JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News
Letter for Tuesday June 23, 2026
Today’s
Exchange Rates
|
CURRENCY▲ |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
|
|
94.68 |
0.340004 |
0.360403 |
94.35 |
94.34 |
|
|
|
1.1434 |
-0.0037 |
-0.322554 |
1.1473 |
1.1471 |
|
|
|
125.2442 |
0.385399 |
0.308668 |
124.7848 |
124.8588 |
|
|
|
108.4863 |
0.376999 |
0.34872 |
108.1634 |
108.1093 |
|
|
|
161.877 |
0.576996 |
0.357716 |
161.22 |
161.30 |
|
|
|
1.3244 |
0.0012 |
0.090686 |
1.32 |
1.3232 |
|
|
|
0.5854 |
0.0004 |
0.068377 |
0.5849 |
0.585 |
|
/// Sea Cargo News ///
Indian LNG Carrier
‘Disha’ Safely Navigates Strait of Hormuz, Heads for Dahej Port
The Indian-flagged liquefied natural gas
(LNG) carrier Disha has completed its passage through the Strait of Hormuz and
is now en route to Dahej Port in Gujarat, reinforcing the continuity of India’s
energy supply chain through one of the world’s most strategically important
maritime corridors.
The vessel’s safe transit comes amid
heightened attention on shipping activity in the region, where the Strait of
Hormuz serves as a critical gateway for global energy trade.
The successful voyage highlights the
resilience of maritime operations and the ongoing movement of energy cargoes
despite concerns over regional geopolitical developments.
Carrying LNG destined for India’s energy
market, Disha is expected to arrive at Dahej, one of the country’s key LNG
import terminals. The cargo will contribute to meeting domestic energy
requirements and support industrial and power generation demand across various
sectors.
Industry observers note that uninterrupted
LNG shipments remain essential for India’s energy security, given the country’s
growing reliance on natural gas as part of its transition toward cleaner fuel
sources. The smooth passage of the vessel under-scores the importance of
maintaining stable shipping routes and efficient maritime logistics for energy
imports.
The arrival of DISHA is expected to
provide further reassurance to market participants regarding the reliability of
LNG supply chains. As global energy markets continue to monitor developments in
major shipping corridors, the vessel’s successful journey demonstrates the ability
of maritime operators to sustain trade flows through critical international
waterways.
India’s Container Ports Climb to 6th
Globally as Throughput Nears 24 Million TEUs
India’s container port sector has witnessed
significant growth over the past decade, emerging as one of the world’s leading
maritime trade hubs.
The country’s container ports have risen from
15th position globally in 2010 to 6th place today, highlighting the rapid
expansion of port infrastructure and trade capacity.
Container throughput has increased sharply
from 3.7 million TEUs (twenty-foot equivalent units) in 2010 to nearly 24
million TEUs, reflecting sustained growth in cargo volumes and international
trade.
The rise has been supported by substantial
investments in modern port facilities, capacity expansion projects,
mechanisation, and improved logistics connectivity.
The growth also underscores India’s
increasing integration with global supply chains and the strengthening role of
its ports in facilitating exports and imports.
Enhanced operational efficiency,
digitalisation initiatives and the development of world class maritime
infrastructure have contributed to faster cargo handling and improve
competitive-ness.
With continued focus on port-led development,
multimodal connectivity and trade facilitation, India is further consolidating
its position as a major maritime and logistics hub in the global economy.
India’s West Asia
Exports Gain Momentum Through Oman Transit Route
India’s exports to West Asia are receiving a significant boost from the growing use of Oman as a strategic transit corridor, helping businesses maintain smooth trade flows amid evolving regional logistics challenges.
The route has emerged as an important gateway
for cargo movement, providing exporters with greater flexibility and
reliability in reaching key markets across the Gulf and the wider Middle East.
Trade and logistics stakeholders report that
Omani ports and logistics infrastructure are playing an increasingly important
role in facilitating the movement of Indian goods, particularly as companies
seek alternative routing options to navigate supply chain disruptions and
geopolitical uncertainties.
