JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News
Letter for Thursday September 11,
2025
Today’s
Exchange Rates
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CURRENCY▲ |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLS |
DAY's LOW-HIGH |
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88.1 |
0.020004 |
0.022701 |
88.13 |
88.12 |
88.06- 88.1975 |
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1.1707 |
-0.0001 |
-0.008543 |
1.1708 |
1.1708 |
1.1683- 1.1727 |
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119.3094 |
-0.415199 |
-0.346795 |
119.2931 |
119.7246 |
119.1378- 119.3883 |
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103.196 |
-0.491898 |
-0.474402 |
103.1943 |
103.6879 |
103.0078- 103.297 |
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147.389 |
-0.020996 |
-0.014243 |
147.41 |
147.41 |
147.112- 147.592 |
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1.3538 |
0.001 |
0.073924 |
1.3528 |
1.3528 |
1.3513- 1.3564 |
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97.705 |
-0.083 |
-0.084878 |
97.833 |
97.788 |
97.693- 97.932 |
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|
0.5976 |
-0.0022 |
-0.36679 |
0.598 |
0.5998 |
0.5971- 0.5985 |
/// Sea Cargo News ///
VOC Port posts growth in cargo and container traffic up to August 2025
V.O. Chidambaranar Port Authority
(Tuticorin Port) has recorded a strong performance in the current financial
year, handling 17.89 million tonnes of cargo and 3,61,991 TEUs of containers up
to August 2025–26.
The growth reflects the port’s continued
emphasis on operational efficiency, enhanced connectivity, and service
excellence, consolidating its position as a key trade gateway on India’s east
coast.
Port officials attributed the performance to sustained investments in infrastructure and technology, which have improved capacity and streamlined handling of both bulk cargo and containerized shipments.
EU trade deal with USA raises concerns
According to Freshfel Europe, the
agreement introduces a one-sided framework that undermines reciprocity and
weakens established trade rules. The organisation criticises the process,
pointing to limited transparency, insufficient consultation with stakeholders,
and the absence of a comprehensive impact assessment. It warns that the deal
could erode the WTO's Most Favoured Nation (MFN) principle and complicate
future bilateral trade agreements.
One of the main issues raised is the
treatment of fresh fruit and vegetables. Under the proposal, imports of
U.S. produce into the EU would be fully liberalised, with existing tariffs
removed. In contrast, EU exports to the USA would face a tariff increase of up
to 15%. Freshfel Europe notes that this asymmetry could give US exporters
a competitive advantage in Europe, while limiting the competitiveness of EU
produce in the American market.
The group also highlights the lack of
progress on long-standing U.S. sanitary and phytosanitary (SPS) restrictions
that continue to block or restrict EU exports such as apples, pears, citrus,
and tomatoes. While the EU has signalled readiness to address U.S.
concerns on non-tariff barriers and sustainability issues, there has been no
reciprocal commitment from the U.S. on SPS measures.
Another concern relates to compliance
requirements. EU producers are subject to strict sustainability, climate, and
food safety regulations, including frameworks such as CSRD, CDDD, and
PEFCR. According to Freshfel Europe, the agreement could create an uneven
playing field if non-EU suppliers are granted greater flexibility on these
obligations.
The tariff concessions also carry
budgetary consequences. Freshfel Europe estimates that dismantling tariffs on
U.S. produce could reduce EU revenue by around €12 billion annually,
potentially adding pressure on an already constrained EU budget. This comes at
a time when resources for agriculture and climate adaptation measures are under
review. Freshfel Europe argues that the deal risks undermining EU
agricultural competitiveness and credibility on sustainability.
It has called on EU policymakers in the
Council and Parliament to reconsider the agreement, emphasising the need for
reciprocal and non-discriminatory market access that supports both sides of the
trade relationship.
New York grants $8.5 million to farms
The funding supports agricultural operations, including apple and vegetable growers, and is used to purchase equipment and upgrade infrastructure.
New York State Agriculture Commissioner
Richard A. Ball announced that US$8.5 million has been awarded to 69 farms,
food processors, and distributors through the New York State Grown &
Certified Infrastructure, Technology, Research, and Development (NYS G&C
ITRD) grant program.
Commissioner Ball said,
"Congratulations to all the recipients of this terrific program, which is
providing funding for much-needed infrastructure enhancements and equipment
that support the innovative practices taking place today on farms and food businesses
across the State.
