GUJ-01-08-2024 by Daily Shipping Times

by Dr. Pramod Sant

Folk Maritime : Introducing India to Middle East connectivity

a Saudi Arabia-based provider of feeder and short-sea services across the Middle East and beyond, has announced its first foray into the Indian market.

Headquartered in Riyadh, Folk Maritime will leverage the advantages of its distinctive geographic location, introducing services ex India to both the Red Sea and Arabian Gulf. This new endeavor aims to improve connectivity, optimize logistics efficiency, and reinforce sector capabilities.

A Public Investment Fund company, Folk Maritime aspires to be one of the largest regional carriers in the Gulf trade.

Placing efficiency and sustainability at the forefront of its operations, it will champion shipping that is professional, customer-centric and cost-effective, supporting the growth of the region’s vital maritime sector, in alignment with the Kingdom’s goal to become a Global Logistics Hub.

Folk Maritime is set to become a critical player in the market and will help to strengthen the growing logistics sector in the Red Sea, Arabian Gulf and beyond.

Seastar Global Shipping and Logistics LLP (Parekh Group Company) will represent Folk Maritime in India and will be responsible to ensure the success of all the services ex-India. Dr. Pramod Sant

GOODRICH MARITIME : 1st Rail service from Allied ICD to Nhava Sheva and beyond via Multimodal movement

MUMBAI: GOODRICH MARITIME PVT. LTD. has announced the launch their first full train rake service from ALLIED ICD SERVICES LIMITED ICD Durgapur West Bengal to Nhava Sheva Port for further Multimodal cargo movement to the Middle East, informs a recent communique from GOODRICH MARITIME.

Allied ICD Services Ltd. (AISL) is the custodian of ICD Durgapur in West Bengal, the only AEO Certified Inland Container Depot in Eastern India

APM Terminals Pipavav's Healthcare Initiatives Transform Local Communities

P I PAVAV : A P M Te r m i n a l s Pipavav has announced significant milestones in its healthcare initiatives, demonstrating the c o m p a n y ' s c o m m i t m e n t t o improving the well-being of local communities.

The port's 24/7 Advanced Life S u p p o r t A m b u l a n c e ( A L S ) , operational since May 2022, has completed 1,031 medical emergency trips, benefiting 1,292 villagers.

N o t a b l y, 7 4 % ( 9 5 8 ) o f t h e beneficiaries are women. The ALS ambulance, dedicated to serving villages in the immediate vicinity of the port including Rampara, Bherai, Shiyalbet, as well as truck drivers, helpers, and migrant workers, has proven to be a lifeline for the community With its ability to reach emergency sites within six minutes, the ambulance is equipped with a trained emergency medical technician and essential equipment to provide critical care en route to the hospital.

Mr Girish Aggarwal, Managing Director of APM Terminals Pipavav, commented: "The success of our healthcare initiatives demonstrates our strong commitment to the communities we serve. By providing vital medical services, we're not just saving lives, we're contributing to the overall health and resilience of our neighboring villages."

APM Terminals Pipavav's healthcare efforts extend beyond emergency services. The company operates a Mobile Health Unit (MHU) that regularly visits Rampara, Bherai, Shiyalbet, Thavi, Divalo, Devpara, and Padar. Staffed with health professionals and equipped with basic medicines and testing kits,

the MHU brings primary healthcare to the doorsteps of villagers. Additionally, residents benefit from the Port Medical Centre.

The combined efforts of the ALS, MHU, and Port Medical Centre result in more than 2,000 villagers receiving medical treatment each month.

In collaboration with Sudarshan Netralaya, Amreli, APM Terminals Pipavav also organizes bimonthly eye check-up camps, serving patients from over 70 villages. Since its inception, these camps have benefited more than 5,000 villagers through OPD treatments and facilitated over 1,000 cataract surgeries.

APM Terminals Pipavav's comprehensive Corporate Social Responsibility (CSR) program, which focuses on various aspects of community development, including education, environment, skill development, and women empowerment. As APM Terminals Pipavav continues to grow as one of India's leading gateway ports, it remains dedicated to fostering the well-being of local communities, creating a positive impact that extends far beyond its operational boundaries.

Govt puts Concor privatisation on backburner

NEW DELHI: The Government has put the privatisation of Container Corporation of India Ltd (Concor) on the backburner, an official said In November 2019, the Union Cabinet approved the strategic sale of a 30 8 per cent stake, along with management control, in Concor -a Navratna PSU under the Railways

Ministry The Government currently holds 54.80 per cent of Concor

"The Government is unlikely to push Concor's strategic sale. There are some concerns from Railways Ministry as also investors," the official said.

The official further said that with the Government holding in the

company at 54.80 per cent, there is little scope for coming out with an offer for sale (OFS) in Concor

Although the Cabinet approval for the Concor sale was accorded in 2019, no worthwhile progress has so far been made, and even an Expression of Interest (EOI) has not been invited for the strategic sale.

India-Maldives FTA : President Muizzu thanks and hopes to sign pact

MALE : Maldives President Mohamed Muizzu, recentky, thanked India for financially supporting the island nation in easing its debt repayment President Muizzu also expressed his hopefulness that India and Male would forge stronger ties and sign a free trade agreement.

