MUM-29-02-2024

PM Modi lays foundation stone for Outer Harbor Container Terminal at V.O.Chidambaranar Port

TUTICORIN: The Prime Minister, Shri Narendra Modi laid the foundation stone and dedicated to the nation multiple development projects worth more than Rs 17,300 crores in Thoothukudi, Tamil Nadu

The Prime Minister laid the foundation stone

APSEZ achieves Milestone of crossing 350 MMT cargo handling

AHMEDABAD: Adani Ports & SEZ has achieved a significant milestone by successfully crossing the 350 MMT cargo handling recently This accomplishment underscores the port's robust infrastructure and operational efficiency, solidifying its position as a key player in the maritime industry. The milestone reflects Adani Ports' commitment to excellence in cargo handling and its ability to meet the evolving demands of global demand, informs a recent communique from Port.

JSW Infrastructure mulls entry in Gujarat with Greenfield Port

invest in a Greenfield Port in Gujarat, a state where it has no presence currently Gujarat has robust infrastructure and has shown good manufacturing growth. It is also attracting a lot of investments as seen in the Vibrant Gujarat Summit last month which saw investment commitments of over Rs 26 lakh crore Cont’d Pg. 4

The Prime Minister also launched India's first indigenous green hydrogen fuel cell inland waterway vessel under the Harit Nauka initiative.

JSW Infrastructure mulls entry in Gujarat with Greenfield Port

Cont’d from Pg. 4 T h e s t a t e ’ s p o r t i n f r a s t r u c t u r e i s dominated by Adani Group’s Mundra Port, public sector Deendayal Port and 48 Non-Major Ports under the Gujarat Maritime Board.

Gujarat is an important trade gateway with several large industrial houses and companies having set up manufacturing facilities there and there is room for more modern ports in the state.

The management of JSW Infrastructure outlined some of their future plans at an analyst conference arranged by Kotak Institutional Equities and attended by more than 1000 institutional investors and over 200 companies.

Focus areas

Growth through greenfield investment is one of its focus areas, along with brownfield investments through which it plans to acquire specific terminals in major ports JSWInfrastructurecurrentlyhas10portsandterminalsin India and one terminal in the UAE, with a combined operationalcapacityof170milliontonnesperannum

Two of the ports in its portfolio are greenfield

The port at Keni in Karnataka is coming for an investment of over Rs 4000 crore and this will be commissioned in the next 4-5 years. It is investing around Rs. 2000 crore to set up Jatadhar Port in Odisha and while the concession agreement has not yet been signed, environmental clearance is already in place, and it is expected to be commissioned in the next three years.

APM Terminals Mumbai : Lifting the standard of Safety at OHSSAI Awards

NAVI MUMBAI: APM Terminals Mumbai [GTI] is honored to receive the prestigious Gold rating awards at the recently concluded Annual HSE Excellence Conclave 2023, organized by OHSSAI Foundation. The terminal known for its utmost focus on safety and driving innovative safety initiatives was given GOLD rating awards with Four Star Ratings in the category of OHSSAI SAFETY AWARD and OHSSAI Innovative Product Award.

APM Terminal Mumbai's endeavour in promoting safety beyond the workplace to the communities living around the terminal and to visitors; was recognized with the OHSSAI ‘Innovative product’ Awards. The groundbreaking initiative of twist lock arrester to improve the external truck driver’s safety, garnered widespread acclaim. It showcases terminal’s pioneering efforts in implementing safety practices and innovative solutions to enhance safety standards and mitigate potential risk at the operation area.

Mr. Sunay Mukerjee, COO of APM Terminals Mumbai was conferred with a HSE & S Leadership Award for driving safety initiatives at the workplace and beyond Under the able leadership of Mr Sunay Mukerjee, the terminal has cultivated a workforce that remains vigilant and proactive in upholding safety

standards through comprehensive training programs and initiatives aimed at empowering employees with the skills and knowledge to identify and address safety hazards proactively.

OHSSAI Safety Awards serve as a benchmark for recognizing organizations that prioritize safety as a cornerstone of their operations The three-stage evaluation by OHSSAI foundation acknowledged APM Terminals Mumbai's integrated & embedded HSSE setup. The recognition clearly underscores terminal's commitment in fostering safety culture.

'One MOL Safety Campaign' aims to achieve World's Highest Level of Safety Culture

TOKYO: Mitsui O.S.K. Lines, Ltd (MOL; President & CEO: T a k e s h i H a s h i m o t o ; Headquarters: Minato-ku, Tokyo) announced that it held the One MOL Safety Campaign from July to December 2023.

T h e " O n e M O L S a f e t y Campaign" is an annual event in which crewmembers ser ving aboard MOL Group-operated vessels and shore-based employees exchange opinions on safety-related initiatives to foster a strong safety culture In addition to the online safety campaign, the group resumed the in-person safety campaign by visiting vessels for the first time in four years, which had been suspended due to the COVID-19 pandemic Many MOL Group executives and employees took part in the campaign, h o l d i n g l i v e l y e x c h a n g e s o f o p i n i o n s w i t h crewmembers about ways to ensure safe operations

For the completed campaign of this fiscal year, MOL adopted "MY GOAL, ZERO HARM" as the theme of the safety campaign, with the main objective of eliminating work-related accidents Campaign participants reaffirmed the importance of "safety" as indicated by the "S (Safety)" in its shared values, "MOL CHARTS," and renewed their commitment to the world's highest levels of safety and quality

M O L G r o u p i s d e v e l o p i n g v a r i o u s s o c i a l infrastructure businesses centered on the shipping industry. The group believes that safety is its absolute mission and the foundation of its new initiatives. Based on this idea, MOL established the "MOL Group Safety Vision" in January of this year, which reiterates its vision of what the MOL Group should be in terms of safety.

MOL Group continues its efforts to pursue the world's highest level of safety culture under the Safety Vision.

India's exports defy global headwinds: Reaching new shores in Africa, Latin America, & Central Asia

NEW DELHI : Despite global trade uncertainties, India's exports are charting a new course, venturing into uncharted territories in Africa, Latin America, and Central Asia. This expansion is driven by a surprising surge in exports of cars, motorcycles, and precious metals, highlighting a strategic shift beyond traditional commodities like textiles and spices.

India's export growth story is about more than just established players. The key driver lies in its remarkable success in penetrating "absolutely new markets " These regions, previously uncharted by Indian exports, have witnessed a significant influx of $234 million worth of goods, including cars, two- and three-wheelers, and precious metals, during the April-December 2023 period. This translates to a 5% growth in exports for key sectors.

The focus on new markets extends beyond just value. Geographically, India is witnessing a significant expansion. Previously on the periphery of India's export map, regions like

Central Asia, Africa, and parts of the Americas are now contributing 5% of the country's total exports. This reduces dependence on traditional markets and fosters stronger trade partnershipsandeconomiccooperationacrosscontinents

The ongoing Red Sea crisis, which has disrupted traditional shipping routes, presented a unique challenge. However, India has cleverly turned this adversity into an opportunity. By embracing longer routes via the Cape of Good Hope, new markets in Africa and the Americas are being unlocked.

India's export trajectory is undeniably positive. The proactive market diversification strategy, coupled with a focus on innovation and adaptability, positions India as a strong contender in the global trade arena. With a shrinking trade gap, rising exports, and a growing global presence, India's export story transcends mere economic figures. It embodies resilience, strategic foresight, and the potential to reshape the global trade landscape in the times to come.

