MUM-07-02-2023

AMTOI CRICKET TOURNAMENT Season 3 (ACT-3) held with Great Gusto

MUMBAI: The AMTOI CRICKET TOURNAMENT Season 3 (ACT-3) was held on 5th February 2023. Thiseventwasheldafterahiatusof3yearsandwasheldwith great gusto where in 56 Men’s teams and 8 Women’s team competedforthecovetedtrophyandvariouscashprizes.

The opening ceremony was held on 4th February 2023 at ACRES Club, Chembur and the Chief Guest for the Opening Ceremony was Shri P. K. Agarwal, Pr. Chief Commissioner of Customs, Mumbai. This was well attended by Managing Committee membersandCaptainsofall64teams.Wealsoconducted 4gamesonthefirstdayandalsoafriendlymatchbetween theManagingCommitteeMembers.

The Tournament on 5th February 2023 was held at St. Andrews Turfpark Bandra (W), Mumbai and was a spectacularevent.Thematchesstartedoffat8:30amand went on till evening. It was a carnival atmosphere with Games and Food stalls for family and friends of participatingteamswhichwasenjoyedbyoneandall. TheWinnersoftheTournamentwereasfollows:

Women’s Team – Intex International Trading and ClearingPvtLtd.

Men’sTeam – GRTGlobalLogisticsPvtLtd.

Women’s Team - Intex International Trading and Clearing Pvt Ltd.

Men’s Team - GRT Global Logistics Pvt Ltd.

India’s crude steel output grows by 5% in 2022; exports fall by 44%: Report

NEW DELHI: India’s crude steel production rose by 5.80 per cent to 124.45 million tonne (MT) in 2022, accordingtoSteelMint.

The Country had produced 117.63 MT crude steel in 2021, themarketresearchfirmsaid.

Production and consumption of finishedsteel

The production of finished steel was at 110.03 MT, up from over 104.54 MT a year ago, SteelMint said

initslatestreport.

The consumption of finished steel rose to 106.48 MT, as against 98.39 MT in 2021, a year-on-year rise of 8percent.

SteelMint attributed the increase in output and consumption to “continuous focus of the Government ontheinfrastructuresector.”

Export

According to the report, the exports in 2022 have registered a fall

over the previous year, while the imports have grown in the year ended December31.

At 4.77 MT, the imports were 21 per cent higher against 3.94 MT in 2021.

Theexportsregisteredasharpfall of 44 per cent to 10.37 MT in 2022 comparedto18.5MTayearago.

The import of raw material coking coal was almost flat at 55.94 MT in 2022,thereportsaid.

NHAI : The allocation for the Roads wing of Highways Ministry increases by 50%

NEWDELHI:Aimingtoaccelerate construction of national highways before the 2024 Lok Sabha polls are announced, the Government has increased the allocation for the roads wing of Highways Ministry by 50% to Rs 73,000 crore for 2023-24 while in the case of NHAI, the increase is around 15%toRs1.62lakhcrore.

Nearly 60% share of the annual road construction achievement comes from the roads wing, which usually expands the existing

highways and strengthens the NHs through the state Public Works Department.

The National Highways Authority of India (NHAI) is primarily into building of the wider highways, economic corridors and new expressways.

Unlike in other countries where road construction is calculated on lane km basis, in India it’s calculated in kms only, which means even a 8lane long stretch is taken as one km

and not 8 land km. The data show in 2019-20, the share of two-lane and strengthening was 6,893 km out of the total achievement of 10,237 km in the NH construction. Similarly in 2020-21 when the NH construction was at the peak of 13,327 km, two-lane and strengthenedhadashareof9,315km.

“There will be huge focus and stricter monitoring of highway projects undertaken by the roads wing as these projects can be completedquickly,”saidatopofficial.

Govt reduces Customs duty on many products in marine sector to boost Exports

NEW DELHI: The Government has reducedimportdutyonanumberofraw materialssuchasfishlipidoil,krillmeal and algal prime used in the marine sector, to promote domestic production andexportsfromthesegment.Theduty on fish lipid oil and algal prime (flour), used in manufacture of aquatic feed, has been reduced to 15 per cent from 30percent.

