DST MUM_21-12-2022

E-Mail: dailyshipping@gmail.com

World will overcome challenges to keep trading, MSC CEO tells Conference of Paris

GENEVA: At a time when the contraction of global economic growth, high energy prices and inflation are dominating the public agenda, a high-level meeting of CEOs and government officials in Paris in mid-December offered a few glimpses of optimism and underscored the continued importanceofglobaltrade.

Commenting on the macroeconomic factors impacting global markets, MSC CEO Soren Toft explained how MSC – as the world’s largest containershippingline–hasthesizeandscaletonavigatethis environment and keep on investing for the future to ensure that populations keep benefiting from international commerce.

Cont’d. Pg. 6

India’s logistics costs remain high despite

NLP : Parliamentary Standing Committee

NEW DELHI: The problems remain the same, as do the solutions. India has a very high dependence on road transport for freight movement, which, in turn, makes the cost of logistics much higher than in several advanced economies. Cont’d. Pg. 17

World will overcome challenges to keep trading, MSC CEO Tells Conference of Paris

Cont’d. from Pg. 3

“The future economy will still be globalised, even if some supply chains are a little more distributed,” Soren told the Conference of Paris in a panel session on ‘Charting a New Economy’. “Trade has brought hundreds of millions out of poverty, enabled local producers to tap international markets and empowered localcommunitiesthrougheconomicprosperity.”

Following the bust and boom volatility of the pandemic markets, when consumers ploughed money intophysicalgoods,thecommercialshippingmarkethas been normalizing in the second half of this year, comparedwiththeextraordinaryfreightrateswitnessed during the pandemic. Nonetheless, container demand has shown a slight resurgence in recent weeks and countries will continue to trade, potentially still producingsomemodestgrowthin2023,Sorensaid.

The cargo market is also experiencing variation across different regions, with pessimistic forecasts in Europe being outstripped by a more positive view in North America, following five consecutive months of slowinginflationintheU.S.

The conference panel agreed that production costs are high on the agenda of CEOs as energy costs and inflationimpactallindustries.Companiesareunlikelyto make immediate fundamental changes to producing

goods in Asia, even if there have been some cases of “re-shoring”and“near-shoring”inthesupplychain,Soren said. Although Asia remains the world’s manufacturing hub, within a couple of decades, Africa will in the future playagreaterroleinproductionfortheworld,headded.

Soren also outlined MSC’s approach to sustainability andhowMSCiscontributingtoeffortstodecarbonizethe industry, step by step. First, by improving efficiency and moving on to lower carbon transition fuels such as biofuels and LNG (liquefied natural gas). Then, as soon as possible, by tapping net zero alternative fuels when theybecomeavailableatscale.

He appealed for more global policy making and regulationthatwouldhelpincentivizeenergycompanies to produce alternative green fuels and encourage banks to lend capital to fund the transition to a new, decarbonizedglobaleconomy:

“For MSC sustainability is a top priority and we are already preparing our fleet for the fuels of the future, always heading towards our net zero 2050 target,” Soren ToftCEOofMSC.

Remarking on the lessons learned from the pandemic, Soren noted that the global supply chain disruption has revealed to many people for the first time the important job that men and women do to keep the world moving and that seafarers and logistics workers shouldbecommendedfortheimportantjobstheydo.

CMD CONCOR inaugurated warehouse in Kakinada

HMM and NYK Bulk & Projects collaborates

Service Far East to Middle East

SEOUL: HMM Co. Ltd. (HMM) and NYK Bulk & Projects Carriers Ltd. (NBP) are pleased to announce a collaboration in their break-bulk services between the FarEastandMiddleEast.

HMM,amultipurposeshippingcarrierspecializingin service to the Middle East, and NBP, a global heavy-lift andprojectcargocarrierbasedinTokyo,recognizedthat mutual business cooperation could benefit from their strengthsandexpertiseinthecarriageofbreak-bulkand projectcargobetweenJapan/KoreaandtheMiddleEast andleadtothedevelopoffutureopportunities.

Tokyo-based NBP is a wholly owned subsidiary of Nippon Yusen Kaisha (NYK Line), one of the world’s largest shipping companies, and is a leading ocean carrier of project cargo and heavy-lift cargo in Japan. NBP operates a fleet of about 40 crane-equipped

multipurpose (MPP) vessels, including the two newly builtheavy-liftvesselsMVKatoriandMVKifune,eachof which is equipped with a combinable 800 mt crane and a long single hatch that can transport a wide range of cargo, including onshore and offshore wind-power components,aswellashigh-and-heavyprojectcargo.

Seoul-based HMM is a global shipping company that provides logistics solutions through the use of container ships, tankers, and bulk vessels. In particular, HMM is the leading heavy-lift shipping company in Korea, from where the company operates five to six large MPP vessels (DWT 30,000 MT), each equipped with a combinable 640 mt crane. Furthermore, HMM has the strength in its heavy-lift service to provide a reliable schedule, skillful port captains and engineering, and a worldwidenetwork.

KAKINADA: Shri V. Kalyana Rama, CMD (CONCOR) has inaugurated warehouse measuring 5075 Sq. Mtrs developed in Phase I at Container

Corporation of India limited (CONCOR) Multi Modal Logistics Park – Kakinada, Andhra Pradesh, followed by address to trade fraternity and media present at theevent.

WCO study on Strategic Review of HS in the spotlight at the 30th IFCBA Global Conference

SINGAPORE:TheWorldCustoms Organization (WCO) participated in the 30th Anniversary of the International Federation of Customs Brokers Association (IFCBA), held in Singapore, on 12 and 13 December 2022. The conference brought together 45 customs brokers from Africa,theAmericasandAsia-Pacific, representing countries at different levels of development, with large and small companies, whose experience inusingtheHarmonizedSystem(HS) isalsoquitedifferent.

In his opening speech, the Secretary General of the WCO, Dr. Kunio Mikuriya, congratulated the organisers of the Global Conference and extended his best wishes on the IFCBA’s 30th anniversary. Dr. Mikuriya expressed his appreciation for the role of customs brokers worldwide and also for the contribution of business operators to customswork.

The WCO official launch of the studyonthepossiblestrategicreview of the HS, in September 2022, was in

the spotlight of the Conference. In this respect, the Secretary of the IFCBA, Ms. Carol West, shared the consolidated results of the replies of the IFCBA’s members tothesurvey.

The IFCBA includes HS expert practitioners who are committed to the progress of the HS strategic review project and who have substantially contributed already to the “WCO Global Conference for the future of the HS”, heldinBrussels,inMay2019.

TheWCOSecretariatrepresented by a WCO project officer, whose participation was funded by the Customs Cooperation Fund (CCF) of China,expresseditsappreciationand assured that IFCBA’s input would be reflected in the study for the WCO members’ consideration. Furthermore, she updated the customs brokers on the progress of

the study, since its launch, addressed the comments expressed and discussed the points raised by the participants.

Finally, within the framework of the Conference, the Chairperson of the WCO Private Sector Consultative Group (PSCG), Mr. Jaime King and the Chairperson of the Asia-Pacific Private Sector Group, Mr. Kit Hickey, provided information on their main achievementsoverthepastfewyears as a result of the opportunities provided by the WCO for the engagementwiththeprivatesector.

ANL 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. Pun.Conware

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

Hind Terminals 23/1224/12

IS252A N1782 261064-15/12 SCI CMT Barcelona,Felixstowe,Hamburg,Rotterdam,Gioia Tauro, 06/0107/01 05/01 1200 MSC Virginia IS301A U. K. North Continent & Other Mediterranean Ports.

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 TeamGlobalLog. U.K., North Continent & Scandinavian Ports. Pun.Conware 24/1225/12 TBATBA Nagoya Express 2350W N1705 260477-08/12 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul 30/1231/12 TBATBA One Henry Hudson 085W Hapag ISS Shpg. U.K., North Cont., Scandinavian, Red Sea, & Med.Ports. ULA CFS 06/0107/01 TBATBA Tsingtao Express 3301W COSCO COSCO (I) U.K., North Cont., Scandinavian, Red Sea & Med.Ports. 13/0114/01 TBATBA Sofia Express 3302W ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. (IOS) Gold Star Star Ship Hamburg, Antwerp, Tilbury. (IOS) Oceangate CFS

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

LOAD FOR U.K., NORTH CONT.,

Himalaya Express

25/1226/12 24/12 2000 Maersk Chicago 250W N1738 260195-04/12 Maersk Line Maersk India Charleston, Norfolk, New York (Direct) Maersk CFS 01/0102/01 31/12 2000 Maersk Atlanta 251W N1748 260201-04/12 Safmarine Maersk India Charleston, Norfolk, New York, Savannah & Other Maersk CFS 08/0109/01 07/01 2000 Maersk Pittsburgh 252W

