Guj + North India 23-12-2024 by Daily Shipping Times

MUMBAI : (022)22661756/1422,22691407

+ NORTH INDIA

AHMEDABAD : (079) 26569995, E-Mail:dstgujarat@gmail.com

KANDLA : (02836)222665/225790, E-Mail:dstimeskdl@gmail.com

APM Terminals Pipavav welcomes Vertom Rita : a 'Make in India' milestone

PIPAVAV: APM Terminals

Pipavav—itselfagroundbreaker terminal in its net zero goals — celebrated the arrival of the Vertom Rita on its maiden voyage earlier this month. This hybrid vessel embodies India's vision of maritime excellenceanddecarbonisation.

The Vertom Rita is powered by a hybrid system combining fuel and electric energy to reduce fuel consumption by 50%, significantly cutting greenhouse gas emissions.

Cont’d. Pg. 10

Gujarat CM Bhupendra Patel attends Annual get-together of GCCI

Yang Ming to launch India Ocean Express Service enhancing Service Network

Cont’d. Pg. 10

AHMEDABAD: Chief Minister Shri Bhupendra Patel attended the Annual Get-Together of the Gujarat Chambers of Commerce and Industry (GCCI)inAhmedabad.Duringtheevent,the Chief Minister launched a commemorative video film celebrating GCCI’s illustrious 75-year journey. Additionally, GCCI unveiled details of its upcoming Annual Trade Expo, GATE 2025, highlighting planned activities.

TAIPEI: Yang Ming Marine Tr an sp or t Co rp or at io n (“Yang Ming”) is proactively exploring new markets In view of India's strong economic performance and its position as one of the fastest-growing major economies, the Company is pleased to announce the launch of New India Ocean Express service (“ISE”), providing a Direct connection from West India, Sri Lanka, and Pakistan to the North Europe region.

Yang Ming to launch India Ocean Express Service enhancing Service Network

Cont’d. from Pg. 4

The ISE service will offer Direct connections and transshipment solutions across Indian Subcontinent, supporting customers in meetingtheirbusinessdemands.

The inaugural voyage will commence on February5th,2025.

Hyundai Oakland/V133W (ETA Karachi: 5thFebruary2025)

Hyundai Oakland/V133E (ETA London Gateway: 16thMarch2025) Service rotation and note that the service will be routedviaCapeofGoodHope.

Karachi- Hazira- Mundra- Nhava ShevaColombo- London Gateway- Rotterdam- HamburgAntwerp-Karachi.

APM Terminals Pipavav welcomes Vertom Rita : a 'Make in India' milestone

Cont’d. from Pg. 4

Its onboard innovations — including seawater-todrinking-water systems — eliminate plastic dependency, further cementing its role as a pioneer in sustainableshipping.

Built by Chowgule Shipyard at Mormugao, Goa, under the ‘Make in India’ initiative, the 5,200 MT capacity ship is owned by Vertom Shipping B.V. and marks a milestone in India's growing shipbuilding capabilities.

On its maiden voyage, the vessel carried a full shipment of guar destined for Scandinavian markets. The vegetable protein is produced by Greenfields Derivatives Pvt. Ltd., and is grown in water-scarce deserts without deforestation, as an alternative to animal-basedprotein(suchasfishmeal)inaquafeed.

Gujarat CM Bhupendra Patel attends Annual get-together of GCCI

Cont’d. from Pg. 4

ChiefMinister Shri Bhupendra Patel, honouring the visionary founder of GCCI, Shri Kasturbhai Lalbhai, stated that Gujarat continues to thrive under the farsighted leadership and commitment of Prime Minister Shri Narendra Modi. He mentioned that during his tenure as Chief Minister, Shri Narendra Modi fostered a business-friendly environment in the state by ensuring the development of robust infrastructure and essential facilities. Reflecting on the state’s development journey, the Chief Minister emphasized that under the leadership of Shri Narendra Modi, the transformation of the Sabarmati River resulted in the creationoftheiconicSabarmatiRiverfront.Heunited peopleandkeptthestateonasteadypathofprogress.

On this occasion, Swami Shri Paramatmanand Saraswati of Shivanand Ashram shared that change is the law of the world. In today’s era of science and technology, change is inevitable in everyfield.Heemphasizedthatastheparametersof happiness, sorrow, life values, and social ideals shift, it is our duty to ensure the coming generation is morevirtuous.

The Vibrant Gujarat Summit, launched under his guidance, has established Gujarat as the nation’s growthengine.Statingthattodaymorethan100ofthe top 500 companies are operating in Gujarat, the Chief Minister added that the state is making remarkable progress in innovative sectors like green energy and semiconductors. At the same time, through initiatives like natural farming, Gujarat is also realizing the mantra of Mission LiFE. Quoting “Yahi Samay Hai, Sahi Samay Hai” (This is the right time, the perfect time), he remarked that this is a golden era for business and employment, as the mantra of ‘Ease of Doing Business’ has become a reality under the Prime Minister’s leadership. The CM emphasized the crucial role of trade and industry,includingGCCI,inbuildingViksitBharatand urgedeveryonetocontributetoachievingthatvision.

