PSA Mumbai celebrates arrival of advanced Container handling equipment for Phase 2
NAVI MUMBAI: PSA Mumbai recently celebrated
Phase 2 This shipment features two Super PostPanamax Rail Mounted Quay Cranes (RMQC) and six energy-efficient e-Rubber Tyred Gantry (RTG) Cranes, informs a recent communique from PSA India
Key Highlights:
• Super Post-Panamax RMQCs – Designed for high productivity and efficient large vessel handling.
• e-RTGs – Eco-friendly cranes, optimizing yard operations with a smaller carbon footprint.
The expansion will also introduce 1 km of quay and the capability to handle 2 4 million TEUs annually reinforcing PSA Mumbai’s role as a vital hub in India’s Export-Import trade network
JNPA witnessed 13.12% YTD Growth in October, Achieved Better Performance compared to Previous Year
NAVI MUMBAI:
Jawaharlal Nehru P o r t A u t h o r i t y ( J N PA ) , I n d i a ’ s
Best-Performing Port, handled 6,14,651 TEUs of Containers in October 2024, which is higher compared to traffic in October 2023. JNPA handled 41,42,134 TEUs of Containers from April 2024 to October 2024, which is higher by 13.12% compared to the corresponding period in the previous financial year
Shri Unmesh Wagh, IRS Cont’d. Pg. 6
PSA Mumbai celebrates arrival of advanced Container handling equipment for Phase 2
Cont’d. from Pg. 4
Set to be operational by Q1 2025, Phase 2 will elevate PSA Mumbai to become India’s largest standalone container ter minal enhancing our capacity to support the region’s growing demand for cargo handling.
JNPA witnessed 13.12% YTD Growth in October, Achieved Better Performance compared to Previous Year
Cont’d. from Pg. 4 Highlights of October 2024:
1. JNPA handled 6,14,651 TEUs of Containers and 7.62 Million Tonnes of total cargo in October 2024.
2 During Oct-2024, JNPA handled 562 container rakes and 88,224 TEUs as compared to 555 rakes and 88,412 TEUs during thecorrespondingperiodinthepreviousfinancialyear Highlights of FY 2024-2025:
1. JNPA handled 41,42,134 TEUs of Containers & 52 42 Million Tonnes of total cargo from April 2024 to October 2024 which is higher by 13.12% & 5.59% respectively as compared to corresponding period in previous financial year
2. From April 2024 to October 2024, JNPA handled 3,788 container rakes and 601,889 TEUs as compared to 3,681 rakes and 588,107 TEUs during the corresponding period in the previous financial year
JNPA's steady growth showcases the efficient functioning of all its terminals, meeting global standards. Our dedication to delivering sustainable, comprehensive logistics solutions is designed to create a smooth Export Import experience for the industry through continuous innovation. October Recap and Insights
• Delegation Visits:
➔ JNPA hosted media personnel from North East India and PIB Mumbai. Chairman, Shri Unmesh Sharad Wagh, IRS, extended a warm welcome and engaged in discussions on dry ports developed by JNPA and the upcoming Vadhvan Port. This was their first visit to any Indian port.
➔ J N PA h a d t h e p l e a s u r e o f w e l c o m i n g Shri R. Lakshmanan, IAS, Joint Secretary, MoPSW. Our Chairman, Shri Unmesh Sharad Wagh, IRS, warmly greeted him. A comprehensive discussion ensued, exploring JNPA's ongoing projects and initiatives and how they can be further enhanced to contribute effectively to India's economic growth.
➔ JNPA was pleased to welcome Mr. Choi Jeong-Hoon, Director General, EDCF Operations Department 2, ExportImport Bank of Korea (KEXIM), along with officials from KEXIM HQ, Seoul, and the New Delhi Representative Office (NDRO).
• Awards and Recognitions:
➔ JNPA has been honoured with the prestigious "Port of the Year" award at the Shiptek International Award 2024!
➔ JNPA has been honoured with the prestigious “ATAL SHASTRA MARKENOMY – BEST Strategic Global Ports Assets Enterprise of INDIA & ASIA
➔ Shri Unmesh Sharad Wagh, IRS, Chairman of JNPA, was felicitated with the prestigious "ATAL SHASTRA MARKENOMY – Doyen of the Decade" award, acknowledging his visionary leadership in port development and sustainable infrastructure.
• Programs:
➔ Swachhta Pakhwada 2024 was celebrated at JNPA with various initiatives.
➔ Rashtriya Ekta Divas was celebrated at JNPA with a pledge ceremony and Run for Unity
➔ JNPA observed Vigilance Awareness Week with various activities for employees and the citizens of the community
➔ A 5-day Seminar on Dredging Technologies was conducted at JNPA
➔ Hon'ble Chairman, Shri Unmesh Sharad Wagh, IRS, launched an innovative unmanned boat designed to collect floating garbage at the Gateway of India. This sustainable solution marks a significant step towards enhancing the cleanliness of our coastal areas, including the Elephanta Sea, and the waterbodies at JNPA.
➔ JNPA announced the launch of the new centralized visitor pass management system by the hands of the Chairman, Shri Unmesh Sharad Wagh, IRS. This innovative system will enhance security, streamline check-in processes, and provide real-time monitoring for visitors, contractors, and contract workers at JNPA and its terminals.
➔ JNPA conducted a stakeholders' Meet and Capacity building workshop at JNPA-APEC Training Centre, to enhance JNPA's sustainability efforts. Dr G. Vaidyanathan, Chief General Manager (PP&D), shared insights into JNPA's Sustainability Report, highlighting our commitment to green initiatives.
➔ Shri Unmesh Sharad Wagh, IRS, Chairman, JNPA, signed an MoU with Ocean Network Express Pvt. Ltd, marking a crucial milestone in the development of Vadhvan Port. This collaboration lays the foundation for an ambitious Rs 20,000 crore investment, with a shared vision to create a world-class ecosystem that integrates cutting-edge digital solutions, marine services, training and development programs, intermodal connectivity, and sustainability initiatives.
➔ Shri Unmesh Sharad Wagh, IRS, Chairman, JNPA attended the JNPA - Antwerp Port Training and Consultancy Foundation Board Meeting in Port of Antwerp, Belgium The meeting focused on reviewing business operations and exploring future prospects for the company
➔ Shri. Niteen M Borwankar, Chief General Manager, M&EE and CEO-SEZ participated in the Shiptek International Conference and Awards on behalf of JNPA During the discussion on the Net Zero initiative, focusing on zero carbon emissions, he presented the green initiatives undertaken at JN Port, reinforcing our commitment to sustainability and environmental responsibility
➔ Shri R. Lakshmanan, Joint Secretary, MoPSW, inaugurated the workshop on Unified Port Processes under the Traffic & Cargo Navic Cell for the officials of all the major ports in India organised by JNPA, in the presence of Shri P. L. Haranadh, IRTS, Chairman, PPA, Shri Unmesh Sharad Wagh, IRS, Chairman, JNPA, and Shri Rituraj Mishra, Director, MoPSW.
MSC Agency UK, North Cont., Scandinavian, Red Sea & Med Ports. Hind Terminals 13/1114/11 13/11 1100 MSC Thais IS444A SCI CMT Barcelona, Felixstowe, Hamburg, Rotterdam, Gioia Tauro, 17/1118/11 17/11
1100 MSC Emanuela IS445A UK, North Continent & Other Mediterranean Ports. HimalayaExpress NBCL Axis Shpg. Felixstowe, Rotterdam, Hamburg, Antwerp & All Inland Desti. Dronagiri-1 Service Allcargo Allcargo Log. UK, North Cont., Scandinavian & Med. Ports. Dron.2&Mul. ICC Line Neptune Felixstowe, Hamburg,Rotterdam & other Inland Dest. GDL-3 & Dron-3 GLS Global Log. UK, North Continent & Scandinavian Ports. JWR Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genoa. Team Global Team Global Log. UK, North Continent & Scandinavian Ports. Pun.Conware
TSS L'Global Ag. UK, North Continent & Scandinavian Ports. Dronagiri-2 AMI Intl. AMI Global UK, North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3 Kalko Faredeal UK, North Continent & Scandinavian Ports. Dronagiri-3 Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.
