail from my father stating that there had been a communication failure that would be rectified soon,” she said in addition. Richa added that there has been no news on the seafarers’ whereabouts. “The Somali pirates haven’t made any ransom demand from the shipping company,” she stated. The owners of the hijacked tanker ship MV Cotton lost contact with the seafarers onboard late on July 14.
Following objections lodged by other two bidders ABG Shipyard and Larsen Toubro (LT) that made allegations of non-compliance and favouritism in the forging of the JV MUMBAI Sagar Sandesh News Bureau
he existing hold on Joint Venture (JV) agreement between PSU warship builder Mazagon Dock and SKIL Infra promoted Pipavav Defence was lifted by Ministry of Defence (MoD), according to a stock exchange filing on July 12. The JV proposal has been withheld by the Ministry following objections lodged by other two bidders ABG Shipyard and Larsen Toubro (LT) that made allegations of noncompliance and favouritism in the forging of the JV in September of 2011. Defence Ministry formed a committee to examine the various aspects of JV like articles of association and price discovery mechanism before giving a go ahead to the formation of JV. The JV proposal has now been cleared facilitating the duo
DGS directive to shipping firms on safe operation MUMBAI Sagar Sandesh News Bureau
eacting to the recent marine casualties involving Indian companies, DG Shipping has told the top management (Board of Directors) of shipping companies to file a selfdeclaration on effective discharge of duties by the latter as per the International Safety Management (ISM) Code. The marine casualties involving Indian companies have raised serious doubts about the capabilities of a few of such Document of Compliance (DoC) holding companies to effectively discharge their duties and responsibilities envisaged under the International Safety Management (ISM) Code placing several legal, technical and social challenges. Therefore the matter was extensively deliberated at the Directorate amongst various stakeholders and it has emerged that balanced, pragmatic and non-intrusive mechanism is essentially required to be put in place by the administration to bring in more accountability and transparency amongst the companies. It is directed by DGS that all existing companies are required to submit the declaration with requisite information
at the time of application of DoC audit or not later than Oct. 31. Any new company intending to obtain DoC from the Directorate is required to submit the declaration at the time of applying for interim DoC audit.
The marine casualties involving Indian companies have raised serious doubts about the capabilities The self-declaration consists of 6 paragraph-items firstly emphasizing on company taking up the responsibility and authority towards the safe operations of ships under its management. Secondly, the Board of Directors acknowledg-ing that company as per ISM Code is duty bound to ensure that it has sufficient wherewithal, both technically and financially, to provide adequate and prompt shore-based support to the vessels under its management all times.
to build warships for Indian Navy and can carry on with their business on open and transparent basis. The JV between Mazagon Dock Limited (MDL) and Pipavav Defence and Offshore Engineering Company Ltd (PDOECL) would function in a completely transparent manner benefiting immensely Navy, Indian Coast Guard and other clients, said a Pipavav filing to BSE. The JV shares a vision of executing the contracts without any time and cost overrun received through appropriate transparent mechanism. The JV will also focus on working on other large and complex projects both meant for Indian Navy and friendly navies of the world, it added. With a view to achieving substantive self-reliance in the defence sector, the Government
All existing companies are required to submit the declaration with requisite information at the time of application of DoC audit or not later than Oct. 31 Thirdly, the Board of Directors should take cognizance of requirements relating to the company’s responsibilities towards ensuring adequate resources under the ISM. Fourthly, the top management should endorse that the company has provided and will continue to provide prompt and adequate resources in terms of skilled manpower, material and services for safe operation and pollution prevention in compliance with all applicable rules and regulations adequately accompanied by the preceding year financial statement vetted by a bona fide chartered accountant. Fifthly, the top management of the company should declare that it has paid on time necessary dues to the providers of all services including seafarers, suppliers of stores, spares and bunkers and other service providers including recognized organisations. The last and sixth item of the self-declaration says that failure from the company to provide timely resources and services to a vessel can render her seaworthiness unsafe within the meaning of Section 334 and 336 of the Merchant Shipping Act 1958 as amended and that the company is liable to be proceeded against as per the applicable statues for lapses.
of India issued guidelines for establishing joint venture companies by defence public undertakings. In accordance with these guidelines, Pipavav was selected by MDL as JV partner based on the former’s infrastructure capabilities, stateof-the art engineering facilities. PDOECL signed shareholders’ agreement with MDL for the purpose of building surface warships for the Indian Navy in February 2012. This is a landmark achievement for the company as the JV will complement the activities of MDL in the years to come, said Chairman Nikhil Gandhi’s message to shareholders in the annual report of 2012. The company expects, in addition to present and direct defence orders, sizeable orders from MDL through JV company mechanism, it further stated.
