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Adani Ports secures LoI for development of berth at Deendayal Port
AHMEDABAD: Adani Ports and Special Economic Zone(APSEZ)announcedreceivingaletterofintent(LoI) for the development, operation, and maintenance of Berth No. 13 at Deendayal Port. The LoI, awarded through a competitive bidding process, grants APSEZ a 30-year concessionperiod.
The company will operate the berth under a DBFOT (design, build, finance, operate, and transfer) model for multipurpose clean cargo, including container cargo. Berth No. 13, measuring 300 meters in length, offers an annual capacity of 5.7 MMT and is expected to be commissionedduringFY2026-27.
APSEZ stated that the concession agreement must
NICDC Logistics Data Services Ltd. and Gujarat Infrastructure Development Board sign MoU to enhance Logistics in Gujarat
MoU to digi ze logis cs landscape leveraging Unified Logis cs Interface Pla orm
NEW DELHI: National Industrial Corridor Development Corporation Limited (NICDC) Logistics Data Services Limited (NLDS) and Gujarat Infrastructure Development Board (GIDB) signed a Memorandum of Understanding (MoU) to digitize the logistics landscape in Gujarat by leveraging UnifiedLogisticsInterfacePlatform(ULIP). Cont’d. Pg. 10
be signed within 30 days of the LoI issuance by the Deendayal Port Authority. Adani Ports & Special Economic Zone specialises in the development, operations, and maintenance of port infrastructure, with linked multi-product Special Economic Zones (SEZ) and related infrastructure contiguous to the port at Mundra.
In financial performance, APSEZ reported a 76.2 percent surge in consolidated net profit, reaching Rs. 2,039.66 crore in Q4 FY24, compared to Rs. 1,157.55 crore in the same period the previous year. Revenue from operationsincreasedby18.97percent,totalingRs.6,896.50 croreinQ4FY24,upfromRs.5,796.85croreinQ4FY23.
Sarbananda Sonowal receives First Mother Ship at Vizhinjam - India’s first deep water Container Transhipment Port
THIRUVANANTHAPURAM: The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal received the first Mother Ship ‘MV San Fernando’ marking the beginning of operation at India’s First deep water Containertranshipmentportin Vizhinjam,Kerala.
The ship, with a capacity upto 9000 TEUs, docks at India’s first automated port which is equipped with state of the art that offers large scale automation for quick turnaround of vessels including capacity to handle Megamax Containerships. Cont’d. Pg. 8
Sarbananda Sonowal receives First Mother Ship at VizhinjamIndia’s first deep water Container Transhipment Port
• Docking of MV San Fernando ship, with a capacity of 9000 TEUs marks India’s foray into Next Gen World Class Port Infrastructure: Shri Sonowal
• “Beginning of a new era in the ports sector of the country as Vizhinjam opens up huge opportunity as envisioned by PM Narendra Modi”
• Fulfils the vision of ‘Make in India,’ the Vizhimjam port puts into action the PM Gati Shakti National Logistics Policy as well as Maritime Amrit Kaal Vision 2047: Shri Sonowal
Cont’d.
from Pg. 4
The Chief Minister of Kerala, Shri Pinari Vijayan wasalsopresentontheoccasion.
Speaking on the occasion, Shri Sonowal said, “Today is a historic day for the maritime sector of India as the maiden mothership docks at Vizhinjam, India’s first truly deep water International Container Transhipment terminal. This is the testament of the vision of ‘Make in India’ where a PPP collaboration amongGovt.ofKerala,Govt.ofIndiaaswellastheAdani Port SEZ has created a wonderful asset for growth of India’s maritime sector. Under the visionary leadership of Prime Minister Shri Narendra Modi ji, India is equipping and enabling entrepreneurial ventures and collaborating as and when required to build capacity for the cause of nation building. This wonderful achievement marks the beginning of a new era in the ports sector of the country. This is a big step towards realisation of the vision of PM Narendra Modi ji of creating world class port infrastructure in the country. In the same spirit of nation building, our ministry, under the visionary guidance of PM Narendra Modi ji, is working towards execution of Mega Port Projects including All Weather Deep Draft Port at Vadhavan in Maharashtra and International Container Transhipment Terminal (ICTT) at Galathea Bay in a missionmode.”
Vizhinjam Port is a strategic maritime project near Thiruvananthapuram in Kerala. This is the first Greenfield port project in India, initiated by a state Government with an investment exceeding Rs. 18,000 crores. Developed under the Public Private Partnership (PPP) mode, it stands as one of the largest initiatives in the country's port sector. Vizhinjam's strategic location near international shipping routes significantly reduces transit times for vessels, making it a pivotal point for maritime trade. As one of India's few natural deep-water ports, it can efficiently accommodate large cargo and container ships. The development of the Vizhinjam International Seaport is poised to boost Kerala's economic growth by creating jobs, enhancing trade, and attracting investments. Ongoing infrastructure projects aim to equip the port with state-of-the-art facilities, including modern container terminals, warehouses, and logistics parks. Vizhinjam is set to become a key player in regional trade, potentially serving as a gateway for commerce between Southeast Asia,theMiddleEast,andAfrica.
