MUM-13-09-2023

YANG MING MARINE TRANSPORT CORP.

See Pg. 11

See Pg. 8 - 9

AMTOI Eastern Region hosts Seminar in Kolkata

KOLKATA : During the afternoon of Wednesday, 6th September-2023, the Managing Committee of Association Of Multimodal Transport Association of India (AMTOI), held its Meeting and discussed matters relating to furthering the cause of its stakeholders Managing Committee members from Pan India converged at Kolkata to discuss various trade related issues.

The meeting was followed by a Seminar in the evening at The Saturday Club on EASTERN INDIA PRESENT AND FUTURE – ROLE OF KOLKATA PORT. Delivering his welcome speech, the convenor of the seminar Mr Brij Lakhotia welcomed the dignitaries and delegates. He said that the East, especially Bengal,used to be a jewel in the crown of shipping in India.

Cont’d. Pg. 6-7

JEDDAH: Bahri, a global leader in logistics and transportation, has successfully concluded its participation in the Sustainable Maritime Industry Conference (SMIC) 2023 as a gold sponsor Organized by the Transport General Authority (TGA) under the patronage of His Excellency Saleh bin Nasser Al- Jasser, Minister of Transport and Logistics Services of the Kingdom of Saudi Arabia, the three-day conference was held in Jeddah from 4 to 6 September 2023

During the conference, Eng Khalid Alhammad, President of Bahri Ship Management, joined a team of eminent leaders within the maritime time industry as a panelist for one of the sessions under the theme –"New Technologies & Alternate Fuels" on the opening day of the conference.

Cont’d. Pg. 19

FFFAI emphasises on tech based cold chain infrastructure at ANUTECH 2023 in Mumbai ..Refer Back Pg

Shri Xerrxes Master, President AMTOI addressing the gathering. Capt. S B Mazumdar, Guest of Honour, Mentor - Shipping & logistics, BCC&I, Shri Rathendra Raman, IRTS, Chairman, SPM Port, Kolkata, H.E. Shri Eshor Raj Poudel, Consul General of Nepal, Shri Brij Lakhotia, Convenor, ERCAMTOI present on dais.

Bahri highlights major achievements and remarkable progress on the commitment to decarbonizing its fleet

AMTOI Eastern Region hosts Seminar in Kolkata

AMTOI Team

AMTOI Eastern Region hosts Seminar in Kolkata

Cont’d. from Pg. 3 & 6

It used to be the best performing state for Industrial and Agricultural produce and the port was biggest and busiest in country However, due to various factors this position was lost and at present the region is struggling compared to the rest of the country He opined that if the East is to rise up and become a bright spot, a lot of new Industries need to be established, agriculture produce must be improved and there must be far greater ease of doing business. In 2022-23 while total merchandise exports of India were US$ 450.96 billion of this only 2.83% was from Bengal with the state’s exports pegged at Rs. 1 lakh crore.

He was, however, optimistic about the future and that SPM Port had improved its position to 5th amongst all Major Ports of the country and that SMPA, Kolkata during 2021-22 registered a 6.95% growth. He further emphasised that the Kolkata Port is poised for great achievements and will continue to pay a pivotal role in the region’s Export Import trade, as it has been doing over 150 years. He informed the house that the state Chief Secretary recently held a meeting with Export Import stakeholders and expressed that Bengal has all the potential to be the next manufacturing hub and double its exports within a decade Shri Santosh Sarangi was in Kolkata and spoke about the DGFT planning to make West Bengal an export hub under the Ministry of Commerce. With the hope of more and more industries coming up the role of port becomes most important for Export Import trade as well as moving domestic cargo to the Northeast using Bangladesh. He urged those involved in multimodal businesses but not members of AMTOI, to join the association.

Speaking on the occasion, Mr. Xerrxes Master –President AMTOI, spoke about AMTOI being established in 1998, with its head office in Mumbai, being the only Pan India trade body in Shipping & Logistics. It has four Chapters and has over 350 members registered with DG Shipping It also has Associate members like CFS Operators, Tank Container Operators, Ship Owners, Shipping Agents, and Air Freight Operators. Under the banner of AMTOI various councils such as the NVOCC Council, Liquid Logistics Council, Training Program Council and the Women Wing have been formed to aid these segments of the industry The main objectives of the association are to organize MTOs at National levels, to study the issues faced by MTOs and seek resolutions with the appropriate authorities, to promote Multimodal Transport services in domestic and foreign trade, to improve quality of such services while reducing transaction costs, skill development and to promote implementation of the cargo community system.

He also spoke on the regions glorious past and said that it pains AMTOI to see the East slip from its past heights. He was however confident that the with the industrious people of Bengal, infra development and port capacity enhancement projects, that the Ports of Kolkata & Haldia will play a vital role in shaping up a brighter future for the region and our nation.

