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Wednesday, January 22, 2020

Gujarat News

Photo: APM Terminals

APM Pipavav Adds Container Scanner

APM Terminals Pipavav [Gujarat Pipavav Port Ltd] has commenced operation of ‘drive-through container scanner’ effective December 1, 2019. The scanning system adheres to the guidelines issued by the Atomic Energy Regulatory Board and specifications issued by Directorate of Logistics (DOL).The Eagle P60 scanning machine was implemented to reduce the dwell time, improve productivity, facilitate faster turnaround of the consignment thereby reducing the transaction cost and enhancing the overall Port’s performance.The state-of-the-art machinery with UPS power back up…

(Photo: APM Terminals)

APM Terminals Pipavav Appoints Sørensen

APM Terminals Pipavav (Gujarat Pipavav Port Limited), has appointed Mr. Jakob Friis Sørensen as Managing Director, effective January 1, 2020Sørensen has been a part of A.P. Moller Maersk Group since 1987 starting at the internal A. P.  Moller Shipping School in Copenhagen, Denmark. He has held various positions within the Group in Maersk Line, Maersk Logistics and Damco in countries like Indonesia, Singapore, Malaysia, Japan and India. Sørensen holds an MBA from Henley Management College…

Photo: Essar Ports

Essar Completes Ferry Terminal at Hazira

India's Essar Bulk Terminal Ltd (EBTL) said it has completed work on the Passenger Ferry Terminal that has paved the way for a cruise-based passenger ferry service, commencing 15 November 2019, between Hazira Port in Surat and Bandra-Worli Sea Link in Mumbai.The Essar Ports company said in a press note that Hazira-based terminal will also lead to ferry services being offered on other routes in the future, revolutionizing coastal transportation in India.Phase I of the terminal project will focus on the movement of passengers between Hazira in Surat to India’s financial capital…

Image: Mainstream Renewable Power

Eni, Mainstream Eye UK Offshore Wind

Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia. The agreement will see Italian firm Eni and MRP collaborate to develop “large-scale renewable assets” in “high-growth markets”.Luca Cosentino, Executive Vice President of Energy Solutions department in Eni said…

Pic: Essar Ports

Salaya Terminal Cargo Growth up 160%

India's Essar Bulk Terminal Salaya Ltd (EBTSL) posted 160 percent growth in its cargo throughput for the Q1FY2020 which ended on June 30, 2019.As against 0.5 million tonnes (MT) in Q1FY19, EBTSL clocked a cargo throughput of 1.3 MT in Q1FY20, said a press release from the deepest draft terminal in Gujarat’s Saurashtra region.The performance marks not only a 160% growth in cargo handling over the corresponding quarter in the previous fiscal, but is also the best throughput achieved since the terminal’s commissioning in 2018.With the terminal integrated 1…

Pic: Essar Bulk Terminal Ltd

Hazira Terminal Grows 22% in Q1 of 2019-20

Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third-party business during the first quarter ended 30 June 2019, on a year- on-year basis.The Company achieved an overall cargo throughput of 7 MT (million tonnes) in Q1 FY2019-20, of which 1.1 MT was third-party cargo. The share of third-party cargo in overall cargo volumes also rose to 15.7%.According to the port operator…

Pic: Adani Ports

Adani Ports Q4 profit up 41%

Adani Ports and Special Economic Zone (APSEZ), India’s largest private multi-port operator, reported a 41.45 percent surge in its consolidated net profit to INR 1,314.19 crore (USD 188.4million) for the quarter ended on March 31, 2019.However, its revenue fell 3.15 percent to INR 31 billion, said a stock exchange annoucement. Its coal volumes rose 30 percent year-on-year during the quarter, while the cargo volume increased 19 percent.The company also reported a record cargo throughput of 54 million metric tonnes in the three months ended March, according to the filing.

Pic: Adani Ports

Adani to Develop Container Port in Myanmar

India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions have been received in the form of Myanmar Investment Commission permit, to build and run a container terminal along the Yangon river for 50-years.APSEZ would be the first Indian company to set up a container terminal outside India, CEO Karan Adani said.Construction for phase one of the project will commence next month and will be completed by June 2021.

 Pic: APM Terminals Pipavav

APM Terminals Pipavav Launches Intermodal Service

Indian multipurpose port APM Terminals Pipavav has launched a rail connection to its Kanpur Inland Container, giving customers the opportunity to connect more efficiently to the gateway port.The new connection was named the 'Polymer Express' as the first train on the route was carrying 90 TEUs of polymer for Gail, the natural gas transmission company.APM Terminals Pipavav is one of India's gateway ports for containers and liquid and dry bulk cargoes, serving customers in the state…

Prime Minister Narendra Modi inaugurates Mundra LNG Terminal & Anjar. Photo by Press Press Information Bureau, Government of India

Indian PM Inaugurates Mundra LNG Terminal In Gujarat

Indian Prime Minister Narendra Modi has inaugurated the Mundra LNG terminal that has been developed in keeping with his emphasis on clean energy.He said that the inauguration of the LNG terminal is the highlight of today's programme. I am fortunate to have inaugurated three LNG terminals, he added.Narendra Modi said that when Gujarat got its first LNG terminal, people were surprised. Now, the State is poised to make a fourth LNG terminal, he added.Gujarat is emerging as an LNG hub of India, the Prime Minister said, adding that this should make every Gujarati proud.

Indian Prime Minister Narendra Modi. Photo: PIB

India Builds National Maritime Heritage Complex at Lothal

Indian Ministry of Shipping, through its flagship programme Sagarmala, is closely working with Government of Gujarat state and other stakeholders to showcase India's rich maritime heritage through development of a World Class Maritime Heritage Complex (NMHC) at Lothal in the state of Gujarat.Preliminary work on design elements of the proposed heritage complex has been completed and consultations from experts are now under process. In order to further plan and take the project forward, a one day consultation workshop was held at Chatrapati Shivaji Maharaj Vastu Sanghralaya in Mumbai.

Photo: APM  Terminals Pipavav

APM Terminals Pipavav Hosts Trade Meet for CHAs

APM Terminals Pipavav recently hosted a trade meet for Custom House Agents (CHAs) and service providers at the Port and at Diu, Gujarat.The event was attended by members from Ahmedabad Customs House Agents Association (ACHAA), Pipavav Customs Brokers Association (PCBA), Ahmedabad Steamship Agents Associations (ASAA), Shipping Lines, ICD Operators, Global Freight Forwarders and Transporters etc.The objective of the event was to bring together the key stakeholders on a common platform…

Courtesy Hazira Port

Hazira Port Breaches 500K TEU Mark

Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20.7% over 2016-17. With an annual capacity of 1 million TEUs, 2 berths of combined length of 630 metres and quay-side infrastructure comprising 6 QC’s and 16RTG’s, the all-weather port with a deep draft has been able to attract main line services from the world’s largest container shipping companies.

Photo: Jawahar Lal Nehru Port Trust

JNPT to Start Direct Port Delivery Transport

The Jawahar Lal Nehru Port Trust (JNPT) will roll out Direct Port Delivery (DPD) transport solution from May 1, enabling faster and cost-effective movement of containers. "The innovative transport solution is aimed to achieve seamless and faster movement of cargo from the port to respective destinations through DPD," said a statement form the company. JNPT has been working on an innovative transport solution to achieve seamless and faster movement of cargo from the port to respective destinations through DPD.

Photo: Maersk Line

Maersk Line Scale Up Innovative Smart Reefers in India

In the past one year, Maersk Line, the global containerized division of the Maersk Group has enabled movement of multiple consignments of complex cargo out of India successfully, said a press release. Due to its global presence and network, the exporter network of India has been able to successfully reach out to newer geographies. Commenting on the achievement, recently appointed Managing Director for Maersk Line (India, Sri Lanka, Nepal, Bangladesh, Maldives and Bhutan), Steve Felder said, ”In the past 18 months or so, we have expanded our horizon in various new commodity categories.

Tony Boemi, Vice-president, Growth and Development at the Port of Montreal, Christine St-Pierre, Québec Minister of International Relations and La Francophonie, Jordan Reeves, Consul General of Canada, Mumbai, Sandeep Mehta, President of Adani Ports and Special Economic Zone and Dominic Marcotte, Consul and Director of the Québec Government Office in Mumbai. Photo: Montreal Port Authority (MPA)

Mundra Port, Port of Montreal Sign Cooperative Agreement

On a trade mission to India, the Montreal Port Authority (MPA) has signed a Cooperative Agreement with Mundra Port, Gujarat State, north of Mumbai. This agreement aims to develop cooperation in marketing and business development while sharing information on marine operations and industry best practices. Mundra Port is India’s largest commercial port. A diversified port, it handles liquid and dry bulk and more than three million TEUs in annual container traffic. It is operated by Adani Ports and Special Economic Zone Limited (APSEZ).

Location of the five actual incidents and two attempted incidents reported in January 2018. Map: ReCAAP ISC

Piracy, Armed Robbery in Asia Drop in January: ReCAAP

A total of seven incidents of piracy and armed robbery against ships were reported in Asia - five actual incidents and two attempted incidents - in January 2018, compared to 16 incidents reported in December 2017, according to regional piracy watchdog ReCAAP ISC. Out of the seven reported, five were actual and two were attempted incidents. One of these was a piracy incident and six were armed robberies against ships. Five incidents occurred on board ships while at anchor/berth…

Photo: APM Terminals

APM Terminals Pipavav Profits Slide

APM Terminals Pipavav (Gujarat Pipavav Port Ltd), has announced its financial results for the third quarter ended December 31, 2017. The company reported a net profit of INR 500 million  ($7.8 mln) for Q3FY18 as against INR 645 million ($10 mln)  in Q3FY17. Total Income for the quarter under consideration stood at INR 1,627 million ($25.5 mln) as against INR 1,692 million ($26.5 mln) in Q3FY17. EBIDTA for the quarter was at INR 947 million ($14.8 mln) and EBIDTA margin stood at 58%.

(Photo: Royal IHC)

Adani Adds Two New Dredgers to Its Fleet

India’s largest private multi-port operator Adani Ports and Special Economic Zone Ltd (APSEZ) inaugurated two new 8,000m3 trailing suction hopper dredgers (TSHDs) on January 8. Both dredgers were built by Royal IHC in The Netherlands and recently arrived at Adani’s Hazira Port in Gujarat, India, after their maiden voyage through the Suez Canal. The vessels are the 11th and 12th dredgers supplied by Royal IHC to APSEZ and are among the largest in the Indian fleet of TSHDs. “[The new dredgers] will substantially increase our capacity for dredging.

Protheroe Joins Greystoke Team in Vancouver

Tim Protheroe has joined consultancy Greystoke Marine Management, headquartered in Vancouver.   Protheroe is a Master Mariner who came ashore with Lloyds Register in 1992 and worked in several senior positions before being appointed President, Lloyds Register America’s Inc. in 2014.    Greystoke recently secured a two-year contract with Swan LNG providing essential marine oversight for the company’s liquefied natural gas (LNG) import terminal development in Gujarat on the north west coast of India.

Indian Shipping Minister Nitin Gadkari. Photo: PIB

India to Establish Center of Excellence in Maritime and Ship Building in 2 Cities

A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with  Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Program. CEMS will have  campuses at Vishakhapatnam and Mumbai, and will provide industry-relevant skill development, equip students with employable engineering and technical skills in the port and maritime sector and contribute to the Government of India’s ambitious Sagarmala programme.

Indian Oil Aims for LNG Import Capacity of 13.5 Mln T in 5 Years

State-owned Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of liquefied natural gas (LNG) in five years, its head of business development said on Friday, helping India to gradually move to a gas-based economy. Prime Minister Narendra Modi's government wants to raise the share of natural gas in India's energy mix to 15 percent in the next few years from about 6.5 percent now. "We hope to have 13-13.5 million tonnes in a phased manner in about five years," G.K. Satish said.

Photo: Deendayal Port Trust

Cabinet Approves Renaming of Kandla Port

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the renaming of Kandla Port as Deendayal Port. Ports in India are generally named after the city or town in which these are situated. However, the Government, in special cases, after due consideration, have renamed the Ports after great leaders in the past. By renaming Kandla Port as "Deendayal Port, Kandla", a grateful nation would be remembering the invaluable contributions made by one of the greatest sons of India, Pandit Deendayal Upadhyay.

H-Energy to Start West Coast LNG Terminal in May 2018

India's H-Energy Pvt Ltd, a unit of real estate group Hiranandani, will start operations at its liquefied natural gas (LNG) terminal in the western Maharashtra state by May 2018, its chief executive said on Wednesday. India plans to raise the share of natural gas in its energy mix to 15 percent in three years from the current 6.5 percent, according to a plan set out by Prime Minister Narendra Modi's government. H-Energy has invested 17 billion rupees ($261 million) to build its 4 million tonnes per annum (mtpa) regassification terminal near the Jaigarh port in the state…

Image: Deendayal Port Trust

Kandla Port Renamed as Deendayal Port

The Indian Ministry of Shipping has issued a notification renaming Kandla Port Trust as Deendayal Port Trust with effect from 25th of September, 2017. Kandla Port, located on the Gulf of Kutch in Gujarat, is one of the twelve major ports in the country. As per the Ministry’s notification, the Central Government, in exercise of powers conferred on it under Indian Ports Act, 1908, made the amendment to replace “Kandla” with “Deendayal”. While inaugurating various projects at Kandla Port in May this year…

Nitin Gadkari, Indian  Shipping Minister. Photo: PIB

Cochin Shipyard Spreads its Wings

After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting sail to newer shores as it looks to set up ship-building and repair facilities in Andaman and Nicobar, Gujarat, Kolkata and Mumbai. The report quoted Nitin Gadkari, Indian  Shipping Minister, saying that the government is expanding Cochin Shipyard. CSL will have ship-building and repair facilities in Andaman and Nicobar, Gujarat and Mumbai.