Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in
IWAI is encouraging the private sector to invest in container vessels through various stakeholders&#
NEW DELHI : The Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal informed in a written reply to the Rajya Sabha, that Inland Waterways Authority of
India is in negotiation of FTA with EU, UK, Sri Lanka and Peru
NEW DELHI : India is negotiating Free Trade Agreements with the European Union (EU), the UK, Sri Lanka, and Peru, according to a year-end review statement of the
Lok Sabha passes Bill to give immediate effect to Customs & Excise Duty proposals in Budget
NEW DELHI : The Lok Sabha on Tuesday passed a Bill that seeks to give immediate effect to the changes in customs and excise duties announced in the
Government of India and ADB sign $250 million loan for Industrial Corridor Development in India
NEW DELHI : The Government of India and Asian Development Bank (ADB) on 15th December 2023 signed a $250 million policy-based loan that will continue support to industrial corridor
MoCI to help exporters maintain proper documentation to deal with cases
NEW DELHI : The Commerce Ministry(MoCI) has started an exercise to help Indian exporters keep proper documentation to deal with US countervailing duty cases on domestic products, an
MSC-Adani terminal deal at Ennore poised to boost South India trade flow
CHENNAI : MSC’s 49% stake acquisition in Adani Group‘s container terminal at Ennore Port, also known as Kamarajar Port, has the potential to boost direct calls out of
DP World partners with Invest India at 27th World Investment Conference
NEW DELHI : DP World is thrilled to partner with Invest India at the 27th World Investment Conference in New Delhi, where they showcased Bharat Mart, a mega-distribution
Global Shipping : Disruptions pop-back ahead of 2024
One of the largest global shipping organizations, Maersk announced pausing all its operations on the Red Sea route, a passage that accounts over 10% of the global shipping
Indian exporters stare at freight cost hikes as ships avoid Suez Canal
MUMBAI : Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa