GUJ-04-07-2024 by Daily Shipping Times

MUMBAI : (022)22661756 / 1422, 22691407

+ NORTH INDIA

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

KANDLA : (02836)222665/225790, E-Mail:dstimeskdl@gmail.com

Sushil Kumar Singh assumes office as Chairperson of DPA

U M B A I : Shri Sushil Kumar Singh, IRSME, a Joint Secretary looking after Ports/ P P P a n d P H R D in the Ministr y of

hipping

office as Chairperson of Deendayal Port Authority

Shri Sushil Singh is an Indian Railway Ser vice of Mechanical Engineering (IRSME) officer of 1993 batch - one of the group 'A' central engineering services of the Indian Railways. He succeeds S K Mehta who stepped down from the post in April after a five-year term.

Deendayal Port Authority runs India's second biggest state-owned commercial port by volume handled.

Sarbananda Sonowal holds Pre-Budget Meeting with Stakeholders;

Aims to position India as a Global Maritime Hub

NEW DELHI: In preparation for the upcoming budget, Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal held a productive pre-budget meeting with various stakeholders in New Delhi The meeting aimed to facilitate open discussions and gather valuable insights from experts and stakeholders across different sectors.

During the meeting Shri Sarbananda Sonowal highlighted the government's commitment to fostering a collaborative environment, encouraging stakeholders to share their suggestionsandideasforthenationbuilding.

Cont’d. Pg. 17

Adani Ports Mundra records 51.2 MMT cargo handling in first quarter

MUMBAI: Adani Ports and Special Economic Zone Limited (APSEZ) continues to achieve new milestones in operations APSEZ has once again set new benchmarks with significant growth in cargo volume in June 2024. Adani Ports Mundra has achieved a significant milestone by handling 51.2 MMT in the first quarter of FY 2024-25, an increase of 7.3% over its previous record. The last highest cargo handling volume was 47.7 MMT, which was achieved in Q-3 of FY 2023 – 24.

In addition to this achievement, Adani Ports Mundra

has created a new record in container train handling. Handled 1,594 container trains in June 2024 with a total of 1,68,000 container movements. This record surpassed the previous record set in March 2024 when 1,573 container trains were handled and 162,000 container movements were made.

Internationally, APSEZ's annual cargo volume capacity has increased by 12 percent to 37 million metric tons (MMT) Under this operation, an annual increase of 33 percent in container volumes and 8 percent increase in liquid and gas cargoes has been recorded.

/vipul@venusclg.com

Cont’d. Pg. 17

Shri Sushil Kumar Singh, IRSME

DPA creates New Salt handling Milestone

G A N D H I D H A M :

Deendayal Port Authority, Kandla has announced that it has set a new record. “In June 2024, DPA handled an astounding 16,63,618 MT of Salt, surpassing previous high of 12,84,545 MT from January 2024.”

Kudos to the dynamic leadership of Shri Sushil Kumar Singh, IRSME, Chairperson & Shri Nandeesh Shukla, IRTS, Dy. Chairman and the unwavering support of all HoDs. “Our dedicated team’s meticulous planning and efficient operations have made this possible.”

DPA achieves astounding handling of 6,77,204 MT of cargo in just 24 hours; 1st in Major Ports

G A N D H I D H A M :

Deendayal Port Authority, Kandla has set a new record by handling an astounding 6,77,204 MT of cargo in just 24 hours on June 28, 2024. This milestone is also the highest ever among all Major Ports of India, which has made them proud to surpass their previous record of 6,64,904 MT from January 23, 2023.

Kudos to Trafc Manager Shri Ratna Sekhar Rao & Dy. Conservator Capt. Pradeep Mohanty along with their entire team for this remarkable achievement, making it a historic moment for DPA. Chairman & Dy Chairman congratulated Team DPA on this outstanding accomplishment

Inaugural ‘Port Link Express’ export train flagged off from Balmer Lawrie CFS for Haldia

KOLKATA: In a significant step towards enhancing trade logistics, the inaugural ‘Port Link Express’ export train, a pioneering cost-effective and eco-friendly land bridge initiative, departed for Haldia from the Balmer Lawrie Container Freight Station (CFS) recently. This first train, operated by Hind Terminals, carried 90 export TEUs (Twenty-foot Equivalent Units) of the MSC Line, marking a milestone in logistics in the Haldia-Kolkata-Haldia sector