Similarly, the duty on fish meal and krill meal, used in making aquatic feed, was cut to 5 per cent from 15 per cent in the Budget, presented by Finance Minister Nirmala Sitharaman on February1.

The levy on mineral and vitamin premixes, which are also used in the feed, has been reduced to 5 per cent from 15 per cent earlier, according to Budgetdocuments.

The basic customs duty on fish feed too has been reduced to 5 per cent from 15 per cent with a view to promoting localproductionofshrimps.

Fish meal is high in protein and a

good source of calcium, phosphorus, and other minerals. It is used extensivelybythemarineindustry.

Imports of fish lipid oil stood at USD 7.13 million during AprilNovember 2022. It was about USD 14 billion in 2021-22. It is mainly imported from China, Japan, and the US. Imports of algal prime (flour) was USD0.91millionduringtheeight-month period. It was about USD 4.5 billion in 2021-22. It is mainly imported from Brazil,ThailandandMalaysia.

Imports of fish and krill meal stood at USD 7.68 million during AprilNovember 2022. It was USD 19.6 billion in 2021-22. It is mainly imported from Norway,GambiaandtheUAE.

Imports of mineral and vitamin premixes were USD 207.75 million during April-November 2022. It was USD305.12billionin2021-22.Itismainly imported from China, Belgium, Greece, the Netherland, Singapore and Thailand.

The Finance Minister also

announced launch of sub-scheme of PM Matsya Sampada Yojana with a targeted investment of Rs 6,000 crore to further enable activities of fishermen, fish vendors, and micro and small enterprises, improve value-chain efficiencies,andexpandthemarket.

Exports of marine products rose 30.26 per cent to USD 7.76 billion during 2021-22. Frozen shrimp remained the major export item in terms of quantity and value. The segment accounts for 75.11 per cent of the total dollar earnings.

The US is the largest market of frozen shrimp, followed by China, the European Union, South East Asia, Japan,andtheMiddleEast.Frozenfish, frozen squid and frozen cuttlefish, are alsomajoritemsforexports.

Federation of Indian Export Organisations(FIEO)DirectorGeneral AjaySahaisaidthereductionindutywill boost marine exports as cost of production is expected to come down by 5percent,providingcompetitiveedge.

India keen on expanding Exports to Russia in FY 2023-24

NEW DELHI : India is looking to grab a larger share of the Russian export market in the next financial year 2023-24totideovertheheadwindsinthe globalmarket.

Moscow is keen to purchase at least 500 different products which include parts for cars, aircraft and trains from India.

After signing trade agreements with UAE and Australia, it is now looking to press the pedal for concluding negotiations with the Gulf Cooperation Council (GCC) and Canada amid increasing global headwinds and slowing trade. However, the proposed trade agreement with the European Union is expectedtotaketime.

India’s exports increased to $332.8

billion during the April-December period during the current financial year compared to $305 billion during the corresponding period in the previous fiscal. India and UAE concluded negotiations over the Comprehensive Economic Partnership Agreement in a recordtimeofjust88days.

“We are also confident in our negotiating ability, we have conducted negotiations in a rapid manner with UAE, and we believe that a similar agreementontradewouldbeconcluded with the GCC in this year itself,” Union Commerce and Industry MinisterPiyushGoyalearliersaid.

“It will take some time to conclude talks with the EU as the deal involves multiple countries. That makes

negotiationstougherbutwearehopeful that the other pending ones will come through soon,” Ajay Sahai, Director General and CEO, Federation of Indian Export Organisations (FIEO) told. “There are challenges but we are not overtly worried as the FTAs once signed will open up new dimensions for ourexportsector,”Sahaiadded.

The Country has been able to face the global challenges strongly and has shown its resilience especially the exports sector on the back of strong macro fundamentals, FIEO said in a statement. It also noted that the new diversified markets including Brazil, SouthAfricaandSaudiArabiahasledto the increase in exports by up to two times.

