MUM-03-04-2023

SeePg.7

JNPA creates History by handling over

NAVI MUMBAI – Jawaharlal Nehru Port Authority (JNPA), a Premier Container handlingPortinIndia,handlingaround50%of the total containerized cargo volume, across the Major Ports has created a New Milestone for the first time since inception by handling over 6 million TEUs in FY 2023 under the Dynamic Leadership of Shri Sanjay Sethi, IAS, Chairman JNPA and Shri Unmesh Sharad Wagh, IRS, Deputy Chairman. In all JNPA handled 60,50,901 TEUs (56,84559 TEUs) in FY 2023 registering a growth of 6.4 % over previous year. Total Tonnage handled increased by

almost 10% from 75.99MMT to 83.49 MMT in FY 2023. CurrentlyJNPAoperatesfiveContainerTerminals:

Commerce Minister launches Foreign Trade Policy 2023 Refer Page 6 & 15

6 Mn TEUs in FY 2023

Bahri Line launches Direct service from Ennore to Jeddah, Europe

MUMBAI: Bahri Line has launched a new service ex Ennore to Jeddah-Saudi Arabia, MontoirFrance, Bremerhaven-Germany andAntwerp-Belgium.

MMD3 opts for BCBA Digital Platform

MUMBAI - Master Marine Services, India's foremost Marine Cargo survey firm is happy to announce its decisiontobecomepartofthe digital platform set up by BCBA. The digital platform set up by BCBA to help its members to digitally transact with various stakeholderswillhelpmemberstotransmitdatatoMMD3.

Bahri Line launches Direct service from Ennore to Jeddah, Europe

Cont’d. from Pg. 3

The service was launched with the maiden voyage call made by Bahri Yanbu v- FEBYN001 from Ennore Port . The service inauguration was graced by the Chairman of Ennore Port, Mr Sunil Paliwal, the DirectorLine for Bahri Line, Mr Rajith Aykkara, and Director of Radiant Maritime India Pvt. Ltd,-Mr Rebydas Nair, along with customersandportofficials,informedarelease.

This new service will be opening up opportunities for Indian customers to access markets in the Middle East and Europe with a regular liner service ex Ennore. As Bahri Line is one of the largest project cargo vessel operators in the world, connecting Asia, Europe, Africa, North America and South America, it offers regular and reliable direct services to and fromIndiaconnectingallthesecontinents.

Mr Sunil Paliwal, while addressing the gathering on the occasion, said that earlier Bahri was connecting Ennore Port to North America, but it will now connect to North America, China, SaudiArabiaandEurope,whichincludesGermany, Belgium and France. It is very special to the port as the people handling such a variety of cargo need to be experts in their respective fields to dothejob.Hehopedthattheservicewillbeverysuccessful.

MrRajithAykkara inhisaddress,said thatwiththisservice, the company is entering the European market. It will be a dedicated service from China to India and then India to Europe throughSaudiArabia.

Mr.RebydasNair inhisaddressthankedBahriLinefortaking the initiative for launching the service ex Ennore into Europe, which has been a long pending demand by the Indian trade fraternity to have a direct connectivity into Europe. He mentioned that Radiant Maritime India Pvt Ltd (as agents for BahriLineon PanIndiabasis),withitsproficiencyinthebreakbulk,projectand ROROcargosegmentswillaugmentmarketcoverageacrossIndia. He further mentioned that Radiant Maritime India Pvt Ltd

possessesthedexterityrequiredtosellaserviceofferingmultiple loading modes (container, breakbulk, RORO), all on the same vessel and the addition of new services will only enhance Bahri Line’s market share in India. Mr. Rebydas Nair also profusely thanked Hon Chairman- Shri Sunil Paliwal for his efforts to make Ennoreoneofthebestserviceproviderportintheregion.

Looking at the growth of the Indian economy and the need to connect the world, Bahri Line plays a strategic role to ensure that its services connect Indian ports to the Major Ports of the globe. The shipping sector is playing a major role in boosting the economy and believes more opportunities and growth are comingtotheIndianmarket.

Bahri Line’s major focus is to expand its network globally and offer a multiple-service network to the trade. It plans to offer connections to multiple continents from Indian ports withmoreRoConvessels,aspertherelease.

MMD3 opts for BCBA Digital Platform

Cont’d. from Pg. 3 MMD3 portal is designed as a one stop portal for Custom Brokers, Importers, ExportersFreightForwarders,NVOCC’stocarryoutthe following:

Exports:-

•TransmissionofShippingBillOnlinefor:

•EVGM•E-Form6,8,11&13

•E-CartIn•E-Insurance

•E-Forwarding Note (Provisional & Final) for ICDOperations

•SCMTR.

E-ShippingBill:- MMD3offerthetradetouploadthe Shipping Bill document on a digital platform instead of handing over the documents physically at the counter of the liner/agency offices. The same will be processed by thebackendteamandthereafteruponapprovalthesame data can be processed for the Container Load Plan and also for the Export General Manifest in ICEGATE in quicksessionandinanerrorlessmanner.

MMD3 E-VGM :- Compliance solution, makes it easier for your business to comply with the IMO regulation and electronically submit VGM documentation to any shipping line through EDI. It also enables to authorize a third party to submit the VGM on

your behalf. MMD3 EVGM integrates easily with thirdpartyWeightProvidersandTerminalWeighStations.

E-FORWARDING NOTE :- Any shipper / exporter / CHAcanbookanE-Forwardingnotethroughoursystem with relevant data and then submit to the Shipping liners to verify and issue the same to the Transport Carriers. Thiswillhelptoexpeditefastermovementofdocuments, whichcanbeverified.

