GUJ-27-01-2025

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MUMBAI: The Gujarat Star Aw a r d s – O r g a n i s e d a n d Managed by Daily Shipping Times is India’s Oldest Shipping Daily – serving the Trade since 1960. With a legacy of over 65 years, DST is immensely Proud to announce its Grand 12th Edition on 14th February 2025 at Hotel R a d i s s o n , Kandla from 5 PM onwards Widely acclaimed to be the “BEST EVENT” in Gujarat’s Logistics and Maritime Industry, t h e Aw a r d s C e r e m o n y w i l l b r i n g t o g e t h e r

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Key Stakeholders, Thought Leaders, and Industry Pioneers for an Evening of Celebration, Recognition, Networking and Knowledge Sharing

Mr. Umesh Grover
Dr. Pramod Sant Mr.SandeepRajwanshi
Capt. J.S. Gill
Mr. Dushyant Mulani
Mr. Xerrxes Master Mr. RajuAnthony
Mr. Harsh J. Lapsia

DEENDAYAL PORT

Stream African Avocet Aditya Marine

Stream African Bari Bird Aditya Marine USA

Stream Amis Star Delta Waterways

Stream Amoy Fortune Cross Trade

Stream Boa Chowgule Bros China

Stream Corsica Mystic Shpg.

Stream Deep Blue B S Shpg.

Stream Dragon Malara Shpg. Nakala

CJ-II Glamor Anline Shpg.

CJ-XVA Harvest Trueblue Shpg.

Stream Haj Ali DBC

CJ-III Jingling Confidence Delta Waterways

CJ-XIV Limco Gold Chowgule Bros China

CJ-XV Maple Harbour Mystic Shpg.

Stream Soul Mercy Anline Shpg.

Stream Suvari Kaptan DBC

CJ-XVI SSI Dauntless Cross Trade

Stream Sole B S Shpg.

Stream Tokyo Spirit Upasana Shpg.

Nos. Windmill BL

T. SBM

T. Rice In Jumbo Bags

CJ-X Theodore Arnav Shpg. 30/01

CJ-XI VACANT

CJ-XII VACANT

CJ-XIII CS Satira Rishi Shpg. 01-Feb

CJ-XIV Limco Gold Chowgule Bros 28/01

CJ-XV Maple Harbour Mystic Shpg. 29/01 CJ-XVA Harvest Trueblue Shpg. 31/01 CJ-XVI SSI Dauntless Cross

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

OJ-II Theresa Singapore JMBaxi 28/01

OJ-III Yi Cheng Scorpio Shpg. 28/01

OJ-IV Hakuba Galaxy GAC Shpg. 28/01

OJ-V Sakura Shuchi JMBaxi 28/01

OJ-VI Sanmar Santoor OJ-VII

Steamer's Name Arrival on Next Destn.

TCI Anand 21/01 Manglore-CochinTuticorin-Chennai

Sofia II 21/01 Somalia

CS Sarafina 21/01 Bera

Shamim 22/01 Bandar Abbas-Jebel AliConstanta-Chabahar Glamor 22/01

Mercury J 22/01 Sudan

An Hai Pearl 22/01 China

Sanmar Sitar 22/01

Marigold 23/01 China

AS Alexandria 23/01 Pipavav-CochinTuticorin-Kattupalli

Ginga Cougar 23/01

Inter Sydney 25/01 Nhava ShevaBandar Abbas Xin Long Yun 58 25/01 Port Klang-ColomboJebel Ali-Khor Al FakkanNhava Sheva-Mundra-Aliga Venetia 26/01 China

Stream Transatlantic Dariya Shpg.

Ultra Leopard Interocean

LIQUID CARGO VESSELS

Stream Bow Titanium GAC Shpg.

Stream DM Dragon Samudra

OJ-IV Hakuba Galaxy GAC Shpg.

Stream KG 7 Samudra

28/01 Lila Confidence GAC Shpg.

Stream M Bright Samudra Indonesia

31/01 No.5 Ocean Pioneer Samudra

Stream No.6 Ocean Pioneer Interocean Indonesia

OJ-VII Patridge Paicific Marinelinks

Stream PVT Dawn JMBaxi

27/01 Ruico Sapphire Interocean

Chemicals

CDSBO

Chemicals

T. CDSBO

Chemicals OJ-V Sakura Shuchi JMBaxi

Stream Sakura Spirit ISS Shpg.

