GUJ-14-08-2023

PHILADELPHIA:

PSA BDP, a leading provider of globally integrated and port-centric supply chain, transportation, and logistics solutions, has signed a Memorandum of Understanding (MOU) with Dow Chemical International Pvt Ltd (Dow India) announcing a first-of-its-kind sustainable transport solution in India. PSA BDP will deploy electric trucks for Import and Export container trucking via PSA International’s (PSA) Mumbai, Ameya and additional terminals to Dow India’s facilities beginning in 2024.

Surpassing Limits: A Remarkable Leap in Productivity at APM Terminals Pipavav

PSA BDP and Dow India collaborate to create a Zero Emissions Green

Transport Corridor in Nhava Sheva with Electric Trucks in 2024

Cont’d. from Pg. 4

The trucks will

b e p o w e r e d b y PSA Mumbai’s 6.25MW Open Access Solar Plant, which is expected to be commissioned later in 2023.

This new zero-emission transportation solution is unique to the Indian market and will create an integrated and eco-friendly combination of services from PSA BDP , that delivers greater optionality and connectivity for Dow India and other PSA BDP customers who are seeking more sustainable solutions With the shipping and transportation industry focused on reducing greenhouse gas emissions, corporations worldwide are engaging in more sustainable actions and initiatives to reduce their carbon footprint along the supply chain.

Gearing up for the launch of this new transport solution, PSA BDP has invested in a fleet of electric trucks from a leading EV truck producer in the region to be used for this initiative and other customer collaborations The trucks can carry a fully loaded container up to 200 kilometers, resulting in annual carbon emissions reduction of over 300 tonnes compared to their diesel counterparts. The investment further demonstrates PSA BDP’s aim to be an industry leader committed to delivering innovative and sustainable port and cargo solutions.

On this occasion, Mr. Siddhartha Ghosal, Research & Development and Technical Ser vices & Development Director, Dow India commented, “In our continuous pursuit of a sustainable future, we are proud to join forces with like-minded partners. We are delighted to extend our full support to ensure the achievement and success of this endeavor. Such actions will serve as an impetus towards accomplishing our greater vision for a sustainable tomorrow.”

Ms. Manika Bhargava, Country Logistics Leader, Dow India, said, "The path to net-zero

emissions is a journey possible through several actions and contributions from every stakeholder of the ecosystem. By supporting such strategic initiatives, we intend to contribute towards creating a space where our logistics service providers can make a difference towards the larger goal and set a path for others to follow.”

Mr. Pavithran Mkallada, Managing DirectorIndia, PSA BDP noted, “We are extremely grateful to Dow India for their support in this pioneering solution to achieve emissions reduction targets. By leveraging the collective strengths and assets of the PSA Group, we have created a unique zero-emission solution that complements our current eco-friendly rail and intermodal solutions in India for sustainable connectivity We look forward to working closely with Dow and other valued customers to optimize this offering while simultaneously developing additional opportunities to enhance logistics flows.”

Mr Sanjay Sethi, IAS, Chairman of Jawaharlal Nehru Port Authority (“JNPA”) said, “JNPA is pleased to see this renewable power initiative by PSA BDP and PSA Mumbai that provides enhanced sustainable transport solutions for our port users. We are energized to see major shippers lending their early support of this critical project, the first of its kind for ports here in India. JNPA is committed to partnering with forward-thinking organizations like PSA BDP and PSA, as we seek to foster leadership in sustainability and create value for trade. We also aim to contribute to the principles of Blue Economy and Maritime India Vision 2030, and of course, through our Green Port initiative. JNPA teams will be working closely with PSA Mumbai and other interested stakeholders through measures such as green lane priority access to the terminals for electric vehicles to encourage the expanded growth of sustainable products.”

Allcargo Logistics reports a consolidated PAT of Rs. 119 crores for Q1FY24

MUMBAI: Allcargo Logistics Ltd has announced its financial results for the quarter ended June 30, 2023.

