MUM-29-03-2023

India needs increased draft depth to handle large vessels : Parliamentary Committee

NEW DELHI : A parliamentary committee has stressed on the need for increasing the draft depth of almost all the ports of the Country under the Sagarmala Programme according to their respective cargo profile. Increased draft depth helps ports handlelargervessels.Initslatestreport,thedepartment-related parliamentary standing committee on transport, tourism and culture said that the draft depth at major ports, both in the channel and berths, has been historically low and ranges from 7 metres in older ports up to 20 metres in newer ports. The draft depth is not commensurate with the change of ship sizes and changesincargotrendssuchascontainerisation.

Adani Ports Mundra clocks 40 vessel movements in a day

AHMEDABAD : Adani Ports Mundra, a bustling hub of maritime activity on India’s western coast, has accomplished a remarkable feattoday.Inaspanofjust24hours,theportmanagedtohandlean overwhelming 40 vessel movements, setting a new record and exceedingtheirpreviousachievementof39vesselmovements. This accomplishment speaks volumes about the port's impressive capacity, unparalleled efficiency, and unwavering ability to handle a massive volume of cargo. It's a testament to the hard work and dedication of the port's skilledprofessionals,who have once again proven that Mundra Port is a force to be reckoned with in the world of maritime logistics.

Con’t d. Pg. 17

There will be NO issue of Daily Shipping Times on THURSDAY 30th March, 2023 on account of RAM NAVAMI.

“Though the Government has taken a number of initiatives to modernise our ports under the Sagarmala Programme, a lot remains to be done to ensure deep-draft availability to handle mega ships,

APM Terminals Pipavav certified “Great Place to Work” for 5th consecutive year

PIPAVAV-APMTerminalsPipavavisrecognizedandcertifiedasa

“Great Place to Work” by the Great Place to Work® Institute under the category: mid-size organizations. This is the fifth year we have received this recognition. The recognition validates our focus on fostering positive, transparent, inclusive, and healthy work environment for our employees. We thank all our employees who play an integral role in making the organization trulya“Greatplacetowork”.

MSC was proud to attend WPC23

GENEVA - From March 20 to March 24, MSC USA experts joined the leading companies, organizations and individuals leaving their mark in the chemical and petrochemical industry at the World Petrochemical Conference 2023, which took place inHouston,Texas.

HostedbyS&PCommodityInsights,the4-dayeventfeaturedawidearrayof opportunities for industry professionals to discuss, strategize and share the latestinsightsininnovation,technologyandthesupplychain.

MSC USA’s presence was felt throughout the event, not only at the MSC stand, but also through the participation of various MSC USA experts in panels and discussions, including MSC USA President and CEO Fabio Santucci, MSC USA Executive Vice President Giancarlo Morgera and MSC USA Assistant Vice President Giuseppe Digiamma on topics surrounding supplychainandlogistics,sustainabilityandmore.

MSCisdelightedtohavetakenplaceinthisopportunityandhopetoreturninthenextyear.

APM Terminals announces strategic partnership in Vietnam

THE HAGUE - APM Terminals engagesinastrategicpartnership with Vietnamese HATECO group for a project to develop two new deep-waterberthsatLachHuyenportinHaiphongCitylocated inthenorthofVietnam.

As part of the strategic partnership, APM Terminals will provide financial, operational and technical support to HATECO Group Joint Stock Corporation (HATECO). The project aims to capitalise on the favourable natural conditions and geographical location of the area, with the objective of facilitatingdirectimportandexportofgoodsbetweenthenorth of Vietnam and European and American markets. The project is also expected to directly create attractive opportunities for keycustomersandcargoownersinthenorthofVietnam.

“We are proud of Hateco Haiphong International Container Terminal(HHIT)project,whichisthelargestandmostmodern container port facility in Vietnam. We are also excited to partner with APM Terminals and Maersk, who have been carefully chosen to be our long-term strategic partners due to aligned visions for the market and their capabilities to add

valuecommerciallyandoperationally,”commentsMrTranvan Ky,ChairmanofHATECOGroup.

