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Cont’d. from Pg. 4
Considering that the Indian Government and businessmen are very interested in developing their business activities with Russia, Commonwealth Independent States (CIS) and Iran through the North-South Corridor, the Islamic Republic of Iran Shipping Group has launched regular Container Shipping Lines from the Western Ports of India to the SouthernPortsofIran,thereportadded.
In the meantime, executive and marketing
measures have been taken to strengthen and develop cooperation with the Indian sides to transport the Country’s export and import goods to Russia and the CISmarkets.
Islamic Republic of Iran Shipping Group has taken effective steps in recent months to strengthen its shipping activity in the North-South corridor by managing the Russian port of Solyanka on the shores of the Caspian Sea as well as making huge investment in developingthisport.
HAMBURG: Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbedtoUSD14.7billion(EUR13.8billion).
“Thanks to higher freight rates, we have achieved an exceptionallystrongnine-monthresult.However,weare also seeing that the market environment has deteriorated further in the third quarter. This is evident, for example, in falling spot rates and rising inflationrelated unit costs,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG.
The first nine months were significantly marked by disruptionsintheglobalsupplychains,whichresultedin longer turnaround times for ships and containers. Attheendofthethirdquarter,therewasweakerdemand forcontainertransportsandconsequentlyaslighteasing intheshortageofavailabletransportcapacities.
The transport volumes were on a par with the prioryear level, at 8,987 TTEU (9M 2021: 8,980 TTEU). Revenues increased to USD 28.4 billion (EUR 26.7 billion). This can mainly be attributed to a significant increase in the average freight rate, to 2,938 USD/ TEU (9M2021:1,818USD/TEU),andastrongerUSdollar.
Transport expenses climbed to USD 10.8 billion (EUR 10.1 billion). This was due in part to a significantly higher bunker consumption price, of USD 755 per tonne (9M 2021: USD 452 per tonne), and higher expenses for containerhandling.
Overall, the strong business performance in the first nine months was in line with the forecast adjusted on 28 July 2022. This also applies to the course of the fourth quarter to date. Thus, for the 2022 financial year, an EBITDA in the range of USD 19.5 to 21.5 billion (EUR 18.2 to 20.1 billion) and an EBIT in the range of USD 17.5 to 19.5 billion (EUR 16.3 to 18.2 billion) are still expected. However, this forecast remains subject to considerable uncertainty given Russia’s war of aggression on Ukraine, supply chain disruptions that have not yet been fully resolved, and the effects of the COVID-19pandemic.
“In the coming months, the strained situation in the global supply chains should continue to normalise. At the same time, our strong balance sheet will help us to stay on course even in difficult waters. We will stick to our strategic agenda while investing more in quality and
growth as well as in the further decarbonisation of our fleet. One very significant focus is investment in infrastructure, which we are using to further expand our terminalportfolio,”HabbenJansenadded.
In driving its Strategy 2023, Hapag-Lloyd has continuously expanded its involvement in the terminal sector, most recently through agreements on acquiring stakesintheterminalbusinessofChile-basedSMSAAM and the Italy-based Spinelli Group. In addition, Hapag-Lloyd has stakes in JadeWeserPort in Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, Terminal TC3 in Tangier, and Terminal 2 in Damietta,whichiscurrentlyunderconstruction.
• Global supply chain solu ons provider is ramping up its technology staff numbers
NEW DELHI: DP World is continuing its rapid growth in India’s technology market, with the launch of its latest innovation centre in Gurugram, which will soon host 240 staff workingoncriticalsolutionsforglobalsupplychains.
DP World’s presence has grown rapidly to match its ambitions in the digital trade sphere. The company had just 50employeesinIndiaworkingontechnologysolutionsatthe beginning of 2021. This number has already grown to more than 450 with the opening of three centres this year. As this exponential growth continues, employee headcount is expectedtoreachasmanyas700bythemiddleofnextyear.
The new centre, around 17-km southwest of the Indira GandhiInternationalAirport,willhousedevelopmentteams who will work on DP World’s latest cutting-edge trade and logistics solutions to revolutionise how trade flows through every link of the global supply chain, creating stability, security,andprofitabilityforcargoowners.
It is the latest commitment to technology by the global supply chain solutions provider, and a testament to India’s rapidlygrowingtechnology-focusedtalentpool.Theopening follows the successful launch of new technology centres in Hyderabad and Bangalore earlier this year, capitalising on thegrowthopportunitiesinIndia.
Thecountry’sdigitaleconomyissettoreach$1trillionby 2025, and its pool of technology professionals is growing rapidly. DP World will tap into this resource, nurturing the
brightest minds in India by allowing them to co-create solutions from the ground up and owning the software development process from the beginning to the end. The engineerswillgrowwhileworkingonexcitingtechnologies–such as Blockchain, Artificial Intelligence and Machine Learningtoautomatetradeflows.
Pradeep Desai, DP World’s Chief Technology Officer, said: “At DP World, we are focused on developing cuttingedge applications and solutions to solve real-world trade problems.Acrosstheindustriesinwhichweoperatein,trade is moving from analogue to embrace new digital solutions. Our teams will be able to build and trial new solutions – from conception to execution – helping to automate the flow of trade. We are investing heavily in end-to-end logistics, trade finance, e-commerce and market access, all for benefitting cargo owners. In addition, efficiencies can be achieved in supply chains by using IoT to run operations, digital twins to monitor activities and movement of cargo via alternate modes of transport using optimization techniques. These are just some examples of how technology is helping achieveDPWorld’svision.’’
DPWorldisleadingtheaccelerationofthistrend,helping driveefficiencyandtransparency.DPWorld’sgloballogistics solutions are opening up markets to traders, while financial solutions such as Trade Finance by DP World -- an online platform --connect lenders with borrowers around the world whofundtheirtradeambitions.
DUBAI: DP World has teamed up with Emirates Development Bank (EDB), signing a Memorandum of Understanding to provide small and medium-sized enterprises (SMEs) access to trade financing through DPWorld’stradefinanceplatform.
It includes a formal framework for EDB and DP World to provide SMEs with access to trade financing at competitive rates via DP World’s trade finance platform. Both parties will also focus on developing joint thought-leadership and outreach programmes and providing financial solutions to support SMEs’ business growth. Despite being a vital component of global trade, SMEs often encounter challenges with cross-border transactions, supply chain disruptions, and rising raw material costs. To help support the development of SMEs in the UAE, EDB provides financing and innovative banking solutions that ensure the sustainable growth of all partiesinvolvedinthedevelopmentprocess.
Through the digital platform, DP World facilitates relations between importers, exporters, and logistics companies with financial institutions from around the world. The platform provides borrowers numerous trade finance solutions while providing lenders access to data on cargo movements so they can support SMEs with confidence.
TheseservicesareprovidedbyDPWorldFinancialServices Limited, a company registered under the Dubai International Financial Centre (DIFC) and regulated by DubaiFinancialServicesAuthority(DFSA).