The Maldives administration is in the process of negotiating a Free Trade Agreement (FTA) with the United Kingdom and aspires to reach similar

terms with India, said President Muizzu. He even stated that India will continue to remain the Maldives’ “closest ally” and mentioned there should not be any doubts about it Muizzu’s affirmation came during his address at the official Independence Day celebrations in Maldives. He commended Maldives’ foreign policy administration, marking eight months of ‘diplomatic success,’ ANI reported quotingtheMaldivesPresident’sOffice

President Muizzu expressed gratitude to India and China for their support in easing the Maldives’ debt repayment, thereby enabling the c o u n t r y t o e n s u r e e c o n o m i c sovereignty. He further added that the Maldives government is in talks for negotiating currency swap agreements with India’s capital New Delhi, and Beijing, in China. These agreements would help alleviate the local shortages ofUSdollars,saidMuizzu

Cargo handled at Indian Airports up 14% in Q1 on International boost

MUMBAI: Cargo handled at Indian airports increased 14 percent at 906,390 tonnes in the first quarter of financial year 2024-25 (April to June 2024) on 18 percent increase in international shipments at 568,240 tonnes

Domestic freight increased seven percent to 338,150 tonnes in the first

quarter, according to the latest update from the Airports Authority of India. Fo r J u n e , c a r g o h a n d l e d increased 16 percent to 311,110 tonnes with international freight increasing 20 percent to 194,260 tonnes.

Bengaluru Airport reported a 25 percent increase in international

freight for the first quarter at 79,014 tonnes followed by Delhi (24 percent) at 178,400 tonnes and Mumbai (12 percent) at 161,782 tonnes.

On the domestic front, Bengaluru reported a 15 percent increase at 45,699 tonnes while Mumbai reported a five percent gain at 59,096 tonnes.

ZIM INTEGRATED SHIPPING SERVICES

m.v. “KMTC DUBAI” V - 2404E

The above vessel is arriving at MUNDRA PORT on 09-08-2024 with Import Cargo in containers.

Item Nos. B/L NOS.

157 ZIMUORF970546

158 ZIMUSYD000030664

159 ZIMUSYD000030665

160 ZIMUTRT928196

Item Nos. B/L NOS.

161 ZIMUTRT928340

162 ZIMUVAN957505

163 ZIMUVAN958091

Item Nos. B/L NOS.

164 ZIMUVAN958142

165 ZIMUVAN958195

166 ZIMUVAN958197

Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.

Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.

As Agents :

ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201 Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433 Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com

Mr. Vijay Anand - 9824504315 Email : anand.vijay@zim.com

Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com

TO CONSIGNEES

m.v. “MSC ADELE” Voy : XA429A

I.G.M. NO. 2383939 Dtd. 30-07-24 Exch rate 86.23

The above vessel is arriving on 07-08-2024 at MUNDRA PORT with Import cargo from FREMANTLE. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

KANDLA SEZ/GANDHIDHAM MUNDRA PORT SEZ

The above vessel is arriving on 07-08-2024 at MUNDRA PORT with Import cargo from BRISBANE. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

above vessel is arriving on 07-08-2024 at MUNDRA PORT with Import cargo from ADELAIDE,

Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

Consignees are requested to kindly note that the above item Nos. are for the B/L Nos.arrived for Mundra Delivery. Separate IGM will be lodged with Kandla Customs for CFS - Gandhidham. Consignees are requested to collect Delivery Order for all imports delivered at Mundra from our Import Documentation Deptt. at Siddhi Vinayak Complex, 2nd Floor, Off. No.201-208, Opp. Reliance Petrol Pump, Nr. Rotary Circle, on Presentation of duly discharged Original Bills of Lading and payment of relevant charges. The container detention charges will be applicable after 5 days from the GLD for containers meant for delivery at Mundra. The containers meant for movement by ROAD to inland destinations will be despatched upon receipt of required documents from consignees/receivers and the consignees will be liable for paymeant of port storage charges in case of delay in submission of these Documents. Our Surveyors are M/s. Master Marine Services Pvt. Ltd. and usual survey conditions will apply.Consignees are also requested to note that the carriers and their agents are not bound to send individual notification regarding the arrival of the vessel or the cargo.

- Charges enquiry on land line - 619100

- IGM No./Item No./Destuffing point enquiries can also be done at our computerized helpline No.(079) 40072804

As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

Engineering exports rise 10.27% in June

KOLKATA: Engineering exports gathered pace in June 2024 growing 10.27 per cent (year-on-year) to $9.39 billion with a rise in shipments of electrical machinery, motor vehicles, products of iron and steel, auto components and parts, and Industrial machinery, according to an analysis done by industry body EEPC India.

“After starting the new fiscal with a 4.49 per cent year-on-year decline in April, Indian engineering exports in May 2024 bounced back to growth and then recorded doubledigit growth in June 2024 at 10.27 per cent year-on-year,” the report stated. Cumulative exports in AprilJun 2024-25 grew 4.34 per cent to $27.92 billion. India’s overall goods

exports in June 2024 increased at a slower pace of 2.6 per cent (year-onyear) to $35.2 billion. In the AprilJune 2024-25 period, goods exports rose 5 84 per cent to $109 96 billion

Top Destinations

North America and the EU

destinations for engineering e x

21 per cent and 17 per cent respectively. Among top exporting destinations, the US, the UAE, Saudi Arabia, Turkey, Singapore, the UK, Mexico experienced growth in April-June 2024-25 while exports to Germany, Italy, Korea Rep, Nepal and Bangladesh posted a fall.

witnessed growth in exports, while 8 remaining engineering panels experienced a decline Exports of iron and steel, nonferrous products including copper, zinc and tin products, other products including industrial boilers and office equipment,declined

In the April-June 2024-25 period, 23 out of 34 engineering panels recorded growth. Remaining 11 engineering panels posted a decline. Exports of iron and steel dropped 33 per cent due to tough competition from cheaper Chinese steel, drop in domestic production and increase in domestic demand, the analysis noted.

