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Wan Hai Lines Launches New India–East Med 2 (IM2) Service

Expanding Direct Shipping Connectivity Between India and Eastern Mediterranean

Wan Hai Lines has officially launched its India–East Med 2 (IM2) service — a strategic move aimed at strengthening trade routes between India and the Eastern Mediterranean. The new service, which commenced on June 1, 2025, marks a significant expansion of Wan Hai’s global network.
The IM2 service directly connects key ports in India, Saudi Arabia, Egypt, and Turkey, offering faster and more efficient transit for exporters and importers along this high-potential corridor.

Joint Operation & Route Overview

The IM2 service is a joint operation with Emirates Shipping Line FZE, featuring:
  • 4 vessels with a nominal capacity of 2,700–2,800 TEU each
  • Wan Hai Lines contributing 1 vessel
  • A fixed 28-day round-trip schedule, ensuring consistency and planning ease

Port Rotation:

Mundra – Jeddah – Suez – Alexandria – Mersin – Suez – Jeddah – Mundra
This port rotation enhances coverage in the Middle East and Eastern Mediterranean, supporting increased cargo movement across South Asia, North Africa, and Southern Europe.

Key Highlights:

  • New direct India–East Med route to improve shipping speed and frequency
  • Joint venture with Emirates Shipping Line strengthens fleet and reliability
  • Scheduled round trips every 28 days, offering dependable transit times
  • Strategic port calls include Alexandria, Mersin, and Jeddah – boosting connectivity with Europe and the Middle East
  • Supports growing trade volumes between India and Mediterranean economies
Wan Hai Lines emphasized that this service aims to meet increasing customer demand for efficient, scheduled, and wider-reaching logistics solutions in the region. With supply chains shifting and demand rising, IM2 is expected to become a critical conduit for trade across these fast-growing markets.
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India’s April–May 2025 Export Surge Led by Services, Electronics & Pharma: Trade Deficit Widens Slightly

India’s export economy continues to show resilience in the face of global uncertainty. The combined exports of merchandise and services for April–May 2025 stood at ₹12.23 lakh crore (US$ 142.43 billion) — marking a 5.75% growth over the same period last year, according to fresh data released by the Ministry of Commerce.

The growth was fueled primarily by strong service sector performance and an impressive rise in exports of electronic goods, pharmaceuticals, and marine products. However, rising imports caused a slight widening in the trade deficit.

India’s Export-Import Snapshot: April–May 2025

  • Total Exports (Goods + Services):

₹12,23,900 crore (US$ 142.43 billion)
Up 5.75% YoY

  • Merchandise Exports:

₹6,63,293 crore (US$ 77.19 billion) Up 3.07%

  • Services Exports:

₹5,60,607 crore (US$ 65.24 billion)
Up 9.11% — continues to outperform goods

  • Total Imports:
₹13,71,185 crore (US$ 159.57 billion) Up 6.52% YoY
  • Trade Deficit:
₹1,47,284 crore (US$ 17.14 billion) Widened from ₹1,29,926 crore (April–May 2024)

May 2025 Monthly Highlights

  • Merchandise Exports:
₹3,32,806 crore (US$ 38.73 billion) Slight dip due to softening demand in metals and textiles
  • Services Exports:
₹2,78,327 crore (US$ 32.39 billion) Up from ₹2,54,438 crore in May 2024

Fastest-Growing Export Categories

  • Electronic Goods:
54.10% YoY — driven by global demand and domestic manufacturing push (PLI schemes)
  • Marine Products:
26.79% — strong performance in frozen shrimp and aquaculture
  • Pharmaceuticals:
7.38% — consistent exports to the US, EU, and Latin America
  • Non-Petroleum, Non-Gems & Jewellery (NPGJ) Exports:
₹5,52,100 crore (US$ 64.25 billion) 7.53%