Key highlights:

• Combined EBITDA for Q1FY24 stood at Rs 161 crores which represents the sum of three businesses segments namely International Supply Chain, Express, and Contract logistics. It differs from consolidated EBITDA mainly due to Contract Logistics business as the transaction was concluded on 18 May 2023.

• Consolidated revenue for Q1FY24 stood at Rs. 3,271 crore as compared to Rs. 5,474 crores for Q1FY23. Reported PAT for the quarter was Rs. 119 crore.

• Weak macroeconomic outlook reflected in subdued global trade activity for the industry China’s overall exports for the month of July declined 14 5% YoY while the imports are down 12 4% YoY Similarly, India’s total merchandise trade is down 14% YoY in Q1FY24.

• Our strategy is to focus on market share and volume growth amidst higher competitive intensity Most leading international forwarders have reported 6% to 9% YoY drop in volumes in Q1FY24 LCL consolidators directly competing with us are estimated to have seen a decline of ~15%. Our LCL volumes are up 6% QoQ and over H1CY23 we have outperformed the industry thereby

gaining market share. LCL volume for July is expected to show positive sequential momentum demonstrating our market share gain.

• International Supply Chain (ISC) business EBITDA margin of 4% in Q1FY24 compares with 6.5% in FY23 and 4.7% in FY19, reflecting normalization of trade. The company intends to revive profitability in the ISC business by increasing volumes to offset Gross profit impact once trade environment normalizes and cost rationalization, driven by automation and process improvement, to keep SG&A in check.

• Balance sheet remains healthy with current net debt of Rs. 12 Cr after accounting for Rs. 406 Cr paid towards acquisition of 30% stake in GESCPL (earlier Gati KWE). Post acquisition, GKEPL name was changed to Gati Express and Supply Chain Pvt. Ltd. (GESCPL), housing the express logistics business. Our demerged entities, namely Allcargo Terminals and TransIndia Real Estate, have started trading on the exchanges from 10th August 2023.

• The express business is now at par with the best the in industry on key service parameters. Express volumes are showing a strong momentum and the business will be launching its Bengaluru hub in August. Contract Logistics business will fully reflect in financials from next quarter onward.

CULINES enhances its VGX service providing Direct coverage from Nhava Sheva to Middle East Vessels

also Upsized

BEIJING: In response to m a r k e t d e m a n d a n d t o f u r t h e r s t r e n g t h e n o u r service network, CULines, in collaboration with ESL, KMTC, and RCL, will upgrade the VGX service.

The revamped VGX service will commence on 5th September 2023 from Ho Chi Minh. It will be helmed with 6 vessels of sizing ranging from 4,500 to 5,500 TEU on a 42-day round voyage. The new VGX service rotation will enhance the service coverage and provide a fast transit between Southeast Asia and India/Middle East.

T h e m a i n features of the new VGX service are:

1 Vietnam/Thai l a n d / M a l a y s i a d i r e c t s e r v i c e t o I n d i a a n d Middle East

•The only direct s e r v i c e i n t h e market connecting Ho Chi Minh and the Middle East.

•The only direct s e r v i c e i n t h e market connecting Laem Chabang and Sohar, Oman.

CEVA Logistics Listed a 2023 Top 30 Logistics Service Provider in the U.K.

CEVA is recognized by the Chartered Instute of Logiscs and Transport for its posive performanceinU.K.logiscsmarket.

MARSEILLE: CEVA Logistics recently gained r e c o g n i t i o n f o r i t s exemplary performance in the U K , ranking among the top 30 U.K. logistics service providers by the Chartered Institute of Logistics and Transport (CILT). The 2023 ranking represents the sixth year of the CILT UK list, which evaluates both major global logistics players and local, family-owned businesses in the U.K.

CEVA came in at number 19 on the annual list following a thorough analysis across eleven categories relating to CEVA’s U K financials, performance, professional accreditation, gender pay gap, modern slavery statements and human resource factors.

