Import/Export Industry Notifications

The Shipping Ministry cleared a package to ease the burden on port users, public-private-partnership (PPP) operators and shipping lines caused by the lockdown restrictions. Major port trusts such as Cochin, Kolkata, Chennai, Mumbai, Goa, and Visakhapatnam have the lowest operating profit or are running at a loss.

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In the next 6 weeks, APL shipping company will only serve transpacific and US-flag services. CMA CGM, which bought APL 4 years ago will stop using it for trades covering the Indian sub-continent, Middle-East and Latin America.

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Amid the coronavirus lockdown, a consignment of four tons of green vegetables including chilli, cucumber and bottle gourd left for Delhi to be exported to the UK. Earlier, vegetable consignments were sent only to the Gulf countries. This dispatch to London may generate opportunities in the European market also.

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A controversy has erupted on waiver of all penal charges for container detention, demurrage and storage payable on import or export by CFS, ICDs and shipping lines due to Covid-19 pandemic. If it’s not sorted out quickly, a major showdown could be caused between the EXIM and CFS operators.

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In a surprise move, Adani Ports and Special Economic Zone Ltd (APSEZ) will introduce a new train-handling charge on all trains handled at Mundra port. The new charge, to be applicable from May 1, has been set at Rs. 2.60 lakh plus GST per rake handling in/out with 48 hours.

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Trade and commerce have slumped. But the Indian seaports are operating under safety regulations in a disrupted manner. The receivable annual lease rentals are allowed for deferment for the months of April, May and June, in addition to the already waived off penalties.

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In a major bureaucratic reshuffle, the government has appointed Aramane Giridhar, Secretary, Road Transport and Highways. Sanjeev Ranjan will be the new Shipping Secretary. Joint Secretary Abhay Damle moved out from his post. Pawan Kumar Agarwal will be replacing N. Sivasailam as new logistics special secretary, Commerce Ministry.

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Industry leaders appreciate the proactive and timely interventions of the Shipping Ministry in this critical time and ensuring the smooth running of the ports. They also lauded many reliefs and extensions granted to the industry. This includes not charging any port charges, demurrages, penalties for the lockdown period.

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