Prominent industrialist and Padma Shri Savjibhai Dholakia praised Chief Minister Shri Bhupendra Patel for his strong leadership and swiftdecision-making,whichhaspropelledthestate’s rapid development. He further added that combining social service with business and contributing back to society brings immense satisfaction. In his welcome address, GCCI President Shri Sandeep Engineer remarked that two years of development have been completedundertheleadershipofChiefMinisterShri Bhupendra Patel. He emphasized that the successful implementation of business-friendly policies, aids, and schemes has made the concept of ‘Ease of Doing Business’ a reality in the state’s trade and industry sectorundertheChiefMinister’sguidance.

The event was attended by Ahmedabad Mayor Smt. Pratibha Jain, MLA Shri Kaushik Jain, Shri Harshad Patel, and Shri Amit Thakar, Standing Committee Chairman Shri Devang Dani, former GCCI President Shri Ajay Patel, along with GCCI officials, members, and various committee heads.

APM Terminals Pipavav was the logical and proud port of choice to welcome the Vertom Rita for this future-forwardvoyage.

SHIPPING MOVEMENTS AT GUJARAT PORTS

TODAY’S TIDE 23/12/2024

Cargo Steamer's Agent's ETD Jetty Name Name

CJ-I Mars J DBC 26/12

CJ-II Haj Abdullah T DBC 25/12

CJ-III Global Maharani Preetika Shpg. 27/12

CJ-IV Chitral Synergy Seaport 24/12

CJ-V Tai Honor DBC 25/12

CJ-VI Hua Si Hai Anline Shpg. 30/12

CJ-VII HPC Future Jeel Kandla 29/12

CJ-VIII Propel Glory Cross Trade 27/12

CJ-IX CSSC Immingham James Mackintosh 26/12

CJ-X Gautam Krishav Ocean Harmony 25/12

CJ-XI Vacant

CJ-XII SCI Chennai JM Baxi 24/12

CJ-XIII Penelop L Synergy Seaport 25/12

CJ-XIV YM Advance Interocean 24/12

CJ-XV Optimax II Mitsutor 25/12

CJ-XVA Baoshun Glory Chowgule Bros 25/12

CJ-XVI AC Renhe Trueblue Shipping 26/12

TUNA VESSEL'S NAME AGENT'S NAME ETD Prabhu Sumat Interocean 20/12 Sakizaya Future Interocean 20/12 Peney

OIL JETTY VESSEL'S NAME AGENT'S NAME ETD

OJ-I Severin Schulte

OJ-II DS Cougar Samudra 24/12

OJ-III Woojin Elvis

OJ-IV No.3 Ocean Pioneer

OJ-V Gas Nora Ocean Shpg. 24/12

OJ-VI Vacant

OJ-VII

SHIPS SAILED WITH EXPORT CARGO

Steamer's Name Arrival on Next Destn.

Artam Voy 18/12 Bandar Abbas-Jebel Ali-Constanta-Chabahar

Doctor O 18/12 Yemen

Haj Ali 18/12 Yemen

Gautam Kavya 18/12

DS Sofie Bulker 18/12 Abidjan

TCI Express 19/12 Manglore-CochinTuticorin-Chennai

Prospect 19/12 Khor Al FakkanNhava Sheva

Mohsen Ilyas 19/12 Yemen

Queen Lila 20/12 Locanda Dawn 20/12 Abidjan

Genco Columbia 21/12

Mandal 21/12

Inuyama 21/12 Korea Santa Angelina 21/12

Steamer's Name Agents Arrival on Bomustafa O DBC 24/11

Atlantis DBC 02/11

Haj Mohamad DBC 22/11

East Wind I Anline Shpg. 14/11

Mercury J DBC 19/11

Glamor Anline Shpg. 23/11

Soul Mercy Anline Shpg. 30/11

NJ Sun B S Shipping 07/12

Spinnaker SW DBC 11/12

Spring Oasis Seavision Shpg. 30/11

Sofia Shantilal Shpg. 13/12

Thassos Warrior Dariya Shpg. 17/12

Ansac Moon Bear Interocean 09/12

Zhong Xin Fa Zhan Chowgule Bros 18/12

Kiran Carribean Chowgule Bros 19/12

Dulce Diva Mihir & Co. 19/12

Gift Benline 18/12

SHIPS NOT READY FOR BERTH

Steamer's Name Agents Arrival on Humbergratch JMBaxi 02/12

Ansac Moon Bear Interocean 09/12

Pegasus 02 DBC 10/12

CJ-XVI

Stream

CJ-XVA Baoshun Glory Chowgule

Stream Bomustafa O DBC

Stream CS Sarafina ACT Infra Bera

Stream East Wind I Anline Shpg.

Stream Eraclea Cross

Stream Gautam Rehansh Ocean Harmony

Stream Gautam Kavya Ocean Harmony

Stream Gift Benline

Stream Glamor Anline Shpg.

CJ-II Haj Abdullah T DBC

Stream Haj Mohamad DBC

Stream Humbergratch JMBaxi Germany 3 Nos. Windmill Blades

Stream Kiran Carribean Chowgule Bros China

Stream Maple Harbour Cross Trade

CJ-I Mars J DBC

Stream Mercury J DBC

Stream Mohsen Ilyas Seacoast

Stream NJ Sun B S Shipping

Stream Pegasus 02 DBC

Stream Royal O DBC

Stream Sofia Shantilal Shpg.

Stream Soul Mercy Anline Shpg.

Stream Spring Oasis Seavision Shpg.