These improvements will ultimately help
our farms and agribusinesses meet the growing needs of the industry and
consumer demand, including producing food that is grown and packed with food
safety measures and environmental consideration top of mind, which is what the
NYS Grown & Certified program is all about."
The program was created to strengthen
businesses producing, processing, or distributing NYS Grown & Certified
food or beverage products. This round of competition prioritized projects in
distribution capacity, processing and packaging, production automation, and
labor efficiency. Proposals were evaluated under two tracks: projects under
US$50,000 and projects between US$50,000 and US$250,000.
Funding was distributed across the
state's Regional Economic Development Council regions. In the Southern
Tier and Western New York, US$1.7 million was awarded, with five farms and food
businesses receiving funds in the Southern Tier and eight in Western New York.
In the Finger Lakes and Central New York,
US$1.7 million was allocated, supporting 11 farms and food businesses in the
Finger Lakes and four in Central New York. Long Island, New York City, and the
Mid-Hudson region received US$2.55 million, with eight farms and food
businesses funded on Long Island, three in New York City, and 10 in the
Mid-Hudson region.
The Mohawk Valley, Capital Region, and
North Country together received US$2.55 million, with six farms and food
businesses in the Mohawk Valley, 10 in the Capital Region, and four in the
North Country.
The New York Farm Viability Institute
(NYFVI), in coordination with the New York State Department of Agriculture and
Markets, administers the program. Dave Grusenmeyer, Executive Director of
NYFVI, said: "NYFVI is pleased to administer this program for NYS Grown
& Certified food and beverage producers, and we thank the reviewers for
their ag business and economic development expertise.
The NY agriculture community is fortunate
to have the NYS Grown & Certified program, these grants, and a government
that uses its purchasing power to support the local food system. New York
consumers should look for the NYS G&C label to support their local farms
and enjoy great locally grown and produced food and beverage
products."
Interasia
in for up to eight boxship newbuilds
The order includes six firm newbuilds and two optional units, marking
Interasia’s first collaboration with YZJ. Financial terms have not been
revealed.
The newbuilds are designed to improve operational efficiency and
sustainability, aligning with industry efforts to reduce environmental impact
and part of the broader strategy to expand the fleet and strengthen the
footprint in the intra-Asia shipping market, the company said. The vessels are
scheduled for delivery in 2028, boosting Interasia’s current fleet of more than
20 boxships.
Oman to build green ship recycling yard
Pic: Oman Drydock Oman will build an
integrated green ship recycling facility in the north of the country.The new facility – a joint venture between the state and a Jordanian
company – will be able to dismantle more than 70 ships annually.
Other countries in the Middle East are looking at establishing ship
recycling yards. Earlier this year, Maersk signed a memorandum of understanding
in Egypt to explore green ship recycling in the Middle Eastern nation as part
of the government’s bid to be less reliant on imported scrap metal.
The planned demolition yard will be created at Damietta port to the west
of Port Said on the Mediterranean and will be compliant with the Hong Kong
Convention on improved ship recycling conditions.
As the US’s stiff 50 per cent tariffs on
imports from India has taken effect, the Indian tea industry on Monday (1Sep)
expressed its concern about the high duty and said it is likely to impact
Indian tea exports to the United States.
Last year, India’s tea export to the US
stood at around 17 million kgs; this year till May 2025 Indian export to the US
was at 6.26 million kgsThe US is a significant market for Indian
tea. Last year, India’s tea export to the US stood at around 17 million kgs.
This year till May 2025 Indian export to the US was at 6.26 million kgs.
“The recent imposition of a 50 per cent
tariff on Indian goods is likely to impact Indian tea exports to the US. Any
increase in cost cannot be absorbed by the supply chain, given that the
producers are already operating on very thin margins,” Indian Tea Association
(ITA) said in a statement.
ITA said in the black tea segment, the
primary suppliers to the United States are India, Sri Lanka, Argentina and
Malawai...“Given the strong demand for Assam and Darjeeling tea variants in the
US market, consumers may be willing to absorb a higher price point,” ITA
said. The association said the Indian tea
industry needs government-backed policy interventions to establish incentive
schemes for ICD shipments, aiming to reduce the country’s high inland
transportation costs.
“In order to cater to the growing global
demand for orthodox teas and correct the imbalances in the product mix it
is imperative that the Government reinstates the orthodox tea subsidy with a
higher outlay,” ITA said.
