MUM-12-04-2023

DP WORLD appoints Ashwani Nath as Chief Commercial Officer for Logistics

MUMBAI:DPWorld,theleadingproviderofsmartendto-end logistics, has announced the appointment of Ashwani Nath as its Chief Commercial Officer for Logistics in the subcontinent. Ashwani will lead the commercial organization and prioritise growth initiatives for all logistics businesses in DP World Subcontinent. This appointment aligns with DP World's vision to drive exponential business growth and serve a larger array of BeneficialCargoOwners(BCOs).

Rizwan Soomar, CEO & MD India Subcontinent & Sub-Saharan Africa, DP World, said, "Ashwani is a versatile leader with an established record of optimising

DPIIT Logistics Division invites applications for LEAPS till April 15

NEW DELHI : Department for Promotion of Industry and Internal Trade (DPIIT) is accepting submissions until April 15, 2023 to showcase best practices in the Indian logistics industry under its Logistics Excellence...

operational efficiency. His leadership skills and vast experience will help us in achieving our vision to drive exponential business growth by offering customers end-to-end logistics solutions. As we help our customers navigate the complexities of global trade, we are confident thatAshwaniwilldeveloprelevantsolutionstomaketrade flow.WewishhimtheverybestatDPWorld."

HAMBURG: The supply chain industryishopefulofabetterpeakseason thisyearandexpectsfreightdemandrecoveryintheQ2of 2023, according to the recently published monthly container market forecaster for April by the online logisticsplatform,ContainerxChange.

Ashwani Nath Chief Commercial Officer

Shipping Industry professionals anticipate market improvements already in Q2 2023 : Container xChange

DP WORLD appoints Ashwani Nath as Chief Commercial Officer for Logistics

Cont’d. from Pg. 3

Ashwani Nath, Chief Commercial OfficerLogistics, Subcontinent, DP World, said, "It is an honour to join the established and talented team at DP World Subcontinent. I am eager to work with the team in delivering the best the organisation has to offer to all our existing and potential customers. I would like to thank the organisation for this opportunity and look forward to unlocking value for our customers and stakeholders."

Ashwani brings over 35 years of distinguished career experience, having held several senior roles in leading companies across India, Sri Lanka, Italy, Netherlands, and France. He has led business development and solutions, creating optimization and efficiency improvement, successfully established market leadership in several of the businesses he has managed, created innovative solutions for stronger partnerships with key C-suite clients, set up new businesses, and turned around existing ones with excellentprojectmanagementskills.

Require JUNIOR EXECUTIVE for Customer Service Team at our Ahmedabad Office Candidate must be graduate, having minimum 1 year related experience in Shipping Industry (Fresher can also apply), English conversant & Computer literate can drop cv to : suphrs@evergreen-shipping.co.in

AT COLOMBO TRANSHIPMENT AT PORT KLANG WEST

India’s crude oil imports from Russia now double of traditional top supplier Iraq

NEW DELHI : India now imports twice as much crude oil from Russia as it does from Iraq, the country’s traditional main oil supplier, reaching a new high of 1.64 million barrels per day inMarch.But,asgrowthhasslowed,the purchases seem to have reached a plateau.

According to energy cargo tracker Vortexa, Russia remained the sole largest supplier of crude oil, which is transformed into petrol and diesel at refineries,forasixthconsecutivemonth by providing more than one-third of all the oil India purchased. Refiners

continue to snap up plentiful Russian cargo available at a discount to other grades.

Prior to the start of the RussiaUkraine war in February 2022, Russia had a market share of less than 1% in India’s imports; by March 2022, that percentagehadincreasedto1.64million barrelsperdayor34%.

The amount of oil purchased from RussiainMarchwasdoubletheamount of oil purchased from Iraq, which has been India’s top oil supplier since 2017–18, at 0.82 million barrels per day (bpd).

India, the third-largest importer of petroleum after China and the United States (US), has been buying relatively cheap Russian oil that was on sale after some nations in the West avoided it as retaliation for Russia’s invasion of Ukraine.