Industry in Tamil Nadu is bullish about exports to the UAE

CHENNAI: Industry in Tamil Nadu is bullish about exports to the UAE, which is the gateway to Africa and the Arab world, and to Australia, a vast continent with a growing market. Indiasignedfreetradeagreementswith both countries in 2022 and they have been in effect for months now. The effectsarealreadyshowing(seetable).

Satyakam Arya, chairman, CII Tamil Nadu, said IT, textiles, leather, footwear, furniture, engineering products, agricultural equipment, pharmaceuticals and automobiles are the major sectors that would benefit through the two FTAs. “The ‘IndiaUAE Startup Bridge’ would act as a one-stop platform where information will be easily accessible to entrepreneurs and stakeholders from both countries. Tamil Nadu with its strong ecosystem for startups and

entrepreneurship will benefit immensely,”hesays.

Tamil Nadu exported $253 million worth of readymade garments to the UAE and Australia from April to November last year. Of this, UAE alone accounted for $159 million. A Sakthivel, Federation of Indian Export Organisations president who was part of the business delegation that had visited UAE and Australia after the trade agreements were signed in 2022, says the apparel trade between India, Australia and UAE will double in three years. “We are positive the two FTAs will benefit Tamil Nadu. Australian buyers are showing a keen interest in importing readymade garments from the state. There are several businesses in the UAE that source readymade garmentsfromIndiaandexportthemto Gulf Cooperation Council (GCC)

countries. Against this backdrop, dutyfree access to the UAE will boost apparelexportsfromTamilNadu.”

Export of finished leather products — Tamil Nadu accounts for 50%-60% of thetotalexportsfromIndia—tothetwo countries is set to boom. Though India exports $5 billion worth of finished leather goods annually, the share of UAEandAustraliaishardly$200million now. The exports will rise to at least $400 million in two-three years, says Yavar Dhala, executive committee memberoftheIndianFinishedLeather Manufacturers and Exporters Association. “The FTAs facilitate zero duty, paving the way for Indian leather products to become competitive when compared with leather goods sourced fromItalyandwesternEurope.Thetwo countries will increase their leather purchasefromIndia,”hesays.

MSC - Focused on Fruit and Vegetables

GENEVA:Thefreshfruitandvegetablemarketoneof the most important in world trade. Global sales are forecasttogrowstronglyinthecomingyearsandStatista projects that revenue from fresh fruit will exceed US$665bnby2027*.

At MSC, we know this sector is important to our business and to our customers. We continue to provide the best equipment and services for our clients shipping fresh fruit and vegetables from around the world. Our cutting-edge reefer technology, as well as dedicated cold storage warehousing solutions give customers the peace of mind that their cargo will be well maintained whileinourcustody.Alongsidethetechnology,ourexpert teams work to provide tailored, door-to-door solutions thatbestmeetcustomerneeds.

We have recently achieved several “firsts” with our customers in the fresh fruit and vegetable sector, including bananas from Brazil to Egypt and the first controlled atmosphere shipment from Greece: great news for our customers shipping kiwi fruit. The trend for controlled atmosphere exports continued in South Africa, which saw a 50% increase in this type of cargo being exported – most notably across avocadoes and blueberries.

In addition, our new NWC-WAF direct service is designed to support shippers exporting reefer commodities, and connects Dakar, Senegal, with key portsacrossNorthEurope.Theserviceprovidesthebest transit times on the market connecting Senegal with Antwerp in 7 days, London in 9 days and Le Havre in 11days.

Caroline Diagne, Trade Coordinator for MSC Senegal commented: “The fruit and vegetable market is very important in Senegal. Indeed, we have seen the vegetable market growing approximately 10% year on

year since 2020 with the biggest growth in sweetcorn and greenbeans.Ourkeyfruitexportsincludemelons,which are in high demand across countries such as Spain and Italy,aswellastheNorthWestContinent.Infact,wehave recently introduced a new feeder service called ‘Spain to/from Mauritania and Senegal’ specifically to copewithdemandintheregion.”

