MUM-28-07-2023

Cochin Port registers growth in Liner Shipping connectivity

KOCHI: Marking a growth in international connectivity postpandemic, the Cochin Port registers a jump in port liner shipping connectivity index prepared by United Nations Conference on Trade and Development (UNCTAD). The index, which indicates a country’s position within global liner shippingnetworks, shows a 21.8% growth in the second quarter of this year when compared withthefirstquarter.

According to the recentlyreleased data, the connectivity index has increased from 18.8 in the first quarter of this year to 22.29 in the

second quarter. It is the first time after the third quarter of 2019 that the UNCTADindexofthePortcrosses20.

At present, two main line services are operating from Cochin Port – one connecting different ports in Europe and the other one connecting ports in China. Apart from this, five foreign feeder services and five coastal servicesareoperatingfromthePort.

It was a month ago that DP World, which is operating the International Container Transhipment Terminal, launched a weekly service ‘PIC2’ to strengthentheIndia-WestAsialink.

The service, with a 2,407 TEUs vessel capacity, provides connectivity of Kochi with Chennai, Krishnapatanam, Visakhapatnam, Tuticorin, Kandla, Karachi, and

JebelAli.Withthisservice,CochinPort provides four direct sailing weekly servicestotheMiddleEastregion.

Aseniorofficialofthetrafficwingof Cochin Port Authority (CPA) said that thejumpintheindexwasaresultofthe marketing strategies adopted by CPA toincreaseconnectivityofthePort.

“We had launched various concession schemes to increase traffic at the port. The data will help Cochin Port establish its powerful position in the global logistics market,”saidtheofficial.

CDNandakumarofCochinPort Employees’ Organisation said that increasing shipping connectivity of theportisalwaysapositivetrend,but we should observe the situation closelyforsomeperiod.

First Rupee trade shipment from Petrapole border to Bangladesh

DHAKA: The first Rupee Trade shipment from West Bengal’s Petrapole border to Bangladesh took placeonTuesday,anofficialsaid.

Petrapole, located in North 24 Parganas, is the major land port for bilateral trade with the neighbouring country.

The Indian Government has been promoting Rupee trade with several countries to save forex, aiming at reducing dependence on the US Dollar and strengthening regional currencyandtrade.

This will have a similar impact on theneighbouringcountry.

“It was a shipment of vehicle chassis from Tata Motors, and the value of the shipment is Rs 1.23 crore,” said Kamlesh Saini, the Manager of the Land Ports Authority ofIndia(ICPPetrapole).

“This shipment is in Indian Rupees,anditwillgivefurtherfillipto exports,”hesaid.

Banks in Bangladesh and India have been given permission to open nostro accounts. It is an account in a bank of another country for the purpose of foreign currency transactions.

Earlier this month, at the Rupee

trade launch event in Dhaka, Bangladesh Bank Governor Abdur Rouf Talukder described the start of trade settlement in rupees as the “firststepinagreatjourney.”

The governor of Bangladesh’s central bank had said the transaction costs during trade with India would reduce with the introduction of the Taka-Rupee dual currency card, which was “almost ready to be launchedfromSeptember.”

According to the latest data, Bangladesh’s imports from India are worth $13.69 billion, and exports to Indiaamountto$2billion.

Chinese Taipei agrees to solve WTO dispute with India : MoS Commerce

NEW DELHI: After the European Union, Chinese Taipei has agreed to resolvethedisputeattheWorldTrade Organisation with India regarding tariffs on some information technology and telecom products by Indiabilaterally.

“The EU and Chinese Taipei have made a request to the Dispute Settlement Body at WTO to defer

the adoption of the Panel report until 19 September 2023. This deferral is intended to create an opportunity for all parties to work towards a Mutually Agreed Solution (MAS),” Minister of State in the Ministry of Commerce and industry Anupriya Patel said in Lok Sabha.

TheEUhadchallengedtheIndian

import duties on information technology products like mobile phones and components, base stations, integrated circuits and optical instruments in April 2019. The EU had claimed that the measures appeartobeinconsistentwithcertain provisions of ITA of the WTO. Later, Chinese Taipei and Japan joined the dispute.

