Gujarat Star Awards 12th Edition : Eminent Speakers & Industry Stalwarts to deliberate on "Logistics Possibilities to
India’s Growth into Amritkaal 2047"
MUMBAI: The Gujarat Star Awards – Organised and Managed by Daily Shipping Times is India’s Oldest Shipping Daily – serving the Trade since 1960. With a legacy of over 65 years, DST is immensely Proud to a n n o u n c e i t s G r a n d 1 2 t h E d i t i o n o n 14th Febr uar y 2025 at Hotel Radisson, Kandla from 5 PM onwards. Widely acclaimed to be the “BEST EVENT” in Gujarat’s Logistics and Maritime Industry, t h e Aw a r d s
Key Stakeholders, Thought Leaders, and Industry Pioneers for an Evening of Celebration, Recognition, Networking and Knowledge Sharing
Mr. Umesh Grover
Dr. Pramod Sant Mr.SandeepRajwanshi
Capt. J.S. Gill
Mr. Dushyant Mulani
Mr. Xerrxes Master Mr. RajuAnthony
Mr. Harsh J. Lapsia
Gujarat Star Awards 12th Edition : Eminent Speakers & Industry Stalwarts to deliberate on "Logistics Possibilities to Lead India’s Growth into Amritkaal 2047"
Cont’d. from Pg. 3
Highlight of the Evening: A Thought-Provoking
Panel Discussion
This year, the Gujarat Star
Aw a r d s w i l l f e a t u r e a n
Insightful Panel Discussion on t h e T h e m e o f "Logistics Possibilities to Lead India’s Growth into Amritkaal 2047", to be Moderated by none other than Industry Veteran Mr. Umesh Grover, Secretary General of CFSAI.
The Panel will discuss into key topics shaping the future of Logistics, Trade and Supply Chain Management in India offering the August Gathering a unique opportunity to learn from the Expertise and Experiences of Leading Lights drawn from the Maritime and Logistics industry
Eminent Panelists :-
•Capt. J.S. Gill – As Managing DirectorIndia Agency of X-Press Feeders and representing Sea Consortium Shipping India Pvt Ltd , his vast Maritime & Feeder Expertise will shed immense light on future possibilities present in Indian Maritime sector
•Dr. Pramod Sant – An industry expert and Chairman of the Shipping & Logistics Committee at IMC, Dr Sant’s insights into Global Shipping trends and trade policies will add immense value to the discussion
•Mr. Sandeep Rajwanshi – As the Associate Director of PSA Ameya (Mundra), his expertise in CFS and Managing Logistics will provide critical insights to the August Gathering.
•Mr. Xerrxes Master – As Managing Director of the Master Group of Companies, his strategic vision aided by his vast experience in Logistics will enrich the conversation.
•Mr. Raju Anthony – Being the Chief Operating Officer of Abrao Group, his Operational expertise in shipping and logistics is sure to provide practical and actionable insights
•Mr. Dushyant Mulani – Chairman of FFFAI and Director of Khimji Poonja Freight Forwarders Pvt. Ltd., Mr. Mulani brings a wealth of knowledge on Freight Forwarding and Customs Operations, making him a key voice in the industry.
•Mr Harsh J Lapsia – As Partner at U M Khona & Company, his business acumen and sharp understanding on reading future trends of Logistics will add another layer of depth to the discussion
Why Attend? The Gujarat Star Awards is not just an Event but an Experience a Key Industry Platform for Celebrating Excellence while fostering Connections and gaining Invaluable Insights The panel discussion promises to offer actionable takeaways for professionals in the logisticsandtradesectors,making itamust-attendevent
The Gujarat Star Awards has been a beacon of recognition for Excellence in the Maritime and Logistics industry for over a decade in Maritime State of Gujarat By honoring outstanding contributions and fostering Thought Leadership, the Grand Awards Ceremony plays a pivotal role in shaping the future of Indian Maritime and Logistics sector while presenting vast Interacting and Networking opportunities with Industry Stalwarts and Government Officials
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
(INDUS)
Agency UK, North Cont., Scandinavian, Red Sea & Med Ports. Hind Terminals
TBATBA Seaspan Amazon 5304W Q2659 1119915-21/01 Hapag ISS Shpg. UK, North Cont., Scandinavian, Red Sea & Med.Ports. ULA CFS 12/0213/02
TBATBA Houston Express 506W ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. (IOS) Gold Star Star Ship Hamburg, Antwerp, Tilbury. Oceangate CFS
30/0131/01 30/01 0800 W. Klaipeda 503W Q2528 1118060-08/01 Maersk Line Maersk India Port Tangiers, Algeciras, Rotterdam, Felixstowe Maersk CFS
COSCO COSCO (I) Le Havre, Jeddah, Tangier, Algeciras.(EPIC) 04/0205/02
LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS
27/0128/01 MSC Ravenna IP504A Q2620 1119391-17/01 MSC MSC Agency Boston, Philadelphia, Miami, Coronel, Guayaquil, Cartagena, Hind Terminals 31/0101/02 31/01 0900 MSC Lisbon IP505A Q2680 1120311-24/01 Indial Indial Shpg. San Antonio,Arica,Buenaventura,Callao,La Guaira, Paita, 07/0208/02 07/02 0900 MSC Joanna IP506A Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel 14/0215/02 14/02 0900 MSC Pamela IP507A Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports. (EPIC / IPAK) AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3 Safewater Safewater Line US East Coast, South & Central America
30/0131/01 TBA 1000 Marianna IU504A Q2651 1119868-21/01 MSC MSC Agency New York, Charleston, Huston, Freeport. Hind Terminals
1000 MSC Barcelona IU505A Kotak Global Kotak Global US East, West & Gulf Coast (INDUS)
APL Southampton 0INIZW1 Q2604 CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah & Dron.-3 & Mul. 15/0216/02 TBATBA CMA CGM Pelleas 0INJ3W1 OOCL OOCL(I) Other US East Coast Ports. Dronagiri-2 ONE Line ONE (India) India America Express (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
02/0203/02 TBATBA Tolten 5105 Q2608 1119188-16/01 Hapag ISS Shpg. New York, Norfolk, Charleston, Savannah ULA CFS 09/0210/02 TBATBA Nagoya Express 5106 (TPI/INDAMEX)
Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique,
Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express)
USA, East & West Coast.
