• 2019 May 19 10:16

    PSA’s BMCT and CITPL hold Hyderabad trade meet

    PSA International’s subsidiaries Bharat Mumbai Container Terminals Private Limited (BMCT) and Chennai International Terminals Private Limited (CITPL) hosted a trade meet at Hyderabad, India on 10 May 2019. This is the first time port operators from Mumbai have visited Hyderabad to hold a trade meet.

    The trade meet was attended by around 80 exporters, importers, freight forwarders, shipping lines and trade associations. The event was also a successful business networking session for the trade fraternity, and a platform for active discussions on meeting the varying business needs of shippers.

    In his opening address, Mr Mike Formoso, Managing Director, PSA India, said, “I am pleased to welcome the trade community to BMCT and CITPL’s first trade meet in Hyderabad. Through this event, we hope to raise the awareness of the PSA terminals operating in India and to hear firsthand from the trade members on their requirements and experiences for ports. I look forward to creating further avenues for collaboration through the discussions at this event.”

    The trade meet showcased the state-of-the-art facilities and the services provided by both BMCT, the newest terminal in Jawarharlal Nehru Port, and CITPL, the most productive terminal on the east coast of India.

    Mr Sivakumar K, General Manager, BMCT, said, “As the newest terminal in the Jawarharlal Nehru Port (JNP), BMCT has added much needed capacity and operational flexibility to meet the trade’s demands. BMCT provides class-leading productivity levels, superior facilities in the form of a dedicated access route and 1,000 metres of continuous wharf length for vessel berthing, and unique service advantages such as having no restrictions on move count, including on Reefers and Out-of-Gauge (OOG) containers. With a growing market share, BMCT is fast becoming a gamechanger for the Indian logistics sector, with a further advantage as the only terminal in JNP that can handle the 1.5km double stack capable Dedicated Freight Corridor (DFC) trains.”

    Capt T Madhanmohan, General Manager, CITPL, shared, “CITPL is the busiest, most efficient and leading container terminal on the eastern coast of India, thanks to its excellent infrastructure, connectivity and services. In addition, CITPL’s unique on-dock rail siding allows it to provide timely rail connectivity for its customers, and to serve the hinterland in a better and more cost-efficient manner.”
    An interactive Q&A session followed by dinner summed up the event. The trade community was very appreciative of PSA India directly engaging them, showing its willingness to work together with the trade to find effective solutions.

    Mr Ahmed Shaik, Branch Manager, Ocean Network Express (ONE) and General Secretary, Hyderabad Steamer Agents Association (HYSAA), said, “This is the first trade meet by a terminal operator from Mumbai, to engage the trade partners in Hyderabad and to explain to us the various initiatives. I look forward to the expansion of the Hyderabad - Chennai trade lanes, and to take advantage of the seamless connectivity and services offered for reefer cargo from Hyderabad to BMCT.”

    Officials from the Container Corporation of India Ltd. (CONCOR) highlighted that both CONCOR Hyderabad and BMCT were working on possibilities of dedicated trains with fixed schedules which would benefit the trade tremendously. They encouraged the trade to work together with CONCOR to increase the cargo moved by rail in lieu of road to take advantage of cost and time efficiencies.




2019 September 23

17:07 Scorpio Bulkers announces the sale of two Ultramax vessels for $37.9 mln
17:06 Lloyd’s Register signs up to Getting to Zero Coalition
16:43 Marseille, France to host EUROMARITIME on 4-6 February 2020
16:28 MAN Energy Solutions joins getting to zero coalition
15:24 Hapag-Lloyd increases rates from North Europe to Middle East and Indian Subcontinent
14:24 Ports of Los Angeles and Long Beach release report on the state of clean cargo-handling equipment technology
14:01 Severnaya Verf starts cutting metal for fourth processing trawler of Project 170701 ordered by NOREBO Group
13:39 ESPO Award jury puts ports of Dover, Dublin, Stockholm and UPF in final competition for Award 2019
13:15 Glander International Bunkering opens 8th office globally in Oslo
13:02 ECOSUBSEA achieves requirements to offer sustainable hull cleaning in the ports of Antwerp and Zeebrugge
12:53 Average wholesale prices for М-100 HFO up to RUB 14,725 in RF spot market
12:31 USPA Supervisory Board discussed corporatisation, integrated audit and dividend reduction
12:08 DNV GL’s Veracity strengthens maritime digitalization with new Asia-Pacific hub
11:50 Workshop in Kenya focused on reducing marine plastic from ships
11:36 Abu Dhabi Ports’ container volume up 82.4% in the first half of 2019
11:29 Regional workshop in Saudi Arabia focused on clean shipping in Red Sea, Gulf of Aden and Gulf
11:04 Vympel Shipyard launches fourth Grachonok-class special purpose boat for Federal National Guard Troops Service
10:26 Brent Crude futures price is up 1.1% to $64.99, Light Sweet Crude – up 1.1% to $58.73
10:08 CMA CGM announces FAK rates from Asia to Red Sea
09:47 Container throughput of port Hong Kong (China) down 7.4% to 12.18 million TEUs in Jan-Aug’2019
09:25 Baltic Dry Index is down to 2,131 points
09:08 DNV GL awards AIPs to DSME for ethylene carrier cargo tank designs
08:49 MABUX: Bunker Market this morning, Sep. 23
08:06 Damen completes maintenance work on Innovation at Damen Verolme Rotterdam

