MUM-07-03-2024

TherewillbeNoIssueof Daily Shipping Times on Friday, 8th March, 2024 onaccountof Mahashivratri

Vol.LXIVNo.45

th THURSDAY 7 MARCH 2024

See Pg. 5

Total Transport Systems, the First Consolidator, has successfully completed the maiden console export LCL movement from ICD Ankleshwar to JWR CFS (Nhava Sheva)

M U M B A I : T o t a l T r a n s p o r t Systems Ltd added another feather to its cap by inaugurating the M a i d e n C o n s o l e a t ICD Ankleshwar on 4th March 2024, as per a communique from the company Established in 1994, Total Transport Systems Ltd. has recently collaborated with CONCOR to launch Export LCL movement from ICD Ankleshwar to Nhava Sheva (JNPT).

Cont’d Pg. 4

Mr. Vivek Mishra & Mr. PriteshAcharya with Total Transport Team and Mr. Venkatesh Rajulu, Terminal Manager with Concor Team.

Total Transport Systems, the First Consolidator, has successfully completed the maiden console export LCL movement from ICD Ankleshwar to JWR CFS (Nhava Sheva)

Cont’d from Pg. 3

There was a growing need from the Export-Import Trade in South Gujarat for such a service from a reliable and trustworthy operator.

T h i s p a r t n e r s h i p b e t w e e n CONCOR and Total Transport marks a significant milestone in streamlining trade operations and enhancing the competitiveness of businesses in this region.

“By facilitating smoother cargo movement, we are not only meeting the demands of the market but also fostering economic growth and development,” stated CONCOR. The collaboration is expected to not only meet but exceed the expectations of valued customers, enabling them to conduct their business operations more efficiently and effectively, it further added.

With a pan-India presence in every cargo-generating centre and supported by a top-class global network, Total Transport is a trustworthy force to reckon with. Starting humbly in Far East & Gulf in 1994, it has become an undisputed leading reference for LCL services in the industry, keeping its promises across various verticals such as Pharma, Automobile, Chemicals, Engineering, and Infrastructure.

Total Transport Systems Ltd. is a leading integrated logistics service provider and LCL consolidator in India with activities spanning across the logistics spectrum The company is driven by a strong team of professionals with extensive industry knowledge and experience Over the years, it has emphasized maintaining the highest quality standards and constant innovation/improvements to deliver the most optimal freight solutions and superior service to its customers.

GPPL celebrates 25 Years of Successful LPG handling at the Port

PIPAVAV: GPPL (APM Terminals Pipavav) marks a significant milestone as it celebrates 25 years of successful and safe handling of Liquefied Petroleum Gas (LPG) at the port. This remarkable achievement stands as a testament to the long-standing partnership between GPPL and Aegis Vopak Terminals Limited, a leading name in global infrastructure solutions and a trusted partner in the safe and efficient handling of bulk liquid products and gases. The port started the environment friendly rail siding in the beginning of 2022 and within a few months, the port loaded 1000th LPG rake, reinforcing our commitment in providing safe movement of LPG cargoes by rail.

GPPL is investing in a new liquid berth to cater to the increasing demand for liquid cargoes and drive economic growth in the region The partnership has provided vital LPG supplies to major Public Sector Undertakings (PSUs) like Bharat Petroleum Corporation Limited, Indian Oil Corporation Limited, and Hindustan Petroleum Corporation Limited, contributing to the success of the Pradhan Mantri Ujjwala Yojna

Furthermore, in August 2023, GPPL elevated its liquid berth capability to a Very Large Gas Carrier (VLGC) compliant facility, providing a competitive edge in efficiently by handling VLGC vessels. Looking ahead, GPPL is poised to establish connectivity to the KGPL (Kandla Gorakhpur LPG Pipeline) by mid-2024 This strategic move is set to enhance the growth of L P G s u p p l y t o c e n t r a l a n d n o r t h e r n I n d i a , complementing existing road and rail evacuation capabilities.

As we celebrate 25 years of success, these strategic advancements affirm GPPL's commitment to innovation and growth in the dynamic landscape of LPG handling. We remain committed to continuously enhancing our capabilities and services to play a vital role in meeting the evolving LPG import needs of the nation.

Thierry EHRENBOGEN appointed Senior Vice President, Development & Strategic Account of the CMA CGM Group

MARSEILLE: The CMA CGM Group announces the appointment of Thierry EHRENBOGEN as S e n i o r V i c e P r e s i d e n t , Development & Strategic Account, effective from March 1st, 2024.

Until February 29, Thierry EHRENBOGEN was CEO of Bolloré Logistics, acquired by the CMA CGM Group from the Bolloré Group, where he had spent his entire career

Thierry EHRENBOGEN will be responsible for leading the key strategic accounts of the Group, ensuring

synergies between CMA CGM’s Shipping, Logistics and Air Freight divisions.

Montpellier Business

INSEAD’s Advanced Management Program in 2006.

Global Air cargo demand up 18% in January: IATA

LONDON: Global air cargo demand kicked off with an impressive 18 percent year-on-year (YoY) growth in January 2024 according to the latest data from the International Air Transport Association (IATA).

The industry therefore experienced the highest annual growth in cargo tonne-kilometers (CTK) since the 2021 summer season Seasonally adjusted (SA) CTKs grew 3 percent month-onmonth (MoM). Meanwhile, African airlines saw their air cargo volumes increase by 17 percent in January 2024, m u c h i m p r o v e d c o m p a r e d t o December’s performance (-1 2 percent) Carriers in the region benefitted from strong growth on the Africa-Asia trade

lane Capacity in January was 19 percent aboveJanuary2023levels

“Total demand, measured in cargo tonne-kilometers (CTKs*), increased by 18 percent compared to January 2023 levels (20 percent for international operations) This significant upturn marks the highest annual growth in cargo tonne-kilometers (CTKs) since the summer season of 2021,” reads the release. Capacity, measured in available cargo tonne-kilometres (ACTKs), was up 15 percent compared to January 2023 (18 percent for international operations) This was largely related to the growth in belly capacity International belly capacity rose 26 percent year-on-year (YoY) on

the strength of passenger markets.

“A i r c a r g o d e m a n d w a s u p 18 percent year-on-year in January This is a strong start to the year. In particular, the booming e-commerce sector is continuing to help air cargo demand to trend above growth in both trade and production since the last quarter of 2023. The counterweight to this good news is uncertainty over how China’s economic slowdown will unfold. This will be on the minds of air cargo executives meeting in Hong Kong next week for the IATA World Cargo Symposium with an agenda focused on d i g i t a l i z a t i o n , e f f i c i e n c y a n d sustainability,” said Willie Walsh, IATA’s Director General.

MSC MSC Agency Haifa. (INDUS) Hind Terminals

07/0308/03 07/03 10:30 MSC Camille IS408A P2659 292162-26/06 MSC MSC Agency U.K., North Cont., Scandinavian, Red Sea & Med Ports. Hind Terminals

14/0315/03 14/03 1100 MSC Auriga IS409A P2723 292654-04/03 SCI CMT Barcelona,Felixstowe,Hamburg,Rotterdam,Gioia Tauro, 21/0322/03 21/03 1100 MSC Ariane IS410A U. K. North Continent & Other Mediterranean Ports.

Himalaya Express NBCL Axis Shpg. Felixstowe, Rotterdam, Hamburg, Antwerp & All Inland Desti. Dronagiri-1 Service

Allcargo Allcargo Log. U.K., North Cont., Scandinavian & Med. Ports. Dron. 2 & Mul.

ICC Line Neptune Felixstowe, Hamburg,Rotterdam & other Inland Dest. GDL-3 & Dron-3

GLS Global Log. U.K., North Continent & Scandinavian Ports. JWR

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

Team Global Team Global Log. U.K., North Continent & Scandinavian Ports. Pun.Conware

08/0309/03 08/03 0900 MSC Aby IP410A P2661 292194-26/02 MSC MSC Agency Antwerp, Le Havre, Rotterdam, Dunkirk, Felixstowe, Southampton, Hind Terminals

15/0316/03 15/03 0900 Northern Javelin IP411A P2749 292805-06/03 Helsingborg, Gothenburg & Red Sea, Med, Gioia Tauro (D).

22/0323/03 22/03 0900 MSC Shay IP412A P2776 292670-04/03 SCI CMT Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre (EPIC / IPAK)

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.

TSS

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

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

Kalko Faredeal U.K., North Continent & Scandinavian Ports. Dronagiri-3

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

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

Team Global Team Global Log. U.K., North Continent & Scandinavian Ports. Pun.Conware

09/0310/03 08/03 1200 Colombo Express 4306W P2656 291251-24/02 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul

23/0324/03 TBATBA NYK Vesta 084W Hapag ISS Shpg. U.K., North Cont., Scandinavian, Red Sea & Med.Ports. ULA CFS

03/0404/04 TBATBA Express Rome 4310W

COSCO COSCO (I) U.K., North Cont., Scandinavian, Red Sea

La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 21/0322/03 21/03 1100 MSC Ariane IS410A

Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express)

Globelink Globelink WW USA, East & West Coast.

08/0309/03 08/03 0900 MSC Aby IP410A P2661 292194-26/02 MSC MSC Agency Boston, Philadelphia, Miami, Coronel, Guayaquil, Cartagena, Hind Terminals 15/0316/03 15/03 0900 Northern Javelin IP411A P2749 292805-06/03 Indial Indial Shpg. San Antonio,Arica,Buenaventura,Callao,La Guaira,Paita, 22/0323/03 22/03 0900 MSC Shay IP412A P2776 292670-04/03

Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel (EPIC / IPAK)

Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports.

AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3

Safewater Safewater Line US East Coast, South & Central America

10/0311/03 TBATBA Seaspan Ganges 4110 P2655 292156-25/02 CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah & Dron.-3 & Mul. 17/0318/03 TBATBA Athenian 4111 P2718 OOCL

Sharjah, Hamax, Bahrain, Dammam.

