Category Archives: Shipping

Chowgule Brothers handles largest cargo ship, carrying 87,529 tonnes, at Vizag Port

Chowgule Brothers has announced the successful management of W Oslo, the largest cargo ship to be handled at the inner harbour of Visakhapatnam port. The vessel’s entry to the port was orchestrated by Chowgule Brothers in close association with the Vizag port, thereby establishing its expertise in handling cargo as well as charters of all sizes. Port of Visakhapatnam has created a new record by handling the said vessel. The Merchant vessel W. OSLO was carrying 87,529 tonnes of Steam Coal from Richards Bay, South Africa for M/s Sarda Metal and Alloys, Sarda Energy Minerals for discharging at Visakhapatnam Port. The port agency for the entire shipment was Chowgule Brothers Private Limited. The vessel is expected to sail from the port on December 7, 2020. The receiver of the cargo, Sharda Metals approached Chowgule Brothers to be their shipping agency for the large vessel with coal from South Africa. The specific requirement was to enable the movement of the gigantic ship into the inner harbour at Visakhapatnam port. Chowgule Brothers worked with the port authorities in the smooth berthing of the vessel with a beam measuring 38 meters that is almost twice the size of two lawn tennis courts. Commenting on this achievement, Aditya Chowgule, Director, Chowgule Brothers, said, “The entire exercise of enabling the berthing of W Oslo at Visakhapatnam Port is an example of Chowgule Brothers belief in adding value and going the extra mile for making the client’s requirement possible. We are thankful to the Vizag port authorities for helping us in this very challenging execution. The successful completion of this project has driven us to set the bar higher when it comes to delivering logistical solutions …

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In November, exports shows negative growth of 9%: President, FIEO

Responding to November 2020 export figures, Sharad Kumar Saraf, President, FIEO, said that the monthly exports have shown a single-digit negative growth of 9.07 per cent with US$ 25.77 billion due to supply side disruptions including restricted container movement and declining petroleum exports due to its crashing prices. Besides, farmers’ agitations in some of the hinterland states have also affected exports during the month. Exports have been seeing sign of revival as order booking position has continuously improved and more new orders are in the offing. Saraf reiterated that the forecast of the arrival of the Covid-19 pandemic vaccine along with gradual lifting of lockdown across the country and the globe has also helped in boosting the business sentiments for the sector as a whole, which can be expected to be seen from the positive figures of the upcoming months. “Going by this trend, we expect to end the financial 2020-21 with an overall merchandise exports of about US$ 290 billion,” he adds. Exporters have continuously been receiving a lot of enquiries and orders further adding to the positive sentiments with signals of further resilience in the global supply chain. However, the litmus test for the traditional sectors of our exports would be the Christmas and New Year sale. If that goes well, the inventory will be liquidated, adding to further demand, observed Saraf. FIEO Chief said that the exports of other cereals along with oil meals, iron-ore, rice, ceramic products and glassware, handicrafts excluding hand-made carpet, cereal preparations and miscellaneous processed item, carpet, jute mfg. including floor covering, spices, drugs and pharmaceuticals, tobacco, cotton yarn/fabrics/made-ups, handloom products etc., fruits and vegetables, tea, gems and jewellery, mica, coal and other …

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GEODIS aims for 25% of its leadership positions to be held by women by 2023, changing an out-dated image of a sector dominated by men