AnnickOkeni,ReeferManagerforMSCCoted’Ivoire, added: “Bananas are big business for the Ivory Coast, andrepresentaroundhalfofallfruitcargoexportsforthe country.Mangosareoursecondmostpopularexportand we have seen around a 6% growth across 2021 and 2022.OurnewNWC–WAFserviceisprovingpopularwith customers and is also enhanced by our NWC – WAF –Morocco service, providing a complementary option to supporttheneedsofourperishablegoodsexporters.”

Across the world, MSC remains committed and ready to transit key commodities for this sector, such as avocados, bananas, green beans, mangoes, melons, tomatoes, and more. Alongside this, we are also able to meet the needs of customers transporting temperaturecontrolled liquids, such as fruit juice, with our dedicated liquidcargoservices.

Bahri : The Government and Private Sectors cooperate to ensure Food Security

RIYADH: Bahri has announced, that its tanker “SARA”, which weighs 60thousandtonsofbarley,hasarrivedattheJeddahIslamic Port, coming from the Australian port of Bunbury. After the Agricultural Development Fund funded the supply contract concluded between Mansour Al-Mosaid Company and the Saudi Agricultural and Livestock Investment Company “SALIC”, the shipment was received by several officials fromtheconcernedparts.

Onthisoccasion, theCEOofBahri,Eng.AhmedbinAli Al-Subaey said: “Providing staple grains such as barley, wheat, and corn to Saudi Arabia is one of our greatest accomplishments as part of the supply chain. The modern tanker carrier “SARA” is one of several ships added to Bahri’s cargo fleet to meet the needs of customers in the KingdomandtheregionaswellasSaudicompaniesseeking to import these important commodities. Which will contribute to enhance food security, one of the main objectivesofSaudiVision2030."

As for the SALIC Group CEO, Eng. Sulaiman bin Abdulrahman Al-Rumaih said: “The contracting project andthearrivaloftheshipment,whichconsistsof60,000tons of barley, is an important milestone in local food security since efforts have been integrated between three national companiestoachieveandensurefoodsecurityfollowingthe Vision 2030 objectives, an extension of the "SALIC" role in empowering the local agriculture industry. According to Al-Rumaih, "SALIC," through its global investments, contributed to achieving the national goals for food security in strategic commodities by receiving over one million and three hundred thousand tons of commodities and products

intheKingdomduringtheyear2022.

In the same context, Mr. Munir Bin Fahd Al-Sahli, General Manager of the Agricultural Development Fund, confirmed: “The funding comes within the fund's initiative to finance the import of agricultural products targeted in the food security strategy, in line with its objectives of supporting and developing the agricultural sector, strengthening and stabilizing the food security system, maintaining agricultural activities, contributing to thecontinuationofsupplychains,andcompensatingforany shortages which may occur in Commodities and products. Also, he is assuring that the fund is continuing to implement this initiative and is receiving funding requests to support agricultural supply chains, logistics services, and other needs.”

Similarly, Mr. Ahmed bin Mansour Al-Sudairy, Chairman of Mansour Al-Mosaid Company, said: “Over the past forty years, Mansour Al-Mosaid Company has played a key role in importing and trading barley in the Kingdom of Saudi Arabia, and we are delighted to cooperate with two of the Kingdom's largest companies. we affirm our commitment to supporting joint efforts to achieving the Kingdom's Vision 2030 goals, particularly ensuring food security,andcreatingstabilityintheagriculturalsector.”

It is worth noting that this cooperation between SALIC and Bahri companies is the second of its kind after their strategic partnership in 2020 AD in the establishment of the National Grain Company to establish a Yanbu grain handlingstationinYanbuCommercialPortandcomesinthe context of maximizing the added value of the Public InvestmentFundcompanies,whichwhollyownsSALICand 22.55%ofBahri.

