NEW DELHI: The Prime Minister's Office has greenlit a comprehensive three-pronged strategy aimed at advancing India's maritime sector, with a cornerstone initiative of channeling at least Rs 25,000 crore from the Mar
(
development.
Cont’d. Pg. 15
JN Port Authority Board clears proposal for Vadhvan Port’s dredging and reclamation work
The responsibility of expanding port capacities has been assigned to the Sagarmala Development Company Limited (SDCL), which will transition into a Non-Banking Financial Company (NBFC) by 2025 to better facilitate these investments. N A V I M U M B A I :
The Board of Jawaharlal Nehru Port Authority has cleared a proposal to undertake dredging, offshore reclamation and shore protection work estimated worth Rs20,647 crores for Vadhvan Port in two phases on the Hybrid Annuity Model.
Cont’d. Pg. 15
SeaLead Inaugurates New Office in South Korea, A Move Towards Expansion in East Asia
SEOUL: SeaL ead, a fastgrowing global shipping line, inaugurated its office in Seoul, South Korea This milestone underlines SeaL ead’s ambitious growth strategy within East Asia, where the company aims to strengthen its position by tapping into the region's e x p a n d i n g i n t r a -A s i a t r a d e The Seoul office will function as a regional hub, connecting logistics companies & forwarders, local manufacturers and exporters with SeaLead’s extensive global network and enhanced shipping solutions.
As a leading exporter, South Korea boasts a thriving market for international trade According to Container News, in August alone, the country traded 367,000 TEUs with eight other Asian economies, a 12% increase year- on-year This dynamic growth underscores South Korea’s critical role within the intra-Asia trade, which SeaLead is aiming to support by offering localised services in proximity to its customers
SeaLead’s recent expansions, including new offices in Malaysia and India, highlight its dedication to advancing trade in the region and facilitating seamless connections to global markets. The establishment of the South Korea office further enhances SeaLead's capacity to serve high-demand routes, especially as the company looks to leverage growing Transpacific trade opportunities. Beyond Transpacific routes, SeaLead is also focused on growth plans connecting South Korea to the Mediterranean, North and East Africa, the Red Sea, and the Middle East, ensuring comprehensive
coverage across key global trade corridors Through its AsiaWe
, SeaLead has established a direct link between China, South Korea, and the US West Coast, aligning with
long-haul routes.
A
Managing Director, North and S
, commented: “Our new office in Seoul reinforces our commitment to meeting the rising demand for efficient shipping solutions across East Asia. South Korea is a vital market for us, and by establishing a stronger presence here, we are better positioned to support logistics companies, forwarders, manufacturers and exporters with seamless access to our network.”
Leading the new office, Managing Director, Brian You, remarked: “Establishing a dedicated office in Seoul brings us closer to our customers, allowing us to respond swiftly to their needs and adapt to market demands. South Korea is essential to our growth in the region, and with this local presence, we can help industries navigate regional and global trade channels with confidence.”
As South Korea continues to strengthen its economic position, SeaLead remains committed to supporting the nation’s ambitions through flexible and reliable shipping solutions that serve the needs of a dynamic market. This new office reflects SeaLead’s vision to becoming a leader in global shipping.
SAMUDERA SHIPPING LINE LTD.
Services offered to : Singapore, Jakarta, Surabaya, Semerang, Belawan, Makassar, Bangkok PAT, BMT, Laemchabang, Port Kelang, Pasir Gudang, Penang, Ho Chi Minh, Cat Lai, Haiphong, Danang, Quinhon, Chittagong, Yangon & Shanghai from NHAVA SHEVA, PIPAVAV & MUNDRA.
VESSELS DUE AT MUMBAI FOR EXPORT LOADING
17/1218/12 Hoegh London 47
Hoegh Autoliners Merchant Shpg. Le Havre, Zeebrugge, Emden, Bremerhaven via Singapore TO LOAD FOR USA, CANADA, ATLANTIC & PACIFIC, SOUTH-CENTRAL AMERICA & WEST INDIES PORTS
20/1122/11
AAL Singapore 11E24
04/1208/12 CP Pacific 45
12/1213/12 Thalatta (Malta) 008
26/1227/12 Alliance Norfolk 140
AAL Merchant Shpg. Houston, New Orleans.
Chipolbrok Samsara Houston.
Eukor Car Carrier Parekh Marine South, Central America & Caribbean Ports
Hoegh Autoliners Merchant Shpg. Kingston, Veracruz, Freeport, Jacksonville & South American & Caribbean Ports via Kingston 28/1229/12 Morning Lisa (Pan) 147
Eukor Car Carrier Parekh Marine South, Central America & Caribbean Ports TO LOAD FOR FAR EAST / EAST, WEST & SOUTH AFRICA / AUSTRALIA & NEW ZEALAND PORTS
The above vessel is arriving at GTI/NSICT 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 Unifeeder Global FZCO for issuance of Delivery Order (DO) without Unifeeder 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 GLOBAL FZCO Unit No. 2002-2004, 2201-2204 & 2103, Building Q2, Aurum Q Parc, Gen 4/1, TIC, Ghansoli, Thane Belapur Road, Navi Mumbai 400701 • Email : dhirendra.singh@unifeeder.com VESSEL
MSC Agency Antwerp, Le Havre, Rotterdam, Dunkirk, Felixstowe, Southampton, Hind Terminals 06/1207/12 06/12 0900 MSC York VII IP449A Helsingborg, Gothenburg & Red Sea, Med, Gioia Tauro (D). 13/1214/12 13/12 0900 MSC Nerissa IP450A SCI CMT Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre (EPIC / IPAK)
COSCO COSCO Shpg. UK, North Cont, Scandinavian, Red Sea & Med. Ports. Indial Indial Shpg. UK, North Cont, Scandinavian, Red Sea & Med. Ports. Seahorse Ship UK, North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos. Globelink Globelink WW UK, North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens.
TSS L'Global Ag. UK, North Continent & Scandinavian Ports. Dronagiri-2 AMI Intl. AMI Global UK, North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3 Kalko Faredeal UK, North Continent & Scandinavian Ports. Dronagiri-3 Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.
Safewater Safewater Lines UK, North Continent, Red Sea & Med. Ports. Team Global Team Global Log. UK, North Continent & Scandinavian Ports. Pun.Conware
TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from GTI
TBATBA Navios Constellation 4346W Hapag ISS Shpg. UK, North Cont., Scandinavian, Red Sea & Med.Ports. ULA CFS 09/1210/12
TBATBA NYK Vesta 087W
COSCO COSCO (I) UK, North Cont., Scandinavian, Red Sea & Med.Ports. (IOS)
ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. (* NSICT) Gold Star Star Ship Hamburg, Antwerp, Tilbury. Oceangate CFS 20/1122/11 19/11 1800 Value 0MXKVW1 Q1901 1109653-05/11 Hapag ISS Shpg. Suez, Port Said, La Spezia, Genoa. Fos, Barcelona, ULA CFS 27/1128/11 TBATBA Seaspan Oceania 0MXKZW1 Q1978 1110619-12/11 CMA CGM CMA CGM Ag. Valencia, Cagliari. (IMEX Service) Dron-3&Mul 05/1206/12
TBATBA Ningbo Express 0MXL1W1 COSCO COSCO Shpg. P Said, La Spezia, Livorno, Genoa, Fos, Barcelona, Valencia, Algeciras 21/1122/11 20/11 1900 Cap San Lazaro 446W Q1876 1109356-02/11 Maersk Line Maersk India Port Tangiers, Algeciras, Rotterdam, Felixstowe Maersk CFS 28/1129/11 TBATBA Cap San Sounio 447W Q1916 1109854-06/11 (ME 2) TO LOAD FOR
U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS
from BMCT 19/1120/11 18/11 1800 TB Bright City 32INDSTP Q1838 1109000-30/10 MDL Line Hub & Links Alexandira & St. Petersburg 19/1120/11 19/11 0200 CMA CGM Columba 0PEATW1 Q1910 1109839-06/11 CMA CGM CMA CGM Ag.(I) Southampton, Bremerhaven, Rotterdam, Antwerp, Dron-3 & Mul 30/1101/12
Volta Container Corten Shpg. Venghazi, Algier, Raves, Constanta, Thessaloniki, Piraeus, Reel Shpg. Corten Shpg. Barcelona, Valencia, Misurata (West Asia Red Sea Med - WARM) 25/1126/11
TBATBA Cstar Peter 2446W CU Lines Seahorse Shpg. Djibouti, Jeddah, Aden. 06/1207/12
TBATBA K R Tasman 2448W C Star Diamond Maritime (IMR1) 13/1214/12
TBATBA R C Ocean 2449W UGL Seatrade Shipping
LOAD FOR BLACK SEA, EAST EUROPE
VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH
Maersk India Charleston, Norfolk, New York, Savannah & Other Maersk CFS 10/1211/12 TBATBA Maersk Denver 448W Q1960 1110431-11/11 US East Coast Ports.Middle East Container Lines(MECL) Pegasus Maritime Noble Shipping US East Coast & West Coast
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from NSIGT
In Port 19/11 Tolten 4146W Q1837 1108982-30/10 Hapag ISS Shpg. New York, Norfolk, Charleston, Savannah ULA CFS
25/1126/11 TBATBA Kuala Lumpur Express 4147W Q1902 1109649-05/11 (TPI/INDAMEX) 20/1121/11 20/11 1100 MSC Emanuela IS445A Q1968 1110492-11/11
Agency Baltimore,Boston,Philadelphia,Miami,Arica,Buenaventura, HindTerminals 25/1126/11 25/11 1100 MSC Altair IS446A Q2015 1111128-15/11 Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 03/1204/12
MSC Renee IS447A Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express)
Globelink Globelink WW USA, East & West Coast.
