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 September 29, 2026
Today’s
Exchange Rates
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Currency ▲ |
Price |
Change |
%Change |
Open |
Prev.Close |
Day's Low-High |
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95.98 |
0.150002 |
0.156529 |
95.88 |
95.83 |
95.88 - 95.9975 |
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1.1372 |
-0.0019 |
-0.166795 |
1.1381 |
1.1391 |
1.1366 - 1.1391 |
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127.2603 |
0.391403 |
0.30851 |
126.985 |
126.8689 |
126.9747 - 127.3907 |
|
|
109.1858 |
0.033897 |
0.031055 |
109.1949 |
109.1519 |
109.1165 - 109.2942 |
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|
157.074 |
-0.205994 |
-0.130973 |
157.28 |
157.28 |
156.509 - 157.857 |
|
|
1.3255 |
0.0008 |
0.060392 |
1.322 |
1.3247 |
1.3224 - 1.3275 |
|
|
0.6115 |
0.0037 |
0.608756 |
0.6092 |
0.6078 |
0.6071 - 0.6129 |
/// Sea Cargo News ///
₹17,167-Crore Outer
Harbour Project Approved for V.O. Chidambaranar Port
The Cabinet Committee on Economic Affairs (CCEA) has approved the ₹17,167-crore Outer Harbour Project at V.O. Chidambaranar Port (VOCPA), Thoothukudi, marking a major expansion of the port’s maritime infrastructure.
The project is aimed at creating new harbour
infrastructure and expanding container terminal capacity, supporting the
long-term growth of VOCPA and strengthening Thoothukudi’s role as a key
maritime gateway for southern India.
The proposed Outer Harbour development is
expected to enhance the port’s capacity to handle growing cargo volumes and
improve its ability to serve regional trade and connectivity requirements.
The project reflects the Government of
India’s focus on developing modern maritime infrastructure and strengthening
the country’s port-led development strategy under the broader vision for a
globally competitive maritime sector.
TICT Crosses 30,000
TEUs in a Single Month at VOC Port
Tuticorin International Container Terminal (TICT) at Berth No. 9 of V.O. Chidambaranar Port Authority (VOCPA) has crossed 30,000 TEUs in a single month for the first time since commencing operations in September 2024.
The milestone marks a significant achievement
for the terminal and highlights the growing container-handling activity at VOC
Port. VOCPA said the performance reflects strong coordination, operational
support and continued cooperation between the port authority, TICT and other
stakeholders.
The achievement comes in a notable month for
VOC Port, which also recorded the berthing of the longest-ever vessel in the
port’s history, further underscoring the port’s expanding capabilities in
handling larger vessels and increasing cargo volumes.
VOCPA has appreciated TICT and all
stakeholders for their continued partnership and contribution towards
strengthening container operations at the port.
JSW Tuticorin
Multipurpose Terminal Sets New 24-Hour Coal Discharge Record
JSW Tuticorin Multipurpose Terminal Private Limited has set a new operational benchmark by achieving its highest-ever 24-hour discharge of 43,052 MT of steam coal from the vessel MV AQUA VITA GLORY.
The record was achieved over a continuous
24-hour period from 14:15 hrs on September 24, 2026, to 14:15 hrs on September
25, 2026, surpassing the terminal’s previous best of 41,853 MT, recorded on
February 5, 2026. The milestone comes during the terminal’s ongoing interim
operations, which commenced on May 7, 2026.
The latest achievement highlights the
terminal’s cargo-handling capabilities and operational efficiency, while
demonstrating its continued focus on improving productivity and performance in
bulk cargo handling.
Paradip Port Records
1,491% Surge in Pig Iron Cargo Handling
Paradip Port has recorded a sharp increase in pig iron (PIGI) cargo handling during FY 2026-27, with volumes rising to 5,50,152 MT up to August, compared with 34,569 MT during the corresponding period.
The cargo volume represents an impressive
1,491.46% growth, highlighting a significant expansion in pig iron handling at
the port. The substantial increase underscores Paradip Port’s growing role in
handling diverse bulk cargo and supporting the movement of industrial
commodities through India’s maritime trade network.
The surge also reflects the port’s expanding
contribution to the logistics requirements of the steel and manufacturing
sectors.
Rice Exports to 26 Key
Markets Surpass Three-Year Average
India’s rice exports to 26 priority overseas markets have moved above their three-year average, indicating stronger demand for Indian rice across several important destinations.
According to the Indian Rice Exporters
Federation (IREF), export performance across these markets has strengthened,
with shipments showing an improvement compared with the average levels recorded
over the previous three years.
The development comes as India continues to
remain a major supplier in the global rice trade. Indian exporters serve a wide
range of markets with both basmati and non-basmati varieties, catering to
demand from Asia, Africa, the Middle East and other regions.
Higher shipments to priority markets could
provide support to India’s agricultural export sector and benefit farmers,
millers, traders and logistics operators involved in the rice supply chain.
Exporters are also monitoring international
prices, crop availability, freight costs and trade policies in destination
countries, all of which influence the competitiveness of Indian rice in global
markets.
The stronger performance across the 26
markets highlights the continued importance of market diversification for
India’s rice export industry. Expanding shipments to established and emerging
destinations can help exporters reduce dependence on individual markets and
build a broader overseas customer base.
With global food demand remaining
significant, sustained export growth will depend on India’s ability to maintain
competitive pricing, consistent quality and reliable supply.
The latest IREF assessment indicated that
India’s rice exports to key international markets are maintaining positive
momentum, strengthening the country’s position in the global rice trade.
UAE Tightens Maritime
Cargo Reporting Rules From October
The United Arab Emirates is set to fully enforce its Maritime Pre-Load Cargo Information (MPCI) requirements from October, introducing stricter cargo-data reporting obligations for shipments moving through the country’s maritime gateways.
Under the requirements, carriers and other
parties involved in maritime trade will need to ensure that prescribed cargo
information is submitted before goods are loaded for transport.
The system is designed to provide UAE
authorities with cargo data earlier in the supply chain, supporting risk
assessment and customs controls.
The tighter enforcement will require shipping
lines, freight forwarders, exporters and importers to pay closer attention to
the accuracy, completeness and timely submission of shipment information.
Missing or incorrect data could result in delays or additional compliance
procedures.
Pre-loading cargo information is increasingly
being adopted by Customs administrations worldwide as authorities seek greater
visibility over international supply chains. Advance data allows authorities to
identify potential risks before cargo reaches the destination port.
For business trading through UAE ports, the
new enforcement phase means cargo documentation and data-management processes
may need to be reviewed ahead of October. Companies will also need to
coordinate closely with carriers and logistics providers to ensure required
information is available within the prescribed timelines.
The UAE is a major regional logistics and
transhipment hub, with ports serving cargo moving between Asia, Europe and the
Middle East. Any changes to cargo-reporting procedures can therefore affect a
broad range of international shipments.
The full enforcement of MPCI requirements is
expected to place greater emphasis on advance data quality and regulatory
compliance across maritime supply chains using UAE ports.
Maersk Imposes
Emergency Surcharges of Up to $4,800 Amid Hormuz Disruptions
Maersk has introduced emergency freight surcharges of up to $4,800 per container on shipments affected by disruptions around the Strait of Hormuz. The surcharge applies to cargo loaded from or destined for Iraq, Kuwait, Bahrain, Qatar, the UAE, Dammam and Jubail in Saudi Arabia, and Oman, excluding Salalah.
The carrier has set the emergency charge at
$1,800 for 20-foot dry containers and $3,000 for 40-foot dry containers.
Refrigerated containers and equipment carrying special or dangerous cargo will
attract a surcharge of $3,800 per container.
An additional $1,000 per container will apply
to cargo transported aboard vessels transiting the Strait of Hormuz, covering
higher insurance costs and crew risk compensation.
Maersk said the charges will help recover
additional costs arising from alternative routings, storage, extra
transportation and the movement of cargo from temporary storage facilities to
final destinations once onward transport becomes safe.
The carrier is routing Upper Gulf cargo
through Salalah and Khor Fakkan while Saudi import and export cargo will
continue through Jeddah. Booking restrictions remain in place across parts of
the region, particularly for refrigerated, dangerous, out of gauge and
other specialized cargo. Maersk said
priority attention will be given to essential food, medicines and other
perishable goods.
/// Air Cargo News
///
Ariana Airlines
Expands Kabul–Delhi Cargo Service
Afghanistan’s Ariana Afghan Airlines is expanding its Kabul–Delhi cargo service, increasing flight frequency to support growing trade and cargo movement between Afghanistan and India.
The
additional cargo flights will provide exporters and importers with greater air
freight capacity on the route, creating more opportunities for time-sensitive
and high-value shipments between the two markets.
The
Kabul–Delhi connection is important for the movement of Afghan products to
Indian markets, particularly commodities that require faster transportation.
