GUJ-04-03-2024

MUMBAI : (022)22661756 / 1422, 22691407

AHMEDABAD : (079) 26569995, E-Mail:dstgujarat@gmail.com

DPA Chairman inaugurates newly refurbished Administrative Office of Deendayal Port Authority

GANDHIDHAM: Shri S.K. Mehta, IFS, ChairmanDPA inaugurated the newly refurbished Administrative Office Building at Gandhidham on the auspicious occasion of 60th Foundation Day of Deendayal Port Authority, Kandla.

Marking the occasion of 60 years of Excellence, the program was witnessed by Shri P. Anand Kumar, IRS, Commissioner-GST; Shri M. Rammohan Rao, IRS, Commissioner of Customs - Kandla; Shri Nandeesh Shukla, IRTS, Dy. Chairman-DPA; Shri Ashish Dhania, IRTS, Area Railway Manager-Gandhidham...

Cont’d Pg. 6

CMA CGM Group & Bolloré Group announce successful sale of Bolloré Logistics to CMA CGM

MARSEILLE: The Bolloré Group and the CMA CGM Group announce the completion today of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified that the transfer of Bolloré Logistics Sweden AB to the CMA CGM Group remains subject to the latter obtaining foreign investment clearance in Sweden.

Adani portfolio’s record profit growth, robust credit profile set stage for unrivalled green investments

AHMEDABAD: In line with our commitment to upholding the highest standards of transparency, we are pleased to release the Adani portfolio’s results, credit and ESG compendium It offers insights into the quarterly and trailing twelve-month (TTM) financial performance of the portfolio, reinforcing our dedication to providing clear and detailed information to stakeholders and the public

Cont’d Pg. 10 Cont’d Pg. 21-23

DPA

Chairman inaugurates newly refurbished Administrative Office of Deendayal Port Authority

Cont’d from Pg. 4

Shri Sanjay Avinash, Commandant-BSF; Shri J.K. Rathod, CPES, Chief Vigilance Ofcer-DPA; S h r i C . H a r i c h a n d r a n , S e c r e t a r y - D PA ; Shri V. Raveendra Reddy, Chief Engineer-DPA;

Shri B. Bhagyanath, FA & CAO-DPA; Capt. Pradeep Mohanty, Dy. Conservator-DPA; Dr. Anil Chellani, CMO-DPA; Shri Susil Chandra Nahak, CME-DPA; Senior Officials of Port; Trade Unions, Stakeholders, Port Users and employees at large

CMA CGM Group & Bolloré Group announce successful sale of Bolloré Logistics to CMA CGM

Cont’d from Pg. 4

The purchase price is 4.850 billion euros, on the basis of the estimated debt and cash on the completion date.

As a leading transport and logistics company in France, and one of the main players in the sector worldwide, Bolloré Logistics achieved in 2022 a turnover of 7 1 billion euros, transported 710,000 TEUs of ocean freight and 390,000 tons of air freight, along with a storage capacity of 900,000 m2.

This is CMA CGM’s largest acquisition since its creation in 1978 and constitutes a major step in the CMA CGM Group’s logistics development strategy, complementing its historical maritime transport line of business.

Mr. Rodolphe Saadé, CEO and Chairman of the CMA CGM Group, declared: “I would like to thank the Bolloré Group for the trustful dialogue we have established over the last few months to successfully finalize this acquisition. Within the CMA CGM Group, we are proud to welcome a French flagship built on years of work and experience.

T h e n e w e n t i t y, m a d e u p o f C E VA a n d Bolloré Logistics, is the world’s number 5 in its sector We will now be able to offer our customers a complete range of services and extend our expertise to new businesses.

On behalf of the CMA CGM Group and my family, I would like to welcome the 14,000 employees who are joining us today Together, we will combine our talents and accelerate our development!”

Mr. Cyrille Bolloré, CEO and Chairman of the Bolloré Group, added: “This is the beginning of a new chapter for Bolloré Logistics’ employees I am very pleased that they are joining the CMA CGM Group and the Saadé family They will bring unique expertise and know-how, which have long made the pride of the Group and which will be the pride of CMA CGM tomorrow It is also a great opportunity for our customers around the world and I would like to take this opportunity to thank them for their trust and loyalty”.

Bahri wins Guinness World Record for Largest Mobile Desalination Plant

RIYADH: Bahri Desalination, a specialized business unit of the National Shipping Company of Saudi Arabia (Bahri), the global shipping and logistics leader, has established a new milestone in seawater desalination production, reinforcing its position as the industry pioneer with the largest floating desalination plant ever built on a marine barge.