Safewater Safewater Lines UK, North Continent, Red Sea & Med. Ports.
Team Global Team Global Log. UK, North Continent & Scandinavian Ports. Pun.Conware
TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from GTI
COSCO COSCO Shpg. P Said, La Spezia, Livorno, Genoa, Fos, Barcelona, Valencia, Algeciras 07/1108/11 06/11 2200 Cap San Juan 444W Q1792 1107933-22/10 Maersk Line Maersk India Port Tangiers, Algeciras, Rotterdam, Felixstowe Maersk CFS 14/1115/11
TBATBA CCNI Angol 445W Q1862 1109200-01/11 (ME 2)
TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from BMCT
In Port 06/11 Haian East 24027W Q1778 1107830-21/10 SeaLead SeaLead Shpg. Aliaga, Gebze, Gemlik, Istanbul, Mersin, EL Dekheila, Casablanca, 12/1113/11
TBATBA Zagor 24039W Q1877 Volta Container Corten Shpg. Venghazi, Algier, Raves, Constanta, Thessaloniki, Piraeus, Reel Shpg. Corten Shpg. Barcelona, Valencia, Misurata (West Asia Red Sea Med - WARM) 05/1106/11 CMA CGM Congo 0PEANW1 Q1724 1106980-15/10 CMA CGM CMA CGM Ag.(I) Southampton, Bremerhaven, Rotterdam, Antwerp, Dron-3 & Mul 12/1113/11
ONE Line ONE (India) India America Express (INDAMEX) (INDAMEX)
COSCO COSCO Shpg. Indial Indial Shpg. US East Coast & South America
ICC Line Neptune New York,Norfolk,Charleston,Miami,Baltimore,Houston & Other Ports. GDL/Dron.-3 Team Lines Team Global Log. Norfolk, Charleston. ConexTerminal Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 Kotak Global Kotak Global US East, West & Gulf Coast
18/1119/11
TBATBA Tolten 4146W Q1837 Hapag ISS Shpg. New York, Norfolk, Charleston, Savannah ULA CFS
25/1126/11 TBATBA Kuala Lumpur Express 4147W (TPI/INDAMEX) TO LOAD FOR USA, CANADA, ATLANTIC,
PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS
from GTI
In Port 06/11 OOCL Hamburg 153E Q1777 1107824-21/10 OOCL OOCL(I) USA East Coast & Other Inland Destinations. GDL 19/1120/11 TBATBA OOCL Luxembourg 113E Q1826 1108709-28/10 RCL RCL Ag USA East Coast & Other Inland Destinations. 26/1127/11 TBATBA Stratford 133E COSCO COSCO Shpg. US West Coast. Yang Ming Yang Ming(I) US West Coast. China India Express III - (CIX-3) Contl.War.Corpn. ICC Line Neptune US East, West Coast, Canada, South & Central American Ports. GDL-3 & Dron-3
05/1106/11 05/11 1100 X-Press Anglesey 24033W Q1762 1107616-19/10 ONE Line
South & Central America 18/1119/11 TBATBA MOL Presence 018E Q1858 1109093-30/10 & Caribbean Ports, Canada. (TIP Service) 22/1123/11 TBATBA Dimitris Y 249E
Globelink Globelink WW USA, Canada, Atlantic & Pacific, South American & 24/1125/11
TBATBA One Responsibility 001E West Indies Ports. 06/1107/11 25/11 2200 Yantian Express 0MXKTW1 Q1783
Value 0MXKVW1
LOAD FOR USA, CANADA,
07/11 0700 Grand Mariner 22 Q1812 Lubeck Giga Shipping Bundar Abbas 07/1108/11
TBATBA Ren Jian 8 02SIXS1 Q1757
CGM CMA CGM Ag. Khorfakkan, Jebel Ali (SWAX) Dron-3&Mul 10/1111/11
TBATBA Haian Mind 24013W Q1752 1107483-18/10 SeaLead SeaLead Shpg. Dubai OOCL/TS Lines OOCL(I)/TS Lines(I) (IDEA - INDIA DUBAI EAST AFRICA) GDL/—
TO LOAD FOR WEST ASIA GULF PORTS From NSICT
In Port 05/11 Inter Sydney 0166 Q1740 1107379-17/10 Interworld Efficient Marine Bandar Abbas, Chabahar (BMM) 17/1118/11
TBATBA Inter Sydney 0167 Q1880 1109461-04/11 Alligator Shpg. Aiyer Shpg. Bandar Abbas, Chabahar. 05/1106/11 05/11 1500 X-Press Mekong 24009 Q1818 1108440-25/10 X-Press Feeders Sea Consortium Jebel Ali 18/1119/11
TBATBA SSL Godavari 036E Q1860 Wan Hai Wan Hai Lines (I) (RGI / IM1) 19/1120/11
28/1129/11
TBATBA Wan Hai 316 221E
TBATBA X-Press Altair 24013E
UnifeederUnifeeder
Emirates Emirates Shpg. 06/1107/11
TBATBA Asterios 2404W Folk Maritime Seastar Global Dammam, Umm Qasr. (IGXS)
06/1107/11 06/11 0200 Maersk Danube 445W Q1791 1107923-22/10 Maersk Line Maersk India Jebel Ali, Salallah (Blue Nile) Maersk CFS 13/1114/11
TBATBA Grasmere Maersk 446W Q1861 1109197-01/11
07/1108/11 05/11 1200 Celsius Edinburgh 003W Q1700 1106573-11/10 ONE Line ONE (India) Jebel Ali.
UnifeederUnifeeder Basra. (ASX) QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas. Speedy CFS Alligator Shpg. Aiyer Shpg. Jebel Ali. Cordelia Cordelia Cont. West Asia Gulf Ports. Bay Line Freight Conn. Port Sudan & Al Sokhna CWC,GDL&DR
In Port 06/11 OOCL Hamburg 153E Q1777 1107824-21/10 OOCL OOCL (I) Colombo. GDL 19/1120/11 TBATBA OOCL Luxembourg 113E Q1826 1108709-28/10 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3 In Port 05/11 Conti Conquest 029E Q1823 1108591-26/10 ONE Line ONE (India) Colombo. 08/1109/11 08/11 1200 Conti Crystal 138E Q1853 1108999-30/10 Yang Ming Yang Ming(I)
Contl.War.Corpn. 12/1114/11 TBATBA One Competence 092E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 18/1120/11
TBATBA One Hangzhou Bay 057E HMM HMM Shpg.
