GUJ-10-06-2024

: (079) 26569995, E-Mail:dstgujarat@gmail.com MUMBAI : (022)22661756 / 1422, 22691407

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

Govt of India plans New Shipping Entity to expand fleet

NEW DELHI: The Government of India plans to set up a new shipping company to expand its fleet by at least 1,000 ships in the next decade, to gain revenue from trade. The yet-to-be-named firm will be jointly owned by state-run companies in the oil, gas and fertiliser industries.

The South Asian nation is spending billions of dollars to refurbish infrastructure in its race to become a world-class manufacturer with Prime Minister Shri Narendra Modi,

CONCOR targeting 18-20% volume growth, planning Rs 610 crore capex in FY25: CMD Sanjay Swarup

N E W D E L H I : Container Corporation of India (CONCOR), the country's largest c o n t a i n e r f r e i g h t operator, is looking to raise its overall cargo volumes by 18-20 percent on year in 2024-25, and plans to spend Rs 610 crore in the ongoing financial year on the same, the company's Chairman and Managing Director Sanjay Swarup was recently quoted as saying. Cont’d. Pg. 6

who won a third term this week, aiming for it to be a developed nation by 2047.

The new firm will be based at GIFT IFSC, in Gujarat which aims to compete with hubs such as Singapore, based on privision of incentives and a streamlined regulatory environment. It would draw seed capital from a maritime development fund of roughly Rs 30,000 crore (USD 3.6 billion) the government plans to set up in a tie-up with major port authorities.

Visakhapatnam Port enters Top 20 in World Bank’s Container Port Performance Index

VISAKHAPATNAM: Visakhapatnam Port has achieved a significant milestone by securing a spot in the top 20 rankings of the Container Port Performance Index 2023 (CPPI 2023), developed by the World Bank and S&P Global Market Intelligence. R a n k e d 1 9 t h , V i s a k h a p a t n a m outperformed Mundra Port, which holds the 27th position and is managed by Adani Ports and Special Economic Zone Ltd (APSEZ).

The CPPI assesses the performance of global container ports based on vessel time in port, aiming to identify areas for improvement to benefit stakeholders in the global trading system and supply chains. Cont’d. Pg. 10

Shri Sanjay Swarup

Vanguard Logistics : Sachin Vijan appointed as New RegionalMD (ISC & ME); Michael Gomez is New Regional MD for North America

LONG BEACH: Vanguard Logistics

h a s m a d e s o m e pivotal changes in its Global Leadership Team and organizational structure aimed at aligning with strategic objectives as it look ahead to 2026.

ISC & ME Leadership Appointment

Mr Sachin Vijan has been appointed as the new Regional Managing Director for the Indian Subcontinent & Middle East (ISC & ME) region Sachin's appointment comes as we realign our regional boundaries, sharpening our focus on these crucial areas.

With over two decades of experience in senior sales, sales management, and profit and loss responsibilities, Sachin's leadership is expected to significantly contribute to our growth and expand our presence in these dynamic markets.

North America Leadership Appointment

Mr Michael Gomez is the new Regional Managing Director for North America, effective from July 1. Michael Gomez is stepping into this role following the retirement of Olivia Fidler in April. With an impressive career spanning over 25 years at Vanguard Logistics,

with the last 11 years in the Indian Subcontinent & Middle E

positions within our global IT team, Michael's extensive experience is instrumental as we further enhance our operations across the USA, Mexico and Canada.

“Both changes mark a significant step in our ongoing efforts to grow and enhance our global footprint to further improve our services to you and your customers. Both Michael and Sachin bring unparalleled expertise to their new roles, and they are exceptionally positioned to drive our strategic initiatives forward,” informs a recent communique from Vanguard Logistics.

CONCOR targeting 18-20% volume growth, planning Rs 610 crore capex in FY25: CMD Sanjay Swarup

Cont’d. from Pg. 4

"In FY 25, we expect growth of 15 percent in Export-Import and 25 percent in the Domestic segment. This will translate to overall growth of 18-20 percent for CONCOR," Swarup said.

He added that CONCOR plans to spend Rs 610 crore to develop terminals, procure wagons, containers and IT equipment, and acquire land.

The company incurred a capital expenditure of Rs 745 crore in 2023-24 and added three new terminals at Jajpur, Kadakola, and Paradip.

Concor also commissioned 14 new high-speed heavy capacity rakes, taking its total fleet size to 377 at the end of the year. In addition, the public s e c

containers, taking the total count to more than 44,000

Govt of India plans New Shipping Entity to expand fleet

Cont’d. from Pg. 4

“Current estimates show freight costs will rise to $400 billion as we boost our exports and imports by 2047,” said one of the sources, who has direct knowledge of the matter.

Indian companies paid freight costs of $85 billion in the financial year 2019/20, of which $75 billion was paid for use of foreign vessels, the source added.