T h e a c h i e v e m e n t w a s celebrated at an event held at the Ministry of Environment, Water and Agriculture, where Guinness World Records officially recognized Bahri Desalination’s innovative mobile seawater desalination plant as the largest of its kind Measuring an impressive 123 meters in length, the mega floating plant boasts a daily output of 50,000 cubic meters Bahri, in association with the Saline Water Conversion Corporation (SWCC) and Metito Saudi Limited, has built three such state-of-the-art desalination units installed on customized barges

As a leader in transportation and logistics, Bahri strives to develop innovative water projects that strengthen Saudi Arabia’s infrastructure and self-sufficiency This record reflects our cutting-edge work in deploying sizeable mobile floating desalination capacity where it is needed most along our coastlines.”

Commenting on this achievement, Eng. Ahmed Alsubaey, CEO of Bahri, said: “We are honored to receive this distinction from Guinness World Records that validates our status as pioneers in engineering large-capacity, mobile seawater desalination solutions.

The record validates Bahri Desalination’s status as an industry pioneer in building large-scale, cost-effective mobile seawater desalination plants that can be deployed to new coastal locations. Going forward, Bahri will continue driving progress through pioneering projects dedicated to the sustainable development of Saudi Arabia’s maritime and water supply sectors

CI1 Service

NORTH WEST INDIA SERVICES

CHINA / INDIA EXPRESS

AGI Service

ASX Service

AGI2 Service

IPE Service

AWES Service

EAX5 Service

ASIA SUB-CONTINENT SERVICE

ARABIAN SEA EXPRESS

2

INDIA PACIFIC EXPRESS SERVICE

ALL WATER EXPRESS-SUBCONTINENT TO EAST COAST

EAST AFRICA SERVICE

CI2 Service

CI5

Head Office - Mumbai :

Unit 802, B Wing, 8th Floor, Godrej Two, Pirojsha Nagar, Eastern Express Highway, Vikhroli (E), Mumbai, 400079, India

Tel: +91 022 61247300, Fax: +91 022 26665780

Delhi Office :

238, 3rd Floor Okhla Industrial Estate, Phase-3 New Delhi-110020, India

Tel: +91 011

CJ-V

CJ-VI VACANT

CJ-VII

CJ-VIII

CJ-X VACANT

CJ-XI

CJ-XII SSF Dynamic ULSSL 05/03

CJ-XIII

CJ-XIV Bulk Bequia Chowgule Bros

CJ-XV

CJ-XVA ER Maden BS Shpg. 08/03

CJ-XVI Nav Neha Rishi Shpg. 07/03 TUNA

GENERAL CARGO VESSELS

OJ-VII

SHIPS

WITH EXPORT

Lion (V-4307W)

Hapag Llyod Nhava Sheva 06/03 Wan Hai 721 (V-15E) Wan Hai Line Karachi

Varada (V-34)

Unifeeder Agency Sohar

CMA CGM San Antinio(V-OUW14ZW) Tanger Med 02-03-2024

APL Gwangyang (V-OPE99W) Nhava Sheva 03-03-2024

Hedwing Schulte (V-OMSIBW) Tema 04-03-2024 09/03 GH Tramontane (V-02SGZS) CMA CGM Agency Jebel Ali

Bfad Pacific (V-410S) CMA CGM Agency Nhava Sheva

SB-04 Santa Viola (V-4W) Hapag Llyod 05/03

SB-05

/ IN PORT FOR IMPORT

OTHER PORTS OF GUJARAT

The

cargo from ABU DHABI, AD DAMMAM. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA

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

HH

NOTICE TO CONSIGNEES

m.v. “MSC GREENWICH” Voy : XA409A

I. G. M. NO. 2370056 Dtd. 28-02-24 Exch rate 85.38

The above vessel has arrived on 03-03-2024 at MUNDRA PORT with Import cargo from ANTWERP.

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

KANDLA-SEZ/GANDHIDHAM

The above vessel has arrived on 03-03-2024 at MUNDRA PORT with Import cargo from ANTWERP, AARHUS, COPENHAGEN, FREDERICIA, HELSINKI, RAUMA, GREENOCK, LONDON GATEWAY PORT, PORTBURY, TEESPORT, DUBLIN, ROTTERDAM, HALMSTAD, NORRKOPING, STOCKHOLM.

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

MUNDRA

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

Gandhidham : Siddhi Vinayak Complex, Plot No. 1, Office No. 201-208,

Cont’d from Pg. 4

Adani portfolio’s record profit growth, robust credit profile set stage for unrivalled green investments

The performance of the past 12 months reveals the strength of the Adani portfolio that can thrive under diverse external circumstances. With surging cashflows from consistently rising profits and conservative leveraging, the portfolio is well-poised to propel strategic investments on an unprecedented scale.

Portfolio Performance for Q3 FY24 and Dec 23’

Trailing-Twelve-Months

• Record growth: With a record quarterly EBITDA growth of 63 6% YoY, the TTM EBITDA as of 31 December, 2023 reached INR 78,823 crore (USD 9.5 Bn) — 2.5x FY21 EBITDA

• Core infrastructure: The growth was powered by the highly stable core infrastructure platform. Growing at 35.5%, it generated INR 66,208 crore (USD 8 Bn) — 84% of portfolio EBITDA

• Ratings: Domestic and international rating agencies, including S&P Global and Moody’s, have upgraded or positively revised the outlook for all key portfolio companies.

