Category Archives: Supply Chain

DCBA organises COVID-19 vaccination for Customs Brokers, staff and family

In a bid to protect thousands of Customs Brokers, their staff and family members, Delhi Customs Brokers Association (DCBA) has organized a 4-day COVID-19 vaccination camp at New Customs House (NCH), near IGI Airport, New Delhi from June 15 to 18, 2021. Supported by the Office of the Chief Commissioner of Customs (Delhi Zone), the vaccination camp is being conducted by Medanta Hospital. The vaccination camp was inaugurated by Smt. Ranjana Jha, Chief Commissioner of Customs (Delhi Zone) along with Smt. Simmi Jain, Principal Commissioner of Customs, Air Cargo Import and Shri Manish Kumar, Commissioner of Customs, Airport & General. Customs Brokers are one of the vital components of the logistics & supply chain system and recognised as frontline warriors in respect of the fighting against COVID-19 pandemic through their immensely valuable services. Risking their lives, the Customs Brokers are working 24×7 to clear all urgent Covid related cargo/material including oxygen concentrators, oxygen cylinders, ventilators, PPE kits, vaccines, etc from airports, ports and ICDs.

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Container prices remain high despite growing exports

As the world economy recovers from COVID-19 disruptions and demand for exports rises, container prices at major ports, such as Chennai, Mundra and Nhava Sheva, remain high.The average price of a 20-ft dry container at the Chennai port stood around $1,600 (Rs 116,736, at Rs 72.96 to the dollar) at the end of May, compared to around $1,083 (Rs 79,015) in May 2020. The average price of a 20-ft dry container in Mundra at the end of May stood at around $1,550 compared to $1,163 recorded in June 2020, while for Nhava Sheva in Navi Mumbai, it was at $1,700 in May against $1,075 in June 2020. Demand for exports, especially vaccines, medical equipment like masks, personal protective equipment kits, and oxygen concentrators, has risen in the past few months, shipping companies said. “Many companies are likely to get into bidding wars to extradite their export and import cargo, and this is likely to lead to higher tariffs,” another Mumbai-based shipping analyst said. Demand for white goods has also picked up in the last few months.

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A.P. Moller – Maersk provides end-to-end carbon footprint visibility

A.P. Moller – Maersk is further assisting its customers with decarbonising their supply chains with the launch of an Emissions Dashboard. The Emissions Dashboard is an analytical data tool where customers are provided with carbon footprint measurements from their entire supply chain, giving a detailed emissions overview whether their products are transported via truck, train, plane, or vessel. With an emissions overview companies will be able to disclose emissions information to the public, covering all their container flows. “As our customers trust Maersk with a wider part of their supply chains, they also expect from us that we assist their climate actions through sustainable end-to-end offerings. An increasing share of our customers are setting ambitious sustainability goals, making emissions visibility critical in order to document performance towards these targets. The Emissions Dashboard will ensure full visibility for our customers to leverage on their journeys towards decarbonised supply chains,” explains Vincent Clerc, CEO of Ocean & Logistics, A.P. Moller – Maersk.

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project44 closes $202 million Series E investment led by Goldman Sachs

project44, the leading supply chain visibility solutions provider, has closed a Series E investment of $202 million led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2 billion. To date, project44 has raised $442.5 million to improve supply chain trust and predictability. Goldman Sachs has a deep history of supporting the global expansion of growth-stage technology companies and guiding them through multiple stages of growth. This financing will accelerate the company’s expanded multimodal carrier network, make significant inroads into Asian markets, expand artificial intelligence (AI) and data science capabilities, accelerate new product innovation, and bolster sales and marketing reach globally. “We’re grateful for the confidence Goldman Sachs and our existing investors have placed in our team as we continue to solve some of the most critical supply chain execution challenges across the globe,” said Jett McCandless, CEO and founder of project44.

