News

‘Ports should focus on ease of doing business,delivering value to customers’

Our Bureau Visakhapatnam | Updated on November 08, 2019 Published on November 08, 2019

Union Minister of State for Shipping (Independent Charge) Mansukh Mandaviya speaking at the inaugural of the 'BIMSTEC Ports' Conclave in Visakhapatnam   -  KR DEEPAK

Ports should focus on ease of doing business and delivering the value to the customer, and for that co-operation among all the stake-holders, especially the government agencies, is needed, according to P Raveendran, the Chairman of Chennai port.

Raveendran was chairing a session on port services on Friday, the concluding day of the two-day Bay of Bengal Initiative for Multi-sectoral Technical and Economic Co-operation (BIMSTEC) ports’ conclave.

“In the global supply chain, ports play a vital role and a country’s economic growth and prosperity largely depended on them,” Raveendran said.

Rinkesh Roy, Chairman, Paradip port, explained the steps taken by the port to pave the way for hassle-free cargo movement and evacuation and how it had resulted in a 60-70 per cent jump in volumes. “We are focussing on infrastructure development, transparency system and taking care of ecological concerns. Single window system and e-services have played a key role,” he explained.

UD Jayatissa, Director (Logistics) of Sri Lanka Ports’ Authority, explained, how Colombo port had emerged as a major container hub in Asia and the importance of containerisation. “Container vessels are getting bigger and all the ports, including Visakhapatnam which has a container terminal, should gear up for that,” he said.

DK Srinivas, Principal Commissioner of Customs, Visakhapatnam, spoke about the role of Customs in making port operations easy for customers. U Sein Win, representative of Myanmar, and Ugyen Tshering, the representative of Bhutan, also spoke.

K Ramamohana Rao, the Chairman of Visakhapatnam port, thanked all the delegates.

Published on November 08, 2019

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.