The Chief Guest Shri Rathendra Raman, IRTS –Chairperson Syama Prasad Mookerjee Port (Erstwhile Kolkata Port), spoke at length and gave a presentation explaining the advantages of Kolkata Port. He opined that there are numerous opportunities as the

port enjoys geographical advantage and is best suited for the Eastern Region as it connects not only the neighbouring States, but also the neighbouring Nations. He informed that the Port has turned around and has made a profit to the tune of Rs. 300 crore, and that SMPA handled 58.175 million Tonnes of cargo traffic during 2021-22 (4th highest annual throughput) despite COVID19Pandemicandsevere‘Yaas’cycloneinMay2021 SMPK’s traffic handling was pegged in the 6th position, vis-à-vis other Major Ports of India and SMPA ranked 5th in 2021-22 amongst Indian Major Ports in handling Container TEUs.

He informed the delegates that Syama Prasad Mookerjee Port will see a near 26 per cent ramp-up in capacity over the next seven to eight years, backed by ongoing projects undertaken by the port and others that are in the pipeline. The total capacity is expected to increase to around 110 million tonnes by 2030.

He further outlined the vision & commitment of SMPK regarding port led industrialization and invited organizations to participate in the upcoming GMIS 2023 to take advantage of the best opportunities in Maritime Sector.

Guest of Honour Capt Suji Basu Mazumdar opened his speech by appreciating AMTOI, as a very active body who have been interacting with Govt. of India and Shipping Ministry, to try and resolve the problems of Multi Modal Transport Operators and helping the supply chain.

He then took the enthralled audience back to the Golden era of Shipping, the Breakbulk days. He also spoke about Kolkata and gave a detailed account about joining his first ship at Kolkata in 1961,and that the Port was the biggest in India loading conventional Breakbulk vessels. The Port used to always be full, with at least 40 ships and all the berths being occupied and that there were plenty of buoys and multiple vessels on each buoy. However, as cargo containerization took place, there was a complete global change in the transportation of goods, and this affected the breakbulk vessels as well as warehouses ashore storing the cargoes. This was the point Kolkata Port started to lose its position.

He then reaffirmed that of late the port is performing well, despite the perineal problem of low draft levels, which started after the water sharing accord between India and Bangladesh and resulted in less water coming in and increased silting of the river. He was optimistic about the future with the infra development taking place in the past few years and gave his view on how Haldia started developing and catering to bulk cargoes.

Special Guest His Excellency, Shri Eshor Raj Poudel- Counsel General of Nepal informed the house that Nepal is going to double its imports of fertilizers and all imports shall be using ports at Kolkata / Haldia. However he wondered why SPM Port is losing Nepal bound imports to Vizag as handling there is simplified and hoped sooner than later. Kolkata can also offer better rail connectivity with competitive pricing as Kolkata is near and dear port for imports to Nepal. He further informed that excess hydro power will be exported to India and that will august well for industries in Eastern Region of India.

The seminar was attended by around 150 delegates, f o l l o w e d b y N e t w o r k i n g C o c k t a i l D i n n e r, where delegates freely mingled for networking with each other

TRANSHIPMENT AT COLOMBO TRANSHIPMENT AT PORT KLANG WEST

TRANSHIPMENT AT SINGAPORE

NOTICE TO CONSIGNEES

m.v “KUROBE” V-069 I.G.M. NO. 2354427 DTD : 11/09/2023

The above vessel is arriving at MUMBAI on 15/09/2023 with import cargo.

Consignees expecting import cargoes on the captioned vessel are requested to present their ORIGINAL BILLS OF LADING duly discharged and obtain Delivery Orders. In the event of Mumbai Port Trust directing the shifting of the cargo from quay to a storage area within the docks, the same will be undertaken by the vessel agents at the consignee’s risks and costs.

“Stamp duty” is payable as per the directive of the Superintendent of stamps.

Consignees will please note that the Carriers and/or their agents are not bound to send the individual notifications regarding the arrival of the vessel or their cargo.

Consignees are requested to arrange for clearance of the cargo at the earliest on presentation of the packing list to our attending surveyors, as it is noticed that the cargo is arriving without proper Marks & Numbers and the same is also not indicated in the Bills of Lading for which the vessel/Owners/Agents will not be held responsible for the consequences arising thereof.

Consignees requiring steamer survey to be conducted for the goods discharge may contact the agents office for the same. The company’s Surveyors are M/S. AINDLEY MARINE PVT. LTD., 9 Kamanwala Chambers, 1st Floor, Sir P. M. Road, Fort, MUMBAI - 400001. Tel: +91-22-66359901/2/3 Email: ops@aindley.com and the usual survey conditions will apply General Agent

NYK INDIA PVT. LTD.