(EPIC 1 /

FOR EXPORT LOADING

SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

ANL CMA CGM Ag. Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre, Dron-3 & Mul Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos.

SCI/Hapag CMT/ISS Shpg. Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre —/ULA CFS

COSCO COSCO Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Indial Indial Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Seahorse Ship U.K., North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos

Globelink Globelink WW U.K., North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens,

Unifeeder Group Unifeeder Ag. U.K., North Continent & Scandinavian Ports. Dron.2 & TLP

TSS L'Global Ag. U.K., North Continent & Scandinavian Ports. Dronagiri-2

AMI Intl. AMI Global U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3

Kalko Faredeal U.K., North Continent & Scandinavian Ports. Dronagiri-3 Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.

Safewater Safewater Lines U.K., North Continent, Red Sea & Med. Ports.

Team Global Team Global Log. U.K., North Continent

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

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

GULF PORTS From NSICT

TO

FOR WEST ASIA GULF PORTS From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From GTI

Shpg. Jebel Ali, Bandar Abbas.

Emirates Shpg. Jebel Ali, Sohar.

LMR Logistic Ser. Jebel Ali, Bandar Abbas.

X-Press Feeders Sea Consortium Jebel Ali, Bandar Abbas.

Hapag ISS Shpg.

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.

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

GDL & DRT 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

COASTAL SERVICE MOVEMENT

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

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

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

TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

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

SOUTH AFRICAN PORTS from BMCT

TO

FOR EAST, WEST & SOUTH AFRICAN PORTS from GTI

National Logistics Policy will boost Indian goods’ export’: AP Governor

HYDERABAD: The National Logistics Policy announced by the Government is expected to propel the Indian business sector to a greater height, by facilitating the quick export of Indian goods, said Governor Biswa Bhusan Harichandan, congratulating Andhra Pradesh for excelling in the

Ease of Doing Business Rankings for theyear2020-21.

Governor Biswa Bhusan said that the achievement is proof of the business-friendly environment offeredbytheState.

The Governor said that the state is known as the ‘Rice Bowl of India’ and

growth of the State is mainly driven by agriculture, industry, and service sectors. The Global India Business Forum can promote industrial investment in the State by showcasing business opportunities available to prospective investors from across borders,saidtheGovernor.

In Break Up of 2M Alliance, Maersk succeeding with its integrator model are better : Drewry

LONDON: Maersk tells Drewry that itsintegratorstrategywasincompatible withbeingpartofanalliance.

Compromise is an essential ingredient to any healthy relationship. But things change and individuals’ priorities shift over time. At the point when one, or both, parties feel like the other is preventing them from being themselves, it is probably time to call it quitsandmoveonseparately.

Container shipping’s high-profile divorce between Maersk and MSC in the 2M alliance can be viewed as a classic case of two partners drifting apart since they first hooked up in 2015. There will be no marriage counselling, no reconciliation. Instead, both companieswillbefreeasbirdstopursue their own ambitions and strategies, unencumberedbyadisgruntledpartner.

As we said in our original analysis (Your move, Maersk), MSC had virtually signposted its intentions by hugely increasing its fleet size and developing more non-alliance services, but we were less sure of how Maersk felt about the break-up, or indeed its plans for post-2M life.Woulditlookforanewalliancetojoin, ortryandgoitaloneinsomefashion?

In conversations with the company, it would appear that this was more of a mutual decision than we had initially speculated. Rather than being the jilted partner, Maersk has for some time been keen to get out of 2M, viewing it as incompatible with the new integrator strategy (see Figure 1), broadcast in late 2018. The lack of autonomy on its network decisions was holding back progressofthemasterplan.

2M worked for Maersk in 2015 as the companyhadmanynewbigshipsthatit needed help filling, but as the focus has shifted from scale economies towards end-to-end solutions, the company wants to accelerate the strategic vision. To do that, it needs to control its own network and have full ownership of service performance and reliability. Itisdonewithcompromises.

