MUM-29-05-2023

Vol.LXIIINo.97

th MONDAY 29 MAY 2023

India Maritime Awards 7th Edition : Elegance & Excellence Awaits on 7th July, 2023 in Mumbai

MUMBAI: Awards and accolades return with the 7th edition of India Maritime

A w a r d s o r g a n i z e d a n d managed by Daily Shipping

T i m e s . I t i s t h e m u c hanticipated time of the year for the industry to come together, celebrate and commemorate theachievementsofthelastyear

An evening brimming with dignitaries and stalwarts across the shipping, logistics and maritime sector The 7th Edition of India Maritime Awards would be hostedon Friday, 7th of July, 2023 in Hotel Sahara Star, MumbaiatJadeBallroom,5:30pmonwards.

Honouring the accomplishments in the logistics industry, India Maritime Awards is synonymous withtrustwithintheindustry Organized and Managed by Daily Shipping Times – India’s Oldest and First Shipping NewspaperservingtheMaritimefraternitysince1960

The Award Ceremony presents a High level of Networking and Interacting Opportunities with trade dignitaries and partners in high attendance. We look forward to applauding and celebrating the excellence of the industry Top Performers selected by the Eminent Jury having decades of experience in this field. TheCeremonyendswithNetworking,CocktailandDinner

*Entry to this Award function is strictly by invitation and registration only

JNPA celebrates 34 years of Excellence and Achievement

NAVI MUMBAI: Jawaharlal Nehru Port Authority (JNPA), India’s biggest state-run container port by volumes handled, has completed 34 years of operations on 26th May amidst the euphoria created by a recent World Bank report that put it amongst a galaxy of global ports turning aroundboxshipsquickly

Cont’d. Pg. 4

.. Refer Pg. 11

JNPA celebrates 34 years of Excellence and Achievement

thebestintheworldinperformanceparameters.

In keeping with the current trends in cargo handling, the port has also adopted technological tools to manage cargo flows for reducing dwell time and promote ease of doingbusiness.

Cont’d. from Pg. 3

JNPort has emerged as an epitome of excellence, revolutionizing the maritime landscape with its state-ofthe-art infrastructure, cutting-edge technology, and unwavering commitment to efficiency and customer satisfaction over 34 years. JNPA has risen to become one of the most advanced and sought-after ports in the region, handling significant volumes of cargo and serving as a crucial gateway for internationaltrade.

The port located at Nhava Sheva near Mumbai, was originally designed to decongest the decades old Mumbai Port nearby and sitting in the heart of India’s financial capital.

The rise of Jawaharlal Nehru Port, one of the two youngest major ports,

has been nothing but spectacular. It handles more than half of India’s container volumes shipped by sea. The world’s top three container terminal operators –PSA International, DP World and APM Terminalsrunsfacilitiesattheport,afeaturethatnoneoftheother Indian ports can boast of. Along with the calling of the world’s top container shipping lines at the port to load andunloadthesteelboxescarryingvariedcargo.

TheWorldBank’sLogisticsPerformanceIndex(LPI) Report, 2023 came on top of another superlative performance by the port - hitting a record high cargo volume of 6.05 Million TEUs in the year ended March2023.

The World Bank’s observation in its Logistics Performance Index (LPI) Report, 2023 that Jawaharlal Nehru Port turns around box ships in a mere 22 hours or just 0.9 days is a testament to the port management’s efforts, ably backed by the terminal operators and other key stake holders, to build a port that can vie with

“J N Port’s journey into a world class port has run paralleltoIndia’sriseasaneconomicpower.Theport has played a very major role in moving goods in steel containers as containerisation became entrenched in global supply chain,” said Shri Sarbananda Sonowal,

Hon’ble Union Minister of Ports, Shipping and Waterways&AYUSH.

“The efficiency and productivity parameters displayed by J N Port compares well with the best in the world. This was made possible through a combination of private partners and port management working as a team to the benefit of India’sexport-importcommunity,”hesaid.

Jawaharlal Nehru port is a feather in the cap of the Union government as it seeks to build world classportstosupportitsambitiousplanstobecome a$5trillioneconomy.

“All this would not have been possible without the unwavering support of our stakeholders, including the Ministry of Ports, Shipping, and Waterways, Government of India, customers, employees, and the local community. By committing to continuous innovation, expansion, and service excellence, we remain dedicated to our vision of becoming a global maritime hub,” said Shri Sanjay Sethi, IAS, Chairman,JNPA.

To commemorate the significant milestone, JNPA organized Foundation Day event, in Mumbai on May 25, 2023 wherein Shri Sarbananda Sonowal, the Hon’ble Union Minister for Ports, Shipping and Waterways, was the Chief Guest. The top performers amongst the Trade and JNPA employees were felicitated by Hon’ble Minister Shri Sonowal ji, in presence of Maharashtra Port Development Minister Shri Dadaji Bhuse, Shri Sanjay Sethi, IAS, Chairman, JNPA, Shri Unmesh Sharad Wagh, IRS, Dy. Chairman, JNPA, Ministry officials, stakeholders across maritime sector, JNPA officials and other imminent dignitaries presentattheoccasion.

