


















MUMBAI: The Federation of Freight Forwarders’ AssociationsinIndia(FFFAI)ChairmanMrShankarShinde conveys his sincere thanks to all the Member Associations and more than 6500 members of FFFAI from across the country for their active contribution and support to the 60 years’ journey of theFederation.Healsoconveyshisgratitudetoothertradeassociations, chambers of commerce, logistics industry stakeholders, Customs Authority and different Ministries of the Government of India for their kind support to FFFAI during the last 60 years FFFAI completed 60 yearsofitsinceptiononDecember2,2022 Cont’d. Pg. 8-9
Cont’d. Pg. 6
NA VI M UM BA I: PSA Mumbai welcomes new Far East Service AIS (A SI A IN DI A SU BCONTINENT) jointly op er at ed b y EmiratesShippingLine, KMTC LINE, COSCO SH IP PI NG L in es & T.S. Lines with berthing of M.V. ESL Kabir / M.V. KMTC Mundra thus offering direct & faster transit time for cargoes to and fro Far East & India.
Cont’d. from Pg. 3 PSA’s Bharat Mumbai Container Terminals(BMCT) is located in Jawaharlal Nehru Port (JNP) in Maharashtra, India’s largest and premier container gateway. Theterminalisequippedwiththelatesttechnology to offer customers fast turnaround of their vessels and is also well-connected by major highways and rail networks to key markets in Maharashtra, Gujarat, and the National Capital Region of India. It serves the important industrial and manufacturing centres and cities in Northwest India, as well as India’s largest hinterland with a population in excess of 400 million.
BMCT’s Phase 1 development has a quay length of 1000 metres and the deepest berths at JNP, capable of handling super post-panamax vessels. When fully completed, the terminal will have a berth lengthof2,000metres.
ANTWERP: As part of the princely economic mission to Japan, the ports of Antwerp-Zeebrugge and Nagoya have signed a renewed cooperation agreement to further expand their traderelationsanddeepentheircollaboration.
This agreement is a perpetuation of a long, fruitful relationship between the ports that dates back to 1988 andhasalreadybeenrenewedin2013.
Port of Antwerp-Bruges is participating in the princelyeconomicmissiontoJapanthisweek.Japanisa leadingcountryintheautomotivesector,withtheportof Nagoya as a major car port hub, while Zeebrugge is consideredthegatewayforvehiclesinEurope.
In this context, a Sisterport/Partnership Agreement was signed on December 7 by Jacques Vandermeiren, CEO Port of Antwerp-Bruges, and Yuji Kamata, Executive Vice President of Port of Nagoya.
Annick De Ridder,ViceMayor of the City of Antwerp and President of Port of Antwerp-Bruges : Japan plays a leading role in the automotive sector and thePortofNagoyaisJapan's largest export port for cars. In turn, our Port of AntwerpBruges is the world's largest Ro-Ro port and the most important European import port for cars. An intensive cooperation between these two ports is therefore economically very interesting. Moreover, both ports sharethesamegreatambitionswhenitcomestoenergy transition.Sotheofficialratificationofthe'sisterport'isa powerful signal for both the unified port and the Port of Nagoyaandtheeconomiestheybothserve.
Her Royal Highness Princess Astrid, Princess of Belgium, was also present when the ports consolidated the sister port bond. Port of Antwerp-Bruges and Port of Nagoya are not only a match in business, but also share other important values, such as commitment to quality, loyalty,trustandlong-termrelationships.
FFFAI thanks the trade for being part of its 60 years’ journey, celebrates FoundationFFFAI OBs, EC Members and Secretariat staff during the Foundation Day celebration and 11th EC Meeting in Mumbai FFFAI Chairman Mr Shankar Shinde and Immediate Past Chairman Mr AV Vijayakumar lighting the inauguration lamp. Also present on the dais are Chairman Elect Mr Dushyant Mulani; Vice Chairmen Mr Amit Kamat, Mr S. Nataraja & MrSudeepDeyandHonySecretaryMrVinodSharma. Mr. L. Cecil Machado, President of Tuticoirn CBAssociation on behalfofTuticorinChamberofCommerce presentingplaqueto FFFAI Chairman Mr. Shankar Shinde for FFFAI's contribution to theExportImporttrade. Release of FFFAI's 24th Biennial Convention Souvenir
Cont’d. from Pg. 3
This year the Foundation Day celebration programme was organised in FFFAI Headquarters and JIO World Convention Centre in Mumbai. The Federation looks forward for organising the Diamond Jubilee celebration programmeearly2023withtradeparticipation.
Speaking on the occasion in presence of Office Bearers, Presidents of Member Association, and Executive committee Members attended the event from across the country Mr Shinde said that FFFAI is now well recognised by the Government of India & Trade Associations as a vital entity of the end-to-end logistics/supply chain industry. “Our collective wisdom, hard work and strong organisational strength of FFFAI supported by 28 Member Associations from across India have been the key forces behind the recognition through various initiatives, policy announcements, and of late the contribution made towards National Logistics Policy announced by the Government of India,” he said.