The train was ceremoniously flagged off by Sri Samrat Rahi, Dy Chairman of Syama Prasad Mookerjee Port, Kolkata (SMPK), in the august presence of Shri Ratna Sekhar Adika - C&MD Balmer Lawrie , Shri Adhip Pal Chaudhuri Director [Service Business] Balmer Lawrie, Capt Nitin Puri- Regional Sr Vice President- MSC, Shri P Srinivas Rao Vice PresidentHTPL, Shri Pallab Bhatta Sr General ManagerElectrosteel Group Castings, Smt. Bharati Singh Asst. Comm. of customs. The event was attended by other senior officials from the Port, Balmer Lawrie & Co. Ltd., MSC Line, the shipper M/s Electrosteel Castings Ltd, and the rail operator M/s Hind Terminals. The ‘Port Link Express’ is expected to significantly boost trade efficiency by enabling 2 to 3 trains per week to move between Haldia and Kolkata.

This initiative not only promises to reduce logistics costs but also aims to lessen the carbon footprint,

thereby promoting sustainable trade practices

The launch event highlighted the collaborative efforts of various stakeholders in the maritime and logistics sectors. The presence of senior officials from Balmer Lawrie & Co Ltd, MSC Line, Hind Terminals and the shipper Electrosteel Castings Ltd underscores the collective endeavour to improve trade logistics and operational efficiency The ‘Port Link Express’ initiative is poised to become a vital component of the region’s trade infrastructure, fostering economic growth and environmental sustainability.

m.v. “MSC MAEVA” Voy : IP426A

I.G.M. NO. 2381250 Dtd. 01-07-24 Exch rate 86.03

The above vessel has arrived on 03-07-2024 at MUNDRA PORT with Import cargo from HAMBURG. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA PORT SEZ

The above vessel has arrived on 03-07-2024 at MUNDRA PORT with Import cargo from LONDON GATEWAY PORT. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

GANDHIDHAM

The above vessel has arrived on 03-07-2024 at MUNDRA PORT with Import cargo from ANTWERP, HAMBURG. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

KANDLA-SEZ/GANDHIDHAM

The above vessel has arrived on 03-07-2024 at MUNDRA PORT with Import cargo from ANTWERP, RIO GRANDE, HAMBURG, HELSINKI, RAUMA, FELIXSTOWE, LONDON GATEWAY PORT, PORTBURY, DUBLIN, CORK, KLAIPEDA, ROTTERDAM, CALLAO, GDYNIA, NORRKOPING.

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

MEDUAX847810

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

SHIPPING MOVEMENTS AT GUJARAT PORTS

TODAY’S TIDE 04/07/2024

Cargo Steamer's Agent's ETD

Jetty Name Name

CJ-I Kurushima DBC 06/07

CJ-II Adonnis Arnav Shpg. 05/07

CJ-III Mercury DBC 06/07

CJ-IV MK Lamis DBC 08/07

CJ-V Fuji Harmony DBC 05/07

CJ-VI Diva Aditya Marine 06/07

CJ-VII Nikoloas A Interocean 06/07

CJ-VIII VACANT

CJ-IX Otzias Sealink 07/07

CJ-X Cos Prosperity Interocean 06/07

CJ-XI VACANT

CJ-XII Safeen Power ULSSL 05/07

CJ-XIII Amateras Harmony DBC 05/07

CJ-XIV Poavosa Wisdom VI Mihir & Co. 07/07

CJ-XV Star Goal Chowgule S. 06/07

CJ-XVAVACANT

CJ-XVI Defne J M Baxi 07/07 TUNA VESSEL'S NAME AGENT'S NAME ETD

CJ-II

VESSELS IN PORT & DUE FOR EXPORT LOADING

09/07 AL Mothanna Malara Shpg. Dji Bouti

CJ-XVI

CJ-VI Diva Aditya

2024061122

2024051308

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

OJ-I VACANT

OJ-II NV Minerva Interocean 05/07

OJ-III Stolt Orca J M Baxi 05/07

OJ-IV Teesta Aries Marine 05/07

OJ-V VACANT

OJ-VI VACANT

OJ-VII Blossom Glory 05/07 African Gannet

Starwind Exploter 01/07 China

SCI Chennai 02/07 Jebel Ali

Bhardwaj 02/07 Jebel Ali

Xin Hai Tong 23 02/07 China MY Zeynep 02/07

TCI Anand 03/07 Manglore/ Cochin/Tuticorin Mermaid 03/07

Nazenin 03/07

Prince Khalid 04/07 Sudan Sea Eagle 04/07 Iran

Inspiration Lake 04/07

Anahita 04/07 China

Cos Prosperity Interocean Ras Al Khair

Eurostar DBC

CJ-V Fuji Harmony DBC

05/07 Hai Phoung 87 Chowgule S.