JNPA celebrates 34 years of Excellence and Achievement

BEST PERFORMERS OF THE YEAR – 2022-23

16) JNPASEZ MANUFACTURING UNIT FOR HIGHEST EXPORT CARGO HANDLED AT JN PORT IN A YEAR DURING 2022-23 :M/s.KrishFoodIndustries–368TEUs(Rs.62Cr.)

Cont’d. from Pg. 4

AWARDS

1) SHIPPING LINE FOR HIGHEST CONTAINER TRAFFIC HANDLED AT JN PORT IN A YEAR DURING 2022-23 :- M/s.MAERSKLineIndiaPvt.Ltd. –0.86MillionTEUs.

2) CONTAINER FREIGHT STATION (CFS) FOR HIGHEST IMPORT CONTAINERS HANDLED AT JN PORT IN A YEAR DURING 2022-23 :- M/s. Allcargo TerminalsLtd.–1,43,359TEUs.

3) CONTAINER FREIGHT STATION (CFS) FOR HIGHEST EXPORT CONTAINERS HANDLED AT JN PORT IN A YEAR DURING 2022-23 :M/s.JWRLogistics–1,02,258TEUs.

4) CONSIGNEE FOR HIGHEST DRY BULK CARGO HANDLEDATJNPORTINAYEARDURING2022-23:M/s.UltraTechCementLtd.–1.36MillionTonnes.

5) CONSIGNEE FOR HIGHEST LIQUID CARGO HANDLEDATJNPORTINAYEARDURING2022-23:M/s. Indian Oil Corporation Ltd. (IOCL)— 1.07 MillionTonnes.

6) TANK FARM OPERATOR FOR HIGHEST LIQUID CARGO HANDLED AT JN PORT IN A YEAR DURING 2022-23 :- M/s. Ganesh Benzoplast Ltd. — 1.63MillionTonnes.

7) IMPORTERFORHIGHESTIMPORTCONTAINER CARGO INCLUDING DIRECT PORT DELIVERY (DPD) HANDLED AT JN PORT DURING 2022-23 :M/s HP India Sales Private Limited –ValueofRs.8,825Crores

8) EXPORTERFORHIGHESTEXPORTCONTAINER CARGO INCLUDING DIRECT PORT ENTRY (DPE) HANDLED AT JN PORT DURING 2022-23 :M/sBajajAutoLimited–ValueofRs.12,886Crores

9) CONTAINER TERMINAL FOR HANDLING HIGHESTCONTAINERTRAFFIC AT JN PORT IN A YEARDURING2022-23:- M/s.APMTerminal-Mumbai (APMT)- 1.85MillionTEUs.

10) CONTAINER TERMINAL FOR HANDLING

2nd HIGHEST CONTAINER TRAFFIC AT JN PORT

DURING THE YEAR 2022-23 :- M/s. Bharat Mumbai ContainerTerminal(BMCT) - 1.71MillionTEUs.

11) CONTAINER TERMINAL FOR BEST VESSEL TURNAROUND TIME AT JN PORT IN A YEAR

DURING 2022-23 :- M/s. Nhava Sheva International ContainerTerminal(NSICT)–19.89 Hours.

12) CONTAINER TERMINAL FOR BEST OUTPUT PER SHIP BERTH DAY AT JN PORT IN A YEAR

DURING 2022-23 :- M/s. Nhava Sheva (I) GatewayTerminal(NSIGT)–47,822Tonnes.

13) CONTAINER TERMINAL FOR BEST RAKE TURNAROUND TIME AT JN PORT IN A YEAR

DURING 2022-23 : - M/s. Nhava Sheva International

ContainerTerminal(NSICT)–4.8 Hours

14) CONTAINER TERMINAL FOR BEST GREEN INITIATIVES ATJNPORTINAYEARDURING2022:M/s. Nhava Sheva (I) Gateway Terminal (NSIGT)LowestCo2Emissionof12.07Kg/TEU

15) CONTAINER TRAIN OPERATOR FOR HIGHEST RAIL HANDLING AT JN PORT DURING THE YEAR

2022-23 :- M/s. Container Corporation Of India Ltd (CONCOR) - 57.85%

17) JNPSEZ UNIT FOR HIGHEST EXIM CARGO HANDLED AT JN PORT IN A YEAR DURING 2022-23 : - M/s. OWS Warehouse Services LLP –1,019TEUs

18) TRANSPORTER FOR HIGHEST CONTAINER MOVEMENT AT JN PORT DURING 2022-23 : M/s.ROYALTRANSLINESPVT.LTD–4,92,409TEUs

SPECIAL RECOGNITIONS

1) SPECIAL RECOGNITION FOR J AWAHAR CUSTOMS FOR VARIOUS INITIATIVES FOR FASTER CLEARANCE OF CONTAINER / CARGO ATJNPORTDURING2022-23

2) SPECIAL RECOGNITION FOR BRIHANMUMBAI CUSTOM BROKERS ASSOCIATION (BCBA) FOR PROVIDING ORIENTATION ON CUSTOM SERVICES FOR EMPLOYMENT OPPORTUNITIES IN PORT SECTOR DURING 2022-23

3) SPECIAL RECOGNITION FOR FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA (FSSAI) FOR CONTRIBUTION FOR FASTER CLEARANCE OF CONTAINER/CARGO ATJNPORTDURING2022-23

