












: (079) 26569995, E-Mail:dstgujarat@gmail.com MUMBAI : (022)22661756 / 1422, 22691407
: (02836)222665/225790, E-Mail:dstimeskdl@gmail.com
: (079) 26569995, E-Mail:dstgujarat@gmail.com MUMBAI : (022)22661756 / 1422, 22691407
: (02836)222665/225790, E-Mail:dstimeskdl@gmail.com
MUMBAI: A leading
successful completion of a project as a Shipping Agent. Catering to the project cargo vertical, the company has executed the transportation of heavy lif t and Over-Dimensional Cargo (ODC) from the sensitive Black Sea area to India. A heavy-lift carrier vessel was utilised with meticulous planning and relentless dedication to accomplish this task
The project lasted nine months and required continuous, systematic follow-up as well as the exploration of various options to ensure the cargo movement was completed successfully. Total Transport Systems Limited executed the
operation flawlessly and ensured the cargo's safe delivery to the Mumbai port, thanks to their persistent efforts and the supportoftheircharterersandcarriers
SEOUL: HMM announced that it was awarded a platinum rating, the highest recognition given by EcoVadis for its sustainability efforts. It received a silver rating in
2021, upgraded to gold in 2022, and elevated to platinum in 2023.
The EcoVadis assesses companies’ corporate social responsibility performances in four main areas: Environment...
Cont’d Pg. 6
Cont’d from Pg. 4
By completing the vessel's discharge operations in 36 hours, the company established a new standard for efficiency and professionalism.
Total Transport Systems Limited expresses its heartfelt gratitude to the charterers and carriers who were instrumental in making this shipment a success. The commercial, operations, and back-office departments collaborated
to ensure the project's success. A memento was presented on
commemorate this successful occasion. The Total Transport Systems Limited team is optimistic about their next assignment.
This accomplishment is an excellent demonstration of the expertise Total Transport
managing complex project cargo logistics, their ability to handle difficult circumstances, and their dedication to providing their clients with outstanding service.
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Labor & Human Rights, Ethics, and Sustainable Procurement. The criteria for its scorecards: Platinum (Top 1%) > Gold (Top 5%) > Silver (Top 15%) > Bronze (Top 35%) > No Ratings (The remainder). The assessment system has been reorganized this year, strengthening the rating criteria. HMM has been recognized by EcoVadis as one of the world’s top 1% sustainable companies in the Sea and Coastal Water Transport sector, achieving EcoVadis platinumratingforthefirsttime
"We are committed to fulfilling our corporate social
management for the green future", said an HMM official. "We will continue to drive and enhance its environmental, social and governance (ESG) management to achieve sustainable growth.”
Meanwhile, HMM is endeavoring to improve energy efficiency, building new green ships, and expanding a sustainable eco supply chain.
TAIWAN: The first boxship orders from a global liner s i n c e t h e m i d d l e o f January have filtered in.
M B S h i p b r o k e r s , formerly Maersk Broker, has reported that Taiwan’s Evergreen has placed an order for six 2,400 teu ships at Huangpu Wenchong for an estimated $53m per unit. The ships will start delivering from the second half of 2026.
The Danish broker is also reporting that COSCO is finalising an order for a series of dual fuel 11,000 TEU ships, which will be built at Shanghai Waigaoqiao Shipbuilding.
With concern growing about the teu tsunami coming out of Asian shipyards this year, liner CEOs have reined in their ordering in recent months.
The containership fleet capacity currently stands at 29.37m TEU. It will reach 30m TEU by the end of June in this record year for newbuild deliveries, according to data from Linerlytica.
Alphaliner tallied a record 50 new ships delivered last year in what it described as a “whopping” 333,000 TEU of capacity. By way of comparison, April saw more capacity delivered than the entire extant fleet of Pacific International Lines (PIL), the world’s 12th largest liner.
COPENHAGEN: Disruption to Red Sea container shipping is rising, Maersk said, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter
Maersk and other shipping companies have diverted vessels around Africa’s Cape of Good Hope since December to avoid attacks by Iran-aligned Houthi militants in the Red Sea, with the longer voyage times pushing freight rates higher
“The risk zone has expanded, and attacks are reaching further offshore,” Denmark’s Maersk said.
“This has forced our vessels to lengthen their journey further, resulting in additional time and costs to get your cargo to its destination for the time being,” it added in an updated advisory to customers.
Maersk’s fuel costs on the affected routes between Asia and Europe are now 40% higher per journey, a spokesperson said.
Germany’s Hapag-Lloyd opens new tab, which has said it believes the crisis can be overcome before the end of 2024, is also rerouting vessels for the time being.
“The attacks in the Red Sea and the Gulf of Aden are moving further and further out to sea. That is why we are avoiding this area altogether,” Hapag-Lloyd said in e-mailed comments.
