GUJ-07-03-2024

by

Dr. Pramod Sant

Dr. Pramod Sant

A distinguished Industry Expert Refer Pg. 11 Refer Pg. 8

MoS Defence inaugurates Deendayal Port - OOT Vadinar Coast Guard Jetty

GANDHIDHAM: A Coast Guard j e t t y c o n s t r u c t e d a t t h e Deendayal Port- OOT Vadinar, w h i c h w a s i n a u g u r a t e d b y the Hon'ble Minister of State for Defence, Shri.Ajay Bhat on Friday 1st March 2024.

T h e f u n c t i o n w a s a t t e n d e d b y D G I C G , Dy. Chairman- Deendayal Port Authority and other senior officials from various departments.

M U M B A I : T o t a l T r a n s p o r t Systems Ltd added another feather to its cap by inaugurating the Maiden Console at ICD Ankleshwar on 4th March 2024, as per a communique from the company Established in 1994, Total Transport Systems Ltd. has recently collaborated with CONCOR to launch Export LCL movement from ICD Ankleshwar to Nhava Sheva (JNPT).

Mr. Vivek Mishra & Mr. PriteshAcharya with Total Transport Team and

Venkatesh Rajulu, Terminal Manager with Concor Team.

PSA India announces Soft Inauguration of PSA Ameya’s Warehouse PSA Ameya Growing Bigger

MUMBAI: The PSA India family has recently expanded, making it stronger than ever “We are excited to announce the soft inauguration of PSA Ameya's latest warehouse, which covers an impressive 9,250 Sqm. And that's not all we have also added a state-of-the-art temperature-controlled cold storage facility to enhance our ser vice efficiency and quality,” infor ms a recent communique from PSA India. These developments are part of its expansion strategy as it strives to adapt and grow to meet the customers’ evolving requirements.

PSA India is growing bigger and bigger and is adding achievements to their name. After achieving 2 million TEUs at PSA Mumbai, Jawaharlal Nehru Port Authority, they are set to add another feather to their cap.

PSA Ameya is taking its yard expansion plans to the next level. With a 21% increase in capacity, they are ready to soar to new heights and serve customers even better. Accelerating alongside India, PSA India has sustainability and progression in the forefront of all their endeavors.

Re-Envisioning Efciency :

• 100 additional reefer plug points.

• State-of-the-Art Temperature-Controlled Warehouse for Pharmaceuticals with a capacity of up to 1050 pallet positions.

• Increased capacity and capabilities for Managing over-dimensional and loose cargo.

• Empowering Trade with Transportation and Warehousing Solutions.

Mr. D. Prakash inaugurating PSAAmeya’s Warehouse. Also seen Mr. Ashish Goel and Mr. Percy Vapiwala.

Total Transport Systems, the First Consolidator, has successfully completed the maiden console export LCL movement from ICD Ankleshwar to JWR CFS (Nhava Sheva)

Cont’d from Pg. 3

There was a growing need from the Export-Import Trade in South Gujarat for such a service from a reliable and trustworthy operator. T h i s p a r t n e r s h i p b e t w e e n CONCOR and Total Transport marks a significant milestone in streamlining trade operations and enhancing the competitiveness of businesses in this region.

“By facilitating smoother cargo movement, we are not only meeting the demands of the market but also fostering economic growth and development,” stated CONCOR. The collaboration is expected to not only meet but exceed the expectations of valued customers, enabling them to conduct their business operations more efficiently and effectively, it further added.

With a pan-India presence in every cargo-generating centre and supported by a top-class global network, Total Transport is a trustworthy force to reckon with. Starting humbly in Far East & Gulf in 1994, it has become an undisputed leading reference for LCL services in the industry, keeping its promises across various verticals such as Pharma, Automobile, Chemicals, Engineering, and Infrastructure.

Total Transport Systems Ltd. is a leading integrated logistics service provider and LCL consolidator in India with activities spanning across the logistics spectrum The company is driven by a strong team of professionals with extensive industry knowledge and experience Over the years, it has emphasized maintaining the highest quality standards and constant innovation/improvements to deliver the most optimal freight solutions and superior service to its customers.