05/1106/11 05/11 1100 X-Press Anglesey 24033W Q1762 1107616-19/10 ONE Line ONE (India) Colombo. 18/1119/11
TBATBA Dimitris Y 249E CSC Seahorse Colombo. 24/1125/11
TBATBA One Responsibility 001E HMM HMM Shpg. Colombo. Seabird CFS 08/1109/11 07/11 2359 Wan Hai 360 E011 Q1811 1108252-24/10 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS
VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING
ETAETD VESSELS Voy V.I.A ROT. LINE AGENTS WILL LOAD FOR CARTING DATE TIME NAME No.No. No.&Dt. POINT CUT OFF
LOAD FOR FAR EAST, CHINA & JAPAN PORTS from
In Port 06/11 OOCL Hamburg 153E Q1777 1107824-21/10 OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, GDL/Dron-1 19/1120/11 TBATBA OOCL Luxembourg 113E Q1826 1108709-28/10 APL CMA CGM Ag. Ningbo. Dron.-3&Mul. 26/1127/11
TBATBA Stratford 133E ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 05/1206/12
TBATBA Xin Da Yang Zhou 097E COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. Gold Star Star Ship Singapore, Hong Kong, Shanghai. ANL CMA CGM Ag. Port Kelang, Singapore (CIX-3) Dron.-3&Mul. TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2
In Port 05/11 Conti Conquest 029E Q1823 1108591-26/10 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 08/1109/11 08/11 1200 Conti Crystal 138E Q1853 1108999-30/10 Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 12/1114/11
TBATBA One Competence 092E HMM HMM Shpg. Seabird CFS 18/1120/11
TBATBA One Hangzhou Bay 057E
Samudera Samudera Shpg. Dronagiri (PS3 Service)
Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai OceanGate 05/1106/11 05/11 1100 X-Press Anglesey 24033W Q1762 1107616-19/10
ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 18/1119/11
Wan Hai Wan Hai Lines Port Kelang, Singapore, Kaohsiung, Hongkong, Dronagiri-1 12/1113/11
TBATBA Wan Hai 521 E028 Q1871 1109280-01/11 Evergreen Evergreen Shpg. Shekou. Balmer Law. CFS Dron. 19/1120/11
TBATBA Argolikos E166 Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/ 26/1127/11
TBATBA Wan Hai 502 E128 TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 08/1109/11 07/11 2359 Wan Hai 360 E011 Q1811 1108252-24/10 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 15/1116/11
TBATBA Wan Hai 515 E095 InterasiaInterasia (CI2) 29/1130/11
TBATBA Wan Hai 373 E004 HMM HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS 11/1112/11
TBATBA X-Press Carina 446E Q1829 1108776-28/10 Maersk Line Maersk India Port Kelang, Tanjung Pelepas, Singapore, Hongkong, Maersk CFS 18/1119/11
TBATBA X-Press Cassiopeia 447E Q1869 X-Press Feeders Sea Consortium Kwangyang, Pusan, Hakata, Shanghai. (NWX/FI-3) Sinokor/Heung A Sinokor India Port Kelang, Singapore, Qingdao, Xingang, Pusan Seabird CFS 12/1113/11
TBATBA APL Oregon OPUSYN Q1748 1107331-17/10 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang, (VGX) CU Lines/KMTC Seahorse/KMTC(I) Cai Mep SeaLead SeaLead Shpg.
TO LOAD FOR FAR EAST, CHINA & JAPAN PORTS from BMCT
In Port 05/11 MSC London QS442R Q1747 1107326-17/10 MSC MSC Agency Port kelang, Singapore, Tanjung Pelepas, Laem Chabang, Hind Terminal Vung Tau, Da Chan Bay, Shekou. (SHIKRA)
Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 06/1107/11 06/11 0600 Wan Hai 523 E030 Q1771 1107792-21/10 Sinokor Sinokor India Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Seabird CFS 15/1116/11
GlobelinkGlobelink West & South African Ports. Safewater Safewater Lines East, South & West African Ports (EPIC / IPAK)
TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from GTI
In Port 06/11 OOCL Hamburg 153E Q1777 1107824-21/10 COSCO COSCO Shpg. West African Ports. (CIX-3) 11/1112/11 TBATBA X-Press Carina 446E Q1829 1108776-28/10
TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS
JAIGARH PORT LIMITED
India moving toward carbon-efficient Coastal Shipping expansion
NEW DELHI: Coastal shipping is a cost-effective and carbon-efficient mode of transport. Yet, India has not fully utilised its 7,500 km coastline and over 14,000 km of navigable inland water ways water transport accounts for only 6 4 per cent of overall trade logistics.
In contrast, waterways have 24 per cent share of trade logistics in China, 17 per cent in Australia, and 11 per cent in Germany
The past few years have seen several initiatives to promote coastal shipping in India, including green channel clearance, priority berthing, discounts on vessel- and cargorelated charges, and relaxation in cabotage laws Additionally, the Coastal Berth Scheme, under the Sagarmala programme to promote port-led development, seeks to create dedicated infrastructure for coastal shipping.
Currently, around 30 million tonnes (MT) of coal is moved on the coastal route from eastern India to south and western India; potential demand is nearly 100 MT by 2030. Similarly, while steel is produced in eastern India, its highest usage is in south and northwest India — nearly 2 MT steel is moved from east to west, and this is estimated to rise to 6 MT. Petroleum products and cement, too,
can be transported efficiently through coastal shipping.
With these opportunities in store, the constraint the industry faces is the shortage of vessels for coastal trade and the need for additional tonnage.
Coastal trade is also regulated due to security concerns such as drugs trafficking and so on. So the question is how do we balance security concerns with the need for additional t o n n
encouraging Indian flag vessels to sail more on coastal routes.
The recent Cabinet approval of the Coastal Shipping Bill needs to be looked at in this context.
Bill proposals
As a regulatory feature in the M e r c h a n t S h i p p i n g A c t 1 9 5 8 , any vessel sailing in our coastal waters must have a licence from the Director General of Shipping. The bill proposes to do away with this licence requirement for Indian vessels and make it a statutory obligation for foreign-flagged vessels.
The intent is to encourage domestic flagging of coastal vessels, which will not only increase tonnage but also create demand for the manufacture of coastal vessels.
Secondly, the bill proposes to integrate coastal shipping with inland
water transport and identify newer routes for the movement of additional cargo. This can be done through origin-destination studies and formulating a strategy for the modal shift of cargo. The bill proposes to draw up a ‘national coastal and inland shipping strategic plan’.
Besides identifying routes, the plan will focus on delineating best practices, fleet modernisation, dredging requirements, and so on, to facilitate robust coastal trade.
The bill proposes that the Director General of Shipping should maintain a ‘national register of coastal shipping’ to serve as a data repository of routes, commodities, and costs, aiding periodic policy implementation to facilitate trade.
Cost worries
However, shippers are sceptical about the dynamic freight rates, since there are fewer ships available Moreover, the rates are stabilised only when there is return cargo for shipowners.
On the operations side, fuel cost, which accounts for nearly 70 per cent of voyage cost, is a sensitive indicator, especially when prices fluctuate and sustainability mandates require the usage of costly low-sulphur fuels In such a chicken-or-egg situation, the billisindeedahopeonthe horizon.
Paradip Port to be fully mechanised by 2030
P A R A D I P : Paradip Port will develop three new berths, mechanise four existing ones, and establish one berth solely for green hydrogen as part of its strategy to become fully mechanised by 2030, according to officials.
The Central Government-run port
aims to exceed 400 million tonnes per annum (MTPA) handling capacity, up from 289 MTPA at present, by 2030 and to 500 MTPA by 2047.
"The mechanisation of berths will require an investment of over Rs 2,500 crore and will enhance operational efficiency, reduce handling times," a senior official said, adding that this will improve overall productivity at the port.
The port also plans to develop an exclusive green hydrogen and green ammonia berth for its export and bunkering with a capacity of 5 MTPA, which, the official said, will be awarded by 2026 at Rs 325 crore. It has signed agreements with four investors who will set up green hydrogen and green ammonia plants inthenearbyregion.Thesewillrequire atotalinvestmentofRs50,800 crore.
Odisha mulls to double seafood exports with ‘Paradip’ brand name
P A R A D I P : T h e O d i s h a Government is on a mission to double the export of seafood from the Paradip Fishing Habour With a team from Europe scheduled to visit Paradip f r o m N o v e m b e r 1 1 t o 2 2 , t h e g o v e r n m e n t i s a d o p t i n g comprehensive measures to strike a deal.
This time, the government is planning to export seafood with ‘Paradip’ brand name All the exported seafood will have the brand name of ‘Paradip’ to gain more international recognition This will not only add to the revenue earned from seafood export but will also g e n e r a t e m o r e e m p l o y m e n t
opportunities for fishermen in the area.
Seafoods like marine fish, shrimp, crab, squid, octopus and cuttlefish are in high demand in foreign countries. These are all-natural products and are in high demand in the overseas markets.
The state government is also planning to arrange more containers with modern facilities for the effective export of seafood through the sea route Furthermore, an air cargo facility would also give a boost to highvalue commodities of Paradip, Chilika and other places.