Unit No 1205-1208 ,“Windfall”.12th Floor , Sahar Plaza Complex, Sir . Mathurdas.Vasanji Road , Andheri (EAST) Mumbai-400 059. Contact details: Board : +91 22- 46138181 Website www.nyklineindia.com

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

SCI CMT

Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre

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

COSCO Shpg.

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

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

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

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

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

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

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

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

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

TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA

TO

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

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

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

TO LOAD FOR WEST ASIA GULF PORTS From NSICT

Logistic Ser. Jebel Ali, Bandar Abbas. Cordelia Cordelia Cont. Jebel Ali, Sharjah, Abu Dhabi, Ajman, Dammam, Jubail, Hamad, Baharin, Shuaiba, Shuwaikh, Sohar,

Basra.

Emirates Shpg. Jebel Ali.

PoseidonShpg. Jebel Ali, Bandar Abbas. Speedy CFS

Shpg. Aiyer Shpg. Jebel Ali.

Cordelia Cont. West Asia Gulf Ports.

Line Freight Conn. Port Sudan & Al Sokhna

MSC Agency Sohar, Jebel Ali, Abu Dhabi, Dammam, Umm Qasr(UGE) Hind

COASTAL SERVICE MOVEMENT

GDL & DR

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

TO LOAD FOR

EAST, CHINA & JAPAN PORTS from NSFT

16/1017/10 TBATBA Shimin 016E

23/1024/10 TBATBA One Metrix 083E

30/1031/10

TBATBA Ever Eagle 175E

PIL/ONE PIL India/One(I) —/—

Hapag ISS Shpg.

KMTC KMTC (I)

P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS

P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3

TS Lines TS Lines (I)

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

P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2 CISC Service

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

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

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

PORTS from GTI

GDL/Dron-1

02/1003/10 TBATBA OOCL Hamburg 145E APL CMA CGM Ag. (CIX-3) Dron.-3 & Mul.

09/1010/10 TBATBA OOCL Luxembourg 105E ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo.

16/1017/10 TBATBA Seamax Stratford 125E COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo.

23/1024/10 TBATBA

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

090E Emirates Emirates Shpg.

17/09 0500 COSCO Thailand 095E P1139 279906-28/08 COSCO COSCO Shpg. Singapore, Hongkong, Shanghai, Ningbo, Shekou,

TBATBA Xin Hong Kong 065E APL CMA CGM Ag. Nansha, Taichung, Kaohsiung. (CI 1)

TBATBA OOCL Memphis 083E OOCL/RCL

& Mul

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 NSFT

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

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

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

TO LOAD FOR FAR EAST / EAST, WEST & SOUTH AFRICA / AUSTRALIA & NEW ZEALAND PORTS

Shpg. Singapore, Kaohsiung, Shanghai.

21/1022/10 Alliance Norfolk 132 Hoegh Autoliners Merchant Shpg. Durban, Dakar, Dar Es Salaam, Maputo, Mombasa-T/S at Durban Abidjan, Lagos, Luanda & Other Ports in West Africa T/S at Dakar

NOTICE TO CONSIGNEES

m.v. “MSC RANIA” V- IU336A I.G.M. No. 2354515 Dt. 12-09-2023 Exch. Rate 85.11

The above vessel is arriving on 13-09-2023 at NHAVA SHEVA (NSIGT) with import cargo to NHAVA SHEVA from CORNER BROOK, CAUCEDO, ALTAMIRA, SALALAH, SAN JUAN, CHARLESTON, HOUSTON, MIAMI, MOBILE, NEW ORLEANS, NEW YORK, NORFOLK, COEGA.

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

Bahri highlights major achievements and remarkable progress on the commitment to decarbonizing its fleet

Cont’d. from Pg. 3

During the panel, Eng. Alhammad highlighted the significance of research and development into alternate fuels and emphasized Bahri's commitment to promoting sustainability within the international maritime industry. Accomplishments on this front include improved fleet fuel consumption rates and the development of interactive, AI-driven technologies that enhance operational efficiency.

Bahri's participation in the Sustainable Maritime Industry Conference exemplified its unwavering commitment to be a frontrunner for the cause of sustainability within the international shipping industry The company has pledged to reduce 50 percent of our carbon emissions by 2050 by embracing innovative solutions that enhance the energy efficiency of our fleet.