Top Export Destinations: Strong Growth

  • United States:
21.78% — led by IT services, electronics, and generics
  • Australia:
50.76% — strong demand in industrial goods and tech
  • China:
18.75% — notable recovery in trade flow

Import Highlights

  • Declining Imports:
  • Petroleum products
  • Fertilizers (domestic production easing reliance)
  • Key Import Growth Drivers:
  • UAE: 52.08% — gold, energy, and electronics
  • Ireland: 287.99% — biotech and pharmaceutical machinery

Key Trends & Takeaways for Logistics Stakeholders

  • Services continue to drive India’s trade performance, especially in IT and Consulting
  • PLI schemes are strengtheni1ng high-value manufacturing, visible in electronics and pharma exports.
  • Rising imports and global commodity fluctuations are pushing up the trade deficit.
  • New trade corridors with Australia and China highlight opportunities for east-bound logistics.
  • Logistics providers must stay agile and realign networks to leverage new export hotspots and import risks.
  • Supply chain players should monitor FX movements, as a weakening rupee may further impact the import-export cost equation.

Final Word

India’s strong start to FY 2025–26 sends a positive signal, but widening trade deficits and global uncertainties underline the need for strategic logistics and sourcing decisions. Stakeholders in freight forwarding, warehousing, and cross-border trade must keep a close eye on changing trade lanes and government policy shifts.
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India Targets ₹8,549 Crore in Turmeric Exports by 2030: Major Push for Agri-Logistics & Global Trade

In a significant move to strengthen India’s agricultural exports and rural economy, Union Home Minister and Minister of Cooperation Mr. Amit Shah, announced a ₹8,549 crore (US$1 billion) turmeric export target by 2030. The announcement came during the inauguration of the National Turmeric Board Headquarters in Nizamabad, Telangana.
The newly established board is designed to transform the turmeric value chain—from production and processing to global marketing and exports—while directly addressing the long-standing demands of turmeric farmers.

Key Highlights:

  • Export Target: ₹8,549 crore (US$1 billion) in turmeric exports by 2030.
  • New National Turmeric Board: Launched in Nizamabad, Telangana to focus on:
  • International branding and marketing
  • Packing and logistics support
  • Facilitating overseas exports
  • Farmer Support:
  • Ensuring remunerative prices for growers
  • Rs. 200 crore (US$23.39 million) allocated for:
  • Research & Development
  • Quality enhancement
  • Increasing farmer incomes
  • Political Context: Fulfills a 2023 election promise by PM Narendra Modi to Telangana farmers.
  • Strategic Vision: Aligned with India’s broader agri-export strategy to increase global market share through structured value-added supply chains and export-led growth.
This initiative not only reflects India’s ambition to dominate the global turmeric market but also signals a major shift towards organized agricultural logistics, export infrastructure, and farmer empowerment.
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India Exports Rose-Scented Litchi from Pathankot to Qatar and UAE in First-Ever Dual Shipment

In a sweet breakthrough for India’s horticultural exports, the first-ever consignment of rose-scented litchis from Pathankot, Punjab, was successfully shipped to Doha, Qatar, and Dubai, UAE, on June 23, 2025. This milestone marks a major step in India’s agri-export journey, showcasing premium fruit varieties on global shelves.
The shipment was jointly flagged off by the Agricultural and Processed Food Products Export Development Authority (APEDA) and the Department of Horticulture, Punjab, under the broader support of the Ministry of Commerce and Industry and the Ministry of Agriculture and Farmers Welfare.

Key Highlights:

  • 1 metric tonne of rose-scented litchi exported to Qatar, and 0.5 metric tonnes to UAE from Pathankot.
  • Sourced from progressive farmer Mr. Prabhat Singh of Sujanpur, ensuring traceable and premium quality.
  • Shipment supported by APEDA, Punjab Horticulture Dept., and retail giant Lulu Group.
  • Punjab contributed 71,490 MT (12.39%) to India’s total litchi production in FY24, as per the National Horticulture Board.
  • India’s fruit and vegetable exports touched ₹33,085 crore (US$ 3.87 billion) in FY25 — up 5.67% YoY.
  • While mangoes, bananas, grapes, and oranges dominate, new heroes like litchi, cherries, and jamun are gaining traction globally.