05-Jan

Stream Tulsi Sagar Inayat

Stream Vishva Ekta Ocean Harmony

Stream Zhong Xin Fa Zhan Chowgule Bros

In Bulk

T. Rice In Jumbo Bags

Bags

VESSELS IN PORT & DUE FOR IMPORT DISCHARGE

GENERAL CARGO VESSELS

Tuna Sakizaya Future Interocean

Lentils/Peas Stream Spinnaker SW DBC

INIXY124121872 CJ-V Tai Honor DBC

Stream Thassos Warrior Dariya Shpg. Indonesia

23-Dec Zhe Hai 522 JMBaxi

PL/3257 CR Coils)

LIQUID CARGO VESSELS

24-Dec Al Barrah Interocean

24-Dec Bow Platinum GAC Shpg.

24-Dec Dawn Mansarovar Malara Shpg.

Stream Ding Heng 45 Samudra

OJ-II DS Cougar Samudra Saudi Arabia

Propane/Butane

T. Caustic Soda INIXY124122092

T. Chemicals INIXY124122018

Stream DM Bea Samudra 6,300 T. Chemicals

OJ-V Gas Nora Ocean Shpg.

Stream Heng Hui Young Wang Samudra

23-Dec Jal Kisan Anline Shpg.

Stream Jeil Crystal Wilhelmsen

Stream KG 7 Samudra Sohar Oman

Ammonia

Chemicals

T. Phos Acid

T. Chemicals INIXY124121958

Chemicals

Stream Korea Chemi Samudra Al Jubail 5,000 T. Chemicals

Stream M Regina Scorpio Shpg. 3,831

Stream Maersk Bering Seaport

Stream Siya Ram Samudra

OJ-VII Stena Image Interocean

VESSELS DUE IN PORT FOR IMPORT DISCHARGE & EXPORT

DP WORLD MUNDRA

GULF PORT

Maersk Cabo Verde 452S 4114477 Maersk Line Maersk India Port Casina, Mombasa (MAWINGU)

29/12-AM Maersk Congo 452W 4124609 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)

TO LOAD FOR FAR EAST JAPAN, CHINESE PORTS & AUSTRALIAN

23/12 23/12-PM GFS Giselle 2413 4114488 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC)

24/12 24/12-AM Benita 1 4124664 Interworld Efficient Marine China (BMM)

PORTS

25/12 24/12-PM Interasia Accelerate 3E 4124543 Heung A / WHL Sinokor (I) / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 26/12

TBA X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, Maersk Line Maersk India Ningbo, Tanjung, Pelepas, Port Kelang (NWX)

TBA Asyad Line Seabridge Marine Haiphong, Laem Chabang, Jakarta (IEX) TO LOAD FOR INDIAN SUB CONTINENT

23/12 23/12-PM GFS Giselle 2413 4114488 Global Feeder Sima Marine Karachi (CSC) 24/12 29/12 29/12-AM Maersk Congo 452W 4124609 Maersk Line Maersks India Colombo (MW2 MEWA)

TBA Sai ShippingSai Shipping Karachi (JKX)

TBA Asyad Line Seabridge Marine Karachi (REX)

CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE

23/12 GFS Giselle (V-2413) 4114488 MBK Logistix Nhava Sheva 23/12 Maersk Guayaquil (V-451W) 4114478 Maersk India Jebel Ali 24/12 Celsius Edinburgh (V-4S) 4114416 Unifeeder Agency Jebel Ali

CB-1 Gibe (V-112WB) Samsara Shpg. 24/12 CB-2 Folk Jeddah (V-2501W) Seastar Global 24/12

25/12 Interasia Accelerate (V-3E) 4124543 Interasia Line Nhava Sheva 28/12 X-Press Altair (V-25001W) 4124700 X-Press Feeder Karachi 29/12 Maersk Congo (V-452W) 4124609 Maersk India Nhava Sheva

Maersk Cape Town (V-451S) Salalah 21-12-2024 Wan Hai 613 (V-66E) Port Kelang 21-12-2024 Wan Hai 316 (V-222W) Nhava Sheva 21-12-2024

ADANI MUNDRA CONTAINER TERMINAL (AMCT)

Ever Ethic 172E 2404524 Evergreen/ONE Evergreen Shpg/ONE Port Kelang, Tanjin Pelepas, Singapore, Xingang, Qingdao, Ningbo 26/12 Feedertech/TS Lines Feedertech / TS Line Shanghai (CISC) 26/12 26/12-AM X-Press Capella 24008E 2404620 One/X-Press Feeder OneIndia / SC-SPL Port Kelang, HongKong, Shanghai, Ningbo, Shekou. (CWX) 27/12 KMTC /TS Line KMTC India/TS Line (I) Port Kelang, Hongkong, Sanghai, Ningbo. (CWX)

26/12 26/12-AM HMM Bankok 118E 2404630 Hyundai Seabridge Maritime Singapore, Da Chan Bay, Busan, Kwangyang, Shangai. (FIM EAST)

ADANI INTERNATIONAL

CONTAINER TERMINAL

PIPAVAV PORT

Seaspan

LOAD FOR WEST ASIA GULF, RED SEA

EAST AFRICAN PORTS

Katupalli, Vishakhapatanam, Krishnapatanam, Cochin, Mundra. (CCG)

LOAD FOR US & CANADA WEST COAST

SHIPPING MOVEMENTS AT ADANI HAZIRA PORT

PM Modi lays foundation stone of Rs. 3,687 crore railway projects passing through Gujarat

BANASKANTHA : Prime Minister Shri Narendra Modi inaugurated the recently electrified BhildiSamdari-Luni-Jodhpur-Merta Road-DeganaRatangarh Railway Line. He also laid the foundation stone for works related to the Luni-Samdari-Bhildi double line project during an event held in Rajasthan.

