PM expresses happiness for 1st ODC & Over Weight Cargo for Numaligarh Refinery expansion project

NEW DELHI: The 1st Over Dimensional Cargo & Over Weight Cargo for Numaligarh Refinery expansion project has reached Pandu Multimodal Port via Indo Bangladesh protocol route. It began sailing from Kolkata on 19th March.

This is another achievement of MoPSW under the leadership of PMModi.

To this, The Prime Minister, Shri Narendra Modi praised for 1st Over Dimensional Cargo & Over Weight Cargo for Numaligarh

Refinery expansion project as it has reached Pandu Multimodal Port via IndoBangladeshprotocolroute.

Responding to the tweet by Ministry of Ports, Shipping and Waterways, the Prime Minister tweeted;“Commendablefeat.”

NEW DELHI: India’s overall exports (Merchandise and Services combined) in March 2023 is estimated to be USD 66.14 Billion, exhibiting a negative growth of (-) 7.53 per cent over March 2022. Overall imports in March 2023 is estimated to be USD 72.18 Billion, exhibiting a negative growth of (-) 7.98 per cent over March2022.

India’s overall exports (MerchandiseandServicescombined) in FY 2022-23 (April-March) is estimated to exhibit a positive growth of 13.84 per cent over FY 2021-22 (April-March). As India’s domestic demand has remained steady amidst theglobalslump,overallimportsinFY 2022-23 (April-March) is estimated to exhibit a growth of 17.38 per cent over FY2021-22(April-March).

Merchandise Trade

Merchandise exports in March 2023 were USD 38.38 Billion, as compared to USD 44.57 Billion in March2022.

Merchandise imports in March 2023 were USD 58.11 Billion, as compared to USD 63.09 Billion in March2022.

Merchandiseexportsfortheperiod FY 2022-23 (April-March) were USD 447.46 Billion as against USD 422.00 Billion during FY 2021-22 (April-March).

Merchandise imports for the period FY 2022-23 (April-March) were USD 714.24 Billion as against USD 613.05 Billion during FY 2021-22 (April-March).

Services Trade

The estimated value of services export for March 2023 is USD 27.75 Billion, as compared to USD 26.95 BillioninMarch2022.

The estimated value of services export for FY 2022-23 (April-March) is USD 322.72 Billion as compared to USD 254.53 Billion in FY 2021-22 (April-March).

Inspiteofstrongglobalheadwinds, India’s overall exports is projected to grow at 13.84 percent during FY 202223 (April-March) over FY 2021-22 (April-March).

Under merchandise exports,

13 of the 30 key sectors exhibited positive growth in March 2023 as compared to same period last year (March2022).TheseincludeOilMeals (156.56%), Oil Seeds (99.5%), Electronic Goods (57.36%), Coffee (17.86%), Marine Products (12.85%), Fruits & Vegetables (11.37%), Rice (10.02%), Ceramic Products & Glassware (9.73%), Iron Ore (6.85%), Drugs & Pharmaceuticals (4.19%), Meat, Dairy & Poultry Products (3.44%), Tobacco (3.04%), and Cereal Preparations & Miscellaneous ProcessedItems(2.7%).

Undermerchandiseexports,17ofthe 30keysectorsexhibitedpositivegrowth during FY 2022-23 (April-March) as compared to FY 2021-22 (April-March). These include Oil Meals (55.13%), Electronic Goods (50.52%), Petroleum Products (40.1%), Tobacco (31.37%), OilSeeds(20.13%),Rice(15.22%),Cereal Preparations & Miscellaneous Processed Items (14.61%), Coffee (12.29%), Fruits & Vegetables (11.19%), Other Cereals (9.74%), Tea (8.85%), Leather & Leather Products (8.47%), CeramicProducts&Glassware(7.83%), Marine Products (3.93%), Drugs & Pharmaceuticals (3.25%), Organic & Inorganic Chemicals (3.23%) and RMG ofallTextiles(1.1%).

Exports of Electronic goods increased by 57.36 percent during March 2023 at USD 2.86 Billion as compared to USD 1.82 Billion in March 2022. During FY 2022-23 (April-March) electronic goods exports were recorded at USD 23.57 Billion as compared to USD 15.66 Billion during FY 2021-22 (April-March), registering a growth of50.52percent.

Effect of duty withdrawal on Iron Ore is visible on India’s exports of the item which have exhibited positive growth of 6.85 percent during March 2023overthesamemonthin2022.

Textiles, Plastic & Linoleum exports continued to decline in March 2023 because of subdued demand due to recessionary effects in major economies.

Undermerchandiseimports,14out of 30 key sectors exhibited negative growth in March 2023. These include Sulphur & Unroasted Iron Pyrites (-74.42%), Fertilisers, Crude & Manufactured (-50.98%), Silver «(-43.64%), Coal, Coke & Briquettes, Etc. (-24.93%), Petroleum, Crude & Products (-23.79%), Vegetable Oil (-18.9%), Electronic Goods (-16.84%), Pearls, Precious & Semi-Precious Stones (-11.92%), Dyeing / Tanning / Colouring Materials (-11.56%), Cotton Raw & Waste (-11.31%), Medicinal&PharmaceuticalProducts (-10.91%),Leather&LeatherProducts (-10.56%), Organic & Inorganic Chemicals (-5.07%) and Transport Equipment(-3.22%).

Under merchandise imports, 6 of the 30 key sectors exhibited negative growth in FY 2022-23 (April-March) as comparedtoFY2021-22(April-March). These include Sulphur & Unroasted IronPyrites (-28.86%),Gold(-24.15%), Pulses (-12.79%), Medicinal & Pharmaceutical Products (-10.58%), Dyeing/Tanning/Colouring Materials. (-2.39%) and Pearls, Precious & SemiPreciousStones(-0.99%).

Silver imports slumped by 43.64 percent from USD 0.12 Billion in March 2022 to USD 0.07 Billion in March2023.

Merchandise exports growth for the period FY 2022-23 (April-March) remain impressive at 6.03 percent as againstFY2021-22(April-March).

China’s share in India’s merchandiseimportshavedeclinedto 13.79% in 2022-23 from 15.43% in 202122. Imports of electronic goods from China has seen a decline of around $2 billion in 2022-23 (Apr-Feb) compared to same period last year. Import share from China in electronic goods has also declined from 48.1% in 2021-22 (Apr-Feb) to 41.9% in 2022-23 (Apr-Feb). A significant fall in share from China seen in imports of fertilizers from 21.9% in 2021-22 (Apr-Feb)to13.9%in2022-23(Apr-Feb) and this accounts for around half a billionfallinimportsfromChina.

Services exports remain strong and projected to grow at 26.79 percent during FY 2022-23 (April-March) over FY2021-22(April-March).

Notice To Consignees

Zim Integrated Shipping Services

m.v. “OOCL MEMPHIS” V-079

The above vessel is arriving at NHAVA SHEVA (BMCT) on 18/04/2023 with Import Cargo in containers. Item Nos. B/L NOS. 20 ZIMUORF109014301

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.

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ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

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Notice To Consignees

“EVER URSULA” (ZIM VOY VEV 10/E) I.G.M.

NO. 2340653 DTD. 12.04.2023

The above vessel has arrived at NHAVA SHEVA (BMCT) on 15/04/2023 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 :