4) SPECIAL RECOGNITION FOR M/s. DIVVYA CPP PRIVATELTD.FORCONTRIBUTIONTOVARIOUS DIRECT PORT ENTRY (DPE) MEASURES THROUGH CENTRALIZED PARKING PLAZA (CPP) ATJNPORTDURING2022-23

5) SPECIAL RECOGNITION FOR M/s. NICDC LOGISTICS DATA SERVICES (NLDS) FOR BRINGING VISIBILITY, TRANSPARENCY AND EFFICIENCY IN LOGISTICS SUPPLY CHAIN THROUGH LOGISTIC DATA BANK (LDB) SERVICES ATJNPORTDURING2022-23

6) SPECIAL RECOGNITION FOR CENTRAL WATER ANDPOWERRESEARCHSTATION(CWPRS)FOR PROVIDING PROMPT TECHNICAL SUPPORT FOR PORT DEVELOPMENT PROJECTS AT JN PORTDURING2022-23

7) SPECIAL RECOGNITION FOR M/s. ALLCARGO LOGISTICS PRIVATE LIMITED FOR SMOOTH AND EFFICIENT RUNNING OF JNPA CIDCO ALCARGO MULTI-SKILL DEVELOPMENT CENTER UNDER PRADHAN MANTRI KAUSHALYA VIJAS YOJANA AT JN PORT DURING 2022-23

8) SPECIAL RECOGNITION FOR M/s. UPLIFT INDIA ASSOCIATION FOR PROVIDING PRIMARY HEALTHCAREFACILITIES,HEALTHGUIDANCE AND SUPPORT TO TRUCK DRIVERS AT CENTRALISED PARKING PLAZA AT JN PORT DURING2022-23

9) SPECIAL RECOGNITION FOR MR. KOEN CORNILLY, PROJECT MANAGER, PORT OF ANTWERP, BELGUM FOR ORGANIZING TRAINING PROGRAMMES IN VARIOUS ARENA FOR OFFICIALS OF MAJOR PORTS AT JN PORT DURING2022-23

10) SPECIAL RECOGNITION FOR M/s. GRASSROOTS RESEARCH & CONSULTANCY FOR ENVIRONMENTALPLANNINGANDLANDSCAPE DESIGN FOR REJUVENATION OF WATER BODIES ATJNPORTDURING2022-23

11) SPECIAL RECOGNITION FOR SHRI. SUHAS AMBADE FOR OPERATIONALIZATION OF DISTRIBUTION FRANCHISE (DF) AT JN PORT

R Dinesh takes over as CII President

NEW DELHI: The National Council of Confederation of Indian Industry (CII) recently elected R Dinesh, Executive Vice Chairman of TVS Supply Chain Solutions, as the President of CII for 2023-24. He takes over from Sanjiv Bajaj, Chairman andManagingDirector,BajajFinservLimited.

A fourth-generation TVS family member, Dinesh started TVS Supply Chain Solutions (erstwhile knownasTVSLogistics)in1995.Thecompanynowhas apresenceacrosscontinentsandisservingcustomers inover50countries.

Sanjiv Puritakes over as President-Designate of CII for the year 2023-24. He is the Chairman and

Managing Director of ITC Limited, one of India’s foremost conglomerates with business spanning FMCG, hotels, paperboards and packaging, agribusiness and information technology.

Rajiv Memani takes over as Vice President of CII for the year 2023-24. He is Chairman of the India region of EY (Ernst & Young), a leading global professional services organisation. He is also a member of EY’s global management body as the ChairofitsGlobalEmergingMarketsCommittee.

Largest Container Ship in the World calls on Port of Antwerp-Bruges

ANTWERP: The Container ship MSC Loreto arrived at the port of Antwerp last night to load and unload containers at the MSC PSA European Terminal (MPET) at the Deurganckdock. It is the newest largestcontainershipintheworld.

The ship can carry 24 346 TEU (20-foot containers). It is not only the largestshipevertocallattheport,itis currently the largest container ship in theworld.AtitleitshareswithitssistershipMSCIrina.

The ship started her maiden voyage from Ningbo (China) on 19 April and will depart for Felixstowe (UK) on 28 May. It is 400 metres long, 61 metres wide and has 25 crew members. The ship transports a wide range of goods from raw materials to finished products, such as machinery,plastics&rubber,electronics,furniture...

PortofAntwerp-Brugesisorganisingfivetourstoview the MSC Loreto from the water on Saturday 27 May. All750seatswerebookedinjustafewhours.

Jacques Vandermeiren, CEO, Port of AntwerpBruges: "Calls by record ships at our port continue to capture the imagination. So today we are proud to welcometheMSCLoreto.Thisdemonstratesthatourport can receive the largest container ships. This positions Antwerp well for further increases in scale. It is our ambitionasaporttocontinuetogrowinasustainableway,

with a firm finger on the pulse of the globaleconomicsituation."

AnnickDeRidder,Vice-Mayorof theCityofAntwerpandPresidentof the board of directors of Port of Antwerp-Bruges: "As a world port, our port is the economic engine of Flanders. With a world port comes a world record. With the MSC Loreto welcoming not only the largest ship ever to call at the port, it is currently the largest container ship in the world. With a record ship comes performing infrastructure. We therefore ensure that the largest ships can continue to be handled at the terminals. Record ships also need sufficient container capacity. Additional container capacity Antwerp remains an absolute prioritytokeepplayingatthetoplevelofworldports."