By routing traffic away from the Suez Canal, Maersk estimated that the container industry’s capacity between Asia and northern Europe and the Mediterranean would be cut by between 15% and 20% in the second quarter
m.v. “MSC VERACRUZ” Voy : IV418A I. G. M. No. 2375894 Dtd. 03-05-24 Exch rate 86.02
The above vessel has arrived on 05-05-2024 at MUNDRA PORT with Import cargo from HOUSTON. 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 :
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
The above vessel has arrived on 08-05-2024 at MUNDRA PORT with Import cargo from MESAIEED. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.
Item No. B/L No. Item No. B/L No. 11 MEDUDO428145 12 MEDUDO428061
The above vessel has arrived on 08-05-2024 at MUNDRA PORT with Import cargo to MUNDRA from MESAIEED. 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 :
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
Cargo Steamer's Agent's ETD
Jetty Name Name
CJ-I Everest BS Shpg. 12/05
CJ-II IBI DBC 10/05
CJ-III JSW Devgad
CJ-IV Future ID DBC 11/05
CJ-V Besiktas M Delta Waterways 12/05
CJ-VI Bright Hero Benline 13/05
CJ-VII Asi M Dariya Shpg. 13/05
CJ-VIII VACANT
CJ-IX Tahiti One Dariya Shpg. 11/05
CJ-X Cyclades J M Baxi 12/05
CJ-XI As Alexandria J M Baxi 10/05
CJ-XII VACANT
CJ-XIII Qing Hua Shan Cross Trade 10/05
CJ-XIV MP Ultramax 1 Trueblue 11/05
CJ-XV Melbourne Spirit Synergy 16/05
CJ-XVA BBC Sebastopol Marcons 11/05
CJ-XVI Norse Houston Mihir & Co. 12/05
TUNA VESSEL'S NAME AGENT'S NAME ETD Flora Benline 10/05
Gracia Aeterna Seascape 10/05
Alkamos Aeterna
OIL JETTY VESSEL'S NAME AGENT'S NAME ETD
OJ-I VACANT
OJ-II GC Argon Samudra 10/05
OJ-III Ginga Merlin GAC Shpg. 10/05
OJ-IV Ulaya J M Baxi 10/05
OJ-V Stolt Magnesium J M Baxi 10/05
OJ-VI VACANT
OJ-VII Southern Unicorn J M Baxi 10/05
Alora 07/05 Iran
Doctor O 09/05 Hodeidah
Azargoun 09/05 Azargoun
Hansa Europe 09/05 Jebel Ali TCI Express 09/05 Manglore/ Cochin/Tuticorin
Aurora SB 09/05 China
Horizon Jade 09/05 China
AC Oren 09/05
CJ-VI Bright Hero Benline
CJ-X Cyclades J M Baxi
Tuna Flora Benline
Tuna Gracia Aeterna Seascape
14/05 Han Zhi J M Baxi
Maran Mariner Tauras
2024051011
2024041255
2024041418
2024041392
10/05 10/05-PM Grace Bridge 2403 4041649 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC)
14/05-PM X-Press Cassiopeia 24019E 4041689 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 16/05 Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX)
13/05 13/05-PM Jeju Island 2403 4051576 Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 14/05 19/05 18/05-PM Inter Sydney 156 —/—
20/05 20/05-AM Terataki 2407 4041471 Asyad Line Seabridge Marine Haiphong, Laem Chabang, Jakarta (FEX) 21/05 TBA Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, Port Kelang (FEX1) TO LOAD FOR INDIAN SUB CONTINENT
10/05 10/05-PM Grace Bridge 2403 4041649 Global Feeder Sima Marine Karachi (CSC)
12/05 12/05-AM Maersk Aras 419W 4041650 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA) 13/05 TBA Asyad Line Seabridge Marine Karachi (REX)
10/05 UASC ZamZam (V-418W) 4041662 Maersk India Jebel Ali
10/05 Maersk Cape Town (V-419S)4041648 Maersk India Port Qasim 10/05 Grace Bridge (V-2403) 4041649 MBK Logistix Nhava Sheva
11/05 SM Neyyar (V-419) 4041712 Maersk India Jebel Ali 12/05 Maersk Aras (V-419W) 4041650 Maersk India Nhava Sheva 13/05 Jeju Island (V-2403) 4051576 Wan Hai Line Nhava Sheva
10/05-1800 Maersk Atlanta 418W 24146 Maersk Line Maersk India Algeciras
17/05 16/05-1800 Maersk Columbus 419W 24156
TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND PACIFIC ISLANDS
11/05 11/05-0500 X-Press Cassiopea 24019E 24158 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 12/05 15/05 15/05-0500 X-Press Phoenix 24020E 24163 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 16/05 22/05 22/05-0500 Bux Wave 421E 24167 Sinokor / Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan 23/05
13/05 12/05-21:30 Clemens Schulte 032E 24155 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 14/05 14/05 14/05-1500 Yong Shun 999E 24169 ONE ONE (India) (TIP) 15/05 15/05 14/05-1300 Seamax Stratford 129E 24137 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 16/05 16/05 16/05-0900 Xin Da Yang Zhou 093E 24157 Gold Star / RCL Star Shpg/RCL Ag. (CIXA) 17/05 16/05 16/05-0500 One Competence 090E 24160 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 17/05 22/05 22/05-0500 One Hongzhou Bay 055E 24170 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 23/05 17/05 17/05-2200 Xin Hongkong 070E 24148 COSCO COSCO Shpg. Singapor, Cai Mep,Hongkong, Shanghai,Ningbo,Shekou, Nansha (CI1) 18/05
14/05 14/05-0100 SM Neyyar 419E 24166 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)
21/05 21/05-0300 Seaspan Jakarta 420E 24168 22/05 10/05 10/05-1800 Maersk Atlanta 418W 24146 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 11/05 TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL SERVICE
09/05 09/05-0600 SSL Godavari 026 24159 SLSSLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1)
09/05 09/05-1330 SM Manali 0041 24154 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, 10/05 Krishnapatanam, Cochin, Mundra. (CCG)
11/05 11/05-0500 X-Press Cassiopea 24019E 24158 Maersk Line Maersk India Colombo. (NWX)
13/05 12/05-21:30 Clemens Schulte 032E 24155 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.