28/01 Stolt Argon JMBaxi

Stream Stolt Glory JMBaxi

Chemicals 27/01 Stolt Kashi JMBaxi

Stolt Pondo JMBaxi

Theresa Singapore JMBaxi

SHIPS SAILED WITH EXPORT CARGO

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT

DP WORLD MUNDRA

Qingdao, Busan, Kwangyang,

Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 01/02 01/02-AM Wan Hai 613 67E 5010414 Heung A / WHL Sinokor (I) / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo,

Asyad Line Seabridge Marine Haiphong, Laem Chabang, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT in Port Zhong Gu Hang Zhou24005E 5010191 Global Feeder Sima Marine Karachi (CSC) 26/01 26/01-AM Kmarin Azur 504W 5010299 Maersk Line Maersks

CONTAINER VESSELS

25/01 Wan Hai 501 (V-253W) 4010267 Wan Hai Line Karachi 26/01 X-Press Phoenix (V-24056E) 5010367 X-Press Feeder Karachi 27/01 W Klaipeda (V-504W) 5010361 Maersk India Jebel Ali

CB-1 Kapitan Miskov (V-2419W) Oasis Shpg. 28/01 CB-2 Zhong Gu Hang Zhou (24005E) Sima Marine 28/01

29/01 Norderney (V-90W) 5010212 Unifeeder Agency Jebel Ali 26/01 Kmarin Azir (V-504W) 5010299 Maersk India Nhava Sheva 01/02 Wan Hai 613 (V-67E) 5010414 Wan Hai Line Nhava Sheva

Seatrade Peru (V-3W) Nhava Sheva 22-01-2025 Interasia Tenacity (V-1E) Port Kelang 22-01-2025 Beijing Bridge (V-2408) Port Kelang 23-01-2025

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

30/01 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC)

30/01 29/01-PM Zhong Gu Gui Yang 2501E 2500253 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 31/01 Evergreen/KMTCEvergreen/KMTC (FIVE)

05/02-PM X-Press Capella 25001E 2500434 One/X-Press Feeder OneIndia / SC-SPL Port Kelang, HongKong, Shanghai, Ningbo, Shekou. (CWX) 07/02 KMTC /TS Line KMTC India/TS Line (I) Port Kelang, Hongkong, Sanghai, Ningbo. (CWX)

05/02 05/02-PM Zhong Gu Yin Chuan 25001W SeaLead SeaLead Shipping Mombasa, Dar Es Salaam (ANIDEA) 27/01 TBA KMTC/COSCO KMTC / COSCO Shpg. Port Kelang, Hongkong, Qingdao. (AIS) TS Lines Samsara Shpg TBA Hyundai Seabridge Maritime Singapore, Da Chan Bay, Busan, Kwangyang, Shangai. (FIM EAST) TO LOAD FOR INDIAN SUB CONTINENT

28/01 28/01-AM Navios Unite 2E

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

PIPAVAV PORT

ETA Cut Off/Dt.Time Vessels Name Voy VCN LINE AGENT WILL LOAD FOR

TO LOAD FOR MED., BLACK SEA, U.K., NORTH CONTINENT AND SCANDINAVIAN PORTS

31/01 30/01-1800 Maersk Sentosa 504W 25031 Maersk Line Maersk India Algeciras 01/02 07/02 06/02-1800 W Kithira 505W (MECL) 08/02 TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND

PACIFIC ISLANDS

29/01 29/01-1900 GSL Christen 505E 25035 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 30/01 01/02 01/02-1900 GSL Nicoletta 506E X-Press Feeders Merchant Shpg. Ningbo. (NWX) 02/02 Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan.

29/01 29/01-0001 MOL Presence 020E 25040 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 29/01 04/02 04/02-2230 Dimitris Y 0251E24045 ONE ONE (India) (TIP)

30/01 29/01-0600 Yantian 1 14E 25038 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 31/01 01/02 31/01-0600 Xin Da Yang Zhou 098E 25037 Gold Star / RCL Star Shpg/RCL Ag. Nansha New Port (CIXA)

15/02-0600 OOCL Hamburg 155E

01/02-1000 Conti Conquest 030E 25041 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 02/02 07/02 07/02-1000 Conti Crystal 139E HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 08/02 03/02 02/02-0900 OOCL Atlanta 163E 25043 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou,

