MUM-03-01-2023

E-Mail: dailyshipping@gmail.com

India can be among Top 10 countries in Global Maritime Trade : Sarbananda Sonowal

Massive modernisaon and development taking place

KOLKATA: Union Minister Shri Sarbananda Sonowal recentlysaidthatIndiacanbeamongtheTop10countries in the Global ranking of Maritime merchandise trade with giant strides taken by the Government for modernisation andcapacitybuildinginthesector.

Sonowal, the Minister for Ports, Shipping and Waterways,saidtheCentreiscarryingoutdevelopmentin a sustainable way to meet the 2070 net zero emission target.

“With the massive modernisation and development taking place, we can be among the top 10 countries in the maritime merchandise trade,” Sonowal said at the 121stAnnualGeneralMeetingoftheMerchants’Chamber ofCommerceandIndustryhere.

NEW DELHI: The Government is considering raising interestequalizationorsubsidybenefitsextendedtosmall and medium exporters in the annual budget for 2023-24 to relieve some of the interest rate burden on them due to a tighteningmonetarypolicy.Theproposaltoextendthelow interest rate benefit is being examined at a time Indian exporters are facing headwinds on account of slowing

The Minister stated that projects like ‘Sagarmala’ and ‘PM Gati Shakti’ are “delivering results and will bring sea change after rolling out of all the programmes in the nextfewyears”.

Cont’d. Pg. 15

Govt may raise interest rate subsidy for MSME exporters

demand in key markets amid record inflation and the threatofaglobalrecession.

Cont’d. Pg. 15

New Year Special Supplement 2023 Volume II 44 Pg. Supplement, contains wealth of information, being circulated with Today’s Issue

Growing stronger

together : My five highlights of 2022 by Sultan Ahmed Bin Sulayem, Chairman & CEO of DP World

DUBAI: To make progress despite massive challenges is the defining quality of resilience. This year, DP World was able to help manufacturers and producers move past the supply chain issues caused by the pandemic to keep their goods flowing. This meant dealing with geopolitical tensions, the consequent trends of reshoring, and policies potentially detrimental to the globalisedworldwehaveallgrownaccustomedto.

All the while, our business continues to grow from strength to strength, both in terms of our individual capabilitiesandourdevelopmentintoafullyintegratedendto-end logistics solutions provider. As Chairman and CEO, I am deeply proud of the successes managed by every memberofournow100,000plusstrongDPWorldteam.

HerearefivehighlightsandreflectionsofthisyearthatI thinkarerighttoaddressasweclose2022:

1. Accelerating Our Transition To Integrated LogisticsSolutionsProvider

Throughout the year we took further strides to accelerate DP World’s transformation to the leading advanced logistics company, offering end-to-end supply chain service. After our acquisition of syncreon last year, we fully acquired Imperial in February. This has not only complemented our existing footprint but established our global end-to-end logistics capability to meet customer demand in the Americas, Europe, Africa,theMiddleEast and the SubContinent.

2. Expanding Our Reach in Developing Markets

Logistics infrastructure opens untapped domestic and international trade opportunities, growing economies. It alsohelpslowerthepriceofgoods,makingeverythingmore affordable – prices in emerging markets are often three or fourtimeshigherthanindevelopedmarketsduetothehigh cost of logistics. Each time we invest in developing economies, we not only help global trade go further, but we also facilitate economic growth, attract foreign investment andgeneratethousandsofjobs–raisingthequalityoflifefor everyonethroughtrade.

ThisyearbeganwiththefirststonebeinglaidatthePort of Ndayane, Senegal, representing the beginning of our $1 billion investment. This is our largest port investment in Africa and the largest single private investment in the history of Senegal. Our existing best-in-class infrastructure inSenegalhasalreadybeencreditedwithstimulatinga10% uplift in the country’s GDP growth. So this investment will only reinforce the country’s position as a trade hub in West Africa and further the nation’s development through thenextcentury.

We followed our investment in Senegal with expansion plans in Angola, Puntland – Somalia, and expanded the capabilities of our operations in Caucedo, Dominican Republic. We are also investing heavily in landside logistics to enable trade to flow more easily in developing markets, and our Callao port expansion in Peru will create one of the biggest single terminals in South America once completed in2023.

3.Expo2020Dubai

Over the 182 days of Expo 2020 Dubai, we were able to share our vision for global trade with 1.25 million people.

Expo was an opportunity for us to showcase Dubai as a world-leading trade hub and our Flow Pavilion became a living example of the successes built by our commitment to ceaseless innovationtokeeptradeflowing.

We engaged government delegations from key markets around the world, connecting with Prime Ministers and Presidents from priority marketsandsigning16agreementsoverthecourseofExpo. These seamless connections embodied our work and brought opportunities to create future economic growth for communitiesaroundtheworld.

4. Broadening Partnerships To Strengthen Our BalanceSheetAndDriveLongTermValue

Part of DP World’s success has been the way we work withpartnerstomakethemostofcomplementaryexpertise andlong-termthinking.

InIndia,webroadenedourpartnershipwiththeNational Infrastructure Investment Fund (NIIF) to include our flagshipIndiaportsplatform,whichwillraiseapproximately $300million.Wecreatedanewinvestmentplatformwiththe UK’s BII Group to accelerate investment in Africa and unlock the trade potential of the continent.

We also welcomed two new partners with minority stakes at our flagship assets in the UAE – Jebel Ali Port, Jafza and National Industries Park. The agreements with Canadian investment fund CDPQ and Saudi Arabia-based Hassana allow us to reduce our net leverage and strengthen our balance sheet. This will ensure we can enhance our UAE assets and allow us to capture the significant growth potentialofthewiderregion.

Thecontinuedresilienceofourbusiness,diversityinour portfolio and continued focus on supply chain solutions will support our end-to-end strategy, which will drive sustainablevalueforallourstakeholders.

5.LaunchingTheDPWorldFoundation

Finally, a particularly personal highlight, the founding of the DP World Foundation will allow us to carry out our humanitarian initiatives as we look to build towards a sustainablefuture.

We have always made great efforts to support the communities where we operate. The foundation will document and organise this work through an accredited institution to streamline those endeavours and deliver assistance to those who need it most, in the quickest time. Based on the values of responsibility, innovation, and excellence it will support causes associated with health, education and food, both on the local, regional, and internationallevels.

The challenges of 2021 and 2022 helped us evolve and grow stronger together. More than ever, our people have remained our most critical asset in our shared vision of enablingglobaltradetoflow.Nowitistimetolookforwardto 2023, so we can build on our success for the world of tomorrow.

Inafewdays,IwillsharethefivethingsthatIamlooking forwardtoin2023.

SultanAhmed Bin Sulayem

Agricultural and processed food products exports up by 16% to $ 7.43 billion

NEW DELHI: The exports of agricultural and processed food products rose by 16 percent in the eight months (April-November) of the current Financial Year 2022-23 in comparison to the corresponding periodofFY2021-22.

According to the provisional data by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of Agricultural and Processed Food Products Export Development Authority (APEDA) products increased by 16 percent growth in terms of USD during AprilNovember 2022 to USD 17.43 billion from USD 15.07 billion over the same periodofthelastfiscal.

The initiatives taken by the APEDA (Agricultural and Processed Food Products Export Development Authority) that works under the Ministry of Commerce and Industry have helped the country in achieving 74 percent of its total export target for the year 2022-23 in eight months of the currentfiscal.

Fortheyear2022-23,anexporttarget ofUSD23.56billionhasbeenfixedforthe agriculturalandprocessedfoodproducts basketandanexportofUSD17.435billion has already been achieved in eight monthsofthecurrentfiscal.

AspertheDGCI&Sprovisionaldata, processed fruits and vegetables recorded a growth of 32.60 percent (April-November 2022), while fresh

fruits registered four percent growth in compare to corresponding months of thepreviousyear.

Also, processed food products like cereals and miscellaneous processed itemsreportedagrowthof28.29percent in compare to the first eight months of thepreviousyear.

InApril-November,2021,freshfruits were exported to the tune of USD 954 million that increased to USD 991 million in the corresponding months of the current fiscal. Exports of processed F&V jumped to USD 1310 million in eight months of the current fiscal from USD 988 million in the corresponding monthsofthepreviousyear.

The export of pulses has witnessed an increase of 90.49 percent in eight months of the current fiscal in compare to the same months of the last fiscal as theexportoflentilsincreasedfromUSD 206 million (April-November 2021-22) to USD 392 million (April-November 202223).

Basmati Rice exports witnessed a growth of 39.26 percent in eight months of FY 2022-23 as its export increased fromUSD2063million(April-November 2021) to USD 2873 million (AprilNovember 2022), while the export of non-Basmatiriceregisteredagrowthof 5 percent in eight months of current fiscal. Non-basmati rice export increased to USD 4109 million in eight months of the current fiscal from USD 3930 million in the corresponding

monthsofthepreviousyear.

The export of poultry products increased by 88.45 percent and the export of other cereals recorded a growth of 12.90 percent in eight months of the current fiscal. The export of poultry products rose to USD 82 million in eight months of the current fiscal from USD 43 million in corresponding monthsofthepreviousyear.

Similarly, dairy products recorded a growth of 33.77 percent as its export rose to USD 421 million in AprilNovember 2022 from USD 315 million in the corresponding months of the previousyear.

Wheat export has registered an increase of 29.29 percent in eight monthsofthecurrentfiscalasitsexport rose to USD 1508 million in AprilNovember 2022 from USD 1166 million inApril-November2021.

Other cereals’ exports increased from USD 619 million in AprilNovember 2021 to USD 699 million in April-November 2022 and the export of livestock products increased from USD 2665 million in April-November 2021 to USD 2709 million in April-November 2022.

On the achievement, M Angamuthu, Chairman,APEDA,said,“Wehavebeen working with all the stakeholders such as farmers, exporters, processors to ensure that quality agricultural and processed food products are exported fromtheCountry.”

06/0107/01

Southampton, Helsingborg, Gothenburg & Red Sea, 20/0121/01 20/01

Mediterranean, Gioia Tauro (D). 27/0128/01

ANL CMA CGM Ag. Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre, Dron-3 & Mul

Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos.

SCI/Hapag CMT/ISS Shpg. Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre —/ULA CFS COSCO COSCO Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Indial Indial Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Seahorse Ship U.K., North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos Globelink Globelink WW U.K., North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens, Unifeeder Group Unifeeder Ag. U.K., North Continent & Scandinavian Ports. Dron.2 & TLP TSS L'Global Ag. U.K., North Continent & Scandinavian Ports. Dronagiri-2 AMI Intl. AMI Global U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3 Kalko Faredeal U.K., North Continent & Scandinavian Ports. Dronagiri-3

Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.

Safewater Safewater Lines U.K., North Continent, Red Sea & Med. Ports. Team Global Team Global Log. U.K., North Continent & Scandinavian Ports. Pun.Conware

SCANDINAVIAN, RED SEA & MED. PORTS from NSIGT

17/01

IV302A 05/0106/01 04/01

Agency Haifa. (INDUS) Hind Terminals 06/0107/01 05/01

IU252A N1848 261429-20/12

Lauren IS301A N1860 261867-26/12

MSC Agency U.K., North Cont., Scandinavian, Red Sea & Med Ports. Hind Terminals 13/0114/01 12/01

Virginia IS302A SCI CMT Barcelona,Felixstowe,Hamburg,Rotterdam,Gioia Tauro, 21/0121/01 19/01 1200 MSC Rosa M IS303A U. K. North Continent & Other Mediterranean Ports. 27/0128/01 26/01 1200 MSC Flavia IS304A

NBCL Axis Shpg. Felixstowe, Rotterdam, Hamburg, Antwerp & All Inland Desti. Dronagiri-1 Himalaya Express Allcargo Allcargo Log. U.K., North Cont., Scandinavian & Med. Ports. Dron. 2 & Mul. Service ICC Line Neptune Felixstowe, Hamburg,Rotterdam & other Inland Dest. GDL-3 & Dron-3 GLS Global Log. U.K., North Continent & Scandinavian Ports. JWR Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genoa.

Team Global TeamGlobalLog. U.K., North Continent & Scandinavian Ports. Pun.Conware 06/0107/01 TBATBA Tsingtao Express 3301W N1833 261584-22/12 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul 13/0114/01 TBATBA Sofia Express 3302W N1882 262019-28/12 Hapag ISS Shpg. U.K., North Cont., Scandinavian, Red Sea, & Med.Ports. ULA CFS 20/0121/01 TBATBA Kyoto Express 3303W COSCO COSCO (I) U.K., North Cont., Scandinavian, Red Sea & Med.Ports. 27/0128/01 TBATBA Budapest Express 3304W ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. (IOS) Gold Star Star Ship Hamburg, Antwerp, Tilbury. (IOS) Oceangate CFS

TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from GTI

PORTS from

Antwerp (Only LCL). Dronagiri-3

Line US East Coast, South & Central America 08/0109/01 07/01 2000 Maersk Chicago 252W N1887 262007-27/12 Maersk Line Maersk India Charleston, Norfolk, New York (Direct) Maersk CFS 15/0116/01 14/01 2000 Maersk Denver 301W N1865 261372-20/12 Safmarine Maersk India Charleston, Norfolk, New York, Savannah & Other Maersk CFS 22/0123/01 21/01 2000 Maersk Hartford 302W N1863

US East Coast Ports. Middle East Container Lines(MECL) Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 09/0110/01 TBATBA Ever Ulysses 148E N1801 261297-19/12 TS Lines TS Lines (I) Vancouver Dronagiri-2 16/0117/01 TBATBA Celsius Naples 893E (CISC Service)

TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from NSIGT

In Port 03/01 MSC Illinois VII IV252A N1838 261435-20/12

MSC Agency New York, Savannah, Norfolk (INDUSA) Hind Terminal 09/01 10/01 09/01 1200

Emma IV301A N1890 261915-26/12 16/01 17/01

1200

Esthi IV302A 05/0106/01 04/01

MSC Agency New York, Charleston, Huston, Freeport. Hind Terminals 12/0113/01 11/01

Rania IU252A N1848 261429-20/12

MSC Tianping IU301A N1891 Kotak Global Kotak Global US East, West & Gulf Coast (INDUS) 19/0120/01 TBA 0900 MSC Mundra VIII IU302A 06/0107/01 05/01 1200 MSC Lauren IS301A N1860 261867-26/12 MSC MSC Agency Baltimore,Boston,Philadelphia,Miami,Arica,Buenaventura, Hind Terminals 13/0114/01 12/01 1200 MSC Virginia IS302A Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 21/0121/01 19/01 1200 MSC Rosa M IS303A Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel 27/0128/01 26/01 1200 MSC Flavia IS304A

Globelink Globelink WW USA, East & West Coast. (Himalaya Express) 08/0109/01 TBATBA Navios Constellation 3101 N1853 261843-26/12 CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah Dron.-3 & Mul. 15/0116/01 TBATBA Athenian 3102

OOCL OOCL(I) & Other US East Coast Ports. Dronagiri-2 22/0123/01 TBATBA CMA CGM Orfeo 0INDFW1

Hapag ISS Shpg. ULA CFS 29/0130/01 TBATBA OOCL Washington 3104 ONE Line ONE (India) 06/0207/02 TBATBA Express Athens 3105

COSCO COSCO Shpg. India America

Indial Indial Shpg. US East Coast & South America Express (INDAMEX)

ICC Line Neptune New York,Norfolk,Charleston,Miami,Baltimore,Houston & Other Ports. GDL/Dron.-3

Team Lines Team Global Log. Norfolk, Charleston. JWR Logistics

Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 Kotak Global Kotak Global US East, West & Gulf Coast

TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from GTI

03/0104/01 03/01 0001 Ningbo Express 2248W N1799 261283-19/12 CMA CGM CMA CGM Ag. New York, Norfolk, Savannah, Miami, Santos, Dron.-3 & Mul. 11/0112/01 TBATBA Dalian Express 2249W N1878 261943-27/12 ANL CMA CGM Ag. Itajai & other North American Ports. Dron.-3 & Mul. 17/0118/01 TBATBA Berlin Express 2250W COSCO COSCO Shpg. 24/0125/01 TBATBA Baltic Bridge 0MXDXW1 Hapag ISS Shpg. ULA CFS 31/0101/02 TBATBA APL Antwerp 0MXDZW1 Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 India Sub Cont. Med. Express (IMEX) 04/0105/01 04/01 1400 Pontresina 238E N1832 261580-22/12 TS Lines TS Lines (I) Vancouver Dronagiri-2 11/0112/01 TBATBA Dalian 2209E N1841 261645-22/12 (CWX) 05/0106/01 04/01 1300 Swansea 0IX2XW1 N1824 261480-27/12 CMA CGM CMA CGM Ag. Norfolk, Savannah, New York Dron.-3 & Mul. 12/0113/01 TBATBA APL Florida 0IX2ZW1 N1883 261977-27/12 Hapag ISS Shpg. (INDAMEX 2) ULA CFS 23/0124/01 TBATBA RDO Fortune 05/0106/01 TBATBA Zim Charleston 10E N1834 261586-22/12 OOCL OOCL(I) USA East Coast & Other Inland Destinations. GDL 13/0114/01 TBATBA OOCL Genoa 061E N1866 261912-26/12 RCL RCL Ag USA East Coast & Other Inland Destinations. 16/0117/01 TBATBA Aka Bhum 011E COSCO COSCO Shpg. US West Coast. 23/0124/01 TBATBA OOCL New York 091E Yang Ming Yang Ming(I)

TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from BMCT

261885-26/12 Lubeck Giga Shpg. Bandar Abbas, Chabahar (BMM) Interworld Efficient Marine Bandar Abbas, Chabahar (BMM) Alligator Shpg. Aiyer Shpg. Bandar Abbas, Chabahar. 06/0107/01 06/01 0900 Conti Chivalry IP301A N1861 261872-26/12 CMA CGM CMA CGM Ag. King Abdullah. Dron.-3 & Mul. 13/0114/01 13/01 0900 MSC

TO LOAD FOR WEST ASIA GULF PORTS From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From GTI

Ali, Bandar Abbas. (NMG) Emirates Emirates Shpg. Jebel Ali, Sohar.

LMR Logistic Ser. Jebel Ali, Bandar Abbas. X-Press Feeders Sea Consortium Jebel Ali, Bandar Abbas. Dronagiri Hapag ISS Shpg. ULA CFS QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas. Speedy CFS Cordelia Cordelia Cont. Jebel Ali, Sharjah, Abu Dhabi, Ajman, Dammam,Jubail, Hamad, Baharin, Shuaiba, Shuwaikh, Sohar, Umm Qasr

Alligator Shpg. Aiyer Shpg. Jebel Ali. BSS Bhavani Shpg. Jebel Ali, Doha, Kuwait, Bahrain, Bandar Abbas. Ashte CFS Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports. Dronagiri-3 Bay Line Freight Conn. Port Sudan & Al Sokhna CWC, GDL & DRT ICC Line Neptune UAE & Upper Gulf Ports. GDL-5

Ceekay Parekh Gulf Ports. GDL-2 Team Leader Team Leader Dubai, Jebel Ali JWR CFS Team Lines Team Global Log. Gulf Ports. JWR Logistics 07/0108/01 TBATBA

0031 N1852 261851-26/12 X-Press Feeders Sea Consortium Khalifa, Jebel Ali. 14/0115/01 TBATBA

Giselle 0065 Global Feeder Sima Marine Dronagiri

Unifeeder Group Transworld Shpg. Basra. Emirates Emirates Shpg. Jebel Ali. Alligator Shpg. Aiyer Shpg. Jebel Ali. Cordelia Cordelia Cont. West Asia Gulf Ports. Bay Line Freight Conn. Port Sudan & Al Sokhna CWC, GDL &

EAST

LOOP

03/0104/01 03/01 1300 Maersk Chennai 252W N1815 260923-14/12

Colombo (MESAWA) Dronagiri 05/0106/01 05/01 1100 Seaspan Lahore 2251W N1827 261482-21/12 ONE Line ONE (India) Colombo. 20/0121/01 TBATBA AS Cypria 2302W Hapag ISS Shpg. (AIM) ULA CFS 09/0110/01 TBATBA Ever Ulysses 148E N1801 261297-19/12 Evergreen Evergreen Shpg. Colombo. Balmer Law. CFS Dron. 16/0117/01 TBATBA Celsius Naples 893E Unifeeder Feedertech/TSA Colombo. Dronagiri 23/0124/01 TBATBA Shimin 22008E ONE Line ONE (India) Colombo. (CISC Service) 23/0124/01 TBATBA Shimin 22008E CSC Seahorse Colombo.

TO LOAD FOR INDIAN SUB CONTINENT from NSIGT

In Port 03/01 MSC Illinois VII IV252A N1838 261435-20/12 MSC MSC Agency Colombo. (INDUSA)

TO LOAD FOR INDIAN SUB CONTINENT from GTI

Hind Terminals

Hind Terminal 05/0106/01 04/01 0900 MSC Rania IU252A N1848 261429-20/12 MSC MSC Agency Karachi. (INDUS)

04/0105/01 04/01 1400 Pontresina 238E N1832 261580-22/12 ONE/KMTC ONE(I)/KMTC(I) Karachi, Colombo

—/Dron-3 11/0112/01 TBATBA Dalian 2209E N1841 261645-22/12 X-Press Feeders Sea Consortium (CWX) 16/0118/01 TBATBA X-Press Anglesey 22008E TS Lines/PIL TS Lines(I)/PIL Mumbai

Dronagiri-2/— 05/0106/01 TBATBA Zim Charleston 10E N1834 261586-22/12 OOCL OOCL (I) Colombo. GDL 13/0114/01 TBATBA OOCL Genoa 061E N1866 261912-26/12 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3 08/01 09/01 08/01 0900 Seaspan Chiba 013E N1870 261920-26/12 ONE Line ONE (India) Colombo. 15/01 16/01 TBATBA Wide Juliet 026E X-Press Feeders Sea Consortium Colombo. (TIP) Dronagiri 22/01 23/01 TBATBA X-Pess Bardsey 23001E CSC Seahorse Colombo. 09/0110/01 TBATBA One Competence 089E N1828 261511-21/12 ONE Line ONE (India) Colombo. 12/0113/01 TBATBA MOL Courage 051E Yang Ming Yang Ming(I) Contl.War.Corpn. 19/0120/01 TBATBA One Arcadia 063E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

04/0106/01 TBATBA Wan Hai 305 E262 N1811 261377-20/12 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS 06/0107/01 05/01 2300 Seaspan Felixstowe 08W N1871 261470-21/12 ZIM ZIM Integrated Colombo. (ZMI) Oceangate CFS 06/0107/01 TBATBA Xin Hongkong 059E N1831 261410-20/12 COSCO COSCO Shpg. Karachi, Colombo. (CI 1) 06/0107/01 05/01 1600 Zim Norfolk 7E N1703 260284-06/12 Evergreen Evergreen Shpg. Colombo Balmer Law. CFS Dron. 11/0112/01 TBATBA Ever Uberty 180E N1787 260983-14/12 KMTC/Gold Star KMTC(I)/Star Ship

Dronagiri-3/— 16/0118/01 TBATBA Seaspan Emerald 13E X-Press Feeders Sea Consortium (CIX3 Service) 20/0121/01 TBATBA X-Press Odyssey 22008E EmiratesEmirates Dronagiri-2 07/0108/01 TBATBA BLPL Trust 1211E N1840 261530-21/12 BLPL Transworld GLS Chittagon, Yangoon 12/0113/01 11/01 1700 MSC Vidhi IW301A N1854 MSC MSC Agency Colombo (IAS SERVICE) Hind Terminal

TO LOAD FOR FAR EAST, CHINA & JAPAN PORTS from NSICT

05/0106/01 05/01 0300 Apollon D 2250E N1806 261308-19/12 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang 12/0113/01 TBATBA GFS Pearl 2251E N1858 261856-26/12 CU Lines/KMTC Seahorse/KMTC(I) (VGX) 19/0120/01 TBATBA Vira Bhum 2252E Emirates Emirates Shpg. 07/0108/01 TBATBA Hansa Rottenburg 9200E N1809 261357-19/12 Unifeeder Feedertech/TSA Singapore, Port Kelang Dronagiri 14/0115/01 TBATBA Songa Leopard 899E X-Press Feeders Sea Consortium (SIS) 09/0110/01 TBATBA GFS Pride 2215E N1691 260294-06/12 Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo (CSC) Dronagiri 16/0117/01 TBATBA GFS Prestige 2216E N1856 261854-26/12 Heung A Line Sinokor India 18/0119/01 TBATBA Chennai Voyager 2213E Sinokor Sinokor India Seabird CFS (CSC) Sealead Giga Shpg. Cordelia Cordelia Cont. Port Kelang, Far East & China Ports Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 09/0110/01 TBATBA Ever Ulysses 148E N1801 261297-19/12 Evergreen Evergreen Shpg. P.Kelang, Tanjun, Pelepas, Singapore, Xingang, Balmer Law. CFS Dron. 16/0117/01

TBATBA Celsius Naples 893E

Unifeeder Feedertech/TSA Qingdao, Shanghai, Ningbo. Dronagiri 23/0124/01

TBATBA Shimin 22008E

PIL/ONE PIL Mumbai/ONE(I) —/— 30/0131/01

TBATBA Celsius Nairobi 892E

Hapag ISS Shpg. P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS 06/0207/02

TBATBA Ever Ursula 184E

CISC Service

KMTC KMTC (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3

TS Lines TS Lines (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2

CU Lines Seahorse Ship Port Kelang, Singapore, Haiphong, Qingdao, Shanghai, Ningbo.

BSS Bhavani Shpg. Port Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS 16/0117/01

TBATBA Wadi Bani Khalid 2301E

Asyad Line Seabridge Singapore, Port Kelang. (IEX)

In Port 03/01

507 E208 N1800 261277-19/12

Kaohsiung,

10/0111/01 TBATBA Ital Unica E156 N1822 261478-21/12 Evergreen Evergreen Shpg. BalmerLaw.CFSDron. 17/0118/01 TBATBA Argolikos E147 N1915 262394-02/01 Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/ 31/0101/02 TBATBA Wan Hai 502 E109

TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 04/0105/01 04/01 1400 Pontresina 238E N1832 261580-22/12 ONE Line ONE (India) Port Kelang, Hongkong, Shanghai, Ningbo, Shekou 11/0112/01 TBATBA Dalian 2209E N1841 261645-22/12 X-Press Feeders Sea Consortium (CWX) 16/0118/01 TBATBA X-Press Anglesey 22008E

KMTC KMTC (India)

Dronagiri-3 24/0125/01 TBATBA TS Ningbo 23001E

TS Lines TS Lines (I) Dronagiri-2 (CWX) RCL/PIL RCL Ag./PIL Mumbai Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 05/0106/01 TBATBA Zim Charleston 10E N1834 261586-22/12 OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo, GDL/Dron-1 13/0114/01 TBATBA OOCL Genoa 061E N1866 261912-26/12 APL CMA CGM Ag. Dron.-3 & Mul. 16/0117/01 TBATBA Aka Bhum 011E

ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 23/0124/01 TBATBA OOCL New York 091E COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. (CIX-3)

Gold Star Star Ship Singapore, Hong Kong, Shanghai.

ANL CMA CGM Ag. Port Kelang, Singapore Dron.-3 & Mul. TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 06/0107/01 05/01 2100 Shijing 301E N1818 260926-14/12 Maersk Line Maersk India Port Kelang, Tanjung Pelepas, Singapore, Hongkong, Maersk CFS 13/0114/01 TBATBA Seaspan Lumaco 302E N1842 261573-20/12 CMA CGM CMA CGM Ag. Kwangyang, Pusan, Hakata, Shanghai. Dron.-3 & Mul. 20/0121/01 TBATBA BSG Bimini 303E N1867 (FM-3) 08/01 09/01 08/01 0900 Seaspan Chiba 013E N1870 261920-26/12 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 15/01 16/01 TBATBA Wide Juliet 026E X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang. (TIP Service) 22/01 23/01 TBATBA X-Pess Bardsey 23001E Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri (TIP Service) RCL RCL Ag. Port Kelang, Singapore, Laem Chabang. 09/0110/01 TBATBA One Competence 089E N1828 261511-21/12 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 12/0113/01 TBATBA MOL Courage 051E Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 19/0120/01 TBATBA One Arcadia 063E Hyundai HMM Shpg. Seabird CFS 26/0127/01 TBATBA One Continuity 062E Samudera Samudera Shpg. (PS3 Service) Dronagiri (PS3 Service) Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai Ocean Gate

TO LOAD FOR FAR EAST, CHINA & JAPAN PORTS from BMCT

In Port 04/01 GH Curie E012 N1798 261131-16/12 Sinokor Sinokor India Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Seabird CFS 11/0112/01 TBATBA Jan Ritscher E908 N1882 261941-27/12 Heung A Line Sinokor India Hongkong 18/0119/01 TBATBA Marina Voyager E0111

Wan Hai Wan Hai Lines (CI6) Dron-1 & Mul CFS 25/0126/01 TBATBA Gabriela A E008 InterasiaInterasia Unifeeder Feedertech/TSA Dronagiri 04/0106/01 TBATBA Wan Hai 305 E262 N1811 261377-20/12 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 15/0116/01 TBATBA Anbien Bay E08 N1897 262217-30/12 COSCO COSCO Shpg. Ningbo, Shekou. 22/0123/01 TBATBA Najade E32 InterasiaInterasia (CI2) 26/0127/01 TBATBA Kumasi E007 Hyundai HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai. 04/0105/01 03/01 1400 KMTC Delhi 2207E N1779 261025-15/12 KMTC KMTC (India) Port Kelang(W), Hongkong, Qingdao, Kwangyang, Dronagiri-3 15/0117/01 TBATBA TS Dubai 22008E N1889 262088-28/12 TS Lines TS Lines (I) Pusan, Ningbo, Shekou, Singapore. Dronagiri-2 17/0118/01 TBATBA Henrika 2250E N1845 261733-23/12 COSCO COSCO Shpg. (AIS SERVICE) 21/0122/01 TBATBA ESL Kabir 22052E

Emirates Emirates Shpg. Port Kelang, Hongkong, Qingdao, Kwangyang, Pusan,Ningbo, Shekou, Singapore. Dronagiri-2 CU Lines Seahorse Ship Port Kelang,Hongkong,Busan, Qingdao,Ningbo. 04/0105/01 TBATBA Calais Trader 022E N1792 261173-16/12 RCL/PIL RCL Ag./PIL Port Kelang, Haophong, Nansha, Shekou. 13/0114/01 TBATBA Uru Bhum 022E N1876 261944-27/12 CU Lines Seahorse Ship (RWA) 15/0116/01 TBATBA CUL Manila 2301E

InterasiaInterasia 22/0123/01 TBATBA Interasia Engage E003 Emirates Emirates Shpg. 06/0107/01 TBATBA Xin Hongkong 059E N1831 261410-20/12 COSCO COSCO Shpg. Shanghai, Laem Chabang. 11/0112/01 TBATBA OOCL Atlanta 151E N1908 APL CMA CGM Ag. (CI 1)

Dron.-3 & Mul 18/0119/01 TBATBA Seamax Westport 084E OOCL/RCL OOCL(I)/RCL Ag.

GDL/— CU Lines Seahorse Ship Singapore,Shanghai,Ningbo,Shekou,Nansha,Port Kelang 06/0107/01 05/01 1600 Zim Norfolk 7E N1703 260284-06/12 Evergreen Evergreen Shpg. Port Kelang, Singapore, Haipong, Qingdao, Shanghai, Balmer Law. CFS Dron. 11/0112/01 TBATBA Ever Uberty 180E N1787 260983-14/12 KMTC/Gold Star KMTC(I)/Star Ship Ningbo, Dai Chen Bay

Dronagiri-3/— 16/0118/01 TBATBA Seaspan Emerald 13E

Sea Consortium 20/0121/01 TBATBA X-Press Odyssey 22008E

Emirates Shpg (CIX3 Service) Dronagiri-2 23/0124/01 TBATBA Zoi 21E

Exp. Aissa Maritime 30/0131/01 TBATBA

Da Chan Bay 02254E

Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 12/0113/01 TBATBA Hyundai Bangkok 014E N1835 261595-22/12 Hyundai HMM Shpg. Port Kelang, Singapore, Laem Chabang, Caimep, Kaohsiung, Seabird CFS 15/0116/01 TBATBA Hyundai Singapore 0133E Maersk Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS 24/0125/01 TBATBA HyundaiHongkong 0140E TS Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia Dronagiri-2 30/0131/01 TBATBA Hyundai Busan 0142E Far East & China Ports. China India Express Service (CIX/ICX)

Gold Star Star Ship Singapore, Kwangyang, Pusan, Shanghai, Ningbo Ocean Gate Sinokor Sinokor India Port Kelang, Singapore, Hong Kong, Kwangyang, Seabird CFS Busan, Shanghai, Ningbo & Other Inland Destination. 16/0117/01

TBATBA CMA CGM Tosca 0FF7QE1 N1810 261364-20/12

CMA CGM CMA CGM Ag. Singapore, Qingdao, Shanghai, Ningbo, Shekou Dron-3 & Mul 23/0124/01 TBATBA CMA CGM Rabelais 0FF7UE1

RCL RCL Ag. (AS1)

261478-21/12

ZEALAND PORTS

Tauranga,

17/0118/01 TBATBA Argolikos E147 N1915 262394-02/01 TS Lines TS Lines (I) Australian Ports. (CIX) Dronagiri-2 05/0106/01 TBATBA Zim Charleston 10E N1834 261586-22/12 ANL CMA CGM Ag. Australia & New Zealand Ports. Dron.-3 & Mul. 13/0114/01 TBATBA OOCL Genoa 061E N1866 261912-26/12 RCL RCL Ag. Brisbane, Sydney, Melbourne. Dronagiri-1 16/0117/01 TBATBA Aka Bhum 011E OOCL OOCL (I) Sydney, Melbourne. GDL 23/0124/01 TBATBA OOCL New York 091E

TS Lines TS Lines (I) Australian Ports. (CIX-3) Dronagiri-2 (CIX-3) Austral Asia MCS (I) Port Lae, Port Moresbay, Madang, Kavieng, Rabaul, Honiara Dronagiri-3 Team Lines Team Global Log. Australia & New Zealand Ports. JWR Logistics 08/01 09/01 08/01 0900 Seaspan Chiba 013E N1870 261920-26/12 ONE Line ONE (India) Sydney, Melbourne, Fremantle, Adelaide, Brisbane, 15/01 16/01 TBATBA Wide Juliet 026E Auckland, Lyttleton. 22/01 23/01 TBATBA X-Pess Bardsey 23001E Allcargo Allcargo Log. Melbourne, Sydney, Frementle, Brisbane, Auckland, Adelaide(LCL/FCL). Dron.2&Mul(W)

TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSICT

Misurata,

Terminals 13/0114/01 13/01

IP302A

CGM

Dakar, Nouakchott, Banjul, Conakry, Freetown, Monrovia, Sao Tome, Bata, Dron.-3 & Mul. 20/0121/01 20/01 0900 MSC Fairfield IP303A Guinea Bissau, Nouadhibou, Dakar, Abidjan,Tema, Malabo & Saotome. 27/0128/01 27/01 0900 GSL Ningbo IP304A GlobelinkGlobelink West & South African Ports. (EPIC 1 / IPAK) Safewater Safewater Lines East, South & West African Ports (EPIC 1 / IPAK) 07/0108/01 07/01 0600 Lana 301S N1819 260927-14/12 Maersk Line Maersk India Mombasa, Victoria. Maersk CFS 14/0115/01 14/01 0600 Maersk Brooklyn 302S N1864 261372-25/12 (MWE SERVICE) 21/0122/01 21/01 0600 Lisa 303S N1872 09/0110/01 TBATBA Ever Ulysses 148E N1801 261297-19/12 TS Lines TS Lines (I) Australian Ports. (CISC Service) Dronagiri-2

TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSIGT

India can be among Top 10 countries in

Global Maritime Trade : Sarbananda Sonowal

Massive modernisaon and development taking place

Cont’d. from Pg. 4

“In 2014, our cargo handling capacity in ports was 800 million tonne and in 2022, it is 1,600 million tonne,”theMinistersaid.

Intheinlandwaterways,thecargo handlinghasnowgrownto109million tonne from a mere 16 million tonne capacityin2014,hesaid.

Sonowal also said that an MoU was signed involving Paradip, Deendayal, Tuticorin Ports and Cochin shipyard to achieve sustainablegoals.

The Minister had recently announced India’s first National CentreofExcellenceforGreenPort& Shipping. The centre aims at

developing a regulatory framework and a roadmap for alternative technology adoption for “green shipping” to foster carbon neutrality. The minister also stated thatarivercruisecoveringadistance of 3,200 km from Varanasi will commence in January and end in Assam’sDibrugarh.

Govt may raise interest rate subsidy for MSME exporters

Cont’d. from Pg. 4

The Government is examining the cost to the exchequer if the interest subsidy is hiked from 3% to 5% for micro, small and medium manufacturers, and from 2% to 3% for manufacturer-exporters and merchant-exporters exporting under 410tarifflines.

The Department of Commerce is learnt to have discussed the proposal with the Finance Ministry amid concernsraisedbyexporters.

“The Department of Commerce is calculating the cost of the exercise. We are considering the demand to restore the Interest equalisation rates of 5% for MSME exporters and 3% for those dealing in 410 specified tariff lines,” said a Government official.

“Exporters are facing the burden of high interest rates and slowing international demand, and therefore, we are looking into the proposal of hiking the interest subsidy rates,” saidanotherGovernmentofficial.

The RBI-led monetary policy committee on 7 December hiked the repo rate by 35 basis points (bps) to 6.25%, the fifth raise in the current

fiscal year, taking the policy rate to its highestsinceAugust2018.

According to exporters, the credit rate for most of the MSMEs has alreadycrossedthedouble-digitmark and is currently between 11% and 13%.

“We expect interest rates to go up further in the next few months or so. Therefore, there is an urgent need to restore the interest equalization benefit of 5% to manufacturer MSMEs and 3% to all 410 tariff lines as existed prior to October 2021 as cost of credit has crossed the pre-covid level and is impacting exporters. The interest equalisation benefits may be extended to all service exporters and all merchant exporters,“ said Ajay Sahai, DG and CEO, Federation of Indian Export Organisations(FIEO).

The scheme helps exporters get access to capital at a reduced cost. Exporters have been pressing the Government to restore the interest equalization benefits amid the interest rate hikes. The Government had reduced the interest equalization benefit to 3% from 5% for MSME

manufacturers over the last two years, as overall interest rates had come down and MSMEs were getting loansat7-7.5%interest.

However, exporters argue, now MSMEsarebeingchargednearly10% interest for loans, which is higher than the pre-covid level, and that the interest burden is only expected to rise. The Government budgeted Rs. 2621 crore for the scheme for FY23, against Rs. 3151 crore for FY22 inrevisedbudget.

The Central Bank in March extended the interest equalisation scheme for pre and post shipment rupee credit for MSME exporters till March2024.

India’s merchandise exports remained little changed in November year-on-year at $32 billion. The WTO has estimated global trade growth to slow to 1% in 2023 from 3.5% in 2022 amid heightenedglobaluncertainty.

The interest equalisation scheme mostly covers labour-intensive and employment generating sectors like ready-made garments, toys, handicrafts, auto components and processedfood.

Mobile phone exports worth Rs. 1 lakh crore : PM Modi’s vision for 2023

NEW DELHI: Prime Minister

Shri Narendra Modi’s vision for 2023istohavemobilephoneexports with the segment featuring in the top 10 export category from India, Minister of State for Electronics and IT Shri Rajeev Chandrasekhar said.

The Minister said that the Government will take all the measures that are required for boosting the electronics manufacturing ecosystem in the country and in 2023 will look at

widening the manufacturing base beyondmobilephonemanufacturing.

“PM Modi’s vision for 2023 is mobilephoneexportsworthRs.1lakh crore,withmobilephonesfeaturingin the Top 10 exported category,” Chandrasekharsaid.

Mobile phone exports from India was around Rs. 45,000 crore which was dominated by Apple and Samsung.

The minister said that the governmentisworkingtobroadenthe electronic manufacturing ecosystem

beyond mobile phones to increase global share in hearables and wearables segment, IT hardware, electroniccomponentsetc.

As per a study by electronics component makers body ELCINA, thedemandforcomponentsin2020-21 wasUSD32billion(aboutRs.2.65lakh crore) for about a USD 70 billion (Rs. 5.8 lakh crore) industry and of this, barely USD 10 billion (Rs. 82,000 crore) was manufactured locally, and that too with a majority of imported rawmaterials.

Export prospects for 2023 remain bleak as key markets face downturn

NEW DELHI: A demand slowdown looms over global trade in the new year, and India is unlikely to remain unscathed. New Delhi’s export competitiveness and market diversification attempts will be put to rigorous test in 2023 as its top buyers — the US and the EU — face an extended period of growth deceleration, while China, its fourth-largest export destination,isbruisedbythepandemic. India’s export performance, which remained robust until the first half of 2022, started losing momentum in the second half, as external circumstances increasinglyturnedunfavourable.

Nevertheless, in many ways, 2022 proved to be a turning point for Indian trade. Goods exports are estimated to have breached the $400-billion mark for the first time and hit $440-450 billion in calendar year 2022, against $395 billion in 2021. Services exports may have touched a record $295-300 billion in 2022 from$254billionlastyear.

More importantly, shedding inhibitions over trade deals that were long blamed for exacerbating its trade deficit, India signed a free trade agreement (FTA) with the UAE in February, the first with any economy in a decade. Two months later, it hammered out an interim trade deal with Australia and is expected to start talks for a broader FTA with Canberra inJanuary.NewDelhiisnowengagedin FTAnegotiationswithkeyeconomies— includingtheUK,theEUandCanada— andexpectsatleasttwoofthesepactsto fructify in 2023. The Government expects duty-free access under the FTAs,inadditiontoitsrenewedpushfor market diversification and product basket expansion, to help exporters turnthetide.Butthatwillbeeasiersaid thandone,atleastintheshortrun.

The World Trade Organization (WTO) recently warned of a darkened 2023 and projected that global trade growth will drop to only 1% next year from 3.5% in 2022. It also cautioned about a contraction if the Ukraine conflict escalates. This means export prospectsforcountries,includingIndia, could remain far more subdued in 2023 than this year. In fact, according to an earlier HSBC report, global economic growth deceleration explains for roughly a third of India’s trade slowdown.

Moreover, economies like the EU have proposed to slap carbon border adjustment measures, which typically aim to tax imported goods, including steel and cement, from countries with lessstrictclimatepolicies.

“India’s exports outlook for 2023 depends considerably on the oil price movement and the recovery in global demand,” said Ajay Sahai, Director General and Chief Executive at the Federation of Indian Exports Organisation. “If oil prices remain around $75-80 per barrel, the global economy and trade may recover fast. The indications so far that prices of oil priceswillcomedown.Butwehavetobe watchful,”headded.

GlobalTradeResearchInitiativecofounder Ajay Srivastava said the weak global trade growth forecast is currently influenced by a number of factors — elevated US inflation leading to fears of multiple events of interest rate hikes; Europe reeling under high energy prices; China’s Covid problems and the impact of US sanctions on high tech products; and the Ukraine war. What is also worrying is that, at 2%, India’s share in world trade is lower thanits3.5%shareinworldGDP.

“But the outlook may look up

dramaticallywiththeendoftheUkraine war, and China controlling Covid. Botharedistinctpossibilities,”hesaid.

However, there are silver linings, too. The rollout of 14 production-linked incentive (PLI) schemes in the aftermath of the pandemic will start boosting domestic manufacturing and ultimately prop up exports. Srivastava expected a “steep boost” to India’s electronics exports, as the PLIsupported production goes to market next year. This could somewhat offset the weak growth in traditional sectors likeengineeringandtextiles.

Moreover, India’s services sector is expected to defy the sharp growth slowdown in the US and the EU better than the merchandise sector. If anything, the slowdown or recession in advanced economies may brighten the prospects for Indian services exporters, as these countries tend to start diverting a larger number of orders to cheaper destinations to cut down on costs, according to Services Export Promotion Council chairman Sunil Talati. This is especially true of segments like accountancy and legal services.

For instance, until November this fiscal, services exports jumped almost 29% from a year before to an estimated $204.4billion.Incontrast,goodsexports rose by only 11% until November to $295.3billion.

Meanwhile, goods imports, too, are expected to shoot up to a record $725 billion in 2022, against $573 billion in 2021. Elevated imports inflated the current account deficit to about a decade high of 4.4% of GDP in the second quarter. Of course, the pressure has eased from the December quarter and may remain benign in 2023, as importgrowthfalters.

Railways earns Rs 120478 Crores from Freight loading this FY till December 2022

NEW DELHI: On mission mode, Indian Railways' Freight loading for firstninemonthsofthisfinancialyear 2022-23 crossed last year’s loading andearningsforthesameperiod.

On cumulative basis from AprilDecember 22, freight loading of 1109.38 MT achieved against last year loading of 1029.96 MT, an improvement of 8% over last year loading. Railways have earned Rs 120478 crore against Rs 104040 crore over last year which is an

improvement of 16% as compared to thesameperiodoflastyear.

DuringthemonthofDecember22, Originating freight loading of 130.66 MT has been achieved against loadingof126.8MTinDec.21,whichis an improvement of 3 % over last year. Freight revenue of Rs. 14573 crore have been achieved against Rs 12914 crore freight earnings in December 21, thereby an improvement of 13% overlastyear.

Following the Mantra,

“Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both conventional and non conventional commodity streams. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this landmark achievement.

Sagarmala project moving at slow pace, says Parliament panel; seeks report

NEW DELHI: The projects under one of the flagship programmes of the Centre — Sagarmala — are moving at slow pace as only about 25 per cent of total projects under the scheme are complete as of now. The Parliamentary Committee on Transport, Tourism and Culture has taken cognizance of the ‘slow progress’ and sought a detailed report from the Ministry of Ports, Shipping, and Waterways or the delays. The panel also wants to know whether there has been cost escalation and time overrunascomparedtooriginalcostand timelineoftheprojectsduetotheholdup.

TheSagarmalawasapprovedbythe Union Cabinet in March 2015. PM Narendra Modi released the Sagarmala National Perspective Plan, to promote port-led development in the country through harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes, in April 2016. TheCentreapproved802projectsunder theprogramme.