Focus on international markets to push textile industry to be more competitive : Piyush Goyal

NEW DELHI : The Union Minister for Textiles, Consumer A f f a i r s , Fo o d a n d P u b l i c Distribution, and Commerce & Industry, Shri Piyush Goyal during his address at the CITI Textile Sustainability Awards 2024 said that the textile industry n e e d s t o f o c u s o n t h e international markets that will p u s h t h e m t o b e m o r e competitive. He said that the Bharat Tex 2024 event is a testament to the capability of the sector to be a leader in the future at a global stage.

spectr um of sustainability aspects, including best practices in social responsibility and green initiatives, innovative material management, recycling efforts, alternative materials usage, sustainable retail practices, r e c o g n i t i o n o f w o m e n e n t r e p r e n e u r s l e a d i n g i n sustainability and social impact, outstanding HR practices, and exemplary service to the textile industry

He expressed confidence that working together and understanding the elements of the value chain will help the textile industry be the driving force of the nation・s GDP .

ShriGoyalapplaudedCITIfortheirsupportandhardwork and expressed confidence in helping the sector grow and provide employment and opportunities to the youth of the nation He further emphasised on CITI・s ability to serve not only the needs of the nation but the entire world. He thanked the CITI officials and conveyed his gratitude to the officials for their contribution towards the sector and for guiding the governmenttocontinuetogrowthetextileindustry

The Union Minister distributed CITI Textile Sustainability Awards・2024. The categories encompassed a

Each award category symbolized a commitment to fostering sustainability, encouraging innovation, and promoting responsible business practices within the textile sector.

Shri Rakesh Mehra,the Chairman of CITI delivered welcome address emphasizing the significance of sustainable initiatives in the textile industry Following this, Smt Darshana Vikram Jardosh, Minister of State for Textiles and Railways also delivered keynote address.

The concluding remarks was delivered by Shri Ashwin Chandran, Deputy Chairman of CITI, expressing gratitude to all participants, sponsors, and stakeholders who contributed to the success of the CITI Sustainability Awards 2024, emphasizing the collective effort in advancing sustainable practices within the textile industry

“Mawani” celebrates achieving targets of “Expenditure & Projects Efficiency Authority” to Ensure Financial Sustainability

RIYADH: The Saudi Ports

A u t h o r i t y “ M a w a n i ” i s celebrating its achievement of the Expenditure & Projects Efficiency Authority targets by honoring a number of its employees who contributed to reaching those targets. The event was held in the presence of H.E. Mr Omar Hariri, President of “Mawani,” and Mr. Abdulrazzaq bin Sobhi Al-Awjan, CEO of the “Expenditure & Projects Efficiency Authority.” On the sidelines of the honoring ceremony, “Mawani,” in collaboration with the Expenditure & Projects Efficiency Authority, organized an awareness event to promote a culture of expenditure efficiency, with participation from entities in the transport and logistics services sector This aims to raise awareness among Saudi Ports Authority employees,

empower departments to enhance expenditure efficiency, and highlight achievements and success stories within this context, leading to greater accomplishments in the coming years. This event also aligns with Mawani’s efforts to enhance government expenditure efficiency by providing high-quality and sustainable services, and working to achieve the targets of the Expenditure & Projects Efficiency Authority in all its aspects, which support Saudi Vision 2030. Notably, “Mawani” is keen on using resources and services efficiently, in addition to raising awareness about their proper use and distribution, to ensure financial sustainability, enhance the quality of projects, assets, and facilities, in line with the National Transport and Logistics Strategy (NTLS), solidifying the Kingdom’s standing as a global logistics hub bridging the three continents."

RED SEA & MED. PORTS from NSIGT

& Med Ports. Hind Terminals 05/0306/03 04/03 1100

Barcelona,Felixstowe,Hamburg,Rotterdam,Gioia Tauro, 13/0314/03 12/03 1100 MSC Auriga IS409A

U. K. North Continent & Other Mediterranean Ports.

Himalaya Express

NBCL Axis Shpg. Felixstowe, Rotterdam, Hamburg, Antwerp & All Inland Desti. Dronagiri-1 Service Allcargo Allcargo Log. U.K., North Cont., Scandinavian & Med. Ports. Dron. 2 & Mul.

ICC Line Neptune Felixstowe, Hamburg,Rotterdam & other Inland Dest. GDL-3 & Dron-3

GLS Global Log. U.K., North Continent & Scandinavian Ports. JWR

Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS

Le Havre, Istanbul, Genoa.

Team Global Team Global Log. U.K., North Continent & Scandinavian Ports. Pun.Conware

01/0302/03 01/03 0900 MSC Lucy IP409A P2624 291835-20/02 MSC MSC Agency Antwerp, Le Havre, Rotterdam, Dunkirk, Felixstowe, Southampton, Hind Terminals

08/0309/03 08/03 0900 MSC Aby IP410A P2661 292194-26/02

Helsingborg, Gothenburg & Red Sea, Med, Gioia Tauro (D). 15/0316/03 15/03 0900 MSC Shay IP411A

SCI CMT Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre (EPIC / IPAK)

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

Seahorse Ship U.K., North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos.

Globelink Globelink WW U.K., North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens.

TSS L'Global Ag. U.K., North Continent & Scandinavian Ports. Dronagiri-2

AMI Intl. AMI Global U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3

Kalko Faredeal U.K., North Continent & Scandinavian Ports. Dronagiri-3

Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.

Safewater Safewater Lines U.K., North Continent, Red Sea & Med. Ports.

Team Global Team Global Log. U.K., North Continent & Scandinavian Ports. Pun.Conware 02/0303/03 01/03 1200 Niledutch Lion 4307W P2603 291684-17/02 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul 09/0310/03 TBATBA Colombo Express 4306W P2656 291251-24/02 Hapag

ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports.

Gold Star Star Ship Hamburg, Antwerp, Tilbury. Oceangate CFS

San Antonio,Arica,Buenaventura,Callao,La Guaira,Paita, 15/0316/03 15/03 0900 MSC Shay IP411A Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel (EPIC / IPAK)

Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports.

AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3

Safewater Safewater Line US East Coast, South & Central America

03/0304/03 02/03 2300 APL Qingdao 0INGBW1 P2610 291732-19/02 CMA CGM CMA CGM Ag. New

06/0307/03

TO LOAD FOR WEST ASIA GULF PORTS From NSIGT

From GTI

TO

FOR WEST ASIA GULF PORTS From BMCT

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

HMM HMM Shpg. Seabird CFS

02/0303/03 01/03 1200 OOCL Hamburg 148E P2545 291231-12/02 OOCL OOCL (I) Colombo. GDL

04/0305/03 04/03 0600 OOCLLuxembourg 108E P2630 291909-22/02 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3

02/0303/03 02/03 0500 Wan Hai 501 E245 P2193 291577-16/02 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS 03/0304/03 03/03 2100 Clemens Schulte 030E P2613 291782-19/02 ONE Line ONE (India) Colombo.