05/02-0900 Xin Beijing 150E 25044 Nansha, Port Kelang (CI1)

WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS

28/01 28/01-0300 Seaspan Jakarta 504W 25034 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)

04/02 04/02-0300 SM Neyyar 505W

31/01 30/01-1800 Maersk Sentosa 504W 25031 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 01/02 TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL SERVICE

In Port —/— SSL Bharat 170 25039 SSLSSL Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 27/01 29/01 29/01-1900 GSL Christen 505E 25035 Maersk Line Maersk India Colombo. (NWX)

29/01 29/01-0001 MOL Presence 020E 25040 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo. 29/01 04/02 04/02-2230 Dimitris Y 0251E24045 ONE ONE (India) (TIP)

30/01 29/01-0600 Yantian 1 14E 25038 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)

30/01-1900 Mogral 0089 25042 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam,

Krishnapatanam, Cochin, Mundra. (CCG)

SHIPPING MOVEMENTS AT ADANI

HAZIRA PORT

India's Maritime Sector becomes Cornerstone of Country's Economic Resurgence: Sarbananda Sonowal

Indian shipyards to benefit from Hong Kong Convention on Ship Recycling: TK Ramachandran, Secretary, Ministry of Ports, Shipping & Waterways.

MUMBAI : India is expanding its port capacity more than sixfold to reach 10,000 million tonnes per annum by 2047, marking the country's largest-ever maritime infrastructure drive as it positions itself as a global shipping hub.

Speaking at the FICCI Maritime Conference and Expo 2025, Union Minister for Ports, Shipping and Waterways, Mr Sarbananda Sonowal revealed that major ports are already handling 820 MMT of cargo annually, representing a 47 per cent increase since 2014, while overall port capacity has doubled to 1,630 MMT during the same period. “India's maritime sector has become a cornerstone of the country's economic resurgence,” he said.

The expansion programme includes the development of two strategic mega-ports: the Vadhavan Port in Maharashtra, set to become India's largest container facility, and the International Container Transshipment Port at Galathea Bay in Great Nicobar, aimed at capturing transhipment trade along key global routes.

"These achievements epitomise our vision of Ports for Prosperity, where infrastructure serves as a springboard for economic growth and job creation," said the Minister

The maritime modernisation drive has already yielded significant efficiency gains. Container dwell time has been reduced to three days, while vessel turnaround time has improved to 0 9 days, surpassing several advanced economies. Nine Indian ports now feature in the World Bank's Container Port Performance Index 2023, with Visakhapatnam ranking among the top 20 globally

On occasion, Mr T K Ramachandran, Secretary of the Ministry of Ports, Shipping & Waterways, noted India's maritime sector is targeting $1 trillion in investments by 2047, with immediate plans for green hydrogen production hubs at major ports.

The Secretary revealed that several companies have already leased 4,000 acres for green hydrogen facilities at the ports of Kandla, Tuticorin, and Paradip, with production expected to commence within a year

"Half a dozen companies have come forward to invest in these places," Mr Ramachandran said and added, "We expect about 5 lakh crores in investments by 2030."

In addition, Mr Ramachandran alluded to the Hong Kong Convention on ship recycling, which takes effect in June, highlighting that the government expects Indian shipyards to benefit from it. Most recycling yards in Alang already comply with the convention's standards, positioning India to capture a larger share of the global ship recycling market, he noted.

The Dutch Consul General Mr Nabil Taouati highlighted deepening bilateral ties in sustainable ports, logistics, and maritime security As India pursues its ambitious target of 10,000 MTPA port capacity by 2047, the Netherlands - currently the fourth-largest source of FDI in

India - is positioning itself as a key partner in port development. Taouati emphasised shared interests in supply chain optimisation, port decarbonisation, and cyber resilience, underscoring a partnership that extends beyond maritime infrastructure to encompass energy transition, sustainable food production, and healthcare initiatives.

Mr Shyam Jagannathan, Director General of the Directorate of Shipping, underlined India's maritime sector is undergoing a transformative expansion, with ambitious targets to reshape its global standing across multiple segments. Currently ranked second globally in ship recycling, 18th in shipbuilding, and third in seafarer contributions with over 300,000 personnel, India aims to lead the ship recycling sector, break into the top five shipbuilding nations, and provide more than 20% of the global seafaring workforce.

