IWAI to initiate regular Barging Operation--pg.2 GTI and JNPA sign off TAMP conciliation agreement--pg.2 Ministers, Sh. Yadav & Sh. Shekhawat released --pg.3 Sarbananda Sonowal, MoS, resolved long pending--pg.3 Sanrakshika a CISF Wives Welfare Association--pg.3 Performance Team – a Maersk company opening--pg.5 Western Fleet Deployment to Sri Lanka Ends--pg.5 CCI approves acquisition of equity stake in Future--pg.6 Six Companies agree to form Strategic Alliance--pg.7 INS Chennai and INS Teg visit Colombo-pg.8 Gateway Distriparks - Updated on Merger and Q3FY22--pg.8 Shri Gadkari to Inaugurated pilot project for Hydrogen--pg.8

Vol. XXI-No. 22

n Mumbai, Thursday 17 March 2022

www.bhandarkarpublications.com n Price: Rs. 10/-

A Mariner plans to extend NMD Celebrations to the Hills and Mountains

n BSN Network / Mumbai Capt. Gyanendra Singh, will embark on a Bike Expedition for spreading Maritime Awareness from 9th to 17th April. On the occasion of Azadi Ka Amrit Mahotsav, spearheaded by Mr. Atul Kulkarni Chairman of Amazing Namaste Foundation, in coordination with a few Central Govt Ministries and all 8 State Governments of North East India, this Expedition of 75 Bikers has been organized. This expedition will be touching International borders with Bangladesh, Bhutan, China & Myanmar. The 75 bikers from different parts of the country together will explore 10000 kms of treasured nature, over a 9 Day long Bike Expedition, interacting with the locals of the North Eastern States of India. The Expedition has been named “NEW (North East on Wheels)”, where these bikers

G. Kishan Reddy, Minister of Tourism & Culture

will ride 350 CC Bikes along 7 different routes in 7 groups named after birds and animals spotted in the region viz. Rhino, Mithun, Myna, Falcon, Saza Serrow, Hornbill & Red Panda. One among these 75 enthusiastic riders, selected from among 500+ applicants, is our own Contd. on page 2

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Mumbai, Thursday, 17 March 2022

A Mariner plans to extend NMD Celebrations to the Hills and Mountains

Contd. from page 1

BHANDARKAR SHIPPING NEWS

increased workload, longer tenures at sea, more travel hassles, but ensuring that the entire mankind across the globe received what they needed right at their doorstep”. He says, “Any country survives because of trade, and trade survives because of Seafarers”. What a great message and what a noble cause, flying the flag of Mercantile Marine in uncharted waters (land). This message will definitely encourage bright and adventurous, boys and girls to join the Merchant Navy as Navigating Officers and Engineers, and traverse the international waters, serving the world without boundaries. The Shipping fraternity wishes all bikers a safe and successful Expedition!!

IWAI to initiate regular Barging Operation from Kolkata to Guwahati via Bangladesh on IBPR Mariner, always young at heart, adventurous and patriotic, Capt Gyanendra Singh. Having lived the first 11 years of his life in this region, he says “This would be like a homecoming”. Capt Gyanendra, well known for his passion for the profession, dedicates this Expedition to this year’s 59th National Maritime Day Celebration. On this 9 Day journey to the North East, he is all set to spread Maritime Awareness in the gorgeous green regions of India. His heartfelt message, “Ours is the most unique profession. People tasted lockdown now – work-eat-sleep in the confines of limited space. Seafarers have lived in lockdown forever and will continue to do so. But they do it happily, with the love for the entire world, serving every nation without discretion. Remember we could survive this lockdown because this breed called “Seafarers” who work at sea – away from home and family for months together, continued to work in even more strenuous conditions, with more restrictions on board,

