Import/Export Industry Notifications

The Regional Meteorological Centre escalated the Local Cautionary Signal to III from the Local Cautionary Signal II and has maintained the same caution level today. In order to ensure the safety of all, the terminal gate operations shall be suspended effective 2359 hours, 16th May 2021, and subsequently, the yard operations shall also be suspended effective 0200 hours 17th May 2021.

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Mumbai and its neighbouring areas like Thane, Palghar et al are receiving heavy rains along with winds as Cyclonic Storm "Tauktae" turned into "very severe." No fatalities have been reported so far, but India's financial capital has reported uprooting of trees at many places. The Mumbai Airport has also shut operations till 2 pm with reports of several flights to the city being diverted.

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The Israeli ports of Ashdod and Askelon have reportedly been closed as rockets fell near two general cargo ships during escalating violence between Israelis and Palestinians. Maritime security Dryad Global said the incidents were "indiscriminate" but warned that port and shipping infrastructure might become targets of any protracted struggle between Jews and Arabs in Israel.

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Special Refund and Drawback Disposal Drive from 15.05.2021 to31.05.2021 –reg.

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JNPT on Saturday said it has planned to sail out all the vessels at berth by 11.00 pm on May 15, while all inward shipping movements will remain suspended till easing of weather conditions as part of various mitigating following a cyclone warning.

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India is yet to enforce the award of $7.16 million awarded by an arbitral tribunal in September 2018 against French shipping firm Louis Dreyfus Armateurs SAS relating to a failed cargo terminal contract at state-owned Kolkata Port Trust (now Syama Prasad Mookherjee Port Trust).

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The Jawaharlal Nehru Port Trust (JNPT) has suspended vessel berthing at Nhava Sheva port, anticipating cyclone Tauktae by late Saturday night, and instructed ships at berth to sail out. Industry executives said they expect berthing at Nhava Sheva port--the country’s busiest seaport—to remain suspended for at least the next two days, which could delay schedules for shipping lines.

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After a gap of three years, India, the largest pulses producer and consumer of pulses globally, has opened up the import of tur, moong, and udid as the Union ministry of commerce changed these three pulses from restricted to open category. Traders and importers have welcomed the move; however, millers and farmers are surprised by the decision to suppress the prices.

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95 trucks carrying various items of goods entered Bangladesh from India, while 42 trucks of goods entered India from Bangladesh this morning to noon, sources at the Benapole Port said. Import and export between Bangladesh and India through Benapole land port resumed on 16th May 2021 after closure for three days on the occasion of Eid-ul-Fitr, the largest religious festival of Muslims.

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