GEODIS has structured its internal network of women and its mission is to give GEODIS employees opportunities to express themselves, to propose, initiate or relay actions that positively contribute to gender parity and to the assumption of responsibilities of women. The network also intends to act on the reputation of the logistics and transport industry, a traditionally male sector, in order to change its image and attract more women. The company has held its annual summit of the ‘GEODIS Women Network’ (GWN). “We want to continue the action taken and give women the means to access key positions. Our goal is to increase the number of women in managerial positions”, indicates, Mario Ceccon, Human Resources Director of the GEODIS group. “13% in 2017, they are now 18% women in management positions. We have set ourselves the objective of reaching 25% by 2023.” The GWN works for inclusion, reduction of professional disparities between men and women, improved work-life balance and equal career prospects. “With a President at its head, GEODIS is already sending a strong signal showing the access by women to positions of responsibility” indicates Mario Ceccon. Over the next 3 years, the GWN will focus its actions on the following various objectives: • Study and harmonization of possible pay gaps, • The establishment of a leadership program aimed at empowering women, • The development of the recruitment and representation of women in the transport and logistics industry. Attract more women to the Logistics & Transport sector The other objective of the network is to deconstruct the image of the sector by acting in favour of actions aimed at encouraging women to join the logistics and transport professions. “We encourage …

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TIFFA EDI join hands with Kale Logistics Solutions to digitise the maritime sector, bringing Kale’s CODEX maritime e-DO platform to Thailand

TIFFA EDI Services and Kale Logistics Solutions have joined hands to promote paperless trade in the maritime sector of Thailand through their integrated and comprehensive Port Community System (PCS). The integrated platform empowers the SME players in the value chain to automate their internal business processes in an end-to-end manner. Kerry Siam Seaport, SITC Container Lines and Kline Logistics, have signed up this platform for e-DO services and many more are in the process of signing up. Talking about the development, Vineet Malhotra, Director, Kale Logistics Solutions, says, “Our relationship with Thailand and TIFFA is more than 7 years. We have empowered the air cargo sector with digitisation of air waybills and now we look at digitising the maritime sector. Our domain expertise and experience of working in 27 countries and executing global IT projects in maritime and air cargo space will add value to our PCS platform in Thailand. He further adds, “We are hopeful that this digital platform will play a key role in improving Thailand’s Logistics Performance Index (LPI) ranking with World Bank and Trade Facilitation Agreement initiatives with World Trade Organization (WTO)”. Expressing their delight over the development, Suwit Ratanachinda, Chairman, TIFFA EDI Services says, “We are offering this solution to ease all stakeholders with this challenging situation of risk from the COVID-19. The old-style Delivery Orders (DO) process which takes time and paper-intensive operations are prone to errors and increased the spread of virus through document exchange. The initiative of e-DO service is to facilitate ease of doing business to freight forwarders, shipping lines, transporters, terminal operators and Port authorities. This solution offers an open integrated platform connecting all cargo stakeholders on single platform for …

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Ministry of Ports, Shipping & Waterways issues Draft Merchant Shipping Bill 2020, aims to repeal and replace the Merchant Shipping Act, 1958

Ministry of Ports, Shipping and Waterways has issued a draft of the Merchant Shipping Bill, 2020 for public consultation. It aims to repeal and replace the Merchant Shipping Act, 1958 (Act No. 44 of 1958) and the Coasting Vessels Act, 1838 (Act No. 19 of 1838). The Merchant Shipping Bill, 2020 has been drafted with the primary aim of promoting the growth of the Indian shipping industry by incorporating the best practices adopted by other advanced countries like the U.S., Japan, U.K., Singapore and Australia. All up-to-date IMO Conventions/protocols, to which India is a party, have been adopted in it. Adequate provisions are incorporated to ensure the safety and security of vessels, safety of life at sea, prevent marine pollution, provide for maritime liabilities and compensations, and ensure comprehensive adoption of India’s obligations under International Conventions. The envisioned advantages of the Merchant Shipping Bill, 2020 are following: • Promoting ease of doing business- The Bill does away with requirement of general trading license for Indian vessels • Embracing digital technology- It enables electronic means of registration, and grants statutory recognition to electronic agreements, records, and log books, in addition to electronic licenses, certificates and payments. • Increasing tonnage and Vessel as a Tradable Asset-The Bill seeks to increase India’s tonnage by widening the eligibility criteria for ownership of vessels and providing for the registration of bareboat charter cum demise, thereby increasing opportunities for international trade. • India as a Bankable Shipping Jurisdiction & avoidance of situations leading to wreck -The proposed Bill seeks to introduce for the first-time statutory framework for regulating maritime emergency response against maritime incidents. The provisions seek to provide for time effective implementation of response mechanisms …