According to the panel’s 327th report on ‘connectivity and tourism facilities at port’, out of 802 projects, 202 projects have been

completed, 216 projects are under implementation while 384 are under variousstagesofdevelopment.

Noting that only about 25 per cent of the total projects under Sagarmala are complete, the panel has recommended accelerating the progress. “The panel expresses seriousconcernattheslowprogressof work and recommends that Sagarmala, being a crucial step in the progress of India’s shipping sector, which seeks to bring about port connectivity, needs to be expedited…,” read the report of the panel headed by RajyaSabhaMPTGVenkatesh.

Eastern DFC : Successful trial run of freight train between New Karchana and New Sujatpur

PRAYAGRAJ: The trial run of a freight train consisting of 53 wagons loaded with coal was conducted successfully recently between Eastern Dedicated Freight Corridor’s New KarchanaandNewSujatpurstations.

The freight trains will now be run bypassing Prayagraj city. This section of EDFC has a route length of 62.65 km and includesanimportantbridgeofabout1km lengthovertheYamunariver.

With this, all connections of EDFC with Indian Railways between Chunar and Kanpur stations (route length of 322.353 km) including four link linesCheoki Link Line, Iradatganj Link Line, Sujatpur link line and Rooma link line have been completed. In this section Road Under Bridges and Road Over Bridges have been provided at all level crossings for safety of public and unhinderedmovementofgoodstrains.

With the commissioning of this DFC detour, all the goods trains which were passing through Prayagraj Junction, Cheoki and Naini stations of Indian Railways will now move through this DFCdetour.

This will help the North Central Railway by relieving the congestion at these stations. The punctuality of passenger carrying trains will also improvesignificantly.

Wheat exports rise 30% to USD 1.5 bn in Apr-Nov

NEW DELHI: Wheat exports rose 29.29 per cent to USD 1.50 billion during April-November this fiscal from USD 1.17 billion in the same period the previous year, the Commerce Ministry said recently. Though the government banned wheat exports in May, some shipments are allowed to meet the food security needs of the countries that requestit.

The Ministry said that Basmati rice exports too increased by 39.26 per cent to USD 2.87 billion during AprilNovember 2022, while that of nonbasmati rice registered a growth of 5pertoUSD4.2billioninthesameperiod.

"Wheat export has registered an increase of 29.29 per cent in eight monthsofthecurrentfiscalasitsexport rose to USD 1508 million in AprilNovember 2022 from USD 1,166 million inApril-November2021,"itadded.

The outbound shipments of agricultural and processed food products rose by 16 per cent in the eight months of the current fiscal to USD 17.43billion.

"For 2022-23, an export target of USD 23.56 billion has been fixed for the agricultural and processed food products basket and an export of USD 17.435 billion has already been

achieved in eight months of the current fiscal,"theministrysaid.

In April-November 2022, fresh fruits were exported to the tune of USD 991 million against USD 954 million in the corresponding months of the previous fiscal.

The export of pulses increased by 90.49 per cent in eight months of the current fiscal to USD 392 million, itadded.

Similarly, dairy products recorded a growth of 33.77 per cent as its export rose to USD 421 million in AprilNovember 2022 from USD 315 million in theyear-agoperiod.

Stream

Stream

CJ-I MV Sabeel Star Interocean 04/01

CJ-II MV New Noble DBC 05/01

CJ-III MV Lady Demet DBC 05/01

CJ-IV MV African Harrier Synergy Seaport 06/01

CJ-V MV Ioanna Pol Synergy Seaport 04/01

CJ-VI MV Shikoku Island Synergy Seaport 05/01

CJ-VII MV Bulk Mustique Dariya Shpg. 04/01

CJ-VIII MV TS Bravo DBC 09/01

CJ-IX VACANT

CJ-X VACANT

CJ-XI MV SSL Kochi Transworld 04/01

CJ-XII MV Kashan Armita Shpg. 05/01

CJ-XIII MV Meghna Harmony BS Shpg. 05/01

CJ-XIV MV Wooyang Dandy Chowgule Bros. 07/01

CJ-XV MV Obe Queen Ocean Harmony 05/01

CJ-XVA MV African Finch Synergy Seaport 05/01

CJ-XVI MV Meghna Adventure Interocean 06/01

Tuna Tekra Steamer's Name Agent's Name ETD

VACANT

Oil Jetty Steamer's Name Agent's Name ETD

OJ-I LPG/C IGLC Hope Seaworld Shpg. 04/01

OJ-II MT Bow Platinum GAC Shpg. 04/01

OJ-III MT Asia Liberty J M Baxi 04/01

OJ-IV MT Camella

OJ-V LPG/C Waregam GAC Shpg. 04/01

OJ-VI VACANT

T. Rice In Bags 2022121009

Stream MV Bao Tong 1 Rishi Shpg. 20,205 CBM Pine Logs 2022121009

03/01 MT Chem Tauras Samudra 1,000 T. Chem.

Stream MT Dawn Mansarovar MK Shpg. 12,000 T. FO

Stream MV Jaohar UK Interocean Sudan 26,500 T. Sugar In Bags 2022121114

Stream MV Jupiter DBC Port Sudan 23,073 T. Sugar Bags 2022121036

Stream MV Katya ATK GAC Shpg. U.S.A. 11,000 T. SBM 2022121380

CJ-III MV Lady Demet DBC Sudan 29,000 T. Sugar Bags (50 Kgs) 2022121157

CJ-XVI MV Meghna Adventure Interocean U.A.E. 55,000 T. Sugar Bulk

CJ-XIII MV Meghna Harmony BS Shpg. 55,500 T. Salt 2022121389

Stream MV Mont Blanc Hawk Interocean 71,780 T. Sugar Bulk 2022121042

Stream MV Neptune J DBC Sudan 23,000 T. Sugar Bags 2022121048

Stream MV Obe Heart Interocean Sudan 31,600 T. Sugar Bags 2022111247

CJ-XV MV Obe Queen Ocean Harmony Sudan 40,100 T. Sugar In Bags 2022121014

08/01 MT Oriental Tulip Allied Shpg. Hazira 2,500 T. C. Oil

05/01 MT Oriental Viola Allied Shpg. Rottardam 14,800 T. C. Oil

Stream MV Panoria Arnav Shpg. Abidjahan 35,500/ 14,000 T.Rice Bags/Bulk 2022121287

Stream MT Penna Samudra 7,100 T. Styrene Monomer 2022121319

Stream MV Qi Cheng 3 J M Baxi China 35,230 T. Salt 2022121345

CJ-I MV Sabeel Star Interocean Sudan 24,000 T. Sugar Bags

07/01 MV Sea Pegasus Aditya Marine 30 Windmill Blade 2022121381

Stream MV Tai Harvest BS Shpg. Madgaskar 20,850/16,000 T.Rice Bags 25kg/1 2022121351

Stream MV Teacher O DBC Somalia 11,000 T. Rice Bags (25 Kgs) 2022121351

36,397 JCBM

Logs 2022121262

CJ-VII MV Bulk Mustique Dariya Shpg. 57,075 T. SA Coal 2022121297 CJ-V MV Ioanna Pol Synergy Seaport Malaysia 26,274 T. CBM T. Logs 2022121354 07/01 MV Lancang River J M Baxi China 6,500 T. Wood Pulp CJ-II MV New Noble DBC Japan 5,504/196/14/13 T.CRC/S Pipes/S Plat 2022121317 03/01 MV Poavosa Genesis 7,000 T. S. Scrap 04/01 MV Rubaiyat Hanif Genesis 39,565 T. Iron Ore CJ-VI MV Shikoku Island Synergy Seaport Australia 38,376 JCBM Pine Logs 2022121263

