MUM-20-04-2023

CMA CGM Group in exclusive negotiations to acquire the logistics activities of Bolloré Group

MARSEILLE: The CMA CGM Group announced today that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through BolloréLogistics.

Thenegotiationsareinlinewiththe CMA CGM Group's long-term strategy, based on the two pillars of shipping and logistics. The Group’s strategy istoofferend-to-endsolutionsinsupportofitscustomer’s supplychainneeds.

If a deal is reached, the acquisition would further strengthentheCMACGMGrouplogisticsactivities.

Container Terminal Operator’s margin pressure to ease : Drewry

LONDON: Container terminal operator earnings have declined as slowing trade and escalating costs have brought margins under pressure. But an improving economic outlook and falling energy costs are expected to provide some reprieve through the second halfoftheyear. Cont’d. Pg. 15

HMM to conduct field tests of onboard carbon capture system for Containership

SEOUL: HMM announced that it plans to conduct field tests of an onboard carbon capture system(OCCS) for containerships along with SHI(Samsung Heavy Industries) andPANASIAinthesecondhalfofthisyear.

OCCS is an advanced technology to capture CO2 from greenhousegasemissionsgeneratedduringvesseloperation, ensuring it is not emitted into the atmosphere. This solution has the potential to play a significant role in reducing CO2 emissions. HMM has performed a feasibility study with PANASIA on OCCS for its MPV(Multi-purpose vessel) since both companies signed a Memorandum of Understanding(MoU)lastSeptember.

The study revealed that OCCS could be installed without changing the existing equipment of the ship and does not

hinder the stability of vessel operation. The collected carbon becomes liquefied in a pressurized tank and can be used for manufacturingdryiceorsmartfarmonland.

Based on these findings, HMM will fit OCCS in its containership for an operational test with SHI and PANASIA laterthisyear.HMMwilltakechargeoftheoperationofOCCS, whiletheotherswillprovideengineeringsupport.

In addition, HMM decided to replace the propellers of six containerships with more efficient ones specially designed for slow steaming. The replacement process will start in 2024, andHMMexpectstoincreaseenergyefficiencyby8-9%.

An HMM official said, “We will continue its efforts on a pathway to carbon neutrality by 2050 based on collaborative workwithvariousindustrialplayers”.

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. As

ZIM INTEGRATED SHIPPING SERVICES

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

FOR U.K., NORTH

(EPIC / IPAK)

SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

Helsingborg, Gothenburg & Red Sea,

Mediterranean, Gioia Tauro (D).

SCI CMT Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre

COSCO COSCO Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports.

Indial Indial Shpg. U.K., 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.

North Continent, Red

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

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

TO LOAD FOR BLACK SEA, EAST EUROPE & C.I.S PORTS from NSFT / NSICT

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

FOR USA, CANADA,

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

LMR Logistic Ser. Jebel Ali, Bandar Abbas.

Dronagiri

QNL/Milaha PoseidonShpg. Jebel Ali, Bandar Abbas. Speedy CFS

Cordelia Cordelia Cont. Jebel Ali, Sharjah, Abu Dhabi, Ajman, Dammam,Jubail, Hamad, Baharin, Shuaiba, Shuwaikh, Sohar, Umm Qasr

Alligator Shpg. Aiyer Shpg. Jebel Ali.

BSS Bhavani Shpg. Jebel Ali, Doha, Kuwait, Bahrain, Bandar Abbas. Ashte CFS

Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports.

Bay Line Freight Conn. Port Sudan & Al Sokhna

ICC Line Neptune UAE & Upper Gulf Ports.

Ceekay Parekh Gulf Ports.

Team Leader Team Leader Dubai, Jebel Ali

Team Lines Team Global Log. Gulf Ports.

Lubeck Giga Shpg. Bandar Abbas, Chabahar

Interworld Efficient Marine Bandar Abbas, Chabahar

Alligator Shpg. Aiyer Shpg. Bandar Abbas, Chabahar.