CJ-IX Otzias Sealink

CJ-VII Nikoloas A Interocean

Stream Patmos John Aditya Marine Visakhapatnam

CJ-XIV Poavosa Wisdom VI Mihir & Co.

LIQUID CARGO VESSELS

2024071001

2024061188

2024061312

2024061344

Condor

07/07 Elandra Sea Interocean

07/07 Maersk Belfast Interocean Brazil

2024071002

2024061359

2024061321

Chem 2024061365

CDSBO 2024061274

T. CDSBO 2024061318

OJ-II NV Minerva Interocean San Lorenzo 18,062 T. CPO 2024061213

Stream Sakura Shuchi J M Baxi Indonesia 17,575 T. RBD Palm 2024061311

06/07 Siya Ram Marinelinks Malaysia

OJ-III Stolt Orca J M Baxi Houston

T. CPO 2024061337

OJ-IV Teesta Aries Marine Oman 16,486 T. Chem 2024061366

Stream T Vega Samudra Al Jubail 6,000 T. Chem 2024061347

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

DP WORLD MUNDRA

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

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

05/07 Zhong Gu Hang Zhou (V-24001E) 4062423 MBK Logistix Nhava Sheva

05/07 Maersk Chachai (V-426W) 4062187 Maersk India Nhava Sheva

05/07 Wan Hai 523 V-2030E) 4062321 Wan Hai Line Nhava Sheva

Maersk Line Maersk India Seaspan Jakarta (V-426W) Pipavav 30-06-2024 Wan Hai 316 (V-217W) Nhava Sheva 30-06-2024 Interasia Enhance (V-35E) Port Kelang 01-07-2024

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

PIPAVAV PORT

05/07 04/07-1800 W Kyrenia 426W 24219 Maersk Line Maersk India Algeciras

12/07 11/07-1800 Maersk Kensigton 427W 24223

TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND PACIFIC

04/07 04/07-1500 X-Press Phoenix 24027E 24225 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 05/07 10/07 10/07-1700 Maersk Frankfurt 428E 24220 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 11/07 17/07 17/07-1500 GSL Nicoletta 429E 24234 Sinokor / Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan

04/07 04/07-1500 Seaspan Adonis 075E 24211 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 05/07 10/07 10/07-1700 One Altair 065E 24217 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3)

14/07 14/07-1500 One Arcadia 069E 24230

07/07 07/07-1400 One Reliability 0054E24213 X-Press Feeders Merchant Shpg. Port Kelang,

15/07-1300 X-Press Antlia 24004E 24231

08/07 07/07-1500 Startford 130E 24215 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 09/07 10/07 09/07-2200 Xin Da Yang Zhou 094E 24227 Gold Star / RCL Star Shpg/RCL Ag. (CIXA)

130E 24215 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)

09/07-2200 Xin Da Yang Zhou 094E 24227

15/07-0600

04/07-1500 Seaspan Adonis 075E 24211

FOR US & CANADA WEST COAST

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

m.v. “ASL TAIPEI” V - 02426W

I.G.M. NO.: 2380455 DTD. 21-06-2024

The above vessel has arrived at Mundra on 27-06-2024 as per following details.

Item Nos. B/L NOS. Item Nos. B/L NOS. 1 EPIRKWSLSC201629 2 EPIREGSPMS002857

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. 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.

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

Aura Commercial Building, Ward 6, Plot No. 23 Commercial, Office No. S/3 & 4, 2nd Floor, Aerodrome Road, Opp. Om Cineplex, Gandhidham, Gujarat - 370201.