21/1122/11 TBA 1000 MSC Banu III IU446A MSC MSC Agency New York, Charleston, Huston, Freeport. Hind Terminals
1000 America IU447A Q1999 1110952-14/11 Kotak Global Kotak Global US East, West & Gulf Coast (INDUS) 29/1130/11 29/11 0900 MSC Antigua IP448A Q1986 1110810-13/11 MSC MSC Agency Boston, Philadelphia, Miami, Coronel, Guayaquil, Cartagena, Hind Terminals 06/1207/12 06/12 0900 MSC York VII IP449A Indial Indial Shpg. San Antonio,Arica,Buenaventura,Callao,La Guaira, Paita, 13/1214/12
Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports.
0900 MSC Nerissa IP450A Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel (EPIC / IPAK)
AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3 Safewater Safewater Line US East Coast, South & Central America
CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah & Dron.-3 & Mul. 07/1208/12
TBATBA CMA CGM Nabucco 0INIJW1 OOCL OOCL(I)
Other US East Coast Ports. Dronagiri-2 14/1215/12
TBATBA CMA CGM La Scala 0INILW1
ONE Line ONE (India) India America Express (INDAMEX) (INDAMEX)
COSCO COSCO Shpg. Indial Indial Shpg. US East Coast & South America ICC Line Neptune New York,Norfolk,Charleston,Miami,Baltimore,Houston & Other Ports. GDL/Dron.-3 Team Lines Team Global Log. Norfolk, Charleston. ConexTerminal Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 Kotak Global Kotak Global US East, West & Gulf Coast
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from GTI
In Port 19/11 MOL Presence 018E Q1858 1109093-30/10 ONE Line ONE (India) USA, East & West Coast, USA, South & Central America
22/1123/11 TBATBA Dimitris Y 249E Q1932 1110000-07/11 & Caribbean Ports, Canada. (TIP Service) 30/1101/12 TBATBA One Responsibility 001E
Globelink WW USA, Canada, Atlantic & Pacific, South American & 05/1206/12 TBATBA Cap Andreas 016E
Indies Ports. In Port 20/11 OOCL Luxembourg 113E Q1826 1108709-28/10
05/1206/12
10/1211/12
TBATBA Stratford 133E Q1964 1110409-11/11 RCL RCL Ag USA East Coast & Other Inland Destinations.
TBATBA Xin Da Yang Zhou 097E COSCO COSCO Shpg. US West Coast.
TBATBA Pusan 35E Yang Ming Yang Ming(I) US West Coast. China India Express III - (CIX-3) Contl.War.Corpn. 17/1218/12 TBATBA Aka Bhum 025E
20/1122/11 19/11 1800 Value 0MXKVW1 Q1901 1109653-05/11
24/11 1500 SOL Prime 5406W Q1980 1110686-12/11 BLPL Transworld GLS Jebel Ali. 24/1125/11 TBATBA Seatrade Peru 002W Q1702 1106625-12/10 ONE Line ONE (India) Jebel Ali. 01/1202/12 TBATBA Norderney 089W
26/1127/11 TBATBA Grand Mariner 23 Q1816 1108401-25/10 Lubeck Giga Shipping Bundar Abbas 28/1129/11 TBATBA Maersk Atlanta 446W Q1917 1109857-06/11 Maersk Line Maersk India Salallah. (MECL)
CFS 28/1129/11 TBATBA Shiba 1338W HDASCO Armita India Bandar Abbas, Chabahar. (IIX) 30/1101/12 TBATBA Inter Sydney 0168 Q2014 1111000-15/11 Interworld Efficient Marine Bandar Abbas, Chabahar (BMM) Alligator Shpg. Aiyer Shpg. Bandar Abbas, Chabahar.
LMT Orchid Gulf Ports. Dronagiri-3 Bay Line Freight Conn. Port Sudan & Al Sokhna CWC,GDL&DRT ICC Line Neptune UAE & Upper Gulf Ports. GDL-5 Team Lines Team Global Log. Gulf Ports. Conex Terminal 11/1212/12
In Port 20/11 OOCL Luxembourg 113E Q1826 1108709-28/10 OOCL OOCL (I) Colombo. GDL 26/1127/11 TBATBA Stratford 133E Q1964 1110409-11/11 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3 22/1123/11 21/11 1900 One Hangzhou Bay 057E Q1959 1110351-09/11 ONE Line ONE (India) Colombo. 29/1130/11 TBATBA MOL Creation 094E Yang Ming Yang Ming(I)
Contl.War.Corpn. 02/1204/12
TBATBA One Commitment 067E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 22/1214/12
TBATBA Wan Hai 515 E095 Q1961 1110485-11/11 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS
TBATBA One Contribution 059E HMM HMM Shpg. Seabird CFS 25/1126/11
CU Lines Seahorse Ship Port Kelang, Singapore, Haiphong, Qingdao, Shanghai, Ningbo. BSS Bhavani Shpg. P Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS
TBATBA Melbourne Bridge(*) 2407E Q1923 1109886-06/11 Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo Dronagiri 29/1130/11
TBATBA Zhong Gu Hang Zhou 24004E Q1878 1109462-04/11 Heung A Line Sinokor India 12/1213/12
TBATBA GFS Giselle 2413E Sinokor Sinokor India Seabird CFS 17/1218/12
TBATBA Mogral 2414E
TS Lines TS Lines (I) (CSC) Cordelia Cordelia Cont. Port Kelang, Far East & China Ports (* NSIGT) Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 25/1126/11 24/11 1500 SOL Prime 5405E Q1980 1110686-12/11 BLPL Transworld GLS Far East Ports. 28/11 29/11 27/11 0900 MSC Fatma FD441E Q1966 1110496-11/11 MSC MSC Agency Dalian, Shanghai, Ningbo, Yantian. Hind Terminals 02/12 03/12 01/12 0900 MSC Kayley FD442E Q2016 1111129-15/11 (DRAGON EB)
VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING
ETAETD VESSELS Voy V.I.A ROT. LINE AGENTS WILL LOAD FOR
DATE TIME
No.No.
CHINA & JAPAN PORTS from
In Port 19/11 MOL Presence 018E Q1858 1109093-30/10 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 22/1123/11
TBATBA Dimitris Y 249E Q1932 1110000-07/11 X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang. 30/1101/12
TBATBA One Responsibility 001E
Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri 05/1206/12
TBATBA Cap Andreas 016E
RCL RCL Ag. Port Kelang, Singapore, Laem Chabang. (TIP Service)
HMM HMM Shpg. Port Kelang(N), Port Kelang(W), Singapore. Seabird CFS In Port 20/11 OOCL Luxembourg 113E Q1826 1108709-28/10
OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, GDL/Dron-1 26/1127/11
05/1206/12
TBATBA Stratford 133E Q1964 1110409-11/11 APL
TBATBA Xin Da Yang Zhou 097E
CMA CGM Ag. Ningbo. Dron.-3&Mul.
ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 10/1211/12
TBATBA Pusan 35E
COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 17/1218/12
TBATBA Aka Bhum 025E
Gold Star Star Ship Singapore, Hong Kong, Shanghai. 24/1225/12
TBATBA OOCL Hamburg 154E
ANL CMA CGM Ag. Port Kelang, Singapore (CIX-3) Dron.-3&Mul. TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2
21/1122/11 21/11 1700 X-Press Cassiopeia 447E Q1869 1109279-01/11 Maersk Line Maersk India Port Kelang, Tanjung Pelepas, Singapore, Hongkong, Maersk CFS
Sinokor/Heung A Sinokor India Port Kelang, Singapore, Qingdao, Xingang, Pusan Seabird CFS 20/1121/11 19/11 0300 Argolikos E166 Q1900 1109652-05/11 Wan Hai Wan Hai Lines Port Kelang, Singapore, Kaohsiung, Hongkong, Dronagiri-1 26/1127/11
TBATBA Wan Hai 502 E128 Q2004 1111019-14/11 Evergreen Evergreen Shpg. Shekou. Balmer Law. CFS Dron. 03/1204/12
TBATBA Wan Hai 508 E208
Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/ 10/1211/12
TBATBA Seaspan Brisbane E004 TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 22/1123/11 21/11 1900 One Hangzhou Bay 057E Q1959 1110351-09/11 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 29/1130/11
TBATBA MOL Creation 094E
Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 02/1204/12
TBATBA One Commitment 067E HMM HMM Shpg. Seabird CFS 22/1214/12
TBATBA One Contribution 059E
Samudera Samudera Shpg. Dronagiri (PS3 Service) Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai OceanGate 25/1126/11
TBATBA Wan Hai 515 E095 Q1961 1110485-11/11 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 27/1128/11
TBATBA Zhong Gu Ji Nan 24007E Emirates Emirates Shpg. Port Kelang, Hongkong, Qingdao, Kwangyang, Pusan,Ningbo, Shekou, Singapore Dronagiri-2 In Port 18/11 An Tong Fu Zhou 2402W Q1913 1109846-06/11 Sinolines Transorient Shanghai, Ningbo, Shekou & Other Far East Ports. 26/1127/11
TBATBA An Tong Da Lian 2402W (CIW) 20/1121/11 20/11 0900 Hyundai Brave 0111E Q1726 1106998-15/10 HMM HMM Shpg. Singapore, Da Chan Bay, Busan, Kwangyang, Seabird CFS 25/1126/11
TBATBA Hyundai Saturn 0047E Q1939
Sinokor Sinokor India Shanghai
Seabird CFS 30/1101/12
TBATBA Hyundai Promise 0043E (FIM East Bound) 18/1120/11 18/11 1600 Xin Ya Zhou 165 Q1758 1107518-18/10
GDL/— CU Lines Seahorse Ship Singapore, Shanghai, Ningbo, Hongkong, Taichung, Kaohsiung. 22/1123/11 21/11 1900 KMTC Yokohama 2410E Q1933 1110015-07/11 Wan Hai Wan Hai Lines Port Kelang, Jakarta, Surabaya
Dronagiri-1 28/1129/11
TBATBA Wan Hai 309 E027
KMTC/Interasia KMTC(I)/Interasia Port Kelang, Jakarta, Surabaya (AIS5/SI8 Service) Dronagiri-3/— 22/1123/11 22/11 1200 TS Keelung 24005E Q1879 1109463-04/11
ONE Line ONE (India) Port Kelang, Hongkong, Shanghai, Ningbo, Shekou 28/1129/11
TBATBA One Matrix 093E Gold Star Star Ship 15/1216/12
TBATBA X-Press Capella 24008E
RCL/PIL RCL Ag./PIL India (CWX/CIX5)
Dron-3/Dron-2
Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 22/1123/11 22/11 0100 Wan Hai 627 E019 Q1970 1110490-11/11 Sinokor Sinokor India Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Seabird CFS 04/1205/12
05/1206/12
10/1212/12
17/1219/12
TBATBA Wan Hai 511 E095
TBATBA Beijing Bridge E407
Heung A Line Sinokor India Hongkong
Wan Hai Wan Hai Lines (CI6)
TBATBA Wan Hai 613 E066 InterasiaInterasia
TBATBA Interasia Accelerate E003
Feedertech Feedertech/TSA Dronagiri 22/1123/11
CFS
TBATBA EF Olivia 094W Q1981 1110687-12/11 ONE Line ONE (India) Singapore 29/1130/11
TBATBA Xin Da Yang Zhou 097E OOCL OOCL (I) Sydney, Melbourne. GDL
TBATBA Pusan 35E
TBATBA Aka Bhum 025E
Asia MCS (I) Port Lae, Port Moresbay, Madang, Kavieng, Rabaul, Honiara Dronagiri-3 24/1225/12
TBATBA OOCL Hamburg 154E Team Lines Team Global Log. Australia & New Zealand Ports. ConexTerminal 20/1121/11 19/11 0300 Argolikos E166 Q1900 1109652-05/11
TBATBA Wan Hai 502 E128 Q2004 1111019-14/11 Auckland, Tauranga, Madang, Port Lae, Rabaul, Port Moresby
TBATBA Wan Hai 508 E208
TS Lines TS Lines (I) Australian Ports. Dronagiri-2 10/1211/12
TBATBA Seaspan Brisbane E004 (CIX)
TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from BMCT
In Port 18/11 KMTC Chennai 2409 Q1893 1109591-04/11 TS Lines TS Lines (I) Australia & New Zealand Ports. (AIS SERVICE) Dronagiri-2 In Port 18/11 An Tong Fu Zhou 2402W Q1913 1109846-06/11 Sinolines Transorient Melbourne, Sydney, Brisbane 26/1127/11
20/1121/11
TBATBA An Tong Da Lian 2402W SeaLead SeaLead Shpg. (CIW / FIX 2)
TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSFT
TBATBA AS Carlotta 2445W Q1956 ONE Line ONE (India) Durban, Cape
Tema, Tincan, Apapa. 26/1127/11
24/1125/11
TBATBA Navios Dorado 2446W
Yokohama Star 02SJ3S1 Q1899 1109648-05/11
27/1128/11 TBATBA SC Montreux 02SJ5S1
TBATBA ESL Asante 02SJ7S1 Emirates Emirates Shpg. Longoni, Dar Es Salaam, Zanzibar, Nacala & Other Ports Dronagiri-2 02/1203/12 TBATBA Contship Uno 24013W Q1925 1109887-06/11 SeaLead SeaLead Shpg. Mombasa, Dar Es Salaam OOCL/TS Lines OOCL(I)/TS Lines(I) (IDEA
& SOUTH
AFRICAN PORTS from NSICT
In Port 18/11 APL Holland 0MSKBW1 Q1842 1108905-30/10 Maersk Line Maersk India Durban, Luanda, Pointe Noire, Aapapa, Tincan, Maersk CFS 19/1120/11 19/11 1300 Maersk Chennai 446W Q1872
Cotonou (Direct), Port
Port Louis (MESAWA) Dron.-3&Mul.
Stanley A OMTIVW1 Q1936 1110059-07/11 CMA CGM CMA CGM Ag. Reunion, Durban, Pointe Desgalets, Walvis Bay, Luanda, Dron.-3&Mul. 29/1130/11 TBATBA CMA CGM Valpariso OMTIXW1 Maersk Line Maersk India Pointe Noire, Tincan, Apapa, Tema, Cotonou, Lome, Capetown. Maersk CFS 06/1207/12 TBATBA Halsted 0MTIZW1 Q1950 1110215-08/11 DAL Seatrade Durban, Port Elizabeth, Capetown, Maputo, Beira. (MIDAS-2) 24/1125/11
TBATBA Seatrade Peru 002W Q1702 1106625-12/10 ONE Line ONE
Safewater Safewater Lines East, South & West African Ports (EPIC / IPAK) TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from
In Port 20/11 OOCL Luxembourg 113E Q1826 1108709-28/10
m.v “KMTC CHENNAI” V - 2409 I. G. M. No. 2392930 DTD 13.11.2024.