CEVA Logistics is part of the CMA CGM Group’s mission to contribute to sustainable globalization w h i l e r e s p e c t i n g h u m a n i t y a n d t h e p l a n e t . The Group’s Corporate Social Responsibility approach is based on three pillars: Acting for People, Acting for the Planet and Acting for Responsible Trade With a truly global footprint, CEVA’s 110,000 employees showcase the collaborative power of a workforce philosophy based on a culture of teamwork and respect.

2.Fast connection between West coast of India and the Middle East

•Additional Westbound Nhava Sheva call, enabling a direct service from West coast India to the Middle East.

3.Direct Reefer service from Vietnam, Thailand, Malaysia to West coast India and Middle East in both directions

•Reefer service for cargo such as ginger, coconuts, and other perishable goods.

4.Transshipment service

•From Ho Chi Minh/Laem Chabang/Port Klang to Hamad via Jebel Ali.

•From Japan/Korea/Taiwan to West coast India and Middle East via Port Klang.

The new VGX service rotation is Ho Chi Minh –Laem Chabang – Port Klang (Westport) –Nhava Sheva – Jebel Ali – Dammam – Sohar –Nhava Sheva – Port Klang (Westport) – Ho Chi Minh.

SHIPPING MOVEMENTS AT DEENDAYAL PORT

VESSELS IN PORT & DUE FOR

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

LIQUID CARGO VESSELS

SHIPS NOT READY FOR BERTH

Customs

KANDLA INTERNATIONAL CONTAINER TERMINAL (KICT)

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

SAILED WITH EXPORT CARGO

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT LOADING

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI CMA MUNDRA

TO LOAD FOR U. K. NORTH CONTINENT, MEDITERRANEAN, BLACK SEA, RED SEA, EAST EUROPE & CIS PORT

ADANI MUNDRA AUTOMOBILE TERMINAL

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

TO LOAD FOR FAR EAST, JAPAN, CHINESE PORTS & AUSTRALIAN PORTS

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

TO LOAD FOR EAST, SOUTH & WEST AFRICAN PORTS

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

OTHER PORTS OF GUJARAT

JAMNAGAR

(BEDI)

PORT

(As on 14-08-2023)

TT Selling Rates BillSelling TT Buying Rates BillBuying

for

for for

for

HH We are not responsible for any mistake. ALL RATES ARE PROVISIONAL. The rates in this column are only meant for guidance.

OTHER PORTS OF GUJARAT

m.v. “TIGER OCEAN” V-23009 IGM NO: 2351629

DATE: 10-08-2023

The above vessel has arrived at Mundra on 12/08/2023 as per following details.

Item Nos. B/L NOS. Item Nos. B/L NOS.

1 EPIREGSPMS000794

Consignees are requested to obtain the DELIVERY ORDERS on presentation of ORIGINAL BILLS OF LADING duly discharged and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS / lCD's movement due to port congestion or any other cause beyond the control of the Shipping Line / Agents are not responsible for the same. Also note that the Shipping Line / or their Agents will not be held responsible for auction by Port / Customs / Custodian of uncleared cargo on expiry of stipulated period as laid down in the byelaws. Consignees are advised that the carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods.

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

Emirates Shipping Agencies (India) Pvt. Ltd

Rajkamal-II, Office No. 103, 1st Floor, Plot No. 342, Ward - 12/B, Gandhidham - 370201. India. In case of any query kindly contact the below E-mail IDS & Phone Numbers :

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

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

EXPORT related : hardik.jadeja@in.emiratesline.com Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

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

ZIM INTEGRATED SHIPPING SERVICES

m.v “VARADA” V-0067

The above vessel is arriving at MUNDRA PORT on 16-08-2023 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 :

ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201

Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433

Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com

Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543

NOTICE TO CONSIGNEES

The above vessel has arrived on 12-08-2023 at MUNDRA PORT with Import cargo from NEW YORK, NORFOLK. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

The above vessel has arrived on 12-08-2023 at MUNDRA PORT with Import cargo from HALIFAX, SOKHNA PORT, SALALAH, SAMSUN, BALTIMORE, NEW YORK, NORFOLK, SAVANNAH. Please note the item Nos. against the B/L Nos. for MUNDRA delivery.