SHIPPING MOVEMENTS AT GUJARAT PORTS

TODAY’S TIDE 01/08/2024

Cargo Steamer's Agent's ETD

Jetty Name Name

CJ-I Dina Ocean Mihir & Co. 05/08

CJ-II MO Joud DBC 04/08

CJ-III Ocean Ambition

CJ-IV Della Synergy Seaport 02/08

CJ-V Maple Tulip Dariya Shpg. 05/08

CJ-VI Jabal Hafit J M Baxi 03/08

CJ-VII Lorient GAC Shpg. 02/08

CJ-VIII VACANT

CJ-IX Barramundi Interocean 03/08

CJ-X Al Wathba Dariya Shpg. 04/08

CJ-XI VACANT

CJ-XII VACANT

CJ-XIII Ince Ilgaz Arnav Shpg. 03/08

CJ-XIV SW South Wind Synergy Seaport 05/08

CJ-XV Mercurius Arnav Shpg. 04/08

CJ-XVA Han Yi Parekh Marine 03/08

CJ-XVI African Quail DBC 08/08

TUNA VESSEL'S NAME AGENT'S NAME ETD VACANT

OIL

OJ-I Rose Gas

OJ-II Southern Wolf J M Baxi 02/08

OJ-III Raon Teresa Samudra 02/08

OJ-IV Maple Ocean

OJ-V TG Gemini Scorpio 02/08

OJ-VI Regency Malara Shpg. 02/08

OJ-VII Silver Gertrude Interocean 02/08

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

Artenos 30/07 Bandar Abbas/ Jebel Ali/Constanta/ -Chabahar

Lila Chennai 30/07

Hai Phoung 87 30/07

Eraclea 30/07 Japan

Bao Run 31/07

TCI Anand 01/08 Manglore/Cochin/ Tuticorin/Chennai

Source Blessing 01/08 Nhava ShevaJebel Ali/Dammam/ Shuiba/Umm Qasr

Stolt Lind 01/08 Singapore

Vessel's Name Agents Arrival On

Common Venture BS Shpg. 16/07

Suvari Kaptan DBC 17/07

Mohsen Ilyas Seacoast 26/07

Encore Krishna Shpg. 30/07

Martin Cross Trade 30/07

SHIPS NOT READY FOR BERTH

Vessel's Name Agents Arrival On ABK Tiger BS Shpg. 21/07 African Leopard Aditya Marine 25/07 Century Eagle Chowgule Bros. 22/07 Adonnis DBC 26/07

Cariboo Cross Trade 14/07 Faneromeni Chowgule Bros. 30/07

VESSELS IN PORT & DUE FOR EXPORT LOADING

Stream ABK Tiger BS Shpg. West

Stream Adonnis DBC Berbera

Stream African Leopard Aditya Marine USA

Set/48 Nos.Windmill Blades INIXY124070224

04/08 AL Hadbaa Malara Shpg. 950 T. Proj Cargo

Stream Bow Clipper GAC Shpg.

Stream Cariboo Cross Trade

Stream Century Eagle Chowgule Bros. China

Stream Common Venture BS Shpg. Cotonou

CJ-IV Della Synergy Seaport Nacala

Stream Encore Krishna Shpg. China

T. Caustic Soda

Marble Blocks INIXY124070194 01/08 Endeavor Synergy Cotonou

Stream Faneromeni Chowgule Bros. China

Stream Gramba Upasana Shpg.

CJ-XVA Han Yi Parekh Marine Umm Qasr

Stream Jahan Moni Samudra

CJ-XV Mercurius Arnav Shpg. Persian

CJ-II MO Joud DBC

Stream Mohsen Ilyas Seacoast Yemen

OJ-III Raon

Cargo (4 Pkgs)

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

Vessels

CJ-XVI African Quail DBC

GENERAL CARGO VESSELS

CJ-X Al Wathba Dariya Shpg.

08/08 Alexandros P Taurus

CJ-IX Barramundi Interocean

02/08 Curia Dariya Shpg. Baltimore

CJ-I Dina Ocean Mihir & Co. Oman

CJ-XVA Han Yi Parekh Marine China

CJ-XIII Ince Ilgaz Arnav Shpg. Ukrain

CJ-VI Jabal Hafit J M Baxi Indonesia

INIXY124070255

INIXY124070253

INIXY124070227

T. Yellow Maize In Bulk INIXY124070137

T. Petcoke In Bulk INIXY124070181

CJ-VII Lorient GAC Shpg. USA 77,000 T. Coal INIXY124070242

CJ-V Maple Tulip Dariya Shpg. America 21,114 T. Scrap In Bulk INIXY124070291

03/08 Ocean Anny Chowgule Bros. Indonesia 4,760 T. Woodpulp In Bales INIXY124070251

Stream Pacific Pride Dariya Shpg. Indonesia

Stream TCLC Quanzhou Dariya Shpg. Indonesia

01/08 Twinluck SW Benline

INIXY124070284

INIXY124070291

T SteeL Scrap In Bulk INIXY124070252 04/08 Victoria Harbour Synergy

LIQUID CARGO VESSELS

Stream Bow Clipper GAC Shpg.

Stream Bow Platinum GAC Shpg.

Stream Elandra Maple Interocean

Stream Eva Fuokoka Samudra

Stream Eva Manila Samudra

Stream GAS Nora Ocean Shipping

Stream GW Dolphin Interocean Argentina

02/08 Fulda V-Ocean Shpg.

Stream Fortune Jiwon Samudra Thailand

Stream Hafnia Violette J M Baxi Malaysia

Stream Moonbeam Marinelinks

Stream Ocean Pioneer Seaport Services

05/08 Oriental Cosmos Allied Shpg.