The above vessel has arrived at NHAVA SHEVA (BMCT) on 17-11-2024 with import cargoes from ports AKITA, BELAWAN, BUSAN NEW PORT, CAI MEP (BA RIA VUNG TAU), DALIAN, HOCHIMINH, HONG KONG, INCHEON, KOBE, KWANGYANG, MIZUSHIMA, MOJI, NIIGATA, NINGBO, OITA, OSAKA, PANGKAL BALAM, PORT KLANG WESTPORT, QINGDAO, SAKAIMINATO, SHEKOU, SINGAPORE, TOKUYAMA, TOKYO, XIAMEN, XINGANG, YOKOHAMA also transshipment cargo of following Ex. Mother vessels:
VESSEL
SHECAN 2437W
KMTC KEELUNG 2413N
WECAN 2418W
SITC YUNCHENG 2411S
SUNNY VIOLET 2414E
TY INCHEON 2427W
SHECAN 2440W
HANNAH SCHULTE 0037S
LOS ANDES BRIDGE 210N
SUNNY DAISY 2412W
DONGJIN FORTUNE 2448W
STAR PIONEER 2436E
SKY CHALLENGE 2407S
TONSBERG 0PU23W
STAR VOYAGER 2418W
DONGJIN FIDES 0539N
DONGJIN FORTUNE 2447W
SUNNY LINDEN 2442W
Item No. and Bills of lading Nos. are as mentioned below :
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VESSEL
PMO launches New Maritime Strategy; to infuse Rs. 25,000 Cr into Port sector
Cont’d. from Pg. 3
This funding will enable the construction of new terminals, breakwaters, and dredging of shallow channels, along with backend infrastructure to improve access for freight trains and trucks.
A Ministry of Ports, Shipping, and Waterways official emphasised that the substantial financial boost to SDCL for domestic port investments stands out as a critical step forward. Currently, the 12 major ports face two primary issues: financial constraints and limited physical space.
According to a 2023 Crisil report,
JN
establishing a container terminal with a capacity of one million TEUs demands an investment between Rs 10 billion and Rs 15 billion The scale of this capital requirement
o f t e n d e t e r s p r i v a t e s e c t o r involvement at the initial stage.
While freight traffic through both government and private Indian ports surged by 46 per cent from FY15 to F Y 2 4 , t h i s g r o w t h h a s b e e n concentrated primarily at a few key locations: Jawaharlal Nehru Port Authority (JNPA), Deendayal, Paradip, and the Adani-operated Mundra ports.
A proposed solution involves constructing new ports in less congested, outlying areas near existing facilities, allowing the older ports to scale down over time "The additional capital allocation to SDCL will thus be crucial," noted an industry official. India's "major ports," managed by the central government, are all in urgent need of funding to manage the expected growth in ocean-going traffic, which is anticipated to rise at an annual CAGR of nearly 5 per cent. In the first half of FY25 alone, traffic expanded by 4.6 per cent, underlining the need for accelerated investment.
Port Authority Board clears proposal for Vadhvan Port’s dredging and reclamation work
during the construction period of three years.
In the second phase, the balance r e c l
Cont’d. from Pg. 3
According to the proposal, the first phase of the work will involve reclamation of some 800 hectares of land to build the new port for which t h e c o n t r a c t o r w i l l b e p a i d 60 percent of the contract value
400 hectares will be carried out in two years during which the contractor will be paid 60 percent of the contract value.
The balance 40 percent of the contract value for both the phases will be paid to the contractor during a ten year maintenance
period which will start after the t w o p h a s e s o f o f f s h o r e reclamation, dredging and shore protection works are completed in five years, sources briefed on the plan said.
T h e p r o p o s a l w i l l n o w b e submitted to the Ministry of Ports, Shipping and Waterways for onward submission to the Public Private Partnership Appraisal Committee for approval.
China's Xi Jinping hails 'new land-sea channel' between Asia, Latin America
LIMA: Chinese President Xi Jinping recently hailed the birth of a new "land-sea channel" connecting
Asia to L atin America, as he inaugurated the first Beijing-funded port in the region "We are witnessing
the birth of a new land-sea channel between Asia and Latin America in the new era," Xi said.
China Top import source for India during Apr-Oct 2024: Commerce Ministry data
N E W D E L H I : C h i n a w a s India's top import source with USD 65 89 billion, a 9 8 per cent year-on-year increase, worth of inbound shipments during the April-October period of this fiscal, according to the Commerce Ministry d a t a E x p o r t s t o C h i n a , however, dipped by 9.37 per cent to USD 8 billion.
D u r i n g t h e p e r i o d , t h e US emerged as the top export destination for the country with outbound shipments increasing by 6.31 per cent to USD 47.24 billion.
D u r i n g t h e p e r i o d , t h e top 10 import sources of India were China, Russia, the UAE, the US, Iraq, Saudi Arabia, Indonesia, Korea,
Switzerland and Singapore, the data showed.
Imports from Russia rose by 8 85 per cent to USD 38 8 billion during April-October this fiscal from USD 35.65 billion a year ago.
Similarly, the inbound shipments from the UAE rose by 55.12 per cent to U S D 3 8 6 4 b i l l i o n f r o m USD 24 9 billion in the first seven months of the last fiscal
During the period, the top 10 export destinations of the country w e r e t h e U S , t h e U A E , t h e N e t h e r l a n d s , t h e U K , C h i n a , Singapore, Saudi Arabia, Bangladesh, Germany and Australia.
Exports to the UAE rose by 15.86 per cent from USD 18 billion
during April-October 2023 to USD 20.93 billion during April-October this fiscal.
In 2023-24, the US was India's largest trading partner, followed by China.
China was India's top trading partner from 2013-14 till 2017-18 and in 2020-21 Before China, the UAE was the country's largest trading partner The US was also India's largest trading partner in 2021-22 and 2022-23.
Further in October, imports from the UAE, with which India has a free trade agreement, jumped by 70 37 per cent to USD 7 18 billion, while exports grew by 43.32 per cent to USD 3.72 billion.
India-US trade relations continue to grow irrespective of change in regime : Commerce Secretary
NEW DELHI: India's trade relations with the US will continue to grow irrespective of the change i n r e g i m e i n A m e r i c a , a t o p government official said recently. According to the commerce ministry data, India's exports to the US jumped to USD 39 2 billion in October against USD 21 46 billion in October 2015
During 2001-23, at a Compounded Annual Growth Rate (CAGR), India's exports to America rose by 10.48 per cent. In this period, the US imports from the world have grown by 4.76 per cent.
"Our (India-US) integration is growing and we are getting bipartisan support. whatever is the regime (in the US), we are finding that our economic integration with the US is increasing over the period of time...and that is a good thing for us and I trust that it will continue (to grow)," Commerce Secretary Sunil Barthwal told reporters here.
He added that the two economies have strongly integrated with each other through various agreements, including the IPEF (Indo-Pacific Economic Framework for Prosperity) and other bilateral mechanisms.
"We are able to have a sustained growth in terms of exports and imports," he said.
The data is showing not only the resiliency but also better integration with the US value chains and "this is very positive factor which is across all presidencies," he added.
When asked whether India would ask for the proposed mini-trade deal which was discussed during the first Trump administration, the secretary said that presently the Presidentelect is building his team and once that team is in place, there will be policy pronouncements from them and based on that "we will be also taking a call".
The US is the largest trading partner of India in 2023-24. India's exports stood at USD 77.51 billion, while imports aggregated at USD 42.2 billion in the last fiscal.
During April-October this fiscal, the country's exports to America rose by 6.31 per cent to USD 47.24 billion, while imports grew by 2.46 per cent to USD 26 billion.
A d d i t i o n a l S e c r e t a r y i n the Department of Commerce Rajesh Agrawal said that in the services area also, India's exports and imports have registered healthy growth with the US.
Trade experts have stated that Indian exporters may face high customs duties for goods like a u t o m o b i l e s , t e x t i l e s a n d pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts.
Experts have said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms.
Over 80 per cent of India's IT export earnings come from the US.