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from
APL Phoenix(NSFT) 0MXLHW1 Q2579 1118917-15/01
TBATBA Yantian Express 2504W Q2555 1118393-10/01
VESSELS DUE AT
Spil Citra 0UW90W1 Q2653 1119909-21/01 OOCL OOCL (I) (Bangladesh India Gulf Express) 28/0129/01 TBATBA Hansa Europe 2503W Q2553 1118390-10/01 Hapag ISS Shpg. Jebel Ali, Dammam, Shuaiba, UMM Qasr. (IG1) ULA CFS 04/0205/02
TBATBA Inter Sydney 0172 Q2649 1119926-21/01 Interworld Efficient Marine Bandar Abbas, Chabahar (BMM) Alligator Shpg. Aiyer Shpg. Bandar Abbas, Chabahar.
Dron-3&Mul
TBATBA Maersk Cairo 506S Q2518 1117882-07/01 Maersk Line Maersk India Port Qasim, Salallah. (MWE SERVICE) Maersk CFS
TBATBA TBATBA TBN HDASCO Armita India Bandar Abbas, Chabahar. (IIX)
01/0202/02
27/0128/01
06/0207/02
10/0211/02
TBATBA Maersk Sentosa 504W Q2517 1117881-07/01 Maersk Line Maersk India Salallah. (MECL) Maersk CFS
TBATBA Wan Hai 501 253W Q2547 1118346-10/01 X-Press Feeders Sea Consortium Jebel Ali
TBATBA X-Press Altair 25002W Q2672 1120093-22/01 Wan Hai Wan Hai Lines (I) (RGI / IM1)
COSCO COSCO Shpg. (AIS SERVICE) Emirates Emirates Shpg. PortKelang,Hongkong,Qingdao,Kwangyang,Pusan,Ningbo,Shekou,Singapore Dronagiri-2 27/0128/01 Wan Hai 351 026 Q2581 1118919-15/01 Wan Hai Wan Hai Lines Port Kelang, Jakarta, Surabaya Dronagiri-1 30/0131/01
Ports. Dronagiri-2 (CIX-3) Austral Asia MCS (I) Port Lae, Port Moresbay, Madang, Kavieng, Rabaul, Honiara Dronagiri-3 Team Lines Team Global Log. Australia & New Zealand Ports. ConexTerminal
TBATBA Wan Hai 505 E181 Q2607 1119242-17/01 ANL CMA CGM Ag. Fremantle, Melbourne, Sydney, Adelaide, Brisbane, Dron.-3 & Mul. 04/0205/02
11/0212/02
TBATBA Wan Hai 507 E229 Q2682 1120312-24/01
TBATBA Wan Hai 511 E097
Auckland, Tauranga, Madang, Port Lae, Rabaul, Port Moresby
TS Lines TS Lines (I) Australian Ports. Dronagiri-2 18/0219/02
TBATBA Seaspan Brisban 006E (CIX) 02/0203/02
07/0208/02
TBATBA MOL Presence 0020E Q2576 ONE Line ONE (India) Sydney, Melbourne, Fremantle, Adelaide, Brisbane, Auckland, Lyttleton.