16/0317/03 TBATBA Nordpanther 02408W P2705 108566-01/03 QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas. (GIX) Speedy CFS

12/0313/03 12/03 2000 AS Sicilia 932 P2665 292215-26/02 ONE Line ONE (India) Jebel Ali. UnifeederUnifeeder Jebel Ali. (MJI) Dronagiri

12/0313/03 TBATBA AS Clarita 2405W P2512 290995-08/02 Asyad Line Seabridge Sohar, Jebel Ali, Hamad, Dammam. (IEX)

11/0312/03 TBATBA X-Press Altair 24006W P2670 292259-27/02 X-Press Feeders Sea Consortium Jebel Ali

18/0318/03 TBATBA Wan Hai 316 214W P2706 292516-01/03 Wan Hai Wan Hai Lines (I) (RGI) (RGI) UnifeederUnifeeder

14/03 15/03 14/03 0400 Maersk Virginia 411W P2643 291705-19/02 Maersk Line Maersk India Jebel Ali, Salallah (Blue Nile) Maersk CFS

TO LOAD FOR WEST ASIA GULF PORTS From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From GTI

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

09/03 0200 Conti Contessa 117E P2650

ONE Line ONE (India) Colombo. 14/0316/03 TBATBA YM Uniformity 071E P2702 Yang Ming Yang Ming(I) Contl.War.Corpn.

24/0325/03 TBATBA Seaspan Adonis 074E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 31/0301/04 TBATBA One Altair 064E HMM HMM Shpg. Seabird CFS

10/0311/03

11/0312/03 10/03 23:59 Shimin 19E P2615 291801-20/02

Evergreen Evergreen Shpg. P.Kelang, Tanjun, Pelepas, Singapore, Xingang, Balmer Law. CFS Dron. 21/0322/03 TBATBA Seattle Bridge 089E

UnifeederUnifeeder Qingdao, Shanghai, Ningbo. Dronagiri 25/0326/03 TBATBA Ever Sigma 125E

PIL/ONE PIL India/One(I) —/— 01/0402/04 TBATBA Celsius Naples 901E

Hapag ISS Shpg. P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS 08/0409/04 TBATBA TS Ningbo 24002E

15/0416/04 TBATBA Ever Excel 173E

22/0423/04 TBATBA Ever Ethic 167E

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

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

HMM HMM Shpg. P.Kelang(S), Singapore, Xiangang,Qingdao, Kaohsiung. Seabird CFS (CISC Service)

Samudera Samudera Shpg. P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri

CU

Singapore, Hongkong, Maersk CFS

20/0322/03 TBATBA X-Press Cassiopeia 24012E P2681

25/0326/03 TBATBA X-Press Phoenix 24013E P2726

09/0310/03 09/03 0200 Conti Contessa 117E P2650

292360-28/02 X-Press Feeders Sea Consortium Kwangyang, Pusan, Hakata, Shanghai. (NWX/FI-3)

292693-04/03 Sinokor/Heung A Sinokor India Port Kelang, Singapore, Qingdao, Xingang, Pusan Seabird CFS

ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 14/0316/03 TBATBA YM Uniformity 071E P2702

Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 24/0325/03 TBATBA Seaspan Adonis 074E HMM HMM Shpg. Seabird CFS

31/0301/04 TBATBA One Altair 064E

Samudera Samudera Shpg. Dronagiri (PS3 Service)

10/0311/03 09/03 2200 Cap Andreas 009E P2666

Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai Ocean Gate

292225-27/02 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 17/0318/03 TBATBA San Francisco Bridge 070E P2737 292759-05/03 X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang. 24/0325/03 TBATBA X-Press Bardsey 24002E Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri

29/0330/03 TBATBA Wide Alpha 245E RCL RCL Ag. Port Kelang, Singapore, Laem Chabang. (TIP Service) HMM HMM Shpg. Port Kelang(N), Port Kelang(W), Singapore. Seabird CFS

11/0312/03 TBATBA Tessa 2401E P2634 291976-22/02 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang, Cai Mep

13/0314/03 TBATBA RDO Favour 2402E P2701 292490-01/03 CU Lines/KMTC Seahorse/KMTC(I) (VGX)

19/0320/03 TBATBA ESL Kabir 02408E P2683 Emirates Emirates Shpg.

15/0317/03 TBATBA Wan Hai 515 E089 P2668 292246-27/02 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS

22/0324/03 TBATBA Wan Hai 513 E091 COSCO COSCO Shpg. Ningbo, Shekou.

29/0331/03 TBATBA Wan Hai 311 E231

InterasiaInterasia (CI2)

HMM HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS

CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai.

17/0319/03 TBATBA Seamax Stratford 128E P2680 292359-28/02 OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo, GDL/Dron-1

26/0328/03 TBATBA OOCL Genoa 069E APL CMA CGM Ag. Dron.-3 & Mul.

02/0404/04 TBATBA Zim

24/0325/03 TBATBA Ever Ulysses 158E P2732

Ship

Evergreen Evergreen Shpg. BalmerLaw.CFSDron. 31/0301/04 TBATBA Synergy Keelung 011E

07/0408/04 TBATBA Kota Layang 094E

InterasiaInterasia (RWA / CIX 4)

Emirates Emirates Shpg.