The US is India's largest trading partner, accounting for over USD 190 billion of annual trade.
Global Trade Research Initiative (GTRI) Founder Ajay Srivastava has said that Trump may extend tariffs beyond China to include India and other countries.
Trump had earlier called India a "large tariff abuser" and in October 2020 labelled India as the 'tariff king'.
These remarks suggest that Trump's second term could bring tougher trade negotiations, he has said.
Inter national trade expert Biswajit Dhar said that Trump would increase tariffs in various sectors as he has to follow his call for MAGA (Make America Great Again).
Between FY 2020 and FY 2024, India's merchandise exports to America rose by 46 per cent from USD 53.1 billion to USD 77.5 billion.
Imports from the US also grew to USD 42.2 billion last fiscal from USD 35.8 billion in 2019-20.
On the other hand, trade in services between the two nations expanded 30.3 per cent from USD 54.1 billion in 2018 to an estimated USD 70.5 billion in 2024.
India is also a key destination for American businesses such as professional, scientific, and technical services, manufacturing, and IT Washington is the third largest investor India received USD 66 7 billion of FDI inflow between April 2000 and June 2024.
India should use Trump tariffs to boost hardware exports to US
NEW DELHI: With US Presidentelect Donald Trump intending to impose substantially higher tariffs on Chinese goods, India should utilise this to its advantage by manufacturing electronics hardware products and exporting them to the US, said Ajai Chowdhry, Co-Founder of HCL.
Chowdhry, also the Chairman of the Mission Governing Board of the National Quantum Mission (NQM), emphasised the need for making India a hardware product nation, raising concerns that India no longer has any major electronic brands.
He informed that under the NQM all the four Section 8 companies are expected to come up in the next one week under the aegis of the country’s premier institutes to undertake various activities under the mission.
“Now Donald Trump is coming in as the US President. He is going to
impose a 60% duty on all Chinese products He is going to impose 20 per cent duty on all other imports. India is a very trusted source, the US trusts us. So, if we create products in India and export from India, we would have a 40 per cent advantage. So it opens up a huge market for Indian products. Can you imagine the benefit of designing and making in India? So this kind of thinking we should do in the country,” Chowdhry said.
According to him, presently under the production-linked incentives ( P L I ) s c h e m e f o r h a r d w a r e manufacturing a very low value addition work is happening in India. The country needs to create Indian brands for the world.
“Whatever manufacturing in the hardware space in India is happening is happening at 5 per cent, 10 per cent or 15 per cent value addition. We must move up now. The value addition
should come from design And if we design in India and create Indian brands, then we make products in India for India and then for the world, we will be much better off,” he said.
Noting that India till now has been totally service oriented, Chowdhry said it was very concerning that manufacturing hardware products were being neglected.
He said he started the EPIC Foundation with a single objective to make India a hardware product nation.
On the National Quantum Mission, Chowdhry said each of the four independent Section 8 companies, in which the thematic parks will be housed, will have a board and a CEO
“Most of the companies are ready to start. Their boards will have people from the private sector also. In the next one week all the four companies will come up,” he added.
India's merchandise exports surge 17% in Oct, fastest pace in 28 months
Commerce Secretary Sunil Barthwal said if this trend con nues, India will be able to export goods and services worth $800 billion during this financial year
N E W D E L H I : I n d i a ’ s merchandise exports grew at the fastest pace in 28 months in October, witnessing double-digit growth of 17.3 per cent year-on-year (Y-o-Y) to touch $39.2 billion, due to inventory build-up in the Western countries ahead of the Christmas season.
However, the imports hit an alltime high of $66.34 billion in October, growing at 3.9 per cent, leading to a widening of the trade deficit, or the gap between imports and exports, to $27 1 billion from $20 8 billion in September, data released by the Commerce Department showed.
On the brighter side, nonpetroleum and non-gems and jewellery exports, an indication of a clearer parameter of exports’ health and domestic manufacturing, grew 27.7 per cent to touch $31.36 billion in the previous month.
Exports growth was driven by higher demand for items such as engineering goods (39 4 per cent), c h e m i c a l s ( 2 7 3 5 p e r c e n t ) , electronic goods (45 7 per cent), readymade garments (35 1 per cent) and rice (85 8 per cent)
On the other hand, exports of petroleum products, with a 12 per cent share in India's export basket, continued to contract in October (-22 1 per cent) at $4.6 billion due to sustained declineinglobalcrudeoilprices
Commerce Secretary Sunil Barthwal said exports performance
Merchandise
NEW DELHI: Reacting to the October, 2024 merchandise exports of USD 39 2 billion, which surged impressively with a high double-digit growth of 17.25%, the highest in recent t i m e s , s a i d F I E O Pr e s i d e n t , Mr Ashwani Kumar.
FIEO Chief added that such an impressive double-digit growth in m e r c h a n d i s e e x p o r t s , a m i d s t c o n t i n u i n g g l o b a l e c o n o m i c uncertainties is definitely very encouraging sign of revival. Mr Kumar further added that the ongoing international trade disruptions along with the volatility in crude and metal prices have also played key role in increasing the value of exports to some extent. The rising tensions between Israel-Iran has continuously led to logistical challenges with regard to international trade getting impacted as most of our trade to Europe, Africa, CIS and Gulf region are happening
this year will be better than last year and if the trend continues, India will be able to export goods and services worth $800 billion during this financial year.
“October is also the time when inventory build-up happens for Christmas sales. Prima facie, what I feel is that this Christmas sales looks better than last year,” Barthwal said.
Commerce Secretar y Sunil Barthwal added, “Perhaps, that is also reflecting that we are able to contribute more in terms of exports to these countries.”
On a cumulative basis, during April-October, exports saw 3 2 per cent growth at $244.5 billion while imports grew 5.7 per cent at $416.9 billion leading to a trade deficit of $164.65 billion during the same period.
“Our strategy of focusing on certain sectors, countries are perhaps now yielding results Our manufacturing competitiveness, which is coming due to focus on the PLI (Production Linked Incentive) s c h e m e , i s y i e l d i n g r e s u l t s Ultimately, a country’s exports are an extension of its manufacturing competitiveness,” Barthwal said.
The jump in imports in October was led by shipments of items such as crude oil (13.3 per cent), electronic goods (6.8 per cent), vegetable oil ( 5 0 9 p e r c e n t ) , m a c h i n e r y (8.7 per cent), non-ferrous metals (26.1 per cent), into the country
Non-petroleum and non-gems and jewellery imports grew at a faster pace of 5.3 per cent as compared to overall imports of items. Gold imports continued to remain high at $7.14 billion, despite a 1 per cent year-onyear contraction in October.
Aditi Nayar, Chief Economist and Head of Research and Outreach at ICRA, said the merchandise trade data for October displayed divergent trends, with a sharp rise in the trade deficit in sequential terms, amid a sizable moderation relative to October last year
“ O n e o f t h e c h i e f r e a s o n s underpinning the sequential rise in the trade deficit appears to be a jump in the volume of crude oil imports, as well as the festival season-led uptick in gold imports. Looking ahead, we expect the current account deficit to ease to 1.2 per cent of GDP in the ongoing quarter (Q3) from an estimated 1 8 per cent of GDP in Q2FY25, and settle around 1 per cent of GDP for the year (FY25) as a whole," she added.
Services exports saw 21.3 per cent growth at $34 billion in October, while services imports witnessed 26.3 per cent rise to $17 billion, resulting in a surplus of $17 billion.
The services trade data for October, however, is an “estimate”, which will be revised based on the Reserve Bank of India’s subsequent release.
through the Red Sea route or the gulf region prompting buyers to have little large inventories. He also said that the continuous hard work put in by the exporting community have started showing the results, which may continue in similar fashion during the c o m i n g m o n t h s H o w e v e r, t h e challenges with regard to trade finance still remains the key for the MSMEs as i t i s r e a l l y i m p a c t i n g t h e competitiveness of Indian products in the global markets.
FIEO President said that as imports increased by about 3 9% to USD 66.34 billion during October 2024 it resulted in the increase of trade deficit to USD 27.14 billion during the month, which needs to be looked into.
FIEO President, Mr Ashwani Kumar further reiterated that the urgent and immediate need of the hour is to take steps on the liquidity front with deeper interest subvention
support and extension of interest equalisation scheme for at least 5 years, creating a predictable b u s
o r t h e exporters. The imposition of cap of Rs 50 lakh per company in the Interest Equalisation Scheme has hit many MSMEs and they have lost order with non-availability of further s u b v e n t i o n P r e s i d e n t F I E O demanded immediate restoration of the Intertest Equalisation Scheme with a cap of Rs 10 Crore for all MSMEs and 410 tariff lines for a p e r i o d o f 5 y e a r s B e s i d e s , Government should extend the RoDTEP benefits to all sector of exports as available during pre-Covid times Conclusion of some of the key FTAs including UK, Peru, Oman and Sri Lanka should also soon see the light of the day, which FIEO have been urging to the government for quite some time now, added Mr Kumar
Govt pitching to boost Air cargo amid Red Sea trade disruptions
NEW DELHI: The Commerce Ministry is pitching for air cargo to ship products such as textiles, pharmaceuticals, electronics and perishables that rely on swift delivery as disruption in the Red Sea trade route has increased freight costs, two people aware of the development said.
“The government is considering measures to promote this segment, i n c l u d i n g t a x i n c e n t i v e s , rationalization of aviation turbine fuel p r i c e s , a n d i n f r a s t r u c t u r e development for handling air cargo,” said one of the two people cited above requesting anonymity. “Expanding cargo capacity is also a priority To reach our export target of $2 trillion by 2030, collaboration across all sectors is vital, and air cargo will play a key role.”
India’s strategic location between Europe and Asia positions it well to benefit from rerouted cargo flows, the person said.
India depends on the Suez Canal for trade with Europe, North Africa, and the Americas, which together make up around 30% of its total foreign trade worth $433.09 billion in FY24, mainly in the container sector. But shipping costs have been rising d u e t o d e l a y s a n d i n c r e a s e d insurance premiums, and there is also the heightened risk of goods being damaged or seized in attacks during transit.
While the share of air cargo is insignificant at 2-3% of India’s total freight volume, following the Red Sea crisis that started in October last year, demand surged as businesses sought quicker and more secure ways of transport. Key air transit hubs like Dubai, Colombo, and Bangkok recorded significant increases in cargo volumes headed to Europe, with Dubai-Europe traffic rising by 71%, Colombo-Europe by 61%, and Bangkok-Europe by 58% in early 2024.
A c c o r d i n g t o A j a y S a h a i , Director-General, Federation of Indian Export Organisations (FIEO), the growth potential of air cargo exports “is immense, especially with the changing export profile, particularly the rise of sophisticated items such as iPhones and high-value textiles”. “These shipments need to be airlifted due to their value and time sensitivity Additionally, smaller electronic goods are increasingly being exported through air freight,” he said.
India’s merchandise exports for the first half of fiscal year 2024-25 reached $211 46 billion, showing a slight increase from $209.38 billion a year earlier Exports of India-made iPhones reached nearly $6 billion, a 33% increase from the previous year, putting the total on track to exceed $10 billion in fiscal year 2024. Export of textiles stood at $17.64 billion in first
half of FY25, up from $16.79 billion a year earlier
According to Mordor Intelligence, India’s air cargo industry is projected to reach a market size of $17.22 billion by 2028, growing at a CAGR of 5.65% from 2023 to 2028.
“With a shift towards more sophisticated exports—typically low in volume but high in value air freight demand will increase,” Sahai said. “This aligns with India’s longterm growth plan for this sector, which will focus on meeting the needs of these high-value, low-volume shipments.”
India currently has 38 operational domestic air cargo terminals, including 27 additional terminals built since 2014 by the Airports Authority of India (AAI) and its subsidiary, AAI Cargo Logistics and Allied Services Company Ltd.
Still, according to a report by industry lobby Ficci and KPMG, Indian air cargo industry faces several challenges. These include high dwell times, congested cargo terminals, and inefficient use of belly cargo capacity Damaged or nontraceable cargo and reliance on manual processes and other such issues. The report attributed these problems to lack of supporting infrastructure, complex procedures, limited technology adoption, and human resource limitations.
S&P projects 6.5-7 % annual growth for Indian economy through 2027
N E W D E L H I : S & P G l o b a l
Ratings has projected the Indian e c o n o m y t o g r o w b e t w e e n 6.5-7 per cent annually in the three fiscal years till March 2027 as infrastructure spending and private c o n s u m p t i o n d r i v e g r o w t h momentum In its global bank outlook report, S&P also said that good economic growth prospects will continue to support banks' asset
quality, while healthy corporate balance sheets, tighter underwriting standards and improved risk management practices will further stabilise asset quality
It said structural improvements and good economic prospects will support the resilience of India's financial institutions.
"India's infrastructure spending and private consumption will support
robust economic growth. We forecast GDP will expand 6.5-7.0 per cent annually in fiscal years 2025-2027 (year ending March 31). India's good economic growth prospects will continue to support banks' asset quality," S&P said.
R
Fo
growth to be 7.2 per cent, lower than 8.2 per cent in 2023-24.
Coal shipments to advanced economies heading for a 15-year low : BIMCO
OSLO: “During the first 10 months of 2024, coal shipments to advanced economies fell 6% y/y. Import demand weakened, particularly in Europe, where it fell 22% y/y as countries continued to decarbonise their electricity generation. At this rate, shipments to advanced economies will reach a 15-year low in 2024,” says Filipe Gouveia, Shipping Analyst at BIMCO.
Thermal coal shipments fell by 9% y/y as electricity generation from coal decreased, especially in Europe. In A s i a n a d v a n c e d e c o n o m i e s , shipments only fell 4% y/y, as higher temperatures increased electricity demand for air conditioning. Coking
coal imports in advanced economies rose 1% y/y, even as steel production marginally decreased. Coking coal is used to produce virgin steel but not recycled steel.
S h i p m e n t s t o a d v a n c e d economies are falling for the second consecutive year in 2024, but their share of global coal shipments has been falling for longer In 2009, the last time the volumes were this low, these economies were the destination of 57% of global c
al shipments compared to only 30% today
“The volume loss so far in 2024 is equivalent to a 0.5% decrease in global dry bulk cargo, primarily affecting the capesize market. Despite this,
global coal shipments have still risen, supported by strong shipments to emerging economies,” says Gouveia.
Looking ahead, both thermal and coking coal imports in advanced economies are expected to continue falling due to decarbonisation. Investment in electricity generation from renewables, and in recycled steel production,isexpectedtoincrease
“Import demand in emerging economies could also weaken soon. Both electricity generation from renewables and domestic mining in importing countries are on the rise. As decarbonisation efforts increase, global coal shipments are forecast to fall 1-2% in 2025,” says Gouveia.
CBIC Chairman inaugurates GST & Customs Pavilion with the theme “Facilitating Trade, Fostering Economy” at the 43rd India International Trade Fair in New Delhi
NEW DELI: Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC) along with Members of the CBIC Board inaugurated the GST & Customs Pavilion at the India International Trade Fair (IITF) 2024, in New Delhi. The theme of the GST & Customs Pavilion is "Facilitating
commitment to support trade and boost the economy
This pavilion aims to provide a platform for taxpayers to learn about GST and Customs processes, resolve grievancesandgaininsightsintocareer opportunities in the Customs and GST Department. The pavilion features six helpdesks with onsite availability of experts on GST, Customs, GST Network, and ICEGATE, to ensure that the visitors get comprehensive guidanceontheseissues
Some of the key features of the pavilion include:
• Educational Videos: Six videos on GST and Customs processes have been released to enhance taxpayer awareness Most importantly, the tutorial videos have been released in 10 regional languages, besides from Hindi and English.
•Helpdesks: Six helpdesks are available to address taxpayer queries and provide guidance on rules and processes Taxpayers can visit the pavilion to resolve their queries and doubt on the spot.
•Career Guidance: A special counter is set up to guide youth about career opportunities in the Customs and GST Department.
•Digital Displays: The pavilion showcases achievements and initiatives of the GST and Customs department through interactive digital displays.