27/0128/01 MSC Ravenna IP504A Q2620 1119391-17/01 MSC MSC Agency Khoms, Tripoli, Misurata, Tunis Hind Terminals 31/0101/02 31/01 0900 MSC Lisbon IP505A Q2680 1120311-24/01 CMA CGM CMA CGM Ag. Dakar,Nouakchott,Banjul,Conakry, Freetown, Monrovia, Sao Tome,Bata, Dron.-3&Mul. 07/0208/02 07/02 0900 MSC Joanna IP506A Guinea Bissau,Nouadhibou, Dakar,Abidjan, Tema, Malabo & Saotome. (EPIC / IPAK) GlobelinkGlobelink West & South African Ports. Safewater Safewater Lines East, South & West African Ports (EPIC / IPAK) 02/0203/02 TBATBA MSC Conakry IV OM505A Q2669 1119966-21/01 MSC MSC Agency Dar Es Salamm, Mombasa. (EAST AFRICA EXPRESS) Hind Terminal 06/0207/02 05/02 1000 MSC Regulus IS504A Q2630 1119666-20/01
JAIGARH PORT LIMITED
West Asia and North Africa emerge top market for Engineering Exports
K O L K A T A : We s t A s i a a n d North Africa (WANA) emerged as the biggest buyer of engineering products from India for the first time ever in December pushing North America to the second slot, the Commerce Ministry data showed.
WANA region’s share in India’s total engineering exports was 20 8% in D e c e m b e r 2 0 2 4 f o l l o w e d b y North America at 19.1% and European Union 17.1%. In November the share of North America in total exports of engineering products was 20% and the European Union 17%.
Overall engineering exports in December were $10.84 billion, up 8.35% on year. Among countries the US r e m a i n e d t h e t o p b u y e r a t $ 1 64 billion during the month, 5% more than the same month last year On a cumulative basis, exports to the US during April-December rose 7% to$13 97 billion as compared to $13 billion in the corresponding period a year ago.
“Going forward, global trade trends are expected to be largely influenced by protective measures by the developed nations, especially the US, and the threat of possible trade wars,” Chairman of Engineering Export Promotion Council Pankaj Chadha said.
“In the wake of this challenging environment, we need to diversify our trade presence in new markets, especially those in Latin America, A f r i c a , a n d e v e n O c e a n i a The government’s support will be c r u c i a l i n t h i s A d d i t i o n a l l y, Government support is needed in importing critical raw materials where domestic supply at affordable cost is not adequate,” he added.
Significantly high growth in engineering exports was noted in France, Saudi Arabia, South Africa, and Sri Lanka on a year-on-year basis during December 2024.
On a cumulative basis, growth in engineering exports is spiraling in
April-December was recorded at $87.21 billion as against $79.33 billion during the same period of the last fiscal, registering a growth of 9.94%.
A s m a n y a s 2 7 o u t o f 34 engineering panels recorded p o s i t i v e g r o w t h d u r i n g t h e April-December period of 2024-25 and the remaining 7 engineering panels including iron and steel, s
non-ferrous sectors including copper, a
office equipment, and mica products recorded negative growth
According to the quick estimates of the Department of Commerce the share of engineering in India’s total merchandise exports was recorded at 28.53% in December 2024 as against 26 07% in December 2023 The share was 27 71% in November and 28 72% in October 2024 On a cumulative basis, t
exports was recorded at 27.11% in April-December.
Maha Kumbh Mela gives boost to freight operations on the Eastern Dedicated Freight Corridor
KOLKATA: The Maha Kumbh Mela 2025 is giving fillip to the freight operations on the Eastern Dedicated Freight Corridor (EDFC), which commenced services in November 2023. According to a senior official from D e d i c a t e d F r e i g h t C o r r i d o r Corporation of India Ltd, the Indian Railways has diverted freight trains, usually plying on the normal railway network, on to the EDFC, in order to manage traffic and enable operations of more passenger trains for devotees.
T h e M a h a K u m b h M e l a which commenced from January 13, is a 45-day-long spiritual and cultural c e l e b r a t i o n i n P r a y a g r a j a n d is expected to draw in 400 million to 450 million devotees
“The Eastern Dedicated Freight Corridor was conceptualised with the aim that the freight trains running in the Indian Railways network will eventually be diverted to the EDFC line for smooth
and efficient transport of cargo,” the official said.
“ M o r e t h a n 8 0 % t r a i n s o f North Central Railways (freight) are plying over EDFC during Kumbh Mela. DFCCIL has an arrangement with Indian Railways where Indian Railways pay a certain amount to DFCCIL as Track Access Charges for utilising its network,” the official added.
The decision taken by the Indian Railways marks the first instance wherein freight operations have been diverted to the EDFC from the railways’ network. EDFC runs from Ludhiana in Punjab to Dankuni in West Bengal covering a distance of 1337 km.
While freight trains during Maha Kumbh Mela will mostly ply on the EDFC route, feeder lines will allow the trains to connect to the Indian Railways network to offload and pick up cargo. The commodities being transported through the diverted freight trains
include coal, fertilisers, food grains, steel coils, limestone and granite.
While the official highlighted that DFCCIL would like the diverted freight operations to continue well beyond the Maha Kumbh Mela with all freight operations eventually transitioning to EDFC, a senior official from Indian Railways outlined that the freight d i v e r s i o n a s o f n o w h a s b e e n undertaken as a temporary measure to address the traffic congestion on the Indian Railways network.