In case of any query kindly contact the below E-mail IDS & Phone Numbers : IMPORT related : ravi.vaghela@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 89809 97977 EXPORT related : hardik.jadeja@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

IGM Tracking : http://www.emiratesline.com : 8090/eadmins/igm_main.jsp.

NOTICE TO CONSIGNEES

m.v.

“ZHONG GU KUN MING ” V - 02424

I.G.M. NO : 2380509 DTD. 22-06-2024

The above vessel has arrived at Mundra on 30-06-2024 as per following details.

EPIRCHNXIA220344

EPIRCHNCWA261415

EPIRCHNCWA261385

EPIRCHNCWA261389

EPIRCHNCWA261392

EPIRCHNCWA261400

EPIRCHNCWA261401

EPIRCHNCWA260479

EPIRCHNCWA260952

EPIRCHNCWA261435

20 EPIRCHNCWA261436

21 EPIRCHNCWA261402

EPIRCHNCWA261403

EPIRCHNCWA261404

EPIRCHNCWA261405

EPIRCHNCWA261411

26 EPIRCHNCWA261492

27 JADESE240611118

28 SZOE24060317

29 YT24060855

30 JADESE240611121

31 JADESE240611120

32 SZOE24060345

33 YT24060852

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.

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

Aura Commercial Building, Ward 6, Plot No. 23 Commercial, Office No. S/3 & 4, 2nd Floor, Aerodrome Road, Opp. Om Cineplex, Gandhidham, Gujarat - 370201. In case of any query kindly contact the below E-mail IDS & Phone Numbers :

IMPORT related : ravi.vaghela@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 89809 97977

EXPORT related : hardik.jadeja@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

IGM Tracking : http://www.emiratesline.com : 8090/eadmins/igm_main.jsp.

The above vessel has arrived on 02-07-2024 at MUNDRA PORT with Import cargo from SHARJAH, SOHAR. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA

No. B/L No.

- 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

“ZHONG GU CHANG SHA” V - 2421W

I.G.M. NO : 2380509 DTD. 22-06-2024

The above vessel has arrived at Mundra on 27-06-2024 as per following details.

EPIRVNVELG213125

EPIRVNVELG213143 10

EPIRVNVELG213162

11 VTL24050192

PENHAN2405051

EPIRVNESHN202954

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

Sarbananda Sonowal holds Pre-Budget Meeting with Stakeholders; Aims to position India as a Global Maritime Hub

• Shri Sarbananda Sonowal encouraged stakeholders to share their suggesons and ideas for the beermentofthenaon

• This interacon with stakeholders has given the Ministry of Ports, Shipping, and Waterways valuable perspecves that will aid in craing a more inclusive and growth-oriented budget, in line with our ambiousMIV2030andAmritKaalVision2047:ShriSarbanandaSonowal

• The government's focus is on developing a robust marime ecosystem that fosters economic growth andenvironmentalsustainability.WithiniavesliketheVadhavanMegaTransshipmentPortandthe CruiseIndiaMission,theMinistryofPorts,Shipping,andWaterwaysaimstoposionIndiaasaglobal marimehub:ShriSarbanandaSonowal.

Cont’d. from Pg. 4

The Ministry of Ports, Shipping, and Waterways is committed to developing sustainable, world-class maritime and inland waterways infrastructure to enhance Export-Import trade and support economic growth.

The Ministry of Ports, Shipping, and Waterways is spearheading several strategic initiatives to strengthen India’s maritime sector, focusing on sustainable and world-class infrastructure Key initiatives include the Sagarmala Programme, with projects worth Rs. 5100 Cr, and the Shipbuilding Financial Assistance Policy supporting shipyards The Harit Nauka initiative will promote green fuel transportation in inland waterways, while the Maritime Development Fund (MDF) and Ship Owning and Leasing Entity (SOLE) will support financing to boost ship acquisition and Indian ownership. Major projects such as Vadhavan Mega Transshipment Port and Galathea Bay Transshipment Port are set to generate significant employment and increase handling capacities. The Cruise India Mission seeks to triple cruise traffic, and Odisha Waterway Development is exploring the feasibility to transport cargo through NW5. Policy reforms in tax and GST, support for shipbuilding, and green initiatives underscore the Ministry’s commitment to economic growth and environmental sustainability, enhancing India’s competitiveness in the maritime sector