Taking a major step towards reinforcing its cooperation with IMO and TGA, Bahri signed a strategic MoU with the two entities to develop and implement 'Next Wave of Seafarers', an advanced program for

training cadet seafarers, and the first of its kind initiative in the world. It is a further testament to the wide-ranging efforts of Bahri and TGA, to strengthen the Kingdom’s global maritime presence. A pilot initiative, it intends to address the shortage of trained seafarers by working with IMO, its member states, and global shipping companies by developing a cooperative framework. Bahri will participate as a project partner in the program.

On the sidelines of the conference, IMO and TGA honored the captain and crew of its tanker NCC NAJEM on receiving a letter of commendation from the IMO for their bravery in rescuing and saving the lives of 35 people from a capsized boat in the Strait of Malacca near the Malaysian coast.

The three-day Sustainable Maritime Industry Conference was organized under the theme "Innovating for a Greener Future" with the aim to showcase the Kingdom's achievements and initiatives in protecting the marine environment and highlighting its significant role in the maritime sector.

India aspires to grow at an unprecedented scale in Amrit Kaal : Union Minister of Commerce & Industry, Shri Piyush Goyal

NEW DELHI: The Union Minister of Commerce and Industry, Food and Public Distribution and Textiles, Shri Piyush Goyal while interacting with the Minister of Investment, Saudi Arabia, Khalid A Al-Falih said that in Amrit Kaal, year 2047, India aspires to grow at an unprecedented scale. Shri Goyal highlighted the significance of the G20 Summit 2023 organized in New Delhi and also appreciated the organization of Startup20 under India's G20 Presidency

He said that both the countries are the two fastest growing economies in the world today adding on, that in the World Bank ranking in terms of Ease of Doing Business Saudi Arabia was placed at number 62 and India at number 63. However, the ranking have been discontinued since 2020.

Shri Goyal also talked about how the trade between the two countries could be doubled which stands at about $52 billion presently and can be taken up at $200 billion. In this regard, the Union Minister invited the Saudi investors to visit Gujarat International Finance-Tech City and thereafter, bring investment.

He said that the investors would appreciate India’s regulatory mechanism has been simplified Also, there’s only one regulator for all regulations. Besides, India has brought about tax rebates and made it seamless to move funds in and out of the GIFT city

Shri Goyal suggested that the Federation of Indian Chambers of Commerce & Industry (FICCI) along with the Government of India and Invest India may open an office of Investment and Trade Promotion in Riyadh, Saudi Arabia. He emphasized that the GoI officials along with representatives from FICCI will encourage startups.

Shri Goyal also talked about the opportunities wherein India may provide food security to Saudi Arabia while energy, oil and fertilisers may be provided to India, stressing on a balanced trade.

The Union Minister also talked about NEOM City and said that Saudi Arabia government is setting it up at a cost of $0 5 trillion dollars and the very concept of having 100% clean energyintheentirecitydesignedinamannertobeveryuser friendlyusingleveragingthehugelandmasscoastline

“I think that's an area where India could contribute significantly,” Shri Goyal said highlighting that India may be helpful in areas like designing, construction, manning and developing business around. He quoted a recent study about the returns that investors have got from investment companies. He said that the study of the top five companies listed in the stock exchange shows that Indian companies have given a 20% CAGR return on investment for 20 years. He said that Indian companies are followed by those from US and China.

The Union Minister thereby, said that its time to accelerate the investment coming from Saudi Arabia He said that FDI from Saudi Arabia last year was just about $ 4 billion which was $ 2.8 billion during COVID period.

He said that Saudi Arabia’s investments into India’s processing industry can be a great driver of agriculture and food security Shri Goyal added that similarly, the Pharma sector has immense potential. He said that a greater understanding between the regulatory authorities of Saudi Arabia and India may help Pharma industries. He added that those living in Saudi should have easier access to Indian medicines which will also encourage Indian Pharma companies to invest in Saudi Arabia.

India looking at further easing FDI norms in space sector : DPIIT Secretary

NEW DELHI: The government is looking at further easing Foreign Direct Investment (FDI) norms in the space sector to attract overseas players, Rajesh Singh, Secretary Department for Promotion of Industry and Internal Trade (DPIIT) said on September 11.

“There is huge scope for Saudi Arabian companies to invest in India in different sectors such as aviation,

pharma, bulk drugs, renewable energy, food processing and agrti-tech as well,” Singh said at the India-Saudi Arabia investment forum meet in New Delhi.

Further, he added that the collaboration can extend to technological boost such as in artificial intelligence, robotics, cyber security, automation and space, where we are looking to further liberalise our FDI norms.

Alliances: Asia-Europe reliability gains

COPENHAGEN: To gauge which of the three carrier alliances recorded the fastest post-pandemic recovery in schedule reliability, we pegged their lowest recorded schedule reliability during the pandemic as month “0” and then looked at the change from th at baseline in the months that followed.