Marc Beerlandt, CEO, MSC Belgium: "The interest in the arrival of the new record ship the MSC Loreto confirms that the activities in the port of Antwerp still capture the imagination of the general public! This pleases MSC enormously and shows that the choice of Antwerp as a European hub is definitely the right one. The commitment of our MSC people, the productivity of the Antwerp dockers, the support of the industrial fabric inside and outside the port area, the excellent cooperation with the Port of AntwerpBruges port authorities create an excellent support base for furtherdevelopmentsofourcompany."

Gateway Distriparks FY23 Consolidated PAT up 8.08% YoY to Rs 241.90 crores

MUMBAI/DELHI: Gateway Distriparks Limited (GDL), a leading integrated inter-modal logistics facilitator in India, today announced its audited financial resultsfortheMarchquarterofthecurrentfinancialyear.

it was a loss making facility for the company. For a like-to-like comparison, excluding Punjab Conware CFS from the Company’s throughput and financials, on a YoY basis, the total throughput grew by 6.91% , total revenue grew by 10.5% andtotalEBITDAgrewby1.2%forthefullfinancialyear.

Note: The Company was operating CFS Punjab Conware in Nhava Sheva for 10 months in FY22 after which the O&M agreement expired. Punjab Conware FY22 revenue was Rs. 87.52 crores and EBTIDA was Rs. 15.84 crores. However, after payment of license fees Rs.16.44crorestoPunjabStateWarehousingCorporation,

PremKishanGupta,ChairmanandManagingDirector, commented, "We are pleased to report healthy financial performance for the company for the quarter and year ending 31st March 2023. While there has been a slowdown in Export volumesinthepastsixmonths,signsofrecoveryarenowbeing seenfromAprilonwards.Importvolumeshavebeengrowingto alargeextent.Ourfocusremainsonimprovingefficienciesand expanding our network. In the beginning of FY23, we had allocated Rs. 500 crores towards capital expenditure to be utilised by fiscal year 2025, with about Rs. 200 crores already invested thus far towards the acquisition of ICD Kashipur and land procurement and initial development of ICD Jaipur. Ourgoalistoinvesttheremainingamountinnewprojectsand we are actively exploring both greenfield and acquisition optionsinNorthernandCentralIndiatoexpandournetworkof ICDsinthenexttwoyears."

Mr. R Dinesh

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

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

CMT Southampton, Rotterdam,Antwerp,Dunkirk, Felixstowe, Le Havre

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. Pun.Conware

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

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

TO

FOR U.K., NORTH

SCANDINAVIAN, RED SEA & MED. PORTS from BMCT

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

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

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

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

TO LOAD FOR WEST ASIA GULF PORTS From NSICT

PORTS From NSIGT

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

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

LOAD FOR FAR EAST, CHINA & JAPAN PORTS from NSICT

Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3

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

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

Singapore, Haiphong, Qingdao, Shanghai, Ningbo.

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

PORTS from GTI

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

TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from BMCT

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

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

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

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

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

JAIGARH PORT LIMITED

TO LOAD FOR USA, CANADA,

SOUTH-CENTRAL

TO LOAD FOR FAR EAST / EAST, WEST & SOUTH AFRICA / AUSTRALIA & NEW ZEALAND

NOTICE TO CONSIGNEES

The above vessels are expected / has arrived at NSICT/BMCT on above mentioned dates with Import Cargoes in containers.

Consignees are requested to obtain the Delivery Order by surrendering ORIGINAL BILLS OF LADING duly discharged on payments of relative charges as applicable within 5 days or else detention charges will be applicable.

Consignees will please note that the carriers of their agents are not bound to send individual notification regarding arrival of the vessel or the goods. For detailed information on cargo availability, please contact our office.

*Note: The importers having AEO status and those who are availing DPD facility for containerized cargo are allowed to pay Terminal Handling Charges (THC) directly to Ports/Terminal through their P.D Accounts. Upon making THC payment importers are requested to submit proof of payment duly stamped and acknowledged by Port/Terminal to Avana Global FZCO for issuance of Delivery Order (DO) without Avana Global FZCO’s THC Invoice and Receipt. Visit our Website : www.avanalogistek.com for Import Vessel arrival & IGM details

UNIFEEDER AGENCIES INDIA PVT. LTD.

As Agents of : UNIFEEDER FZCO

D:301-305, Level 3, Tower -II, Seawoods Grand Central, Plot No. R1, Sector 40, Nerul Node, Navi Mumbai 400706 • Email : dhirendra.singh@unifeeder.com

NOTICE TO CONSIGNEES

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

Movement to : OCEAN GATE CONTAINER TERMINAL PVT. LTD.

As Agents :

India took 60 yrs to become $ 1 Trn economy; can reach next trillion in next 2 yrs : WEF Chief

NEW DELHI: India took 60 years to become a trillion-dollar economy butitmayreachthenexttrillioninthe next two years, President of the World Economic Forum, Borge Brende hassaid.

The goal of reaching a trilliondollar economy has ridden on the back of India’s digitisation, which is a success story for the world, Borge added. He was speaking at a CIIsessioninNewDelhionMay25.

“The budget for digital infra increased by 25 percent from 2022 to 2023. This is on top of the increase in digital budget allocations over the pastseveralyears,”Borgesaid.

This digitisation has led to the creationof77,000startupsandseveral global unicorns, Borge said, adding, it was the Indians who earlier ran SiliconValleyandnowwehaveIndian

startupsinitsplacerulingtheworld.

Borge however cautioned that onlyhavinganopenpredictablepolicy for investments, away from red tape will help the country maintain the growthmomentum.

India was 1/23rd in data consumptionin2016buthasnowleapt to the first position,” Amitabh Kant, G20Sherpasaid.

Talking about India being the fastest-growing economy in the world, Kant added that it is in the last seven years that India built 40 million houses. “We have made 110 million toilets. We have made 230 million pipe-to-water connections. During covid we made 2.5 billion covidvaccines,”hesaid.

“India did in 7 years, what it would have required 50 years to do,” headded.

“If you look around the world, there are 133 countries which don’t have even a fast payment system,” Kant said. It is the digital transformation that has fuelled growthinIndia,hepointedout.

Digital transformation is India’s priority at G20 as well, “We do 46 percent of real-time payments of the world but need to make this more,”Kantsaid.

“G20 is also prioritising growth in the global economy, working on achieving sustainable goals and bringing women to the forefront of thisgrowth“,Kantsaid.

India recognises its responsibility for action against climate change, he said. “India has not contributed to carbonising the world, but we must be first to do our part in de-carbonisingit.”

India’s logistics sector to clock double-digit growth, but challenges galore

NEW DELHI: The logistics sector in India is expected to grow in double digits and reach $350 billion by 2025. The value of the Indian logistics sector was $250 billion in 2021. Growing at an impressive CAGR of 10-12 per cent, it may reach $350billionby2025.

The sector is a very significant source of employment generation, employing 22 million people in 2022, with the number of employees expectedtogrowbyfivepercentover the next five years. This was revealed in a concept paper by GS1 India, a standards organisation under the aegis of the Ministry of Commerce and Industry, Government of India, in collaboration with apex trade bodiesandkeyGovernmentagencies.

The concept paper also mentions the critical challenges faced by the Indian logistics sector and the potential for improvement and growth. As per the paper India currently spends 13-14 per cent of its GDP on logistics costs, compared to theglobalaverageofaroundeightper cent of GDP. This has created a competitiveness gap of $180 billion in 2020 that will widen to $500 billion by 2030. India ranked 42 on the Logistics Performance Index (LPI) for 2018, farbehinditsinternationalpeerssuch as Germany, the UK, Japan, Austria, ChinaandtheUnitedStates.

The paper points out that despite the growth and potential there are multiple challenges that confront the logistics sector in the country. Logistics costs in India account for

14 per cent of GDP, with 60 per cent direct costs and 40 per cent indirect costs, compared to an average of 10percentindirectcostsindeveloped countries. Logistics firms in India also face challenges due to a lack of visibility among trading partners and consumers, leading to supply disruptions and delays in the value chain. Besides this India is only in the early stages of process automation, lagging behind global practices that provide transparency and real-time datainsupplychainactivities.

The paper also points out that approximately 60 per cent of cargo is transported via road in India, while rail and water transportation account for a smaller share. This leads to high logistics costs and reduces competitiveness in exports. The Indian logistics segment also has to deal with poor physical infrastructure, including modal and terminal transport, national highways, freight train speeds, and port facilities and in turn hinders the growth of the logistics sector in India. The sector is also dominated by unorganised companies, leading to fragmentation, low margins, limited investments, and challenges in streamlining supply networks. At the same time the retail market is also largely unorganized, affecting the complexityofthesupplychain.

However, interestingly as per the Logistics Ease Across Different States (LEADS ) 2022 survey, states, such as Telangana, Punjab, Haryana, and Madhya Pradesh etc.,

haveperformedexcellentlyandcould act as role models for other states to imbibe best practices and logistical development models. In terms of the quality of infrastructure, the states of Punjab, Uttar Pradesh, Haryana, and Telangana led the scoreboard. Madhya Pradesh has the largest warehousing capacity in the country while Gujarat and Karnataka lead in theroadinfrastructure.

Off late the government of India has launched the National Logistics Policy to create a trusted, reliable, cost-effective, resilient, and technologically equipped logistics ecosystem in the country for rapid growth and bridging the competition gap with global competitors which is aimed at reducing logistics costs: The policy aims to reduce logistics costs from 14-18 percent of GDP to eight percent by 2030, aligning with global best practices. As per the NLP the aim is to be the among the top 25 countries in the Logistics Performance Index (LPI) by 2030. The policy also aims to create a datadriven decision-support mechanism foranefficientlogisticsecosystem.

GSI recommends that the aim should be to eliminate data inaccuracies and inconsistencies in logistics operations, reduce logistics costs by enabling interoperability, simplifying processes, providing unique identification, harmonising information, reducing duplicity, and standardising information exchange besides implementing the National LogisticsPolicyeffectively.

Union Minister – MoPSW visits Indian Register of Shipping in Mumbai

MUMBAI: Union Minister for Ports, Shipping & Waterways and AYUSH, Shri Sarbananda

Sonowal, visited the Indian Register of Shipping (IRS) Head Office at Mumbai recently and took a reviewoftheorganisation.

