Meldingen uit de sector importeren/exporteren

Singapore-based Scoot is removing seats from A320 aircraft for regional freight operations, while SpiceJet has used a reconfigured A340 to fly to Europe and Africa. Traditionally, low-cost carriers (LCCs) have shown scant regard for cargo. Many have not bothered with it at all, lest the loading/unloading disrupt tight turnaround times.

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India’s sugar exports will rise 50% to a record of over 5.7 million tonnes in the season ending this month, helped by the depreciated rupee, subsidy and lower output from rival suppliers. The government expects the robust performance to continue in the next season also. Export shot up due to sustained demand at global market. The highest sugar export before this was in 2007-08 when India shipped 4.9 million tonnes.

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Though a duty of 30% has been imposed by the Union government on export of all grades of iron ore, including fines, which have Fe (iron) content above 58%. No duties whatsoever are imposed on the export of pellets, a value-added product manufactured by agglomerating these fines. Iron ore pellet exports have continued unabated despite a Union government policy whereby only the state-owned KIOCL Limited, formerly known as Kudremukh Iron Ore Company Limited, or its authorised subsidiaries, is allowed to export these.

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Indian chemical executives are betting that they will increasingly win in the global marketplace. Managers at Indian specialty chemical companies see a door opening for India. China has cracked down on environment scofflaws, forcing some small chemical makers there to shut down. US President Donald Trump is making it hard to do business with China through a combination of import tariffs and intellectual property prosecutions. And, COVID-19 is making all chemical buyers rethink and diversify their supply chains.

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Larger container ships calling Japanese ports has led carriers to alter port rotations to avoid vessels bunching together, with some box ships being forced to depart earlier than planned to prevent delays and congestion.

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The global economy was already on shaky grounds with high debt-fuelled growth of the past decade when the COVID-19 pandemic dealt a crushing blow. It has accelerated the inevitable crisis, and even a country as large as India cannot pull up the economy with the sole strength of its domestic demand. In this backdrop, export-led growth becomes imperative for sustained high growth levels.

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As of September 15, 2020, HAPAG LLOYD is applying a General Rate Increase Surcharge for all cargo loading from North India Inland Container Depots (ICD) to Middle East and Indian Subcontinent. North India ICDs are those that are situated in the Indian states of Delhi, Uttar Pradesh, Haryana, Rajasthan and Punjab. USD 100 per 20’ Standard Container, USD 100 per 20’ Standard Container and USD 200 per 40’ High Cube Container will be applied.

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Canada has an overall annual import bill of over USD 450 billion, which offers a huge trade opportunity for Indian exporters. Of the USD 453 billion import opportunity, Indian exports to Canada stood at a meagre USD 2.9 billion in 2019, while imports by the north American country from India were 0.6 per cent. The paltry numbers are important as the two nations are negotiating a comprehensive economic partnership agreement (CEPA) and a foreign investment promotion and protection agreement.

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Border trade between India and Bangadesh through the Mahadipur land port in Malda came to a halt for four hours. This was followed by allegations of delay in the installation of a power generator and acts of corruption levelled by the Mahadipur Exporters’ Association and Mahadipur Clearing & Forwarding Agents’ association. The trade resumed at noon after customs officials assured the exporters lobby of looking into their grievances. Sunday’s suspension of the border trade was a consequence of the events that took place when only 50 per cent of the goods-laden trucks could cross the border because of power cut between 10am and 4pm.

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