The turn to foreign carriers comes as India’s shipping fleet has not kept pace with its surge in trade, including imports of energy and exports of refined oil products.

In January, India’s Oil and Shipping Ministries agreed that all state-run oil companies and the planned company will work together. In May, the two Ministries formed a joint working group of government and industry officials to devise a roadmap, and draw on the expertise of the Shipping Corporation of India in tanker acquisition and ownership, operations and other key areas.

India has a fleet of about 1,500 large vessels including tankers, gas carriers, container ships and dry bulk carriers. The aim is to reduce freight outgoings to foreign firms by at least a third by 2047.

On May 16, the two Ministries formed a joint working group of government and industry officials to devise a roadmap, the document showed.

To secure low-cost, long-term loans for financing shipbuilding, the two ministries want state-run companies to sign15-yearcharterdealswiththenewfirm.

That represents a shift from the current practice of booking specific voyages or one- or two-year charters.

“In return the state-run companies can also become stakeholders in the new ship owning and leasing entity,” the source added.

The plan is to consolidate the government-side cargo demand from other Ministries, mainly the energy and fertiliser cargoes.

Mr. Sachin Vijan Mr. Michael Gomez

Visakhapatnam Port enters Top 20 in World Bank’s Container Port Performance Index

Cont’d. from Pg. 4

This year's index evaluated 405 ports worldwide, considering over 182,000 vessel calls and 381 million twenty-foot equivalent u n i t s ( T E U s ) f o r t h e y e a r 2 0 2 3

Visakhapatnam Port's container terminal, with a capacity of 1.35 million TEUs, is operated by Visakha Container Terminal Pvt Ltd, a subsidiary of J M Baxi Ports & Logistics The port's efficient performance has earned it the 18th position in the CPPI regional rankings for West, Central, and South Asia, surpassing Mundra Port, which is ranked 22nd.

The CPPI emphasizes that poorly performing ports can lead to shipment delays, supply chain disruptions,

and increased costs, which negatively impact competitiveness and economic growth. Efficient port operations are crucial for maintaining trade flow and reducing the cost of imports and exports, thereby supporting economic development and poverty reduction Martin Humphreys, Lead Transport Economist at the World Bank, highlighted the need for major ports to invest in resilience, new technology, and green infrastructure to ensure the stability of global markets. Turloch Mooney, Head of Port Intelligence & Analytics at S&P Global Market Intelligence, noted the interconnected nature of container shipping and the broader impacts of port performance on global schedules and economic growth.

World Bank report: APM Terminals operational in six of top 10 most efficient container ports in the world

T H E H A G U E : A P M Te r m i n a l s ’ operations appeared six times in the top 10 most efficient container terminals in the world, as ranked in The Container Port PERFORMANCE INDEX 2023 published this week by the World Bank and S&P Global Market Intelligence.

The CPPI, developed by the World Bank and S&P Global Market Intelligence, is based on an extensive dataset from 405 ports worldwide, the largest to date. Time stamps from 10 of the world’s largest liner shipping companies, which collectively operate almost 80 percent of global container shipping, are collected. This equates to over 182,000 vessel calls, 238 2 million moves, and approximately 381 million twenty-foot equivalent units (TEUs) for the full calendar year of 2023.

performance improvement, even during challenging times," said Keld Christensen, CEO of Port of Salalah. "This achievement is a testament to the incredible tenacity of our people, and we are proud of their efforts. It highlights our stability and commitment to serving our customers in the best possible way I salute our hardworking employees for this great accomplishment and thank all the stakeholders who supported us."

Amidst some significant changes in global rankings caused by regional disruptions, APM Terminals retained six top 10 positions. The Port of Salalah in Oman secured a second-place ranking, Tanger-Mediterranean in Morocco held fourth, Malaysia’s Tanjung Pelepas Port fifth, Cai Mep in Vietnam seventh, Yokohama in Japan ninth and APM Terminals Algeciras, Spain tenth.

Gemini Cooperation Hubs

It is no coincidence that five of these top performing container terminals, APM Terminals Algeciras, APM Terminals Tangier and Medport Tangier, and Port of Tanjung Pelepas have also been selected by the new Gemini Cooperation, a long-term operational collaboration between Maersk and Hapag-Lloyd, which will start in February 2025. Hubs will play a key role in delivering the industry-leading 90%+ schedule reliability, competitive transit times, and farreaching global coverage set as a goal by Gemini, once the network is fully implemented.

“I can’t help but being proud - operating six container terminals or ports in the top ten,” commented Olaf Gelhausen, Chief Operating Officer at APM Terminals “It shows me that our drive for improved safety, visibility and predictability really makes a difference to boost operations and to deliver to our customers. A boost that can trickle down to other parts of the supply chain as well.

“Delivering on these parameters is especially important in a time where supply chains are once again being challenged and we all need to walk the extra mile to deliver operational excellence in all our terminals.”