Speaking further, Shri Sonowal added, “Under the dynamic leadership of Prime Minister Shri Narendra Modiji, India has fast tracked development of ports sector in the country, as we aim to become top maritime global power in the years to come. Today, with the
operationalisation of Vizhinjam port, India is poised to reap opportunity it creates in the region, and bringing healthy competition with Colombo and Singapore transhipment hubs. The Government remains committed to enable and equip India’s maritime sector as projects worth more than Rs. 24,000 crores are being implemented in Kerala under the Sagarmala projectthe flagship programme of the Ministry of Ports, Shipping & Waterways. With dynamic global scenario impacting the maritime sector, this port offers a viable alternative and an option to major shipping lines to mitigatethedisruptionsintheglobalsupplychain.”
Vizhinjam, India’s First Transshipment Port, receives its First Container ship
The strategic Port is posi oned to emerge as a cri cal player in the interna onal trade corridors
THIRUVANANTHAPURAM:
Adani Ports & SEZ announced the arrival of the first mother ship at its Vizhinjam Port. This is a milestone event markingIndia’sentry into the global transshipment and ushering in a new era in India’s maritime history, positioning Vizhinjam as a critical player in the international trade routes.
The event was inaugurated by the Chief Minister of Kerala, Shri Pinarayi Vijayan, and the gathering was presided over by Shri V. N. Vasavan, the Minister for Ports, Kerala. Shri Sarbananda Sonowal, the Union Minister for Ports, Shipping, and Waterways, wastheChiefGuest.
This also marks the debut of India’s first automated port with state-of-the-art infrastructure and facilities, capable of handling large ships, with its modern container handling equipment and world-class automation and IT systems. San Fernando, the 300-meter-long container vessel operated by Maersk with a capacity of 8,000-9,000 TEUs (twenty-foot equivalent units), will be availing the services at the port to offload about 2,000 containers and for 400 container movementswithinthevessel.
Highlighting Vizhinjam’s significance, KaranAdani, Managing Director of Adani Ports and SEZ Limited (APSEZ) said, “San Fernando – now berthed at our harbour is a symbol of a new, glorious achievement in Indian maritime history. It is a messenger that will tell the world that India’s first transshipment terminal and the largest deepwater port has begun commercial operations”. Talking about the port’s state-of-art infrastructure he added, “No other port in India –including our own highly advanced Mundra Port –has these technologies. What we have already installed
here is South Asia’s most advanced container handling technology. And once we complete the automation and the Vessel Traffic Management System, Vizhinjam will be in a class of its own as one of the most technologically sophisticated transshipmentportsintheworld.”
Currently, 25% of India’s container traffic is transshipped en route to the destination. Until now, despite India’s rising trade with the world, the country did not have a dedicated transshipment port, resulting in three-fourths or 75% of India’s transshipped cargo being handled by ports outsideIndia.
Vizhinjam, will not only facilitate the movement of transshipment traffic into India but the strategically locatedportwillalsoplayapivotalroleinhandlingtraffic along major routes connecting India, such as traffic between the US, Europe Africa, and the Indian subcontinent as well as US, Europe, Africa and the Far East, and thus playing a critical role in the internationaltraderoutes.
AboutVizhingamPortProject:
VizhinjamInternationalSeaportinKeralaisacritical economic infrastructure project promoted by the Government of Kerala in a Public Private Partnership (PPP) mode. It is the largest private sector investment inKerala.
After winning the bid, Adani Ports and Logistics formed a Special Purpose Vehicle (SPV), Adani Vizhinjam Port Private Limited (AVPPL), to develop the project. AVPPL entered into a concession agreementwiththeDepartmentofPorts,Governmentof Kerala, on 17 August 2015 for the development and operation of Vizhinjam International Seaport. Overcoming multiple challenges, the port is now in the advancedstagesofcompetition.
NICDC Logistics Data Services Ltd. and Gujarat Infrastructure Development Board sign MoU to enhance Logistics in Gujarat
MoU to digi ze logis cs landscape leveraging Unified Logis cs Interface Pla orm
Cont’d. from Pg. 4
The MoU was signed by CEO & MD, NICDC, and Chairman, NLDS, Shri Rajat Kumar Saini and CEO, GIDB, ShriBanchhaNidhiPani.
This collaboration is expected to bring visibility to streamline logistics operations, foster greater coordination among state departments, and enhance decision-making processesthroughreal-timedatainsights.