10/0311/03 09/03 0300 KMTC Delhi 2401E P2625 291825-20/02 KMTC KMTC (India) Port Kelang(W), Hongkong, Qingdao, Kwangyang, Dronagiri-3

15/0317/03 TBATBA ESL Nhava Sheva 2408E P2686 292379-28/02 TS Lines TS Lines (I) Pusan, Ningbo, Shekou, Singapore. Dronagiri-2

25/0326/03 TBATBA KMTC Colombo 2402E COSCO COSCO Shpg. (AIS SERVICE)

30/0331/03 TBATBA Ian H 02410E Emirates Emirates Shpg. Port Kelang, Hongkong, Qingdao, Kwangyang, Pusan,Ningbo, Shekou, Singapore. Dronagiri-2

10/0312/03 10/03 1500 Seamax Westport 093E P2629 291883-21/02 COSCO COSCO Shpg. Singapore, Hongkong, Shanghai, Ningbo, Shekou, 25/0326/03 TBATBA Xin Hongkong 069E APL CMA CGM Ag. Nansha, Taichung, Kaohsiung. Dron.-3 & Mul (CI 1) OOCL/RCL OOCL(I)/RCL Ag. GDL/—

CU Lines Seahorse Ship Singapore, Shanghai, Ningbo, Hongkong, Taichung, Kaohsiung.

10/0311/03 10/03 1200 MSC Capella GA410R P2654 292176-26/02 MSC MSC Agency Port kelang, Singapore, Tanjung Pelepas, Laem Chabang, Hind Terminal

18/0319/03 TBA 0900 MSC Rania GA411R Vung Tau, Da Chan Bay, Shekou (SENTOSA SHIKRA)

13/0314/03

Bay, Luanda, Dron.-3 & Mul.

15/0316/03 TBATBA Bfad Pacific 410S P2641 Maersk Line Maersk India Pointe Noire, Tincan, Apapa, Tema, Cotonou, Lome, Capetown. Maersk CFS

23/0324/03 TBATBA Fayston Farms 411S P2715 292480-29/02 DAL Seatrade Durban, Port Elizabeth, Capetown, Maputo, Beira. (MIDAS-2)

10/0311/03 TBATBA Maersk Cape Town 411S P2580 291456-14/02 Maersk Line Maersk India Mombasa, Victoria. Maersk CFS

17/0318/03 TBATBA Maersk Cabo Verde 412S P2639 291710-19/02 (MWE SERVICE)

12/0313/03 12/03 2000 AS Sicilia 932 P2665 292215-26/02 ONE Line ONE (India) Mombassa, Beira, Maputo. (MJI)

12/0313/03 TBATBA CMA CGM Masai Mara 0MSIDW1 P2662 292199-26/02 Maersk Line Maersk India Durban, Luanda, Pointe Noire, Aapapa, Tincan, Maersk CFS

19/0320/03 TBATBA CMA CGM Kribi 0MSIFW1 P2739 CMA CGM CMA CGM Ag. Cotonou (Direct), Port Elizabeth, Port Louis (MESAWA) Dron.-3 & Mul.

13/0314/03 12/03 23:59 Shamim

GlobelinkGlobelink West & South African Ports. Safewater Safewater Lines East, South & West African Ports (EPIC / IPAK)

AP Chambers requests AAI for customs notied cargo centre in Vijayawada Airport

A M A R AVAT I : T h e A n d h r a Pradesh Chambers of Commerce and Industry Federation (AP Chambers) recently wrote to the Chairman of the Airports Authority of India (AAI) to set up a customs notified cargo centre in Vijayawada.

Addressing a letter to Sanjeev Kumar, chairman, AAI, P Bhaskar, chairman, AP Chambers noted that Andhra Pradesh is one of the largest exporters of aquaculture, agriculture and allied products with a massive potential to be airlift exports to major

destinations around the world.

“Andhra Pradesh is one of the largest exporters of aqua, agriculture a nd a llie d pr o du c t s in India They have huge potential to be exported from Andhra Pradesh to major destinations around the world. These perishable products need to be airlifted,” said Bhaskar

C o n s i d e r i n g G a n n a v a r a m airport’s (Vijayawada Airport) potential, he said the airport authorities have designated a building for cargo operations to

handle the movement of shrimp, f i s h , v e g e t a b l e s , f r u i t s , pharmaceuticals, auto components and several others

Further, he highlighted that approximately 800 tonne of cargo moving from the Hyderabad Airport originates from Vijayawada and vicinity

Amid this backdrop and promising scope, Bhaskar requested a customs notified cargo centre to save money a n d t i m e f o r e x p o r t e r s f r o m Vijayawada and surrounding areas.

PM inaugurates CONCOR’s Jajpur, Odisha Multimodal Logistics Park

NEW DELHI: Nation takes a giant step in promoting ease of doing business and creation of logistics infrastructure as Hon'ble Prime Minister, Shri Narendra Modi Ji inaugurated CONCOR’s M u l t i m o d a l L o g i s t i c s P a r k (MMLP) at Jajpur, Odisha and flagged off (through VC) the 1st Container Train laden with c a r g o f r o m M M L P J a j p u r t o CONCOR’s Terminal at ICD Dadri, Uttar Pradesh at a glittering ceremony on 05.03.2024.

CMD CONCOR Shri Sanjay Swarup was present at the event along with officers from Indian

Railways. The newly commissioned facility is expected to boost seamless movement of freight and facilitate overall economic development of the State of Odisha.