The 271.97 km-long Luni-Samdari-Bhildi Doubling Project is expected to cost Rs. 3,085 crore. Besides covering three districts of Rajasthan, the project will extend into Banaskantha in North Gujarat, as Bhildi is located in the Deesa taluka of the district. This project

aims to facilitate seamless movement of double-stack container trains and passenger trains while accommodating the increasing demand for additional trainservices.

Meanwhile, the dedication of 604 RKM (Route Kilometer)ofthenewlyelectrifiedBhildi-Samdari-LuniJodhpur-Merta Road-Degana-Ratangarh line, completedatacostofRs.602crore,willenableseamless freighttrainoperationstoKandlaPortandMundraPort from Rajasthan. The electrification will also enhance sectional speeds and serve as a greener alternative to dieseltraction.

Logistics cost may have come down to 10% of GDP on Infra facelift, Faster Freight, feels CBIC Chairman

We will have to further work to determine the actual logiscs cost in India

NEW DELHI: India's logistics cost, pegged at 14 percent of the GDP for long, may have come down to around 10 percent, thanks to faster freight movement, reduced inter-state bottlenecks under GST, and significant improvementsininfrastructure,

Central Board of Indirect Taxes & Customs (CBIC) ChairmanSanjayKumarAgarwal saidonDecember18.

“The logistics cost as a percentage of GDP cannot remain constant at 14 percent. Maybe, with some other calculations,Iheardthatithascomedownto10percent.We will have to further work on it to determine the actual logisticscostinIndia,”hesaid.

Speaking at a Confederation of Indian Industry (CII) event, Agarwal emphasised the role of multi-modal connectivityandtargetedreformsinbringingdownlogistics costandboostingthecountry’sexportcompetitiveness.

Agarwal pointed out that logistics costs in developed nations are typically 8-9 percent of the GDP to stress on India’sneedtonarrowthegapfurther.

The Goods and Services Tax (GST) regime has been a game-changer in reducing transit times, he said. “With the introduction of GST, the time taken at state borders has disappeared. The road infrastructure is better, andfreightmovementismuchfasternow.”

He credited initiatives like the Gatishakti National

Master Plan for addressing structural challenges in logistics and infrastructure. He cited upcoming infrastructure projects, such as seaports and airports, as critical to bridging logisticsgaps.

“Multi-modal connectivity via Gatishakti aims to cut down logistics costs significantly. New seaports and airports, including Jewar in Uttar Pradesh and Rajkot in Gujarat, are soon to be operational and will provide critical linkstoovercomelogisticalbottlenecks,”hesaid. CustomsModernisationtoAidExporters

The CBIC has also been focusing on streamlining export-import processes to reduce clearance times. “We are conducting studies to reduce release times for exports and imports at customs. The focus is on addressing structural challenges faced by exporters to make India’s exportsmorecompetitiveglobally,”Agarwalshared.

India’s high logistics cost is often seen as a barrier to trade competitiveness as it adds a burden on exporters and manufacturers.

As the Government continues to roll out infrastructure projects and implement policy changes, Agarwal emphasised that ongoing evaluations and studies will play a key role in measuring the progress and ensuring sustained improvementsinthelogisticslandscape.

WSC Board elects new Chairman and Vice Chairman

WASHINGTON/LONDON/BRUSSELS/SINGAPORE:

The World Shipping Council (WSC) Board of Directors has elected SorenToft,CEOofMSCMediterraneanShipping Company, as the new Chairman of the World Shipping Council Board. Randy Chen, Vice Chairman of Wan Hai Lines,hasbeenelectedViceChairman.

Soren Toft and Randy Chen will serve a two-year term, effective immediately. The new Chairman and Vice Chairman succeed Rolf Habben Jansen, CEO of HapagLloydAG,andJeremyNixon,CEOofONE,whohaveserved as co-Chairs of the WSC Board for two terms, starting November2020.

WSC President and CEO Joe Kramek highlights the extensive expertise that Soren Toft and Randy Chen will bring,andtheircontributionstotheglobalshippingindustry.

"I am looking forward to working with Soren Toft and Randy Chen in their new roles. Both are esteemed leaders with a proven track record of driving innovation and sustainability in the global shipping industry. Their experience and expertise will be instrumental in continuing to develop the World Shipping Council as the unitedvoiceoflinershipping,”saysJoeKramek.

“Ialsoextendmysincere gratitude to Rolf Habben Jansen and Jeremy Nixon for their exceptional leadershipoverthepastfour years, during a critical time for the industry and WSC. Their commitment has been instrumental in the Council’s growth and development, strengthening its representation internationally and extendingitsscopeofwork,”saysJoeKramek.

“It is an honour to step into the role of Chairman for the World Shipping Council and to represent the global liner shipping industry alongside our members. WSC is today a respected voice of liner shipping, engaging with governments and organisations globally,” says Soren Toft, CEOofMSCMediterraneanShippingCompany.

