SHIP­PING & PORTS

It has launched two new ser­vices con­nect­ing In­dia’s Eastern and Western cor­ri­dors, aim­ing to in­crease the do­mes­tic coastal con­tainer­ised cargo mar­ket to a healthy 10-15 per cent in next few years in In­dia

Cargo Talk - - Contents - ANITA JAIN

Shreyas con­nects East and West to en­hance con­tainer­ised cargo move­ment

with in­ter­na­tional ship­ping com­pa­nies get­ting a share of In­dia’s con­tainer­ised cargo traf­fic, Shreyas Ship­ping & Lo­gis­tics (part of Transworld Group) is util­is­ing its full po­ten­tial to build, grow and tap this traf­fic in In­dia. The com­pany re­cently launched two new ser­vices in coastal ship­ping con­nect­ing KochiChen­nai-Visaka­p­at­nam-Kolkata and Mun­dra-JNPT-Hazira sec­tors. The first, from Kochi to Kolkata, link­ing Chen­nai and Vizag will be a fort­nightly ser­vice ini­tially. On the west coast, Shreyas al­ready has a ser­vice from Kochi to Mun­dra via Man­ga­lore. The sec­ond, a weekly ser­vice, will link Hazira with Mun­dra and Jawa­har­lal Nehru ports. Lo­cal cargo, for ex­am­ple, from Gu­jarat can be moved

The diver­sion of five per cent of cargo trans­porta­tion to a wa­ter­borne mode can re­sult in an an­nual sav­ing of around 20 bil­lion and a six per cent re­duc­tion of harm­ful chem­i­cals and pol­lu­tants.”

Capt. V K Singh ceo, Shreyas

by sea to the east coast ports of Vizag or Kolkata us­ing the tran­ship­ment fa­cil­ity be­ing de­vel­oped at Val­larpadam in Kochi. This will not only help ease the pres­sure on road and rail but also save a lot fuel, in­fomed Ramesh S Ra­makr­ish­nan, Chair­man, Transworld Group. Two ships with a ca­pac­ity to carry 1,700 stan­dard con­tain­ers (TEUs) each will be de­ployed for the east coast ser­vice and a smaller 700 TEU ves­sel for the new west coast ser­vice. With the new ser­vices, Shreyas claims to be the first com­pany to link all key ports of In­dia for con­tainer­ised trade of­fer­ing seam­less link con­nect­ing eastern and western coasts. Link­ing of In­dia’s port for move­ment of cargo do­mes­ti­cally will also help Val­larpadam ter­mi­nal, Mun­dra, etc to be pro­moted as a trans­ship­ment hub.

The com­pany’s pri­or­ity is not just to cap­ture a larger mar­ket share with th­ese new ser­vices, but to be­come a mar­ket leader and act as a cat­a­lyst for the growth of con­tainer­ised ship­ping move­ment in In­dia.”

Ramesh S Ra­makr­ish­nan chair­man, transworld Group

Ac­cord­ing to Ra­makr­ish­nan, the com­pany’s pri­or­ity is not just to cap­ture a larger mar­ket share with th­ese new ser­vices, but to be­come a mar­ket leader and act as a cat­a­lyst for the growth of con­tainer­ised ship­ping move­ment in In­dia. He said, “Gen­er­ally, the con­tainer­ised ship­ping aver­age move­ment in other coun­tries is ap­prox­i­mately 30-35 per cent. How­ever, in In­dia the pen­e­tra­tion level of coastal con­tainer­ised ship­ping has not ex­ceeded more than five to six per cent. Through our work and strate­gies, we in­tend to grow this mar­ket and grad­u­ally take this growth to a 10-12 per cent. The po­ten­tial is huge in com­ing years.” Through the two new weekly ser­vices, the com­pany aims to achieve 75 per cent of the to­tal vol­ume in do­mes­tic move­ments from east to west cor­ri­dor.

Elab­o­rat­ing on the im­pact of a ro­bust east-west cor­ri­dor, Capt. V K Singh, CEO, Shreyas said, “Ef­fi­cient trans­porta­tion in­fra­struc­ture by sea has tremen­dous so­cial and eco­nom­i­cal ben­e­fits for the na­tion. Ac­cord­ing to the Min­istry of Ship­ping and Trans­port, the diver­sion of 5 per cent of cargo trans­porta­tion to a wa­ter­borne mode can re­sult in an an­nual sav­ing of around

20 bil­lion and a six per cent re­duc­tion of harm­ful chem­i­cals and pol­lu­tants. The sea mode ef­fec­tively re­duces emis­sion of CO by 29 gm/tonne/km as com­pared to road trans­porta­tion. The cur­rent north-south cor­ri­dor han­dles around three per cent con­tainer­ised cargo by sea mode. With the pro­posed east-west cor­ri­dor, Shreyas tar­gets to achieve five per cent con­tainer­ized cargo shift to the sea mode.

(L to R)- Capt. Vivek Kumar Singh, Chief Ex­ec­u­tive Of­fi­cer; S. Ra­makr­ish­nan, Chair­man & Man­ag­ing Di­rec­tor; V. Ram­narayan, Ex­ec­u­tive Di­rec­tor of Shreyas Ship­ping and Lo­gis­tics re­spec­tively and Varadara­jan, CEO, Shreyas Re­lay Sys­tems

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