“We are very pleased to partner with HATECO on this important project, further unlocking one of the rapidly growing and high-potential markets in South-East Asia. This involvement naturally underpins our ambition to grow where it benefits our customers, and that is clearly the case in Vietnam. We also believe in the win-win partnership with Hateco, which will create synergies between local expertise and our global capabilities,” comments Martijn van Dongen, Head of InvestmentatAPMTerminals.

18,000 TEU Vessel Capacity

The project entails the investment into and development of two berths with the total length of 900 metres (450 metres each), capable of accommodating container vessels of up to 18,000TEUscapacity.

The investor, HATECO, intends to complete all construction works and deploy equipment by the end of 2024 and the new terminal is expected to become operational by the first quarter of 2025. In the initial phase, the facility will have 5 ship-to-shore (STS)cranesand14rubber-tyregantry(RTG)cranes.

ZIM and Shell complete the First LNG Bunkering Under 10-year LNG Supply Agreement

JAMAICA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Shell International Petroleum Company Limited (Shell), are pleased to announce the successful bunkering of the ZIM SAMMY OFER container vessel with liquefied natural gas (LNG). This vessel was bunkered at Kingston Freeport Terminal Limited(KFTL)onMarch26,2023.

Thiswasamilestoneoperationforanumberofreasons:

• It is the first LNG bunkering operation in Jamaican waters

• The ZIM SAMMY OFER is the first in a series of ten 15,000 TEU LNG dual-fuel containerships which ZIM plans to deployontheirZCPtrade line.

• For these vessels, ZIM recently signed a tenyear marine LNG sales and purchase agreement withShell.

The Maritime Authority of Jamaica has supported Shell and ZIM in enabling LNG bunkering in Jamaica.

“We are proud to be able offer and promote LNG bunkering in Jamaica” said Rear Admiral Peter Brady, Director-General at Maritime Authority of Jamaica.

“Decarbonization of the shipping industry is critical and, being readily available today, LNG is a key part of the transition to cleaner marine fuels. This offering will not only grow local businesses but also encourage

companiestoembracesustainablesolutions”.

David Arbel, ZIM EVP COO, stated, “The safe and efficient LNG bunkering of the ZIM SAMMY OFER is a great achievement for all parties involved. This is the first vessel in our growing LNG-powered fleet that will enable ZIM to be more carbon and cost efficient, thereby improving our competitive position, particularly on the strategic Asia to USEC trade, and allowing customers to reducetheircarbonfootprint.

EquippedwithME-GI(M-type,ElectronicallyControlled Gas Injection) two-stroke engines, ZIM’s LNG dualfueled vessels have negligible methane slip of around 0.2%, a testament of ZIM’s commitment to decarbonizeitsfleet.

Tahir Faruqui, General Manager, Head of Downstream LNG at Shell said: “This landmark bunkingsafelycompletedin collaboration with ZIM and the Maritime Authority of Jamaica expands our LNG bunkering network to the Caribbeans.Witheverynew bunkeringlocationaddedto our footprint, we are demonstrating LNG as the lowest-carbon fuel available at scale today, enabling the shipping sector to start decarbonizing. Kingston, Jamaica is a new LNG bunkering location for Shell, expanding its global LNG bunkeringnetworkto16locations,across11countries.To date, Shell has already achieved over 1,000 safe ship-toshipbunkeringoperationstoitscustomers”.

MOL and Rio Tinto to strengthen Partnership for Safer Operation

TOKYO- MitsuiO.S.K.Lines,Ltd.(MOL; President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) and Rio Tinto, a leading mining and metals company, signed the Designated Owners & Operators (DOO) programme, a Rio Tinto initiative targeted to enhance safety and improve crew welfare in the drybulkindustry.

As a foundational member of the DOO programme, MOL had been closely involved in a series of meetings with Rio Tinto in the conceptualisation and design of the programme, leading to MOL's eventual membership, as one of five initial members,inJanuary2023.

