Economic package to spur growth, build a self-reliant India : Finance Minister
COVID 19- Status report - Import Laden container moved from JNPT terminals to Container Freight Stations (CFSs) and cleared by Importers 23rd March to 12th May 2020 Volume Matrix of Import Laden Containers shifted from Mundra Terminals to Container Freight Stations and Import Delivery from Container Freight Stations details from 23rd March 2020 to 12th May 2020
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Vol. LX No. 81 th THURSDAY 14 MAY 2020
Ministry of MSME launches CHAMPIONS Portal www.Champions.gov.in
E-Mail: dailyshipping@gmail.com
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Prime Minister announces one of the Largest Covid Relief Package globally of around Rs 20 Lakh Crores NEW DELHI: The mega Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi includes previously announced measures to save the lockdown-battered economy, and focuses on tax breaks for small businesses as well as incentives for domestic manufacturing.
The combined package works out to roughly 10 per cent of the GDP, making it among the most substantial in the world after the financial packages announced by the United States, which is 13 per cent of its GDP, and by Japan, which is over 21 per cent of its GDP. Cont’d. Pg. 11
COVID-19: CMA CGM India successfully discharges five units of heat exchangers at Kolkata Port Trust MUMBAI: The CMA CGM Group, a world leader in shipping and logistics, is pleased to announced that it has successfully discharged five pieces of heavy-duty heat exchangers coming from Los Angeles via Singapore at Kolkata Port Trust on 10th May. Mr. Ugo Vincent, Managing Director – CMA CGM India, said: “This exceptional shipment
was the result of a close collaboration between the CMA CGM Group’s different brands, who acted as one in the difficult circumstances born from the global COVID -19 health crisis. Once again, CMA CGM’s staff demonstrated their professionalism and dedication to execute complex shipments for the benefit of our clients and the Indian economy at large.” Cont’d. Back Pg.
APM Terminals Pipavav completes 500 days of safe operations P I PAVAV: A P M Te r m i n a l s Pipavav achieved a n e w milestone in safety. On 8th May, the port completed 500 days of safe operations with zero fatality and Lost Time Cont’d. Back Pg. Incidents (LTI).
Mr. Ugo Vincent
A.P. Moller - Maersk continues to grow profitability while safeguarding Global Supply Chains COPENHAGEN: A.P. Moller Maersk had a financially strong start to the year. Despite the COVID-19 pandemic’s profound impact on global trade the company kept momentum in its strategic transformation and demonstrated Cont’d. Pg. 13 robustness to weather the crisis.