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Tuesday, March 25, 2008

The need to hype sea life glamour

The dire shortage of ship board officers world wide which is set to increase literally got the captains of the Maritime Education and Training (MET) institutions who came together for the GlobalMET seminar racking their brains trying to figure out how best to overcome the problem. The organisers - the Global Maritime Education and Training Association (GlobalMET) - prudently selected the theme 'A Rewarding Career at Sea and Beyond ...a Challenge for MET' for the March I5, Mumbai seminar with the hope of coming up with some satisfactory answers.

The captains of the Maritime Education and Training (MET) institutions who came together for the GlobalMET seminar which was held at the MTI auditorium of Shipping Corporation of India at Powai, Mumbai discussed the dire straits the shipping industry finds itself in with the officer shortage.

GlobalMET also known as the Global Maritime Education & Training Association comprises of over 100 members in 33 countries formed with the objective to promote,

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Wednesday, March 19, 2008

Leveraging export growth with car hubs

The upcoming car hubs at various ports could well set the pace for a faster export growth. This is evident following the announcements in quick succession, all within a week's time in the month of February this year, of the setting up of three hubs at Mundra, Chennai and Ennore.With this car shipments from the country are bound to zoom once the hubs come into place.

It began with Mr Shinzo Nakanishi, Managing Director and CEO of Maruti Suzuki India Ltd (MSIL) signing an agreement on February 20th with Mr Gautam S. Adani, Chairman and MD of Mundra Port and Special Economic Zone Ltd (MPSEZ) for a mega car terminal, which is expected to be operational by December 2008, at Mundra in Gujarat. A few days later, Chennai and Ennore ports announced the setting up of car hubs at their ports for which separate agreements were signed.

"The initial investment in the Mundra car hub project of around Rs 100 crore will go toward providing storage space, repairs, painting and refurbishment of the vehicles prior to shipment," stated Capt Sandeep Mehta, CEO of Mundra Port, the largest private port in the country.

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Wednesday, March 12, 2008

JSW on fast tract growth in ports, ship buildig

JSW Infrastructure & Logistics Limited, part of Sajjan Jindal's JSW group is all set to become a leading player in the country in the maritime sector. The company is setting up four ports, two shipyards and a number of airports projects which when commissioned, all these proposals are expected to promote the groups' various down stream projects including power, steel and other related segments.

Already under development is the company's port and ship building yard in Jaigarh set to be commissioned in two years time. JSW Infrastructure & Logistics is now in the process of embarking on developing four more

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Tuesday, March 4, 2008

Higher prospects in infrastructure presented at Shipping & Marine Expo

The Shipping & Marine World Expo 2008, the three-day conference and exhibition extravaganza held from February 13 to 15, 2008 was inaugurated by H.E. Dr A. P. J. Abdul Kalam, former President of India..

Organized by the CHEMTECH Foundation, it provided insights with the expectations, challenges and opportunities for Indian Marine, Shipping, Ports and logistics service providers and manufacturers, to become globally competitive by showcasing the latest innovations and bridging the gap between technology provider and users. The Shipping & Marine World Expo 2008, the three-day conference and exhibition extravaganza held from February 13 to 15, 2008 was inaugurated by H.E. Dr A. 2 J.Abdul Kalam, former President of India.. Organized by the CHEMTECH Foundation, it provided insights with the expectations, challenges and opportunities for indian Marine, Shipping, Ports and logistics service providers and manufacturers, to become globally competitive by showcasing the latest innovations and bridging the gap between technology provider and users.


According to Mr S. Hajara CMD of Shipping Corporation of India (SCI) and the Chairman Central Advisory Board Shipping & Marine World Expo., The Indian maritime sector has entered a high-growth phase fuel led by the country's spectacular economic growth and rapidly increasing seaborne trade. The most striking feature of this development is the simultaneous buoyancy in all the sub-sectors: shipping, ports and shipbuilding. This provides tremendous opportunities for all the players in the maritime field.

Speakers who made presentation at the conference saw opportunities galore in every segment of the Indian maritime sector. They felt that nearly every major player of international repute has set up base in India and is vying for a share of the pie. Some of the speakers felt that the current development albeit at a scorching pace, was skewed and in some areas it could lead to unhealthy trends.


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