10/0311/03 TBATBA Cap Andreas 009E P2666 X-Press Feeders Sea Consortium Colombo. (TIP Service) Dronagiri 17/0318/03 TBATBA San Francisco Bridge 070E CSC Seahorse Colombo. (TIP Service) HMM HMM Shpg. Colombo. Seabird CFS

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

Balmer Law. CFS Dron. 11/0312/03 TBATBA Shimin 19E P2615 291801-20/02

UnifeederUnifeeder Qingdao, Shanghai, Ningbo. Dronagiri 21/0322/03 TBATBA Seattle Bridge 089E

PIL/ONE PIL India/One(I) —/— 25/0326/03 TBATBA Ever Sigma 125E

Hapag ISS Shpg. P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS 01/0402/04 TBATBA Celsius Naples 901E

KMTC KMTC (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3 08/0409/04 TBATBA TS Ningbo 24002E

TS Lines TS Lines (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2 15/0416/04 TBATBA Ever Excel 173E

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

08/0309/03 TBATBA GFS Giselle 24002E P2503

290934-07/02

Samudera Samudera Shpg. P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri

CU Lines Seahorse Ship Port Kelang, Singapore, Haiphong, Qingdao, Shanghai, Ningbo. BSS Bhavani Shpg. Port Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS

Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo (CSC) Dronagiri 20/0321/03 TBATBA Grace Bridge 24002E

27/0328/03 TBATBA Ren Jian 23 2403E

Heung A Line Sinokor India

Sinokor Sinokor India Seabird CFS (CSC)

09/0310/03 TBATBA Terataki 2403E

14/0315/03 TBA 0900 MSC Victorine(NSIGT) FD403E

15/0316/03 TBATBA BLPL Trust 1403E

TS Lines TS Lines (I)

Cordelia Cordelia Cont. Port Kelang, Far East & China Ports

Blue Water PoseidonShpg. Shanghai, Ningbo, Qingdao. Speedy CFS

Asyad Line Seabridge Haiphong, Laem Chabang, Jakarta (IEX)

MSC MSC Agency Dalian, Shanghai, Ningbo, Yantian. (DRAGON EB) Hind Terminals

BLPL Transworld GLS Far East Ports.

Kong, Shanghai, Ningbo, GDL/Dron-1 04/0305/03 04/03 0600 OOCLLuxembourg 108E P2630 291909-22/02 APL CMA CGM Ag. Dron.-3 & Mul.

18/0319/03 TBATBA Seamax Stratford 128E

25/0326/03 TBATBA OOCL Genoa 069E

02/0303/03 02/03 0500

ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo.

COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. (CIX-3)

Gold Star Star Ship Singapore, Hong Kong, Shanghai.

ANL CMA CGM Ag. Port Kelang, Singapore (CIX-3) Dron.-3 & Mul.

TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2

Wan Hai 501 E245 P2193 291577-16/02 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS

15/0317/03 TBATBA Wan Hai 515 E089 P2668 292246-27/02 COSCO COSCO Shpg. Ningbo, Shekou.

22/0324/03 TBATBA Wan Hai 513 E091

29/0331/03 TBATBA Wan Hai 311 E231

InterasiaInterasia

HMM HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS (CI2)

03/0304/03 03/03 2100 Clemens Schulte 030E P2613 291782-19/02

CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai.

ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 10/0311/03 TBATBA Cap Andreas 009E P2666

17/0318/03 TBATBA San Francisco Bridge 070E

X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang.

Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri (TIP Service)

RCL RCL Ag. Port Kelang, Singapore, Laem Chabang.

HMM HMM Shpg. Port Kelang(N), Port Kelang(W), Singapore. Seabird CFS

06/0307/03 TBATBA Tessa 2401E P2634 291976-22/02 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang, Cai Mep

13/0315/03 TBATBA RDO Favour 2402E CU Lines/KMTC Seahorse/KMTC(I) (VGX)

19/0320/03 TBATBA ESL Kabir 02408E Emirates Emirates Shpg.

07/0308/03 TBATBA Ever Unity E197 P2612 291758-19/02 Wan Hai Wan Hai Lines Port Kelang, Singapore, Kaohsiung, Hongkong, Shekou. Dronagiri-1

12/0313/03 TBATBA Wan Hai 521 E021 P2653 292172-26/02 Evergreen Evergreen Shpg. BalmerLaw.CFSDron. 20/0321/03 TBATBA Argolikos E159

26/0327/03 TBATBA Wan Hai 502 E121

02/0403/04 TBATBA Wan Hai 507 E221

07/0309/03 TBATBA X-Press Odyssey 24010E P2594

Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/

TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2

Maersk

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

290201-28/01 Evergreen Evergreen Shpg. Port Kelang, Singapore, Haipong, Qingdao, Shanghai, Balmer Law. CFS Dron. 04/0305/03 03/03 1900 ESL Dachan Bay 02406E P2496 290870-06/02 KMTC/Gold Star KMTC(I)/Star Ship Ningbo, Da Chan Bay Dronagiri-3/— 15/0316/03 TBATBA Ever Elite 165E P2660 292166-26/02 X-Press Feeders Sea Consortium

15/0316/03

P2676

India Mombasa, Victoria. Maersk CFS

TBATBA Maersk Cape Town 411S P2580 291456-14/02 (MWE SERVICE)

08/0309/03

TBATBA Halsted 409S P2582 291454-14/02 CMA CGM CMA CGM Ag. Reunion, Durban, Pointe Desgalets, Walvis Bay, Luanda, Dron.-3 & Mul. 15/0316/03 TBATBA Bfad Pacific 410S Maersk Line Maersk India Pointe Noire, Tincan, Apapa, Tema, Cotonou,

LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from NSIGT

NOTICE TO CONSIGNEES

ZIM INTEGRATED SHIPPING

“ZOI” V-112/E

The above vessel has arrived at GTI on 29/02/2024 with Import Cargo in containers.

715 ZIMUIST23926073

716 PWMS02522618

Consignees are requested to obtain the DELIVERY ORDERS on presentation of ORIGINAL BILLS OF LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same. Consignees will please note that the Carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods. For detailed information on cargo availability please contact our office.

For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444

Container Movement to OCEANGATE CONTAINER TERMINAL PVT. LTD.

As Agents

ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

Raheja Centre-Point, 3rd Floor, 294, C.S.T. Road, Near Mumbai University, Kalina, Santacruz (East), Mumbai

NOTICE TO CONSIGNEES

The above vessel is arriving at GTI on 01/03/2024 with Import Cargo in containers.

Consignees

is any

please

Triple track of strong macroeconomic fundamentals, infrastructure push and social welfare powering India’s growth: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal said that with the triple track of strong macroeconomic fundamentals, huge thrust in infrastructure creation and social welfare push India has been at the forefront of global growth for the past decade. During his address at the ‘Viksit Bharat@ 2047 Conclave’ organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi, the Minister s a i d t h a t t h e G o v e r n m e n t i s undertaking various initiatives to promote manufacturing in the country

The Minister said that India is one of the preferred destinations both for investment and as a sourcing hub to cater to the world demand. He further said that the aspirational India is a big demand aggregator and also acts as a booster for the manufacturing industry.

India has become an important player in the renewable energy manufacturing sector, said Shri Goyal. He emphasised that India has s t e p p e d u p a u t o m o b i l e manufacturing and will double its manufacturing capacities in the construction sector too. Shri Goyal said that the auto component industry has become a pride of the nation

exporting $20 billion of goods with an aspiration target of $100 billion by 2030. He added that the government has set its focus to develop a semiconductor industry and is also looking to promote ship building and tourism industry in the country providing impetus to increase in goods manufacturing in the country

Shri Goyal said that India has an important role to play in global value chains that provides a fillip to add to the manufacturing investments and capacities of the nation. He further added that due to its high quality and affordable production, India has the potential to serve the needs of the world.

WTO announces new rules to streamline the international trade in services

N E W D E L H I : T h e 1 3 t h Ministerial Conference (MC 13) of the World Trade Organization announced n e w r u l e s t o s t r e a m l i n e t h e international trade in services. These regulations, which apply on a Most Favored Nation (MFN) basis, aim to make authorization processes more transparent and accessible, with commitments to gender equality

However, only 72 out of the WTO’s 164 members are a party to the agreement.India and South Africa were among countries that did not sign this agreement.

I n d i a n e x p e r t s s a i d a s a multilateral trade body, the WTO should focus on core issues like WTO reforms, reviving the appellate body, agriculture reforms, etc.

The regulations are a response to the bureaucratic challenges faced by businesses in cross-border service trade, aiming to simplify procedures and promote equal opportunities for service suppliers worldwide.