By drawing on existing industry best practices, the DOO programme aims to achieve zero-fatality on ships and improve both safety as well as quality management on

ships. It also targets to uplift crew welfare through selfassessment tools that identify areas for improvements withverificationbyindependentnominatedparties. MOL Group includes "S: Safety" in the MOL CHARTS, the Group Values, and regards safety as a top priority. In addition, we identify "Safety & Value" as one of the sustainability issues that we recognise as a priority social issue to be addressed through our business, and have set goals, KPIs and action plans for safety quality. Among its targets, we include the "4 ZEROES" target of zero serious marine incidents, zero oil pollution, zero fatal accidents, and zero seriouscargodamage. Through many initiatives including thisprogramme,theMOLgroupiscontinuouslyworking toachievethehighestlevelofsafetyintheworld.

MOL and Rio Tinto will continue to work together on the stable transportation of resources through safe vessels' operation.

Require JUNIOR EXECUTIVE for Customer Service Team at our Ahmedabad Office Candidate must be graduate, having minimum 1 year related experience in Shipping Industry (Fresher can also apply), English conversant & Computer literate can drop cv to : suphrs@evergreen-shipping.co.in

TRANSHIPMENT AT COLOMBO TRANSHIPMENT AT PORT KLANG WEST

FOR EXPORT LOADING

SCANDINAVIAN, RED SEA & MED. PORTS from NSICT

Le Havre, Rotterdam, Dunkirk,

CMA CGM Ag. Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre, Dron-3 & Mul Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos. SCI/Hapag CMT/ISS Shpg. Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre —/ULA CFS

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

Indial Indial Shpg. U.K., North Cont., Scandinavian, Red Sea & Med. Ports. Seahorse Ship U.K., North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos Globelink Globelink WW U.K., North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens,

Unifeeder Group Unifeeder Ag. U.K., North Continent & Scandinavian Ports. Dron.2 & TLP

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

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

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

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

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

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

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

All Inland Desti. Dronagiri-1

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

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 TeamGlobalLog. U.K., North Continent & Scandinavian Ports. Pun.Conware

TO

FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from GTI

FOR U.K., NORTH

RED SEA & MED. PORTS from BMCT

TO LOAD FOR USA, CANADA,

PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from

TO

TO

FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH

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

Emirates Shpg. Jebel Ali, Sohar.

X-Press Feeders Sea Consortium Jebel Ali, Bandar Abbas.

LMR Logistic Ser. Jebel Ali, Bandar Abbas.

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

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

Alligator Shpg. Aiyer Shpg. Jebel Ali.

BSS Bhavani Shpg. Jebel Ali, Doha, Kuwait, Bahrain, Bandar Abbas. Ashte CFS Seahorse Ship Gulf Ports.

LMT Orchid Gulf Ports. Dronagiri-3

Bay Line Freight Conn. Port Sudan & Al Sokhna CWC, GDL & DRT

ICC Line Neptune UAE & Upper Gulf Ports.

Ceekay Parekh Gulf Ports.

Team Leader Team Leader Dubai, Jebel Ali JWR CFS

Team Lines Team Global Log. Gulf Ports. ConexTerminal

TO LOAD FOR WEST ASIA GULF PORTS From BMCT

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

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

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

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

Singapore, Laem Chabang, Caimep, Kaohsiung, Seabird CFS

08/0409/04 TBATBA Hyundai Tokyo 0143E N2516 268660-24/03 Maersk Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS

12/0413/04 TBATBA Hyundai Colombo 0131E TS Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia Dronagiri-2

24/0425/04

Ian H 32E

Port Kelang, Singapore, Haipong, Qingdao, Shanghai, Balmer Law. CFS Dron.

Star KMTC(I)/Star Ship Ningbo, Da Chan Bay

Feeders Sea Consortium

Emirates Shpg (CIX3 Service)

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 BMCT

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

JAIGARH PORT LIMITED

WCO marks the 40th anniversary of the Enforcement Committee

BRUSSELS : On 27 March, Dr Kunio Mikuriya, the Secretary General of the World Customs Organization (WCO) opened the 43rd Session of the Enforcement Committee (EC), which will last a week, at the WCO HeadquartersinBrussels,Belgium,thusalsomarkingthe 40thanniversaryoftheEC,createdin1983.