GTI and JNPA sign off TAMP conciliation agreement n BSN Network / Mumbai APM Terminals Mumbai [GTI - Gateway Terminals India Pvt. Ltd.] and Jawaharlal Nehru Port Authority (JNPA) have signed a Settlement Agreement to reach an amicable solution and resolve a decade-long pending issue on Tariff related matter pertaining to the year 2012. The principles of the Settlement Agreement wereformulated by the Conciliation and Settlement Committee (CSC) as per the guidelines issued by the Indian Port Association (an apex body of Major Ports under the

administrative control of the Ministry of Ports, Shipping and Waterways) for settlement of pending issues between the operators and the port authority at Major Ports in India. The principles of agreement have been settled in the framework. The calculations on tariff differential will be done post the court orders. The signing ceremony was attended by various dignitaries including H.E. Freddy Svane - Ambassador of Royal Danish Embassy to India, Mr. Sanjay Sethi– IAS & Chairman of JNPA, Mr. Jonathan Goldner -

n BSN Network / New Delhi The Ministry of Ports, Shipping & Waterways achieved a landmark when the MV Ram Prasad Bismil became the longest vessel ever to sail on Brahmaputra. The 90 meters long flotilla is

26 meters wide, loaded with a draft of 2.1 meters. With this, it successfully completed the aspiring pilot run of heavy cargo movement from Haldia Dock in Kolkata after it anchored at Pandu port in Guwahati. Contd. on page 6

Head of Terminal Asia & Chairman of GTI, Mr. Gopal Krishna - Chairman of CSC, Dr. C. Chandramouli and Mr. Shambhu Singh members of the CSC andkey personnel of JNPA and GTI. On this momentous occasion H.E. Freddy Svane, Ambassador of Royal Danish Embassy mentioned, “Today’s milestone is an important development in the logistics sector of India. It could not have been possible without the role played by the Conciliation and Settlement Committee, JNPA and APM Terminals. This is a progressive step in creating an environment of trust and ease of doing business for investors. We are moving towards a future where logistics will play an important role in India becoming a major player economically and politically.” He further added, “A need to find resolution to this issue and other long-standing issues in the maritime sector was agreed at the highest government levels between Indian Prime Minister Narendra Modi and Danish Prime Minister Mette Frederiksen earlier. Cabinet Minister SarbanandaSonowal and senior officials in the

Ministry of Ports and Shipping including Secretary Sanjeev Ranjan were instrumental in suggesting CSC as a platform for arriving at a solution to this long-standing issue.” Mr. Girish Aggarwal, Chief Operating Officer, Gateway Terminals India said, “We are pleased to amicably resolve this decade old tariff related dispute. We thank the Government of India; Ministry of Port, Shipping & Waterways for forming IPA, Danish Embassy & CSC to address this issue swiftly. We are delighted to resolve this issue in complete alignment withJNPA. This will impact the trade and the port industry positively.” Shri Sanjay Sethi, IAS and Chairman of JNPA said, “The dispute resolution mechanism through settlement process as developed by Government through CSC is likely to bring about transformative change in the maritime industry. We are glad that we have been able to come to settlement with GTI through this mechanism and are grateful to the Government for helping this resolve it harmoniously.” Contd. on page 6

BHANDARKAR SHIPPING NEWS

Ministers, Sh. Yadav & Sh. Shekhawat released reports on rejuvenation of Major Rivers n BSN Network / New Delhi The Union Minister for Environment Forest and Climate Change, Sh. Bhupender Yadav and the Union Minister, Jal Shakti, Sh. Gajendra Singh

coming 25 years as ‘Amrit Kaal’ as these DPRs will create a target of green cover expansion for upcoming 10 years and 20 years, then the future generations will get a ‘Green India’ through the ‘Van Bhagidari and Jan Bhagidari’

Mumbai, Thursday, 17 March 2022

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Sarbananda Sonowal, MoS, resolved long pending issues of sub-leased at DPT n BSN Network / New Delhi Shri Sarbananda Sonowal, Hon’ble Minister of Ports, Shipping & Waterways and AYUSH, Government of India has resolved long pending issues of M/s SRC Ltd. by conveying DPA to take necessary action. The Hon’ble Minster of PSW & AYUSH has also given his kind consent to allow transfer of Unconstructed plots, sub-leased by M/s Sindhu Resettlement Corporation Ltd. (SRC), in the larger interest of General Public which was earlier stopped w.e.f. 06.01.2021 on account of nonadherence to the Sub-lease Deed condition under the guidance of Chairperson Shri S.K. Mehta, IFS.