“An ever-changing world presents both challenges and opportunities for our industry as we head into the future, and I am eager to further advance our work to shape the future growthofasociallyresponsible,environmentallysustainable, safe and secure shipping industry,” Soren Toft adds.

Shri Sanjay Kumar Agarwal

m.v

NOTICE TO CONSIGNEES

“WAN HAI 316” V-222W

I G M No. 2395319 Dtd. 20-12-2024

The above vessel has arrived at Mundra on 19-12-2024 as per following details.

Consignees are requested to obtain the DELIVERY ORDERS on presentation of ORIGINAL BILLS OF LADING duly discharged 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 / lCD's movement due to port congestion or any other cause beyond the control of the Shipping Line / Agents are not responsible for the same. Also note that the Shipping Line / or their Agents will not be held responsible for auction by Port / Customs / Custodian of uncleared cargo on expiry of stipulated period as laid down in the byelaws. Consignees are advised that the carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods.

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

Aura Commercial Building, Ward 6, Plot No. 23 Commercial, Office No. S/3 & 4, 2nd Floor, Aerodrome Road, Opp. Om Cineplex, Gandhidham, Gujarat - 370201. In case of any query kindly contact the below E-mail IDS & Phone Numbers : IMPORT related : ravi.vaghela@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 89809 97977 EXPORT related : hardik.jadeja@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

IGM Tracking : http://www.emiratesline.com : 8090/eadmins/igm_main.jsp.

NOTICE TO CONSIGNEES

m.v.

“GSL NICOLETTA” V-447W

The above vessel has arrived at Mundra on 19-12-2024 as per following details.

If there is any delay in CY-CFS / lCD's movement due to port congestion or any other cause beyond the control of the Shipping Line / Agents are not responsible for the same. Also note that the Shipping Line / or their Agents will not be held responsible for auction by Port / Customs / Custodian of uncleared cargo on expiry of stipulated period as laid down in the byelaws. Consignees are advised that the carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods.

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

IMPORT related : ravi.vaghela@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 89809 97977

EXPORT related : hardik.jadeja@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

IGM Tracking : http://www.emiratesline.com : 8090/eadmins/igm_main.jsp.

GST Council may provide exporter status to intermediaries for tax relief

NEWDELHI:The55thGoodsand

Services Tax (GST) Council meeting on Saturday may provide relief to intermediaries such as brokers, agents, and online bidding portals that offer their services to entities abroad. This will be done by classifyingthemasexporters,making themzero-rated.

At present intermediary services are charged at 18 per cent under the Central GST Act. According to sources, the fitment committee of the GST Council has proposed an amendment to the Integrated GST ActbydeletingSection13(8)(b).

“This amendment would alleviate thefinancialburdenofthe18percent GST currently imposed on these services, thereby creating a more level playing field for Indian intermediariesincomparisontotheir foreign counterparts,” a source said. This proposal comes in the light of

show-cause notices (SCNs) of Rs 3,357 crore issued to these intermediaries. This may be dropped iftheamendmenttakeseffect.

In India, many individual and corporate brokers work as brokers or agents in the commodities market, especially related to textiles and leather goods. So providing the zeroratedbenefitwillgivebigrelieftothem.

Experts said online bidding portals like Mjunction, ONDC (Open Network for Digital Commerce) and MSTC would also benefit from the proposedamendment.

Vivek Jalan, partner with Tax Connect Advisory Services, said: “Ideally the service of the agent should be treated as export of services under Section 2(6) of the IGST Act and should be zero-rated. However,Section13(8)(b)ofthesame Act comes in the way and provides that the place of supply of services of

such intermediaries should be the placeoftheserviceprovider,inIndia.”

He added the 18 per cent was an additional burden on these intermediaries because the recipients of such services abroad wouldnotevengetinputtaxcrediton suchclaims.

Separately,thelawcommitteehas recommended the GST Council simplify providing input tax credit through the recently launched Invoice Management System (IMS), which helps businesses to track GST liabilities.

“The current system disregards the challenges of accounting timelines and reconciliation processes. This has led to financial burdens on suppliers who are often compelled to pay GST liabilities for which they are not liable,” said Rajat Mohan, senior partner, AMRG & Associates.

Service will be included in coastal trade, according to the new Coastal Shipping Bill

NEW DELHI: India’s new Coastal Shipping law, which is awaiting Parliamentapproval,seekstoinclude “service”inthedefinitionof“coasting trade” that currently covers transportation of goods and passengers, making it easier to secure a license to operate offshore vessels.

Offshore vessels provide services without engaging in transportation of goodsandpassengers.

“In offshore areas, there is a lot of work going on for oil and gas exploration and research related activities. Those offshore ships are neither taking passengers nor transporting goods. They are supporting drilling, research activities etc. So, we have added service also within the ambit of the Coastal Shipping Bill. If an entity is providing service in any coastal area, then a license will be

required if it is not using an Indian flag ship,” a Government official said.

Indian flag ships will be exempted fromlicensingrequirements.

“There was ambiguity in the existing law; service was excluded, onlytransportationofpassengersand goodswereincluded.Now,everything hasbeenmadeclear,”theofficialsaid, noting that a license is required for foreign flag vessels that transport passengers, goods and provide servicesalongthecoast.

