Saturday, August 3, 2019

PSA’s Bharat Mumbai Container Terminals achieves new productivity record – VR 210 moves per hour on APL Korea

NAVI MUMBAI: Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA International Pte Ltd, has achieved a new vessel productivity record rate of 210 moves per hour for the CMA CGM vessel “APL Korea” on 29th July 2019.
This surpasses its previous vessel productivity record rate of 196 moves per hour on the vessel “COSCO Thailand”, set just a week before.
BMCT completed operations on “APL Korea” in less than 7 hours, making 1,434 moves to handle 2099 TEUs. The productivity record was achieved under monsoon weather conditions, and included the discharge of some uncontainerised breakbulk cargoes.
Mr Sivakumar K, Managing Director, BMCT, said: “The back to back achievements of the BMCT team in raising our productivity benchmark first to 196 moves per hour, and then to 210 moves per hour shows our drive to deliver ever higher service levels to our customers. We would like to thank our staff and service providers for their dedication and efforts in making this possible, as well as our customers for their confidence and support in continuing to grow alongside BMCT.”
Mr Aniruddha Lele, Head India Operations & Cargo Flow, CMA CGM India, said: “It is extremely satisfying to know that BMCT has done it once again.” He congratulated the BMCT team and credited the well-coordinated teamwork in achieving the splendid performance on its CIMEX 2K2 service vessel.
He mentioned that with the new maritime regulations and cost management initiatives within the shipping industry, vessel turnaround time would be a key criteria in the selection of terminals to call at.
Mr Mike Formoso, Managing Director, PSA India, saluted the close working relationship between the CMA CGM and BMCT teams. He said: “May I congratulate BMCT on the latest in a series of achievements and thank CMA CGM for their teamwork, support and close coordination.
“This week has also seen another achievement in the signing of a new Inter Terminal Rail Handling Operation (ITRHO) Agreement which will provide a boost to rail volumes at Jawaharlal Nehru Port Trust (JNPT) and improve the Port’s overall competitiveness. I wish to express our thanks to JNPT and the Ministry of Shipping for their interventions to bring this agreement to fruition.”
BMCT is currently the largest standalone terminal in India. Supported by state-of-the-art marine and rail infrastructure, BMCT has added a further capacity of 2.4 million TEUs to the bustling Jawaharlal Nehru Port in Nhava Sheva.

Sharda Prasad, Advisor Sagarmala, visits Allcargo Logistics Pradhan Mantri Kaushal Kendra JNPT Centre

auds Allcargo Logistics’ efforts to build skill competencies of youth for logistics sector

Mr Sharda Prasad, Advisor Sagarmala Project, Ministry of Shipping, visited the Allcargo Logistics Pradhan Mantri Kaushal Kendra (PMKK) at JNPT on July 30, 2019. He praised the efforts of Allcargo Logistics in conducting skill development programmes for underprivileged youth and boosting their employability opportunities in India’s rapidly expanding logistics sector.

Mr Prasad, during his visit to the Allcargo Multi Skill Development Centre at Bokadvira, Uran, also flagged off the new Pradhan Mantri Kaushal Kendra  batch of Consignment Tracking executives, graced the convocation ceremony of two passed-out batches and felicitated working students. Among the other dignitaries present at the occasion were Ms Manisha Jadhav, Manager, Personnel and Industrial Relations, JNPT, Mr Brijmohan Raturi, Assistant Manager HR, JNPT, Mr Suhas Mangle, Assistant Engineer, CIDCO, Dronagiri, Dr Nilratan Shende, DGM CSR, Allcargo, and Mr Chandrakant Patil, Manager, Skill Development. The dignitaries also visited all the facilities at the centre, such as classroom, reception, counselling room, placement cell, training laboratories, smart labs, pantry, kitchen, etc., said a release.

“The logistics sector will play a key role in positioning India as a $ 3-trillion economy over the next 5 years. Trained personnel with sector-specific skills will play a key role in sustaining the exponential growth of Indian logistics.  Allcargo Logistics is playing a commendable role in raising the skill quotient of underprivileged youth by conducting structured training programmes and learning courses under the PMKK initiative. I would like to urge the students to pursue such courses and grab the employment opportunities available in this sector,” said Mr Sharda Prasad.

“Allcargo remains committed to making Indian logistics a skill-driven industry. We aim to bolster the job prospects of the youth by providing them industry-specific training and building skill proficiencies across key functional areas of the supply chain,” stated Dr Nilratan Shende, DGM CSR, Allcargo. 

JNPT and CIDCO signed a MoU with Allcargo Logistics in November 2018 for skilling youth in logistics and allied sectors. The Allcargo Multi Skill Development Centre imparts skill training in six logistics courses such as Heavy Vehicle Driver, Consignment Booking Assistant, Consignment Tracking Executive, Documentation Assistant, Inventory Clerk and Warehouse Picker, the release highlighted.

Tuesday, July 9, 2019

US Proposes retaliatory tariffs on another $4 bn of EU goods.

US Proposes retaliatory tariffs on another $4 bn of EU goods.

WASHINGTON July 8 .

The US Trade Representatives (USTR) office has published a list of $4 billion worth of EU goods the US could hit with duties as retaliation for European aircraft subsides. The product range from cherries to meat, cheese, olives and pasta, along with some types of whiskey and cast-iron tubes and pipes. It adds to a list of EU products valued at $21 billion that the USTR published in April.

The USTR estimates that EU subsides to Airbus cause approximately $11 billion in economic harm to the US annually, as per a report.


