GUJ-28-10-2024 by Daily Shipping Times

Pg. 6

MUMBAI : (022)22661756 / 1422, 22691407

+ NORTH INDIA

AHMEDABAD : (079) 26569995, E-Mail:dstgujarat@gmail.com

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

PSA India Unveils New Website for Better Experience

MUMBAI: P S A I n d i a has unveiled a New Website‘https://india.globalpsa.com/’ recently It is designed to offer a streamlined experience, which brings you closer to the latest logistics i n n o v a t i o n , e f f i c i e n c y, a n d sustainability, informs a recent communique from PSA India.

Folk Maritime launches India Gulf Express Service (IGXS) and India Red Sea Service (IRSS)

Aim to emerge as leader in providing Regional Liner and Feeder services

MUMBAI: A Trade event was organised by Folk Maritime Service Company (Saudi Arabia PIF company) and Seastar Global Shipping & Logistics (Parekh Group Company) on 18th October at Taj Lands End, Bandra, to introduce Folk Maritime to the Indian market and launch its services, the India Red Sea Service (IRSS) to the Red Sea and India Gulf Express Service (IGXS) to Dammam and Umm Qasr

M r. P

, the Chief Executive Ofcer, Fo

Company,

, highlighted Folk's aim to emerge as leader in providing Regional Liner and Feeder ser vices connecting ports in Red Sea and Gulf to the Indian Subcontinent. M r. N a r e s h P a r e k h , Director, Parekh Group, welcomed the Folk Maritime team and the guests and expressed that the Parekh Group is proud to be associated and partner with Folk Maritime, on their journey into India.

Cont’d. Pg. 10

Mr. Naresh Parekh

Mr. Poul Hestbaek

CWC Gujarat RM meets DPA Chairman

GANDHIDHAM : Shri J. Navukkarasu, Regional Manager, Central Warehousing Corporation (CWC), Gujarat paid a courtesy visit to Shri Sushil Kumar Singh, IRSME, Chairman, Deendayal Port Authority at Kandla on 14.10.2024. They held discussions that were focussed on enhancing synergy between the CWC and DPA for long term association During the visit, they explored ways to enhance the movement of goods, upgrade the CFS Kandla facility

The Regional Manager emphasized the importance of adopting better technology to boost efficiency of CFS Kandla The Chairman of Deendayal Port Authority welcomed the discussion, highlighting how these improvements can benefit businesses and consumers alike. Both CWC & DPA acknowledged that better

infrastructure is crucial for economic growth. Shri Dheeraj Sharma, Head, Business Development and Shri Pradeep Kumar, Head Finance of CWC also accompanied Shri J Navukkarasu

Folk Maritime launches India Gulf Express Service (IGXS) and India Red Sea Service (IRSS)

Aim to emerge as leader in providing Regional Liner and Feeder services

Cont’d. from Pg. 4

Mr. Kim Larsen, Chief Commercial Ofcer, Folk Maritime Services Company, mentioned the objective of the company is to provide a reliable, sustainable product that the customers can rely on and he was looking forward to collaborating with the Indian Trade.

Mr. Yogesh Parekh, thanked the Guests for making time and attending the event and looked forward to support from the customers.

Thereafter the guests had a good interactive session with the Folk Maritime and Seastar Global team.