India’s tea export scenario presents a
mixed picture, with North India witnessing a significant growth of 8.74
per cent in quantity and 22.33 per cent in value from January to May 2025,
compared to the same period in 2024. Consequently, the unit price for North
Indian tea exports rose by 12.50 per cent to ₹.308.22. In contrast, South India
experienced a decline of 15.42 per cent in quantity, although the value
increased by 2.59 per cent due to a 21.29 per cent rise in unit price to
₹261.37.
“Overall, all-India tea exports increased
by 15.09 per cent in value and 16.85 per cent in unit price, despite a marginal
decline of 1.51 per cent in quantity,” ITA added.
Mitsui OSK
Lines opens talks with Cochin Shipyard
Japan’s Mitsui OSK Lines (MOL), one of
the world’s largest ship owners, is exploring India as a possible sourcing hub
for vessel construction and has initiated talks with shipyards, including
Cochin Shipyard Ltd.The Japanese major, which currently depends largely on China and Korea
for its fleet additions, apart from its home country, is seeking to diversify
its supply chain by considering India as an alternative base.
At present, MOL will look to source medium range carriers in the initial
stages; and then scale up orders for more specialised offerings as the
ecosystem develops. In shipping parlance, Medium range (MR) carriers are
used for transportation of cargo, often refined oil products, which are ships
with a capacity of approximately 50,000 deadweight tonne (DWT). These
carriers are commonly used for intercontinental and shorter-haul routes.
Previously, it had initiated discussions with the state-run shipyards to
explore the possibility of placing orders. India’s contribution to global
shipbuilding is less than 1 per cent, in comparison to China – 40 per cent,
Korea – 30 per cent and Japan – 20 per cent.
Incidentally, MOL is not a ship-maker itself. It is a global shipping
company that operates a large fleet of various vessel types, including tankers,
bulk carriers and car carriers. It has a fleet size of 935 – making it the
second largest player globally – of which 13 are Indian-flagged vessels (10
under MOL India and three under IFSC) – and the fourth largest in the country.
“We are in discussions with the likes of Cochin Shipyard. Earlier too,
we had spoken with some of our partners here for placing ship-making orders.
Right now, we do see that there is a potential. Depending on space available,
and the shipyard’s intent we can look at securing medium range product carriers
sometime in the near future,” Captain Anand Jayaraman, Executive Officer, South
Asia Middle East Region, MOL (India) said.
Sources said, the cost of construction of such MR carriers could be in
the range of $50 million if procured from China, and around $52 million in case
of procurement from Korea with delivery timelines being in the range of 18
months. In comparison, the construction of the same could cost $70 million
with delivery timelines being in the range of 24 months. To mitigate the cost
differences, government support becomes
important. Asked on India presence,
Jayaraman said, the company would look to hedge its supply chain with India
emerging as a possible alternative sourcing destination. Bringing in new
ships for operations here “would depend on customer demand and requirements.”
The company is also building its logistics business where it is open to
joint ventures. “We are open to expanding on our own and also through JVs,”
Jayaraman said adding that in the initial days it will target the niche
segments before competing with the larger conglomerates in the segment.
SCO has a 10-year plan for a multipolar world, China’s Wang Yi says
SCO Development Strategy until 2035 has
‘set the tone and a clear direction’ for the decade to come, top Chinese
diplomat tells reporters. The Shanghai Cooperation Organisation (SCO) has
adopted a 10-year strategy aimed at advancing a multipolar world, according to
Chinese Foreign Minister Wang Yi.
The strategy comes at a time when the
regional bloc, in a joint declaration, has acknowledged that escalating
geopolitical tensions pose an increasing threat to its security.
Chinese Foreign Minister Wang Yi talks to media after the
Shanghai Cooperation Organisation leaders’ summit in Tianjin, China, on Monday.
(1 Sep)Photo: APSpeaking to reporters after a summit on
Monday, Wang said that the SCO Development Strategy until 2035 had “set the
tone and a clear direction” for the decade to come, holding this up as one of
the most important outcomes from the gathering.
The 25th SCO summit took place against
the backdrop of heightened tensions between some of its key members and the
United States, in particular over sanctions and heavy trade tariffs imposed
under US President Donald Trump.
Wang hailed the gathering in Tianjin as
the most fruitful to date, noting that it had delivered a unified message
against unilateral actions, implicitly referencing the US. “The summit
strongly advocates for a WTO-centred multilateral trading mechanism, calls for
objections against unilateral measures that violate [World Trade Organization]
rules, and has sent a clear, unified voice in support of fairness over
bullying,” Wang said.
