JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91
98407 85202
Corporate News Letter for Monday September 01, 2025
Today’s
Exchange Rates
|
CURRENCY▲ |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
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88.2 |
0.57 |
0.650462 |
87.70 |
87.63 |
|
|
1.1683 |
0.00 |
0.00 |
1.1683 |
1.1683 |
|
|
118.7355 |
0.414795 |
0.350568 |
118.3798 |
118.3207 |
|
|
102.9647 |
0.885902 |
0.867861 |
102.2772 |
102.0788 |
|
|
146.993 |
0.063004 |
0.04288 |
146.93 |
146.93 |
|
|
1.3503 |
-0.001 |
0.074006 |
1.3513 |
1.3513 |
|
|
97.952 |
0.139 |
0.142108 |
97.868 |
97.813 |
|
|
0.5997 |
0.0037 |
0.620798 |
0.5968 |
0.596 |
/// Sea Cargo News ///
India looks to partner with South
African companies in pharma and food sectors
Indian companies in the food and
pharmaceutical industries are keen to collaborate with their South African
counterparts, Deputy Consul General in Johannesburg Harish Kumar said in
Johannesburg. Kumar was speaking at a media briefing on Thursday to give
details of the Pharm Health South Africa located with Food Show
South Africa that will be hosted next week.
More than 30 companies from India are
expected to exhibit at the Pharm Health South Africa and Food Show South Africa
to be held from August 27 to 29 here in Johannesburg.
"Indian companies are ready to work
hand-in-hand with South African partners to strengthen local manufacturing and
ensure affordable healthcare for all," Kumar said, adding, South African
firms could benefit from India's cost-competitive manufacturing base, large
consumer market, and world-class R&D ecosystem.
Anton Coetzee, Financial Director,
Medical Device Manufacturers Association of South Africa said, “Due to its
manufacturing size India’s advantage is that many European Conformity
Assessment bodies have set up offices in India and trained local staff to meet
the auditor requirement which is recognised by the European Union”.
“India has EU recognised Certification
bodies who can audit South African manufacturers. South Africa can further
benefit from having local auditors who meet the auditor requirements to be
trained to perform unannounced or surveillance audits on behalf of the EU
certification bodies,” Coetzee said.
The Consulate General of India is
organising the Pharm Health South Africa co-located with Food Show South Africa
in association with Genesis Global Exhibitions, Ace Group and Astovision.
India suspends cotton import duty till September 30,2025
In a significant policy move, the Indian government has suspended the 11% import duty on cotton until September 30, 2025. The decision comes at a time when India’s garment exporters face mounting global competition and rising costs, while bilateral trade relations with the United States remain under strain.
The suspension is expected to benefit U.S. cotton growers and offer relief to India’s textile and apparel industry, one of the country’s largest employment generators.
Amid a gradual thaw in India–China
relations, a new study by the Indian Council for Research on International
Economic Relations (ICRIER) has underlined the persistent imbalances in
bilateral trade and called for a calibrated economic engagement strategy.
The report, titled ‘Calibrating India’s
Economic Engagement Strategy with China Amidst the Changing Geopolitical
Landscape’, was released this week. According to the study, India’s trade
with China remains highly skewed, with imports worth USD 113.5 billion against
exports of only USD 14.3 billion in 2024–25.
This has resulted in a record bilateral
trade deficit of USD 99.2 billion. At the same time, cumulative foreign direct
investment (FDI) inflows from China over the past decade stood at a modest USD
886 million. ICRIER estimates India’s untapped export potential to China
at USD 161 billion—nearly ten times the current level of exports.
Notably, 74% of this potential lies in medium and high tech sectors, unlike the present export basket which is dominated by primary and resource-based goods. Products such as telephone sets, turbojets, motor vehicle parts and photo-semiconductor devices were identified as priority areas for diversification.
It proposes retaining restrictions in
sensitive sectors but easing entry in non-strategic areas, supported by an
inter-agency committee to manage approvals and security concerns.
Government mulls dedicated satellite
to boost maritime governance
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has said the government will explore the possibility of launching a dedicated satellite or acquiring a transponder to strengthen India’s maritime governance and port management infrastructure.
Highlighting the need for advanced
space-based solutions, Sonowal said such a system would provide exclusive
coverage of Indian coastal waters, inland waterways, and port regions,
integrating with national maritime databases for real-time monitoring of vessel
traffic, navigational safety, and port operations.
“This will help in enhanced vessel
traffic monitoring, real-time ship tracking across India’s coastline and
Exclusive Economic Zone (EEZ), early identification of congestion, and improved
navigational safety.
It will also strengthen preparedness for
search-and-rescue operations, pollution control, and disaster management, while
reducing dependence on foreign navigation systems. This aligns with the
Atmanirbhar Bharat vision of Prime Minister Narendra Modi,” the minister said.