Master Marine Services, Managing Director Xerrxes Master stated : We are very excited about this partnership, as it reinforces our dedication to serving stakeholders in the marine industry and supporting them in managing and expanding their core business. Our services on the MMD3 portal will provide our partners with digital solutions to manage their documentation electronically. We are committed to enhancing the efficiency and effectiveness of import/export processes in the maritime industry, and working with BCBA on their digital platform will enable ustocreateEODBforCustomBrokersandTrade.

BCBAaddedthattheyhavecreatedadigitalplatform with SSOID for its members to digitally operate with various stakeholders such as Custodian, Shipping Lines, Consolidators,CFS’setc.

WearehappythatMMD3haschosentobepartofthis digital platform to serve our members, concludes the BCBAStatement.

Commerce Minister launches Foreign Trade Policy 2023

NEW DELHI: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal launched the Foreign Trade Policy 2023 saying that it is dynamic and has been kept open ended to accommodate theemergingneedsofthetime.

He stated that the policy had been under discussion for a long time and has been formulated after multiple stakeholder consultations. India's overall exports, including services and merchandise exports, has already crossed US$ 750 Billion and is expected to cross US$760Billionthisyear,hesaid.

The Minister referred to the interaction that Prime Minister, Shri Narendra Modi with the exporters on 06th August, 2021 and encouraged them to increase exportsandgetmoredeeplyinvolvedintheglobalvalue chain. He lauded the vision and guidance of the Prime Minister who believed that given the size of the Indian economy and manufacturing & service sector base, the potential for the country to grow is manifold. He said thatthisvisionisatthecoreofthepolicy.

The Minister noted that the remarkable achievement in the overall export figure of crossing US$ 760 Billion in these challenging times across the world has been the result of enthusiasm and encouragement pumped in by the Prime Minister. He said that this achievement is in sync with the target set in the roadmap in 2021 after the interaction with the PrimeMinister.

He stressed that every opportunity for export must be captured and utilised effectively. He also mentioned that in the next 5 months during India’s G20 presidency there should be a massive concentrated outreach with theworldbothsector-wiseandcountry-wise.

The release of the policy was also attended by Union Minister of State for Commerce & Industry, Smt. Anupriya Patel, Commerce Secretary, Shri Sunil Barthwal and Member Customs, Central Board of Indirect Taxes and Customs, Shri Rajiv Talwar. Director General of Foreign Trade, Shri Santosh Kumar Sarangi gave a detailed presentation on the policy.

The Key Approach to the policy is based on these 4 pillars: (i) Incentive to Remission, (ii) Export promotion through collaboration - Exporters, States, Districts, Indian Missions, (iii) Ease of doing business, reduction in transaction cost and e-initiatives and (iv) Emerging Areas – E-Commerce Developing Districts asExportHubsandstreamliningSCOMETpolicy.

Foreign Trade Policy (2023) is a policy document which is based on continuity of time-tested schemes facilitating exports as well as a document which is nimbleandresponsivetotherequirementsoftrade.Itis based on principles of ‘trust’ and ‘partnership’ with exporters. In the FTP 2015-20, changes were done subsequent to the initial release even without announcementofanewFTPrespondingdynamicallyto the emerging situations. Hereafter, the revisions of the FTP shall be done as and when required.Incorporating feedback from Trade and Industry would also be continuous to streamline processes and update FTP, fromtimetotime.

The FTP 2023 aims at process re-engineering and automation to facilitate ease of doing business for exporters. It also focuses on emerging areas like dual use high end technology items under SCOMET, facilitating e-commerce export, collaborating with StatesandDistrictsforexportpromotion.

The new FTP is introducing a one-time Amnesty Scheme for exporters to close the old pending authorizationsandstartafresh.

The FTP 2023 encourages recognition of new towns through “Towns of Export Excellence Scheme” and exporters through “Status Holder Scheme”. The FTP 2023 is facilitating exports by streamlining the popular Advance Authorization and EPCG schemes, and enablingmerchantingtradefromIndia.

ProcessRe-EngineeringandAutomation

Greater faith is being reposed on exporters through automated IT systems with risk management system for various approvals in the new FTP. The policy emphasizes export promotion and development, moving away from an incentive regime to a regime which is facilitating, based on technology interface and principles of collaboration. Considering the effectiveness of some of the ongoing schemes like Advance Authorisation, EPCG etc. under FTP 2015-20, theywillbecontinuedalongwithsubstantialprocessreengineering and technology enablement for facilitating the exporters. FTP 2023 codifies implementation mechanisms in a paperless, online environment, building on earlier 'ease of doing business' initiatives. Reduction in fee structures and IT-based schemes will make it easier for MSMEs and others to access export benefits.

Duty exemption schemes for export production will nowbeimplementedthroughRegionalOfficesinarulebased IT system environment, eliminating the need for manual interface. During the FY23-24, all processes under the Advance and EPCG Schemes, including issue,re-validation,andEOextension,willbecoveredin a phased manner. Cases identified under risk management framework will be scrutinized manually, while majority of the applicants are expected to be coveredunderthe'automatic'routeinitially.

TownsofExportExcellence

Four new towns, namely Faridabad, Mirzapur, Moradabad, and Varanasi, have been designated as Towns of Export Excellence (TEE) in addition to the existing 39 towns. The TEEs will have priority access to export promotion funds under the MAI scheme and will be able to avail Common Service Provider (CSP) benefits for export fulfillment under the EPCG Scheme. This addition is expected to boost the exports of handlooms,handicrafts,andcarpets.

