Category Archives: Shipping

CMA CGM unveils container return incentive programme

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.”

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DP World Cochin achieves highest vessel productivity record

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.”

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Opening day of Maritime Transport & Shipping India Expo witness huge rush

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.

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Aeroprime Group bags Fastest Growing Cargo GSA Award at India Cargo Awards

Aeroprime Group was conferred with the Fastest Growing Cargo GSA Award at the recently held India Cargo Awards, the country’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. Abhishek Goyal, Executive Director said, “Thank you for honouring me at this prestigious event. We have learned to value our teams and resources during the pandemic. Worldwide, the focus has shifted to rules and regulations, hygiene, and strict cancellation policies, which we must be aware of from an operations standpoint. There are so many considerations and information required than ever before that the teams must work with. As the world is opening up again, we need the agility and experience of our staff to work effectively.”

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ShipBuild India Expo Summit 2022 to begin today in Mumbai

India’s first virtual shipping and marine exhibition titled, ‘ShipBuild India Expo Summit 2022’ is all set to kick-start in Mumbai from May 11 to 13, 2022 at the Bombay Exhibition Centre, Goregaon East, Mumbai, India. Powered by Blue Economy Event Series, an Oceantrade Media’s intellectual property, the inaugural edition of ShipBuild India Expo Summit 2022 shall provide the Indian Maritime sector an integrated platform for both live business networking opportunities as well as future technological knowledge summits. The event will provide an opportunity to the Indian and International manufacturers, suppliers, technology and systems integrators and service providers to come together under one roof to discuss potential business opportunities and new partnerships.

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Maritime Transport & Shipping Expo 2022 to kick-start in Mumbai

Maritime Transport & Shipping India Expo 2022 Global Maritime Logistics and Shipping business networking exhibition and conference will begin in Mumbai on May 11-13, 2022. The event which will take place at Bombay Exhibition Centre, Goregaon East is supported by Union Ministry of Ports, Shipping and Waterways, Indian Ports’ Association, Inland Waterways Authority of India, and Federation of Indian Exports’ Organisation. The inaugural edition of Maritime Transport & Shipping India Expo 2022 shall provide global maritime logistics, cargo, freight, material handling, supply chain, coastal shipping industry and inland waterways an integrated platform for both live business networking opportunities and future technological knowledge summits.

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Cochin Shipyard to invest Rs 50 cr in maritime startups: Sonowal

engaged in the maritime sector, announced Sarbananda Sonowal, the Union Minister for Ports, Shipping, and Waterways. The Union minister also unveiled the startup engagement framework of CSL on the inauguration of its Golden Jubilee celebrations. The startup framework is envisaged to augment the Government of India’s initiatives to develop an ecosystem in India for supporting the maritime startups from technical, regulatory, financial, and marketing points of view by bringing the stakeholders together, read an official statement. The framework is likely to provide a platform for young and talented entrepreneurs to develop the products/services in the marine space with financial support provided by CSL.

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Maritime Transport & Shipping Expo 2022 to kick-start in Mumbai

Maritime Transport & Shipping India Expo 2022, Global Maritime Logistics and Shipping business networking exhibition and conference, will begin in Mumbai on May 11-13 2022. The event which will take place at Bombay Exhibition Centre, Goregaon East is supported by Union Ministry of Ports, Shipping and Waterways, Indian Ports’ Association, Inland Waterways Authority of India and Federation of Indian Exports’ Organisation. The inaugural edition of Maritime Transport & Shipping India Expo 2022 shall provide global maritime logistics, cargo, freight, material handling, supply chain, coastal shipping industry and inland waterways an integrated platform for both live business networking opportunities and future technological knowledge summits.

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APM Terminals Pipavav secures Jade Express

APM Terminals Pipavav has commenced a new service ‘Jade Express’ mainly for transhipment cargo. The weekly service, introduced by Maersk, will connect Port Pipavav to Port Qasim. Jade Express connects Pipavav perfectly in time for the MECL service (west bound for the North America) and provides same day connectivity on the FI3 service (for the far east). The first vessel M.V. IRENES RAY -215S was berthed at Pipavav in March bringing in enhanced connectivity to our customers from Rajasthan, Gujarat, New Delhi, and Punjab. The new service is a testimony to port infrastructure and services that is a preferred gateway to Indian Northwest.

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Indian maritime leaders to participate in Sea Tech Week® 2022, France

Embassy of France in India is delighted to announce that India has been chosen as the country of honour for the upcoming Sea Tech Week® 2022, a global maritime event organised in France from 26-30 September 2022. Speakers from India have been invited to focus on greener and smarter shipping. The event will provide an opportunity to the two nations to work closely on their shipping, port management, logistics, and shipbreaking companies, shipyards, equipment manufacturers, and other maritime manufacturing industries. The event will give impetus to the bilateral roadmap on blue economy and ocean governance adopted by India and France and reinforce the scientific and academic programme Goa Atlantic Cooperation in Marine Science and Technology (GoAT) promoting mobility of students and researchers from Indian Institute of Technology in Goa.

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