“We can send live fish, crab, shrimp and other seafood to other countries
everyday,”aseniorofficialsaid.
“A team from Europe is visiting India from November 11 to 22. They had already visited Paradip fishing harbour back in 2017. A union from America had also visited us. It was a successful visit. Never till then, we had sold Paradip fish with our name tag. Now, we are able to export fish from here with our own name tag in the international market,” informed Srikanta Parida, President, OMFPA
“This has increased our fish quality and price. So, we are waiting for the European team to arrive and approve our products so that we can export more to the international market,” he added.
The above vessel is arriving at NHAVA SHEVA (BMCT), INDIA on 05-11-2024 with import cargoes from ports CHANGDE, DAMAIYU, HAIPHONG, HOCHIMINH, HUANGPU (IN GUANGZHOU), INCHEON, NINGBO, PANGKAL BALAM, PORT KLANG NORTHPORT, SHANGHAI, SHEKOU, SINGAPORE. Also transshipment cargo of following Ex. Mother vessels:
Voy No. VESSEL Voy No.
PANCON GLORY 2434W
KMTC QINGDAO 2409S
SUNNY ROSE 2418N
ZHONG SHENG TUO HAI 2402S
KMTC SEOUL 2410S
Item No. and Bills of lading Nos. are as mentioned below :
468 CGD0000011
469 DMY0003391
470 HPH1600562
471 HPH1602561
472 HPH1604718
473 HPH1605554
474 HPH1606856
475 HPH1607744
476 HPH1616078
477 HUA1647794
478 INC4742013
479 NBO8310517
480 NBO8310891
481 NBO8311520
482 NBO8314526
483 NBO8314880
484 NBO8315017
485 NBO8318787
486 NBO8319923
487 NBO8320344
488 NBO8320413
489 NBO8320668
490 NBO8320710
491 NBO8322007
492 NBO8322007A
493 NBO8322414
494 NBO8324361
495 NBO8324415
496 NBO8324457
497 NBO8324670
498 NBO8325444
499 NBO8325707
500 NBO8326439
501 NBO8326533
502 NBO8326624
503 NBO8327540
504 NBO8328706
505 NBO8328882
506 NBO8329531
507 NBO8331365
508 NBO8332360
509 NBO8334372
510 NBO8336520
511 NBO8337226
512 NBO8338563
513 NBO8339235
514 NBO8339237
515 PKG2523719
516 PKG2524676
517 PKG2526712
518 PKG2528228
519 PKG2528668
520 PKG2529199
521 PKG2529826
522 SHAM910847
523 SHAM914299
524 SHAM914508
525 SHAM915973
526 SHAM919341
527 SHAM926895
528 SHAM935650
529 SHAM945590
530 SHAM953495
531 SHK9205904
532 SHK9215784
VESSEL Voy No. STARSHIP AQUILA 2419N
STARSHIP JUPITER 2408N
533 SHK9221332
534 SHK9225739
535 SHK9227989
536 SHK9231378
537 SHK9232386
538 SHK9234373
539 SHK9234686
540 SHK9234995
541 SHK9237376
542 SHK9238861
543 SHK9245492
544 SHK9249676
545 SHK9256147
546 SHK9258145
547 SIN3150798
548 SIN3153803
549 SIN3157908
550 SIN3158895
551 SIN3158906
552 SIN3159987
553 HPH1602773
554 HPH1604937
555 INC4731724
556 PGX0012022
557 PKG2522861
558 PKG2523782
559 SGN5463646
560 SHAM910361
561 SHAM914362
562 SHAM917916
563 SHAM931211
564 SHAM938826
565 SHAM942497
566 SHAM947463
567 SHK9229498
568 SHK9234752
569 SHK9237763
570 SHK9248004
571 SHK9248520
572 SHK9251438
573 SHK9259441
574 SIN3156894
575 SHAM933030
576 SHAM913850
577 SHAM916876
578 SHAM916876A
579 INC4735442
580 PKG2526758
581 PKG2526809
582 SHAM912194
583 SHAM912556
584 SHAM914203
585 SHAM916542
586 HPH1603800
587 HPH1605809
588 DCB0410154
589 DCB0413155
590 DCB0418156
591 SHK9249656
592 SHAM918314
593 SHAM918314
594 SHAM918314
595 SHAM918314
596 SHAM911305
Consignees are requested to present Original Bills of Lading duly discharged and obtain Delivery Order on payment of all charges as applicable. Detention charges where applicable will be charged as per tariff.
Consignees are also requested to note that the carriers and/or their Agents are not bound to send individual notifications regarding arrival of the vessel or the goods.
Note : For IGM & ITEM
VESSEL
Piyush Goyal Co-chairs 2nd Ministerial Meeting of Economy and Investment
Committee under India-Saudi Strategic Partnership Council
RIYADH: Union Minister of Commerce and Industry, Shri P i y u s h G o y a l , s u c c e s s f u l l y concluded his visit to the Kingdom of Saudi Arabia During the visit, Shri Piyush Goyal participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII), with r e p r e s e n t a t i v e s f r o m g l o b a l Governments and the industry. He highlighted the critical role of international partnerships and economic diplomacy in fostering global cooperation, innovation, technological advancement, and investment. He urged global investors to seize emerging opportunities in India, particularlyinhigh-growthsectorssuch as artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing
Shri Piyush Goyal also co-chaired the 2nd Ministerial Meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC) along with Minister of Energy, Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz bin Salman Al-Saud on 30th October 2024 in Riyadh. The Strategic Partnership Council was established in 2019, following the visit of the Hon’ble Prime Minister
Shri Narendra Modi to the Kingdom of Saudi Arabia in October 2019.
The Committee reviewed the progress achieved by the four Joint Working Groups: Agriculture and Food Security; Energy; Technology and Information Technology; and Industry and Infrastructure. They noted the deepening of bilateral economic partnership between India and Saudi Arabia and deliberated on ways to enhancetradeandinvestment.
T h e M
e r h
i t f u l ministerial engagements in Riyadh, including with the Minister of Energy, Minister of Industry and Mineral R
Investment These engagements focused on collaborative initiatives in trade, energy, and technology. These discussions culminated in a series of actionable agreements, aimed at enhancing trade volumes and
investments between the two
emphasise cooperation in energy transition, digital transformation, and
accelerate economic growth.
Shri Piyush Goyal also met with Mr Peter Herweck, CEO of Schneider Electric and Mr. William E. Ford,
Chairman and CEO of General Atlantic, to discuss India's economic l a n d
t opportunities across sectors.
In recent years, many bilateral agreements have been formalised between India and Saudi Arabia, covering sectors such as food exports, p h
a
interconnectivity, energy, small and medium enterprises, digitization and electronic manufacturing. Both c
collaboration in emerging fields like fintech, new technologies, energy efficiency, clean hydrogen, textiles, mining, etc. The Committee Meeting reviewed these developments and reaffirmed their commitment to advancing cooperation across various areas of shared interest.
At the Indian Embassy in Riyadh, the Minister unveiled the One District, One Product (ODOP) Wall, featuring unique products from various districts across India The O
Government of India’s “Vocal for Local” campaign, aims to promote
showcasing the rich cultural heritage
high-quality products.
Xeneta reports the year ‘2025’ as another challenging year for Container Shipping
OSLO: Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping.
“If 2024 has been defined by conflict in the Red Sea, the outlook for 2025 a p p e a r s e q u a l l y c h a l l e n g i n g . The ongoing geopolitical tensions and lack of a concrete political resolution suggest that container ships are unlikely to return to the region in significant numbers any time soon. This prolonged disr uption adds pressure to an already strained global supply chain. With limited flexibility to absorb further shocks, the industry remains vulnerable to delays, increased costs, and even potential shortages The ripple effect may extend across industries, underscoring the critical need for resilience planning as conflict zones disrupt traditional shipping routes.”