He further noted India’s emergence as a
global leader in science and technology, underpinned by its strong space
programme. Citing milestones, Sonowal recalled the launch of Aditya-L1, India’s
first solar observatory in 2023, and Group Captain Shubhanshu Shukla’s mission
to the International Space Station. He added that India is now preparing for
the Gaganyan mission and the development of its own space station.
“Under the visionary of PM, India’s space programme has made remarkable progress in addressing diverse challenges and unlocking new frontiers of opportunity,” Sonowal remarked.
VOC
Port achieves first-ever export of 101 windmill blades in ship
Through this significant export, the Port
has achieved a total handling of 1,158 windmill blades up to August 21, 2025,
in the current financial year 2025–26, registering a 5% increase over the 1,099
blades handled up to the month of August in the previous financial year
2024-25.
The blades, manufactured by Vestas, are
being shipped to the United States through the vessel MV BBC Santiago. The
shipment was handled at Additional Berth-I, where two harbour mobile cranes
operated by Imcola along with vessel cranes ensured safe and efficient loading.
Each blade measures approximately 59.18
meters in length, requiring specialized handling and dedicated storage
arrangements. The Port has specialized infrastructure including dedicated
storage area of 1 Lakh square meters
within the customs-notified area, for accommodating such
over-dimensional cargo. Congestion-free road connectivity and the availability
of a skilled workforce were also key enablers for this historic achievement.
Shri Rajesh Soundararajan, IAS, Dy.
Chairperson, joined the senior officers of the Port in celebrating this
achievement and extended his congratulations to all the stakeholders for their
remarkable contribution to this success.
Shri Susanta Kumar Purohit, IRSEE,
Chairperson stated in his message that the successful handling and export of
101 windmill blades in a single ship reflects the Port’s efficiency, capability
and commitment to supporting India’s renewable energy mission.
Prime Minister Narendra Modi on Saturday
said that India is set to achieve a milestone by exporting electric vehicles to
100 countries. Addressing the World Leaders Forum 2025, PM Modi noted that
research is a major pillar of the nation's progress.
He noted that while imported research may
suffice for survival, it cannot fulfil India's aspirations. He emphasised
the need for urgency and a focused mindset in the field of research,
highlighting that the government has worked swiftly to promote research and has
continuously developed the necessary policies and platforms.
Pointing out that until 2014, India's
automobile exports stood at approximately ₹50,000 crore annually, PM Modi
highlighted that today, India exports automobiles worth ₹1.2 lakh crore in a
year. He remarked that India has now begun exporting metro coaches, rail
coaches, and rail locomotives.
Bangladesh, India explore coastal
shipping link to boost Bilateral trade
A high-level delegation from Bangladesh’s
Ministry of Shipping (MoS) has completed a feasibility study of three major
ports on India’s eastern coast as part of a joint initiative to launch direct
coastal shipping services between the two countries.
Led by Commodore Jubair Ahmed, Director
General of Bangladesh’s Department of Shipping, the team visited Paradip in
Odisha, Visakhapatnam in Andhra Pradesh, and Haldia in West Bengal.
The visit concluded with detailed
discussions at Paradip Port Trust (PPT) on port capacity, traffic handling, and
facilities required to support the proposed service. Currently, cargo
between Bangladesh and India is routed through third-country ports such as
Singapore or Colombo, adding both cost and time. Commodore Ahmed said the new
coastal link would significantly reduce freight costs and transit time,
providing a strong boost to bilateral trade.
Bangladesh first proposed the idea in July during talks in Dhaka to renew the long standing Inland Water Transit and Trade protocol, under which riverine cargo movement has been facilitated since 1972. India accepted the proposal I principle and invited Bangladesh to study its ports. A reciprocal Indian team is expected to visit Chittagong and Mongla port soon.
///// AIR CARGO NEWS /////
Chinese carriers seek Delhi slots, move to restart flights
Chinese
carriers have applied for slots at Delhi airport and have initiated steps to
resume flights after a gap of five years. While IndiGo is preparing to
relaunch flights to Chengdu and Guangzhou, four Chinese carriers have shown
interest to restore the air connectivity.
These
include Air China (from Beijing), China Eastern Airlines (from Shanghai),
China Southern Airlines (from Guangzhou) and Shandong Airlines (from Kunming).
China Eastern Airlines is also keen to relaunch flights between Kunming and
Kolkata, it is learnt.
“The
Chinese carriers are waiting for the green light and are hopeful of resuming
service from the winter schedule,” said a person familiar with the
matter. Foreign airlines planning to operate flights to India are required
to obtain an operating authorisation from the Directorate General of Civil
Aviation (DGCA).