MoS Defence inaugurates Deendayal PortOOT Vadinar Coast Guard Jetty

Cont’d from Pg. 3

Deendayal Port Authority (DPA) developed the jetty as a deposit work at a cost of Rs 74 crore The project consists of an approach trestle of 190m length and jetty of 175m length and associated 2500 m2 Back-up area. The Project was monitored under the dynamic leadership of DPA’s Chairman

Shri S. K Mehta, IFS & Dy. Chairman

Shri Nandeesh Shukla, IRTS. The work was executed under the headship of Technical Head of DPA Shri V Raveendra Reddy, C h i e f E n g i n e e r, M a n a g e r i a l H e a d

Shri A Ramaswamy, CoM and overseen by Shri Rajesh Meghani, Executed Engineer.

This project marks a significant step towards augmenting infrastructure development in the strategically important Indian Coast Guard Region (North-West). The jetty, heralded as a major technological leap, is poised to bolster India’s readiness against security threats in the Gulf of Kutch and also act as a hub for pollution response and coastal security in the

APSEZ records 33% YoY jump in cargo volumes in Feb'24; set to cross 400 MTPA for FY'24

region. This 175-metre-long facility not only facilitates the deployment of larger Indian Coast Guard vessels but also ensures rapid response capabilities.

In his address, the Hon'ble Minister of State for Defence, Shri. Ajay Bhat congratulated Indian Coast Gurd and all stake holders for the important achievement, and appreciated the efforts of Deendayal Port Authority for extending cooperation for providing the water front/ land and constructing the jetty

AHMEDABAD:

A d a n i Po r t s & Special Economic

Zone announced that in month of February 2024, the company handled 35 4 MMT of total cargo, implying a healthy 33% YoY growth While most ports observed a YoY jump in volumes, Dhamra Port recorded itshighest-ever monthly cargo of 4 22 MMT

During the initial 11 months (Apr'23-Feb'24) of FY24, the company has already handled 382 MMT of cargo, implying that it is well on track to surpass the 400 MMT mark before the end of the current financial year. The company achieved the milestone of surpassing the 350 MMT cargo volume mark at its domestic ports in 318 days

Record growth continued in the logistics segment with YTD rail volumes of around 542,000 TEUs (+21% YoY) and GPWIS volumes of around 18 MMT (+40%)

DPA inaugurates 53rd National Safety Week 2024

GANDHIDHAM: The inauguration ceremony of the 53rd National Safety Week 2024 was marked by a gracious welcome to g u e s t s w i t h t h e presentation of flower b o u q u e t s a n d a traditional lamp lighting by Shri S.K. Mehta, I F S , C h a i r m a n i n t h e p r e s e n c e o f Shri Nandeesh Shukla, IRTS, Dy. Chairman, Shri J.K. Rathod, CPES, Chief Vigilance Ofcer, s e n i o r o f f i c i a l s o f Po r t , Tr a d e U n i o n s , Stakeholders, Port Users, employees & workers.

S h r i B h a v e s h Madhavi, Safety Ofcer played a pivotal role by delivering a welcome speech, leading a safety pledge, and providing an overview of the week's activities, which included Virtual Reality Safety training, Safety competitions, a Mega Medical Campaign, Hazardous Material Handling Training, Safety Film Shows, a Mega Personal Protective Equipment (PPE) Distribution Campaign, Firefighting drills, and a Safety Award Ceremony on the final day Shri Priyabrata Shaw, Add. Asst. Director Dock Safety, Kandla, shared valuable insights on "Focus on Safety Leadership for ESG Excellence." Shri Nandeesh Shukla, IRTS, Dy Chairman emphasized the need for strategic prevention of all types of accidents within the port, while Shri S.K. Mehta, IFS, Chairman focused on achieving a zero-accident target as part of

Maritime India Vision 2030. The Chairman suggested implementing motivation/recognition schemes for personnel and taking punitive actions against safety norm violators. He also advised to take the safety suggestions from all the stake holders in closing ceremony for development of road map for achieving the target of zero accident. The event concluded with key safety notes from both leaders and a vote of thanks by Shri Sudipta Banerjee, Sr. Deputy Trafc Manager. Chairman inaugurated the "Virtual Reality Safety Training" campaign stall and personally experienced the work-at-height module. The program highlighted a commitment to safety excellence and collaborative efforts for a zero-harm target. The stage was handled by Smt. Divya Nair.

m.v “SEAMAX WESTPORT” V - 093E

The above vessel is arriving at PIPAVAV PORT on 13-03-2024 with Import Cargo in containers.