Sanrakshika a CISF Wives Welfare Association Unit DPAKandla celebrated AKAM

Shekhawat along with the Minister of State, MoEF&CC, Sh. Ashwini Kumar Choubey, jointly released the Detailed Project Reports (DPRs) on Rejuvenation of thirteen Major Rivers through Forestry Interventions. The 13 rivers for which DPRs were released are Jhelum, Chenab, Ravi, Beas, Sutlej, Yamuna, Brahmaputra, Luni, Narmada, Godavari, Mahanadi, Krishna, and Cauvery. The DPRs were funded by National Afforestation & Eco-development Board, (MoEF&CC) and prepared by Indian Council of Forestry Research & Education(ICFRE), Dehradun. Smt. Leena Nandan, Secretary, MoEF&CC, Sh. C.P. Goyal, Director General Forest & Special Secretary, MoEF&CC, Sh. Arun Singh Rawat, Director General, ICFRE were also present on the occasion. Growing water crisis on account of depleting fresh water resources especially due to shrinking and degradation of river ecosystems is a major impediment to achieving national goals pertaining to environment, conservation, climate change and sustainable development. Thirteen rivers collectively cover a total basin area of 18, 90,110 sq. km that represents 57.45% of the geographical area of the country. The length of 13 rivers including 202 tributaries within the delineated rivers capes is 42,830 km. Addressing the gathering, the Union Environment Minister, Shri Bhupender Yadav said that these DPRs are in line with the holistic vision of Prime Minister, Shri Narendra Modi of making the

of the current generation. Sh. Yadav further added that the projects will alleviate the growing water stress and help achieve national goals related to climate change and sustainable development. Addressing the gathering, the Union Minister, Jal Shakti, Sh. Gajendra Singh Shekhawat said that ‘water is the elixir of life’ and this fact was known to all traditionally as rivers were treated as goddesses and were cared for with deep reverence in the hearts, minds and souls of the masses. Shri Shekhawat said that the day we stopped thinking about what we give back to the rivers, when we did not balance the need for development with environmental sustainability, when we stopped becoming custodians of nature and rather forced our ownership on it, we have started exploiting and over exploiting our resources. Talking about how under Prime Minister Shri Narendra Modi a holistic approach has been adopted towards river rejuvenation especially that of river Ganga, the Union Minister said that the entire world has witnessed and appreciated the results. The Union Minister for Jal Shakti stressed on the need for thinking of ourselves as custodians of nature and all its beauty & resources and the fact that in the past 5 decades we have forgotten our responsibilities towards sustainability and we need to ensure that we give a better resource base to our future generations. Sh. Shekhawat said that with these DPRs, through holistic planning, we can head towards giving a Contd. on page 7

n BSN Network / Kandla Sanrakshika (CISF Wives Welfare Association) Unit DPAKandla celebrated AZADI KA AMRIT MAHOTSAV by organizing high level Badakhana & Cultural program. Shri S.K. Mehta, IFS, Chaiman-DPA, Commissioner CGST-Kachchh, CommissionerCustoms, Kandla & Mundra, Brigadier. ED IFFCO-Kandla, DIG BSF SHQrs Bhuj & Shri Nandeesh Shukla, IRTS, Dy. Chairman, SP East-Kachchh graced the occasion along with Senior Officials of DPA, CISF, ICG, BSF, Intelligence Agencies, District Administration and Sister Organization.

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BHANDARKAR SHIPPING NEWS

BHANDARKAR SHIPPING NEWS

Performance Team – a Maersk company opening integrated cold chain facility in Houston