Triple success for Port of Salalah

For the Port of Salalah in Oman, it was a triple celebration, having retained its positions as the world’s second most efficient port for the third consecutive year despite regional disruptions and an ongoing USD 300 million expansion It also retained its first position for the West Central and South Asia Region.

"Retaining this title for the third consecutive year, reaffirms our strong commitment to continuous

Port performance is measured by the efficiency of vessel turnaround time, known as 'Total Port Hours' – the total duration from when a ship reaches the port limits, pilot station, or anchorage zone, until it departs the berth after completing its cargo exchange According to the report, the Port of Salalah, with 1,146 vessel calls, achieved 164.72 index points, ranking second only to Yangshan in China, whichhad3,509vesselcallsandanindexscoreof177.9.

Expansion plans

The company has a clear focus on maintaining the exceptional performance at these terminals. An expansion of more than a million TEU (Phase 2) was delivered at APM Terminals Tangier MedPort, Morocco in December last year The expansion covers 18 Hectares, with seven additional container stacks and an additional 400 metre berth. Phase 3, due in 2025, will increase the total capacity by an additional one million TEU.

As part of an equipment modernisation program, the Port of Tanjung Pelepas (PTP), a joint venture between the MMC Group and APM Terminals, inked an agreement this year with Mitsui E&S Co., Ltd. (Mitsui) to procure 48 electric rubber tyre gantry cranes for delivery in Q3 2025.

PTP’s Chairman, Tan Sri Che Khalib Mohamad Noh remarked that the agreement signing reflects PTP’s strong commitment to expanding its capacity and capability to support their customers’ growth demands. “PTP’s strategic approach to continuously enhance efficiency and optimise its footprint, has contributed tremendously to keeping the terminal’s advantages in an increasingly competitive global market,” he said.

1 million TEU expansion at Salalah

To ensure Salalah maintains its position in the ranking, the Port is currently carrying out a USD 300 million container terminal upgrade and expansion project Next week the port will receive the final four out of 10 new ZPMC ship-to-shore cranes. The first cranes, with a 75 m/26 container outreach, arrived at the start of 2024 are currently being commissioned and tested to start operations.

Once the project is completed in the first quarter of 2025, annual capacity at the terminal will increase from 5 million to 6 million TEU. The extra capacity will allow it to efficiently serve as a key hub for the Gemini Cooperation - a long-term operational collaboration between Maersk and Hapag-Lloyd, which will start in February 2025, with additional capacity available for other shipping lines.

SHIPPING MOVEMENTS AT GUJARAT PORTS

VESSELS IN PORT & DUE FOR EXPORT LOADING

Cargo Steamer's Agent's ETD

Jetty Name Name

CJ-I Anna Dorothea DBC 14/06

CJ-II Pegasus 02 DBC 13/06

CJ-III Teacher O DBC 12/06

CJ-IV Danship Bulker DBC 13/06

CJ-V Tokyo Spirit Synergy 15/06

CJ-VI NPS Mosa

CJ-VII GF Trader DBC 12/06

CJ-VIII VACANT

CJ-IX Meghna Progress Benline 13/06

CJ-X BC Mirabel Interocean 12/06

CJ-XI SCI Chennai J M Baxi 11/06

CJ-XII Arzin Armita India 11/06

CJ-XIII Ocean Universe J M Baxi 14/06

CJ-XIV GCL Mahanadi Chowgule Bros 13/06

CJ-XV VACANT

CJ-XVA Wujiang BS Shipping 12/06

CJ-XVI Kmarin Genoa Chowgule Bros 11/06

TUNA VESSEL'S

Trader Taurus 11/06

OJ-I Kruibeke Seaworld 11/06

OJ-II Ocean Hope Marinelinks 11/06

OJ-III Fairchem Pathfinder Samudra 11/06

OJ-IV Bow Panther GAC Shpg. 11/06

OJ-V VACANT

OJ-VI VACANT

OJ-VII Sky Blue J M Baxi 11/06

SSF Dynamic 06/06 Abu Dhabi

Thor Fortune 06/06

Meghna Princess 06/06

Seacon 8 06/06 Korea

TCI Express 07/06 Manglore/ Cochin/Tuticorin

Regency 07/06 Mumbai

Dae Won 08/06

Maubert 09/06

Kathy Ocean 09/06 China

Obe Queen 09/06 Korea

AS Alexandria 09/06 J M Baxi Haj Abdalllah T 10/06 Somalia

12/06 Mohsen Ilyas Seacoast Hodeidah

Stream Nord Hakata Mihir & Co.