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Maersk supports imports and distribution of medical aid in India to fight the COVID-19 pandemic

More than 6,000 oxygen concentrators, 500 oxygen cylinders, 60 cryogenic oxygen tanks, and several medical supplies and ventilators were transported into the country by A.P. Moller – Maersk through its ocean and air freight solutions for various institutions and corporates contributing to medical relief activities. Maersk has offered its ocean transportation service to institutions and organisations participating in medical relief at a nominal rate of 1 USD per container. All air freight shipments to India facilitated by Maersk are being done on a zero-profit basis. “The COVID-19 pandemic has taught us several lessons – empathy being one of the most important ones of them all. The crisis has urged us all to go beyond our business and support the society when it needs it the most. 15 of our top executives from different functions voluntarily got together in the early days of the second wave and put together ‘Project Oxygen War Room’, or POWR as they called it, to help society fight the virus”, said Vikash Agarwal, Managing Director, Maersk South Asia

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Contienental Carriers charter two frieghters for the Covid essentials

Contienental Carriers created history by bring two frieghter charters with covid essential materials to Delhi and Kolkata with a span of two hours. Contienental carriers have been actively helping in transportation of other essential items such as oxygen concentrators from Agra to Moolchand hospital in Delhi. The company successfully chartered the two frieghters to transport 190 Euro pallets, weighing 109 tonnes of ‘Zeolite’, an essential component in Oxygen generation from the suppliers’ factory in South of Italy to Delhi. Upon arrival, Contienental Carriere seamlessly cleared the shipment within 20 minutes from the customs. In a similar way, Ilyusin IL-76 charter freighter uplifted 3 – ISO Oxygen tanks from Titanjin (China) to Kolkata, India. on the same day

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Indian ports on east coast restrict activities ahead of cyclone

Chennai/Bhubaneshwar, May 24 Ports on India’s eastern coast on Sunday restricted shipping activities and asked vessels to vacate anchorages ahead of a cyclonic storm expected to make landfall on Wednesday, port authorities and trade sources said. The Indian Meteorological Department (IMD) has warned that a”very severe cyclonic storm” would impact States including Odisha and West Bengal, where key ports are located. Some regions are likely to receive heavy rainfall and wind speeds could reach 110 miles per hour, the weather office said. Kolkata Port Trust Chairman Vinit Kumar said the port has taken preparatory measures to avoid the loss of human lives,vessels and property. “Before the onset of the cyclone, all port vessels will be taken inside dock for shelter. No ships will be kept in river anchorages or jetties,” Kumar said. Authorities at Haldia port in the state of West Bengal have asked for inward movement of vessels to be stopped from Monday evening, two trade sources said.

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More supply chain delays as cyclone forces Pipavav Port to close

Cyclone Tauktae has forced the Indian port of Pipavav to shut, putting increased strain on the country’s shipping networks. Pipavav, operated by APM Terminals, said it had declared force majeure and would suspend operations until 1 June, following the cyclone making landfall last week along the coast of Gujarat in the north-west. With winds up to 185 kph, Tauktae is categorised as “extremely severe” and is one of the worst Arabian Sea-cyclones to hit India in a decade. Pipavav said there had been no major damage to port infrastructure, but its power supply and communication links had been “disrupted”. Its closure prompted forwarders to signal further cargo disruption, with containerships being diverted from the 1.35m teu capacity facility. Sanjay Bhatia, co-founder and CEO of Freightwalla, said: “Vessels will now have to re-route or, most likely, discharge containers at other ports like Nhava Sheva [Mumbai]. This is expected to have a cascading effect on the shipping lines, importers and exporters.

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BLR Airport Processes 650,225 kgs of COVID-19 relief material in the months of April and May, 2021

Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) has processed 650,225 kgs (542,620 kgs of imports and 107,605 kgs of domestic inbound) of COVID-19-related relief material from April 1, 2021 to May 19, 2021. Of the total, a significant 567,791 kgs were processed from May 1 to 19, 2021, with imports at 507,820 kgs and domestic inbound cargo at 59,971 kgs. While 200 shipments came in April, the first 20 days of May accounted for nearly 800 shipments, accounting for an overall 25,891 pieces of COVID-19-related cargo. During this period, BLR Airport recorded a total of 136 Air Traffic Movements (ATMs), including 101 international ATMs and 35 domestic ATMs, carrying COVID-19-related cargo. This included 21different carriers (7 Indian and 14 international carriers). Wuhan and Singapore are the top importing origins. Oxygen concentrators, ventilators and Zeolite were the major import commodities, while COVID-19 vaccines and PPEs were the top domestic inbound cargo.

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Pandemic era has magnified the importance of the supply chain globally

Talking about the important role played by the supply chain industry during the pandemic, Huseni Vohra, Director, Buisness Development, APAC, project 44, said, “During the lockdown scenario, like many other essential services, the supply chain never stopped. From delivering the medical supplies to food essentials and others, the supply chin industry faced many challenges not only due to the pandemic but also from within such as the capacity issues, the demand-supply equations which were dynamic to name a few. My wish would be to equip supply chain with much more intelligence and create a support system that helps in faster decision making.”

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