This is shown in Figure 1 for Asia-North Europe. In just the 2nd month after dropping to its lowest point, 2M had improved schedule reliability by 20 percentage points, whereas the improvements for Ocean Alliance and THE Alliance were both under 10 percentage points By the 7th month, 2 M a l m o s t r e a c h e d a r e c o v e r y o f 50 percentage points, with the other two alliances lagging severely behind. Ocean Alliance only got to the 45-percentage point mark by the 17th month, with THE Alliance taking 25 months just to get within a hair of the 50 percentage point mark. In short, the schedule reliability recovery rate for 2M was far above the other two alliances.

In fact, on both Asia-Europe trade lanes, 2M has seen rapid improvements in schedule reliability after dropping to its lowest point during the pandemic, however, while they continued on this trajectory on Asia-North Europe (as previously mentioned),

their rate of recovery on Asia-Mediterranean slowed down considerably Ocean Alliance on the other hand, while having a relatively slower rate of improvement on Asia-North Europe, have largely been consistent in schedule reliability improvements in the months after their lowest figure of the pandemic THE Alliance has seen a relatively slower rate of recovery on Asia-North Europe, picking up in recent months, while seeing the opposite trend on Asia-Mediterranean.

CSMIA emerges as one of the Premier Mango Export Hub with an astonishing 318% Growth

M U M B A I : C h h a t r a p a t i S h i v a j i M a h a r a j International Airport (CSMIA) has firmly established itself as the premier hub for mango exports in India, reaffirming this position with its latest accomplishment. With a remarkable 318% surge in mango exports from 2022 to 2023, CSMIA has not only demonstrated its expertise in handling perishable goods but has also solidified its position as a vital player in the global perishable trade.

In the year 2022, CSMIA played a pivotal role in enabling the export of 1,123 tons of mangoes. Advancing to the year 2023, this figure has witnessed an astonishing surge, reaching an impressive 4,700 tons. This exponential growth is a testament to CSMIA’s indispensable contribution to expanding the global p r e s e n c e o f I n d i a ' s d e l e c t a b l e m

n g

. Moreover, it highlights the airport's contribution in driving India’s mango exports.

The key aspect contributing to this groundbreaking achievement is the recent approval granted by the United States Department of Agriculture (USDA) for the export of Indian mangoes to the United States. This milestone development opens up the market for Indian mangoes in the USA, marking a significant moment for mango lovers This approval comes after a hiatus in mango exports to the USA since 2020, primarily due to travel restrictions imposed on the USDA inspectorstovisitIndiaduringCOVID-19pandemic.

CSMIA’s success in mango exports and the surge witnessed this year is attributed to and is guided by a d e d i c a t e d g r o u p o f f a r m e r s , v i s i o n a r y

o r s , and committed team of the perishable terminal, the airport has embarked on a transformative mission Their collective efforts are transforming the western region into a bustling global mango exporting hub, benefiting the entire ecosystem. Additionally, this development serves as a clear indication of the increasing worldwide demand for Indian mangoes and their substantial role in strengthening the Indian economy.

b o r

Expressing their delight, CSMIA spokesperson said, "CSMIA stands as a symbol of India’s commitment to delivering the finest produce to the world with the help and guidance from specialists in the field. We are proud to be a part of this growth story and are committed to providing the best possible facilities to support our exporters. This remarkable growth in mango exports reflects our dedication to excellence and our contribution in shaping the global perishable trade landscape.”

To support its vision of sharing delectable mangoes and other fruits & vegetables with the world, CSMIA has created a dedicated and state-of-the-art temperaturecontrolled perishable facility with an annual capacity of 1,50,000 metric tons. This infrastructural enhancement has facilitated the surge in mango exports from Mumbai air cargo, making CSMIA one of the key players in global perishable trade. Through specialized packaging and careful handling of trained airport personnel, mangoes are guaranteed to arrive at their destinations in impeccable condition.

Mango exports from CSMIAextend to a total of 69 countries, with top destinations being the UK, US, and Canada

India contributing 15% to global GDP: IMF Chief Economist

W A S H I N G T O N D . C : Gita Gopinath, the first Deputy M a n a g i n g D i r e c t o r o f t h e International Monetary Fund, recently said India’s contribution to global GDP is around 15 per cent In an exclusive interview the economist also said India will become the thirdlargest economy by 2027-28, based on current projections

Calling India an “engine of global growth”, Gopinath, however, added that there is a lot more work that needs to be done.

“The more important thing is to maintain a high growth momentum for

many more years in just the next four or five years. And that will require structural reforms. India is a large country, so in per capita terms, that will still be a small number even if we’re the third largest economy So India needs to keep pushing on that front to keep the growth momentum going much more,”saidtheeconomist

She added that the expected growth rate of the country for the current fiscal year is over six per cent. According to the economist, the two factors which are driving the growth are public investment and resilient consumption spending.