SHIPPING MOVEMENTS AT GUJARAT PORTS

TODAY’S TIDE 28/10/2024

Cargo Steamer's Agent's ETD

Jetty Name Name

CJ-I Yassin Bey Aditya Marine 02/11

CJ-II Neptune J DBC 01/11

CJ-III Global Falcon Preetika Shpg. 30/10

CJ-IV Gloria M J M Baxi 31/10

CJ-V Gani

CJ-VI Pacific Award

CJ-VII Papayiannis III Dariya Shpg. 30/10

CJ-VIII VACANT

CJ-IX LMZ Bianca Seascape 02/11

CJ-X Ras Ghumays I Ocean Harmony 01/11

CJ-XI Nadia K Master Logitech 29/10

CJ-XII Source Blessing Hapag Llyod 29/10

CJ-XIII Haci Ali Sari Synergy 30/10

CJ-XIV Rize Tristar Shpg. 31/10

CJ-XV Daiwan Hero DBC 02/11

CJ-XVA Hamburg Eagle Chowgule Bros 01/11

CJ-XVI Tientsin DBC 04/11

TUNA

OJ-II Maritime Comity

OJ-III Wisco Adventure Interocean 29/10

OJ-IV Blossom Glory

OJ-V Stolt Beluga J M Baxi 29/10

OJ-VI VACANT

OJ-VII Sti Venere Interocean 29/10

Deniz ID 24/10

Whiplash 24/10 United Kingdom

Vanguard 27/10 Persian Gulf

Izumo Hermes 27/10

TCI Anand 27/10 Manglore-CochinTuticorin-Chennai

Pabela 28/10

Cetus Catchalot 28/10

Han Yi 28/10 Jebel Ali

Nav Neha 28/10

Steamer's Name Agents Arrival on Moonlit Anline Shpg. 13/10

Nada Kashmira Shpg. 15/10

Suvari Reis DBS 21/10

Haj Ali DBC 23/10

Prince Khaled DBC 24/10

ST Andrew B S Shipping 16/10

Eleen Sofia ACT Infraport 18/10 Ficus Mitsutor 24/10

Bloom Halo B S Shipping 25/10

Steamer's Name Agents Arrival on

African Loon Aditya Marine 14/10

Clipper Brunello B S Shipping 26/10

Stream Haj Ali DBC

CJ-XVA Hamburg Eagle Chowgule Bros

Stream Lista Cross Trade

Stream Meghna Rose BS Shipping

Stream Moonlit Anline Shpg.

Stream Nada Kashmira Shpg.

CJ-II Neptune J DBC

Stream Prince Khaled DBC

INIXY124090926

T. Salt In Bulk INIXY124101367

28/10 Propel Prosperity ACT Infraport UAE(Abu Dhabi) 774 T. Mach. Pkgs.(1,869 CBM / 90 PCS) INIXY124101287

Yassin

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

28/10 African Grouse Synergy

CJ-III Global Falcon Preetika Shpg.

Stream IYO Rishi Shpg.

Stream Kurobe DBC Japan

CJ-IX LMZ Bianca Seascape

T.CRC./S.Bars/PKGS. INIXY124101312

LIQUID CARGO VESSELS

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

DP WORLD MUNDRA

TO LOAD FOR WEST ASIA GULF PORT

29/10 29/10-AM Maersk Utah 443W 4103806 Maersk Line Maersk India Colombo (MW2 MEWA) 30/10

TBA Sai ShippingSai Shipping Karachi (JKX)

TBA Asyad Line Seabridge Marine Karachi (REX)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

ETA VESSEL’S

28/10 Maersk Stralsund (V-443W) 4103711 Maersk India Jebel Ali 29/10 Maersk Utah (V-443W) 4103806 Maersk India Nhava Sheva 29/10 SM Mahi (V-2411) 4103800 MBK Logistix Nhava Sheva

CB-1 Zhong Gu Chong Qing (V-24043E) X-Press Feeder 29/10 CB-2 Oshairij (V-2421W) Poseidon Shipping 29/10

01/11 Interasia Enhance (V-2411) 4103850 Interasia Lines

Wadi Duka (V-2419) Salalah 23-10-2024 Wan Hai 506 (V-6236E) Port Kelang 23-10-2024 Inter Sydney (V-165) Bandar Abbas 25-10-2024

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

Wan Hai 309 26E 2403866 Wan Hai Line Wan Hai Lines Port Kelang, Jakarta, Surabaya. (SI8 / JAR)

KMTC / Interasia KMTC (I) / Interasia 30/10 29/10-PM Zhong Gu Nan Ning 2406E 2403817 One/X-Press Feeder OneIndia / SC-SPL Port Kelang, HongKong, Shanghai, Ningbo, Shekou. (CWX) 31/10 KMTC /TS Line KMTC India/TS Line (I) Port Kelang, Hongkong, Sanghai, Ningbo. (CWX)

30/10 30/10-PM Zhong Gu Ji Nan 24006E 2403813 KMTC/COSCO KMTC / COSCO Shpg. Port Kelang, Hongkong, Qingdao. (AIS)

31/10 TS Lines Samsara Shpg

31/10 31/10-PM Torrance 29E 2403731 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 01/11 05/11 05/11-AM Zoi 117E 2403894 Evergreen/KMTCEvergreen/KMTC (FIVE) 06/11 08/11 08/11-PM Ever Ethic 171E 2403804 Evergreen/ONE Evergreen Shpg/ONE Port Kelang, Tanjin Pelepas, Singapore, Xingang, Qingdao, Ningbo 09/11 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC) 12/11 12/11-AM Hyundai Brave 111E 2403820 Hyundai Seabridge Maritime Singapore, Da Chan

PIPAVAV PORT

TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND PACIFIC ISLANDS

In Port —/— Cap Andreas 015E 24347 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 29/10 28/10

28/10-1300 X-Press Angelesey 24033E 24353 ONE ONE (India) (TIP)

30/10 30/10-0200 One Theseus 089E 24346 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 31/10

03/11 03/11-2000 Conti Conquest 029E 24359 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 04/11

30/10

30/10-1200 Pusan 34E 24349 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 31/10 31/10