“The freight train diversion to EDFC has been undertaken based on day-to-day requirements. The railway network running through the Kumbh Mela is one of the congested routes of Indian Railways. Senior most officials from Indian Railways are monitoring the situation on an hourly basis,” said Dilip Kumar, Executive Director of Information and Publicity, Railway Board.
THIRUVANANTHAPURAM: The Kerala State Govt is set to approve the ambitious Outer Area Growth Corridor (OAGC) project, aimed at creating an economic corridor as part of the Vizhinjam Port-led industrialization. The revised masterplan, submitted by the OAGC consultant, Capital Region Development Programme (CRDP)-II, will soon be reviewed by the state cabinet for clearance.
According to APM Mohammed Hanish, principal secretary, industries, the OAGC will be implemented swiftly due to global investor interest in setting
up industries near the port To expedite the process, the govt may opt for land acquisition instead of land pooling, which would take more time Kerala Industrial I n f r a s t r u c t u r e D e v e l o p m e n t Corporation has been tasked with a c c e l e r a t i n g l a n d a c q u i s i t i o n proceedings Hanish, currently in Davos ahead of the global investors meet in Kochi next month, noted that investors are eager to invest in businesses related to the Vizhinjam port, with similar responses received in Dubai.
“We need to ensure that land is
available close to the port Land pooling proceedings will take time Hence, we will go for land acquisition, and Kinfra has already started the process The state cabinet will approve the OAGC project verysoon,”MohammedHanishsaid. CRDP special officer Ajit Kumar also confirmed the imminent approval of the OAGC project. He said the Union govt’s approval for the Neopolis integrated township project at Technopark Phase IV is expected soon. Recently, the Union ministry of urban affairs requested clarifications about the project.
Maharashtra signs MoUs worth Rs. 4.99 lakh crore at Davos
DAVOS: Maharashtra signed memorandums of understanding (MoUs) worth Rs 4 99 lakh crore, on the first day of the World Economic Forum in Davos These investments are expected to generate 92,235 jobs
The most significant MoU, worth Rs 3 lakh crore, was signed with JSW Group for investments in steel, renewable energy, infrastructure, cement, lithium-ion batteries, solar wafers,andcellmodules
The World Economic Forum (WEF) 2025 began its annual meeting in Davos, Switzerland, on Monday with a call for ‘collaboration for the intelligent age’ and signaling global e c o n o m i c b o o s t T h e I n d i a n contingent is the largest ever this year with the Centre and States
coming together in the skiing resort town at the global business summit.
Historic day for Maharashtra at Davos
The first MoU signed at Davos was for the Maoist-affected Gadchiroli district The agreement, worth Rs. 5,200 crores, was signed with Kalyani Group for projects in defence manufacturing, steel production, and
electric vehicles and is projected to generate 4,000 jobs in the district.
Infrastructure, Balasore Alloys Ltd , Viraj Profiles Pvt Ltd , AB InBev, JSW, Vari Energy, Tembo, Blackstone, Panchshil Realty, Avni Power Batteries, GenSol, Bisleri International, and others The investments cover logistics, automobiles, steel, electronics, IT,
entertainment.
Chief Minister Shri Devendra Fadnavis said that,” this is a historic day for Maharashtra while it’s snowing outside in Davos, the investment flow inside has created a warm atmosphere“.
Calibrated tariff simplication a priority for India : Ashwini Vaishnaw
DAVOS: A "calibrated" tariff structure simplification remains a priority for the Modi Government, as it views exports as a key driver of the next phase of economic growth, Union Minister Ashwini Vaishnaw said recently, exuding confidence that India will sustain a 6-8% real expansion rate for years.
Highlighting a "change in the mindset" and growth strategy, the minister said: "Earlier, we were
looking at import substitutionmanufacturing for the domestic demand. Now, we are looking at 'Make in India, Make for the World'; we are looking at export-led growth as the next phase of growth."
The simplification of customs laws and procedures is also in the works, he added.
Vaishnaw was speaking on India's Economic Blueprint at the World Economic Forum in Davos.
His statement comes at a time when American President Donald Trump has threatened to impose extra import duties on countries with which the US has a negative
Mexico and Canada could bear the
policies, given their massive trade surplus with the US, India may also face some heat, experts have cautioned
MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports
NEW DELHI: Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP) As per latest the Government data, industry exports have increased from Rs 3.95 lakh crore in 2020-21 to RS 12.39 lakh crore in 2024-25 While these figures highlight the sector’s potential as a growth driver, it continues to recover from the challenges brought by the pandemic, along with pre-existing issues that have persisted over time.
The MSME Ministry set a target of increasing the sector’s contribution to the GDP to 50% by 2025 However, achieving this goal may be uncertain as the lingering economic effects of the pandemic weigh heavily on the sector Notably, its GDP contribution had already declined to 30 5% in FY20, down from 32.2% in FY15, even before the pandemic hit.
Various industry watchers have pointed out that while several MSME schemes have been introduced over the years, challenges persist This underscores the need for more effective implementation to ensure these initiatives achieve their full
potential and provide meaningful support to the sector.