Despite India's maritime sector standing at "the threshold of unprecedented growth," significant challenges must be addressed to realise its full potential Mr Subba Rao, Managing Director, Sanmar Shipping, underscored that while India's shipbuilding industry has a unique opportunity to become a global hub by building new infrastructure "from scratch" rather than upgrading existing facilities, it faces pressing challenges in skilled labour availability and sustainable fuel adoption. He highlighted the dual challenges of transitioning to net-zero emissions while addressing critical skill gaps in shipbuilding and repairs, calling for increased industry collaboration and investment in both infrastructure and workforce development.

During the conference, the Union Minister also unveiled the FICCI-CRISIL Knowledge Report on ‘Forging New Horizons: The Growth of India’s Shipbuilding and Repair Industry’, the report provides highlights of the journey of the global and Indian shipbuilding markets, the factors driving growth and how India holds the potential to become a leading hub for shipbuilding and repair

The conference and exhibition, which will continue over the next two days, will see more than 100 exhibitors, 50-plus speakers, 7500 visitors and representation from more than 10 countries Major organisations, which include J M Baxi, D P World, JSW Infrastructure, Essar Ports, Marine Electricals, Deendayal Port Authority, New Mangalore Port Authority, Andhra Pradesh Maritime Board, Maharashtra Maritime Board, Jawaharlal Nehru Port Authority, Cochin Shipyard Bharat Petroleum, Indian Oil, among others, are participating in the exhibition. Andhra Pradesh is the partner state.

The conference is being organised in association with the Indian Ports Association.

Trump Administration makes India a Priority – 1st meeting with S Jaishankar

WASHINGTON DC : Indicating the importance Washington gives to New Delhi as the new Trump administration takes office, US Secretary of State Maro Rubio and National Security Adviser Mike Walz held their first bilateral and international meets respectively with India’s External Affairs Minister Dr S Jaishankar

Foreign Minister Dr S Jaishankar is in Washington at the invitation of the US Government to attend the inauguration of Donald Trump as the 47th President of the United States. The meeting between the two top diplomats representing the world’s oldest and largest democracies took place at the Foggy Bottom headquarters of the US State Department. The bilateral meeting was preceded by the first Quad

ministerial meet after Donald Trump became President. Marco Rubio’s decision to have his first bilateral meeting with India’s S Jaishankar assumes significance given that the first foreign outreach of any previous new US administration traditionally has been with its two neighbours Canada and Mexico, or with one of its NATO allies.

The bilateral meeting between new US Secretary of State Marco Rubio and Dr Jaishankar comes less than an hour after the former officially took office. The two leaders held wideranging discussions during which they delved into the entire gamut of the India-US strategic partnership. The meeting, which lasted for over an hour, also had India’s Ambassador to the US, Vinay Kwatra, being part of it.

Indian economy to grow 6.5-6.8% in 2024-25 scal, projects Deloitte

M U M B A I : A m i d e v o l v i n g economic conditions, Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth p r o j e c t i o n f o r 2 0 2 4 - 2 5 t o 6.5-6.8 per cent, with expectations for 6 7-7 3 per cent in the following year

Multinational professional services firm Deloitte said the adjustment reflects the need for cautious optimism as the economy navigates a rising global trade and investment uncertainties.

Q2 2024-25 GDP growth stood at 5.4 percent year-over-year, falling short of market expectations.

In response, the RBI lowered its a n n

s t t o 6.6 percent, while the latest NSO survey estimated growth at 6.4 percent for the current fiscal year.

Rumki Majumdar, Economist at Deloitte India, argues "Election uncertainties in the first quarter followed by a modest activity in construction and manufacturing in the subsequent quarter due to weather-related disruptions led to weaker-than-expected gross fixed c a p i t a l f o r m a t i o n T h e government's capex stood at just 37.3 percent of annual targets in the first half, a sharp decline from

last year's 49 percent, and there is a lag in the momentum it needs to gain "

"Additionally, a tempered global growth outlook, potential shifts in trade regulations among industrial nations, and more stringent monetary policies than previously anticipated in India and the US may hinder the synchronised recovery in Wester n economies that we anticipated for this fiscal year."

India will have to adapt to the evolving global landscape and harness its domestic strengths to drive sustainable growth, Deloitte said.

Indian Register of Shipping commences celebrations as it enters 50th year

M U M B A I : I n d i a n Register of Shipping (IRS), a leading classification society, enters 50th year, marking half a century of commitment to maritime safety, quality, and i n n o v a t i o n . T h e o r g a n i s a t i o n commenced year-long celebrations on its foundation day 4th April by unveiling a series of initiatives.

evolution over past five decades.