31/10-1400 Aka Bhum 024E 24348 Gold Star / RCL Star Shpg/RCL Ag. (CIXA) 01/11 06/11 06/11-1400 OOCL Hamburg 153E 24356 07/11 30/10 30/10-1000 GSL Nicoletta 444E 24342 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 31/10

06/11 05/11-1900 X-Press Odyssey 2405E24358 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 07/11 Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan. 17/11 16/11-2100 Xin Ya Zhou 165E 24360 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 18/11 Nansha, Port Kelang (CI1)

TO LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS

01/11 01/11-1800 Navios Tempo 443W Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 02/11 29/10 29/10-0300 SM Neyyar 0443W 24357 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)

05/11 05/11-0300 Seaspan Jakarta 0444W 24351

TO LOAD FOR INDIAN SUB

CONTINENT PORTS & COASTAL SERVICE

In Port —/— Cap Andreas 015E 24347 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.

28/10 28/10-1300 X-Press Angelesey 24033E 24353 ONE ONE (India) (TIP)

30/10 30/10-1200 Pusan 34E 24349 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)

30/10 30/10-1000 GSL Nicoletta 444E 24342 Maersk Line Maersk India Colombo. (NWX) 31/10

31/10 31/10-0001 SSL Gujarat 162 24354 SSLSSL Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1)

03/11 03/11-0600 SCI Chennai 2413 24355 SCI J M Baxi Mundra, Cochin, Tuticorine. (SMILE)

17/11 16/11-2100 Xin Ya Zhou 165E 24360 COSCO COSCO Shpg. Karachi, Colombo (CI1)

TBA CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, Krishnapatanam, Cochin, Mundra. (CCG) TO

LOAD FOR US & CANADA WEST COAST

In Port —/— Cap Andreas 015E 24347 X-Press Feeders Merchant Shpg Seattle, Vancouver, Long Beach, Los Angeles, New York, 29/10 28/10

SHIPPING MOVEMENTS

AT ADANI HAZIRA PORT

Dedicated Freight Corridors can add Rs 16,000 crore to India’s GDP: Study

NEW DELHI: In a recent study conducted by the University of N e w S o u t h Wa l e s ( U N S W ) i n Australia, India’s Dedicated Freight Corridors (DFCs) are projected to boost the country’s GDP by Rs 16,000 crore.

The findings, shared by the D e d i c a t e d F r e i g h t C o r r i d o r Corporation of India Limited ( D F C C I L ) , h i g h l i g h t t h e transformative economic impact of the corridors, particularly the Western Dedicated Freight Corridor (WDFC).

The operationalisation of the WDFC has significantly reduced freight costs and travel times, leading to commodity price reductions of up to 0.5 per cent, DFCCIL reported.

Furthermore, the study indicates that DFCs have contributed to 2.94 per cent of the revenue growth achieved by Indian Railways between

the fiscal years 2018–19 and 2022–23, with over 10 per cent of India’s rail freight now managed through DFC routes.

The DFC network, spanning 2,843 kilometers and passing through 56 districts across seven states, is nearing completion at 96.4 per cent as of October 2024.

The Easter n DFC (EDFC), stretching 1,337 kilometers from Ludhiana to Sonnagar, is fully operational, while the WDFC, covering 1,506 kilometers from Dadri to Mumbai, is 93.2 per cent complete.

These corridors connect key industrial hubs, including coal mines, thermal power plants, cement factories, and large ports such as Mundra, Kandla, Pipavav, and Hazira.

Trains utilising these dedicated tracks have demonstrated impressive average speeds ranging from 50 to 60 km per hour, with the potential for

further acceleration up to 100 km per hour. This marks a significant improvement compared to the average speeds of goods trains on conventional tracks, which typically range from 20 to 25 km per hour

In addition to economic growth, the study highlights the DFC’s “SocialEqualising Effect,” noting that regions w i t h l o w

G D P s experienced significant economic advantages The benefits have been most pronounced in the western regions closest to the WDFC, with

s o experiencing positive economic impacts due to reduced transportation costs,accordingtoareport

Currently, an average of 325 trains o

D F C s an increase of 60 per cent from last year underscoring the corridors' rising importance in India’s logistics and supply chain infrastructure.

UAE, UK help Double-Digit Export growth of Engineering Goods

KOLKATA: Owing to increased demand from countries like the US, UK, UAE, Germany, and Mexico, engineering goods exports from India recorded double-digit growth in September this year, the fifth straight month of positive growth during the current fiscal year 2024-25, according to EEPC India.

In September 2024, engineering exports increased to US$9.82 billion from US$8 89 billion in the same month last fiscal year, securing 10.55 percent year-on-year growth. Cumulative engineering exports during April-September 2024-25 were recorded at US$ 56 23 billion as against US$ 53.42 billion during the same period of the last fiscal, r e g i s t e r i n g a n i n c r e a s e o f 5.25 percent.