USA North America Cold Chain Logistics Refrigerated Cargo Reefer n Agencies l High tech asset and capacity will strengthen U.S. Gulf cold chains. l Offers first-ever, 90 foot deep unloading dock, speciallydesigned for refrigerated commodities handling from trucks. Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announcement of a new cold storage facility in Houston designed to serve imports and exports. “As we continue to expand our network in North America, providing customer-centered solutions this new facility will provide best-in-class cold chain services by integrating our services, technologies and optimizing cold chain logistics efficiencies,”JasonWalker, Executive Vice President of Operations at Performance Team - A Maersk Company. Performance Team – A Maersk Company Houston will offer ideal access to the city’s major ports with a dedicated fleet of shuttle trucks and chassis used between the warehouse and the port to expedite inland transit. Equally important, easy access to both BNSF and Union Pacific rail lines and five minutes from major highways ensures multi-modal supply chain options to and from inland destinations. End-to-end supply chain solutions are created by Maersk’s Ocean services calling the Port of Houston that can be integrated with Maersk Customs Services, USA Inc. customs clearance expertise and Performance Team – A Maersk Company’s 60+ warehouses and Transportation services - designed to serve storage, fulfillment, distribution and inland transportation needs. “Cold chain demand in the U.S. Gulf continues strong and we see a strategic opportunity to expand capacity and introduce a more integrated supply chain to make it easier for exporters and importers,”DiogoLobo, Regional Head of Cold Chain for Maersk North America. Transpacific, Transatlantic, South America, Central America, Africa and Middle East markets are all served by Maersk, Sealand and Hamburg Sud ocean carrier services and Maersk companies serving the Port of Houston. Commodities include fish, poultry, beef, pork, fruits and vegetables. The Houston facility will open in August 2022 and be operated by Performance Team - A Maersk Company. The facility used customer input to design a 90’ loading dock that is temperaturecontrolled and protected from the elements - important functionality for handling frozen and fresh commodities. Having such a deep facility dock enables Performance Team to stage a much greater number of loads in preparation for domestic or international distribution. The company also worked closely with the USDA on the design to ease the demands placed on USDA inspectors who are facing increased cargo volumes. Performance Team – A Maersk Company currently operates over 60 distribution and fulfillmentcenter locations in North America and Transportation Services which is complemented by Maersk’s expanded ecommerce logistics capabilities in the U.S. and the intended acquisition of Pilot Freight Services which is under regulatory review prior to closing in Q2 2022 which will add 87 more locations serving first, middle and last mile logistics across the U.S.

Mumbai, Thursday, 17 March 2022

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Western Fleet Deployment to Sri Lanka Ends on High Note

n BSN Network / New Delhi The Western Fleet’s deployment to Sri Lanka culminated in a maritime partnership exercise between the two navies on 12 March 2022. On departure from the port of Colombo, IN Ships Chennai and Teg exercised with Sri Lanka Navy ship Sindurala. The smoothly conducted exercise began with a simulated situation of asymmetric threat against ships leaving harbour by fast attack crafts of the Sri Lankan Navy. Thereafter, as part of seamanship exercises, ships of both navies made approaches for towing, maintained station for Replenishment at Sea and undertook close distance manoeuvring. Chetak helicopter of the Indian Navy also participated in the exercise. The exercise ended with the traditional steam past with the Sri Lankan ship approaching the column of Indian Navy ships from a reciprocal direction and personnel manning their ship-sides and waving good bye to each other. The professional interaction between the navies was extremely fruitful and enhanced interoperability between them. Earlier on 11 March 2022, Rear Admiral Sameer Saxena, NM, Flag Officer Commanding Western Fleet (FOCWF) called on Admiral Prof. Jayanath Colombage, the Foreign Secretary of Sri Lanka. The Commanding Officers of INS Chennai and INS Teg called on Rear Admiral AUC De Silva, Commander of Western Naval Area of Sri Lanka. A friendly volleyball match was also played between personnel of the two navies to enhance mutual interaction at the junior levels. The Indian ships were kept open for general public, school children, serving naval personnel and children with special needs. All COVID-19 regulations were adhered to during the interactions held.

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BHANDARKAR SHIPPING NEWS

IWAI to initiate regular Barging Operation from Kolkata to Guwahati via Bangladesh on IBPR

at Pandu, we must recognise that this was made possible by the team to chalk out a working route during this season of challenging depth at many stretches. We remain deeply committed to bring business viability of water transport in Assam and reinvigorate the vitality of Brahmaputra as

the people, I would like to extend our deepest gratitude for partnering with us to revive one of the best modes of transportation & creating an opportunity for mutual benefit & economic growth. Given the challenges, it would not have been a success without the support from the Chief Minister

monitored the dredging work done by IWAI at various areas in this stretch so that the movement between NW1 & NW2 can start on priority basis. Speaking from Delhi, the Union Minister Shri Sonowal said, “The vision of our Prime Minister Narendra Modiji is to energise the Ashtalakshmi potential of Northeast to power the growth engine of India. Under his vision of ‘Transformation through Transportation,’ we worked tirelessly to rejuvenate the water transport in the region. This is not only the cheapest & ecologically most adapt mode of transportation, it also allows the long awaited connect for the business of Northeast through the marine network with the rest of the world. As the pilot run of this longest vessel plying on the Brahmaputra anchors a success