“While details of the Agreement are still awaited, the new agreement looks like plurilateral agreement, where not everyone is a party. India and South Africa have not signed this Agreement. WTO, being the top multilateral trade body should rather focus on core issues of interest to all members and not of a few・ , said Ajay Srivastava,the founder of Global

Trade Research Initiative (GTRI).

Meanwhile, global leaders at the meeting, being held in Abu Dhabi, on Tuesday argued for the need to reduce the trade in plastics citing greenhouse emissions from its use. They also emphasized the need to rationalize, phase out or eliminate harmful fossil fuel subsidies through existing or new mechanisms.

The global trade in plastics reached over $1.2 trillion during 2022, as per UN data, with the agency predicting that 19% of greenhouse gas emissions would come from plastics by 2040.

A s m a n y a s 7 8 m e m b e r s ・ excluding India・are participating in the Plastics Pollution Dialogue, representing 85% of the global trade volume.

The Dialogue on Plastic Pollution and Environmentally Sustainable Plastics Trade (DPP) seeks to get WTO members to reduce plastics p o l l u t i o n a n d p r o m o t e environmentally sustainable trade in plastics.

During the dialogue, members of the participating countries stressed increasing transparency of trade flows of plastics, given that single-use plastics, plastic films and hard-torecycle plastics as well as those embedded in traded goods are not captured by trade data.

Though India is not part of the group, the country has taken several measures to reduce plastic usage, including imposing a ban on singleuse plastic in 2022. As things stand,

India is the fifth-highest generator of plastic waste in the world.

At the conference, 49 members, excluding big economies like India, the US and China, also discussed a fossil fuel subsidy reform (FFSR) initiative.

The initiative builds on the WTO members・ commitments under Sustainable Development Goal 12(c) of the 2030 Agenda and in the context of the Paris Agreement on Climate Change. It also contributes to efforts to transition from fossil fuels in energy systems Total fossil fuel subsidies amounted to about $7 trillion, or about 7.1% of global GDP in 2022, according to a working paper released by the Inter national Monetary Fund (IMF) last year.

While India ranked fourth among the top five nations in fossil fuel subsidies with around $350 billion, China occupied the top place, followed by the US and Russia The European Union and Japan shared the fifth spot

While the G20 countries have committed to reducing fossil fuel subsidies to achieve the goals of e n e r g y s e c u r i t y a n d c l i m a t e protection, emerging economies like India rely largely on fossil fuels for a large chunk of their energy needs.

India has pledged to reach net zero by 2070 at the COP26 climate conference in Glasgow in 2021, which means it will be able to balance the amount of greenhouse gas (GHG) it produces with the amount removed from the atmosphere.

m.v. “ ZOI” V - 112/E

The above vessel is arriving at BMCT on 29/02/2024 with Import Cargo in containers.