India’s petroleum imports from Russia increased a little every month from1.62millionbpdinFebruary.

Saudi Arabia ranked as the secondlargest crude oil exporter to India in March, selling 986,288 bpd, according to Vortexa. Iraq was the third largest provider,selling821,952bpd.

India wants key supply-chain role as firms shift from China : Nirmala Sitaraman

WASHINGTON: India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, Finance Minister Nirmala Sitharamansaid.

So-called production-linked incentive schemes covering 13 manufacturing sectors including for semiconductors “are bringing in global value chains into India,” Sitharaman

said at the Peterson Institute for International Economics. “By doing that, we hope to have production of manyoftheselarge,bulk-manufactured goods which can go from India” to meet both international and local demand, shesaid.

India last month laid out an ambitious target of hitting $2 trillion annually in overall exports by 2030 as the South Asian country makes a renewed push to become a top choice

for companies shifting supply chains awayfromChina.

Sitharaman gave the example of mobile-phone manufacturing — the Asian nation in 2014 produced very few devices and the industry had grown to become one of the world’s biggest exporters.

SheisonaweeklongtriptotheUSto attend the World Bank and International Monetary Fund’s Spring Meetings.

TO

FOR

FOR EXPORT LOADING

SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

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

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

Global Log.

North Continent & Scandinavian Ports. JWR

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

Global TeamGlobalLog. U.K., North Continent & Scandinavian Ports.

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

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

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

TO

TO

FOR USA,

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

Feeders Sea Consortium Jebel Ali, Bandar Abbas.

LMR Logistic Ser. Jebel Ali, Bandar Abbas.

QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas.

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

Alligator Shpg. Aiyer Shpg. Jebel Ali.

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

Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports.

Bay Line Freight Conn. Port Sudan & Al Sokhna

ICC Line Neptune UAE & Upper Gulf Ports.

Ceekay Parekh Gulf Ports.

Team Leader Team Leader Dubai, Jebel Ali

Team Lines Team Global Log. Gulf Ports.

From BMCT

GDL & DRT

COASTAL SERVICE MOVEMENT

15/0516/05

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

894E Hapag ISS Shpg. P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS

TBATBA Ever Urban 172E

22/0523/05 TBATBA Navios Bahamas 890E

29/0530/05

TBATBA Wide Alpha 236E

CISC Service

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

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

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

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

BSS Bhavani Shpg. Port Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS

26/0427/04

28/0429/04

TBATBA GFS Giselle E2304 P0017

TBATBA Shanghai Voyager E2303

269383-03/04

Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo (CSC) Dronagiri

Heung A Line Sinokor India (CSC) Sinokor Sinokor India

TS Lines TS Lines (I)

Cordelia Cordelia Cont. Port Kelang, Far East & China Ports

Seabird CFS

Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS

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

PORTS from GTI

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

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

TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

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

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TO

FOR EAST, WEST & SOUTH AFRICAN PORTS from NSIGT

FOR EAST, WEST & SOUTH AFRICAN PORTS from GTI

FOR

from BMCT

DPIIT Logistics Division invites applications for LEAPS till April 15

Cont’d. from Pg. 3 ...AdvancementandPerformanceShield (LEAPS)initiative.

It would celebrate the demonstrated leadership of the logistics sector in transforming the Indian logistics industry and realizing the combined vision of the National Logistics Policy 2022 andPMGatiShakti.

Thecategoriesincludecorelogistics,MSME,startups, institutionsandspecialcategories.

StartupsandMSMEsareallowedtoparticipateincore logistics as well as special categories; however, they can alsoapplyformaximumoftwocategories.

Finalists maybe subject to a legal due diligence review by independent third-party evaluators. If the individual/ organization refuses to such a request, DPIIT holds the right to select the next highest scoring nominee as the awardwinner.

All NLEA winners, nominees or other applicants can alsoparticipateinLEAPS.