Why It Matters:

This dual-export event not only highlights India’s growing global footprint in high-value horticultural products but also opens up new revenue channels for farmers, especially in northern states like Punjab. It reflects the success of India’s targeted agri-export policies, value-chain support from APEDA, and collaboration with private players.
“This shipment is a testament to the export potential of Indian fruits beyond traditional varieties,” said an official from APEDA. “We aim to continuously strengthen global linkages for our farmers and agri-entrepreneurs.”
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Odisha Accelerates Port Infrastructure with ₹18,654 Cr Investment – Gopalpur Expansion & New Jetty Near Paradip

In a major move to strengthen its maritime infrastructure and boost logistics-led development, the Odisha government has signed two major concession agreements involving a combined investment of ₹18,654 crore (~US$ 2.23 billion). These agreements are expected to create approximately 8,450 jobs, enhancing the state’s position as an emerging logistics and trade hub on the eastern coast.

Highlights of the Agreements:

  • ₹2,100 crore captive jetty by JSW Utkal Steel:
  • Location: Jatadhara Muhan, Jagatsinghpur district (near Paradip)
  • Capacity: 52 million metric tons of cargo annually
  • Jobs Generated: ~3,450 direct & indirect jobs
  • ₹16,554 crore expansion of Gopalpur Port by Gopalpur Ports Ltd (Adani Ports):
  • Upgraded handling capacity: 50 million metric tons
  • Employment: ~5,000 direct & indirect opportunities
  • Total projected cargo handling capacity addition: 102 million metric tons annually

Strategic Goals Behind the Projects:

  • Public-Private Partnership (PPP) model is central to Odisha’s port-led growth strategy.
  • Chief Minister Mohan Charan Majhi emphasized the state’s intent to become a maritime trade hub.
  • Additional port developments underway:
  • New ports planned at Inchudi and Bahuda
  • Ongoing development at Subarnarekha and Astaranga

Officials & Industry Leaders Present:

  • Chief Minister: Mohan Charan Majhi
  • Commerce & Transport Minister: Bibhuti Bhushan Jena
  • Fisheries Minister: Gokulanand Mallick
  • Senior bureaucrats and industry heads including:
  • Anil Kumar Singh (President, JSW Utkal Steel)
  • Sandeep Jaiswal (Business Head, Gopalpur Ports Ltd)

Why This Matters for India’s Maritime Sector:

  • Marks a significant step in decentralizing port capacity beyond major ports.
  • Enhances industrial logistics for Odisha’s mineral-rich hinterlands and manufacturing clusters.
  • Boosts employment, trade volume, and private investment in Eastern India.
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ONE Revises WIN Service Rotation on US East Coast to Boost Efficiency

Ocean Network Express (ONE) has announced a strategic update to its WIN service rotation on the US East Coast. The key change involves shifting the Norfolk port call earlier in the sequence, aiming to enhance port connectivity and improve overall schedule efficiency.

New Rotation to Take Effect:

With the ONE THESEUS V.0092E/W, starting from Hazira on July 26, 2025.
  • Rotation Changes – At a Glance:
  • Old Rotation:
Hazira → Nhava Sheva → Mundra → New York → Savannah → Jacksonville → Charleston → Norfolk → Hazira
  • New Rotation:
Hazira → Nhava Sheva → Mundra → New York → Norfolk → Savannah → Jacksonville → Charleston → Hazira

Why It Matters:

This adjustment is designed to:

  • Reduce transit times to Norfolk
  • Optimize vessel scheduling
  • Strengthen port performance and service reliability across the US East Coast
  • Recent Milestones by ONE:
  • Naming of the ONE Singapore:
Held at Imabari Shipbuilding’s Hiroshima Shipyard (Japan), this marks the sixth vessel in ONE’s 20-ship series of methanol and ammonia-ready containerships, showcasing its commitment to green shipping.
  • Wartsilas Retrofit for ONE Maestro:
ONE has partnered with Wärtsilä for a Fit4Power conversion package, enabling radical derating to improve fuel efficiency on the vessel ONE Maestro—part of its push towards more sustainable operations.