Northeast India’s economic fortune.” It must be noted that the minimum available depth for last two fiscal years; i.e. FY2019-20 and FY2020-21, between Dhubri and Pandu stretch was 2.2 meters at Brahmaputra. As per recent LAD report, this depth depleted further and drastically reduced to 1.5 metres in January, 2022. From Chilmari to Daikhawa, the required depth of 2.2 meters was confirmed by BITWA. Expressing gratitude on this watershed moment of economic history of Assam, the Shri Sonowal, added, “For the people of Assam, the Brahmaputra is the lifeline. This was understood by the Prime Minister which is why he envisioned to shape the growth of this ecologically sensitive region via a medium that is widespread, economic & environment friendly. I want to thank the Prime Minister for supporting this initiative with all of his heart. We must also deeply thank the Bangladesh government without whose support this would not have been possible. On behalf of

of Assam, Dr. Himanta Biswa Sarma & I thank him for that. I would also like to thank the Government of West Bengal and Government of Bihar for all the support they provided for the successful completion of this pilot movement. I also commend the pioneering work done by the team of engineers, technocrats, and everyone involved to work around this challenge and finding a solution. We look forward to your support as we continue in our strive towards excelling & making inland waterways become the lifeline for the economic resurgence of Assam & the Northeast India.” It is to be noted that earlier MV Lal Bahadur Shastri carried a consignment of 200 MT foodgrains for Food Corporation of India (FCI) from Patna to Pandu, successfully completing the Pilot Movement cargo between Ganga, the National Waterway 1 (NW1), and Brahmaputra, the National Waterway 2 (NW2). In addition to this, an Over Dimensional Cargo (ODC) for Numaligarh Refinery was also transported via IBPR further onto NW2 earlier.

Contd. from page 2 The vessel along with two barges - DB Kalpana Chawla and DB APJ Abdul Kalam - were flagged off from the Syama Prasad Mookerjee Port in Haldia by the Union Minister of Ports, Shipping & Waterways (PSW) and AYUSH, Shri SarbanandaSonowal on 16 February, 2022. The significance of this pilot run lays down the path for commencement of barging operation from Kolkata to Guwahati via Indo Bangladesh Protocol Route (IBRP). The consignment - loaded with 1,793 MT of Steel rods from Tata Steel in Jamshedpur - require a draft of 2.0 meters. The engineering marvel of this historic consignment remains at maintaining the minimum navigational draft of at least 2.0 meters, especially at critical stretches like Sirajganj - Daikowa stretch of IBPR. The Government of India along with Government of People’s Republic of Bangladesh funded the dredging of this stretch - with 80:20 ratio respectively - for seamless navigation. The Inland Waterways Authority of India (IWAI) as well as Bangladesh Inland Water Transport Authority (BIWTA) worked together so that this historic cargo movement can move smoothly. To revive & rejuvenate the vision of Prime Minister Shri Narendra Modi to bring ‘Transformation through

Transportation,’ the government took the onus of dredging and make the conduit a safe & smooth sail for vessels. Shri Sarbananda Sonowal, closely followed all developments and personally

GTI and JNPA sign off TAMP conciliation agreement Contd. from page 2 Mr. Gopal Krishna, Chairman of CSC said, “Disputes between various stakeholders in the industry have been impacting the efficiency and operational excellence of the industry players. It was imperative to establish a mechanism that not only resolve the disputes, but also reduces the burden of pending cases in the Court. Conciliation and Settlement Committee (CSC) was envisaged with the intention of achieving the settlement among the stakeholders in the least possible time, thereby saving on financial burden on the industry players as well. This will go a long way in Ease of Doing Business and attract private players in the maritime industry.” APM Terminals Mumbai also known as Gateway Terminals India Pvt. Ltd.is a part of APM Terminals global network. It is

a joint venture between APM Terminals and the Container Corporation of India Limited (CONCOR-A Government of India undertaking), operating at Jawaharlal Nehru Port Authority located at Nhava Sheva. APM Terminals Mumbai is one of the highest volume handling terminals in India which has handled 2mn TEUs in a year. The terminal has 712 M of quay length and is spread out in 63 Hectares of area. APM Terminals Mumbai is connected to the hinterland via NH4B, NH4, NH17, NH 3 & 8 and a State Highway 54. The upcoming Mumbai Trans Harbour Link (MTHL) will seamlessly connect the terminal with Mumbai. The upcoming Dedicated Freight Corridor (DFC) from Dadri to JNPT will connect the terminal to northern India on electrified route. APM Terminals Mumbai is well connected to 47 ICD locations and 3 CFS across the country via rail.