Exploring business avenues between India & Indonesia MUMBAI Sagar Sandesh News Bureau
he Indian Merchants Chamber (IMC), Mumbai, along with the Consulate General of the Republic of Indonesia, Embassy of the Republic of Indonesia, New Delhi, and the Indonesian Trade Promotion Centre (ITPC), Chennai, is organizing a business seminar on “Doing Business with Indonesia” and “Invitation to visit Trade Expo Indonesia (TEI) 2013” on July 29 in Mumbai. The seminar will include two sessions: ‘Doing Business with Indonesia’ by Mr. Hariyanta Soetarto, Consul (Economics), Consulate General of the Republic of Indonesia, Mumbai, and ‘Invitation to visit Trade Expo Indonesia 2013’ by Mr. Budi Santoso Trade Attaché, Embassy of the Republic of Indonesia, New Delhi, and Mr. Martin P Hutabarat, Deputy Director, Indonesian Trade Promotion Centre (ITPC), Chennai. Indonesia is one of the fastest growing economies in the world and offers several opportunities to Indian business for development of trade and investments. The seminar is to explore untapped business and services, develop business networks between Indian and Indonesia. The theme for TEI 2013 is ‘Remarkable Indonesia’ and the theme is selected to reflect the variety of products, services and investment destination that Indonesia is ready to offer. The South East Asian country offers opportunities in mining sector, manufacturing sector, services sector, transportation, storage and telecommunic ations and automotive sector, said a Press release.
Wednesday, July 24, 2013
NEWS Lloyd’s Register to help develop LNG bunkering in Singapore
“News is what somebody somewhere wants to suppress; all the rest is advertising.” - Lord Northcliffe
CHENSAA Chairman re-elected
Singapore is supporting efforts to create a clean fuel future for global shipping by developing LNG bunkering operations. We are supporting Singapore in realising that ambition
CHENNAI Sagar Sandesh News Bureau
loyd’s Register has got the Maritime and Port Authority of Singapore (MPA) nod to develop operational procedures and technical standards required to develop LNG bunkering capabilities in the Port of Singapore. According to a Media statement, in the contracted work, which has already commenced, Lloyd’s Register will identify technical specifications, LNG bunkering procedures and development of crew competency for LNG bunkering in the Port of Singapore to support Singapore in developing its ambitions to develop the capability and
infrastructure to supply LNG as a fuel for ships. Mr. Ng Kean Seng, Marine Country Manager for Lloyd’s Register in Singapore, said: "Singapore is supporting efforts to create a clean fuel future for global shipping by developing LNG bunkering operations. We are supporting Singapore in realising that ambition. We have assembled a global team experienced in addressing the requirements and in identifying what needs to be done to really address safety and the operational issues to make safe LNG bunkering possible." Lloyd’s Register will provide detailed guidance to MPA on what is required to ensure that the technical specifications of hardware are identified, the right operational procedures are established, port safety and emergency planning is provided for and personnel competence can be developed effectively and put in place. Much of Lloyd’s Register’s experience is from decades of LNG carrier classification leadership and understanding ship-to-ship (STS) transfer of LNG. STS has been a principal area of development for large scale transfer of gas and is an important experience.
Mr. Thomas Antony - Secretary, Mr. G. Viswanathan - Advisor & immediate past Chairman, Capt. A. Lawrance - Chairman and Mr. N.R. Krishnamurthy Vice-Chairman (from left to right) on the dais CHENNAI Sagar Sandesh News Bureau
apt. Arul Lawrance has been reelected as Chairman of the Chennai and Ennore Ports Steamer Agents Association (CHENSAA) for the current term 2013 – 2015. Led by the Chairman, the new office-bearers and Executive Committee members assumed office at the 57th Annual General Body Meeting held here on July 12. As per the note tabled by Chairman Capt. A. Lawrance, all aspects which
would lead CHENSAA to become a world recognized body were discussed in great detail. Many programmes have been scheduled to be taken up during the current tenure. The Chairman read the Annual Report of the Association for the year 2012 – 2013 and briefed the members the initiatives taken up by CHENSAA and mentioned a couple of important achievements made by the Association during the period. A large number of CHENSAA members attended the AGM.
