MUM-13-02-2023

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

MUMBAI: The AMTOI CRICKET TOURNAMENT Season 3 (ACT-3) was heldon5thFebruary2023.Thiseventwas heldafterahiatusof3yearsandwasheld withgreatgustowherein56Men’steams and 8 Women’s team competed for the covetedtrophyandvariouscashprizes.

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. Cont’d. Pg. 4

JNPA : Container handling rises 6% & Total Traffic grew 9% during April-Jan Period (YoY)

CBIC allows Transshipment of Bangladesh cargo to 3rd Country through Delhi

NEWDELHI:TheCentralBoardofIndirectTaxesand Customs (CBIC) has allowed the transshipment of Bangladesh export cargo to third countries through DelhiAirCargo.

Refer Pg. 15

APPOINTMENTS ...Refer Pg. 7

Refer Pg. 6

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

Cont’d. from Pg. 3

This was well attended by Managing Committee members and Captains of all 64 teams. They also conducted 4 games on the first day and also a friendly match between the Managing Committee Members.

The Tournament on 5th February 2023 was held at St. Andrews Turfpark Bandra (W), Mumbai and was a spectacular event. The matches started off at 8:30 am and went on till evening. It was a carnival atmosphere with GamesandFoodstallsforfamilyandfriendsofparticipating

Hapag-Lloyd’s

teamswhichwasenjoyedbyoneandall.

TheWinnersoftheTournamentwereasfollows, Women’s Team – Intex International Trading and Clearing Pvt Ltd

Men’s Team – GRT Global Logistics Pvt Ltd.

investment in J M Baxi Ports & Logistics

HAMBURG:

Only recently we have announced that wesignedabindingagreementunderwhichwewillacquire 35%of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate and to subscribe to a capital increase by the company and raise Hapag-Lloyd’s shareholding to 40%, informs a recent companystatement.

J M Baxi Ports & Logistics Limited is a leading private terminal and inland transport service provider in India. The operations comprise container terminals, a multi-purpose terminal, inland container depots, container freight stations and additional logistics activities, such as rail service offerings across India. The company employs around5,400staffandhandlesacombinedcontainervolume ofapproximately1.6millionTEU.

The Container terminal in Kandla India is the world's fastest growing economy and a strategic growth market for Hapag-Lloyd. According to the International Monetary Fund, India is expected to grow by morethan6%annuallyinthecomingyears.Indiamaintains diversified and balanced trade relations and around two-thirds of the population is expected to belong to the middle class by 2030. At the same time, India is expected to have the potential to become the world's third-largest economyinthenextfivetotenyears.

“Acquiring a significant share in J M Baxi Ports & Logistics Limited will significantly boost our presence in Indiawithatrustedlocalpartneranditisanotherimportant step to build up our terminal and infrastructure business,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.

Joining forces with J M Baxi Ports & Logistics will give us access tofurtherterminal capacity and transport services in the Indian market. As a quality provider, this will enable us to offer our customers newproductsandevenbetterservices.

In driving our Strategy 2023, we have continuously expanded our involvements in the terminal sector, most recently through an agreement to acquire the terminal business of Chile-based SM SAAM. Furthermore, we also have stakes in the Italy-based Spinelli Group, the JadeWeserPort in Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, Terminal TC3 in Tangier, and Terminal 2 in Damietta, Egypt, which is currently under construction.

The closing of the transactions is subject to approval by the relevant authorities and to additional conditions customaryforatransactionofthiskind.

Rolf Habben Jansen CEO, Hapag-Lloyd

Dheeraj Bhatia Senior Managing Director Middle East, Hapag-Lloyd

Rolf Habben Jansen and Dheeraj Bhatia at the signing of the agreement together with Dhruv Kotak, Managing Director J M Baxi Group (left) and Krishna Kotak, Chairman J M Baxi Group (right)

JNPA : Container handling rises 6% & Total Traffic grew 9% during April-Jan Period (YoY)

NAVI MUMBAI: Duringtheperiodbetween April 2022 and January 2023, JNPA recorded a growth of 6.01% in Containerhandlingascomparedtocorrespondingperiod inthepreviousfiscal.

Similarly, the total traffic handled was 68.77 million tonnes during the period from April 2022 to January 2023, which was higher by 9.15% as compared to the traffic handled during corresponding period in the previous financialyear.

Gujarat Maritime University (GMU) successfully completes Externship

at Erasmus University in Netherlands

GANDHINAGAR: Gujarat Maritime University, promoted bytheGovernmentof Gujarat and Gujarat Maritime Board concluded its Global Externship Programme to Erasmus University, Netherlands on 10th February 2023. The Global Externship Programme was designed to provide students with international exposure and provide students with first-hand experience of how things work at state-of-the-art foreign ports. Not many institutions in India have devised such global externship programmes in collaboration with globally renowned maritimeinstitutions.