Central to this partnership is the development of the GujaratULIPDashboardbyNLDS.Designedtooperateon a Hub-spoke model, the dashboard will seamlessly integrate with various state departments, ensuring a continuous flow of information. It will provide real-time visibility into key logistics parameters such as shipment tracking, vehicle utilization, infrastructure availability, and transit times etc.
The comprehensive tool will empower stakeholders across the government and private sectors to efficiently monitor and manage logistics operations throughout thestate.
The association underscores NLDS's commitment to
leverage technological advancements and innovation to drive progress in the logistics sector. Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Shri Rajesh Kumar Singh, congratulating GIDB and NLDS, expressed that this collaboration is a major milestone in Government of India’s commitment to digital transformation under PM Gati Shakti.
ULIP is a digital gateway that allows industry players to access logistics-related datasets from various Government systems through API-based integration. Currently, the platform integrates with 37 systems from 10 ministries via 118 APIs, covering over 1800 data fields. Private sector participation in ULIP has been instrumental in amplifying its impact, with over 950 companies registered on the ULIP portal (www.goulip.in). Additionally, these companies have developed over 90 applications, leading to more than 42 crore API transactions. Beyond private players, ULIP is amplifying the effectiveness of Government decision-making by delivering synthesized data to different Ministries and Departments like Coal, Food Corporation of India (FCI) and States.
Mr. KaranAdani
SHIPPING MOVEMENTS AT GUJARAT PORTS DEENDAYAL PORT
VESSELS IN PORT & DUE FOR EXPORT
Cargo Steamer's Agent's ETD
Jetty Name Name
CJ-I Doris Arnav Shpg. 18/07
CJ-II Della Synergy Seaport 19/07
CJ-III Haj Abdallah T DBC 18/07
CJ-IV Taokas Wisdom Synergy Seaport 16/07
CJ-V African Piper Synergy Seaport 20/07
CJ-VI Yin Xing Hu Dariya Shpg. 17/07
CJ-VI Wu Yang Glory Dariya Shpg. 16/07
CJ-VIII VACANT
CJ-IX Billy Jim Interocean 17/07
CJ-X Lagavulin
CJ-XI VACANT
CJ-XII SSF Dream ULSSL 16/07
CJ-XIII African Bari Bird Aditya Marine 16/07
CJ-XIV Propel Success ACT Infra 17/07
CJ-XV Ageri Cross Trade 18/07
CJ-XVA VACANT
CJ-XVI Hampton Ocean Shantilal Shpg. 17/07
TUNA VESSEL'S NAME AGENT'S NAME ETD Maroulio S Interocean 16/07
OIL JETTY VESSEL'S NAME AGENT'S NAME ETD
OJ-I Bogazici
OJ-II Antares JMBaxi 16/07
OJ-III Yun Ding 19
OJ-IV Southern Shark GAC Shpg. 16/07
OJ-V Fulda Scorpio Shpg. 16/07
OJ-VI VACANT
OJ-VII Maersk Belfast Interocean 16/07
Source Blessing 09/07 Jebel Ali
SCI Mumbai 10/07 Jebel Ali
TCI Express 10/07 Manglore/ Cochin/Tuticorin
Patriot 10/07
Mercury 10/07 Sudan
CMB Jordaens 10/07 China
TCI Anand 11/07 Manglore/ Cochin/Tuticorin
Doctor O 14/07 Hodeidah
Fuji Harmony 13/07 Korea
Gramba Synergy Seaport 11/07
Hai Phoung 87 Chowgule S. 13/07
Aruna Eagle Aditya Marine 13/07 Ram Commander Mystic Shpg. 12/07
CJ-XIII
CJ-XV Ageri Cross
16/07 AL Mothanna Malara Shpg. Dji Bouti
Stream Aruna Eagle Aditya
Stream Common Venture BS Shpg. Cotonou
CJ-II Della Synergy Seaport Nacala
VESSELS IN PORT & DUE FOR IMPORT DISCHARGE
GENERAL CARGO VESSELS
16/07 Aeriko Dariya Shpg. Paradip 60,500 T. Iron Ore Pellets In Bulk
CJ-V African Piper Synergy Seaport Uruguay 32,139 CBM Pine Logs
Stream African Raptor Dariya Shpg. Indonesia
Stream Athos Arnav Shpg. USA
Coal In Bulk
/ 8,100 T. SSS/HMC INIXY1240700029
CJ-IX Billy Jim Interocean San Lorenzo 75,100 T. Sugar Bulk 2024061362
Stream Cariboo Synergy Seaport New Zealand 38,000 CBM Pine Logs INIXY1240700090
22/07 Flag Seaman Taurus USA 1,22,180 T. US Steam Coal In Bulk
Stream Gramba Synergy Seaport New Zealand 43,055 CBM Pine Logs 2024061361
Stream Hai Phoung 87 Chowgule S. Indonesia 5,051 T. Wood Pulp 2024061329
15/07 Jal Kamal Dariya Shpg. Indonesia 35,800 T. Coal In Bulk
Stream Jin Ning 16 Sea Link 22,000 T. MOP In Bulk INIXY124070103