520 HTHC24013254

521 XXCW24010515

522 QDLD202402071

523 GDWV24021145

524 AMIGF240038074A

525 GOSUNGB1191534

526 GOSUNGB1191536

527 GOSUNGB1191539

528 GOSUNGB1191543

529 GOSUNGB1191549

530 GOSUNGB1191554

531 GOSUNGB1191571

532 GOSUNGB1191573

533 GOSUNGB1191576

534 GOSUNGB1191654

535 GOSUNGB1198520

536 GOSUNGB1198542

537 GOSUNGB1198545

538 GOSUNGB1198557

539 GOSUNGB20088915

540 GOSUNGB20167350

541 GOSUNGB20167359

542 GOSUNGB20167360

543 GOSUNGB20167362

544 GOSUNGB20167363

545 GOSUNGB20167375

546 GOSUNGB20205623

547 GOSUNGB20291131

548 GOSUNGB20291217

549 GOSUNGB20291218

550 GOSUNGB20334146

551 GOSUNGB9955488

552 GOSUNGB9955489

553 GOSUNGB9955900

554 GOSUNGB9955909

555 GOSUNGB9955917

556

557

GOSUNTG1316702

GOSUONN000000162

558 GOSUONN000000163

559 GOSUSHH31166021

560 GOSUSHH31166464

561 GOSUSHH31176002

562 GOSUSHH31176005

563

GOSUSHH31176007

564 GOSUSHH31181850

565 GOSUSHH31185402

566 GOSUSHH31185818

567 GOSUSNH1525437

568 GOSUSNH1640935

569 GOSUSNH1640957

570 GOSUSNH1808253

571 GOSUSNH1808255

572

573 GOSUSNH1808268

574 GOSUSNH1808274

575 GOSUSNH1819413

576 GOSUSNH1819703

577 GOSUSNH1819771

578 GOSUSNH1819789

514

515

516

517

519

579 GOSUSNH1819934

580 GOSUSNH1819938

581 GOSUSNH1824951

582 GOSUSNH1824955

583 GOSUSNH1824964

584 GOSUSNH1839241

585 GOSUSNH1839242

586 GOSUSNH1855025

587 GOSUSNH1855034

588 GOSUSNH1855041

589 GOSUSNH1855045

590 GOSUSNH1855046

591 GOSUSNH1855047

592 GOSUSNH1855048

593 GOSUSNH1855049

594 GOSUSNH1855050

595 GOSUSNH1855081

596 GOSUSNH1855083

597 GOSUSNH20878645

598 GOSUSNH20987359

599 GOSUSNH20987360

600 GOSUSNH20987382

601 GOSUSNH20987394

602 GOSUSNH20987396

603 GOSUSNH20987426

604 GOSUSNH20987440

605 GOSUSNH20987446

606 GOSUSNH20987548

607 GOSUSNH20987550

608 GOSUSNH20987557

609 GOSUSNH20987580

610 GOSUSNH8283784

611 GOSUSNH8283789

612 GOSUSNH8283790

613 GOSUSNH8283798

614 GOSUSNH8283799

615 GOSUSNH8283802

616 GOSUSNH8283807

617 GOSUSNH8283809

618 GOSUSNH8283810

619 GOSUSNH8283812

620 GOSUSNH8283813

621 GOSUSNH8283815

622 GOSUSNH8283816

623 GOSUSNH8283818

624 GOSUSNH8283819

625 GOSUSNH8283821

626 GOSUSNH8283822

627 GOSUSNH8329872

628 GOSUSNH8423234

629 GOSUSNH8423270

630 GOSUSNH8423272

631 GOSUSNH8423278

632 GOSUSNH8423281

633 GOSUSNH8423287

634 GOSUSNH8423333

635 GOSUSNH8423334

636 GOSUSNH8423335

637 GOSUSNH8423336

638 GOSUSNH8423338

639 GOSUSNH8445079

640 GOSUSNH8462446

641 GOSUSNH8462447

642 GOSUSNH8462448

643 GOSUSNH8462450

644 GOSUSNH8462451

645 GOSUSNH8462493

646 GOSUSUB8088721

647 GOSUTZO1019364

648 GOSUTZO1019365

649 GOSUTZO1019366

Item Nos. B/L

650 GOSUWUH1312164

651 GOSUXNG1020854

652 GOSUXNG1820123

653 GOSUXNG1831139

654 GOSUXNG1831155

655 GOSUXNG1831164

656 GOSUXNG1831183

657 GOSUXNG1831590

658 GOSUYIW821447

659 GOSUYIW821474

660 GOSUYIW821480

661 GOSUYIW821488

662 GOSUYIW821490

663 GOSUYIW821496

664 GOSUYIW821497

665 GOSUYIW821498

666 GOSUYIW821499

667 GOSUYIW821500

668 GOSUYIW821506

669 GOSUYIW821513

670 GOSUYIW821514

671 GOSUZJG1316580

672 GOSUZJG1316581

673 GOSUNGB20167230

674 GOSUNGB20167377

675 GOSUSNH1525359

676 GOSUSNH1525361

677 GOSUSNH1525362

678 GOSUSNH1819639

679 GOSUSNH8423332

680 GOSUSNH1640938

681 GOSUSNH8283801

682 GOSUSNH8283788

683 GOSUHCM80381495

684 GOSUHCM80382093

685 GOSUHCM80382148

686 GOSUSNH20878646

687 GOSUSNH20878654

688 GOSUNGB9955497

689 GOSUNNJ2002095

690 GOSUNGB20041183

691 GOSUJKT8100056

692 GOSUCGP8360263

693 SRG084BJASCOLOG24

694 JAM241489

695 GOSUSHH31186675

696 GOSUSNH1640944

697 GOSUHCM80379015

698 GOSUHCM80381315

699 GOSUHCM80381591

700 GOSUQIN3784441

701 GOSUSHH31157206

702 GOSUSHH311572061

703 GOSUSHH311572062

704 GOSUSHH31181069

705 GOSUSNH1855013

706 GOSUSNH8283800

707 GOSUSNH8283811

708 GOSUXNG1831191

709 XXCW24010839

710 LNLUPKL8129847

711 LNLUPKL8129790

712 LNLUJOR8050915

713 LNLUPKL8129738

714 LNLUPKL8129901

Consignees are requested to obtain DELIVERY ORDERS on presentation of ORIGINAL BILLS of LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.

Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods.

For detailed information on cargo availability please contact our office.

For any charges enquiries, Please contact on our

Container Movement to : OCEAN

Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO

LONDON: “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting through the region due to concerns over attacks on ships by the Houthis,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.

Since November 2023, Houthi forces have attacked ships in the Red Sea and Gulf of Aden. In December, most container and gas carriers started avoiding the region and by January, a significant reduction in transits was seen across most sectors.

So far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively. Container ship transits are down by 70% through the Gulf of Aden and the Suez Canal. Prior to the attacks, shipments through the Suez Canal accounted for roughly 10% of global trade.

“The attacks on ships in the Red Sea are directly affecting the ability of countries in the region to import and export cargo. Even where alternative export routes exist, these often come at a higher cost, longer duration and with constraints to capacity,” says Rasmussen.

Saudi Arabia, Jordan and Egypt can avoid the Red Sea, as Saudi Arabia and Jordan can transport cargo via for example Dammam in the Persian Gulf, while Egypt can rely on its Mediterranean ports such as Alexandria and Damietta. However, rerouting will be difficult for all but container cargoes.

Other countries do not appear to have viable alternatives to Red Sea shipping and any attempts to transport cargo overland would likely be very difficult. Consequently, shipments in Sudan, Somalia, Eritrea and Yemen have so far fallen 25% y/y in 2024. Djibouti is a

noteworthy exception, where shipments have remained stable.

The worsening conditions could affect the economies and possibly add to instability in several economies in the region. Yemen, Sudan and Somalia already suffer under armed conflicts. The instability in the Red Sea has made it more challenging for them to receive international aid and could increase the cost of basic goods.

“A US-led coalition and a recently launched maritime operation by the EU have been deployed with the aim to safeguard ships in the Red Sea. However, the attacks have not yet ceased, and the outlook remains uncertain. Until a solution emerges, regional economies will continue to bear the cost,” says Rasmussen.

Over 2 lakh km of National Highways to be built by 2037, length of high-speed Roads to rise 10x

NEW DELHI: India aims to accelerate the development of its national highways, including high-speed access-controlled routes, to establish a world-class road network by 2037 as part of its goal to transition into a developed nation by 2047. The plan involves expanding the national highways network to over 2,00,000 kilometers, with a significant increase in access-controlled highways to 50,000 kilometers from the current 4,000 kilometers within the next 13 years. Additionally, the government aims to reduce road accidents by 95% over the next 25 years.

Vision 2047 is envisioned to have a t r a n s f o r m a t i v e i m p a c t o n I n d i a ' s infrastructure landscape, facilitating economic growth and development over the subsequent decade. The strategy emphasises enhancing logistics efficiency by implementing access-controlled highways and high-speed corridors. The Ministry of Road Transport and Highways awaits cabinet approval to commence work on new projects aligned with Vision 2047. The forthcoming approach to road construction will involve a greater emphasis on public-private partnerships, prioritizing quality road infrastructure, and focusing on engineering aspects to mitigate accidents significantly

The government anticipates an increase in budgetary allocation to the sector over the next 13 years, gradually transitioning towards prioritizing the maintenance of existing highways. Presently, India has 4,000 kilometers of access-controlled high-speed highways, with an additional 6,000 kilometers under construction. The total length of national highways is 1,46,145 kilometers, reflecting a substantial increase from 91,287 kilometers in 2015. India's extensive road network, encompassing state highways and other roads, underscores the country's commitment to enhancing connectivity and infrastructure development.

m.v. “OOCL HAMBURG” ZIM - VOY 148E

The above vessel is arriving at GTI on 01/03/2024 with Import Cargo in containers.