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World said: “We strive to provide new solutions for our customers that not only add value to the services we provide, but also help digitise the trade ecosystem, and enable smarter trade across all markets. We always aim to unlocknewgeographiestoenableglobaltradeandempower SMEs to reach their goals. This partnership will connect SMEsintheUAEwithawiderrangeoffinancingoptionsthat allowthemtotradeacrossborders.”
Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank said: “We are delighted to form a dynamic partnership with DP World to enable growth and economic diversification in the UAE, in line with the government’s national agenda. Over the years, EDB has expanded its SME support, enhanced their bankability, and provided them with easy and smooth access to growth finance. We look forward to creating new opportunities with DP World and working closely with them to support the growthofSMEsfromtheUAEandoverseas.”
• Sets up newest technology innova on centre in Gurugram following recent launches in Hyderabad and Bangalore
as it seeks innova ve solu ons to automate trade flows
JAIPUR: The Air Cargo Complex of Jaipur has announced that it will enable gem and jewellery exporters to claim duty drawback on single export shipments of goods valued at more than Rs 20 lakh, following requests from the Gem and Jewellery Export Promotion Council.
The GJEPC had sent a letter to the Jaipur Air Cargo Complex on October 12 to request it to increase the shipment value which is eligible for jewellery exporters to claim duty
drawback on, the GJEPC reported on its website. The Jaipur Air Cargo Complex recently issued a written clarification to state that jewellery exporters can now claim duty drawback on the export of goods valued at more than Rs 20 lakh in one single shipment, routed through cargo modeviaJaipurairport.
Prior to the clarification, numerous jewellery exporters were incurring extra costs by splitting their shipments into smaller shipments in order to be
eligible to claim duty drawback, according to the GJEPC. The organisation works to advocate for jewellery exporters and to promote the exportofjewelleryfromIndia.
“We are elated to receive a resolution on this issue as it had been a long-pending demand of exporters, who were previously forced to split up shipments to claim duty drawback and suffered extra costs as a result,” said GJEPC Chairman Vipul Shah.
Southampton, Helsingborg, Gothenburg & Red Sea,
Mediterranean, Gioia Tauro (D).
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
N1471 258273-02/11 MSC MSC Agency Barcelona, Valencia, Sines, Gioia Tauro (INDUS 2) Hind Terminals 21/1122/11 TBA 1500 MSC Lucy IX245A N1495 258554-07/11 16/1117/11 16/11 0900 MSC Bridgeport IU245A N1433 258031-31/10 MSC MSC Agency Haifa. (INDUS) Hind Terminals 18/1119/11 17/11 1500 MSC Gaia IS246A N1492 258547-07/11 MSC MSC Agency U.K., North Cont., Scandinavian, Red Sea & Med Ports. Hind Terminals 25/1126/11 24/11 1200 MSC Paris IS247A SCI CMT Barcelona,Felixstowe,Hamburg,Rotterdam,Gioia Tauro, 02/1203/12 TBATBA MSC Margrit IS248A
U. K. North Continent & Other Mediterranean Ports.
Himalaya Express 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 18/1119/11 TBATBA Kyoto Express 2344W N1461 258182-02/11 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul 25/1126/11 TBATBA Budapest Express 2345W N1507 258640-09/11 Hapag ISS Shpg. U.K., North Cont., Scandinavian, Red Sea, & Med.Ports. ULA CFS 02/1203/12 TBATBA Osaka Express 2346W COSCO COSCO (I) U.K., North Cont., Scandinavian, Red Sea & Med.Ports. 09/12 10/12 TBATBA Prague Express 2347W ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. (IOS) Gold Star Star Ship Hamburg, Antwerp, Tilbury. (IOS) Oceangate CFS
15/1116/11 15/11 0800 Dalian Express 2241W N1414 257870-28/10 Hapag ISS Shpg. Suez, Port Said, La Spezia, Genoa. Fos, Barcelona, ULA CFS 22/1123/11 TBATBA Berlin Express 2242W N1499 258485-07/11 CMA CGM CMA CGM Ag. Valencia, Cagliari 2. (IMEX Service) Dron-3 & Mul 29/1130/11 TBATBA Baltic Bridge OMXDHW1 COSCO COSCO Shpg.
(CISC Service) 18/1119/11 18/11
Coronel, Guayaquil, Cartagena, Hind Terminals 25/1126/11 25/11 0900 MSC Stella IP247A
Indial Indial Shpg. San Antonio,Arica,Buenaventura,Callao,La Guaira,Paita, 02/1203/12 02/12 0900 MSC Eugenia IP248A
Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel
Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports.
AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3 Safewater Safewater Line US East Coast, South & Central America 20/1121/11 19/11 2000 Maersk Seletar 245W N1383 257560-22/10 Maersk Line Maersk India Charleston, Norfolk, New York (Direct) Maersk CFS 27/1128/11 26/11 2000 Maersk Kinloss 246W N1436 257573-22/10 Safmarine Maersk India Charleston, Norfolk, New York, Savannah & Other Maersk CFS 04/1205/12 03/12 2000 Santa Rosa 247W
US East Coast Ports. Middle East Container Lines(MECL)
Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1
In Port 14/11 CMA CGM Orfeo OINCSW1 N1417 257880-28/10 CMA CGM CMA CGM Ag. New York, Norfolk, Charleston, Savannah Dron.-3 & Mul. 20/1121/11 TBATBA OOCL Washington 2146 N1462 258194-02/11 OOCL OOCL(I) & Other US East Coast Ports. Dronagiri-2 27/1128/11 TBATBA Exress Athens 2147 Hapag ISS Shpg. ULA CFS 05/1206/12 TBATBA One Altair 2148
ONE Line ONE (India) 12/1213/12 TBATBA CMA CGM Ivanhoe 2149