15/07 Linda Hope Taurus USA 1,20,900 T. US Steam Coal In Bulk
Tuna Maroulio S Interocean San Lorenzo 65,772 T. Sugar In Bulk INIXY124070023
Stream Martin Merchant Shpg. 55,000 T. Petcoke In Bulk
Stream Oriental Express Dariya Shpg. Australia 81,815 T Steam Non Coking Coal In Bulk
Stream Ram Commander Mystic Shpg. China 17 Nos Wind Mill Blades/ INIXY124070006 Accessories/1 SOC Container (216 PKGS-1046 T)
Stream Sofia K Synergy Seaport Paramaribo 15,392 CBM T. Logs
CJ-IV Taokas Wisdom Synergy Seaport Surinam 15,252 CBM T. Logs
CJ-VI Wu Yang Glory Dariya Shpg. Russia 73,269 T. Russian Coal In Bulk
CJ-VI Yin Xing Hu Dariya Shpg. Indonesia
T. Metcoke In Bulk
LIQUID CARGO VESSELS
Stream Ardmore Cherokee JMBaxi
Stream Canopus JMBaxi
Stream CL Huaiyang Interocean Argentina
OJ-V Fulda Scorpio Shpg.
Phos Acid 15/07 Furano Galaxy GAC Shpg. Malaysia
Stream Forshun Samudra Kuwait
16/07 Hanyu Azalea Seaport
18/07 Lavender Ray Samudra
Stream Penna JMBaxi
Stream Raon Teresa Samudra Al Jubail
Stream Risha Samudra
Oil 2024071009
2024061372
INIXY124070070
INIXY124070054
In Bulk INIXY124070050
In Bulk INIXY124070080
Chem In Bulk INIXY124070112
2024061318
INIXY124070105 18/07 Seapromise Interocean San Lorenzo
Gertrude
Stream Silver Gewn Interocean
Stream Solar Roma JMBaxi
OJ-IV Southern Shark GAC Shpg. Singapore
INIXY124070002 15/07 Valiant Samudra China
DP WORLD MUNDRA
EAST JAPAN, CHINESE PORTS
15/07 —/— Maersk Frankfurt 428E 4072575 X-Press Feeder Sea Consortium Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 16/07
16/07 16/07-AM Beijing Bridge 2404 4072582 Global Feeder Sima Marine Port Kelang, Busan, Gwangyang (CSC) 17/07 18/07 18/07-AM Wan Hai 510 180E 4072604 Heung A / WHL Samsara / WHL Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Hongkong (C16) 19/07 24/07 24/07-AM Inter Sydney 160 4062630 Interworld Efficient Marine China (BMM) 25/07
TBA Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, Port Kelang (FEX1)
TBA Asyad Line Seabridge Marine Haiphong, Shekou, Laem Chabang, (FEX) TO LOAD FOR
16/07 16/07-AM Beijing Bridge 2404 4072582 Global Feeder Sima Marine
18/07 18/07-PM Kmarin Azur 427W 4062350 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)
21/07 21/07-AM Wadi Duka 2413 4062392 Asyad Line Seabridge Marine Karachi (REX)
FOR IMPORT DISCHARGE
15/07 Maersk Gibraltar (V-428W)4062362 Maersk India Jebel
16/07 Beijing Bridge (V-2404) 4072582 MBK Logistix Nhava Sheva 18/07 Kmarin Azur (V-427W) 4062350 Maersk India Nhava Sheva
ADANI MUNDRA CONTAINER TERMINAL (AMCT)
17/07-AM ASL Taipei 2430W 2402472 KMTC / Interasia KMTC (I) / Interasia
20/07 20/07-AM Hyundai Jakarta 130W 2402529 Hyundai Seabridge Maritime Port klang, Singapore, Shekou, Ningbo, Shangai, Kwangyang, Busan (FIM) 21/07 22/07 19/07-PM Xin Chang Shu 87E 2402525 Wan Hai Line Wan Hai Lines Port Kleang (W), Hong Kong, Qingdao, Kwangyang, Pusan, 23/07 24/07 23/07-PM Wan Hai 625 13E 2402639 COSCO/Evergreen COSCO / Evergreen Ningbo, Shekou, Singapore, Shanghai (PMX)
29/07 29/07-PM Zoi 115E 2402545
—/— MSC Laurence IS426A 2402465 MSC/SCI MSC Ag / J.M.Baxi Gioia Tauro, Feixstowe, Hamburg, Antwerp & Other Inland Destn.(HIMEXP) 16/07 In Port
Castellon (Spain), Geneo, Naples, Iskderon (INDME) 18/07 18/07 18/07-AM Haian East 24023M
FOR WEST ASIA GULF PORT
TO LOAD FOR EAST, SOUTH & WEST AFRICAN PORTS
PIPAVAV PORT
19/07 18/07-1800 Maersk Sentosa 428W 24229 Maersk Line Maersk India Algeciras
26/07 25/07-1800 W Kithiria 429W 24240 (MECL)
15/07 15/07-0600 Xin Hui Zhou 189 24233 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 16/07 Nansha, Port Kelang (CI1)
15/07 15/07-1300 X-Press Antlia 24004E 24231 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 16/07 20/07 20/07-0500 MOL Presence 015E 24243 ONE ONE (India) (TIP)
17/07 17/07-1500 GSL Nicoletta 429E 24234 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 18/07 27/07 27/07-2000 CCNI Angol 430E 24241 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX)
Sinokor / Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan.
