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  May 28,  2026


Today’s Exchange Rates



CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

 

USD/INR

95.7125

0.022499

0.023512

95.75

95.69

 

EUR/USD

1.1645

0.0014

0.120367

1.1631

1.1631

 

GBP/INR

128.7363

0.284805

0.220743

128.8342

129.0211

 

EUR/INR

111.4862

0.079399

0.07127

111.4643

111.4068

 

USD/JPY

159.333

0.03299

0.020709

159.30

159.30

 

GBP/USD

1.345

0.0004

0.029754

1.3446

1.3446

 

JPY/INR

0.6009

0.0003

0.049948

0.6006

0.6006

 


///                   Sea Cargo News            ///

Mounting Congestion at JNPA Disrupts Vessel Terminal Plans

Jawaharlal Nehru Port Authority (JNPA) is witnessing mounting congestion, forcing several shipping lines to make last-minute terminal changes and revise vessel berthing plans to minimise delays and maintain schedule reliability.

Industry sources said heavy yard utilisation, increased container volumes and operational bottlenecks have disrupted normal terminal allocations at India’s largest container gateway.

Shipping carriers and logistics operators reported sudden shifts in terminal calls as congestion levels rose across key container facilities within the port complex. Some vessels were redirected to alternate terminals at short notice due to berth unavailability and longer waiting times and pressure on container evacuation operations.

Freight forwarders said the congestion has resulted in delays in container pick-ups, longer truck turnaround times and increased pressure on inland logistics networks serving the port. Exporters and importers are also facing challenges related to container dwell times, scheduling uncertainty and additional logistics costs.

The congestion surge comes amid rising cargo volumes, pre-peak season shipment activity and continued pressure on global shipping schedules linked to disruptions in major maritime trade routes. Industry stakeholders noted that vessel bunching and operational adjustments by carriers have further complicated terminal planning at JNPA.

Port and Terminal authorities are reportedly working with shipping lines, custom officials and logistics operators to improve container evacuation and optimise yard management. Measures including extended gate operations, faster rail evacuation and coordination with inland container depots are being explored to ease congestion levels.

Analysts said persistent congestion at JNPA could temporarily affect supply chain efficiency for India’s export-import trade, particularly for sectors dependent on time-sensitive cargo movement. However, they expect operational conditions to gradually improve as terminals clear backlogs and vessel schedules stabilise.

VOC Port Records 37.67% Growth in Liquid Ammonia Cargo Handling

V.O. Chidambaranar Port Authority has registered a significant 37.67% increase in Liquid Ammonia cargo handling during April 2026 compared to April 2025, reflecting the Port’s growing role in supporting industrial development and maritime trade.

The growth highlights the Port’s continued focus on safe cargo handling practices, operational efficiency, and infrastructure enhancement to meet the evolving requirements of key industries dependent on liquid bulk cargo.

With modern handling facilities and streamlined logistics operations, VOC Port continues to strengthen its position as a major maritime gateway for industrial cargo movement in South India.

The increase in Liquid Ammonia traffic also underlines the rising demand from sectors such as fertilizers, chemicals, and allied industries.

The Port Authority remains committed to improving operational capabilities, ensuring safety standards and facilitating seamless trade to support the broader logistics and industrial ecosystem.

India Plans to Relax Import Norms for Vietnamese Durian

India is planning to ease import regulations for Vietnamese durian as part of efforts to strengthen agricultural trade ties with Vietnam and expand the range of tropical fruit imports available in the domestic market.

Officials familiar with the discussions said authorities are reviewing phytosanitary and quarantine requirements to facilitate smoother entry of Vietnamese durian shipments into India.

The proposed move is expected to improve market access for Vietnam, one of the world’s largest durian exporters, while giving Indian consumers and importers greater access to premium fruit varieties.

Industry sources said the discussions are progressing through bilateral agricultural and trade channels, with both sides working on inspection protocols, pest-control standards and certification requirements.