CJ-X BC Mirabel Interocean

LIQUID CARGO VESSELS

SHIPS SAILED WITH EXPORT CARGO

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

DP WORLD MUNDRA

Line

Marine Sohar, Jebel Ali, Dammam (IEX)

TO LOAD FOR EAST, WEST, NORTH & SOUTH AFRICAN PORTS

In Port —/— Maersk Copenhagen 423W —/— Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA) 11/06 14/06 13/06-PM Maersk Cabo Verde 424W 4051918 Maerssk Line Maersk India Port Casina, Mombasa (MAWINGU)

17/06 17/06-PM Oel Shasta 139W 4052121 Unifeeder Transworld Shpg. Maputo (MJI)

LOAD FOR FAR EAST JAPAN, CHINESE PORTS & AUSTRALIAN PORTS

In Port —/— A P Moller 423E 4052006 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 11/06 16/06 16/06-PM X-Press Odyssey 24024E 4052153 Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 17/06 12/06 11/06-PM GFS Giselle 2406 4052080 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC) 13/06 14/06 13/06-PM Wan Hai 506 6233E Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 15/06 25/06 25/06-AM Inter Sydney 158 4052200 Interworld Efficient Marine China (BMM)

27/06 27/06-AM Terataki 2408 4062185 Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, Port Kelang (FEX1) 28/06 TBA Asyad Line Seabridge Marine Haiphong, Laem Chabang, Jakarta (FEX) TO LOAD FOR INDIAN SUB CONTINENT

In Port —/— Maersk Copenhagen 423W —/— Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)

12/06 11/06-PM GFS Giselle 2406 4052080 Global Feeder Sima Marine Karachi (CSC)

18/06 18/06-AM Wadi Duka 2411 4051970 Asyad Line Seabridge Marine Karachi (REX) 19/06

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

In Port Maersk Copenhagen (V-423W) Maersk India Nhava Sheva 10/06 Dimitra C (V-423W) 4051916 Maersk India Jebel Ali 11/06 GFS Giselle (V-2406) 4052080 MBK Logistix Nhava Sheva

Cap San Lazaro(V-422W) Nhava Sheva 05-06-2024 SM Neyyar (V-421) Pipavav 06-06-2024 Maersk Cape Town (V-423S) Pipavav 07-06-2024

EXPORT CARGO VESSEL'S

14/06 13/06-PM Cosco Glory 75 2402095 CMA CGM CMA CGM Ag. (I) Jeddah, Suez Canal, Tangier, Southamton, Rotterdom, Bremer Haven, 15/06 COSCO COSCO Shpg. Antwerp, Le Harve. (EPIC-III) TO LOAD FOR WEST ASIA GULF & RED SEA PORT

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

Ningbo, Shekou, Singapore, Shanghai (PMX)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

PIPAVAV PORT

PACIFIC ISLANDS

In Port —/— Clemens Schulet 033E 24193 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 10/06 19/06 18/06-2130 Dimitris Y 245E 24202 ONE ONE (India) (TIP)

In Port —/— MOL Creation 092E 24178 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 10/06 12/06 11/06-1700 One Commitment 065E 24190 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 12/06 19/06 19/06-1100 One Contribution 057E 24198 20/06 14/06 13/06-0100 X-Press Odyssey 424E 24192 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 15/06 20/06 20/06-2000 X-Press Carina 425E 24201 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 21/06 Sinokor / Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan 16/06 16/06-1800 OOCL Luxemburg 110E 24191 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 17/06

30/06 29/06-1800 Seamax Startford 130E 24197 Gold Star / RCL Star Shpg/RCL Ag. (CIXA) 30/06 13/07 13/07-0600 Xin Hongkong 072E 24207 COSCO COSCO Shpg. Singapor, Cai Mep,Hongkong, Shanghai,Ningbo,Shekou, Nansha (CI1) 14/07 TO LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS

15/06 15/06-1000 Maersk Pittsburgh 423W 24188 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 16/06 15/06 15/06-0100 SM Neyyar 0423E24196 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)

18/06 18/06-1800 Seaspan Jakarta 0424E24199

In Port —/— Clemens Schulet 033E 24193 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.

19/06 18/06-2130 Dimitris Y 245E ONE ONE (India) (TIP)

13/06 12/06-1200 SCI Mumbai 2404 24203 SCI J M Baxi Mundra, Cochin, Tuticorine. (SMILE)

13/06 12/06-1800 SSL Bharat 156 24200 SLSSLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 14/06 14/06 13/06-0100 X-Press Odyssey 424E 24192 Maersk Line Maersk India Colombo. (NWX)

14/06 14/06-0001 SM Mahi 0071 24206 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, 15/06 Krishnapatanam, Cochin, Mundra. (CCG) 16/06 16/06-1800 OOCL Luxemburg 110E 24191 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)

29/06-1800 Seamax Startford 130E 24197

13/07 13/07-0600 Xin Hongkong 072E 24207 COSCO COSCO Shpg. Karachi, Colombo (CI1)

TO LOAD FOR US & CANADA WEST COAST In Port —/— Clemens Schulet 033E 24193 X-Press Feeders Merchant Shpg Seattle, Vancouver,

SHIPPING MOVEMENTS AT ADANI

HAZIRA PORT

Hong

NOTICE TO CONSIGNEES

m.v. “MSC RIDA” Voy : XA422A

I.G.M. NO. 2379188 Dtd. 07-06-24 Exch rate 85.74

The above vessel has arrived on 02-06-2024 at MUNDRA PORT with Import cargo from CHARLESTON.

