MUM-13-03-2023

See Pg.6

PSA Mumbai announces partnership to Develop 6.25 MW Solar Farm With O2 Power

The terminal also announced an MOU with JNPA to explore further cooperaon in sustainability via nature-based soluons

MUMBAI : PSA Mumbai announced a partnership with O2 Power Pte Ltd (“O2 Power”)forthedevelopmentofa6.25MW solar farm, which will power the terminal with renewable energy. The solar plant will be commissioned by the end of 2023. When completed, it will provide nearly 70% of PSA Mumbai’s power1, reducing the terminal’s CO2 emissions by a projected 10,000 tonnes annuallyandmorethan220,000tonnesoveritslife.

Cont’d Pg.8

MSC receives World's Largest Container vessel from Chinese shipbuilder

SHANGHAI : Hudong-Zhonghua Shipbuilding (Group) CoLtddeliveredavesselwithacapacityof24,116 TEUs,or 'twenty-foot equivalent' units, to Mediterranean Shipping Company SA (MSC) recently, breaking the record for the world'slargestcontainership.

The delivery will further consolidate the leading position of Chinese shipbuilders in the construction of ultra-large container vessels. Named MSC Tessa, the mega boxship istherstoffour24,116-TEUcontainervesselsordered byMediterraneanShippingCompany. Cont’d Pg. 10

Left to Right :- Parag Sharma (CEO O2 Power); Cheong Ming Foong (CG Singapore in Mumbai); Sanjay Sethi IAS (Chairman JNPA; Wan Chee Foong (Regional CEO MESAPSAI); Mike Formoso (Regional Head - PSAUAE)

1201 / 1202, 12th Floor, Meraki Arena, Sion Trombay Road, Opp. R. K. Studio, Chembur, Mumbai 400071.

ADEN MUKALLA SALALAH FUJAIRAH

PSA Mumbai announces partnership to Develop 6.25 MW Solar Farm With O2 Power

The terminal also announced an MOU with JNPA to explore further cooperaon in sustainability via nature-based soluons

Cont’d from Pg.3

, a

e r g y platform in India owned by EQT Infrastructure and Temasek2, will develop and manage the solar farm located in Yavatmal, Maharashtra. The plant will be connected to PSA Mumbai via existing Maharashtra State Electricity Distribution Company Limited (MSEDCL) infrastructure.

In addition, PSA Mumbai has signed a Memorandum of Understanding (MOU) with the Jawaharlal Nehru Port Authority (JNPA) to cooperate on reducing emissions in the area via nature-based solutions. The MOU was signed by Mr Sanjay Sethi, IAS, Chairman of JNPA and Mr Wan CheeFoong,RegionalCEOofMiddleEastSouthAsia and Head of Group Business Development, PSA International.

PSA Mumbai is targeting a 50% reduction in its 3 carbon emissions by 2030 Other major initiatives underway to achieve this target include the large-scale electrification of its equipment fleet, including the deployment of an all-electric Rubber-tyred Gantry Crane (RTGC) fleet for its Phase 2 development. Electrification of all existing RTGCs in Phase 1 is underway and will be completed by 2027. Through a combination of further investments, plant expansion and purchases of green power, PSA Mumbai aims to eventually be fully powered byrenewableenergy.

Another exciting development is the potential to create a zero Scope 1 emission rail corridor from PSA Mumbai When the electrified Dedicated Freight Corridor (DFC) rail link reaches Jawaharlal Nehru Port, a container from a vessel alongside PSA Mumbai could be moved with zero Scope 1 emissions via its DFC-ready railyardallthewaytotheNationalCapitalRegion(NCR) and 59 ICD destinations currently served by rail from the terminal.

At the ceremony, Mr Wan Chee Foong, Regional CEO of Middle East South Asia and Head of Group Business Development, PSA International, said: “Investing into

our own large-scale solar farm together with our other greentransportinitiativesunderscoresourcommitment towards sustainability Our partnership with O2 Power for this renewable energy facility is a major step towards meeting our carbon emissions reduction targets and providing the market with leading sustainable transport options. By expanding our renewable energy access, accelerating equipment electrification and reducing emissions in other areas, we aim for PSA Mumbai users tobeabletoaccessazeroemissionscorridorthroughthe terminal and beyond. We also look forward to working with JNPA on exploring nature-based solutions for emissions reductions in the area, which will benefit both peopleandplanet.”

Mr Parag Sharma, Founder and CEO of O2 Power, said: “O2 Power takes pride in supporting PSA in its net zero journey We are certain that this marks the beginningofalongassociation,andhopetobringgreater value for PSA in the near and long term as we continue exploring opportunities across multiple areas The support of the Government of Maharashtra and of the Government of India has been monumental in the fostering of a regulatory environment that has established a direct relationship between energy consumers and power developers for the former's green energy needs. It will accelerate India's emergence as a power economy in the global arena Further, it will facilitate India's goals of achieving 500 GW by 2030, and of making 50% of the country's power consumption from renewablesby2030astrongreality.”

Mr Sanjay Sethi, IAS, Chairman of JNPA, added: “JNPA is delighted to witness PSA Mumbai taking major steps towards emissions reduction with this project. JNPA is committed to fostering leadership in sustainability and creating value for the trade especially through our Green Port initiative. We also aim to contribute to the principles of Blue Economy and Maritime India Vision 2030 I am excited that PSA Mumbai will be able to achieve the Maritime India Vision 2030 target of having 60% renewable power usage by 2030 six years early. With over 34% of the Jawaharlal Nehru Port area under green coverage, we welcome PSA Mumbai’s initiatives to tackle climate change through solutionsthatharnessthepowerofnaturalecosystems.”

O 2 P o w e r

r e n e w a b l e e n

Ruscon Quadruples Service frequency between India & Russia

MOSCOW : Multimodal transport operator Ruscon (part of Delo Group) has enhanced the capabilities of its directregularcontainerservicebetweenRussiaandIndia via Novorossiysk. The number of vessels involved on the sea leg was increased from one to four, with the regularity of shipments reaching four times a month. The route now alsoincludesJeddahinSaudiArabiaasportofcall.

A regular multimodal service between India & Russia has been operational since July 2022, providing containerized cargo shipments from anywhere in Russia through Delo Group's terminals in Novorossiysk to the Indian ports of Mundra and Nhava Sheva. The service rotationalsoincludestheportofIstanbul.Thetransittime fromNovorossiysktoIstanbulis2days,toJeddah-14days, to ports of Mundra & Nhava Sheva - 22 & 24 days respectively.

Commenting on the expansion of the service, Ruscon's Head Sergey Berezkin said, "With the increase in the number of vessels, we are offering customers the best delivery cycle in the market for optimal planning of the

shipment schedule. This will reduce the storage costs in the ports of loading, as well as allow us to increase the volume of shipments. The additional call at Jeddah port will open up new opportunities for shippers interested in shipping to/from Saudi Arabia, which is one of the key statesintheregion."

Delo Group is Russian transportation and logistics holding, operating its own fleet and managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms. The parent company of the Group is Delo Management Company. The Group’s stevedoring business includes DeloPorts holding and Global Ports, a leading container terminal operator. The transport and logistics business of the Group is made up of the multimodal transport operator Ruscon and the intermodal container operator TransContainer. The shipping business is represented by SakhalinShippingCompany(SASCO).

MSC receives World's Largest Container vessel from Chinese shipbuilder

Cont’d from Pg. 3

The vessel, 399.99 meters in length and 61.5 meters wide, is currently the world's largest container ship by capacity, according to Hudong-Zhonghua, a unit of the world's largest shipbuilder, China State Shipbuilding Corp (CSSC).

Designed independently by Hudong-Zhonghua, the ship boasts a combination of features, including being environmentally friendly, highly efficient, low in energy consumption,whilescoringhighonsafety.

The three remaining vessels on order by

Mumbai Port Authority celebrates International Women's Day

MUMBAI : Mumbai Port Authority celebrated the International Women's Day at Yashwantrao Chavan Auditorium, Nariman Point with pomp and gaiety, on 8th March 2023. The U.N. theme of the ‘International Women’s Day 2023 # Embrace Equity’ campaign is ‘Digit ALL: Innovation and Technology for GenderEquality’.

Honourable Guests, who graced the occasion are accomplished women in various male dominated fields like Finance, Marine, Sports, Shipping & Defence Services;viz.