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APSEZ ranks 14th on global transportation of Dow Jones Sustainability Emerging Markets Index 2020, ranked in the top 20 of every dimension of 3 criteria

Adani Port & Special Economic Zones (APSEZ) has ranked 14th in the global transportation and transportation infrastructure sector and is the only company from India to have been included in this sector. This initiates the presence of APSEZ on the DJSI Emerging Markets Index, one of the most sought-after sustainability indices in the world that represents the top 10 per cent of the largest 800 companies within the world’s 20 emerging markets and is based on long-term Environment, Social and Economic, and Governance criteria. As part of a stringent DJSI rating process all responses by APSEZ were substantiated with internal documentation and real-life examples and audited by an independent third party to verify the accuracy of the information provided. APSEZ was ranked in the top 20 of every single dimension of the three criteria. In all, just 11 Indian companies made it to the DJSI Emerging Markets Index this year. Karan Adani, Chief Executive Officer and Whole Time Director, APSEZ comments “We are pleased to make an entry into the DJSI Index. As the largest multi-port operator and logistics player in one of the fastest growing markets in the world we recognize the complexity that we are confronted with and therefore being able to achieve this high ranking on our debut into the DJSI Index comes as a shot in the arm for us as well as validates our accountability to our investors, customers, and employees. While our Environment, Social and Economic, and Governance criteria scores are a strong validation that we are on the right path, we really see this as just one point along a more ambitious journey we have embarked on to demonstrate our absolute commitment to …

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Jebel Ali Free Zone introduces ECI’s tailored solutions to establish the UAE as a preferred global hub for exports

Jebel Ali Free Zone (Jafza), DP World and Etihad Credit Insurance has showcased innovative trade credit and export financing solutions in a joint webinar. During a well-attended webinar titled, ‘Etihad Credit Insurance Collaboration: Trade with Protection’, Jafza-based companies were given a walk-through of ECI’s solutions as part of the Free Zone’s drive to ensure the growth of businesses, while lowering the cost of export, by reducing the risk of non-payments, and funding, by lowering banking pre and post-shipment funding in the current unprecedented economic climate Jafza has introduced ECI’s tailored solutions to support UAE-based businesses and increase trade by providing them with protection against commercial and non-commercial risks. More than 8,000 companies in the free zone are set to directly benefit from the strategic collaboration of Jafza and ECI, giving export businesses a major boost and a competitive edge in the regional and global markets. Jafza believes that Etihad Credit Insurance’s range of export credit, financing and investment insurance products will directly benefit Jafza’s customers, particularly the SMEs. The partnership will be a game-changer for the export of goods and services because ECI’s support increases cash flow, enables trade and contributes towards sustaining growth even as the markets recover. The shared objectives of ECI and Jafza represent the vision of the leadership to establish the UAE as a preferred global hub for exports. The Free Zone is working closely with ECI to take this partnership forward and reinforce their commitment to business continuity with confidence. In addition, ECI has issued more than 1,600 revolving credit guarantees for a total exposure amount of AED1.2 billion in the first half of 2020, which is equivalent to AED4 billion guaranteed non-oil trade coverage. …

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Pipavav cuts terminal handling charges for empty containers by 25%, effective till December 31. 2020