Gertrude

INIXY124070248

INIXY124070286

In Bulk INIXY124070165

INIXY124070092

INIXY124070215

INIXY124070167

CDSBO In Bulk INIXY124070178

INIXY124070318

INIXY124070258

CDSBO In Bulk INIXY124070205

INIXY124070213

ulk INIXY124070260

INIXY124070110 OJ-II Southern Wolf J M Baxi

05/08 Stolt Confidence J M Baxi

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

DP WORLD MUNDRA

Wan Hai 506 6234E 4072672 Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16)

CCNI Angol

04/08-AM X-Press Odyssey 24031E 4072701 Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 05/08 06/08 05/07-PM Grace Bridge 2405 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC)

11/08 11/08-AM

TBA Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, Port Kelang (FEX1)

TBA Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, (FEX) TO LOAD FOR INDIAN SUB CONTINENT

04/08 04/08-AM Maersk Cardiff 429W 4072456 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)

FOR IMPORT DISCHARGE

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

KMTC / Interasia KMTC (I) / Interasia

03/08-AM Zoi 115E 2402545 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao,

11/08 11/08-AM KMTC Dubai 2404E 2402763 Evergreen/KMTCEvergreen/KMTC (FIVE)

04/08 04/08-PM Ever Ethic 169E 2402681 Evergreen/ONE Evergreen

ADANI INTERNATIONAL CONTAINER TERMINAL

TO LOAD FOR EAST, SOUTH & WEST AFRICAN PORTS

LOAD FOR U.S.A,

PIPAVAV PORT

16/08 15/08-1800 Maersk

TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA,

AND PACIFIC

04/08 04/08-0600 OOCL Luxmbourg 111E 24252 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 05/08 19/08 19/06-AM Stratford 113E 24267 Gold Star / RCL Star Shpg/RCL Ag. (CIXA) 19/08

In Port —/— CCNI Angol 430E 24241 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 02/08

05/08 05/08-1030 X-Press Odyssey 24031E 24246 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 06/08 10/08 10/08-1000 X-Press Carina 432E Sinokor / Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan. 11/08 In Port —/— Conti Conquest 028E 24250 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 02/08

05/08 05/08-1600 Conti Crystal 137E 24256 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 06/08 03/08 03/08-0715 Dimitris Y 0246E24251 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 04/08 11/08 11/08-0500 One Reliability 006E 24257 ONE ONE (India) (TIP) 12/08

05/08 05/08-0800 Xin Beijing 146E 24249 COSCO COSCO Shpg. Singapor Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 06/08 09/08 09/08-0600 Xin Ya Zhou 163E 24261

AFRICAN PORTS

02/08 02/08-1000 Maersk Detroit 430W 24253 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL)

13/08 13/08-0300 Seaspan Jakarta 432W 24262 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)

In Port —/— CCNI Angol 430E 24241 Maersk Line Maersk India Colombo. (NWX)

02/08 01/08-2000 SM Manali 044 24254 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, 03/08 Krishnapatanam, Cochin, Mundra. (CCG) 03/08 03/08-0715 Dimitris Y 0246E24251 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.

11/08 11/08-0500 One Reliability 006E 24257 ONE ONE (India) (TIP)

04/08 04/08-0600 OOCL Luxmbourg 111E 24252 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)

19/06-AM Stratford 113E 24267

05/08-1300 SCI Chennai 2408 24264 SCI J M Baxi Mundra,

16/08 15/08-1800 Maersk Atlanta 431W

42253

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

Digitalisation will help Rupee become Global: RBI report

MUMBAI: Digitalisation will hasten internationalisation of the rupee, which will result in lowering transaction costs for cross-border trade and investment operations and lower exchange rate risk, Reserve Bank of India (RBI) said in its annual report on Currency and Finance.

“Given considerations of financial stability and global coordination, the s h i f t t o w a r d s o p e n e c o n o m y digitalisation is expected to be gradual and measured, which has been India’s approach. The internationalisation of the UPI is a pertinent example of this approach. The initial steps were aimed to enable Indian travellers and diaspora to make merchant payments using UPI

abroad. The next upgradation was the ability to make person-to-person remittances using UPI with the same efficiency as of domestic transactions.” The report said.

Bilateral or multilateral trade and payments arrangements, special vostro accounts, local currency settlements and bilateral swap arrangements are among the ways listed by the central bank to internationalise the rupee.

t h a

multilateral arrangements like the ones with the Asian Clearing Union (ACU), SAARC Currency Swap Framework, the UPI-PayNow linkage between India

understandings such as with the

Central Bank of the UAE could be a way to internationalise the rupee and support liquidity ar rangements especially in times of a financial crunch.

“Authorised dealer banks are permitted to open special rupee Vostro account (SRVA) to settle trade transactions in rupee with any country Rupee payments for imports can be credited to these accounts. Balance in t h e S RVA c a n b e u s e d f o r a n y permissible current and capital account transactions,” the report said.

The report also cited example of local currency settlement MOUs by India with countries like the UAE and Indonesia and the India-Japan swap arrangement.

Key export scheme norms simplified for ease of business

NEW DELHI: To make it easier for e

Government has simplified the Export Promotion Capital Goods (EPCG) scheme which allows import of capital goods at zero customs duty against an obligation to export.

As per a public notice issued by the Directorate General Of Foreign Trade (DGFT), exporters will now get additional time to submit installation certificates for imported capital goods, reducing pressure on businesses to meet timelines.

Also, from now all Policy Relaxation Committee (PRC) decisions regarding Export Obligation extensions and regularisation of exports will be implemented with a levy of a uniform

composition fee making it easier to implement through the system "With a view to enhance ease of doing business and reduce the c

EPCG authorizations issued under Foreign Trade Policy," the DGFT said in a public notice The DGFT has also simplified the fee str ucture for extending Export Obligation periods

amendments are aimed at enhancing ease of doing business by providing up to three years from date of completion of import for submitting installation certificates, which may further be extended upon payment of a fee of

Rs 10,000 per year," said Mayank Arora, Director- Regulatory, Nangia Andersen India.