“Only 16% of SMEs receive timely finance, and a Rs 20-22 trillion credit gap remains Additionally, 86% of m a n u f a c t u r i n g M S M E s a r e unregistered, limiting access to financial support Over 2 18 lakh delayed payment cases on the Samadhan portal highlight the need for stricter enforcement measures,” highlights Sanjay Bhardwaj, associate partner at Forvis Mazars India.
Rohit Agarwal of Urban Space further highlights that despite being a significant initiative for the MSME sector, the implementation of the Credit Guarantee Fund Scheme for M i c r o a n d S m a l l E n t e r p r i s e s (CGTMSE) posed various challenges, especially for players in the home furnishing industry
“Many MSMEs are unaware of the scheme or unclear about eligibility. Despite being collateral-free, lenders often impose additional conditions, making access difficult Approval d e l a y s h i n d e r t i m e l y f u n d i n g , especially in a seasonal industry The scheme doesn’t address unique needs
like design innovation, technology upgrades, or global compliance,” Agarwal explains.
Union Budget 2025: Industry Expectations
Finance Minister Smt. Nirmala Sitharaman will present the Union Budget 2025-26 on February 1 in the parliament. Meanwhile, anticipation is mounting among MSMEs as they await measures that could address their challenges to support their growth.
Rahul Ahluwalia, co-founder of the Foundation for Economic Development, believes that now the country requires extremely simple regulations related to cross-border payments for Indian businesses to sell their products in foreign markets without dealing with mountains of red tape.
Jain recommends that the Income Ta x r a t e s f o r p r o p r i e t o r s h i p , Partnership firms and LLPs which comprise the majority of MSMEs should also be reduced to the level of 25% for old and 15% for new enterprises in line with similar tax rates announced by the Government for Corporate entities.
Top companies evince interest in Rs. 7,056 crore outer harbour project at Thoothukudi re-tender
TUTICORIN: Large companies
like Adani Ports and Special Economic Zone, DP World, Jan De Nul, Vedanta Group, JM Baxi & DBGT were some of the major players who have evinced in the Rs 7,056 crore outer harbour project at Thoothukudi for which a re-tender was issued in December Meanwhile, the Viability Gap Funding (VGF) for the project has been increased to make the project attractive Officials from the large companies participated in the preb i d m e e t i n g h e l d l a s t w e e k , according to sources
On VGF, the RFP document said it would be limited to a maximum of Rs. 1,950 crore or an actual quote,
whichever is lower However, the Detailed P roject Report said, “Government support as VGF for construction of breakwater, dredging in the basin and channel and fund construction of the project in the tune of Rs. 2,500 crore.”
The financial analysis shows that the project is an edge of the viable on a standalone basis The p
Greenfield Port, construction of a world class greenfield port requires heavy investment in civil works such as breakwater, dredging and reclamation that does not generate any direct revenues International experience also indicates that there
are very few green-field projects where costs of breakwater, dredging, reclamation have been fully financed and developed by a private investor. Hence, substantial financial support from the Gover nment will be required for the project to make it financially viable, the DPR said.
Rail connectivity
On rail connectivity, the port said it is in the process of planning the railroad connectivity of the proposed project. The rail facility till the entrance of Outer Harbour Container Terminals will be provided by the C
Concessionaire shall develop the railway facilities from the entrance of the outer harbour terminals.
Liner Schedule Reliability impacted during Q4 : eeSEA
COPENHAGEN: The pervasive headwinds of Q4 24 translated into yet another decline in ocean shipping schedule reliability – but there are signs of a welcome respite for shippers on the horizon.
Liner database eeSea recently published its Schedule Reliability Scorecard, which reveals average delays reached 4.8 days globally in Q4, up on Q3’s average of 4.5 days.
T h e p e r i o d w a s “ r i f e w i t h challenges, and it shows”, said eeSea.
“While still comfortably shy of the worst global delays of 7.7 days during the peak Covid years, 2024 delay averages for each quarter sit firmly in the early-mid 2021 range of between four and five days,” it added.
Strikes at Canada’s West Coast
ports of Vancouver and Prince Rupert meant transpacific trade suffered a decline of 1 6 days However, the region “displayed resiliency in the face of heavy odds” when compared with the Asia-US East Coast trade, which saw a decline of 3.2 days as a result of the three-day ILA strike at ports there at the beginning of October.
However, eeSea also notes that persistent reliability decline could be “on the way out”.
“Global reliability continues to decline in moderation, but there are signs of relief amongst specific trades and hope for Red Sea crisis-impacted regions,” it said.
The additional 0.3-day delay s e e n i n Q 4 c o m p a r e s w i t h a
0.5 increase in Q3, 0.6 days in Q2, and 0 9 days in Q1, indicating that reliability was at least improving And, according to eeSea data, delays on Asia-North Europe stabilised in Q3 24 and improved in Q4 by 0 1 day, while the AsiaMediterranean trade “made a big comeback”, gaining back 1 7 days
“This positive trend could be massively boosted in Q1 25 if the Israel-Gaza ceasefire holds,” added eeSea.