Increased air cargo capacity can help exporters access international markets
while providing importers with more regular supply options.
The
expansion is also expected to improve connectivity for businesses that rely on
air freight and reduce dependence on limited existing cargo capacity. More
frequent services can provide greater flexibility in shipment planning and help
businesses respond more quickly to market demand.
For
Afghanistan, stronger air connectivity with India supports efforts to expand
bilateral trade and improve access to one of the region’s major consumer
markets. For Indian businesses, increased cargo connectivity can facilitate the
movement of Afghan-origin products and other commercial shipments.
Ariana
Airline’s decision to increase services reflects the importance of Kabul-Delhi
air connectivity in supporting trade between the two countries. The additional
capacity is expected to strengthen the air cargo link and provide businesses
with more options for transporting goods.
Embraer Chooses
Mahindra, Adani for Indian Aircraft Partnerships
Brazilian aircraft manufacturer Embraer has selected Mahindra Group as its industrial partner for a potential Indian Air Force transport aircraft programme involving up to 60 aircraft, while Adani Group will partner the company on commercial aviation opportunities in India.
The
partnerships are expected to strengthen Embraer’s presence in India and support
the company’s broader strategy of developing local industrial and aerospace
capabilities. Under the proposed defence programme, Embraer is seeking to work
with Mahindra on the C-390 Millennium military transport aircraft.
The
aircraft is designed for a range of missions, including troop and cargo
transport, aerial refuelling and humanitarian operations. The Indian Air Force
requirement could involve around 60 medium transport aircraft.
Lufthansa Cargo adds emergency product
for ultra urgent shipments
Lufthansa
Cargo has added a new emergency product that can be tagged onto its other
services for critical shipments that require absolute priority.
The
cargo division said that its new add-on service offers the “highest transport
priority”, regardless of the booked product, shipment size or weight and can
even be used on short-notice bookings, up to the Latest Acceptance Time.
“The
service is tailored for highly critical shipments, both planned and unexpected,
that require the highest transport priority and dedicated handling throughout
the entire journey,” Lufthansa Cargo explained.
Emergency
is available to be used as an add-on for the products General Cargo, Dangerous
Goods, Passive Temp Support and Vulnerables, in combination with the td.Flash
and td.Zoom speeds.
It
also includes a money-back guarantee if the shipment is not available for
collection within six hours after the specified Time of Availability and can be
booked online.
The
company said examples include urgently needed spare parts and machinery, as
well as life-saving pharmaceuticals and medical samples, for which reliable
transportation and guaranteed uplift must be ensured.
Shipments
booked with the add-on service Emergency are clearly identified and subject to
enhanced monitoring throughout the transport operation.
Additional
dedicated monitoring is provided at Lufthansa Cargo’s hubs in Frankfurt,
Munich, and Vienna.
“In
Frankfurt, shipments are handled around the clock via the time:matters Courier
Terminal in Cargo City North. Its direct access to the apron and dedicated
handling processes enable particularly short transfer routes and support fast,
prioritised handling,” the division explained.
The
service also includes 24/7 customer service that will monitor the shipment
so irregularities can be identified at an early stage, and appropriate
corrective measures can be taken.
It
is available across the Lufthansa Group network at more than 200 stations
worldwide.
The
firm’s add-on services allow customers to complement their bookings with
additional services based on the product, speed and routing.
In
addition to Emergency, the portfolio includes Sustainable Choice, Personal
Supervision, smartULD, toDoor, and Insurance.
Lufthansa
Cargo began integrating
its various “add-on” services into the booking process to make it easier to
select the optional products earlier this year.
Ethiopian Cargo places its capacity on
the CargoAi portal
Ethiopian
Airlines Cargo has placed its capacity with online booking portal CargoAi as
part of efforts to enhance its digital services and expand its customer base.
The
new partnership means Ethiopian will be able to offer e-booking of its flights
with real-time rate visibility to the freight forwarder users of CargoAi’s
CargoMART portal.
Its
capacity will also appear on those transport management systems that have
connected to the CargoAi system.
“Through
this integration, more than 30,000 freight forwarders across Europe, Africa,
the Middle East and Asia gain seamless access to Ethiopian Cargo’s general
cargo and express services,” CargoAi said in a press release.
The
integration will also allow Ethiopian Cargo to leverage CargoAi’s interline
capabilities for services on partner airline flights.
“Digitalisation
is a key pillar of Ethiopian Cargo’s long-term strategy,” said managing
director of Ethiopian Cargo and Logistics Services, Dereje Derero.