US East Coast Ports. Middle East Container Lines(MECL) 15/0116/01 14/01 2000 Maersk Denver 301W Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 02/0103/01 TBATBA Wide Alpha 233E N1715 260494-08/12 TS Lines TS Lines (I) Vancouver Dronagiri-2 09/0110/01 TBATBA Ever Ulysses 148E (CISC Service)

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

Kotak Global Kotak Global US East, West & Gulf Coast (INDUS) 05/0106/01 TBA 0900 MSC Rania IU252A 23/1224/12 22/12 1500 MSC Benedetta XIII IS251A N1813 261394-20/12 MSC MSC Agency Baltimore,Boston,Philadelphia,Miami,Arica,Buenaventura, Hind Terminals 30/1231/12 29/12 1200 MSC Topaz IS252A N1782 261064-15/12 Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 06/0107/01 05/01 1200 MSC Virginia IS301A Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express)

Globelink Globelink WW USA, East & West Coast. (Himalaya Express) 25/1226/12 TBATBA CMA CGM Butterfly 0IND7W1 N1722 260569-09/12 CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah Dron.-3 & Mul. 01/0102/01 TBATBA Express Rome 2151

OOCL OOCL(I) & Other US East Coast Ports. Dronagiri-2 08/0109/01 TBATBA Navios Constellation 2152

Hapag ISS Shpg. ULA CFS 15/0116/01 TBATBA Athenian 2153 ONE Line ONE (India) 22/0123/01 TBATBA CMA CGM Orfeo 0INDFW1

COSCO COSCO Shpg. India America

Indial Indial Shpg. US East Coast & South America Express (INDAMEX)

ICC Line Neptune New York,Norfolk,Charleston,Miami,Baltimore,Houston & Other Ports. GDL/Dron.-3 Team Lines Team Global Log. Norfolk, Charleston. JWR Logistics Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 Kotak Global Kotak Global US East, West & Gulf Coast

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

In Port 20/12 OOCLLuxembourg 099E N1696 260425-07/12 OOCL OOCL(I) USA East Coast & Other Inland Destinations. GDL 26/1227/12 TBATBA Seamax Stratford 119E N1774 261014-15/12 RCL RCL Ag USA East Coast & Other Inland Destinations. 05/0106/01 TBATBA Zim Charleston 10E COSCO COSCO Shpg. US West Coast. 12/0113/01 TBATBA OOCL Genoa 061E

Yang Ming Yang Ming(I) US West Coast. China India Express III - (CIX-3) Contl.War.Corpn. (CIX-3) ICC Line Neptune US East, West Coast, Canada, South & Central American Ports. GDL-3 & Dron-3 21/1222/12 CMA CGM Titus 0MXDNW N1681 260105-02/12 CMA CGM CMA CGM Ag. New York, Norfolk, Savannah, Miami, Santos, Dron.-3 & Mul. 27/1228/12 TBATBA Xin Yan Tian 075E N1754 260777-12/12 ANL CMA CGM Ag. Itajai & other North American Ports. Dron.-3 & Mul. 03/0104/01 TBATBA Ningbo Express 2248W COSCO COSCO Shpg. 10/0111/01 TBATBA Dalian Express 2249W Hapag ISS Shpg. ULA CFS 17/0118/01 TBATBA Berlin Express 2250W Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 24/0125/01 TBATBA Baltic Bridge 0MXDXW1 India Sub Cont. Med. Express (IMEX) 22/1223/12 21/12 1500 Long Beach Exprss 007W N1689 260334-06/12 CMA CGM CMA CGM Ag. Norfolk, Savannah, New York Dron.-3 & Mul. 29/1230/12 TBATBA Bea Schulte 009W N1769 260944-14/12 Hapag ISS Shpg. (INDAMEX 2) ULA CFS 05/0106/01 TBATBA Swansea 0IX2XW1 25/1226/12

FOR WEST ASIA GULF PORTS From NSICT

TO LOAD FOR WEST ASIA GULF PORTS From NSIGT

TO LOAD FOR WEST ASIA GULF PORTS From GTI

Shpg. Jebel Ali, Sohar.

LMR Logistic Ser. Jebel Ali, Bandar Abbas. X-Press Feeders Sea Consortium Jebel Ali, Bandar Abbas. Dronagiri Hapag ISS Shpg. ULA CFS

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. GDL-5 Ceekay Parekh Gulf Ports. GDL-2 Team Leader Team Leader Dubai, Jebel Ali JWR CFS Team Lines Team Global Log. Gulf Ports. JWR Logistics 24/1225/12

260776-12/12 X-Press Feeders Sea Consortium Khalifa, Jebel Ali.

Global Feeder Sima Marine Dronagiri

Unifeeder Group Transworld Shpg. Basra. Emirates Emirates Shpg. Jebel Ali. Alligator Shpg. Aiyer Shpg. Jebel Ali. Cordelia Cordelia Cont. West Asia Gulf Ports. Bay Line Freight Conn. Port Sudan & Al Sokhna CWC, GDL &

22/1223/12 21/12 1200 Tema Express 2249W N1628 259700-25/11 ONE Line ONE (India) Colombo. 30/1231/12 TBATBA Seaspan Lahore 2251W Hapag ISS Shpg. (AIM) ULA CFS 27/1228/12 27/12 1300 Maersk Danube 251W N1752 260196-04/12 CMA CGM CMA CGM Ag. Colombo (MESAWA) Dronagiri 29/1230/12 TBATBA Wadi Bani Khalid 2232W N1741 260698-11/12 Asyad Line Seabridge Karachi. (IEX) 02/0103/01 TBATBA Wide Alpha 233E N1715 260494-08/12 Evergreen Evergreen Shpg. Colombo.

Balmer Law. CFS Dron. 09/0110/01 TBATBA Ever Ulysses 148E Unifeeder Feedertech/TSA Colombo. Dronagiri 16/0117/01 TBATBA Celsius Naples 893E ONE Line ONE (India) Colombo. (CISC Service) 23/0124/01 TBATBA Shimin 22008E CSC Seahorse Colombo.

TO LOAD FOR INDIAN SUB CONTINENT from NSIGT

In Port 21/12 MSC Teresa IV250A N1707 260470-08/12 MSC MSC Agency Colombo. (INDUSA)

Hind Terminal 22/1223/12 21/12 0900 MSC Rida IU250A N1761 260895-13/12 MSC MSC Agency Karachi. (INDUS) Hind Terminals

TO LOAD FOR INDIAN SUB CONTINENT from GTI

In Port 20/12 OOCLLuxembourg 099E N1696 260425-07/12 OOCL OOCL (I) Colombo. GDL 26/1227/12 TBATBA Seamax Stratford 119E N1774 261014-15/12 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3 24/1225/12 TBATBA Conti Contessa 112E N1682 260112-02/12 ONE Line ONE (India) Colombo. 05/0106/01 TBATBA One Competence 089E Yang Ming Yang Ming(I) Contl.War.Corpn. 12/0113/01 TBATBA MOL Courage 051E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 25/1226/12 24/12 0400 Bangkok Bridge 0139E N1729 260650-09/12 ONE Line ONE (India) Colombo. 01/0102/01 TBATBA Clemens Schulte 018E

X-Press Feeders Sea Consortium Colombo. (TIP) Dronagiri 08/01 09/01 TBATBA Seaspan Chiba 013E CSC Seahorse Colombo. 29/1230/12 TBATBA Kota Megah 0141E N1755 260833-13/12 ONE/KMTC ONE(I)/KMTC(I) Karachi, Colombo —/Dron-3 04/0105/01 TBATBA Pontresina 238E X-Press Feeders SeaConsortium (CWX) 12/0113/01 TBATBA Dalian 2209E TS Lines/PIL TS Lines(I)/PIL Mumbai Dronagiri-2/—

TO LOAD FOR INDIAN SUB CONTINENT from BMCT

22/1223/12 23/12 0500 Bach 48W N1664 259993-01/12 ZIM ZIM Integrated Colombo. (ZMI) Oceangate CFS 22/1223/12 22/12 1600 Kumasi E006 N1698 260404-07/12 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS 23/1224/12 23/12 0500 Xin Shanghai 140E N1700 260338-06/12 COSCO COSCO Shpg. Karachi, Colombo. (CI 1) 23/1224/12 22/12 2200 KMTC Dubai(GTI) 2207E N1680 260084-02/12 Evergreen Evergreen Shpg. Colombo Balmer Law. CFS Dron. 02/0103/01 TBATBA Zim Norfolk 7E N1703 260284-06/12 KMTC/Gold Star KMTC(I)/Star Ship Dronagiri-3/— 07/0108/01 TBATBA Ever Uberty 180E X-Press Feeders SeaConsortium (CIX3 Service) 13/0114/01 TBATBA Seaspan Emerald 13E EmiratesEmirates Dronagiri-2 25/1226/12 24/12 1700 MSC Freeport IW251A MSC MSC Agency Colombo (IAS SERVICE) Hind Terminal 07/0108/01 TBATBA BLPL Trust 1211E BLPL Transworld GLS Chittagon, Yangoon