Item No. B/L No.

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

Paradip Port Authority becomes fastest Major Port to handle 50 MMT Cargo in current fiscal

PARADIP: Paradip Port achieved a major milestone by clocking r e c o r d c a r g o throughput of 50 16 MMT Cargo on 8th August, 2023, by exhibiting 6 5% growth over the corresponding period of previous fiscal. This feat has been achieved by the Port in 129 days in the current fiscal compared to 140 days during the previous year PPA has also handled record 942 nos of Vessels in comparison to 812 nos handled in the corresponding period of previous fiscal.

F o r t h e a b o v e f e a t , Shri P.L. Haranadh, Chairman,

Shri Sarbananda Sonowal, Union Minister of Port Shipping and Waterways (MoPSW) under whose dynamic leadership and guidance, PPA could turn a new chapter He said, “

To g e t h e r, w i t h t h e unwavering support of our dedicated workforce and the collective will of our nation, we shall continue to script remarkable success stories for Paradip Port a story that exemplifies growth, sustainability, and a brighter tomorrow for generations to come.”

Shri Haranadh also congratulated all Officers/Employees, the user Industries, Stevedores, Steamer A g e n t s , Tr a d e U n i o n s , P P P Operators to have their continued faith in the ability of the Port to serve them.

Record high Ship deliveries boost Container

Fleet Capacity by 4.3% : BIMCO

OSLO: The contracting of new ships has slowed since its record in 2021 but has year-to-date remained twice as high as during the 2010s. The 1.3 million TEU contracted so far this year has therefore kept the order book high, only 3,000 TEU short of the record 7 6 million TEU reached in March 2023.

The order book is in fact so large that ship deliveries are expected to exceed the previous full-year record of 1.7 million TEU three years in a row Based on current estimated delivery dates, a total of 2.4, 2.9, and 1.9 million TEU are expected to be delivered in 2023, 2024 and 2025 respectively

Recycling of ships is also expected to increase in the coming years. More energy efficient ships will replace less efficient ones as owners aim to reduce greenhouse gas emissions.

Despite recycling of older ships, the fleet is still expected to grow by approximately 4 5 million TEU between early 2023 and early 2025, increasing the fleetcapacitybynearly18%

The increase in fleet capacity comes at a time when current trade growth in many key regions is declining and global economy growth prospects for the coming years are weakening.

According to Container Trades Statistics, total global container volumes during the first half of 2023 fell 4.3% yearon-year and ended only 0.2% higher than during the first half of 2019. The all-important head-haul and regional trade lanes fell a combined 4.9% year-on-year but remained 3.1% higher than during the first half of 2019.

Fortunately, the head-haul and regional trade lanes improved in the second quarter as volumes fell 2.0% year-on-year and were 5.3% higher than in 2019.

Highlighting the current time charter and freight rate market weakness, head-haul and regional

trade volumes have grown 5 3% compared to Q2 2019 while fleet capacity has grown 17% Future supply growth may be tempered by reduced sailing speeds but further fleet capacity growth of about 15% in the coming year and a half underlines how supply side growth will remain a challenge for ship owners and operators.

Govt to come up with 60 quality control orders this year to stop imports of sub-standard goods

NEW DELHI: The Government will come up with 60 quality control orders (QCOs) this year for products such as consumer goods, rubber, paper and light engineering items with an aim to contain imports of substandard goods and boost domestic manufacturing, a senior government official said recently Secretary in Department for Promotion of I n d u s t r y a n d I n t e r n a l Tr a d e (DPIIT) Rajesh Kumar Singh said t

"fairly extensively" and so far 33 QCOs for over 127 products such as ACs, refrigerators, pipes, and safety valves have been issued

"Right now, we are processing 60 new QCOs in association with BIS. These are crucial not only for the safety of consumers but also to improve quality standards," he told reporters here.