Quick Highlights:

  • ONE adjusts WIN rotation: Norfolk moved up after New York
  • New rotation begins July 26 with vessel ONE THESEUS
  • Part of broader efficiency and green initiatives
  • Naming of methanol-ready “ONE Singapore” ship in Japan
  • Wartsila retrofit for ONE Maestro supports sustainable operations
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Adani Ports & JSW to Ink Mega Port Deals with Odisha Government

Two major agreements set to reshape India’s eastern maritime corridor will be signed today, as Adani Ports and Special Economic Zone Ltd (APSEZ) and JSW Utkal Steel Ltd partner with the Odisha government to bolster port infrastructure at Gopalpur and Jatadhar Muhan, respectively.

Adani Ports to Transform Gopalpur into a Mega Port

  • Investment: ₹15,000 crore ($1.75 billion)
  • Project:Expansion of Gopalpur Port by APSEZ after acquiring majority stake from Shapoorji Pallonji Group.
  • Objective: Develop Gopalpur as a mega port on the eastern coast, integrated with APSEZ’s network (Dhamra & Gangavaram ports).
  • Location Advantage: Strategically situated between Paradip and Visakhapatnam.
  • Current Capacity: 20 million tonnes per annum (mtpa); handles dry bulk cargo like iron ore, coal, limestone, and alumina.
  • Land Allotted: 500+ acres on lease; provision for additional land for future expansion.
  • Connectivity: Linked to NH16 and Chennai-Howrah railway corridor.
  • Revenue Share: 7.5% to Odisha government.
  • Concession Period: 30 years with two possible 10-year extensions.

JSW to Build Captive Jetty at Jatadhar Muhan

  • Investment: ₹3,000 crore ($351 million) by JSW Utkal Steel Ltd, a JSW Group unit.
  • Purpose: Construct a captive jetty to support its integrated steel plant in Jagatsinghpur district.
  • Expected Cargo Handling: 55 mtpa at full capacity.
  • Royalty Payment: ₹25–35 per tonne to the state government.
  • Concession Term: Linked to the lifespan of the steel plant.
  • Strategic Benefit: Reduces reliance on external ports, enhances supply chain efficiency for JSW.

Strategic & Economic Impact

  • Combined Investment: Over ₹18,000 crore ($2.1 billion).
  • Jobs Created: Approx. 8,500 direct and indirect employment opportunities.
  • State Vision Alignment: Supports Odisha’s goal to become an industrial and logistics hub on India’s east coast.
  • National Alignment: Advances India’s Blue Economy goals and the Sagarmala initiative.
  • Transaction Advisor: Black Brix (Kalinth Advisors Pvt Ltd) advised the Odisha government on both deals.
These landmark agreements signal a new era of port-led development in Odisha, reinforcing its status as a rising maritime and industrial powerhouse on India’s eastern seaboard.
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US Trade Policies Are Turning Saudi Arabia into the Next Global Logistics & Manufacturing Powerhouse

In today’s dynamic global trade environment, Saudi Arabia is rapidly emerging as a key player in global manufacturing and logistics — a transformation largely fueled by shifts in US trade policies. As American economic strategies push companies to diversify supply chains away from China, Saudi Arabia is stepping up as a competitive, well-connected alternative for global production and export.