A game-changer for Odisha's export-import dynamics, logistics efficiency, and trade growth.

PM Modi is leading the charge for a prosperous, connected India

Modi Govt will lift trade and manufacturing in third term

NEW DELHI: Prime Minister Narendra Modi’s Government has pledged to boost manufacturing in India as it seeks a third term in power, potentially increasing the country’s control on supply chains and creating jobs, a government advisor said.

Modi’s Government would target the export-oriented sectors that face high import duties which hurt their competitiveness, Arvind Virmani, a member of the government’s policy making agency Niti Aayog, was quoted in a recent interview

A Modi administration would also focus on lowering trade barriers and improving output-linked incentive plans, he said, adding that the finance

ministry is identifying sectors where duties can be reduced.

Earlier this year, India reduced tariffs on several mobile-device components to boost production and make exports competitive. Industries including textiles, leather, and engineering goods have all made the case for lower import duties.

Modi is luring manufacturers to the country with heavy incentives, such as tax cuts, rebates and capital support The strategy is showing early successes with firms like Apple Inc. and Samsung Electronics Co. ramping up production in India.

However, the World Bank put the share of manufacturing in the nation’s

gross domestic product at about 13% in 2022, while the South Asian nation had hoped to increase that figure to 25% by 2025.

Virmani said India should also expedite pacts with major trading partners, including the US, to take advantage of investors’ appetite for diverse supply chain that reduce reliance on China.

Modi’s Government is thrashing out agreements with the United Kingdom, European Union and Gulf nations to boost local manufacturing and job creation. Trade talks with the UK are in the final stages, while negotiations are ongoing with Australia and the EU.

Blackstone to double its holdings of Indian warehouses

MUMBAI: Blackstone Inc plans to more than double its holdings of I n d i a n w a r e h o u s e s a n d m a y e v e n t u a l l y t a k e t h e l o g i s t i c s b u s i n e s s p u b l i c a s t h e a s s e t manager increases its bets on the world’s fastest-growing major economy.

The New York-based firm may boost the warehouse space to at least 100 million square feet in India in two to three years, according to Kathleen McCarthy, co-head of the global real estate business. Blackstone would eventually look to raise money from the booming business through a large strategic sale or public offering in the next 12 to 24 months, she said in an interview in Mumbai.

Blackstone is seeking to expand its $20 billion portfolio of Indian real estate — including office space and hotels even as investors grow cautious on the sector in many parts of the world amid high borrowing costs and rising vacancies for

commercial property

Blackstone’s real estate trust for wealthy individuals just resumed allowing customers to pull money without constraints after limiting withdrawals for about 15 months to avoid forced selling. A major share class of the trust posted a 0.5% loss in 2023, the lowest annual return since its 2017 debut.

The $1 trillion asset manager expects activity to pick up after one of the slowest years for deployment, McCarthy said. The firm invested $15 billion in property last year, less than a third of the nearly $48 billion spent the p r e v i o u s y e a r, a c c o r d i n g t o presentations on the firm’s website.

“We see globally there’s a more favorable climate for real estate moving forward,” McCarthy said, declining to say how much of the $65 billion in dry powder for real estate would be deployed in India. McCarthy helps to oversee the $337 billion global real estate business.

Warehousing will be a key focus in India, including so-called lastmile assets, typically smaller storage spaces close to end users of goods “It has a much larger moat around it than traditional first-mile warehousing, and we want to try and integrate it into our platform,” said Asheesh Mohta, Senior Managing Director and head of real estate acquisitions for Blackstone India.

Besides warehousing, Blackstone plans to build a new platform for hospitality in India, with the economy projected to grow about 7 6% this fiscal year, based on Government estimates.

“ T h e r e ’ s s o m u c h d e m a n d domestically, and there’s going to be so much demand internationally coming into this market,” McCarthy said. “India has a very limited supply of chain brands that really attract so much of both business and leisure travel.”

m.v. “SEAMAX WESTPORT” ZIM V - YTE 17/E

The above vessel has arrived at BMCT on 10/03/2024 with Import Cargo in containers.

GOSUBKK80317383

GOSUBKK80317756

GOSUBKK80319599

GOSUGZH0369251

GOSUHCM80385071

WTSNHS2402033

HLC202402071

HLC202402072

GOSUSIN8143921

GOSUSIN8143974

GOSUSIN8144138

GOSUSIN8144139

GOSUSNH1525468

GOSUSNH1525477

GOSUSNH1525478

GOSUSNH1525491

GOSUSNH8423366

GOSUSNH8462878

GOSUSNH8462879

GOSUSNH8462880

GOSUBKK80313235

GOSUSIN8144824

GOSUHCM80379018

GOSUHCM80385655

GOSUHCM80385681

GOSUHCM80385869

GOSUHCM80381615

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

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

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

For detailed information on cargo availability please contact our office.

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

Container Movement to : OCEAN GATE CONTAINER TERMINAL PVT. LTD.

As Agents :

STAR SHIPPING SERVICES (INDIA) PVT. LTD.