Speaking at the media briefing, Joint Secretary in DPIIT Sanjiv said these orders are issued for goods like

smart meters, nuts, bolts and fasteners.

Violation of the law can attract a p e n a l t y o f u p t o t w o y e a r s o f imprisonment or with fine of at least Rs 2 lakh for the first offence which increases to Rs 5 lakh minimum for the second and subsequent offences.

These orders are issued by the department in consonance with the WTO (World Trade Organization) Agreement on Technical Barriers to Trade (TBT) for industries falling under its domain.

ZIM INTEGRATED SHIPPING SERVICES

m.v. “X-PRESS ANGLESEY” V-23005E

The above vessel is arriving at MUNDRA PORT on 17-08-2023 with Import Cargo in containers.

—5

ZIMUGUA0095266 —5

ZIMUGUA0095306 —6

ZIMUMEX0019772 1—

ZIMUMEX929263 —4

ZIMUMEX929296 —6

ZIMUMEX929982 —1

ZIMUMEX930164 —1

Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.

Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.

As Agents :

ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201

Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433

Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com

Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com

Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543

NOTICE TO CONSIGNEES

The above vessel is arriving on 13-08-2023 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 13-08-2023 at MUNDRA PORT with Import cargo from 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

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

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

: +91-22-66378000, Fax : +91-22-66378192, E-mail : IN363-comm.mumbai@msc.com • www.msc.com

MoPSW highlights measures to improve Coastal Infrastructure

W D E L H I : C o a s t a l development projects across the country have been identified by the Ministry of Ports, Shipping and Waterways These include projects from various categories such as modernisation of existing ports and terminals, new ports/ terminals, RoRo/ RoPax& tourism jetties, enhancement of port connectivity, inland water ways, lighthouse tourism, industrialization around ports, skill development, technology c e n t r e s e t c a n d a r e b e i n g implemented by the Central Line Ministries/ Departments, State Governments/ Departments and Major ports etc. Further, in the Union Budget 2023-24, Government of India h a s m a d e a n a n n o u n c e m e n t promoting coastal shipping as the energy efficient and lower cost mode of transport, through PPP mode with viability gap funding. This will result in accelerated growth of coastal infrastructure leading to holistic development of coastal areas. Under Sagarmala Scheme, Ministry of Ports, Shipping and Waterways has partially funded 171 projects worth Rs. 10,960 Cr across coastal states and UTs.

Out of 171 projects, 53 projects worth Rs 3,310 Cr have been completed and 118 projects worthRs.

7,660 Cr are under various stages of implementation and development. The State/UT-wise details of the Sagarmala funded projects are attached as Annexure-I.

The Ministry carries out regular meetings with the stakeholders to understand the concer ns and specific issues hindering the progress of implementation of projects and make requisite efforts to iron out the difficulties to ensure

timely execution of projects Further, the Ministry, from time to time, holds Maritime States Development Council (MSDC) meetings as a framework of consultative planning where challenges and opportunities in marine sector are discussed for creating synergy and to ensure the o p t i m u m m a n a g e m e n t a n d utilization of the available coastline by way of participation of all stakeholders.

Government reviewing FTAs with ASEAN, Korea, says MoS Commerce Anupriya Patel

NEW DELHI: The Government is closely monitoring all the free trade agreements which it has signed and based on stakeholder consultations, existing FTAs with ASEAN and Korea are being reviewed, Parliament was informed recently. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Anupriya Patel said the Government is

negotiating FTAs with the European Union, the UK, European Free Trade Association(EFTA)andCanada

These negotiations or its review are a long-drawn process and the timeline for completion of such negotiations cannot be predicted since the parties to the negotiations are required to agree to the outcome, she said.