The corridor has helped reduce transit
bottlenecks while ensuring continuity in the delivery of products ranging from
consumer goods and engineering products to food and agricultural commodities.
The strengthened connectivity through Oman is
also supporting faster cargo trans-shipment and improved access to regional
distribution networks. Exporters view the route as a valuable link that
enhances supply chain resilience and allows Indian businesses to respond more
effectively to customer demand across West Asia.
Industry experts note that closer trade
cooperation and expanding maritime connectivity between India and Oman are
contributing to the corridor’s growing importance. Investments in port
infrastructure, logistics services and multimodal trans-port solutions have
further improved the efficiency of cargo movement through the route.
As trade volumes between India and West Asian
economies continue to expand, the Oman transit corridor is expected to play an
increasingly strategic role in supporting export growth, strengthening regional
supply chains and reinforcing India’s position as a key trading partner in the
region.
India’s Banana Exports
Continue Strong Growth Despite Global Disruptions
India’s banana exports are maintaining strong growth momentum despite facing challenges from geopolitical tensions, supply chain disruptions, and adverse weather conditions in key production regions.
The resilience of the sector highlights the
increasing global demand for Indian bananas and the country’s expanding
presence in international fruit markets.
Industry data indicates that banana shipments
have continued to rise as exporters capitalize on growing demand from markets
in the Middle East, Central Asia, and neighboring countries.
Improved cultivation practices, better
post-harvest handling, and investments in cold-chain infrastructure have helped
strengthen India’s competitiveness in the global fruit trade.
Exporters have navigated disruptions caused
by regional conflicts and volatile shipping conditions by diversifying markets
and enhancing logistics planning.
At the same time, producers have worked to
mitigate the impact of weather related challenges through improved farm
management and the adoption of climate resilient cultivation techniques.
The continued expansion of banana exports is
contributing to higher incomes for growers and supporting India’s broader
agricultural export ambitions. Government initiatives aimed at promoting fresh
produce exports, along with rising international recognition of Indian fruit
quality, have further supported the sector’s growth.
Market participants remain optimistic about
future prospects, noting that sustained demand and ongoing investments across
the supply chain are likely to keep India’s banana exports on an upward
trajectory despite global uncertainties.
Global container shipping major Hapag-Lloyd has partnered with WiseTech Global to publish Electronic Bills of Lading (eBLs) through Galileo, a cloud-native platform that integrates trade finance and electronic documentation workflows.
The initiative supports Hapag-Lloyd's goal of
achieving 100% eBL adoption by 2030. The first eBL issued by Hapag-Lloyd
through Galileo was completed for GEODIS, a global transport and logistics
provider and CargoWise customer.
The transaction demonstrated the successful
transfer of a verified electronic bill of lading from carrier to freight
forwarder during a live shipment, marking a significant step toward
digitalizing global trade documentation.
Galileo, developed by WiseTech Global, is
integrated with the CargoWise platform and will soon connect with the INTTRA
ocean shipping network.
By connecting with Galileo, Hapag Lloyd gains
access to a broad digital network that includes approximately 22,000 logistics
providers and industry participants, representing around 90% of global ocean
container capacity.
WiseTech said the platform helps align
logistics and trade finance processes, enabling faster cargo release and
improved access to financing while goods remain in transit.
US and
Iran agree framework deal to end conflict and reopen Strait of Hormuz
The US and Iran have agreed on a framework deal to end their conflict and reopen the Strait of Hormuz. The announcement triggered a sharp decline in oil prices and boosted market sentiment across Asia.
US President Donald Trump said the agreement
was complete and confirmed that the Strait of Hormuz would reopen on Friday.
Pakistan, which helped mediate the
negotiations, said the two sides reached the agreement early on Monday. The
memorandum of understanding is expected to be signed in Switzerland on Friday
June 19, 2026.
In the meanwhile, Israel pounded Lebanon with
missiles and citing that Iran refused to sign the agreement on Friday and
thereby the conflict is getting extended. Then US negotiation team discussed
with Iranian team assuring they would strictly advice Israel to halt the
offensive and the latter agreed but said they will wait and they are not in a
hurry to sign the deal.