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

In Port 22/12 Shanghai Voyager 2210E N1660 259963-30/11 Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo (CSC) Dronagiri 05/0106/01 TBATBA GFS Pride 2215E N1691 260294-06/12 Heung A Line Sinokor India 11/0112/01 TBATBA GFS Priestige 2216E Sinokor Sinokor India Seabird CFS (CSC) Sealead Giga Shpg. Cordelia Cordelia Cont. Port Kelang, Far East & China Ports Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 22/12 23/12 22/12 0100 Gulf Barakah 2233E N1704 260298-06/12 Asyad Line Seabridge Singapore, Port Kelang. (IEX) 30/12 31/12 TBATBA Stephanie C 2217E N1742 260821-12/12 22/1223/12 22/12 0300 CUL Jakarta 2248E N1713 260301-06/12 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang 01/0102/01 TBATBA Hunsa Bhum 2249E N1791 261127-16/12 CU Lines/KMTC Seahorse/KMTC(I) (VGX) 05/0106/01 TBATBA Apollon D 2250E N1806 261308-19/12 Emirates Emirates Shpg. 24/1225/12 TBATBA Songa Leopard 898E N1688 260289-06/12 Unifeeder Feedertech/TSA Singapore, Port Kelang Dronagiri 07/0108/01 TBATBA Hansa Rottenburg 9200E N1809 261357-19/12 X-Press Feeders SeaConsortium (SIS) 02/0103/01 TBATBA Wide Alpha 233E N1715 260494-08/12 Evergreen Evergreen Shpg. P.Kelang, Tanjun, Pelepas, Singapore, Xingang, Balmer Law. CFS Dron. 09/0110/01 TBATBA Ever Ulysses 148E

Unifeeder Feedertech/TSA Qingdao, Shanghai, Ningbo. Dronagiri 16/0117/01 TBATBA Celsius Naples 893E

PIL/ONE PIL Mumbai/ONE(I) —/— 23/0124/01 TBATBA Shimin 22008E Hapag ISS Shpg. P.Kelang, Singapore, Xiangang, Qingdao, Shanghai, Ningbo, Da Chan Bay. ULA CFS 30/0131/01 TBATBA Celsius Nairobi 892E

KMTC KMTC (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-3 06/0207/02 TBATBA Ever Ursula 184E

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

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

05/0106/01 TBATBA Zim Charleston 10E

ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 12/0113/01 TBATBA OOCL Genoa 061E

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 Dron.-3 & Mul. TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 23/1224/12 22/12 2100 Northern Diamond 251E N1714 260193-04/12 Maersk Line Maersk India Port Kelang, Tanjung Pelepas, Singapore, Hongkong, Maersk CFS 30/1231/12 TBATBA ALS Apollo 252E N1749 260199-04/12 CMA CGM CMA CGM Ag. Kwangyang, Pusan, Hakata, Shanghai. Dron.-3 & Mul. 06/0107/01 TBATBA Shijing 301E (FM-3) 24/1225/12 TBATBA Conti Contessa 112E N1682 260112-02/12 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 05/0106/01 TBATBA One Competence 089E Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 12/0113/01 TBATBA MOL Courage 051E Hyundai HMM Shpg. Seabird CFS (PS3 Service) Samudera Samudera Shpg. (PS3 Service) Dronagiri Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai Ocean Gate 25/1226/12 24/12 0400 Bangkok Bridge 0139E N1729 260650-09/12 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 01/0102/01 TBATBA Clemens Schulte 018E X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang. (TIP Service) 08/01 09/01 TBATBA Seaspan Chiba 013E Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri 15/01 16/01 TBATBA Wide Juliet 026E RCL RCL Ag. Port Kelang, Singapore, Laem Chabang. 25/1226/12 TBATBA Kota Gabung 098E N1720 260580-09/12 RCL/PIL RCL Ag./PIL Port Kelang, Haophong, Nansha, Shekou. 04/0105/01 TBATBA Calais Trader 022E N1792 261173-16/12 CU Lines Seahorse Ship (RWA) 15/0116/01 TBATBA CULManila 2301E InterasiaInterasia 22/0123/01 TBATBA Interasia Engage E003 Emirates Emirates Shpg. 26/1228/12 TBATBA Wan Hai 502 E108 N1695 260395-07/12 Wan Hai Wan Hai Lines Port Kelang, Singapore, Kaohsiung, Hongkong, Shekou. Dron-1 & Mul.CFS 03/0105/01 TBATBA Wan Hai 507 E208 N1800 261277-19/12 Evergreen Evergreen Shpg. BalmerLaw.CFSDron. 10/0111/01 TBATBA Ital Unica E156 Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/ 17/0118/01 TBATBA Argolikos E147

TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 29/1230/12 TBATBA Kota Megah 0141E N1755 260833-13/12 ONE Line ONE (India) Port Kelang, Hongkong, Shanghai, Ningbo, Shekou 04/0105/01 TBATBA Pontresina 238E

X-Press Feeders SeaConsortium (CWX) 12/0113/01 TBATBA Dalian 2209E

KMTC KMTC (India) Dronagiri-3 20/0121/01 TBATBA X-Press Anglesey 22008E

TS Lines TS Lines (I) Dronagiri-2 24/0125/01 TBATBA TS Ningbo 23001E

RCL/PIL RCL Ag./PIL Mumbai (CWX) Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS

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

In Port 21/12 Hyundai Colombo 0129E N1674 260044-01/12 Hyundai HMM Shpg. Port Kelang, Singapore, Laem Chabang, Caimep, Kaohsiung, Seabird CFS 03/0104/01 TBATBA Hyundai Oakland 0120E N1763 260860-13/12 Maersk Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS 09/0110/01 TBATBA Hyundai Bangkok 014E TS Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia Dronagiri-2 15/0116/01 TBATBA Hyundai Singapore 0133E Far East & China Ports. China India Express Service (CIX/ICX) Gold Star Star Ship Singapore, Kwangyang, Pusan, Shanghai, Ningbo Ocean Gate Sinokor Sinokor India Port Kelang, Singapore, Hong Kong, Kwangyang, Seabird CFS Busan, Shanghai, Ningbo & Other Inland Destination. 21/1222/12 21/12 0600 Jakarta Voyager E2210 N1667 260031-01/12 Sinokor Sinokor India Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Seabird CFS 28/1229/12 TBATBA Interasia Cattalyst E020 N1772 260867-13/12 Heung A Line Sinokor India Hongkong 04/0105/01 TBATBA GH Curif E012 N1798 261138-16/12 Wan Hai Wan Hai Lines (CI6) Dron-1 & Mul CFS

InterasiaInterasia Unifeeder Feedertech/TSA Dronagiri 22/1223/12 22/12 1600 Kumasi E006 N1698 260404-07/12 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 25/1226/12 TBATBA Delware Trader E19 N1716 260512-08/12 COSCO COSCO Shpg. Ningbo, Shekou. 29/1230/12 TBATBA Wan Hai 307 E421 N1768 260900-13/12 InterasiaInterasia (CI2) 04/0106/01 TBATBA Wan Hai 305 E262 N1811 261377-20/12 Hyundai HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS (CI2) CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai. 23/1224/12 23/12 0500 Xin Shanghai 140E N1700 260338-06/12 COSCO COSCO Shpg. Shanghai, Laem Chabang. 29/1230/12 TBATBA COSCO Thailand 090E N1773 260999-14/12 APL CMA CGM Ag. (CI 1) Dron.-3 & Mul 04/0105/01 TBATBA Xin Hongkong 059E OOCL/RCL OOCL(I)/RCL Ag. GDL/— (CI 1) CU Lines Seahorse Ship Singapore,Shanghai,Ningbo,Shekou,Nansha,Port Kelang 23/1224/12 22/12 2200 KMTC Dubai(GTI) 2207E N1680 260084-02/12 Evergreen Evergreen Shpg. Port Kelang, Singapore, Haipong, Qingdao, Shanghai, Balmer Law. CFS Dron. 02/0103/01 TBATBA Zim Norfolk 7E N1703 260284-06/12 KMTC/Gold Star KMTC(I)/Star Ship Ningbo, Dai Chen Bay Dronagiri-3/— 07/0108/01 TBATBA Ever Uberty 180E X-Press Feeders Sea Consortium 13/0114/01 TBATBA Seaspan Emerald 13E Emirates Emirates Shpg (CIX3 Service) Dronagiri-2 20/0121/01 TBATBA X-Press Odyssey 22008E Pendulum Exp. Aissa Maritime Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 26/1227/12 TBATBA CMA CGM Melisande 0FF7KE1 N1731 260657-10/12 CMA CGM CMA CGM Ag. Singapore, Qingdao, Shanghai, Ningbo, Shekou Dron-3 & Mul 16/0117/01 TBATBA CMA CGM Tosca 0FF7QE1 RCL RCL Ag. (AS1) 28/1229/12 TBATBA KMTC Colombo 2207E N1665 260028-01/12 KMTC KMTC (India) Port Kelang(W), Hongkong, Qingdao, Kwangyang, Dronagiri-3 04/0105/01 TBATBA KMTC Delhi 2207E N1779 261025-15/12 TS Lines TS Lines (I) Pusan, Ningbo, Shekou, Singapore. Dronagiri-2 12/0113/01 TBATBA Henrika 2250E COSCO COSCO Shpg. (AIS SERVICE) 13/0114/01 TBATBA TS Dubai 22008E

Emirates Emirates Shpg. Port Kelang, Hongkong, Qingdao, Kwangyang, Pusan,Ningbo, Shekou, Singapore. Dronagiri-2 21/0122/01 TBATBA ESL Kabir 22052E

CU Lines Seahorse Ship Port Kelang,Hongkong,Busan, Qingdao,Ningbo.