• Conservative leveraging: The portfolio continues to remain conservatively leveraged with i) Net Debt to EBITDA as low as 2.5x; ii) Debt coverage of 2.1x; and iii) Gross Assets to Net debt at 2 5x as on 30 September, 2023.

• Liquidity position: High liquidity is maintained with a healthy cash balance of INR 44,572 crore (USD 5.4 Bn) — at the end of 31 December, 2023.

• Market access and investments: Higher ratings and healthy cash flows have allowed continued market access, facilitating substantial investments in the year-to-date (1 April, 2023-31 December, 2023). During this period, various portfolio companies have drawn funds worth INR 91,290 crore from various sources, including international and domestic banks, and others.

• Solar module sales have more than doubled due to higher exports.

• The wind turbine generator (WTG) business, with an order book of 142 sets, has already produced 15 sets and delivered 7 since commissioning.

ii) Airports: At the seven operational airports, passenger movement has increased 23% YoY in the first nine months to 65 6 million; they are now tracking an annual figure of 85 million.

• The greenfield Navi Mumbai airport is well on track to start operations by December 2024.

• Phase I of City Side Development (CSD) has started across 98 acre at five airports.

• 57% of the electricity consumed by portfolio airports was from renewables.

iii) Roads: 4 out of 10 projects are more than 60% completed in line with the target schedule.

iv) Data center: 18 MW Noida green data center is now operational. Under construction pipeline stands at 112+ MW

Energy & Utility Platform

Adani Green Energy (AGEL): Operational renewable capacity has increased to 9,029 MW after the commissioning of 551 MW at the Khavda renewable energy park It will be the world’s largest RE park after 30 GW is developed over the next five years; this can power over 16 million homes and create 15,200 jobs every year.

• AGEL was ranked amongst the top 3 global solar PV developers as per the Mercom Capital Group.

• Successfully delivered the refinancing plan for USD 750 million Holdco notes due in September 2024 by providing a cash deposit in the Senior Debt Redemption Account (SDRA).

• INR 9,350 crore (USD 1.125 Bn) fund infusion by the promoter entity and USD 300 million investment by strategic partner TotalEnergies has positioned AGEL well to achieve its 45 GW target by 2030.

Adani Energy Solutions (AESL): Successfully operationalized the critical Khargar Vikhroli Transmission Line to connect Mumbai to the national grid, taking total network to 20,422 ckm.

• Adani Electricity Mumbai, a distribution subsidiary of AESL, supplied 35% renewable power in the total electricity mix to the city — one of the highest amongst all global megacities. GHG emission intensity at 38.32% was lower than FY19.

Business-wise highlights:

Incubator

Adani Enterprises (AEL)

The emerging infrastructure businesses, including the ANIL ecosystem (green hydrogen ecosystem), airports and roads, have picked up momentum over the past few quarters and now contribute 45% of AEL’s total EBITDA. Another emerging business, green energypowered data center, is also progressing well The 500 KTPA copper smelter, built to support captive as well as external copper demand from the renewable industry, is ready for commissioning.

• ANIL: Received COD certification from the Solar Energy Corporation of India for setting up electrolyzer manufacturing.

• For the distribution business, AESL is exploring new geographies like Navi Mumbai in Maharashtra, Greater Noida in Uttar Pradesh, and Mundra in Gujarat.

• The transmission business orderbook stands at USD 2.4 Bn (INR 17,000 crore) after receiving letter of intent for new projects for renewable power evacuation –Khavda Phase-III Part A and KPS-1 (Khavda Pooling Station) Augmentation.

• The new business of smart meters has a pipeline of 21.1 million meters, with contract value of INR 25,000 crore (USD 3 Bn) in Andhra Pradesh and Uttarakhand.

Adani Total Gas Limited (ATGL): Pipeline network increased to 11,712-inch km, PNG connections to 7.79 lakh, and EV charging stations to 329. A total of 45 new CNG stations also added

m.v. “MSC ROSSELLA” Voy : JZ406R

I.G.M.

The above vessel has arrived on 01-03-2024 at MUNDRA PORT with Import cargo from DJIBOUTI. 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

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

m.v. “MSC LEO VI” Voy : IW408A

I. G. M. NO. 2370042 Dtd. 28-02-24 Exch rate 85.52

The above vessel has arrived on 01-03-2024 at MUNDRA PORT with Import cargo from UMM QASR PT.

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

KANDLA-SEZ/GANDHIDHAM

The above vessel has arrived on 01-03-2024 at MUNDRA PORT with Import cargo from UMM QASR PT, SHUWAIKH.