In his keynote speech, Secretary General Mikuriya recalledtheevolutionoftheEnforcementCommitteeover the years, comparing today’s state of play to the sessions he attended 25 years ago as a national delegate. He mentioned five areas of evolution, namely: the scope in respondingtotheneedforenhancedsupplychainsecurity; technology, through the use of the WCO Customs Enforcement Network (CEN) and data analysis; operationsforraisingthevisibilityofCustomscontribution toprotectsocietyatbordersandprovidecapacitybuilding; intelligenceandriskmanagement,toimproveintelligence and risk management tools; and cooperation with

partners. Dr Mikuriya wished further progress in the WCO enforcement and compliance activities to protect society and citizens in line with this year’s theme: Nurturing the Next Generation: Promoting Culture of Knowledge-sharingandProfessionalPrideinCustoms”.

The Enforcement Committee had a special agenda itemtocelebratethe40thanniversarywithavideo.

Members, representative of INTERPOL, Regional Intelligence Liaison Offices (RILOs) and Observers also shared their experience with regard to the Committee meetings and highlighted the Enforcement Committee’s achievements and guidance

Established in 1983, the Enforcement Committee is the leading global forum for WCO Members to discuss Customs Compliance & Enforcement related matters, in order to identify new trends, work priorities and coordinate global and regional cooperation

Total 4686 km National Highways sanctioned by MoRTH in last 3 years

NEW DELHI : Government of India is implementing various flagship and other schemes for the development of the North Eastern Region through the respective administrative Ministries/Departments within the approved financial outlays as per scheme design As per extant policy of the Government, fifty-five non-exempted Central Ministries/ Departments are mandated to spend at least 10% of their Gross Budgetary Support (GBS) for Central Sector and Centrally Sponsored Schemes in the North Eastern Region (NER) for the overall development of the region including infrastructure development. Under 10% GBS, an expenditure of Rs.3.01 lakh crores has been incurred by these Central Ministries/ Departments since financial year 2017-18. The year-wise details of Budget Estimates, Revised Estimates and ActualExpenditureunder10%GBSsincefinancialyear2017-18isin tableform:

India needs increased draft depth to handle large vessels : Parliamentary Committee

Cont’d from Pg. 2

.....the committee said. It observed that increased competition and economy of scale has fuelled the development of bigger ships and to accommodate such vessels,portsmusthaveaccesschannelsofsufficientdepth alongwithadvancedandhighlyefficientterminalfacilities.

“There is an urgent need to increase the draft of almost all the ports of the country under the Sagarmala Programme, for which, the requirement of dredging at Indian Ports should be assessed and dredging plans should be formulated to accommodate larger ships,” the committee recommended.

While noting that though the Government has taken a number of initiatives to modernize our ports under the SagarmalaProgramme,thecommitteesaidalotremainsto be done to ensure deep draft availability to handle mega ships.

The committee recommended that the Ministry of ports,

shipping and waterways should expeditiously resolve all pending issues, including clearances related to land acquisition, CRZ clearances etc, so that the execution of Sagarmalaprojectsisexpedited.

The committee pointed out that only two Indian ports featureinthetop40GlobalContainerPorts.

While pointing out that there is significant potential to develop port infrastructure in India and become competitive with other leading maritime nations by driving cost effectiveness, it recommended that overall capacity augmentation of Indian ports should be done and cost competitiveness at Indian ports should be ensured in a manner that in the next 5-7 years India has at least 5 of its portsbycontainerthroughputinthetop40ports. The committee also suggested that Major Ports should consider suitable reduction in vessel related charges and make them at par with the charges prevailing in neighbouringforeignports.

Adani Ports Mundra clocks 40 vessel movements in a day

Cont’d from Pg.2

....."The management of the port expresses their sincere appreciation and acknowledgement of the hard work and dedication exhibited by the team responsible for achieving thissignificantmilestone.Werecognizethatthesuccessofthe port is a result of the collective efforts of various departments. The unwavering commitment of the team to provide seamless services has played a crucial role in enhancing the port's reputation." Spokesperson,APSEZ.