TO LOAD FOR AUSTRALIA & NEW ZEALAND PORTS from GTI

In Port 20/12 OOCLLuxembourg

N1696 260425-07/12

CMA CGM

Australia & New Zealand Ports. Dron.-3 & Mul. 26/1227/12 TBATBA Seamax Stratford 119E N1774 261014-15/12 RCL RCL Ag. Brisbane, Sydney, Melbourne. Dronagiri-1 05/0106/01 TBATBA Zim Charleston 10E OOCL OOCL (I) Sydney, Melbourne. GDL 12/0113/01 TBATBA OOCL Genoa 061E

TS Lines TS Lines (I) Australian Ports. (CIX-3) Dronagiri-2 (CIX-3) Austral Asia MCS (I) Port Lae, Port Moresbay, Madang, Kavieng, Rabaul, Honiara Dronagiri-3 Team Lines Team Global Log. Australia & New Zealand Ports. JWR Logistics 25/1226/12 24/12 0400 Bangkok Bridge 0139E N1729 260650-09/12 ONE Line ONE (India) Sydney, Melbourne, Fremantle, Adelaide, Brisbane, 01/0102/01 TBATBA Clemens Schulte 018E Auckland, Lyttleton. 08/01 09/01 TBATBA Seaspan Chiba 013E

Allcargo Allcargo Log. Melbourne, Sydney, Frementle, Brisbane, Auckland, Adelaide(LCL/FCL). Dron.2&Mul(W) 15/01 16/01 TBATBA Wide Juliet 026E GLS Global Log. Australia & New Zealand Ports. (TIP Service) JWR 26/1228/12 TBATBA Wan Hai 502

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

India’s sugar output rises 5% during Oct 1-Dec 15; 45-50 lakh tonnes exports so far

NEW DELHI: Sugar production has increased 5 per cent to 82.1 lakh tonnes between October 1 and December15periodofthismarketing year, while mills have contracted to export45-50lakhtonnesofsweetener, industrybodyISMAsaidrecently.

Sugar marketing year runs from October to September. The production of sugar stood at 77.9 lakh tonnes in the corresponding period of the2021-22marketingyear.

“As per port information and market reports, about 45-50 lakh tonnesofcontractsforexportofsugar have already been entered into so far. Out of that, about 6 lakh tonnes of sugar have been physically exported out of the country up to 30th

November,” Indian Sugar Mills Association (ISMA) said in a statement.

Market reports suggest that another 8-9 lakh tonnes of sugar is in pipeline to be exported in December, therebytotalexportsbytheendofthis month could be around 15 lakh tonnes.

India exported a record 111 lakh tonnes of sugar in 2021-22 marketing year. In November, the government allowed export of 60 lakh tonnes of sugar in the current (2022-23) marketingyear.

As per the data, sugar production in Uttar Pradesh between October 1 and December 15 of the current marketing year rose to 20.3 lakh

tonnes from 19.8 lakh tonnes in the year-ago period. In Maharashtra, sugar output has increased so far to 33 lakh tonnes from 31.9 lakh tonnes, while the production in Karnataka has risen to 18.9 lakh tonnes from 18.4lakhtonnes.

India’s total sugar production is expected to be the highest ever at 410 lakh tonnes (before diversion for ethanol) in the 2022-23 marketing year. Sugar diversion towards production of ethanol is estimated to be at 45 lakh tonnes in the current marketingyear.

Hence, the net sugar production after factoring in the diversion is expected to be at 365 lakh tonnes in the2022-23marketingyear.

SCI’s final hearing to obtain demerger approval on December 29

MUMBAI : The Shipping CorporationofIndia,initslatestfiling, has provided an update on its demerger into Shipping Corporation ofIndiaLandandAssetsLimited.

“The Final hearing before the Ministry of Corporate Affairs in New Delhi for obtaining sanction on the Scheme of Arrangement for demerger is fixed on Thursday, December 29, 2022, as per the directives of MCA issued during the hearing held on 16th December 2022,” said the filing by the

shipping company.

The update on the demerger fuelled a rally in the stock. In Monday’s trade, the stock at around 3:20 pm traded higher by 9% at Rs 140.8pershare.EarlierinOctober,the company received backing of its secured and unsecured lenders in respect of the demerger that involves transferring Rs 1,000 crore from the firm’s surplus cash to the non-core company spun off from the listed business.

Shipping Corporation is a

multibagger stock that generated 123% return in the last 3 years, while its last 1-year return has been in the negativetothetuneofover1%.There isoneanalystrecommendationonthe counterwitha‘hold’rating,Trendlyne datashowed.

As the country’s premier shipping line, the company owns and operates around one-third of the Indian tonnage, and has operating interests in all areas of the shipping business –servicing both national and internationaltrades.

India’s logistics costs remain high despite NLP: Parliamentary Standing Committee

Cont’d. from Pg. 3

So logistics cost as a percentage of GDP is about 14 percent in India while it is in single digits in several Western economies. Also, the average daily distance covered by a goods truck, usually loaded beyond capacity, in India is just about a fifth of that in the US. On returnjourneys,upto40percentofthese trucks are empty. Such low utilisation of truck fleets by Indian transporters leads to higher logistics costs, increased consumption of fuel and, of course, higheremissions.

The story of inefficiencies repeats itself in other logistics sectors too: in seaports, air cargo and freight carriage by the Indian Railways. And these inefficiencies hurt India’s export competitiveness.

But as a Parliamentary Standing Committee has found, many of the suggestions the panel made last year to various ministries on ways to lower logistics costs and augment infrastructure to boost exports, have not been implemented. How complicated India’s logistics sector is can be gauged from these stats: there are more than Ä20 government agencies and 37 export promotion councils; carriage of goods by various modes is governed by multiple laws and varied documentation requirementsaddtothemess.

The National Logistics Policy (NLP), which was recently unveiled after much delay,isexpectedtosomewhatsmoothen these bumps and offer a coordinated approach to reducing overall logistics costs. But experts have already dubbed the NLP a paper of Government intent, lackingaroadmaptobringdowncosts.

Now, the Parliamentary Standing Committee on Commerce has said in its Action Taken Report (which follows the recommendationsmadelastyearonhow to boost India’s exports) that while some of its recommendations have been implemented, answers to many of the questions posed by the panel have been bypassed.

In some instances, different ministries have not paid heed to the suggestionsbythispanel.

Trains: The parliamentary panel had sought to know whether there is an applicable standard governing punctuality of trains in the country. On-time trains would mean greater efficiency in freight movement and ultimately, Indian Railways (IR) would succeedingettingahighershareofoverall freight movement, which currently predominantly prefers road transport due tofrequentdelaysintraincarriage.

“The Committee observes that the ministry has not furnished a reply with regard to the recommendation of the formulation of an applicable standard for ensuring punctuality of Government run trains and to levy a penalty for delays beyondareasonabletime,”thereportsaid.

Punctuality of trains is key to boosting exports, the panel noted. Another of the committee’s recommendations, on increasing the frequency of trains from Inland Container Depots (ICDs), has also not been addressed by the IR. Then, on the committee’s concerns over exorbitant chargesbyintermediariesonmovement of empty containers from ports to ICDs, the IR has not implemented the suggestion that intermediaries be removed from the scenario and that exporters could directly deal with the IR formovementofemptycontainers.

The setting up of a new railway zone, the South Coast Railway Zone, with headquarters in Visakhapatnam to improve India’s export competitiveness, hasalsobeendelayed.

The parliamentary panel had said earlierthattheoverburdeningofalready burdened segments across IR leads to gross inefficiencies. An overwhelming 96 percent of freight traffic on IR has been handled on 51 percent of the network, which is alreadyhighlycongested.

Also,theshareofIRinthetotalfreight pieremainsatjust35percentas65percent of freight is transported by road. High freight rates, lack of long-term incentives andcross-subsidizationofpassengerfares through high freight rates are some of the issues which make logistics cost for railtransportationuncompetitive.

The panel has, once again, pointed out that the freight rates being charged by IR are rendering India’s exports uncompetitive.