DGS decision on Indian CDCs to foreign flag seafarers hailed MUMBAI Sagar Sandesh News Bureau
Chairman of Chennai Port Trust Atulya Misra with S.Jayalakshmi, daughter of Mr. Sundaravadivelu, Junior Assistant, Traffic Department, who came first (girls category) at the National Optimist Sailing Monsoon Regatta held in Hyderabad and G. Agilan (37th position - overall), son of Mr. S. Gunasekaran, Assistant Traffic Manager in the port.
cceding to the demand of National Union of Seafarers of India (NUSI) on issuing Indian Continuous Discharge Certificate (CDC) to Indian seafarers employed by cruise ships and other Merchant Navy foreign flag ships, DG Shipping has issued new guidelines enabling thousands of such seafarers to get Indian CDCs that is set to prop up employment prospects of the crew. The DG Shipping decision gives a fresh lease of life to many of these seafarers who hold Liberian, Bahamian, Panamian CDCs etc. but do not have Indian CDCs. NUSI and Indian seafarers appreciate the efforts of the Director General of Shipping in revising the guidelines and issuing Indian CDCs as per guidelines and thereby securing the present and the future of thousands of seafarers. “We are now pleased to inform you that on the basis of the application from seafarers, the
Seafarers employed by foreign flags posing for a photograph after obtaining Indian CDCs
Maritime Administration has started issuing Indian CDCs as per guidelines to the seafarers working on cruise ships and other Merchant Navy foreign flagships. Many eligible seafarers are in receipt of the Indian CDCs issued by the Maritime Administration. Indian seafarers are very happy from this development”. With a view to providing assistance to eligible seafarers to
get Indian CDCs, NUSI also started Facilitation Centres in its Head Office in Mumbai and at its branch office in Goa. Seafarers who need assistance in acquiring Indian CDCs as per guidelines can approach NUSI Head Office located at NUSI Bhavan, 4-Goa Street, Mumbai- 400 001 or NUSI Goa Branch Office located at River Sal Estate (Khareband office), Benaulim.
Wednesday, July 24, 2013
“News is what somebody somewhere wants to suppress; all the rest is advertising.” - Lord Northcliffe
IMO celebrates 30th birthday of WMU WMU was established when IMO identified a shortage of well-qualified,highly-educated maritime experts, particularly in lesser developed nations NEW DELHI Sagar Sandesh News Service
he International Maritime Organization (IMO) on July 10 celebrated the 30th anniversary of the founding of the World Maritime University (WMU), which is based in Malmö, Sweden, with a special event which included speeches from the current and former WMU Chancellors and the WMU President. Addressing the elite gathering, Mr. Koji Sekimizu, IMO Secretary-General and WMU Chancellor, said: “For 30 years, WMU has performed, and delivered, at the very highest level. It has achieved everything its founders could ever have envisaged, and much, much more. It has grown into an institution of truly world class, with an international presence and a global outreach.” Mr. Sekimizu also read out messages of support from Mr. Yohei Sasakawa, Chairman of the Nippon Foundation, which has given much support to WMU over the years, in terms of sponsorship and financial assistance, and from the founding father of WMU, IMO Secretary-General Emeritus Dr. C.P. Srivastava, KCMG, who was instrumental in establishing WMU when he was IMO Secretary-General. WMU was established at the beginning of the 1980s, when IMO identified a shortage of well-qualified, highly-educated maritime experts, particularly in lesser developed nations. It was to address this gap that IMO founded an institution to support Member States with the high level of education necessary to implement international conventions.
