ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS OF INDIA

Weekly News 14.10.2014—20.11.2014 VOL 2 - ISSUE34/NOV/2014

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Catalysing Multimodalism

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The International Container Transshipment Terminal (ICTT), Vallarpadam, for the first time handled a massive ‘empty transshipment’ from Kochi. It is the first time a major mainline operator using the ICTT’s service to reposition its empty units back to China. Taiwan-based Wan Hai Lines has repositioned 1,273 TEU empty units from Nhava Sheva to China by using ICTT as the transshipment hub. The first lot of 470 units were loaded to M V OEL Trust on October 31.

Wan Hai Lines will connect all the empty units arriving at the ICTT to its mainline vessel M V Wan Hai-507 of INDFEX Service, a key service connecting the Indian sub-continent to China. Shipping lines regularly reposition empty containers to balance their inventory at dif-

ferent locations across the globe.

ICTT Handles First ‘Empty Transshipment’ from Kochi

Inside this issue:

ICTT Handles First ‘Empty Transshipment’ from Kochi 1

Carriers suspend US$1,000/FEU congestion surcharges in face of feedback

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China and India to account for 35% of global oil trade says Newport Shipping

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CCHAA & NACFS discuss key points related to CFSs & CHAs 2 Major Ports see spike in ship-ping fuel demand 2

JNPT chief recommends re-laxation in tariff norms at Ma-jor Ports

2

Ministry of Shipping’s guidelines for priority berthing of coastal vessels at Major Ports

2

Humor 3

Maersk MSC, NYK, CMA CGM, Cosco, USAC Evergreen, OOCL and others have suspended US$1,000 per FEU west coast congestion surcharges, reports Newark's Journal of Commerce. According to plan of the Transpacific Stabiliza-tion Agreement (TSA) member lines would collect the enor-mous surcharge starting last Monday for cargo landing at US west coast ports. Two days later, the US Federal Maritime Commission (FMC) cast doubt on the legality of carriers imposing a surcharge on cargo still at sea. If a container is on a ship in the middle of the Pacific Ocean, FMC chairman Mario

Cordero said, it was his understanding that the "surcharge would not apply to that cargo".

Carriers suspend US$1,000/FEU congestion surcharges in face of feedback

China and India will account for about 35% of global oil trade in the next ten to fifteen years, despite China’s commitment to increasing the use of clean power and renewable energy. Harald Lone, Chairman and Chief Executive Officer of Newport Shipping Group, made the forecast during a round-table discussion marking the opening of Riviera Maritime’s Tanker Shipping & Trade 2014 conference. With imports of crude oil to the US in

decline as the country develops its shale oil and gas reserves, China and India will become

“very important” to the crude oil markets, said Lone.

China and India to account for 35% of global oil trade says Newport Shipping

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Demand for shipping fuel at the country’s Major Ports has surged by up to 25 per cent during the past week as the cost of re-fuelling at Singapore, Asia’s bunkering

hub, soared following the collapse of the world’s leading supplier.

According to traders, the announcement of OW Bunker’s bankruptcy caused a spike in shipping fuel prices in Singapore to their highest in over two years as oil supplies tightened due to credit worries. Prior to the development, Singapore was one of the

cheapest ports in Asia for refueling.

Marine fuel prices in Mumbai, India’s largest bunkering port, were still around $15 a

tonne higher than in Singapore on a delivered basis.

Major Ports see spike in shipping fuel demand

The Chairman of Jawaharlal Nehru Port Trust (JNPT), Mr. N. N. Kumar, has opined that tariff regulation norms for Major Ports should be relaxed as they were inhibiting the

growth of the facilities.

Speaking at a seminar organised by the Federation of Indian Chambers of Commerce and Industry (Ficci) here, Mr. Kumar said, "Tariff Authority for Major Ports (TAMP) regime inhibited the growth of Major Ports and there is a need to free them from the regulatory regime for better price parity and (to) create a level playing field to compete with fast

expanding non-major ports."

Mr. Kumar also stressed on the urgent need for guidelines on proper structuring of public-private partnership (PPP) projects in order to lessen risks to private players. In the absence of a mechanism to revisit port concession agreements, private

players felt discouraged to participate in such projects, he added.

JNPT chief recommends relaxation in tariff norms at Major Ports

The Chennai Custom House Agents’ Association (CCHAA) and the National Association of Container Freight Stations (NACFS) recently organised a joint meeting here, in which they discussed various issues related to CFSs and CHAs, for the benefit

of the CHA community and to help the ex-im trade in the country, sources said.

Deliberations took place on twenty points raised by CCHAA in the meeting chaired by Mr. P. S. Krishnan, President of CCHAA, and Mr. M. S. Arun, Chairman of NACFS, along with office-bearers and the Executive Committee members of both

Associations.

CCHAA & NACFS discuss key points related to CFSs & CHAs

Based on the recommendations of a committee set up by the Ministry of Shipping to review the extant guidelines on priority berthing to coastal vessels, the following guidelines on according priority berthing to coastal vessels have been issued for

compliance by Major Ports:

A "coastal vessel" shall mean any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal licence

issued by the Director-General of Shipping/competent authority.

Major Ports shall accord priority berthing, at least on one berth, to dry bulk/general cargo coastal vessels, to enable shippers to transport goods from one port to another port in India irrespective of origin and final destination of the cargo. This would

be in addition to dedicated berth, for handling of coastal thermal coal already existing in Major Ports, if any.

Ministry of Shipping’s guidelines for priority berthing of coastal vessels at Major Ports

Humor

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