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

MUNDRA

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

Adani portfolio’s record profit growth, robust credit profile set stage for unrivalled green investments

Transport & Logistics Platform

Adani Ports & SEZ (APSEZ): Domestic cargo handled grew 23% YoY — 2.5x India’s growth, achieving a record volume of 311 MT for the first nine months. It is on track to beat the annual volumes guidance.

• The share of non-Mundra domestic ports in volumes has now increased to 56%.

• Vizhinjam port berthed three vessels in the quarter, and is targeting commissioning in Q4 Fy24.

• The Dhamra LNG terminal commenced operations.

• APSEZ sold 49% stake in the Ennore port container terminal to MSC.

• The logistics business delivered the best quarter till date, while adding 23 rakes, Loni and Valvada ICD, and warehouses at NRC and Indore.

• 14% of domestic ports now consume renewable power

Adjacencies

Adani Cements: Added 15% or 8.6 MTPA capacity, taking total capacity to 77.4 MTPA (76.1 MTPA under Ambuja and 1.3 MTPA under AEL). This also includes the successful acquisition of Sanghi Industries (capacity of 6.1 MTPA) and Asian Concretes & Cements (1.5 MTPA –earlier owned 49%).

• Synergies with Adani Portfolio resulted in 90% rise in operating margins. EBITDA/ton is now at USD 1322/ton against USD 695/ton in the corresponding period year ago.

• Ambuja, an Adani cements and building materials company, has committed a significant investment of INR 6,000 crore (USD 720 mn) for renewable power projects, targeting a capacity of 1,000 MW, primarily for captive use.

ESG updates for Q3 FY24 and Trailing Twelve Months

• AGEL was ranked first in ESG assessment with an

improved score for the second consecutive year

• AGEL recorded as water positive for all operational power plants > 200 MW. AESL is 100% water positive for all transmission assets, and Ambuja is 13.1x water positive.

• In the CDP ratings for 2023, all Adani portfolio companies achieved a rating between ‘A’ and ‘B’, a testament of strong adherence to the highest standard of ESG practices. AESL has improved ratings from ‘D’ to ‘B’ a two-level jump

In a significant achievement, AGEL moved up two ranks to the leadership category With this, four Adani portfolio companies, including APSEZ, AGEL, Ambuja and ACC are now in the leadership category

• Ahmedabad and Thiruvananthapuram international airports received Environmental Excellence Awards for their strong commitment to sustainability and outstanding practices in waste recycling, water management, energy efficiency and reduction in gas emissions.

About The Adani Portfolio of Companies

Headquartered in Ahmedabad, the Adani portfolio is the largest and fastest-growing portfolio of diversified businesses in India with interests in logistics (seaports, airports, shipping and rail), resources, power generation and distribution, renewable energy, gas and infrastructure, agro (commodities, edible oil, food products, cold storage and grain silos), public transport infrastructure, defence, and other sectors. Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ and ‘Growth with Goodness’, a guiding principle for sustainable growth. The Portfolio is committed to protecting the environment and improving communities through its CSR programmes based on the principles of sustainability, diversity, and shared values.

PM Modi inaugurates key projects at New Mangalore Port

MANGALORE: Prime Minister Narendra Modi, through a virtual ceremony, initiated the launch of projects at the New Mangalore Port Authority (NMPA), Panambur, marking a significant stride in infrastructure development These projects, valued at Rs 136 crore, aim to bolster the port’s efficiency in cargo operations and provide comprehensive medicalservicestoportpersonnelandthelocalpopulace.

Strategic Enhancements in Port Infrastructure

The inauguration included the commencement of a robust concrete road stretching from Tannirbhavi Road to MK Agrotech within the NMPA premises. Funded at Rs 5 crore, this 12-14 meters wide and 775 meters long road is engineered to support the seamless movement of 80-100 trucks daily, thereby streamlining cargo operations and access to critical storage facilities. Additionally, the construction of two advanced storage sheds, with a collective investment of Rs 23.7 crore, was announced. Each

shed, encompassing an area of 3,500 sqmt, is designed to significantly enhance the port’s capability in handling vital export-import cargo.

Implications and Future Outlook

The unveiling of these projects by Prime Minister Narendra Modi not only underscores the government’s commitment to enhancing the nation’s port infrastructure but also highlights the focus on improving healthcare facilities for the economic backbone of the country – its workers By facilitating smoother cargo operations and providing state-of-the-art healthcare facilities, the New Mangalore Port is poised to play a crucial role in India’s march towards becoming a global trade hub and ensuring the well-being of its citizens. As these projects move from the blueprint to reality, they are expected to create a ripple effect of socio-economic benefits, fostering growth, and prosperity in the region

Indian Railways achieve 1434.03 MT freight loading till February, 2024

NEW DELHI: On cumulative basis from April 2023February 2024, freight loading of 1434.01 MT was achieved by Indian railways against last year’s loading of 1367.5 MT, an improvement of approximate 66.51 MT over last year’s loading for the same period Railways has earned Rs 155557.1 Crore against Rs 149088.1 Crore over the last year which is an improvement of approx. Rs 6468.17 Crore, as compared to the same period of the last year.