GOSUSIN8144201 —2

GOSUSIN8144400 —1

GOSUSIN8144583 1—

GOSUSIN8144727 —2

GOSUSIN8144734 —1

GOSUSIN8144741 —1

GOSUSNH20878749 1—

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

The above vessel has arrived at Mundra on 05-03-2024 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.

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.

CJ-II VACANT

CJ-VI VACANT

CJ-VII Xin Hai Tong 28 Cross Trade 08/03

CJ-VIII ER Maden BS Shpg. 09/03

CJ-IX Avon Trader Mihir & Co. 09/03

CJ-X VACANT

CJ-XI VACANT

CJ-XII VACANT

CJ-XIII Pagoda Rishi Shpg. 10/03

CJ-XIV VACANT

CJ-XV VACANT

CJ-XVA BBC Iceland Marcons 10/03

CJ-XVI Yasa Pioneer Chowgule Bros 09/03 TUNA

GENERAL CARGO VESSELS

OJ-IV VACANT

OJ-V VACANT

OJ-VI

OJ-VII VACANT

SHIPS

WITH EXPORT CARGO

(V-OIX63W)

m.v. “X-PRESS PISCES” V - 24002E

The above vessel is arriving at MUNDRA PORT on 13-03-2024 with Import Cargo in containers.

GOSUSIN8144177 —2

GOSUSIN8144313 —2

GOSUSIN8144372 —1

GOSUSIN8144636 —1

GOSUSNH1839963 —1

ZIMULAX922279 1—

ZIMUSYD8011312 11

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

NOTICE TO CONSIGNEES

m.v. “MSC MARIA LAURA II” Voy : JU409R

I.G.M. NO. 2370528 Dtd. 05-03-24 Exch rate 85.6

The above vessel is arriving on 07-03-2024 at MUNDRA PORT with Import cargo from UMM QASR PT. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

MUNDRA PORT SEZ

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

The above vessel is arriving on 07-03-2024 at MUNDRA PORT with Import cargo from SHARJAH, 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.

-

E-mail :

PM inaugurates CONCOR’s Jajpur, Odisha Multimodal Logistics Park

NEW DELHI: Nation takes a giant step in promoting ease of doing business and creation of logistics infrastructure as Hon'ble Prime Minister, Shri Narendra Modi Ji inaugurated CONCOR’s M u l t i m o d a l L o g i s t i c s P a r k (MMLP) at Jajpur, Odisha and flagged off (through VC) the 1st Container Train laden with c a r g o f r o m M M L P J a j p u r t o CONCOR’s Terminal at ICD Dadri, Uttar Pradesh at a glittering ceremony on 05.03.2024.

CMD CONCOR Shri Sanjay Swarup was present at the event along with officers from Indian

Railways. The newly commissioned facility is expected to boost seamless movement of freight and facilitate overall economic development of the State of Odisha.

A game-changer for Odisha's export-import dynamics, logistics efficiency, and trade growth.

PM Modi is leading the charge for a prosperous, connected India

Modi Govt will lift trade and manufacturing in third term

NEW DELHI: Prime Minister Narendra Modi’s Government has pledged to boost manufacturing in India as it seeks a third term in power, potentially increasing the country’s control on supply chains and creating jobs, a government advisor said.

Modi’s Government would target the export-oriented sectors that face high import duties which hurt their competitiveness, Arvind Virmani, a member of the government’s policy making agency Niti Aayog, was quoted in a recent interview

A Modi administration would also focus on lowering trade barriers and improving output-linked incentive plans, he said, adding that the finance

ministry is identifying sectors where duties can be reduced.

Earlier this year, India reduced tariffs on several mobile-device components to boost production and make exports competitive. Industries including textiles, leather, and engineering goods have all made the case for lower import duties.

Modi is luring manufacturers to the country with heavy incentives, such as tax cuts, rebates and capital support The strategy is showing early successes with firms like Apple Inc. and Samsung Electronics Co. ramping up production in India.

However, the World Bank put the share of manufacturing in the nation’s

gross domestic product at about 13% in 2022, while the South Asian nation had hoped to increase that figure to 25% by 2025.

Virmani said India should also expedite pacts with major trading partners, including the US, to take advantage of investors’ appetite for diverse supply chain that reduce reliance on China.