He also underscored the contribution of past leaders of FFFAI in strengthening the Federation. “I take this opportunity to convey our sincere gratitudeandhomagetoallthepastleadersofFFFAI, many of whom left us for their heavenly abode. Presently we are standing on a solid ground as our leaders have built strong pillars in institutionalising theFederationtoachievegreaterheights,”theFFFAI Chairmanadded.
He pointed out that taking cue from the predecessors the present leadership of FFFAI is constantly monitoring and analysing the entire ecosystem of the logistics industry in consultation with domain experts. “Accordingly, at present our focusistoupskillthedomainknowledgewitheffective utilisationofemergingtechnologies.Ourtrainingarm IIFF is leaving no stone unturned in this regard. In addition, FFFAI has strengthened its Women and YouthWingstowoowomenandnextgenerationyoung entrepreneurs to this highly potential and vibrant sector,”headded.
At the same time, FFFAI is in constant dialogue with the Government, other Trade Associations/Chambers of Commerce and logistics industry stakeholders for creating a collective force forthedevelopmentofLogisticssector.
FFFAI was entrusted with execution of INSTC Project by Ministry of Commerce & Industry, and TIR Convention project through Ministry of ExternalAffairswhichwasverysuccessful.
FFFAI launched its own training and education wing in the name of Indian Institute of FreightForwarders(IIFF)on7thJanuary,2005bythe hands of Mr. Issa Baluch – President of FIATA and Mr. P. K. Srivastava – then CMD of Shipping Corporation of India. IIFF is the only institute in
SAARC region to conducts Diploma course in FreightForwardingwhichisapprovedbyFIATA.
FFFAI has also strengthened its international networkingandinterventionindifferentinternational issues through IFCBA (International Federation of Customs Brokers Associations) and FIATA (International Federation of Freight Forwarders). FFFAI’s outreach holding important positions provided its members an opportunity to expand their horizon with support from these International associations.
“It is evident from facts and pertinent to highlight that the recognition to FFFAI comes from the businessintegrityandworkingtogetherwithCustoms department, Government of India as partners in facilitating Export Import trade. This creates a greater sense of responsibility to the Nation and Fraternity we belong to for an opportunity to serve throughFFFAIPlatform,”MrShindepointedout.
The FFFAI Chairman appreciated the support from CBIC Team for their continued proactive initiatives to keep the logistics wheel movement through faceless, contactless, paperless online initiativeswhichhelpedalot,thetransformationfrom manual to digital was commendable and in true spirit of facilitation measures for seamless clearances of ExportImporttrade.
MrShindehighlyappreciatedtherecentinitiatives of the Government of India Äviz CBLMS, ‘PM Gati Shakti’, ‘LEADS Report’, LPPT, ‘Faceless Assessment’,‘TurantCustoms’,‘SWIFT’,‘DPD’,AEO, etc aiming towards fast cargo clearance, Ease of Doing Business and improvement of Logistics Performance Index of the country as per world standard.
OntheoccasionoftheFoundationDaycelebration FFFAI was happy to welcome two more Members Associations: 1. Orissa Customs Brokers Association and 2. Customs Brokers Association, Amritsar. As a result, at present FFFAI’s pan India Member Associations has increased to 30. At this event FFFAI also unveiled 24th Biennial Convention Souvenir, FFFAI Bulletin, Standard Trading Conditions, No Dues Certificate, FFFAI LOGO Trademark and revampingofFFFAIwebsite.
The No Dues Certificate/ No objection certificates adaptation by FFFAI members would safeguard industry with due diligence and KYC to know more about the Customers history, Also, this would be initiatedacrosstheLogisticsindustryAssociationsto have transparency and considering safety of members.
FFFAI Chairman informed that the Diamond Jubilee event will be held during early 2023 withparticipationfromAlltradeAssociations.
TheFoundationDayeventwasfollowedby11ththe ExecutiveCommitteeMeetingofFFFAIheldon2nd& 3rdDecemberatFFFAIHeadquarters.
FFFAI thanks the trade for being part of its 60 years’ journey, celebrates Foundation Day on December 2
2Trans–AtlanticServices:
SINGAPORE : Ocean Alliance, comprising CMA CGM, COSCO, Evergreen and OOCL, has announced its service network for the next year, which is expected to launch on1January2023.
The four parties signed the Ocean Alliance Day 7 Product which includes 40 services and an annual capacity of22.4millionTEUsonmajortraderoutesworldwide.