Ontheoccasion,heinteractedwith officials at various levels in the organisation. During his discussion with the Rule and Research & Development team of IRS, he tried to understand various aspects of research projects. The green

initiatives taken by IRS in reducing greenhouse gas emissions towards meeting International Maritime Organisation climate goals were appreciated by the Minister. ShriSonowalalsotookkeeninterestin understanding environmental impact of shipping and how IRS is supporting design and operational methodologies

using advance technologies.

During his address to IRS officials, he laid great stress on adoption of technology,addingacaveat that such advancement should not be at the cost of ecologyandenvironment.

Shri Sonowal further congratulated the IRS team on achieving global recognition and a strong fleet growth. He said that the contribution of IRS in last 48 years is praiseworthy. He also urged IRS to continue to take a greater role in development of maritime ecosystem intheCountry.

India's export share in Global Trade in Pharma, Gems and Jewellery, Footwear dips in 2022: GTRI

NEW DELHI: Share of India's exports in the world trade in sectors such as pharma, gems and jewellery, leather, and footwear declined in 2022 as compared to 2015, according to a report by think tank GTRI. However, there is an increase in the share of electronics, machinery, petroleum, auto parts, iron and steel, and aluminium products' exports during theperiod.

"India's global market share in sectors like apparel, leather, shoes, and marine products has been decreasing, primarily due to concerns over quality rather than pricing issues," Global Trade Research Initiative (GTRI) Co-founder Ajay Srivastava said. The report said that the key sectors that witnessed a higher share in global trade are electronics, telecom, mobile phones, and electrical equipment, as well as machinery.

This is noteworthy as these product groups hold substantial importance in world trade, which exceedsUSD6trillion.

India's historically low share in these sectors is gradually but decisivelyimproving,Srivastavasaid.

"In 2022, India's share in global

merchandisetradestoodat1.8percent. However, its share in machinery and electronicswasamere0.75percentand 0.4 per cent, respectively in 2015. Over the course of seven years, there has been a marginal yet significant improvementintheseshares,"itsaid.

The report also stated that quality issues are not limited to pharmaceuticals but also affect Indian aquaculture products, such as shrimp and prawns. Many countries reject these products due to the presence of salmonella (a kind of bacteria), highlighting the need for a robustinternalsystem.

It added that ensuring thorough quality checks within India will prevent rejections in foreign countries, which tarnish the reputation of Indian products and leadtolossoforders.

Quality issues have also impacted Indian tea exports, with reports of countries holding consignments of Indian teas citing phytosanitary issues and presence of pesticides exceedingpermissiblelimits,itsaid.

"The industry must tackle quality challenges across various sectors to regain market share and maintain a positiveperceptionglobally,"itsaid.

Thereportsaidthatthereputation and orders of the pharma industry can be severely impacted by a single instanceofpoor-qualitycoughsyrup.

To maintain its position as the pharmacy of the world, India must prioritize addressing quality issues, it said adding reducing critical dependence on imports of Active Pharmaceutical Ingredients (APIs) and Key Starting Materials (KSMs) fromChinaisessential.

ShareofIndia'spharmaexportsin theworldtradedippedto2.25percent in2022asagainst2.79percentin2015.

Share of gems and jewellery dropped to 4.74 per cent in 2022 as against7.47percentin2015.Similarly, theshareoffishandcrustaceans;and leather items dipped to 4.52 per cent and 2.92 per cent in 2022 as against 4.77 per cent and 3.65 per cent, respectivelyin2015,itsaid.

Ontheotherhand,shareofIndia's automobiles and parts' exports in the world trade increased to 1.32 per cent in2022asagainst1.11percentin2015.

Similarly, share of iron and steel; and aluminium products rose to 2.66 per cent and 3.55 per cent in 2022 as against1.98percentand1.69percent, respectivelyin2015,itadded.

Snowman Logistics records annual revenue of INR 417.65 crores

BANGALORE: Snowman LogisticsclosedFY22-23onapositive noteasitclockedinannualrevenueof INR 417.65 Crores as against INR 286.17 Crores during the previous year.Therewasasignificantincrease in the EBITDA and PAT as well.

EBITDA increased to INR 96.07 Crores from INR 73.79 Crores and PAT increased to INR 13.40 Crores from INR 1.68 Crore during the previousyear.

Elated with the performance of the company Sunil Nair, CEO, Snowman Logistics Limited stated

that the company is happy with the results. He further added that the company is looking forward to continuingitsexpansionthisyearand further increasing the share in customerdemand.

Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited commented that the company has witnessed a significant increase in the demand for highquality infrastructure and service providers in the cold chain industry throughout various regions in India. Most of the facilities of the company

areconsistentlyrunningatmaximum capacity. As a response to this growing demand, the company will continue to expand its cold storage capacities,headded.

Snowman Logistics has started offering5PLanddistributionservices to its customers with long-term commitments. Additionally, the company recently inaugurated a new warehouseatShoolagiri,TamilNadu, a 50K sq ft facility that has a pallet holding capacity of 4,500. It is the first dry warehouse of the company dedicatedtothechemicalsegment.