ON STRUCTURAL REFORMS

Gopinath stressed the need to attract private investment to increase the levels of per capita income and to get to continued high levels of growth. In order to enable an environment for private investment, it is imperative that the investment in public infrastructure continues, she added.

The economist said only four Indian states Maharashtra, Karnataka, Gujarat and Delhi — g e t a l a r g e c h u n k o f f o r e i g n direct investment and added, “A lot has to be done at the level of state Governments.”

Saudi Arabia to set up an ofce in GIFT City India; mulls trade in local currency

NEW DELHI: Saudi Arabia will soon be setting up an office in India’s Gujarat International Finance TecCity (GIFT City) Saudi’s Investment Minister, Khalid bin Abdulaziz AlFalih has said.

“We will send a strong delegation from Saudi to India in the next few weeks to set up an office of ‘sovereign wealth fund’ in GIFT City,” Al-Falih said speaking at the Saudi-India investment forum in New Delhi.

GIFT City is India’s tax-neutral financial services centre and a business district under constr uction in

Gandhinagar district in Gujarat. It is India’s first operational greenfield smart city and international financial services centre,whichtheGovernmentofGujarat promoted as a greenfield project.

India’s trade with Saudi Arabia in 2022-23 amounted to $52 76 billion, with exports at $10 73 billion and imports at $42 04 billion As such, India had a trade deficit of $31.31 billion with Saudi Arabia in the last financial year.

O

I

d i a n authorities have pushed the use of the r

announcing the setting up of a mechanism to settle global trade in rupees in July 2022. Early use of this system was seemingly for the purchase of discounted oil from sanction-hit Russia following its invasion of Ukraine in February 2022. However, the mechanism has not taken off, with reports emerging that negotiations over the settlement of bilateral trade in rupees between India and Russia had been suspended after Russia had accumulated billions of rupees in Indian banks which it could not use.

India imposes Anti-dumping duty on some Chinese steel for 5 years: Govt order

NEW DELHI: The Finance Ministry of India on Monday imposed an anti-dumping duty on some Chinese steel for a period of five years, according to the official gazette of the Ministry

Earlier, on September 4 of this year, India’s steel secretary, Nagendra Nath Sinha, said New Delhi was monitoring the steel imports situation after the steel industry raised concerns over potential dumping by Chinese sellers.

“Evidence of export price indicates that the Chinese exporters are exporting the goods to third countries at significantly dumped and injurious prices,” said the Finance Ministry’s gazette on the reason behind this order of imposing anti-dumping duty

During April-July, China was the second biggest steel exporter to India, after South Korea, selling 0.6 million metric tons, up 62% from the same period

a year earlier. In all, India imported 2 million metric tons of finished steel in the period, the highest since 2020 and up 23%fromayearearlier

China, the world’s top steel producer, exported mostly cold- rolled coil or sheets to India.

Indian government has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.

First ship to dock on Oct 4 at Vizhinjam Port

T H I R U VA N A N T H P U R A M : The first ship carrying cranes from China will be docking at Vizhinjam Port on October 4, Kerala Minister for Ports, Shri Ahamed Devarkovil, said recently.

Chief Minister Shri Pinarayi Vijayan and Union Minister for Ports Shri Sarbananda Sonowal will participate in a function to be organised at the Adani-run Vizhinjam Port to receive the ship, he told reporters here.

The minister said three more ships will be coming to Vizhinjam, one in October and two in November after the arrival of the first ship. He said the port, being constr ucted at an

estimated cost of Rs 7,700 crore, is expected to be commissioned by May next year

“We hope to commission the port by May next year,” Devarkovil said, adding that Adani Ports Private Ltd has decided to complete all the works by December this year. He said 75 per cent of the breakwater construction is also complete “This is the one and only port in the country that provides more than 20 metres of depth without dredging and is closer to the International Maritime Channel.”

Speaking to PTI, Mr. Rajesh Jha, MD and CEO of Adani Ports Private Ltd, said the port is going to be

handling all the international cargo transhipment to India. “This is going to be one of the biggest ports in the world, and it is going to give a great financial benefit to Kerala as it is going to handle all the transhipment requirements,” Jha said.

On September 20, CM Vijayan will unveil the logo and name of the Vizhinjam Port at a function in Thiruvananthapuram.

The Vizhinjam port is being constructed under the public-private partnership model. The Adani Group i s t h e p r i v a t e p a r t n e r i n t h e development of Vizhinjam port, which is going to be one of the largest ports in the world once commissioned.