‘The enthusiastic participation and valuable contributions from our stakeholders are truly commendable This interaction has given the Ministry of Ports, Shipping, and Waterways with insightful perspectives, that will undoubtedly help in shaping a more inclusive and growth-oriented budget, aligned with Hon’ble Prime Minister’s ambitious vision of MIV 2030 and Amrit Kaal Vision 2047’, said Union Minister, MoPSW Shri Sarbananda Sonowal

‘The government’s focus is on building a robust maritime ecosystem that supports economic growth and environmental sustainability With projects like the Vadhavan Mega Transshipment Port and the Cruise India Mission, MoPSW is poised to make India a global maritime hub’, added Shri Sarbananda Sonowal

The discussions centred on identifying growth opportunities, addressing challenges, and exploring innovative solutions to advance the country This aligns with the MIV 2030 Vision, aiming to make India a $5 trillion economy and Amrit Kaal Vision 2047, which envisions India as a developed nation with a robust economy, vibrant culture, prominent global presence, and a thriving shipping sector.

The meeting witnessed active participation of more than 150 stakeholders (including online as well) from Major Ports, Shipping sector, Inland Waterways Authority of India (IWAI), Directorate General of Shipping (DG Shipping) and representatives from FICCI, CII, National Union of Seafarers of India, Assocham, Shipyard Association of India, Maersk, DP World, JM Baxi, TCI Seaways, MSC etc. All stakeholders shared their views on crucial issues such as economic growth, infrastructure development etc.

The pre-budget meeting with stakeholders highlights the government's commitment to engaging with diverse groups and ensuring their voices are heard. The feedback and suggestions gathered will be crucial in shaping the upcoming budget, ultimately contributing to the nation's progress and prosperity, as we strive towards achieving our visionary goals.

Adani Ports Mundra records 51.2 MMT cargo handling in first quarter

Cont’d. from Pg. 4

Adani Group's port business volumes grew by 24 per cent year-on-year, with ten domestic ports recording their highest ever cargo volumes. Adani Ports recorded a total cargo volume of 109 MMT for the quarter ending June 30, 2024, a growth of 7.5 percent over the same period last year This growth was mainly due to an 18 percent increase in container cargo and an 11 percent increase in liquid and gas cargo.

In the logistics segment, APSEZ saw a 19 percent increase in quarterly rail volumes, reaching 156,590 TEUs, and GPWIS volumes totaling 5.56 MMT, a 28 percent yearon-year increase. Kattupalli port has handled its highest ever monthly cargo volume of 1.36 MMT

In April 2024, the company handled its highest ever monthly cargo volume of 420 MMT, a year-on-year growth of 24 percent. Notably, March 2024 saw a monthly volume of over 38 MMT

According to a report earlier this month, the market capitalization of APSEZ reached around $37 billion. It also surpassed the Beijing-Shanghai High Speed Railway Company This landmark figure of increasing cargo volume indicates an upward trend in the company's S&P BSE Sensex index.

APSEZ handled 27 percent of India's total cargo and 44 percent of container cargo in the year to March 31, 2024 (FY24). Adani Ports handled more than a quarter of all cargo volumes in India in FY2024.

Adani Ports gets extension for dredging of Muthalapozhi Harbour Channel

KOCHI : Kerala Port Minister Shri V N Vasavan said Adani Ports has been given an extension to complete the dredging activities in the navigation channel of nearby Muthalappozhi Harbour, which has been witnessing frequent boat accidents and deaths for some years. While giving a reply during the

question hour, the minister said the government had entered into an agreement with the Adani Ports in this regard in 2018, and the contract expired on June 11 this year

Another legislator M Vincent also urged the government to take urgent short-term measures to address the concerns of fishermen in the hamlet.

Rs 164 crore project to the Centre for the development of Muthalapozhi, it would take several years to get the final nod from the union government and for its completion after finishing t h

subsequent works.

