By Benny Lim        Photo：David Dibert 

Indian appeals court rejects Adani’s plea for Nhava Sheva terminal bidding disqualification

India’s appeals court in Mumbai (Bombay High Court) has rejected the Adani Group’s petition challenging its disqualification from a tender seeking to privatise the state-owned terminal in Nhava Sheva (JNPA)

Designed with a linear quay length of 680 metres and an annual capacity of 1.5 million TEU, the JNPCT began operations in 1989.

JNPCT, being a stand-alone terminal beset with infrastructure shortcomings, has struggled to retain or attract container shipping lines operating regular services on long-haul routes. The terminal currently hosts some intra-Asia and coastal or short-sea connectivity calls. The terminal privatisation is part of a larger government strategy to monetise stressed public port assets.

MSC plans to invest US$6 billion to build a transit terminal in Vietnam

MSC is proposing to build a large new transshipment container terminal near Ho Chi Minh City together with Vietnam Maritime. The project, which calls for a total investment of US$6 billion over the next 18 years, will support the development of MSC and provide an alternative to Singapore, which is currently a major transshipment terminal in Asia. It will also be part of efforts to expand Vietnam's port capacity

The new MSC terminal will focus on transshipment, with as much as 80% of the cargo volume coming from international sources and only 20% dedicated to the domestic Vietnamese market. According to the proposal, construction of the new terminal will start in 2024 and open in 2027. The project is divided into seven phases and is expected to be completed by 2040.

The below is the feedback from China and Southeast Asia branches in week 25, 

Shenzhen

Seaport:

The freight rates to USWC and USEC are still on a downward trend. Rate of Aug is certainly in an unknown situation

Airport:

The space and the freight rate remained stable.

Hong Kong

Seaport:

Due to the pandemic, transportation through Hong Kong has been blocked, and the policy has not been fully recovered.

Airport:

The space of this week is more stable than last week.

Shanghai

Seaport:

The freight rates to US line continue to fall, The pandemic of Covid-19 in Shanghai has begun to spread again, which may cause a drop in the volume of goods

Airport:

Wuzhong District, Wuxi City is blocked due to the epidemic. The delivery fees need to case by case confirmed when pick up the goods.

Rates of this week are dropping down since last week

Ningbo

The market cargo volume continues for a shortage, the rates is slightly dropped down bit, the port of Ningbo continues to be congested

LCL warehouse queues are improved now but truck drivers still need a 24-hour nucleic acid report, green code plus travel code, and some areas need to report or apply for a pass one day in advance

Xiamen

This cargo volume of this week in Xiamen still not yet increase, and the prices has been slightly lowered again compared to last week.

Dalian

The freight rate is on a downward trend this week. SSL continued to adopt the strategy of suspending shipping and skip ports to maintain a balance. It is predicted that the freight rate will increase in the next month.

In terms of transportation, truck drivers still need 48 hours of nucleic acid

Qingdao

The spaces are abundant, and the carrier can release spaces subject to roll. Due to weather in Qingdao, the ship has been delayed about 3-7days to onboard.

The LCL warehouse is still having a bad congestion, and it takes a day to queue up

Tianjin

Seaport:

This week, the rates continued to show a downward trend, and the space was sufficient.

Airport:

The rates has been slightly lowered.CX and QR launched the intermodal service from Beijing Airport this month. The first journey is to carry CX from PEK to HKG, connecting QR's flight at HKG to DOH and transfer to the destination.

Thailand

Seaport:

Laem Chabang Port initiated Phase III of its terminal development project. The added infrastructure will establish Laem Chabang Port as one of Asia’s major gateways with improved container throughput capacity, expanded the network of domestic connections with rail and barge services, and the digitalization of its operations and is due to finish by mid-2025.

Airport:

The airfreight rate still not change from last week but Fuel and Crisis Surcharge is increases which effective 16-31 July 2022

Vietnam

The number of vessel cancellations will decrease in the coming weeks as port congestion improves and roll-over rates at transshipment hubs decrease and the carriers get ready for the start of the annual peak season.

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