SHIPPING MOVEMENTS AT DEENDAYAL PORT

VESSELS IN PORT & DUE FOR

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS READY FOR BERTH

LIQUID CARGO VESSELS

KANDLA INTERNATIONAL CONTAINER TERMINAL (KICT)

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)

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

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

AMERICA

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

TO LOAD FOR WEST ASIA GULF PORTS

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

OTHER PORTS OF GUJARAT

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

NSICT

13th SEPTEMBER 2023 28 IMPORTER'S GUIDE

19/20

Sofia Sai Freight

B.Pier Deniz M Parekh Marine

B.P. Extn. African Heron Parekh Marine

OCT 1

OCT 2 Palmela MOL Shipping

NSDT/COASTAL/NSDT/COASTAL/ NSDT/COASTAL/NSDT/COASTAL/ NSDT/COASTAL/LIQUIDBERTHLIQUIDBERTH LIQUIDBERTHLIQUIDBERTH LIQUID BERTH

Arezoo Armita India

BMCT-1

BMCT-2

BMCT-3

Buying Rates Bill Buying TT Selling ´´ CUSTOM EXCHANGE RATES ALL RATES PER UNIT CURRENCYCURRENCY CURRENCYCURRENCY CURRENCY IMPORTIMPORT IMPORTIMPORT IMPORT EXPORTEXPORT EXPORTEXPORT EXPORT Australian Dollar 54.2051.85 Bahraini Dinar 227.25213.75 Canadian Dollar 61.9059.90 Chinese Yuan 11.5511.20 Danish Kroner 12.1511.75 EURO 90.7587.60 Hong Kong Dollar 10.8010.40 Kuwaiti Dinar 277.75261.15 New Zealand Dollar 50.2547.90 Norwegian Kroner 7.857.60 Pound Sterling 106.20102.70

TT ON 12-09-2023 ´ ´ ´ ´ FOREIGN EXCHANGE RATES

Bill Selling CURRENCYCURRENCY CURRENCY IMPORTIMPORT IMPORT EXPORTEXPORT Qatari Riyal 23.5022.10 Saudi Arabian Riyal 22.8521.50 Singapore Dollar 62.0060.00 South African Rand 4.454.20 Swedish Kroner 7.607.35 Swiss Franc 95.3091.70 Turkish Lira 3.203.00 UAE Dirham 23.3521.95 US Dollar 83.9582.20 Japanese Yen (100) 57.2 55.45 Korean Won (100) 6.456.05

for

VESSELS DUE/IN PORT FOR IMPORT DISCHARGE AT MUMBAI

I.G.M.No

JBS Academy celebrates Teachers’ Day on 5th September 2023

AHMEDABAD: Celebrating the Teachers’ Day on 5th September 2023 senior professional faculty members while appreciating the efforts of the Academy at creating a well-trained and skilled cadre for the Logistics sector mentioned that continued efforts towards this end will surely help in promoting professionalism in the sector which hitherto has been relationship driven.

Passionate about the objective the Institute needs to make vigorous efforts towards attracting maximum youth as still Logistics sector does not have the desired awareness inspite of the immense employment and employability potential. In reality Logistics is always in demand as movement of goods never stops and is never affected by the recessionary trends and is always on the look for trained manpower.

Institutional awareness campaigns and targeting the aspiring youth at their door steps will be a great help and create the desired impact and have a win-win s

n g f o r t h e Government schemes and Government Institutions is welcome, the Academy should also focus more on commercially viable training programmes, where private institutions can play a major role.

Reacting to the suggestions of the faculty members Shri Samir J. Shah, Chief Mentor and Director observed that the suggestions of the faculty members for widening the spectrum of activities of the Academy will be considered in today’s spirit.

Container Lines rapidly expand connections out of South India as Trade volumes grow

CHENNAI: With more call additions, Kattupalli and Ennore have already made sizeable inroads into the Chennai market. Kattupalli saw 58,046 TEUs last month, while Ennore handled 59,985 TEUs.

But the concentration of calls at private box terminals operated by Adani Group, which act as alternatives to Chennai Port, is becoming increasingly evident.

HMM has cemented its network with direct sailings out of Adani Kattupalli Port (AKPPL). Its FIM [Far East Asia-India-Mediterranean] service is a major boon for southern India shippers traditionally tethered to transshipment over Sri Lanka’s Colombo Port for mainline connections.

The FIM rotation is Busan, Kwangyang, Shanghai, Ningbo, Shekou, Singapore, Port Klang, Kattupalli, Nhava Sheva, Mundra, Karachi, Jeddah, (Suez Canal), Damietta, Piraeus, Genoa, Valencia, Barcelona, Piraeus, Damietta, (Suez Canal), Jeddah, Karachi, Mundra, Nhava Sheva, Kattupalli, Singapore, Da Chan Bay and back to Busan.