Sagarmala Innovation and Start-up Policy’ issued for Stakeholder Consultation : MoPSW

• Draft Policy aims to harness new technology developed by Indian Start-ups and entrepreneurs

• PM Narendra Modi termed startups as "backbone" of new India, continuing the same spirit through this policy, MoPSW is taking initiatives to promote start-ups through creativity and innovation: Shri Sarbananda Sonowal

NEW DELHI: A nation's growth is augmented by start-ups and entrepreneurs. In order to build a strong innovation ecosystem, the Ministry of Ports, Shipping and Waterways (MoPSW) issued draft on ‘Sagarmala Innovation and Start-up Policy’. This draft policy aims at nurturing start-ups and other entities to co-create the future of India’s growing maritime sector. This entails intensive collaboration of the organizations to build a strong eco-system facilitating innovation and Startups in the country that will drive sustainable growth and generate large scale employment opportunities. This enhances the cooperation and coordination between academic institutions, public sector, private sector and convergence of different schemes and programs to groom fresh ideas and approaches to resolve the issues and challenges to boost up the efficiency in the areas of operation, maintenance,andinfrastructuredevelopment.

Shri Sarbananda Sonowal, Union Minister, MoPSW stated: “the start-up India policy is the brainchild of PM ModiandthisistherightsteptakenbyMoPSWtocreate a strong ecosystem for fostering start-ups and innovation in the nation. This will surely promote innovation and entrepreneurship. Through this policy, MoPSW wants to enable start-ups to grow and prosper throughinnovations”

The designed framework enables the distribution of responsibilities and benefits among the various stakeholders. This is not only limited to the existing stakeholders but also includes upcoming young entrepreneurswithinnovativeideas.

Draft policy has identified several key areas for the startup to flourish including decarbonization, optimizing processes through data, maritime education, multi-modal transportation, manufacturing, alternate/ advance materials, maritime cybersecurity, smartcommunicationandmarineelectronics.

Details of draft ‘Sagarmala Innovation and Start-up Policy’:

• Digital Portal based selection of startups ensuring a transparentprocess

• Grantstocreateaminimumviableproduct/services (MVP), commercialization of proprietary technologyincludingmarketentryorscalingup

• Creation of ‘Launch pads’ at Ports for carrying out trials, facilitating pilot projects, establishing workingspaceandadoptingproductsandsolutions

• Annual Start-up Awards in the maritime sector recognizingdistinguishedeffortsofinnovation

• Organizing Buyer-Seller Meetings and providing TechnicalKnowledgeSupportforVcs

• Guidance to Non Registered Start-ups and IndividualswithpromisingideasinMaritimeSector including registration of start-up and availing Department for Promotion of Industry and Internal Trade(DPIIT)recognition

• RegulatorysupportinTendersandSub-contracting

• Legal and accountancy back up to start-ups for IPPatent filing, Company registration, annual filings andclosures

The promotion of start-ups shall be through development of Maritime Innovation Hubs (MIH) whichshallperformthefollowingfunctions:

• Develop incubators and accelerators with state of the art facilities to cover all aspects of the startup journeyfromideatoscaledproduct.

• Develop centralized repository containing all pertinent information to assist emerging entrepreneurs

• Attract investment for eligible start-up businesses andinnovativemaritimetechnology

• Entrepreneur development through ‘know-how’ sessions about the various aspects of the maritime industry and launching of innovation focused programs

• Collaborate with national & international stakeholders for mentorship, knowledge sharing and facilitate access to global subject matter experts,serialentrepreneurs,businessleaders,and investors with the potential to get their entry and scalingintheIndia

MoPSW feels proud to share that over the span of 8 successful years of Sagarmala, maritime sector has captured all the possible opportunities for the port-led development. Now, this policy will also create a field to establish a long-term action plans, network, infrastructure, and other resources to build a robust maritimeinnovationecosystem.

TO

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

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TO

TO

Hai Duong 68(Pan) SS2306 269703-07/04 Mitsutor Beira.