1. Smt. Shymala Gopinath, Dy. Governor of RBI, & ChairpersonofHDFCBank(former);

2. Capt. Suneha Gadpande, Marine Superintendent, CSO, Hafnia (Singapore); being 100 women Achievers ofIndia;

3. Smt. Lalita Babar Bhosale, Arjuna Awardee for Athletics,OlympicMedalWinner;

4. Smt. Sanjam Gupta, Director, Sitara Shipping & an advocatefordiversityinMaritimeIndustry;

5. Lt.ShivaniMishra, INSShikra.

All these distinguished guests shared their experiences and difficulties faced by them during their career, and also gave information about the different opportunities available for women in their respective

fields. These distinguished personalities motivated the women employees of Mumbai Port Authority through their valuable thoughts and also appealed to the women employees to encourage their daughters to do careers in variousfields.

Shri Rajiv Jalota, IAS, Chairperson, Mumbai Port Authority, Shri Adesh Titarmare, IAS, Dy. Chairperson, and Shri Rakesh Srivastava, ITS, Chief Vigilance Officer, were also present on this occasion. Shri Rajiv Jalota, Chairperson, guided the women employees with his precious ideas and views. Shri Adesh Titarmare, Dy. Chairperson, opined that women’s proficiency in digitization is very much essential for equity. Shri Rakesh Srivastava, Chief Vigilance Officer appreciated the employees who are not only doingtheirjobsbutalsotakingcareoftheirhouseholds.

Mediterranean Shipping Company are under construction at Hudong-Zhonghua's shipyards, and are settobedeliveredindividuallybeforeAugust.

FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

CMA CGM Ag. Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre, Dron-3 & Mul Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos. SCI/Hapag CMT/ISS Shpg. Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre —/ULA CFS COSCO COSCO Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports.

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

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

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

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

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

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

SEA & MED. PORTS from GTI

FOR U.K., NORTH

SCANDINAVIAN, RED SEA & MED. PORTS from BMCT

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

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

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

TO

PORTS from

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

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

GULF PORTS From NSFT

ASIA GULF PORTS From NSICT

Group Transworld Shpg. Jebel Ali, Bandar

Emirates Shpg. Jebel Ali, Sohar.

X-Press 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.

CFS

BSS Bhavani Shpg. Jebel Ali, Doha, Kuwait, Bahrain, Bandar Abbas. Ashte CFS Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports.

Bay Line Freight Conn. Port Sudan & Al Sokhna

GDL & DRT ICC Line Neptune UAE & Upper Gulf Ports.

Ceekay Parekh Gulf Ports.

Team Leader Team Leader Dubai, Jebel Ali JWR CFS

Team Lines Team Global Log. Gulf Ports.

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

COASTAL SERVICE MOVEMENT

VESSELS

TO

FOR

EAST, CHINA & JAPAN PORTS from NSFT

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

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

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

0143E

Seabird CFS

Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS

Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia

Colombo 0131E Far East & China Ports. China India Express Service (CIX/ICX)

Gold

TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

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

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

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

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

The above vessels are expected / has arrived at NSICT/BMCT on above mentioned dates with Import Cargoes in containers.

Consignees are requested to obtain the Delivery Order by surrendering ORIGINAL BILLS OF LADING duly discharged on payments of relative charges as applicable within 5 days or else detention charges will be applicable.

Consignees will please note that the carriers of their agents are not bound to send individual notification regarding arrival of the vessel or the goods. For detailed information on cargo availability, please contact our office.

*Note: The importers having AEO status and those who are availing DPD facility for containerized cargo are allowed to pay Terminal Handling Charges (THC) directly to Ports/Terminal through their P.D Accounts. Upon making THC payment importers are requested to submit proof of payment duly stamped and acknowledged by Port/Terminal to Avana Global FZCO for issuance of Delivery Order (DO) without Avana Global FZCO’s THC Invoice and Receipt. Visit our Website : www.avanalogistek.com for Import Vessel arrival & IGM details

UNIFEEDER AGENCIES INDIA PVT. LTD.

As Agents of : UNIFEEDER FZCO

D:301-305, Level 3, Tower -II, Seawoods Grand Central, Plot No. R1, Sector 40, Nerul Node, Navi Mumbai 400706 • Email : dhirendra.singh@unifeeder.com

NOTICE TO CONSIGNEES

ZIM INTEGRATED SHIPPING SERVICES

m.v. “COSCO AMERICA” 079

The above vessel is arriving at NHAVA SHEVA (BMCT) on 14/03/2023 with Import Cargo in containers.

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

CBIC : Camera-fitted jacket mandatory for Customs officials handling Sea Cargoes

NEW DELHI : Customs officials clearing cargo at sea ports will now sport jackets fitted with Body Worn Camera with video and audio recording facility The Central Board of Indirect Tax and Customs (CBIC) has made it mandatory for all boarding officers engagedinseaCustoms,startingfromApril15.

This will improve transparency and ease of doing business through leveraging technology, the Central Board of Indirect Tax and Customs said in a circular sent to all Principals Commissioners and Chief Commissioners ofCustoms.

The CBIC issued Circular No. 07/2022-Customs dated March 07, 2023 regarding the Boarding functions for Improving transparency using a boarding Jacket fitted with Body Worn Camera (“BWC”) having a video/audio recording facility by BoardingOfficer

Kind attention of field formations is drawn to relevant instructions in the Customs Preventive Manual 1987, Circular No. 36/95-Cus dated April 10, 1995 and 25/2016-Customs dated June 23, 2016 whereby Board had issued guidelines relating to boarding of vessels by Customs Officers

It is well known that all vessels arriving into the country report their arrival to the Customs and Port authorities. The Boarding Officer/s are usually the first to set foot on any vessel entering the Indian frontiers and they are the cutting-

edge functionaries of the Customs Service whose visibility extends to the shipping lines, terminal operators, logistic partners, custom brokers, businessmen, crew members /passengers, etc. The Boarding Officer acts as an Ambassador of our Country and is expected to seamlessly initiateandconductcustomsformalitiesandprocedures.

Keeping the above as an objective, and continuing with various reforms undertaken by Customs through leveraging technology so as to improve transparency & ease of doing business, to present more professionally the role of the Boarding Officer, keeping scope for upfront evidence in case of an offence or likely offence, and enhancing the protection of interest of the Customs Officer against frivolous complaints, the Nhava Sheva and AhmedabadCustomsZones, hadimplemented, sinceAugust 2022, the sporting of boarding jacket fitted with Body Worn Camera(BWC)withvideo/audio recording facility byBoarding Officerswhilecarryingoutdutiesonboardthevessels.Copiesof the JNCH Standing Order No. 10/2022 dated August 11, 2022 and Ahmedabad Customs Zone Standing Order No. 03/2022 datedAugust12,2022, areforreference

Based on the feedback received from these Zones, the Board has now decided to extend the use of boarding jackets fitted with Body Worn Camera (BWC) with video/audio recording facility by Boarding Officers while carrying out duties on board vessels from April 15, 2023 with respect to the sea customs functions.

Maharashtra Budget : Marina Planned between Radio Club and the Gateway of India

MUMBAI - Maharashtra budget recently allocated Rs162.2 crore for the construction ofanoval marina (jetty) with a capacity to handle two lakh passengers and related facilities for water transport between Radio Club and the GatewayofIndia.

Maharashtra budget on Thursday allocated Rs 162.2 crore for the construction of an oval marina (jetty) with a capacity to handle two lakh passengers and related facilities for water transport between Radio Club and the Gateway of India. This is part of a larger project worth Rs424 crore being undertaken toconnect Thane and Vasai creeks for water transport around Mumbai. The project, said Finance Minister Devendra Fadnavis on Thursday, will facilitate water transport from south Mumbai to Kalyan,Dombivli,Thane,VasaicreekandNaviMumbai.

Fadnavis also announced that the Nhava-Sewri Mumbai Trans Harbour Link (MTHL) project will be completed this year. MMRDA has completed more than90%oftheworkonthiscorridor.

He further announced that MMRDA will complete various flyover works this year, besides a 50km stretch of Metro will be ready. He said a 337km-long Metro network is being developed across the state and 46km has been opened for traffic already.

The 32 5km Metro 3 (Colaba-Bandra-Seepz) underground corridor is being executed by Mumbai Metro Rail Corporation (MMRC) and the balance by MMRDA. MMRC has planned to open the line in two phases: Aarey-BKC in December 2023 and BKC-

Cuffe Parade in July 2024

MMRDA has plans to partially open Line 9 on a 5km stretchbetweenDahisarandMiraRoadinayear

In 2024, it will be able to open a 5km stretch of Metro 2B whose entire corridor is 23km long between D N Nagar to Mandale. The stretch that will be opened partially will be between Diamond Garden and Mandale, where the Metro 2Bdepotisplanned.

ThaneCityCircularMetroRailProject,NashikMetro NeoProject,Pimpri-ChinchwadtoNigdiCorridorofPune Metro and Swargate to Katraj Metro Projects have been sentforapprovaloftheCentralGovernment,hesaid.

Meanwhile, Mumbai-Nagpur Samruddhi Mahamarg will be extended from Sindkhedraja node to Shegaon in Vidarbha, said Fadnavis While Sindkhedraja is the birthplace of Chhatrapati Shivaji’s mother Jijabai, Shegaon is known for Gajanan Maharaj Sansthan Similarly, Maharashtra Shaktipeeth Highway (Pawanar to Patradevi) between Nagpur and Goa Expressway via Nanded, Tuljapur and Pandharpur worth Rs 86,300 crore willbetakenupforexecutionsoon.

Among the flyovers likely to open are the entire length of the Santacruz-Chembur Link Road extension and ChhedaNagarjunctionimprovementflyover.

Fadnavis said land acquisition for Pune Ring Road, construction of the missing link between Khopoli and Khandala on Mumbai-Pune Expressway, preparatory works for Virar-Alibag multi-modal corridor and Revas to ReddyCoastalHighwaywillstart.

m.v. “MSC ALMA VII” V-

XA308A I.G.M. No. 2337534 Dt. 09-03-2023 Exch. Rate 84.76

The above vessel has arrived on 10-03-2023 at NHAVA SHEVA (NSICT) with import cargo to NHAVA SHEVA from FREMANTLE, MELBOURNE, SYDNEY, ABIDJAN, SAN-PEDRO, DOUALA, TEMA, TAKORADI, CONAKRY, ONNE, PORT HARCOURT, TINCAN/LAGOS, FREETOWN, DAKAR, LOME.

Please note the item Nos. against the B/L Nos. for NHAVA SHEVA (NSICT) 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 :

Time for Indian products to be the best in quality Globally : Piyush Goyal

MUMBAI : The Union Minister for Textiles, Commerce and Industry, and Consumer Affairs, Food and Public Distribution Shri Piyush Goyal attended the Export Awards function organized by The Synthetic & Rayon Textiles Export Promotion Council(SRTEPC) inMumbairecently.

Addressing the industry, the Commerce and Industry and Textiles Minister said that “we have to study each Free Trade Agreement and understand requirements of other countries better. “Export Promotion Councils should open offices in other countries, such as in locations like Dubai. We have to thinkout-of-the-box.”

The Minister told the industry that we need to give special attention toquality.“Thetimehascomeforour quality to be the best in the world. This is the demand of consumers in India and across the world as well. The time for coming out with two different types of quality – domestic quality and export quality – is over. 2,000 products will come under Quality Control soon. Weneed tostop using low-quality products. Weneed to increaseourscale,focusonquality.”

The Minister observed that it is perhaps for the first time that the Prime Minister himself met with Export Promotion Councils and discussed the way forward including export targets. “Following last year’s record exports, this year, based on figures

available till now, we are confident of crossing 750 billion dollars ofexports.” TheMinister saidthatitisamatter ofpride forusthatdespiteglobalheadwinds,wewouldbereachingthis target.

The Minister said that unlike games like cricket, the state of business and industry is now such that the paradigm is one of win-win. “The Trade Agreement between India and Australia is a unity agreement, the two economies are very complementary. While Australia imports most manufactured goods, we get many of our raw materials like critical minerals from Australia. There is an investment opportunity for processing lithium and other rare earths and minerals, since themarketforthemisgrowing.”

ECTA signed between India & Australia is transformative and will unlock next level of trade and investment : PM Australia

MUMBAI - Honourable PM of Australia, Mr. Anthony Albanese said that Economic Cooperation and Trade Agreement (ECTA) signed between India and Australia is a transformative agreement which will unlock the next level of potential in trade and investment. He was addressingtheIndia-AustraliaCEOforumheldinMumbai recently.

The Honourable Prime Minister expressed sincere appreciation for the large turnout of Australian investors that came to India as well for the key Indian business houses that participated. He remarked that this is one of the most serious and high-profile delegations to visit India from Australian shores. He was very optimistic about the complementarities between both the nations and concluded by saying that this juncture is a turning point in accelerating economic co-operation and mutual benefits intherelationship betweenAustraliaandIndia.

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal also participated in the CEO Forum along with Senator the Hon. Don Farrell, Hon’ble Minister for Trade and Tourism, Government of Australia. Shri Goyal noted that the current goal of doubling the bilateral trade must be reset by the industries and CEOs

present there as there was great potential to increase trade manifold between the two nations. He reiterated the growth potential of the bilateral trade and investments betweenIndiaandAustralia.

The Forum was organized by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry along with Confederation of Indian Industry(CII) in order to leverage the ever-growing trade and investment between the two countries. The forum was co-chaired by Dr. Anish Shah, MD & CEO, Mahindra Group and Ms. Shemara Wikramnayake,MD&CEO,MacquarieGroup.

A four-year extension MoU was also signed between Confederation of Indian Industry and Business Council of Australia in the presence of Hon Anthony Albanese MP. This partnership will go a long way in furthering the businessrelationship betweenthetwocountries.

In the fiscal year (2022), India is Australia's 9th largest trading partner. Major exports to Australia include petroleum products, textiles and apparels, engineering goods, leather, pearls, mechanical appliances, iron and steel and gems and jewellery. Major imports include edibles, dyeing extracts, chemicals, wool, minerals & preciousstones.

Indian Foreign exchange reserves grows by $1.5 bn

MUMBAI - After four consecutive weeks of decline, the Reserve Bank of India’s foreign exchange reserves rose by $1.5billionto$562.4billionintheweekendedMarch3.

TherisewaslargelyonaccountofanincreaseintheRBI’s foreign currency assets, which climbed $1.2 billion to $497.1billioninthelastweek,latestcentralbankdatashowed.

Reserves worth $576.8 billion as on January 27, 2023, cover 9.4 months of projected imports for the current

financialyear,saidthecentralbank’sFebruaryBulletin.

From June to October of 2022, the RBI was a net seller of US dollars in the currency market as the central bank sought to rein in excessive volatility in the rupee’s exchange rate amid the Ukraine war and aggressive rate hikes by the Federal Reserve. The foreign exchange reserves increased by$28.9 billion since September-end to $561.6billionasonJanuary6.

m.v. “COSCO AMERICA” 079

The above vessel is arriving at NHAVA SHEVA (BMCT) on 14/03/2023 with Import Cargo in containers.

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 Floor, 294, C.S.T. Road, Near Mumbai University, Kalina, Santacruz (East), Mumbai - 400 098. Tel : 91-22-4252 4301 Fax : 91-22-4252 4142

NOTICE TO CONSIGNEES

The above vessel is arriving at NHAVA SHEVA (GTI) on 13/03/2023 with Import Cargo in containers.

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 :

India's exports in FY23 to reach about $770 billion: Minister Anupriya Patel

NEW DELHI - SOURCEX INDIA 2023 organised by FIEO from March 9-11, 2023 was inaugurated at New Delhi. Dr A Sakhtivel, President, FIEO addressing the gathering at the inaugural of the mega event said that the event is aimed at promoting Indian brandsintheinternational market, whichisa significant step towards realizing the vision of our Hon'ble Prime Minister, Shri Narendra Modi, of making India a global manufacturing hub. He added that with India’s rising prominence in the global export markets coupled with growing international opportunities, offers immense scope for Indian brands to expand internationally in multiple verticals. He said that despite global headwinds Indian exports will give an additional USD 100 billion over anabovewhatwasachievedin2021-22.

Smt Anupriya Patel, Hon’ble Minister of State for Commerce & Industry in her key note address complimented FIEO for organising Sourcex India 2023 to promote Indian brands Globally. She said that the event marks a significant milestone in Government of India’s efforts to promote and support the Indian business communityonaglobalstage.

The Hon’ble Minister mentioned that the Indian economy is one of the fastest-growing economies in the world, and with the increasing globalisation of trade, there is immense potential for Indian businesses particularly brands to expand their footprint in the international market. The Government of India has been taking several measures to promote exports and ensure that Indian products are of global standards. Initiatives like Make in India, Digital India, Skill India and Start-up India, have created a favourable environment for entrepreneurs to thriveandgrow.