Raheja Centre-Point, 3rd

NOTICE TO CONSIGNEES

294,

Road, Near Mumbai University, Kalina, Santacruz (East), Mumbai - 400 098. Tel : 91-22-4252 4301 Fax : 91-22-4252 4142

m.v. “MSC RIDA” V- IU409A I.G.M. No. 2370573 Dtd. 05-03-24 Exch rate 85.43

The above vessel has arrived on 06-03-2024 at NHAVA SHEVA (NSIGT) with import cargo from CORNER BROOK, MONTREAL, CAUCEDO, ALTAMIRA, BOSTON, CHARLESTON, HOUSTON, MIAMI, MOBILE, NEW YORK, SAVANNAH, CAPE TOWN.

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

84 MEDUPX522030

85 MEDUPX499379

86 MEDUPX516792

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 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 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. 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 :

Maritime Incident in Gulf of Aden, Navy Chief afrms commitment to maritime security

NEW DELHI: An official statement from a spokesperson for the Indian navy reported on a maritime incident early Tuesday morning in the Gulf of Aden involving a Liberian-flagged vessel, the MV MSCSky ll According to the statement, the vessel was attacked by drones or missiles and caught fire on March 4. The Navy promptly responded to the incident with INS Kolkatta, which was deployed in the r e g i o n f o r m a r i t i m e s e c u r i t y operations.

A specialized firefighting team from INS Kolkata, comprising 12 personnel, boarded the vessel on the morning of March 5th to assist with firefighting efforts.

A d d i t i o n a l l y, a n E x p l o s i v e Ordnance Disposal (EOD) team aided in assessing residual risks.

The vessel, carrying a crew of 23

individuals, including 13 Indians, was escorted to safe waters The swift response by Indian navy assets underscores their commitment to ensuring the safety of merchant shipping and seafarers in the region.

Chief of Naval Staff Admiral R Hari Kumar while speaking to the media persons in Goa addressed concerns over recent attacks by militants on merchant ships in the Red Sea. He also emphasised the navy’s aggressive stance against piracy and its dedication to maintaining peace and stability in the Indian Ocean region.

“We are committed to ensuring there is peace at sea. We will not allow piracy to resume. We are aggressively targeting it. We will not allow the Indian Ocean to be disturbed, e s p e c i a l l y a b o u t t r a d e , ”

Nashik to host Maharashtra’s 3rd

NASHIK: Close on the heels of awarding the contract for the development of Maharashtra’s inaugural Multi-Modal Logistics Park (MMLP) in Nagpur, the NHAI has now invited bids to construct a MMLP in Nashik.

The Rs 336.55 crore logistics park in Niphad taluka of Nashik is being executed by the National Highways L o g i s t i c s M a n a g e m e n t L t d (NHLML), a special purpose vehicle of the National Highway Authority (NHAI). The project will be developed under a design-build-financeoperate-and-transfer (DBFOT) framework.

Significantly, the Nashik MMLP will mark the third logistics park of its kind in the state, following the Nagpur and Pune MMLPs.

In December 2023, the NHAI had signed an agreement with DC

Admiral Hari Kumar stated.

The Admiral highlighted the challenges posed by conflicts in other regions spilling over into maritime territories. “The situation is not very good The Houthis have been targeting merchant ships… that’s p e a c e f u l s h i p s , s h i p s l a r g e l y belonging to either Israel, US or UK or Israeli owned,” he noted He also emphasised the innovative use of technology such as drones in these attacks. Furthermore, Admiral Hari Kumar discussed the navy’s support for merchant ships passing through the Red Sea and the Indian Ocean region. “Primarily, we are looking at the Indian-flagged vessels, but we are also assisting any vessel that seeks our assistance… We have given a very clear message that we will not tolerate such acts,” he stated.

Multi-Modal

Multi-Modal Park (Nagpur) Limited, a special purpose vehicle of Deltabulk Shipping, the Indian unit of the London-based Delta Corp, for the development of the MMLP in Nagpur It is being developed in an area of 150 acres under the Public Private Partnership model at an estimated cost of Rs 673 crore.

In December last year, the NHAI also invited bids for the construction of a logistics park in Pawalewadi village, located in the Maval taluka of Pune, with an estimated investment of Rs 1,360.79 crore.

U n d e r t h e P M G a t i S h a k t i National Master Plan, the Ministry of Road Transport and Highways has decided to develop 35 multi-modal logistics parks (MMLPs) across India, targeting some of the highest freight movement regions in the country.

Logistics Park

Nashik is one of the foremost locations selected for the creation of a multi-modal logistics park under t h i s s c h e m e . T h e s e m e g a establishments aim to reduce logistics costs to 8-9 per cent of the gross domestic product (GDP) Currently, logistics account for 14 per cent of GDP , making India less competitive on the global stage Catering to 50 per cent of the nation’s road freight movement, the MMLPs will maximise the efficiency of goods movements across the country.

To date, contracts have been awarded for five MMLPs, including Nagpur, Chennai, Indore, Bengaluru and Jogighopa. The pioneering multimodal logistics park, situated in Jogighopa, Guwahati, Assam, had its foundation laid in October 2020, with a projected completion date of this year.