From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

GDL & DRT

COASTAL SERVICE MOVEMENT

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

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

TO LOAD FOR

EAST, CHINA & JAPAN PORTS from NSICT

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

KMTC (I)

Lines TS Lines (I)

Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3

Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2

29/0530/05 TBATBA Wide Alpha 236E

CISC Service

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

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

BSS Bhavani Shpg. Port Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS 22/0425/04

Cordelia Cont. Port Kelang, Far East & China Ports Blue Water Poseidon Shpg.

Ningbo, Qingdao. Speedy CFS

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

PORTS from GTI

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

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

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 UK, NORTH CONT, SCAN, BLACK SEA, EAST EUROPE &

TO

FOR MED / RED SEA & WEST ASIA GULF

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

NOTICE TO CONSIGNEES m.v “KMTC SEOUL”

The above vessel is arriving at NHAVA SHEVA (BMCT) on 22-04-2023 with import cargoes from ports QINGDAO also transshipment cargo of following Ex. Mother vessels:

Item No. and Bills of lading Nos. are as mentioned below :

Container Terminal Operator’s margin pressure to ease : Drewry

Cont’d. from Pg. 2

Widespread easing of port congestion reduced average container dwell times at terminals and led to a correspondingfallinstoragerevenues in 4Q22, according to the latest readings from Drewry’s Global Container Terminal Revenue Index which is published in the Ports and Terminals Insight. In their financial statements,bothAPMTandWestports confirmed that their storage income hasdroppedbackto2020levels.

Meanwhile, costs continued to rise, according to Drewry’s Global Container Terminal Cost Index, due to continuing inflationary pressure particularly from escalating labour and energy costs. This together with softening revenues put pressure on operator margins, sending Drewry’s Global Container Terminal Earnings Index down 19% YoY and 21% QoQ in thefinalquarteroflastyear.

The index measures quarterly changes in industry earnings per teu, based on the financial results of

selected global terminal operators. A similar approach is used to measure indexed trends in terminal operator revenue and operating costs and all three indexes are updated quarterly in Drewry’s Ports and Terminals Insight.

Looking ahead, while weakening container traffic will depress total revenues, the impact on per unit revenues will be partially offset by inflation-linked annual tariff increases. Additionally, if carriers continue to use blank sailings to manage trade-lane capacity then average terminal dwell times could settle at a level above pre-pandemic norms which would see some of the storagerevenuegainsmaintained.

On the cost side, we expect personnel costs, which are partially inelastic and typically account for the highest proportion of unit operating costs, to increase with the rise in annual salaries. Drewry’s analysis of recent pay deals underpins our previous expectation that global

averagedockworkers’wageswillrise by6-9%in2023.

Meanwhile, fuel and energy costs are expected to fall over the course of the year and lower volumes will lead to further easing of port and landside congestion which will provide some efficiencygains.However,thesegains could be reversed if terminal utilisationlevelsfalltoolow.

In summary, annual tariff increases are expected to have helped offset the loss of storage revenues in 1H23, but higher manpower costs will keep margins under pressure and falling cargo demandcouldleadtodiseconomiesof scale. The expected easing in energy and fuel costs plus recovery in volumes is expected to relieve the pressureonmarginsin2H23.

Hence, despite economic headwinds, Drewry expects container terminal operator earnings to recover through the course of the year on reduced cost pressures and inflation-linkedrevenueprotection.

Container spot rates on a ‘likely recovery path’: HSBC

LONDON : Spot container freight rates have stabilised and HSBC Global Research notes signals a recovery in its latest report. In its Global Freight Monitor, HSBC noted with surprise that the Shanghai Containerized Freight Index (SCFI) has climbed 8% week-on-week and was up 14% from the recent trough. The SCFI is still down 7% on thestartof2023.

It does though seem to mark a turnaround from a more than yearlong plunge in container spot rates that has seen rates lose 84% from the record high of $10,377 per FEU in September2021reportedbyDrewry’s WorldContainerIndex(WCI).

Last Thursday,13th April the WCI remained largely flat at

$1,709perFEU.

HSBC commented, “In fact, we have noticed that the decline in market freight rates has been tapering since December as they have already come close to market breakeven levels. We expect market spot rates to stabilise at current levels in the coming months and gain support from a sequential improvement in volumes in 2H23.”

The report noted that the Clarksons Time Charter Index for containerships had also recovered by 13% from its mid-February low, another sign that spot rates were not just stabalising but on a “likely recoverypath”.

In another positive sign Chinese exports also rose 15% year-on-year in

March reversing five consecutive monthsofdecline.

The continued threat of labour disruptions at US West Coast ports of Los Angeles and Long Beach as negotiations with unions dragging on this could also benefit container lines intheirnegotiationsoncontractrates HSBCbelieves.

“We argue that this will likely further encourage beneficial cargo owners to sign contracts above spot rates to ensure service reliability.”

However, looking further out HSBC sees potential downside risks in 2024 with the dissolution of the 2MAlliance,officiallyfromthestartof 2025, which could result in intensifyingcompetitionintherunup.

Gem, jewellery exports up 3% in FY23 despite dull demand

MUMBAI: Gem and jewellery exportincreased2percentintheyear ended March to Rs. 3 lakh crore against Rs. 2.93 lakh crore logged in thesameperiodlastyearastheglobal economic recessionary trend hit the demand. In dollar terms, it was down 5 per cent to $37 billion against $39 billionforthesameperiodlastyear.

Vipul Shah, Chairman, Gem and Jewellery Export Promotion Council, said despite inflation in the US, the Russia-Ukraine war and the

lockdown in China for almost six months, the industry has managed to putupacommendableperformance.

Timely implementation of the India-UAE Comprehensive Economic Partnership Agreement by the Ministry of Commerce and Industry, has resulted in 17 per cent growth in exports of plain gold jewellery in 2022-23. India’s major export markets remained US, HongKongandUAE,hesaid.

The overall cut and polished

diamondsexportsdipped3percentto Rs.1.77lakhcrore($22billion)against Rs.1.82lakhcrore($24billion).

Global challenges affected the demand for diamonds in US and China, but certain regions in Europe and South-East Asia fared well. India encountered difficulties due to inconsistent Russian rough diamond supply and challenges with Namibia, Botswana and Angola preferring to cut and polish their rough diamonds intheirowncountries,saidShah.

Cont’d. from Pg. 14

m.v “KMTC SEOUL” V-2303 I.G.M. No. 2341261 Dtd. 19.04.2023

The above vessel is arriving at NHAVA SHEVA (BMCT) on 22-04-2023 with import cargoes from ports QINGDAO also transshipment cargo of following Ex. Mother vessels:

and Bills of lading Nos. are as mentioned below :

Consignees are requested to present Original Bills of Lading duly discharged and obtain Delivery Order on payment of all charges as applicable. Detention charges where applicable will be charged as per tariff.

Our Surveyors are M/s. Pinnacle Marine Surveyors Pvt Ltd. Usual Survey conditions shall apply.

Consignees are also requested to note that the carriers and/or their Agents are not bound to send individual notifications regarding arrival of the vessel or the goods.

Note : For IGM & ITEM nos. Vessel arrival inquiry, destination charges tariff please visit our site : www.ekmtc.com For KOREA MARINE TRANSPORT CO. LTD.

As Agents :

Nitin Gadkari calls for active support from States for transformation of Road Transport sector

NEW DELHI: A meeting of Transport Ministers of States and Union Territories (UTs) was chaired by Union MinisterofRoadTransport&HighwaysShriNitinGadkari in New Delhi. The meeting saw participation from Ministers for Transport from 15 States and Union Territories (UTs) including Andhra Pradesh, Delhi, Goa, Haryana, Kerala, Manipur, Mizoram, Punjab, Puducherry, Rajasthan, Sikkim, Tripura, Tamil Nadu Uttar Pradesh, and Uttarakhand. Secretary (RT&H), Senior Officers from Ministry of Road Transport & Highways (MoRTH), NHAI and Principal Secretary/ Secretary (Transport) & Transport Commissioners from all States and UTs also attendedthemeeting.

ShriNitinGadkaridiscussedindetailthevariousinitiatives taken by MoRTH and requested active support from the State andUTauthoritiesfortheireffectiveimplementation.