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 14/11 15/11 14/11 0700 MSC Charleston IV245A N1398 257639-25/10 MSC MSC Agency New York, Savannah, Norfolk (INDUSA) Hind Terminal 21/11 22/11 TBA 0900 MSC Azov IV246A N1496 258553-07/11 28/11 29/11 TBA 0900 MSC Regulus IV247A 16/1117/11 16/11 0900 MSC Bridgeport IU245A N1433 258031-31/10 MSC MSC Agency New York, Charleston, Huston, Freeport. Hind Terminals 23/1124/11 TBA 0900 MSC Susanna IU246A N1490 258549-07/11 Kotak Global Kotak Global US East, West & Gulf Coast (INDUS) 30/1101/12 TBA 0900 MSC Joanna IU247A 18/1119/11 17/11 1500 MSC Gaia IS246A N1492 258547-07/11 MSC MSC Agency Baltimore,Boston,Philadelphia,Miami,Arica,Buenaventura, Hind Terminals 25/1126/11 25/11 0900 MSC Stella IP247A Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 02/1203/12 02/12 0900 MSC Eugenia IP248A Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express) Globelink Globelink WW USA, East & West Coast. (Himalaya Express)
TO
ATLANTIC, PACIFIC,
from GTI In Port 14/11 Interasia Engage 001E N1456 258131-01/11 CU Lines Seahorse Ship Los Angeles. (RWA) 12/1113/11 12/11 1500 X-Press Kilimanjaro 22006E N1410 258711-27/10 TS Lines TS Lines (I) Vancouver Dronagiri-2 19/1120/11 TBATBA Kota Megah 0140E N1478 258321-04/11 (CWX) 13/1114/11 13/11 0800 X-Press Bardsey 0029E N1411 257817-27/10 ONE Line ONE (India) USA, East & West Coast, USA, South & Central America 20/1121/11 TBATBA Bangkok Bridge 0138E N1465 258204-02/11 & Caribbean Ports, Canada South & Central America. 27/1128/11 TBATBA Clemens Schulte 017E Globelink Globelink WW USA, Canada, Atlantic & Pacific, South American & 04/1205/12 TBATBA Seaspan Chiba 012E West Indies Ports. (TIP Service) 15/1116/11 15/11 0800 Dalian Express 2241W N1414 257870-28/10 CMA CGM CMA CGM Ag. New York, Norfolk, Savannah, Miami, Santos, Dron.-3 & Mul. 22/1123/11 TBATBA Berlin Express 2242W N1499 258485-07/11 ANL CMA CGM Ag. Itajai & other North American Ports. Dron.-3 & Mul. 29/1130/11 TBATBA Baltic Bridge OMXDHW1 COSCO COSCO Shpg. 06/1207/12
Unifeeder
Shpg. Jebel Ali, Bandar Abbas. (NMG) Emirates Emirates 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 19/1120/11
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 & DRT
17/11 1800 Irenes Resolve 2245W N1425 258014-31/10 ONE Line ONE (India) Colombo. 02/1203/12 TBATBA NYK Paula 2247W Hapag ISS Shpg. (AIM)
ULA CFS
14/11 15/11 14/11 0700 MSC Charleston IV245A N1398 257639-25/10 MSC MSC Agency Colombo. (INDUSA)
Hind Terminals
Hind Terminal 16/1117/11 16/11 0900 MSC Bridgeport IU245A N1433 258031-31/10 MSC MSC Agency Karachi. (INDUS)
In Port 14/11 X-Press Bardsey 0029E N1411 257817-27/10 ONE Line ONE (India) Colombo. 20/1121/11 TBATBA Bangkok Bridge 0138E N1465 258204-02/11 X-Press Feeders Sea Consortium Colombo. (TIP) Dronagiri 27/1128/11 TBATBA Clemens Schulte 017E CSC Seahorse Colombo. 14/1115/11 Zim Vietnam 03E N1422 257973-29/10 Evergreen Evergreen Shpg. Colombo
Balmer Law. CFS Dron. 21/1122/11 TBATBA Ever Uberty 179E N1453 258112-01/11 KMTC/Gold Star KMTC(I)/Star Ship Dronagiri-3/— 02/1203/12 TBATBA X-Press Odyssey 22007E X-Press Feeders SeaConsortium (CIX3 Service) 09/1210/12 TBATBA Zoi 20E EmiratesEmirates Dronagiri-2 17/1118/11 TBATBA Zim Charleston 9E N1454 258128-01/11 OOCL OOCL (I) Colombo. GDL 22/1123/11 TBATBA OOCL Genoa 060E N1475 258313-04/11 Star Line Asia Seahorse Yangoon. (CIX-3) Dronagiri-3 17/1118/11 TBATBA One Contribution 051E N1457 258173-01/11 ONE Line ONE (India) Colombo. 23/1124/11 TBATBA One Commitment 057E Yang Ming Yang Ming(I) Contl.War.Corpn. 01/1202/12 TBATBA MOL Creation 086E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 19/1120/11 TBATBA Kota Megah 0140E N1478 258321-04/11 ONE/KMTC ONE(I)/KMTC(I) Karachi, Colombo —/Dron-3 20/1121/11 TBATBA Pontresina 237E
X-Press Feeders SeaConsortium (CWX) 01/1203/12 TBATBA Dallian 2208E
TS Lines/PIL TS Lines(I)/PIL Mumbai Dronagiri-2/—
14/1115/11 14/11 1200 MSC Rowan IW245A N1460 258178-12/11 MSC MSC Agency Colombo (IAS SERVICE) Hind Terminal 14/1115/11 TBATBA COSCO Thailand 089E N1466 258195-02/11 COSCO COSCO Shpg. Karachi, Colombo. (CI 1) 17/1118/11 TBATBA BLPL Blessing 2214E N1455 257895-28/10 BLPL Transworld GLS Chittagon, Yangoon 17/1118/11 TBATBA Wan Hai 175 E092 N1441 258043-31/10 Wan Hai Wan Hai Lines Colombo. (CI2) Dron-1 & Mul CFS 25/1126/11 24/11 2300 Rena P 42W N1501 258491-07/11 ZIM ZIM Integrated Colombo. (ZMI) Oceangate CFS
16/1118/11 16/11 0700 KMTC Delhi 2206E N1388 257619-24/10 KMTC KMTC (India) Port Kelang(W), Hongkong, Qingdao, Kwangyang, Dronagiri-3 23/1125/11 TBATBA Henrika 2243E N1504 258586-08/11
Chabang. Dronagiri-3
TS Lines TS Lines (I) P.Kelang,Singapore,Tanjung Pelepas,Xiangang,Qingdao,Laem Chabang. Dronagiri-2
CU Lines Seahorse Ship Port Kelang, Singapore, Haiphong, Qingdao, Shanghai, Ningbo.
BSS Bhavani Shpg. Port Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS 17/1118/11 17/11 0300 CUL Jakarta 2243E N1448 258093-31/10 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang 24/1125/11
TBATBA CUL Yang Pu 2244E
CU Lines/KMTC Seahorse/KMTC(I) (VGX) 01/1202/12
TBATBA Apollon D 2245E Emirates Emirates Shpg. 20/11 21/11 TBATBA Stephanie C 2213E N1419 257878-28/10 Asyad Line Seabridge Singapore, Port Kelang. (IEX) 21/1122/11 TBATBA Haian Mind 22018E N1479 258344-04/11 Unifeeder Feedertech/TSA Singapore, Port Kelang Dronagiri 26/1127/11 TBATBA Hansa Rotenburg 917E X-Press Feeders SeaConsortium (SIS) 21/1122/11 TBATBA Ho Chi Minh Voyager 2208E N1452 258122-01/11 Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo (CSC) Dronagiri 27/1128/11 TBATBA GFS Pride 2213E N1481 258354-04/11 Heung A Line Sinokor India 03/1204/12 TBATBA GFS Priestige 2211E N1483 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.
In Port 14/11 Interasia Engage 001E N1456 258131-01/11 RCL/PIL RCL Ag./PIL Port Kelang, Haophong, Nansha, Shekou. 14/1115/11 Hong Chang Sheng 2242E N1381 257536-22/10 CU Lines Seahorse Ship (RWA) 20/1121/11 TBATBA Kota Gabung 097E N1498 258514-07/11 InterasiaInterasia 27/1128/11 TBATBA Calais Trader 021E Emirates Emirates Shpg.