The US-China Trade Shift: Why Manufacturers Are Looking to Saudi Arabia

For decades, China was the undisputed center of global manufacturing. But in recent years, US trade policies have introduced heavy tariffs on Chinese imports — some reaching up to 25% or more on electronics, machinery, and metal goods — making Chinese-made products more expensive for American consumers.
To reduce risk and dependency, the US government has been encouraging companies to relocate production or assembly operations to ‘friendly’ trade regions such as Saudi Arabia, which enjoys preferential trade terms, lower duties, and no punitive tariffs.
This evolving strategy, known as “friend-shoring”, is motivating many global manufacturers to explore Saudi Arabia as a base for production, assembly, and global re-export — particularly to American and European markets.

Saudi Arabia’s Ambitious Push to Build a Logistics Empire

Recognizing this opportunity, Saudi Arabia has launched bold investments to make itself the manufacturing and logistics heart of the Middle East — and potentially a rival to global trade giants like Singapore or Rotterdam.

Massive Port Upgrades: NEOM, Jeddah, Dammam

  • Port of NEOM: A futuristic mega-port projected to handle 12 million TEUs annually, integrated into Saudi’s $500 billion NEOM smart city.
  • Jeddah Islamic Port: Expansion of container terminals is set to increase capacity to 9 million TEUs by 2030 — serving 65% of the country’s sea trade.
  • King Abdulaziz Port (Dammam): Capacity doubling to 7.5 million TEUs to meet demand for Gulf and Asia-bound trade.

Special Economic Zones (SEZs) to Attract Manufacturers

Saudi Arabia’s tax-free industrial zones offer:

  • Full foreign ownership,
  • Corporate tax exemptions for up to 50 years,
  • Proximity to major ports.
  • Simplified customs clearance,

These SEZs are drawing companies in electronics, auto parts, chemicals, and textiles — sectors directly impacted by US tariffs on Chinese exports.

Strengthening US-Saudi Trade Links

  • In 2024 alone, non-oil exports from Saudi Arabia to the US rose by 11%, especially in electronics and industrial goods.
  • Rebranded or reassembled goods made in Saudi can enter the US with lower tariffs compared to Chinese-made products, offering significant cost savings.

The New Global Trade Route: China ➔ Saudi Arabia ➔ USA

Manufacturers are shifting their logistics chains:

  • Raw materials and parts from China are now shipped to Saudi Arabia for assembly.
  • Finished products are exported directly to the US, Europe, or Africa, avoiding high China-origin tariffs.
  • Saudi Arabia’s proximity to both Asian suppliers and Western buyers makes this shift efficient and profitable.
This shift is expected to drive a 20–25% increase in transshipment traffic through Red Sea ports over the next 5 years (Source: IAPH 2025 Forecast).

Challenges Along the Way

Despite its promise, the transformation isn’t without hurdles:

  • Operational bottlenecks and customs inefficiencies at ports like Jeddah Islamic Port remain a concern.
  • Geopolitical tensions in the region occasionally disrupt shipping schedules.
  • Workforce and supply chain management still require technological upgrades.
Saudi authorities are responding by digitizing customs processes and inviting private sector logistics companies to invest in port operations.

What This Means for Global Manufacturers & Freight Providers

  • Cost Savings: Avoid high tariffs on China-made goods bound for the US and EU.
  • Strategic Location: Saudi Arabia bridges Asia, Europe, and Africa by sea.
  • Incentives: Tax holidays, SEZ benefits, and streamlined trade regulations.
  • Modern Infrastructure: State-of-the-art ports and upcoming manufacturing zones.
For global traders, freight forwarders, and supply chain operators, Saudi Arabia’s rise as a logistics hub is not a distant possibility — it’s happening now.