Roads: India has no official data on the value and volume of goods transportedbyroad,eventhoughatleast three-fourths of all freight travelling across the country does so on trucks. Despite the Parliamentary panel’s recommendationtotheMinistryofRoad TransportandHighwaysondevelopinga database for goods movement by road to facilitate data-based policymaking, no such base has been developed. And in response to the panel’s recommendation that cartelization by truckers on some routes be checked, the ministry has responded with how it is dismantling border checkposts for smoother goods’ movement! The panel had pointed out that truckers’ unions restrict free movement of trucks and levyfreightchargeshigherthanmarket rates in certain states. Then, the data provided about the status of various Multi-Modal Logistics Parks (MMLPs) is old. Ditto for the data on the status of the Dedicated Freight Corridor being builtbyIR.

Ports: Not even half the total installed capacity at the country’s Major Ports has been put to use in the last five years.Andeventhoughtheperformance of India’s Major Ports on key indicators has improved, it remains far from satisfactory.

Air Cargo: Theshareofdedicatedair freightersisonly15percentagainst50-55 percent globally. The standing committee has noted that if the government were to take steps to consolidate air cargo and carve out a higher share in the international air cargo business, further development of dedicated air freighters will happen. In its response, the ministry of civil aviation said that it had withdrawn the Open Sky Policy for air cargo and non-scheduled movement of foreign cargo carriers is now restricted to just six metros and the number of dedicated freighters has increased four-fold to 28inthreeyears.

MSMEs’ share in India’s exports till August in current fiscal nears FY22 level: Govt data

NEW DELHI : The share of MSME exports in the country’s total exports stood at 42.67 percent as of August 2022 in the current fiscal, nearing the FY22 share of 45.03 per cent, according to the data from the Directorate General of Commercial Intelligence & Statistics shared by the Minister of State for MSMEs Shri Bhanu Pratap Singh VermainawrittenreplyinRajyaSabha.

India’s overall exports (merchandise and services combined) for the April-August 2022 period was estimated to be $311.82 billion, up 19.72 per cent over the same period last year, according to a commerce ministry statement. However, the FY22 exports

share of MSMEs was down from 49.35 per cent share in FY21 and 49.77 per cent in FY20 even as India’s total exports jumped to $669.65 billion in FY22from$497.90billioninFY21.

“Commodity prices and commodity exports including petroleum, steel and other metals, and food grains have jumped record high recently. In these segments MSMEs are not the key players while non-MSME exporters account for exports of petroleum products, steel, food grains etc., who have probably done exceptionally well and hence the overall share of MSME exports has come down due to this,” said Ajay Sahai, Director General &

CEO, Federation of Indian Export Organisations.

Nonetheless, MSME exports had increased by 21.8 per cent from $155.9 billion during FY20 and 31.9 per cent from $143.9 billion during FY21 to $190 billion during FY22, according to the datasharedbyVermainJulythisyear.

Among the top 10 export destinations for Indian MSMEs in FY22 were the US ($54.7 billion), UAE ($13.4 billion), Hong Kong ($9.93 billion), the UK ($7.54 billion), Germany ($7.19 billion), China ($5.16 billion), Belgium ($4.73 billion) France ($4.20 billion), the Netherlands ($4.24billion),andItaly($3.84billion).

Indian iron ore exports show improved bookings in December

NEW DELHI: India’s iron ore exports witnessed a month-on-month uptrend in December with 0.6 million tonnes (of fines and lumps) being booked for the first two weeks of December. This is almost double of what was booked in November; and nearly 60 per cent higher than that of thefullmonthlastyear.

Shipments for November was 0.29 million tonnes (mt) – a 131 per cent month-on-month,tradeandvessellineupdatatrackedbySteelmintshows.

As per trade sources, the December bookings so far are

amongstthebestsinceJune.

DataavailablefromtheMinistryof Commerceshowthat,inJune,0.31mt was exported; in July it was 0.5 mt; in August it was 0.41 mt; in September it dropped to zero and picked slightly in Octoberto0.13mt.

Iron ore shipments started falling on the back of weakened commodity cycle, strict Covid control measures in China -the key export market; and India imposing strict export duty on steel making commodities, including high-gradeore.

According to a Commerce

Ministry official, uptake started endNovember after the withdrawal of exportdutysinceNovember19.

“Duetocargolyingatports,Indian iron ore export activities have rose post-removal of export duties on ore. December trends are quite good at themoment,”theofficialsaid.

After the removal of the said duties, several trading houses communicated export offers for ironore – 52-57 per cent fines – that were due for loading end-November to early December, a SteelMint report said.

National Highways Logistics Management floats Fresh Tender for Bengaluru MMLP

NEW DELHI: The National Highways Logistics Management Ltd (NHLM), a unit of the National Highways Authority of India (NHAI), has floated a fresh tender to build a multi modal logistics park at Bengaluru with private funds after an earlier attempt collapsed due to the presence of a single bidder.

Reliance Industries Ltd and Prakash Asphaltings and Toll Highways (India) Ltd had applied for the multi modal logistics park planned to be developed on 400 acres at Muddalinganahalli in Bengaluru Rural district. Prakash Asphaltings and Toll Highways was disqualified fromthetender.

On 15 December, the National Highways Logistics Management issued a notice cancelling the bid processwithoutassigningreasons.

A fresh tender for the multimodal logistics park at Muddalinganahalli wasissuedonthesameday.

“We received two bids for the project and one of them could not qualify, resulting in a single bid situation,” Prakash Gaur, Chief Executive Officer, National Highways Logistics Management Ltd said, explaining why the tender was annulled.

“There was a lot of interest in the market for theproject and4-5 bidders were asking for time extension. Unfortunately, we could not extend

the timeline and many of them could notparticipatethattime.Iamsureall of them will participate this time,” Gauradded.

Publicauthoritiestypicallyrefrain from processing a single bid per guidelines issued by the Central VigilanceCommission(CVC).Incase, the second round of tendering also fetched a single bid, the authority floating the tender was allowed to takeacallonthebid.

However, in October 2021, the Union Government scrapped the “practice” followed by public authorities to reject a single bid during open tenders, stating that it should be considered valid subject to someconditions.

Mobile exports cross Rs 50k crore in eight months

NEW DELHI: At a time when exports in many sectors are either sliding or at best remaining stable, smartphone shipments from India crossed the Rs 50,000-crore mark during April-November 2022, up 110% compared to the same period last year. This is also 10% higher from Rs 45,000 crore registered during the entireFY22.

The main contributors to this massive growth are Apple contract manufacturers – Foxconn, Pegatron (both located in Tamil Nadu) and Wistron (located in Karnataka) – and Samsung.

Nearly 40% of the Rs 50,000 crore worth of smartphones exported from India are iPhones, which Apple exports to Europe,

West Asia and Asian countries, except China.

Samsung and a range of small exporters, most of which are Indian device makers, contributed the remaining60%.

Apple’s vendors and Samsung are participants in the smartphone PLI scheme announced by the governmentinApril2020.

Cargo

CJ-I MV Jupiter DBC 23/12

CJ-II VACANT

CJ-III MV Lady Moon DBC 24/12

CJ-IV MV Berlinda Ocean Harmony 22/12

CJ-V MV Norma Wilhelmsen 22/12

CJ-VI MV Carina B S Shipping 23/12

CJ-VII MV Jasmine D

CJ-VIII MV Navdhenu Purna Genesis 23/12

CJ-IX VACANT

CJ-X MV Sunny Royal

CJ-XI MV TCI Express TCI Seaways 22/12

CJ-XII MV SCI Chennai J M Baxi 22/12

CJ-XIII MV Pac Adhil Tristar Shpg 24/12

CJ-XIV MV Messinian Spire Dariya Shpg. 24/12

CJ-XV MV Osprey Cross Trade 23/12

CJ-XVA MV Thor Fortune Aditya Marine 24/12

CJ-XVI MV Izanagi Harmony Rishi Shpg. 28/12

TunaTekra Steamer's Name Agent's Name ETD

MV Serena Tauras 22/12

Oil Jetty Steamer's Name Agent's Name ETD

OJ-I MT Tiger Integrity GAC Shpg. 22/12

OJ-II MT Sea Harvest

OJ-III MT Carp Samudra 22/12

OJ-IV MT Global Pioneer J M Baxi 22/12

OJ-V MT Stolt Sypress J M Baxi 22/12

OJ-VI MT Dynasty

Stream MV African Kite Anchor Shpg. Djibouti 24 Pcs. Windmill Blade 2022111343

Stream MV AN Hai Stae Interocean 10,000 T. Copper Concentrate 2022121240

Stream MV Armonia Seacoast Africa 31,584 T. Bagged Rice 2022111195

24/12 MV Ashico Victoria Parekh Marine 9,088 T. S. Plates 2022121256

Stream MV Bao Tong 1 Rishi Shpg. 20,205 CBM Pine Logs 2022121009

CJ-IV MV Berlinda Ocean Harmony Tamate 9.000 T. Rice 2022121102

OJ-III MT Carp Samudra 12,000 T. Caustic Soda 2022121208

Stream MV Elisar Ocean Harmony Durban 31,750 T. Sugar Bags 2022111243

Stream MV Flag Gangos Seacoast Douala 32,000 T. Bagged Rice 2022121026

Stream MV Jaohar UK Interocean 26,500 T. Sugar In Bags 2022121114

CJ-I MV Jupiter DBC Sudan 23,000 T. Sugar Bags 2022121036 21/12 MV Kumar Scorpio Shpg. 2,500 T. Bentonite 2022121238

