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FIATA comes to India
In September 2018 FFFAI (Federation of Freight Forwarders Association in India) would be hosting the first international Freight Forwarder's conference in New Delhi - the FIATA World Congress. It would be the first time an international conference on Logistics and Freight Forwarding would be held in India. What is there for the Indian Freight Forwarders? What can they look forward to in this mega conference?
FIATA (Federation Internationale Associations Transitaires Assimiles and in English and International Federation of Freight Forwarders Associations) is the leading non governmental organization in the field of transportation and logistics. It is the global voice for Freight Forwarders, comprising of members from 126 countries.
The right to host the conference in India was wrested after a stiff competition from other countries wanting to hold this prestigious event.
Current chairman of the FIATA Congress Stanley Lim, in a recent press conference said that this would be an ideal opportunity for Indian Freight Forwarders to showcase their expertise and at the same time for the outside world to know the potentiality existing in Indian freight forwarding business. It would be an opportunity for the Indian Freight Forwarders to interact with their foreign counterparts not just to learn their best practices, but to build contacts and build partnerships.
FIATA covers multiple modes of transportation and is involved in policies that govern the freight forwarding industry. FIATA is segmented into Institutes, Advisory Bodies, and Working Groups.
Together they deal with every aspect international movement of cargo, including the latest developments and the future trends in the freight forwarding industry.
The conference in India also includes an event called YLP or Young Logistics Professional. This event is for university students to encourage them to join the logistics industry. FFFAI too has an institute to which conduct courses in freight forwarding. Freight forwarding is becoming big business in India. All the major multinational freight forwarding companies are already operating in India. It is of paramount importance to have qualified personnel administering shipments. Any lax in handling can have legal claims going into crores of money that can be devastating for any company. As Lim presciently said,"education is expensive, but ignorance costs more."
This conference is expected to be attended by over a thousand delegates. India has become the cynosure for the people who are interested to seek business opportunities in India. As Lim said the world was now looking at India. The world wants to know what was happening in India. With the various government initiatives manifesting itself in the improvement in the Ease of doing Business, their interest in India is definitely not unfounded. The timing of the conference is spot on.Posted On:16-Feb-2018
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Russian Navy destroyer fire, Vladivostok, VIDEO
Fire started in engine room area of Russian Navy destroyer MARSHAL SHAPOSHNIKOV in the morning Feb 16 in Vladivostok, Russian Far East. Firefighting emergency center was alerted at 1004 Vladivostok time (UTC + 10; Moscow + 7), 11 fire engines and 48 firefighters were deployed. At 1030 all 106 crew were evacuated. By 1330 fire was said to be put under control and extinguished, no injures reported.Posted On:16-Feb-2018
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Hafnia Tankers Inks Sale and Leaseback in Japan
Hafnia Tankers completes sale and leaseback deal for one of its LR1 tankers in the Japanese market.Posted On:16-Feb-2018
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Clarksons: Bulk Carrier Deliveries to Keep Shrinking
Clarksons: Deliveries in the bulk carrier sector are set to continue on a downward trend in the next few years.Posted On:16-Feb-2018
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Ocean Yield Enters Dry Bulk Sector with Louis Dreyfus Deal
Ocean Yield acquires its first two 2018-built handysize dry bulk vessels with 12-year bareboat charters.Posted On:16-Feb-2018
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Dynagas Pushes Purchase Options for LNG Carrier Duo
Dynagas LNG Partners LP has decided to extend the deadline for purchasing two LNG carriers.Posted On:16-Feb-2018
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Big Reveal of New Saudi Arabian JV Yard at Posidonia 2018
Saudi Aramco, Lamprell, Bahri and HHI to unveil its IMI joint venture at this year s Posidonia.Posted On:16-Feb-2018
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Hexagon Lincoln gets its first maritime contract
Hexagon Lincoln gets its first maritime contract Lincoln Journal StarHexagon expands its Mobile Pipeline business into the maritime industry London South East (blog)Full coveragePosted On:16-Feb-2018
Credits: journalstar.com |
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SafeWaters Forms Agreement with Aspen Insurance to Expand Ocean Marine Coverage
SafeWaters Forms Agreement with Aspen Insurance to Expand Ocean Marine Coverage Insurance JournalFull coveragePosted On:16-Feb-2018
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BIMCO Lists Three Best Performing Bulk Terminals
BIMCO Lists Three Best Performing Bulk Terminals MarineLinkFull coveragePosted On:16-Feb-2018
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LNG bunkering industry in Malta
Ports which have a leading role in Europe have already set up LNG bunkering facilities and hence if Malta wants to retain its status as a maritime hub, the question is not if it should set up LNG bunkering facilities but how soon it can do that. Some ships in Northern Europe have been using ...Posted On:16-Feb-2018
Credits: www.hellenicshippingnews.com |
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Port of Westport to close to foreign shipping
The port of Westport is to be closed to foreign shipping. Buller District Council voted last night to revoke the security status of its port, which means ships from overseas will no longer be able to enter the West Coast town. It follows moves by the council to take over the port’s operations from next ...Posted On:16-Feb-2018
Credits: www.hellenicshippingnews.com |
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Container throughput drives growth in Rotterdam
Particularly strong growth in container throughput of 12.3% (in tonnes) was the main driver of growth in the port of Rotterdam throughout 2017. Total cargo throughput rose by 1.3%, with the port returning to the growth trend seen before 2016. Total tonnage increased from 461 million to 467 million. The increase in containers was offset ...Posted On:16-Feb-2018
Credits: www.hellenicshippingnews.com |
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