In Port 14/11 X-Press Bardsey 0029E N1411 257817-27/10 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 20/1121/11 TBATBA Bangkok Bridge 0138E N1465 258204-02/11 X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang. (TIP Service) 27/1128/11 TBATBA Clemens Schulte 017E
Samudera Samudera Shpg. Port Kelang, Singapore, Laem Chabang. Dronagiri 04/1205/12 TBATBA Seaspan Chiba 012E
RCL RCL Ag. Port Kelang, Singapore, Laem Chabang. 14/1115/11 Zim Vietnam 03E N1422 257973-29/10 Evergreen Evergreen Shpg. Port Kelang, Singapore, Haipong, Qingdao, Shanghai, Balmer Law. CFS Dron. 21/1122/11 TBATBA Ever Uberty 179E N1453 258112-01/11 KMTC/Gold Star KMTC(I)/Star Ship Ningbo, Dai Chen Bay Dronagiri-3/— 02/1203/12 TBATBA X-Press Odyssey 22007E
X-Press Feeders Sea Consortium 09/1210/12 TBATBA Zoi 20E Emirates Emirates Shpg (CIX3 Service) Dronagiri-2 16/1217/12 TBATBA ESL Dachan Bay 2247E
Pendulum Exp. Aissa Maritime 25/1226/12 TBATBA KMTC Dubai 2207E Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 17/1118/11 TBATBA Zim Charleston 9E N1454 258128-01/11 OOCL/RCL OOCL(I)/RCL Ag Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo, GDL/Dron-1 22/1123/11 TBATBA OOCL Genoa 060E N1475 258313-04/11 APL CMA CGM Ag. Dron.-3 & Mul. 28/1129/11 TBATBA Aka Bhum 010E
ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 04/1205/12 TBATBA OOCL New York 090E 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 17/1118/11 16/11 2000 One Contribution 051E N1457 258173-01/11 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 23/1124/11 TBATBA One Commitment 057E Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 01/1202/12 TBATBA MOL Creation 086E
Hyundai HMM Shpg. Seabird CFS 18/1219/12 TBATBA Conti Contessa 112E Samudera Samudera Shpg. (PS3 Service) Dronagiri (PS3 Service) Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai Ocean Gate 18/1119/11 TBATBA ALS Apollo 246E N1384 257557-22/10 Maersk Line Maersk India Port Kelang, Tanjung Pelepas, Singapore, Hongkong, Maersk CFS 25/1126/11 TBATBA Shijing 247E N1434 257570-22/10 CMA CGM CMA CGM Ag. Kwangyang, Pusan, Hakata, Shanghai. Dron.-3 & Mul. 03/1204/12 TBATBA Grace Bridge 248E N1513 258367-04/11 (FM-3) 19/1120/11 TBATBA Kota Megah 0140E N1478 258321-04/11 ONE Line ONE (India) Port Kelang, Hongkong, Shanghai, Ningbo, Shekou 23/1124/11 TBATBA Pontresina 237E N1493 X-Press Feeders SeaConsortium (CWX) 01/1203/12 TBATBA Dallian 2208E KMTC KMTC (India) Dronagiri-3 04/1205/12 TBATBA X-Press Anglesey 22007E
TS Lines TS Lines (I) Dronagiri-2 11/1212/12 TBATBA TS Kelang 22008E RCL/PIL RCL Ag./PIL Mumbai (CWX) Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 22/1123/11 TBATBA Wan Hai 502 E107 N1446 258043-31/10 Wan Hai Wan Hai Lines Port Kelang, Singapore, Kaohsiung, Hongkong, Shekou. Dron-1 & Mul.CFS 28/1129/11 TBATBA Wan Hai 507 E207 N1506 258628-09/11 Evergreen Evergreen Shpg. BalmerLaw.CFSDron. 04/1206/12 TBATBA Ital Unica E155 Hapag/RCL ISS Shpg./RCL Ag. (CIX) ULA-CFS/ 13/1214/12 TBATBA Argolikos E146 TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2
14/1115/11 TBATBA COSCO Thailand 089E N1466 258195-02/11 COSCO COSCO Shpg. Shanghai, Laem Chabang. 21/1122/11 TBATBA Xin Hongkong 039E APL CMA CGM Ag. (CI 1) Dron.-3 & Mul 05/1206/12 TBATBA Seamax Westport 083E OOCL/RCL OOCL(I)/RCL Ag. GDL/— (CI 1) CU Lines Seahorse Ship Singapore,Shanghai,Ningbo,Shekou,Nansha,Port Kelang
17/1118/11 TBATBA Interasia Catalyst E019 N1428 258325-04/11 Sinokor Sinokor India Port Kelang, Shekou, Dalian, Shanghai, Ningbo, Seabird CFS 19/1120/11 TBATBA Big George E004 N1444 258039-31/10 Heung A Line Sinokor India Hongkong 29/1130/11 TBATBA Jan Ritscher E907 Wan Hai Wan Hai Lines (CI6) Dron-1 & Mul CFS 06/1207/12 TBATBA Marine Voyager E010 InterasiaInterasia Unifeeder Feedertech/TSA Dronagiri 17/1118/11
TBATBA Wan Hai 175 E092 N1441 258043-31/10 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 24/1125/11 TBATBA Box Endeavour E132 N1510 258625-09/11 COSCO COSCO Shpg. Ningbo, Shekou. 01/1202/12 TBATBA Anbien Bay E007 InterasiaInterasia (CI2) 08/1209/12
TBATBA Najade E031 Hyundai HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS (CI2)
CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai. 21/1122/11
TBATBA Hyundai Bangkok 0113E N1469 258261-03/11 Hyundai HMM Shpg. Port Kelang, Singapore, Laem Chabang, Caimep, Kaohsiung, Seabird CFS 24/1125/11
TBATBA Hyundai Singapore 0132E
Maersk Line Maersk India Pusan, Indonesia, Thailand, Vietnam & Other Indland Destination. Maersk CFS 03/1204/12
TBATBA HyundaiHongkong 0139E
TS Lines TS Lines (I) Singapore, Pusan, Shanghai,Ningbo, Shekou & South East Asia Dronagiri-2 07/1208/12
TBATBA Hyundai Busan 0141E
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. 29/1130/11
TBATBA CMA CGM Tosca 0FF7EE1 N1480 258331-04/11 CMA CGM CMA CGM Ag. Singapore, Qingdao, Shanghai, Ningbo, Shekou Dron-3 & Mul 12/1213/12
TBATBA CMA CGM Rabelais 0FF7IE1
RCL RCL Ag. (AS1)
In Port 14/11 X-Press Bardsey 0029E N1411 257817-27/10
Line ONE (India) Sydney, Melbourne, Fremantle, Adelaide, Brisbane, 20/1121/11 TBATBA Bangkok Bridge 0138E N1465 258204-02/11 Auckland, Lyttleton. 27/1128/11 TBATBA Clemens Schulte 017E Allcargo Allcargo Log. Melbourne, Sydney, Frementle, Brisbane, Auckland, Adelaide(LCL/FCL). Dron.2&Mul(W) 04/1205/12 TBATBA Seaspan Chiba 012E GLS Global Log. Australia & New Zealand Ports. (TIP Service) JWR
In Port 15/11 Wide Alpha 232E N1413 257850-27/10 TS Lines TS Lines (I) Australian Ports. (CISC Service) Dronagiri-2 17/1118/11
TBATBA Zim Charleston 9E N1454 258128-01/11 ANL CMA CGM Ag. Australia & New Zealand Ports. Dron.-3 & Mul. 22/1123/11 TBATBA OOCL Genoa 060E N1475 258313-04/11 RCL RCL Ag. Brisbane, Sydney, Melbourne. Dronagiri-1 28/1129/11 TBATBA Aka Bhum 010E OOCL OOCL (I) Sydney, Melbourne. GDL 04/1205/12