CCI approves acquisition of equity stake in Future Generali India Insurance by Generali Participations Netherlands N.V n Agencies The Competition Commission of India (CCI) approves acquisition of equity stake in Future Generali India Insurance Company Limited by Generali Participations Netherlands N.V. Generali Participations Netherlands N.V. (GPN / Acquirer) is a wholly-owned subsidiary of AssicurazioniGeneraliS.p.A (“Generali Group”), the ultimate parent entity of the Generali group of companies. The Generali Group is a global insurance provider and is present in the general insurance industry in India through FGIIC. Future Generali India Insurance Company Limited (FGIIC / Target) is a general insurance company engaged in the provision of non-life or general insurance services in India. The proposed combination relates to an acquisition of shares of FGIIC by GPN, an existing shareholder of FGIIC. GPN proposes to acquire approx. 25% of the equity share capital of FGIIC held by Future Enterprises Limited, pursuant to which GPN’s aggregate (direct and indirect) shareholding in FGIIC will stand increased from 49% to approx. 74%.

BHANDARKAR SHIPPING NEWS

Ministers, Sh. Yadav & Sh. Shekhawat released reports on rejuvenation of Major Rivers Contd. from page 3 better resource base to the future through integrative management and combined efforts of all. The rivers along with their tributaries are proposed for forestry interventions in the riverscape under different landscapes namely natural landscape, agricultural landscape and urban landscape. The different models of forestry plantations including timber species, medicinal plants, grasses, shrubs and fuel fodder and fruit trees are aimed to augment water, ground water recharge and contain erosion. A total of 667 treatment and plantation models are proposed in all the 13 DPRs meant for the proposed forestry interventions and supporting activities, in different landscapes. In all, 283 treatment models have been proposed for the natural landscapes, 97 treatments models in Agriculture Landscapes and 116 different treatment models in Urban Landscapes. Site specific treatments in terms of soil & moisture conservation and plantations of grasses, herbs, forestry and horticultural trees have been proposed for

treatment of prioritized sites in the riverscape supported by GIS technique based on consultations with various stakeholders. Throughout this exercise Nodal officers from respective State Forest Departments were associated to coordinate with other line departments. Each DPR incorporates detailed geospatial analysis of the delineated Riverscape, exhaustive review on the river environment, factors responsible for the current state and prioritization of areas using Remote sensing and GIS techniques along with field verification for proposed forestry interventions and other conservation measures through an extensive consultative process and designing and development of various treatment models for Natural, Agriculture & Urban landscape in each of the delineated riverscape. Each DPR consists of Vol. I, II and summary of the DPR in the form of an Overview. Additionally, an Overview as summary of all 13 DPRs is also prepared as abridged document. The DPRs focus on protection, afforestation, catchment treatment,

Six Companies agree to form Strategic Alliance to Develop Japan's First Methanol-fueled Domestic Tanker n Agencies Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co., Ltd., and The Hanshin Diesel Works, Ltd. have agreed to form strategic alliance aimed at reducing environmental impact through the development of methanol-fueled Domestic tanker. The vessel development project, which targets delivery of the ship in 2024, was also selected to receive public funding through the Japanese Ministry of Economy, Trade and Industry (METI) and Ministry of Land,Infrastructure, Transport and Tourism (MLIT), “Subsidy for ‘Project on Transport Efficiency improvement Utilizing using AI/IoT (Demonstration Project on Domestic Ship Innovative Operation Efficiency)”.