In addition, four new security centres
had been established, focusing on countering security threats and challenges,
combating transnational organised crime, as well as drug control and boosting
information security, the top Chinese diplomat said.
Earlier on Monday, Chinese President Xi
Jinping reaffirmed his vision for a new world order that challenges Western
dominance, calling for a fairer, multipolar global system. The SCO should
jointly “oppose cold war mentality, bloc confrontation and bullying
behaviours”, Xi said in his keynote speech at the summit, in an indirect
reference to Washington.
China’s vision for global governance
reform involved increased representation and voice for the Global South, Xi
said. He also called for the “equal and uniform” application of international
law, with no double standards or dominance by a few.
Xi announced a range of concrete efforts to tackle development challenges, as
the tariff war being waged by the Trump administration triggers fears of global
economic stagnation.
Measures pledged by the Chinese leader
include 100 “small and beautiful” livelihood projects in SCO member states and
over 2 billion yuan in free aid (over US$280 million), as well as an additional
10 billion yuan in loans to the SCO Interbank Consortium over the next three
years...Xi also announced plans to speed up the establishment of an SCO
development bank to strengthen security and economic cooperation among member
states.
“We should make the pie of cooperation
bigger, and fully utilise the endowment of every country so that we can fulfil
our responsibility for peace, stability, development and prosperity in the
region,” he said...Formed in 2001 as a Eurasian security bloc by China, Russia
and four Central Asian states, the SCO has expanded to include areas such as
economic and trade cooperation.
According to Beijing, it brings together
26 countries across Asia, Europe and Africa, including full members, observer
states and dialogue partners. Myanmar and Turkey are among nations seeking full
membership. However, despite its expanding influence, the group is plagued
by internal disagreement and disputes – such as between India and Pakistan, and
Tajikistan and Kyrgyzstan – which hamper its overall effectiveness.
Ahmedabad Airport opens integrated cargo terminal to strengthen Gujarat’s
export logistics
Ahmedabad's
Sardar Vallabhbhai Patel International (SVPI) Airport has inaugurated an
Integrated Cargo Terminal (ICT), significantly boosting its cargo handling
capacity.
The new facility, spread over 20,000 square metres, can manage up to 200,000 tonnes of cargo annually - a fourfold increase from the previous 50,000-tonne capacity, sources said. Ahmedabad International Airport Limited is managed by Adani Airport Holdings Limited (AAHL), India's largest private airports operator.
SVPIA is
spread over 987 acres and is Gujarat's busiest airport by passenger traffic. In
FY 2024- 25, SVPIA had a footfall of 13.3 million passengers and managed nearly
280 Air Traffic Movements (ATMs) daily.
Air India grows cargo network amid rising revenue
Rising
freight demand and the boom in India’s e-commerce sector have led Tata
Group-owned Air India to expand its cargo network, industry insiders
said.
The
airline’s cargo business has “grown by over 60 per cent between FY23 and FY25”,
an Air India spokesperson said in response. The airline caters to “over
four lakh tonnes of cargo volumes annually through its fleet of 242 narrow-body
and 63 wide-body aircraft.”
Besides,
as part of its strategy to capture a larger share of this growing market, the
company has integrated the cargo operations of Air India and Air India
Express. “Growth has been consistently witnessed in part due to the
integration of Air India and Air India Express’ cargo operations at the group
level,” industry insiders said.
Robust
Network
Further
extending this reach is the airline’s
“robust network of trucking and interline partnerships. Through its trucking
alliances, Air India serves more than 350 domestic and international routes,
ensuring seamless connectivity beyond gateway airports”.
The
airline’s interline agreements with over 15 international carriers also provide
access to over 300 global routes. “This network enables Air India to
effectively tap underserved markets such as South America, New Zealand and
Africa, which often lack direct capacity”, the executive said.
Saudi Arabia makes first drone delivery, marking a leap in smart logistics
In a move
that signals a major shift in Saudi Arabia's logistics landscape, a successful
trial of drone-based parcel delivery was carried out in Jeddah.
This marks
the Kingdom’s first official experiment using unmanned aerial vehicles (UAVs)
for postal services, bringing together aviation and logistics regulators to
explore faster, safer, and more sustainable delivery solutions.
The trial
was launched under the patronage of Dr. Rumaih Al-Rumaih, Vice Minister of
Transport and Logistic Services and Acting President of the Transport General
Authority (TGA).
