• 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 June 25

18:06 VARD orders seawater cooling for newbuild cable layer
17:34 ABP Humber Estuary Services (HES) purchased new £600,000 survey vessel
17:06 Q-Flex vessel sets delivery benchmark in Turkey
16:28 Awilco LNG posts vessel and contract update
16:22 Zhatai Shipyard to be provided with RUB 4.1 billion of budget investments in 2019–2021
15:59 Maersk introduces Maersk Spot, a new fully online product that simplifies the buying process for customers
15:15 NCSP Group announced decisions made at annual general shareholders' meeting
14:51 IMO: committed to implementation
14:20 ABP King’s Lynn investment attracts new construction industry customer
13:37 MAN B&W dual-fuel engines pass half-million hour milestone
12:59 ECSA celebrates the Day of the Seafarer
12:47 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
11:58 Fuel technologies in the spotlight at ABS Hellenic Technical Committee
11:39 Dickson obtains status of international port
10:58 MEYER WERFT hands over Spirit of Discovery to the British cruise line Saga Cruises
10:42 Concordia Damen ships 18 hulls from Shanghai to Rotterdam
10:24 Gender equality is the theme of Day of the Seafarer 2019
10:03 Brent Crude futures price is down 0.81% to $63.66, Light Sweet Crude – down 0.88% to $57.39
09:46 MABUX: Bunker market this morning, June 25
09:16 Baltic Dry Index is up to 1,258 points

2019 June 24

18:05 Training Montenegro to combat oil spills
17:50 Four cruise ships visit the Port of Riga at the same time
17:27 Finnish Government proposes supplementary appropriation of EUR 40 million for basic infrastructure management
17:05 Austal delivers third guardian class patrol boat to the Australian Department of Defence
16:47 Incat Crowther announces contract to design a 65m catamaran passenger ferry
16:46 Construction and operation of dual-fuel ships has low economic efficiency – USC President
16:45 Maersk Drilling completes sale of jack-up Mærsk Giant
16:24 USC set to build floating electricity-generating facilities running on LNG supplied by bunkering ships
16:03 Van Oord and Mammoet enter into cooperation with scale-up Verton
15:45 United Shipbuilding Corporation to launch the first LNG-powered ferry for Ust-Luga – Baltijsk line in late July
15:30 United Shipbuilding Corporation establishes USC-Propulsion and USC-Interior subdivisions
15:03 MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project
14:42 New USC Vice-President, Civil Shipbuilding, to get into office on 10 July 2019
14:21 USC expects its Astrakhan cluster to build 12 river-sea class ships per year
14:03 Yang Ming announces new China-Thailand direct service
13:37 Port of Rotterdam Authority to collaborate with four new companies
13:25 Igor Vasilyev appointed as Acting General Director of FTI Rostransmodernizatsiya
13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska