MUM-26-09-2023

DP World to invest over Rs.600 cr in FTZs in India

MUMBAI: DP World will invest over Rs 600 crore on expanding its free trade zones (FTZ) in India, the Head of its Economic Zones Business, Ranjit Ray was quoted as saying recently

The company is exploring opportunities with big electronics and tech companies to export and import from i t s f a c i l i t i e s a s t h e y a i m t o e n h a n c e t h e i r manufacturing presence in the country, people close to the development said.

DP World is the third company in India to set up free trade zones after J Matadee in Chennai and Arshiya in Mumbai.

DP World has five gateway terminals across the coastline of the country – two in Jawaharlal Nehru Port Authority, and one each in Mundra, Kochi, and Chennai.

Cont’d.

India better positioned as an exporter to Europe : FIEO CEO

ISTANBUL: While China possesses an export ecosystem, India as a democracy is better positioned as an exporter to Europe, according to the head of India’s top export promotion organization.

“From a democratic perspective, it’s always better to deal with a country

Cont’d. Pg. 15

DP World to invest over Rs.600 cr in FTZs in India

Cont’d. from Pg. 3

DP World’s Jebel Ali Free Zone (Jafza) is a dynamic base for over 9,500 businesses from over 100 countries and contributes 25% to Dubai’s GDP .

“We are the largest and the biggest free trade zone operator and developer in the country We have our facilities in two strategic locations – Chennai and Mumbai – which are trading hub, manufacturing hub, and a gateway to the rest of the country,” Ray, CEO, economic zone, subcontinent & MENA, said

The FTZ caters to big and small-scale enterprises in automobile, pharmaceuticals, chemical, FMCG, and tech industries.

“We are investing in three zones Mumbai is an 85 acres of land parcel in JNPT The first phase is fully operational We will commence construction for

the second phase by the end of the year We have invested Rs 1,200 crore already and will invest an additional Rs 600 crore,” Ray said.

Another facility in Chennai is spread over 126 acres “We have divided into three phases Phase 2 and 3 will be operational by FY27 First phase investment is Rs 700 crore which includes the entire land parcel,” he added

DP World will invest Rs 85 crore in its upcoming free trade facility in Kochi.

The company in August said it will invest $510 million to build a new container terminal at Kandla Port in Gujarat.

The FTZ, which cuts down time and cost for its customers, can be an opportunity for big manufacturers such as Apple and Foxconn as they expand their manufacturing footprint in India, encouraged by the Government that wants to make India a hub.

Bahri closes Participation in Saudi Maritime Congress 2023 as a Founding Partner

DAMMAM: Bahri, a global leader in logistics and transportation, has successfully concluded its participation at the 4th edition of the Saudi Maritime Congress as a founding partner Held under the patronage of His Excellency Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services of the Kingdom of Saudi Arabia, the event took place in Dammam.

During the Congress, Bahri underlined its support for global maritime events and affirmed its pivotal role in driving the growth of the regional logistics sector. Hosted at the Dhahran Expo-Dammam, the conference kicked off with the welcome speech of Eng Ahmed Ali Alsubaey, Bahri CEO, in which he emphasized the Kingdom’s rapid progress toward becomingaworld-leadingmaritimehub

“The Saudi maritime sector possesses vast potentials, and this conference is an ideal platform to showcase our capabilities to the world. The development of the maritime and logistics sector is vital in realizing the Kingdom’s Vision 2030 objectives Bahri is committed to focusing on leveraging its accumulated experience for the sector’s development within the Kingdom and across the globe,” stated AlSubaey He also reaffirmed Bahri’s commitment to decarbonization, technology and digital innovation, education, and upskilling next-generation talent with the

tools needed to thrive in the industry

On the sidelines of the congress, Bahri signed a Memorandum of Understanding (MoU) with SAIL, a subsidiary of the Saudi Investment Recycling Company (SIRC), a company owned by Public Investment Fund (PIF), to mutually strengthen their offerings within the Kingdom of Saudi Arabia. This alliance aims to facilitate maritime sector development and the provision of technical support, while also promoting knowledge and expertise exchange between the two companies.

Honoring the heroes

During the conference, Bahri felicitated the captain and crew of its oil-chemical tanker NCC NAJEM on receiving the letter of commendation from International Maritime Organization for their bravery in saving the lives of 35 people from a capsized boat in the Strait of Malacca near the Malaysian coast.

The Saudi Maritime Congress is the largest gathering of maritime and logistics industry professionals in the Kingdom. The event gives attendees a chance to meet, network, and do business with over 120+ leading exhibitors representing main sectors of the maritime industry including shipping, shipbuilding, artificial intelligence, port and terminal management and finance.

COSCO SHIPPING signs Memorandum of Cooperation on the Construction of a Green Methanol Industrial Chain

BEIJING: On September 20, China COSCO SHIPPING Corporation Limited (COSCO Shipping), State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) jointly signed the “Memorandum of Cooperation on the Construction of a Green Methanol Industrial Chain” online. This milestone signifies the start of the actual construction phase for this comprehensive industrial chain cooperation project, which encompasses the production, transportation, refuelling, and certification of green methanol for ships. It represents a significant step towards the application of new energy and the green transformation of the shipping industry.

The adoption of green methanol fuel is a crucial step for the shipping industry to achieve environmental sustainability COSCO SHIPPING has recently placed an order for 12 methanol dual-fuel container ships, each with a capacity of 24,000 TEU, making them the largest in the world. The global order for methanol-powered ships has exceeded 200. Establishing a green methanol industrial chain is not only necessary for shipping companies to align

with the new trend of green, low-carbon, and intelligent shipping, but also to offer customers sustainable and ecofriendly global supply chain logistics services. Moreover, it serves as a significant initiative to develop green and lowcarbon industries and drive the transformation and advancement of the industry towards high-quality development.

Based on the Memorandum of Cooperation, all parties involved are committed to fulfilling their social responsibilities by promoting “dual carbon” targets and adhering to the principle of complementary advantages and win-win cooperation.

The goal is to leverage their leading advantages in their respective industries to ensure the successful development of all key aspects of the green methanol industrial chain, and establish a green methanol industrial chain that meets both domestic and foreign green certification standards This industrial chain should operate steadily, smoothly, and have sustainable development capabilities. Additionally, the parties aim to drive the implementation of the first batch of green methanol production projects in China.

WCO calls for greater supply chain visibility

BRUSSELS: On 20 September 2023, Mr. Ricardo Treviño Chapa, Deputy Secretary General of the World Customs Organization (WCO), spoke at the third annual Global Trade and Supply Chain Summit organized by Economist Impact in Dubai, United Arab Emirates. In front of an audience of over 500 attendees made up of Chief Supply Chain Officers, Chief Financial Officers, Chief Technology Officers, Chief Executives, Managing Directors and other senior directors with responsibility for procurement and trade, supply chain management, technology, sustainability and compliance, as well as senior government officials and advisors, the Deputy Secretary General took part in a keynote interview titled “Getting things done at the World Customs Organization - next steps at the borders”. The interview was moderated by Gregg Carlstrom, Middle East correspondent, The Economist.

Some of the current challenges facing Customs were addressed during the interview. Against the global backdrop characterized by growing enforcement requirements, the discussion revolved around how Customs administrations worldwide are dealing with a heavier workload, using new technology and meeting the need for more and better skilled staff, and how the WCO is assisting its Members in these domains.

The Deputy Secretary General highlighted the need for bigger and better data management to allow greater supply chain visibility This, in turn, will require strong collaboration with a range of stakeholders, including the private sector, in order to process and share information enabling Customs administrations to assess supply

chain risks Increased and more intensive use of technological solutions is key to Customs services efficiently performing their duties around the globe.

The event touched upon several themes including the effects of geopolitical and economic turmoil on planning and supply chain operations, digital trade and technology, the changing role of Customs organizations and compliance teams, and measuring and deploying sustainability initiatives along the supply chain Economist Impact’s decision to organize the Global Trade and Supply Chain Summit reflects the ongoing transformation and regionalization of global trade and supply chains, along with the role that emerging markets such as the Middle East, Africa and South-East Asia will play in years to come.

Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre

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

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

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.

RED SEA & MED. PORTS from

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

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

TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC,

SOUTH AMERICAN & WEST INDIES PORTS from GTI

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

Logistic Ser. Jebel Ali, Bandar Abbas.

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

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

COASTAL SERVICE MOVEMENT

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

TO

30/1031/10 TBATBA Ever Eagle 175E

CISC Service

Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS

KMTC (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3

TS Lines TS Lines (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2

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

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

PORTS from GTI

Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai Ocean Gate

02/1003/10 TBATBA OOCL Hamburg 145E P1256 280881-12/09 OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo, GDL/Dron-1

09/1010/10 TBATBA OOCL Luxembourg 105E APL CMA CGM Ag. (CIX-3) Dron.-3 & Mul.

16/1017/10 TBATBA Seamax Stratford 125E ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo.

23/1024/10 TBATBA Zim Shanghai 10E COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo.

30/1031/10 TBATBA OOCL Genoa 066E Gold Star Star Ship Singapore, Hong Kong, Shanghai.

13/1114/11 TBATBA Aka Bhum 017E ANL CMA CGM Ag. Port Kelang, Singapore Dron.-3 & Mul. TS Lines TS Lines

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

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

WEST & SOUTH AFRICAN PORTS from NSFT

TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSICT

TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSIGT

India better positioned as an

exporter to Europe : FIEO CEO

Cont’d. from Pg. 3 ... where we have the rules of the law,” Mr. Ajay Sahai was quoted by Anadolu during the UP International Trade Show in the northern Indian city Greater Noida.

“With the change of the profile of exports, probably Europe will have much reliance on India,” said Sahai, the director general and CEO of the Fe d e r a t i o n o f I n d i a n E x p o r t Organizations (FIEO).

Underlining that it is always “good to deal with a democratic country,” Sahai said India was able to assure businesses “independent organizations” in the long run despite “initial hiccups.”

Since the coronavirus pandemic erupted in late 2019, the Western world, especially Europe, began looking for n e w s u p p l i e r s b e c a u s e o f t h e deterioration in supply chains mostly related to China.

India is one of the candidates, especially in leather, textiles, jewelry, food, electronics, and automotive, said Sahai.

“Luckily for us, we’re making inroads into all fields, we have rolled out a production incentive scheme for all the sectorsforinvestments,”hesaid

Sahai said the country has begun to bear the fruits of its works, noting that technology giant Apple is building “its biggest plant in India.”

“We were a net importer of mobile today,” he added.

India may not roll out a kind of red carpet as other nations do, but it is home to the greatest profitability compared to anywhere else, asserted Sahai, adding:

“We’re developing an evolving ecosystem and we’re focusing more on ease of doing business.”

India-Europe corridor

Besides trade goals, the IndiaM i d d l e E a s t - E u r o p e E c o n o m i c Corridor (IMEC) will also be important for digital transformation, digital connectivity, energy, and food security.

“The corridor is not only about the trade, we are talking about the distant corridor and about the energy security corridor,” said Sahai.

Providing a new route for trade to Europe, the IMEC will save time by 40% and cost by 30% compared to the currently used Suez Canal.

The IMEC was unveiled at the G-20 summit earlier this month in India with a memorandum of understanding between India, the US, United Arab Emirates (UAE), Saudi Arabia, France, Germany, Italy, and the EU The plan is to connect India and Europe via the UAE, SaudiArabia,Jordan,Israel,andGreece

“More important is the digital corridor, because we require very secure data transmission and that’s why the corridor becomes very important,” said Sahai.

“The world is moving toward energy security and therefore for energy transmission, the corridor will also be used So I’m not just looking at the corridor from the great part of that, that is one of them. But probably more important would be for the digital transformation and for the digital connectivity and for the energy and food security,” he said

Government committed in improving ease of doing business in India

NEW DELHI: Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal, underlined the Government's commitment to improving the ease of doing business in India, making it easier to start and run businesses. While addressing the Bada Business's ‘Entrepreneurs Launchpad’ event held today in New Delhi, he highlighted the success of the Startup India initiative as the nation has witnessed remarkable growth from 450 startups in 2016 to over 1 lakh today, making India the world's third-largest startup ecosystem.

Shri Goyal delivered a motivating address at the event and shared insights from his own entrepreneurial j o u r n e y a n d t h e c h a l l e n g e s he encountered along the way The Minister encouraged all participants to dream big, be resilient, and contribute to India's progress. He expressed his b e s t w i s h e s f o r t h e i r s u c c e s s ,

envisioning a brighter future for India.

Highlighting the global recognition achieved during India's Presidency of the G20, Shri Goyal emphasized how it provided an opportunity to showcase the development undertaken in the nation under the visionary leadership of the Prime Minister, Shri Narendra Modi to the world. He stressed upon the need to achieve ambitious targets, fostering self-respect and a prosperous future through hard work and dedication.

The Minister acknowledged the aspirational nature of India's youth, which is eager for rapid development He emphasized the crucial role of the country'syouthasthefoundationforIndia's development in the "Amrit Kaal " With India'saverageagebeinglessthan30years and demographic dividend continuing for the next three decades, he expressed confidence that by 2047, India's economy would experience exponential growth.

Shri Piyush Goyal pointed out that the world is increasingly attracted to

opportunities available in India and its diversity and economic growth He e m p h a s i z e d t h a t I n d i a n S T E M graduates are a global attraction.

Highlighting India's shift away from a colonial mindset, he cited various projects like Bharat Mandapam, Yashobhoomi, Kartavya Path and Pradhanmantri Sangrahalaya as signs of this transformative change He e m p h a s i s e d t h e G o v e r n m e n t ' s commitment to improving the lives of all 140 crore Indians through welfare measures such as power connection, digital connectivity, cooking gas access, piped water supply, and advancements in health and education, all under the leadership of the Prime Minister

Shri Goyal urged all citizens to work with a sense of duty and dedication toward the nation's development. He commended the Entrepreneurship L a u n c h p a d f o r e n e r g i z i n g a n d imparting knowledge to participants, fostering entrepreneurship growth.

DGTR suo-motu probing alleged dumping of three Chinese goods; to protect MSMEs from cheap imports

NEW DELHI: The Commerce Ministry's investigation arm DGTR has "suo-motu" initiated probes against alleged dumping of three products, including unframed glass mirrors and fasteners, by Chinese companies as the authority seeks to guard MSME units against cheap imports from the neighbouring country Usually, antidumping investigations are initiated based on an application filed by domestic producers, but since the fragmented industries did not have the know-how of the procedures involved in

the trade remedy probe, the Directorate General of Trade Remedies (DGTR) has undertaken the exercise to investigate the matter on its own initiative.

According to three separate notifications, the DGTR said that it is probing alleged dumping of telescopic channel drawer, unframed glass mirror and fasteners. The move is aimed at granting much-needed protection to the MSME (micro, small and medium enterprises) producers against dumped goods from China.

"This is a giant leap forward from DGTR's first suo-motu investigation in 2000 on dry batteries from China wherein the duties were imposed for five years. This is also the first occasion where India's anti-dumping watchdog h a s i n i t i a t e d t h r e e s u o - m o t u investigations at one go against China," a senior government official said.

The directorate had received information that Indian producers of these three products were facing stiff competition from unfairly priced Chinese imports.

TO

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

TO LOAD FOR FAR EAST / EAST, WEST & SOUTH AFRICA / AUSTRALIA & NEW ZEALAND PORTS 05/1006/10

Shpg. Singapore, Kaohsiung,

24/1025/10 Alliance Norfolk 132 Hoegh Autoliners Merchant Shpg. Durban, Dakar, Dar Es Salaam, Maputo, Mombasa-T/S at Durban Abidjan, Lagos, Luanda & Other Ports in West Africa T/S at Dakar

OFFICE OF THE COMMISSIONER OF CUSTOMS, (NS-III) CONTAINER SCANNING DIVISION,

JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA.

TAL - URAN, DIST - RAIGAD, MAHARAHTRA - 400707.

F. No : SV-30-Misc- 111/2016 CSD JNCH (Pt-II)

Public Notice No. 80/2023

Sub. : Roll out of Mobile X-Ray Container Scanners (MXCS) Installed at APMT and NSICT/DP WORLD Terminals and working hours of MXCS at NSICT/ DP WORLD (Scan Mode-M2) and APMT (Scanned Mode- M3) - regarding.

Attention of the Importers, exporters, Custodians, Customs Brokers, General Trade, Port Terminal Operators, Shipping Lines/ Shipping Agents, Container Freight Stations coming under the Jurisdiction of Jawaharlal Nehru Custom House and all other stakeholders is invited to Public Notice No. 58/2021 dated 23.06.2021 wherein procedure required to be followed for scanning of containers selected for scanning at MXCS at NSICT/DP WORLD (Scan Mode- M2) and APMT (Scanned Mode- M3) was stipulated.

2. Vide the said public notice i.e. 58/2021 dated 23.06.2021, it was stipulated that Mobile X-Ray Container Scanner located at APMT site shall be operational during day time only between 09.00 am to 07.00 pm. In partial modification to working hours of Mobile X-Ray Container Scanners (MXCS) installed at APMT, it is envisaged that;

a) Mobile X-Ray Container Scanners (MXCS) installed at APMT shall be operational during 24x7 with effect from 20.09.2023

b) In case of PMI (Preventive Maintenance Inspection) or any breakdown, all the containers selected for scanning at MXCS/APMT will invariably be diverted to MXCS at JNPA/NSICT, DTCS at BMCT or DTCS near PUB as per convenience of trade without any endorsement from Customs.

3. No other modification regarding procedure and other content as stipulated vide Public Notice No. 58/2021 is being envisaged vide this public notice. In case of any difficulty faced in implementing this Public Notice, the specific issue may be brought to the notice of Deputy/Assistant Commissioner in charge of CSD Cell. NS-III (email address: csd.jnch@gov.in)

4. Action to be taken in terms of decisions taken in this Public Notice should be considered as standing order for the purpose of officers and staff.

D.S. Garbyal Commissioner of Customs NS-III, JNCH

Centre considering demands of State Maritime Boards

NEW DELHI: An immigration facility at the Puducherry port, regional oil spill response centres in five states and removing submarine oil and gas pipelines in Mumbai are among the requests from State Maritime Boards that are being considered by the Centre. Most state government controlled maritime boards want improved support for their ports along with better facilities to help them gain more cargo and passenger volumes.

“Calls for financial incentive to encourage shift of cargo from road or rail to coastal shipping also figure on t h e l i s t o f d e m a n d s , ” a t o p government official aware of such requests said.

Meanwhile, the Centre has flagged some concerns “A critical issue regarding statutory compliance

for ports was raised. Many stateor union territory-run ports (also called non-major ports) have not obtained c o m p l i a n c e c e r t i f i c a t e s o f navigational safety In some cases, clearance from the Petroleum and Explosives Safety Organisation was also lacking,” the official said, adding that all maritime states and union territories have been asked to speedily rectify this.

To bring more accountability and better manage oil spills, regional r e s p o n s e c e n t r e s i n Va d i n a r (Gujarat), Mumbai (Maharashtra), Kochi (Kerala), Chennai (Tamil Nadu) and Paradip (Odisha) have been proposed.

These Regional Oil Spill Response Centres (ROSRCs) have also been recommended by a committee set up under the Ministry of Ports, Shipping

and Waterways.

Raising issues related to multiple government arms conducting audits and inspections, the Tamil Nadu M a r i t i m e B o a r d p r o p o s e d streamlining security audits and inspections in non-major ports. Currently, export-import (Exim) ports are audited by the Directorate General of Shipping. Separate audits a r e b e i n g c o n d u c t e d b y t h e Intelligence Bureau, Navy, Central Industrial Security Force and the Coast Guard.

To address this, the Ministry of Ports, Shipping and Waterways is going to set up a Bureau of Port Security (BPS).

“Once materialised, only the BPS will have the authority to do port audits,” a second government official said.

Rajasthan plans for export promotion of agriculture

J A I P U R : T h e R a j a s t h a n Government has drawn out a plan for value addition and export promotion of agricultural commodities.

'The plan aims at offering sops to farmers engaged or are planning to enter this field The government’s main aim is to attract investment in agro-processing along with value addition,' an agriculture department official said.

Rajasthan is one of the leading producers of many crops and animal products with a high potential for processing and value addition.

The state is one of the top

producers of mustard, moth beans, bajra, guar, and Isabgol.

In mustard, the state contributes over 43 per cent of the country’s total production, and in guar, its share in the country stands at over 70 per cent.

The official pointed out that u n d e r t h e R a j a s t h a n A g r oProcessing, Agri-Business and Agri-Export Promotion Policy, 2019, a 50 per cent subsidy in the capital cost is provided to farmers and 25 per cent to non-farmers for agricultural products processing

The government has enhanced this capital subsidy to 75 per cent and

50 per cent for farmers and nonfarmers, respectively. The maximum limit of grant is now Rs 1.5 crore.

M o r e o v e r, t o e n c o u r a g e beekeeping, 10,000 farmers of Bharatpur, Shri Ganganagar, Alwar, Dholpur and some other districts will be benefited in the coming year He said that over Rs 100 crore will be spent on this.

As part of the plan, a centre of excellence for apiculture is proposed at Tonk. Moreover, mini food parks will be set up in select districts, including Jaipur, Sikar and Alwar, among others.=

Railway changes policy to shore up freight revenues

N E W D E L H I : T h e I n d i a n Railways has brought in a slew of measures as it looks to shore-up revenues from freight operations. Some of the policy interventions i n c l u d e s i m p l i f y i n g w a g o nbooking processes, online alert systems, issue single receipt for m u l t i p l e j o u r n e y s , c r e a t i n g alternate goods sheds across zones and so on

50%

At the same time, the Railways have revised rake rates and brought in stricter guidelines to plug possible leakages, sources said.

Freight loading from April–August was 634.66 million tonnes (mt) and the revenue achieved during this period was Rs. 1,00,000 crore, across freight and passenger segment and other sundry revenue.

Iron ore loading was 70 84 mt

(up 16 per cent y-o-y), pig iron and finished steel loading 26.16 mt (up 9 per cent) Fertiliser loading increased 8 per cent to 24.13 mt, and cement loading was up at 63.29 mt (7 per cent). Container services grew 5 per cent odd to 34 31 mt; and petroleum product loading was 20.59 mt (4 per cent) Coal loading was 311.53 mt and automobile movement grew 26 per cent.

of the global orderbook held by just

shipping sectors : Clarksons Research

LONDON: According to data from Clarksons Research fully 50% of the the global orderbook in cgt terms is contracted for just two shipping segments, LNG and containers.

Clarksons Research’s upcoming S h i p p i n g R e v i e w & O u t l o o k publication shows the huge variation in orderbooks with LNG orders, for instance, now equivalent to 53% of the

extant fleet, while tanker orders account for just 5% of the extant fleet.

Other notable shipyard data from the publication include the statistic that yard capacity is still 35% down from its 2011 peaks and yard slot availability is tight with the orderbook standing at 3.5 times last year’s output Owners of tankers and dry bulkers anxious to kick off

fleet replacement programmes are faced with a long wait and elevated prices

Clarksons data shows 31% of the global merchant fleet is now over 15 years of age, and 30% of tonnage ranks in the D and E bands for the I

Organization’s Carbon Intensity Indicator (CII) ratings.

two

SHIPPING MOVEMENTS AT DEENDAYAL PORT

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

SHIPS READY FOR BERTH

NOT READY FOR BERTH

LIQUID CARGO VESSELS

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

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

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

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

SHIPPING MOVEMENTS AT ADANI HAZIRA

OTHER PORTS OF GUJARAT

JAMNAGAR (BEDI) PORT

(As on 26-09-2023)

HAZIRA PORT (As on 22-09-2023)

MULDWARKA PORT NB The data in this Daily pertaining to Ports Information is received by us, sometimes even at the eleventh hour by telephonic messages from the concerned Steamer Agents. Therefore, there is every likelihood of last minute change in the data published the Management of Daily Shipping Times exercise every necessary care & attention in collecting every data & getting it published accurately Inspite of this, if any ommission, inaccuracy or printing error occur in the data published in this daily, the Management of Daily Shipping Times is not responsible or liable.

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

NSICT

Kabir (V-2336W)

(V-OMXG5W1)

Hai 523 (V-E017)

Emerald

Jupiter

Shahar (V-JU337R)

Pipavav

17

18 Rui Fu Bang Parekh Marine

19/20 Doro Mitsutor 21 Seacon 7 Wilhelmsen

B.Pier Sheng De Hai J M Baxi

B.P. Extn. Pan Ivy GAC

OCT 1 Hamburg Pearl Wilhelmsen

OCT 2

NSDT/COASTAL/NSDT/COASTAL/ NSDT/COASTAL/NSDT/COASTAL/ NSDT/COASTAL/LIQUIDBERTHLIQUIDBERTH LIQUIDBERTHLIQUIDBERTH LIQUID BERTH

GTI-1 Interasia Forward Interasia

GTI-2 Hunsa Bhum RCL Agency

BMCT

BMCT-1 CMA CGM Titan CMACGMAgency(I)

BMCT-2 Interasia Progress Interasia

BMCT-3

W. E. F. 22-09-2023

CURRENCYCURRENCY CURRENCY IMPORTIMPORT IMPORT EXPORTEXPORT Qatari Riyal 23.5522.10 Saudi Arabian Riyal 22.8521.50 Singapore Dollar 61.8059.85 South African Rand 4.554.25 Swedish Kroner 7.557.30 Swiss Franc 94.2090.65 Turkish Lira 3.153.00 UAE Dirham 23.3521.95 US Dollar 84.0582.30 Japanese Yen (100) 56.9555.20 Korean Won (100) 6.406.00

TT ON 25-09-2023 ´ ´ ´ ´ FOREIGN EXCHANGE RATES

Buying Rates Bill Buying ´´ ´´ CUSTOM EXCHANGE RATES ALL RATES PER UNIT CURRENCYCURRENCY CURRENCY IMPORTIMPORT IMPORT EXPORTEXPORT EXPORT Australian Dollar 54.5552.20 Bahraini Dinar 228.00214.00 Canadian Dollar 62.7060.65 Chinese Yuan 11.5511.25 Danish Kroner 12.0511.65 EURO 90.0586.90 Hong Kong Dollar 10.8010.45 Kuwaiti Dinar 277.65261.10 New Zealand Dollar 50.5048.20 Norwegian Kroner 7.807.55 Pound Sterling 104.20100.80

VESSELS DUE/IN PORT FOR IMPORT DISCHARGE AT MUMBAI

The Alliance announces TranspacicNorth West Coast Change

SINGAPORE: In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-North West Coast Network by temporarily suspending the PN3 service and enhancing the existing PN2 service as of week 41 until further notice.

The following change shall ensure that customers continue to receive a frequent and comprehensive service coverage.

• PN3: To be suspended until further notice

• PN2: Enhanced service with added port call and rotation change:

Singapore – Laem Chabang – Cai Mep – Haiphong –Yantian – Yangshan (new) – Pusan (new) - Vancouver – Tacoma – Tokyo - Kobe – Kaohsiung (new) –Hong Kong (new) - Singapore

The effective sailings of the change will be from October 12th at Singapore for PN2, and October 8th at Hong Kong for PN3.

COSCO SHIPPING launched the automotive industry digital supply chain platform

BEIJING: On September 22, the 2023 North Bund International Shipping Forum themed on “Openness, Cooperation, and Innovation: Co-building a New Landscape of Global Shipping & Aviation” took place at the Grand Halls in Shanghai. Representatives and experts from industry authorities, port and shipping companies, research institutes, and industry associations from around the world gathered in Shanghai to discuss the current development, challenges, and future opportunities of the shipping industry, aiming to jointly promote the new development of shipping.

During the opening ceremony on the morning of September 22, 11 significant achievements in the highquality development of the shipping industry were announced One of these achievements was the automotive industry digital supply chain platform provided by COSCO SHIPPING.

COSCO SHIPPING is actively working to bring together the modern logistics industry and advanced manufacturing industry to address the transportation

challenges faced by the automotive industry and create a digital supply chain platform specifically for automobile transportation featuring intelligent, comprehensive and green supply chain solutions. This platform incorporates digital technologies such as the Internet of Things (IoT), big data, artificial intelligence, and 5G to seamlessly connect all aspects of the shipping industry. With 157 routes connecting over 60 ports worldwide, it offers a comprehensive range of 310 digital supply chain products, including trailer services, warehousing, customs declaration, shipping, unpacking, and PDI testing. Its logistics solutions are tailored to the needs of automotive industry customers, providing exclusive endto-end services Additionally, the platform integrates green and intelligent technology to automatically calculate transportation carbon emissions and actively participates in the International Maritime Organization’s comprehensive assessment of EEX I and CII This ensures that the service is in compliance with all necessary regulations and can provide a sustainable transportation solution.

Hapag-Lloyd to enhance connectivity at Sea with Starlink Satellite Internet

• Hapag-Lloyd starts this year rollout of Starlink to its fleet

• Remarkable improvement of communicaon for seafarers

• Enhancing efficiency and safety of the fleet

HAMBURG: Hapag-Lloyd is set to transform connectivity at sea with the rollout of Starlink satellite internet technology across its fleet This strategic decision comes after a successful pilot phase.

Since May, crewmembers aboard four pilot vessels have had the opportunity to test the Starlink technology. The feedback from these trials has been very positive. The high-speed satellite Internet has revolutionized communication for seafarers, enabling seamless video calls and streaming services.

The Starlink satellite network offers an impressive bandwidth of up to 250 megabits per second, facilitating not only private use but also enabling Hapag-Lloyd to conduct remote maintenance and vessel inspections. This innovation will result in cost savings and an increase in service quality

The next steps for the rollout of the free and fast Internet offer on board include completing the ordering of the technology and antenna installation by the end of 2023 and the stepwise activation of the service on the company's ships, that is set to commence in early 2024 Dr Maximilian Rothkopf,COOatHapag-Lloyd,seesagreatbenefit.

Dr. Maximilian Rothkopf, COO : “We are very happy to provide our seafarers with Starlink's high-speed satellite internet and thus to enhance their well-being on board. But also for Fleet Management the change in communication and connectivity will be huge.”

Donya-Florence Amer, CIO/CHRO, acknowledges: "Implementing the new technology to our fleet marks a significant leap forward in ensuring maritime connectivity and stands to revolutionize the way our seafarers stay connected while at sea."