During the month of February 2024, originating freight loading of 136.60 MT has been achieved against loading of 124.03 MT in February 2023, which is an improvement of approx 10 13 % over the last year Freight revenue of

Rs. 14931.89 Crores has been achieved in February 2024 against Rs 13700 75 Cr freight earnings in February 2023, thereby showing an improvement of about 8.98 % over the last year

IR achieved loading of 59.08 MT in Coal, 15.11 MT in Iron Ore, 5.69 MT in Pig Iron and Finished Steel, 7.59 MT in Cement (Excl. Clinker), 5.45 MT in Clinker, 5.10 MT in Food grains, 3.962 MT in Fertilizers, 4.06 MT in Mineral Oil, 7.00MT in Containers and 10.66MT in Balance Other Goods during February, 2024.

Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices.

m.v. “MSC LAURENCE” Voy : GA404A

I.G.M. NO. 2370268 Dtd. 01-03-24 Exch rate 85.38

The above vessel has arrived on 02-03-2024 at MUNDRA PORT with Import cargo from ADELAIDE, BRISBANE, MELBOURNE, SYDNEY, VANCOUVER, NINGBO, NANSHA, SHANGHAI, SHEKOU, QINGDAO, TIANJINXINGANG, SEMARANG, BUSAN, COLOMBO, MANZANILLO, BEIRA, NACALA, MAPUTO, BLUFF, NELSON, SINGAPORE, MTWARA, BALTIMORE, LOS ANGELES, LONG BEACH, OAKLAND, PORTLAND, OR, SEATTLE, HAIPHONG, DURBAN.

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

MUNDRA

71 MEDUET718511

72 MEDUET589326

73 MEDUET702416

74 MEDUET702432

75 MEDUET589318

76 MEDUET798265

77 MEDUET589250

78 MEDUET511650

79 MEDUET715244

8 MEDUK2717412

80 MEDUET647934

81 MEDUET660028

82 MEDUET643263

83 MEDUET644238

84 MEDUET651357

85 MEDUET348863

86 MEDUPX368483

87 MEDUPX397698

88 MEDUPX368467

89 MEDUPX625569

9 MEDUKL222552

90 MEDUPX633720

91 MEDUPX628969

92 MEDUPX618333

93 MEDUPX405251

94 MEDUPX381700

95 CQDMF240101208

96 CQDMF240101211

97 MEDUEP480910

98 MEDUEP551058

99 MEDUEP561206

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

Nirmala Sitharaman launches Electronic Data Interchange (EDI) at

remote Land Customs Stations in North Eastern States

• Remote LCS being EDI enabled will help in providing real-me data of movement of goods: Union Finance Minister

• EDI enablement of customs staons is making tax system and customs procedures ‘faceless’ and ‘automated’: Revenue Secretary

• North Eastern Region (NER) holds a high geostrategic significance and carries an immense trade potenal as the Land Custom Staons (LCS) enable flow of trade and transit with neighbouring countries: CBIC Chairman

• CBIC firmly commied to leveraged technology for benefit of trade and commerce: CBIC Member (Customs)

• Movement of goods and customs clearances to now become more efficient, thus enhancing regional trade and fostering economic growth

NEW DELHI: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at Land Customs Stations (LCS) of the North East Region (NER), via virtual mode in New Delhi. With these remote LCS getting EDIenabled, the movement of goods and customs clearances will now become more efficient, thus enhancing regional trade and fostering economic growth.

The EDI launch was also attended by Shri Sanjay Malhotra, Revenue Secretary, Ministry of Finance; Shri Sanjay Kumar Agarwal, Chairman, Central Board of I n d i r e c t T a x e s a n d C u s t o m s ( C B I C ) ; Shri Alok Shukla, Member (Admin & Vig), CBIC; Shri Vivek Ranjan, Member (Tax Policy & Legal), CBIC; Shri Surjit Bhujabal, Member (Customs), CBIC; Smt. Aruna Narayan Gupta, Member (IT & Tax Payer Services & Technology), CBIC; and senior officials of CBIC and Department of Revenue, Ministry of Finance.

Led by Prime Minister Shri Narendra Modi’s vision for creating modern digital infrastructure and ensuring that the benefits of the digital revolution reach everyone, the Union Finance Minister, in her speech at Guwahati on 21st July, 2023, had commended the Central Board of Indirect Taxes and Customs (CBIC) for converting the non-EDI LCS, mostly located in remote border areas of North and North-East India, into EDI-integrated LCS. She had exhorted the department to incorporate the rest of the functional LCS in NER into the EDI System.