•To engage and entertain the visitors, the Pavilion will also spread
awareness through Nukkad Natak, Magic Show, Puppet Show, QUIZ, Caricature Artist and informative brochures on GST and Customs, and other activities to attract children. In a first, CBIC introduced Red Panda as official mascot to represent the GST & Customs at the India International Trade Fair 2024 The Red Panda embodies the values of duty, precision, and trust Red Panda’s dual nature, gentle yet strong, reflects the mission of the CBIC to balance delicacy with strength, and ensure the free flow of trade while maintaining vigilant oversight.
CBIC appoints 2 New Board Members
NEW DELHI : The Appointments Committee of the Cabinet (ACC) has appointed two Members to the Central Board of Indirect Taxes and Customs (CBIC). The appointment of one member will be effective from 01.12.2024 while the other one from 01 01 2025 The names of these members are as follows.
charge w.e.f. 01.12.2024
• Mohan Kumar Singh (IRS C&IT: 1989), Principal DG, Directorate of Revenue Intelligence. He will take
• Yogendra Garg (IRS C&IT:1990), Principal Director General, Directorate General of System & Data Management. He will take charge w.e.f. 01.01.2025.
Andhra Pradesh eyes Global tie-ups to develop ports
HYDERABAD: The Andhra Pradesh State Government is actively seeking international partnerships to speed up port-led infrastructure growth, aiming to generate extensive employment opportunities and help achieve its ambitious goal of becoming a $2 trillion economy by 2047.
This strategy is part of the State’s vision to establish itself as a worldc l a s s m a r i t i m e h u b b y 2 0 3 0 , emphasising sustainable economic and coastal development.
A t t h e 2 9 t h E c o n o m i c Development Cooperation Fund
c o n f e r e n c e , h e l d i n S e o u l recently by the Export-Import
B a n k o f K o r e a ( K E X I M ) , Andhra Pradesh Infrastructure
a n d I
S
presented this bold vision Invited by KEXIM, Suresh Kumar is on a five-day tour in South Korea to discuss potential collaborations.
His agenda includes meetings with senior officials from Korea’s shipbuilding industry, exploring partnerships for establishing shipbuilding and repair facilities in Andhra Pradesh. Meetings with leaders from Busan Port Authority, Hanjin Industries, and Hyundai Industries also underscore efforts to showcase AP’s maritime sector potential.
“Our goal is to create world-class infrastructure and attract both global and domestic investments, making the State a prime industrial hub in India by 2030,” said Suresh Kumar
development through strategic policies and efficient governance, adding that a robust maritime industry could position Andhra Pradesh as a leader in India’s maritime sector
Currently, AP has one major port in Visakhapatnam and five smaller ports, which collectively handled 198 million tonnes of cargo in 2023. With four new non-major ports at Ramayapatnam, Machilipatnam, Kakinada (Gateway), and Mulapet expected to be operational by 2025-26 representing a combined
,
crore the State’s cargo handling capacity will increase by 110 million tonnes.
SHIPPING MOVEMENTS AT GUJARAT PORTS
TODAY’S TIDE 18/11/2024
Time Height Time
Hr. Min. Metres Hr. Min. Metres 03:38
Cargo Steamer's Agent's ETD Jetty Name Name
CJ-I Propel Fortune Cross Trade 20/11
CJ-II ST Andrew B S Shipping 23/11
CJ-III Eleen Sofia ACT Infraport 22/11
CJ-IV Iki Krishna Shpg. 21/11
CJ-V Ability
CJ-VI Bahiri Munira
CJ-VII Unity Explorer Genesis 20/11
CJ-VIII VACANT
CJ-IX New Harve Dariya Shipping 22/11
CJ-X SJ Busan Anline Shpg. 19/11
CJ-XI VACANT
CJ-XII SCI Chennai J M Baxi 19/11
CJ-XIII Thor Niramit Mihir & Co. 20/11
CJ-XIV Akij Moon Chowgule Bros. 23/11
CJ-XV Fareast Harmony Port & Sea Expert 24/11
CJ-XVA Wooyang Hermes Chowgule Bros. 22/11
CJ-XVI Clipper Brunello B S Shipping 21/11
TUNA VESSEL'S NAME AGENT'S NAME ETD Liberator Arnav Shpg. 20/11 Kiran Caspian Dariya Shipping 20/11
Stream Mars J DBC Sudan 33,450 T. Sugar Bags 18/11 MO Joud DBC
Stream Mohsen Ilyas Seacoast
Stream Obe Heart ACT Infraport
Bags 19/11 Pan Spirit Cross Trade
Stream Ruby Confidence B S Shipping
Stream Sai Fortune Sai Shipping
Stream Sofia K B S Shipping
CJ-II ST Andrew B S Shipping Mombasa
Stream Suvari Kaptan DBC
Stream Victoria May Chowgule Bros.
Stream White Fin Interocean
CJ-XVA Wooyang Hermes Chowgule Bros.
VESSELS IN PORT & DUE FOR IMPORT DISCHARGE
GENERAL CARGO VESSELS
LIQUID CARGO VESSELS
Stream Champion Concept Interocean
Stream Hegagon Alpha Marinelinks
VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT
DP WORLD MUNDRA
TO LOAD FOR WEST ASIA GULF PORT
22/11-AM Maersk Cape Town 447S 4114109 Maersk Line Maersk India Port Casina, Mombasa (MAWINGU)
24/11 24/11-AM Maersk Brownsville 447W 4117227 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)
FOR FAR EAST JAPAN, CHINESE PORTS & AUSTRALIAN PORTS
In Port —/— Northern Guard 927E 4104021 Heung A / WHL Sinokor (I) / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 19/11 17/11 16/11-PM X-Press Carina 24046E 4114097 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 18/11 Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 19/11 19/11-AM Inter Sydney 167 4104162 Interworld Efficient Marine China (BMM) 20/11 24/11 24/11-AM Melbourne Bridge 2407 4114232 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC)
TBA Asyad Line Seabridge Marine Haiphong, Laem Chaban, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT 20/11 19/11-PM Wadi Duka 2423 4104059 Asyad Line Seabridge Marine Karachi (REX)
CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE
In Port Northern Guard (V-927E) 4104021 Unifeeder Ag Nhava Sheva In Port Cap San Lazaro (V-446W) 4103912 Maersk India Jebel Ali 20/11 Inter Sydney (V-167) 4104162 Efficient Marine Nhava Sheva
CB-1 Cap San LAzaro (V-446W) Maersk India 19/11 CB-2 Northern Guard (V-927E) Unifeeder Ag 19/11
Abrao Cochin (V-22) Sohar 15-11-2024 Maersk Cairo (V-446S) Salalah 15-11-2024 Wan Hai 316 (V-221W) Nhava Sheva 16-11-2024
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
25/11-AM TS Keelung 24005E 2404104 One/X-Press Feeder OneIndia / SC-SPL Port Kelang, HongKong, Shanghai, Ningbo, Shekou. (CWX) 16/11 KMTC /TS Line KMTC India/TS Line (I) Port Kelang, Hongkong, Sanghai, Ningbo. (CWX)
27/11 26/11-PM Ever Elite 170E 2404105 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 28/11 Evergreen/KMTCEvergreen/KMTC (FIVE)
30/11 30/11-PM Seattle Bridge 0093E 2403901 Evergreen/ONE Evergreen Shpg/ONE Port Kelang, Tanjin Pelepas, Singapore, Xingang, Qingdao, Ningbo 01/12 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC) TBA Wan Hai Line Wan Hai Lines Port Kleang (W), Hong Kong, Qingdao, Kwangyang, Pusan, COSCO/Evergreen COSCO / Evergreen Ningbo, Shekou, Singapore, Shanghai (PMX) TO
ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)