TBATBA OOCL New York 090E
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 22/1123/11 TBATBA Wan Hai 502 E107 N1446 258043-31/10 ANL CMA CGM Ag. Fremantle, Melbourne, Sydney, Adelaide, Brisbane, Dron.-3 & Mul. 28/1129/11 TBATBA Wan Hai 507 E207 N1506 258628-09/11 Auckland, Tauranga, Madang, Port Lae, Rabaul, Port Moresby 04/1206/12 TBATBA Ital Unica E155 TS Lines TS
Shpg. (AIM) ULA CFS 18/1119/11 18/11 0900 Cape Kortia IP246A N1491 258550-07/11 MSC MSC Agency Khoms, Tripoli, Misurata, Tunis Hind Terminals 25/1126/11 25/11 0900 MSC Stella IP247A CMA CGM CMA CGM Ag. Dakar, Nouakchott, Banjul, Conakry, Freetown,Monrovia, Sao Tome, Bata, Dron.-3 & Mul. 02/1203/12 02/12 0900 MSC Eugenia IP248A Guinea Bissau, Nouadhibou, Dakar, Abidjan, Tema, Malabo & Saotome. (EPIC 1 / IPAK) GlobelinkGlobelink West & South African Ports. Safewater Safewater Lines East, South & West African Ports (EPIC 1 / IPAK) 19/1120/11 19/11 0600 Maersk Brooklyn 246S N1385 257556-22/10 Maersk Line Maersk India Mombasa, Victoria. Maersk CFS 26/1127/11 26/11 0600 Lisa 247S N1435 257571-22/10 (MWE SERVICE) 03/1204/12 03/12 0600 Maersk Boston 248S N1514 258368-04/11
NEW DELHI: In line to the vision of Prime Minister and under the “PM Gati Shakti National Master Plan (NMP)” launched in Oct 2021 that brings 16 Union Ministries together, including Ministry of Road Transport and Highways (MoRTH) and aimed at improving multi-modal connectivity and last mile connectivity across the country, MoRTH is developing 35 MultiModalLogisticsParks(MMLPs),out of which 15 MMLPsare prioritized in the next three years. Further, in order to make the industry more efficient and resilient, National LogisticsPolicy(NLP)waslaunched in 2022 which focuses on these two key areas i.e., Effective integration between different agencies in the logistics ecosystem and deploying and embracing newer technologies tosmoothentheprocessflow.
Pioneering the pace of building a countrywide state-of-the-art multimodal infrastructure, MoRTH has made significant progress under this National Master Plan and embarking on the same MMLP Chennai at Mappedu being developed in 184.27 acres is 1st MMLP awarded to RelianceIndustriesLimitedforwhich Prime Minister laid the Foundation Stoneon26.05.2022.
MMLPs by MoRTH also lays the foundation of development of such large-scale state of the art infrastructure projects in Public Private Partnership (PPP) mode for which both the Central Government and State Government have come together and a Government SPV formed amongst National Highways Logistics Management Limited, Rail Vikas Nigam Limited, ChennaiPortAuthority&TamilNadu
Industrial Development Corporation. The estimated project cost is Rs 1424 Crore. Total concession period is 45 years. The SPV will provide 4 lane NH connectivity of 5.4 Km with estimated cost of Rs104Croreandnewrailsidingtothe MMLP site of length ~10.5 Km with estimatedcostofRs217Crore.
The MMLP will be developed in three phases with estimated developer investment of Rs 783 Crore Phase-1 development is targeted within 2 years i.e., by 2025 leading to commercial operations. MMLP at Chennaiwhichisstrategicallylocated at ~52 Km from Chennai Port, 80 Km from Ennore Port, 87 Km from Katupalli Airport will be a focal point of logistics in the southern region. Itisestimatedtoacaterto7.17Million MetricTonne(MMT)cargoinhorizon periodof45years.
Rajkumar Ranjan Singh has said that India has requested Bangladesh for a dedicated or special space at its Chittagong Port. India recently concluded trial runs for transshipment of cargo to connect northeastern states with the rest of the country using two major Bangladeshi ports – Chittagong and Mongla – via the India-Bangladesh ProtocolRoute.
“We are requesting Bangladesh for a special space at Chittagong Port that would help the North East immensely,” Singh, the Union minister of state for external affairs, saidatanannualsessionoftheIndian ChamberofCommerce.
He said that as the Chittagong Port is very congested, a special space will help smooth movement of goods.
India has also offered Bangladesh
theuseofIndianfacilitiesforexportto thirdcountries.
The Minister lauded Prime Minister Narendra Modi for putting the Northeastern region at the forefront of development, enhancing connectivity via rail, roads and waterways.
Singh also stated that India is poised to become the factory and office of the world and for that linkagesareveryimportant.
MANGALORE: New Mangalore Port Authority with ISO 9001 (for Quality Assurances) and 14001 (Environmental Compliances) accreditations, has now received ISO 45001: 2018 Certification for Occupational, Health and Safety ManagementSystems.
New Mangalore Port is the only
100% Solar powered sea Port administered by the Government of India and has received Greentech awards consistently for the past sevenyears.ThePortisalsoapioneer in digitization and automation among the12majorports.
NMPA, in spite of road/rail connectivity constraints, expects to
reach the target figure of 40 Million Tonnes of cargo handled in the fiscal year 2022-23. The operating ratio and operating margins of NMPA are compatiblewithmanyoftheprivately managed non-major ports. The present ISO 14001 accreditation by the IR Class is one more feather in thecapforNMPA.
MUMBAI: Container Corporation of India’s (CONCOR) consolidated net profit rose 19.6% to Rs 303.47 crore on 8.1% increase in net sales to Rs 1,986.34 croreinQ2FY23overQ2FY22.
Consoliated profit before tax stood at Rs 395.67 crore in quarter ended 30 September 2022, registering a growth of 18% from
Rs335.38crorepostedinQ2FY22.