India's merchandise and services exports combined in thecurrentfinancial yearendingMarchwillbeclosetoUSD 760-770 billion, Union Minister for State for Commerce and Industry Anupriya Patel added. The country's merchandise and services exports stood at USD 672 billion in the last fiscal.

She added that Sourcex India 2023, is focused on taking

this agenda forward. The event is providing a unique platform for Indian businesses to showcase their brands & products, and interact with buyers from all over the world. This event is a testimony to the Government of India's commitment tosupportIndianbusinesses, andpromotethe MakeinIndiainitiative.

Earlier during his welcome address, FIEO DG&CEO, Dr Ajay Sahai said that Branding is key to promoting exports in niche segment and insulating against price sensitivity. He suggested that a 3-tier strategy should be adopted to promote brands. The Government should promote India as a brand with a laid down strategy. Product specific councils/associations should promote product as a brand as is being done by Californian Almonds Association for Calfornian Almonds. Companies should develop their own brands, which may require substantial investment for liberalfinancingmaybeextended.

Shri Khalid Khan, Vice President, FIEO while proposing Vote of thanks mentioned that the importance of brands in the export business is irrefutable and is one of the most important aspects of the success of any international business. During recent times, marketing innovation has become essential for businessmen to remain competitive, build brand loyalty and drive revenue growth. He expressed his gratitude to the support extended by the Ministry of Commerce andIndustryinorganising Sourcex India2023to focus on the relevance and importance of brands, and is hopeful that this event will result in promoting Indian brands overseas and will bring a new paradigm shift in India'sexports.

Exports getting impacted despite drop in freight charges due to global slowdown

INDORE - Despite a drop in freight charges, exports across most sectors have failed to match last years’ levels in the corresponding period amid currency fluctuations and a slowdowninglobaldemand,hittinghomemanufacturers.

Exporters said freight rates across most shipping lines havedroppedbyatleast40percentinoveramonth.

The decline in demand from the overseas market has hit most industries while Micro, Small and Medium Enterprises engaged in the exports of pharmaceuticals, engineering and processedfoodhavetakenasharphit.

Paresh Chawla, Chairman, Indian Drug Manufacturers’Association,MPStateBoard said, “Export is a cause of concern in the pharmaceutical sector due to instability in currency and tepid global demand. The drop in foreign reserves in countries has made exports difficult.” Indore is a hub for drug manufacturers engaged in the production of ointments, tablets, syrups and syringes among otheritems.

Another drug manufacturer Ajay Singh Dassundi said, “The decline in export orders has hit businesses but an increase in government purchases has lifted the domestic market. Raw material prices have also started coming down and this is reviving the profit margins.”

Locally made engineering products have also seen a drop in demand due to lack of price parity in the international market amid high cost of imported accessories.

Industry players said freight rates have come down by around 40 per cent on most lines and this is seen supporting exports from India in the long run.

A senior executive from a packaging films manufacturing industry said, “Exports are about 10 per cent down as against the corresponding period last year because of lack of price parity in the international market. Freight rates have dropped by atleast 40 percent from the covid-19 period but still exports have not matched last year’s level.

Anupriya Patel addressing the inaugural session of Sourcex India 2023

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HAMBURG : Hapag-Lloyd reached the milestone of equipping 100,000 of its reefers with a monitoring device, a target that was set with the start of the rollout in 2020. With this, Hapag-Lloyd has made a very large part of its reeferfleet"smart".

Andrea Schöning, Senior Director Container Steering,says :"I am really proud of how our colleagues on sitehavebeendoingtheirjob.Inparticularovertherecent months they have pushed our depots installing the monitoring devices. While we continue to install in the field, finding the remaining ones in the fleet is getting trickier and trickier. We target to exceed the 90% fleet installationmarkduringtheupcomingconstructionphase ofnewreefercontainers."

Currently, new-built containers are being equipped with tracking devices directly upon completion in the factory,andthecontainersinourfleetareequippedduring the regular Pre-Trip- Inspection (PTI) process by depots. Biggest installation locations are Hapag-Lloyds own reefer depot in Rotterdam with more than 12.000 installations since start of the rollout, followed by depots Belgian Container Maintenance in Antwerp (4.700 installations) and Tercon Terminal de Contenedores in

Guayaquil,Ecuador(4.300installations).