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

KANDLA-SEZ/GANDHIDHAM

The above vessel has arrived on 02-06-2024 at MUNDRA PORT with Import cargo to MUNDRA from ALTAMIRA, VERACRUZ, CHARLESTON, NEW YORK, SAVANNAH.

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

The above vessel has arrived on 03-06-2024 at MUNDRA PORT with Import cargo from ABU DHABI, BAHRAIN

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, E-mail : IN363-comm.mumbai@msc.com • www.msc.com

NOTICE TO CONSIGNEES

m.v. “MSC ALINA” Voy : IP422A I.G.M. NO. 2378904 DTD. 05-06-24 Exch rate 86.01

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from NEW YORK, NORFOLK.

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

KANDLA-SEZ/GANDHIDHAM

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

MSC AGENCY (INDIA) PRIVATE LIMITED

Syama Prasad Mookerjee Port begins direct container vessel service connecting Malaysia, Haldia & Myanmar

KOLKATA:

T h e H a l d i a Dock Complex ( H D C ) o f

Syama Prasad Mookerjee Port (SMP), Kolkata has commenced direct container vessel service connecting Malaysia, H a l d i a a n d M y a n m a r. A statement by the port announced that the Haldia Dock Complex and Port Klang and Yangon is to be linked by direct weekly service with a first of its kind weekly express service The collaborative project has been announced by SITC, a leading Intra Asia operator Through this service the Far East ports including China and Japan will be connected to SMP , Kolkata via Port Kelang. The first vessel SITC Nagoya berthed at Haldia International Container Terminal, HDC on June 6, sailing directly from Shanghai, China. The second vessel in the loop ser vice SITC Tianjin will

call HDC around June 12.

It is for the first time in the history of Kolkata Port operations that a weekly regular direct service from Yangon / Port Klang will call to Haldia Container Terminal operated by J M Baxi Ports and Logistics. Thereafter, the port rotation of this weekly service will be Port Klang-Haldia Dock C o m p l e x -Ya n g o n P o r t - P o r t Kelang/Shanghai.

The port authorities are expecting that with addition of more vessels in this service in the coming weeks the

shipping circuit connecting Kolkata Port to Myanmar and Port Kelang with the direct service till Shanghai will be strengthened. “The service is expected to benefit the shippers in Bengal and other fast developing states of Odisha, Chhattisgarh, Bihar and the entire North East as the region will benefit with the faster, cheaper transit time and direct connectivity for their exports and imports. This service will also help connect cargoes to Nepal and Bhutan and emerging NE states,” read the statement.

Rathendra Raman, Chairman, SMP Kolkata said: “It is expected that with the commencement of this direct service the cost of shipment will be cheaper by about 35 per cent for the cargo from Far East countries to SMP , Kolkata compared to the traditional route, encouraging cargo/trade owners of India, Malaysia, Mayanmar, China and Japan on a regular basis.”

RBI keeps policy Repo Rate unchanged at 6.5%

MUMBAI: On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), the country’s central bank, at its meeting today decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.

The MPC also decided to remain f o c u s e d o n w i t h d r a w a l o f accommodation to ensure that inflation progressively aligns to the target, while supporting growth.

These decisions of the RBI are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4percentwithinabandof+/-2percent, while supporting growth.

Giving an assessment of the current situation, the MPC said, “ G l o b a l e c o n o m i c a c t i v i t y i s rebalancing and is expected to grow at a stable pace in 2024. Inflation has been moderating unevenly, with services inflation staying elevated and slowing progress towards targets. Uncertainty on the pace and timing of policy pivots by central banks is keeping financial markets volatile. Equity markets have touched new highs in both advanced and e m e r g i n g m a r k e t e c o n o m i e s Non-energy commodity prices have firmed up, while the US dollar and bond yields are exhibiting two-way m o v e m e n t w i t h s p i l l o v e r s t o emerging market currencies. Gold prices have surged to record highs on safe haven demand.”

Analysing the outlook, the MPC said that high frequency indicators of domestic activity are showing resilience in 2024-25. The south-west monsoon is expected to be above

normal, which augurs well for agriculture and rural demand. Coupled with sustained momentum in manufacturing and services activity, this should enable a revival in private consumption. Investment activity is likely to remain on track, with highcapacity utilisation, healthy balance sheets of banks and corporates, government’s continued thrust on i n f r a s t r u c t u r e s p e n d i n g , a n d optimism in business sentiments. In addition, improving world trade prospects could support external demand.