The initial service network of Ocean Alliance for 2023 will beasfollows:
The following structure and the names of the services havebeengivenbyOOCL:
8PacificSouthwestServices(PSW):
• Pacific China Central 1 [PCC1]: Ningbo – Shanghai –Pusan–LongBeach–Pusan–Ningbo
• Pacific China North 1 [PCN1]: Tianjin – Qingdao –Shanghai (Waigaoqiao) – Shanghai (Yangshan) –LongBeach–PrinceRupert–Tianjin
• Pacific China North 3 [PCN3]: Qingdao – Shanghai –Ningbo–LosAngeles–Pusan–Qingdao
• Pacific China South 1 [PCS1]: Fuqing – Nansha –Yantian–Xiamen–LosAngeles–Fuqing
• Pacific China South 2 [PCS2]: Taipei – Xiamen – Hong Kong–Yantian–LosAngeles–Oakland–Taipei
• Pacific Vietnam China South [PVCS]: Cai Mep –Nansha – Hong Kong – Yantian – Kaohsiung – Long Beach–Kaohsiung–CaiMep
• South East Asia Pendulum – PSW [SEAP-PSW]: (SEAP-USEC) – Port Kelang – Singapore –Laem Chabang – Cai Mep – Yantian – Los Angeles –Oakland–Yantian–(SEAP-USEC)
• Vietnam China Service [VCS]: Cai Mep – Haiphong* –Xiamen–Ningbo–LongBeach–Oakland–CaiMep
4PacificNorthwestServices(PNW):
• Pacific North West 1 [PNW1]: Hong Kong – Yantian –Kaohsiung – Vancouver – Seattle –Kaohsiung –HongKong
• Pacific North West 2 [PNW2]: Xiamen – Ningbo –Shanghai–Pusan–Seattle–Vancouver–Xiamen
• Pacific North West 3 [PNW3]: Shanghai – Ningbo –Kaohsiung – Yantian – Tacoma – Vancouver – Tokyo –Osaka–Qingdao–Shanghai
• Pacific North West 4 [PNW4]: Hong Kong – Yantian –Ningbo – Shanghai – Prince Rupert – Vancouver –Shanghai*–HongKong
8 Asia – East Coast North America and U.S. Gulf Services:
• East Coast China 1 [ECC1]: Xiamen – Kaohsiung –Hong Kong – Yantian – Colon – Savannah – New York–Norfolk–Baltimore–Xiamen
• East Coast China 2 [ECC2]: Qingdao – Shanghai –Ningbo–Colon – Savannah – Charleston – Boston –NewYork–Colon–Qingdao
• East Coast China 3 [ECC3]: Yantian – Ningbo –Shanghai – Pusan – Norfolk – Savannah – Charleston –Miami–Yantian
• East Coast Express 1 [ECX1]: Cai Mep – Hong Kong –Yantian – Xiamen – Shanghai – Colon – New York –Savannah–Charleston–CaiMep*–HongKong
• East Coast Express 2 [ECX2]: Lianyungang* –Qingdao – Ningbo – Shanghai – Pusan – New York –Norfolk–Savannah–Lianyungang*–Qingdao
• South East Asia Pendulum – US East Coast [SEAPUSEC]: (SEAP-PSW) – Yantian – Cai Mep – Singapore –Port Kelang – Colombo – Halifax – New York – Norfolk –Savannah–Charleston–PortKelang–(SEAP-PSW)
• Gulf Coast China 1 [GCC1]: Singapore – Hong Kong –Shekou – Ningbo – Shanghai – Pusan – Houston – Mobile –NewOrleans –Singapore
• Gulf Coast China 2 [GCC2]: Shanghai – Ningbo –Xiamen – Yantian – Colon* – Houston – Mobile – Tampa* –Balboa*–Shanghai
• Atlantic East Coast Express 1 [ATE1]: Southampton –Antwerp – Rotterdam – Bremerhaven – Le Havre –NewYork–Norfolk–Savannah–Charleston–Southampton
• Atlantic Gulf Express [ATG1]: Le Havre – Antwerp –Rotterdam – Bremerhaven – Charleston –Miami –Veracruz – Altamira – Houston – New Orleans –LeHavre
7Asia–NorthEuropeServices:
• Loop 1 [Ll1]: Shanghai – Ningbo – Xiamen – Yantian –Singapore – Felixstowe – Zeebrugge – Gdansk –Wilhelmshaven–Singapore–Yantian–Shanghai
• Loop 2 [Ll2]: Tianjin – Dalian – Qingdao – Shanghai –Ningbo – Singapore – Piraeus – Rotterdam – Hamburg –Antwerp–Rotterdam–Shanghai–Tianjin
• Loop 3 [Ll3]: Xiamen – Nansha – Hong Kong – Yantian –Cai Mep – Singapore – Piraeus – Hamburg – Rotterdam –Zeebrugge – Valencia* – Piraeus – Singapore –HongKong*–Xiamen
• Loop 4 [Ll4]: Pusan – Ningbo – Shanghai – Yantian –Singapore–LeHavre–Dunkirk–Hamburg–Rotterdam –Dunkirk–Algeciras–Malta–PortKelang–Pusan
• Loop 5 [Ll5]: Qingdao – Ningbo – Shanghai – Yantian –Singapore – Tangier – Rotterdam – Southampton –Antwerp–LeHavre–Tangier–Jeddah–Qingdao
• Loop 6 [Ll6]: Qingdao – Shanghai – Ningbo – Taipei –Yantian – Singapore – Rotterdam – Felixstowe –Hamburg – Rotterdam – Colombo – Tanjung Pelepas –Kaohsiung–Qingdao
• Loop 7 [Ll7]: Tianjin – Ningbo – Shanghai – Yantian –Singapore–Antwerp–Hamburg–Rotterdam–Piraeus–TanjungPelepas–Tianjin
4Asia–MediterraneanServices:
• Asia-West Mediterranean 1 [WMÄ1]: Qingdao –Shanghai – Ningbo – Kaohsiung – Hong Kong – Yantian –Singapore – Piraeus – La Spezia – Genoa – Fos – Valencia –Piraeus–Singapore–HongKong*–Qingdao
• Asia-West Mediterranean 2 [WM2]: Qingdao – Pusan –Shanghai – Ningbo – Nansha – Shekou – Singapore –Malta – Valencia – Barcelona – Fos – Genoa – Malta –Beirut – Jeddah – Jebel Ali – Port Kelang – Xiamen –Qingdao
• Asia-East Mediterranean and Black Sea [Em1]: Shanghai–Ningbo –Xiamen–Shekou –Singapore–Port Said West – Beirut – Istanbul-Evyap (Izmit) – IstanbulAmbarli (Avcilar) – Constanza – Odessa – Piraeus –PortSaidWest–Jeddah–PortKelang–Shanghai
• Asia-Adriatic Sea [AAS]: Shanghai – Ningbo – Pusan –Shekou–Singapore–Alexandria–Koper–Trieste–Rijeka–PortSaidWest–Jeddah–PortKelang–Shekou–Shanghai
4FarEast–MiddleEastServices:
• Far East – Middle East 1 [ME1]: Qingdao – Ningbo –Shekou – Singapore – Jebel Ali – Hamad – Dammam –Sohar–Singapore–Qingdao
• Far East – Middle East 3 [ME3]: Lianyungang –Qingdao – Shanghai – Hong Kong – Shekou – Singapore –Jebel Ali – Hamad – Dammam – Jubail – Abu Dhabi –Singapore–Nansha–Lianyungang
• FarEast–MiddleEast4[MEÄ4]: Kaohsiung–Ningbo – Shanghai – Shekou – Port Kelang – Jebel Ali – Umm Qasr–JebelAli–PortKelang–HongKong–Kaohsiung
• Far East – Middle East 5 [ME5]: Qingdao – Shanghai –Ningbo – Nansha – Singapore – Jebel Ali – Abu Dhabi –Dammam–AbuDhabi–PortKelang–Qingdao
2FarEast–RedSeaServices:
• Far East – Red Sea 1 [RS1]: Tianjin – Qingdao – Ningbo – Nansha – Shekou– Singapore – Jeddah – Sokhna –Aqaba–Jeddah–PortKelang–Ningbo–Tianjin
• Far East – Red Sea 2 [RS2]: Shanghai – Ningbo – Taipei – Xiamen – Shekou – Singapore – Djibouti – Jeddah –Sokhna–Aqaba–Djibouti–Singapore–Shanghai (*OOCL’sprivatecalls)
Ocean Alliance’s DAY 7 products will be officially launched on 1 January 2023 in tandem with the implementationoftheIMO’snewenvironmentalrules.
CJ-I MV Stentor Interocean 15/12
CJ-II MV Bao Shun Ashirvad Shpg. 14/12
CJ-III MV Obe Heart Interocean 13/12
CJ-IV MV Elisar Ocean Harmony 16/12
CJ-V MV Kosman Arnav Shpg. 13/12
CJ-VI MV Bao Tong 1 Rishi Shpg 14/12
CJ-VII MV Tian He J M Baxi 14/12
CJ-VIII MV African Petral Synergy Seaport 13/12
CJ-IX VACANT
CJ-X MV Great Spring Interocean 13/12
CJ-XI MV Shebelle Samsara Shpg. 13/12
CJ-XII MV SSL Kutch Transworld 13/12
CJ-XIII MV Mont Blanc Hawk Interocean 15/12
CJ-XIV MV Mount Seymour Arnav Shpg. 15/12
CJ-XV MV Flag Gangos Seacoast 14/12
CJ-XVA MV Chakravati Chowgule Bros. 18/12
CJ-XVI MV Jabal Sahman Chowgule Bros. 13/12
Tuna Tekra Steamer's Name Agent's Name ETD
MV IBI Tauras 13/12
MV Appolo Bulker Samsara 14/12
MV Pacific Talent Benline 13/12
MV Curacao Pearl Benline 13/12
Oil Jetty Steamer's Name Agent's Name ETD
OJ-I LOG Kruibeke
OJ-II MT Mild Bloom J M Baxi 13/12
OJ-III MT Chemroad Sirius Jamesh Mack. 13/12
OJ-IV MT Celsius Birdie GAC Shpg. 13/12
OJ-V MT Stolt Glory
OJ-VI MT High Leader J M Baxi 13/12
Africa 34,000 T. Rice In Bags 2022111195 CJ-II MV Bao Shun Ashirvad Shpg. 22,500 T. Bags 2022111238
12/12 MV Berlinda Ocean Harmony 9.000 T. Rice CJ-XVA MV Chakravati Chowgule Bros. Cotonou 50,000 T. Rice Bags 2022111169 CJ-IV MV Elisar Ocean Harmony Durban 31,750 T. Sugar Bags 2022111243 CJ-XV MV Flag Gangos Seacoast 32,000 T. Bagged Rice 2022121026
Tuna MV IBI Tauras 14,000 T. SBM In Bulk
Stream MV IKI DBC Singapore 14,000 T. SBM In Bulk 2022111309
13/12 MV Incredible Bulk Tauras 40,200 T. RSM In Bulk
Stream MV Jaohar UK Interocean 26,500 T. Sugar In Bags
Stream MV Jupiter DBC Port Sudan 23,000 T. Sugar Bags 2022121036
CJ-V MV Kosman Arnav Shpg. West Africa 24,500 T. Rice In Bags 2022111274
Stream MV Lady Moon DBC Somalia 24,900 T. Sugar Bags 2022111377
CJ-XIII MV Mont Blanc Hawk Interocean Sudan 71,000 T. Sugar In Bulk 2022121042
13/12 MV Neerja Scorpio Shpg. 2,500 T. Bentonite
CJ-III MV Obe Heart Interocean 25,000 T. Sugar Bags 2022111247
Stream MV Obe Queen Ocean Harmony Sudan 40,100 T. Sugar In Bags 2022121014
Stream MV Pac Adhil Tristar Shpg 2,500/1,500 T.M.Chloride/Sulphate & 18 2022111285