33 systems of 7 Ministries have Unified Logistics Interface Platform

NEWDELHI:TheUnifiedLogisticsInterfacePlatform (ULIP), launched under the national logistics policy, has been integrated with 33 systems of seven Ministries, said Abhishek Chaudhary, Vice President, National Industrial CorridorDevelopmentCorporation.

ULIPenablestrackingof allcargo containersexported orimportedindomesticorinternationalwaters.

"So far, 76 companies have signed non-disclosure agreements (NDAs) with ULIP for getting access to data sets. 15 more companies are likely to join soon. Over the last six years, 57 million cargo containers have been tracked. Major industry players like Maruti Suzuki, DHL, Ultratech, TCIL, Tata Steel, and Bosch have been onboardedonULIP,"Choudharysaidrecently.

Thirty-three systems from seven ministries are integrated through more than 106 APIs covering more than 1,600 data fields for usage by the stakeholders, Chaudharytoldreportershere.

ULIP has a dedicated portal that makes the process of data requests simpler, faster and transparent. A support team works round-the-clock to provide support to the industry players for registration on the portal, an official statementsaid.

After the registration, users need to submit their use cases, which will then be reviewed based on the proposed usage of the requested data, and after the successful review,usersrequestingdatawillhavetosignanNDA,the statementsaid.

Rice exports cross record $11 bn in FY23

NEW DELHI: India’s rice exports have crossed a record $11 billion in 2022-23, an increase of 16% from FY22. The volume of shipment, however, remained around the samelevelaslastyearat21milliontonne(MT).

Officials attribute the spike in rice exports to factors such as robust global demand, especially from West Asian countries, Africa and Europe, and flood that hit a large chunkofpaddycropinPakistan,amajorgrainexporter.

InFY22,India,whichhasanaround45%shareinglobal rice trade, exported more than 21 MT of rice valued at $9.6 billion.

The increased realisation in rice exports has been achieved despite India last year banning broken rice shipmentandtheimpositionofexportstaxof20%onwhite rice.

According to preliminary estimates, India has shipped $11.14billionofrice,whichincludesbasmati($5billion)and non-basmati($6.14billion)duringFY23.

In terms of volume, the country has exported 4.9 MT of aromatic and long grain basmati and 16.1 MT of

non-basmatirice.

Indiaannuallyexports4.5-5MTofbasmatiriceandhas an80%shareintheglobaltradeofaromaticrice.

Indiahasbeentheworld’slargestexporterofricesince 2012.Currently,Indiaexportsmorericethanthecombined shipments of the next three largest exporters – Thailand, VietnamandPakistan.

“Competitive pricing have ensured a surge in rice exports in the last fiscal and adherence to quality parameters has resulted in a significant demand for Indian rice with the grain being shipped to more than 75 countries,” M Angamuthu, Chairman, Agricultural and Processed Food Products Development Authority, said.

In terms of volume, Bangladesh, China, Benin, Nepal and Iran are five major export destinations for rice. Geographical Indication (GI) tagged basmati rice is a premium variety cultivated in the Himalayan foothills, mostly in Punjab, Haryana, western Uttar Pradesh and Jammu&Kashmir.

Russia says fertilizer exports to India in 2022 rose over 3-fold compared to 2021

NEW DELHI: Russia has said that fertilizer exports to Indiasince2021haveincreasedbymorethanthree-fold.

“Russia actively supplies mineral fertilizers to India: in 2022, the supply of all types of fertilizers increased by 3.4 times in physical terms compared to 2021,” Trade Minister and Deputy Prime Minister Denis Manturov told reporters at the India-RussiaBusinessDialogueinNewDelhi.

Russia mainly supplied complex mineral, nitrogen, and potash fertilizers, Manturov noted, saying Moscow expects the positive dynamics of mineral fertilizer supplies to its partners from India to continue in 2023. Manturov further said Russia’s productionoffertilizersexceedstheconsumptionvolumeofthe domestic market by 2.5 times, meaning there are enough resourcestoexpandthevolumeofsuppliesabroad.

m.v.