According the the scorecard, Danish carrier Maersk retained its title as the most reliable carrier, with an average delay of 2.4 days, followed by CMA CGM at 3.6 days, Cosco at four days, and Hapag-Lloyd at 4.7 days.
Indian Register of Shipping commences celebrations as it enters 50th year
M U M B A I : I n d i a n
Register of Shipping (IRS), a leading classification society, enters 50th year, marking half a century of commitment to maritime safety, quality, and innovation. The organisation commenced year-long celebrations on its foundation day 4th April by unveiling a series of initiatives.
evolution over past five decades
Starting off the celebrations is t h e d e b u t o f I R S ’ 5 0 t h y e a r commemorative logo. The logo symbolises progress, honouring the organisation's
s
ous h i s t o r y w h i l e e m b r a c i n g t h e f u t u r e . A c o m p a s s a n d collaborative motifs are embedded in the logo, evoking movement and progress, reflecting the IRS's
IRS also launched its new strapline, "Powered by Passion Driven by Values.", a statement that reflects the organisation's relentless pursuit of excellence, fuelled by its u n w a v e r i n g
c a t i o n a n d enthusiasm While passion drives every endeavour, integrity, honesty and respect serve as the foundational pillars of IRS.
Adding to the celebrations is the introduction of IRS’ new flag, symbolising the organisation’s
commitment to global m a r i t i m e i n t e r e s t s
Furthermore, IRS also released a teaser video that offers a glimpse of its upcoming corporate video.
“ I n c e l e b r a t i n g 50 years of excellence, I n d i a n R e g i s t e r o f Shipping reflects on its rich heritage and looks ahead with enthusiasm and determination,” says M r A r u n S h a r m a , Executive Chairman.
“With the introduction of our 50th Anniversary logo, a new strapline and other initiatives, we are reaffirming our commitment to advancing maritime progress. We are grateful to our stakeholders, partners, and employees for their unwavering support throughout the decades.”
As part of its golden jubilee celebrations, IRS will host several events, initiatives, and collaborations to reinforce IRS' position as a leader in maritime classification and certification.
Mumbai International Airport dominates India’s 2024 Air Freight, achieving 17% growth in International Cargo
MUMBAI: Chhatrapati Shivaji Maharaj International Airport (CSMIA) concluded 2024 with r e m a r k a b l e a c h i e v e m e n t s , fortifying its status as a pivotal element of India’s air freight landscape by reaching new heights in cargo operations The airport experienced a significant 17 percent increase in international cargo volumes, setting a record with a daily tonnage peak of 204 metric tonnes (MT) This achievement u n d e r s c o r e s t h e a i r p o r t ’ s dedication to fostering efficient global trade connections.
At the Cargo Terminal, both international and domestic freight sectors saw substantial growth In March 2024, a new record was established when 60,659 MT of international cargo was processed, highlighting the airport’s strategic importance and operational prowess. Over the year, CSMIA expanded its global reach by adding flights to 687 international cities, including new routes to Tripoli, Khabarovsk, Kaliningrad, Zhukovsky, Tyumen, Damascus, Honinabi, and Chisinau.
On the domestic front, CSMIA solidified its role as an essential
logistics hub, with a focus on
products, and dangerous goods, thus playing a crucial role in a robust air cargo network. The international cargo split was 55 percent for exports and 45 percent for imports. The
Frankfurt, Chicago, Dubai, and Amsterdam
Key sectors driving growth
automotive goods, which saw yearover-year increases of 24 percent, 22 percent, and 20 percent respectively Domestic sectors were led by automotive goods with an impressive 31 percent growth, followed by engineering goods at 22 percent and postal ser vices at 15 percent. The festive period boosted the e-commerce sector significantly, with international shipments growing by 53 percent year-over-year and domestic e-commerce goods seeing an 11 percent rise Agricultural exports also achieved record levels, with mango shipments reaching around 4,700 MT
The year was highlighted by
introduction of a new 10 MT scale in the export area and a comprehensive upgrade of the main entrance featuring state-of-the-art security and vehicle control technologies. These advancements boosted both the
operations. The continued excellence of CSMIA was celebrated with its sixth consecutive “Cargo Airport of the Year Award” at the Air Cargo India event, affirming its leadership status w
sustainability initiative was the disposal of 151 MT of unclaimed cargo, showcasing the airport’s
stewardship.
With strategic investments in infrastructure, digital innovation, and operational excellence, CSMIA is positioned as a leader in the international air cargo logistics arena. As the air cargo sector in India looks toward a promising 2025, CSMIA is well-prepared to continue enhancing its services, driving o p e r a t i o n a l e f f i c i e n c y, a n d establishing new standards in the global cargo industry
Shamim 22/01 Bandar Abbas-Jebel AliConstanta-Chabahar Glamor 22/01
Mercury J 22/01 Sudan
An Hai Pearl 22/01 China
Sanmar Sitar 22/01
Marigold 23/01 China
AS Alexandria 23/01 Pipavav-CochinTuticorin-Kattupalli
Ginga Cougar 23/01
Inter Sydney 25/01 Nhava ShevaBandar Abbas Xin Long Yun 58 25/01 Port Klang-ColomboJebel Ali-Khor Al FakkanNhava Sheva-Mundra-Aliga Venetia 26/01 China
Stream Transatlantic Dariya Shpg.