FOR

NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

Le Havre, Rotterdam, Dunkirk, Felixstowe, Hind Terminals

Helsingborg, Gothenburg & Red Sea, Mediterranean, Gioia Tauro (D).

(EPIC

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

North Continent, Red Sea & Med. Ports. Team Global Team Global Log.

North Continent & Scandinavian Ports.

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

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

TO LOAD FOR BLACK SEA, EAST EUROPE & C.I.S PORTS from NSICT

TO

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

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

TO LOAD FOR WEST ASIA GULF PORTS From NSICT

Sima Marine Jebel Ali, Bandar Abbas.

Group Transworld Shpg. Jebel Ali, Bandar Abbas.

Emirates Shpg. Jebel Ali, Sohar.

Feeders Sea Consortium Jebel Ali, Bandar Abbas.

LMR Logistic Ser. Jebel Ali, Bandar Abbas.

QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas.

Cordelia Cordelia Cont. Jebel Ali, Sharjah, Abu Dhabi, Ajman, Dammam,Jubail, Hamad, Baharin, Shuaiba, Shuwaikh, Sohar, Umm Qasr

Alligator Shpg. Aiyer Shpg. Jebel Ali.

CFS

BSS Bhavani Shpg. Jebel Ali, Doha, Kuwait, Bahrain, Bandar Abbas. Ashte CFS

Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports.

Bay Line Freight Conn. Port Sudan & Al Sokhna

ICC Line Neptune UAE & Upper Gulf Ports.

Ceekay Parekh Gulf Ports.

Team Leader Team Leader Dubai, Jebel Ali

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

&

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING

CHINA & JAPAN PORTS from GTI

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

TO

TO

TO

LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

FOR AUSTRALIA & NEW ZEALAND PORTS from BMCT

FOR EAST, WEST & SOUTH AFRICAN PORTS from NSFT

FOR EAST, WEST & SOUTH AFRICAN PORTS from NSICT

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

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

MUMBAI ETA ETD Vessel's Voy Rot Carting Line Agents Will Load For Name No No & Dt Point

TO LOAD FOR UK, NORTH CONT, SCAN, BLACK SEA, EAST EUROPE & CIS PORTS

TO LOAD FOR MED / RED SEA & WEST ASIA GULF PORTS

04/0407/04 Han Yi (Sing) 2301E 268822-27/03 Mitsutor Umm Qasir

TO LOAD FOR KARACHI, COLOMBO, YANGOON AND BANGLADESH PORTS

TO LOAD FOR USA, CANADA, ATLANTIC & PACIFIC, SOUTH-CENTRAL AMERICA & WEST INDIES PORTS

TO LOAD FOR FAR EAST / EAST, WEST & SOUTH AFRICA / AUSTRALIA & NEW ZEALAND PORTS 06/0407/04

NOTICE TO CONSIGNEES

The above vessel has arrived at NHAVA SHEVA (GTI) on 03/04/2023 with Import Cargo in containers.

118. GOSUXNG1021009

119. GOSUXNG1170087

120. GOSUXNG1402538

121. GOSUXNG1684685

122. GOSUSHH31013500

123. GOSUSHH31013501

124. GOSUSHH31013502

125. GOSUSHH31013503

126. GOSUSHH31013506

127. GOSUSHH31013615

128. GOSUSNH1638725

129. GOSUSNH8435575

130. GOSUSNH1638724

131. GOSUSNH8435677

132. F0CNDL230308

133. GOSUSNH8435535

134. GOSUXIA8313393

135. HAHS23030280

136. GOSUSNH8435389

137. DXG2303638

138. GOSUSNH1734046

139. GOSUSNH5481762

140. GOSUXNG1700608

141. GOSUZJG1087075

142. GOSUWUU1021519

143. GOSUSNH8436278

144. GOSUXIA8314382

145. GOSUBKK80269438

146. GMSUORF1090870

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

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.

Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods.

For detailed information on cargo availability please contact our office.

For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444

Container Movement to : OCEAN GATE CONTAINER

As Agents :

Item Nos. B/L NOS.

Commerce Minister launches Foreign Trade Policy 2023

Cont’d. from Pg. 6

RecognitionofExporters

Exporter firms recognized with 'status' based on export performance will now be partners in capacitybuilding initiatives on a best-endeavor basis. Similar to the'eachoneteachone'initiative,2-starandabovestatus holders would be encouraged to provide trade-related training based on a model curriculum to interested individuals. This will help India build a skilled manpower pool capable of servicing a $5 Trillion economy before 2030. Status recognition norms have been re-calibrated to enable more exporting firms to achieve 4 and 5-star ratings, leading to better branding opportunities in exportmarkets.

Promotingexportfromthedistricts

The FTP aims at building partnerships with State governments and taking forward the Districts as Export Hubs (DEH) initiative to promote exports at the district levelandacceleratethedevelopmentofgrassrootstrade ecosystem. Efforts to identify export worthy products & services and resolve concerns at the district level will be madethroughaninstitutionalmechanism–StateExport Promotion Committee and District Export Promotion Committee at the State and District level, respectively. District specific export action plans to be prepared for each district outlining the district specific strategy to promoteexportofidentifiedproductsandservices.

StreamliningSCOMETPolicy

Indiaisplacingmoreemphasisonthe"exportcontrol" regime as its integration with export control regime countries strengthens. There is a wider outreach and understanding of SCOMET (Special Chemicals, Organisms, Materials, Equipment and Technologies) amongstakeholders,andthepolicyregimeisbeingmade more robust to implement international treaties and agreements entered into by India. A robust export control system in India would provide access of dual-use High end goods and technologies to Indian exporters while facilitating exports of controlled items/technologiesunderSCOMETfromIndia.

