Mumbai Offshore Container Terminal to be Ready by December 2012

The construction of Offshore Container Terminal in Mumbai Port is going on. Due to delays by the Build, Operate and Transfer (BOT) Operator and Dredging Contractor the project got delayed. As per the License Agreement signed between Mumbai Port Trust and M/s Indira Container Terminal Pvt. Ltd., the berth should have been commissioned long back. It has now been rescheduled to December, 2012. 

Both the Ministry of Shipping and Mumbai Port Trust are monitoring the progress of the work. Mumbai Port Trust has appointed an Independent Engineer for approval of Designs, quality control and monitoring progress of the BOT operator. A Project Management Consultant has also been appointed for preparation of estimates, tenders and supervision of works for Mumbai Port component. 

The work is likely to be completed by December, 2012.

MG/aruna
(Release ID :84805)


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Source: Press Information Bureau

Port Sector Target Raised to 244 Million Tonnes in 2012-13

Rs.14,500 Crore to be Spent to Create Capacity Across 42 Projects


After a review of the infrastructure sector by the Prime Minister Dr. Manmohan Singh, a target has been set for the Shipping Ministry for award of projects for creating 244 million tonnes of capacity during 2012-13 spread across 42 projects at an estimated cost of Rs. 14,500 crore. The target also include, obtaining approval of establishing two new Major Ports – one in Andhra Pradesh and another in West Bengal. This was stated by Shri G.K. Vasan, Union Minister of Shipping while inaugurating the National Conclave on Shipping organized by the Federation of Indian Export Organizations in Chennai today. 

The Minister has further stated that in this year’s Union Budget, the tax-free bond scheme has been extended for one more year to enable the ports to raise funds to the tune of Rs. 5,000 crore for various projects. The rate of withholding tax on interest payments on external commercial borrowings has also been reduced from 20 per cent to five per cent for a period of three years for ports and shipyards. These two announcements and a few other incentives offered in Union Budget would certainly provide an impetus for the growth of the port sector in our country, he added. 

The Minister further informed that the comprehensive Land Policy of 2010 aimed at optimal use of land was being revised further to bring in more transparency. 

Shri Vasan said that after the introduction of the tonnage tax regime, Indian shipping which was stagnating around 6 million Gross Tonnage for a decade witnessed a steady growth to reach 11 million Gross Tonnage by the end of 2011. The capacity of Indian ports went up to more that 1200 million metric tonnes by 31.03.2012 from about 1100 million metric tonnes per annum at the end of the previous financial year. 

India’s external trade, as a proportion of GDP has more than doubled in the last 10 years and is close to 40%. Bulk of this international trade is carried through shipping. The Minister expressed the hope that in future, high demand for energy will result in increased import of coal and oil. Similarly the container volumes in India are expected to witness high growth in the years to come. 

The Minister informed that the Ministry of Shipping has also taken up with the Ministry of Finance the need for exemption of Minimum Alternate Tax (MAT) on the book profit on sale of qualifying ships and its inclusion within tonnage tax regime. The inclusion of interest income on funds deployed out of tonnage tax reserve within tonnage tax regime is also among the various other issues that are being taken up with the Ministry of Finance. 

MG/aruna
(Release ID :84930)


Source: Press Information Bureau


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Bhagwat Group Freight Forwarding Network

In the short span of its existence Bhagwat Group has already established its network through its offices in the cities of Mumbai, Gujarat, Delhi, Kolkata, Pune, Chennai and Bangalore. Not only in India but Bhagwat Group also has an operation worldwide through its parent company at USA, UAE, HK, China, Germany, and Thailand.

This gives us an edge over our competitors for all FCL and LCL consignment being handled to and from Europe, American Continent as well as Far East Asia.
Through our network of offices and associates, Bhagwat Group can today boast of serving almost every part of the world.

NOTHING IS IMPOSSIBLE!!!!!
Thanks for your attentions

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source: http://bhagwatgroup.com/index/index.php/services/supply-chain-solutions/our-network/

Announcement from IMPORT AND EXPORT AIR AND OCEAN FREIGHT QUOTES

ATTENTION ALL IMPORTERS AND EXPORTER.

Bhagwat Group Corporation will answer any of your questions with regard to the importing and exporting of freight to and from the India.

Let us help improve your company's bottom line by reducing your freight cost. Send all your inquires to

this group email id : marketing@bhagwatgroup.com

More information please visit >>>> http://bhagwatgroup.com/index/index.php/services/supply-chain-solutions/freight-forwarding/

Tag : Supply Chain, Import Export Consultant, Freight Forwarding, Air Freight, Sea Freight, LCL cargo, Delhi Freight Forwarder, Shipping Line

Indian Railways Institute of Logistics & Materials Management

The Institute (IRILMM), was registered as a society under societies registration act XXI of 1860, on 8th August 1997, to fulfill the long felt need of a national body which would specialize in Logistics and Materials Management in the area of Supply Chain Management in general and Public Sector in particular. The Institute has been founded by professional Supply Chain Managers belonging to the Indian Railways Stores Services (IRSS), with the sole objective of spreading the knowledge in the relevant fields and enabling everyone associated with the Supply Chain Management achieve excellence in the field, with all round efficiency, quality and economy.