Stream MV Pegasus 01 DBC Somalia 8,000 T. Sugar Bags 2022111256
Stream MV Propel Progress DBC Sudan 25,000 T. Sugar Bags 2022121003
CJ-I MV Stentor Interocean Sudan 27,450 T. Sugar In Bags 2022111187
12/12 MV Tan Binh 135 Jeel Kandla 22,000 T.Silica Sand & Bentonite
20,205
Logs 14/12 MV Carina BS Shpg. 34,000 T. HMS Tuna MV Curacao Pearl Benline U.S.A. 36,529 T. Petcoke In Bulk CJ-X MV Great Spring Interocean Sohar Oman 45,000 T. Urea In Bulk 2022121030
Stream MV Loyalty Hong Arnav Shpg. 24,469 T. Scrap In Bulk (HMS) 2022111397 CJ-XIV MV Mount Seymour Arnav Shpg. 13,200/22,000 T.HMS/S Scrap In Bulk 14/12 MV Olympus Tauras 49,474 T. Urea In Bulk
Tuna MV Pacific Talent Benline 52,110 T. Petcoke In Bulk 18/12 MV Serena Tauras 49,910 T. Urea In Bulk CJ-VII MV Tian He J M Baxi China 5,926/1,244/238 HRC/Plates/Wooden 2022111341
Due/Berth
Stream MT Aquarius Wilhelmsen Russia 17,655 T. CDSBO 2022111344
Stream LPG Bastogne Nationwide Ras Al Lafan 19,787 T. Propane/Butane 2022111389 18/12 MT Bow Cedar GAC Shpg. 5,000 T. Chem. OJ-IV MT Celsius Birdie GAC Shpg. Malaysia 5,000 T. Chem. 2022111313
Stream MT Chem Hero Interocean 15,500 T. CPO 2022111322
OJ-III MT Chemroad Sirius Jamesh Mack. 14,000 T. CPO 2022111370 20/12 MT Dalmacija Interocean 21,000 T. CDSBO 15/12 LPG/C IGLC Dicle Seaworld 18,850 T. Propane/Butane
Stream MT ES Valor Seaport Services 7,500 T. Chem. 2022121008
Stream MT Fairchem Katana Samudra 7,000 T. Chem. 13/12 MT Furano Galaxy GAC Shpg. 5,276 T. Chem. OJ-VI MT High Leader J M Baxi Sohar Oman 30,670 T. MS OJ-II MT Mild Bloom J M Baxi Indonesia 18,456 T. CPO 13/12 MT NCC Yanbu Interocean Brazil 21,000 T. CDSBO 26/12 MT Nord Victorius Interocean 30,500 T. CDSBO/CSFO 22/12 MT Pacific Citrine Interocean 19,000 T. CDSBO 13/12 LPG/C Pasco Odin Interocean 6,025 T. Ammonia Stream MT Swarna Mala J M Baxi
12/12 MV SCI Chennai J M Baxi Jebel Ali I/E 1,500 TEUs. 2022111246
12/12 MV SCI
MT NS Captain JM Baxi HMEL MV Paramount Admiral Shpg. STS VACANT LNG VACANT
Off/Dt.Time
TO LOAD FOR MED.,
SEA,
16/12 16/12-AM Maersk Sentosa 249W 22392 Maersk Line Maersk India Algeciras 16/12 23/12 23/12-AM Maersk Chicago 250W 22400 (MECL) 23/12 TO LOAD FOR FAR
CHINA,
18/12 18/12-AM Sofia I 250E 22394 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 18/12 25/12 25/12-AM Northern Diamond 251E 22404 Ningbo, Tanjung Pelepas. (FM3) 25/12 12/12 12/12-AM X-Press Bardsey 22020E 22398 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 12/12 19/12 19/12-AM Bangkok Bridge 139E 22406 ONE ONE (India) (TIP) 19/12 14/12 14/12-AM OOCL Hamburg 139E 22399 APL/OOCL DBC & Sons/OOCL(I) Port Kelang, Singapore, Hong Kong, Xingang, Dalian, Qingdao, 14/12 21/12 21/12-AM OOCL Luxembourg 099E 22401 Gold Star Star Shipping Busan (Ex. Pusan), San Pedro, Kwangyang, Chiwan. (CIXA) 21/12 22/12 22/12-AM Xin Shanghai 140E 22410 COSCO COSCO Shpg. Singapor Cai Mep,Hongkong,Shanghai,Ningbo,Schekou,Nansha (CI1) 22/12 25/12 25/12-AM Conti Contessa 112E 22407 ONE ONE (India) West Port Kelang, Singapore, Leam Chabang, Busan, Sanshan, 25/12 Ningbo, Sekou, Cai Mep. (PS3)
13/12 13/12-AM SCI Mumbai 553 22402 SCI J. M Baxi Jebel Ali. (SMILE) 13/12 16/12 16/12-AM Maersk Sentosa 249W 22392 Maersk Line Maersk India Salalah, Jebel Ali, Port Qasim. 16/12 23/12 23/12-AM Maersk Chicago 250W 22400 (MECL) 23/12
TBA SLS SLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1)
TBA X-Press Feeders Merchant Shpg. Jebel Ali, Sohar (NMG)
TBA SLS SLS Mangalore, Kandla, Cochin.(WCC)
12/12 12/12-AM X-Press Bardsey 22020E 22398 X-Press Feeders Merchant Shpg. Karachi, Muhammad Bin Qasim. 12/12 19/12 19/12-AM Bangkok Bridge 139E 22406 ONE ONE (India) (TIP) 19/12 14/12 14/12-AM OOCL Hamburg 139E 22399 OOCL/APL OOCL(I)/DBC Sons Colombo. (CIXA) 14/12 18/12 18/12-AM EM Astoria 250S 22395 Maersk Line Maersk India Colombo, Bin Qasim, Karachi (JADE) 18/12 18/12 18/12-AM Sofia I 250E 22394 SCI J. M Baxi Colombo. (FM3) 18/12 22/12 22/12-AM Xin Shanghai 140E 22410 COSCO COSCO Shpg. Karachi, Colombo (CI1) 22/12