Mumbai, Thursday, 17 March 2022 ecological restoration, moisture conservation, livelihood improvement, income generation, ecotourism by developing river fronts, ecoparks and bringing awareness amongst the masses. Research and monitoring have also been included as a component. The proposed cumulative budget outlay of thirteen DPRs is Rs. 19,342.62 crore. The DPRs are expected to be executed through the State Forest Departments as nodal department and with convergence of schemes of other line departments in the states towards the activities proposed in the DPRs and funding support from the Government of India. For ease of implementation by the frontline staff, an Execution Manual in Hindi/Local Languages shall be prepared by the State Forest Departments. Technical support shall be provided by ICFRE. The treatments are proposed to be spread over a period of five years with a provision for additional time for maintenance of plantations. In case of delay in initiation of the project, the proposed outlay of the DPRs shall be adjusted using the Wholesale Price Index (WPI) since the project outlay was worked out as per costs prevailing during 2019-20. During execution, “Ridge to Valley approach” shall be followed and soil & moisture conservation works

7

would precede the plantation operations. Flexibility has been provided in change of species and sites in case the circumstances at the time of implementation so demand. Steering and Executive Committees at the National Level and State level have also been proposed in the DPRs. The activities proposed in the DPRs shall help achieve potential benefits of increasing the green cover, contain soil erosion, recharge water table and sequester carbon dioxide in addition to benefits in the form of nontimber forest produce. Forestry interventions are expected to increase the cumulative forest cover by 7,417.36 km2 across 13 riverscapes. The proposed interventions would help to sequester 50.21 million tons CO2 equivalent in 10-year-old plantations and 74.76 million tons CO2 equivalent in 20-yearold plantations. The proposed interventions in thirteen riverscapes would help in ground water recharge to the extent of 1,889.89 million m3 yr-1, and reduction in sedimentation to the tune of 64,83,114 m3 yr-1. In addition, Rs. 449.01 crore is likely to be generated from expected non-timber and other forest produce. It is also expected that the employment of 344 million man-days shall be generated through planned activities as provisioned in 13 DPRs.

Methanol can reduce emissions of sulfur oxide (SOx) by up to 99%, particulate matter (PM) by up to 95%, nitrogen oxide (NOx) by up to 80%, and carbon dioxide (CO2) by up to 15%, compared to vessels using conventional fuel oil, which is currently the main fuel for marine vessels. Methanol has outstanding properties for use as a fuel, as it is liquid at normal temperatures and normal air pressure. Methanol fuel has been more widely introduced on ocean-going vessels as an environmentally friendly fuel, including four MOL Group-operated ships, but this will be the first methanol-fueled Domestic ship. In addition, methanol can be produced with CO2 and hydrogen as raw material, so in the future, it can be produced by utilizing the CO2 capture and transport business to synthesize hydrogen, which uses electricity derived from renewable resources such as offshore wind power and wave power. If this methanol can be used as fuel, it can establish an environmental circulation type business model, enabling a reduction in net CO2 emissions. The six alliance partners will each orchestrate their advantages in technology, expertise, and networks aiming to realize a decarbonized society.

Published by Vivek Bhandarkar for Bhandarkar Publications and printed at Navin Printers, 13, Krishna Kunj, 143, S. B. Marg, Matunga (W. Rly.) Mumbai-400 016. Editorial/Advertising/Circulation: Regd. Office: 10, Hammersmith Industrial Premises, Sitladevi Temple Road, Mahim, Mumbai - 400 016. Editor: Mrs B V Bhandarkar, Phone: (+91 22) 40764200 (100 lines), Fax: (+91 22) 24444250, e-mail: [email protected] /[email protected] Postal Regd. No. MH/MR/WEST/158/2006-2008 Regd No. MAHENG/2002/7260 Gandhidham: Bhandarkar Shipping News, 18, 2nd floor, Ajanta Commercial Center - 2, Plot No. 279, Ward 12/B, Gandhidham (kutch) 370201. Phone: 09724307499, e-mail: [email protected]

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n BSN Network / New Delhi Ships of the Indian Navy's Western Fleet, INS Chennai and INS Teg, made a port call at Colombo, Sri Lanka, on 10 March 22 for a two day visit. They were received by the Officer of the Guard (OOG) and Sri Lanka Navy band. Upon arrival, Rear Admiral Sameer Saxena, NM, Flag Officer Commanding Western Fleet (FOCWF) visited the IPKF memorial to pay homage to the soldiers that sacrificed their lives for peace in the region. The memorial is also testimony to the inextricable ties between the people of India and Sri Lanka. The Fleet Commander called on Lt Gen Shavendra Silva, WWV RWP RSP VSV USP ndcpsc, CDS and Commander of the