17/07 17/07-1300 Pusan 32E 24236 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 18/07 21/07 21/07-0400 Aka Bhum 022E 24242 Gold Star / RCL Star Shpg/RCL Ag. (CIXA)
24/07 24/07-0600 OOCL Hamburg 151E 24245
19/07 18/07-2100 One Arcadia 069E 24230 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 20/07 22/07 21/07-1900 One Theseus 088E 24241 HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3)
15/07-0600 Xin Hui Zhou 189 24233 COSCO COSCO Shpg. Karachi, Colombo (CI1)
15/07 15/07-1300 X-Press Antlia 24004E 24231 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.
17/07-1300 Pusan 32E 24236 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)
21/07 21/07-0400 Aka Bhum 022E 24242
19/07 18/07-1900 Mogral 0084 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, 20/07 Krishnapatanam, Cochin, Mundra. (CCG)
TO LOAD FOR US & CANADA WEST COAST
15/07 15/07-1300 X-Press Antlia 24004E 24231 X-Press Feeders Merchant Shpg Seattle, Vancouver, Long Beach, Los Angeles, New York, 16/07 20/07 20/07-0500
19/07 18/07-1800 Maersk Sentosa 428W 24229 Maersk Line Maersk Line
W Kithiria 429W 24240 Safmarine Maersk
SHIPPING MOVEMENTS AT ADANI HAZIRA PORT
India to develop World-Class Ports in Maharashtra, Andaman & Nicobar to boost Maritime Leadership : Sarbananda Sonowal
NEW DELHI : Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, announced ambitious plans for India’s maritime future, asserting that the country is on track to become a leading maritime nation under the dynamic leadership of Prime Minister Shri Narendra Modi
The Minister revealed plans to develop state-of-the-art ports in Maharashtra and the Andaman & Nicobar Islands, covering both the East and West coasts of India. These developments aim to provide global access and reinforce India’spositionintheinternationalmaritimearena.
Shri Sonowal emphasized the necessity of establishing world-class facilities to accommodate all types of vessels at Indian ports. “This is a good development for the country,” he stated, highlighting the strategic importance of enhancing portinfrastructure.
Govt pushes for PPP model to enhance Multi-Modal Logistics Parks
NEW DELHI : In a move to bolster the Country’s logistics infrastructure, the Government announced recently that it will actively promote the Public-Private Partnership (PPP) model on a project-specific Special Purpose Vehicle (SPV) basis to expand the Multi-Modal LogisticsParks(MMLPs)networkacrossthenation.
This initiative aims to streamline logistics, reduce costs, and position India as a competitive player in the globalmarket,supportingthecountry’sambitiousjourney towardsaUSD5trillioneconomy.
At an event organized by the Indian Chamber of Commerce (ICC), Sagar Kadu, Director of Logistics at the Ministry of Commerce & Industry, emphasized the transformative potential of the PPP model. He stated, “The PPP model is a game-changer for infrastructure, enhancing efficiency through collaboration and revenue sharing.
With MMLPs, we address industry demands and support our economic goals by integrating logistics and reducing indirect costs. This model promotes competitiveness and sustainability, ensuring reliable connectivity and advanced facilities. By consolidating services like cold storage, value addition, and customs, MMLPs pave the way for a streamlined, efficient logistics system.”
Karunakaran Sathianathan, Independent Director at National Highways Logistics Management Limited, Ministry of Road Transport and Highways, also spoke at the ICC event, highlighting the significance of MMLPs in reducing logistics costs and fostering private sector participation.