Autoliners Merchant Shpg. Durban, Tema, Dakar, Dar Es Salaam/Maputo/Mombasa-T/S at Durban, Abidjan / Lagos / Luanda & other ports in West Africa-T/S at Dakar

027

10/0512/05 Hoegh Trotter 37

NOTICE TO CONSIGNEES

Bahri Logistics Radiant Maritime Jakarta, Vietnam, Shanghai, Taicang.

Hoegh Autoliners Merchant Shpg. Masan, Kobe, Kawasaki.

m.v. “MSC RACHELE” V- XA310A I.G.M. No. 2340484 Dt. 11-04-2023 Exch. Rate 84.42

The above vessel is arriving on 12-04-2023 at NHAVA SHEVA (BMCT) with import cargo to NHAVA SHEVA from HALIFAX, CORONEL, VALPARAISO, DAMIETTA, MALAGA, BARCELONA, CARTAGENA, VALENCIA, FOS-SUR-MER, GIOIA TAURO, GENOA, LEGHORN, SALERNO, MANZANILLO, PUERTO SEGURO FLUVIAL (VILLETA), JEDDAH, TUNIS, 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 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 :

NHAVA SHEVA

Shipping Industry professionals anticipate market improvements already in Q2 2023 : Container xChange

Cont’d. from Pg. 3

The container price sentiment index (xCPSI), a sentiment analysis tool by Container xChange that concurrently surveys supply chain professionals on their short-term price expectations, continuedtoshownegativereadingsuntilmid-March.Butthe results consistently turned positive, reaching an all-time high at the beginning of April, when the index started showing confidencebuildingforthecomingquarter.

Whiletheindustrysentimentisgraduallyturningpositive, therehavebeenmanyheadwindsintheshippingsectorinQ1.

“The global container logistic ecosystem is like a spider’s web. One disruption does not linearly impact the knot. Instead, every disruption reverberates across the web—sometimes in unexpected directions. The increase in FED rates, the banking sector crisis, the strikes might seem concentrated in one region, but they have their impact across all trade lanes .” shared Christian Roeloffs, cofounder and CEO, of Container xChange as he commented upon the currentstateofthecontainershippingindustry.

Looking back at the first quarter of 2023

Overall, in the first quarter of 2023, North America registered the biggest decline in average prices for 20 ft dry cargo containers. After North America, the Middle East and ISC region witnessed the second biggest drop in container prices,followedbySoutheastAsia.(Seedatabelow)

demand and freight demand. The anticipated changes in the industry,particularlyaftercontractrenewalstowardstheend of the first half of 2023, signal a crucial time for preparation. With cautious optimism, we foresee that this year’s peak season will be better than the previous year, as we leverage our experience and industry insights to navigate the challenges and capitalize on the opportunities that lie ahead.” commented Harry Duong, Pudong Prime, an international freight forwarding company, while sharing about the company’sforecastsfortherestoftheyear.

The industry is hopeful that the pent-up freight demand will be propelled by the beginning of the retail inventory replenishment cycles in the quarter after a slump in demand andoverstockingbyretailers.

xChangeContainerPriceSentimentIndex(xCPSI) Contract Negotiations in Q2 2023

Industry sources reveal that though the negotiations are due in May, shippers might delay these since the contract rates are still higher than the spot rates. So, the shippers are holding back to place themselves better during those negotiations. Another expectation is the reduction of contract tenuresfromoneyeartosmallertimeframes.

Outlook 2023

Commenting on the outlook for the rest of the year, Christian Roeloffs shared further, “Despite avoiding a global financial and economic recession for now, the shipping industry is experiencing a freight recession due to the postponement of inventory replenishment cycles by retailers who overstocked. As we look ahead, we anticipate a subdued rebound in demand as retailers begin to deplete their excess stockinthecomingmonths,leadinguptothepeakseason.”

April2023xChangeIndustryPulseSurveyresults

The Southeast Asia Story

Southeast Asia has emerged as a strong economic “partnership region” as the world looks to a more diverse sourcing and manufacturing trade strategy.