TO LOAD FOR U.K. NORTH, MED., BLACK SEA, RED SEA, EAST EUROPE & CIS PORTS In Port —/— MSC Emanuela IS445A 2404141 MSC/SCI MSC Ag / J.M.Baxi Gioia Tauro, Feixstowe, Hamburg, Antwerp & Other Inland Destn.(HIMEXP) 19/11 18/11 18/11-AM Conti Courage IP446A 2404149 MSC/COSCO MSC Ag / COSCO Shpg. Gioia Tauro,Tangier,Southamton,Rotterdam,Antwerp, Felixstowe. Dunkirk, Le Havre 19/11 CMA CGM CMA CGM Ag.(I) & Other Inland Destination in Europe, Med,Red Sea, Black Sea Adriatic Ports (EUROPE) 24/11 24/11-AM MSC Diamond II IV447A 2404010 MSC MSC Agency Barcelona, Valencia (INDUSA) 25/11 26/11 26/11-AM Jolly Verde 419 2404176
20/11-AM MSC Roberta V JU446R 2404143 MSC
Sohar, Jebel Ali, Abu Dhabi, Dammam, Umm Qasr (UGEXP)
21/11 20/11-PM Al Rawdah 6 2404212 Safeen Feeders Samsara Shpg. Khalifa, Jebel Ali, Bahrain, Dammam, Jubair (UIG) 22/11 Yang Ming Line Yang Ming Line
TO LOAD FOR EAST, SOUTH & WEST AFRICAN PORTS
In Port —/— MSC Emanuela IS445A
Nucal,Quelimane,Pemba, Majunga (HIMEXP) 25/11 20/11 20/11-AM MSC Mattina OM443R 2404179 MSC MSC Agency Dar Es Salaam, Mombasa
PIPAVAV PORT
27/11 27/11-0300 Maersk Atlanta 446W 24377 Maersk Line Maersk India Algeciras
30/11 29/11-1800 Maersk Columbus 447W
TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND PACIFIC ISLANDS
In Port —/— One Competence 092E 24369 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 18/11 24/11
24/11-0001 One Hangzhou Bay 057E 24378 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 25/11 29/11
28/11-0800 MOL Creation 094E 29/11 20/11 20/11-1400 Xin Ya Zhou 165E 24360 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 21/11 Nansha, Port Kelang (CI1)
Car.CB-4 Artam (V-1337W)(Sailed) HDASCO Armita India Gulf 2392815 14/11 25/11 Asterios (V-2404W) Folk Maritime Seastar Global Gulf
CB-5 AP Holland (V-OMSKBW1) CMA CGM/Maersk Line CMA CGM Ag.(I)/Maersk India Africa
Car.CB-4 CMA CGM Mombasa (V-OMTITW1)(Sailed) Maersk Line/CMA CGM Maersk India/CMA CGM Ag.(I) Africa 15/11 06/12 Dubai Tower (V-24005R) X-Press Feeder/MSC Sea Consortium/MSC Ag Red Sea
Car.CB-5 GSL Tinos (V-445W)(Sailed) Maersk Line Maersk India Mediterranean 17/11
Car.CB-4 Inter Sydney (V-0167)(Sailed) Interworld Efficient Marine Gulf 2393226 18/11 20/11
Maersk Boston (V-447W) Maersk Line Maersk India U.K. Cont. 21/11 24/11 Melbourne Bridge (V-2407E)(NSIGT) Global Fdr/TS Lines Sima Marine/TS Lines (I) Far East 25/11 29/11 Zhong Gu Hang Zhou (V-24004E) Sinokor/Heung A Line Sinokor India 30/11
Car.CB-5 Maersk Cape Town (V-447S)(Sailed) Maersk Line Maersk India Africa 18/11
Car.CB-5 MSC Bremen (V-IV446A)(Sailed) MSC MSC Ag U.S.A. 2393094 16/11
Car.CB-4 Oceana (V-931W)(Sailed) Unifeeder/One Unifeeder/One India Gulf
25/11 SOL Prime (V-5406W) BLPL Transword GLS Jebel Ali
CB-4 Sheng Li Ji (V-SENO824W) Akkon Oasis Shipping Europe/Med. 18/11 25/11 Seattle Bridge (V-093E)(NSIGT) Unifeeder/KMTC Unifeeder/KMTC(I) Far East & 26/11 25/11 Ever Sigma (V-130E) Hapag/Evergreen ISS Shipping/Evergreen Shpg. Colombo 26/11 ONE/TS Lines ONE (I)/TS Lines(I) 18/11 Wadi Dukka (V-2406W) Folk Maritime/Asyad Seastar Global/Seabridge Jeddah 19/11 18/11 Wan Hai 316 (V-221E) Wan Hai/Unifeeder Wan Hai Lines (I)/Unifeeder Jebel Ali
Car.BMCT-1 SM Neyyar (V-0445W)(Sailed) Maersk/Safeen Feeders Maersk India/Sima
(V-022W)
(V-OINIW1)
CONCOR : Inauguration of North India’s 1st LNG Station & Flagging Off of 1st LNG Powered Truck at MMLP Khatuwas
NEW DELHI:
Shri Ravinder
Goyal-Member
O p e r a t i o n s & B u s i n e s s
D e v e l o p m e n t ( M o B D ) , Railway Board, Govt of India, inaugurated state-ofthe-art LNG station and flagged off 1st LNG powered road trailer with container at C O N C O R’ s M u l t i m o d a l
L ogistics Park (MMLP) located on Western DFC at Khatuwas (Rajasthan) on 14th November 2024, in presence of Shri Sanjay Swarup, CMD/CONCOR and other senior officers of Indian
Railways and CONCOR. M o B D a l s o p l a n t e d a sapling at MMLP Khatuwas to mark this event.
E c o - F r i e n d l y & Sustainable: LNG reduces C O ₂ , S O x , N O x , a n d particulate matter while being 30% quieter than diesel, supporting green logistics and ESG goals CONCOR has taken this initiative to provide 1st / L a s t M i l e s e r v i c e
customers using ecofriendly fuel.
This LNG Station has been setup in collaboration with IOCL, informs a CONCOR Communique.
HMM Profits soar in Q3 amid strong market dynamics
H M M h a s witnessed its Profits soared i n Q 3 a m i d s t r o n g m a r k e t dynamics, informs a recent communique from HMM.
Key Highlights -
▶ The revenue for Q3 KRW 3,552 billion, with a net profit of KRW 1,739 billion and an operating profit of KRW 1,461 billion.
▶ For the cumulative period from Q1 to Q3, revenue reached KRW 8,545 billion, net profit of 2,884 billion, and operating profit of KRW 2,513 billion.
▶ The Q3 operating margin is 41 1%, as the most advanced level among global carriers.
▶ The Shanghai Containerized Freight Index(SCFI) increased from 986 points in Q3 2023 to 3,082 points in Q3 2024, more than tripling over the year
Hapag-Lloyd
Profit growth and enhanced c
achieved through launching and operating new service routes and a strengthened focus on profitability-driven sales.
Outlook & Plans
• (Container Division) Q4 market outlook is weak due to the off-peak season, although U S port strikes m a y c a u s e s u p p l y uncertainty Starting in February 2025, the ‘Premier Alliance + MSC’ partnership will optimize our transport network and boost revenue.
• (Bulk Division)Despite the winter peak, demand uncertainty and economic risks remain HMM is focused on maximizing profitability through longterm contract extensions and new agreements.
CEO expects shipping strength to continue
HAMBURG: Hapag-Lloyd’s CEO recently said that he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy
The volume of twenty-foot equivalent (TEU) containers moved by its 292 ships rose to 9.3 million metric tons in the nine months from January to September, up 5% from 8.9 million in the same period a year ago, the German company said.
“I don’t see much of a change there in the fourth quarter,” Hapag-Lloyd CEO Habben Jansen told Reuters after presenting nine-month earnings for the world’s fifth largest container shipping group.
Global container volumes have risen by 6.3% year-todate, marking the highest growth rate since 2021, Hapag-Lloyd said in presentation slides for an analyst call on its results.
However, increasing costs, as commercial shipping diverts around Africa to avoid disruption in the Suez Canal amid attacks by Houthi militants,
contributed to a 47% fall in Hapag-Lloyd’s net profit for the period, outstripping freight rate rises.
Hapag-Lloyd achieved average freight rates over t h e n i n e m o n t h s o f $1,467/TEU, which was 9% down year-on-year.
“For the time being, there is no end in sight,” Habben Jansen said of the Suez crisis.
That has left prospects for Hapag-Lloyd’s full-year earnings near 2023 levels, although forecasts were hiked last month.
Commenting on Donald Trump’s U.S. presidential election win, Habben Jansen said that positive macroeconomic impulses could be countered by the damaging effects of tariffs.
President-elect Trump made import tariffs a key pillar of his campaign to get back into the White House.