12/12 12/12-AM X-Press Bardsey 22020E 22398 X-Press Feeders Merchant Shpg Seattle, Vancouver, Long Beach, Los Angeles, New York, 12/12 19/12 19/12-AM Bangkok Bridge 139E 22406 ONE ONE (India) Norforlk, Charleston, Halifax. (TIP) 19/12 16/12 16/12-AM Maersk Sentosa 249W 22392 Maersk Line Maersk Line India Newark, North Charleston, Savannah, Huston, Norfolk. 16/12 23/12 23/12-AM Maersk Chicago 250W 22400 Safmarine Maersk Line India (MECL) 23/12 25/12 25/12-AM Conti Contessa 112E 22407 ONE ONE (India) Los Angeles, Oakland. (PS3) 25/12
NEW DELHI: The Government is planning to set up a “National Cooperative Export Society” to help boost India’s exports, with a proposal on it having been circulated by the Ministry of Cooperation among Central Ministries and Departments for Consultation, said two people with knowledgeofthedevelopment.
This Society will be geared toward promoting exports and is proposed to be set up under the Multi State Cooperative Societies Act 2002. This comes in the backdrop of India’s exports contracting 16.65% to $29.78 billion in October 2022 fromayearago.
India is home to about 800,000 industrial units that are run by producers in rural sectors, catering mostly to the domestic sector. In spite of the export potential, much of the industry is unorganized. The newly formed ministry of cooperation says thereisnocomprehensivedatabaseoncooperativesavailable with it but the process of creating a national database on cooperativeshasstarted.
In June Union Minister for cooperation Shri Amit Shah informed the Lok Sabha that the Government is working on a national policy for cooperatives, based on consultations on reformingthesector.
In a push to cooperatives, the Government had also approved expanding the mandate of the Government e Marketplace-Special Purpose Vehicle (GeM-SPV) to allow
procurement by cooperatives. Prior to this, the platform was open for procurement by Government buyers, Central and StateMinistries,Departmentsandpublicsectorenterprises.
The Government recently introduced the Multi-State Cooperative Societies (Amendment) Bill, 2022 to strengthen governance, transparency and accountability in cooperative societies and reform their electoral process. It also seeks to improvemonitoringandeaseofdoingbusinessfortheseentities.
Indian exporters welcomed the move. “There are thousands of cooperatives in the country and if we are able to bring them under a single umbrella body, it will definitely help in attracting their focus towards exports. Most of the cooperative bodies are looking at the domestic market. Beyond a point the domestic market gets saturated. So as a long-term strategy we should be open to the global market. This will help in the internationalisation of Indian cooperatives,” said Federation of Indian Export OrganizationsDirectorGeneralMr.AjaySahai.
A recent CareEdge report said that cotton yarn exports declined by 59% in H1FY23 to 289,000 tonnes and are expected to record a de-growth of 28-30% in FY23 due to high cotton prices and weakening export demand. India produces around 3.5 million tonnes of cotton yarn per annum, 60-65% of which is consumed domestically, and the rest exported.
NEW DELHI: Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal recently informed the Parliament that Water transport being economical as well as eco-friendly mode of transport. The Ministry of Ports, Shipping and Waterways under Sagamala programme has undertaken Ro-Ro/Ro-Pax projects across several routes. Further, in order to encourage a modal shift, Coastal vessels are being provided a discount of 40% in port charges over foreign going vessels. Other measures such as reduction of GST on bunker fuel from 18 percent to 5 percent, Cabotage relaxation for cargo vessels, integration of inland and coastal cargo, Subsidy support to Indian shipping companies, Green channel clearance for coastal cargoes and priority berthing for coastal vessels at major ports are some of the efforts to promotecoastalshippingandcoastalmarinetransport.