In addition, CMA CGM has opened a new string out of Adani Ennore Container Terminal (AECTPL) for North Europe and the Mediterranean. The NEMO [North Europe-Mediterranean-Oceania] Service rotates Ennore, Colombo, Malta, Valencia, London Gateway, Rotterdam, Hamburg, Antwerp, Le Havre, Fos Sur Mer, La Spezia, Malta, Pointe Des Galets, Port Louis, Sydney, Melbourne, Adelaide, Singapore and Ennore.

“This new call will offer our customers a fast export connection from the main commercial area in South East India to Europe together with a direct import connection

from Australia and Singapore,” said CMA CGM in a customer advisory, announcing the Ennore call.

The carrier further noted, “Ennore is also a natural gateway from/to ICD [inland container depot] Bangalore covered with an efficient rail connectivity and will provide a best-in-class service to the fast-growing automotive industry.”

The NEMO competes directly with Maersk’s ME7 Service, connecting South India trade via Ennore to North Europe.

The ME7 port rotation is Ennore, Colombo, Salalah, Algeciras, Felixstowe, Rotterdam, Bremerhaven, Jeddah, Salalah, Colombo and Ennore.

With more call additions, Kattupalli and Ennore have already made sizeable inroads into the Chennai market. According to available data, Kattupalli saw 58,046 TEUs last month, while Ennore handled 59,985 TEUs. The growing shift of volumes to emerging port locations poses challenges for box terminals at Chennai Port, putting further investment in capacity development there at risk.

FFFAI emphasises on tech based cold chain infrastructure at ANUTECH 2023 in Mumbai

MUMBAI: Federation of Freight Forwarders’ Associations in India (FFFAI) urged for a technology based infrastructure for cold chain right from warehousing to transportation across the country to harness the tremendous potential of agro/food processing industry & requirement of logistics services for the same. Speaking at a Panel Discussion on “Optimizing the cold chain / strategies for enhancing warehousing & transport logistics” held during “ANUTECH 2023” event on 7th September at Bombay Exhibition Center (NESCO) Dr. Nirav Thakker, Executive Committee Member, FFFAI and Moderator of the Session pointed out that the cold chain industry in India is emerging very fast with a prospect of 14.37 % CAGR in the next 5 years. He emphasised that the automation of techniques, which is being widely implemented in the warehousing sector in particular to support the storage & distribution of the food, need to be further augmented including the end to end cold chain. The Panel discussion was jointly organised by FFFAI and the organiser of the Trade Fair: Anufood India, International Exhibition on Food & Beverage Trade and Retail Market in the Indian subcontinent.

Other panellists participated in the discussion were Mr P.A Bamane, Asst. Manager APEDA; Dr Karuna Dhale, Asst. Director (tech.), FSSAI and Ms. Chaitaly Mehta, Director, EKF Logistics.

Speaking on this occasion Mr P.A Bamane shared in detail the role of Agricultural and Processed Food Products Export Development Authority (APEDA) in optimizing the Cold chain & Transport Logistics through Infrastructure Development, Quality Assurance & Capacity Building for increasing exports of agricultural & food products from India.

Dr Karuna Dhale deliberated on the role of Food Safety and Standards Authority of India (FSSAI) in Quality and

Compliance aspects as well as various trade facilitation measures to expedite Export Import clearances. She gave assurance of complete support and also explained the various training programs being conducted by FSSAI spreading awareness.

Ms Chaitaly Mehta highlighted various challenges being faced in handling clearance and transport of the perishable cargo as part of the food supply chain with specific examples.

S h e a l s o s h o w c a s e d h o w h e r organization has been successful in overcoming these challenges and providing required services to the export import trade.

Moderator, Dr. Nirav conveyed gratitude to FFFAI Chairman Mr. Shankar Shinde for guiding in organising this important Panel Discussion jointly with the organiser of Anutech Food India.

Commenting on the importance of the event and the panel discussion Mr Shinde highlighted that as the world's leading information and procurement platform, “ANUTECH” combines all technological solutions along the entire value chain - and that for all sectors of the food and beverage industry. This international event offers all cross-process future technologies. According to him, currently the focus of the Government of India is to increase the agro export and especially the processed food from India, which necessitates a robust end to end cold chain system utilising contemporary technologies to prevent wastage and compete with the world in terms of quality and price. He also stated that FFFAI is in close cooperation with the government and other organisations in setting up the required cold chain infrastructure Moreover, FFFAI is engaging the trade through sensitizing its members about the potential/business opportunities in this sector

(L-R) Dr.Nirav Thaķker, Mr. PABamane, Dr. Karuna Dhale and Ms. Chaitaly Mehta.