Over the course of 2 weeks, 34 students from GMU had the opportunity to participate in various classes, workshops, and industry visits, gaining valuable insights into the European maritime sector. The students also had the chance to interact with their peers from Erasmus University, fostering cross-cultural exchange.

During the externship, students could interact with the expert pool of faculty of Erasmus University and industry experts at Rotterdam and get a feel of the latest educational trends in the Netherlands. The students were taken through various interactive sessions, gamified sessions, port excursions, and presentations that gave them a deeper understanding of the maritimesectorinadevelopedCountry.

The Global Externship is an integral part of the LLM, PGD and the MBA programme structures of Gujarat Maritime University and is governed by the Agreement signed between Gujarat Maritime University and the Erasmus Centre for Urban, Port and Transport, part of Erasmus University on 26th September 2019. The agreement is part of a broader cooperation arrangement between The Netherlands and India executed during the

VibrantGujaratGlobalSummitinJanuary2019.

OneseniorofficialoftheGujaratMaritimeUniversity said - "This program allowed our students to broaden their horizons and gain valuable insights into the global maritime industry. We are proud of our students, and we are confident that they will make the most of the experience they gained during the externship. We look forward to the success of our students in the future We are confident that this experience will help themintheirfuturecareers."

(EPIC

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

North Cont., Scandinavian, Red Sea & Med. Ports.

North Continent & Scandinavian Ports. Dronagiri-3 Team

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

Safewater Safewater Lines

Red Sea & Med. Ports.

North Continent & Scandinavian Ports.

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

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

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

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

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 GTI

TO

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

FOR WEST ASIA GULF PORTS From NSICT

TO

FOR WEST ASIA GULF PORTS From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From GTI

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

Ship

Line Freight Conn. Port Sudan & Al Sokhna

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

VESSELS DUE AT

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

PORTS from

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

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

CBIC allows Transshipment of Bangladesh cargo to 3rd Country through Delhi

NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) has allowed the transshipment of Bangladesh export cargo to third countries through Delhi Air Cargo.

Following representations from interestedparties,theBoarddecidedto amendCircular29/2020-Customs,dated June 22, 2020, to allow the transshipment of Bangladesh export

cargo to third countries via Delhi Air Cargo.

“Transhipment of goods by road from LCS Petrapole to Air Cargo Complex, Delhi is also allowed with effect from February 15, 2023, following the procedure prescribed in the aforesaid Circular, until further direction from the Board,” the amendmentread.

The Circular allows inter alia

transshipment of Bangladesh export cargo through Kolkata Air Cargo. The goods loaded on containers/closedbodied trucks enter India from LCS Petrapole, and move by road to Kolkata Air Cargo, from where they are airlifted and transported to third countries. It has been represented to allow this movement through Delhi Air Cargo also, for better cargo evacuation and improvedlogisticsefficiency.

Sarbananda Sonowal meets Norway Trade Minister; discusses Shipping, Ports-related matters

NEW DELHI: Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal had a meeting with Norway’s Trade and Industry ministerJanChristianVestre.

Recently both the Ministers discussed issues of bilateral interest including Green Ports and Shipping, training of seafarers, use of alternative fuels like green ammonia and hydrogen for futuristic shipping, and sustainable shiprecycling.

“Implementation of Green Coastal Shipping Programme solutions in India was also deliberated upon. Both countries reiterated their commitment towards harnessing niche technologies to implement zero emission solutions in Ports and

Shipping sector” Minister Sonowal said.

In recent years, both countries have been increasingly tapping their bilateral economic and technical complementarities.

Indo-Norwegian bilateral ties are marked by regular exchanges of high levelvisitsbetweenthetwocountries.

The last Joint Working Group Maritime meeting between the two countrieswasheldinNovember2022.

The Ministry of Ports had also participated in the 5th edition of the India-Norway Task Force on Blue Economy in June 2022. India is also a part of the GreenVoyage2050 – a partnership project between the Government of Norway and IMO

launched in May 2019 aiming to transform the shipping industry towardsalowercarbonfuture.

During the meeting, Sarbananda Sonowal said that the visit of the Norway Minister will give a fillip to the growing maritime cooperation in shipping and ports between the two countries.

Hesaid,“TofulfilthevisionofGreen ports and Green Shipping of our Prime Minister Shri Narendra Modiji, Weare also looking forward to Norway sharing their expertise on Hydrogen fuel cell ferries, Autonomous Surface vessels, low-emission LNG-hybrid vessels, zero-emission solar battery Ro-RO ferry vessels, inland and coastal LPG/LNGcarriers”.