Meanwhile, the company’s board declared 2nd interim dividend of Rs3perequityshareforfinancialyear 2022-23.Therecorddateforthesameis 23November2022andthedividendwill be paid on or after 30 November 2022. The payment of dividend will be made within30daysofitsdeclaration.
Container Corporation of India (CONCOR) operates 59 terminals
across the country along with two strategic tie-ups. The company’s primaryoperationistoprovideinland transportation of containers from portsusingrailwagons.Thecompany alsomanagescoldstoragechainsand warehouses. The GOI, through the Ministry of Railways, continues to hold a majority stake of 54.8% in the company at the end of September 2022.
07/1208/12 Taipan 136
Eukor Car Carr Parekh Marine Europe and Mediterranen Ports.
20/11 24/11 Adam Asnyk 60 1057785-04/11 Chipolbrok Samsara Houston. 01/1205/12 CP Moon 94 28/11 30/11 Alliance Fairfax 103 1057749-04/11 Hoegh Autoliners Merchant Shpg. Kingston, Veracruz, Freeport, Jacksonville. 31/1201/01 Hoegh Transporter 164
07/12 08/12 Taipan 136
Eukor Car Carr Parekh Marine USA South America & Caribbean Ports.
19/1121/11 Yangtze Venus 2206 257394-24/10 Mitsutor Peria. 20/1124/11 Adam Asnyk 60 1057785-04/11 Chipolbrok Samsara Port Kelang, Singapore, Shanghai. 28/1130/11 Alliance Fairfax 103 1057749-04/11 Hoegh Autoliners Merchant Shpg. Durban, Tema, Dakar
31/1201/01 Hoegh Transporter 164 01/1205/12 CP Moon 94 Chipolbrok Samsara Singapore, Batangas, Huang Pu, Shanghai.
07/12 08/12 Taipan 136
Eukor Car Carr Parekh Marine Singapore, Laem Chabang, Pyungtaek (Direct) & other Far East, African Ports
Gold Star Line Ltd.
“ASIATIC NEPTUNE” V-85W (ZIM VOY: AN1 85W) I.G.M. NO. 2326779 DTD. 11.11.2022
The above vessel is arriving at NHAVA SHEVA (BMCT) on 16/11/2022 with Import Cargo in containers.
GOSUDAR0001126
GOSUDAR0001149
GOSUDAR0001178
GOSUDAR0001179
GOSUDAR0001180
GOSUDAR0001182
Consignees are requested to obtain DELIVERY ORDERS on presentation of ORIGINAL BILLS of LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.
If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.
Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods. For detailed information on cargo availability please contact our office. For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444 Container Movement to : OCEAN GATE CONTAINER TERMINAL PVT. LTD. As Agents :
MUMBAIShri Sarbananda Sonowal has said that from waterways, to railways, to air transport, to highways, the Country is progressing in every field andinthenext25yearsIndiawillbea self-reliant country as envisioned by the Prime Minister. Speaking at the inauguration of seven community jetties and foundation stone of 8 more jetties in Varanasi, Uttar Pradesh he said the under the visionary leadership of Prime Minister Shri Narendra Modi, work is being done for development from Kashmir to Kanyakumari, Ladakh to Arunachal Pradesh under the policy of'EkBharat,ShreshthaBharat'.
Shri Sonowal said India is implementing policies that would enable creation of world-class infrastructure. He said Prime Minister emphasis on developing national waterways has unleashed strong economic multipliers encompassing logistics, trade, city infrastructure, water supplies and tourism is an exemplification of this vision.ShriSonowalsaidthePradhan Mantri Gati Shakti Summit 2022 will pave the way forward for enhanced and coordinated efforts towards comprehensive development of waterways led transport & logistics sector in the country. He added that active waterways, when used for regular logistics and passenger travel, necessarily creates landing and loading/unloading points on the banks of the rivers. The Minister said this makes large areas of the
hinterland accessible to the routes of trade and commerce, making goods from these areas part of the national and global supply chain network, opening up new markets for everyone—from farmers to craftspeopletofactories.
ShriSonowalsaidthatthefocuson "port-led development" is central to this vision to create seamless multimodal connectivity for movement of people and cargo, with focus on removing barriers to last mile connectivity,emblematicofthePrime Minister’s Atmanirbhar and EkBharat,ShreshthaBharat’vision.
Onthisoccasion, ChiefMinisterof Uttar Pradesh, Shri Yogi Adityanath said that not only will Uttar Pradesh benefit from the help of PM Gati Shakti Yojana, but the entire Country willdevelop.
He said many schemes have been implemented under the able leadershipofPrimeMinister,whichis realizing the dream of Ek Bharat Shreshtha. He thanked the Prime Minister that such a beautiful gift has been given to Varanasi. This will help in easing the traffic from Varanasi to otherplacesinthecountry.Itwillalso help exports of agricultural and other products from Uttar Pradesh, which is a landlocked state, to efficiently reach sea ports through the inland waterways,ShriAdityanathadded.
Shri Sarbananda Sonowal inaugurated seven community jetties in the presence of Shri Yogi Adityanath, Chief Minister, Uttar Pradesh and other dignitaries and also laidthefoundationstoneofeight
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TheSpiritualCityofIndiaisallset to receive the most advanced Hydrogen Fuel Cell Catamaran Vessels, announced Shri Sonowal in the presence of leading dignitaries. The city will get one Hydrogen Fuel Cell Vessel and four Electric Hybrid Vessels for Varanasi. An MoU was signed between the Inland Waterways Authority of India and Cochin Shipyard Limited during the event.
The Government through IWAI, has assigned this project to Cochin Shipyard Ltd, Kochi, which has recently delivered the country's first indigenousAirCraftCarrier.
According to the MoU between IWAI and CSL, the design and development of the Zero Emission 100 pax Hydrogen Fuel Cell Passenger Catamaran Vessel will be undertaken by CSL in collaboration with KPIT, Pune. The catamaran vessel will be deployed at Varanasi after test and trial at Kochi. Based on the success of this Project, the technology can be adopted for greening of, cargo vessels, small country crafts etc. enabling significant reduction in pollution levelsintheNationalWaterways.
CSL will also build 8 Hybrid electricCatamaranvesselsasperthe MoU. The project was approved by the central government at a cost of Rs.130 crores. The vessels with a capacity of 50 pax will be deployed in Varanasi, Ayodhya, MathuraVrindavanandGuwahati.
VARANASI: Union Minister for Ports, Shipping and Waterways jetties on the river Ganga in UttarPradesh. • Varanasi to become business hub through Inland Waterways under PM Ga Shak SchemeLONDON: The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissionsregulationsandthebillions of dollars that will be added to freight costsinthefuture.
Pressure to decarbonise and reduce emissions of greenhouse gases(GHG)isgrowinginallsectors. In shipping, the International Maritime Organisation’s target to reduceGHGemissionsby50%by2050 (from a 2008 baseline) will be complemented by regional and nationalregulations.