Modi’s Government is thrashing out agreements with the United Kingdom, European Union and Gulf nations to boost local manufacturing and job creation. Trade talks with the UK are in the final stages, while negotiations are ongoing with Australia and the EU.

Blackstone to double its holdings of Indian warehouses

MUMBAI: Blackstone Inc plans to more than double its holdings of I n d i a n w a r e h o u s e s a n d m a y e v e n t u a l l y t a k e t h e l o g i s t i c s b u s i n e s s p u b l i c a s t h e a s s e t manager increases its bets on the world’s fastest-growing major economy.

The New York-based firm may boost the warehouse space to at least 100 million square feet in India in two to three years, according to Kathleen McCarthy, co-head of the global real estate business. Blackstone would eventually look to raise money from the booming business through a large strategic sale or public offering in the next 12 to 24 months, she said in an interview in Mumbai.

Blackstone is seeking to expand its $20 billion portfolio of Indian real estate — including office space and hotels even as investors grow cautious on the sector in many parts of the world amid high borrowing costs and rising vacancies for

commercial property

Blackstone’s real estate trust for wealthy individuals just resumed allowing customers to pull money without constraints after limiting withdrawals for about 15 months to avoid forced selling. A major share class of the trust posted a 0.5% loss in 2023, the lowest annual return since its 2017 debut.

The $1 trillion asset manager expects activity to pick up after one of the slowest years for deployment, McCarthy said. The firm invested $15 billion in property last year, less than a third of the nearly $48 billion spent the p r e v i o u s y e a r, a c c o r d i n g t o presentations on the firm’s website.

“We see globally there’s a more favorable climate for real estate moving forward,” McCarthy said, declining to say how much of the $65 billion in dry powder for real estate would be deployed in India. McCarthy helps to oversee the $337 billion global real estate business.

Warehousing will be a key focus in India, including so-called lastmile assets, typically smaller storage spaces close to end users of goods “It has a much larger moat around it than traditional first-mile warehousing, and we want to try and integrate it into our platform,” said Asheesh Mohta, Senior Managing Director and head of real estate acquisitions for Blackstone India.

Besides warehousing, Blackstone plans to build a new platform for hospitality in India, with the economy projected to grow about 7 6% this fiscal year, based on Government estimates.

“ T h e r e ’ s s o m u c h d e m a n d domestically, and there’s going to be so much demand internationally coming into this market,” McCarthy said. “India has a very limited supply of chain brands that really attract so much of both business and leisure travel.”

ZIM INTEGRATED SHIPPING

m.v. “SM MANALI” V - 0039

The above vessel is arriving at MUNDRA PORT

13-03-2024 with Import Cargo in containers.

ZIMUNYC905882101

ZIMUNYC906356601

ZIMUNYC906356602

ZIMUNYC9064442 —8

ZIMUNYC9065139 1—

ZIMUNYC9065468 1—

ZIMUNYC9065491 —1

ZIMUNYC9065686

ZIMUNYC9065687

—6

ZIMUNYC9068037 —4

ZIMUNYC9068105 —1

ZIMUNYC9068159 —1

ZIMUNYC9068326 —5

ZIMUNYC9068671 —5

ZIMUORF1105621 —2

ZIMUORF1106533 —8

ZIMUORF966778 1—

ZIMUORF967341 1—

ZIMUORF967882 1—

ZIMUORF968068 2—

ZIMUTRT926777 —3

ZIMUTRT927068 10

ZIMUTRT927069 3—

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 :

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

NOTICE TO CONSIGNEES

The above vessel is arriving on 05-03-2024 at MUNDRA PORT with Import cargo from ABU DHABI.

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, 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,

Maritime Incident in Gulf of Aden, Navy Chief afrms commitment to maritime security

NEW DELHI: An official statement from a spokesperson for the Indian navy reported on a maritime incident early Tuesday morning in the Gulf of Aden involving a Liberian-flagged vessel, the MV MSCSky ll According to the statement, the vessel was attacked by drones or missiles and caught fire on March 4. The Navy promptly responded to the incident with INS Kolkatta, which was deployed in the r e g i o n f o r m a r i t i m e s e c u r i t y operations.

A specialized firefighting team from INS Kolkata, comprising 12 personnel, boarded the vessel on the morning of March 5th to assist with firefighting efforts.

A d d i t i o n a l l y, a n E x p l o s i v e Ordnance Disposal (EOD) team aided in assessing residual risks.