Chinese Shipbuilder GSI delivers MSC Noa Ariela

See Pg. 6

Air India aims to boost Indian cargo ecosystem, eyes 300% growth in 5 years

See Pg. 5

UAE and US firms join hands to develop Green Ports in India

See Pg. 13

Port : Launch of 1st Industrial-scale renewable and low carbon fuel platform

HAROPA

LE HAVRE: As part of the "Grand Canal du Havre" call for projects, through the conclusion of s ta te t it le s, HAROPA PORT has awarded ENGIE 24 ha of land for the development of a benchmark platform for alternative new industrial fuels embodied by the Salamandre and France KerEAUzen projects. This award is an essential step in the development of these projects and the low-carbontransitionoftheindustrialportzone(ZIP).

India targets 12% annual merchandise export growth for $1tn vision: DGFT's Santosh Sarangi

BHUBANESWAR: The Indian Government aims to achieveUSD2trilliontotalexportby2030,onetrillioneach in merchandise and services.

Santosh Sarangi, IAS, Director General, Directorate General of Foreign Trade, New Delhi, Government of India, said that currently India's export is USD 450 billion, and to reach USD one trillion mark, the countryneedstogrowatyear-on-yearrateof12%. Cont’d. Pg. 5

ENGIE and its partner CMA CGM, a world leader in sea transport and logistics, also confirmed the development of the Salamandre plant in Le Havre, the world’s first renewable gas production unit based on pyrogasification and methanation technologies for sea transport.

To meet the needs of the airline industry, ENGIE is to launch the feasibility study for France KerEAUzen, a synthetic fuel production unit based on a combination of renewablehydrogenandCO2suppliedbySalamandreand otherlocalindustries.

Mundra Port accelerates dispatch of Containers

It surpasses pre-cyclone levels, reducing congesons & delays

AHMEDABAD: The average number of TEUs (twenty-foot equivalent units) handled byrailattheMundraporthascrossed5,300in July, surpassing the pre-Cyclone Biparjoy levels of around 4,900 The number of double stackcontainertrainshasalsoincreasedby33%post-cyclone, acceleratingtheirclearancefromtheport

Cont’d. Pg. 6

Seahorse Ship Agencies Pvt. Ltd

PSA Innovates with OptETruck, a Digital Solution for Singapore’s Haulier Sector to Achieve Fleet Optimisation

SINGAPORE: As part of efforts to further digitalise and decarbonise the container trucking industry, PSA Singapore (PSA), with the support of Enterprise Singapore, has developed OptETruck, a proprietary cloudbased transport management solution which uses artificial intelligence (AI) to facilitate smarter trip planning and eliminate operational inefficiencies for the haulier community in Singapore. It will help hauliers improve asset utilisation, reduce carbon emissions, as wellasoptimiseoperatingcosts.

One key feature of OptETruck is automated scheduling, which is enabled by a real-time resource matching algorithm and predictive modelling to maximise resource utilisation. With this, OptETruck can match and recommend jobs so that hauliers are able to reduce the number of empty trips1 made across various supply chain nodes. Another important feature of OptETruck is asset pooling. This feature enables hauliers and their partners to share resources, allowing themtooptimisetheirfleetandtrips.

Multiple haulier companies have already onboarded OptETruckandwiththetwokeyfeatures,theyhavebeen able to reduce empty truck trips by over 50%. This translatestoanannualreductionofabout10millionkgof CO2 emissions, which is equivalent to 300,000 trees plantedinayear.

Recently, OptETruck received the Digital Achievers (Team) award at the Tech Leader Awards 2023, a testament to PSA’s commitment in digital transformation to co-create agile, resilient, and sustainable supply chains with our partners and stakeholders.

OptETruck, together with PSA’s two other digital solutions - *SmartBooking™ and iBOX™ - will be

and a Greener Footprint

integrated to form an intelligent logistics ecosystem to digitally connect container terminals, depots, hauliers, andlogisticsfacilitiesinSingapore.

Ms Seow Hwee, Head of Port+ Business, PSA Southeast Asia, said, “OptETruck and the full suite of digital solutions will strengthen and bring about a smarterandmoresustainablesupplychainandlogistics ecosystem in Singapore. Harnessing the support from our partners and stakeholders, PSA seeks to proliferate these innovative digital capabilities to the small and medium-sized enterprises, which will elevate the competitivenessofthehaulagecommunity,drivegreater business agility, and aid them to achieve their sustainabilitytargets.”