Besides regulatory changes resulting from decarbonisation policies, emissions limits and related taxes, there will be enormous technological change in the design of ships and their propulsion systems, with a transition to engines powered byloworzerocarbonfuels.
“Overall, the transition towards low or even zero carbon shipping will result in higher costs and we believe that we have put together the first independent cost model to help shippers forecast and quantify additional medium-term direct costs, wheretheyapply,”saidPhilipDamas, managingdirectorofDrewry.
The European Union will be the firstregiontoenforce‘carbontaxes’in shipping via its Emission Trading System, which will penalise users of high-carbonfuelssuchasconventional fossil fuels and apply not only to shipments within Europe, but also to allshipmentstoandfromEurope.
Asshipownerslooktocomplywith tighter environmental rules, several ’candidate’ green fuels are being considered, and they will have different implications and costs for shipping lines and for shippers.
Drewryexpertshaveconsultedocean carriers and representatives of shippers and industry associations. This has enabled Drewry to design a new Carbon Tax and New Fuel Forecasts tool, which provides forecasts based on the ’most likely’ regulations, using 3 scenarios of futurecarbontaxes,andusing3’most likely’newgreenfueltypes(Liquefied Natural Gas, green methanol and greenammonia).
Drewry announces today the first industry-wide costing of both the European carbon taxes and for transitioning all European container shipments to a greener fuel type. The cost for 2024 ranges between $3.5 billion and $14.5 billion depending on the extent to which the industry switches to LNG and other greener ships instead of keeping to conventionalfueloil.Seebelow:
LNG is the main ‘intermediate’ fuel type on the journey to decarbonise container shipping. Technology and fuel supply infrastructurearecurrentlynotready for either green methanol or green ammonia. Though future LNG prices will be heavily dependent on the ultimatefutureenergymarket.
TheEuropeanUnionCommission and Parliament have considered introducingnewcarbontaxesasearly asnextyear,butitisnowexpectedthe new taxes will not come into effect until2024.
In July, Maersk announced it was planning to introduce surcharges of 170 euros/40ft container for its Asia to North Europe services and 185 euros/40ft for North Europe to US services, thereby passing-on the extra regulatory costs. Last week, MSC announced that it was planning to introduce surcharges of about 138 euros/40ft container for its Asia to North Europe services. Other major carriers, however, have yet to announce their intentions following theregulatorychanges.
Drewry will continue to work with shippers to inform them of the major cost, compliance and contractual implications of new sustainability rules, and will partner with expert organisations to provide specialist support in this complex area. Drewry urges ocean carriers to be as transparentwithshippersaspossible about the costs associated with sustainability, while retaining confidentiality over any sensitive, technology-relateddata.
Earlier this year, Drewry signed a partnership agreement with Smart Freight Centre, an international nonprofit organization focused on reducing greenhouse gas emission from freight transportation. Drewry has also formed an Environmental, Social and Governance team of experts to help facilitate the identification and exchange of insightsandbestpracticesrelatingto thedecarbonisationshipping.
Drewry continues to enhance its range of value-add services for global shippers, including advice, benchmarking,strategyandplanning tools covering procurement, costs, carrier contract terms, budgeting, tenders, origin management, sustainability implementation and standardbunkerprogrammes.
“As the focus shifts away from inflated freight rates, we are seeing many shippers wanting to implement sustainability policies and measures within their procurement processes. The lack of consistency and visibility regarding carbon neutral shipping and associated costs is something on which all stakeholders; from shippers, ocean carriers, forwarders, regulatory bodies and consultants, need to find common ground. Drewry is committed to this discussion and helping our clients implement sustainable ocean freight practices,” said Chantal McRoberts, head of advisory Drewry Supply Chain Advisors.
NEW DELHI: Dredging Corporation of India (DCI) has reported a Rs 28.61 crore profit ($3.5 million) for the second quarter of financial year 2022-23.
Accordingtotheirofficialstatement, this is the highest-ever profit for the
second quarter achieved by the company. DCI had reported a loss of Rs 3.98 crore in the same quarter for the last financial year 2021-22. This improved performance is despite the high fuel prices in recent times, the companyadded.
DCI also said that they are committed to maintain this upward trend and will continue to show an improvedperformance.
The company aims to record its highest-ever turnover of Rs 1,000 crore forthecurrentfinancialyear.
MUMBAI: The Reserve Bank of India’s (RBI’s) foreign exchange reserves declined by $1.1 billion to $529.99 billion in the week ended November 4, latest data released by the centralbankshowed.
The data released last week
showedthatintheweekendedOctober 28, the RBI’s reserves had risen by $6.6 billion, the sharpest increase in several months. Analysts said a large portion of the increase was due to revaluation.
The latest decline in the reserves
was primarily on account of a fall in the RBI’s gold reserves, which fell by $705 millionto37.06billion,thedatashowed.
The RBI’s foreign currency assets registered only a marginal fall of $120millionto$470.73billionintheweek endedNovember4.
CJ-I
CJ-II VACANT
CJ-III MV Darya Gometi Genesis 16/11
CJ-IV MV Sea Way K DBC 15/11
CJ-V VACANT
CJ-VI VACANT
CJ-VII MV Trigon Trader Scorpio Shpg. 16/11
CJ-VIII MV Chitral Synergy Seaport 18/11
CJ-IX VACANT
CJ-X MV Orion Dariya Shpg. 17/11
CJ-XI MV TCI Express TCI Seaways 15/11
CJ-XII MV SSL Delhi Transworld 15/11
CJ-XIII MV Jabal Almisht Chowgule Bros. 18/11
CJ-XIV MV Thetis Seacoast 16/11
CJ-XV MV Dubai Sun Interocean 20/11
CJ-XVA MV Ultra Tatio GAC Shpg. 15/11
CJ-XVI MV Seacon 8 Mihir & Co. 15/11
Tuna Tekra Steamer's Name Agent's Name ETD
Corinthian Phoenix
Oil Jetty Steamer's Name Agent's Name ETD
OJ-I MT Katsuyama
OJ-II MT Papillon J M Baxi 15/11
OJ-III MT Ginga Merlin GAC Shpg. 15/11
OJ-IV MT Golden Ambrosia J M Baxi 15/11
OJ-V MT Sea Fortune
OJ-VI MT Merapi Interocean 15/11
Stream MV Ability DBC
Stream MB Abigail Shantilal Shpg. 44,000 T. SBM In Bulk
Stream MV Anna Elisabeth BS Shpg. 44,200 T. Rice In Bags
Stream MV Appaloosa Interocean Sudan 29,090 T. Sugar Bags 2022091338
Stream MV Clipper Barola Chowgule Bros. 41,000 T. Sugar In Bulk
Stream MV Dawai BS Shpg. Chennai 10,000 T. Silica Sand In Bulk 2022101335
CJ-XV MV Dubai Sun Interocean 42,800 T. Rice Bags 2022101308
Stream MV Golden Zhejiang Aditya Marine 57 Nos. Wind Mill Blade 2022111054
Stream MV Haseen Aqua Shpg. 45,000 T. Sugar In Bulk
CJ-XIII MV Jabal Almisht Chowgule Bros. 60,500 T. Salt 2022111111
CJ-I MV Massa J DBC Port Sudan 28,800 T. Sugar (50 Kgs.) 2022101029 2323357
Stream MT Oriental Cosmos Allied Shpg. Rottardam 7,740 T. C. Oil
OJ-II MT Papillon J M Baxi Houston 14,295 T. Molasses
Stream MV Safeen AL Amal Interocean 33,000 T. Sugar Bags 2022111040
CJ-IV MV Sea Way K DBC 11,000 T. Sugar Bags (25 Kgs.)
