Category Archives: Shipping

Maersk has completed the acquisition of global freight forwarding company, Senator International. According to a company statement, “Senator brings with it a strong organisation and a well-developed airfreight network comprising own controlled flights and long-term partnerships with best-in-class airlines, a well-established full container load (FCL) and less than container load (LCL) network and specialised services such packaging, warehousing and distribution across five continents.” The acquisition will enable Maersk to offer an even wider range of products and the ability to provide flexible and integrated logistics solutions to customers, allowing them to speed up or slow down cargo depending on their changing supply chain needs, the statement added. Vincent Clerc, CEO of Ocean & Logistics, A.P. Moller-Maersk said, “We are delighted to welcome the Senator team to our Maersk family. As a global provider of integrated logistics, we are improving our ability to provide end-to-end solutions to our customers. With Senator on board, we are ramping up our air freight capacity, network, and know-how significantly to cater even better for our customers.”

Port-led development in the country has taken place under Sagarmala project in a big way, said Sarbananda Sonowal, Union Minister for Port and Shipping, while addressing the media recently. Sonowal added that the project will be the growth engine for the ports, especially major ports in the country. The project was taken up for fast development in the country. The minister said the government has spent Rs 99,000 crore for the project and took up 215 projects under Sagarmala. He said the projects are likely to be completed by 2035. “All the major ports have been performing well and the cargo handling has reached to 105 million tonnes at present, Modernization had been taken up in all the major ports and using latest technology to provide best facilities for the port users,” Sonowal said.

According to a recent survey titled xChange Industry Pulse Survey released by the Container xChange, a marketplace and technology infrastructure provider for container logistics companies, 51 per cent of freight forwarders, traders and shippers expect chaos in the coming peak season in summer as compared to that in 2021. The survey found that this year’s summer peak season cargo surge will be worse, exceeding the disruptions caused in the peak season of 2021. Twenty-six per cent predicted this year’s peak season would be less chaotic than in 2021, while 22 per cent expected the level of chaos to be the same, stated the survey.

In line with the objective of Port-led industrialization, Jawaharlal Nehru Port Authority (JNPA) organized ‘JNPA SEZ Investor Conclave 2022’ in association with the CII in Mumbai on 27 May 2022, to propose ample opportunities to investors to invest in the India’s growth story and be a part of country’s growing port-led economy. This multi-product SEZ project is being developed on 277.38 hectares of freehold land by JN port, incorporating the Land Use Plan of the Port. This industrial hub is India’s first port-based multi-product operational SEZ. Sanjay Sethi, chairman, JNPA, said, “JNPA is set to strengthen its growth aspects in the port-led business with this SEZ project that offers varied facilities from single-window clearances to multi-modal connectivity and state of the art infrastructure, making it an ideal choice to establish businesses and boost export-oriented industries in India.”

To focus on the development of ship-to-shore infrastructure at Singapore’s only multi-purpose cargo port, Jurong Port, Advanced Air Mobility (AAM) infrastructure developer and operator of drone delivery services, Skyports, and Jurong Port have signed a Memorandum of Understanding (MoU). It is a vital step forward in the development of large-scale drone delivery operations in Singapore. The MoU will highlight Skyports’ global experience in developing take-off and landing infrastructure for cargo drone deliveries to probe how drone delivery technology may be incorporated into Singapore’s Jurong Port’s existing logistics and cargo ops.

Enabling an easy access to the key markets between Southern Africa and the Middle East via Maputo, DP World’s Unifeeder, part of DP World’s Marine Services, launched a new fortnightly direct service at the Mundra terminal. It will establish a direct connectivity from Mundra to Maputo and Jebel Ali. According to an official release, “This new service will help reduce the congestion and challenges faced by the supply chain sectors in Southern Africa by providing lower transit time, easy access and enhanced connectivity with major Middle East, and Indian Subcontinent ports via Jebel Ali thereby improving lead time and reducing cost.” The new fortnightly interconnected service commenced on 7 May 2022, with the maiden call of vessel ‘OCEANA’ at DP World Mundra.

To boost global maritime transport, Singtel launches iSHIP, an all-in-one platform providing critical satellite-enabled connectivity and digital services for the maritime industry. iSHIP’s integrated services for fleet management gives ship operators great visibility and flexibility of their resources and operations and enables better vessel safety and operational efficiency. Ooi Seng Keat, VP, Carrier Services, Over-the-Top & Satellite, Group Enterprise, Singtel said, “Seas are our mode of global trade and transport. But the COVID-19 has thrown global supply chains and shipping operations in a disarray, driving crews accustomed to traditional or manual processing methods to navigate digital resources and applications. iSHIP has been designed to redress these particular challenges and give a solution for shipping firms that are giving pace to digital adoption and have decarbonisation and crew welfare high on their agenda.”

To improve supply chain performance, CMA CGM has launched an industry first early container return incentive programme at the FMS terminal in Los Angeles and at its return locations in Dallas, Chicago, Memphis, and Kansas City. The 60-day incentive programme started on 16 May 2022 will continue until July 15 2022. “It will assist in putting back 43,000 dry containers into circulation within four days of pick-up. Clients are expected to receive a $300 credit per dry container returned to eligible locations during calendar days one to four. Followed by a calculation of incentive credits, which will be carried out on a weekly basis with a credit memo issued every 14 days to each applicable importer,” said a company release. Ed Aldridge, President, CMA CGM and APL North America, said, “We are committed to doing everything to increase the fluidity and velocity of America’s supply chain. Our new programme will result in an incentive credit for our importers, improve equipment availability for our exporters and expedite the flow of goods into and out of America’s heartland.”

Since its inception, DP World, Cochin posted the highest ever vessel productivity at 150 moves per hour on the MV TCI Anand (Container Ship that was built in 2003) on March 23, 2022, surpassing 137 moves achieved in July 2019. “Clocking record transhipment volumes of over 1.50 lakh TEUS in 2021, DP World Cochin maintained its first position among South Indian terminals in April 2022 with a volume of 66,000 TEUs,” said a company release. Praveen Thomas Joseph, CEO, DP World Cochin, said, “2021 was a great year for DP World Cochin. Our focus on improving productivity and improving customer relations with active support from Cochin Port Trust has made Cochin a destination for international shipping liners. The WIS service, and the ISG Service connecting Cochin to the Middle East and the East Coast of India has helped achieve volume growth, especially in transhipment. We continue to dedicate our efforts to helping our customers navigate the increased complexities in the current global supply chain eco-system.”

The inaugural day of the ShipBuild India Expo Summit 2022 and Maritime Transport & Shipping India Expo 2022 in Mumbai witnessed 100 exhibitors from across the country. Shripad Naik, Union Minister of State for Ports, Shipping and Waterways shared his welcome message via a recorded video. Shantanu Bhadkamkar, MD, ATC Global Logistics, Immediate Past President – Association of Multimodal Transport Operators of India (AMTOI) Chairman of Technical Advisory Board, said, “This event was conceived two years ago and we had thought it would take place in some months. As pandemic hit us, we were not sure if we would be able to hold it at all for a long time. Congratulations to the team at Ocean Trade Media for a successful show. There is a need to encourage the maritime sector in India.” Ali Patankar, Director, Ocean Trade Media said, “We thank all 125 companies taking part. We started this venture over a year ago on the lines of Atmanirbhar Bharat. In the years to come, we will cover more maritime segments such as marine tourism, ocean energy, safety security and surveillance and others.” Arun Sharma, Executive Chairman, IRClass; Ashish Pednekar, Chairman, Federation of Customs Brokers’ Association of India; Cmde Hemant Khatri, CMD of Hindustan Shipyard were also present.