435 XMNNSAO00326

436 WOLSZSE24016576

437 WOLSZSE24016586

438 WOLSZSE24020421A

439 WOLSZSE24020421B

440 WOLSZSE24020421C

441 TPO24010010A

442 TPO24010010B

443 TPO24010010C

444 RSJ2402457

445 ATL2401009

446 ATL2401009A

447 ATL2401009B

448 SHA247032251

449 SHOE24020033

450 YSQ2402077

451 FGSZ2402000009

452 PCNVS24020216

453 PCNVS24020217

454 PCNVS24020218

455 PCNVS24020161

456 SZOE24020472

457 XMNCHH96361

458 NAWDINFCLNSA240103

459 GOSUSHH31152875

460 GOSUSHH31152883

461 GOSUSHH31152891

462 GOSUSHH31152896

463 GOSUSHH31153696

464 GOSUSHH31153699

465 GOSUSHH31153700

466 GOSUSHH31153709

467 GOSUSHH31172316

468 GOSUSHH31175344

469 GOSUSHH31175346

470 GOSUSHH31175354

471 GOSUSHH31175359

472 GOSUSHH31175362

473 GOSUSHH31175368

474 GOSUSHH31175389

475 GOSUSHH31175454

476 GOSUSHH31181036

477 GOSUSHH31181493

478

GOSUSHH31182688

479 GOSUSHH31184625

480

GOSUSHH31185071

481 GOSUSHH31185503

482 GOSUSHH31185554

483 GOSUSHH31185928

484 GOSUSHH31185990

485 GOSUSHH31185994

486 GOSUSHH31185996

487 GOSUSHH31185999

488 GOSUSHH31186001

489 GOSUSHH31186011

490 GOSUSHH31186190

491 GOSUSHH31186369

492 GOSUSHH31186651

493 GOSUSHH31187714

494 GOSUSHH31187715

495 GOSUSHH31188014

496 GOSUSHH31188457

497 GOSUSIN8143523

498 GOSUSIN8143524

499 GOSUSIN8143854

500 GOSUSIN8143932

501 GOSUSIN8144091

502 GOSUSIN8144270

503 GOSUSIN8144307

504 GOSUSNH1525209

505 GOSUSNH1525210

506 GOSUSNH1525444

507 GOSUSNH1819689

508 GOSUSNH1819798

509 GOSUSNH1819801

510 GOSUSNH1819803

511 GOSUSNH1839905

512 GOSUSNH20947968

513 GOSUSNH20947969

514 GOSUSNH8423258

515 GOSUSNH8423259

516 GOSUSNH8423271

517 GOSUSNH8462345

518 GOSUSNH8462371

519 GOSUSNH8462461

520 GOSUXIA8360398

521 GOSUXIA8360399

522 GOSUXIA8360541

523 GOSUXIA8360571

524 GOSUXIA8360993

525 GOSUXIA8361916

526 GOSUXIA8362045

527 GOSUXIA8362046

528 GOSUXIA8362184

529 GOSUXIA8362718

530 GOSUXIA8362733

531 GOSUXIA8362767

532 GOSUXIA8362785

533 GOSUXIA8362821

534 GOSUXIA8363170

535 GOSUXIA8363174

536 GOSUXIA8363284

537 GOSUXIA8363443

538 GOSUXIA8363600

539 GOSUXIA8363613

540 GOSUXIA8363635

541 GOSUXIA8363752

542 GOSUXNG1021567

543 GOSUXNG1173572

544 GOSUXNG1303580

545 GOSUXNG1402927

546 GOSUXNG1820168

547 GOSUXNG1831332

548 GOSUXNG1831392

549 GOSUXNG1831427

550 GOSUXNG1831444

551 GOSUXNG1831445

552 GOSUXNG1831446

553 GOSUXNG1831450

554 GOSUXNG1831454

555 GOSUXNG1831473

556 GOSUXNG1831501

557 GOSUXNG1831512

558 GOSUXNG1831521

559 GOSUXNG1831542

560 GOSUIAU3028904

561 GOSUSHH31184602

562 GOSUSHH31184603

563 GOSUSHH31185111

564 GOSUSHH31186603

565 GOSUSHH31186852

566 GOSUSHH31186853

567 61N0837490

568 GOSUSEL71084586

569 GOSUDAL876028

570 XMN0069840

571 XMN0069843

572 GOSUSHH31185084

573 GOSUSIN8144267

574 GOSUSHH31185568

575 GOSUSEL71088473

576 KTLTH00001539

577 GOSUSIN8144281

578 GOSUSNH8462320

579 GOSUSHH31182659

580 GOSUDAL876006

581 GOSUSHH31157200

582 GOSUSHH31170856

583 GOSUSHH311708561

584 GOSUSHH311708562

585 GOSUSHH31170859

586 GOSUSHH311708591

587 GOSUSHH31176096

588 NYPA65952

589 458834341DTW

Consignees are requested to obtain DELIVERY ORDERS on presentation of ORIGINAL BILLS of LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.

Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods.

For detailed information on cargo availability please contact our office.

For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444

Container Movement to : OCEAN

As Agents :

Cochin Port Union urges CPA to maximize revenue from created assets

KOCHI : Cochin Port

E m p l o y e e s ’ Organisation (CPEO) has urged the Cochin Port Authority (CPA) to t a k e p r o m p t a n d effective steps to maximise port revenue from the assets created on port land with public investments at Puthuvype and Vallarpadam portbased special economic zone.

In a resolution, CPEO alleged that the port management had not made efforts to explore the possibilities of extracting revenue from key projects such as Petronet LNG regasification terminal, LPG import terminal, multi-

Vallarpadam, with a total investment of approximately Rs. 10,000 crore.

All mega projects have been established on land leased by the port on a long-term basis with nominal rent. It is important that these projects yield the maximum revenue for the port authority. Although the ICTT has completed 13 years of operations on Vallarpadam Island, it d o e s

e infrastructure facilities provided by the port.

The accounts of Cochin Port

reveal that the revenue shared by the terminal operator is not adequate even to meet the expenditure for maintenance dredging, CPEO said.

The Petronet LNG terminal Puthuvype was commissioned in 2013 and if the mega project is fully operational, it can bring substantial revenue to the port. Similarly, the multi-user liquid terminal established a t P u t h u v y p e b y I n d i a n O i l Corporation is also not delivering expected results, the union said.

C D N a n d a k u m a r, G e n e r a l Secretary, CPEO said that the union has decided to form an action plan to ensure the revival of port activities.

Japan, China & Greece tops Shipowning Nation by Fleet value : VesselsValues

LONDON: Japan, China and Greece continue to dominate shipowning nations both in fleet size and fleet value according to Veson Nautical’s VesselsValues.

The asset values and ownership strategies of the leading shipowning natons have changed considerably over the past 12 months latest survey of the 10 top shipowning nations.

Japan continues to have the highest valued fleet holding a total of $206.3 billion in assets, an increase of 5% since the last report in November 2022.

The three top countries have invested significantly in the tanker sector with almost 100 vessels added to the Japanese fleet, increasing its total value by 15.5% with values for this sector continued to gain strength over almost all sub sectors and age categories over the last year.

Out of the top ship owning countries, Japan owns the highest value fleets for LNG and LPG vessels at $37.8 billion and $13.4 billion respectively and by volume at 202 LNGs and 344 LPGs. Japan also owns the largest and most valuable fleet for vehicle carriers with 334 vessels of a total value of $22 9 billion

Once again, China maintains its top position by vessel ownership, boasting a total of 6,084 vessels and a current fleet value of $204 billion China owns the largest bulker fleet, both in terms of vessels and values.

China also owns the largest number of tankers and container ships. The tanker fleet consists of 1,576 vessels with a total value of 47.4 billion and the container fleet has 1,011 vessels, worth an impressive

$42 6 billion but down 23 8% on November 2022 as the market has slowed significantly from the highs of 2022.

Though China owns more tankers, the Greek tanker fleet has the highest value at $69 5 billion, surpassing China by $22.1 billion. Greece is also the owner of the second largest LNG fleet, with 143 vessels and a fleet value of $31 1 billion The values in this sector have consistently remained at elevated levels since 2022, driven by a surge in demand.

The US has remained in 4th place with a total value of $99.9 billion, up over $1bn from the last report. Of the overall asset value, $49 billion is r e p r e s e n t e d b y c r u i s e s h i p s , solidifying the US's position as the world's largest cruise owner as it is the home of Carnival and Royal C a r i b b e a n . T h e U S i s a l s o a prominent owner in the ro-ro sector, with the largest fleet in terms of value w o r t h $ 2 5 b i l l i o n H o w e v e r, with 40 vessels, the US ranks behind Japan, who own 84 vessels.

S i n g a p o r e h a s r e t a i n e d 5th place, with a fleet value of $85 7 billion and 4th place in terms of the n u m b e r o f v e s s e l s o w n e d Singapore’s container ship fleet is the third most valuable, worth $22 1 billion, or almost a quarter of the v a l u e o f t h e e n t i r e f l e e t Improvements in the LPG sector and stronger values have sparked an increase in S&P activity for Singapore with the current value of the LPG fleet at $9 3bn, marking a substantial 57% increase from the last report This surge elevates Singapore to the second position in terms of value in the LPG sector

South Korea has retained its 6th position this year, and the value of its fleet now stands at $67bn an increase of just over $1 bilion since the last report.

However, the country has dropped out of the top 10 in terms of vessels owned, overtaken by newcomers such as UAE, Russia and the Netherlands.

Norway has moved up to 7th place, surpassing Germany, with a total fleet value of $59 3 billion mostly been driven by investment in the gas s e c t o r s a n d t h e v a l u e o f t h e Norwegian LNG fleet increased by 16.7% since the last report to $14.2 billion. Value of the LPG fleet increased 55% to $4.5 billion, led by an increase in secondhand sales and newbuilding orders.

Norway is also the second largest owner of vehicle carriers and the current value of this fleet stands at $ 9.2 billion, up $1 billion from the last report.

After a brief period in 9th position, the UK has now moved back up to 8th place with a value of $53.8 billion. The Cruise sector is the most valuable to the UK, accounting for 25% followed by the Container sector with 15%,though this share has decreased significantly

Germany has experienced a decline in its global rankings, dropping from 7th place to 9th place this year A significant portion of its fleet has traditionally consisted of container ships, where Germany currently holds the second position in terms of the number of vessels.