SMP Kolkata plans to invest Rs 4,000 cr by 2030 to expand capacity : Chairman

KOLKATA: The Kolkata Port, now known as Syama Prasad Mookerjee Port, is planning to invest Rs 4,000 crore by 2030 to expand cargo handlingcapacityto130milliontonne, its Chairman Rathendra Raman said recently. The port can now handle 87 million tonne of cargo and hadpreviouslysetatargettorampup the capacity to 110 million tonne by 2030.

“One of my key priorities is to maintain double-digit growth, profitability and transforming the port into a green one. To ensure sustainedgrowth,wewillincreasethe total cargo handling capacity to 130 million tonne and will invest Rs4,000crore,”Ramantoldreporters here.

He outlined 11 upcoming projects aimed at modernising and enhancing the infrastructure in phases to

achievethegoal.

During the 2022-23 fiscal, the port handled 65.66 million tonne of cargo and anticipated a 13 per cent growth inthecurrentfinancialyear.

Notably,theportachievedarecord net surplus (profit) of Rs 304 crore in FY’23.

In a bid to reduce congestion and pollution in the city, the port has acquired a Rs 450-crore outgate dock facility spread across 300 acre of land in Hooghly district’s Balagarh, situated 85 km upstream on the HooghlyRiver.

He said that Rs 98 crore has already been allocated for basic infrastructure development, and the port plans to pursue a public-private partnership (PPP) project with an investortomanageportactivities.

The Balagarh facility is expected to be a mixed-use port, capable of

handling 1.6 million tonne of coal and 85,000containers.

With the successful trial run of a cement cargo to the north-east through Myanmar’s Sittwe Port, Kolkata Port authorities are expecting “better cargo handling” for theNEregiontoNorthEastinfuture.

The cargo was flagged off from Kolkata in May 4 and received at the Sittwe Port on May 9 by Union Shipping Minister Shri Sarbananda Sonowal and Deputy Prime Minister and Union Minister for Transport & Communications of Myanmar,AdmiralTinAungSan.

Theportauthoritieshaveengaged a consultant to conduct a feasibility study for a new tunnel under the Hooghly River for the transportation of vehicles, he said, adding that the under-river tunnel project is still in thenascentstage.

Dedicated Freight Corridor achieves milestone of running 1 lakh trains

NEW DELHI: Dedicated Freight Corridor (EDFC) achieved a milestone of running one lakh trains with Member Operations and Business Development at Railway Board, Jaya Varma Sinha, flagging off the 100,000th train running on the Corridoralignment.

ThefirsttrainontheDFCnetwork was flagged off by Prime Minister NarendraModionDecember12,2020. Till now 55,332 trains have been operated on the Eastern Dedicated

FreightCorridor(EDFC)while44,658 trains on the Western Dedicated Freight Corridor (WDFC), DFC said inastatement.Asoftoday,2089Route KM — 73.5 per cent of the DFC has been commissioned, it said, while addingthatDFCalignmentexceptfor Jawaharlal Nehru Port Trust (JNPT) connectivity is expected to be commissionedbyDecember2023.

“With the commissioning of the New Dadri – New Rewari section, freight transportation can be

seamlesslydonefromthehinterlands ofUttarPradeshtotheWesternports of India,” the release said. DFC is a vital initiative under the National Logistics Policy and is aimed at reducing the cost of logistics from 15 per cent (approx.) of the country’s GDPto8percentby2030.

The freight infrastructure capacity augmentation by DFC is crucial in achieving the Indian Railways’ target of 3000 million tonne freightloadingby2030.

India's exports to Germany may get adversely impacted due to recession: Exporters

NEW DELHI: With the German economy contracting for two consecutive quarters, India's exports fromsectorssuchasapparels,footwear, and leather goods to the European Union nation are likely to be impacted adversely, according to exporters. Data released by the Federal Statistical Office recently shows that Germany's gross domestic product (GDP) declined by 0.3 per cent from January to March. This follows a drop of 0.5 per cent in Europe's biggest economy during the lastquarterof2022.

"This is going to affect Indian exportsnotonlytoGermanybutEurope asawholesinceothercountriesarealso already in recession," Mumbai-based exporter and Chairman of Technocraft IndustriesSharadKumarSarafsaid.

He said India's export to Germany stoodatUSD10.2billionin2022-23andit could see a fall due to long-term recession in Germany and the most

affected sectors would be leather products, chemical, and light engineeringitems.

Economic think-tank GTRI Co-Founder Ajay Srivastava said: "RecessionwilladverselyimpactIndia's exports of value USD 2 billion. This includes smartphone, apparels, footwear, and leather goods. In a recession, daily use products are the firsttobeimpacted".

Exportofironandsteelproductswill also be impacted due to the soon to be levied carbon border tax by Germany, hesaid.

Apparel Export Promotion Council (AEPC) Chairman Narendra Goenka said the recession in Germany would affectorderflowsintoIndia.

"Business will be down by minimum 10 per cent. This slowdown will definitely impact the investment flow fromGermany,"Goenkaadded.

However, Saraf said Germany is the

ninth largest investor in India and investments from there may not be affected since in recessionary conditions, German companies would belookingatcheaperalternatives.