Mr Law Chung Ming, Executive Director of Transport and Logistics at Enterprise Singapore, said,“Digitalisationanddecarbonisationiskeytofutureproofing our SMEs in the logistics industry. As such, Enterprise Singapore will continue to support the development of innovative digital solutions such as OptETruck,whichcanenhancetheproductivityofSMEs at the industry-level by encouraging job and asset sharing.Wehopetoseemorelogisticscompaniesbenefit from such solutions that enable them to optimise manpowerandresourcesandenjoycostsavings.”

Mr Pandian Nachiappan, Managing Director at Paltrans Logistics Pte Ltd, said, “OptETruck seamlessly amalgamates the functionalities of depot booking, Portnet processes and transport management into a unified platform, offering invaluable support to SMEs like Paltrans. Being userfriendly, OptETruck effectively streamlines our operations by alleviating labour-intensive tasks, saving both time and expenses. Its exceptional features like recommendations for the fastest routes, truck pooling and automated scheduling greatlyenhancedourefficiencyandproductivity.

India targets 12% annual merchandise export growth for $1tn vision: DGFT's Santosh Sarangi

Cont’d. from Pg. 3

'Similarly, in service sector we need to grow at 16.6 percent on an average every year,' Sarangi said at theWorldTradeDay2023programme in Bhubaneswar organised jointly by WorldTradeCentersinfourcities,viz. Mumbai, Bhubaneswar, Jaipur and Goa.

The event focused on creating awareness about international trade'simpactontheState'seconomy and regional growth. The event was marked by a discussion on the theme 'International Trade - Growing BusinessAcrossBorders'.

'Odisha needs investment in Pharmaceuticals and Plastics sectors togrowitsexportscenario.Majorityof

the exporters are from places like Mumbai, Delhi, Chennai, Gujarat etc andnotfrominteriorplacesofthestate like Sambalpur, Bolangir, Raygada etc even though there is huge potential fromsuchplaces.Inordertobridgethe gaps, DGFT shall organize workshops focused on e-commerce in collaboration with the State Government. These workshops shall provide end-to-end assistance on onboarding, payment gateways etc. We will also ensure the facilitation of Export Incentives like RODTEP are made accessible. We have recently signed three FTAs (Free Trade Agreement) and working towards signing more FTAs with countries in nearfuture.'Sarangiadded.

In his view, the country's 'World TradeCenters'canhelptheexporters of the state by handholding them and actingasabridgebetweenthecentral as well as the State Government to ensure Odisha has a better trade footprintontheglobalmap.

Petula Thomas, CEO of Indo-Australian Chamber of Commerce, highlighted the potential for trade collaborations between India and Australia in various sectors likemetals&mining,foodprocessing, and educational services. She highlighted how WTC can act as a greatplatformforsuchcollaborations where both the countries can work towards better trade relations and surgeinbilateraltrade.

Asyad Group hosts Chinese Trade Delegation

MUSCAT:

Asyad Group, Oman’s global integratedlogisticsprovider,hosteda Chinese trade delegation accompanied by HE Ambassador Nasser Mohammed Albusaidi, the Sultanate of Oman’s Ambassador to thePeople’sRepublicofChina.

Asyad presented its journey of excellence, highlighting the role of Oman’s integrated logistics ecosystem in strengthening economic ties, enabling trade between the two nations, and promoting international cooperation andsustainabledevelopment.

During the visit, Asyad Group showcased its sustainability and innovation-based initiatives across Oman’s integrated logistics

ecosystem

Additionally, the Group introduced the delegation to the vast investment opportunities and limitless potential that the Sultanate hastooffer.

From competitive incentive packages in its free and economic zones to a wide-ranging services portfolio which includes ports, shipping, drydock, direct lines, transshipment,e-commerceandlastmile delivery, Asyad Group continues to leverage its integrated logistics ecosystem to create a thriving business environment positioning Oman as an ideal investment destination.

The Chinese delegation’s visit is the latest in a series of visits hosted by Asyad with the aim of expanding its network of partnerships with global trade and industry actors. Such targeted collaborations with major international players are part of Asyad Group’s strategy to actively promote Oman’s competitive logistics sector and cement the Sultanate’s position as a globallogisticshub.