Ultra Leopard Interocean
LIQUID CARGO VESSELS
Stream Bow Titanium GAC Shpg.
Stream DM Dragon Samudra
OJ-IV Hakuba Galaxy GAC Shpg.
Stream KG 7 Samudra
28/01 Lila Confidence GAC Shpg.
Stream M Bright Samudra Indonesia
31/01 No.5 Ocean Pioneer Samudra
Stream No.6 Ocean Pioneer Interocean Indonesia
OJ-VII Patridge Paicific Marinelinks
Stream PVT Dawn JMBaxi
27/01 Ruico Sapphire Interocean
Chemicals
CDSBO
Chemicals
T. CDSBO
Chemicals OJ-V Sakura Shuchi JMBaxi
Stream Sakura Spirit ISS Shpg.
28/01 Stolt Argon JMBaxi
Stream Stolt Glory JMBaxi
Chemicals 27/01 Stolt Kashi JMBaxi
Stolt Pondo JMBaxi
Theresa Singapore JMBaxi
SHIPS SAILED WITH EXPORT CARGO
VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT
DP WORLD MUNDRA
Qingdao, Busan, Kwangyang,
Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX) 01/02 01/02-AM Wan Hai 613 67E 5010414 Heung A / WHL Sinokor (I) / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo,
Asyad Line Seabridge Marine Haiphong, Laem Chabang, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT in Port Zhong Gu Hang Zhou24005E 5010191 Global Feeder Sima Marine Karachi (CSC) 26/01 26/01-AM Kmarin Azur 504W 5010299 Maersk Line Maersks
CONTAINER VESSELS DUE
25/01 Wan Hai 501 (V-253W) 4010267 Wan Hai Line Karachi 26/01 X-Press Phoenix (V-24056E) 5010367 X-Press Feeder Karachi 27/01 W Klaipeda (V-504W) 5010361 Maersk India Jebel Ali
29/01 Norderney (V-90W) 5010212 Unifeeder Agency Jebel Ali 26/01 Kmarin Azir (V-504W) 5010299 Maersk India Nhava Sheva 01/02 Wan Hai 613 (V-67E) 5010414 Wan Hai Line Nhava Sheva
Seatrade Peru (V-3W) Nhava Sheva 22-01-2025 Interasia Tenacity (V-1E) Port Kelang 22-01-2025 Beijing Bridge (V-2408) Port Kelang 23-01-2025
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
30/01 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC)
30/01 29/01-PM Zhong Gu Gui Yang 2501E 2500253 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 31/01 Evergreen/KMTCEvergreen/KMTC (FIVE)
05/02-PM X-Press Capella 25001E 2500434 One/X-Press Feeder OneIndia / SC-SPL Port Kelang, HongKong, Shanghai, Ningbo, Shekou. (CWX) 07/02 KMTC /TS Line KMTC India/TS Line (I) Port Kelang, Hongkong, Sanghai, Ningbo. (CWX)
05/02 05/02-PM Zhong Gu Yin Chuan 25001W SeaLead SeaLead Shipping Mombasa, Dar Es Salaam (ANIDEA) 27/01 TBA KMTC/COSCO KMTC / COSCO Shpg. Port Kelang, Hongkong, Qingdao. (AIS) TS Lines Samsara Shpg TBA Hyundai Seabridge Maritime Singapore, Da Chan Bay, Busan, Kwangyang, Shangai. (FIM EAST) TO LOAD FOR INDIAN SUB CONTINENT
28/01 28/01-AM Navios Unite 2E
ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)
PIPAVAV PORT
ETA Cut Off/Dt.Time Vessels Name Voy VCN LINE AGENT WILL LOAD FOR
TO LOAD FOR MED., BLACK SEA, U.K., NORTH CONTINENT AND SCANDINAVIAN PORTS
31/01 30/01-1800 Maersk Sentosa 504W 25031 Maersk Line Maersk India Algeciras 01/02 07/02 06/02-1800 W Kithira 505W (MECL) 08/02 TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND
PACIFIC ISLANDS
29/01 29/01-1900 GSL Christen 505E 25035 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 30/01 01/02 01/02-1900 GSL Nicoletta 506E X-Press Feeders Merchant Shpg. Ningbo. (NWX) 02/02 Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan.