The vessel, carrying a crew of 23

individuals, including 13 Indians, was escorted to safe waters The swift response by Indian navy assets underscores their commitment to ensuring the safety of merchant shipping and seafarers in the region.

Chief of Naval Staff Admiral R Hari Kumar while speaking to the media persons in Goa addressed concerns over recent attacks by militants on merchant ships in the Red Sea. He also emphasised the navy’s aggressive stance against piracy and its dedication to maintaining peace and stability in the Indian Ocean region.

“We are committed to ensuring there is peace at sea. We will not allow piracy to resume. We are aggressively targeting it. We will not allow the Indian Ocean to be disturbed, e s p e c i a l l y a b o u t t r a d e , ”

Admiral Hari Kumar stated.

The Admiral highlighted the challenges posed by conflicts in other regions spilling over into maritime territories. “The situation is not very good The Houthis have been targeting merchant ships… that’s p e a c e f u l s h i p s , s h i p s l a r g e l y belonging to either Israel, US or UK or Israeli owned,” he noted He also emphasised the innovative use of technology such as drones in these attacks. Furthermore, Admiral Hari Kumar discussed the navy’s support for merchant ships passing through the Red Sea and the Indian Ocean region. “Primarily, we are looking at the Indian-flagged vessels, but we are also assisting any vessel that seeks our assistance… We have given a very clear message that we will not tolerate such acts,” he stated.

Nashik to host Maharashtra’s 3rd Multi-Modal Logistics Park

NASHIK: Close on the heels of awarding the contract for the development of Maharashtra’s inaugural Multi-Modal Logistics Park (MMLP) in Nagpur, the NHAI has now invited bids to construct a MMLP in Nashik.

The Rs 336.55 crore logistics park in Niphad taluka of Nashik is being executed by the National Highways L o g i s t i c s M a n a g e m e n t L t d (NHLML), a special purpose vehicle of the National Highway Authority (NHAI). The project will be developed under a design-build-financeoperate-and-transfer (DBFOT) framework.

Significantly, the Nashik MMLP will mark the third logistics park of its kind in the state, following the Nagpur and Pune MMLPs.

In December 2023, the NHAI had signed an agreement with DC

Multi-Modal Park (Nagpur) Limited, a special purpose vehicle of Deltabulk Shipping, the Indian unit of the London-based Delta Corp, for the development of the MMLP in Nagpur It is being developed in an area of 150 acres under the Public Private Partnership model at an estimated cost of Rs 673 crore.

In December last year, the NHAI also invited bids for the construction of a logistics park in Pawalewadi village, located in the Maval taluka of Pune, with an estimated investment of Rs 1,360.79 crore.

U n d e r t h e P M G a t i S h a k t i National Master Plan, the Ministry of Road Transport and Highways has decided to develop 35 multi-modal logistics parks (MMLPs) across India, targeting some of the highest freight movement regions in the country.

Nashik is one of the foremost locations selected for the creation of a multi-modal logistics park under t h i s s c h e m e . T h e s e m e g a establishments aim to reduce logistics costs to 8-9 per cent of the gross domestic product (GDP) Currently, logistics account for 14 per cent of GDP , making India less competitive on the global stage Catering to 50 per cent of the nation’s road freight movement, the MMLPs will maximise the efficiency of goods movements across the country.

To date, contracts have been awarded for five MMLPs, including Nagpur, Chennai, Indore, Bengaluru and Jogighopa. The pioneering multimodal logistics park, situated in Jogighopa, Guwahati, Assam, had its foundation laid in October 2020, with a projected completion date of this year.

Kerala offers investment subsidy for logistics parks, unveils draft policy

KOCHI: Kerala Industry Minister

Shri P Rajeeve has released the Draft Logistics Policy, announcing an i n v e s t m e n t s u b s i d y o f u p t o Rs 7 crore for logistics parks in the State. According to the proposal, a 10-acre logistics park will get a subsidy of Rs. 7 crore, and for a five-acre mini-park, Rs 3 crore will be provided. The draft policy also recommends declaring logistics parks as industrial zones and establishing a single window system for approval of the parks.

The report of the Directorate of Industries and Commerce says that industrial land can be released for logistics purposes. “Products worth Rs. 1.5 lakh to Rs. 1.5 lakh crore are

arriving in Kerala from other Indian States and this opportunity should be fully utilised,” the minister said, while presenting the draft policy.