"India has signed 13 Free Trade Agreements (FTAs) and 6 Preferential Trade Agreements (PTAs) with its trading partners The government is closely monitoring these FTAs and based on stakeholder consultations, the experience and assessments thereof, the government is in the process of reviewing its existing FTAs with ASEANandKorea," the Minister said.

Japan funded Bangladesh Deep Sea Port : Game changer in Bay of Bengal

NEW DELHI: India, Japan and Bangladesh trilateral could transform Bay of Bengal region through multiple connectivity corridors and industrial value chains.

This was theme of Asian Confluence, (premier Think Tank based in Shillong) organised colloquium in New Delhi in partnership with the Embassy of Japan, New Delhi, titled “Towards a Connected and Prosperous Bay of Region: Perspective on the Northeast India and Bangladesh Connectivity” on Friday

In his remarks, Hiroshi Suzuki, Ambassador of Japan to India, emphasized the need for development of industrial value chains in the region and

said that the upcoming Matarbari deep seaport in Bangladesh could be a real gamechangerintheBayofBengalregion.

Highlighting the importance of the Bay of Bengal and the strategic role of Bangladesh, Md. Mustafizur Rahman, High Commissioner of Bangladesh to India, said, along with road, rail, and water connectivity, there is a need to focus on air connectivity and people-topeople connectivity.

Smita Pant, Joint Secretary (Bangladesh, Myanmar), Ministry of External Affairs, highlighted the great strides made by India and Bangladesh in improving trade, that Bangladesh can now use Kolkata and New Delhi airports

for third country exports and the need to focus on railway, Inland Waterway Tr a n s p o r t a n d o t h e r f o r m s o f connectivity projects between India and Bangladesh.

O n t h i s s p e c i a l o c c a s i o n , a comprehensive report entitled “Assessing Connectivity between Northeast India and Bangladesh: Towards a Prosperous Bay of Bengal Region” was released.

The report is based on a thorough study conducted by Asian Confluence on connectivity between Northeast India and Bangladesh and is based on primary inputs based on field visits, surveys and stakeholder consultations.

m.v. “X-PRESS ANGLESEY” V-23005E

The above vessel is arriving at MUNDRA PORT on 17-08-2023 with Import Cargo in containers.

GOSUNGB20165163 —1

GOSUNGB20165165 —1

GOSUNGB20165176 —1

GOSUNGB20165177 —1

GOSUNGB20165178 —1

GOSUNGB20165179 —1

GOSUNGB9955171 —1

GOSUNGB9955172 1—

GOSUNGB9955173 —1

Consignees are requested to obtain DELIVERY ORDERS from our office address given below on presentation of ORIGINAL BILLS OF LADING, duly discharged and on payment of applicable charges.

Consignees are requested to note that the carrier and or agents are not bound to send further individual notification regarding the arrival of the cargo vessel or their goods.

As Agents :

STAR SHIPPING SERVICES (INDIA) PVT. LTD.

First Floor, Plot No.86, Sector 1A, Near Quality Enterprises Hero Showroom, Gandhidham - Kutch, Gujarat - 370201

Tel: (0091-2836) 229543 235282 235283 235383, Fax: (0091-2836) 230433

Export Marketing Queries: Mr. Parmar Devendra - 9824413365, E-mail: parmar.devendra@zim.com Mr. Trinath Pal 9824504315 Email:pal.trinath@zim.com

Import Marketing Queries : Mr. Mitesh Rajgor - 02836-235282,229543 E-mail: imp@starship-knd.zim.com

NOTICE TO CONSIGNEES

ZIM

The

SHIPPING SERVICES

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.

Consigneesarerequestedtonotethatthecarrierandoragentsarenotboundtosendfurtherindividualnotification regarding the arrival of the cargo vessel or their goods.

