INDIAN DREDGING Troubled Sector Gets a Lifeline Indian Dredging Companies That Have Been Facing Multiple Challenges Are Likely to Breathe Easy with New Guidelines
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India’s premier maritime business magazine `100 MARCH 2016 WWW.MARITIMEGATEWAY.COM RNI NO: TELENG/2009/30633 POSTAL REGISTRATION NO: LII/RNP/HD/1137/2016-18 ECMBS 2016: SUMMIT MARKED DATE OF PUBLICATION: 26/02/2016 DATE OF POSTING: 28/02/2016 BY DELIBERATIONS AND BONHOMIE INDIAN DREDGING troubled sector gets a lifeline Indian dredging companies that have been facing multiple challenges are likely to breathe easy with new guidelines. 02 MARITIME GATEWAY / MARCH 2016 Maritime Gateway- 20.5x27.5 CM www.elektrans.net What others see is a consignment. What we see are the dreams of a young India. Elektrans Global: Welcome to a whole new perspective. At Elektrans, we put people before our business. Whether it is our customers or our employees, we strongly believe in our ability to turn their dreams into reality. Our integrated services cover the entire shipping value chain. Come, partner with us, and see the world in a new light. Elektrans is more than just cargo. It is a complete cradle to grave solution: Crew Management Technical Management Commercial Management Training Consolidation Ship Owning Ship Recycling FROM THE EDITOR Boost trade, strengthen relations. If India’s relations with Bangladesh government of India has expressed have notably improved, it is largely its interest in developing a new deep because of Prime Minister Narendra sea, all-weather port at Payra close to Modi’s visits both by the Minister of Chittagong. This too we believe, is after For India to enjoy External Affairs and senior government Dhaka snubbed a few Chinese proposals officials to iron out pending issues and to build a port at Sonadia, closer to continued success improve bilateral trade and cooperation. Andaman and Nicobar Islands. with its closest ally In the last one year there have been With continued effort from private many important developments that lend ports and the Shipping Corporation of it should make sure credence to India wanting to strengthen India mainline vessels now ply between road and rail networks ties with its Bangla brethren. During ports in India and Bangladesh. With his first visit, Modi finalised the land the standard operating procedures between Bangladesh boundary agreement despite strong of the coastal shipping agreement opposition from the Congress and almost finalised, more cargo flow will and North India Mamata Banerjee earlier. India has even take place between the two nations. agreed to sell 100 MW of power from a India has also pushed for connectivity are considerably plant located in Tripura to Bangladesh. between Bangladesh, Bhutan and India improved. We hear that many infrastructure that is now come to be known as the projects are also in the works. Indian BBIN corridor where an extensive road independent power producers beat a network is waiting to be developed. Chinese conglomerate in developing a $ 1.6 billion power plant and will soon For India to enjoy continued success develop and sell power in the energy with its closest ally it should make starved country. There are also talks of sure road and rail networks between a trilateral agreement between India, Bangladesh and North India are Bangaldesh and Myanmar for improved considerably improved. While trade cooperation and trade. flow is important in maintaining a cordial relationship, what will really These developments tell us that India keep the nation together is also people has realised the benefits of a strong and and cultural ties that help in bringing continued relationship with Bangladesh. the two countries closer. And to sustain this relationship, India is using trade as an important tool to build trust and gain confidence with this neighbor. Since the two countries share the Bay of Bengal, maritime trade can be used as an effective tool to R Ramprasad improve trade flow between them from Editor and Publisher the $ 7 billion currently. The Union [email protected] Automate, connect and control with Cavotec’s inspired engineering. Cavotec is a global engineering group that manufactures power transmission, distribution and control technologies that form the link between fixed and mobile equipment in the Ports & Maritime, Airports, Mining & Tunnelling and General Industry sectors. 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All other trademarks are property of their respective owners. © 2015 Terex Port Solutions TPS-Ad-QM-A4-EN-India.indd 1 16.11.15 11:22 CONTENTS volumE 8 | ISSUE 06 | MARCH 2016 28 22 EXIM: INDO-BANGLADESH CVO ER STORY: Short sea shipping: Waiting to be unlocked Once the coastal shipping commences it is going to be the Indian dredging direct short distance trade ever made available between the two companies who have neighbouring trade partners. been facing multiple challenges are likely to breath ease with new ECMBS REVIEW guidelines and projects like Sagarmala. 30 44 INDIAN DREDGING CE O ROUNDTABLE SUMMIT REVIEW: SESSION ONE TROUBLED SECTOR GETS Ease of doing business: H uge growth ahead for the "embrace technology at A LIFELINE east coast ports" End users pinpoint the At the second edition of CEO bottlenecks to be eased out in roundtable where "Ease of doing port operations as the east coast business at ports" was discussed gears up to handle larger cargo in participants felt that technology the backdrop of huge industrial 52 could play crucial role in and manufacturing activity lined EAST COAST: PORTS improving business environment. up in the southern and eastern B righter days ahead hinterland Ports on eastern coast have always played second fiddle to those on the western coast, partly due to