29/01 29/01-0001 MOL Presence 020E 25040 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 29/01 04/02 04/02-2230 Dimitris Y 0251E24045 ONE ONE (India) (TIP)
30/01 29/01-0600 Yantian 1 14E 25038 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 31/01 01/02 31/01-0600 Xin Da Yang Zhou 098E 25037 Gold Star / RCL Star Shpg/RCL Ag. Nansha New Port (CIXA)
16/02 15/02-0600 OOCL Hamburg 155E
01/02-1000 Conti Conquest 030E 25041 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 02/02 07/02 07/02-1000 Conti Crystal 139E HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 08/02 03/02 02/02-0900 OOCL Atlanta 163E 25043 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou,
05/02-0900 Xin Beijing 150E 25044 Nansha, Port Kelang (CI1)
31/01 30/01-1800 Maersk Sentosa 504W 25031 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 01/02 TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL SERVICE
In Port —/— SSL Bharat 170 25039 SSLSSL Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 27/01 29/01 29/01-1900 GSL Christen 505E 25035 Maersk Line Maersk India Colombo. (NWX)
29/01 29/01-0001 MOL Presence 020E 25040 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo. 29/01 04/02 04/02-2230 Dimitris Y 0251E24045 ONE ONE (India) (TIP)
30/01 BLPL Trust (V-1501E) Transworld Transworld GLS Far East 31/01 27/01 Dubai Tower (V-25002R) X-Press Feeder/MSC Sea Consortium/MSC Ag Red Sea
CB-5 ESL Da Chan Bay (V-25001E) Unifeeder/KMTC Unifeeder/KMTC(I) Far East & 1118895 28/01 03/02 Ever Eagle (V-186E) Hapag/Evergreen ISS Shipping/Evergreen Shpg. Colombo 04/02 ONE/TS Lines ONE (I)/TS Lines(I)
One Arcadia (V-071E) 26-01-2025 Pipavav GSL Eleni (V-503E) 25-01-2025 Mundra
One Reinforcement (V-004E) 26-01-2025 ACMTPL
One Reliability (V-0012E) 27-01-2025 Colombo
Hyundai Saturn (V-0048W) 23-01-2025 AICT SM Neyyar (V-503W) 24-01-2025 Jebel Ali TB Bright City (V-35INDSTP) 24-01-2025 Mundra Cstar Peter (V-2501W)
GTI
CMD - CONCOR highlights its commitment to Sustainable Logistics
NEW DELHI: A t t h e 1 1 t h
PHDCCI Global Rail Convention on January 23, 2025, Shri Sanjay Swarup, CMD of CONCOR, highlighted the company’s commitment to sustainable l o g i s t i c s d u r i n g t h e "Chai Pe Charcha" session.
Shri Swarup highlighted CONCOR’s ESG-focused
i n i t i a t i v e s , i n c l u d i n g deploying LNG trailers, conducting trials with EVs, p l a n s f o r n e t - z e r o warehouses , establishing N o r t h I n d i a ' s 1 s t L N G s t a t i o n s a t M M L P s i n Khatuwas (Rajasthan), and planning to set up a second LNG station at MMLP Dadri (Uttar Pradesh).
He also emphasized CONCOR’s advancements in IT, such as AI-based Terminal Management Systems, mobile app-enabled first/last-mile logistics, real-time container tracking, and online container booking to simplify business operations.
The discussion showcased CONCOR’s robust infrastructure, featuring four MMLPs along the DFC at Khatuwas, Dadri, Swarupganj, and Vernama, as well as the successful operation of time-tabled trains on the corridor. Shri Swarup reaffirmed CONCOR’s expertise in providing sustainable, seamless, and customer-centric logistics solutions.
Naming Ceremony of Höegh Sunlight- the fourth Aurora Class vessel
OSLO: The sun rises in the east and today, our fourth Aurora newbuild, the Höegh Sunlight, saw the light of day at a grand naming ceremony at the Taicang Haitong Auto Terminal.
She commenced her LNG-powered maiden voyage to Europe, fully loaded with Chinese cargo, shortly after the fireworks.
We now have four of the world’s largest and most environmentally friendly car carriers sailing the seas.
The 9,100 CEU Höegh Sunlight is a true marvel of modern engineering and a testament to our vision of a more sustainable future.
relentless quest toward a greener future and a transformed industry
With our Auroras, we are proving that change is possible and that decarbonization is achievable in a sector known for being hard to abate.
Our groundbreaking newbuild program, the Aurora Class, is a unique milestone and a pivotal moment in the history of deep-sea transportation.
Today’s celebrations are not only marking the handover of a ship; they once again underline our
The Höegh Sunlight will reduce carbon emissions by 58 percent per transported car compared to the current industry average.
In 2027, when the first Aurora is powered entirely by clean ammonia, nearly all carbon emissions will be eliminated.
With the Höegh Sunlight and our Aurora Class, we are sailing for sustainability.
CEO, Andreas Enger, says: “Taking delivery of four of the world’s largest and most environmentally friendly PCTCs within six months is a decisive step to renew the company and our industry We are pleased to celebrate this milestone with customers and partners duringherfirstcargooperationinTaicang.”
COO, Sebjørn Dahl, adds: “Never in our nearly 100-year history have we built so many vessels in one newbuild program, such large vessels, so technically advanced, so green, and so many at the same time and at this speed. We are indeed an agile, bold, and professional team at Höegh Autoliners.”