2019 September 22

17:03 Höegh increases its frequency to Australia
16:21 USCG Cutter Seneca offloads more than 12,000 pounds of cocaine in Miami
15:16 Algoma announces agreement to acquire Croatian-built dry-bulk carrier
13:03 Van Oord: Second Sand Motor successfully completed
12:47 Ørsted to pioneer deployment of GE’s next generation offshore wind turbine
11:39 ZPMC orders compressors to pipelay vessel

2019 September 21

16:17 USCG responds to breakaway barges striking I-10 San Jacinto River bridge
15:14 Eastern Shipbuilding launches the C.D WHITE for E.N. Bisso & Son
14:06 Boskalis associate Smit Lamnalco signs first 10-year terminal services contract in Mozambique
12:52 Kongsberg wins first full-scope expedition cruise vessel tender, with gensets and propulsion equipment
11:34 Rauma Shipyard bags Finnish Navy's four corvettes order

2019 September 20

18:41 Vostochny Port joins Coordinating Council on Trans-Siberian Transportation as its permanent member
18:22 IAA PortNews offers photo release from 'Development of Icebreaking and Support Fleet' conference held on NEVA 2019 zero-day
18:05 Global Ship Lease announces new five-year $268 mln credit facility for debt refinancing
17:24 Vostochny Port’s harbour services fleet presented at dedicated conference in Saint-Petersburg
17:05 F. A. Vinnen places entire fleet with Verifavia Shipping & Rina for IHM services
16:50 Helsinki Shipyard (Finland) to build two liners for polar cruises
16:35 COSCO SHIPPING Ports announces disposal of interest in various port assets and possible disposal of Taicang Terminal and Jiangsu Petrochemical Terminal
16:21 ABB presents electric power and propulsion solutions for icebreaking vessels at NEVA 2019
16:05 Port of Los Angeles protects overall clean air gains
15:19 Port of Riga rapidly increases volume of handled wood pellets
14:53 South Korean port to slash passenger vessel emissions with ABB shore power
14:15 Krasnoye Sormovo launches Pola Pelagia, dry cargo carrier of Project RSD59З, for Pola Rise
13:30 Damen Shipyards Group is ready to ensure construction of electric water buses for rivers and canals of Saint-Petersburg and Russia
13:12 MSC Cruises and Fincantieri unveil further details of MSC Seashore at coin ceremony
12:24 Victor Olersky sees promising future of electric river passenger ships in Saint-Petersburg and in Russia
12:09 Algoma Central Corporation announces agreement to acquire Croatian-built vessel
11:28 Specifications for 0.50% sulphur fuels and the PAS from ISO: IBIA explains
11:09 GTT obtains Approval in Principle from Bureau Veritas for the Mark III Flex technology on ice-breaking LNG carriers
10:52 IBIA and S&P Global Platts collaborate to help shipping industry comply with IMO 2020
10:31 Workshop for training on emergency response, preparation and planning held in Manila
10:09 Van Oord and Shell test the use of biofuel on trailing suction hopper dredger HAM 316
09:50 State Duma ratifies Convention on the Legal Status of the Caspian Sea
09:33 Brent Crude futures price is up 0.20% to $63.73, Light Sweet Crude – up 0.98% to $58.7
09:25 Lloyd’s Register, China Merchants, GTT, CNOOC, DSIC form jv to design LNG-fuelled VLCC
09:17 Baltic Dry Index is down to 2,192 points