The Xeneta Ocean Outlook 2025 makes clear the impact diversions around Africa have on TEU-mile demand and available capacity in the market. New deliveries of ships and slowing TEU-volume growth will ease some of this burden but not enough to mitigate another major incident.
“Could we see a military escalation in the Taiwan Strait? Will regime change in Bangladesh cause further unrest? Will the situation in the
Middle East deteriorate to impact shipping in the Persian Gulf? The lights are flashing red on the geo-political dashboard and it would be foolish to ignore them.”
Xeneta’s global average spot rate has softened since peaking in July as the long term market begins to rise.
“The narrowing of the long-short market will be of great significance ahead of negotiations for new long term contracts in 2025 Shippers will be hoping the markets narrow further while carriers are doing their utmost to keep the spot market elevated.”
“2024 was very much driven by frontloading of cargoes in addition to longer sailing distances. Any change in this approach next year represents a downward risk to demand – unless 2025 turns out to be even more dramatic.”
Major changes in alliances in 2025 will bring risk and opportunity, and the b e s t c a r r i e r n e t w o r k w i l l v a r y tremendously from trade to trade, the update added. “OCEAN Alliance (COSCO, CMA CGM and Evergreen) has most capacity and service loops in 2025, Gemini (Maersk and Hapag) may be the go-to alliance to avoid Singapore congestion and carriers may stop calling at some ports in 2025.”
Shifting alliances will have a big impact at port level, Xeneta says in its
report. “If you are shipping cargo from the Far East to Antwerp, then MSC is likely to be your preferred supplier with four weekly calls in 2025. This compares to one call a week with Premier Alliance (ONE, HMM and Yang Ming) and none from Gemini. A key point for shippers is to not assume your existing carriers will continue to call at the same ports in 2025.”
Sand emphasizes the importance of strategic planning in the current shipping landscape, advising shippers to carefully assess what each alliance offers beyond just pricing “Shippers must understand what the new alliances are offering on the trades they utilize – and it comes down to far more than price,” he notes. “It is a balance between cost, reliability, and transit time while also being aware the carrier you currently use may not be the best one going forward. Keep your options open, do not be afraid to challenge carriers and seek assurances they can deliver what they are promising, particularly around service reliability.” Following a challenging 2024, shippers are hopeful for a smoother 2025, yet the report advises a realistic stance. Preparing for continued volatility will be essential, as further disruptions could lie ahead, testing the resilience of shippers and their ability to adapt to an ever-evolving market.
m.v. “MSC UNITED VIII” V- QS441A I. G. M. NO.
2392113 DTD. 01-11-24
The above vessel has arrived at BMCT (NHAVA SHEVA) with import cargo from BELAWAN, SUMATRA,BUSAN,DALIAN,GUAYAQUIL,HAIPHONG,HAKATA JAPAN, KEELUNG, KOBE JAPAN, LAEM CHABANG, NANSHA, NINGBO,OSAKA JAPAN, PANJANG, PENANG, QINGDAO, RODMAN, SHANGHAI, SHEKOU, SINGAPORE, TAICHUNG, TIANJINXINGANG, VUNG TAU, XIAMEN.
Please note the item Nos. against the B/L Nos. for BMCT (NHAVA SHEVA) delivery. NHAVA SHEVA
India expands global market share in Petroleum, Gemstones, and Sugar exports over ve years
NEW DELHI: India’s export competitiveness has significantly improved across various sectors especially in petroleum, gemstones, agrochemicals, and sugar—over the past five years According to data from the Commerce Ministry, these s e g m e n t s h a v e s u c c e s s f u l l y increased their share in global trade.
The other sectors where the share of India’s exports has increased during 2018 and 2023 are electrical goods, pneumatic tyres, taps and valves, and semiconductor devices.
Analysis of Ministry data reveals that petroleum exports surged to $84 96 billion in 2023, with India’s
market share climbing to 12.59% last y e a r, u p f r o m 6 . 4 5 % i n 2 0 1 8 . This impressive growth has elevated India to the position of the secondlargest global exporter, compared to its fifth-place ranking in 2018.
In the precious and semi-precious stones sector, India’s share of global shipments has skyrocketed to 36 53% last year, up from 16.27% in 2018. This remarkable growth has positioned India as the leading exporter in this category, with exports increasing from $0 26 billion in 2018 to $1 52 billion in 2023, having previously held the secondspotin2018
Similarly, in cane or beet sugar, the
country’s outbound shipments have more than quadrupled to $ 3.72 billion from $ 0.93 billion in 2018.
India has achieved tremendous growth in the export of cane or beet sugar, with its global market share increasing from 4.17 per cent in 2018 to 12.21 per cent in 2023.
“As the world’s second-largest exporter of sugar, India’s success can be attributed to both favourable agricultural policies and its strong production base. The country has capitalised on the growing global demand for sugar, especially in regions like Southeast Asia and Africa,” an official said.
Shanghai gears up to build Digital, Intelligent & Green International Shipping Center
SHANGHAI: Shanghai, an East China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center
Currently, quality shipping-related resources are clustering at a faster pace in Shanghai, including related R&D, manufacturing and supplies of financial services, green energy and smart systems as well.
These largely correspond to its endeavors to craft a new highland for pooling high-end shipping services and improve distribution of shipping resources globally.
Last year, container throughput of Shanghai Port reached nearly 49.16 million TEUs, ranking for the 14th consecutive year the first around the world, which helped Shanghai secure the third position among its global peers in international shipping center ranking.
The eye-catching logistics brought
naturally mushrooming data flow-based financial products for the city
Up to now, China’s first shipping futures product, containerized freight index (Europe service) futures, which was officially listed and traded in Shanghai since 2023, has become an important vehicle for global shipping market to fend off risks.
In fostering digital shipping, the city p u t o n l i n e
international container transport online service platform. Last year, the block chain technologies-based electronic release platform for goods at Shanghai Port handled 356,400 bills of lading, up 21 percent on year.
In the future, Shanghai will continue to shore up local shipping service capacity. In late October, China’s Ministry of Transport inked new m e m o r a n d u m s w i t h S h a n g h a i Municipal Government to cooperate to improve Shanghai international shipping center’s influence.
Yu Fulin, Head of Shanghai M
Commission, said Shanghai has stepped on a road to high-end shipping service branding and accelerated its pace to build the new generation of smart and green port to cooperate with more global partners and contribute more to global shipping development.
On October 22, related parties of Shanghai Port and Port of Hamburg signed an MOU to jointly construct a green shipping corridor, prior to which construction of trans-Pacific green shipping corridors between ports of Shanghai, Los Angeles and Long Beach also kicked off and is in smooth progress.
Jens Meier, CEO of Hamburg Port Authority said green transformation is not merely affairs of Shanghai and Hamburg ports and building the green shipping corridor can draw more partners to join global carbon-reduction efforts.
India has 20-year window to capitalise on demographic dividend: Goldman Sachs
MUMBAI: India needs to capitalise on a 20-year window of favourable demographics and increase per-capita income levels as in next two decades, the dependency ratio of the country will be one of the lowest among major economies, Goldman Sachs said in a recent report.
The report says that in these two decades the population structure is especially favourable for economic growth. In this time period, India will have a high proportion of people in the working age group compared to dependents (young and elderly).
This situation is ideal because more people can work, produce, and contribute to the economy which can lead to higher overall wealth, t h e A
services firm said
It further added in the report that it's crucial for India to create jobs, improve
industries that drive growth.
The report said that India will require approximately 10 million new jobs each year from FY25 to FY30 to maintain an average GVA (Gross Value Added) growth of 6.5 per cent annually
Incentivizing affordable housing development could stimulate the real estate sector, which employs over 80 per cent of the labour force within construction This would provide a significant boost to job creation across various skill levels.
Establishing IT hubs in tier-2 and tier-3 cities and Global Capability Centers (GCCs) in smaller cities would reduce pressure on Tier-1 urban centres and increase job opportunities in underserved areas.
