Come to­gether to cap­i­talise

In­au­gu­ral ses­sion un­der­lined the sig­nif­i­cance of South Asia in the global mar­itime trade and also em­pha­sized upon the in­fra­struc­ture chal­lenges that could be over­come in the mu­tual in­ter­est of all part­ners through col­lab­o­ra­tion

Maritime Gateway - - Contents -

With much fan fare South Asia Mar­itime & Lo­gis­tics Fo­rum (SAMLF) made its de­but in Mumbai on Septem­ber 7. The fo­rum was ini­ti­ated jointly by Mar­itime Gate­way and Colombo In­ter­na­tional Mar­itime Con­fer­ence (CIMC), with sup­port from Min­istry of Ship­ping, Govt of In­dia and Min­istry of Port & Ship­ping, Govt of Sri Lanka. The fo­rum is an ef­fort to bring to­gether stake­hold­ers in South Asian mar­itime sec­tor. The fo­rum was well at­tended by 300 na­tional and in­ter­na­tional del­e­gates.

Wel­com­ing the at­ten­dees, Ram­prasad, Pub­lish­ers & Edi­torin-chief, Mar­itime Gate­way said it is time lo­gis­tics ser­vice providers and coun­tries cap­i­talise on each other’s strengths as trade ex­pands. Ram­prasad stressed on the need to come to­gether to ex­change best prac­tices and en­gage closely in the ar­eas of mar­itime skill de­vel­op­ment, in­vest­ment and in­fra­struc­ture de­vel­op­ment, and the Fo­rum will play a piv­otal role to help the cause.

High­light­ing the pos­i­tive trends in the re­gion, Guest of Hon­our

V. Kalyana Rama, CMD, Con­tainer Cor­po­ra­tion of In­dia said that In­dia and South Asia are strate­gi­cally lo­cated with re­gard to global trade and the FTAS signed among the coun­tries in the re­gion is help­ing trade growth but to at­tain true po­ten­tial it is es­sen­tial that link­ages by rail, road and the mar­itime route are fur­ther strength­ened. He said In­dia due to its ge­og­ra­phy has a greater role to play as the bridge link­ing South and South East Asia. Multi-modal lo­gis­tics has also helped the trade by of­fer­ing a mix of marine and sur­face lo­gis­tics ben­e­fit­ting land­locked coun­tries like Nepal and also in­tra-re­gional trade.

Matías Her­rera Dappe, Se­nior Econ­o­mist, World Bank Group elab­o­rated that a 0.1 unit in­crease in ef­fi­ciency can bring down lo­gis­tics cost by 2.3 per cent and boost ex­ports by 1.8 per cent. Hence, Ports in the re­gion need to stay fo­cussed on per­for­mance and ef­fi­ciency.

Guest of Hon­our at the Fo­rum,

H.E. Riaz Hamidul­lah, High Com­mis­sioner of Bangladesh to

Sri Lanka, em­pha­sized upon pol­icy, re­gional eco­nomic co-op­er­a­tion and strate­gic col­lab­o­ra­tion among na­tions to boost trade. He said apart from cargo, there is also po­ten­tial for cruise ser­vice be­tween coun­tries in the Bay of Ben­gal. Hamidul­lah called the mem­bers of the ship­ping com­mu­nity to look be­yond the port and ship­ping sec­tor for in­no­va­tion and form part­ner­ships with others like cargo own­ers to cre­ate the re­quired syn­ergy.

Shailesh Garg, Di­rec­tor –

Gen­eral Man­ager, Drewry Mar­itime Ser­vices, shar­ing his ob­ser­va­tion said con­sol­i­da­tion in the ship­ping in­dus­try has con­trib­uted in terms of re­duc­ing bar­gain­ing power of ter­mi­nal op­er­a­tors, higher mar­ket risks, and pres­sure on port pric­ing. He also shared his thoughts on the trade in the re­gion, con­tainer tran­ship­ment, chal­lenges and op­por­tu­ni­ties.

The in­au­gu­ral ses­sion also wit­nessed re­lease of an­nual

Con­tain­ers In­dia Re­port and also

South Asia Map. At the clo­sure of the in­au­gu­ral ses­sion, all the speak­ers were fe­lic­i­tated with me­men­tos pre­sented by Romesh David, CEO, South Asia Gate­way Ter­mi­nals. Fol­low­ing the clo­sure of the in­tu­itive ses­sion, Ro­han Masako­rala, Se­nior Con­sul­tant, Ports & Air­ports,

SEMA Pres­i­dent Of­fice, Sri Lanka ex­tended vote of thanks. “I am happy to see the de­but event take off well and now there is a fo­rum for South Asia to bring peo­ple to­gether, be­cause ear­lier we were de­tached in spite of be­ing in the same re­gion. The video mes­sage from Ship­ping Min­is­ter

Nitin Gad­kari adds a lot of value and recog­ni­tion to what we are do­ing. In­dia be­ing the largest and fastest grow­ing econ­omy of the re­gion was the best place to host this event,” re­marked Ro­han thank­ing one and all for their par­tic­i­pa­tion.

(L to R) Matías Her­rera Dappe, Se­nior Econ­o­mist,world Bank Group; H.E M Riaz Hamidul­lah, High Com­mis­sioner, Bangladesh High Com­mis­sion­sri Lanka; Shailesh Garg, Gen­eral Man­ager - Man­ag­ing Di­rec­tor, Drewry Mar­itime Ser­vices Pvt Ltd; Ro­han Masako­rala, Se­nior Con­sul­tant, Ports & Avi­a­tion, SEMA Pres­i­dent Of­fice, Sri Lanka; Romesh David, Chief Ex­ec­u­tive Of­fi­cer, South Asia Gate­way Ter­mi­nals (Pvt) Ltd.

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