Hong Kong is a newcomer to the list with a total fleet value of $44.7 billon with its significant investment in the bulker sector

CJ-II

CJ-VII

CJ-VIII

CJ-IX

CJ-XI VACANT

CJ-XII VACANT

CJ-XIII D Queens ULSSL 01/03

CJ-XIV Chintana Naree Mihir & Co. 04/03

CJ-XV Jaador Trueblue 06/03

CJ-XVA Lila Incheon MNK & Co. 03/03

CJ-XVI Van Melody Benline 02/03

TUNA

OIL JETTY VESSEL'S NAME AGENT'S NAME ETD

OJ-I Symi Seaworld 01/03

OJ-II VACANT

OJ-III CNC Bull Samudra 01/03

OJ-IV Mac Jakarta J M Baxi 01/03

OJ-V VACANT

OJ-VI Regency MK Shpg. 01/03

OJ-VII Yun Ding 19 J M Baxi 01/03

CJ-XIV

CJ-VI

VESSELS IN PORT & DUE FOR EXPORT LOADING

LIQUID CARGO VESSELS

B-4

Maersk Danube (V-408W) Nhava Sheva 25-02-2024

CSCL Jupiter (V-85) Tanger Med 26-02-2024

Mombasa Express (V-4W) Nhava Sheva 27-02-2024

(V-02SGZS)

Bfad Pacific (V-410S) CMA CGM Agency Nhava Sheva

SB-04

(V-OUW14ZW)

Tina 1 (V-409E)

NSICT

India 2369685 23/02

Hansa Rotenburg (V-935) Unifeeder 2369701 24/02

Lotus A (V-OFFAVE1) CMA CGM Agency (I) 2369738 24/02

Maersk Danube (V-408W) Maersk India 2369742 24/02

MSC Felixstowe (V-JU408R) MSC Agency 2369750 25/02

Safeen Power (V-064W) Sima Marine 2369761 25/02

Wan Hai 507 (V-E220) Wan Hai Lines (I) 2369768 25/02

CMA CGM San Antonio (V-OUW1ZW1) CMA CGM Agency (I) 2369771 26/02

APL Gwangyang (V-OPE099W1) CMA CGM Agency (I) 2369778 26/02

Sounion Trader (V-2407W) ISS Shipping 2369804 26/02

Ever Envoy (V-186E) Everbreen Shpg. 2369827 26/02

MSC Virgo (V-XA407A) MSC Agency 2369842

NSIGT

Vessel Name (Voy) Sailing Dt. Next Port

EXPORT

Green Ace (V-2408)

Neshat (V-1112W)(NSDT)

Lotus A (V-OFFAVE1)

CMA CGM San Antonio (V-OUW1ZW1) 28-02-2024

Sounion Trader (V-2407W) 29-02-2024

FROM NSFT EXPORT

Ever

BMCT

MSC Ellen (V-IP408A) 24-02-2024 Hazira

Seaspan Amazon (V-4309W) 25-02-2024 ACMTPL

APL Le Havre (V-OING9W1) 27-02-2024 ACMTPL

MSC Greta III (V-IB406A) 27-02-2024 Colombo

Maersk Danube (V-408W) 28-02-2024 Pointe Noire

Wide Alpha (V-244E) 26-02-2024 Colombo

Wan Hai 512 (V-E103) 27-02-2024 Cochin

Varada (V-0033) 27-02-2024 Jebel Ali

Tina 1 (V-409E) 27-02-2024 Piapavav

RDO Favour (V-02359W) 28-02-2024 Jebel Ali

Wan Hai 507 (V-E220) 29-02-2024 Port Kelang

Majd (V-24004W) 21-02-2024 MICT

X-Press Bardsey (V-24001E) 22-02-2024 Colombo

San Pedro (V-085W) 22-02-2024 Khalifa

Hyundai Jakarta (V-129W) 22-02-2024 AICT

Maersk Chachai (V-408W) 23-02-2024 MICT

CSCL Jupiter (V-085) 23-02-2024 ACMTPL

Interasia Enhance (V-032E) 24-02-2024 MICT

Daphne (V-861W/E) 25-02-2024 Mundra

KMTC Manila (V-024001E) 25-02-2024 AICT

Wadi Duka (V-2403W) 27-02-2024 Mundra

Safeen Power (V-064W) 28-02-2024 Khalifa

MSC Virgo (V-XA407A) 28-02-2024

Albidda (V-2401) 28-02-2024

APL

29th FEBRUARY 2024 26 IMPORTER'S GUIDE

18 T

19/20

21 Lagonda Shaan Marine

B.Pier Corebrightol Sai Maritime

B.P. Extn. Hope 1 ACT Infraport

2 Jabal Ar Rawdah Wilhelmsen

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

NSD-2

NSD-3

LB-1

CB-4

CB-5

VIII MSC Agency GTI

GTI-1 Maersk Gibraltar Maersk India

GTI-2 Yantian Express ISS Shipping

BMCT

BMCT-1 Ever Envoy Evergreen Shipping

BMCT-2 Wan Hai 317 Wan Hai Lines (I)

BMCT-3 Sprinter COSCO Shipping

EXCHANGE RATES ALL RATES PER UNIT CURRENCYCURRENCY IMPORTIMPORT IMPORT EXPORTEXPORT EXPORT Australian Dollar 55.0552.70 Bahraini Dinar 228.90212.20 Canadian Dollar 62.3060.35 Chinese Yuan 11.80 11.4 Danish Kroner 12.1011.80 EURO 90.6587.55 Hong Kong Dollar 10.7510.50 Kuwaiti Dinar 278.25260.95 New Zealand Dollar 51.7549.40 Norwegian Kroner 7.957.75 Pound Sterling 106.10102.65 CURRENCYCURRENCY CURRENCY IMPORTIMPORT IMPORT EXPORTEXPORT EXPORT Qatari Riya l23.55 22.10 Saudi Arabian Riyal 22.8521.55 Singapore Dollar 62.6060.65 South African Rand 4.504.20 Swedish Kroner 8.007.80 Swiss Franc 95.6092.05 Turkish Lira 2.802.60 UAE Dirham 23.3021.95 US Dollar 83.9082.20 Japanese Yen (100) 56.1054.40 Korean Won (100) 6.456.05

NAME

TT

´ ´ ´ ´ FOREIGN EXCHANGE RATES

DGFT revamped the e-BRC system to enable self-certication by exporters

NEW DELHI: The DGFT has revamped the e-BRC system to enable self-certification by exporters, eliminating the need for bank requests and paperwork. This cost-free, paperless process facilitated via DGFT’s portal enhances efficiency, reduces burdens on banks and exporters, and aids in targeted policymaking through real-time data on exports.

Here are key features:

Electronic Bank Realisation Certicate(eBRC)

About eBRC

• “eBRC” stands for “electronic Bank Realisation Certificate”.

• eBRC serves as proof of realization against exports done

• Issued on DGFT platform by concerned banks at the request of exporter

Uses of eBRC:

• To avail incentives under Foreign Trade Policy of DGFT

o Advance Authorisation scheme

o Export Promotion Capital Goods Scheme (EPCG)

o MEIS / SEIS / TMA (legacy schemes)

• GST compliances (Rule 89(2) of the CGST Rules)

o Refund of unutilized input tax credit (ITC) on account of exports without payment of tax.

o Refund of tax paid on export of services with payment of tax

o Refund of unutilized ITC on account of supplies made to SEZ Unit/SEZ Developer without payment of tax

o Refund of tax paid on supplies made to SEZ Unit/SEZ Developer with payment of tax

o Refund to supplier of tax paid on deemed export supplies

o Refund to recipient of tax paid on deemed export supplies

Current process to obtain eBRC – Merchandise exports

• Exporter completes export procedures and prepares due documents such as Shippin Bills / Bills of Export

• Remittance is received in Exporter’s bank account from the buyer

• Exporter submit the documents to the banks with a request for eBRC generation.

