kalllppaanaaa

ACFI elects new governing board members for 2016-18

In the 4th Annual General Meeting of Air Cargo Forum India (ACFI), the association members have elected ACFI’s governing board members for 2016-18. ACFI is committed to develop the air cargo industry by engaging itself proactively with government and other regulatory agencies for simplifying and streamlining procedures and enhancing the level of ease of doing business in India. Tushar K Jani, Chairman, Cargo Service Center is the President, Cyrus Katgara, Partner, Jeena & Company as Vice President, Yashpal Sharma, Director, Skyways Air Services as Hon. Secretary and Ramesh Mamidala, CEO, Celebi Delhi Cargo Terminal Management India as Hon. Treasurer. Following are the members of the board: Neera Rawat, ED Cargo, Airports Authority of India (AAI) Abhay Pathak, ED Cargo, Air India (AI) Vipin Kumar Mohla, Director Cargo Sales & Operation, InterGlobe Aviation S. Subramanian, Sr Vice President & Managing Director, DHL Express Arun Kumar, Managing Director, Ensynergy Supply Chain Solution

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Air traffic maintains robust growth momentum in June 2016: ICRA

The air cargo traffic reported healthy y-o-y growth of 9 per cent in June 2016 as against 7 per cent y-o-y growth in May 2016. Harsh Jagnani, Vice President, ICRA, explains, “Though June marks the onset of lean season for passenger movement, the movement in cargo is more aligned to the level of economic activity in the country rather than the season. Given some uptick in economic activities in the country over recent months, growth in cargo traffic has remained robust. Also, the growth has been noticed in most of the top 20 airports in the country again highlighting the uniformity.” International cargo traffic, which constitutes over 60 per cent of overall cargo traffic, reported better growth rate than domestic cargo traffic. International cargo reported y-o-y growth of 10 per cent as against 8 per cent for domestic cargo.

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Manoj Singh awarded the DDP Game Changer

The esteemed ‘DDP Game Changer’ award went to Manoj Singh, Senior Vice President & Head – Cargo (Mumbai International Airport Pvt Ltd – MIAL).  Singh has an affluent experience in the aviation industry and also being responsible for overall cargo business operation and cargo project development of MIAL as per the master plan. He is associated with the airport for the last five years.

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Shantanu Bhadkamkar joins Gallery of Legends

Shantanu Bhadkamkar, Chairman, International Federation of Customs Brokers Association, was awarded with the prestigious ‘Gallery of Legends’ award. With his rich experience in the industry he held several positions in many national and international trade associations and chambers, be it,  Maharashtra Chamber of Commerce, Industry & Agriculture, China International Logistics Professional Network, FIATA Multimodal Transport Institute WG SEA, to name a few.. He is also the manufacturer of rotationally moulded products too.

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2nd India Cargo Awards (West & South) in Pune

The second edition of the India Cargo Awards – West & South commemorated the accomplishments of the cargo industry of West & South India at Novotel Pune Nagar Road, on August 3.  Ajay Kumar, Director, Pune International Airport, was the Chief Guest for this distinguished evening. The ceremony saw the august presence of Saudamini Naik, Gladrags Mrs India, and the leaders of the cargo industry. India Cargo Awards honoured the real runners of the industry. The 42 winners were chosen after a fair and unbiased selection process which includes an online voting platform.

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Logistics has opportunities for start-ups: Rajesh Yabaji

“Logistics industry has huge scope of becoming more effective which signals opportunities for many entrepreneurs, multiple investments. For the infrastructure to improve we need some inorganic pushes for this industry. Although the government continues to focus on building right quality infrastructure for this industry, private logistics players have to contribute to this journey. Imagining a world of seamless logistics and then jointly working with the government to get this implemented is important. As we continue to see this trend on logistics companies making inroads into various spaces within logistics, more and more consolidation of this space would happen. Logistics is all about optimised networks for transportation and warehousing and scale indeed plays a critical role in bringing optimisation into play. The entire eco-system of logistics is very elementary in our country. The logistics start-ups have been trying to solve these issues from a very fresh perspective,” says, Rajesh Yabaji, Co-Founder, BlackBuck while commenting on the start-ups in the logistics sector.

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India and US to enhance cooperation in maritime sector

India and the United States have agreed to deepen the scope of cooperation in the maritime sector with the American ports evincing keen interest in comprehensive port-led development, especially the ambitious Sagarmala programme. The 150 projects under this programme have the potential to mobilise $50-60 billion of infrastructure investment and another US$ 100 billion of investment for promoting industrial growth. The Shipping Minister outlined the regulatory assistance which the Narendra Modi government has offered to the maritime sector, including grant of infrastructure status to shipyards, supportive domestic eligibility criteria for Indian shipyards for assured ship repair orders, service tax exemption on ship repair service for foreign going vessels, setting up of ship repairing business immediately without any approval from director generals.

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Transparent process with SWIFT to reduce transaction cost

“The process and the requirement of imports are now transparent; therefore the importers would call for the authentic documents from the supplier to fill up the various requirements from the Single Window point of view. This also enables the industry to reduce their transaction cost once the details are given as per the requirement of SWIFT and no further queries raised on the PGA front. This also helps the Customs to view the import more rationally and clear quickly,” says, S Ramakrishna, CMD, Balaji Mariline.

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CONCOR and CWCNSL sign MoU to facilitate trade

Container Corporation of India (CONCOR) and Continental Warehousing Corporation (Nhava Sheva) (CWCNSL) have signed an agreement where CONCOR rakes have been provided exclusive access at the three rail connected terminals of CWCNSL at Panipat, Lakhwada and Thimmapur. The synergies between the companies are likely to give a much needed boost to the movement of both exim and domestic containerised cargo by rail in the catchment areas of these three terminals. With this agreement, trade will derive huge benefit from reduced first and last mile connectivity costs as well as from 24×7 access to these terminals.  Moreover, the transaction cost of imports and exports is likely to come down once the operations start.

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