H o w e v e r, r i s k s a r

geopolitical tensions, volatility in international commodity prices, and geoeconomic fragmentation pose risks to the outlook. Taking all these factors into consideration, real GDP growth for 2024-25 is projected at 7.2 per cent with Q1 at 7.3 per cent; Q2 at 7.2 per cent; Q3 at 7.3 per cent; and Q4 at 7.2 per cent, the MPC projected.

Dhanbad Division leads in freight loading during FY2023-24

DHANBAD: The Dhanbad railway division of East Central Railways on Friday claimed to have posted the highest amount of freight among all railway divisions during 2023-24 FY.

The division claimed that it loaded 188.73 million tonnes (MT) of freight and earned a Rs 25,048 43 crore revenue. Dhanbad Divisional Railway Manager Kamal Kishore Sinha said

Dhanbad was ahead of Bilaspur division in Chhattisgarh that secured the second position by loading 171.99 MT of freight and earning Rs 20,966.78 crore.

“The Khurda Road division claimed the third spot with 159.95 MT of freight and earning Rs 14,528.07 crore. The Chakradharpur division in Jamshedpur followed closely and secured the fourth position, loading

149.17 MT of freight and generating revenue of Rs 13,192.43 crore,” he added.

Officials said the division was leading in the first quarter of the ongoing fiscal after it loaded 32.32 MT of freight during this time and earned Rs 5.2 crore through ticket checking and inspecting unbooked luggage during the first two months of the current fiscal year

m.v. “MSC SOLA” Voy : GA423R I.G.M. NO. 2378750 DTD. 04-06-24 Exch rate 85.74

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from NINGBO, NANSHA, SHEKOU, TIANJINXINGANG.

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

MUNDRA PORT SEZ

360 MEDUQS024618

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The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from SHEKOU, TIANJINXINGANG

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

GANDHIDHAM

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from VANCOUVER, NINGBO. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

KANDLA-SEZ/GANDHIDHAM

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from OAKLAND.

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

RELIANCE-SEZ/JAMNAGAR

Item No. B/L No. 457 USOKC0000007796

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from VANCOUVER, DALIAN, NINGBO, SHANGHAI, SHEKOU, QINGDAO, TIANJINXINGANG, BUSAN, PORT LOUIS, MANZANILLO, RODMAN, LOS ANGELES, OAKLAND.

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

MUNDRA

FGTJ2404000036

51 WLC40503311

52 QDDR2405171 53 MEDUQR941202 54 MEDUQR907963

55 MEDUQR950617

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Record-breaking export of dehydrated onions from Gujarat

RAJKOT: Dehydrated onions from Gujarat are spicing up a variety of curries in foreign lands like never before.

S u c h i s t h e d e m a n d f r o m overseas, that the state has recorded a 67% increase export of dehydrated white onion in the financial year 2023-24, which is the highest in the last four years.

Gujarat exported 83,452 tons of dehydrated white onions in 2023-24, according to the data released by the Agricultural and Processed Food Products Export Development Authority (APEDA). In FY 2019-20, a total of 50,052 tons was sent overseas in 2019-20.

Mahuva town of Bhavnagar is the biggest centre for onion processing with 120 dehydration plants that convert the bulb into products like powder, flakes, granules and dried cut

onions These products are also derived from 10% red onions and these are extensively used in making spices and cooking in big restaurants.

The main importing countries include the US, Canada, Mexico, the UK, Germany, the Netherlands, France, Spain, and other European and West Asian countries.

“There are several factors that led to bumper exports. There was a crop loss in our major competitors like China and Egypt and export of fresh onion was banned by India, which led to the demand for fresh onion in some countries skyrocketing,” said Vitthal Koradiya, a leading exporter of processed onions in Mahuva.

Crops from Gujarat and some parts of Maharashtra are processed for export in Mahuva. According to exporters, the last quarter of the financial year 2023-24 saw an increase

in exports due to the government ban to control domestic prices before the general election. This demand surge kept export prices around $2,400 to $2,500 per ton, compared to $2,000 to $2,200 earlier

“New processing units are also coming up in Mahuva and new countries also placing orders looking at our quality and price,” explained Manoj Ram, President of the All India Vegetables Dehydration Association.

According to the exporters, the average export per month has increase to 8,000 tons per month from 6,000 ton last year due to surging demand.

Besides Amreli and Bhavnagar, onion production is significant in Rajkot, Junagadh and Gir-Somnath districts and the state’s annual yield is around 2.50 lakh tons.

Container price rise expected to burst in 2H 2024 : Container xChange

S I N G A P O R E : C o n t a i n e r xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in China in May, while prices in the US and Europe remained stable.

Despite the recent price inflation, Container xChange’s analysis s u g g e s t s a p o t e n t i a l m a r k e t correction, predicting the price bubble will burst in the second half of 2024 The report argues that the current price increase, driven primarily by capacity shortages and an unexpected demand increase, lacks support from robust underlying demand, while high-interest rates and labor market concerns are

expected to curb consumer spending, potentially leading to a decline in shipping volumes.