To date, 3,477 students from 164 countries have graduated from WMU and many hold very senior positions - Ministers, Deputy Ministers and Ambassadors to other countries
to deliver a broad programme of professional development courses in Malmö, with the potential for tailor-made courses at any location worldwide. WMU has also been taking advantage of its extensive network to organize and host a series of international conferences, in a significant expansion to the services it has traditionally offered to the maritime community. Recent topics have included oil spill risk management, piracy at sea, emerging ballast water management IMO Secretary-General Koji Sekimizu and WMU President systems, the impact of Dr. Björn Kjerfve at the World Maritime University's 30th climate change in the anniversary. maritime industry and ship recycling. WMU today offers its original Master Research projects currently underway of Science degree, but also, in addition to include those in important areas such as six specializations available within the mitigating invasive species in the arctic, Malmö M.Sc. programme, there are now risk assessment, maritime spatial planning, M.Sc. programmes in Shanghai and e-navigation and safety of life at sea. Dalian, China and a Ph.D. programme To date, 3,477 students from 164 offering five specializations, within a flexible framework allowing the majority countries have graduated from WMU and of the programmes to be completed from many hold very senior positions afar. Distance learning is available as well, Ministers, Deputy Ministers and with a Post-graduate Diploma in Marine Ambassadors to other countries. Some Insurance through co-operation with have pursued career paths to occupy senior positions in shipping companies, regional Lloyd’s Maritime Academy. In addition, WMU utilizes its extensive maritime organizations and national port network of international maritime experts and harbour authorities.
Mr. Sekimizu thanked the Government of Sweden and the City of Malmö for generously providing WMU with its facilities, noting that, at the end of 2014, the University will move to Tornhuset, the historic Old Harbour Master’s Building in the centre of Malmö, which will be supplemented by a dramatic new, modern addition designed by a leading Scandinavian architect. In total, this move will virtually double WMU’s floor space and provide a strong foundation for even more growth and development for this remarkable institution over the next 30 years and more. The other speakers included Mr. William A. O'Neil, CMG, Chancellor Emeritus and Secretary-General Emeritus; Mr. Efthimios E. Mitropoulos, Chancellor Emeritus and Secretary-General Emeritus; Dr. Wendy Watson-Wright, Assistant Director-General, United Nations Educational, Scientific and Cultural Organization (UNESCO) and Executive Secretary, UNESCO Intergovernmental Oceanographic Commission (IOCUNESCO); Mrs. Nancy Karigithu, Director General of the Kenya Maritime Authority, Kenya, Chairman of IMO’s Technical Co-operation Committee and Member of the WMU Board of Governors; Mr. Cong Peiwu, Minister at the Embassy of the People’s Republic of China in London; Dr. Takeshi Nakazawa, Secretary, International Association of Maritime Universities (IAMU); Mr. Torben Skaanild, Secretary General/CEO of BIMCO and Chairman, WMU Executive Board; and Dr. Björn Kjerfve, President, WMU.
Norway - first country to sign Cape Town Fishing Vessel Safety Agreement Fishing at sea remains a hazardous occupation and the sector experiences a large number of fatalities every year NEW DELHI Sagar Sandesh News Service
he Kingdom of Norway has become the first State to sign the Cape Town Agreement of 2012 on the Implementation of the Provisions of the 1993 Protocol relating to the Torremolinos International Convention for the Safety of Fishing Vessels, 1977. According to a Media report, Ms. Ida Skard, Director General, Maritime Department, Ministry of Trade and Industry, Norway, signed the Agreement at IMO Headquarters on July 15.
As Norway is already a Contracting State to the 1993 Protocol, the signature of Norway expresses that country’s consent to be bound by the Cape Town Agreement (under a simplified procedure set out in Article 3(4) of the Agreement).
Cape Town Agreement of 2012 The Cape Town Agreement of 2012 updates and amends a number of provisions of the Torremolinos Protocol. In ratifying the Cape Town agreement, parties agree to amendments to the provisions of the 1993 Protocol, so that they can come into force as soon as possible thereafter. The safety of fishermen and fishing vessels forms an integral part of IMO’s mandate but technical and legal problems had
and bringing into force a binding international safety regime is expected to play a part in helping to improve safety standards and reduce the loss of life. The Cape Town Agreement of 2012 is currently open for signature at IMO Headquarters, until Feb. 10, 2014, and thereafter will remain open for accession. It will enter into force 12 months after the date on which not less than 22 States, the aggregate number of IMO Secretary-General Koji Sekimizu with Ms. Ida Skard, Director whose fishing vessels of 24 m in General, Maritime Department, Ministry of Trade and Industry, length and over operating on the Norway, during the signing of Cape Town Agreement of 2012. high seas is not less than 3,600, have expressed their consent to prevented the Torremolinos Agreement is to address those be bound by it. Norway has 242 Protocol, which was adopted in issues. Fishing at sea remains a fishing vessels of 24m in length 1993 to revise the earlier 1977 hazardous occupation and the and over operating on the high treaty, from entering into force. sector experiences a large seas. The aim of the new number of fatalities every year
Wednesday, July 24, 2013 Developed countries and advanced developing countries must open their markets for products from - Anna Lindh the developing world, and support in developing their export and import capacity.