Govt set a target of ₹6,700 Cr from monetisation in Port and Shipping sector for FY24

NEW DELHI: The Central Government has set a target of ₹6,700 crore from asset monetisation in the port and shipping sector for FY24. Key projects on the block include ₹2,000croreberthattheDeendayalPort (Kandla,Gujarat), ₹980crorecontainer terminal at Haldia Dock Complex of Shyama Prasad Mookerjee Port (Kolkata,WestBengal),anda ₹360crore drydockinVadinar(Gujarat).

“Next financial year’s monetisation plan would include around 20 assets,” a senior government official said. He said the list could also include some spill overprojectsfromFY23.

The Government has managed to raise around ₹5000 crore so far from assetmonetisationinthecurrentfiscal.

India has prepared a national

monetisationpipelinewithassetsworth ₹6 lakh crore to be monetised between FY22andFy25.

As per the National Monetisation Pipeline(NMP),thereare31projectsin nine major ports that would be offered forprivatesectorparticipation.

“Operations of berths and terminals will be extended to the private sector so that ports have an assured revenue stream while minimising the burden of managing day-to-day functions,” the officialsaid.

Land Policy Revamp

The government is also looking to ironoutissuesinthelandleasingpolicy ofportstobetterutilisevacantlandwith Indianports.

The present land policy of the ports (formulated in 2014-15 and

updated in 2019-20) is perceived as being complicated and a hindrance to monetisation. The Government is overhauling the policy to bring about transparency and ease for investors.

“The land with ports should not be viewed as a source of income, but as an avenue for improving operations while maximising revenue,” the official said, adding that the new policy would ease the transfer of such assets and minimise discretionary elements in the processincludingpricing.

The focus is to aid ports to use land to supplement their role as goods transit hubs. “This will include developing cargo holding facilities to better port operations with public privatepartnership,”theofficialsaid.

CCI approves NIIF’s stake purchase in Hindustan Ports

NEW DELHI: The Competition Commission of India (CCI) recently cleared the acquisition of stake in Hindustan Ports Pvt Ltd by National Investment and Infrastructure Fund (NIIF).

The proposed transaction relates to NIIF’sacquisitionofupto25percentin

HindustanPortsPvtLtd(HPPL).

The regulator also approved the merger of Hindustan Infralog Pvt Ltd (HIPL)intoHPPL.

In a tweet on Thursday, the CCI said it has approved the “acquisition of up to 25 per cent shareholding in HPPL by NationalInvestmentandInfrastructure

FundandproposedmergerofHIPLinto HPPL”. Last year in June, NIIF said it has invested ₹2,250 crore in HPPL, a localarmofUAE’sDPworld.

NIIF is an alternative investment fund and is sponsored and anchored by the government.HIPLandHPPLareengaged inprovidingcontainerterminalservices.

ZIM INTEGRATED SHIPPING SERVICES

m.v. “SEAMAX STRATFORD” VOY 120W (RS2-21/E)

The above vessel is arriving at NHAVA SHEVA (GTI) on 15/02/2023 with Import Cargo in containers.

Item Nos. B/L NOS.

111. ZIMUMVD8011083

Consignees are requested to obtain the 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 OCEANGATE CONTAINER TERMINAL PVT. LTD.

As Agents

ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

Raheja Centre-Point, 3rd Floor, 294, C.S.T. Road, Near Mumbai University, Kalina, Santacruz (East), Mumbai - 400 098. Maharashtra, India. Tel : 91-22-4252 4301 Fax : 91-22-4252 4142

NOTICE TO CONSIGNEES

m.v. “SEAMAX STRATFORD” VOY 120W (RS2-21/E)

The above vessel is arriving at NHAVA SHEVA (GTI) on 15/02/2023 with Import Cargo in containers.

85. GOSUXNG1700581

86. GOSUXNG1812783

87. GOSUXNG1812801

88. GOSUYEY6002726

89. GOSUZJG1087041

90. GOSUZJG1243040 91. GOSUXNG1812792

92. GOSUXNG1812793

93. GOSUSNH8421386

94. GOSUSNH8432410

95. GOSUSNH8421385

96. FOC0012873

97. FOC0012870

98. BSG23010264A

99. GOSUXNG1020608

100. GOSUZJG1016605

101. GOSUSIN8135421

102. JWLK2301160

103. JWLK2301161

104. GOSUSIN8135451

105. GOSUSIN8135452

106. GOSUSNH8433865

107. GOSUXIA8308801

108. GOSUSNH20753863

109. GOSUSNH8426637

110. OCLTN2301608

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.