Service will cover oil and gas exploration activities, dredging, drilling, laying pipeline etc where neither passenger nor cargo is transported. A license will be made mandatory for providing these serviceswiththehelpofaforeignflag shipforthedurationofthecontract.

To be sure, offshore vessels currently take licenses if they are

chartered and brought into the country.

“Thereisnodirectprovisioninthe Merchant Shipping Act 1958 for licensing of offshore ships, but a license was taken for dealing with Customs and other agencies,” theofficialsaid.

TheCoastalShippingBill2024was drafted by carving out Part 14 of the Merchant Shipping Act, 1958 into a separate legislation to help the government make focussed policy decisions and give impetus to coastal shipping.

The new Merchant Shipping Bill 2024, which is also awaiting Parliament nod, will only deal with ship registration, survey and certification. The trade part will be covered in the Coastal Shipping Bill which deals with both coastal shipping and export-import trade, theofficialsaid.

Eric Garcetti calls for lower tariff, fair and equal trade with India

NEWDELHI: USAmbassadorto

India Eric Garcetti highlighted the potential of the US-India partnership, emphasising the need to lower tariffs and to increase trade and make it morefairandequal.

While addressing an event organised by the US-India Business Council (USIBC), Garcetti said, "We need, together, to lower tariffs, not to see them go up. We need,

together, to increase trade and to make it more fair and equal. We need to, together, make sure that there's training and talent that meets the needs of companies on both sides of theIndo-Pacific."

He further said, "We have to protect our trademarks and our intellectual property, and we have to make sure that transportation and infrastructure exists, for India to

reachitsgoalsmorequickly,thatisin theAmericaninterest,andviceversa, intheIndianinterestaswell.Soletus renewourcommitmenttobeingmore ambitious, to not settling for what is, and what is good, but reaching for whatcanbeandwhatwillbegreat."

The US Ambassador further praisedIndia'sworkforce,callingitas the "most extraordinary resources thathumanityhasonitsplanets."

m.v. “TORRANCE” V-02447E I.G.M. : 2395217 DTD. 18-12-2024

The above vessel has arrived at Mundra on 20-12-2024 as per following details.

For vessel ETA / IGM- ITEM/ Exchange Rate / Local charges & Detention Charges please contact our office.

Emirates Shipping Agencies (India) Pvt. Ltd

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 89809 97977 EXPORT related : hardik.jadeja@in.emiratesline.com

Tel. No. : +91-2836-239378 / 239379 - Mob. : +91 98980 76324

IGM Tracking : http://www.emiratesline.com : 8090/eadmins/igm_main.jsp.

The above vessel is arriving at MDPT (MUNDRA) with Import cargo from CAPE TOWN,COEGA,DURBAN,WALVIS BAY

Please note the item Nos. against the B/L Nos. for MDPT (MUNDRA) delivery.

2 MEDUEW181311

37 MEDUFI124837

27 MEDUFI150972

39 MEDUFI158421

26 MEDUFI168578

9 MEDUFI180508

23 MEDUJ5482115

32 MEDUPW988331

24 MEDUFI011653

35 MEDUFI124886 31 MEDUFI152903

30 MEDUFI161656

29 MEDUFI169907

36 MEDUFI180722

13 MEDUJ5483006

34 MEDUW1120668 15 MEDUW1122763 11 11024018

Consignees are requested to kindly note that the above item nos. are for the B/L Nos. arrived for MUNDRA delivery. Consignees are requested to collect Delivery Order for all imports delivered at MUNDRA from our Import Documentation Dept. at Office N307, 3rd Fl, New Port Users Bldg NO. 5-A-1 Navinal Island, Kutch - 370421on presentation of duly discharged Original Bill of Lading and payment of relevant charges.

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at MUNDRA

The containers meant for movement by road to inland destinations will be dispatched upon receipt of required documents from consignees/receivers and the consignees will be liable for payment of port storage charges in case of delay in submission of these documents. Our Surveyors are M/s. Zircon Marine Services Private Limited. and usual survey conditions will apply. Consignees are also requested to note that the carriers and their agents are not bound to send individual notification regarding the arrival of the vessel or the cargo.

In case of any query,kindly contact Import Customer Service - IN363-comm.mundra@msc.com

Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. (IVRS No.) 8169256872

You can also visit our website: msc.com/ind/help-centre/tools/import-general-manifest-information Invoices and Delivery order request must only be done in ODEX portal uploading all supporting documents

AGENCY (INDIA) PRIVATE LIMITED

China’s steel imports to India reached a record level

NEW DELHI: According to preliminarygovernmentdata,India’s imports of finished steel from China hit a record high in the first eight months of the fiscal year ending in March 2025, which heightened worries among domestic mills about low-costshipmentsfromChina.India, the world’s second-largest producer of crude steel, was a net importer during the period, and total finished steel imports reached an eight-year high. According to the data, India imported 6.5 million metric tons of completedsteel,a26.6%risefromthe previousyear.