The decline in iron and steel exports moderated to just 2 percent during September 2024, contributing t o h i g h e r o v e r a l l g r o w t h o f engineering exports in the month concerned. Excluding the export of iron and steel, engineering exports recorded a higher growth both on a monthly as well as a cumulative basis. Exports of iron and steel conceded a 2.1 percent year-on-year decline in September 2024 and a 26.1 percent y e a r- o n - y e a r d e c l i n e d u r i n g April-September 2024-25.

Notably, the share of engineering in India’s total merchandise exports in September 2024 increased to 28.41 percent from 27.20 percent in August 2024 and 26.60 percent in July 2024. C u m u l a t i v e s h a r e s t o o d a t

26.37 percent during April-August 2024-25.

“The increase in shipments in September this year was majorly on account of industrial machinery, electrical machinery, automobile and auto components, medical devices, etc The decline in both monthly and cumulative terms was evident in the ferrous and non-ferrous metal sectors This can be mainly attributed to global uncertainties, shifting trade policies, and in some instances rising domestic demand.” EEPC India Chairman Arun Kumar Garodia said

“As the time is fraught with both certain challenges and uncertainty we urge the Government to continue their support for the industry such t h a t e x p o r t e r s c

n r e m a i n competitive in the global market,” Garodia said.

In September 2024, as many as 26 o u t o f 3 4

witnessed positive year-on-year g

o w t h , w h i

i n i n g engineering panels experienced a decline Exports of iron and steel, products of iron and steel, nonferrous products including copper, aluminium, and lead products, other products including railway and transport equipment, ship and boats, and floating bodies dropped.

On a cumulative basis, 25 out of 34 engineering panels recorded positive g r o w t h a n d t h e r e

n g 9 engineering panels including iron and steel, products of iron and steel, some non-ferrous sectors including copper, aluminium and zinc products,

IC engines, office equipment, and prima mica products recorded negative growthduringApril-September2024-25. Region-wise, North America and the European Union remained India’s topmost destinations for engineering exports with a share of around 21 pc and 17 pc respectively in India’s total engineering exports during the AprilSeptember period of FY25. West Asia and North Africa (WANA) with a share of 16% registered the highest growth of 24.1 pc during AprilSeptember 2024-25 vis-?-vis the same period last year followed by CIS (growth of 13.3 pc), other Europe (growth of 11.1 pc), North America (growth of 8 pc) and North East Asia (growth of 7.3 pc).

Among top exporting destinations, the USA , UAE, Saudi Arabia, Germany, Singapore, UK, Mexico, etc. experienced positive growth in AprilSeptember 2024-25. Engineering goods exports to the US registered 8 pc year-on-year growth in September this year at US$1 55 billion During the April-September period of FY25, shipments to the US were higher by 6 2 pc year-on-year at US$9 28 billion Engineering exports to the UAE surged 49 9 pc year-on-year to US$672.1 million in September 2024. In the first six months of the fiscal, shipments to the UAE grew 44.8 pc year-on-year to US$3 90 billion Engineering exports to China grew marginally by 1.5 pc year-on-year to US$264.2 million in September this year while growth was 9.3 pc on a cumulative basis.

m.v. “MSC SUAPE VII” Voy : IB442A I. G. M. NO. 2391412 Dtd. 23-10-24

The above vessel has arrived on 25/10/2024 at MDPT (MUNDRA) with Import cargo from ABU DHABI, BAHRAIN, DAMMAM, JUBAIL, SHARJAH, SHUWAIKH.

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

MUNDRA

Consignees are requested to kindly note that the above item nos. are for the B/L Nos. arrived for MUNDRA delivery. Consignees are requested to collect Delivery Order for all imports delivered at MUNDRA from our Import Documentation Dept. at Office N307, 3rd Fl, New Port Users Bldg NO. 5-A-1 Navinal Island, Kutch - 370421on presentation of duly discharged Original Bill of Lading and payment of relevant charges.

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at MUNDRA

The containers meant for movement by road to inland destinations will be dispatched upon receipt of required documents from consignees/receivers and the consignees will be liable for payment of port storage charges in case of delay in submission of these documents. Our Surveyors are M/s. Zircon Marine Services Private Limited. 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.