As Agents :

Adani Ports to buy Karaikal Port for Rs1,500 Cr under bankruptcy law : Karan Adani

AHMEDABAD:

Adani Ports and Special Economic Zone Ltd (APSEZ) is awaiting approval fromabankruptcycourtinChennaito buy indebted port company Karaikal Port Pvt Ltd for Rs1,500 crores under India’s bankruptcy law, Chief Executive Officer of APSEZ, KaranAdani, hassaid.

“Through a bankruptcy court, we are taking over Karaikal Port at a capex of Rs1,500 crore. We are the highest bidder for the port and the CommitteeofCreditorshasapproved our bid,” Karan Adani, also a Whole TimeDirectorofAPSEZ,saidinacall with analysts on 7 February after announcing the company’s third

quarterfinancialresults.

This is the first time APSEZ has revealedtheacquisitionpriceafterits bid was cleared by the lenders panel ofOmkaraAssetsReconstructionPvt Ltd(OmkaraARC)inDecember2022.

TheChennaibenchoftheNational CompanyLawTribunalisexpectedto cleartheresolutionplansubmittedby APSEZinthenextcoupleofmonths.

The deal will help APSEZ, the port’s unit of Ahmedabad-based conglomerate and India’s biggest private port operator, to tighten its grip on India’s port sector where it controls 12 ports/terminals spread across the western and eastern seaboard. These ports/terminals have a capacity to handle a combined 580milliontonnes(mt)ofcargo.

APSEZ handled 312 mt of cargo in FY22 at a capacity utilisation of 58percent.

By 2026, the port operator aims to handle 500 mt of cargo and seeks to emerge as the world’s largest port operatorandIndia’slargesttransport utilityby2030.

Karaikal Port would be APSEZ’s second port acquisition under India’s bankruptcy law after Dighi port in Maharashtra.

Karaikal Port Pvt Ltd runs the allweather Karaikal port developed on a Build, Operate and Transfer (BOT) format under the Public Private Partnership (PPP) mode on a 30-year concession awarded by the Puducherry government. The port startedoperationsinJune2009.

China most promising emerging logistics market, India ranks 2nd: Study

BEIJING: China with a score of 8.31 was revealed as the most promising emerging logistics market in the world, as per a survey by global integrated logistics provider Agility. The ranking is based on four metrics, domestic logistics opportunities, international logistics opportunities, business fundamentals, and digital readiness.Indiawasrankedsecondin theoverallranking.

China and India were at the top positions for both domestic and international logistics. India jumped four spots to No. 1 in digital readiness, followed by UAE, China, Malaysia, and Qatar, according to the 2023 Agility Emerging Markets

Logistics Index.

Arabian Gulf countries—UAE, Qatar, Saudi Arabia, and Oman—again offered the best business conditions. Malaysia, with the fourth best environment for business, was the only non-Gulf countryinthetopfive.

Nearly 70 per cent of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impactofclimatechange.

Ninety percent of the 750 industry professionals surveyed for the 2023

Agility Emerging Markets Logistics Indexalsosaytheirshipping,storage, and other logistics costs remain well above pre-pandemic levels of early 2020.

Among the several highlights of the2023indexsurveyincludenet-zero commitment and climate change. Around 53 per cent of logistics executives said their companies have committedtonet-zeroemissions,and another 6.1 per cent said their businesses have achieved net-zero. Moreover, half of the respondents admitted that climate change is a concern their businesses must plan for, while another 18 per cent said it is alreadyaffectingthem.

Seafood export during last 3 years increases from US$ 6679 mn in FY 20 to an all-time high record figure of US$ 7759.58 mn in FY 22

NEW DELHI: Seafood products export from India during the last three years has increased from US$ 6679 million in FY 2019-20 to an all-time high record figure of US$ 7759.58 million in FY 2021-22, the Minister of State for Commerce and Industry, Smt. Anupriya Patel said in reply to a Parliamentary question.

The Government through Marine Products Export Development Authority (MPEDA) provides financial assistance to the seafood processors/exporters for the development of infrastructure and up

gradation of new technologies in the fisheries sector all over the country with an aim to bring in more investment in high end value addition and impart sills to workers in the processing units for producing such

products so as to enhance the unit valuerealizationinexport.Duringthe period 2017-18 to 2021-22, total financial assistance of approx. Rs. 99.00 Crores have been extended byMPEDA.