Iranian officials said further negotiations
would take place during a 60-day ceasefire period. The talks will address
sanctions relief and the future of Iran’s nuclear programme.
The agreement could ease pressure on global
energy markets after months of disruption in the Gulf region.
/// Air Cargo News ///
Noida International Airport (NIA) at Jewar officially commenced commercial passenger flight operations on June 15, marking a major milestone for India's aviation sector and strengthening air connectivity in the National Capital Region (NCR).
The
airport welcomed its first scheduled passenger flight—an IndiGo service
arriving from Lucknow—before operating its inaugural departure back to the
Uttar Pradesh capital.
With
the launch, Noida International Airport becomes the newest commercial aviation
gateway in northern India and positions Delhi-NCR as a multi-airport region.
IndiGo
is the first airline to begin commercial services from the airport, with
Lucknow serving as the inaugural destination on its planned network of 16
domestic routes from Jewar.
The
airport is expected to improve regional connectivity, ease congestion at
Delhi’s existing airport infrastructure and support economic growth across
western Uttar Pradesh. Future phases will see expanded domestic and
international operations, enhancing the airport’s role as a key aviation and
logistics hub.
Star Air Launches
Scheduled Flights to Mundra, Expands Domestic Network to 32 Destinations
Regional carrier Star Air has announced the launch of scheduled commercial flight services to Mundra in Gujarat, making it the airline’s 32nd destination in its growing domestic network. The new services will commence on June 23, enhancing air connectivity to one of India’s most important industrial and logistics hubs.
Mundra,
home to the country’s largest private commercial and container port, has
emerged as a key center for trade, manufacturing and logistics activities.
According
to the airline, the new routes will connect Mundra with major business and
regional centers including Mumbai, Hindon (Delhi NCR), Goa, Surat, Belagavi,
Bengaluru, Kolhapur and Nanded, offering improved travel options for business
executives, industrial stakeholders, professionals and tourists.
The
launch is expected to improve connectivity for businesses operating in and
around Mundra’s port led industrial ecosystem while also providing faster
access to key commercial centres across western and southern India.
AISATS handles first domestic freighter
at Noida cargo hub
Air India SATS Airport Services (AISATS) has successfully handled the inaugural domestic freighter flight at the Multi Modal Cargo Hub (MMCH) at Noida International Airport, marking the start of dedicated cargo operations at the facility.
The
Afcom Holdings-operated Boeing 737-800 freighter arrived from Chennai carrying
nearly 20 tonnes of cargo. The shipment included a range of goods, from
perishables to precision components.
The
milestone marks the first domestic freighter movement handled by AISATS at the
cargo hub and highlights the growing cargo capabilities at Noida International
Airport.
AISATS
said its 87-acre integrated cargo ecosystem, which combines the Integrated
Cargo Terminal (ICT) and the Warehousing & Logistics Zone (IWLZ), is
designed to support faster turnaround times, seamless cargo movement and
stronger supply chains across India.
The
company added that the facility will help connect supply markets with
consumption centres in North India while also supporting future trade
connectivity.
Frankfurt expands e-commerce cargo
handling through EDT EU tie-up
Swissport Air Cargo has launched dedicated e-commerce handling services at Frankfurt Airport, expanding its capabilities in a cargo segment that continues to grow alongside rising global online retail volumes.
The
move is aimed at helping customers manage rising shipment volumes through
handling solutions designed to support efficiency and scalability across supply
chains. The expansion builds on an existing partnership between the airport's
cargo operations and EDT EU at Leipzig Airport.
Following
the collaboration's implementation in Leipzig, the partners are now extending
the model to Frankfurt, one of Europe's largest air cargo gateways. The
initiative is intended to bring established operational processes and handling
expertise to a market that is seeing increasing demand from online retail and
cross-border e-commerce activity.
According
to the announcement, the new dedicated handling capability will focus on
providing reliable cargo processing for e-commerce shipments while supporting
customers that require scalable solutions as order volumes continue to rise.