Railways achieves 135.46 MT freight loading in June 2024

NEW DELHI: During the month of June 2024, originating freight loading of 135 46MT has been achieved against loading of 123.06MT in June 2023, which is an improvement of approx 10 07% over the last year Freight revenue of Rs 14,798 11 Crores has been achieved in June 2024 against Rs 13,316.81 cr freight earnings in June 2023, thereby showing an improvement of about

11.12% over the last year IR achieved loading of 60.27 MT in Coal (excluding imported coal), 8.82MT in imported coal, 15 07 MT in Iron Ore, 5 36 MT in P ig Iron and Finished Steel, 7 56 MT in Cement (Excl Clinker), 5 28 MT in Clinker, 4 21 MT in Foodgrains, 5 30 MT in Fertilizers, 4 18 MT in Mineral Oil, 6 97 MT in Containers and 10 06 MT in Balance

Other Goods during June, 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. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.

Govt may opt for 5-7% stake sale in CONCOR

N E W D E L H I : T h e

Government of India is considering selling five to s e v e n p e r c e n t o f t h e

Container Corp of India (CONCOR) after plans for a strategic sale to privatise the company met with lukewarm interest, Government sources said.

Based on its current market capitalisation, the stake marked for sale in CONCOR is estimated to be worth about Rs. 3,500 crore- Rs. 4,700 crore.

The divestment of CONCOR has been indefinitely suspended due to

the absence of potential buyers, several Government officials said Factors like the company’s failure to lower its land leasing fee and lack of backing from the Ministry of Railways h a v e r e p o r t e d l y d i s c o u r a g e d potential buyers

The Government’s revised plan involves selling stake in CONCOR in smaller chunks, with discussions ongoing with financial institutions. The decision to sell a smaller stake comes amid a considerable surge in the company’s valuations, with its market capitalisation increasing by 200% to

Rs. 62,470.95 crore since the divestment approval in November 2019.

The state-run company’s inability to reduce its land leasing fee and lack of support from the Ministry of Railways may have acted as a deterrent for potential buyers and created a roadblock for the government’s plan to divest around 30.8 percent of its total 54.8 percent stake, they said.

CONCOR is also projected to transition its inland terminals to the government’s new land-licence fee regime in 2024-25, which could aid in reducing its land licensing fees outgo.

India stands 38th in the Logistics Performance Index : Director General of Shipping

CHENNAI: India stands 38th in the Logistics Performance Index, said Shri Shyam Jagannathan, IAS, Director General of Shipping, Ministry of Ports, Shipping and Waterways, while speaking at a Summit 2024 here.

He elaborated on the various initiatives and measures they had been taking in the shipping industry. “We need to improve [the ranking] substantially. We are adopting

advance technologies and exploring new business plans, fast-tracking infrastructure development, focusing o n s u s t a i n a b l e l o g i s t i c s , a n d becoming a favoured investment destination,” Mr. Jagannathan said.

There was an increase of 102% in major port capacity, more than a 1,000% boost in inland waterways cargo, and a 121% rise in the strength of sea fares In the Container Port Performance Index (CPPI), 2023, nine Indian ports have been ranked in the global top 100 list, he said

Mr. Jagannathan also said there was a need to have the right ecosystem to catch on and leverage the ship-repair and ship-building industry. “Shipping management companies need to have gender parity. As lady cadets sign on to vessels, we will have more and more women seafarers,” he said.

Commerce Ministry developing platform for registration of NTBs

NEW DELHI : The Commerce Ministry is developing a platform for registering non-tariff barriers (NTBs) faced by exporters and taking up with the concerned countries for their resolution, a senior official said. At present, there is an information gap on these barriers particularly for small items.

“We are making a portal so that we can prioritise all the NTBs. Traders will register their complaints and the ministry will pursue that,” the official said. In cases where the barrier is impacting a large volume of goods will be prioritised for their redressal and action-taking.

Economic think tank GTRI in its report has stated that India needs to act in a fast-track manner for the removal of NTBs, being faced by domestic exporters in different countries like the US, China and Japan, to achieve export target of USD 1 trillion for goods by 2030.

The Global Trade Research Initiative (GTRI) has suggested a two-pronged strategy to mitigate the influence of NTBs on exports.

Agri Products Face Issues

It asked for upgrading domestic systems, in cases where Indian products are rejected due to quality i s s u e s ; a n d r e t a l i a t i n g i f

unreasonable standards or rules continue to obstruct exports from New Delhi.

“Many of India’s exports suffer due to time taking prior registration requirements and unreasonable domestic standards/rules in many countries.

“India must talk to partner countries for reasonable solutions,” GTRI Co-founder Ajay Srivastava has said.