Starting off the celebrations is t h e d e b u t o f I R S ’ 5 0 t h y e a r commemorative logo The logo symbolises progress, honouring the organisation's illustrious h i s t o r y w h i l e e m b r a c i n g t h e f u t u r e A c o m p a s s a n d collaborative motifs are embedded in the logo, evoking movement and progress, reflecting the IRS's

IRS also launched its new strapline, "Powered by Passion Driven by Values.", a statement that reflects the organisation's relentless pursuit of excellence, fuelled by its u n w a v e r i n g d e d i c a t i o n a n d enthusiasm While passion drives every endeavour, integrity, honesty and respect serve as the foundational pillars of IRS.

Adding to the celebrations is the introduction of IRS’ new flag, symbolising the organisation’s commitment to global maritime

interests Furthermore, IRS also released a teaser v i d e o t h a t o f f e r s a glimpse of its upcoming corporate video.

“ I n c e l e b r a t i n g 50 years of excellence,

I n d i a n R e g i s t e r o f Shipping reflects on its rich heritage and looks ahead with enthusiasm and determination,” says M r A r u n S h a r m a , Executive Chairman

“With the introduction of our 50th Anniversary logo, a new strapline and other initiatives, we are reaffirming our commitment to advancing maritime progress. We are gra

ders, partners, and employees for their unwavering support throughout the decades.”

As part of its golden jubilee celebrations, IRS will host several events, initiatives, and collaborations to reinforce IRS' position as a leader in maritime classification and certification.

India’s Maritime sector needs investment of $1 Trillion by 2047 : MoPSW Secretary

MUMBAI: The Indian maritime sector would need an investment of $1 trillion by 2047 and Rs. 5 lakh crore by 2030 to harness its full potential, Shri T.K. Ramachandran, Secretary, Union Ministry of Ports, Shipping & Waterways said on Wednesday, 22nd January.

He said steps have been taken for the establishment of green hydrogen production hubs at Paradip, Tuticorin a n d K a n d l a p o r t s f o r t h e decarbonisation of the shipping sector

Speaking at the FICCI Maritime Conference and Expo 2025 in Mumbai he said that several companies had already leased 4,000 acres of land near at these ports for green hydrogen facilities and production is expected to begin within a year.

“Half a dozen companies have come forward to invest in these places,” Mr Ramachandran added.

H e s a i d t h e H o n g K o n g Convention on Ship Recycling which would take effect from June, would benefit Indian shipyards as recycling y

complying with the Convention’s standards, positioning India as a global ship recycling market.

Speaking on the occasion, Union Minister for Ports, Shipping & Waterways said India’s maritime sector has become cornerstone of the country’s economic resurgence and India’s port capacity would increase sixfolds to 10,000 MT per annum by 2047

This would make India one the top 10 maritime countries in the globe, he said. He said India’s major ports are already handling 820 MMT of cargo annually, which is a 47% growth since 2014. The overall port capacity has doubled to 1,630 MMT during the same period he said.

Stating that India has entered era of Mega Ports, the Minister said the Vadhavan Port in Maharashtra is set to become India’s largest container facility, and the International Container Transshipment Port at Galathea Bay in Great Nicobar would capture transhipment trade along key global routes.

“These achievements epitomise

our vision of Ports for Prosperity, where infrastructure serves as a springboard for economic growth and job creation,” he added.

E m p h a s i s i n g t h a t t h e modernisation drive in the maritime sector has already yielded significant efficiency gains, he said the container dwelling time has now reduced to three days, while vessel turnaround time has improved to 0 9 days, s u r p a s s i n g s e v e r a l a d v a n c e d economies.

“Nine Indian ports now feature in the World Bank’s Container Port Performance Index 2023, with Visakhapatnam ranking among the top 20 globally,” he said.

West Asia and North Africa emerge top market for Engineering Exports

K O L K A T A : We s t A s i a a n d North Africa (WANA) emerged as the biggest buyer of engineering products from India for the first time ever in December pushing North America to the second slot, the Commerce Ministry data showed.

WANA region’s share in India’s total engineering exports was 20.8% in D e c e m b e r 2 0 2 4 f o l l o w e d b y North America at 19.1% and European Union 17.1%. In November the share of North America in total exports of engineering products was 20% and the European Union 17%.