During her address at the launch of EDI at Land Customs Stations in the North East region, Smt. Sitharaman called upon the CBIC and Customs to address the challenges faced by exports and stated that remote LCS getting EDI enabled is important as it will help in providing real-time data on the movement of goods.

The Union Finance Minister also called upon the Customs Department to be alert and vigilant while manning the post in sensitive border areas, especially in areas that are densely populated and vulnerable.

In his address on the occasion, Shri Malhotra said, “The vision of our Prime Minister Shri Narendra Modi to make India a developed country by 2047 involves creation of modern digital infrastructure and use of technology so as to ensure that benefits of digital revolution reach all the citizens. The Electronic Data Interchange (EDI) enablement of the customs stations is one such step in this direction in making tax system and the customs procedures ‘faceless’ and ‘automated’.”

“It is heartening to know that through this event, CBIC has broughtthemuchneededfocusonthedevelopmentofNorthEast India by enabling EDI at the land customs stations in these remotestpartsofNER,”ShriMalhotraadded

In his welcome address on the occasion, Shri Agarwal said that the North Eastern Region (NER) holds a high geostrategic significance and carries an immense trade potential as the Land Custom Stations (LCS) enable flow of trade and transit with neighbouring countries.

Shri Agarwal further said that there are 44 LCSs in NER covering 7 States — Assam, Meghalaya, Tripura, Mizoram, Manipur, Arunachal Pradesh and Sikkim. The creation of physical infrastructure and automation of custom processes at the LCSs have always remained a priority of the Indian Customs.

While giving Vote of Thanks, Shri Surjit Bhujabal, Member (Customs), said, “The launch of the EDI system today signifies a monumental step towards enhancing efficiency and promoting Ease of Doing Business in the remote locations of NER. This achievement underscores our firm commitment to leveraging technology for the benefit of trade and commerce.”

With a focus on harnessing technology for development of NER, the CBIC has completed the task of EDI enablement at the following LCS - Ghasuapara, Bholaganj, Shellabazar, Borsora, Khowaighat, Baghmara, Golakganj, Karimganj and Dawki along Indo-Bangladesh border and Zokhawthar along Indo-Myanmar border These LCSs presented distinct challenges, situated in far-flung areas without Optical Fibre or Mobile Networks. CBIC overcame these obstacles by installing VSAT at several locations. The journey symbolizes not only the technical enhancement of Customs operations but also the commitment of CBIC towards nation's progress in Kartavya Kaal.

Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029

NEW DELHI: Indian freight and logistics market is estimated to grow at 8.8 per cent annually to USD 484.43 billion by 2029 from USD 317.26 billion in 2024 due to technological advancement, as per a report released at logistic fair LogiMAT India.

According to a statement, the integration of cutting-edge technologies and advancements in intralogistics, automation, warehousing, and transportation management heralds a transformative era for the logistics sector in India.

Indian freight and logistics market is poised for remarkable growth.

LogiMAT India 2024 projections indicate a surge in market size to USD 317.26 billion by 2024, with a projected CAGR of 8.83 per cent, catapulting it to USD 484.43 billion by 2029.

This surge not only signifies robust economic expansion but also holds the promise of substantial job creation and enhanced business scalability, it stated.

Together, these developments are set to redefine the logistics landscape, ushering in a new era of efficiency and innovation.

Sachin Patil, MD and CEO of Messe Stuttgart said the transformative potential of new technologies and innovations showcased at LogiMAT India is immense.

“We envision these advancements to not only attract substantial investments to India’s logistics sector, but also to create a significant number of jobs, driving economic growth and prosperity,” he added Furthermore, these technologies have the potential to scale logistics businesses to unprecedented levels, enablingthemtooptimiseoperations,enhancecustomerservice, andachievegreaterprofitability,thestatementsaid.

By leveraging robotics, automation, AI, and other cuttingedge solutions, logistics companies can streamline processes, reduce costs, and stay ahead of the competition in today’s dynamic business environment, it pointed out.

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m.v. “TINA

I” V-2405E

(FWI/NWX

- MSK)

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m.v “CELSIUS NAIROBI” V-2408W (IGX - UNF), IGM: 2370129 DTD. : 01-03-2024

The above vessel has arrived at Mundra on 29-02-2024 as per following details.

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DPIIT and World Bank jointly deliberates on Logistics Efficiency Enhancement in National Workshop

NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry in collaboration with the World Bank Group organised a National Workshop on Logistics Efficiency Enhancement, on February 27, 2024, in New Delhi that brought together the logistics sector community to brainstorm and identify factors affecting logistics performance and areas of improvement.

The inaugural session of the workshop was held in the presence of Additional Secretary, DPIIT, Shri Rajeev S. Thakur; Joint Secretary, DPIIT, Shri E. Srinivas; Country Director, World Bank, Mr. Auguste Tano Kouame; and Country Director, Asian Development Bank (ADB), Ms Mio Oka Over 100 participants from various Ministries/Departments of the Government of India, officials from States, Multilateral Institutions, and Industry Associations participated in the event.