Additionally, requirement for submission of installation certificates for import of spares have been done away with. "These changes would ease compliance burden on capex heavy manufacturers, such as electronics, mobile and IT equipment, who have committed to make large investments under the PLI Schemes," Arora said. An extended deadline for submitting Installation Certificates and by expanding automated rule-based processes, DGFT aims to reduce human intervention, mitigate risks and improve overall efficiency in trade facilitation.

m.v. “MSC SAVONA” Voy : FD425E I.G.M. 2383759 Dtd. 27-07-24 Exch rate 86.15

The above vessel is arriving on 03-08-2024 at MUNDRA PORT with Import cargo from TUNIS. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA PORT SEZ

The above vessel is arriving on 03-08-2024 at MUNDRA PORT with Import cargo from AL 'AQABAH. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

GANDHIDHAM

The above vessel is arriving on 03-08-2024 at MUNDRA PORT with Import cargo from MONTREAL, VALENCIA, TRIESTE, TUNIS. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

KANDLA-SEZ/GANDHIDHAM

The above vessel is arriving on 03-08-2024 at MUNDRA PORT with Import cargo from NORFOLK. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

RELIANCE SEZ/JAMNAGAR

Item No. B/L No.

The above vessel has arriving on 03-08-2024 at MUNDRA PORT with Import cargo from PARANAGUA, VITORIA, NASSAU, MONTREAL, ABIDJAN, DOUALA, ALEXANDRIA EL DEKHEILA, SOKHNA PORT, VALENCIA, FOS-SURMER, LIBREVILLE, TEMA, CAGLIARI, CIVITAVECCHIA, GIOIA TAURO, PALERMO, RAVENNA, TRAPANI, TRIESTE, VENICE, AL 'AQABAH, ALTAMIRA, TINCAN/LAGOS, JEDDAH, KOPER, DAKAR, LOME, TUNIS, BOSTON, MIAMI.

Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA

127 MEDUJ9496970

128 MEDUJ9427017

129 MEDUJ9417356

13 MEDUJ9666333

130 MEDUJ9446991

131 MEDUJ9546931

132 M24E0222

133 MEDUTU408554

134 MEDUTU410329

135 MEDUTU411988

136 MEDUCD876404

137 MEDUVB732752

138 MEDUVB728859

139 MEDUVB722597

14 MEDUJ9618599

140 MEDUVB749186

141 MEDUVB724874

142 MEDUVB724882

143 MEDUVB730574

144 MEDUVB740094

117 MEDUTM344775

145 MEDUVB735623

146 MEDUVB749202

147 MEDUVB727687

148 MEDUVB740052

149 MEDUVB730335

15 MEDUJ9666234

150 MEDUVB743163

151 MEDUVB753923

152 MEDUVB741795

153 MEDUVB746299

154 2024EM1329SPAVCEMUN

155 2024EM1313ASPAVCEMUN

156 2024EM1325ASPAVCEMUN

157 404MEG1029

158 2024EM1230ASPAVCEMUN

159 MEDUQP606716

16 MEDUJ9731012

160 MEDUQP608290

161 MEDUQP608027

162 MEDUJ9503486

163 MEDUJ9586911

57 MEDULJ134120

66 MEDULJ135838

67 MEDULJ136604

68 MEDULJ135952

Sarbananda Sonowal addresses key concerns on Container Shortages and Port Expansion in Parliament

NEW DELHI: The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, provided a comprehensive update on significant issues impacting the maritime sector in parliament recently His detailed responses address concerns related to container shortages and port capacity expansion, highlighting the government's ongoing efforts and strategic measures.

In response to questions about container shortages affecting Indian exporters, Minister Shri Sonowal clarified that there is no acute shortage of containers. The recent challenges have stemmed from the Red Sea crisis, which began late in 2023 and persisted into early 2024 This crisis led to a significant diversion of ships from the Suez Canal to the Cape of Good Hope, increasing transit times by 35 to 40 percent Consequently, this caused delays at major global ports and elevated charter hire costs.

To mitigate these issues, the government has engaged in several proactive measures Shipping c o m p a n i e s a r e c u r r e n t l y

repositioning empty containers globally based on market needs. The Ministry of Commerce & Industry has been actively working under its S e r v

o u p framework, conducting regular interactions with shipping lines, port authorities, and export-import associations. Notable steps include advising safety convoys for vessels navigating disrupted routes and addressing inland container depot congestion through coordination with the Container Corporation of India.

Additionally, the Directorate General of Shipping is promoting the o

containers by Indian entities as a long-term solution. The development of tracking and tracing mechanisms through the Unified Logistics Interface Platform (ULIP) and Logistics Data Bank (LDB) aims to improve the turnaround time of export containers, thereby enhancing their availability.

Shri Sonowal also addresses queries regarding expanding port capacities across the country The expansion of port capacities has been

significant across all 12 Major Ports in India from 2014-15 to 2023-24 For instance, Syama Prasad Mookerjee Port increased its capacity by 31.29%, while Paradip Port saw a substantial rise of 141.86%. Notably, Kamarajar Port and V.O. Chidambaranar Port achieved impressive expansions of 154.05% and 150.19%, respectively. Other ports, such as Chennai, Cochin, and New Mangalore, also reported notable increases Deendayal Port, Gujarat, stands out with a remarkable 121.79% increase in capacity over the last decade, reflecting a significant boost in its operational capability Overall, the total capacity of these ports surged by 87.01%, showcasing the Government's commitment to enhancing maritime infrastructure. M i n i s t e r S h r i S o n o w a l ' s statements reflect the ongoing efforts t o a d d r e s s c u r r e n t m a r i t i m e challenges and ensure the long-term sustainability and efficiency of India's port and shipping sector. The Government's proactive measures aim to support exporters, streamline container logistics, and bolster port capacities to meet future demands.