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Tag: indian railway supply chain management, railway shipment, institute of logistics & materials management

Source: http://www.irilmm.com/

Life of a Freight Forwarder - This is the true reality

We are capable of calculating quotations for three major projects, making booking for 6 different shipments and answering 12 totally unnecessary calls per hour, all simultaneously. We do not require sleep and are at your service 25 hours a day, 8 days a week. Our home numbers are your numbers.
We are responsible for production delays, traffic jams, and mechanical problems with trucks, aircraft and ships and depressed economic conditions overall.

We are totally responsible for any lost or damaged freight and will personally replace it upon request.
We have powers which allow us to add unlimited weight and volume to and upon an already overloaded truck. We create miracles by loading unlimited weight and volume into airline/ sea freight containers. Furthermore, we can always motivate drivers to be your free-of-charge temporary employees to help with loading and unloading.

Yesterday's delivery requirements with cargo loading today are regularly completed the day before yesterday, ten times a day, every day. We know that when you order a truck for loading on Monday that you really needed it on Saturday, but that you only want the overnight load delivered the following Wednesday. You want us to be at the office on weekends & public holidays to unload your goods at 2 am to ensure that your truck returns in time for your normal deliveries.
 
We are always friendly with a smile, have mastered telepathy, show empathy and gladly act as our customers' psychiatrists. We embrace the challenge when you cancel the space with the airline and one hour later expect the airline to hold the space for you just in case you require the capacity again, and do this daily.
 
We embrace the opportunity that you allow us to develop our negotiation skills with airline staff in securing capacity on already overbooked flight and allowing us to freely negotiate a cheap spot rate for the freight as well.
 
We speak all languages and know the location of even the smallest town anywhere in the world.
  
We are able to obtain a freight rate inclusive of clearance and door delivery to the strangest of places at a moment's notice. At your request we can comply with any and all additional requirements your company may have.
We also repair vehicles and computers
For undisturbed road traffic, we have clocked our vehicles and if that does not resolve a traffic jam, we are capable of freeing the roads of traffic, upon request,  in order to meet cut-offs.
   
Naturally, payment of our invoices is optional, and if your company has financial difficulties we will gladly advance unlimited funds for as long as you require them.
 
Our lives have been enriched by the endless opportunities that you have allowed us to experience.
 
Sincerely,
 
Your Eternally Grateful Freight Forwarder

Regards,
Team Bhagwat Group Corporation
www.bhagwatgroup.com
 

HR Solutions at Bhagwat Group

Bhagwat Group Corporation, headquartered in Delhi, is a leading end-to-end HR solutions company with a focus on Executive Search, Recruitment, Learning and Temporary Staffing services to client organisations. Our organisation network includes offices spread across 7 major Indian cities and an international presence in Singapore, Bhagwat Group is the fastest growing HR company in India.

Founded in 2010 by Mr. Prabin Kumar, Bhagwat Group Consultants is the pioneer of organised recruitment services in India. Over the years, we have acted as preferred recruitment partners to multinationals and leading Indian businesses to emerge as the leading recruitment brand nationally. This combined with our role as trusted consultants for Indian professionals translates into our core capability – Shaping Careers, Building Organisations.

As a leading staffing company, we always strive to connect time-strapped employers with skilled job candidates. Our staffing services are better than the rest of staffing firms in today’s competitive market in terms of quality, response time, and credibility of the executive being hired. If you desire a proficient staffing consultant, Bhagwat Group Corporation is the company for you.

One of the primary factors which make Bhagwat Group a unique and efficient staffing company is the emphasis that is being given on fact finding and research. Our team of dedicated professionals invests a great deal of their time to understand the exact requirements, desired experience, responsibilities, and expectations the position entails. This makes us a reliable and result-oriented staffing agency that aims towards offering the best staffing solutions to all its clients.

Our clients feel confident with our staffing services because we keep your personal information confidential while seeking information. Being a reliable staffing consultant, our commitment is always towards providing you with the best in the market.

Our massive database of qualified and experienced job seekers makes us one of the trusted names amongst numerous staffing agencies in the market. Unlike other staffing companies, Bhagwat Group operates from a position of mutual accountability and respect.

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Company Website: www.bhagwatgroup.com

Tag: HR solutions, job solutions, consultancy services, online job consultancy, job seekers

Source: bhagwatgroup.com