Differential rate of credit Sharma to apprise PM of exporters' concerns NEW DELHI Sagar Sandesh News Service
nion Minister for Commerce U and Industry Anand Sharma will take up the suggestions of exporters, such as providing differential rate of credit for them, with the Prime Minister and the Finance Minister to boost outward shipments. The Minister chaired a meeting with the members of Export Promotion Councils to discuss the measures to boost export and seek suggestions to remove the bottlenecks for the exporters. After the meeting, Mr. Sharma assured them of a concerted effort to help the
exporters and inform them about his meeting with the Finance Minister and forthcoming meeting with the Prime Minister in which he will take up the suggestions received during this consultation. The exporters put forward their demands for expansion of incentive schemes and a smoother regime for various clearances. Sector-specific councils submitted their inputs. Regarding the differential rate of credit, Mr. Sharma stressed that "same needs to be provided for exporters as interest subvention still falls well short of global lending rates." He further
stated that it is crucial as Indian exporters in any eventuality have to deal with high transaction costs on account of infrastructure bottlenecks. At the same time, efforts will be made to bring down transaction cost through Electronic Data Exchange. "24 x 7 custom clearance at ports will be pursued in a mission mode and senior Ministry officials will visit the Major Ports to expedite it at the earliest," he added. The Minister also exhorted the export bodies to focus on small and medium enterprises (SMEs) who account for a sizeable chunk of our exports.
EXIM bank extends $19.5 mn. additional LoC to Vietnam Under the LoC, Exim Bank will reimburse 100% of contract value to the Indian exporter Exim Bank's LoCs afford a risk-free, non-recourse export financing option to Indian exporters MUMBAI Sagar Sandesh News Bureau
xport-Import Bank of India (Exim Bank) has, at the behest of Government of India, has extended an additional Line of Credit [LoC] of USD 19.50 million to the Government of the Socialist Republic of Vietnam, for financing two projects in Vietnam. The LoC agreement to this effect was signed after the 15th meeting of India-Vietnam Joint Commission on Trade, Economic, Scientific and Technological Cooperation in New Delhi on July 11, by Mr. T.C.A Ranganathan, Chairman and Managing Director, on behalf of Exim Bank, and Mr. Truong Chi Trung, Vice-Minister, Ministry of Finance, on behalf of the Government of the Socialist Republic of Vietnam. The LoC agreement was signed in the presence of Union External Affairs Minister Salman Khurshid, Vietnamese Foreign Minister Pham Binh Minh and diplomats from the Government of India and the Government of Vietnam. With the signing of the above LoC agreement, Exim Bank has till date extended three Lines of Credit to Vietnam taking the total value of LoCs extended to Vietnam to USD 91.50 million. The LoCs have supported export of items like equipments for
NEWS IN A NUT-SHELL Huge loss to port due to longest stir
he longest strike in Hong Kong's history has caused a "huge" drop of almost 11 per cent in container volume at the Kwai Tsing Container Terminals. Port operator Hong Kong International Terminals - the target of the dock workers' 40-day strike in April, which ended after they accepted a 9.8 per cent pay rise, said its operations had returned to normal. Dr. Paul Tsui Honyan, Chairman of the Association of Freight Forwarding & Logistics, said the drop was huge and that many shippers had chosen to use the Shenzhen Port instead.