Under Sagarmala Programme, GoI is providing assistance for construction or upgradation of exclusive coastal berths, platforms or jetties, mechanization of coastal
berth, and capital dredging. State wise details of completed and proposed infrastructure projects for Ro-Ro & Ro-Pax ferry along with funds sanctioned and released under SagarmalaProgrammeisannexed(Annexure).
NEW DELHI : Under the Gati Shakti Cargo Terminal (GCT) Policy, it has been targeted to develop 100 GCTsinthreeyearsi.e.2022-23,202324 & 2024-25. 22 GCTs have already been commissioned. 125 applications for development of Cargo Terminals under the GCT Policy have been received and
79 In-Principle Approvals have been granted.
For GCTs to be developed on nonRailway land, the GCT Operators will identify the location and will constructtheterminalafterobtaining necessary approval. For GCTs to be developed either fully or partially on Railway land, the land parcels will be
identified by Railways, and the GCT Operator for construction and operationofTerminalwillbeselected throughopentenderingprocess.
This information was given by the Minister of Railways, Communications and Electronic & InformationTechnology,ShriAshwini VaishnawinRajyaSabha.
NEW DELHI: Ministry of Railways has taken up construction of two Dedicated Freight Corridors (DFC) viz. Eastern Dedicated Freight Corridor (EDFC) from Ludhiana to Sonnagar (1337 Km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1506 Kms.). So far, 1610 km outoftotalsanctionedlengthof2843 kmofDFChasbeencompleted.
The construction of Dedicated Freight Corridors will offer higher transport output and carrying capacityduetofastertransitoffreight trains, running of double stack containertrainsandheavyhaultrains due to which the unit cost of freight transport will get reduced substantiallyandtherewillbesavings intheLogisticscosts.Thiswouldalso improve the supply chain for the industries/logistics players located in DFC’s catchment areas leading to
growth of export-import traffic as well.
The above advantages of DFCs will promote Industrial activities in the region by leveraging the Industrial corridors/townships being implemented along the DFC route. Development of New Freight terminals, Multimodal Logistics parks and Inland Container Depots alongbothEasternandWesternDFC are in different stages of implementation.
NEW DELHI: The Central Government recently said that it has taken several steps to reduce import reliance so as to curb the trade deficit.
“These include creating / enhancing of domestic capacity, incentivizing domestic manufacturing through Production Linked Incentive (PLI) schemes, phased manufacturing plans, timely useoftraderemedyoptions,adoption of mandatory technical standards, enforcement of FTA Rules of Origin (RoO) and development of import monitoring system, Minister of State for Commerce and Industry,” Minister of state for Commerce and Industry Anupriya Patel said in a writtenreplytotheRajyaSabha.
The government has taken steps toboostexportssoastonarrowdown thetradedeficit.Itincludesextension of existing Foreign Trade Policy
(FTP) by six months till March 31, 2023.
The government has also approved the extension of Interest EqualizationSchemeforPreandPost Shipment Rupee Export Credit up to March 31, 2024 or till further review, whichever is earlier. The extension takes effect from October 1, 2021 and endsonMarch31,2024.
Other include rebate of state and central levies and taxes (RoSCTL) scheme to promote labour-oriented textile export has been implemented since March 7, 2019, remission of duties and taxes on exported products (RoDTEP) scheme has been implemented since January 1, 2021, the launch of Common Digital Platform for certificate of origin to facilitate trade and increase Free TradeAgreement(FTA)utilisationby exporters.
The ministry also said 12
champion services sectors have been identified for promoting and diversifying services exports by pursuingspecificactionplans.
Districts as export hubs has been launchedbyidentifyingproductswith export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters or manufacturers to generate employment in the district, accordingtoaministrystatement.
Italsomentionedtheactiveroleof Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has beenenhanced.
It added that package announced in light of the COVID pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major shareinexports.
NEW DELHI: The trade deficit, difference between import and exports, between India and China has touched USD 51.5 billion during AprilOctober this fiscal, Parliament was informed recently. The deficit during 2021-22hadjumpedtoUSD73.31billion as compared to 44.03 billion in 2020-21, according to the data provided by Commerce and Industry Minister PiyushGoyalinRajyaSabha.
According to the data, imports duringApril-Octoberthisfiscalstoodat USD 60.27 billion, while exports aggregated at USD 8.77 billion. He said that the merchandise exports from
India to China have increased from USD11.93billionin2014-15toUSD21.26 billionin2021-22,showinganincreaseof 78.2percentoverthelastsixyears.
Imports from China, on the other hand, have increased from USD 60.41 billionin2014-15toUSD94.57billionin 2021-22. “The trade deficit with China in 2004-05 was USD 1.48 billion, which increased to USD 36.21 billion in 2013-14, an increase of 2,346 per cent. Against this massive increase, the trade deficit with China has since increasedbyonly100percenttoUSD 73.31billionin2021-22,”Goyalsaid.
He informed that most of the
goods imported from China are capitalgoods,intermediategoodsand raw materials and are used for meeting the demand of fast expanding sectors like electronics, telecomandpowerinIndia.