Subsequently, we think Maersk will not seek membership of an existing alliance, or try to form a new one. Maersk believes that its integrator model will be more attractive to customers and deliver higher returns for shareholders and that developing a

core independent liner backbone will be anessentialelementofthis.

By making no attempt to replicate the 2M network, it will lose some frequency of sailings, if not actual port coverage, but expects that increased control will give higher reliability and visibility that will create value for customers.

Theendof2Misultimatelyastoryof clashing company strategies, which rather begs the question: which is the rightmodel?

Tim Power, Drewry’s Managing Director, said that Maersk’s integrator strategy “won’t work” at the recent Marine Money conference. In his opinion it will not deliver superior logistics value to customers than the offer provided by a conventional mix of liner and forwarder/logistics providers, and will not generate higher margins and returns than those achieved by conventionallines.

This personal opinion was based on his past experience of working in both the core liner and logistics arms of P&O Containers and his view that the disciplines of liner and supply chain management are too different to be integrated.

Drewry’s company view is that the strategycanwork,butthatitiscertainly high-risk and full of pitfalls that Maersk willhavetoovercome.

The main challenge as we see it is that container shipping and logistics have very different operational and commercial imperatives; the latter demanding a level of customerorientated service hitherto unseen in thelinerarena.

The results of the integrator strategy also depends on Maersk successfully integrating multiple, recently-acquiredlogisticsbusinesses–ahardtaskforanylargecorporation.

Notwithstanding the large capital investment, it will be a huge management challenge to align the entire organisation to ensure that Maersk’s customer-facing team is fully versed on all aspects of the service with very clear communication channels. They will need to keep all eyes on the prize without losing focus on any link in the chain. Past attempts to expand the scope of liner operators failed to meet

expectations, but new technology offers hope that things might work out better thistimearound.

It will also need buy-in from customers who might be wary of entrusting their entire supply chain to a singlepartner,especiallyonenewtothe role. Teething problems and short-term disruption should be expected and as such customers will need to feel comfortable entering into closer, longer-termpartnershipswithMaersk.

If anyone can make it work, it is probably Maersk. Feedback from Drewry’s shipper clients suggest that thebrandishighlytrustedandseenasa driver of change and product improvement.

We can see it appealing to shippers that have neither the resource or knowledge to build their own supply chain network and would like it handled by a one-stop-shop. Other shippers might see it as an opportunity to gain some leverage with Maersk on the ocean freight, whilst outsourcing some laboriouslogisticstasks.

It’snotgoingtobeforeveryone,butif Maersk can demonstrate that it is the market leader for reliability and customer service it will surely woo more customers.Togetthereitclearlyfeltthat ithastobemasterofitsowndestiny.

If Maersk is right – that being an integrator within an alliance is unworkable – then companies with similar aspirations and in a similar situation, most obviously CMA CGM in theOceanAlliance,willhavetoconsider abreakupoftheirown.

This marks a significant change to the consensus view that the future of container shipping will involve dominating alliances. Instead, it seems increasingly likely that the big-hitters will pursue single life, with the medium size operators remaining together out ofnecessity.

Drewry’sview

The chances of Maersk succeeding withitsintegratormodelarebetterthan they were in the past, but it’s a high risk move that will ultimately be judged on whether it delivers value for customers and returns for shareholders at the same time. Messaging to both sets on how they will succeed needs to be crystalclear.

India’s mobile exports set to zoom to record high

NEW DELHI: India has been going big on electronic manufacturing for the last few years and in December 2022, Apple became the first company from the country to export smartphones worth $1 billion inamonth.

December was the record month for the industry with mobile phone exports of over Rs 10,000 crore. Prime Minister Narendra Modi’s vision for 2023 is to have mobile phone exports with the segment featuring in the top 10 export category from India, Minister of State for Electronics and ITRajeevChandrasekharsaid.

Rajeev Chandrasekhar said that the Government would take all the measures that are required for boosting the electronics

manufacturing ecosystem in the Country. In 2023, the government will look at widening the manufacturing base beyond mobile phone manufacturing.