Kerala offers investment subsidy for logistics parks, unveils draft policy

KOCHI: Kerala Industry Minister

Shri P Rajeeve has released the Draft Logistics Policy, announcing an i n v e s t m e n t s u b s i d y o f u p t o Rs 7 crore for logistics parks in the State. According to the proposal, a 10-acre logistics park will get a subsidy of Rs. 7 crore, and for a five-acre mini-park, Rs 3 crore will be provided. The draft policy also recommends declaring logistics parks as industrial zones and establishing a single window system for approval of the parks.

The report of the Directorate of Industries and Commerce says that industrial land can be released for logistics purposes. “Products worth Rs. 1.5 lakh to Rs. 1.5 lakh crore are

arriving in Kerala from other Indian States and this opportunity should be fully utilised,” the minister said, while presenting the draft policy.

Stakeholder meeting

A meeting of the L ogistics Consultative For um involving industry stakeholders in the region was also held in connection with the unveiling of the draft policy to tap into India’s logistics industry, which is growing by 8.8 per cent annually

As per the draft policy, the skill development projects required for the logistics sector will be formulated in the areas of storage, transportation and other services.

The draft policy recommends stamp duty exemption for logistics

and mini logistics parks It also envisages a State-level Logistics Coordination Committee headed by the Chief Secretary, a Logistics Cell headed by the Principal Secretary of the industries Department and a Special Committee for cities.

Suman Billa, Principal Secretary of Industries Department said logistics was of special importance in Ke r a l a a s a c o n s u m e r S t a t e He said Kerala consumes more than 6 per cent of the country’s fast-moving c o n s u m e r g o o d s ( F M C G ) The government intends to use this potential to bring employment opportunities in the logistics sector through a comprehensive policy, he added.

CJ-II

CJ-VI VACANT

CJ-VII

CJ-VIII ER Maden BS Shpg. 09/03

CJ-IX Avon Trader Mihir & Co. 09/03

CJ-X VACANT

CJ-XI VACANT

CJ-XII VACANT

CJ-XIII Pagoda Rishi Shpg. 10/03

CJ-XIV VACANT

CJ-XV VACANT

CJ-XVA BBC Iceland Marcons 10/03

CJ-XVI Yasa Pioneer Chowgule Bros 09/03 TUNA

VESSELS IN PORT & DUE FOR

OJ-IV

OJ-V

OJ-VII

SHIPS

WITH EXPORT CARGO

(V-4W)

(V-4109)

14/03 BFAD Pacific (V-410S)

CGM Agency

Sheva

Myny (V-OIX63W) CMA CGM Agency Jebel Ali

NSICT

NSIGT

Vessel Name (Voy)

Stephanie

Ren

06-03-2024 ACMTPL

GH Tramontane (V-02SGZS1) 07-03-2024 Mundra

BMCT

Hedwig

MSC Lucy (V-IP409A) 02-03-2024 Hazira

Niledutch Lion (V-4310W) 03-03-2024 ACMTPL

APL Qingdao (V-OINGBW1) 04-03-2024 ACMTPL

MSC Graneda III (V-IB408A) 04-03-2024 Hazira

Grasmere Maersk (V-410W) 06-03-2024 Hazira

OOCL Hamburg (V-043E) 03-03-2024 Pipavav

Wan Hai 501 (V-E245) 03-03-2024 Cochin

Celsius Nairobi (V-0904) 04-03-2024 Jebel Ali

Clemens Schulte (V-030E) 04-03-2024 Colombo

OOCL Luxembourg (V-108E) 06-03-2024 Pipavav

Value (V-OMXTEW1) 07-03-2024 AICT

Kmarin Azur (V-409W) 01-03-2024 Mundra

Ever Envoy (V-186E) 01-03-2024 Karachi

Zoi (V-112E) 01-03-2024 Hazira

Xin Pu Dong (V-0272E) 02-03-2024 AICT

SSF Dynamic (V-066W) 03-03-2024 Khalifa

API Bhum (V-006E) 03-03-2024 AICT

ESL Dachan Bay (V-0406E) 04-03-2024 Hazira

MSC Sofia(V-GA409R) 05-03-2024 Colombo

Palermo (V-24007W) 05-03-2024 MICT

MSC Leo VI (V-IW408A) 06-03-2024 Colombo

Xin Beijing (V-143E) 06-03-2024 Pipavav

Haian West (V-24008) 06-03-2024

MSC Maria Laura II (V-JU409R) 07-03-2024

Advance (V-049W) 07-03-2024

NSD-3

LB-1

´´ ´´

MSC Rida MSC Agency

GTI

GTI-1 Cap San Lazaro Maersk India

GTI-2 Ever Unity Evergreen Shipping

BMCT

BMCT-1 CMA CGM Columba CMA CGM Ag. (I)

BMCT-2

BMCT-3 Hyundai Colombo HMM Shipping

W. E. F. 16-02-2024

ON 06-03-2024 ´ ´ ´ ´ FOREIGN EXCHANGE RATES

NAME

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

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

OSLO: Shipping company

Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world's first PCTC vessel to run on ammonia. Today, they have been granted almost USD 14 million (NOK 146 million) in Enova funding to use the alternative and sustainable fuel for two of their vessels.