“The MMLP concept marks a pivotal step in reducing logistics costs by integrating transportation and providing efficient rail-road connectivity. Despite the high costs
associated with rail transport in India, MMLPs promise to enhance efficiency by consolidating land and streamlining regulatory approvals. The collaboration between the private sector and Government is crucial to overcoming challenges in land acquisition, rail connectivity, and customs approvals. With the right decisions, MMLPs can significantly lower logistics costs and attract investments in the manufacturing sector, positioning India as a competitive global player. The success of MMLPs hinges on robust policies and private sector expertise,” He noted. MMLPs is a key policy initiative of the Government of India, led by National Highways Logistics Management Limited under the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority ofIndia(NHAI).
This initiative aims to develop Multi-Modal Logistics Parks in a hub-and-spoke model to improve the country’s freight logistics sector by lowering overall freight costs and time, cutting warehousing costs, reducing vehicular pollution and congestion, and improving the tracking and traceability of consignments through infrastructural, procedural, and information technology interventions.
“The Government’s strategic push for the MMLP initiative underscores its commitment to developing world-class logistics infrastructure. The integration of roadandrailnetworks,coupledwithvalue-addedservices, is expected to not only boost domestic trade but also enhanceIndia’sexportcompetitiveness.
This comprehensive approach will address current logistical challenges, reduce indirect costs, and pave the way for a more efficient and sustainable logistics ecosystem in India,” said Debmalya Banerjee, Regional Director,ICC.
Upcoming Budget may launch Maritime Development Fund to promote Shipbuilding
NEW DELHI : The central government may soon launch a maritime development fund to support firms in buildingshipsandtheannouncementcouldbemadeinthe upcomingBudget2024,accordingtosources.
The Budget could also see the announcement of a green ship scheme under which the government plans to promote pollution-free hydrogen-based vessels on domesticwaterways,accordingtothereport.
As of today, India’s share in the global shipbuilding industry is hardly around 2 percent and each year the country spends over $70 billion on leasing.
However, shipbuilding requires a lot of money over a long period of time and the shipping ministry feels this fund could provide a start, according to the report, adding that the proposal has been sent to the FinanceMinistry.
In addition, the Centre is planning to replace oil-guzzling ships plying on the Indian rivers with clean vessels by providing incentives under its green ship scheme. A pilot project is underway and Cochin Shipyard has built some green ships. The Budget announcement couldseetheexpansionoftheproject.
PM interacts with Eminent Economists
NEW DELHI : The Prime Minister, Shri Narendra Modi recently interacted witheminenteconomistsatNITIAayog.
The Prime Minister posted on X : "Interacted with eminent economists and heard their insightful views on issues pertainingtofurtheringgrowth."
Piyush Goyal to visit Switzerland soon for $100-billion FDI pledge by EFTA
NEW DELHI : Commerce and Industry Minister ShriPiyushGoyal willvisitSwitzerlandtotakeforwarda$ 100 billion investment commitment for India made by the four-nation European Free Trade Association (EFTA) underabilateral FreeTradeAgreement(FTA).
In the FTA that India signed in March with EFTA –which apart from Switzerland includes Norway, Iceland, Liechtenstein – India secured the investment pledge from EFTA over next 15 years in return for tariff concessions to themembersofthegrouping.
These investments will come as foreign direct investment (FDI) and not portfolio investments that should generate 1 million direct jobs, Goyal said at the National Executive Committee meeting of FICCI. “I can withdrawconcessionsintheFTAifthiscommitmentisnot fulfilled.”
The fineprint of the FTA document shows that of the $ 100 billion investment, $ 50 billion will flow in the first 10 yearsand$50billioninanotherfiveyears.
“Excitement that I am finding in Liechtenstein, Norway, Switzerland and Iceland makes me believe that we can actually exceed that if we are more forthcoming about that. They will look for Indian partners and investors,”theMinistersaid.
So far the members of the grouping have collectively invested $ 10.7 billion in India of which $ 9.96 billion has come from Switzerland alone. Bilateral trade between India and EFTA stood at $ 23.9 billion last financial year. India’s exports were up 0.8% to $ 1.9 billion while imports were $ 22 billion up 31.7%. The source of imports from EFTAwasSwitzerlandat$21.2billionlastyear.
On India-UK FTA the minister said that initial comments made by the UK Government are very encouraging. The newly appointed UK Secretary of State for Business and Trade Jonathan Reynolds had met Goyal in February this year during his India visit when he was shadow trade Minister. “The Labour government is deeply committed (to FTA) as is the Modi Government,” theMinistersaid.
Goyal said that India will be the world’s third largest economy in the next three to four years Government is working to make Indian investment journey easy by working on reducing compliance burden and decriminalisethelaws.
Last year The Jan Vishwas Act amended 42 existing Acts administered by 19 ministries. Within these Acts that deal with different areas of business, 183 provisions have been changed to decriminalise offences that are minor, proceduralandtechnicalinnature.