14/05 14/05-1500 Yong Shun 999E 24169 ONE ONE (India) (TIP)
15/05 14/05-1300 Seamax Stratford 129E 24137 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)
17/05 17/05-2200 Xin Hongkong 070E 24148 COSCO COSCO Shpg.
10/05-1800 Maersk Atlanta 418W 24146 Maersk Line Maersk Line India Newark, Charleston, Savannah, Houston, Norfolk.
ETA/Berth Vessel’s Name Voy VCN Line Agents Will Load For
In Port Osaka 2418W 2400488 Hapag
15/05 Tema Express 2419W
In Port SSL Visakhapatnam 187A 2400500 Shreyas Transworld Group Coastal & Mundra Transhipment for Mediterranean, Europe, 09/05 14/05 SSL Visakhapatnam 188 2400515 Hapag/CMA CGM ISS Shpg./CMA CGM
10/05 Advance 052W 2400507 OOCL/COSCO
17/05 San Pedro 089W
NEW DELHI: Major ports in India in the Financial Year 2023-24 (FY24) registered a 9 per cent improvement in turnaround time, of 48 hours, compared to 52 9 hours the year before as infrastructure and processes are strengthened.
“Faster movement through major ports has also resulted in a higher cargo l o a d i n g a b i l i t y a s w e l l , as major ports saw a 4 5 per cent increase in total traffic at 819 million metric tonnes (mmt) in FY24,” said a Senior Government Officer
Additionally, the total cargo traffic handled by these ports witnessed a 4.5% increase, reaching 819 million metric tonnes.
This positive trend can be attributed t
v e d infrastructure, the implementation of digital processes, and a greater role for private companies.
Upgraded infrastructure led to a 7 5% increase in the average daily output per vessel, while digitalization efforts like the Sagar-Setu mobile app and paperless clearances streamlined operations and boosted efficiency Moreover, private participation, particularly in container terminal operations, seems to be a key driver of improvement, as evidenced by better efficiency metrics in these terminals compared to those run by port authorities This has prompted the
shipping ministry to consider expanding Public-Private Partnerships (PPP) at majorportsusingthelandlordmodel. These advancements mark a considerable improvement for India’s maritime sector, which was previously a weak link in the country’s logistics chain
The improved turnaround time puts Indian major ports ahead of many developed nations, including the United States, Australia, and Germany This progress is expected to continue as the government pushes for further private sectorinvolvementthroughPPPmodels By leveraging private expertise and resources, India can solidify its position as a competitive player in the global maritimetrade landscape.
NEW DELHI: Oman has allotted a specific zone to India in the strategically located Port of Duqm, less than two months after the visit of Sultan Haitham bin Tariq to New Delhi, a development that will help enhance India’s role in the western and southern Indian Ocean region
The move will augment the Indian Navy’s role as a net security provider amid the ongoing crisis in the Red Sea and the western Indian Ocean region
The port provides a logistical base for India in the field of maritime cooperation. It will also enhance India’s role as a first responder in humanitarian assistance and disaster relief, said people familiar withthematter
T h e d e v e l o p m e n t w i l l a d d significantly to India’s growing footprint intheregionwheretheIndianNavyplays a key role in anti-piracy operations. Over the past few months, the navy has also assisted several vessels being hit by
The port is easily accessible to the shipping lines catering to Indian as well as African markets. Access to the port holds a strategic benefit for India as it overlooks the Gulf of Oman, Indian Ocean and Arabian Sea. It is located in the Al Wusta governorate of Oman Integrated into the special economic zone at Duqm and located 550 km south of capital Muscat, it is equipped with a ship repair yard and dry dock facility
The above vessel is arriving at MUNDRA on 16-05-2024 with Import Cargo in containers.
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.
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. “X-PRESS CAPELLA” V - 24003E
The above vessel is arriving at MUNDRA on 16-05-2024 with Import Cargo in containers.
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
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.