CJ-XVI MV Seacon 8 Mihir & Co. 55,000 T. Salt 2022111087
Stream MV Sider Bear BS Shpg. 40,000 T. Ball In Clay 2022111005
Stream MV Singapore Bulker BS Shpg. 25,000 T. Rice In Bags 2022111065
Stream MV Tai Summit ACT Infra 40,100 T. Rice Bags
CJ-XIV MV Thetis Seacoast 54,500 T. Rice In Bags
CJ-VIII MV Chitral Synergy Seaport 37,629 CBM Logs 2022111091 14/11 MV Dato Success J M Baxi China 14,375/977 T. HR Coils/Pipes 2022110066 CJ-III MV Darya Gometi Genesis 31,930 T. S. Scrap 2022111052
14/11 MV Esperance Ray Benline 23,952 T. Steel Scrap
Stream MV Ocean Bridge J M Baxi China 153/5,170 T. Equip/Steel Cargo CJ-X MV Orion Dariya Shpg. 30,500 T. Coal 2022111056
Stream MV Tan Zhou Lun Genesis 50,772 T. Petcoke 2022111053 CJ-XVA MV Ultra Tatio GAC Shpg. 34,523 T. SH Scrap 23/11 MV VSG Dream United Safeway 7,250 T. Lime Stone 202201371
Due/Berth
Stream MT Alpine Link Interocean 28,000 T. CDSBO 2022101330
Stream MT Argent Gerbera JM Baxi Durban 5,991 T. Chem. 2022101060 1483 2323599 14/11 MT Asia Liberty J M Baxi 28,999 T. CPO
Stream LPG Bastogne Nationwide 20,000 T. Propane/ Butane Stream LPG Berlian Ekuator Nationwide 21,000 T. Butane/Propane
Stream MT Bia Marine Links 16,956 T. Methanol 2022111061
Stream MT Bow Santos GAC Shpg. 6,500 T. Chem.
Stream MT Bow Titanium GAC Shpg. 11,000 T. Chem. 15/11 LPG/C Cheshire Nationwide 20,000 T. LPG
Stream MT Chem Mercury Samudra 9,848 T. Chem. Stream LPG/C IGLC Dicle Seaworld 16,230 T. Propane/ Butane 2022111011
Stream MT Fairchem Kiso Samudra Sohar 8,150 T. Chem. OJ-III MT Ginga Merlin GAC Shpg. 5,000 T. Chem. 15/11 MT GH Austen Seaworld 32,000 T. MS OJ-IV MT Golden Ambrosia J M Baxi Indonesia 2,000 T. Palm Oil
Stream MT Indigo Ray Samudra 4,774 T. Chem 2022111049
Stream MT Maersk Barry Interocean 27,000 T. CPO OJ-VI MT Merapi Interocean 32,000 T. MS
Stream MT Saehan Liberty J M Baxi Indonesia 18,000 T. Palm
Stream LPG/C Sakura Spirit Inchcape Shpg. 21,494 T. Propane/ Butane
Stream MT Saver 1 Samudra 3,996 T. Chem. 2022111063
Stream MT Southern Quokka GAC Shpg. 3,000 T. C Oil
Stream MT Solar Roma GAC Shpg. 7,000 T. Chem. 15/11 MT Stolt Noraland J M Baxi 34,022 T. PHOS Acid
Stream MT Torm Troilus Jamesh Mack 20,100 t. PAL Oil
Kelang, Singapore, Hong Kong, Xingang, Dalian, Qingdao, 19/11 25/11 25/11-AM
Shipping Busan (Ex. Pusan), San Pedro, Kwangyang, Chiwan. (CIXA) 25/11 19/11 19/11-AM ONE Contribution 051E 22361 ONE ONE (India) West Port Kelang, Singapore, Leam Chabang, Busan, Sanshan, 19/11 29/11 29/11-AM ONE Commitment 057E 22373 Ningbo, Sekou, Cai Mep. (PS3) 29/11 21/11 21/11-AM Clemens Schulte 017WE 22371 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 21/11 ONE ONE (India) (TIP) 22/11 22/11-AM ALS Apollo 246E 22352 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 22/11 28/11 28/11-AM Shijing 247E 22368 Ningbo, Tanjung Pelepas. (FM3) 28/11
17/11 17/11-AM X-Press Euphrates 22045 22366 X-Press Feeders Merchant Shpg. Jebel Ali, Sohar (NMG) 17/11 18/11 18/11-AM Maersk Seletar 245W 22357 Maersk Line Maersk India Salalah, Jebel Ali, Port Qasim. 18/11 25/11 25/11-AM Maersk Kinloss 246W 22363 (MECL) 25/11 20/11 20/11-AM SSL Gujarat 129 22372 SLS SLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 20/11 23/11 23/11-AM SCI Mumbai 552 22370 SCI J. M Baxi Jebel Ali. (SMILE) 23/11 TBA SLS SLS Mangalore, Kandla, Cochin.(WCC)
18/11 18/11-AM COSCO Thailand 089E 22369 COSCO COSCO Shpg. Karachi, Colombo (CI1) 18/11 19/11 19/11-AM Zim Charleston 9E 22358 OOCL/APL OOCL(I)/DBC Sons Colombo. (CIXA) 19/11 20/11 20/11-AM EM Astoria 246S 22364 Maersk Line Maersk India Colombo, Bin Qasim, Karachi (JADE) 20/11 21/11 21/11-AM Clemens Schulte 017WE 22371 X-Press Feeders Merchant Shpg. Karachi, Muhammad Bin Qasim. 21/11 ONE ONE (India) (TIP) 22/11 22/11-AM ALS Apollo 246E 22352 SCI J. M Baxi Colombo. (FM3) 22/11
18/11 18/11-AM Maersk Seletar 245W 22357 Maersk Line Maersk Line India Newark, North Charleston, Savannah, Huston, Norfolk. 18/11 25/11 25/11-AM Maersk Kinloss 246W 22363 Safmarine Maersk Line India (MECL) 25/11 19/11 19/11-AM ONE Contribution 051E 22361 ONE ONE (India) Los Angeles, Oakland. (PS3) 19/11 21/11 21/11-AM Clemens Schulte 017WE 22371