APSEZ has invested heavily in technology, infrastructure, and equipment to enhance its operational capabilities across its ports. Besides, the teams also undergo rigorous training to handlecomplexandchallengingsituations.

Mundra Port's outstanding achievement in handling vessel movements is a clear demonstration of their unwavering dedication to delivering exceptional services to their customers, placing them at the forefront of India's maritime industry. This remarkable accomplishment is a true reflection

of the nation's maritime sector's increasing importance and the vast potential for further growth. The port's exceptional capability in handling an immense volume of cargo and vessels is pivotal to India's economic and trade prosperity. APSEZ is poised to harness India's maritime economy, which presents an immense opportunity for progress and expansion, with the Government's proactive policies and initiatives set to play a vital role in unlocking this potential and drivinggrowthinthesector.

Mundra Port's vision is to establish itself as a world-leading port by offering cutting-edge, sustainable, and innovative solutions. The port aims to promote sustainability and implement innovative technologies. This clearly reflects APSEZ’s forward-thinking approach and the intent to remain at the forefront of industry advancements. With this ambitious vision, Mundra Port is poised to become a leading player in the global market, setting new standards for excellence, efficiency,andsustainability.

Interested in improving Rupee trades with G20 countries : Commerce Secretary

NEW DELHI - The Country will use the G20 platform to further push the cross border trade settlement in rupee with the member countries, Commerce Secretary Sunil Barthwal saidrecently.

He said the focus will be on those countries that are facing problems with a particular currency or a basket of currencies, andarelookingtocomeoutofthatcrisis.

“We are interested in improving the trade with respect to the currencies of the countries that are trading (with India). Definitely, we would like to see that rupee trade also happens, particularly with those countries which are facing (currency) issues,” Barthwal said while answering a question on whether IndiawillusetheG20platformtoboostrupeetrades.

He was addressing the media on the eve of the first Trade and Investment Working Group (TIWG) under India’s G20 Presidency,inMumbaifromMarch28to30.

India is holding the G20 Presidency from December 1, 2022 to November30,2023.

Last year in July, the Reserve Bank of India (RBI) had put in place a mechanism to settle international trade in rupees to promotegrowthofglobaltradewithemphasisonexportsfrom India and to support the increasing interest of the global trading community in the rupee. On March 14, Minister of State for Finance Bhagwat Karad informed Rajya Sabha that the Reserve Bank of India (RBI) has given approvals to domestic and foreign AD (Authorised Dealer) banks in 60 cases for opening of Special Rupee Vostro Accounts (SRVAs)ofcorrespondentbanksfrom18countries.

The countries include Botswana, Fiji, Germany, Guyana, Israel, Kenya, Malaysia, Mauritius, Myanmar, New Zealand, Oman, Russia, Seychelles, Singapore, Sri Lanka, Tanzania, Uganda,andtheUnitedKingdom.

A Vostro account is an account a correspondent bank holds on behalfofanotherbank.

During the three-day TIWG meeting, over 100 delegates from G20 member countries, invitee countries, regional groupings and international organizations will engage in deliberations to accelerateglobaltradeandinvestments.

Trade finance supports economic growth, and it is integral for maintaining international trade flows, for mitigating risks emerging from tight liquidity. Around 80 per cent of all international trade uses some type of trade finance instrument, such as letter of credit, supply chain financing, invoicediscountingandreceivablesfinancing.

Global trade finance involves a number of parties, including banks, trade finance companies, export credit agencies, insurers, importers and exporters. Trade finance is the lifebloodofcross-bordertrade.

The Group of Twenty (G20) comprises 19 countries –Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United KingdomandUnitedStatesandtheEuropeanUnion.

The G20 members represent around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds oftheworldpopulation.

CCI approves acquisition of shareholding of JM Baxi Ports and Logistics by HL Terminal Holding B.V.