Stakeholder meeting

A meeting of the L ogistics Consultative For um involving industry stakeholders in the region was also held in connection with the unveiling of the draft policy to tap into India’s logistics industry, which is growing by 8.8 per cent annually

As per the draft policy, the skill development projects required for the logistics sector will be formulated in the areas of storage, transportation and other services.

The draft policy recommends stamp duty exemption for logistics

and mini logistics parks It also envisages a State-level Logistics Coordination Committee headed by the Chief Secretary, a Logistics Cell headed by the Principal Secretary of the industries Department and a Special Committee for cities.

Suman Billa, Principal Secretary of Industries Department said logistics was of special importance in Ke r a l a a s a c o n s u m e r S t a t e He said Kerala consumes more than 6 per cent of the country’s fast-moving c o n s u m e r g o o d s ( F M C G ) The government intends to use this potential to bring employment opportunities in the logistics sector through a comprehensive policy, he added.

Robust Q3 GDP Growth at 8.4% encouraging, the effects of meaningful reforms are visible: PHDCCI

NEW DELHI: India’s economy has become more robust and resilient and growth is strengthening quarter after quarter; the Q3 growth at 8.4% indicate a strong growth trajectory to continue in the coming quarters too, s a i d M r. S a n j e e v A g r a w a l , President, PHD Chamber of Commerce and Industry, in a press statement issued here.

Manufacturing, construction and electricity sectors have become the major growth drivers in the recent quarters, said Mr. Sanjeev Agrawal.

The overall real GDP growth projected at 7.6% in 2023-24 is highest

among the leading economies, said Mr. Sanjeev Agrawal.

The manufacturing sector has grown at 11.6% in Q3 2023-24 on the back of strategic reforms and prudent policy measures by the government a n d e f f o r t s o f i n d u s t r y, s a i d Mr. Sanjeev Agrawal.

The consistent growth in the construction sector at 9.5% is indicating the creation of new employment as the construction sector absorbs skilled, semi skilled and unskilled chunks of workforce, said Mr Sanjeev Agrawal.

High growth in the electricity, gas,

water supply & other utility services at 9% is inspiring as this will boost the manufacturing activities in the economy, said Mr. Agrawal.

The services sector growing at a steady pace of more than 7% is inspiring, displaying that India’s growth momentum will continue, said Mr Agrawal.

The gross fixed capital formation at 32.4% of GDP for Q3 2023-24, higher than 31.8% in 2022-23 for Q3, is indicating steady capacity expansion for more employment opportunities in the coming times, said Mr. Sanjeev Agrawal.

FIATA partners with World Logistics Passport to strengthen and facilitate Global Trade

GENEVA: FIATA

I n t e r n a t i o n a l

Federation of Freight F o r w a r d e r s Associations is pleased to announce its partnership with the World Logistics Passport (WLP), a global initiative aimed at promoting seamless trade flow among traders, freight forwarders, and key supply chain players through its logistics loyalty program. This partnership announcement coincides with the commencement of the 2024 FIATARAME Field Meeting in Dubai, United Arab Emirates, where the WLP is headquartered, and at which these key themes in the region and on the global logistics playing field will be discussed.

The collaboration between FIATA and WLP marks a significant milestone in advancing international trade facilitation Through this partnership, with FIATA's vast global network comprising over 40,000 freight forwarding and logistics companies across 150 countries, the two aim to support their respective members in easing trade processes. The WLP overcomes non-tariff trade barriers through the offering of

financial and non-financial benefits such as fast-tracking of cargo movement, reducing administrative costs, advancing cargo information and facilitating trade across borders, all of which can benefit FIATA Members.

FIATA’s Director General Stéphane Graber said of the partnership: “This collaboration aligns with FIATA's mission to promote global standards, and overcome geographical barriers to ease trade. WLP and FIATA are synergistically work together on the common goal of facilitating trade through networks and collaboration. The world is getting more and more complex due to environmental and political crises, disrupting supply chains Trade facilitation is key to ensuring the seamless movement of goods around the world. To achieve a resilient and efficient supply chain we must bring people together, which is the common objective of FIATA and WLP . Members will benefit from best practices and practical inputs of trade facilitation resulting in better c o n n e c t i v i t y a n d a c c e l e r a t e d movement”. Dr Graber was a highlevel speaker on the opening panel of

the 2023 WLP Global Summit in November, and emphasised the g r o w i n g i m p o r t a n c e o f t r a d e corridors and bringing different stakeholders to collaborate to increase the efficiency of logistics and address bottlenecks. The importance o f b u i l d i n g t r u s t b e t w e e n stakeholders and the role that international organisations like FIATA can play, were also highlighted.