NEW DELHI: The Ministry of Road Transportation and Highways (MoRTH) has been taking several steps aimed at enhancing connectivity and slashing travel time across India Another muchanticipated development in that direction is the 72 km highway running from Bengaluru to Mumbai The Chitradurga-Davangere section of a new six-lane highway in Karnataka was recently inaugurated and has been met with enthusiasm. Connecting two key economic hubs, the highway promises to overhaul logistics networks and streamlinecargomovement
Union Minister of Road Transport &
Highways, Shri Nitin Gadkari, took to social media on Monday to showcase stunning visuals of the newly unveiled stretch, hailing it as a ‘lifeline’ that binds the financial capital to the tech hub. G
infrastructure marvel, touting it as a beacon of efficiency and sustainability.
The construction of this ambitious project is estimated to require an investment of nearly Rs 1,400 crores. To ensure longevity and minimize future maintenance costs, the National Highway Authority of India (NHAI) plans to implement sustainable
techniques and materials, including the incorporation of plastic in bituminous concrete and milling material in service roads. T
government’s ongoing efforts to bolster transportation infrastructure across the nation Gadkari underscored that this project complements the previously announced plan to construct a highway between Nelamangala and Devihalli in Karnataka, which forms a crucial segment of National Highway-75 This initiative syncs with the broader strategy t o b
competitivenessofIndia’slogisticssector.
COLOMBO: India has committed to provide a grant of $61.5 million for the comprehensive development of Sri Lanka’s Port of Kankesanthurai (KKS).
The decision was ratified during a c a b i n e t m e e t i n g , s a n c t i o n i n g acceptance of India’s financial assistance to revamp the KKS Port in Jaffna.
This is as per media reports, which added initially intended to be funded through an Indian credit facility, the project encountered obstacles due to higher-than-anticipated costs assessed by consulting services.
Consequently, discussions ensued with the Indian government to explore alternative funding avenues.
Minister Bandula Gunawardena, serving as cabinet co-spokesman,
disclosed that India, recognising the project’s importance, generously consented to cover the entire estimated renovation expenses for the KKS port.
C o n s i d e r i n g t h e p r o j e c t ’ s challenges, further talks were held with India to explore the potential of executing it through a public-private partnership (PPP) model.
T h e d e c i s i o n f o l l o w s a communication from Sri Lanka’s Ports, Shipping, and Aviation Ministry in M a r c h , a n n o u n c i n g I n d i a ’ s commitment to provide a $61.5 million grant for the full-scale development of the KKS port.
This pledge was conveyed during a meeting between Indian high commissioner Santosh Jha and Sri L
Aviation minister Nimal Siripala De Silva
The development project entails the construction of a new breakwater and dredging the port up to a depth of 30 meters to accommodate deep-draft vessels.
Originally approved on May 2, 2017, under Indian loan funds, the KKS port renovation project received subsequent approval for Project Management Consultant Services on December 18, 2019.
In discussions between Nimal Siripala De Silva and Santosh Jha, it was revealed that India also aims to enhance regional cooperation between the two nations and extend full support to attract more Indian tourists to Sri Lanka.
NEW DELHI: To the extent India’s production-linked incentives (PLIs) are targeted at larger firms, rather than smaller, “inefficient” ones, these s h o u l d n ’ t b e e q u a t e d w i t h indiscriminate protection for domestic industry, Arvind Panagariya, chairman of the 16th Finance Commission, said recently
He, however, cautioned that if the incentives were made available to “all sectors and everybody,” with focus on import-substitution industries, it w o u l d a m o u n t t o “ p u n i s h i n g competitive export industries”.
“If we use PLIs selectively to promote two or three sectors, that’s one thing. But, if (these are used as tool for) overall industrialisation, I think that’s a hard thing to do. The capital is limited… the whole industry or sectors you can’t expand by subsidising everybody You have to ultimately rely on expansion of the industry into the global market place,” the noted trade economist said in an interview.
The PLI policy was launched in 2021-22 There are as many as 14 schemes now, with the government
seeking to offer Rs 2 trillion in incentives by FY30 However, the schemes’ progress so far is barely par for the c o u r s e . T h e r e a r e b i g l a g s i n investments in many sectors, including high-efficiency solar PV modules, automobiles, ACC batteries and textiles , that were supposed to lead the pack.
Panagariya’s new book – India’s Trade Policy: The 1990s and Beyond — while underscoring the beneficial effects of India’s trade liberalisation since 1991, denounces the intermittent reversals, including since 2018-19, the year which saw major escalation of import tariffs, with over 42% of all tariff lines going up. The book, divided into 10 parts, chronicles the evolution of India’s trade and industrial policies, through topical newspaper essays written by the author over decades, and is due for release.
The former ADB chief economist’s comments on PLIs add to the debate over the sops funded out of the exchequer, and designed to boost India’s manufacturing prowess. Former Reserve Bank of India governor Raghuraman Rajan has been critical of
the policy, which he believed sought to “build gold-plated capital”. Rajan had said the government could have used the monies spent on PLIs to fund “high quality schools and universities,” c a p a b l e o f g e n e r a t i n g “ l a
g e externalities,”including a “huge expansion in service exports”.
P
chairman of Niti Aayog (Jan 2015August 2017), also made a strong pitch for the country clinching more free trade agreements (FTAs), as the WTO’s Doha Round or multilateral route for easing trade further, would seem “all but dead”
“FTAs with the Australia, UAE and EFTA are smaller ones, (the one with) the UK will be bigger. But the real big one will be with the European Union,” he said, adding that, at some point, even the US could be added to this list.