Air India aims to boost Indian cargo ecosystem, eyes 300% growth in 5 years

MUMBAI: Air India has placed orders for wide-body aircraft of 34 A350-1000, six A350-900, 20 Boeing 787 Dreamliner, and 10 Boeing 777X wide-body aircraft, thus bolstering India’s cargo ecosystem, the airline announced.

“At Air India, we see a huge potential in the air cargo industry, which the Indian Government plans to grow to 10 million tonnes by 2030. Our cargo division is implementing a series of strategic measures aimed at fostering growth and strengthening ourmarketpresence,” AirIndiaCEO andMD,CampbellWilson, said.

With this, Air India’s annual cargo capacity will increase by an impressive 300 per cent to 2 million tonnes over the next five years. It promises to provide the country with non-stop connection to key

exportmarketsglobally.

“ThebellycapacityoftheAirIndia fleet will grow significantly over the next few years, with the addition of new wide-body aircraft to its fleet this year and with most aircraft on firm order set to arrive from 2025, complementing India’s manufacturing and export growth,” theairlinesaidinarelease.

Not only will it support the economy but also help in generating greater employment prospects and boosting various business sectors, it added.

The airline further revealed that it also plans to deploy the latest IT solutions to strengthen the use of technology, including blockchain, AI, and drones to optimize productivity. It believes that these advancements will help it to deliver a wide range of

services with global capabilities including pharma logistics, door-todoor logistics with global partners, ande-commerce.

In its growth plans, Air India revealed to set up three 24x7 control centres to integrate and improve customerinterface,customerservice andoperationsefficiency.

The Tata-owned airline is also investing in capital expenditure for developing airport and logistics infrastructure with joint venture partnerSATS.

At present, Air India transports cargo to over 40 international as well as38domesticdestinations.However, to foster more exports, it aims to expand its reach further through strategic partnerships, interline partnerships and trucking network connections.

Mundra Port accelerates dispatch of Containers It surpasses pre-cyclone levels, reducing congesons & delays

Cont’d. from Pg. 3 These figures show the resilience and preparedness of Mundra port in handling Cyclone Biparjoy, which unleashed its wrathonGujaratinthemonthofJune.

The cyclone disrupted operations and caused unavoidable operational downtime for around six days. As the port authorities had taken precautions to ensure the safety of human lives, no such incidents were reported, reflecting the commitment to safety and disastermanagement.

Thanks to its well-prepared response and prompt action, the port focused on restoring operations and emerged stronger than ever. Container vessels are now able to berth upon arrival, reducing congestion and delays.Thependencyof containersintheyardhascome down to a reasonable level, with dispatches seeing a notableincreaseespeciallyontherailside.Post-cyclone, on 2 July, the port berthed the longest vessel MV MSC Hamburg, with a length of 399 m and width of 54m,withacarryingcapacityof15,908TEU.

Mundra is the largest container handling port in India, having handled more than 6.6 million TEUs in FY23, making it an integral gateway to the north and central parts of the country. Its strategic location is enhanced by its connectivity to the Western Dedicated Freight Corridor (WDFC), facilitating efficient movement of goods. Despite the disruption due to the cyclone, the port posted a commendable growth of 4.4% year-on-yearinQ1FY24incontainerhandling.

It has earned its reputation as the port of choice for major shipping lines such as MSC, CMA-CGM, Maersk,

and Hapag-Lloyd, thanks to its efficiency, reliability, and seamless operations, besides its customer-centric approach and state-of-the-art facilities. It also serves as a crucial hub for major container train operators like Concor, Gateway Distriparks Limited and HindTerminalsPrivateLimited.

Cognizant of growing demands, Mundra port is expanding its infrastructure. A new berth, T3, with a capacityof0.8millionTEUs,issettobecommissionedin Q3 of FY23. To augment container rail handling capacity, five new handling lines and two cantilever rail-mounted gantry (CRMG) cranes are being introduced. Also, improvements in the receipt and dispatch yard, as well as extension of existing lines to accommodate long-haul containers, is on. A new terminal operating system is being implemented to streamline processes and minimize manual interventions. It is also moving towards automation to reduce the man-machine interfaceandimproveoverallsafetyandefficiency.

Chinese Shipbuilder GSI delivers MSC Noa Ariela

SHANGHAI:

Chinese shipbuilder Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, hosted a christening and delivery ceremony recently for the 16,000TEU container ship named MSC Noa Ariela.

The containership was ordered back in March 2021 from Guangzhou Shipyard International as part of a series comprisingatotalofeightvessels.