“PM Narendra Modi ji’s vision for 2023 is mobile phone exports worth Rs 1 lakh crore, with mobile phones featuring in the Top 10 exported category,”Chandrasekharsaid.

Mobile phone exports from India werearoundRs45,000crorewhichwas dominatedbyAppleandSamsung.

The Minister said that the governmentisworkingtobroadenthe electronic manufacturing ecosystem beyond mobile phones to increase global share in hearables and wearables segment, IT hardware, electroniccomponents,etc.

As per a study by electronics component makers body ELCINA, thedemandforcomponentsin2020-21 was USD 32 billion (about Rs 2.65 lakh crore) for about a USD 70-billion (Rs 5.8 lakh crore) industry and of this, barely USD 10 billion (Rs 82,000 crore) was manufactured locally, and that too with a majority of imported rawmaterials.

While the Minister did not elaborate on the specific measures, official sources have shared that the Government has plans to come up with a production-linked incentive (PLI) scheme for hearables, wearablesaswellasanupgradedPLI scheme for IT hardware and electronics components to boost their localproduction.

The CMA CGM Group becomes Official Partner in logistics solutions of the Paris 2024 Olympic and Paralympic Games

MARSEILLE : The CMA CGM Group, a global player in sea, land, air and logistics solutions, has become Official Partner in logistics solutions of the Paris 2024 Olympic and Paralympic Games, the world’sgreatestsportingevent.

The CMA CGM Group will make its expertise available to Paris 2024, handling the transport and logistics for all the goods, equipment and materials required for the event’s success at the Olympic and Paralympic venues.

Via its CEVA Logistics and CMA CGM Air Cargo subsidiaries, the Group will organize all the international transport and customs brokerage activities and provide andoperatetherequisitelogisticsfacilitiesforParis2024. CMA CGM will also operate road and river transport and logistics services at the Paris 2024 Olympic and Paralympic Games venues, in metropolitan France and Frenchoverseasterritories.

CMA CGM is joining forces with Paris 2024 to deliver more sustainable Games, careful of all of its operations’ environmental and social impact. The CMA CGM Group, which is committed to a sustainable approach targeting

Net Zero-Carbon by 2050, will provide low-carbon, energy-efficient logistics solutions. CMA CGM will leverage its transport and logistics solutions powered by LNG, biofuels, electricity or sustainable fuels, as well as barge transport for intra-city deliveries, to reduce the carbon impact of international transport services. The Group will also ensure that packaging and warehousewasteareoptimized.

The Group also undertakes to use its Official Partner status and the high profile this affords it to help create value across the regions and raise public awareness of the key goals of environmental protection and social inclusion. To carry out this partnership, CMA CGM will set up a dedicated social integration program, respecting theprinciplesofinclusionanddiversity.

has become India’s largest oil supplier’: Russian Envoy

MOSCOW: Russia has become India’s largest oil supplier and significantly contributed to the country’s energy security, said Russian Ambassador to India Denis Alipov while addressing the Indian Council of World Affairs(ICWA)-RussianCouncilDialoguerecently.

He said that Russia is successfully developing an alternative transport route, the North-South ITC, to attract partners to large-scale energy and infrastructure projects in the Russian forest in Siberia for the northern searoute.

There is an immense prospect in sectors such as airport infrastructure, sea and rail infrastructure, steel production, petro-chemistry, startups, aircraft and shipbuilding, agriculture, advanced technology, development,anddigitalization,Alipovstated.

The Russian Ambassador to India further added that the country has a lot to offer to India and vice-versa in all

these areas, with western companies leading. “India has taken a neutral stance as regards excluding Moscow from multilateral institutions,” he added as quotedbyANI.

Earlier on Monday, the Russian Government banned domesticoilexportersandcustomsbodiesfromadhering toWestern-imposedpricecapsonRussiancrude.

The measure was issued to help enforce President Vladimir Putin’s decree of December 27 that prohibited the supply of crude oil and oil products from February 1, forfivemonths,tonationsthatabidebythecaps.