In case of any query,kindly contact Import Customer Service - IN363-comm.mundra@msc.com

Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. (IVRS No.) 8169256872

You can also visit our website: msc.com/ind/help-centre/tools/import-general-manifest-information Invoices and Delivery order request must only be done in ODEX portal uploading all supporting documents

As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

Office N307, 3rd Fl, New Port Users Bldg NO. 5-A-1 Navinal Island, Kutch, Mundra - 370421, (INDIA) Tel. : +91 2838615501 • Telefax : +91 2838271003 email : IN363-comm.mundra@msc.com • Website : www.msc.com Corporate Identity Number : U63090MH2001PTC133288

Major Port cargo rises 6% in September at 65 million metric tonnes

NEW DELHI: Major Ports, owned by the Government, registered a 6 per cent growth in cargo in September at 65 million metric tonnes (mmt), primarily driven by crude oil cargo shipments and an increase in miscellaneous commodities.

The previous month saw a near 9 per cent increase in export-import cargo and a 1 9 per cent fall in coastal cargo. Crude Oil and miscellaneous (other) commodities, which cumulatively account for a third of major port cargo, saw an increase of 9% and 41% respectively.

On the other hand, ahead of the festival season, the last month also saw private ports – or Non-Major Ports – reversing their slow growth so far this fiscal, seeing a cargo growth of 10 per cent, with a 12 per cent increase in export-import cargo.

For Major Ports, containers, which are a proxy for trade of finished goods, grew only by 3 per cent in September as private ports took a large pie of festive shipments with a 26 per cent growth.

Major Ports have so far in FY25 handled 414 million mmt of cargo, which is a 5 per cent increase

compared to the last year At this pace, they outpace their private peers growing at 4 per cent.

During the same period last year, major ports were on a slow growth trajectory with a 2.4 per cent growth in cargo, and over the last two years, the first half of the financial year has been fraught with international shipping challenges such as the RussiaUkraine war, Israeli attacks across West Asia and the prominent emergence of Iran in the IsraelPalestine conflict.

In terms of port performance, traffic at Deendayal Port Authority (Kandla Port) grew by 28 per cent in September Part of it is due to a lowbase effect, as the port struggled with cargo in FY24 and lost its place as the biggest cargo-handling major Port to Odisha’s Paradip Port. So far in FY25, Kandla Port’s cargo handling has grown by 13 per cent.

Coastal cargo accounts for nearly a fourth of the total cargo volumes at major ports and almost a fifth at Non-Major Ports. While the first half of the FY24 had seen a 20 per cent i n c r e a s e i n c o a s t a l c a r g o a t Non-Major Ports, Government-owned

ports had seen negligible growth I n F Y 2 5 , c o a s t a l c a r g o a t Major Ports has grown by 4 per cent to 93 mmt, while it has decreased by 2 per cent to 65 mmt at Non-Major Ports.

According to experts, the growth of coastal cargo at Major Ports can be majorly attributed to the coal evacuation from Paradip Port which handles close to 31 per cent of the coastal cargo amongst all with other ports like Chennai, Kamarajar port and even JNPA witnessing healthy growth, although the share in overall volumes remains low

The Centre for Monitoring Indian Economy expects cargo movement at Major Ports to slow down to 3.1 per cent in the current fiscal year

“A r i s e i n t r a f f i c o f m a j o r commodities such as petroleum, oil & lubricants (POL) and containerised cargo will push the overall growth upwards while a fall in traffic of coal and iron ore will restrict overall growth in 2024-25 Together, POL, coal, containerised cargo and iron ore account for over 77 per cent of the total cargo traffic,” it said earlier this month.

Easing of Indo-China tensions may set the stage for more stable trade, investment ows, say experts

NEW DELHI: Four years after relations soured following the Galwan Valley clash, the thawing of political tensions between India and China may set the stage for more stable trade with fewer disruptions. Sources have said that this development could benefit India’s largest import source and crucial investment partner

However, some experts warn that India’s low exports and high reliance on Chinese imports, especially in industrial sectors are structural issues that will require long-term policy efforts as lowered barriers for Chinese investments may not lead to technology transfer

Stable relations can fill several key industries in India that rely heavily on C h i n e s e i m p o r t s s u c h a s telecommunications, electronics, pharmaceuticals, chemicals, plastics, solar energy and the automobile sector, said Ajay Sahai, Director General, the Federation of Indian Export Organisations.

“Improved relations can reduce uncertainties and ensure stable supplies of components and raw m a t e r i a l s , a v o i d i n g c o s t l y disruptions,” he said.

In 2023-24, India’s bilateral trade with China stood at $118.39 billion, of which imports from China were a

whopping $101.73 billion while exports were at $16.66 billion.

With the improvement of bilateral relations, many Chinese firms will be keen to invest in PLI (productionl i n k e d i n v e s t m e n t s c h e m e beneficiary) sectors, pointed out Sahai. “With local content criteria, it can lead to the robust growth of our MSMEs as their ancillaries in a hub and spoke model. The potential for such investments can drive job creation and industrial growth. In the long term it can address the issue of trade deficit both with China and overall trade deficit,” he added.