Liner major from Switzerland MSC Mediterranean Shipping Co. is the owner of the vessels with China Ship Leasing Corporation and China Merchants Bank Financial Leasing Co providing financing in the form of directlease.

Notably, the first six ships have been designed to accommodate liquefied natural gas (LNG) power functions, while the remaining two ships will use LNGdual-fuelpropulsionsystems.

The New Panamax containership boasts impressive dimensions, with a length of 366 meters, a molded width of51meters,amoldeddepthof30.2meters,andadesign draft of 14.5 meters. Its cargo capacity allows it to accommodateupto16,616standardcontainers.

MSC Noa Ariela was designed by the Marine Design andResearchInstituteofChina(MARIC),withthemain engine provided by WinGD and a hybrid desulfurization

system by Shanghai Marine Diesel Engine Research Institute (SMDERI).

Key environmental technologies have been incorporated into the design, ensuringcompliancewiththelatest emissionstandards.

Namely, the scrubber-fitted containership is LNG-ready and features an advanced air drag reduction system, which injects air into the ship’s bottom surface, reducing sailing resistance and enhancing fuel efficiency.

In addition, a 4000KW shaft generator has been installed on board, enabling the ship to connect to the grid withthe maingenerator duringnormal sailing,thus ensuring a reliable electricity supply for the entire ship, andcontributingtoenergy-savingmeasures.

The ship is labeled as IMO Tier (NOx) III compliant, which means that it meets the nitrogen oxide (NOx) emission standards set by the International Maritime Organization (IMO) under Tier III of the MARPOL AnnexVIregulations.

TobeIMOTierIIIcompliant,ashipmustbeequipped with advanced emission reduction technologies, such as selective catalytic reduction (SCR) or exhaust gas recirculation (EGR) systems, which effectively reduce NOx emissions from the ship’s engines. These technologies convert NOx into harmless nitrogen and watervaporbeforeitisreleasedintotheatmosphere.

NORTH

Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre

North Cont., Scandinavian, Red Sea & Med. Ports.

North Cont., Scandinavian, Red Sea & Med. Ports.

North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos

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

North Cont., Scandinavian, Red Sea & Med. Ports.

North Continent & Scandinavian Ports. Dronagiri-3 Team Leader Team Leader Felixstowe, Rotterdam, Antwerp,

Kalko Faredeal

SCANDINAVIAN, RED SEA & MED. PORTS from NSIGT

SCANDINAVIAN, RED SEA & MED. PORTS from GTI

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

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

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

TO LOAD FOR WEST ASIA GULF PORTS From NSICT

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

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

COASTAL SERVICE MOVEMENT

02/0905/09

11/0912/09

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

Ever Ethic 162E

TBATBA Wide Alpha 238E

TBATBA Ever Eagle 174E

CISC Service

Shpg.

Tanjun, Pelepas, Singapore, Xingang, Balmer Law. CFS Dron.

Feedertech/TSA Qingdao, Shanghai, Ningbo. Dronagiri

PIL India/One(I) —/—

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

KMTC 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

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

Hongkong, Qingdao, Shanghai. 13/0814/08 TBATBA Hyundai Pluto 0031E P0821 277206-18/07 HMM HMM Shpg. Port Kelang, Singapore, Laem Chabang, Caimep, Kaohsiung, Seabird CFS 21/0822/08 TBATBA Hyundai Oakland 0124E

Maersk Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS

TS Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia Dronagiri-2

Far East & China Ports. China India Express Service (CIX/ICX)

Singapore, Kwangyang, Pusan, Shanghai, Ningbo Ocean Gate Sinokor Sinokor India Port Kelang, Singapore, Hong Kong, Kwangyang, Seabird CFS Busan, Shanghai, Ningbo & Other Inland Destination.

Gold Star Star Ship

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

TO

FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

TO

TO

FOR AUSTRALIA & NEW ZEALAND PORTS from BMCT

FOR EAST, 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

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

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

UAE and US firms join hands to develop Green Ports in India

NEW DELHI: US-based C4V, a lithium-ion battery technology company, has signed an initial pact with the UAE-based Trot Solutions to develop green and self-sustainable portsinIndia.

The pact covers converting the existingportsintogreenfacilitiesand jointly developing and enabling a strongsupplychainthroughC4Vgiga factories, the Press Trust of India news agency reported, citing a C4Vstatement.