Sarbananda Sonowal delivers extensive overview of Maritime Sector advancements in Parliament

N E W D E L H I : T h e U n i o n Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal, presented a detailed overview of the various questions raised in the Rajya Sabha session. He highlighted the Government’s efforts to enhance cargo movement through National Waterways (Nws) The Minister outlined several key initiatives to improve the efficiency o f I n d i a ' s i n l a n d w a t e r w a y s Significant fairway development projects are underway under the Jal Marg Vikas Project (JMVP), which is supported by the World Bank These efforts include achieving a Least Available Depth (LAD) of up to 3 0 meters on critical stretches of NW-1, with ongoing works in stretches such as Haldia-Barh and Barh-Ghazipur. Additionally, fairway development is b e i n g c a r r i e d o u t o n N W- 9 7 i n t h e S u n d e r b a n s a n d o n Indo-Bangladesh protocol routes

t o e n s u r e r o u n d - t h e - y e a r navigability.

Shri Sonowal emphasizes the introduction and expansion of Ro -Ro/Ro -Pax ser vices across several routes The Minister also

2 6 n e w N a t i o n a l Wa t

This expansion is intended to offer alternative transportation modes and enhance connectivity across various regions of India.

Digital advancements have been a key focus, with the launch of the CARD portal for cargo data management and the PANI portal for detailed asset and navigation information These platforms are designed to facilitate better stakeholder collaboration, improve organizational consistency, and enhance transparency

Moreover, recent MoUs were signed to boost cargo and cruise services. Notable agreements include partnerships with Assam Tourism for riverine tourism, Bihar’s Department of Tourism for Ro -Pax vessel operations, and Numaligarh Refinery Limited for petroleum product transport. The government is also exploring new National Waterways projects in states such as Kerala, Andhra Pradesh, and Uttar Pradesh, as part of a broader strategy to strengthen India’s inland water transport infrastructure.

Shri Sarbananda Sonowal also detailed the significant investments and initiatives under the Sagarmala Scheme for Tamil Nadu. Over the past

three years, 22 port-related projects totalling Rs. 1,225 crore have been s a n c t i o n e d , c o v e r i n g p o r t infrastructure, coastal berths, and fish harbours Additionally, Rs 410 crore is allocated for four fishing harbour projects, with efforts focused on skill development and economic growth in coastal districts through collaboration with various ministries.

The Minister confirmed that the government has indeed explored the possibilities of increasing floating jetty projects in Tamil Nadu. These projects are part of a broader

Regarding the expansion and upgradation of ports, Shri Sonowal outlined significant developments. Notably, V.O Chidambaram Port has leased 500.82 acres of land to various industries for the development of Green Hydrogen and ammonia plants, reflecting a commitment to sustainable energy and industrial growth.

Overall, the Minister’s detailed presentation underscores the gover nment’s commitment to developing robust and efficient maritime facilities.

Cont’d. from Pg. 16 m.v. “MSC SAVONA” Voy : FD425E I.G.M. 2383759 Dtd. 27-07-24 Exch rate 86.15

Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA

84 MEDULO293590

85 MEDULO288673

86 MEDULO282650

87 MEDULO287139

88 MEDULO281991

89 MEDULO287170

9 MEDUVJ065592

90 MEDULO275878

91 MEDULO291768

MEDULO288400

MEDULO286479 99 MEDULO289929

- Charges enquiry on land line - 619100

- IGM No./Item No./Destuffing point enquiries can also be done at our computerized helpline No.(079) 40072804 As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

Gandhidham : Siddhi Vinayak Complex, Plot No. 1, Office No. 201-208, 2nd Floor, Ward - 6, Near Rotary Circle, Gandhidham - Kutch 370 201 Gujarat India. Tel : +91-2836-619100 to 616100 (Board) E-mail : jatin.hadiya@msc.com, niraj.raval@msc.com, operator.gandhidham@msc.com H. O. & Regd. Office : MSC House, Andheri Kurla Road, Andheri (East), Mumbai - 400 059 Tel : +91-22-66378000, Fax : +91-22-66378192, E-mail : IN363-comm.mumbai@msc.com • www.msc.com

NOTICE TO CONSIGNEES

The above vessel has arrived on 01-08-2024 at MUNDRA PORT with Import cargo from DALIAN.

Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA

Item No. B/L No. Item No. B/L No. 391 MEDUEG340809 392 MEDUEG369725

- Charges enquiry on land line - 619100

- IGM No./Item No./Destuffing point enquiries can also be done at our computerized helpline No.(079) 40072804 As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

FTAs are two-way traffic, 4 signed during PM Modi's Govt are fair and in India’s interests: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry, Shri Piyush Goyal during his session at the ‘Journey Towards Viksit Bharat: A P o s t U n i o n B u d g e t 2 0 2 4 - 2 5 Conference’ organised by the Confederation of Indian Industry (CII) here said that unlike the previous governments, Narendra Modi government has signed four good Free Trade Agreements (FTAs) till now and has concluded the negotiations after undergoing extensive stakeholder consultations.

Shri Goyal said that India took a bold decision to walk out of RCEP as it

was never a good decision to be a part of those negotiations.

N o t i n g t h e G o v e r n m e n t ’ s achievements in the last 10 years, Shri Goyal said that businesses and people recognize the transformation in the Indian economy. The GDP has doubled, Foreign Exchange Reserves has more than doubled and the current account deficit has come down significantly, reflecting how a good gover nment can make a massive difference, he said.

Shri Goyal emphasised that the India-EFTA FTA signed under PM Modi have a $100 bn-investment

commitment linked to concessions. Shri Goyal urged the industries’ cooperation to move faster on FTAs and use the Quality Control Orders (QCOs) to their benefit and also to raise their standards. “QCOs will help with better market share and ensure that substandard goods don’t flood the market”, the Union Minister said.

