At $35 bn, July exports 34% higher than pre-COVID level
NEW DELHI : India’s merchandise exports in July were 34% higher than the pre-COVID levels of July 2019, at $35.17 billion, Commerce and Industry Minister Piyush Goyal said on Monday, but the trade deficit
Impressive order booking position to sustain exports growth albeit logistics challenges: FIEO President
NEW DELHI : Reacting to the trade data for July 2021-22, Dr A Sakthivel, President, FIEO said that the sustained growth in exports of about 48 percent with USD 35.17 billion over FY’ 2020-21
Hapag-Lloyd opens new office in Senegal
HAMBURG : Hapag-Lloyd has announced the opening of a new office in Dakar, the capital city of Senegal, enhancing its presence in Africa. The German carrier mainly transports nuts, fish, cotton and minerals out
Maersk lifts outlook as supply chain disruptions push up shipping rates
COPENHAGEN : The world’s biggest container shipping company, A.P. Moller-Maersk (MAERSK.CO), on Monday lifted its full-year earnings outlook after reporting strong preliminary quarterly results as chaotic conditions in the global supply chain pushed freight rates
DPT inaugurates Server Room and Training Hall at Kandla
GANDHIDHAM : Deendayal Port Trust inaugurated Server Room and Training Hall at Kandla & initiates User Acceptance Test for the ERP Project, as part of ‘Ease of Doing Business Initiative’ of Govt. of India.
Privatisation of cargo handling at major ports made easy
MUMBAI : Cargo handling terminals at Centre-owned major ports will be privatised through the public-private-partnership (PPP) route under three broad categories – oil, clean cargo including containers and bulk – departing from the current
Maritime supply chain actors brought together to step up collaborative efforts to tackle timber and wildlife trafficking in container shipping
GENEVA : A two-day Global Shipping Roundtable event to combat illegal wildlife and timber trade in containerized shipping brought together attendees representing 39 private shipping lines, freight forwarding companies and port operators, 18 public sector
South Western Railway transports 14 million tonne freight in current fiscal
BENGALURU : The South Western Railway (SWR) transported a record 14 million tonnes of essential freight, including cement, coal, iron ore, and fertilisers from April to July of this fiscal, a zonal official said . “We