Overall engineering exports in December were $10.84 billion, up 8.35% on year. Among countries the US r e m a i n e d t h e t o p b u y e r a t $ 1 64 billion during the month, 5% more than the same month last year On a cumulative basis, exports to the US during April-December rose 7% to$13.97 billion as compared to $13 billion in the corresponding period a year ago.

“Going forward, global trade trends are expected to be largely influenced by protective measures by the developed nations, especially the US, and the threat of possible trade wars,” Chairman of Engineering Export Promotion Council Pankaj Chadha said.

“In the wake of this challenging environment, we need to diversify our trade presence in new markets, especially those in Latin America, A f r i c a , a n d

n i a The government’s support will be c

s A d d

a l l y, Government support is needed in importing critical raw materials where domestic supply at affordable cost is not adequate,” he added.

Significantly high growth in engineering exports was noted in France, Saudi Arabia, South Africa, and Sri Lanka on a year-on-year basis during December 2024.

On a cumulative basis, growth in engineering exports is spiraling in

April-December was recorded at $87.21 billion as against $79.33 billion during the same period of the last fiscal, registering a growth of 9.94%.

A s m a n y a s 2 7 o u t o f 34 engineering panels recorded p o s i t i v e g r

w

h d u r i n g t h e April-December period of 2024-25 and the remaining 7 engineering panels includin

non-ferrous sectors including copper, a

office equipment, and mica products recorded negative growth

According to the quick estimates of the Department of Commerce the share of engineering in India’s total merchandise exports was recorded at 28 53% in December 2024 as against 26 07% in December 2023 The share was 27 71% in November and 28 72% in October 2024 On a cumulative basis, t

exports was recorded at 27.11% in April-December

95% of India’s trade by volume moves through Coastal routes : DG Shipping

MUMBAI : As much as 95 per cent of India’s trade by volume and 68 per cent by value moves through the coastal routes highlighting the scope for blue economy, said Dr. Pandurang Raut (IRS), Deputy Director General of S h i p p i n g , U n i o n M i n i s t r y o f Shipping.

While speaking at the ASSOCHAM’s Conference on ‘Accelerating the Blue Economy Wave towards Viksit Bharat’, he said, “The Maritime Amritkal Vision 2046 released in 2023 is aimed at increasing the modernization of the ports, enhancing the port shipping infrastructure, and harvesting the maritime energy.”

“Under the Sagar Mala programme, around 81 projects along the coast of India are being implemented with an investment of Rs 11,752 crores. Also, 21,000 youths have already been trained

under the coastal development programme and 37 fishing harbour projects are being developed with an outlay of Rs. 6,540 crores,” he added.

“Under the National Coastal Mission, an outlay of Rs 240 crores has been earmarked for development of marine litter management practices.” Mumbai Shipping industry experts see immense scope for India emerging as a Blue Economy

Le Quang Bien, Consul General, Consulate General of Vietnam in Mumbai, said, “Blue economy has been recognised globally as a solution to the resource crisis and a sustainable foundation for the future economic development The Indo-Pacific region, plays a crucial strategic role in the global economy, being a vital route connecting manymajormarketsallovertheworld.”

Le Quang Bien said that Vietnam is

strategically located in the area with many of the fastest-growing economies in the world today, such as India, Japan, Korea, and ASEAN.

Strengthening marine cooperation including blue economies between our two countries will not only bring economic benefits, but also contributes to the stability, development, peace, and security for the region, he added.

S h a n t a n u B h a d k a m k a r , Chairman of Maharashtra State Development Council (MSDC), Assocham, said, “Australia is dense on the east coast. There is hardly anything in the centre which shows that c o u n t r i e s e q u a l l y d e v e l o p o n coastlines… Oceans are important, and we have a huge coastline and huge exclusive economic zones which have to be developed for making India a $10 trillion economy.”

Vizhinjam Port driven OAGC project awaits cabinet nod

THIRUVANANTHAPURAM: The Kerala State Govt is set to approve the ambitious Outer Area Growth Corridor (OAGC) project, aimed at creating an economic corridor as part of the Vizhinjam Port-led industrialization. The revised masterplan, submitted by the OAGC consultant, Capital Region Development Programme (CRDP)-II, will soon be reviewed by the state cabinet for clearance.