“MSC MEXICO

V” V- IV315A I.G.M. No. 2341145 Dt. 18-04-2023 Exch. Rate 84.91

The above vessel has arrived on 19-04-2023 at NHAVA SHEVA (NSIGT) with import cargo to NHAVA SHEVA from ABIDJAN, TEMA, CONAKRY, WALVIS BAY, ONNE, TINCAN/LAGOS, AD DAMMAM, DAKAR, LOME, HOUSTON, CAPE TOWN, DURBAN, 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 :

MSC AGENCY (INDIA) PRIVATE

NHAVA SHEVA

5G Technology to boost Logistics Sector

NEW DELHI: In October, the next generation of broadband standard, 5G, was launched in India. By December, 5G was available in 50 cities. It is touted to play an active role in India’s digital transformation journey, particularly across certain sectors such as logistics.

Prasad Sreeram, CEO & Co-Founder, COGOS, a tech services provider for transporters, expressed confidence that it would vastly improve productivity in logistics. “Technology-enabled logistics companies use telematicsandIoTdevices,andwearesurethat5Gwill help them enhance output. 5G enables a new level of connectivitywithfasterspeedsandlowerlatencywithin transportation technology, improving the delivery of data from sensors to dispatch and operations and, ultimately, back to the driver, resulting in productivity andperformanceimprovements,”hesaid.

If companies start using 5G tech, it would vastly benefit customers by giving them a more personalised experience.

It can play an instrumental role in curating videoimmersive experiences for customers and partners, said Pranav Goel, CEO & Co-Founder of logistics firm Porter. “It will also aid in extensive customer support through video agents along with vehicle inspection and improved user interaction across segments,includingthepackersandmovers.”

Goelalsomentionedthataboostedvideoexperience can be used to onboard and train partners and enable fasterfleetmanagement.

With the influx of 5G, the sector can witness infrastructural growth on a large scale such as improved smart warehouses and fully automated

transportationsystemsandinventorymanagement.

Apartfromthis,5Gisalsolikelytoreducecostsinthe logisticssector.

Sreeram explained that 5G in supply chain operationscanhelpcompaniesoptimiseroutestoavoid inefficiencies. With an improved network connectivity, fleet owners can realise “enhanced vehicle location tracking and situation-rich, context-rich road condition analysis” using high-resolution GIS mapping and GPS features.

“Lack of connectivity leads to increased resource deploymentinruralareas,whichcannowbedecreased. That resource can be deployed elsewhere. Better connectivity will also lead to better tracking, less misplacement of goods, which also will save cost,” hesaid.

It would be a boon in rural areas where challenges around lost signals and insufficient coverage have plagued the industry. These issues lead to revenue leakage and create bottlenecks for re-establishing inventory checks, said the CEO of COGOS. “Firstly, weak coverage for monitoring and tracking will be tackled as the sector is rapidly expanding in tier- 2 & -3 cities. With the lower frequency band providingwidercoverageinsuburbanandruralareas, and the higher frequency band providing better coverage in high-density urban areas, the logistics andsupplychainindustrywillfinallybeabletoprovide end-to-endcontinuouscoverage,”hesaid.

However, there are some limitations here too. Deploying heavy technology in such areas can be difficult because of complicated geographies and extremelyweaknetworks.

World's 2nd Pure Battery Tanker "AKARI" Enters Service; Contributing to Expansion of Zero Emission Bunkering

TOKYO: Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) and Asahi Tanker Co., Ltd. (Asahi Tanker; President: Shigekazu Haruyama; Headquarters: Chiyoda-ku, Tokyo) has announced that the AKARI, the world's second pure battery tanker, owned and operated by Asahi Tanker, she completed her historic first bunkering operation in Kawasaki on April 14, supplying the MOL-operated iron ore career UNTA.ShewasdeliveredonMarch28,thensailedfrom shipyardtoTokyoBaytoenterservices.

The AKARI will conduct zero emission bunkering in

the Keihin region along with the first pure battery tanker,theASAHI,whichwasdeliveredinMarch2022.