Itfurtheraimstofosterinnovation

and research and development on high-end technologies in the green energyspace.Thetwocompanieswill also support power generation from renewables plus batteries to all port equipment, including electrification ofsmallvessels.

Trot Solutions, which specialises in providing infrastructure solutions for ports, shipping, and logistics, has a presence in the Indianportmarket.

C4V has successfully deployed its technologyinenergystorage,electric

-mobility and will develop green and self-sustainable ports in India with Trot Solutions, said Kuldeep Gupta, PresidentforStrategicPartnership atC4V.

“Our advanced battery solutions will enable ports to reduce their carbon footprint and play an important role in achieving the vision GreenIndiaby2030,”headded.

Rizwan Ali, Managing Director at Trot Solutions, stated the partnership will reduce the burden of the grid and enablepowerinruralareas.

Shanghai international trade exceeds $280 billion in H1

SHANGHAI: Shanghai's total import and export value hit RMB2.09 trillion ($280 billion) in the first half of 2023, an increase of 11.4% year-onyear,markinganewhigh.

Exports reached RMB846.3bn, up 15.2% year-on-year, while imports were RMB1.25 trillion, an increase of 9.1%. Foreign-invested enterprises'

import and export value reached RMB1.23 trillion, accounting for 59%, an increase of 6.3 percent year-onyear.

Shanghai's imports from and exports to its major trading partners, including the European Union, the Association of Southeast Asian Nations (Asean), the United

States, Japan and Australia retained a steady growth in the first sixmonths.

The three new-emerging export goods of Shanghai including electric vehicles, lithium batteries and solar cells, which saw a substantial growth rate of 171.8%, 189.7% and 62.6%, respectively.

ClassNK releases “ClassNK Technical Journal” -

Introducing efforts toward the safe operation of Container Ships

TOKYO : ClassNK has released the latest “ClassNK Technical Journal”, which has been published for contributing to the advancement of technology and society through the outcome of R&D and technical activities.

The latest issue, “ClassNK TechnicalJournalNo.72023(I)”focuses on efforts toward the safe operation of

progressively larger container ships. It provides an overview of structural rulesappliedtocontainervesselsand related guidelines*1, as well as operational guidance for preventing parametricrolling.

Inaddition,italsoincludesarticles on evaluation results and countermeasures for damage of SOx scrubber discharge water lines,

update of wave statistics standards for classification rules, studies on inengine combustion of low and zerocarbon fuels, and recent topics discussedatIMO.

ClassNK Technical Journals are available to download via ClassNK’s website.

URL: https://www.classnk.com/ hp/en/research/rd/giho.html

'We encourage removal of restrictions on Rice Export': IMF to India

NEW DELHI: The International Monetary Fund has said it would 'encourage' India to remove restrictions on export of a certain category of rice, which, it said, would haveanimpactonglobalinflation.

The Indian Government on July 20 had banned the export of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. This type of rice constitutes about 25 per cent of totalriceexportedfromthecountry.

Therewouldbenochangeinexport policy of par-boiled non-basmati rice and basmati rice, which forms the bulk ofexports,thefoodministryhadsaidin astatement.

In the current environment, these types of restrictions are likely to exacerbate volatility on food prices in the rest of the world. They can also lead toretaliatorymeasures,Pierre-Olivier Gourinchas, Chief Economist, International Monetary Fund (IMF), toldapressconferencehere.

'So, they are certainly something that we would encourage the removal of these types of export restrictions,

because they can be harmful globally,' hesaidinresponsetoaquestion.

The total exports of non-basmati white rice from India was $4.2 million in 2022-23 as against USD 2.62 million in the preceding year. Major destinations of India's non-basmati white rice exports include the US, Thailand,Italy,SpainandSriLanka.

In order to ensure adequate availability of non-basmati white rice in the domestic market and to allay the rise in local prices, the government has amended the export policy from 'Free with export duty of 20%' to 'Prohibited' with immediate effect. The IMF in its latest economic update released here on Tuesday projected India's growth rate to be 6.1 per cent for fiscal year 2024, which is slightly up from 5.9 per cent estimated projection forthesameperiodinApril.

