Singapore restricts seafarers with recent travel history to India

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Seafarers are the backbone of the maritime sector. There are an estimated 1,647,500 seafarers serving on various ships globally. Off these, more than 770,000+ are officers and 870,000+ are ratings (non-officer rank).

In terms of ratings, Philippines is the biggest supplier of ratings, followed by China, Indonesia, Russia and Ukraine whereas China is the biggest supplier of officers, followed by the Philippines, India, Indonesia and Russia.

India as the 3rd largest supplier of seafarers in the rank of officers accounts for around 9.35% of the global seafarer population. This makes India a popular destination for crew signing on and off.

While the 2nd wave of COVID-19 continues its onslaught on India in the recent weeks, seafarers who have recently visited India may find themselves in a bit of a pickle especially if their shipping route involves Singapore and they were planning to sign on to the ship at Singapore.

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Ocean Freight rates 2021, an Indian perspective

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2020 will be remembered by many as one of the years that has caused maximum upheaval in terms of freight rates, space and equipment capacity in all markets around the world.

While the impact on the Trans-Pacific and Trans-Europe has been the maximum, other trades like the India trade has also been affected quite substantially.

These never before seen steep increases especially on the exports, has sent the export community in India into a frenzy as shipping lines continue with the increases one after the other.

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The changing landscape of shipping in global trade – The India Perspective

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Global trade is the backbone of any country’s economy. In this article, Kuljit Anand, a highly experienced and versatile Shipping & Supply Chain Professional based in Mumbai, discusses the changing landscape of shipping in global trade from an Indian perspective.

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Adani successfully completes first export using India’s Inland Waterways

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On the 30th June 2020, a barge “MV Pruthvi” carrying 45 TEUs of sponge iron left Haldia Docks on its maiden voyage to Dhaka on the Indo Bangladesh Protocol Route (IBPR)..

This first-ever containerised cargo from India to Bangladesh using the Inland Waterways reached Pangaon International Container Terminal, Dhaka on the 12th of July 2020..

This movement which was organised by Adani Logistics Limited in association with Five Star Logistics Private Limited carried the cargo of Rashmi Cement Ltd and Orissa Metaliks Pvt. Ltd..

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Concor enters Coastal Shipping in India

Government of India

India measures around 2,933 Kms from West to East and around 3,214 km from South to North and boasts a coastline of around 7,516..

Given such distances and the volume of goods handled, rail transport was found to be one of the cheaper options for all cargoes over medium to long distances..

Indian Railways entered the cargo market for moving door-to-door domestic cargo in special DSO containers starting in 1966..

Container Corporation of India Ltd. (CONCOR), was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways..

Amid increasing competition, inadequate rail and road infrastructure, a rapidly changing market driven by weak demand and digitization, Concor has decided to enter the coastal shipping market in India..

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Example of a currency swap and how it can help trade..

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A Currency Swap is a pact between two countries that allows trading in their own currency and payments to import and export trade at pre-determined exchange rates without bringing in a third currency..

In this article we discuss with a latest example how the currency swap works and how it helps trade between the countries in the currency swap agreement..

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India’s first container cargo movement through inland waterways

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In what is seen as a landmark moment in the history of shipping in India in recent times, PepsiCo will move 16 containers filled with food and snacks on a vessel, the MV RN Tagore (for Rabindranath Tagore) from Kolkata to Varanasi on river Ganga using the National Waterway-1..

This will mark India’s first container cargo movement through inland waterways..

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‘Vikrant’- Indian Navy’s First Indigenous Aircraft Carrier

This post goes out to all fellow Indians around the world with whom I wish to share a proudly INDIAN moment.. This is on the occasion of the commissioning of India’s first home-built … Read more here..

What is a High Seas Sale..??

Here is an interesting topic from Asha’s Maritime News.. High Sea sales (HSS) is a sale carried out by the actual consignee (ie, the consignee shown in the Bill of … Read more here..

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