NEW DELHI : The Competition Commission of India (CCI) approves the acquisition of shareholding of JM Baxi Ports and Logistics Limited by HL Terminal Holding B.V., a wholly ownedsubsidiaryofHapagLloydAktiengesellschaft. The proposed combination pertains to acquisition by HL Terminal Holding B.V. (Acquiring Entity) of certain shareholding of JM Baxi Ports and Logistics Private Limited (Target)(ProposedCombination).

AcquiringEntity

The Acquiring Entity, is a newly incorporated entity, intended to serve as a strategic / investment holding company for the port terminal business of Hapag Lloyd Aktiengesellschaft (HLAG). HLAG is the parent company of the Acquirer Group.

Headquartered in Germany, the Acquirer Group is an international group of companies active in the maritime sector, offering global transport services for containerized cargo (i.e., deep-sea and short-sea container shipping services for the transport of both reefer and dry cargo) under theHapag-LloydAGbrand.

Target

The Target is a private terminal and inland transport service provider in India. Its operations comprise providing container terminal services (CTS), operating a multipurpose terminal, inland container depots, container freight stations and additional logistics activities, such as rail transport servicesacrossIndia.

PM Modi’s long-term vision is shaping new India: Sarbananda Sonowal

JORHAT : Union Minister Sarbananda Sonowal recently lauded Prime Minister Narendra Modi and said that his long-term vision isshapinganewIndia.

“The visionary leadership of PM Modi has ushered a new wave of development with the ‘Sabka Saath, Sabka Vikas, Sabka Viswas, Sabka Prayas’ policy. India is moving in the direction of becoming an Atmanirbhar Bharat – bringing the dream of ‘Made in India’ led development a reality. With the surge of the Start-Up movement, the youth of the country has also become active agentsofthiswonderfulmovement.DuetothevisionofPMModi, the dreams and aspirations of people of the country are getting realised,”Sonowalsaid.

Highlighting the development of the Northeast under PM Modi’s Government, the Union Minister said that the Northeast has scripted a new horizon of progress as it has become the new engineofgrowthforIndia.

“The benefits of the Government schemes are now trickling down to the women, youth and farmers with direct benefit transfer and other policy amendments to cut down middlemen, bringing in efficiency in the governance system. This is the perfect example of how minimum government can deliver maximum Governance. Similarly, the shift to Act East policy has proved to be the catalyst of change as the region becomes an important region which is bridging India and South East Asia,” hesaid.

“The rural economy has also strengthened as considerable movement is happening in the industrialisation, information technology in the country. Thanks to the long term policies as envisionedbyPrimeMinisterNarendraModi,thequalityof life and standard of living of people has improved considerably,” the Minister added.

National highways infra of India to match US by 2024: Nitin Gadkari

NEW DELHI : India’s highways infrastructure will match that of the US by 2024 for which work in time bound ‘mission mode’ is on including construction of green expressways and rail over bridges, Union Road Transport and Highways Minister

Shri Nitin Gadkari said.

He said cabinet nod to ‘Bharatmala 2’ is likely soon and once obtained it will meet the requirements of a robust infrastructure inthecountry.

“I am confident that India’s highways will be on par with that of the US by 2024. Work in a time bound mission mode is on to build a robust infrastructure including a network of green expressways across the length and breadth of India,” Gadkari told in an interview.

The Road Transport and Highways Minister said in this year railway over bridges are being constructed at a cost of Rs 16,000 crorewhichwillbeincreasedtoRs50,000croreinfiveyears.

On the Kailash Mansarovar highway project via Pithoragarh,

Gadkari said “Ninety three per cent work on Kailash Mansarovar project has been completed.” With the completion of this project, the arduous trek through treacherous high-altitude terrain can be avoided by pilgrims of Kailash Mansarovar Yatra and the period of journey willbereducedbymanydays.

At present, travel to Kailash Mansarovar takes around two to three weeks through Sikkim or Nepal routes.

On Bharatmala Phase 2, the minister said: “Nod is likely soon to Bharatmala Phase 2 that will further accelerate the making of highways.” About 5,000 km of highway network is envisaged under phase 2 initially.

