It was an evening where the famous and the familiar working at the sea and the shore came together to celebrate each other?s strengths. The Gateway Awards 2014 was organised to recognise, cherish and honour the contribution of men and their machines to sea trade
Container traffic in India has seen strong traction in the last few years with the country improving its trade and bilateral ties, partnering with more countries in Asia and Far East than in the past. This has helped widening the basket of export and import commodities.
India Maritime Week Version 2.0, stands by its commitment to help every sector grow in the industry. For, by and to the shipping trade. The industry gauged the collective responsibility of all its stakeholders for a bigger, better and brighter future for the country’s sea trade.
AFTER BIFURCATION, THE NEWLY CARVED STATE OF ANDHRA PRADESH SAILS ON A HOPE TO BOOST THE ECONOMY BY DEVELOPING THE COAST LINE INTO A MAJOR MARITIME HUB. INDUSTRIAL CORRIDORS FROM VIZAG TO CHENNAI WILL LINK THE PORT CITIES FUELLING GROWTH. IN ADDITION, MANUFACTURING AND INDUSTRIAL CLUSTERS BEING PLANNED WILL HELP THE STATE AUGMENT EXPORTS AND IMPROVE ITS FISCAL HEALTH.
With a stable government at the Centre and an increased focus on infrastructure segment, project cargo movement is set to gain momentum. Logistics players are looking at taking advantage of the new opportunities coming up in power and manufacturing segments.
Despite a sluggish trend in automotive exports, the segment offers huge growth opportunity in future. Being a cost competitive manufacturing base, India is an attractive destination for foreign automobile companies and most of them are looking at ramping up production facilities. But, with most ports in India lacking dedicated Ro-Ro terminals and facing connectivity and congestion issues, the country has to look at addressing issues related to infrastructure and logistics to take advantage of the projected growth in exports.
Energy security issues and high spend in exploration and production by private and government-owned companies have made India an attractive market for offshore shipping service providers. If the government is able to support this surge in demand with policy guidelines, the segment will grow further.
With the changing dynamics of global trade and the development of P3 as well as the G6 and now the CKYHE alliances, new maritime hubs are likely to emerge in Asian region. Apart from the size of trade, superior infrastructure, ability to handle large ships and competitive tariffs will be the key success factors of any hub.
As the year 2013 draws to an end and the year 2014 begins, maritime industry is looking forward to a New Year that can bring in some positive changes. The mood is optimistic as the industry feels the greenshoots of developments in the previous year may lead to ?fruitful? days ahead.
It was an evening where the famous and the familiar working at the sea and the shore came together to celebrate each other?s strengths. The Gateway Awards 2014 was organised to recognise, cherish and honour the contribution of men and their machines to sea trade
Container traffic in India has seen strong traction in the last few years with the country improving its trade and bilateral ties, partnering with more countries in Asia and Far East than in the past. This has helped widening the basket of export and import commodities.
India Maritime Week Version 2.0, stands by its commitment to help every sector grow in the industry. For, by and to the shipping trade. The industry gauged the collective responsibility of all its stakeholders for a bigger, better and brighter future for the country’s sea trade.
AFTER BIFURCATION, THE NEWLY CARVED STATE OF ANDHRA PRADESH SAILS ON A HOPE TO BOOST THE ECONOMY BY DEVELOPING THE COAST LINE INTO A MAJOR MARITIME HUB. INDUSTRIAL CORRIDORS FROM VIZAG TO CHENNAI WILL LINK THE PORT CITIES FUELLING GROWTH. IN ADDITION, MANUFACTURING AND INDUSTRIAL CLUSTERS BEING PLANNED WILL HELP THE STATE AUGMENT EXPORTS AND IMPROVE ITS FISCAL HEALTH.
With a stable government at the Centre and an increased focus on infrastructure segment, project cargo movement is set to gain momentum. Logistics players are looking at taking advantage of the new opportunities coming up in power and manufacturing segments.
Despite a sluggish trend in automotive exports, the segment offers huge growth opportunity in future. Being a cost competitive manufacturing base, India is an attractive destination for foreign automobile companies and most of them are looking at ramping up production facilities. But, with most ports in India lacking dedicated Ro-Ro terminals and facing connectivity and congestion issues, the country has to look at addressing issues related to infrastructure and logistics to take advantage of the projected growth in exports.
Energy security issues and high spend in exploration and production by private and government-owned companies have made India an attractive market for offshore shipping service providers. If the government is able to support this surge in demand with policy guidelines, the segment will grow further.
With the changing dynamics of global trade and the development of P3 as well as the G6 and now the CKYHE alliances, new maritime hubs are likely to emerge in Asian region. Apart from the size of trade, superior infrastructure, ability to handle large ships and competitive tariffs will be the key success factors of any hub.
As the year 2013 draws to an end and the year 2014 begins, maritime industry is looking forward to a New Year that can bring in some positive changes. The mood is optimistic as the industry feels the greenshoots of developments in the previous year may lead to ?fruitful? days ahead.