The G7 economies, the European Union, and Australia agreed on December 5 to ban the use of Western-supplied maritime insurance, finance, and brokering for seaborne Russian oil priced above $60 per barrel as part of Western sanctions on Moscow over its actionsinUkraine.

FESCO dispatches batch of electric cars from China to Russia

GUANGZHOU: FESCO Transportation Group planned a dispatch of new electric cars from the Chinese city of Guangzhou to Moscow in Russia via border crossingKhorgos/Altynkol(China/Kazakhstan).

The electric cars were carried in two container trains. The first train loaded inter alia with 25 FEUs with electric

cars arrived at station Beliy Rast on 25 January. Another 25 FEU containers were dispatched from China as part of thesecondtrainon18January.

The delivery time is expected to be 14 days. Starting from February, 50 FEU boxes are scheduled to be dispatchedwithinonetrainonceamonth.

‘Russia

NOTICE TO CONSIGNEES

m.v. “MSC CHARLESTON” V-IW305A I.G.M. No. 2334588 Dt. 04-02-2023 Exch. Rate 83.4

The above vessel has arrived on 05-02-2023 at NHAVA SHEVA (BMCT) with import cargo to NHAVA SHEVA from ANTWERP, SANTOS, FREEPORT, GRAND BAHAMA, CORNER BROOK, MONTREAL, VALPARAISO, CARTAGENA, HAMBURG, AARHUS, COPENHAGEN, SOKHNA PORT, HELSINKI, KEMI, KOTKA, RAUMA, FELIXSTOWE, RIJEKA, TRIESTE, AL 'AQABAH, RIGA, ALTAMIRA, ROTTERDAM, BREVIK, KRISTIANSAND, SVELGEN, GDYNIA, SAN JUAN, SINES, KING ABDULLAH PORT, PORT SUDAN, GOTEBORG, GAVLE, HALMSTAD, HELSINGBORG, NORRKOPING, BOSTON, NEW ORLEANS, NEW YORK, NORFOLK, SAVANNAH, SEATTLE.

Please note the item Nos. against the B/L Nos. for NHAVA SHEVA (BMCT) delivery.

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 DeliveryOrder for all imports deliveredatNhavaShevafrom our Import Documentation Dept. at Nhava Sheva - DN210 / DN211 / DN212, D-Wing, 2nd Floor, NMSEZ Commercial Complex, Plot No. 6, Sector - 11, Opp. JNPT Township, Dronagiri Node, Navi Mumbai - 400 707 , India and Mumbai - 1st Floor, MSC House, Andheri Kurla Road, Andheri (East), Mumbai - 400059 on presentation of duly discharged Original Bill of Lading and payment of relevant charges.

The container detention charges will be applicable after standardfree 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.

Incase of any query, kindly contact Import Customer Service - (022) 66378123; IN363-imports.mumbai@msc.com

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

You can also visit our website: www.msc.com/ind/help-centre/tools/import-general-manifest-information

As Agents :

SHIPPING MOVEMENTS AT DEENDAYAL PORT

TODAY’S TIDE 07/02/2023

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

LIQUID CARGO VESSELS

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

ADANI INTERNATIONAL CONTAINER TERMINAL (AICT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

ADANI CMA MUNDRA CONTAINER TERMINAL PVT LTD (ACMTPL), MUNDRA

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

OTHER PORTS OF GUJARAT

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

NSICT

I.G.M. FILED AT JAWAHAR CUSTOMS FOR JNP/NSICT/NSIGT/BMCT/GTI

GTI

Vessel Name (Voy) Sailing Dt. Next Port EXPORT SAILING FROM JNP

Tai (V-225)

Africa One

P (V-43W)

of Dubai (V-043W)

IMPORTER'S GUIDE

W. E. F. 03-02-2023

´´ ´ ´ We are not responsible for any mistake. ALL RATES ARE PROVISIONAL. The rates in this column are only meant for guidance.

VESSELS DUE/IN PORT FOR IMPORT DISCHARGE AT MUMBAI