CargoNet: Your Partner in Navigating the New Saudi Trade Route

At CargoNet, we help logistics companies, NVOCCs, and freight forwarders adapt to these global shifts. Our AI-driven freight management platform simplifies operations in the complex Saudi-China-US corridor — from booking and documentation to customs clearance and cargo visibility.
  • Seamless management of Saudi-bound and US-bound shipments
  • Real-time tracking for multi-country transshipments
  • Optimized route planning and port intelligence
Start your 60-day free trial today.
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India Opens Doors to Global EV Giants with New Manufacturing Scheme Portal

In a major push to position India as a global hub for electric vehicle (EV) manufacturing, the Ministry of Heavy Industries (MHI) has officially launched the online application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).
Portal Open: Applications accepted from June 24 to October 21, 2025 Scheme originally notified on March 15, 2024, with detailed guidelines released on June 2, 2025

Key Highlights of the SPMEPCI Scheme:

  • Global Investment Magnet: Designed to attract international EV manufacturers to set up production in India
  • Make in India & Aatmanirbhar Bharat Boost: Reinforces domestic manufacturing and self-reliance
  • Climate Commitments: Supports India’s Net Zero target by 2070
  • Reduced Import Duty: Approved companies can import Completely Built Units (CBUs) of electric four-wheelers at a reduced customs duty of 15% (for vehicles valued at ₹30.12 lakh / US$ 35,000 or above) for 5 years
  • Minimum Investment Requirement: ₹4,150 crore (US$ 482 million)
  • Domestic Value Addition (DVA): Applicants must meet phased localization milestones
  • Job Creation & Industrial Growth: Encourages development of the EV supply chain ecosystem and local job generation

What They’re Saying:

“This scheme is a defining moment for India’s future-ready mobility vision. It perfectly balances high-end EV tech imports with the growth of indigenous capabilities,” — Haradanahalli Devegowda Kumaraswamy, Union Minister of Steel and Heavy Industries

Why It Matters:

India is making a clear statement: it wants to be at the forefront of the global EV revolution. By offering duty concessions tied to strong local investment and manufacturing conditions, the government is inviting top EV brands while nurturing domestic capacity — creating a win-win for both investors and the local economy.
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India On Track to Become $5 Trillion Economy by 2027: Piyush Goyal

India is firmly on track to become a $5 trillion economy by 2027, announced Commerce and Industry Minister Piyush Goyal during a webinar hosted by the Merchants’ Chamber of Commerce and Industry (MCCI). He highlighted India’s transformation from a fragile emerging market to one of the world’s top five economies, powered by resilient macroeconomic fundamentals and unified national vision under ‘Viksit Bharat 2047’.

Key Highlights from Goyal’s Address

  • $5 Trillion in Sight
All pillars of growth — government, industry, and 140 crore citizens — are working in sync to reach the $5T GDP milestone within 3 years.
  • From Fragile to Top 5
India’s journey from being one of the “Fragile Five” to a global economic powerhouse is backed by:
  • A resilient banking system
  • Low inflation (now at 3%)
  • Strong macroeconomic fundamentals
  • Growth with Purpose
India’s economic model focuses on inclusive and sustainable development, built on:
  • Seva (Service)
  • Sushasan (Good Governance)
  • Navachar (Innovation)
  • MCCI’s Strategic Role
The 124-year-old chamber was praised for bridging policy and industry, helping businesses adapt amid global uncertainties.
  • Volatility Breeds Strength
“Great economies are not built in calm waters — they’re built in turbulent seas,” said Goyal, reinforcing India’s confidence in navigating global headwinds.

Why This Matters for Logistics, Ports & Freight Forwarding

  • Surge in Logistics Demand
Rapid GDP growth translates to higher cargo volumes, infrastructure expansion, and multi-modal freight opportunities.
  • Credit & Currency Tailwinds
A stronger rupee and improved banking environment create favorable conditions for exporters, logistics financing, and cross-border trade.
  • Policy Push = Modernization
Expect significant government investments in:
  • Port infrastructure upgrades
  • Digital customs clearance
  • “Make in India 2.0” initiatives driving local manufacturing and export competitiveness
India’s economic rise isn’t just a headline — it’s a call to action for the logistics and freight sector to scale, digitize, and globalize.
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