According to the data, China supplied 1.96 million metric tons of steel to India between April and November, a 22.8% increase from the previous year. Stainless steel, hot-rolled coil, plates,

electrical sheets, pipes, bars, and rods, as well as galvanized plain or corrugated sheets, were among the grades that Beijing mostly exported. According to the data, Japanese finished steel imports more than doubled to 1.4 million metric tons between April and November, hitting atleastasix-yearrecord.Duringthat time, 79% of India’s total imports of finished steel came from China, Japan, and South Korea. During that time,themostimportedsteelproduct was hot-rolled coils, while the most imported non-flat product type was bars and rods. In order to decide whether to levy a safeguard duty, a temporary tax, New Delhi has startedaninvestigation.

Inthefiscalyearthatconcludedin March 2024, India became a net importer of steel, and since then,

imports have risen rapidly. As New Delhi joins an increasing number of nations considering actions to limit imports, the influx of low-cost Chinese steel has forced India’s smaller factories to reduce operations and think about laying off workers. India’s steel consumption hasremainedhighincontrasttoother major nations because of the country’s strong economic growth and the introduction of new infrastructure projects. According to thereport,finishedsteelexportsfrom April to November hit an eight-year low. The biggest export destination for India’s finished steel was Italy, however exports decreased 31.8% annually. According to the report, finished steel shipments to Belgium and Britain increased by 6.9% and 16%,respectively.

Forex reserves fall to $652.87 billion, down $1.98 billion

MUMBAI: India's foreign exchange reserves dipped by $1.98 billion to $652.87 billion as of December 13, according to data shared by the Reserve Bank of India(RBI)recently.

For the previous week,

India's foreign exchange reserves dropped by $3.23 billion during the week ending December 6, 2024, settlingat$654.86billion.

Meanwhile,goldreserveswereup by $1.12 billion, bringing the total to $68billion.

The Special Drawing Rights (SDRs) dipped by $35 million, now totalling $17.99 billion, while the reserve position in the International Monetary Fund (IMF) contracted by $27 million, standing at$42.40billion.

“MSC DANIT”

V-IS449A I. G. M. NO. 2395253 Dtd. 19-12-24

The above vessel has arrived on 20-12-2024 at MDPT (MUNDRA) with Import cargo from ABU DHABI, ALIAGA, ANTALYA, BARCELONA, DAMMAM, GEMLIK, HAMAD, IZMIR, JUBAIL, LOS ANGELES, MESAIEED, OAKLAND, PIRAEUS, SAMSUN, SEATTLE, TEKIRDAG (ASYAPORT), THESSALONIKI, VANCOUVER, YARIMCA.

Please note the item Nos. against the B/L Nos. for MDPT (MUNDRA) delivery

MUNDRA

MEDUAD636398 159 MEDUAD637222

105 MEDUHE031883

190 MEDUHE049778

213 MEDUHM820054

109 MEDUHM936413

161 MEDUHM939839

110 MEDUHM940449

220 MEDUHM981021

193 MEDUIH741288

89 KNY2410024211

83 MEDUIH744100

80 KNY2410025022

194 MEDUIL203524

126 MEDUIL207285

224 6402401819640100

140 6402401854640100

121 KNY2409021368

112 MEDUSB184886

114 MEDUSB185578

122 MEDUTS909983

50 MEDUVS098964

19 MEDUAD635044

143 MEDUAD635291

158 MEDUAD635572

141 MEDUAD635838

6 MEDUAD636208

130 MEDUAD636281

217 MEDUAD636570

3 MEDUAD637230

8 MEDUAD638246

46 MEDUAT335729

37 KNY2409023503

47 MEDUAT337451

48 GNW2402914EXY

176 12246

134 MEDUD8767623

102 MEDUDM941115

100 MEDUDM942535

101 MEDUDM942733

24 MEDUDM943178

198 MEDUDM943442

25 MEDUDM943525

103 MEDUDM944036

199 MEDUDM945876

219 MEDUDM947138

185 MEDUDO459470

135 MEDUE1320468

68 MEDUFC060417

63 MEDUFC066646

150 GMLMUN2403618EXY

171 MEDUFC072123

57 MEDUFC073543

60 MEDUFC075027

53 GNW2402975EXY

78 H701156327

28 KNY2409022999

IZM0151790 108 MEDUHE004914

173 MEDUHE048606 167 MEDUHE049885 162 MEDUHM919807 189 MEDUHM936678 160 MEDUHM939847 149 MEDUHM943005 106 MEDUHM989602 90 GNW2402935EXY

KNY2410025163

MEDURD742215

AUHMUN1224A368

KNY2409023139

KNY2409023614

489901520BCN

MEDUD8767946

MEDUDM941768 208 MEDUDM942568

MEDUDM942808

MEDUDM943467

MEDUDM943962

MEDUDM944382

MEDUDM946262 218 MEDUDM947146

KNY2410024214

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at MUNDRA .

In case of any query,kindly contact Import Customer Service - IN363-comm.mundra@msc.com

Get IGM No. / ITEM No. /CFS details on our 24 hrs computerized helpline No. (IVRS No.) 8169256872

You can also visit our website: msc.com/ind/help-centre/tools/import-general-manifest-information

Invoices and Delivery order request must only be done in ODEX portal uploading all supporting documents

As Agents :

MSC AGENCY (INDIA) PRIVATE LIMITED

Office N307, 3rd Fl, New Port Users Bldg NO. 5-A-1 Navinal Island, Kutch, Mundra - 370421, (INDIA) Tel. : +91 2838615501 • Telefax : +91 2838271003

email : IN363-comm.mundra@msc.com • Website : www.msc.com Corporate Identity Number : U63090MH2001PTC133288

SeaLead launches DUKE Service, Connecting Pakistan with the Middle East and East Africa

SINGAPORE: SeaLead, a fast-growing Global Shipping Line, announced the launch of its new Dubai, Karachi to East Africa (DUKE) service, a Direct Liner Service connecting Pakistan with the Middle East and East Africa. This service expands SeaLead's presence in Pakistan, linking it to the Middle East through Jebel Ali, a key transhipment hub, and further strengthens Pakistan’s connectivity to East Africa via the MiddleEast,therebyimprovingexportopportunities.