The workshop was divided into three sessions. Session I covered discussions on the approach and methodology adopted in the calculation of the Logistics Performance Index (LPI) by the World Bank. During the session, representatives from the World Bank highlighted the change in the LPI calculation approach and new Key Performance Indicators (KPIs) that would measure the actual speed of trade around the world, thereby moving from a perception-based survey methodology to a more data-based analysis.

Session II discussed the corridor approach including Bharatmala and Sagarmala Corridors which is enhancing logistics efficiency, bringing down logistics costs, and increasing first and last mile connectivity While Bharatmala project is optimising the efficiency of freight and passenger movement across the country, by bridging critical infrastructure gaps, Sagarmala project is enabling port led industrialization and incentivizing employment generation.

During session III, officials from States shared best practices, reforms, and digital initiatives undertaken to improve logistics efficiency They further highlighted the challenges faced by States in achieving goals outlined in their state logistics policies and key areas where support by the Central Government, private sector, and other stakeholders are needed.

This workshop greatly contributed to a better understanding of LPI calculation methodology and its six parameters. Deliberations on databases such as E-Way Bill, Fastag, etc. emerging from increased levels of digitisation to ease logistics operations in India, remained the central theme for the day, followed by the area-based economic corridor development approach adopted by different Ministries in India. The day’s discussions culminated into a consensus among concerned Ministries/Departments to develop focussed action plans for reducing logistics cost, improving logistics efficiency, addressing both hard and digital infrastructure bottlenecks in consultation with DPIIT and concerned stakeholders.

Many countries want to start rupee trade with India: Nirmala Sitharaman

NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said many countries are negotiating to start trade in rupee as the country’s fundamentals are strong and the Indian unit has been “mostly stable” against most of the international currencies.

“Indian Rupee being mostly stable against most of the international currencies except for the US dollar, where it had volatility. But even in that case, compared to many other currencies, the Indian rupee has been far more stable even against the US dollar

“And therefore, you find countries today wanting to have trade relations built on rupee trade,” said Sitharaman while addressing an event.

Observing that rupee trade could have “teething problems”, Sitharaman said it is, however, helping many of the countries, which has dollar shortages.

“We have evolved to a stage where we recognise that the Indian rupee, in some regions at least, is used as an instrument of trading currencies Your macroeconomic stability tells you that,” Sitharaman said.

India has started trade in the rupee with neighbouring countries, including Nepal and Bhutan. The rupee trade mechanism has been initiated to facilitate trade in national currency with Russia, while Sri Lanka has included the rupee in its list of designated foreign currencies.

India has a huge market size and has a population of middle class with purchasing power for whom they can produce. And that number of middle class by 2047 could be anywhere between 102 crore, Sitharaman added.

“India is being taken seriously only because the economy is a lot more stable now Taxation policies are a lot more predictable, and systems are a lot more transparent… We have received the highest FDI beyond USD 600 billion and our reserves are also matching… Economic fundamentals being absolutely stable and strong, which gives us the position that people take us seriously, want to engage with us and we are willing to listen to the suggestions given by India,” she noted.

The Minister said that the global fora, be it the G20 or the UN, are all now focusing on India’s solutions in reforming institutions, which will help in building a better 21st Century for all. It reflects on India’s important role in the evolving global landscape.

Sitharaman said India was able to meet the challenges of COVID-19 and other economic issues because of the “responsive Government”.

“A Government, which was ready to listen to the people, to those affected, to observers, to experts and sieve through all the suggestions to come up with solutions and relief measures,” she said.

India’s forex reserves up by $2.98 bn to $619.1 bn as of Feb 23

Mumbai: India’s foreign exchange reserves surged by of $2.98 billion to $619.07 billion for the week ending on February 23 , latest data by the Reserve Bank of India (RBI) showed. Previously, forex reserves dropped by $1.13 billion to $616.1 billion, for the week ended on February 16, 2024.

According to the Weekly Statistical Supplement released

by the RBI, Foreign currency assets (FCAs) increased by $2.41 billion to $548.19 billion. Gold reserves expanded by $472 million to $47.85 billion, while SDRs were up by $89 million to $18.2 billion.

Reserve position in the IMF increased by $9 million to $4.84 billion.

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m.v “ZHONG GU LIN YI” V-2404E (ADHOC - ESA)

I.G.M. NO. 2370207 DATE :01-03-2024

The above vessel has arrived at Mundra on 01-03-2024 as per following details.

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If there is any delay in CY-CFS / lCD's movement due to port congestion or any other cause beyond the control of the Shipping Line / Agents are not responsible for the same. Also note that the Shipping Line / or their Agents will not be held responsible for auction by Port / Customs / Custodian of uncleared cargo on expiry of stipulated period as laid down in the byelaws. Consignees are advised that the carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods.