“FTAs are likely to be a big incentive for an MNC that is currently in China and is considering to move to India, as products produced in India could get duty-free access to major markets FTA will lead to a rise in foreign investments in India,” he said.
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119
GOSUSNH1526033
120 GOSUSNH1825474
121 GOSUSNH1825484
122 GOSUSNH1825487
123 GOSUSNH1825488
124 GOSUSNH1825490
125 GOSUSNH1825491
126 GOSUSNH1825492
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129 GOSUSNH1825569
130 GOSUSNH1825570
131 GOSUSNH1855847
132 GOSUSNH1855852
133 GOSUSNH1892718
134
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135 GOSUSNH1892797
136 GOSUSNH1892803 137 GOSUSNH1892824
GOSUSNH1892829
GOSUSNH1893211
GOSUSNH1893212
GOSUSNH1907864
142 GOSUSNH1907865
143 GOSUSNH1907906
144 GOSUSNH1914343
145 GOSUSNH1914957
146 GOSUSNH1915131
147 GOSUSNH1915132
148 GOSUSNH1915133
149 GOSUSNH1915134
150 GOSUSNH1915252
151 GOSUSNH1915363
152 GOSUSNH1915466
153 GOSUSNH1915472
154 GOSUSNH1915582
155 GOSUSNH1915649
156 GOSUSNH1915756
157 GOSUSNH1915918
158 GOSUSNH20988458
159 GOSUSNH20988647
160 GOSUSNH20988667
161 GOSUSNH20988681
162 GOSUSNH20988684
163 GOSUSNH20988697
164 GOSUSNH20988748
165 GOSUSNH20988749
166 GOSUSNH20988750
167 GOSUSNH20988751
168 GOSUSNH20988755
169 GOSUSNH20988756
170 GOSUSNH20988759
171 GOSUSNH20988765
172 GOSUSNH20988766
173 GOSUSNH20988774
174 GOSUSNH20988776
175 GOSUSNH20988777
176 GOSUSNH20988778
177 GOSUSNH20988780
178 GOSUSNH20988781
179 GOSUSNH20988783
180 GOSUSNH20988793
181 GOSUSNH20988796
182 GOSUSNH20988797
183 GOSUSNH20988799
184 GOSUSNH20988805
185 GOSUSNH20988854
186 GOSUSNH20988858
187 GOSUSNH20988863
188 GOSUSNH20988864
189 GOSUSNH20988865
190 GOSUSNH20988868
191 GOSUSNH20988869
192 GOSUSNH20988871
193 GOSUSNH20988872
194 GOSUSNH20988875
195 GOSUSNH20988876
196 GOSUSNH20988881
197 GOSUSNH20988884
198 GOSUSNH20988885
199 GOSUSNH20988887
200 GOSUSNH20988888
201 GOSUSNH20988892
202 GOSUSNH20988893
203 GOSUSNH20988895
204 GOSUSNH20988897
205 GOSUSNH20988899
206 GOSUSNH20988903
207 GOSUSNH20988905
208 GOSUSNH20988915
209 GOSUSNH20988965
210 GOSUSNH20989029 211 GOSUSNH20989065 212 GOSUSNH20989066 213 GOSUSNH20989072
GOSUSNH8289254
GOSUSNH8289266
GOSUSNH8423669 217 GOSUSNH8423670
GOSUSNH8423676
GOSUSNH8423707
GOSUSNH8423747
GOSUSNH8455995
GOSUYIW821593
GOSUYIW821594
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GOSUYIW821596
GOSUYIW821598
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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.
NEW DELHI: Freight traffic handled by Major Ports in India in April rose 1.3% on year to 67.26 mn trn, data released by the Indian Ports Association showed. This marginal rise was mainly led by an increase in crude and petroleum products cargo, which rose 2.6% on year to 20.16 mn trn. Container traffic also saw a 2.6% increase to 15.14 mn trn, while coking coal volume rose
13.1% yearly to 5 mn trn. Meanwhile, thermal coal cargo volumes fell 11.8% on year to 10.62 mn trn, while those of iron ore were down 32.3% at 3.26 mn trn.
Among specific ports, Paradip handled the highest traffic in Apr at 12.3 mn trn, followed by Deendayal Port at 11.74 mn trn, and Jawaharlal Nehru Port Authority at 7.16 mn trn.
LUCKNOW: The Uttar Pradesh (UP) Government has earmarked nearly Rs 45,000 crore for investments in highways and tertiary roads in the current financial year 2024-25 (FY25). This move would expedite passenger and cargo movement in the state.
These projects encompass bridges and over-bridges across the 75 districts of the state Of the proposed Rs 45,000 crore, the public works department (PWD) will spend nearly Rs 34,000 crore, or 75 per cent.
The remaining Rs 11,000 crore will be incurred on projects in the villages, tehsils, block headquarters, international/interstate border roads, roads in sugar mill and industrial areas, as well as roads under ‘Dharmarth’ (religious tourist circuit) project.