“The rise in import of electronic components,computerhardwareand peripherals, telephone components, etc.canbeattributedtotransforming of India into a digitally empowered society and a knowledge economy. India’s dependence on imports in these categories is largely due to the gap between domestic supply and demand,”headded.
NEW DELHI: Under the District as Export Hub (DEH) initiative, products including agricultural products with export potential have been identified in all 733 districts across the country, Smt. Anupriya Patel, Minister of State for Commerce and Industry said in reply to a parliamentary question.
Inordertoboostfarmexports,the Government introduced a comprehensive Agriculture Export Policy in 2018, with the following objectives:
I. To diversify our export basket, destinations and boost highvalue and value-added agricultural exports including focus on perishables.
II. To promote novel, indigenous, organic, ethnic, traditional and non-traditional agri productsexports.
III. To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phytosanitary issues.
IV. To strive to double India’s share in world agri exports by integrating with global value chain at theearliest.
V. To enable farmers to get benefit of export opportunities in overseasmarket.
Promotion of exports of agriculture products is a ongoing exercise. The Government has taken several steps at State/ District levels to promote exports. State specific Action Plans have been prepared and State Level Monitoring Committees (SLMCs), Nodal Agencies for agricultural exports and Cluster Level Committees have been formed inanumberofStates.
Country and product-specific
action plans have also been formulated to promote exports. The Government is also in the process to utilize the proposed District as Export Hub Initiative to achieve the objectives of Agriculture Export Policy. Under the DEH initiative, products including agricultural products with export potential have been identified in all 733 districts across the country.
State Export Strategy has been preparedin28States/UTs.
The Agricultural & Processed Food Products Export Development Authority (APEDA), an autonomous organisation under the administrativecontrolofDepartment of Commerce, has the mandate to promote exports of agricultural and processedfoodproducts.APEDAhas been providing assistance to the exporters under various components ofitsExportPromotionScheme.
NEW DELHI : IBA (Indian Banks’ Association) and apex exporters body FIEO will organise sensitisation programmes in different parts of the country to educate stakeholders on modalities of rupee trade, an official said. It was decided on December 5, when the finance ministry held a review meeting with commerce ministry officials, CEOs of banks, and exporters to promote cross-border tradeintherupee.
An RBI representative gave clarifications of issues raised by export promotioncouncilsandconcernedbanks onthematter“anditwasdecidedthatthe Indian Banks Association and FIEO (Federation of Indian Export Organisations) will jointly organise a sensitisation on rupee trading arrangement so that bankers, as well as exporters, get clarity on how to do this,” theofficialsaid.
FIEO Director General Ajay Sahai said that the rupee settlement mechanism will help exports insulating exporters from the exchange risks and encouraging the
partners to import more from us to liquidate or reduce the rupee balance lyingintheiraccount.
“This will give a fillip to bilateral trade as well and when expanded to a large number of countries, will help in internationalisation of the Indian Rupee,”Sahaisaid.
Following the Russia-Ukraine war andthesanctionsimposedbytheWest, Indiahasbeentryingtopromoterupee trade with several countries. Following detailed guidelines from the Reserve Bank of India (RBI) on cross-border trade transactions in domestic currency in July, about nine special vostroaccountshavebeenopenedwith two Indian banks to facilitate overseas tradeintherupee.
Sberbank and VTB Bank — the largest and second-largest banks of Russia, respectively — are the first foreign lenders to receive the approval aftertheRBIannouncedtheguidelines.
The RBI, as per the guidelines, decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in
INR. Another Russian bank Gazprombank, which does not have its bank in India, has also opened this account with Kolkata-based UCO Bank. The move to open the special vostro accountclearsthedeckforsettlementof payments in rupee for trade between IndiaandRussia,enablingcross-border trade in the Indian currency, which the RBIiskeentopromote.
The RBI has allowed the special vostro accounts to invest the surplus balance in Indian government securities to help popularise the new arrangement. UCO Bank already has a vostro account-based facility in Iran. Gazprombank, or GPB, is a privatelyowned Russian lender and the thirdlargestbankinthatcountrybyassets.
“Indian importers undertaking imports through this mechanism shall make payment in INR, which shall be creditedintothespecialvostroaccount of the correspondent bank of the partner country, against the invoices forthesupplyofgoodsorservicesfrom the overseas seller/supplier,” the RBI hadsaid.
MUMBAI :
Gateway Distriparks Limited announces the completion of upgradation work of rail-sidecapacityatits flagship Inland Container Depot (ICD) located at the Garhi-Harsaru railway station in Gurgaon with commissioning of the 6th railway line attheterminal.
ICD Gurgaon is the largest hub of the company where Gateway Distriparks consolidates containers from its other locations in the North region, and is able to increase double stacking of containers for the longest distance while also using the operational segments of the Western DedicatedFreightCorridortoreduce transittime.
Prem Kishan Dass Gupta,
Chairman & Managing Director, commented, “We already have the fastest transit time in the NCR market to the Mundra, Pipavav and NhavaShevaPortsandnowbyadding Line No. 6, the operational efficiencies and the turn-around time of our trains will further improve, which will help export & import customers with faster deliveries of theircargo.”