JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.

 

E-MAIL : Robert.sands@jupiterseaair.co.in   Mobile : +91 98407 85202

 

 

Corporate News Letter for  Saturday  March  14,  2025

Today’s Exchange Rates

CURRENCY▲	PRICE	CHANGE	%CHANGE	OPEN	PREV.CLOSE
USD/INR	92.45	0.25	0.27115	92.34	92.20
EUR/USD	1.1434	-0.0078	-0.677563	1.1512	1.1512
GBP/INR	122.6109	0.870499	-0.704963	123.2006	123.4814
EUR/INR	105.8948	0.678001	-0.636186	106.2502	106.5728
USD/JPY	159.66	0.309998	0.194539	159.35	159.35
GBP/USD	1.3235	-0.0108	-0.809413	1.3343	1.3343
DXY Index	100.175	0.436005	0.437146	99.691	99.739
JPY/INR	0.5799	-0.0004	-0.068921	0.5786	0.5803

///                   Sea Cargo News            ///

Moeve to build Southern Europe’s largest green hydrogen project in Huelva

Moeve has approved the final investment decision to begin construction of the Andalusian Green Hydrogen Valley in Huelva, Spain. The project will position the region as a major green hydrogen hub in Europe.

First Phase : Onuba Project – The first phase, called Onuba, will become Southern Europe’s largest green hydrogen project. It will launch with an initial capacity of 300 MW, with the option to expand by an additional 100 MW. It will cost more than 1 Billion Euros. The funding includes infra development and a self consumption photovoltaic plant.

MSC implements EFS for Mediterranean and Black Sea trades

CMA CGM announces PSS for Oceania-Mediterranean and Asia-West Africa trades

Maersk updates emergency contingency surcharge for shipments to Middle East

ONE introduces emergency fuel surcharge 

amid Middle East disruptions

Ocean Network Express (ONE) has announced the implementation of an Emergency Fuel Surcharge (EFS) following operational disruptions linked to the ongoing security situation in the Middle East.

The carriers said several of its services have been affected by the current conditions, with operations facing multiple constraints and contingency measures. The duration of these disruptions remain uncertain, the company noted.

According to ONE, the situation has led to a significant increase in fuel procurement costs across several regions and trade lanes, affecting the overall cost of vessel operations and ocean transportation.

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.