'India remains an economy that is growing quite strongly. I mean, it's coming down from really a very strong year in 2022, at 7.2 per cent. That was also revised upwards, by the way -- but still slow down, but still fairly strong growth and fairly strong momentum,'

Gourinchassaid.

Later in an interview, when asked about India's rice export ban, Daniel Leigh, Division Chief, IMF Research Department, told PTI that the context is clearly, an environment of declining inflationaroundtheworld.

'That's important because then it allows monetary policy to ease up and not to start increasing interest rates, which means currencies move around,'hesaid.

'We see it in the interest of the overall global community to keep that food and energy inflation trend down. Now the challenge is that if we see restrictions in other countries as well as India, we've been very clear that in our view we understand the domestic consideration,butifyouseethatglobal impact, then that would go against the reduction in inflation. So our perspective is that such restrictions should be phased out as soon as feasible,'Leighsaid.

He also said that India's digital public infrastructure is really world class and it is enabling efficiency gains forbusinesses.

TO

VESSELS DUE AT MUMBAI FOR EXPORT LOADING

NOTICE TO CONSIGNEES

ZIM INTEGRATED SHIPPING SERVICES

The above vessel is arriving at BMCT on 28/07/2023 with Import Cargo in containers.

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.

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ADANI CMA MUNDRA CONTAINER TERMINAL PVT LTD (ACMTPL), MUNDRA

SHIPPING MOVEMENTS AT GUJARAT PORTS

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OTHER PORTS OF GUJARAT

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NSFT

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17 18 Nazmi C Mitsutor

19/20 Sunny Hong J M Baxi

21 Schuyler Trader MNK & Co.

B.Pier Merel D Parekh Marine

B.P. Extn. Egret Bulker Marcons

OCT 1 St. Andrew Parekh Marine

OCT 2 Cottleya Ace

JNPJNP JNP JNPCT/COASTAL/ CT/COASTAL/ CT/COASTAL/LIQUID BERTH LIQUID SB-2

Advaita J M Baxi LB-1 Green Bhavisya Samsara

W. E. F. 21-07-2023

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

VESSELS DUE/IN PORT FOR IMPORT DISCHARGE AT MUMBAI

FROM I.G.M.No

HAROPA Port : Launch of 1st Industrial-scale renewable and low carbon fuel platform

• ENGIE awarded the Grand Canal project launched by HAROPA PORT on the Gran Canal du Havre for the development of the Salamandre and France KerEAUzen project

• Development of the Salamandre renewable and low-carbon gas production plant in Le Havre, with CMA CGM

• Launch of a feasibility study for France KerEAUzen, an e-kerosene production unit for which Air France-KLM would be the main customer

Cont’d. from Pg. 3

These are two major industrial projects, whose unique complementarity will contribute to the energy transition in FranceanddecarbonizationofheavymobilityinEurope.

These projects are fully in line with ENGIE’s developmentstrategyandaddressanumberofchallenges:

• Re-industrialising the region through emblematic projectsthatcreatenewindustrialsectorsofthefuture

• Helping to achieve decarbonization targets in hard-toabatesectorssuchasseaandairtransport.

•ContributingtoFrenchenergysovereigntygoals

• Sustainability of the energy transition, based on existing infrastructures, networks, means of transport (shipsandaircraft),portsandairports

Catherine MacGregor, Chief Executive Ofcer of ENGIE, said: “Salamandre and France KerEAUzen represent an unparalleled response to the need to decarboniseseaandairtransport.

These pioneering industrial units will also contribute to HAROPA PORT’s ambition to make Le Havre a benchmark platform for renewable fuels, as part of a circular economy approach that will benefit regional development. We are proud and delighted to be developing these promising solutions in France, in partnership with customers who are French leaders in their sector, CMA CGM and Air FranceKLM, and thus accelerating the transition to carbon neutrality.”

Christine Cabau Woehrel, CMA CGM Group Executive Vice President, Industrial Assets and Operations, commented: “CMA CGM is delighted to see this major project for the production of renewable gas come to fruition, the result of an unprecedented partnership betweenmajorFrenchindustrialcompanies.Salamandreis an example of our Group's partnership approach to achieving its Net Zero Carbon objective by 2050. We are delighted that this project is taking shape in Le Havre, thanks to the support of HAROPA PORT. By joining forces, ENGIE, Air France-KLM and CMA CGM intend to contribute to the emergence of a French renewable gas industry, essential to the decarbonization of sea and air transportactivities.”