Large-capacity lithium-ion batteries on the ASAHI and AKARI power every phase of their operations, including cargo handling, berthing/unberthing, and navigation. This results in zero emissions of greenhousegases(GHGs)fromthevessel.Thetankers deliver outstanding environmental performance, and are expected to reduce crewmembers' workloads by reducingenginemaintenancerequirements.

MOL and Asahi Tanker will continue bunkering using electric powered tankers to help reduce GHG emissions.

Pure battery tankerAKARI

SHIPPING MOVEMENTS AT DEENDAYAL PORT

TODAY’S

TIDE 20/04/2023

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

LIQUID CARGO VESSELS

I.G.M. Nos. filed at Kandla Customs

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)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

(AICT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

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

CONTAINER

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

ASIA GULF, RED SEA & EAST AFRICAN PORTS

OTHER PORTS OF GUJARAT

IMPORTER'S GUIDE

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

I.G.M. FILED AT JAWAHAR CUSTOMS FOR NSFT/NSICT/NSIGT/BMCT/GTI VESSELS

NSICT

D (V-2313E)

Pearl (V-2314E)

NSIGT

BMCT

Lion (V-3315W)

Express

Wan Hai 502 (V-E111) 13-04-2023 Port Kelang

Seaspan Adonis (V-070E) 14-04-2023 Pipavav

BSG Bimini (V-315E) 16-04-2023 Pipavav Clemens Schulte (V-21E) 17-04-2023 Colombo

OOCL Genoa (V-062E) 18-04-2023 Pipavav Xin Yan Tian (V-077W) 19-04-2023 AICT

Cap San Lazaro (V-314W) 15-04-2023 Salallah

Mombasa Express (V-2314S) 15-04-2023 ACMTPL

Najade (V-E034) 15-04-2023 Tuticorin

Ever Ursula (V-186E)

Ningbo (V-2303E)

Colombo (V-0131E)

AMCT

AICT

Hazira

Densa Tiger Shaan Marine 19/20 Heinam 87 Mitsutor

W. E. F. 07-04-2023

FOREIGN EXCHANGE RATES

´´ ´ ´ We are not responsible for any mistake. ALL RATES ARE PROVISIONAL. The rates in this column are only meant for guidance.

Port of Antwerp-Bruges : Geopolitical and macroeconomic context weighs heavy on quarterly figures

Merged port aracve to investors from home and abroad

ANTWERP: The total throughput of Port of Antwerp-Bruges amounted to 68.7 million metric tonnes in the first quarter, a drop of 4.5% compared with the same period last year. This decline is due tothestillcomplexgeopoliticalandmacroeconomiccontext, which has led to a decline in the container segment and significant shifts in cargo flows. To keep responding to these demands, the port is committed to sustainable growth togetherwithnewandexistingpioneers.

Operational challenges at container terminals and congestion have slowly declined since the third quarter of 2022. Economic uncertainty and inflation led to a global slowdown in demand for container shipping and the cancellationofsailings,particularlythosefromtheFarEast. Along with the ongoing conflict in Ukraine, which caused Russia-related traffic in the first three months of 2023 to be two-thirds lower than in the same period last year, this has resulted in a 6.6% drop in container throughput in tonnes and5.7%inTEUs,comparedtothefirstquarterof2022.

Conventional general cargo throughput volumes are in line with the pre-COVID-19 period, but down 19.8% compared to a very strong first quarter in 2022, when a robust post-COVID-19 recovery resulted in high throughput figures.Theslowingeconomyisaccompaniedbyadeclinein steel demand. This caused a 21.9% drop in throughput of steel,bothinincomingandoutgoingflows.

The dry bulk segment is down 7.3%. This is mainly due to the decline in fertilisers, the largest product group within dry bulk. Although the production of these has been increasing since March due to the fall in energy prices, overall throughput of fertilisers was still down 26.4% during the first quarter. In turn, the continued high demand for coal for power generation translated into throughput that was almost three times higher than in the same period last year. Throughputofsandandgravelalsoincreased(+9.3%).