CJ-III MV Lady Moon DBC Somalia 24,900 T. Sugar Bags 2022111377

Stream MV Lady Demet DBC Sudan 29,000 T. Sugar Bags (50 Kgs) 2022121157

Stream MV Mont Blanc Hawk Interocean Sudan 71,000 T. Sugar In Bulk 2022121042 21/12 MV Neptune J DBC Sudan 23,000 T. Sugar Bags 2022121048

Stream MV Obe Heart Interocean Sudan 25,000 T. Sugar Bags 2022111247

Stream MV Obe Queen Ocean Harmony Sudan 40,100 T. Sugar In Bags 2022121014

CJ-XV MV Osprey Cross Trade 59,000 T. Salt 2022121155 25/12 MT Owl 2 GAC Shpg. 4,500 T. C. Oil

CJ-XIII MV Pac Adhil Tristar Shpg 2,500/1,500 T.M.Chloride/Sul. & 18 Wind Mill 2022111285

Stream MV Propel Progress DBC Sudan 25,000 T. Sugar Bags 2022121003

OJ-V MT Stolt Sypress J M Baxi Houston 2,300 T. PDCB

CJ-XVA MV Thor Fortune Aditya Marine Bulgaria 10,200 T. S Pipes 2022121150

Stream MV Zagori Interocean 49,500 T. Sugar Bulk 2022121042

21/12

African Harrier

36,472 JCBM Pine Logs 2022121207 Stream MV Anthea JamesMackintosh Russia 72,006 T. Russian Coal 2022121171 21/12 MV Arizona Interocean 47,250 T. Urea 2022121218 22/12 MV Beijing 2008 Interocean 77,731 T. Sugar Bulk 2022121212

CJ-VI MV Carina BS Shpg. 34,827 T. HMS 21/12 MV Chow Dariya Shpg. 1,25,908 T. Coal 2022121244 CJ-XVI MV Izanagi Harmony Rishi Shpg. 36,326 JAS Pine Logs 2022121188 CJ-XIV MV Messinian Spire Dariya Shpg. Bulgaria 24,150 T. S. Scrap CJ-VIII MV Navdhenu Purna Genesis 49,010 T. Iron Ore CJ-V MV Norma Wilhelmsen Uruguay 39,520 T. Iron Ore Lumps Tuna MV Serena Tauras 49,910 T. Urea In Bulk 2022121215

Due/Berth

22/12 LPG/C AL Jabirah GAC Shpg. 13,500 T. Ammonia 2022121211 24/12 MT Bow Cedar GAC Shpg. Al Jubail 5,000 T. Chem. 24/12 MT Bow Tribute GAC Shpg. 11,000 T. Chem. 21/12 MT Dalmacija Interocean 21,000 T. CDSBO 2022121152 23/12 MT Daw Won Wilhelmsen South Korea 4,000 T. Chem. 2022121147

Stream MT Dawn Mansarovar MK Shpg. 3,990 T. LSHS In Bulk 2022121189 Stream LPG/C IGLC Dicle Seaworld 18,850 T. Propane/Butane 2022121183 Stream MT Fairchem Intergrity Samudra Netharland 6,000 T. Chem. 2022121198 07-Jan MT Gladys W Interocean 29,485 T. CDSBO OJ-IV MT Global Pioneer J M Baxi Indonesia 13,000 T. Palm 2022121095 Stream MT High Leader J M Baxi Sohar Oman 31,695 T. MS 2022121057 Stream MT NCC Yanbu Interocean Brazil 22,000 T. CDSBO 2022121101 28/12 MT Nord Victorius Interocean 30,500 T. CDSBO/CSFO

Stream MT Pacific Citrine Interocean 19,000 T. CDSBO 2022121160 28/12 MT Rustaq Silver Interocean 32,000 T. CPO

Stream LPG/C Sakura Spirit ISS Shpg. 21,194 T. Propane/Butane 2022121173

Stream MT Southern Puma GAC Shpg. Al Jubail 6,998 T. Chem. 2022121190

OJ-V MT Stolt Sypress J M Baxi Dakar 33,025 T. Phos Acid 2022121194

OJ-I MT Tiger Tenacity Interocean 24,112 T. CPO 2022121126

LOAD FOR EAST, WEST, NORTH & SOUTH AFRICAN PORTS

TO LOAD FOR WEST ASIA GULF PORTS

TO LOAD FOR FAR EAST, JAPAN, CHINESE PORTS & AUSTRALIAN PORTS

TO LOAD FOR INDIAN

ISLANDS

Xingang, Qingdao, Busan, Kwangyang, 25/12 Ningbo, Tanjung Pelepas. (FM3)

25/12 25/12-AM Conti Contessa 112E 22407 ONE ONE (India) West Port Kelang, Singapore, Leam Chabang, Busan, Sanshan, 25/12 07/01 07/01-AM One Competence 083E 22415 Ningbo, Sekou, Cai Mep. (PS3) 07/01 26/12 26/12-AM Clemens Schulte 018WE 22408 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 26/12 02/01 02/01-AM Seaspan Chiba 013WE 22416 ONE ONE (India) (TIP) 02/01

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

22/12 22/12-AM SCI Chennai 541 22414 SCI J. M Baxi Jebel Ali. (SMILE) 22/12 23/12 23/12-AM BIG DOG 251W 22412 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam, Mundra (Shaheen) 23/12 23/12 23/12-AM Maersk Chicago 250W 22400 Maersk Line Maersk India Salalah, Jebel Ali, Port Qasim. 23/12 30/12 30/12-AM Maersk Atlanta 251W 22409 (MECL) 30/12 25/12 25/12-AM SSL Bharat 122 22417 SLS SLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 25/12

TBA X-Press Feeders Merchant Shpg. Jebel Ali, Sohar (NMG)

TBA SLS SLS Mangalore, Kandla, Cochin.(WCC)

TO LOAD FOR INDIAN SUB CONTINENT PORTS

21/12 21/12-AM OOCL Luxembourg 099E 22401 OOCL/APL OOCL(I)/DBC Sons Colombo. (CIXA) 21/12 22/12 22/12-AM Xin Shanghai 140E 22410 COSCO COSCO Shpg. Karachi, Colombo (CI1) 22/12 25/12 25/12-AM Irenes Bay 251S 22403 Maersk Line Maersk India Colombo, Bin Qasim, Karachi (JADE) 25/12 25/12 25/12-AM Northern Diamond 251E 22404 SCI J. M Baxi Colombo. (FM3) 25/12 26/12 26/12-AM Clemens Schulte 018WE 22408 X-Press Feeders Merchant Shpg. Karachi, Muhammad Bin Qasim. 26/12 02/01 02/01-AM Seaspan Chiba 013WE 22416 ONE ONE (India) (TIP) 02/01

TO LOAD FOR US & CANADA WEST COAST

23/12 23/12-AM Maersk Chicago 250W 22400 Maersk Line Maersk Line India Newark, North Charleston, Savannah, Huston, Norfolk. 23/12 30/12 30/12-AM Maersk Atlanta 251W 22409 Safmarine Maersk Line India (MECL) 30/12 25/12 25/12-AM Conti Contessa 112E 22407 ONE ONE (India) Los Angeles, Oakland. (PS3) 25/12 26/12 26/12-AM Clemens Schulte 018WE 22408 X-Press Feeders Merchant Shpg Seattle, Vancouver, Long Beach, Los Angeles, New York, 26/12 02/01 02/01-AM Seaspan Chiba 013WE 22416 ONE ONE (India) Norforlk, Charleston, Halifax. (TIP) 02/01

VESSEL NAME (VOY) AGENT I.G.M Date

X-Press Euphrates (V-22047E) Sea Consortium 2329456 12/12

Kashan (V-1282W) Armita India 2329457 12/12

MSC Denisse (V-JD249R) MSC Agency 2329461 12/12

Mombasa Express(V-2249S) ISS Shpg. 2329477 12/12

Vira Bhum (V-2247E) RCL Agencies 2329543 13/12

HDASCO Armita India Gulf 26/12 CB-5 BSG Barbados (V-251W)

25/12 Arzin (V-1283W)