While Chinese investments may flow into labor-intensive industries like garments or shoes, where local manufacturing might be further undermined, in high-tech sectors like electronics and electric vehicles, Chinese companies may focus on assembling products in India, with up to 90 percent of components still being i m p o r t e d f r o m C h i n a , s a i d

Ajay Srivastava, Founder, Global Trade and Research Initiative.

“It is unrealistic to expect a surge in Chinese investments, even if the restrictions (put in place by India on countries sharing land border with it) are eased. China has historically shown l i m i t e d i n t e r e s t i n m a k i n g substantial investments in India, particularly in sectors that require technology transfer or strategic collaboration Even before the conflict, China was reluctant to share technology in sectors critical to India’s industrial growth, such as electronics and electric vehicles,” Srivastava said. Long-term policy interventions would be needed to address the problems of high dependence on Chinese imports, he added

Exporters are hopeful that better ties could lead to better market access for Indian exports in sectors such as bovine meat, agro and processed food, pharmaceuticals and IT sectors.

“China puts in place non-tariff barriers for Indian exports in sectors such as agriculture, pharma and IT exports With improvement in relations, there could be better communication between the two countries to sort the matter,” a Delhi-based exporter said

NOTICE TO CONSIGNEES

m.v. “DUBAI TOWER” Voy : 24003

The above vessel has arrived at MDPT (MUNDRA) on 25-10-2024 with Import cargo from AL' AQABAH, KING ABDULLAH PORT, SOKHNA PORT.

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

MUNDRA

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at MUNDRA.

In case of any query,kindly contact Import Customer Service - IN363-comm.mundra@msc.com

Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. (IVRS No.) 8169256872

MSC AGENCY (INDIA) PRIVATE LIMITED

NOTICE TO CONSIGNEES

m.v. “MSC

BRIANNA”

Voy : JU443R I. G. M. NO. 2391607 DTD. 25-10-24

The above vessel has arrived at 27/10/2024 MDPT (MUNDRA) with Import cargo from ABU DHABI, CARTAGENA, JEBEL ALI, SHARJAH, SHUWAIKH, UMM QASR PT.

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

MUNDRA

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at MUNDRA

In case of any query,kindly contact Import Customer Service - IN363-comm.mundra@msc.com

Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. (IVRS No.) 8169256872

You can also visit our website: msc.com/ind/help-centre/tools/import-general-manifest-information Invoices and Delivery order request must only be done

DGFT to enhance Collaboration with Private Players to boost MSME Participation in Exports

NEW DELHI: The Directorate General of Foreign Trade (DGFT) will actively collaborate with several private players in the country to enhance the participation of micro, medium and small enterprises (MSMEs) in exports The Forum for Internet Retailers, Sellers & Traders (FIRST India) and India SME Forum (ISF) hosted a stakeholder roundtable with key officials from the DGFT recently. During the meeting, it was acknowledged that there is a need to establish over 100 export hubs and engage more private players to tackle key challenges faced by Indian MSMEs in international trade.

"We invite leading industry players to collaborate with us in developing educational content on critical topics, including logistics, warehousing, packaging and labelling, to extend the nationwide outreach and create a meaningful impact," said Moin Afaque, Joint DGFT.

DGFT has been collaborating with platforms like Amazon and DHL, and it plans to boost MSME exports through the "District as Export Hubs" initiative. In recent months, DGFT signed MoUs with DHL to train MSMEs across 76 districts and with Amazon to provide export training in 20 districts. Logistics firm Shiprocket has also signed MoUs with DGFT to set up a capacity-building programme across 16 districts. These partnerships focus on capacity building and workshops to make Indian MSMEs export-ready

Acknowledging the need to establish 100 export hubs,

Afaque mentioned, “The insightful ideas shared, particularly on capacity building for e-commerce exports, incentives and technology interventions, have been invaluable, and we look forward to exploring these concepts to further enhance our cross-border e-commerce capabilities.”

During the discussions, the representatives of the MSMEs in India have put forward some recommendations in terms of export policy framework, aggregate reconciliation model, and payment structures to ensure better participation of MSMEs in exports. Some of the recommendations include having provisions for smallvalue bills that should be simplified and directly reported to the Export Data Processing and Monitoring System (EDPMS), a quarterly aggregate reconciliation to be allowed without the 25 per cent variance cap and many more.

In recent times, the Ministry of Commerce has been taking various initiatives like the Trade Connect Portal and Export-Import Pathshala to enhance the participation of MSMEs in India’s trade. Earlier this year, the government announced that it plans to establish E-commerce Export Hubs (ECEHs) to streamline and boost e-commerce exports, particularly for MSMEs. This initiative aims to tackle key challenges by simplifying cross-border transactions, reducing compliance burdens, and driving growth in international markets.