Director of Technology and Market Development in Enova, Astrid Lilliestråle is pleased with Höegh Autioliners’ plans to introduce ammonia-powered vessels to its fleet:

“We note that the shipping company aims to be at the forefront of adopting ammonia in ships and has ambitions to take measures to adapt to necessary changes and future requirements towards the low-emission society” Gradual increase in ammonia proportion

Höegh Autoliners has a total of 12 Aurora Class vessels on order The vessels transport rolling cargo such as cars, agricultural machinery, and mining equipment, as well as general solo cargo needing to be shipped.

All 12 vessels are designed with engines that run on liquefied natural gas (LNG) and low-sulfur oil, and with an ammonia-ready certification from DNV. To use ammonia as fuel, the installation of an ammonia engine and an additional tank to maintain sufficient range are required.

Therefore, Höegh Autoliners has applied for Enova funding for two of their 12 confirmed vessels to reduce the additional cost of this solution compared to a vessel that would be "ammonia ready".

The company aims to use mostly carbon-neutral ammonia as fuel from the moment the vessels enter into service. It is expected that it could take some time before availability and price reach satisfactory levels, with a gradual ramp-up expected from 2027.

These vessels will significantly contribute to the company's goal of achieving net zero emissions by 2040.

Höegh Autoliners, as one of the first and few shipping companies globally, has secured access to the first ammonia 2-stroke engines delivered by MAN.

Each of Höegh Autoliners' two planned ammonia vessels has been granted almost USD 7 million (NOK 73 million), with thetotalcomingtoalmostUSD14million(NOK146million) Demonstrates leadership in the deep-sea segment

Shipping accounts for around 3 percent of global emissions, and 90% of shipping emissions come from deepsea transportation.

Höegh Autoliners already operates some of the world's most sustainable PCTC vessels, equipped with fuel-saving technologies With the order of 12 zero-emission-ready Aurora Class vessels and the potential for conversion to run on ammonia, the company positions itself at the forefront of zero-emission international shipping.

With a capacity of up to 9,100 cars, the Aurora Class vessels will be the world's largest and most environmentally friendly car carriers ever built.

"At Höegh Autoliners, we take leadership by actively collaborating with a wide range of highly qualified and dedicated suppliers to make clean ammonia viable as a zeroemission shipping fuel. We believe it is important for shipping companies to send a clear signal to the rest of the value chain that the technology can be realized in a short time and that there will be demand for carbon-neutral fuel. Almost all Höegh Autoliners vessels sail under the Norwegian flag and have significant Norwegian content from the Norwegian cluster," says CEO of Höegh Autoliners, Andreas Enger.

“The support from Enova, together with our innovative multi-fuel vessel design, significantly helps derisking the choice of bringing the first zero-carbon vessels to our industry The race towards decarbonizing the industry will take decades, not years. Nevertheless, no progress will be made without pioneering companies taking decisive steps to shape the future," continues Andreas Enger

HMM collaborates with Hellmann Worldwide Logistics for sustainability initiatives using Green Sailing Service

SEOUL: As part of efforts to manage Scope 3 emissions, HMM has assisted Hellmann Worldwide Logistics (Hellmann) in reducing its carbon emissions following the use of the Green Sailing Service, a low-carbon transport solution.

The Green Sailing Service is a carbon insetting platform introduced by HMM that enables customers to lower their carbon footprint proactively and address Scope 3 emissions effectively The methodology for this service is advised by PwC Korea.

Carbon Insetting

Carbon Insetting directly reduces carbon emissions in the sector where they are actually emitted during their business activities, whereas Carbon Offsetting works by purchasing certificates or funding a carbon reduction project outside the business realm.

Scope 3 emissions

Scope 3 emissions are the result of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly affects in its value chain.

For the Green Sailing Service, HMM has used secondgeneration marine biofuel, consisting of 30% biodiesel derived from non-food biomass (UCOME, Used cooking oil methyl ester) and 70% high-sulfur fuel oil (HSFO) The amount of CO2 saved using marine biofuel was allocated to Hellmann for the Scope 3 emission reduction during maritime transport.

HMM currently uses biofuels on its designated vessels to generate less carbon emissions on a lifecycle basis (Well to Wake) Other alternative fuels, including LNG and

methanol, are expected to be available in the latter half of the year or early next year

In addition, HMM will issue a ‘Green Sailing Service Declaration’ that contains the amount of carbon reduction and alternative fuels used based on relevant documents. Third-party certification will also be provided in the near term.

“We are delighted to experience one of the finest examples of successful cooperation between industries making meaningful progress toward a net-zero future Together with Hellmann, we will continue to develop mutually beneficial relationships and, at the same time, welcome anyone with whom we can share the ambitions for environmental initiatives and find a way to go green.” says Shin Kim, Chief Container Business Ofcer (CCO) of HMM.

"As a sector with a substantial impact on global CO2 emissions, we carry a significant responsibility to foster greener logistics. Through our collaboration with HMM and active involvement in the Green Sailing Service program, Hellmann is reaffirming its commitment to sustainable practices in the seafreight industry By providing our clients with insetting solutions, we directly reduce CO2 emissions where they are being produced rather than merely offsetting them. I firmly believe that this approach is the path forward for the global container shipping industry to make a meaningful impact and to enable our customers to decarbonize their supply chains," says Jens Wollesen, Chief Operating Ofcer (COO), Hellmann Worldwide Logistics.