The Yogi Government, in this year’s Budget, had made provisions for the road and highway projects. Moreover, Rs 800 crore was allocated for road projects in the industrial and logistics park corridors in UP
“Of the total Budget for roads, about Rs 1,750 crore would be spent on projects under the ‘Dharmarth’ circuit this year,” a senior government official said The state has employed a GPS-based monitoring system for such projects to preempt time and cost overruns. The roads are geo-tagged for financialpropriety in the allocation of funds to developers
The UP Expressway Industrial Development Authority (UPEIDA) is the nodal agency for these expressway projects, and PWD is mandated for the extensive network of state highways, district and tertiary roads.
HONG KONG: The BRICS economic alliance has seen its GDP now projected to skyrocket past $34 trillion in the next four years. The bloc continues to grow in strength, numbers, and value. Predictions for BRICS countries’ GDP in 2024 are very optimistic, most are even expected to outperform the US. According to the IMF’s world outlook, the world’s GDP is expected to rise 3.2% in 2024. However, the US sits below that prediction at 2.7%, likely due to its inflation battle in 2023. On the other hand, BRICS has seven nations expected to match our overtake take world GDP prediction: India; China; the UAE; Iran, Ethiopia, and Russia. Egypt sits at 3% predicted GDP growth, however, this still exceeds the United States. Economic growth projections by the IMF for major nations are mixed, with the majority of G7 and BRICS countries forecasted to have slower growth in 2024 compared to 2023. Despite this though, the nations are building their strength, and in turn, expected to overtake the United States.
BRICS to Surpass The United States GDP In The Future?
Additionally, many forecasts expect China’s overall GDP to surpass the United States by the start of the 2030s The BRICS bloc and the G7 have continued to separate, with the gap seemingly widening Yet, the recent developments of both groups have led to what is a global transition. Subsequently, that is expectedtoculminate,withtheBRICSGDPprojectedtosurpass $34trillioninjustfouryears,accordingtodatafromCEOWorld
The BRICS bloc is keen on overtaking the United States in global reach and power Its de-dollarization mission has grown more important in 2024 and appears to be working. The reliance on the US dollar around the world has slowly started to shrink. Multiple nations across Eastern Europe, Africa, and even Asia are interested in BRICS and may ditch the US dollar This initiative, if successful, could prove dangerous for the US GDP
N E W D E L H I : A s e v e nmember delegation from India led
b y A d d i t i o n a l S e c r e t a r y, Department of Commerce, Ministr y of Commerce and Industry, Government of India, Shri Amardeep Singh Bhatia
a c c o m p a n i e d b y H i g h
C o m m i s s i o n e r o f I n d i a t o Republic of Ghana, Shri Manish Gupta and Economic Adviser, Department of Commerce, Ms Priya P Nair held a Joint Trade Committee (JTC) meeting with their Ghanaian counterparts in Accra from 2nd to 3rd May, 2024.
The JTC was co-chaired by Deputy Minister for Trade and Industry, Republic of Ghana, Hon. Michael Okyere-Baafi; and Additional Secretary, Department of Commerce, Shri Amardeep Singh Bhatia.
In a comprehensive dialogue, both sides undertook a detailed review of recent developments in bilateral trade and investment ties and acknowledged the vast untapped potential for further expansion. Both sides agreed to work
expeditiously towards the operationalization of Unified Payment Interface (UPI) of National Payments Corporation of (NPCI) on Ghana’s Ghana I n t e r b a n k P a y m e n t a n d Settlement Systems (GHIPSS) within a period of 6 months. Both sides delved into discussions regarding the possibilities o f a M e m o r a n d u m o f Understanding (MoU) on Digital transformation Solutions; Local Currency Settlement System and also deliberated on the opportunities offered by African Continental Free Trade Agreement (AfCFTA).
Both sides identified several areas of focus for enhancing both bilateral trade as well as mutually beneficial investments. These include cooperation in pharmaceuticals, healthcare, information and communication technology, agriculture and food processing, renewable energy, power sector, digital economy and digital infrastructure, critical minerals, textiles and garments, etc.