Bharatmala Pariyojana is India’s largest infrastructure programme to develop about 35,000 km of National Highway corridors, connecting over 580 districts in the nation. The programme signalled a paradigm shift to corridor approach of infrastructure development.

Shipping industry can save $50 bn through four enablers of operational efficiency

LONDON : The shipping industry is facing a major transformation as it is working towards full decarbonisation by 2050.Short-termactionsthatimprovetheoperationalefficiencyof existingvesselscanplayacriticalroleinreducingemissions.

A new insight brief series from the Global Maritime Forum identifies four actions that maritime and shipping industries can take now to support shipping’s transition to a sustainable and resilientzero-emissionfuture.

“We need to clean up shipping supply chains and optimise our operations. To do this, we must collaborate, standardise, and be transparent. Let’s share the benefits of slowing down and let’s collectively make a difference,” says Eman Abdalla, Global Operations & Supply Chain Director at Cargill Ocean Transportation, one of the largest transporters of dry and bulk

cargointheworld.

The International Maritime Organisation (IMO) is expected to adopt a revised greenhouse gas emissions strategy at the MEPC 80 meeting in July – the most important climate meeting for shipping this year. While the industry is unsure whether the outcome of MEPC 90 will result in the adoption of a low-ambition or high-ambition strategy, in either case, the need for short-term operational efficiencies will be crucially important for the transition.

Randall Krantz, Senior Adviser on Decarbonisation at the Global Maritime Forum says: “the operational performance of vessels and entire fleets presents a huge opportunity to the shipping industry, but it will require unprecedented levels of disruptive thinkingtobreakthroughfromdialoguetoaction.”

SHIPPING MOVEMENTS AT DEENDAYAL PORT

TODAY’S TIDE 29/03/2023

VESSELS IN PORT & DUE FOR EXPORT LOADING

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

LIQUID CARGO VESSELS

KANDLA INTERNATIONAL CONTAINER TERMINAL (KICT)

SHIPPING MOVEMENTS AT ADANI PORT

ADANI PORTS & SEZ LTD. (APSEZ) MUNDRA

SHIPS SAILED WITH EXPORT CARGO

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT LOADING

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

(AICT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

TO LOAD FOR U. K. NORTH CONTINENT, MEDITERRANEAN, BLACK SEA, RED SEA, EAST EUROPE & CIS PORT

CONTAINER

ADANI MUNDRA AUTOMOBILE TERMINAL

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

TO

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS

OTHER PORTS OF GUJARAT

JAMNAGAR (BEDI) PORT

(As on 28-03-2023)

MULDWARKA PORT

(As on 28-03-2023)

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

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

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

NSICT

NSIGT

GTI

Vessel Name (Voy) Sailing Dt. Next Port EXPORT SAILING FROM NSFT

(V-OMXEPW1)

Colombo

OOCL Luxemburg (V-101E) 28-03-2023 Pipavav

AS Nora (V-02SDXS1) 25-03-2023 ACMTPL

Maersk Genoa (V-311W) 25-03-2023 Salallah

Interasia Catalyst (V-E022) 25-03-2023 MICT

Wan Hai 307 (V-E423) 26-03-2023 Tuticorin

Xin Pu Dong (V-265E) 26-03-2023 AICT

ESL Dachan Bay (V-2309E) 27-03-2023 Hazira

Navios Indigo (V-06W) 27-03-2023 Colombo

X-Press Altair (V-23009E) 27-03-2023 Mundra

Uru Bhum (V-115E)

CT/COASTAL/ CT/COASTAL/LIQUID BERTH LIQUID

E. F. 17-03-2023

FOREIGN EXCHANGE RATES

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

MARCH 2023

Govt. aims to bring down logistics cost to a single digit at 9% by the end of 2024 – Nitin Gadkari

NEW DELHI, 28th March 2023: The main challenge in the Indian industry, trade and business is the high cost of logistics which is currently at 16%, whereas in European countries and America it is 12% and in China it is 8%. By the end of 2024, the aim of my Ministry is to bring down logistics to a single digit at 9% which in turn will help us increase export, said Shri Nitin Gadkari, Minister of Road Transport and Highways, GoI. He was speaking at the ASSOCHAM Annual Session 2023 held at Delhi.