FacilitatingE-CommerceExports

E-commerce exports are a promising category that requires distinct policy interventions from traditional offline trade. Various estimates suggest e-commerce exportpotentialintherangeof$200to$300billionby2030.

FTP 2023 outlines the intent and roadmap for establishing e-commerce hubs and related elements such as payment reconciliation, book-keeping, returns policy, and export entitlements. As a starting point, the consignment wise cap on E-Commerce exports through courier has been raised from Rs. 5Lakh to Rs. 10 Lakh in the FTP 2023. Depending on the feedback of exporters, this cap will be further revised or eventually removed.

Integration of Courier and Postal exports with ICEGATE will enable exporters to claim benefits under FTP. The comprehensive e-commerce policy addressing the export/import ecosystem would be elaborated soon, based on the recommendations of the working committee on e-commerce exports and inter-ministerial deliberations. Extensive outreach and training activities will be taken up to build capacity of artisans, weavers, garment manufacturers, gems and jewellery designers to onboard them on E-Commerce platforms and facilitatehigherexports.

Facilitation under Export Promotion of Capital Goods(EPCG)Scheme

The EPCG Scheme, which allows import of capital goods at zero Customs duty for export production, is being further rationalized. Some key changes being addedare:

• Prime Minister Mega Integrated Textile Region and Apparel Parks (PM MITRA) scheme has been added as an additional scheme eligible to claim benefits under CSP(Common Service Provider) Scheme of Export PromotioncapitalGoodsScheme(EPCG).

• Dairy sector to be exempted from maintaining Average Export Obligation – to support dairy sector to upgradethetechnology.

• Battery Electric Vehicles (BEV) of all types, VerticalFarmingequipment,WastewaterTreatmentand Recycling, Rainwater harvesting system and Rainwater Filters, and Green Hydrogen are added to Green Technology products – will now be eligible for reduced ExportObligationrequirementunderEPCGScheme FacilitationunderAdvanceauthorizationScheme

Advance authorisation Scheme accessed by DTA units provides duty-free import of raw materials for manufacturing export items and is placed at a similar footing to EOU and SEZ Scheme. However, the DTA unit has the flexibility to work both for domestic as well as export production. Based on interactions with industry and Export Promotion councils, certain facilitation provisionshavebeenaddedinthepresentFTPsuchas

• Special Advance Authorisation Scheme extended to export of Apparel and Clothing sector under para 4.07 of HBP on self-declaration basis to facilitate prompt execution of export orders – Norms would be fixedwithinfixedtimeframe.

• Benefits of Self-Ratification Scheme for fixation of Input-Output Norms extended to 2 star and above status holders in addition to Authorised Economic Operatorsatpresent.

Merchantingtrade

To develop India into a merchanting trade hub, the FTP 2023 has introduced provisions for merchanting trade. Merchanting trade of restricted and prohibited items under export policy would now be possible. Merchanting trade involves shipment of goods from one foreign country to another foreign Country without touching Indian ports, involving an Indian intermediary. This will be subject to compliance with RBI guidelines, and won’t be applicable for goods/items classified in the CITESandSCOMETlist.Incourseoftime,thiswillallow IndianentrepreneurstoconvertcertainplaceslikeGIFT city etc. into major merchanting hubs as seen in places likeDubai,SingaporeandHongKong.

AmnestyScheme

Finally, the government is strongly committed to reducing litigation and fostering trust-based relationships to help alleviate the issues faced by exporters. In line with "Vivaad se Vishwaas" initiative, which sought to settle tax disputes amicably, the Government is introducing a special one-time Amnesty Scheme under the FTP 2023to address default on Export Obligations. This scheme is intended to provide relief to exporterswhohavebeenunabletomeettheirobligations under EPCG and Advance Authorizations, and who are burdened by high duty and interest costs associated with pendingcases.Allpendingcasesofthedefaultinmeeting Export Obligation (EO) of authorizations mentioned can be regularized on payment of all customs duties that were exempted in proportion to unfulfilled Export Obligation. The interest payable is capped at 100% of these exempted duties under this scheme. However, no interest is payable on the portion of Additional Customs Duty and Special Additional Customs Duty and this is likelytoproviderelieftoexportersasinterestburdenwill come down substantially. It is hoped that this amnesty will give these exporters a fresh start and an opportunity tocomeintocompliance.

India is ready for Rupee trade with countries facing currency crisis : Commerce Secretary

NEW DELHI : Commerce

Secretary Sunil Barthwal on Friday said India is ready to trade in Indan Rupee with countries which are facing currency failure or have dollar shortage. Speaking after the unveiling of Foreign Trade Policy (FTP) 2023 which seeks to increase India’s exports to $2 trillion by 2030, the secretary also said the Government is focusing on

strengthening the rupee payment system.

Changes have been made in the FTP to allow international trade settlement in Indian Rupee with a viewtomakingINRaglobalcurrency. Addressingthegathering,Commerce and Industry Minister Shri Piyush Goyal exuded confidence that the export target of $ 2 trillion by 2030 will bemet.

He stressed that any industry cannot succeed only on the basis of subsidy or crutches. In the coming days, the idea of exports will change in the Country, Goyal said. FTP 2023 has been announced to provide policy continuity and a responsive framework, said Director General of Foreign Trade (DGFT) Santosh Sarangi.

Piyush Goyal : India remains ‘bright spot’ amid Global uncertainty

NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal recently said India was in the ‘bright spot’ amid a series of economic challengesfacedbymanycountries.