Shifting fiscal incentives towards labour-intensive manufacturing s e c t o r s , s u c h a s t e x t i l e s , f o o d processing, and furniture, could support job creation for low-to middleskill workers.
The report said that over the past t w o d e c a d e s , I n d i a a d d e d approximately 196 million jobs, with two-thirds of these positions created in the last decade. Significant shifts have occurred as more workers have transitioned from agricultural to construction and service roles.
m.v. “MSC
UNITED VIII”
V- QS441A I. G. M. NO. 2392113 DTD. 01-11-24
The above vessel is arriving at BMCT (NHAVA SHEVA) with import cargo from BELAWAN, SUMATRA,BUSAN,DALIAN,GUAYAQUIL,HAIPHONG,HAKATA JAPAN, KEELUNG, KOBE JAPAN, LAEM CHABANG, NANSHA, NINGBO,OSAKA JAPAN, PANJANG, PENANG, QINGDAO, RODMAN, SHANGHAI, SHEKOU, SINGAPORE, TAICHUNG, TIANJINXINGANG, VUNG TAU, XIAMEN.
Please note the item Nos. against the B/L Nos. for BMCT (NHAVA SHEVA) delivery. NHAVA SHEVA
404 ASNB24100366
356 MEDUR1436084
159 YSNBF24101184
171 YSNBF24102824
51 MEDUR1487525
111 MEDUR1495585
41 MEDUR1504766
144 ZJYH24100288
142 HGCK241091712
75 MEDUR1533658
137 MEDUR1541156
67 MEDUR1542972
69 MEDUR1553532
83 MEDUR1555594
146 YSNBF24103136
Consignees are requested to kindly note that the above item nos. are for the B/L Nos. arrived for NHAVA SHEVA delivery. Consignees are requested to collect Delivery Order for all imports delivered at NHAVA SHEVA from our Import Documentation Dept. at DN 210-212, D-WING, 2nd FLOOR, NMSEZ COMMERCIAL CO PLOT NO. 6, SECTOR 11, DRONAGIRI NODE - 400707on presentation of duly discharged Original Bill of Lading and payment of relevant charges.
The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at NHAVA SHEVA .
The containers meant for movement by road to inland destinations will be dispatched upon receipt of required documents from consignees/receivers and the consignees will be liable for payment of port storage charges in case of delay in submission of these documents. Our Surveyors are M/s. Zircon Marine Services Private Limited. and usual survey conditions will apply. Consignees are also requested to note that the carriers and their agents are not bound to send individual notification regarding the arrival of the vessel or the cargo.
In case of any query,kindly contact Import Customer Service -
Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. ( IVRS No. ) 8169256872
You can also visit our website: msc.com/ind/help-centre/tools/import-general-manifest-information Invoices and Delivery order request must only be done in ODEX portal uploading all supporting documents.
(NSICT), INDIA on 31-10-2024 with import cargoes from ports
No. and Bills of lading Nos. are as mentioned
SIN3151676
SIN3152673
SIN3154619
SIN3155700
SIN3156675
Consignees are requested to present Original Bills of Lading duly discharged and obtain Delivery Order on payment of all charges as applicable. Detention charges where applicable will be charged as per tariff.
Our Surveyors are M/s. Pinnacle Marine Surveyors Pvt Ltd. Usual Survey conditions shall apply. Consignees are also requested to note that the carriers and/or their Agents are not bound to send individual notifications regarding arrival of the vessel or the goods.
Note : For IGM & ITEM nos.
Manufacturing method of lab grown diamonds should be declared before export and import: CBIC
NEW DELHI: Central Board of Indirect Taxes & Customs (CBIC) has made it mandatory from December 1 to declare the method used for producing synthetic or reconstructed diamonds at the time of export or import. This will help in quick processing and inspection of consignment which in turn will facilitate the trade.
Synthetic or reconstr ucted diamonds are popularly known as Lab Grown Diamonds (LDG) Globally, the market stood at $1 billion in 2020, the lab-grown diamond jewellery market is expected to rapidly rise to $5 billion by 2025 and exceed $15 billion by 2035.
“In terms of the Bill of Entry (Electronic Integrated Declaration a n d P a p e r l e s s P r o c e s s i n g ) Regulations, 2018 and Shipping Bill (Electronic Integrated Declaration a n d P a p e r l e s s P r o c e s s i n g ) Regulations, 2019, it has been decided to enable the additional qualifiers/ identifiers to be declared at the time of filing of import/export declarations with effect from December 1, 2024,” a CBIC circular said.
Official data from the Gem and Jewellery Export Promotion Council (GJEPC) show that the exports of LDG grew by over 100 per cent in 2021-22 The growth continued in 2022-23 seeing 28 per cent growth in exports. However, in 2023, exports of lab grown diamonds fell for the first
time. The gross exports declined by 16.5 per cent falling to $1,402 million (Rs. 11,611 crore) from $1,680 million (Rs. 13,468 crore) in 2022-23. People involved in the trade said that the value of exports of lab-grown diamonds have dropped, but the volumes in terms of carats have risen. The only thing that has dropped since LGD business started is the price per carat It is a non-monopolised business and so there is a value correction.
“ D e c l a r a t i o n o f a d d i t i o n a l qualifiers would improve quality of assessment and intervention and increase facilitation,” the circular added. It has listed three qualifiers for lab Grown Diamond -Chemical Vapour Deposition, High PressureHigh Temperature and other –to be declared.
The circular reminded that a circular issued in 2020 advised importers to voluntarily declare the complete description of imported g o o d s a n d c e r t a i n a d d i t i o n a l qualifiers for imported items such as scientific names, IUPAC names, brand name, etc. as applicable to reduce queries and improve the efficiency of assessment Among those imported/exported, it is noted t
information currently provided by the i
e se products is inadequate and does not
p r o v i d e t h e m e t h o d u s e d f o r producing these products, thus leading to insufficient inputs for devising policies, certifications from technical agencies for assessment, etc. with adversely impacting cargo clearance time.
On reviewing the matter, it is noted that the information in import/export declarations can be improved by providing the method used for producing these products, thereby offering effective avoidance of queries, enhancing efficiency in a s s e s s m e n t a n d f a c i l i t a t i o n , the circular said.
The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 9 per cent to India’s total merchandise export. Over the past decade, there h a s b
e developments in the Gem & Jewellery sector globally One of the major technological developments in this sector has been Laboratory-grown diamonds (LGD).
Besides the jewellery industry, lab-grown diamonds are used in c o m p u t e r c h i p s , s a t e l l i t e s , 5G networks as they can be used in extreme environments due to their potential to operate at higher speeds while using less power than siliconb a s e d c h i p s . L G D h a s v a s t applications in the fields of defence, optics, jewellery, thermal & medical industry.
Freight corridors driving equitable economic growth across India: Study
NEW DELHI: The dedicated freight corridors of the Indian Railways have had a social-equalising effect with states that have a lower per-capita GDP experiencing significant benefits, a study by the University of New South Wales, Australia, has revealed.
This suggests that the corridors are helping bridge the economic gap, offering a path towards more equitable economic growth across the country, it stated.
Though the study, published in Elsevier Journal, focused on the Western Dedicated Freight Corridor (WDFC) for the financial year 2019-20, experts say that overall, it benefits several industries and consumers, giving a big push to the Indian economy.
The study said the dedicated freight corridor gives financial benefits to all regions of the country However, areas closer to it gain more due to a significant reduction in the travel cost, it said.
“The model finds a universal decrease in the cost of freighting, with GDP improvements being observed in regions with the greatest decreases in cost of freighting,” the study said.
According to it, the reduction in freight cost and travel time due to the operationalisation of the dedicated freight corridor has helped reduce prices of the commodities by up to 0.5 per cent. The dedicated freight corridor contributed to 2.94 per cent of the revenue growth realised by the Indian Railways between financial years 201819 and 202223, the study also found.
“ T h e s t u d y f o u n d t h a t t h e introduction of the DFC (dedicated freight corridor) contributed to overall national economic benefits with the greatest benefit being realised in the western regions closest to the DFC due to significant reductions in freight costs.