Licence-free import of laptops only till October 31

NEW DELHI: The Government has received interest from companies such as HP and Dell towards its new and upgraded production-linked incentive scheme for IT hardware manufacturing and has made it clear t h a t t h e r e w i l l b e “ n o m o r e extensions” beyond the October 31 deadline for those selling laptops in India through the import route without a licence.

A t o p s o u r c e i n t h e I T & electronics ministry told that the government remains firm on the deadline by when licence-free

imports will be allowed, even when there is demand from the industry to extend the relaxation by around 9-12 months. “From November 1, the new rule that mandates a licence for importing laptops and tablets to India will come into play This date will be maintained,” the source said.

After mandating a licence for import of laptops and tablets to the country on August 3, the government had decided to defer the decision till October-end, amid fears that curbs could limit supplies in the market during the festive period.

stepped into damage control mode as top companies such as Samsung, Apple, HP and others were forced to stop shipments into the country as they needed a licence to keep the supply chain going. The government had given a notice of just over 12 hours before putting in place the new regime, which faced flak from several quarters There was discomfort in sections of the industry as well as on social media that the Government was trying to drive in a licensing regime through an “ad-hoc decision”.

India developing 11 Industrial Corridor Projects across the Country in phased manner

NEW DELHI: Government of India is developing eleven (11) Industrial Corridor Projects as part of the National Industrial Corridor Programme across the country in a phased manner The

d e v e l o p m e n t a l a c t i v i t i e s o f approved projects are given below:

As per the approved institutional and Financial structure for the industrial corridors, the Government of India, through National Industrial C o r r i d o r D e v e l o p m e n t & Implementation Trust (NICDIT), provides funds as equity/debt for the development of world-class trunk infrastructure in the industrial

nodes/regions under industrial c o r r i d o r s a n d t h e S t a t e s a r e responsible for making available contiguous and encumbrance free land parcels.

Out of the allocated funds up to 31.07.2023, DPIIT has sanctioned and released funds amounting to Rs 9,899.89 crore for the Industrial Corridor Project, which has been utilized to the extent of Rs. 9,816.98 crore.

Following 11 industrial corridors a r e b e i n g d e v e l o p e d b y Government of India in a phased manner:-

1. Delhi Mumbai Industrial Corridor (DMIC)

2. Chennai Bengaluru Industrial

Corridor (CBIC)

3. Amritsar Kolkata Industrial Corridor (AKIC)

4. East Coast Industrial Corridor (ECIC) with Vizag Chennai Industrial Corridor (VCIC)

5. Bengaluru Mumbai Industrial Corridor (BMIC)

6. Extension of CBIC to Kochi via Coimbatore

7. Hyderabad Nagpur Industrial Corridor (HNIC)

8. Hyderabad Warangal Industrial Corridor (HWIC)

9. Hyderabad Bengaluru Industrial Corridor (HBIC)

10. Odisha Economic Corridor (OEC)

11. Delhi Nagpur Industrial Corridor (DNIC)

Non-tariff barriers emerging as potent tool to disrupt legitimate textiles trade: AEPC

CHENNAI: Non-tariff barriers (NTBs) are gradually emerging as a potent tool to damage and even disrupt legitimate textiles trade, apparel export promotion council (AEPC) said on Thursday As many as 131 NTB notifications are issued related to the textile sector since 2019 with Uganda at the top position with 71 notifications, it said.

It was followed by Ecuador (10), China (8), Taiwan (7), Israel (5), USA (4), and Peru (3).

T h e s e b a r r i e r s i n c l u d e c e r t i f i c a t i o n s , i n s p e c t i o n s , regulations, standards, SPS (sanitary and phytosanitary – related with plants and animals) measures, and

technical barriers to trade (TBT).

These measures are by and large in conformity with the rules of the World Trade Organisation (WTO).

But when these measures are used unfairly, in violation of WTO agreements to discriminate against imports and restrict market access, then they become non-tariff barriers hampering legitimate trade.