The minister said some reports suggested that India was going to be the fastest-growing economy in the coming times and had been able to consistently maintain high growth and meet the Covid-19 challenges efficiently.

“Developed economies, particularly, are in the midst of high inflation,lowgrowth,joblosses.Many developing nations are facing foreign exchange crisis. Amidst all these challenges, India is the bright spot,” GoyalsaidonthefinaldayoftheG20’s first trade and investment working groupinMumbai.

Thetradeandinvestmentworking groupmeeting,chairedbyCommerce Secretary Sunil Barthwal over three days,aimedtoaddressthechallenges in areas, such as trade, sustainability, building resilient supply chains, inclusive growth, and sustaining growthinyearstocome.

The final day of the meeting saw deliberations over integrating the micro, small, and medium enterprises globally, building efficient logistics for trade, and leveraging digital infrastructure, which has been one of India’s strengths over the past fewyears.

“We aim to use technology in every spheretoservethepeopleofIndiaina bigway.Today,weareshowcasingour developmentalmodeltotherestofthe world,”Goyalsaid.

FTAprogress

Goyal said the ongoing free trade agreement (FTA) negotiations with the United Kingdom (UK), Canada, and the European Union (EU) were going well. A launch date towards a trade agreement with the Gulf Cooperation Council (GCC) is also beingdiscussed.

Apart from that, India is in

discussion with countries such as Israel and Bangladesh towards initiating FTA talks. The European Free Trade Association (EFTA), consisting of four nations — Iceland, Switzerland, Norway, Liechtenstein —ministerswerealsovisitingIndiain ApriltoexploreFTAtalks.

“EFTA have assured me that they will be coming with attractive proposals, in terms of opening up services and a deeper understanding of India’s own concerns around our patent laws and the need to protect ourdomesticindustry,”hesaid.

DCSA releases Track & Trace Standard version 3.0 beta

The release supports enhanced visibility for mulple modes of transport and cargo types.

AMSTERDAM: DCSA has released version 3.0 beta of its Track & Track (T&T) Standard, as well as beta versions of API definitionsforreeferandinternetofthings(IoT)events.Together, these releases support enhanced visibility into track and trace eventsformultiplemodesoftransportandcargotypes.

Key features include:

• Support for additional document types, including customs andauthoritycertificates

• Essential events for trans-shipment and availability for pick-upanddrop-off

• Additionalfieldsfordatareportingfromothermodesoftransport, suchaschassisnumber,railserviceandbargedetails

• A push model for API subscription, including identity of

eventsource.

Providing standardised event and data definitions and common communication protocols, DCSA T&T standards enable continuous access to timely, accurate and actionable shipping information for organisations that have adopted them. Widespreadadoptionof DCSA T&Tstandardswillallow cargo owners and service providers to optimise supply chain operations for themselves and their customers by enabling moreeffective,data-drivendecisionmaking.

Open

for feedback

DCSA Standards for T&T 3.0 beta and API definitions, including reefer and IoT events, are now open to public review andfeedbackforasix-monthperiod.

WCO standards ensures transparency and predictability of Global Trade : WCO Secretary General

SINGAPORE: The International Chamber of Commerce (ICC), the Secretary General of the World Customs Organization (WCO), Dr. Kunio Mikuriya, spoke about WCO initiatives on data and technology at the ICC Future Trade ForumheldinSingaporeon30March2023.

After being introduced by the Secretary General of the ICC, Mr. John Denton, Dr. Mikuriya presented WCO standards that ensure transparency and predictability of trade, and described how technology could be used to support the sound development of a digitalized trading system. While welcoming and encouraging private sector initiatives to standardize trade data,includingtheDigitalStandardsInitiativesupportedbythe ICC, he suggested considering the use of the WCO Data Model as a basis for such initiatives. This would facilitate the development of business standards offering interoperability withbusiness-governmentstandards.

Dr. Mikuriya also took this opportunity to meet with the

Director General of Singapore Customs, Mr. Tan Hung Hooi, to discuss issues related to Singapore Customs and to Association of Southeast Asian Nations (ASEAN) integration. In addition, he participated in a roundtable meeting with Singapore International Chamber of Commerce to exchange views on the way forward for CustomsBusinesspartnerships.

Secretary General Mikuriya also met with the Executive Director of the Asia-Pacific Economic Cooperation (APEC) Secretariat, Dr. Rebecca Fatima Sta Maria, and her team to explorefurtheravenuesforcooperation.

New FTP to boost Trade, Manufacturing, Exports, EoDB & promote Rupee as Global currency : FIEO President

NEWDELHI:WelcomingthenewForeignTradePolicy2023, FIEO President, Dr A Sakthivel has said that the new Foreign Trade Policy is designed to facilitate greater trade, boost manufacturing, promote exports, further enable ease of doing business and also work towards making Indian Rupee a global currency, adding further impetus to India’s emergence as the global trading hub. The shift this time has been from incentivebased regime to a remission and entitlement-based regime. Terming this as a dynamic FTP without an end date, FIEO President added that it maintains policy continuity with a window for the trade and industry to ensure a responsive and nimble approach keeping in view the needs and requirements of thetradeintunewiththeemergingsituationintheWorldtrade.

Dr Sakthivel also said that focus the FTP 23 has been mainly on four pillars including moving on from incentives to remissions, export promotion through collaborations, ease of doing business, reduction in transaction cost and technology interface and focus on emerging areas e-commerce, developing district as export hubs and streamlining SCOMET policy with a focus on cutting technology products. The Policy has rightly emphasised on key elements including of ease of doing business with reduction in transaction cost and e-initiatives. Online approvals with physical interface, reduction in user charges for MSMEs under AA and EPCG, E-certificate of origin, paperless filing of export obligation discharge applications will not only reduce the transaction time and cost for the exporters but will also help them in timely discharge of the export contract, added DrASakthivel.