The
service is also expected to strengthen the airport's ability to accommodate
growing cargo flows linked to international online retail networks. The
partnership with EDT EU is expected to combine operational know-how with
handling processes that have already been deployed in Leipzig.
By
replicating that framework in Frankfurt, the companies aim to support the
changing requirements of e-commerce logistics, where speed, consistency and
capacity management have become increasingly important for supply chain
performance.
The
launch reflects a broader trend across the air cargo industry, where airports,
ground handlers and logistics providers are investing in dedicated
infrastructure and specialised handling capabilities to accommodate the
continued expansion of e-commerce.
As
online retail volumes grow across international markets, cargo hubs are seeking
to enhance their ability to process shipments efficiently while maintaining
service reliability for customers.
Alaska Air Cargo, Phox Health expand
same-day medicine delivery
Patients across central and eastern Washington can now receive same-day home deliveries of prescription medicines from healthcare providers in Seattle through a pharmacy logistics service that combines Alaska Air Cargo’s GoldStreak Package Express shipping with technology developed by Phox Health.
The
service is being used to transport temperature-sensitive and high-value
medications, including cancer and fertility drugs, directly from speciality
pharmacies to patients across the state. Seattle-based Phox Health has
integrated its software and logistics network with Alaska Air Cargo’s
next-flight-out shipping service, allowing patients to track their medication
shipments from the provider’s pharmacy to their doorstep.
The
company said between 70 and 90 patients each week in Yakima, Wenatchee and
Spokane currently receive medications from healthcare providers, including UW
Medicine and Providence Swedish, through GoldStreak shipments operating between
Seattle and those communities.
The
initiative addresses a challenge faced by patients who live far from speciality
pharmacies located in urban centres. Speciality medications often require
strict temperature control during transport and can carry a high financial
value. Through the partnership, medications are flown across Washington and
delivered on the same day while maintaining cold-chain requirements.
“Washingtonians
know the airline well, so to see that Alaska Air Cargo is part of their care is
very profound,” said Dr Amit Gir, founder of Phox Health. “Their meds are not
leaving the state. Their meds are staying local, [carried] by an airline they
already know and love.” Phox Health transports prescriptions in reusable
temperature-controlled containers known as PhoxBoxes.
The
containers are designed to preserve product integrity throughout transit and
delivery. Once the medication reaches the patient, the container is returned to
the provider’s pharmacy through Alaska Air Cargo’s network for reuse, creating
a circular logistics process that eliminates the need for single-use packaging
materials.
Describing
the nature of the shipments, Gir said speciality medicines can cost tens of
thousands of dollars and require careful handling throughout transportation.
“It's like shipping a diamond ring that can melt,” Gir said. The company said
its delivery process is designed to maintain the cold chain until the
medication is handed directly to the patient.
“This
cooler is opened up like a pizza delivery cooler, and we hand the patient their
drug in a sealed bag,” Gir said. Most large healthcare providers in the Seattle
metropolitan area now use Phox Health's services. The company is also exploring
expansion opportunities beyond Washington, including potential services
connecting healthcare providers and patients in Hawaii.
According
to Gir, the focus remains on serving patients who live significant distances
from the speciality pharmacies that dispense their medications. Also Read -
Qatar Airways Cargo launches FlexTemp for pharma shipments “It’s our belief
that every patient deserves the best delivery experience for their medication
no matter where they live,” Gir said.
For
Alaska Air Cargo, the partnership expands the healthcare applications of its
GoldStreak Package Express service, which guarantees shipments are available
for pickup within one hour of arrival. The service is already used across the
carrier’s network for transporting medical supplies and laboratory samples to
communities in its operating regions.
“When
a customer chooses GoldStreak, they are trusting us with something they cannot
afford to lose,” said Tony Dimeglio, managing director of operations at Alaska
Air Cargo. “People's lives and livelihoods depend on us.”
The
partnership reflects a broader trend in healthcare logistics, where providers
are seeking faster and more reliable methods to connect patients in remote
locations with speciality medicines.
By
combining air cargo capacity with tracking technology and reusable cold-chain
packaging, the companies aim to reduce delivery times while maintaining product
integrity and visibility throughout the journey.
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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