“However, regions further away a
transportation costs,” the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) said.
About the model used in the study, the DFCCIL said the university created and used a computable general equilibrium model initiated by the Ministry of Road Transport and Highways to assess the effects of infrastructure development on regional and national economic growth.
“The findings indicated a ‘socialequalising effect’, with states having a lower per-capita GDP experiencing significant benefits This suggests that the DFC is helping to bridge the economic gap, offering a path towards more equitable economic growth across the country,” it said.
According to the DFCCIL, the study, overall, underscores the dedicated freight corridor’s role in reducing freight costs nationwide, which in turn drives GDP growth and promotes equitable economic progress.
SHIPPING MOVEMENTS AT GUJARAT PORTS
TODAY’S TIDE 05/11/2024
CJ-I Ficus Mitsutor 07/11
CJ-II Neptune J DBC 06/11
CJ-III Haj Ali DBC 07/11
CJ-IV Suvari Reis DBS 08/11
CJ-V Pan Imperial Interocean 06/11
CJ-VI Suzy Synergy 09/11
CJ-VII Tropical Star Mihir & Co. 09/11
CJ-VIII African Cormorant DBC 10/11
CJ-IX Ultra Passion Dariya Shipping 08/11
CJ-X Top Brilliance Cross Trade 07/11
CJ-XI VACANT
CJ-XII VACANT
CJ-XIII Darya Heera Cross Trade 07/11
CJ-XIV Golden Tide Parekh Marine 09/11
CJ-XV Daiwan Hero DBC 07/11
CJ-XVA Mandarin Phoenix Chowgule Bros 08/11
CJ-XVI MBS Buleleng Cross Trade 08/11
TUNA VESSEL'S NAME AGENT'S NAME ETD Vishva Vikas Taurus 07/11
OIL JETTY VESSEL'S NAME AGENT'S NAME ETD
OJ-I Jag Vikram
OJ-II Damsgaard Samudra 06/11
OJ-III Bow Endeavor GAC Shpg. 06/11
OJ-IV PK Marit Samudra 06/11
OJ-V Sakura Shuchi J M Baxi 06/11
OJ-VI Dawn Mansarovar Malara Shpg. 06/11
OJ-VII Nord Volante Interocean 06/11
SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.
Xin Long Yun 55 30/10 Karachi-Jebel Ali Hamburg Eagle 30/10
Meghna Rose 30/10
Bloom Halo 30/10 China
G Pacific 31/10
Rize 31/10 USA
Yassin Bey 01/11 Jebel Ali Nada 02/11
Grand Mariner 03/11 Port UMM Qasr
Gloria M 04/11 Turkey
Khaled DBC 24/10 ST Andrew B S Shipping 16/10 Eleen Sofia ACT Infraport 18/10 Fuat Bey Parekh Marine 26/10
Clipper Brunello B S Shipping 26/10 African Grouse Synergy 28/10 African Loon Aditya Marine 14/10
VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT LOADING
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
DP WORLD MUNDRA
TO LOAD FOR WEST ASIA GULF PORT
Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 10/11 09/11 09/11-AM X-Press Odyssey 24045E 4104035 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 10/11 Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX)
TBA Asyad Line Seabridge Marine Shangai, Ningbo, Shekou (FEX)
TBA Asyad Line Seabridge Marine Haiphong, Laem Chaban, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT
06/11 06/11-PM Mogral 2411 Global Feeder Sima Marine Karachi (CSC) 07/11 10/11 10/11-AM Maersk Cuanza 445W 4103907 Maersk Line Maersk India Colombo (MW2 MEWA) 11/11
TBA Sai ShippingSai Shipping Karachi (JKX)
TBA Asyad Line Seabridge Marine Karachi (REX)
CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE
In Port Cap San Juan (V-444W) Maersk India Jebel Ali 05/11 Celsius Edinburgh (V-3S) 4103721 Unifeeder Ag Jebel Ali 06/11 Mogral (V-2411) MBK Logistix Nhava Sheva
VESSEL’S NAME VCN NO. AGENTS FROM SAILED WITH EXPORT CARGO
CB-1 Cap San Juan(V-444W) Maersk India 06/11 CB-2 Stephanie C (V-2410) Seabridge Marine 06/11
Interasia Enhance (V-2411) Port Kelang 02-11-2024 Seaspan Jakarta(V-444W) Pipavav 02-11-2024 GSL Nicoletta(V-444E) Port Kelang 02-11-2024
Maersk Line Maersk India
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
Transworld Feeder Transworld Group 09/11 08/11-PM Yantian Express 2444W 2403993 Hapag-Lloyd ISS Shipping Khor Fakkan, Jebel Ali, Jeddah.
TO LOAD FOR FAR EAST, JAPAN, CHINESE PORTS & AUSTRALIAN PORTS
In Port Xin Fu Zhou 86E 2403900 Wan Hai Line Wan Hai
11/11-PM Wan Hai 626 18E 2403933 COSCO/Evergreen COSCO / Evergreen
Shekou, Singapore, Shanghai (PMX) 13/11 05/11 05/11-AM Zoi 117E 2403894 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 06/11 Evergreen/KMTCEvergreen/KMTC (FIVE) 06/11 06/11-PM Ever Ethic 171E 2403804 Evergreen/ONE Evergreen Shpg/ONE Port Kelang, Tanjin Pelepas, Singapore, Xingang, Qingdao, Ningbo 07/11 13/11 13/11-PM Shimin 24E 2403984 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC) 14/11 06/11 06/11-AM Interasia Progress 92E 2403861 Wan Hai Line Wan Hai Lines Port Kelang, Jakarta, Surabaya. (SI8 / JAR)
TBA Mesiina Transworld Group Istanbul, Jeddah, Nisurata(Libya), Castellon(Spain), Genoa, Naples,Iskderon(INDME) TO LOAD FOR WEST ASIA GULF PORT 07/11 07/11-AM
PIPAVAV PORT
06/11
05/11-1900 X-Press Odyssey 2405E24358 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 07/11 13/11 12/11-1900 X-Press Carina 2406E24364 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX)
Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan.
06/11
06/11-1400 OOCL Hamburg 153E 24356 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 07/11 20/11 20/11-1400 OOCL Luxembourg 113E 24365 Gold Star / RCL Star Shpg/RCL Ag. (CIXA)
27/11 27/11-1400 Stratford 243E 24366
07/11 06/11-2100 Conti Conquest 029E 24359 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 08/11 11/11 10/11-2100 Conti Crystal 138E 24361 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 12/11 15/11 14/11-2100 One Competence 092E 24369
12/11 12/11-0400 MOL Presence 018E 24362 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 13/11 16/11 16/11-0400 Dimitris Y 249E ONE ONE (India) (TIP) 17/11 17/11 16/11-2100 Xin Ya Zhou 165E 24360 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 18/11 Nansha, Port Kelang (CI1)
TO LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS
08/11 07/11-1800 Maersk Detroit 444W 24352 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 09/11 12/11 12/11-0100 SM Neyyar 0445W Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)
In Port —/— SCI Chennai 2413 24355 SCI J M Baxi Mundra, Cochin, Tuticorine. (SMILE)
06/11 05/11-1900 X-Press Odyssey 2405E24358 Maersk Line Maersk India Colombo. (NWX)
12/11 12/11-0400 MOL Presence 018E 24362 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo. 13/11 16/11 16/11-0400 Dimitris Y 249E ONE ONE (India) (TIP)
08/11 Folk Jeddah (V-2405W) Folk Maritime Seastar Global Jeddah 09/11
08/11 Grace Bridge (V-2407E) Global Fdr/TS Lines Sima Marine/TS Lines (I) Far East 09/11 09/11 Mogral (V-2411E) Sinokor/Heung A Line Sinokor India 10/11
CB-4 Inter Sydney (V-0166) Interworld Efficient Marine Gulf 2392194 05/11 05/11 Maersk Zambezi (V-444W) CMA CGM/Maersk Line CMA CGM Ag.(I)/Maersk India Africa
06/11 Maersk Danube (V-445W) Maersk Line Maersk India U.K. Cont.