FIEO Chief added that Status Holder export thresholds are being rationalised enabling more exporters to achieve higher status at reduced transaction cost. Four new towns of export excellence have been added to the existing 39 giving thrust to cluster based economic development. Dr Sakthivel reiterated thatthepolicyhasinitiatedtocreateaninstitutionalmechanism at the State and District level to promote identified products and services, which will further help in giving boost to the MSMEs

and creation of employment across all sectors of economy. Capacity building, infrastructure and logistics development through training, handholding, outreach programmes, creation of testing facilities and connectivity for exports will help in further value-addition thereby making Indian products and services more competitive across the globe. Facilitation of EcommerceexportswillhelpinfurtheraddingaboutUSD200-300 billionexportstoourbasket.

Several major steps have also been taken to boost manufacturing which includes the PM MITRA Scheme which has been added as an additional scheme eligible to claim benefits under CSP (Common Service Provider) Scheme of Export Promotion Capital Goods Scheme (EPCG). Besides dairy sector has been exempted from maintaining average export obligation and fruits and vegetables exporters included for double weightage for counting export performance under status house certification and to support the dairy sector to upgrade the technology, which will further provide impetus to these employment generating sectors of exports, said FIEO President.

Dr Sakthivel said that India has been continuously touching record high exports, as the country’s Foreign Trade Policy has contributed immensely to this illustrious export performance. Sector specific targets to achieve the goal of a one-trillion dollar merchandise exports by 2030, consultative mechanism to resolve issues of trade and industry and work towards making Indian Rupee a global currency by facilitating International Trade settlement in INR have been some of key targeted initiatives which have been taken up by this policy, to not only give further boost to the foreign trade especially exports but will also add to the higher economic growth projections by at least a coupleofpercentagepoints.

President FIEO requested the Government that 3-6 months transition period may be provided, whenever a major change is notified in the Foreign Trade policy, so that the existing contract canbeexecutedfactoringtheprevailingbenefits.

Weeklong National Maritime Celebrations begins with PM wearing the ‘First Merchant Navy Flag’

NEWDELHI:Gearingupforaweeklongcelebrationof National maritime Celebration from April 5, the ‘First Merchant Navy Flag’ was pinned on the lapel of the Prime Minister Shri Narendra Modi by the Union Minister of Ports, Shipping & Waterways and Ayush Shri Sarbananda Sonowal in presence of Sudhansh Pant, Secretary, Ministry of Ports, Shipping & Waterways (MoPSW) and other senior officials in New Delhi. AmementowasalsopresentedtothePrimeMinister.

To mark the importance of the day government is celebrating by organising the National Maritime Week from 30.03.2023 to 05.04.2023 paying tribute to services of seafarers and celebrating the proud moment for India when the first Indian Steamship “S.S. LOYALTY” of Scindia Steam, Navigation Co. Ltd., Mumbai ventured into international waters on her maiden voyage from Mumbai toLondon(UK)intheyear1919onthisdayandthesameis markedas“NationalMaritimeDay.”

Speaking on the occasion, the Shri Sonowal said, “The seafarers from India have played a pivotal role in keeping the global supply chain operational. The service provided by these unsung heroes of our sea will be celebrated in this National Maritime Week celebrations. We have the immense pleasure & honour to have our dynamic Prime Minister, Shri Narendra Modi ji, lending support to this initiative as he wore country’s first Merchant Navy flag on his lapel marking the beginning of thisweeklongcelebrations.”

The MoPSW will recognise the services of seafarers and services of other persons connected with it. MoPSW is presenting awards to the eminent personalities who have excelledinthemaritimesectorwhichareasfollows:

On National Maritime Day, Government is paying tributes and homage to the Seamen’s Memorials who laid down their lives while on high seas in 1st and 2nd world wars marking their bravery and sacrifice to the nation at wide.

The National Maritime Day Celebrations Committee has been set up at Mumbai for organizing and co-ordination of various programs for the celebrations of the National Maritime Day/Merchant Navy Flag Day. The central committee conducts the affairs of the National Maritime Day Celebrations Committee. The Committee is composed of representatives of Ship owners, Seafarers, Port Trusts, Maritime State Governments, and Ministry of Shipping etc. The Committee secures funds through voluntary contributions from the Ship owners, Port authorities, various semi Government and nonGovernmentorganizationinterestedinShipping.

Container Lines post strong earnings in 2022 : Sea-Intelligence

COPENHAGEN : Shipping

Lines reported very strong financial results for 2022, according to the latest report by the Danish maritime data analysis company SeaIntelligence.

Atthetimeofwriting,12ofthe largest container carriers have publishedtheirfinancialresults–minus CMA CGM, which did not publishEBIT,COSCO,ONE,PIL, and MSC, which is privately held and does not publish accounts.

The combined EBIT figure for the 12 lines having announcedtheirEBITfiguresin2022-FYwasUS$95billion and adding in these remaining carriers increases it to an estimated US$208 billion, according to Sea-Intelligence report.

However, the Danish analysts noted that there is a weakness in the market that is highlighted by a sharp contraction in transported volumes, while the freight rates,thoughhigherY/Y,alsoseemtohavesloweddown.

The scale of the current profitability of the carriers can

be seen in the figure, which shows the EBIT/TEU of the linesthatreportonthesefigures.

“While the larger shipping lines have close to doubled their EBIT/TEU, the smaller ones were only able to increase it by a relatively smaller margin,” pointed out Alan Murphy, CEO of Sea-Intelligence, adding that “even then, the EBIT/TEU across the board continues to dwarf thatofthepreviousyears.”

Furthermore, we can see that HMM reported the largest EBIT/TEU and was the only ocean carrier so far to record over 2,000 EBIT/TEU in 2022 FY, followed by ZIM with 1,815 EBIT/TEU. The remaining shipping lines werewithinarangeof1,2001,600EBIT/TEU.

Forex reserves rise $5.98 billion

MUMBAI:India'sforeignexchangereservesrose$5.98 billionto$578.78billionasonMarch24,2023,ReserveBank ofIndia(RBI)datashowed.

Data for the previous week showed that India's foreign exchange reserves rose to $572.8 billion, the highest level sinceearlyFebruary.

to

$578.78

billion

India's foreign currency assets (FCA), the biggest component of the forex reserves, saw a rise of $4.38 billion to $509.72 billion. India's gold reserves rose by $1.37 billion to $45.48 billion while SDRs and India's reserve position in theIMFssawanincreaseof$18.41millionand$5.15million each.

1. SagarSammanVarunaAward

2. SagarSammanAwardforExcellence

3. SagarSammanAwardforGallantry

Gati launches Student Express Service to facilitate convenient relocation to hostels

• Students can benefit from Ga’s vast service network of transportaon services across 19800 pin codes covering 735 districts out of 739 districts in India

• With a flat fee and convenient 20 kg box, Student Express delivers opmum convenience to ensure hassle-free transport experience

MUMBAI:GatiLtd.,anAllcargo Group company and one of India’s premier express logistics and supply chain solutions providers, has launched Student Express, an exclusively designed affordable, rapid and reliable logistics service with a nationwide network for student community which helps themmovetheirluggagetoanycityinthecountry.

Student Express services are available at an allinclusive flat rate of Rs.825 for surface transport mode and Rs.2100 on Gati air. The flat rates are applicable for moving a 20 kg special box. The service is affordably priced to make it easy on the pocket. The key objective is to help the student community to focus on their dreams and eliminate the luggage worries. In addition to affordable prices, the service offers students a range of convenient and safety features. They can track their shipment online at https://www.gati.com/track-bydocket/. The other features include special packaging and wrapping, holiday and Sunday pickup and delivery, free doorstep pickup and delivery, transportation through weather proof container vehicles, online and SMS tracking system, email updates and 24/7 customer support.

StudentscanavailStudentExpresstotakeadvantage of the vast service network of rapid and reliable transportation services across 19800 pin codes covering 735districtsoutof739districtsinIndia.

Gati, a pioneer in the express logistics space, launched Student Express in 2012 to offer hassle-free transportationexperiencetostudents.

Commenting on the re-launch of Student Express, HuafreedNasarwanji,ChiefCommercialOfficer,Gati Ltd. said, “Student Express has emerged as the preferred logistics service among students for moving their personal belongings to/from hostels. Leveraging the express logistics infrastructure and delivery capabilities of Gati, Student Express has built a differentiated positioning in the market banking on affordability and efficiency. As per our estimate, more than a million students move every year. With Student Express, we offer them enhanced accessibility, visibility, speed and safety. At the onset of the new academic year, we aim to target all educational institutions in the country. We are gearing up to serve over 2 lakh orders in the April-June and JulySeptember quarters in 2023, as back-to-campus movementsareexpectedtointensify,goingforward.”

FFFAI partners with 21CC Education to skill 45,000 employees within IIFF

MUMBAI: The Indian Institute of Freight Forwarders (IIFF), the training arm of the Federation of Freight Forwarders Associations of India (FFFAI) has announced a major initiative to help upskill the employees of its member companies across India, as well as to skill and onboard prospective employees for the industry. FFFAI has partnered with 21CC Education to develop and host e-learning modules that will explain the fundamentals of logistics and transportation, as well as the many tasks freight forwarders perform as the linchpins in the industry. 21CC Education is driven by the mission to make learning fast, fun, gamified, and to the point with “Learn anywhere, anytime”beingtheirmotto.

FFFAI & 21CC Educations collaboration is a vital boost towardsmakingIndiaAtmanirbharinfreightforwarding

The transportation and logistics industry in India has been witnessing constant growth at a Compound Annual Growth Rate (CAGR) of 5% between 2019 to 2021. This growth is leading to a very strong demand for new employees to enter the industry. Additionally, factors like growing digitization, changing consumer preferences, and the expansion of e-commerce, as well as enabling government policies like the National Asset Monetization Pipeline and PM Gati Shakti Yojana are steering the transformation, modernization, and development of the logisticsindustryinIndia.

As the guardian of the broader interests of the freight forwarding community in India, the FFFAI plays a critical roleinensuringthelong-termhealthoftheindustrythrough a robust skilling and upskilling program. Mr Shankar Shinde, Chairman of FFFAI and Managing Director of Global Express Multilogistics Pvt. Ltd., said, “The transportation and logistics industry is a great

industry in which to make a career. The diversity of work is only increasing year upon year, with ample opportunities in India and abroad. In order to make sure that our member companies can attract the right talent, it is critical that we proactivelyskillandtrainthattalentforourindustry.”