According to APM Mohammed Hanish, principal secretary, industries, the OAGC will be implemented swiftly due to global investor interest in setting

up industries near the port To expedite the process, the govt may opt for land acquisition instead of land pooling, which would take more time Kerala Industrial I n f r a s t r u c t u r e D e v e l o p m e n t Corporation has been tasked with a c c e l e r a t i n g l a n d a c q u i s i t i o n proceedings

Hanish, currently in Davos ahead of the global investors meet in Kochi next month, noted that investors are eager to invest in businesses related to the Vizhinjam port, with similar responses received in Dubai.

“We need to ensure that land is

available close to the port Land pooling proceedings will take time Hence, we will go for land acquisition, and Kinfra has already started the process The state cabinet will approve the OAGC project verysoon,”MohammedHanishsaid. CRDP special officer Ajit Kumar also confirmed the imminent approval of the OAGC project. He said the Union govt’s approval for the Neopolis integrated township project at Technopark Phase IV is expected soon. Recently, the Union ministry of urban affairs requested clarifications about the project.

Gujarat Star Awards 12th Edition : Eminent Speakers & Industry Stalwarts to deliberate on "Logistics Possibilities to Lead India’s Growth into Amritkaal 2047"

Cont’d. from Pg. 3

Highlight of the Evening: A Thought-Provoking Panel Discussion

This year, the Gujarat Star

Aw a r d s w i l l f e a t u r e a n

Insightful Panel Discussion on t h e T h e m e o f "Logistics Possibilities to Lead India’s Growth into Amritkaal 2047", to be Moderated by none other than Industry Veteran Mr. Umesh Grover, Secretary General of CFSAI.

The Panel will discuss into key topics shaping the future of Logistics, Trade and Supply Chain Management in India offering the August Gathering a unique opportunity to learn from the Expertise and Experiences of Leading Lights drawn from the Maritime and Logistics industry

Eminent Panelists :-

•Capt. J.S. Gill – As Managing DirectorIndia Agency of X-Press Feeders and representing Sea Consortium Shipping India Pvt Ltd , his vast Maritime & Feeder Expertise will shed immense light on future possibilities present in Indian Maritime sector

•Dr. Pramod Sant – An industry expert and Chairman of the Shipping & Logistics Committee at IMC, Dr Sant’s insights into Global Shipping trends and trade policies will add immense value to the discussion

•Mr. Sandeep Rajwanshi – As the Associate Director of PSA Ameya (Mundra), his expertise in CFS and Managing Logistics will provide critical insights to the August Gathering.

•Mr. Xerrxes Master – As Managing Director of the Master Group of Companies, his strategic vision aided by his vast experience in Logistics will enrich the conversation.

•Mr. Raju Anthony – Being the Chief Operating Officer of Abrao Group, his Operational expertise in shipping and logistics is sure to provide practical and actionable insights

•Mr. Dushyant Mulani – Chairman of FFFAI and Director of Khimji Poonja Freight Forwarders Pvt. Ltd., Mr. Mulani brings a wealth of knowledge on Freight Forwarding and Customs Operations, making him a key voice in the industry.

•Mr Harsh J Lapsia – As Partner at U M Khona & Company, his business acumen and sharp understanding on reading future trends of Logistics will add another layer of depth to the discussion

Why Attend? The Gujarat Star Awards is not just an Event but an Experience a Key Industry Platform for Celebrating Excellence while fostering Connections and gaining Invaluable Insights The panel discussion promises to offer actionable takeaways for professionals in the logisticsandtradesectors,making itamust-attendevent

The Gujarat Star Awards has been a beacon of recognition for Excellence in the Maritime and Logistics industry for over a decade in Maritime State of Gujarat By honoring outstanding contributions and fostering Thought Leadership, the Grand Awards Ceremony plays a pivotal role in shaping the future of Indian Maritime and Logistics sector while presenting vast Interacting and Networking opportunities with Industry Stalwarts and Government Officials

MoPSW Secretary & Chairman DPA visits Alang Recycling Shipyard Yard

A L A N G : The Secretar y, Ministry of Ports, Shipping & W a t e r w a y s , S h r i T . K . Ramachandran, IAS, had an insightful visit at the Alang Ship R e c y c l i n g Ya r d , G u j a r a t , accompanied by Shri Sushil Kumar Singh, IRSME, Chairman, Deendayal Port Authority.

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GUJ-27-01-2025 by Daily Shipping Times - Issuu