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The above vessel has arrived at Mundra on 03-03-2024 as per following details.

Consignees are requested to obtain the DELIVERY ORDERS on presentation of ORIGINAL BILLS OF LADING duly discharged and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

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Transindia Real Estate signs definitive agreement to optimize its portfolio with divestment of companies

MUMBAI: Pursuant to demerger, Transindia Real Estate Limited (“the Company”), resulting company of Allcargo Logistics Limited, has signed a definitive agreement to sell its logistics park at Jhajjar in Haryana at an enterprise value of approximately Rs. 636 71 crore The deal consummation will help Transindia Real Estate Limited (TREL) realize substantial value from this divestment and continue to have zero debt.

Additionally, the Company has also divested its 10% stake held in Malur Logistics & Industrial Parks Private Limited, Venkatapura Logistics & Industrial Parks Private Limited, Kalina Warehousing Private Limited, Panvel Warehousing Private Limited, and Allcargo Logistics & Industrial Park Private Limited, for an equity consideration of near Rs. 4.55 Crores.

As a result of this divestment, Transindia Real Estate Limited, will receive over Rs. 433.37 crore as cash proceeds The company will deploy the capital to fuel its growth plans and expand its operations in various locations. The deal will also boost the company’s financial capabilities, paving the way for fresh investmentsinemergingbusinessgrowthopportunities.

Mr. Shashi Kiran Shetty, Founder and Chairman of Allcargo Group, said, “The logistic industry is on the cusp of transformational growth due to the gover nment’s continued focus on logistics infrastructure development for creating an effective infrastructure connectivity This milestone not only reflects our dedication to quality and innovation but also solidifies our position as industry leaders. TREL will continue to drive logistics infrastructure development to leverage the emerging opportunities with the construction of world class industrial and logistics parks.”

Mr. Jatin Chokshi, Managing Director of Transindia Real Estate Limited, said, “Being a key player in the fields of real estate, warehousing, and

commercial logistics, our focus has always been in developing cutting-edge logistics parks across India.

O u r i n f r a s t r u c t u r e development initiatives are in line with our vision to develop assets that create value and are customised to m e e t i n t e r n a t i o n a l standards and specific business requirements. As India is making steady progress in becoming a key global manufacturing hub and third largest economy, we are working towards playing our role to facilitate the journey by developing world-class logistics projects.”

TREL has a proven track record of developing and managing 5.05 million sq ft of industrial and logistics parks at JNPT in Maharashtra, Farukh Nagar in Haryana, Malur in Karnataka, Patancheru in Telangana, Hosur in Tamil Nadu and Verna in Goa to cater to the major micro-markets in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai and Goa, respectively

TREL's approach of attracting marquee clients and seamlessly transitioning to asset sales demonstrates a strategic vision that maximizes returns while ensuring sustained growth and success. With a track record of excellence and a commitment to delivering unparalleled value, TREL continues to set new benchmarks in the real estate development landscape.

TREL is currently working on to build Grade A warehousing space in Malur, Karnataka and exploring potential space in Tamil Nadu and Uttar Pradesh. The company is expanding its presence across key locations by setting up a state-of-the-art Grade A warehouse with built to global infrastructure, highest level of safety and security. Powered by environmentfriendly technology and green energy, the advanced logistics infrastructure of TREL upholds the Allcargo Group’s vision to reduce carbon footprint and minimize environmental impact.

Maersk warns Red Sea disruptions could last into second half of year

C O P E N H A G E N : Maersk has war ned of disruptions to Container Shipping via the Red Sea dragging into the second half of the year and of heavy congestion and delays for U.S.-bound goods.

Major Container Shipping companies have switched away from the Red Sea and Suez Canal to the longer route around Africa’s Cape of Good Hope following attacks on shipping by Houthi militants.

“Be prepared for the Red Sea situation to last into the second half of the year and build longer transit times into your supply chain planning,” Maersk’s Head of North America, Charles van der Steene, said in a statement.

Maersk, a bellwether for global trade, has added about 6% in vessel capacity to offset delays as vessels take the longer route around southern Africa, it said.

The Copenhagen-based company also told customers, which include retail giants such as Walmart and Nike, to prepare for higher supply chain costs.

Longer sailing times have already boosted freight rates.

“Many customers factor a cost per unit into their budgeting, and if that fundamentally changes due to all of this volatility, it could have a big impact on overall costs,” van der Steene said.

Longer sailing times around Africa have also meant significant delays for vessels bound for the U.S. East Coast, said Maersk, advising customers to consider alternative ports in Mexico, the Pacific Northwest, and Los Angeles for goods bound for the East Coast.

Heavy congestion in Oakland, California, have also resulted in delays for container vessels returning to Asia to pick up goods, Maersk noted.

Mr. Jatin Chokshi