Category Archives: International

FFFAI and Kazakhstan Embassy host round table on INSTC in Delhi

To promote the Kazakhstan-Turkmenistan-Iran-India route under International North South Transport Corridor (INSTC), FFFAI and Embassy of Kazakhstan jointly hosted a round-table meet in New Delhi. Samir Shah, Past Chairman, FFFAI, suggested that Indian freight forwarders/logistics companies as well as logistics company representatives from Kazakhstan, Turkmenistan, and Iran utilise the platform for expansion of their horizon through exchange of ideas on mutual requirements. Commending the Government of India initiative, Shah reiterated FFFAI’s firm commitment to make the INSTC project a success. He also appealed to Indian companies to study and explore opportunities and new avenues of forwarding and logistics business on the highly potential Kazakhstan-Turkmenistan-Iran-India route.

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Maersk commences port operations at Ennore, Tamil Nadu

Maersk has begun its port operations at Ennore (Kamarajar port), offering connectivity between Far East Asian ports of Tanjung Pelepas (Malaysia), Busan (South Korea), and Xingang (China), as well as Indian ports of Chennai, Krishnapatnam, and Visakhapatnam. The company also celebrated the maiden call for its existing ‘Chennai Express’ service at the new container terminal in Ennore port, which is about 15 miles north of Chennai. “The rising global trade to and from India is leading to congestion and moving to new ports that offer quicker turnaround and better service is crucial. Port Ennore has the potential to be the new gateway to South India, and Maersk is geared up to support our customers move their cargo to and from anywhere in the world. Moreover, we can also help our customers with intermodal transport options for end-to-end connectivity across the region, backed by our fleet of trucks and train facilities,” said Steve Felder, Managing Director – India, Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives, Maersk.

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Bangladesh to utilise Kolkata & Haldia as transhipment ports

India has urged Bangladesh to use Kolkata and Haldia ports for transhipment purposes. The initiative will reduce coastal shipping rates and boost bilateral trade, thereby shifting cargo from the costly land route, and create an opportunity for Bangladeshi garment exporters to reach European and American markets avoiding congestion at the Chittagong port. The proposal was reiterated at a ministerial meeting in Dhaka recently. Indian customs authorities have already cleared the deck for Bangladesh to use Haldia as a transhipment port. However, Bangladesh is yet to approve the same. At the crux of the proposal is the growing need to augment handling capacities on either side, keeping in tune with growing trade volumes.

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Maersk launches OceanPro to support supply chain start-ups

OceanPro , an intensive 120-day accelerator programme, is offering start-ups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for customers. Pioneered in India, OceanPro complements Maersk’s innovation efforts worldwide. Seven external start-ups and one internal start-up have been identified for collaboration to create solutions that serve customers and manage operations better, leveraging Blockchain, Internet of Things, Advance Text Analytics and Artificial Intelligence. “We recognise the immense potential of India’s technology and digital talent and are looking to capitalise on these capabilities to help the logistics industry worldwide, to reinvent itself,” says Søren Skou, CEO, A.P. Moller – Maersk.

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Improved connectivity to boost bilateral trade between India and Bangladesh

The bilateral trade between the India and Bangladesh can utilise their connectivity to boost trade. There is immense scope for increasing Food & Beverages (F&B) exports from India to Bangladesh, says an senior official. Bangladesh is sending a strong buyer delegation to India during the upcoming Indus Food-II to be held in January 2019, in Greater Noida, organised jointly with Department of Commerce, Ministry of Commerce and Industry. The bilateral trade between the two countries is set to  touch $9 billion, out of which Bangladesh exports goods are worth $900 million. “India being an immediate neighbour with whom Bangladesh not only shares a long border but also culture, traditions and language will be looking towards India to import the items it needs,” says Jahangir Bin Alam, CEO  India-Bangladesh Chamber of Commerce & Industry (IBCCI).  Presently, Bangladesh’s total import of F&B from the world is $5016.4 million, out of which India is 5th in ranking with exports worth $332.4 million. Bangladesh currently sources 17.2 % of its F&B requirements from Brazil, followed by Indonesia (12.1%), Canada (9.7%), Argentina (9.1%) and India (6.6%). Improved connectivity between the two countries will help a lot in developing trade further. Source: PIB    