M a n y o f I n d i a ’ s f o o d a n d agriculture products face problems due to higher pesticide levels, presence of pests and contaminations due to foot and mouth disease.

India’s exports are far below potential as they face NTBs in the EU (European Union), the US, China, Japan, Korea and many other countries.

Key Indian exports that routinely face high barriers include chillies, tea, basmati rice, milk, poultry, bovine meat, fish, chemical products to the EU; sesame seed, black tiger shrimps, medicines, apparel to Japan; food, meat, fish, dairy, industrial products to China; shrimps to the US; and bovine meat to South Korea.

According to the report, the other products which face these

barriers include ceramic tiles in Egypt; chilli in Mexico; medicines in Argentina; microbiological regents in Saudi Arabia; electrical, medical devices, and household appliances i n B r a z i l ; v e t e r i n a r y pharmaceuticals, feed additives, and machinery in Russia

Most non-tariff measures (NTMs) are domestic rules created by countries with an aim to protect human, animal or plant health and environment. NTM may be technical measures like regulations, standards, testing, certification, pre-shipment inspection or non-technical measures like quotas, import licensing, s u b s i d i e s , a n d g o v e r n m e n t procurement restrictions.

When NTMs become arbitrary, beyond scientific justification, they create hurdles for trade and are called NTBs (non-tariff barriers).

India’s exports of basmati rice, c h i l l i e s , t e

a n d m a n y o t h e r agricultural products face difficulty in foreign markets due to the higher use of pesticides and fungicides.

The traces of pesticides left in treated products are called ‘residues’ and a maximum residue level (MRL) is the highest level of a pesticide residue that is legally tolerated in food or feed.

DFCCIL to Issue RFQs for 20 Gati Shakti Cargo Terminals in 2024

NEW DELHI: The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has announced p l

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establishment of 20 Gati Shakti cargo terminals in 2024. This initiative is part of the government’s Gati Shakti Master Plan aimed at enhancing logistics infrastructure and boosting freight transportation efficiency across India.

The Gati Shakti cargo terminals will be strategically located along the dedicated freight corridors to facilitate seamless movement of goods and enhance connectivity between major industrial hubs and

ports. These terminals are expected to play a pivotal role in reducing logistics costs, improving supply chain efficiency, and promoting economic growth by expediting the transportation of goods.

DFCCIL’s decision to issue RFQs underscores its commitment to accelerating the development of critical infrastructure projects that support the Gati Shakti initiative The RFQ process will invite bids from interested parties to participate in the development and operation of these cargo terminals, ensuring robust private sector involvement and expertise in logistics management.

T h e e s t a b l i s h m e n t o f

20 Gati Shakti cargo terminals aligns with India’s vision to build world-class logistics infrastructure capable of handling diverse cargo volumes e f f i c i e n t l y. I t r e f l e c t s t h e government’s proactive approach towards enhancing transportation infrastructure, stimulating trade, and bolstering India’s position as a global logistics hub.

Overall, the planned RFQs for Gati Shakti cargo terminals mark a significant milestone in advancing India’s logistics infrastructure, paving the way for enhanced connectivity and economic growth t h r o u g h s t r e a m l i n e d f r e i g h t transportation networks.

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m.v “WAN HAI 316” V - 02425W

I.G.M. NO.: 2381013 DTD. 27-06-2024

The above vessel has arrived at Mundra on 29-06-2024 as per following details.

Item Nos. B/L NOS.

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I.G.M. NO : 2381141 DTD. 29-06-2024

The above vessel has arrived at Mundra on 01-07-2024 as per following details.

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544 38430520342

545 38430524000

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549 EPIRCHNNBO256046

550 EPIRCHNNBO256047

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552 EPIRCHNSHA248990

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IMPORT related : ravi.vaghela@in.emiratesline.com

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Govt plans Rs.22 lakh crore Highway expansion to boost Trade and reduce Logistics costs

NEW DELHI: The Indian government is embarking o n a m a j o r i n f r a s t r u c t u r e p r o j e c t w i t h a n

INR 22 lakh crore investment in a new Highway development plan This ambitious project aims to construct and upgrade a staggering 30,600 kilometres of roads by 2031-32

The plan prioritises three key areas to transform India’s road network Nearly half the project focuses on building 18,000 kilometres of high-capacity expressways and high-speed corridors These corridors will connect major cities and industrial hubs, significantly reducing travel times between key economic centres and fostering faster movement of goods and people Additionally, around 4,000 kilometres of national highways around major cities will be decongested This will improve traffic flow for commuters and reduce delays for critical freight movement The plan also includes the construction of strategic and international border roads to boost connectivity with neighbouring countries and improve national security.