Maersk Line Maersk India U.K. Cont. 22/12 22/12 CUL Jakarta (V-2248E) Global Fdrs./CU Lines Sima Marine/Seahorse Far East 23/12 01/01 Hunsa Bhum(V-2249E) Emirates/RCL Emirates Shpg./RCL Ag. 02/01 20/12 Gulf Barakah (V-2233E) Asyad Line Seabridge Far East 2330146 21/12 29/12 Wadi Bani Khalid(V-2232W) Gulf 30/12 24/12 Lisa (V-251S) Maersk Line Maersk India Africa 25/12 22/12 Libra (V-0130) Lubeck Giga Shpg. B.Abbas 23/12 Interworld Efficient Marine Car.CB-5 Maersk Pangani (V-250W)(Sailed) CMA CGM CMA CGM Ag. (I) Africa 21/12 27/12 Maersk Danube (V-251W) Maersk Line Maersk India 28/12 25/12 Maersk Chicago (V-250W) Maersk Line Maersk India Mediterranean 26/12 23/12 MSC Asya (V-IP251A) MSC/Hapag MSC Ag/ISS Shpg. U.K. Cont. 24/12 04/01 Nord Panther V (V-001S) Box Smart Box Smart Far East 05/01 23/12 Stanley A (V-OMTDPW1) Maersk Line Maersk India Africa 24/12 30/12 CMACGMSanAntionio(V-OMTDRW1) CMA CGM CMA CGM Ag.(I) 31/12 CB-4 Shanghai Voyager (V-2210E) Global Fdr. Sima Marine Far East 2330140 22/12 05/01 GFS Pride (V-2215E) Sinokor Sinokor India 06/01 Heung A Line Sinokor India 24/12 Songa Leopard (V-898E) Unifeeder Feedertech/TSA Far East 25/12 07/01 Hansa Rotenburgh (V-920E) X-Press Feeder Sea Consortium 08/01 22/12 Tema Express (V-2249W) ONE ONE (India) Middle East 23/12 30/12 Seaspan Lahore (V-2251W) Hapag

ESL Da Chan Bay (V-2247E) Emirates Shpg. 2329580 13/12

Prague Express (V-2349W) ISS Shpg. 2329583 13/12

MSC Shanghai (V-IU249A) MSC Agency 2329590 14/12

Xin Pu Dong (V-263E) COSCO Shpg. 2329619 14/12

MSC Irene (V-IS250A) MSC Agency 2329683 14/12

MSCLetizia(V-IP250A) MSC Agency 2329707 14/12

GFS Giselle (V-0063) Sima Marine 2329712 15/12

BLPL Faith (V-3220E) Transworld Gls 2329761 15/12

Hansa Rotenburgh (V-919E) Feedeertech/TSA 2329762 15/12

Bertie (V-0003) Giga Shpg. 2329777 15/12

Sofia 1 (V-250E) Maersk India 2329780 15/12

Maersk Brooklyn(V-250S) Maersk India 2329800 15/12

Hyundai Colombo (V-0129E) HMM Shpg. 2329819 15/12

Interasia Engage(V-E002) Interasia Shpg. 2329822 15/12

Sentosa Trader (V-22003) Giga Shpg. 2329837 15/12

Gabriela A(V-E007) Wan Hai Lines (I) 2329882 16/12

CMA CGM Quelimane (V-OMTDNW1) CMA CGM Ag.(I) 2329883 16/12

X-PressKilimanjaro(V-22007E) Sea Consortium 2329886 16/12

X-Press Bardsey (V-22020E) Sea Consortium 2329916 16/12

Safeen Prism(V-044W) Samsara Shpg. 2329937 16/12

Kota Lagu (V-8W) Zim Integrated 2329955 16/12

Northern Dedication (V-2204W) Poseidon 2329961 16/12

CMA CGM Ivanhoe (V-OIND5W1) CMA CGM Ag.(I) 2329965 16/12

Cypress (V-0FF7ME1) CMA CGM Ag. (I) 2329998 18/12

OOCLLuxembourg(V-099E) OOCL India 2330011 18/12

MSC Diego (V-XA248A) MSC Agency 2330020 18/12

2330224 23/12

Benedetta (V-IS251A) MSC /SCI MSC Agency / CMT U.K. Cont. 24/12 27/12 MSC Ishkya (V-JD251R) MSC MSC Ag Gulf 28/12 CB-6 MSC Teresa (V-IV250A) MSC MSC Agency U.S.A.& Med. 21/12 21/12 MSC Agamemnon(V-IN250B) MSC MSC Agency Mediterranean 2330103 22/12 24/12 Nagoya Express(V-2350W) COSCO COSCO Shpg. Lines U.K. Cont. 25/12 30/12 One Henry Hudson(V-085W) Hapag / ONE ISS Shpg./ONE(INDIA) 31/12 CMA CGM / OOCL CMA CGM Ag.(I)/OOCL(I)

GTI

24/12 Conti Contessa (V-112E) ONE/HMM ONE (India)/HMM Shp g. Far East & 25/12 05/01 One Competence (V-089E) Yang Ming Line Yang Ming Line (I) China 06/01 21/12 CMA CGM Titus (V-OMXDNW1) Hapag/COSCO ISS Shpg./COSCO Shpg. USA, Gulf & 22/12 27/12 Xin Yan Tian (V-075E) CMA CGM CMA CGM Ag. (I) Far East 28/12 23/12 KMTC Dubai (V-2207E) Evergreen Evergreen Far East 24/12 02/01 Zim Norfolk (V-07E)(BMCT) KMTC/HMM KMTC (I)/HMM Shpg. 03/01 Emirates/Gold Star Emirates Shpg./Star Shpg. X-Press Feeders Sea Consortium 25/12 Kota Gabung (V-098E) RCL/PIL/CU Lines RCL Ag./PIL Mumbai/Seahorse Far East 26/12 04/01 Calais Trader (V-022E) Interasia Interasia Shpg. 05/01 29/12 Kota Megah (V-0141E) Gold Star/KMTC Star Shpg./KMTC (I) Far East 30/12 04/01 Pontresina (V-238E) X-Press Fdrs/ONE Sea Consortium/ONE (I) 05/01 TS Lines/PIL TS Lines(I)/PIL Mumbai 22/12 Long Beach Express(V-007W) CMA CGM CMA CGM Ag. (I) USA 23/12 29/12 Bea Schulte (V-009W) Hapag ISS Shpg 30/12 GTI-1 Montpellier (V-026E) X-Press Feeders Sea Consortium Gulf 2330089 22/12 28/12 X-Press Euphrates(V-22051E) Unifeeder Group Transworld Group 29/12 24/12 Northern Practise (V-0030) Transworld Fdrs. Transworld Group Gulf 25/12 31/12 GFS Giselle (V-0064) Global Feeder Sima Marine 01/01 23/12 Northern Diamond (V-251E) Maersk Line Maersk India Far East 24/12 GTI-2 OOCL Luxemburg (V-099E) RCL/OOCL RCL Ag./OOCL(I) Far East 2330011 21/12 26/12 Seamax Stratford (V-119E) Zim/COSCO Zim Int./COSCO Shpg. 27/12 26/12 Wan Hai 502 (V-E108) Hapag/Evergreen ISS Shpg/Evergreen China 28/12 03/01 Wan Hai 507 (V-E208) Wan Hai Wan Hai Lines (I) 05/01 Car.GTI-1 X-Press Bardsey (V-22020E) (Sailed) ONE ONE (India) Karachi & 2329916 20/12 25/12 Bangkok Bridge (V-0139E) X-Press Feeders Sea Consortium Far East 26/12

MSC Tracy V (V-044W) MSC Agency 2330028 18/12

Montpellier (V-026E) Transworld Group 2330089 19/12

MSC Agamemnon(V-IN250B) MSC Agency 2330103 19/12

ShanghaiVoyager(V-2210E) Sinokor India 2330140 19/12

Gulf Barakah(V-2233E) Seabridge Marine 2330146 19/12

JakartaVoyager(V-E2210) Sinokor India 2330148 19/12

OOCL Asia (V-175E) OOCL (I) 2330173 19/12

MSC Rida (V-IU250A) MSC Agency 2330224 20/12

Vessel Name (Voy) Sailing Dt. Next Port EXPORT

KMTC Delhi (V-2206E) 18-11-2022

Poseidon Gulf 2329961 20/12 BMCT-2 OOCL Asia (V-175E) CMA CGM/APL CMA CGM Ag. (I) U.K. Cont. 2330173 22/12 28/12 CMA CGM Belcondene (V-OPESCW) COSCO / OOCL COSCO Shpg. Lines/OOCL(I) 29/12 Car.GTI-1 Safeen Prism (V- 044W) (Sailed) Safeen Feeders Samsara Shpg. Gulf 2329937 21/12 23/12 Xin Shanghai (V-140E) COSCO COSCO Shpg. Lines Far East 24/12 29/12 COSCO Thailand (V-090E) 30/12