“Shippers are advancing shipment dates, causing a temporary demand surge for shipping capacity This has led to increased throughput volumes, despite weak underlying consumer demand and factory orders,” said Christian Roeloffs, Container xChange’sCo-founderandCEO.

He pointed out that consumer spending in the U.S. increased by a mere 2% in the first quarter of 2024, the lowest increase in three quarters. Also, retail inventories excluding autos in the U.S. rose by only 0.3% month-over-month in April 2024, implying cautious restocking by retailers.

“Given these factors, we expect that the elevated container prices we’ve seen in recent months may not be sustainable,” said Roeloffs. “As the initial rush to restock inventories subsides and the real demand from consumers and businesses remains flat, we anticipate a stabilization or even a decline in container prices in the mid-term. The market is showing signs of volatility driven by short-term factors, rather than a sustained increase in demand.”

The report also emphasizes that the majority of container logistics professionals surveyed in May, as part of the Container Price Sentiment Index (xCPSI), anticipate further container price increases in the upcoming weeks.

Cochin Shipyard to revolutionize ship building with new mega dry dock

COCHIN: Cochin Shipyard (CSL) has shared a new image highlighting the substantial progress made on its enormous new dry dock This cuttingedge facility is nearing completion and is set to revolutionize India’s shipbuilding andshiprepaircapabilities

A significant part of the project’s advancement involves the installation and commissioning of a massive 600tonne gantry crane. This powerful crane will be crucial for managing the large vessels that the dry dock is intended to accommodate.

CSL expects the new dry dock to be

fully operational by August 2024, following the completion of the gantry crane installation and commissioning. The core civil works for the dry dock, such as the dock floor, dock wall, caisson gate, pump house, and sub-stations, have already been successfully finished.

T h e P r i m e M i n i s

inauguration in January 2024 marked a significant milestone for the project. With its impressive dimensions of 310 metres in length, 75/60 metres in width, and 13 metres in depth, the new dry dock will be the largest in India. This stepped dry dock design offers

additional flexibility to accommodate a wider variety of vessels

The dry dock is designed to last, with a lifespan of 100 years, ensuring that C S L c

infrastructure for many generations.

T h

capabilities of the new dry dock make it suitable for servicing a diverse range of vessels, including Liquefied Natural Gas (LNG) vessels, aircraft carriers, jack-up rigs, drill ships, large tankers, and merchant vessels, with a draft ( d e p t h s u b m e r g e d ) o f u p t o 9.5 meters.

Great Eastern contracts to buy a 2013-built MR product tanker

MUMBAI: Great Eastern Shipping Company has contracted to buy a Medium Range product tanker of about 49,990 dwt on 06 June 2024. The 2013 built vessel is expected to join the Company’s fleet by Q2 FY25.

The Company’s current fleet stands at 43 vessels, comprising 29 tankers

(6 crude carriers, 19 product tankers, 4 LPG carriers) and 14 dry bulk carriers a g g r e g

Company’s current capacity utilization is close to 100%.

The proposed ship will be financed entirely from internal accruals The p u r p

modernizationandexpansionofthefleet Additionally, the company had contracted to sell one MR product tanker in May 2024, which is due for delivery in H1FY25.

Post delivery of both the vessels, the c o m p a n y w i l l h a v e 4 3 v e s s e l s aggregating 3.41 Mn dwt.

The above vessel has arrived on 06-06-2024 at MUNDRA PORT with Import cargo from VANCOUVER, DALIAN, NINGBO, SHANGHAI, SHEKOU, QINGDAO, TIANJINXINGANG, BUSAN, PORT LOUIS, MANZANILLO, RODMAN, LOS ANGELES, OAKLAND.

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

MUNDRA

73 MEDUHV790934

74 BSG24050149

75 BSG24050176 76 CTLTSZ1000400057

77 CTLTSZ1000400351

78 CTLTSZ100040446

79 CTLTSZ1000404491 8 MEDUEG245008

80 CTLTSZ1000404540 81 VGLSZE240507277 82 BSG24050154

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

MSC AGENCY (INDIA) PRIVATE LIMITED

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

NOTICE TO CONSIGNEES

The above vessel has arrived on 08-06-2024 at MUNDRA PORT with Import cargo from NEW YORK. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

KANDLA-SEZ/GANDHIDHAM

The above vessel is arriving on 08-06-2024 at MUNDRA PORT with Import cargo to MUNDRA from SHUWAIKH, SAVANNAH, DURBAN.