Vessels waiting in Texas water for crude oil
or months, a fleet of crude oil tanker vessels have waited in line to approach the congested public docks of the Port of Corpus Christi, Texas. The object of their shipping desire is one of the USâ€™ hottest commodities: light, sweet and relatively cheap Eagle Ford Shale crude. Barges and ships rotate into the loading docks round-the-clock, but the backlog is building. For shippers, often adrift in the waiting waters, congestion along the port has grown increasingly worse since late last year. Eagle Ford production has ramped up nearly 10-fold in three years.
China's exports tumble in June
C Mr. T.C.A Ranganathan, Chairman and Managing Director of ExportImport Bank of India (extreme right), signing the Line of Credit Agreement for USD 19.50 million for financing two projects in Vietnam with Mr. Truong Chi Trung, Vice- Minister, Ministry of Finance (extreme left), on behalf of the Government of the Socialist Republic of Vietnam, in New Delhi in the presence of Union Minister of External Affairs of India Salman Khurshid (third from left) and Foreign Minister of Vietnam Pham Binh Minh (second from left).
hydro power project, cold rolling steel, carding and spinning machines, hydraulic power equipment, tea processing machinery and the Nam Chien Hydropower Project in Vietnam. Under the LoC, Exim Bank will reimburse 100% of contract value to the Indian exporters, upfront upon shipment of goods. The LoC will be used for sourcing of goods and services from India. Vietnam is the eastern most country on the Indo-China Peninsula in Southeast Asia. Vietnam is bordered by China to the north, Laos to the northwest,
Cambodia to the southwest and the South China Sea to the east. Exim Bank has now in place 173 Lines of Credit, covering over 75 countries in Africa, Asia, Latin America, Europe and the CIS with credit commitments of over USD 9.13 billion, available for financing exports from India. Exim Bank's LoCs afford a riskfree, non-recourse export financing option to Indian exporters. Besides promoting India's exports, Exim Bank's LoCs enable demonstration of Indian expertise and project execution capabilities in emerging markets.
hina's exports took a surprising tumble in June, putting pressure on growth of the world's second-largest economy. Exports dropped 3.1 per cent year on year last month to 174.32 billion US dollars, while imports went down 0.7 per cent from a year earlier to 147.19 billion US dollars, according to General Administration of Customs (GAC) data. Total foreign trade in June declined 2 per cent year on year to 321.51 billion US dollars. In the first six months, China's foreign trade, with 8.6-per cent growth year on year, recorded the best performance among the world major economies despite the fact that it is slowing down.
FICCI business team to visit Israel
ederation of Indian Chambers of Commerce and Industry (FICCI) is organising a business delegation to Israel from July 27 to 31 with a view to increasing market access of Indian products and technologies as well as explore emerging investment opportunities. The focus will be on key sectors like agriculture, chemicals, IT & ITes, Defence and Homeland Security and Water and Water Management. The Embassy of India, Tel Aviv, the Israel Export and International Cooperation Institute (IEICI) and Israel Asia Chamber of Commerce will be the partners of FICCI to arrange B2B meetings and field visits locally.
SCI freight rates up from Aug. 1
o meet increasing operational costs and maintain reliability of service to customers, the Shipping Corporation of India (SCI) has hiked rates on Indian sub-continent to Europe with effect from Aug. 1, 2013. The freight rate increase will be at $200 per TEU and $400 per TEU respectively for shipments from Indian sub-continent to Europe, Mediterranean, Black sea and Red sea trade route, according to a Press release.