The liquid bulk segment posted growth of 0.5%. Besides an increase in the throughput of LNG (+23.3%), partly as an alternative to natural gas via pipelines from Russia, there was also growth in the throughput of diesel, fuel oil and energy gases. Chemical throughput is picking up compared to the last quarter of 2022, when high energy prices resulted in lower production rates or complete stoppages, but still remains 21.3% below the record of the first quarter of last year.

Roll-on/roll-off traffic is maintaining the status quo, but within the new-car segment there is a resurgence. The first quarter of 2023, saw 904,901 new cars shipped in and out, up 7.2% from 2022. Throughput of all transport equipment has grown by 4.3%, while unaccompanied cargo (excluding containers) is showing a decrease (-2.4%.) The share of these volumes related to the United Kingdom fell by 5.6% in the first quarter, while traffic to and from Ireland increased by14.2%.

Port of Antwerp-Bruges is and remains the largest car port in the world. The terminals have a total area of more than 400 hectares with a parking capacity of 210,000 units.Cars from all major brands in the automotive sector pass through and, for many brands, Port of Antwerp-Bruges istheintercontinentalandEuropeanhub.

In the first 3 months of 2023, Zeebrugge welcomed 29 cruise ships. Efforts to spread cruise tourism throughout theyeararethusdeliveringanewfirst-quarterrecord.

In the first quarter, 4,946 ocean-going vessels called at the port, down 3.7%. The gross tonnage of these vessels fell by3.8%.

Consolidating role as a world port: merged port attractivetoinvestors

Several investments in the first months of 2023 have demonstrated that the port, which merged a year ago, is

attractive to investors from both home and abroad. American pioneer PureCycle, for example, announced the construction of a plastic recycling plant in the NextGen District, a hotspot for the circular economy in the heart of Antwerp's port site, where excavation work will start later this year. In addition, global player Vopak, a Dutch tank storage company, will sustainably redevelop the former Gunvor site in Antwerp. The company will work with Port of Antwerp-Bruges on joint development/fulfilment on the basis of renewable energy, among other things. This marks another important step towards a climate-neutral economy. In order to remain a top-class world port, the port must prioritise efficient infrastructure and additional containercapacity.

The process of modernising and deepening the Europa Terminal, which has now begun, will ensure that the latest generation of mega-ships can continue to call at this location. This trend of using ever larger container ships will become even clearer in the coming weeks as records are successively broken by visits by the MSC Tessa (24,116 TEU), the OCCL Spain (24,188 TEU) and the MSC Loreto (24,346TEU).

Jacques Vandermeiren, CEO Port of Antwerp-Bruges: "These results show that the world port is at the centre of a continuously challenging geopolitical and macroeconomic context. But despite these disappointing figures, the outlook for 2023 remains positive. Falling energy prices, an improving Chinese economy and signs that the liner market is also picking up are reasons to be confident about the future. Moreover, the complementarity of the two port platforms allows us to better respond to shifts in cargo flows."

Annick De Ridder, Port Alderman of the City of Antwerp and Chairman of the Port of Antwerp-Bruges Board of Directors adds: "Together with the innovative port companiesandthenewpioneerswhoarebringingarangeof jobs to our port, we remain committed to sustainable growth. In addition, investments in strategic infrastructure such as the modernisation of the Europa Terminal are indispensable to ensure our position as a world port and to liveuptoourroleastheeconomicengineofFlanders.Filling the many vacancies is a significant challenge in this regard. To this end, we will soon launch a promotional campaign and adigitaljobplatformtogetherwithourpartners."

Dirk De fauw, Mayor of the City of Bruges and Vice President of Port of Antwerp-Bruges: "Port of AntwerpBruges is the world player for the automotive sector. That position will only strengthen given the investments in additional capacity by existing operators and new players who choose our port as a base from which to conquer the European market. I am therefore confident that we can again realise growth here in 2023. Furthermore, the record number of cruise ships that called at Zeebrugge this first quarter is confirmation that efforts to better spread cruise tourism throughout the year have succeeded. In the quieter winter months, cruise tourism is a boon to the tourist industry in Bruges, Blankenberge, Brussels, Ghent, Ypres andAntwerp."