Shri Goyal further urged the industry participants to provide inputs on ways to reduce compliance burdens, processes and procedures and urged them to make use of Rs 1 lakh crore of ‘Anusandhan Fund’ for private-sector driven research and development

Govt takes several initiatives to promote business, boost exports and manufacturing

N E W D E L H I : T h e C e n t r a l Government has undertaken several key initiatives and policy measures to boost exports, attract investments and to promote ease of doing business from time to time.

1.New Foreign Trade Policy has been launched on 31st March, 2023 and came in to effect from 1st April, 2023.

2.Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-08-2024 with total allocation of Rs. 12788 crores.

3.Assistance is being provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme.

4.Rebate of State and Central Levies and Taxes (RoSCTL) Scheme to promote labour-oriented sector export has been implemented since 07.03.2019.

5.Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been implemented since 01 01 2021 With effect from 15.12.2022, uncovered sectors like phar maceuticals, organic and inorganic chemicals and article of

iron and steel has been covered under RoDTEP Similarly, anomalies in 432 tariff lines have been addressed and the corrected rates have been implemented with effect from 16.01.2023.

6.Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters.

7.Districts as Export Hubs initiative has been launched by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district.

8.Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced. Regular monitoring of export performance with Commercial Missions abroad, Export Promotion Councils, Commodity Boards/ A u t h o r i t i e s a n d I n d u s t r y Associations and taking corrective measures from time to time.

Government has taken various steps to boost domestic and foreign investments in India. These include

the introduction of Goods and Services Tax, reduction in corporate tax, improving ease of doing business, FDI policy reforms, measures for reduction in compliance burden, m e a s u r e s t o b o o s t d o m e s t i c manufacturing through public p r o c u r e m e n t o r d e r s , P h a s e d Manufacturing Programme (PMP) and QCOs (Quality Control Orders), to name a few Further, keeping in view I n

g ‘Atmanirbhar’, PLI Schemes for 14 key sectors have been announced with an outlay of Rs. 1.97 lakh crore to enhance India’s Manufacturing capabilities and Exports.

With the objective to improve Ease of Doing Business and Ease of Living, The Government has taken initiatives to Simplify, Rationalize, Digitize and Decriminalize Gover nment to Business and Citizen Interface across all the States/UTs. So far, more than 42,000 compliances have been reduced and more than 3,800 provisions have been decriminalized. National Single Window System (NSWS) is a unified platform for applying for all G2B clearances from v a

Departments.

Kerala preparing Master Plan for leveraging full potential of Vizhinjam Port

T H I R U VA

H A P U R A M :

Kerala Minister of Industries

P. Rajeeve recently said that the state g o v e r n m e n t i s p r e p a r i n g a comprehensive master plan for leveraging the full potential of Vizhinjam Port to the benefit of various sectors.

Rajeeve said this while interacting with investors at the day-long ‘Conclave on Continuing Investments,’ organized b y K e r a l a S t a t e I n d u s t r i a l Development Corporation (KSIDC)

and the Department of Industries & Commerce here.

“The master plan, which is in its final stage, will strategize utilization of the Port for the advantage of various sectors including medical devices, electronics and manufacturing sectors,” said Rajeeve.

The conclave brought around 282 entrepreneurs, who have invested more than Rs. 5 crore each in the state over the last three years

Rajeeve also pointed out said the government is reimbursing 25 percent o f t h e a m o u n t f o r p u r c h a s i n g equipment, besides an incentive of up to Rs 25 lakh is being provided to priority sectors identified in the Industrial Policy 2023.

Investors representing various s e c t o r s e x p r e s s e d t h e i r v i e w s regarding the initiatives of KSIDC and recalled the support of the Government in setting up their enterprises

m.v “XIN YA ZHOU” V - 163

The above vessel is arriving at PIPAVAV on 09-08-2024 with Import Cargo in containers. 9 GOSUNGB20168891

5 GOSUGZH0430750 6 GOSUGZH0430751

7 GOSUGZH0430752

8 GOSUGZH0431710

GOSUSHH31394394

GOSUSHH31394695

GOSUSHH31404824 13 GOSUSNH1527228

GOSUSNH20879666

GOSUSNH8424301 16 GOSUSNH8424306

Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.

Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.

As Agents :

STAR SHIPPING SERVICES (INDIA) PVT. LTD.

First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201

Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433

Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com Mr. Vijay Anand - 9824504315 Email : anand.vijay@zim.com

Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com

DUBAI” V-2404E

40 GOSUNGB1222117

41 GOSUNGB1222126

42 GOSUNGB20042016

43 GOSUNGB20042028

44 GOSUNGB20168858

45 GOSUNGB20245698

46 GOSUNGB20245701

47 GOSUNGB20245706

48 GOSUNGB20245712

49 GOSUNGB20355255

50 GOSUNGB20355256

51 GOSUNGB20436645

52 GOSUOCQ6081083

53 GOSUQIN3112502

54 GOSUQIN3112503

55 GOSUQIN3112505

56 GOSUQIN3112510

57 GOSUSHH31369827

58 GOSUSHH31369846

59 GOSUSHH31392295

60 GOSUSHH31392302

61 GOSUSHH31392305

GOSUSHH31392321

GOSUSHH31392346

GOSUSHH31392347

GOSUSHH31392349

GOSUSHH31392353

GOSUSHH31392359

GOSUSHH31392362

GOSUSHH31392371

GOSUSHH31401919

GOSUSHH31402255

GOSUSHH31403888

GOSUSHH31404016

GOSUSIN8146474

75 GOSUSIN8146475

76 GOSUSIN8146531

77 GOSUSIN8146532

78 GOSUSIN8146587

79 GOSUSIN8146603

80 GOSUSIN8146900

81 GOSUSNH1527010

82 GOSUSNH1823953

83 GOSUSNH1823958

84 GOSUSNH1823960

85 GOSUSNH1823963

86 GOSUSNH1823965

87 GOSUSNH1823967

88 GOSUSNH1897183

89 GOSUSNH1897218

90 GOSUSNH1897273

91 GOSUSNH1897274

92 GOSUSNH1929193

93 GOSUSNH1929678

94 GOSUSNH1929921

95 GOSUSNH1929930

96 GOSUSNH1929962

97 GOSUSNH1930026

98 GOSUSNH1930037

99 GOSUSNH1930041

100 GOSUSNH1930048

101 GOSUSNH1930054

102 GOSUSNH1930172

103 GOSUSNH1930212

104 GOSUSNH1930234

105 GOSUSNH1930290

106 GOSUSNH1930301

107 GOSUSNH1930322

108 GOSUSNH1930345

109 GOSUSNH1930357

110 GOSUSNH1930589

111 GOSUSNH21042058

112 GOSUSNH21042060

113 GOSUSNH21042066

114 GOSUSNH21042070

115 GOSUSNH21042077

116 GOSUSNH21042097

117 GOSUSNH21042105

118

GOSUSNH21042113

119 GOSUSNH21042120

120 GOSUSNH21042121

121 GOSUSNH21042125

122 GOSUSNH21042129

123

GOSUSNH21042130

124 GOSUSNH8424273

125 GOSUSNH8465144

126 GOSUSNH8465182

127 GOSUSNH8465185

128 GOSUSNH8465189

129

GOSUSNH8465193

130 GOSUSNH8490394

131 GOSUSUB8090224

132 GOSUSUB8090234

133 GOSUWUH9604043

134 GOSUWUH9604056

135 GOSUYEY9202407

136 GOSUYEY9202408

137 GOSUYIW821740

138 GOSUYIW821741

139 GOSUYIW821743

140 GOSUYIW821744

141 GOSUYIW821745

142 GOSUYIW821746

143 GOSUYIW821747

144 GOSUYIW821748

145 GOSUYIW821757

146 GOSUYIW821758

147 GOSUYIW821760

148 GOSUYIW821767

149 GOSUYIW821768

150 GOSUYIW821769

151 GOSUYIW821770

152 GOSUYIW821771

153 GOSUYIW821773

154 GOSUYIW821774

155 GOSUZSH1031243

156 LNLUPKL8136198

Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.

Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.

Yang Ming announces Professor Feng-Ming Tsai as New Chairman

TA I WA N : I n t h e

395th Board Meeting

h e l d r e c e n t l y , Yang Ming Marine Transport Corporation (Yang Ming) has elected Professor Feng-Ming Tsai as its Chairman with immediate effect

Chairman Tsai holds a Ph.D. in Transportation from the New Jersey Institute of Technology He has devoted himself to research in transportation management, logistics management, and intelligent transportation systems, making significant contributions to maritime education in Taiwan.

He was an Assistant Professor in the Department of Logistics Management at National Kaohsiung University of Science and Technology, an Associate Professor, later becoming a Professor, in the Bachelor Degree Program in Ocean Tourism Management and the Department of Shipping & Transportation Management at National Taiwan Ocean University (“NTOU”). Furthermore, he served as the Director of the Internationalized Information and Planning Division in NTOU’s Office of International Affairs. Since 2022, he also held the role of Chairperson of Department of Shipping & Transportation Management of NTOU.

Chairman Tsai’s extensive academic background has advanced policy advocacy in the transportation field He ser ved as the Representative of APEC Maritime Experts Group on behalf of Ministry of Transportation and Communication,

“Excited

as well as the Education & Tr a i n i n g C o n s u l t a n t o f

A c a d e m y o f M a r i t i m e Development at Taiwan

I n t e r n a t i o n a l P o r t s Corporation. Ltd. Chairman Tsai’s research contributions in developing a container demand forecasting model

f o r c o n t a i n e r s h i p p i n g companies, constructing a vessel position information platform, formulating cross-strait direct shipping policies, and innovating in cloud service applications have provided valuable insights into industry trends and advices for public policy

With Chairman Tsai’s broad academic background and innovative mindset, he has received the approval from all board members to assume the position as Chairman of Yang Ming. His long-term research in transportation and logistics will be instrumental in guiding Yang Ming through the challenges of stricter competition laws, the impacts of climate change, and the trials posed by digital and AI transformation in shipping industry. Combined with the diverse expertise in legal, economics, logistics, and transportation of the board members, Yang Ming will be able to pave the way for a sustainable future and continue to sail towards becoming an excellent transportation group.

for Future Collaborations” : Gautam Adani after meeting FedEx CEO

FedEx CEO Rajesh Subramaniam visits Mundra to see the Adani’s world-class Port and Special Economic Zone (SEZ)

AHMEDABAD: Mr. Gautam Adani, Chairman, Adani Group, recently had an “insightful meeting” with FedEx CEO Mr. Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics company In a post on X, Mr. Gautam Adani appreciated Mr. Subramaniam for visiting Mundra to see the Group’s world-class Port and Special Economic Zone (SEZ)

“Proud to see an Indian at the helm of a top company revolutionising global logistics through digital innovation,” said the Adani Group Chairman.

Just had an insightful meeting with FedEx CEO Rajesh Subramaniam. Appreciate him visiting Mundra to see our world-class Port and Special Economic Zone.

Mr. GautamAdani with Mr. Rajesh Subramaniam

Proud to see an Indian at the helm of a top company revolutionizing global logistics through digital innovation.

Gautam Adani further said that the FedEx CEO’s vision is truly inspiring, adding that he is “excited for future collaborations”.

Subramaniam said recently that India is a key market for the company as its GDP continues to grow amid robust talent and digital transformation. FedEx recently launched its advanced capability community in India that will serve as a hub for the company’s technological and digital innovation.

Professor Feng-Ming Tsai