“To accomplish this, the Government is focusing on improving both roadways and railways. We are building green highways and industrial corridor with focus on reducing the distance betweenmajorcitiesandhubs.”Hefurtheradded.

Talking about some of the key national highway projects Shri Gadkari said, “After completion of the Delhi-Mumbai expressway, people can travel between Delhi and Mumbai in just 12 hours; Nagpur Mumbai in 5 hours and Nagpur Pune in 6 hours. This will help reduce the logistics cost. We are building tunnels in Jammu and Kashmir and Ladakh and these are going to reduce the distance drastically For example from Manali to Rohtang pass it us to take a travel time of 3 ½ hours and now with Atal Tunnel, one can cross the tunnel in just 45 minutes and reach in 8 minutes after coming out of the tunnel.”

Discussing about saving fuel cost by focusing on alternative fuel Shri Gadkari said, “Our focus should be on converting waste to wealth. For example, Delhi has three mountains of solidwaste.Withinnexttwoyearsthiswastewillbeusedinroad construction, flattening the waste fields. We are focussing on developing outer-outer ring road which passes over 13 railways lines. Roadmap has been prepared to shift wholesale markets andwarehousestodesignatedzonesaroundthiszone.Thiswill decongest Delhi- commercial vehicles will bypass entry into Delhi,reducingpollutionproblem.”

Giving more insights, he said, Delhi NCR suffers from the problem of rice straw (parli) burning causing high level of pollution. “Central Road Research Institute in collaboration with Central Road Research Institute has developed technology to convert rice straw (parli) into bitumen which will

be used for road projects. This will not only help in reducing pollution but also save on the import cost of bitumen. With the help of technology rice straw (parli) is also being converted in bio ethanol and considered as alternative fuel. Our focus has also shifted towards hydrogen as alternative fuel. There are three types of hydrogen namely brown hydrogen from petroleum, black hydrogen from coal and green hydrogen from water Indian Chemical Research Institute is already engaged in developing technology to build up biomass, which biotechnologically will yield methane and consequent green hydrogenwithoutusingpowerforelectrolyzingwater.”

“The aim is to reduce the cost of hydrogen as fuel to $1 which in turn will run a vehicle up 450 Kilometres. Green hydrogen is a futuristic fuel and help run transportation and various other industries without power It can be used in aviation and railways.Theproblemofpowerplantsproducingflyashsolved. Fly ash now being utilized in road construction as mix with bitumen and cement. I personally feel that our priority should be ethics, economy, ecology and environment. So, our focus shouldbefromwastetowealth,”hesaid.

Acknowledging ASSOCHAM’s contribution to nation’s growth, the Minister said “I would like to thank ASSOCHAM for helping us save 5 thousand crores in the Zoji-La Tunnel project, the project cost of which was estimated at 12 thousand crores. This has been made possible with the contribution ASSOCHAM in a veryconduciveenvironmentandisasavingforthenation.”

Earlier, Shri Sumant Sinha President ASSOCHAM, while delivering the welcome address said, “Policy interventions on green hydrogen can catapult India into a major green economy. It can create value changes that can help us leapfrog to a cleanenergy future Commending the Hon’ble Minister, Shri Nitin Gadkariforhisvision,focusoninnovationandemphasisontimely completion of projects that are becoming key drivers towards making India a $5 trillion economy by 2025 he also said, “EmpoweringIndia’syouthinAmritKaalwilltakeusonthewayto becoming a developed nation in the next 25 years and ASSOCHAM’s vision of Bharat@100 will play an important role ”

Mr. Ajay Singh, Sr. Vice President ASSOCHAM; Mr. Deepak Sood, Secretary General ASSOCHAM; Mr. Vineet Agarwal, Immediate Past President ASSOCHAM; Mr. Balkrishan Goenka, Past President ASSOCHAM had also sharedthedaisalongwiththeminister