“The diversification of trade will prove to be beneficial for ocean trade because this will cause a boom to the regional trade within Asia. It will also leadtomorelocationsaddingtothedirecttradefrom the region to North America or to Europe. So, diversification will play a role and in general, this will soak up more capacity thanwhatwewouldhavehadontranspacificChinatotheUSA or China to Europe alone.”shared Christian Roeloffs.

According totheVietnam Customs data, Vietnam’s two-way trade in February was up almost US$3 billion

over January despite February being a slightly shortermonth.Ontheotherhand,China’sexports to the EU totalled RMB 552.837 billion from January to February 2023, a year-on-year decline of5.0%.

Asurveywasconductedrecently(April2023)withcloseto 664 supply chain professionals by Container xChange and askedhowtheyperceivedthepeakseasontodevelopthisyear in2023ascomparedtothelastyear.

“This is an important time for NVOCCs and Freight forwarders who are diligently crafting their strategies to adapt to the current market conditions impacting consumer

According to the 2023 Container Shipping Outlook by Alix Partners published in March 2023, “Bangladesh, Malaysia, and Vietnam are already eating into China’s share of consumer goods exports and foresee China’s position eroding further as nearbycountriesincreasetheirsharesofsupplychainsandas government policies and business strategies outbound momentum. Mexico and Eastern Europe stand to gain over themediumtermasmoreandmorevolumesshiftoutofChina andtoneighbouringcountries.”

Christian Roeloffs xChange

India’s e-commerce logistics market to reach 10 bn parcels by FY28: Report

MUMBAI: The e-commerce logistics market in India, which transported more than 4 billion packagesinFY23,isexpectedtogrowto 10 billion parcels by FY28, mostly as a result of new categories, D2C brands and the ongoing growth of tier-2 and tier-3cities,accordingtoareport.

The market is an attractive longterm bet, with the overall e-commerce logistics opportunity to grow at a minimum compounded annual growth rate (CAGR) of 20 per cent to exceed 10 billion parcels by FY28 on the back of steady e-commerce growth, the report stated.

Redseer Strategy Consultants in its latest report said the Indian e-logistics market will see meaningful growth in FY23. Total shipments (forward +

reverse) for e-commerce logistics grew tomorethan4billioninFY23(excluding hyperlocal shipments). Within this pie, in-house logistics and third-party playershadaroughlyequalshare.

“Despite funding headwinds in the e-commerceandinternetsectors,there are multiple pockets of high growth and high yield opportunities available for elogistics players, be it in D2C or large goods, non-e-commerce segments like C2C, PTL/FTL and FTL, or wider SCM services. Players who build robust capabilities and offerings to serve this demand effectively will fundamentally be more resilient in these challenging times and will be better positioned for long-term market share and yield leadership,” said Mrigank Gutgutia, Partner,RedseerStrategyConsultants.

D2C as an opportunity

D2C emerged as a strong growth segment within e-commerce. D2C brands across channels are expected to grow their overall GMV by 35 per cent in the next few years, with brand.com accounting for a significant share of this growth. A total of $33 billion in GMV is expected to be generated from D2C brands across all channels by CY27. The report considers D2C’s definition here to refer to online-first new-age brands fromIndianplayers.

As such, logistics players with relevant and customised offerings for D2C brands are well positioned to capture market share in this highgrowth segment as well as have a strongeryieldprofilegoingforward.

Govt will work with logistics sector to drive trade numbers, address issues

NEW DELHI: The Commerce Ministry will work with the express delivery sector (EDS) to improve trade numbers and address the concerns of the industry, RS Subramanian, Vice Chairman, Express Industry Council of India (EICI) and Sr VP, DHL Express South Asia, said.

On April 4, the EICI had come out with a report outlining a series of recommendationsthatcanhelpimprove the sector. Union Commerce Minister Piyush Goyal, during his address at the launch of the report, had said to the council, “Let us work together towards a time-bound arrangement where a team from the government and from different segments of the industry, put together in 30 days, converts the document into a roadmap.”