The
initiative was jointly executed by the General Authority of Civil Aviation
(GACA) and the TGA. This collaboration reflects a coordinated effort
within Saudi Arabia’s broader transport and logistics ecosystem to innovate and
elevate service delivery through the integration of advanced technologies.
Aligning
with vision 2030 and digital transformation goals : Dr.Al-Rumaiah described the trial as a “significant leap” for
the Kingdom’s parcel delivery infrastructure. According to him, the successful
drone test
opens up new possibilities for expanding logistics services and creating forward looking delivery solutions aligned with Saudi Arabia’s digital trans formation objectives.
International Civil Aviation Organisation (ICAO)
European
Union Aviation Agency (EASA)
The
regulatory updates ensure that drone activities in Saudi airspace adhere to the
highest global safety and quality benchmarks, enabling the safe and effective
rollout of drone based logistics solutions across the kingdom.
Future
outlook: Scaling innovation in delivery services : Officials from both GACA and TGA underscored that this drone
trial is just the beginning. As the Kingdom moves forward with its strategy to
modernize the postal sector, future phases may include :
Wider
deployment of drones for parcel delivery across urban and rural areas,
Development of new regulatory frameworks to govern commercial
Drone use,
Collaboration with private logistics operators to expand service offerings.
By
integrating drone technology into its postal infrastructure, Saudi Arabia is
positioning itself as a regional leader in logistics innovation – one that is
embracing sustainability, speed and technology to meet the demands of a modern
economy.
American
Airlines Cargo has enhanced its ExpediteTC temperature-controlled service
to offer live tracking and monitoring of shipments in active containers.
The US
cargo business said that the expansion of the service ensures that cargo can be
monitored throughout its journey. The new offering links with the
airline’s control tower monitoring operation so that, in the event of irregular
flight operations or other disruptions, proactive intervention can be carried
out to uphold the delivery commitment made at the time of booking.
Talks on reducing cargo handling charges at airports make no progress
There is
no progress in the reduction of cargo handling charges in Bangladeshi airports
even three months after a government body submitted a report to the authorities
in this regard.
The
Ministry of Civil Aviation and Tourism did not take any effective
measures to facilitate the lessening of charges after receiving the
report. On the other hand, Biman Bangladesh Airlines officials say they
have no scope to lower ground handling charges as they realise the "very
minimum" compared to similar fees in other regional airports.
Officials say New Delhi revoked third-country transhipment facilities for Bangladesh through India's land customs stations to ports and airports in early April. The decision immediately disrupted sending air cargo, especially readymade garments, using the Indian airports, creating uproar.
It also
asked CAAB to include comparisons with charges in airports of other countries.
However, until yesterday i.e. Wednesday 10-SEP-2025, CAAB did not resubmit the
report.
A senior civil aviation ministry official recently told The Financial Express the proposed charge reduction was “very minimal” and thus CAAB was asked to resubmit the report and recommend further cuts. “We are yet to get the report”, he said.
Both
companies have been operational in JFK for a good half-century, yet have never
before worked together – until now. On 01SEP25, the recently agreed 5-year
handling contract came into effect. Korean Air’s Cargo Building 9 at John F.
Kennedy International Airport (JFK), inaugurated 25 years ago, is now under
full management of Swissport, including sublease responsibilities.
Swissport
has ambitious plans to modernize the 232,500 ft² (70,866m²) office and
warehouse facility. It is investing in automation, Bionatur biodegradable
products, and eco-friendly infrastructure upgrades such as a new ETV system,
new temperature-controlled storage for specialized cargo, as well as new
electric GSE along with a strong and reliable charging infrastructure.
With
Swissport, Korean Air’s JFK facilities will grow to handle almost 300,000 tons.
Image: Swissport
Nelson
Camacho, CEO of Swissport North America and Canada, announced: “We are
delighted to partner with Korean Air Cargo on this historic contract, marking
our first large-scale collaboration at a single location. […]
Swissport
is strongly committed to raising and further fine-tuning the standard of cargo
handling at New York JFK airport and is therefore investing significantly […]
while also pursuing IATA CEIV and GDP certifications. It is this perfect blend
of automation and our professional team’s track-record expertise that ensures
efficient, high-quality operations and the best customer service.”
Jaedong
Eum, Executive Vice President and Head of the Cargo Business Division at Korean
Air, stated: “Swissport has demonstrated that it shares our values of
professionalism, excellence and sustainability, and our vision for the future
of our JFK hub. […]
Together
with Swissport, we will establish a blueprint at JFK for a highly successful
Cargo Path Forward over the coming years.”