APM Terminals Pipavav has announced that the port has reduced terminal handling charges for empty containers by a quarter to help the exporters, facing container shortage for overseas shipments. The charges have been revised downward from November 16 and will remain in effect till December 31, 2020. The move is aimed at supporting exporters in getting easy access to empty containers and reducing the waiting period. APM Terminals Pipavav is taking efforts to facilitate trade and help in reviving the economy amid a considerable imbalance in trade due to severe shortage of containers for exporters. “The Port has reduced the terminal handling charges for empty containers by 25 per cent to enable the exporters who are adversely impacted by the shortage of empty containers due to significant fall in imports,” APM Pipavav Terminals said. The reduction for handling charges on the tariff is effective for vessels sailing from November 16 to December 31. “Looking at the trade cycle adversely affected by the shortage of containers, we decided to assist the trade through a reduction in handling charges of empty containers. I hope this will support exporters in getting easy access to empty containers and reduce the waiting period, thereby addressing the critical issue of container shortage,” said Jakob Friis Sorensen, Managing Director, APM Terminals Pipavav. India’s exports during April-October period of the current financial year fell 19 per cent to US$ 150.14 billion, while imports declined 36.3 per cent to US$ 182.29 billion, citing data from the Ministry of Commerce and Industry. The country is facing a shortage of containers for exports as the containers that come in as imports are shipped out for exports, APM Pipavav Terminals said, adding …

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Boxco Logistics successfully handles 9 heavy lift packages of IOCL MEG project at Paradip Port

Boxco Logistics along with Allcargo Logistics has successfully executed the first shipment of the IOCL MEG Project at Paradip for L&T Hydrocarbon Engineering (LTHE) who were the EPC contractors for IOCL. The shipment had nine heavy lift packages which were received safely on Boxco’s self-propelled modular trailers. The dimensions of the packages meant that certain modifications were required to be made to PICT which was carried out by Boxco. In addition, other civil modifications were also carried out enroute to the IOCL Site. The major challenge in transporting these packages was the route which passed through a live refinery road, which, was not strong enough for handling packages of this size. Boxco conducted a number of surveys and meetings with IOCL and LTHE personnel with the intention of finding a solution wherein the modification en route had to be minimised and the refinery also continued functioning without any shutdowns. There was another challenge for modification in the port itself for taking out these packages, we convinced the customs and took the permission for breaking the port wall and also made the slope to match the level difference between the port road inside the terminal and outside the road. Boxco made almost 27 major modifications en route to deliver this cargo. Boxco Logistics added this to a long list of complicated movements done in Paradip over the past 20 years. This contract also further strengthened the position of PICT as the terminal in Paradip for heavy lifts and over dimensional cargo the terminal has a strategic advantage because of its location. The state-of-the-art infrastructure makes it a terminal of choice for this type of cargo. The second shipment of this project …

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Shankar Shinde elected as the MD of IFCBA, underlining the importance of FFFAI and India in international logistics business

Shankar Shinde, Chairman Elect, Federation of Freight Forwarders Associations in India (FFFAI) has been elected unanimously as Managing Director of the International Federation of Customs Brokers Association (IFCBA). IFCBA enjoys the status of Private Sector Consultative Group (PSCG) representation on World Customs Organisation (WCO).The election of Shinde in IFCBA’s crucial position once again underscores the growing importance of FFFAI and India at large in the international Logistics & Customs Brokers business. Having more than 30 years of experience in Logistics and Customs Broking industry Shinde is very well-known for his huge contribution to the entire industry. Apart from FFFAI and IFCBA, he has also been associated with various industry associations including Nashik Customs House Agents Association as President, International Federation of Freight Forwarders Associations (FIATA) as FFFAI nominated representative, Brihanmumbai Customs Brokers Association, Maharashtra Chamber of Commerce & Agriculture, etc. In addition, from FFFAI Shinde is spearheading the International North South Transport Corridor (INSTC) project collaborating with the Government of India. “The international trade community depends on the work done by Customs Brokers and IFCBA serves Customs Brokers by keeping them at the centre of the international trading system. It is IFCBA’s mission to promote the value and use of Customs Brokers worldwide,” emphasized Shinde while commenting on the importance of IFCBA. IFCBA works to bring about improvements in Customs policies and best practices on a global basis. These improvements benefit both Customs and Customs Brokers for achieving transparency in trade facilitation measures, brainstorming towards innovation for recommendation of seamless cross border customs processes and standardization with use of technology in achieving paperless transaction.

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