• After verification banks upload the eBRC to the DGFT system.

• Thereafter, Exporter can download the eBRC from the DGFT Website and use the same.

Current process to obtain eBRC – Services exports

• As per request of Exporter bank issue eFIRC to the Exporter

• After collecting Softex certificate, eFIRC, shipping bill No. and other relevant documents, Exporter submit the documents to the banks for eBRC.

• After verification banks upload the eBRC to the DGFT system.

• Thereafter, Exporter can download the eBRC from the DGFT Website and utilise it.

Issues in current eBRC process ow

Issues for banks

• Substantial burden at banks with increasing exports

• Banks have to update eBRC/ EDPMS for each transaction

• Banks need to verify multiple documents for offsetting the IRMs

• Cumbersome process if cancellation and change in eBRC is required

Issues for exporters

• Substantial transaction since request for each eBRC needs to be submitted to banks

• Multitude of paper documents to be submitted

o Copies of all Shipping Bills and invoices (select banks) to be submitted for merchandise exports

o Each SOFTEX reconciliation requires 24 paper sheets for services export

o Each Courier export transaction requires at least 3 documents.

• More documentary submission for clarifications and need for follow up to ensure final issuance

• Resultisdelayingettingexportbenefits,GSTrefundsfilingsetc

Issues in current eBRC process ow – Services exports eBRC system is not being used meaningfully to generate

granular Service export data

• eBRC is being used for claiming GST Refunds for Software and other service exports.

• However, no Service classification is being captured under eBRC system.

• The refund applicant may choose to generate a FIRA instead of an eBRC All such data is also not being captured.

• Various legacy and current classifications are being followed by various agencies, owning to which standardisation and analysis is not feasible without detailed concordance of the data sets

Major Changes in the revamped eBRC system

• Based on trust in Indian exporters

o eBRC shall henceforth be generated by exporters themselves via self certification

• Cost free process on DGFT portal

• Need for application and request to banks for generation done away with

• Paperless process without the need for any paper submission to any authority at the time of generation

• A Risk Management based post audit mechanism for banks and other stakeholders to verify bonafides

• Each bank will decide own cut off date to move to self certification based eBRC generation

o IRMs received after cutoff date will be available to exporter for self certification based eBRC generation

o Bank cutoff date available on DGFT website

• Self certified eBRC generation will be based on system based checks as per Business rules

o Business rules available on DGFT website

• Trade Notice 33/2023-24 dated November 10, 2023 maybe referred for more details

Revamped process ow for eBRC generation

• DGFT already captures Exporter’s Bank account details and PAN under IEC issued

• All Inward Remittance Message(IRM) mapped with PAN to be pushed by the banks to DGFT using a API integration

• The given inward remittance details shall automatically appear in account of respective IEC holder

• Exporter may tag the inward remittance with the shipping bill/invoice to generate eBRCs directly

• eBRCs so generated will flow to banks for post audit risk management as per banks’ own process

• eBRC also planned to be digitally shared with other agencies in future

Major Benets of the revamped eBRC system

• Reduction in compliance costs for exporters

o Cost free generation – Cost burden reported especially by MSME exporters alleviated

o Paperless generation

• Opens new avenues for small exporters

o Especially useful for e-commerce exports with low cost, high volume of transactions to claim benefits and refunds

• Workload reduction for banks

o Scaling of system made possible in light of GoI’s target of 1 Trillion exports each for Merchandise and Services by 2030

o Banks will focus on targeted risks only instead of checking all transaction documents

• Aid targeted policy making

o Near real-time granular data on service exports at SAC code level will now be available

o This data would allow for further automation at DGFT and other agencies and frame more targeted schemes and strategies for service exports.

PM Modi lays foundation stone for Outer Harbor Container Terminal at V.O.Chidambaranar Port

• Dedicates tourist facilies in 75 lighthouses across 10 States/UTs

• Launches India's first indigenous green hydrogen fuel cell inland waterway vessel

• Dedicates various rail and road projects

Cont’d from Pg. 3

He dedicated tourist facilities in 75 lighthouses across 10 States/UTs. He also dedicated to the nation, rail projects for doubling of Vanchi Maniyachchi - Nagercoil rail line including the Vanchi Maniyachchi - Tirunelveli section and Melappalayam - Aralvaymoli section

The Prime Minister dedicated four road projects in Tamil Nadu, developed at a total cost of about Rs 4,586 Crore.

Addressing the gathering, the Prime Minister said that Tamil Nadu is writing a new chapter of progress in Thoothukudi as inauguration and foundation stones are being laid for multiple development projects towards the road map of developed India He said that one can witness the spirit of Ek Bharat Shreshtha Bharat in the development projects of today. Even though the projects may be in Thoothukudi, the Prime Minister emphasized that it will give momentum to development in multiple places across India.

The Prime Minister reiterated the journey of Viksit Bharat and the role of Tamil Nadu in it. He recalled his visit 2 years ago when he flagged off many projects for the expansion of the Chidambaranar Port capacity and his promise of making it into a major hub of shipping. “That guarantee is being fulfilled today”, said the Prime Minister Talking about the foundation stone of Outer Harbor Container Terminal at V.O.Chidambaranar Port, the Prime Minister informed that this project will have an investment of Rs 7,000 crore rupees. Projects worth Rs 900 crore rupees have been dedicated today and Rs 2500 crore rupees worth projects were initiated on 13 ports. These projects will benefit Tamil Nadu and will create avenues of employment in the state, he said.

Talking about India's first hydrogen fuel cell inland waterway vessel under the Harit Nauka initiative, PM Modi called it a gift of the people of Tamil Nadu for Kashi. He said that he witnessed the enthusiasm and affection of the people of Tamil Nadu in Kashi Tamil Sangamam. The Prime Minister inaugurated various other projects aimed at making the V.O.Chidambaranar Port the first Green Hydrogen Hub Port of the country These projects include a desalination plant, hydrogen

production, and bunkering facility “Tamil Nadu will go a long way with regard to the alternatives that the world is exploring today”, he said.

The Prime Minister underscored the great expectations with the waterways and the maritime sector of India for decades and said that these sectors are becoming the foundations of Viksit Bharat today, and Tamil Nadu along with the entire South India are the biggest beneficiaries of this The Prime Minister highlighted the three major ports and more than 12 small ports in Tamil Nadu and underlined the possibilities for all southern states. “DevelopmentofMaritimeSectormeansdevelopmentofa state like Tamil Nadu”, the Prime Minister said, informing a b o u t t h e 3 5 p e r c e n t g r o w t h o f t r a f f i c o n VO Chidambaranar Port in the last decade He further added that the port handled 38 million tons last year recording an annual growth of 11 percent “Similar results can be seen in other major ports of the country”, PM Modi added,creditingtheroleofprojectslikeSagarmala

The Prime Minister asserted that India is creating new records in waterways and maritime sectors. He noted India's jump to 38 rank in the logistics performance index and port capacity has doubled in one decade. He further said that there has been an eighttimes increase in national waterways during this time period and the number of cruise passengers has grown four times while seafarers doubled. These strides are bound to benefit Tamil Nadu and our youth, he said. “I am convinced that Tamil Nadu will move forward on the path of development and I give you the guarantee that I will serve you with new enthusiasm when the nation gives us the opportunity to serve for the third time.”

In conclusion, the Prime Minister asked everyone to switch on their phone lights and indicate that Tamil Nadu and the government of India are celebrating the festival of development.

Governor of Tamil Nadu, Shri R N Ravi, Union Minister for Ports, Shipping and Water ways, Shri Sarbananda Sonowal and Union Minister of State, Dr L Murugan were present on the occasion among others.