Mr Sanjay Tiwari, CEO of 21CC Education, who has firsthand experience working at companies such as Maersk and KLM Cargo, expressed his pleasure at being selected to partner with IIFF in this significant endeavour and remarked, “Indian Institute of Freight Forwarding (IIFF) and 21CC hope to create a learning program that can help to upskill the approximately 45,000 employees of FFFAI members across India and skill graduates from colleges as prospective entrants into the industry.” Acquiring skills in freight forwarding and logistics will help employees to better manage their career growth while also ensuring that companieshaveaconstantinflowofwell-qualifiedtalent.

India’s logistics sector is projected to expand at a CAGR of more than 10 per cent, from $200 billion in early 2020 to at least $320 billion in 2025. It is well known that logistics is the backbone of any industry. With future growth and opportunity in mind, one must leverage technology effectively to support business growth and drive operational efficiency and productivity and this is where skilling plays themostcrucialrole.

Mr Shinde in closing remarks said, “A large part of making India Atma Nirbhar is to ensure that we create the talent pool that will populate and run our industry for decades to come. This joint initiative with 21CC Education representsafirstandvitalstepinthatdirection.”

The 21CC Skilled app, available on Android and iOS, not only offers online training but also matches qualified candidateswiththerightemployers.

SHIPPING MOVEMENTS AT DEENDAYAL PORT

VESSELS IN PORT & DUE FOR EXPORT LOADING

SHIPS READY FOR BERTH

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

I.G.M. Nos. filed at Kandla Customs

LIQUID CARGO VESSELS

KANDLA INTERNATIONAL CONTAINER TERMINAL (KICT)

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT LOADING

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

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

OTHER PORTS OF GUJARAT

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

NSICT

CB-6 APL Southampton (V-OINDX) CMA-CGM/APL CMA CGM Ag.(I)

GTI

Wide Juliet (V-028E)

Wan Hai 360(V-E001) 31-03-2023 Port Kelang

Maersk Gironde (V-313E) 02-04-2023 Pipavav X-press Bardsey (V-23003E) 03-04-2023 Colombo

Synergy Oakland (V-12E) 28-03-2023 Karachi Uru Bhum (V-115E) 28-03-2023 AICT

CS Faith (V-7INDSTP) 28-03-2023 Jebel Ali

MSC Esthi (V-IW312A)

JNPA creates History by handling over 6 Mn TEUs in FY 2023

Cont’d. from Pg. 3

The Jawaharlal Nehru Port Container Terminal (JNPCT), the Nhava Sheva International Container Terminal (NSICT), the Gateway Terminals India Pvt. Ltd. (GTIPL), Nhava Sheva International Gateway Terminal (NSIGT), and the newly commissioned Bharat Mumbai Container Terminals PrivateLimited(BMCT).

Sarbananda Sonowal launches Sagar Setu Mobile App of National Logistics Portal Marine

NEW DELHI: Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal launched the App Version of National Logistics Portal (Marine) ‘Sagar-Setu’ in the presence of Shri Shripad Y. Naik, MoS, Ministry of Ports, Shipping and Waterways (MoPSW) Shri Sudhansh Pant, Secretary andotherseniorofficials.

The app has been envisaged with deliverables covering features like Login Module, Service Catalogue, Common Application Format, Letter of Credit, Bank Guarantee, Certification, and Track & Trace etc. It will provide real-time information of activities that are generally not in reach of the importer, exporter, and customs broker including vesselrelated information, gate, container freight stations and transactions on fingertips. It also enables digital transactions for payments required for the clearance process of import and export like container freight station charges, shipping line charges,transportationcharges,etc.

While launching this app Shri Sonowal mentioned,

‘the SAGAR-SETU app of the National Logistics Portal (Marine) would help custodians in easier access to functionalities on a handheld device. Mobile App will ensure data mobility such that approvals & monitoring shall be at the fingertipsofport&ministryofficialsandstakeholdersaswell’. Benefits for Traders

• Improve convenience with reduced turnaround time forapprovalandcompliances.

•Increasevisibilityofoperationsandtracking. Benefits for Service Providers

•Helpintrackingofrecordsandtransactionsoffered

•Receivenotificationofservicerequests.

It is pertinent to add that the Ministry of Ports, Shipping Waterways and Ministry of Commerce & Industry envisaged this one-stop digital platform National Logistic Portal Marine in the month of January 2023. Within a span of two months SAGAR-SETU app has been launched which will boost maritimetradetherebyenhancingtheeconomyoftheCountry.

MSC

:

Introducing AGL, a Logistics Business at the Heart of Africa's Transformation

GENEVA: MSC has reinforced its continuous investment in Africa with theintroductionoftheAGLbrand.

Standing for “Africa Global Logistics”, AGL is the new name for the business formerly known as Bolloré Africa Logistics, orBAL.

Having developed its expertise over more than a century and with more than 21,000 employees working in 49 countries, AGL is a reference multimodal logistics operator and is now part of the Cargo Division of MSC Group.

AGLwillcontinuetooperateasanindependententity with the full support of family-owned MSC Group’s strengthandscale.

MSC will count on AGL as a preferred logistics partner, in addition to MSC’s existing MEDLOG inland

transportationandlogisticsbusiness.

AGL has a thriving logistics footprint in Africa, from warehousing and cold storage to other logistics solutions. AGL will also support MSC and all other shipping lines with productive maritime container terminals, as well as efficient multipurpose terminals andrailoperations.

MSC is excited about the AGL brand reveal and will continue to invest in all its cargo businesses that operate in Africa, while supporting the sustainable growth and developmentofthecontinent.

Asaglobal supplychainleader, MSC understandsthe critical role that logistics plays in enabling trade, and in growing economies. MSC and AGL remain committed to participating in driving the success of the African Continental Free Trade Area (AfCFTA), as well as connectingAfricawiththerestoftheworld.