Anne Rigail, Chief Executive Ofcer of Air France, declared: “Air France-KLM is accelerating its decarbonization trajectory by activating all the levers at its disposal. Sustainable aviation fuels (SAF) will be the decisive lever in decarbonizing the sector, which is why Air France-KLM is working to set up a French SAF industry. By joining the France KerEAUZen project, Air FranceKLM is committed to working alongside ENGIE to study the feasibilityofthesesyntheticfuelproductionunits,whichwill takeoverfromaviationbiofuelsintheyearstocome.”

For Édouard Philippe, Mayor of Le Havre and President of the Le Havre Seine Métropole urban community, " This massive investment in the production of alternative fuels and biomethane is excellent news for Le Havre! Our industrial region is positioning itself as a pioneer in the transition to carbon neutrality, which is essential if we are to combat climate change and resource depletion.”

"We are proud to be working with ENGIE on two emblematic projects, Salamandre and France KerEAUzen, located in Le Havre, on a strategic turnkey site, helping to make the Seine Valley an exemplary region in terms of reindustrialization, decarbonization and ecological transition.

HAROPA PORT, a major player in decarbonization in France, is continuing to build the Seine axis green corridor, combining economies of scale, a virtuous industrial

ecosystem and decarbonized logistics," adds Stéphane Raison, Managing Director and Chairman of theBoardofHAROPAPORT.

Final investment decisions are expected at the end of 2023 for Salamandre and by 2025-2026 for France KerEAUzen, with construction starting in 2024 and 2026 respectively, subject to planning permission and support programmes.

Salamandre, local and renewable energy production to decarboniseseatransport

Salamandre is supported by a first-rate partnership committed to the energy transition, comprising ENGIE (majority shareholder) and CMA CGM. Discussions have alsobegunwiththeBanquedesTerritoirestoexamineways ofprovidinginvestmentsupportfortheSalamandreproject.

This project aims to produce 11,000 metric tons a year of renewable low-carbon gas from dry biomass from local wood-wasteandsolidrecoveredfuel(SRF),tobeusedinthe form of liquefied natural gas (LNG) by the CMA CGM fleet. This production is equivalent to the average annual consumption of 10,000 households. This will abate 60,000 metric tons of CO2 emissions a year, compared with the use offossilnaturalgas.

Thisplantrepresents:

• the culmination of 10 years of Research & Development carried out by ENGIE1 as part of the GAYAproject,

• the first concrete result of the strategic partnership signedbetweenENGIEandCMACGMinNovember2021to produce 200,000 metric tons a year of renewable gas worldwideby2028.

• the starting point of a new industrial sector for lowcarbongasandlocalwasterecovery,settoexpandrapidly Salamandre is expected to be operational in 2027. Thanks to its replicability potential, the validation of this technology on a commercial scale will mobilize the investments needed to bring the pyrogasification and methanation markets to a first significant stage by 2030 acrossEurope.

France KerEAUzen, a world-class platform for syntheticfuels

The France KerEAUzen project aims to develop an e-kerosene production unit (an ultra-lowcarbon synthetic fuels, JET A-1 SAF) with a capacity of approximately 70,000 metric tons a year, by combining recycled local CO2 and renewable hydrogen. As from 2028, this innovative unit, a pioneer in the market for sustainable aviation fuel, should also provide strategic solutions for hardto-abate industrial sectors in the area. This unit will combine production of renewable hydrogen, to meet the needs of industry in the ZIP and heavy-duty transport, alongside production of feedstockforgreenchemistry,suchasnaphtha.

Every year, 270,000 metric tons of CO2 from Salamandre and local industry will be recycled in the electrified syngas production reactor. At the same time, renewable hydrogen will be produced using an electrolyser of approximately 250MW.

France KerEAUzen is a major vector in the energy transition, and aims to supply the Roissy Charles de Gaule and Orly airport hubs via pipelines, thus meeting French and European obligations.The Air France-KLM Group is the main operator from these hubs, and is a partner in this project, which is one of the answers to the need to develop a sustainableaviationfuelproductionsectorinFrance.

Preliminary discussions have also just begun with the BanquedesTerritoiresconcerningthisproject.

Haropa Port is represented in India by Seahorse Ship Agencies Pvt. Ltd.

Seahorse Ship Agencies Pvt. Ltd