“Partnering
with CargoAi allows us to bring our services closer to freight forwarders
worldwide by offering a modern, seamless booking experience.
“This
step reinforces our commitment to innovation and to delivering agile,
data-driven solutions that meet the
evolving needs of the global air cargo industry.”
CargoAi
chief executive Matthieu Petot added: “Ethiopian Cargo is a global leader in
air cargo operations, and this partnership reflects a shared ambition to drive
digital excellence.”
The
move is the second digital development at the airline this year. In March,
Ethiopian Cargo announced
that it would join
WebCargo by Freightos, the digital booking and payment platform.
Hacis extends SuperLink China Direct
service to Vietnam
A new road-air cargo link connecting Vietnam with the Chinese Mainland and Hong Kong is set to boost cargo flows through HKIA while offering shippers greater routing flexibility. BySTAT Times|22 Sept 2026 11:13 AM Hong Kong Air Cargo Industry Services (Hacis), the value-added logistics arm of Hong Kong Air Cargo Terminals (Hactl), has announced the extension of its SuperLink China Direct service to Vietnam.
This
strategic expansion will bring additional cargo flow to the Hong Kong
International Airport (HKIA), further strengthening the city’s position as a
leading global air cargo hub. It will also benefit the airfreight and logistics
industries as well as customers, while offering Vietnamese enterprises and
overseas shippers a more convenient and cost‑effective logistics and air-road
intermodal solution, creating a win‑win outcome for stakeholders.
Building
on the proven SuperLink China Direct model Hacis’ scheduled, Customs-bonded
road feeder service connecting HKIA with the Chinese Mainland the new service
extends Hacis' cross-boundary network to Vietnam.
Under
the Single E-lock Scheme, a successful trial of the extended Hacis SuperLink
China Direct service has already been completed, with Hacis partnering with
Vietnamese logistics company U&I Logistics Corporation to deliver Hong
Kong’s first pilot shipment under a seamless logistics solution connecting
Vietnam, the Chinese Mainland, and Hong Kong.
The
import shipment was transported from Vietnam by truck to Wuzhou, before being
carried onward to Hong Kong via Hacis’ Customs-bonded road feeder services. The
new service is expected to drive additional import and export cargo flows
through Hong Kong, supporting cargo growth at HKIA while creating new business
opportunities for freight forwarders and logistics providers.
It
will also give Vietnamese companies and overseas shippers greater flexibility
in routing cargo to international markets through Hong Kong and the Chinese
Mainland. By combining Hong Kong’s Single E-lock Scheme with Hacis’
Customs-bonded road feeder services, the solution aims to deliver a more
seamless, secure, and efficient logistics process while strengthening trade and
cargo connectivity between Vietnam, Hong Kong, and global markets.
Ringo
Chan, Executive Director of Hacis, said, “With the support of the Customs in
Hong Kong and the Chinese Mainland, SuperLink China Direct has become a trusted
cross-boundary logistics solution connecting Hong Kong with the Chinese
Mainland.
The
extension to Vietnam marks the first expansion of this proven intermodal
network beyond the Chinese Mainland, with the potential to extend further into
other parts of Asia in future, further strengthening Hong Kong’s regional
connectivity. By linking Vietnam with Hong Kong’s extensive global air cargo
network, the new service provides customers with more routing options and
greater flexibility, while generating additional cargo flows through Hong Kong
and creating new opportunities for the logistics industry.”
Nguyen
Xuan Phuc, Chief Executive Officer of U&I Logistics Corporation, states,
“SuperLink China Direct is an innovative solution that combines efficiency and
cost‑effectiveness. We are delighted with our collaboration with Hacis, which
opens a brand‑new logistics route for Vietnamese enterprises beyond traditional
sea and air transport, enabling cargo to move by land through the Chinese
Mainland and Hong Kong and further connecting to international markets.
It
not only enhances the flexibility and reliability of cross‑border
transportation but also provides businesses with diversified options. We
believe this initiative will help strengthen trade between Vietnam, the Chinese
Mainland and Hong Kong, creating mutual benefits for all parties.”
Under
the Single E-lock Scheme, Hacis has successfully completed a trial of the
extended SuperLink China Direct service, handling Hong Kong’s first pilot
shipment through an integrated logistics route connecting Vietnam, the Chinese
Mainland and Hong Kong. The import cargo was transported by truck from Vietnam
to Wuzhou before being moved onward to Hong Kong through Hacis’ Customs-bonded
road feeder service.
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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