TheDUKEserviceoffersaportrotationthatincludes stops at Karachi, Jebel Ali, Mombasa, and back to Karachi. The inaugural vessel is set to depart from Karachion24December2024.

The launch of the DUKE service is especially significant considering the strong trade relationship between Pakistan and the UAE. According to Arab News, the UAE is Pakistan's third-largest trading partner after China and the United States, with bilateral trade volume reaching $5.6 billion during the fiscal year 2023–24. Of this, Pakistani exports to the UAE amounted to $1.59 billion, while imports stood at $4billion.WithatargettoincreaseexportstotheUAEto $2 billion by the end of the next fiscal year, the DUKE service offers a reliable platform to support these growingtradevolumes.

Similarly, the country is looking to strengthen its trade ties with Africa, a region with immense growth potential. According to The News International, Pakistan’sexportstothecontinentstandatjust$2billion, with trade activities in only 20 of Africa’s 54 countries. ThisisdespitethepositiveprojectionsoftheWorldBank

thattheGDPofAfricacouldreach$26trillionby2050.

The DUKE service positions SeaLead as an enabler of these trade objectives, offering efficient and reliable links between the said regions, and unlocking opportunities for businesses to access these dynamic markets.

Shiva Mahadevan, Regional Managing Director, South Asia, Middle East and Africa, SeaLead, commented:“TheDUKEserviceisastepforwardinour strategytoexpandintoPakistanwhilestrengtheningour presence in the Middle East and East Africa. With superior transits and strategic connectivity, this service delivers exceptional value to our customers, helpingthemaccessnewmarkets.”

Doreen Yeo, Global Trade Director, SeaLead, highlighted: “The DUKE service aligns perfectly with Pakistan’svisiontoboostexportstotheMiddleEastand Africa. We are proud to play a role in facilitating this growthandconnectingbusinessesacrosscontinents.”

TheDUKEservicefurthercementsSeaLead'sintent to develop regional trade and present new opportunities forbusinesseswithintheMiddleEast,andEastAfrica.

Allcargo Gati boosts MSME Fabric Cluster in Chickpet with Seamless Logistics Solutions

MUMBAI: Allcargo Gati Limited (formerly Gati), One of India’s leading Express Distribution and Supply Chain Management company, is playing a pivotal role in empowering the vibrant MSME fabric cluster of Chickpet, Karnataka. Known for its rich heritage in textiles, Chickpet serves as a hub for apparel wear catering to markets across India.

In the span of seven years since commencing operations in 2017, Allcargo Gati has established itself as the trusted logistics partner for over 1,200 out of the 2000 manufacturers comprising of the Chickpet cluster. The cluster handles an average tonnage of 12-15 tonnes per day, and processes over 5,000 eDockets monthly.SupportedbytheTradeAssociations,AllcargoGati has transitioned to a fully paperless system and has been leveraging its eDocket service to ensure seamless and efficientlogisticssolutionsforitscustomers.

Commenting on this achievement, Mr. Ketan Kulkarni, Managing Director Gati Express and Supply Chain Limited, (GESCPL) said, “The Chickpet cluster is a testament to the resilience and entrepreneurial spirit ofMSMEs.AtAllcargoGati,wetakepride inofferingtailoredlogisticssolutionsthat meet the unique needs of this cluster. By ensuring efficient connectivity across India,wearenotjustfacilitatingbusiness growth but also contributing to the larger visionofanAtmanirbharBharat.”

The Chickpet cluster members associated with Allcargo Gati primarily target 30% of North 20% of West , and 50% of East markets of India. While presence of major organized players like Allcargo Gati has significantly enhanced customer confidence in reliable and efficient logistics solutions in the Southern markets, which was traditionally served by local players. Known for their quick turnaround times and seamless operations, Allcargo Gati continues to strengthen its role in the Chickpet cluster, meeting the growingdemandfordependablesupplychainservices.

Adding to this, Mr. Uday Sharma, Chief Commercial Ofcer of Allcargo Gati, stated,“Ourfocushasalwaysbeenondeliveringvalue to our customers through speed, reliability, and innovative digital solutions. Chickpet, with its rich history as one of Bengaluru's oldest areas and a hub for wholesale and retail cloth shops, has long been a vibrant centre for commerce. The quick turnaround time and robust operations we maintain here underscore our commitment to supportingMSMEsinscalingnewheights.”

Allcargo Gati’s facilities are equipped to handle all types of packages, supported by Logistics parks that feature hand pallet trucks for enhanced efficiency. The Company has a dedicated fleet of vehicles for the transportation of goods, ensuring reliable and timely delivery. In addition, the company offers track and trace facilities to deliver superior operational efficiency and improved inventory management.

Mr. Shiva Mahadevan Ms. Doreen Yeo