Wednesday, July 24, 2013
Some people make things happen, some watch things happen, while others wonder what has happened. - Gaelic Proverb
Caterpillar’s first dual fuel marine engine NEW DELHI Sagar Sandesh News Service
aterpillar Marine Power Systems has announced the shipment of the first MaK™ M 46 DF dual fuel marine engine. The M 46 DF, Caterpillar’s first marine dual fuel solution, will power a new build ordered by Germany’s AIDA cruises. Three 12 M 43 C marine engines will also power the cruise liner. The engine has already left the MaK Rostock, Germany facility, en route to Mitsubishi Heavy Industries in Japan. Upon arrival, it will immediately be placed in the ship’s hull. “We’re pleased to deliver our first dual fuel marine product to AIDA cruise lines, a longtime collaborator and partner” said Detlef Kirste, Caterpillar Marine Power Systems Senior Product Definition Engineer. “The M 46 DF will provide AIDA with superior performance and operational flexibility without sacrificing power or reliability.” Able to alternate from gas to diesel mode during operation, the M 46 DF offers the flexibility to operate vessels reliably in all geographical areas, whether the fuel in use is gas, marine diesel oil (MDO) or heavy fuel oil (HFO). In gas mode, the M 46 DF features industry-leading fuel consumption and will comply with IMO III as well as EPA Tier 4 regulations. The engine has been designed to allow retrofitting of current M 43 C engines. With a bore of 460 millimetres and stroke of 610, the engine was designed for electric drive propulsion systems as well as mechanical propulsion systems. Although designed for unlimited operation on LNG, marine diesel oil and heavy fuel oil, the M 46 DF will reach industryleading efficiency in gas mode. Caterpillar offers its CUSTOMS renowned EXCHANGE service and support for the RATES MaK dual fuel engine, Indian Rupees equivalent to one unit of foreign currencies will be as follows : including With effect from July 19, 2013 installation and Currencies Australian Dollar Bahrain Dinar Canadian Dollar Danish Kroner EURO Hong Kong Dollar Kenya Shilling Kuwait Dinar New Zealand Dollar Norwegian Kroner Pound Sterling Singapore Dollar South African Rand Saudi Arabian Riyal Swedish Kroner Swiss Franc UAE Dirham US Dollar
Import 55.35 161.45 57.65 10.60 78.60 7.70 70.40 213.70 47.30 10.00 90.55 47.45 6.20 16.25 9.10 63.65 16.55 59.65
Export 53.95 152.55 56.25 10.25 76.85 7.55 66.10 201.15 45.90 9.70 88.45 46.35 5.85 15.35 8.85 62.05 15.65 58.65
The rate of exchange of Indian Rupees equivalent to hundred units of foreign currency are as follows : Currencies Import Export Japanese Yen 60.30 58.80
Able to alternate from gas to diesel mode during operation, the M 46 DF offers the flexibility to operate vessels reliably in all geographical areas, whether the fuel in use is gas, marine diesel oil or heavy fuel oil
Maritime Innovation Award introduced NEW DELHI Sagar Sandesh News Service
he Royal Institution of Naval Architects and QinetiQ have introduced a new propulsion, structures and international award, which aims material. The award will to both recognise and recognise innovations that offer encourage scientific and the potential to make significant technological innovation in the improvements in the design, construction and operation of maritime industry. It is said in a Media marine vessels and structures. The award of £1,000 will statement that innovation is a key to success in all sectors of be made annually to either an the maritime industry and the individual or an organisation, in research carried out by any country. Nominations are now engineers and scientists in universities and industries can invited for the 2013 Maritime be critical to pushing forward Innovation Award. Individuals the boundaries of design, may not nominate themselves, construction and operation of although employees may nominate their company or marine vessels and structures. The Royal Institution of organisation. Nominations may Naval Architects and QinetiQ be up to 750 words and should have jointly launched a new describe the research and its contribution to award scheme to acknowledge potential the design, outstanding scientific or improving technological research in the construction and operation of areas of hydrodynamics, maritime vessels and structures. Nominations may be forwarded online at www.rina.org.uk/MaritimeInnovationAward or by email to MaritimeInnovationAward@rina.org.uk to reach by Dec. 31, 2013.
World’s largest wave farm
application, system integration support, as well as customer and crew training. The M 46 DF is distributed and sold through Caterpillar’s MaK dealer network.
cottish marine engineering corporation Aquamarine Power is coming up with a never-seen-before wave farm module in the high seas off the Lewis coast in the North-western Scottish province. Once operational, the wave energy farm is expected to power nearly 30,000 households at a maximum energy capacity of 40 mega watts. The wave energy farm is the company’s entry to the prestigious ‘Saltire Prize Challenge.’ Strictly focused towards projects that detail generating alternate energy through waves and tides, the Saltire Challenge offers a prize award of about British £ 10 million alongside recognition as the Challenge’s winner.
Postal Registration No. MA/140/2012-2014 Posted at Patrika Channel, Egmore, RMS, Chennai / BPC, Madurai. Licensed to post without prepayment - Licence No. TN/WPP-115/SR/2012-2014, Released every Saturday. Posted on Saturday / Monday / Tuesday
July 24, 2013