Yogesh Gupta, Regional Chairman, FIEO (Eastern Region), said since Germany is the main growth driver for the EU (European Union), recession in that nation will impact the purchasing there.

"However, it is too early to comment on the impact of the recession on Indian exports,"Guptasaid.

In 2022-23, India's exports to Germany included machinery (USD 1.5 billion); electronics (USD 1.2 billion), including smartphones (USD 458million);apparels(USD990million); organic chemicals (USD 822 million); footwear (USD 332 million); leather goods (USD 305 million); articles of iron and steel (USD 474 million); and auto components(USD406million).

SHIPPING MOVEMENTS AT DEENDAYAL PORT

TODAY’S TIDE 29/05/2023

VESSELS IN PORT & DUE FOR EXPORT LOADING

VESSELS IN PORT & DUE FOR

GENERAL CARGO VESSELS

LIQUID CARGO VESSELS

SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.

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

ADANI INTERNATIONAL CONTAINER TERMINAL (AICT)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

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

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

CONTAINER

DUE / IN PORT FOR

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

ADANI INTERNATIONAL CONTAINER TERMINAL PVT LTD. (AICT)

PORTS

SHIPPING MOVEMENTS AT GUJARAT PORTS PORT PIPAVAV

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

OTHER PORTS OF GUJARAT

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

VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

NSFT

NSICT

NSIGT

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

Luisa (V-IA319A)

Holsatia (V-320E)

Pipavav

Seamax Stratford (V-122E) 24-05-2023 Pipavav Wan Hai 507 (V-E212) 25-05-2023 Port Kelang

Y M Ubiquity (V-057E) 27-05-2023 Colombo

BSG Bimini (V-321E)

Pipavav Cap Andreas (V-001E) 29-05-2023 Colombo

CMA CGM Titan (V-OPE6JW) 24-05-2023 ACMT

MSC Sonia (V-IW320A) 24-05-2023 Colombo

MSC Erminia (V-JD319R) 24-05-2023 Jebel Ali

Marina Voyager (V-E014) 25-05-2023 MICT

ALS Flora (V-02SEHS) 25-05-2023 ACMTPL

Maersk Gibraltar (V-320W) 26-05-2023 Salalah

Hyundai Integral (V-0130E) 26-05-2023 Hazira

Navios Indigo (V-13W) 26-05-2023 Colombo

Northern Practise (V-0041) 27-05-2023 Jebel Ali

CUL Manila (V-2319E) 29-05-2023 AICT

KMTC Delhi (V-2303E) 29-05-2023 AICT

Stephanie C (V-2307W) 29-05-2023 Mundra

COSCO SHIPPING Lines and OOCL Fleets Improve Supply Chain Service Efficiency

BEIJING: The Shanghai Shipping Exchange (SSE) recently released the Global (Main Trades) Carrier & Alliance Schedule Reliability Index for April. The schedule reliability of operation efficiency of COSCOSHIPPINGLinesandOOCL,whicharebrands under COSCO SHIPPING, reached 77% and 71% respectively, ranking No.1 and No.2 among major carriers. Both have maintained their industry-leading positionsinthisindexforseveralmonths.

In recent years, COSCO SHIPPING has given full playtothecoordinationbetweenitscontainershipping and ports business, focusing on improving the direct connection rate and operation efficiency of the two brands in its terminals to effectively improve the qualityoftheitslinerservice.

COSCOSHIPPINGLineshascontinuedtopromoteits IOP (Improvement of Operation Productivity) project. Through the information interconnection between its container shipping and ports business, it can utilize the system to track the dynamic information of ports and terminals so as to improve the operation efficiency of the fleet in port and the accuracy of berth arrangement. Employing system monitoring and manual support, it can continuously improve the direct arrival rate and ship berthing efficiency, cut the time a ship spends in port, and release more time for navigation to improve the fleet operation efficiency, service stability, and ship schedulereliability.

MAWANI : Dammam added to MSC’s India to South Africa Service

RIYADH: The Saudi Ports Authority (Mawani) has announced the inclusion of Dammam to the India to South Africa freight route run by containergiantMSC.

The new weekly rotation, which kicked off in early MayfromKingAbdulazizPort,linksDammamtomajor hubs that include Mundra, Hazira, Nhava Sheva, Colombo, Port Louis, Durban, Khalifa, Jebel Ali, and Khalifa bin Salman on board five vessels with an averageholdingcapacityof6,000TEUs.

It also marks the twelfth such shipping service to call at the Kingdom’s ports since the beginning of the year, an achievement rooted in Mawani’s endeavors to boostthecountry’smaritimeconnectivitywiththerest of the world besides strengthening the nation’s competitive position as an all-inclusive logistics hub in tandem with the ambitions set by the National Transport and Logistics Strategy (NTLS). As shipping lines increasingly choose Saudi Arabia as a regular stop for their cargo links, the Kingdom was able to secure its highest score to date on UNCTAD’s Liner Shipping Connectivity Index (LSCI) during Q4 2022 at

71.33 points. With the addition of yet another key shipping connectiontoitsnetwork,theArabianGulfportcontinues to consolidate its credentials as a state-of-the-art maritime facility equipped with modern capabilities and cutting-edge technologies. Fresh off a record-breaking 2022, the Dammam based hub created history once again lastMarchbyhandling18,533TEUsaboardasingleship.