Ajay
Barolia, Executive Vice President Cargo Swissport North America, concluded: “Our
operational strategy mirrors Korean Air Cargo’s core values and is grounded in
three key pillars: Safety, Consistent Service Quality, and Full Transparency.
[… Our] investments will future-proof Cargo Building 9 and ensure it is ready
to meet both current demand and future growth, reinforcing Swissport’s
commitment to safe, reliable, and modern cargo handling.”
ACCF – a remarkable trade show career
The sheer
volume of emails received makes it clear: invitations to cargo and logistics
conferences have now reached tsunami-like proportions. The abundance of offers
alone makes it difficult to choose which events are a must and which should be
dumped directly into the waste bin.
Not only
industry experts are constantly facing these decisions but also the trade
media. Among the multitude of events, the Air Cargo Conference, organized by
the Air Cargo Community Frankfurt, now stands out clearly due to its wealth of
topics and networking opportunities. For CargoForwarder Global (CFG),
participation in last week’s anniversary event was therefore a matter of fact.
This
year’s ACCF conference was held at the stadium of Eintracht Frankfurt soccer
club. An unusual venue for an air freight conference – photo: CFG/hs
New
technologies and creative approaches
The ACCF has become a must-attend event for industry and is probably the second
most important in Europe after the bi-annual Air Cargo Europe conference in
Munich. This was emphasized in a statement delivered by Frank Bauer, Chief
Operating Officer, Lufthansa Cargo, who points out the special value of the
Frankfurt gathering for the cargo and logistics industry: “Since its
founding more than ten years ago, the Air Cargo Community Frankfurt has pursued
the goal of sustainably strengthening Frankfurt as an air freight hub.
The
intensive exchange between the more than 400 participants and the resulting
ideas and initiatives impressively demonstrate how vibrant and effective this
community is. Innovation plays a key role in this: In an industry that is
rapidly digitizing and facing global challenges, new technologies and creative
approaches are crucial for future viability and competitiveness.
That’s why
I was particularly pleased about the Innovation Pitch as part of the Lufthansa
Cargo Innovation Award – because it is precisely formats like this that create
space for fresh ideas and promote young entrepreneurs who actively contribute
to the further development of air freight with their initiatives.”
Two stages
combined with an exhibition area
For the first time, there were two separate stages for keynotes, presentations,
and discussions. Also, there was an exhibition area where companies such as
Wallenborn Transports S.A., ATC Aviation Services, time:matters GmbH, Loedige,
webcargo and some others, as well as charity organizations such as Cargo Human
Care, could present themselves to the audience and draw attention to their
special services.
However,
not all messages were positive; experts also gave critical assessments
concerning the economic perspectives of most EU countries.
PACTL
delivered e-commerce insights
Unsurprisingly, most of the experts emphasized that e-commerce, as the current
main driver of air freight volumes, will become even more important in the
future. This was confirmed by Carsten Hernig, Managing Director of ground
handling agent, PACTL, who delivered an overview of the processes at Shanghai
Airport for this product segment.
Following their arrival at PACTL’s warehouse by truck, all parcels are x-rayed since, unlike in Europe or North America, there are no regulated agents in China. Hernig emphasized that the data quality is very high.
All e-Com
parcels arriving PACTL’s warehouse in Shanghai are X-rayed before loaded on
board an aircraft – company courtesy.Batteries
and cosmetics are often safety-relevant, which is why compliance with
regulations is essential. Whereas freighters used to be the preferred means of
transport in the past, Chinese e-commerce exporters are increasingly relying on
the belly-hold capacity of passenger airlines as their route network is larger
in comparison.
The future
is e-commerce!
When asked how e-commerce demand will change in the near future, Carsten
replied: “That’s difficult to predict, but the trend is steadily upward.
This year alone, we had an incredible tonnage in August, which is normally the
weakest month, indicating unabated growth for this commodity.”
In
conclusion, Murat Odabas, Managing Director of CB Customs Broker GmbH,
explained: “We continue to see significant differences in the interpretation
of EU-wide regulations by different countries and even customs offices. What
works at one airport may not work at another nearby.”
These
differing, sometimes very lax interpretations of EU regulations by member
states and local authorities are a constant annoyance for those who
consistently comply with legal requirements. In this case, compliance with the
law translates into competitive disadvantages for law-abiding companies and
airports.
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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