Stream MV Spar Lynx Aditya Marine 26,383 T. Iron Ore Fines 2022121360

Stream MV Star Altair Genesis 54,239 T. Cooking Coal 2022121344 03/01 MV Team View Interocean 32,999 T. DAP 05/01 MV True Cardinal Tauras 78,388 T. Coal CJ-VIII MV TS Bravo DBC Australia 35,665 T. JAS Pine Log 2022121271

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

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

FOR INDIAN SUB CONTINENT

PORT PIPAVAV

06/01 06/01-AM

06/01 13/01 13/01-AM

(MECL) 13/01 TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW

ZEALAND AND

PACIFIC

ISLANDS

09/01 09/01-AM

Juliet 026WE 22434

Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 09/01 ONE ONE (India) (TIP) 08/01 08/01-AM

Hong Kong 059 22429 COSCO COSCO Shpg. Singapor,Cai Mep,Hongkong,Shanghai,Ningbo,Schekou,Nansha (CI1) 08/01 08/01 08/01-AM Shijing 301E 22425

Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 08/01 15/01 15/01-AM Seaspan Lumaco 302E 22431 Ningbo, Tanjung Pelepas. (FM3) 15/01 08/01 08/01-AM Zim Charleston 10E 22427 APL/OOCL DBC & Sons/OOCL(I) Port Kelang, Singapore, Hong Kong, Xingang, Dalian, Qingdao, 08/01 Gold Star Star Shipping Busan (Ex. Pusan), San Pedro, Kwangyang, Chiwan. (CIXA) 11/01 11/01-AM One Competence 083E 22415 ONE ONE (India) West Port Kelang, Singapore, Leam Chabang, Busan, Sanshan, 11/01 Ningbo, Sekou, Cai Mep. (PS3)

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

06/01 06/01-AM Big Dog 301W 22423 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam, Mundra (Shaheen) 06/01 06/01 06/01-AM Maersk Chicago 252W 22433 Maersk Line Maersk India Salalah, Jebel Ali, Port Qasim. 06/01 13/01 13/01-AM Maersk Denver 301W 22426 (MECL) 13/01

TBA SLS SLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1)

TBA SCI J. M Baxi Jebel Ali. (SMILE)

TBA X-Press Feeders Merchant Shpg. Jebel Ali, Sohar (NMG)

TBA SLS SLS Mangalore, Kandla, Cochin.(WCC)

TO LOAD FOR INDIAN SUB CONTINENT PORTS

08/01 08/01-AM Irenes Bay 301S 22424 Maersk Line Maersk India Colombo, Bin Qasim, Karachi (JADE) 08/01 08/01 08/01-AM Shijing 301E 22425 SCI J. M Baxi Colombo. (FM3) 08/01 08/01 08/01-AM Xin Hong Kong 059 22429 COSCO COSCO Shpg. Karachi, Colombo (CI1) 08/01 08/01 08/01-AM Zim Charleston 10E 22427 OOCL/APL OOCL(I)/DBC Sons Colombo. (CIXA) 08/01 09/01 09/01-AM Wide Juliet 026WE 22434 X-Press Feeders Merchant Shpg. Karachi, Muhammad Bin Qasim. 09/01 ONE ONE (India) (TIP)

TO LOAD FOR US & CANADA WEST COAST

06/01 06/01-AM Maersk Chicago 252W 22433 Maersk Line Maersk Line India Newark, North Charleston, Savannah, Huston, Norfolk. 06/12 13/01 13/01-AM Maersk Denver 301W 22426 Safmarine Maersk Line India (MECL) 13/01 09/01 09/01-AM Wide Juliet 026WE 22434

China launches Direct Shipping Line to Chabahar Port

TEHRAN: The first container ship departing from China docked at Iran’s key port of Chabahar marking the establishment of the first direct shipping line between China and Iran’s southeastern seaport, Mr. Amir Moghadam, the MD of the Chabahar Free Zone Organization,announced.

According to Moghadam, Chinese ships previously unloadedinBandarAbbas,thecapitalcityofthesouthern province of Hormozgan, with their cargos then being transferred to Chabahar in Sistan-Baluchestan Province viasmallerships.

With the establishment of the direct shipping line between China and Chabahar, cargos are delivered ten days earlier, while the cost of loading and unloading is reducedby$400percontainer,theofficialexplained.

In addition, the establishment of the mentioned shipping line plays a great role in the development of transitviaChabaharPort,headded.

As Iran’s only oceanic port on the Gulf of Oman, Chabahar port holds great significance for the country both politically and economically. The country has taken

serious measures for developing this port in order to improvethecountry’smaritimetrade.

In this regard, the Islamic Republic has been welcoming investors from all over the world to take part in the development of this port and benefit from its distinguished position as a trade hub in the region.

Chabahar port consists of Shahid Kalantari and Shahid Beheshti terminals, each of which has five berth facilities. The port is located in Iran’s SistanBalouchestan Province and is about 120 kilometers southwest of Pakistan’s Baluchistan province, where the China-fundedGwadarportissituated.

In May 2016, India, Iran, and Afghanistan signed a trilateral agreement for the strategically-located Chabahar to give New Delhi access to Kabul and Central Asia.

Based on an agreement with Iran, India is going to install and operate modern loading and unloading equipment including mobile harbor cranes in Shahid BeheshtiPortinChabahar.

Wan Hai sees pre-festive mild boost; not pessimistic about contract discussions

SINGAPORE:

Wan Hai Lines’ General Manager Tommy Hsieh has said at a media briefing that despite the recent downward trend in freight rates, the Taiwanese companyis‘notpessimistic’aboutnegotiationsforlongtermshippingcontractsonTranspacificlines.

Hsieh said that Wan Hai has seen a mild uptick in freight rates ahead of Chinese New Year in January and that while freight rates have been correcting, he believes that cargo volumes should recover in mid-2023 as US retailersstartrestocking.

He said, “We have seen higher cargo volumes as shippers rush to get their exports out before Chinese New Year (on 23 January 2023), but the container numbersaren’tasgoodaslastyear’s.Vesselutilizationis now 90% to the US West Coast and 85% to the US East Coast. Right now, demand has not improved, and the retail inventory is slow to be drawn down. However, we thinkrestockingshouldstartinthemiddleofnextyear.”

Wan Hai, having taken delivery of several 13,000 TEU

ships,hasalsoadjusteditscapacitydeployment.

Hsieh explained, “At the height of the Covid-19 pandemic, the demand for shipping to the US surged, and Wan Hai transferred small and medium-sized ships from the intra-Asia routes to the Transpacific; now that demandinEuropeandtheUShasweakened,thereduced freight rates mean that it’s no longer economically beneficial to deploy these vessels to long-haul routes. So Wan Hai has put the 13,000 TEU ( 20-foot container) shipsontheTranspacific,and transferredthesmallandmedium-sizedshipsbackto theintra-Asialanes.”

Primarily an intra-Asia carrier, Wan Hai restarted Transpacific services when freight rates hit historical highsin2020.Inthefirstninemonthsof2022,Transpacific volumes contributed 44% to Wan Hai’s turnover, whileintra-Asiacargoesaccountedfor27%.

Addressing overcapacity concerns, Hsieh said that from 2023, the new regulations on carbon emissions, particularly carbon intensity indicator (CII) compliance, could spur scrappingof older ships.Thiscould take 6% to 10%ofthefleetoutofthemarket,saidHsieh.

Global Ports to consolidate Russian Terminals

CYPRUSS: Global Ports Investments PLC has announced that it had entered into binding agreements withCMATerminalsoncashfreesharesswap.

In exchange for 25% of Multi Link Terminals Ltd Oy, Finland, Global Port will receive 25% of CD Holding Oy, Finland, and 25% of Multi Link Terminals Ltd, Ireland, which own Yanino Logistics Park (LP) and Moby Dik

(MD)respectively.

According to Global Ports, this will allow the Russian port and terminal operator to concentrate its full control over Russian terminals and to ensure its flexibility in creating value in the rapidly changing Russian stevedoring market. The company’s share in Finnish Portswilldecreasefrom75%to50%.