Vietnam has rapidly expanded its durian exports in recent years, driven by strong demand across Asian markets. Traders said India’s growing appetite for exotic fruits, particularly urban consumers and the hospitality sector, is creating new opportunities for overseas suppliers. Relaxed import norms could also support diversification in India’s fruit import basket beyond traditional sourcing markets.

Importers and retain distributors in India said easier access to Vietnamese durian could help stabilise supply and pricing while boosting availability in major metropolitan markets. However, domestic agricultural authorities are expected to maintain strict safeguards related to plant health, biosecurity and food safety before approving large-scale imports.

The discussions also reflect broader efforts by India and Vietnam to deepen bilateral trade and economic cooperation across sectors including agricultural market access has become an increasingly important element of India’s engagement with Southeast Asian economies under its Indo-Pacific and ASEAN outreach strategies.

Industry experts believe that streamlined import procedures for Vietnamese durian could eventually pave the way for wider cooperation in fresh produce trade between the two countries, benefiting exporters, logistics companies and retail supply chains.

Maersk launches FI1 service

Maersk has announced the launch of Fl2, a new weekly ocean service connecting Far East Asia to the Indian Subcontinent. The first west bound sailing departs Shanghai on June 04, 2026.

The service runs six vessels of 4,500 TEU nominal capacity each. The port rotations covers Shanghai, Ningbo, Nansha, Tanjung Pelepas, Nhava Sheva, Pipavav and Port Qasim.

Meeting growing demand :  Fl2 was introduced in direct response to rising customer demand for additional capacity on the China-India route. It given Indian importers and exporters a faster, high frequency connection to key manufacturing and service hubs across northwest India.

The Pipavav advantage : A key feature of Fl2 is its call at Pipavav in Gujarat. Through DFC connectivity, cargo arriving at Pipavav can move efficiently inland to the National Capital Region (NCR), including Delhi, Gurugram and Noida. This makes Fl2 particularly relevant for customers moving time sensitive cargo in automotive, chemicals, retail and technology sectors.

“The Fl2 is a direct response to what our customers want : More capacity, consistency and connectivity on the China-India route. By combining the weekly ocean service with our rail solution via the DFC, we are going a step further and giving our customers the true integrated logistics experience” said Thomas Theeuwes, MD-Maersk South Asia.

Expanding the India Network :  Fl2 joins Maersk’s existing Fl3 service, giving the carrier two direct Far East – India ocean products. Together, the two services offer improved frequency, greater routing flexibility and stronger supply chain resilience for customers on this corridor.


///                   Air Cargo News            ///

Cargo Facilities at Chennai Airport Likely to Move to Backside Area


Chennai International Airport may shift its cargo operations to the rear side of the airport complex as part of a broader land optimisation and expansion strategy aimed at freeing up prime land parcels near the main terminal area.

Airport and aviation sector sources said the proposal is being examined to improve operational efficiency and create space for future passenger infrastructure and commercial development projects.

Officials said relocating cargo handling facilities to the backside of the airport could help streamline aircraft movement, reduce congestion around passenger terminals and enable better utilisation of high-value land closer to the city-facing side of the airport.

The proposed move is also expected to support long-term expansion plans amid rising passenger traffic and increasing air cargo demand in South India.

The cargo complex at Chennai airport currently handles a significant share of southern India’s international freight movement, including electronics, pharmaceuticals, perishables, automotive components and textile shipments.

Industry stakeholders said any relocation plan would need to ensure uninterrupted cargo handling operations and improved connectivity to logistics corridors, warehouses and custom facilities.

Airport planners are reportedly evaluating infrastructure requirements such as dedicated cargo access roads, warehouse zones, truck parking areas and integrated logistics support before finalising the relocation proposal. Analysts noted that modernising cargo infrastructure could help Chennai strengthen its position as a key air freight gateway for exports & imports.

The proposed redevelopment aligns with wider efforts to modernise Indian airports through terminal upgrades, multimodal integration and commercial infrastructure expansion. Aviation experts said optimised cargo operations and improved land utilisation could enhance both passenger experience and cargo throughput capacity at Chennai airport over the long term.


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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