Mahmood Al Bastaki, General Manager of World Logistics Passport, commented on the partnership, stating, "FIATA’s partnership will provide WLP members access to a vast global network of over 40,000 freight forwarding and logistics companies across 150 countries Withitsmissionofpromotingseamless trade flow, WLP fosters collaboration among traders, freight forwarders, and supply-chain key players, enhancing existing and creating new opportunities for international trade. WLP mirrors the vision of FIATA to promote globalization and overcome barriers to ease trade Together with FIATA, this collaboration will offer n e w m a r k e t o p p o r t u n i t i e s , industr y insights, and global project collaboration "

KPSAA honoured Deendayal Port Authority Chairman & Deputy Chairman on 60th Anniversary

GANDHIDHAM: In a grand celebration marking the 60th Anniversary of its declaration as the No. 1 Port in India, Deendayal Port Authority (DPA) hosted a momentous event attended by esteemed dignitaries and key figures in the maritime industry

Mr. Bharat Gupta, President of KPSAA, along with his Committee Members, Secretary Mr. Ebez Yesudas, Mr. Mitesh Dharamshi and Mr. Pravin Sanghvi, graced the occasion with their presence, underscoring the significance of this milestone. The committee had the honor of felicitating DPA Chairman, Mr. S.K. Mehta, IFS and Deputy Chairman, Mr. Nandeesh Shukla, IRTS for their exemplary leadership and contribution to the port's success over the past six decades.

As Deendayal Port Authority looks back on 60 years of excellence, it reaffirms its commitment to continued

growth, innovation, and service to the nation. The event served as a testament to the port's significant contributions to trade, commerce, and the regional economy. The celebration captured the spirit of achievement and collaboration that defines Deendayal Port Authority journey. As it steps into the future, the port remains dedicated to upholding the highest standards of maritime excellence.

IFFCO Kandla Unit commemorates National Safety Day 2024

GANDHIDHAM:

IFFCO Kandla unit marked the National Safety Day 2024 with a grand celebration, emphasizing the paramount importance of safety in the workplace. The event was graced by esteemed guests, including Chief Guest Shri R H Solanki, Dy Director, Directorate of Industrial Safety and Health (DISH), Government of Gujarat, Shri Abhijeetsinh Zala, Ofcer, DISH Government of Gujarat, and Shri A K Sharma, Executive Director & Unit Head IFFCO Kandla unit.

The occasion commenced with a warm welcome by Shri N C Patel, Dy General Manager (Fire & Safety), he further informed about the various safety measure undertaken by Kandla unit time to time and also informed that kandla unit is working with 895 accident-free days.

participated in enhancing their understanding of safety measures

Shri R H Solanki, Dy Director DISH, shared valuable insights on the significance of fostering a safetycentric culture in industries and workplaces he also provided practical perspectives on ensuring compliance with safety norms and regulations.

Shri A K Sharma, Executive Director & Unit Head, IFFCO Kandla unit, expressed his commitment to maintaining the highest safety standards and creating a secure work environment for all employees He emphasized the need for continuous improvement in safety protocols and practices.

Various competitions such (Poem, Slogan, Poster, Quiz, Essay, etc) were organised for employees and their dependant family members so as to bring awareness in all The participants actively

On the said occasion, Shri Suresh Gameti, General Secretary, IFFCO Employees Union addressed all and said that all should work hand in hand for ensuring all safety measures Shri Rajesh Gadhavi, General Secretary, IFFCO Ofcers Association also addressed all and said to bring out of the box thinking to ensure more safety in day-to-day work at plant.

The celebration concluded with a vote of thanks from Shri Sauhard Rawat, Assistant Manager (Fire and Safety). He expressed gratitude to all the participants, guests, and organizers for their enthusiastic involvement and commitment to promoting safety at the workplace. The National Safety Day 2024 celebration at IFFCO Kandla unit served as a reminder of the collective responsibility to prioritize safety and foster a culture that ensures the well-being of every individual associated with the organization.