CMA CGM Ivanhoe (V-OINB5W1) 20-12-2022

ESL Da Chan Bay (V-2247E) 17-12-2022 Hazira OOCL Hambug (V-139E) 17-12-2022 Pipavav

GFS Giselle (V-0063) 18-12-2022 Jebel Ali

Sofia 1 (V-250E) 18-12-2022 Pipavav

Interasia Engage (V-E002) 19-12-2022 AICT

X-PressKilimanjaro(V-22007E) 19-12-2022 Karachi

X-Press Bardsey (V-22020E) 20-12-2022 Colombo

Safeen Prism (V-044W) 21-12-2022 Sharjah

CMA CGM Fidelio (V-OPE5BW1) 14-12-2022 ACMT

Asiatic Neptune(V-86W) 14-12-2022 Colombo

MombasaExpress(V-2249S) 15-12-2022 ACMT

Maersk Genoa (V-249W) 16-12-2022 Salallah

Xin Pu Dong (V-263E) 17-12-2022 AICT

Sentosa Trader (V-003W) 18-12-2022 Dubai

Cypress (V-OFF7ME1) 19-12-2022 ACMT

Gabriela A (V-E007) 19-12-2022 MICT

BLPL Faith (V-3220E) 20-12-2022 Chittagong

MSC Tracy V (V-IW250A) 20-12-2022 Colombo

NorthernDedication(V-2204W) 20-12-2022 Sohar

I.G.M. FILED AT JAWAHAR CUSTOMS FOR JNP/NSICT/NSIGT/BMCT/GTI VESSELS 25/12

Australian Dollar 57.85 55.40

Bahraini Dinar 226.15 212.70

Canadian Dollar 62.00 59.95

Chinese Yuan 12.05 11.70

Danish Kroner 12.05 11.65

EURO 89.70 86.55

Hong Kong Dollar 10.80 10.45

Kuwaiti Dinar 278.15 261.45

New Zealand Dollar 54.75 52.35 Norwegian Kroner 8.60 8.30

Pound Sterling 104.20 100.75

Qatari Riyal 23.25 21.85

Saudi Arabian Riyal 22.70 21.35

Singapore Dollar 62.30 60.30

South African Rand 4.95 4.65

Swedish Kroner 8.25 7.95

Swiss Franc 91.00 87.65

Turkish Lira 4.55 4.30 UAE Dirham 23.20 21.85

US Dollar 83.55 81.80

Japanese Yen (100) 62.00 60.05 Korean Won (100) 6.55 6.15

U.K. Pound 88.4100 88.5875 87.1250 87.0650

Japanese Yen(100) 62.6225 62.7475 61.6825 61.6400

Swiss Franc 89.9500 90.1300 88.4000 88.3400

Swedish Kroner 8.0350 8.0525 7.8675 7.8625

Canadian Dollar 60.9975 61.1200 60.0925 60.0500

Australian Dollar 55.7125 55.8250 54.6300 54.5925

Singapore Dollar 61.6850 61.8100 60.4225 60.3800

Hong Kong Dollar 10.7450 10.7675 10.5275 10.5200 UAE Dirham 22.7750 22.8200 22.3075 22.2900

(J/E) 06.12.2022

A.P. Moller – Maersk announces new and innovative cold storage facility in Norway

OSLO: A.P. Moller - Maersk (Maersk) continues to integrate global end-to-end cold chains with the announcement of a new innovative cold storage facility planned for Flatholmen quay in Aalesund, Norway. Thenewfacilityisspecificallydesignedtoaccommodatethe needs of the vast Norwegian seafood industry. It will be amongthelargestcoldstoragesofitskindinthecountryand isexpectedtobecomefullyoperationalbyQ12024.

The construction of the new facility in Aalesund, which also will be the company’s first low GHG emissions cold storage in Norway, will be according to BREEAM Excellent standards with zero direct emissions from operations in full accordance with Maersk´s overall goal to decarbonise its entireoperationsby2040.

When operational, the facility is expected to help significantly reduce customers´ climate footprint in their entiresupplychain.

“We are pleased to announce our first green cold storage facility in Norway. Many of our customers, especially in the seafood industry, are looking for long-term partners that have such capabilities to reduce their entire climate footprint.ThecoldstoreinAalesundisanotherstepforward in our commitment to set a course for zero carbon logistics while at the same time enabling true integrated logistics for our customers,”said, Birna Odefors, Area Managing Director,Nordics,A.P.Moller–Maersk.

Maersk’s emissions targets entail that at least 90 pct. of its global cold chain and contract logistics operations will becertifiedasgreenby2030(scope1and2).

Upon completion, the new and innovative facility will have around 12,000 sqm of fully convertible temperaturecontrolled space. In total, the facility will provide storage for over 33,000 pallets of cold store products while offering true integrated cold chain logistics offerings as storage, distribution, and inland transportation services for itscustomers.

“With this initiative, we are taking another step forward in enabling true end-to-end cold chain offerings in Norway. ThenewfacilityinAalesundwillallowallcargotobedirectly stored and consolidated at our cold store at the terminal instead of being consolidated from smaller cold stores in the region. With its quay side location, it will also provide easy infrastructure access from palletised cargo from the

North and limit today’s traffic between cold stores and terminal. All this will improve our customers cashflow and lead to lower operational costs for everyone involved,” says Birna Odefors, Area Managing Director, Nordics, A.P.Moller–Maersk.

Though decades, Maersk has been active in the region of Aalesund, the largest receiver of wild catch in Norway and alsothemostimportanthubforfishfromNorthofNorway.

The new facility will serve as a seamless supply chain link for customers when transporting frozen and refrigerated products such linking Aalesund´s strategic location with easy access to national road networks and proximity with shipping ports reaching major container hubs in Europe with relative ease, and from there to the rest oftheworld.

The agreement with Maersk to build a state-of-the-art and low GHG emissions cold storage facility is another milestone for the development of Port of Aalesund and is an importantstepinthelong-termpartnership.

“We are excited and proud to be able to facilitate a major development for the Aalesund region. The long-term relation for Maersk in Aalesund is consolidated through this agreement and we are confident that it will bring even more business to our area,” says, Ole Christian Fiskaa, PortDirector,PortofAalesund.

Norway is the world's leading producer of Atlantic salmonandoneofthelargestseafoodexportersintheworld. The Norwegian aquaculture industry has developed to become an industry of major importance in the country. The value of the Norway fish exports today accounts USD11,9Bandistargetedtofive-foldby2050(2010baseline).

Exports to UAE get FTA boost

NEW DELHI: Six months after the India-UAE free trade agreement (FTA) came into force, India’s merchandise exports to the West Asian economy rose 13.5% from a year earlier, outpacing a 10.3% increase in the country’s overall goods despatches. Between May and October this fiscal, exports to the UAE hit $15.39 billion, compared with $13.56 billion a year before, according to the latest official data. Meanwhile, goods imports from the UAE jumped 32.6% during this period to $27.44 billion, compared with a 34.6% jumpinIndia’stotalimports.

Of course, these are early days and a comprehensive analysis of gains or losses from the FTA is possible only over the medium-to-long term. “(Nevertheless), the initial signs are encouraging. We have been expecting a positive result,” anofficialsourcesaid.

The outcome of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), which entered into force on May 1, assumes significance, as it was the first FTA that New Delhi had signed with any economy in a decade, shedding its inhibitions about the efficacy of trade deals. According to an FE analysis earlier this year, five of India’s six prominent FTAs, which came into force between 2006 and 2011, had exacerbated New Delhi’s trade balance. After the agreement with the UAE, India hammered out an interimtradedealwithAustraliaandisnowengagedintalks for FTAs with the UK, the EU, Canada, and members of the

GulfCo-operationCouncil.

Accordingtotheofficialdata,petroleumproductsandgems and jewellery made up close to a half of India’s exports to the UAE, followed by certain capital goods and steel and iron and suchproducts.Similarly,oilandgemsandjewellerydominated India’s purchases from the UAE, with an 80% share in imports.The gems and jewellery segment has emerged as one of the biggest beneficiaries of the trade deal. SuchexportstotheUAEjumped20.6%thisfiscal,farexceeding justa2.6%riseinoveralldespatchesoftheseproducts.

According to the CEPA, the UAE will allow as many as 99% of Indian goods (in value term) at zero duty in five years from about 90% in the first year. Similarly, India will permit duty-free access to 80% of goods from the UAE now and it wouldgoupto90%in10years.

Indian labour-intensive sectors, such as gems & jewellery, textiles & garments, leather, footwear, sports goods, plastics, furniture, agricultural and wood products stand to gain from the FTA, along with other sectors like engineering products, pharmaceuticals, medical devices,andautomobiles.

Indian service providers, too, will have greater access to around 111 sub-sectors from the 11 broad service categories. Bilateral trade (both goods and services) is targeted to touch $115 billion in five years from about $60 billioninthepre-pandemicyearofFY20.