For that purpose the airlines have to submit information such as names and nationality of its board members, operations manual, details regarding its fleet etc. The airline also needs to have their security programme approved by the Bureau of Civil Aviation Security and that needs to be submitted to the DGCA.
“Demand
for China has shown steady recovery, led primarily by business travel and
trader traffic. There is an upward momentum, especially on key routes linked to
technology, manufacturing hubs. We remain one of the top three carriers on the
India-China route and witness strong medium-term growth potential, supported by
the return of corporate travel’, Hong Kong based Cathay Pacific said.
The airline
said it is seeing tremendous growth in its air-to-sea product which enables
passengers to travel onward from Hong Kong in a ferry Guangzhou and Shenzhen.
Bridges Air Cargo receives Embraer
ERJ-190 freighter
Bridges
Air Cargo has announced the induction of its first Embraer ERJ-190 converted freighter,
marking what the airline described as a global first in cargo
aviation. According to the airline, the addition of the ERJ-190F will
enhance its operational capacity by offering greater efficiency, flexibility,
and reliability in serving customers.
The
aircraft is the first in a planned fleet expansion, with a second ERJ-190
freighter expected to join soon. The company also stated the move reflects
its strategy to build a modern, adaptable fleet designed to meet evolving cargo
demand across Europe and beyond.
Earlier in
June this year, Embraer, together with lessor Regional One, announced Bridges
Air Cargo as the launch customer for its new passenger-to-freighter (P2F) E190F
conversion programme.
Atlas Air Cargo boeing touches down at
RLB International Airport
Atlas Air
Cargo Boeing 767-3YO (ER) touched down at Robert L Bradshaw
International Airport in St Kitts and Nevis. The aircraft arrived from
Kingston, Jamaica as it is considered a rare visitor for the country and its
airlift sector. It is also operated as the cargo bird for the arrival of
the cricket teams in St Kitts and Nevis.
Atlas Air
is no stranger to the country as it arrived at the airport three years ago.
Now, the country has welcomed both the passenger version of the 747-400 and
767-300 at the airport, aiming to enhance the connections at the airlift
sector.
Atlas Air, Inc, is a major American cargo airline, passenger charter airline and aircraft lessor based in White Plains. It is operated in New York. It is a wholly owned subsidiary of Atlas Air Worldwide Holdings, aiming to enhance the connection between the countries across the region.
Vienna cargo volumes up 9% in first
half of 2025
E-commerce and long-haul connections helped Vienna Airport grow its air cargo volumes by nearly 10% in the first half of the year. The Austrian airport saw a 9% increase in volumes to 154,001 tons in the first six months of 2025 compared to the same period in 2024.
Julian
Jäger, joint chief executive and chief operating officer of Vienna Airport,
said: “With an increase of 9%, airfreight at Vienna Airport grew significantly
in the first half of 2025.
"We
recorded strong growth in April (13%) and May (15%) in particular, mainly
driven by the e-commerce sector and the launch of new long-haul connections
from Vienna. Vienna Airport is particularly well established as a freight hub
between Asia and Southeast Europe."
From
January to June 2025, belly cargo rose by 16% year on year to 67,070 tons. Tonnage handled at the Pharma Handling Center
in the first half of the year also increased – by 12% to a total of 2,040 tons.
From
January to the end of June this year, 81,162 tons were imported via Vienna
Airport, up 4% year on year. Export figures rose by 15% to 72,839 tons.
“Vienna
Airport sees further growth potential in e-commerce, especially in the area of
pure cargo connections," added Michael Zach, senior vice president ground
handling & cargo operations at Flughafen Wien AG.
"We
are well equipped for this growth: the handling equipment is in place,
freighter positions have been completed and are located in the immediate
vicinity of the cargo warehouse.
"In
addition, we have highly trained and experienced personnel in ramp and cargo
handling. We expect a further increase regarding imports to Europe in the
second half of 2025."
Vienna
ended 2024 with new record figures for air cargo volumes, registering an
above-market 22% increase to 297,945 tons of cargo.
I hope you have
enjoyed reading the above news letter.
Robert Sands
Joint Managing Director
Jupiter Sea & Air Services Pvt Ltd
Casa Blanca, 3rd Floor
11, Casa Major Road, Egmore
Chennai – 600 008. India.
GST Number : 33AAACJ2686E1ZS.
Tel : + 91 44 2819 0171 / 3734 / 4041
Fax : + 91 44 2819 0735
Mobile : + 91 98407 85202
E-mail : robert.sands@jupiterseaair.co.in
Website : www.jupiterseaair.com 1Branches : Chennai, Bangalore,
Mumbai, Coimbatore, Tirupur and Tuticorin.
Associate Offices : New Delhi, Kolkatta, Cochin &
Hyderabad.
Thanks to : Container News, Indian Seatrade, Cargo Forwarder Global & Air Cargo News.
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