PSA s CHENNAI INTERNATIONAL TERMINALS WINS CONTAINER HANDLING TERMINAL OF THE YEAR AWARD AT SOUTH EAST CARGO & LOGISTICS AWARDS FOR THIRD CONSECUTIVE YEAR

               CHENNAI JULY 8 CHENNAI INTERNATIONAL TERMINAL PVT LTD (CITPL), OWNED AND MANAGED BY PSA INTERNATIONAL PTE LTD (PSA), RECEIVED THE COVETED "CONTAINER HANDLING TERMINAL OF THE YEAR" AWARD (BASED ON VOLUME) AT THE SOUTH EAST CARGO AND LOGISTICS AWARDS 2019 ORGANIZED IN CHENNAI on July 3. 2019. THIS WAS THE THIRD CONSECUTIVE YEAR THAT CITPL WON THE ACCOLADE, MAKING IT A TOTAL OF FOUR WINS OVERALL, HIGHLIGHTED RELEASE.

Wednesday, June 26, 2019

Shipping times June 26 2019.

Steady progress in coastal & port connectivity roads component of Bharatmala Pariyojana .

New Delhi June 25.

Under the coastal and port connectivity roads component of the Bharat Mala pariyojana phase- I programme five road projects with total length of about 163 km and total cost  as Rs. 2.469 crore (approx.) have been awarded till march 2019 in the entire country .progress of all the projects in monitored electronically for ensuring completion as per schedule .

This information was given by the union minister forroad transport and high ways Mr. Nitin Gatkari in a written reply in parliament on Monday.

The Bhatmala Pariyojna phase - I was approved at an estimated outlay of Rs. 5,35,000 crore.. A total of 24.800 km of national highways have been  considered in phase - I as well as 10.000 km residual road works under NHDP under this program the ministry of road Transport and highways has identified stretches fore development of about 9,000 km length of economic corridors about 6.000 km length if inter corridor and feeder roads. about 5.000 km length of national corridors efficiency improvements about  2.000 km  length of border and international connectivity roads  about 2.000 km length of coastal and port connectivity roads and about 800 km length of expressways.

Thursday, June 13, 2019

CAUTION URGED ON PHASING OUT EXPORT SUBSIDIES.
six point agenda suggested for making Indian exports competitive.

Exim news  service  New Delhi June 12.

After commerce and industry Minister Mr. Piyush Goyal talked about phasing out export subsidies and asking the trade not to be dependent on them the chairman trade promotion council of India (TPCI) Mr. Mohit sigla has said the governments needs  to take a gradual and cautious  view on this matter as the buyers also negotiated and demanded some part of the subsidy .
While congratulating the Minister  for setting the bail rolling by immediately convening the board of trade and council of trade promotion and development meeting .  Mr. Singla  also suggested a six - point agenda which may be strategized for making Indian exports competitive.
To begin with there is a need to identify a newq product basket that can easily find markets compared to our global competitors as India has an inherent  advantage. The emerging champion sectors could be electrical furniture and mattress and processed food. for  example processed food alone has huge scope after value addition .
Then comes external outreach.and promotion of Indian products to new and emerging markets. India could utilize 80 trade promotion offices working on already accepted global norms for promotion of various products and brands from the country .
The third is creating in a national portal for global trade inquires to be run/ managed by respective export promotion councils which could handle queries on day to day basis.
Fourth could be in concentivisation  above basic target encourage the performers by linking it with performance and target, be it EPC s or nany other body or organisation.
The fifth is the availability of credit for the industry both in terms of intermsdiary and fineshed goods for exports .
Finally reducing the cost and time of port clearance for the goods for export is very important . port charges in India should be reduced as it makes Indian exports  less competitive compared to the rest of the world . Number of days for port clearance and logistics cost per  km of road transport should be also be brought down it was suggested as per a release.

Wednesday, June 12, 2019

SHIPPING TIMES 12 JUNE 2019.
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New Delhi June 11 Mr Piyush Goyal the commerce and industry Minister has taken a number of major decisions to boost exports and industrial growth.The work on some of these decitions.ranging from fast tracking anti dumping investigations into goods in the micro small and medium enterprises (MSME)category to initiating research on reducing import dependence will begin pretty soon says a report .

Most of the decision received the Ministers nod after he held a 10 hours meeting with export promotion councils industry bodies and officials from the center  and state governments .
In of the major decisions the government has decided to initiate an investigation in to the top 50 tariff lines, constituting  60 per cent of India s importers to find ways to reduce import dependence
Besides officials have been asked to work with  state governments to identify 50 manufacturing  clusters across the country . priority will be given to micro , small and medium enterprises and most clusters will have a mix of various industries  catering to a complete value chain in a particuler geography.

it is learnt many of these clusters will focus on import substitution  especially for goods in the engineering textiles and electronics sectors .

The department for promotion of industry and internal Trade (DPIIT) has been asked to work with industry bodies to organize a national investor promotion event in the next six to nine months while such investment sum mits have mostly focused  on foreign investors this sum mit would give equal importance to domestic investors reports said .

export credit agencies have been directed to shift focus from subsidies to felicitating cheaper availability of loan in foreign currencies to exporters by June 30 2019 .

Similarly both export credit Guarantee corporation of India (ECGC) and exim bank have been told to speedily raise their loan dis bursals to exporters ECGC will enable a credit guarantee  to cover foreign currency lending to MSME while the exim bank will provide refinance in foreign currency to commercial banks to support all exporters . MSME continue to remain a key focus for Mr goyal who has also directed ECGC to extend export factoring for MSME said the export.