BHANDARKAR SHIPPING NEWS

INS Chennai and INS Teg visit Colombo

Sri Lanka Army, at the Army Headquarters, Battarmula,

Gateway Distriparks - Updated on Merger and Q3FY22 Results

n BSN Network / Mumbai Gateway Distriparks Limited (GDL), a leading integrated inter-modal logistics facilitator in India, announced its unaudited financial results for the December quarter of the current financial year. Please note that with effect from 28th December 2021, Gateway East India Private Limited and Gateway Distriparks Ltd have merged with Gateway Rail Freight Limited. Subsequently, on 11th February 2022, Gateway Rail Freight Limited changed its name to Gateway Distriparks Limited. Consolidated Financials for Q3FY2021-22: Particulars (Rs. Crs) Throughput (TEUs) Total Income

Q3FY22

Q3FY21

180,704 356.04

151,102 316.29

YoY Growth 19.6% 12.6%

Q3FY22

Q2FY22

180,704 356.04

177,389 341.49

QoQ Growth 1.9% 4.3%

EBIDTA

100.24

85.06

17.8%

100.24

96.76

3.6%

EBIDTA Margin

28.15%

26.89%

4.7%

28.15%

28.33%

-0.6%

PAT PAT Margin

47.92

33.24

44.2%

47.92

46.9

2.2%

13.46%

10.51%

28.1%

13.46%

13.73%

-2.0%

Other Highlights: • Net Debt as on December 31, 2021 stands at Rs. 373.87 Crores against Rs. 440.91 Crores as on September 30, 2021. • Gateway Distriparks rating upgraded to ‘IND AA’ by Fitch Group Mr. Prem Kishan Das Gupta, Chairman & Managing Director, commented, “I am happy to announce that we have completed our amalgamation process and now our Rail, ICD and CFS businesses are all under one umbrella – Gateway Distriparks Limited. In the new entity, we are now able to offer a pan India network of ICD and CFS to shipping lines and EXIM customers. In addition, we have a stronger balance sheet and combined cash flows of all businesses available for funding our expansion plans, which we are planning primarily in the North to West industrial corridor for setting up new ICDs. The company has delivered another successful quarter with sustained growth and increased revenue and we foresee this positive trend to continue going ahead.”

and Vice Admiral DNS Ulugetenne RSP & Bar VSV

USP ndcpsc, Commander of the Navy, Sri Lanka Navy, at the Naval Headquarters, Colombo and discussed matters of mutual concern with them. FOCWF also hosted Shri Gopal Baglay, High Commissioner of India to Sri Lanka, for a visit onboard. Many working level interactions are scheduled between naval personnel of the two countries, followed by familiarisation tour of Galle and Kandy for IN personnel, visits of Sri Lanka Navy personnel, school children and local visitors onboard Indian warships. In addition, an interaction between operational teams of the two navies is also scheduled to finalise the schedule of Maritime Partnership Exercise on 12 Mar 22.

Shri Gadkari to Inaugurated pilot project for Hydrogen based advanced FCE Vehicle n BSN Network / New Delhi India is committed to a cleaner energy and lowcarbon pathway for achieving accelerated economic growth. Hydrogen is a key element of the energy strategy and would play a key role in the low carbon energy pathways. Green Hydrogen offers huge opportunities to decarbonize a range of sectors including road transportation and is gaining unprecedented momentum globally. Transportation powered by Green hydrogen are going to be a key technology option of the future with significant application, especially across bigger cars, buses, trucks, ships and trains and best suited for medium to long distances. Aligning with Prime Minister’s vision of achieving Energy Independence, and as a part of Toyota commitment towards promoting sustainability by adopting multiple pathways to enable energy shift from fossil fuel and towards the conservation of our environment, Toyota

Kirloskar Motor Pvt. Ltd. along with International Center for Automotive Technology (ICAT) are conducting a Pilot project to study and evaluate the world’s most advanced Fuel Cell

Electric Vehicle (FCEV) Toyota Mirai which runs on hydrogen, on Indian roads and climatic conditions. This would be a first of its kind project in the country aimed at spreading awareness about Hydrogen, FCEV technology and disseminating its benefits to support hydrogenbased society for India. Union Minister of Road Transport & Highways Shri Nitin Gadkari would be inaugurated this pilot project and also demonstrated Toyota Mirai FCEV on 16th March’2022 at 2. Motilal Nehru Place, Akbar Road, New Delhi.

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