The council has organized a webinar on emerging non-tariff barriers in the apparel export sector with an aim to sensitize the industry about the issue.

Mithileshwar Thakur, Secretary General, AEPC, said: “NTBs have slowly but surely emerged as a potent

tool to damage and even disrupt legitimate trade.”

Of late, innovative ways were b e i n g e x p l o r e d b y d e v e l o p e d economies like the European Union to restrict imports from developing countries, he said.

Legislations like CBAM (Carbon Border Adjustment Mechanism) and E U D R ( E U D e f o r e s t a t i o n Legislation) are violative of WTO agreements and bound to make Indian exports to the EU less competitive, he added.

“Ways and means need to be explored to handle the challenges arising out of these legislations,” Thakur said.

India’s forex reserves drop USD 2.42 bn to

MUMBAI: India’s forex reserves dropped for the third consecutive week, declining by USD 2.417 billion to USD 601.453 billion as of August 4, the Reserve Bank said on Friday In

previous reporting week, the overall reserves had dropped by

USD 3.165 billion to USD 603.87 billion.

For the week ended August 4, the foreign currency assets, a major

e s , decreased by USD 1 937 billion to USD 533 40 billion, according to the

USD 601.45 bn

released by the RBI Gold reser ves were down by USD 224 million to USD 44.68 billion, the RBI said.

The Special Drawing Rights (SDRs) were down by USD 171 million to USD 18.274 billion, the apex bank said.

NOTICE TO CONSIGNEES

“ESL DACHAN BAY” V-02330E

The above vessel is arriving at MUNDRA PORT on 20-08-2023 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 :

We hope to see reduction in rates in months to come, says Rajiv Agarwal

MUMBAI: Reacting on the RBI announcement, Mr Rajiv Agarwal,

M D & C E O ,

E s s a r P o r t s

s a i d , “ I n t h e

e v e r- e v o l v i n g

g l o b a l a r e n a , our nation's economic strength shines, making a significant 15% contribution to

w o r l d w i d e g r o w t h T h e M P C ' s dedication works to harmonise inflation with a 4% objective. Demonstrating prudence, the RBI retains the repo rate at 6 5%, upholding stability while envisioning a steady 6 5% growth for FY'24 despite inherent uncertainties We hope to see reduction in rates in months to come.”

Surabhi Mahila Club, IFFCO Udaynagar launches New School “Surabhi First Step up School”

GANDHIDHA

M : S u r a b h i M a h i l a C l u b , I F F C O U d a y n a g a r, a group working for welfare of the c o m m u n i t y, i s p r o u d t o a n n o u n c e t h e o p e n i n g o f a brand-new school d e d i c a t e d f o r providing quality education to the children of needy peoples working in the area.

The school will be known as Surabhi First Step School and inauguration of the same was done by Smt Rekha Awasthi in presence of Smt Varsha Sharma. Present in the program were members of Surabhi Mahila Club, housewife’s of employees.

Recognizing the importance of education i n s h a p i n g t h e f u t u r e o f o u r c o m m u n i t y, Surabhi Mahila Club has taken this crucial step to ensure that every child, regardless of their family's employment status, has access to a nurturing and empowering educational environment.

The new school will focus on delivering a comprehensive curriculum that not only covers core academic subjects but also emphasizes values, life skills, and holistic development By offering a

supportive atmosphere, experienced teachers, and modern facilities, we aim to create an environment where each child can flourish and reach their full potential.

This initiative is a testament to our commitment to social inclusivity, equal opportunities, and the wellbeing of the Udaynagar Colony community We believe that by investing in the education of these young minds, we are investing in the future of our society

Surabhi Mahila Club would like to express gratitude to all the individuals, organizations, and supporters who have made this school's opening possible through their contributions, time, and dedication Together, we can create a brighter future for the children of needy people in Udaynagar Colony.

Mr. RajivAgarwal