The Government is working on another round of Jan Vishwas Bill but the progress is stuck because of lack of inputsfromtheindustryanddepartments.
“I am struggling to prepare Jan Vishwas 2. I am not getting enough ideas either from industry or in my many Ministerialconsultations,”Goyalsaid.Hesaidmoreneeds to be done on decriminalisation of laws and the industry should come forward and give a balanced view on what is necessary and how it will not compromise on health and safety. The Ministry also asked the industry to source inputs for their products for manufacturing and services if they are available locally. “To become self-reliant we need totakecareofotherstoo.”
Further talking about the country’s exports, Goyal said that the target of taking the goods and services exportstoUSD2trillionby2030is“double&achievable”.
The 13th Edition of The India Warehousing Show (IWS) Set to Transform the Logistics Industry
• InauguratedbyShriSurendraAhirwar,JointSecretaryLogis cs & Trade,Ministryof Commerce& Industry
• Joint Secretary, The Logis cs & Trade, Ministry of Commerce & Industry emphasized the transforma ve changes in India's logis cs sector such as the integra on of technology and humanskills,whichhassignificantlyenhancedefficiencyinthesupplychain
• 250+ExhibitorsShowcasedTechnologicalAdvancementsintheLogis cs&WarehousingSector
NEW DELHI : The India Warehousing Show (IWS) organized by RX India, is poised to make a significant impact in the warehousing sector with its 13th edition. The show was inaugurated by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry at Yashobhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi. IWS continues to be a cornerstone event for warehousing, material handling, logistics, automation, and supply chain professionals bringing the entireindustrytogetherunderoneroof.
The inauguration ceremony was graced by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry, Kamlesh Gosai, Executive Director /Gati Shakti (Traffic), Railway Board (Ministry of Railways), H. N. Aswath, Development Advisor, Ministry of Ports, Shipping and Waterways, SagarKadu, Director Logistics, Ministry of Commerce & Industry,GovernmentofIndia.
Speaking during the keynote address Shri Surendra Ahirwar,JointSecretaryLogistics&Trade,Ministryof Commerce & Industry emphasized the transformative changes in India's logistics sector, such as the integration of technology and human skills, which have significantly enhanced efficiency in the supply chain. He further added " Exhibition and Conferences like the India Warehousing Showarecrucialcatalystsforbrainstorming,ideation,and innovation.Wearewitnessingsignificantadvancementsin digitalization, infrastructure, and investments in the logistics sector every month. As we look towards 2047, our collectiveeffortsacrossgovernment,industry,andcitizens aim to establish India as a developed nation. The international exchange at India Warehousing Show fosters sharing of technology, knowledge, and best practices,drivingforwardourlogisticsindustry."
Speaking during the welcome address Mr. Umang Gupta, Country General Manager, RX India, appreciated the presence of Hon’ble Government dignitaries and industry leaders. He further added “Thewarehousing&logisticssector'sgrowingimportance to the national economy necessitates collaboration across
the economic value chain and a focus on technological advancements for sustained growth. Over the years, the India Warehousing Show has become the premier event uniting policymakers, technology providers, and infrastructure stakeholders. The 13th edition is dedicated to navigating the evolving policy and technology landscapes, connecting stakeholders crucial to the future of warehousing & logistics. We at RX India aim to connect all stakeholders vital to the next stage of warehousing & logistics"
The 13th edition of India Warehousing Show witnessed participation from 250 exhibitors.RX India aims to offer an immersive experience and platform where participants can witness the latest technological advancements and live product demonstrations from the biggest national and international companies providing solutions for storage, transportation, and logistics customers. The event also showcases a series of expertled panel discussions, industry talk shows and networking sessions with industry leaders specifically designed to provide valuable insights into the logistics, warehousing, andsupplychainindustries.
Attendees had an opportunity to engage in a series of discussionswithGovernment&Industrydecision-makers on topics such as the National Logistics Policy, optimizing logistical costs, AI and Industry 4.0 in supply chain efficiency, and sustainability in logistics. Notable sessions also include discussions on women in leadership roles within the logistical sector and the impact of e-commerce and Q-commerce on consumer experiences. The state-ofthe-art Yashobhoomi venue offered cutting-edge facilities and ample space, making it an ideal environment for industry professionals to connect, collaborate, and drive innovation.
The exhibition saw participation from leading players like DP World, APL ApolloSteel Pipes, Cushman &Wakefeild, Mitsubishi Electric, Nido Automation, Gandhi Automation, Action Construction Equipment, Avery Dennision and Gaurang Steel to nameafew.
