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PNB & Warehousing Development & Regulatory Authority inks pack to promote financing against e-Negotiable Warehousing Receipt
NEW DELHI - Punjab National Bank (PNB) and Warehousing Development & Regulatory Authority (WDRA) signed an agreement to promote financing against e-NWR (ElectronicNegotiableWarehousingReceipt).
The partnership will give farmers information about e-NWR, a negotiable instrument, and undertake outreach activities to improveagriculturalpledgefinanceinIndia.
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The Reserve Bank of India (RBI) two years ago increased the limit for loans against NWRs/eNWRs from Rs 50 lakh to Rs 75 lakh per borrower. The central bank aimed to encourage credit to farmers against receipts issued by warehouses registered and regulated by state-owned WDRA.
The e-NWR financing prevents distress sale by farmers and helps them in realising better price for their produce. It has benefitslikeincreaseinregistrationofwarehousesasissuanceof e-NWR can happen only when scientific storage norms as stipulatedbyWDRAarefulfilled.
Thetwosidessignedamemorandumofunderstanding(MoU) in the presence of Atul Kumar Goel, managing director and chief executive officer of PNB, and T. K. Manoj Kumar, chairperson of WDRA.
Reliance, Nayara account for 45% of Russian oil imports : Vortexa
NEW DELHI - Reliance Industries and Russia-backed Nayara Energy together took 45% of all the Russian oil imported by India since the outbreak of the Ukraine war, far higher than their 35% share in the domestic refining capacity, data from energycargotrackerVortexashows.
Indiaimportedonanaverage870,000barrelsofoilperdayfrom Russiainthe12monthsthroughFebruarythisyear,about20%ofits total crude imports, according to Vortexa. The dramatic rise in the shareofRussiainIndianimports,upfromlessthan1%in2021,was driven by the deep discounts at which Russian oil came to be sold following Russia’s invasion of Ukraine that prompted several countriesledbytheUStoimposesanctionsonRussia.
The sudden surge in the use of Russian oil, however, does not make Indian refiners extra vulnerable as they have a diversified basket and also because it’s not hard to source supplies in a matureglobalmarket,industryexecutivessaid.
On an average, private sector refiners – Reliance and Nayara –importedabout385,000barrelsperdayofRussianoilwhilestaterun refiners – Indian Oil, Bharat Petroleum, Hindustan Petroleum and MRPL – imported 484,000 barrels per day in the yearaftertheUkrainewar.
The private sector benefitted from faster decision-making, which helped it snap distressed cargoes, a lot of which became availableearlyinthewar,industryexecutivessaid.
26/0327/03 Alliance Norfolk(*) 128
27/0328/03 Morning Crown 168
04/0405/04 Hoegh Target 46
24/0425/04
Notice To Consignees
Hoegh Autoliners Merchant Shpg. Durban, Tema, (*)Dakar, Dar Es Salaam, Maputo, Mombasa, T/S Durban, Abidjan, Lago, Luanda & Other Ports in West Africa, T/S Dakar
Eukor Car Carr Parekh Marine Singapore.
Hoegh Autoliners Merchant Shpg. Singapore, Laem Chabang.
Zim Integrated Shipping Services
m.v. “KOTA MANIS” 0244E
The above vessel is arriving at NHAVA SHEVA (BMCT) on 19/03/2023 with Import Cargo in containers. Item Nos. B/L NOS. Item Nos. B/L NOS.
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
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ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.
(East), Mumbai - 400 098. Maharashtra, India. Tel : 91-22-4252 4301 Fax : 91-22-4252 4142
Notice To Consignees
m.v.
The above vessel is arriving at NHAVA SHEVA (BMCT) on 19/03/2023 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 : m.v. “MSC RIDA” V- IU310A I.G.M. No. 2338003 Dt. 14-03-2023 Exch. Rate 85.04
The above vessel has arrived on 16-03-2023 at NHAVA SHEVA (NSIGT) with import cargo to NHAVA SHEVA from ABU DHABI, JEBEL ALI, FREEPORT, GRAND BAHAMA, PORT AU PRINCE, ALTAMIRA, SALALAH, SAN JUAN, BOSTON, CHARLESTON, HOUSTON, MIAMI, MOBILE, NEW ORLEANS, NEW YORK, NORFOLK, PORT EVERGLADES. 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
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