To expedite project completion and share the financial burden, the government is looking to attract private sector investment to cover around 35% of the total project cost, estimated at INR 22 lakh crore This public-private partnership (PPP) approach will streamline the process and ensure a faster rollout of the new highways.

For efficient execution, the plan is divided into two phases. The initial phase focuses on tendering all

projects and completing construction of the initial 30,600 kilometres of roads by 2031-32. The estimated cost for this phase is INR 22 lakh crore. The details and budget for the second phase, which aims to develop an additional 28,400 kilometres, will be determined later

The government used data from the Goods and Services Tax Network (GSTN) to identify key trade routes and freight movement patterns. This data-driven approach ensures the new highways cater to the most c

Once completed, the new highways are expected to significantly improve efficiency in the transportation sector.

Average travel speeds for trucks on the national highway network are expected to nearly double from the current 47 kmph to 85 kmph This translates to quicker delivery of goods and reduced transportation costs for businesses Faster and more efficient transportation will also help India achieve its target of reducing logistics costs to 9-10% of GDP This will benefit businesses and consumers alike by lowering the cost of goods

The high-speed corridors, stretching over 18,000 kilometres will connect major economic centres, boosting trade and economic activity across the country By 2026-27, the length of operational high-speed corridors is expected to triple from the current 3,900 kilometres to around 11,000 kilometres. This improved connectivity will create new trade opportunities and stimulate economic growth.

Commerce Ministry seeks views of Departments on measures to revive SEZs, promote economies of scale

NEW DELHI: The Commerce Ministry has sought views of different departments on proposed measures to revive special economic zones and facilitate business transactions between SEZ and the domestic market, a senior official said The official said that the ministry has suggested allowing the sale of products manufactured in Special Economic Zones (SEZs) in the domestic market on payment of duty foregone on inputs as that would help promote value addition.

"The main issue in SEZs is that we are not able to get economies of scale. The connect between SEZs and the domestic tariff area (DTA) or domestic market has to be improved. There are also issues if DTA is selling to SEZs," the official said.

"So we have suggested duty foregone basis sales. There are also issues with regards to job work For example if an IT firm has to get some work from the domestic market, they need permission. We have sent a draft cabinet note," the official added.

At present, units in SEZs are allowed to sell their products in the DTA on payment of duties on an output basis (finished goods).

For these changes, the Commerce Ministry has proposed amendments in the SEZ law.

The government is considering several measures such as a flexible framework for the sale of products manufactured in SEZs in the domestic market, and streamlining approval processes for units. The aim is to help revive SEZs and facilitate business transactions between SEZs and the DTA.

SEZs are enclosures that are treated as foreign

territories for trade and customs duties, with restrictions on duty-free sales outside these zones in the domestic market.

Last year, Commerce and Industry Minister Piyush Goyal said that the government is looking at easing certain restrictions for units in SEZs to promote the sector's growth.

Think tank Global Trade Research Initiative (GTRI) in a report has suggested the government allow sale of products manufactured in SEZs in the domestic market on payment of duty foregone on inputs as that would help promote value addition.

GTRI Co-Founder Ajay Srivastava had said that the government already allows DTA sales on payment of duty foregone on an input basis to firms operating under the Manufacturing and Other Operations in Warehouse Regulations (MOOWR) scheme

Exports from special economic zones grew over 4 per cent to USD 163.7 billion in fiscal 2024, despite a 3 per cent decline in the country's overall exports.

According to the data of the Commerce Ministry, exports from these zones stood at USD 157.24 billion in 2022-23 and USD 133 billion in 2021-22.

SEZs are key export hubs which contributed over one-third of the country's total outbound shipments in the last fiscal.

As many as 423 such zones have been approved by the government, out of which 280 are operational as of March 31 this year. As many as 5,711 units are approved in these zones till December 31, 2023.

The major export destinations include the UAE, the US, the UK, Australia and Singapore.