10/11 Maersk Cairo (V-446S) Maersk Line Maersk India Africa 11/11 09/11 Maersk Detroit (V-444W) Maersk Line Maersk India Mediterranean 10/11 17/11 Sheng Li Ji (V-SENO824W) Akkon Oasis Shipping Europe/Med. 18/11 05/11 X-Press Mekong (V-24009W) Wan Hai/Unifeeder Wan Hai Lines (I)/Unifeeder Jebel Ali
18/11 SSL Godavari (V-036E) X-Press Feeder Sea Consortium 19/11 10/11 Zhong Gu Kun Ming (V-02448S) Emirates / KMTC Emirates Shipping / KMTC India Gulf 11/11 RCL RCL Agency
09/11 APL Southampton (V-OINIW1) CMA CGM/OOCL CMA
16/11 CMA CGM Pellesa (V-OINIBW1) COSCO/ONE
07/11 Karlskrona (V-IU444A)
06/11 MSC Laurance (V-IS443A)
08/11 MSC Rania (V-IP445A) MSC/Hapag
07/11 MSC Maxico City IV (V-IV445A)
23/11 MSC Fatma (V-FD441E)
Car.CB-6 Tucapel (V-4145W)(Sailed) Hapag
18/11 Tolten (V-4146W)
12/11 APL Oregon (V-OPUSYN)
Emirates/KMTC Emirates Shpg./KMTC (I) 07/11 Cap San Juan (V-444W) Maersk Line Maersk India
14/11 CCNI Angol (V-445W)
GTI-2 Conti Conquest (V-029E) ONE/HMM
(I)/HMM Shpg. Far
08/11 Conti Crystal (V-138E) Yang Ming Line Yang Ming Line (I) China
06/11 Seaspan Brisbane (V-E003) Hapag/Evergreen ISS Shpg/Evergreen China
12/11 Wan Hai 521 (V-E028) Wan Hai Wan Hai Lines (I)
08/11 Wan Hai 360 (V-E011) Wan Hai Wan Hai Lines (I) Colombo &
15/11 Interasia Momentum (V-E050) COSCO/Interasia Line COSCO Shpg./Interasia Shpg. Far East 16/11 05/11 X-Press Anglesey (V-24033E) ONE ONE (I) Karachi & 2392031 06/11 18/11 MOL Presence (V-018E) X-Press Feeders Sea Consortium Far East 19/11 Car.GTI-2 X-Press Odyssey (V-445E)(Sailed) Maersk Line Maersk India Far East 2392120
Bahri posts solid growth in first 9 months; Net Profit up 40%
R I Y A D H : B a h r i r e c e n t l y
announced its financial results for the third quarter and the first nine months of 2024, reporting strong profit growth.
On its performance for the nine-month period ended September 30, 2024, the kingdom’s top shipping and logistics provider said its net profit rose 40% YoY to SAR1.70 billion propelled by higher shipping rates, growth in shipped volumes and fleet size, and improved cost efficiencies
For the third quarter of 2024, Bahri recorded a net prot of SAR 509 million, up 127% year-on-year (YoY).
The strong momentum demonstrated by Bahri’s financial results for the third quarter of 2024 was propelled by profitability improvements across all business units.
The chemicals business continued to lead growth, with ebitda, up 51% YoY Oil transport provided the largest earnings contribution, with ebitda growing by 5%. Dry Bulk showed resilience with positive ebitda growth, while Integrated Logistics successfully reversed last year’s loss to achieve profitability
Commenting on the solid results, CEO Engineer Ahmed Ali Al Subaey said: “Bahri’s strong performance in the third quarter and the first nine months of 2024 underscores our commitment to delivering value across our businesses.”
“The company’s profit growth was driven by renewed revenue expansion built on the trust and reputation for
reliability we have established with our customers, coupled with our employees’ sustained focus on revenue and cost optimization to consistently outperform the market,” he stated.
“We are increasing our investments to modernise and expand our fleet, with 17 vessels expected to be added over the next two quarters, in addition to the five we acquired earlier this year,” he stated.
“These vessels will support our market expansion efforts and facilitate the phase-out of older ships, further modernizing our fleet. At the same time, we will remain agile and responsive to changing market dynamics, while maintaining capital discipline to ensure valueaccretive growth. This strategy is in support of the shipping and logistics transformation outlined in Saudi Arabia’s Vision 2030 and reinforces our role as a vital and responsible contributor to the global supply chain,” he added.
As a key pillar of Bahri’s value-accretive growth strategy, Bahri made significant progress in its fleet modernization and expansion program, investing SAR2 82 billion by end-September 2024, said the top official.
It was mainly for five vessels acquired during the period and for initial payments on 17 additional vessels expected to join the fleet over the next two quarters, including nine Very Large Crude Carriers (VLCCs) purchased from Capital Maritime and Trading Corporation, as announced last August, he added.
Adani Ports sees Strong Cargo Growth in October, Achieves 8% Year-to-Date increase
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Monday, November 4, that it handled 37 9 million metric tonnes (MMT) of cargo in October 2024, continuing its progress toward annual cargo volume goals. This brings Adani Port’s year-to-date (YTD) cargo volume to 257.7 MMT, marking an 8% growth compared to the same period last year, according to a filing with the stock exchange.
Key contributors to this growth included a 19% increase in container cargo, along with a 9% rise in liquid and gas volumes. Adani Ports also saw a notable boost in its logistics operations, with rail volumes climbing by 11% to 0.36 million twenty-foot equivalent units (TEUs) year-over-year. Additionally, volumes in the General Purpose Wagon Investment Scheme (GPWIS) rose 18%
to 12.5 MMT, underscoring the company’s expansion in end-to-end logistics services.
These gains in container and liquid cargo, along with increased rail and GPWIS volumes, are in line with Adani Ports’ strategy to enhance its integrated logistics network.
Financially, Adani Ports reported a robust 40% yearon-year increase in net profit for the second quarter of the fiscal year 2025, reaching Rs. 2,445 crore, compared to Rs. 1,748 crore in the same quarter last year Revenue for the quarter rose 6.3% year-on-year to Rs. 7,067 crore, up from Rs. 6,646 crore in the corresponding period the previous year
Despite the positive performance metrics, shares of Adani Ports traded 2.85% lower at Rs. 1,354.65 as of 10:19 am, though the stock has achieved a substantial 68.8% increase over the past year
Rashtriya Ekta Divas Celebrated at JNPA; Virtually Participated in Pledge Ceremony organised by the Ministry of Ports, Shipping and Waterways
NAVI MUMBAI: Jawaharlal
Nehru Port Authority - India’s Best Performing Port, in a spirited tribute t o S a r d a r Vallabhbhai
P a t e l , celebrated Rashtriya Ekta Divas with great enthusiasm The day began with a collective oath-taking ceremony, led online by Hon’ble Minister of Ports, S h i p p i n g a n d Wa t e r w a y s , Shri Sarbananda Sonowal, who administered the pledge. Participants committed to upholding the nation’s unity, integrity, and security, vowing to contribute positively to the country’s progress and preserve harmony across all communities.
Following the pledge, JNPA organized a symbolic Pad
P u j a c e r e m o n y, w h e r e H o D s , employees and CISF personnel gathered to pay homage to Sardar Vallabhbhai Patel. This reverence underscored the port’s respect for Patel’s monumental role in uniting India.
JNPA hosted a “Run for Unity” marathon, inviting all JNPA HoDs, employees and CISF personnel to join in a display of community strength and cohesion. The marathon covered a scenic route across the port area, with participants running to promote unity, resilience, and togetherness in the spirit of Rashtriya Ekta Divas
The event saw enthusiastic participation, with runners carrying messages of harmony and commitment towards a unified India.