PSA Group and Singapore mitigate impact of Global Supply Chain Disruptions
SINGAPORE
:
PSA Singapore (PSA), a major global transhipment hub, has significantly rampedupitscapabilitiestosupportincreased activity and mitigate the impact of global supplychaindisruptionssincethebeginningof 2024. This includes reinforcing its frontline capacity, commissioning new berths at Tuas Port, and reactivating berths and yard space at Keppel Terminal. As a result, the average wait time at the port in recent weeks has been reduced to two days or less. As the various disruptions, including the Red Sea situation are still ongoing, the supply chain demand and impact remain volatile. PSA remains committed to work alongside its customers during these uncertain times.
Since the start of 2024, PSA has faced strong berth demand as well as off-schedule vessel arrivals, resulting in high concentrations of vessels arriving during certain days of the week, causing a significant increase in waiting times despite maxing out all of PSA’s berths. Larger call sizes have required vessels to stay longer, withlengthiertranshipmentcontainerdwell.
This has arisen from a confluence of various factors, including the Red Sea situation (which has indirectly reduced overall global shipping capacity), upstream and downstream ports congestion, and port omissions by shipping lines to recover their schedules, giving rise to substantial changes in vessel arrival patterns and callsizes.
Mr Ong Kim Pong, Group CEO of PSA International said, “As the flagship project for the Group, PSA Singapore remains committed to meet the challenges of ongoing volatility and ensure the port’s development and handling capacity align with our customers' needs. The Red Sea crisis has significantly disrupted global shipping and trade and we anticipate this challenging situation to persist for a prolonged period, potentially extending port congestion from Asia toEurope.PSAisbuildingpartnershipswithlike-minded customers and stakeholders on a series of Node-toNetwork initiatives to better coordinate between upstream and downstream ports so as to uplift shipping schedulereliabilityandoverallnetworkefficiency.Atthe same time, we are also constantly on the lookout to expand our fabric of port networks and port ecosystems so as to grow our global presence in locations which can add value and enhance cargo flows. By leveraging our port facilities, supply chain capabilities and especially our people, we remain steadfast in enhancing collaborationwithourcustomerstoaddresstheirbespoke needsamidsttheever-changing global landscape.”
Singapore’s port has seen about 90% of container vessels arriving off-schedule, compared to an average of about 77% in 2023. In addition, vessel port stays at PSA have also increased by 22% compared to the same period last year. This is due to more containers being handledpervesselcallduetohigherdemandandcontainer re-handling,wheresomecontainersareunloadedfromthe vesselto make wayforothercontainersinconsiderationof port of discharge, weight and vessel stability. Unloaded containers are then loaded back to the vessel again. Container re-handlings on mega vessels berthed at PSA have increased by 8% in the first half of 2024, compared to the previous year. This is due to high vessel
utilisationcausedbytheRedSeasituationthatresultsin shipping lines leveraging more on PSA to optimise the stowage of containers on board their vessels, and to ensure safety at sea, especially now when most mega vessels are taking the longer route around the Cape of Good Hope. This in turn has led to extended vessel port stays and will affect the berthing time for incoming vessels,evenwhilePSAupkeepsitsproductivity.
Nevertheless, PSA’s proactive efforts and close communications with the shipping lines and the various stakeholders thus far have helped mitigate the impact of the disruptions to a large extent. The PSA Singapore Management team has been collaborating closely with our Unions and receiving strong support from the Maritime and Port Authority of Singapore and Ministry of Transport of Singapore, ensuring that the port ecosystemisworkingseamlessly.
PSA will continue its efforts to play a pivotal role in helping shipping lines navigate service disruptions and optimise their network configurations, which has helped alleviate berth waiting times and mitigated any other impact of the ongoing disruptions, including vessel call diversions from port congestions elsewhere in the region.
PSA moved 7% more Container volumes in the first halfof2024, comparedtothesameperiodlastyear.Amid this prolonged period of business unusual and market volatility,PSAremainscommittedtopursuinglong-term strategies. These include enhancing capacity and capabilitiesthroughautomationandsmarttechnologies.
In addition to the reactivation of some berths and yard space at Keppel Terminal, PSA’s Tuas Port currently operates nine berths and will add two more by the end of this year. Looking ahead, we plan to further expand Tuas Port and continue hiring frontline workers across all our terminals. In 2024 alone, PSA hired nearly 1,500 frontline workers to enhance our operational capabilitiesandcapacity.
Amidst the global supply chain disruptions, PSA has also been supporting beneficial cargo owners and logistics service providers with a series of value-added services which help to enhance supply chain visibility and expedite handling to mitigate the impact of delayed shipments. By leveraging port assets and supply chain capabilities, initiatives such as priority discharge, expedited delivery, fast connection management help thesupplychainstakeholderstotailorbespokesolutions tomeettheiruniquepainpoints.
Regardless of the challenges, PSA remains committed to collaborating with all stakeholders, including Government authorities, to enhance our standardsofserviceexcellence,reliability,andefficiency aswescaleupoperationsinthefuture.