Mormugao Port Authority recognized globally as an incentive provider on the Environmental Ship Index (ESI) platform

• Mormugao becomes India's pioneering port to implement Green Ship Incentives under the ESI

• ‘Harit Shrey’ scheme launched in October 2023, offering port fee discounts based on ESI ratings of commercial ships

• The “Harit Shrey” initiative has provided benefits to numerous vessels, encouraging eco-friendly practices

GOA: Mormugao Port Authority has gained global recognition by being listed as an incentive provider on the Environment Ship Index (ESI) portal, acknowledged by the International Association of Ports and Harbours (IAPH) This achievement highlights the port’s commitment to promoting environmentally friendly practices for seagoing vessels.

Mormugao Port is India’s first port to introduce Green Ship Incentives through the ESI, aligning with global efforts to reduce air emissions in shipping. The port's incentive program, ‘Harit Shrey,’ launched in October 2023, offers discounts on port charges based on ESI scores, rewarding ships with higher environmental performance.

In August 2024, the Secretary General of IAPH praised Mormugao Port's efforts in joining the ESI Programme and raising awareness of green shipping incentives in the region. Mormugao stands out in Asia alongside Japan and Oman, which also offer similar incentives.

Since the introduction of the “Harit Shrey scheme,” many ships have benefited from the incentives aimed at reducing greenhouse gas emissions This initiative supports the broader goal of achieving long-term emission

reductions in maritime operations. The port authority has also submitted the scheme for the IAPH Sustainability Awards under the World Port Sustainability Programme (WPSP), emphasizing its dedication to sustainable practices.

This recognition positions Mormugao Port as a key player in advancing sustainable maritime practices, contributing to international efforts in reducing carbon emissions and improving air quality

Govt lifts ban on non-basmati white rice exports, removes floor price

NEW DELHI : The Union Government on October 23 removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice, a move expected to promote shipments of the commodity

“The requirement of MEP for the export of non-basmati white rice…has been lifted with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification.

The Government had imposed a ban on exports of

non-basmati rice on July 20, 2023. On September 28, the Government withdrew a blanket ban on overseas shipments of non-basmati white rice and imposed the floor price.

The announcement comes a day after the Government announced the reduction of export tax on parboiled rice to zero from the current 10 percent.

These measures came at a time when the country has ample stock of rice at Government godowns and retail prices are also under control.

Sushil Kumar Singh, IRSME, Chairman-DPA, distributed school uniforms & study materials to all the students of Bhartiya Vidya Mandir, Kandla

GANDHIDHAM: Shri Sushil Kumar Singh, I R S M E , C h a i r m a nD P A , d i s t r i b u t e d s

l uniforms & study materials to all the students of Bhartiya Vidya Mandir, Kandla. During the function, parents of students were also present in large

number 400 such students got benefited.

On this occasion, Chairman DPA emphasised on the need of quality education and urged parents to send their children in school regularly, to enable them to achieve prosperity in future He iterated to extend all p o s s i b l e s u p p o r t f r o m D PA management to make necessary arrangements for the student.

High interest rates is biggest issue for exporters in current nancial year : Survey

NEW DELHI: High interest rates pose a significant challenge for Indian exporters, with three-fourths of them borrowing at over 12 percent, even after providing collaterals. According to a sur vey by the Fe d e r a t i o n o f I n d i a n E x p o r t Organisations, this issue is a major concern among exporters

T h e s u r v e y r e v e a l e d t h a t 40 percent of exporters expect a decline in exports for the current financial year, while 22 percent anticipate up to 5 percent growth. India's exports grew by 1 percent, reaching $213 billion in the first half of the current fiscal year The US and

UAE were noted as key growth markets by most exporters.

Of the 678 exporters surveyed, 39 percent cited high interest rates as a top concern. Freight rates, which have increased due to tensions in the Persian Gulf and shipping line availability, were identified as another major problem Although the gover nment has attempted to address freight issues, borrowing costs remain high.

Currently, 22 percent of exporters borrow at rates between 10-12 percent. With the Reserve Bank of India's repo rate set at 6.5 percent, lending rates are elevated compared

to other regional countries like China (3.1 percent), Vietnam (4.5 percent), Malaysia (3 percent), and Thailand ( 2 2 5 p e r c e n t ) L e n d e r s a r e maintaining a spread of almost 6 percent when lending to exporters, a long-standing issue Proposals to extend interest subsidies have been stalled.

Meawhile, India is reportedly planning a new loan scheme for small and medium-sized businesses (SMEs) and ecommerce exporters that won’t require collateral. This initiative comes as the country aims to reach $2 trillion (around Rs. 168 lakh crore) in exports by 2030.

