Trade Chronicle May - June 2020

TRADE CHRONICLE
India invites global vessel owners
to register ships in country
The government of India has invited
global vessel owners to flag their
ships in India to take advantage of
the ‘Make in India’ policy.
The government has recently revised
its ‘Make in India’ policy for public
procurement, under which no global
tender enquiry will be issued, except
with the approval of the competent
authority, for the procurement of all
services with estimated value of less
than ₹200 crore.
“It is estimated that the ‘Make in
India’ policy will provide an
opportunity to at least double the
number of Indian flag vessels in the
immediate term - from the present
approximately 450 to at least 900
Turkey to enhance cooperation
in Maritime Sector
Turkish Ambassador to Pakistan, Hsan
Mustafa Yurdakul, called on Federal
Minister for Maritime Affairs, Syed Ali
Haider Zaidi, in Islamabad to discuss
widening the Pak-Turkish cooperation in
maritime sector.Since the Turkish
Minister for Transportation, Mr. Cahit
Turhan, supported the proposal for Visa
facilitation to Pakistani seafarers during
his visit to Pakistan in February 2020, the
matter was also brought into discussion.
Pakistan is also expected to benefit from
the vast experience of Turkish ship
building and maintenance of pilot boats
and tug boats. Further SOPs are
underway to attract Turkish collaboration
in the Maritime Services company in the
domain of dredging etc. Materializing the
vision of Minister for Maritime Affairs to
turn Pakistan into Maritime Nation,
Pakistan is actively developing its
industrial zones ancillary to ports hence,
the meeting also included discussion on
Pak-Turkish cooperation in development
of the joint Industrial port city.
T h e T u r k i s h
c o m p a n i e s w i l l
b e n e f i t f r o m
establishment of
industrial units in
Gawadar Free Zone
and Bin Qasim
Industrial Zone with
t h e i r p r o d u c t s
having expeditious
access to eastern
and western China
once the CPEC is
fully operational.
Bulk ship with fertiliser for Afghanistan
berths at Gwadar Port
and more over a period of 3 years -
leaving further scope for additional
investment in the Indian flag
tonnage,” Ministry of Shipping said
in a statement.
W i t h a m o d e r n m a r i t i m e
administration, continuous supply of
trained seafarers, ship management
skills are already available, ship
owners worldwide are invited to now
flag their ships in India to take
advantage of the Make in India policy
in respect of transportation of
government cargoes.
Shipping Minister, Mansukh
Mandaviya, has reviewed the
readiness of Indian shipping for
implementation of the government’s
Cargo Transportation Policy, the
statement said.
A ship carrying 16,400 tonnes of DAP
fertiliser for Afghanistan anchored at the
Gwadar Port on 29.5.2020.
The ship brought fertiliser from Australia
under the Pak-Afghan Transit Trade
Agreement. This is the first time Gwadar
port is being used for import of urea by
t h e A f g h a n
government.
T h e c h a i r m a n o f
Gwadar Port Authority,
N a s e e r A h m e d
Kashani, said that with
the arrival of the urealoaded
ship, the
Gwadar Port had been
opened for Afghan
transit trade.`Another
ship loaded with 16,000 tonnes of urea
and 500,000 tonnes of sugar and wheat
would reach the port next month,` Mr
Kashani told Dawn, adding that urea
consignment would be sent to
Afghanistan by road.
The opening of Gwadar Port for
Afghanistan`s import and export of goods
would create a lot of job opportunities for
the people of Gwadar and Makran.
`We are happy to see start of trade
activities at the Gwadar Port which will
improve the living standard of the local
people,` Muhammad Essa Baloch, who
runs a small business in the area,said. He
said that the opening of the port would
also help the transport sector to flourish in
the area and would provide jobs to the
local people.
TRADE CHRONICLE - May.~ June. 2020 - Page # 19