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186 GOSUSNH1891382
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189 GOSUSNH1892525
190 GOSUSNH1892531
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192 GOSUSNH1892541
193 GOSUSNH1892542
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195 GOSUSNH1914367
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206 GOSUSNH1914643
207 GOSUSNH1914814
208 GOSUSNH1914825
209 GOSUSNH1914835
210 GOSUSNH1914863
211 GOSUSNH1914881
212 GOSUSNH1914934
213 GOSUSNH1914938
214 GOSUSNH20988283
215
GOSUSNH20988412
216 GOSUSNH20988429
217 GOSUSNH20988430
218 GOSUSNH20988464
219 GOSUSNH20988473
220 GOSUSNH20988486
221 GOSUSNH20988487
222 GOSUSNH20988488
223 GOSUSNH20988499
224 GOSUSNH20988545
225 GOSUSNH20988546
226 GOSUSNH20988557
227 GOSUSNH20988558
228 GOSUSNH20988561
229 GOSUSNH20988565
230 GOSUSNH20988567 231 GOSUSNH20988568 232 GOSUSNH20988573
GOSUSNH20988575
GOSUSNH20988577
GOSUSNH20988579 236 GOSUSNH20988582 237 GOSUSNH20988585
238 GOSUSNH20988588 239 GOSUSNH20988589 240 GOSUSNH20988591 241 GOSUSNH20988605 242 GOSUSNH20988606 243 GOSUSNH20988609
244 GOSUSNH20988610
245 GOSUSNH20988611
246 GOSUSNH20988643
247 GOSUSNH20988648
248 GOSUSNH20988650
249 GOSUSNH20988652
250 GOSUSNH20988663
251 GOSUSNH20988690
252 GOSUSNH20988761
253 GOSUSNH20988767
254 GOSUSNH8289261
255 GOSUSNH8423614
256 GOSUSNH8423642
257 GOSUSNH8423692
258 GOSUSNH8423693
259 GOSUSNH8423694
260 GOSUSNH8423695
261 GOSUSNH8459368
262 GOSUSNH8459371
263 GOSUSNH8470372
264 GOSUSNH8470515
265 GOSUSNH8474100
266 GOSUSNH8474101
267 GOSUSNH8474134
268 GOSUSNH8474159
269 GOSUSUB8089547
270 GOSUSUB8089597
271 GOSUSUB8089610
272 GOSUSUB8089622
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LONDON: The month of April set a new record for box ship deliveries as newbuildings continue to flood into the market.
April 2024 saw some 50 newbuilds delivered with what analyst Alphaliner described as a whopping 330,000 TEU in capacity.
To put that number in perspective its higher than the entire capacity operated by the world’s 12th largest container Pacific International Lines, and equivalent to a 1 1% share of the entire global market today
The April record follows deliveries of 41 newbuilds in March with 260,000 TEU of capacity
Cosco Shipping in the largest volume of deliveries with five ships and total capacity 58,700 TEU, and MSC just
behind with five ships totalling 58,600 TEU, according to Alphaliner.
As Ocean Network Express noted in its annual results diversions via the Cape of Good Hope due to the Red Sea crisis have reversed a demand and supply picture that was deteriorating up to the end of 2023 as increasing numbers of newbuildings were delivered.
“A few years ago, many had predicted that liner shipping would run into a massive overcapacity situation in 2024, but so far the market has absorbed all the new capacity fairly well,” Alphaliner noted in its weekly report.
“Vessels diversions via the Cape of Good Hope and additional slow-steaming due to stricter environmental regulationshave‘artificially’createdfreshtonnagedemand ”
Visakhapatnam Port Authority (VPA) have created history by handling MSC TERESA, the largest ever Container Vessel to call at any Indian Port on the East Coast (with LOA 365.50 mtrs. & Beam is 51.2 mtrs.) on the Early Hours of 03.05.2024 with Capacity of 14604 TEU’s, according to a post on X.
The vessel was berthed at VCTPL by Capt. T. Ravi Kiran & Capt. R. C. Sarma, Dock Masters under the Captainship of Dy Conservator Sri T Srinivas.
NEW DELHI: India’s agricultural exports plunged nearly 9% in the first 11 months of 2023-24, prompting authorities to work on fresh strategies to push shipments of perishables and fruits, especially to offset the impact of the country’s bans on rice, wheat, sugar and onion exports, a senior official said.
Curbs on shipments by the world’s second-largest producer of wheat, rice and sugar to cool domestic prices, the Red Sea crisis and the knock-on effects of the Ukraine war have led to an 8.8% fall in exports to $43.7 billion during the 11 months for which latest data are available. In the previous year, total exports of farm produce were valued at $53 billion.
The government is unlikely to lift the bans on shipments of key staples due to continued risks of high food prices, prompting the government to rework its export strategy, the official said. India’s exports have fallen mainly because of a ban on staples. The country is otherwise a major exporter of rice, which makes up for more than 40% of global rice shipments. In 2021-22, the country exported nearly 22 million tonnes of the grain, about a sixth of its total domestic output.
Despite a fall in overall farm-produce exports, shipments of long-grain basmati rice rose 22% to $5.2 billion during April Feb FY24 Basmati rice currently attracts a minimum export price.
As part of its plan to boost exports, the country is adopting a two-pronged approach. It will continue to
diversify exports and push so-called “unregulated items”, which refers to farm produce not regulated by trade policies.
The government has identified 20 such agricultural produce and products with high export potential in markets such as United States, Europe and Japan. These include bananas, mangoes and alcoholic beverages, according to a second official.
According to an internal review, global exports of these items are worth over $400 billion, which the country will have to tap into since India’s share in these products is just 2% and valued at only $9 billion.
Authorities are also looking to ramp up shipments of fresh fruits and processed food items through sea routes since most perishables are shipped by air, which is expensive and plagued by capacity constraints.
For newer sea routes, protocols are being developed by the Agricultural and Processed Food Products Export Development Authority (APEDA) and the Indian Council of Agricultural Research (ICAR), a wing of the Agriculture Ministry, the first official said.