India’s ability to scale up paired with Germany’s precision engineering to benefit the world: Shri Piyush Goyal

NEW DELHI: Germany’s art of precision engineering coupled with India’s ability to scale up in the p h y s i c a l , d i g i t a l o r s o c i a l infrastructure will help create something extraordinary for the world said Union Minister of Commerce & Industry, Shri Piyush Goyal. He was inaugurating the 18th Asia Pacific Conference of German Business (APK) in New Delhi The Union Minister speaking on the India-Germany collaboration said that from AI adoption to semiconductors, from fostering the nation’s vibrant startup ecosystem to collaborating on green technology, the synergies

between India and Germany can drive unprecedented growth

Noting that today’s India is built on s t r o n g m a c r o e c o n o m i c fundamentals, he added that reform, resilience and readiness is available for the future for businesses across the world On combating climate change, Shri Goyal emphasised India’s commitment at the UN Climate Change Conference (COP21) in 2015, and said that India collectively with the Global South got together with the developed countries to be a part of the solution. He added that India, currently ranked 7th in Climate Change Performance Index (CCPI),

is on track to exceed the nationally determined contributions (NDCs) and also the targets set before the world.

Extending gratitude to the Asia Pacific Committee of German Business and the Indo-German Chamber of Commerce for organising the event, Shri Goyal said that the Asia-Pacific region encompasses 60% of world's population and by 2030, two-thirds of the global middle class will reside in Asia. This demographic shift presents a fertile ground for businesses seeking to expand their reach and capitalise on emerging sectors, he said.

The Gandhidham Chamber of Commerce applauds the DPA Chairman for immediate resolution of Port issues

GANDHIDHAM: Chamber of Commerce

a n d I n d u s t r y r e c e n t l y - o r g a n i z e d

a felicitation ceremony for the newly a p p o i n t e d C h a i r m a n o f

Deendayal Port Authority (DPA) Mr. Sushil Kumar Singh, IRSME and other office bearers. During this program held under the chairmanship of Mr. Mahesh Puj, President of the Chamber of Commerce and Industry, representatives from Kandla Port Contractors Association, Kandla Timber, International Container Terminal, Multipurpose Adani Terminal, Port Agent Council, Stevedores, Customs Brokers, Liquid Tank Terminal, Trailer Owners, Kandla-Mundra Containers Transporters, around 12 different trade associations and a large number of members were present and actively participated, including honorary representatives of Sheep Chandlers, Kandla Port Users and Kutch Small Scale Salt Manufacturers Association.

In the open house forum held during the program following this felicitation ceremony, the business representatives raised several important issues related to the port and shipping business, while Chairman Mr. Singh took serious note of all these issues and assured immediate action.

According to Chamber’s Secretary Mr. Mahesh Tirthani, the remarkable thing was the presence of all the concerned officials of the Port Authority, Gandhidham Chamber representatives and port users. Also, out of the four important issues raised during this visit, three important issues were immediately resolved.

Chamber Secretary Mr Mahesh Tirthani and former President Mr. Teja Kangad said in a joint statement, "The willingness, positive attitude and decision-making power shown by the Chairman are truly admirable. His style of work has become a ray of hope for the business community A speedy resolution will certainly give new momentum and direction to trade and commerce."

Gandhidham Chamber especially appreciated the

efficiency, foresight and patient approach shown by the Chairman. He congratulated the Chairman and lauded the entire Port Administration for his business-friendly approach and overall administrative style which has spread a wave of happiness among the business community as well.

The port authorities responded positively to the strategic suggestions presented by Mr Teja Kangad, Leader of the Chamber in the program and expressed their gratitude to Mr. Teja Kangad for playing a supportive role for the administration, while assuring cooperation for its implementation.

Chamber Secretary Mahesh Tirthani said in a statement, "Such a sensitive and progressive approach of the Chairman is very promising for the development of trade and industry His approach will definitely give a new direction to trade development."

During the port visit, DPA Chairman Mr Sushilkumar Singh, IRSME, Chief Engineer Mr. V. Ravindra Reddy, Trafc Manager Shri B. Ratnasekhar Rao, Deputy Trafc Manager Mr. Sudipto Banerjee, Ex. Engr. Shri Mahesh Makhijani, CISF ofcer Shri R V Shrimali, Former President of Gandhidham Chamber of Commerce Mr. Teja Kanagad, Honorable Secretary Mr Mahesh Tirthani, Mr. Keyur Thakkar and Mr. Rishirajsinh Gohil from Customs Brokers Association and Kandla Port Users, Mr Ramde Karanjia, Head of Container Terminal, JM Bakshi Group and his team were present and joined, in the end, Hon Secretary Mr. Mahesh Tirthani said in a press release