Today, we are already using the data from our 100,000 reefers to monitor our fleet for any incidents that may damagethecargosuchaswrongtemperaturesetpointsor technical alarms. Through this, our local teams handle up to2.000incidentseverysingleweektoreducecargoclaims andimprovetransportquality.

In summer 2022 Hapag-Lloyd also launched “Smart Pre-Trip Inspections” for reefers. With this we are replacing traditional physical machinery checks of the reefer in the depot with data driven validation of the reefer’s condition. This will enable us to reduce costs and make reefers available for customers faster as they do not havetowaitforaPTIinthedepot.

The Hapag-Lloyd LIVE commercial product usage is quickly scaling up. In February 2023 alone our customers purchased the service for more than 6.000 reefer containers, and we forecast for 2023 full year to be able to sell it on more than 50.000 units. It has proven to be a unique selling point for our reefer customers, keeping us ahead of competitors. By August 2023, the company plans to have 90% of its reefer containers equipped with monitoring systems. By the end of the year, all HapagLloydreeferboxeswillbesmart.

CEVA Logistics, ENGIE and SANEF launch an alliance to decarbonize road freight transport

• The European Clean Transport Network Alliance (ECTN Alliance) brings together best-in-class experts inlogiscs,transport&energy,&aimstoacceleratethedecarbonizaonoflong-haultruckinginEurope.

• ECTN Alliance’s objecve is to develop an unprecedented network of relay terminals for trucks strategically located on European motorways and equipped with high-power electric chargers and pumpsforbiogasandgreenhydrogen.

• When operaonal, the ECTN soluon will address current baery capacity issues and significantly improvetruckdrivers’workingcondionsbyallowingthemtotravelshorterdistances.

• ThefirsttestplannedalongSANEFmotorwayswillstartin2023.

Paris - Three major groups are joining forces to fight climate change and launch the European Clean Transport Network Alliance (ECTN Alliance), a concrete solution to decarbonize road freighttransport.

Mobilizing the expertise of its founding members—CEVA Logistics, ENGIE and SANEF—the ECTN Alliance envisions building and operating a network of truck terminals with low-carbon energy solutions to transport merchandise along Europe’s motorways. The disruptive system will be tailored to electrictrucks’limitedrangeandchargingrequirements.

Long term, the terminal network will be open to all shippers and carriers, offering simple access to lowcarbon biogas, hydrogen and electric energy solutions for charging and refueling trucks. Strategically placed on European motorways, the network will include a specific IT solution to enable transport companies to plan their routes and charging schedules in the fastest and most carbon-efficientway.

In addition, the concept aims at improving working conditions for long-haul truck drivers by allowing them to remain closer to their homes, as they will be swapping trailers at each terminal before turning back. ECTN’s solution will ultimately make the trucking industry more

attractive and help alleviate the European truck driver crisis. The Alliance will conduct a proof of concept (POC) in 2023 between the Lille and Avignon metropolitan areas in France to demonstrate the feasibility of the concept beforedeployingitonaEuropeanscale.

The two-year proof of concept will start in 2023 to demonstrate the ECTN model’s effects on long-distance road haulage. A dedicated fleet of 20 low-carbon tractor units (a mix of biogas, electric and green hydrogen) will transport 20 trailers each day between the north and southeast of France, relaying and changing trailers at five testsiteslocatedatexistingCEVALogisticslocations.

Local carriers will carry out the pre- and post-carriage transport to and from the test sites. The POC is expected toprovidearichdatabaseforanin-depthunderstandingof low-carbon truck use for long-distance haulage and options for decarbonizing road freight transport in Europe.

Luc Nadal, Regional Managing Director for Europe, CEVA Logistics, said: “ECTN Alliance members strongly believethatprivate–publicallianceshaveakeyroletoplay in accelerating climate solutions. The ECTN Alliance is based on a pioneering, holistic approach to decarbonizing long-haul trucking. We are proud to launch this bold initiative with best-in-class companies, whose combined expertisewillcontributetothesuccessoftheproject.”

…Last month, we achieved a significant milestone in making our reefer container fleet smart.

Hapag Lloyd Lion’s share done: 100,000 reefer containers are smart now!