As per Subramanian, Joint Secretary (DPIIT) Surendra Ahirwar, Ministry of Commerce & Industry, also discussedtheissuewiththecouncil.

Theindustrywillnowworkalongwith the government and nominate seveneight spokespersons from different

sections of the express delivery industry. The team will develop an action plan in thenextthreetosixmonths.

In standard shipping, the regular delivery time ranges from two to eight days, while in express shipping the deliveryisgenerallydoneinoneday.

The express delivery industry has been pegged to play a pivotal role in facilitating India’s growth and helping it become a $17 trillion economy by 2047, saidSubramanian.

“The sector has significant backward and forward linkages, from creating jobs to from connecting Indian SMEs to global value chains to giving Indian consumers a wide range of productsattheirdoorsteps,”headded.

The team constituted to support the sector will work on accelerating growth in the logistics sector, resolving issues related to infrastructure, and expandingdigitisation.

“With help of initiatives like PM Gati Shakti and the national logistics policy, the entire business cycle is accelerated. Now, the load on the delivery cycle has

reduced by 60 percent. Previously, it used to take 10-14 days to sell goods and receive payment, but now it happens in fourdays,”saidSubramanian.

The report has cited municipality / city-level issues such as different timings for the entry of express delivery vehicles in different states, the lack of parking spaces for such vehicles, and suggested flexibility in entry and exit timings for cargo vehicles, along with dedicatedparkingspaces.

The report also talks about the shortage of skilled manpower in the EDS segment, and suggests that the private and Government sector collaborate and launch skilling programsforEDS.

Lack of integration between systems belonging to different agencies such as the GST Network (GSTN), the Directorate General of Foreign Trade (DGFT), Special Economic Zone (SEZ) online, customs, RBI, etc., and the limited use of technology by MSME users, have also been cited as barriers tothedevelopmentofthesector.

Telangana agriculture exports jump by 40%, pegged at Rs 10,000 crore

HYDERABAD: In a positive sign for state government’s efforts in the agriculture sector, Telangana has witnessed almost 40% increase in agriculture exports between 2020 and 2022. While agriculture exports stood at Rs6,337crorein2020-21,itrosesubstantially toaboutRs10,000crorein2021-22.

According to the data recently released by the central government, Telangana and Maharashtra are two states which have shown marked

growth in agriculture exports. In just five years, from 2017-18 to 2021-22, it has increased from Rs 5,000 crore to Rs 10,000croreinTelangana.

Telangana’s top exports include cotton, spices, cereals and meat.

According to experts, the exports from Telangana have improved due to innovative methods, increased use of technologyandcoldstoragefacilities.

“Considering that Telangana has no coastline, the improvement clearly

shows how better infrastructure has helped the sector grow substantially,” said Kotha Bhaskar Reddy, an exporter fromNiIzamabadwhodealsinfruits.

As per the data, cotton exports totalled Rs 3,055 crore in 2021-22, while spices, coffee and tea accounted for Rs 1,936 crore. Cereals contributed Rs 1,480 crore and meat exports accounted for Rs 268 crore. The state also exports rice, maize, lemon, grapes, mango and soyabean.

SHIPPING MOVEMENTS AT DEENDAYAL PORT

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS NOT READY FOR BERTH

LIQUID CARGO VESSELS

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

SHIPS SAILED WITH EXPORT CARGO

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT LOADING

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

CONTAINER

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

ADANI CMA MUNDRA CONTAINER TERMINAL PVT LTD (ACMTPL),

TO LOAD FOR U. K. NORTH CONTINENT, MEDITERRANEAN, BLACK SEA, RED SEA, EAST EUROPE & CIS PORT

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

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SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

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

OTHER PORTS OF GUJARAT

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

17/04 Artabaz (V-1295W)

BSG Barbados (V-315W)

NSICT

Armita India Gulf

NSIGT

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

W. E. F. 07-04-2023

FOREIGN EXCHANGE RATES

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