Snowman Logistics ventures into the Chemical Industry

BENGALURU : Snowman Logistics, India’s leading integrated temperaturecontrolled logistics service provider, opens its first-ever state-of-the-art AGrade dry warehouse for the chemicalindustryinShoolagiri,Tamil Nadu. This is the cold-chain logistics company’s first venture into the chemicalsbusinessandfirststepinto storing and distributing Hazardous chemicals.

Snowman Logistics will work with BDP UGL Global Logistics (I) Pvt. Ltd – one of the world leaders in automobile chemicals – and will soon extend to other chemicals & related customers. The Shoolgiri facility is situated in Horizon Industrial Parks Pvt. Ltd. and is 50,000 sq. ft. of warehouse space with a capacity of 5500MTswithG+5racking,equipped with all safety equipment and compliances. The warehouse is equipped with modern storage and handling equipment and provides an efficientandsecurestoragesolutionfor goods.Itisalsowell-wiredwithcuttingedge technology to provide a 24-hour monitoring system and fire protection forthesafetyofthestoredgoods.

Commenting on its new business line, Mr. Sunil Nair, CEO of Snowman Logistics says,“Being a market leader in the cold chain space for over three decades, we have come out of our comfort zone this time.

Weareveryexcitedtoserveandgrow in this new segment and are committed to continuing to provide our customers with the highest quality services in the Chemicals space,aswell.”Hefurtheradded,“We are looking forward to working with BDP UGL Global Logistics (I) Pvt. Ltd, which is one of the world leaders inautomobilechemicalsandtogether implementing global standards and practices and developing world-class capabilities for storing and distributing hazardous chemicals in theregionandbeyond.”

Speakingontheirassociationwith Snowman Logistics, Pavithran M Kallada, Managing Director, BDP India, says, “With our expertise in global chemical supply chain management and in-depth domain knowledge in dealing with chemical clients, we are expanding our capabilities in contract logistics. While we continue to add value to our global customers in the Chemical sectors,wewillalsoexpandintoother industries. The most important objective for BDP is to create a culture of compliance-focused contractlogisticseco-systemwithour business partners.” Manish Chaturvedi, Regional Director, BDP India, says, As we consider expanding our warehousing and contract logistics space in India, finding a partner with the same value systems is crucial. As we sought to expand our solution offerings for our

large chemical customers in the southofIndia,wewerepleasedtofind a partner like Snowman, who has a focused approach to infrastructure creation and shares the same values as BDP. This partnership is so exceptional because we were able to bring this fully compliant chemical storage facility from concept to operationwithin100days.”

At Shoolgiri, Snowman will operate the warehouse 24X7 and providetransportationserviceswitha solid process mechanism. A central team of professionals will continuously monitor their services end-to-end, from the first to the last mile, ensuring that the client assets aresafeatalltimes.

Adani Gangavaram Port inducts a new loco at the Port

VISAKHAPATNAM: Adani GangavaramPortthe deepest and the most modern port in the country inducted a new Loco Train to enhance the operational capacity & efficiency in rake handling from the port. The Port infrastructure is being developed with forward planning for future requirementsofincreasedvolumesof rakes future. The port has also set a new record of handling 600 rakes in a month. Previously the Gangavaram port has handled 594 Rakes in the Decembermonth.

The Port is having state of the art infrastructure facilities to manage various imports and export cargos having deep depth multi-purpose cargoberths.InadditiontothatAdani Gangavaram Port is equipped with vast storage facilities including covered warehouses to manage various cargos and state of the art material handling systems. AdaniGPLisconsistentlyperforming well and creating newer records for cargomanagement.

Speaking on the occasion Adani Gangavaram Port Limited management said “We are extremely delighted on adding a new loco at the port and also achieve the new record of handling 600 rakes in one month.

Forex reserves dip $1.5

MUMBAI: The Reserve Bank of India’s foreign exchange reserves declined by $1.5 billion to $575.27 billion in the week ended February 3, latest central bank

data showed.

We at Adani Gangavaram Port offer substantial economic benefits to Indian importers combined with highly efficient port operations and evacuation system with faster turnaround time & delivery. We are extremely happy to see the trade derive benefits of modern deep-water infrastructure.”

bn to $575.27

The drop in the RBI’s reserves was largely on account of a decline in the central bank’s foreign currency assets,whichfell$1.3billionto$507.69

bn

billion in the previous week, the data showed.

In the week ended February 3, the rupee shed 0.4 per cent to the dollar, endingat81.84perdollar.

SHIPPING MOVEMENTS AT DEENDAYAL PORT

TODAY’S TIDE 13/02/2023

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

LIQUID CARGO VESSELS

KANDLA INTERNATIONAL CONTAINER TERMINAL (KICT)

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

SHIPS SAILED WITH EXPORT CARGO

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

RED

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