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

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

- Charges enquiry on land line - 619100

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

As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

Gandhidham : Siddhi Vinayak Complex, Plot No. 1, Office No. 201-208, 2nd Floor, Ward - 6, Near Rotary Circle, Gandhidham - Kutch 370 201 Gujarat India. Tel : +91-2836-619100 to 616100 (Board) E-mail : jatin.hadiya@msc.com, niraj.raval@msc.com, operator.gandhidham@msc.com H. O. & Regd. Office : MSC House, Andheri

DG Shipping successfully concluded workshop on "Strategic Engagement of India with IMO”

NEW DELHI: The Directorate General of Shipping, under the Ministry of Ports, Shipping, and Waterways, successfully concluded a full-day workshop on "Strategic Engagement of India with IMO" recently The event, held at the Indian Register of Shipping, Mumbai, garnered widespread participation from key stakeholders and experts in the maritime industry

The workshop aimed to delve into various aspects of the International Maritime O r g a n i z a t i o n ( I M O ) , including its structure, composition, functioning, instruments, meetings, c o n v e n t i o n s , a n d interventions Through insightful sessions and interactive discussions, participants explored avenues for strengthening India's strategic engagement with the IMO and fostering sustainable maritime practices.

The event commenced with an inauguration ceremony, followed by a series of sessions led by distinguished speakers and subject matter experts. Highlights of the workshop included discussions on IMO committees such as the S t a n d a r d o f T r a i n i n g Certification and Watch keeping (STCW), Marine Environment Protection Committee (MEPC), Maritime Safety Committee (MSC), and many others.

‘Today's workshop marks a pivotal step in our ongoing efforts to strengthen India's strategic engagement with the International Maritime Organization. By fostering dialogue, sharing insights, and forging partnerships, MoPSW is laying the groundwork for a more sustainable and resilient maritime future.’ said Shri TK Ramachandran, IAS, Secretary, MoPSW

science”, said Shri Shyam Jagannathan, IAS, Director General of Shipping.

The workshop also provided a platform for fruitful interactions between stakeholders, facilitating knowledge exchange and fostering collaborative initiatives for the advancement of India's maritime interests on the global stage.

IMO is the United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of marine and atmospheric pollution by ships. India is a member of IMO and also an elected Member of its Council. India has more than 7500 km Coastline, around 200 Ports including 12 major ports and more than 1500 ships. It is therefore, imperative on India to engage with the IMO with more focus The involvement of Industries stakeholders is important.

Overall, the workshop served as a significant milestone in India's efforts to enhance its engagement with the IMO and underscored the nation's commitment to fostering a safe, secure, and sustainable maritime environment.

R

One of the focal points of the workshop was the exploration of opportunities for technical cooperation and capacity building, emphasizing the importance of collaboration in addressing emerging challenges in the maritime sector

“DG Shipping shall strive to make the shadow committee multi-dimensional including all stakeholders as well as subject experts on economics and environmental

Shri TK Ramachandran, Secretary of the Ministry of Ports, Shipping, and Waterways (MoPSW), the Shipping Corporation of India hosted a pivotal workshop in Mumbai. The event focused on addressing critical challenges within the shipbuilding industry Key discussions revolved around the establishment of a Ship Owning and Leasing Entity (SOLE) and the creation of the Maritime Development Fund, both of which were aimed at bolstering the sector's growth and sustainability

Adani Ports wins O&M contract for 5 years at SMP Kolkata

AHMEDABAD: Adani Ports and Special Economic Zone Ltd. (APSEZ) announced that it has received the letter of intent (LOI) for the operation and maintenance (O&M) of the container facility at the Syama Prasad Mookerjee Port in Kolkata.

“We’re thrilled to receive the LOI for the operations and maintenance of a container terminal at the prestigious Syama Prasad Mookerjee Port, Kolkata Leveraging decades of experience managing ports in India & abroad, we will leave no stone unturned to boost efficiency. This O&M contract will also now enable us to serve our customers in West Bengal region“, said Karan Adani the MD of Adani Ports and SEZ Ltd in a post.

The Adani Group company has won a five year O&M contract through a competitive bidding process. With this, the successful bidder has to deploy cargo handling equipment within seven months from the letter of acceptance (LOA) date, the company said in a stock exchange filing.

The Kolkata port is the nominated port for the IndoBangladesh Protocol on Inland Water Transit and Trade route. Netaji Subhas Dock has regular liner service calls from the hub ports of Singapore, Port Kelang and Colombo.

“The presence of APSEZ at the dock is likely to improve connectivity between the terminal and its container ports, particularly with the transshipment hubs at Vizhinjam and Colombo that are targeted for commissioning during the year,” it said.

Netaji Subhas Dock is touted to be the largest container terminal on the eastern coast of India. It handled around 0.63 million TEUs in FY2023-24, serving a vast hinterland encompassing West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, the northeastern hill states and the landlocked neighbouring countries of Nepal and Bhutan.

“We will bring our experience of over two decades of efficiently managing various container terminals within India and outside, benefiting customers and the people of the state,” said Ashwani Gupta, Whole-Time Director and CEO at APSEZ.

Shri Shyam Jagannathan, IAS