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Russia & India to ink MoU for rail cargo traffic

Russian rail monopoly RZD and Indian Railways will sign a memorandum to set up a joint operator of rail cargo traffic via the North-South corridor, informed Alexander Misharin, First Deputy Director General, RZD. He named traffic via the North-South corridor among the priorities for cooperation between the two companies. “We plan to sign a memorandum of agreement on developing cooperation with Indian Railways, which includes design and supplies of dispatch control systems, automated systems, creating a joint operator, study and preparation of documents to organise joint agreements on cargo traffic,” he said. The North-South international transport corridor is aimed at transporting cargo from India and Persian Gulf countries to western and northern Europe via Iran, Azerbaijian and Russia. The corridor’s main advantage is that the delivery will be two or three times faster than via other routes. Initially, the side plan to transport five million tonnes annually, and the volume may be doubled in the future.

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FIATA World Congress 2018 underway in Delhi

The FIATA World Congress 2018 (FWC-2018), with the presence of 1200 delegates from more than 130 countries and across India, is underway at Pullman New Delhi.  Themed ‘Future Starts Here’, the inauguration ceremony was addressed by AV Vijaykumar, Chairman, Federation of Freight Forwarders’ Associations in India (FFFAI), Neeraj Bansal, Chairman, Jawaharlal Nehru Port Trust (JNPT), who was also the Chief Guest; Robert A. Voltmann, Secretary General, FIATA, Debashis Dutta, Past Chairman, FFFAI and Chairman, FWC-2018 and Samir J Shah, Mentor, FWC-2018.  Federation of Freight Forwarders’ Associations in India (FFFAI) has hosted this first-ever international logistics conference in India. Welcoming the delegates, Vijaykumar said, “India is privileged to host for the first time FIATA World Congress this year.” Dutta remarked on the high number of registered participants who culminated for the event. “We are excited to announce that FWC-2018 registered close to 1200 delegates from across the world.” At the FWC-2018, 20 business sessions are expected to be held with some 70 eminent speakers from international logistics industry, apart from representatives from Government of India, WCO, renowned personalities, etc. In addition, there are about 1000 scheduled B2B meetings among more than 500 delegates in the offing.

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India gets green signal for Bangladesh ports

The Bangladesh cabinet has approved a draft agreement, allowing India to use its Chittagong and Mongla ports to transport cargo to its Northeastern states. Shafiul Alam, Bangladesh Cabinet Secretary, shares, “The draft has been prepared for signing the deal with India, but Nepal and Bhutan can be added to it, if they wish to use the two ports. Customs duties and transportation costs will be charged on this freight as it makes its way through Bangladesh territory.” “Under the proposal deal titled Agreement on the use of Chittagong and Mongla ports for movement of goods to and from India, a new modern tracking system would be used to track cargoes,” he adds.

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AFI to deliberate upon airfreight segment at FWC-2018

Air Freight Institute (AFI) of FIATA shall conduct a conducive platform highlighting the opportunities and challenges in the air cargo industry across the globe at the FIATA World Congress (FWC) 2018. The session will be moderated by veteran air cargo personality Snehal Parikh, Managing Director, Lemuir Group. Panel speakers shall include Vandana Aggarwal, Economic Advisor, Ministry of Civil Aviation, Government of India; Kirsten De Bruijn, VC, Cargo Pricing and Interline-Revenue Operations, Emirates SkyCargo; Ashwin Bhat, Head Swiss WorldCargo; Andrea Gruber, Head – Special Cargo, IATA and Bill Gottlieb, Past President, FIATA. Andrea will provide insight on the information on the latest development in the framework of transport of temperature sensitive healthcare and pharmaceutical products, how the industry is responding to the CEIV Pharma Certification programme, the next key industry priorities and future developments in the airfreight industry.

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DCCAA hosts FWC 2018 roadshow in Delhi

Delhi Customs Clearing Agents Association (DCCAA) recently held a roadshow in Delhi to promote ‘FIATA World Congress 2018 (FWC-2018)’ and interact with leading customs brokers, freight forwarders and logistics company representatives that are expected to participate in the mega event. FWC-2018 is scheduled to take place from September 26-29 at Pullman & Novotel New Delhi Aerocity.

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