The country is looking to ship oranges, bananas and pomegranates especially to US and Europe through the sea route. The country recently shipped bananas to the Netherlands US and pomegranates to the US via sea. Shipping via sea channels, in contrast to air cargo, can increase export volumes substantially, the second official said.
The above vessel is arriving at MUNDRA PORT on 13-05-2024 with Import Cargo in containers.
Item Nos. B/L NOS. Item Nos. B/L
280 GOSUXNG1831912
281 GOSUXNG1831913
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300 GOSUZSH1029061
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306 LNLUPKL8132313
307 LNLUPKL8132373
308 LNLUPNG8017437
309 ZIMUMEX936199
310 ZIMUMEX936201
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.
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
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“MSC
Voy : IS417A I.G.M. NO. 2376307 Dtd. 08-05-2024 Exch rate 85.91
The above vessel is arriving on 10-05-2024 at MUNDRA PORT with Import cargo from JUBAIL.
Please note the item Nos. against the B/L Nos. for MUNDRA delivery.
The above vessel is arriving on 10-05-2024 at MUNDRA PORT with Import cargo to MUNDRA from ABU DHABI, BEIRA, MAPUTO, AD DAMMAM, JUBAIL.
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
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BEIJING: In China, the world's largest batteryelectric container ship has started regular operations between Shanghai and Nanjing. The route covers almost 1,000 kilometres along the Yangtze River - without stopping to recharge.
The ship named Greenwater 01, developed by the China Ocean Shipping Group (Cosco), is 120 metres long and 24 metres wide. It has a battery capacity of 50,000 kWh, which can be expanded to up to 80,000 kWh if required This is possible because the batteries are housed in containers that can either be charged in the harbour or exchanged by crane.
With the battery-electric drive, the container ship is expected to save 3,900 kilograms of fuel per 100 nautical miles (185.2 kilometres) and reduce CO2 emissions by 12 4 tonnes Extrapolated to the usual 965-kilometre route across the Yangtze River between Shanghai and Nanjing, this means a calculated fuel saving of over 20,000 tonnes – in practice, of course, consumption in inland shipping depends on whether the ship is travelling with or against the current.
The freight capacity of the Greenwater 01 is 700 TEU, with one TEU corresponding to a 20-foot standard container According to Cosco, this means that the Greenwater 01 not only sets world records for the length, width and load capacity of a battery-electric ship, but also for container capacity
“The 700 TEU electric container ship is the world’s first large all-battery container ship for long-distance transport,” Cosco Shipping wrote in March 2023. “After construction, this series of ships will be put into operation on the Yangtze River. It will realise the green modernisation of the golden waterway and provide the experience and solutions of key state-owned enterprises for China’s inland and coastal shipping industry to reduce emissions.”
According to Cosco, the project on the Yangtze River will serve as a model for future environmentally friendly shipping projects. The company had already started building a second electric container ship in May last year
SeaLead, a fast-
appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses responsibilities across a diverse group of countries including Japan, Korea, Taiwan, Malaysia, Philippines, Thailand, Vietnam, Indonesia, Singapore, Myanmar, and Cambodia Ashok will be transitioning from his previous role as Global Director of Trade Management to the new position.
Ashok excels at driving organisations toward profitability while ensuring compliance, developing robust global commercial and operational strategies, and effectively managing multicultural teams. He has built a distinguished career in shipping, intermodal transportation, supply, and cool chain management, significantly boosting revenue and optimising asset use at companies like Cordelia Container Shipping Line, Transliner Group, and Choice Group where he fostered growth and contributed to the overall development of the organisation, its business and profitability, whilst at APL, he was instrumental in revitalising its position in the Global Reefer Trade to a specialised formidable player
Reflecting on his new role as Managing Director for North and Southeast Asia, Ashok Pillay remarked, "My goal is to cultivate a positive awareness and aspirations about the region within our liner and regional teams to enhance the development of SeaLead's network and businesses. We aim to build SeaLead's brand and capabilities across the region, achieving
significant penetration in b o t h c o m m e r c i a l a n d operational spaces in all markets Additionally, it is crucial to grow and position S e a L e a d a s a s t r o n g , steadfast, and reliable liner in the rapidly expanding Intra Asia trade."
T h e a p p o i n t m e n t coincides with SeaLead’s recent acquisition by a consortium of investors including Eurasia Capital, HCP Investments, Access Capital Funds, and VCC subfund Saral Incorp The ownership transition marks a significant phase in SeaLead’s journey towards becoming a leader in global logistics solutions.
Suleyman Avci, Vice President, Global Trade, commenting on the appointment, stated, “Ashok’s proven expertise and forward-thinking approach are exactly what SeaLead needs at this pivotal time. His appointment is not just about filling a role, but about pushing boundaries and setting new benchmarks in the region.”
This strategic appointment is set against the backdrop of a promising economic outlook for Asia According to recent projections, Southeast Asia is poised to grow by 4 6% in 2024 and 4 7% in 2025, up from 4 1% in 2023 Similarly, Japan, Taiwan, and South Korea are expected to exhibit strong economic performance in 2024, driven by pent-up demand, market reforms, and optimistic business leader expectations