Britain to start free trade with New Zealand and Australia
LONDON : Britain’s free trade agreements with New Zealand and Australia will come into force by the end of this month, the leaders from the three nations said Friday. The
Sarbananda Sonowal reviews progress of India’s first International MMLP in Assam
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal visited the construction site of India’s first International Multi Modal Logistics Park (MMLP) in Jogighopa,
Customs system glitch chokes shipments at ports pan India, traders pay heavy demurrage charges
NEW DELHI : Several shipments have been stuck at Indian ports due to glitches in the customs IT system, leading to importers paying heavy demurrage charges. According to
SMP Kolkata flags off first trial movement of cargo ship to Myanmar
KOLKATA : A cargo ship was flagged off on Thursday from Syama Prasad Mookerjee Port (Kolkata) on a trial run to a facility at Sittwe in Myanmar which
APSEZ records its highest-ever monthly cargo volume in Apr’23 at 32.3 MMT
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India and a part of the diversified Adani Group, handled 32.3 MMT
A.P. Moller – Maersk reports solid Q1 results
COPENHAGEN : A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes across all
APSEZ sells Myanmar Port for USD 30 million
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has concluded the Myanmar Port sale for a total consideration of USD 30 million. In May
India’s exports likely to touch $900 billion in FY24
NEW DELHI : India’s exports of goods and services could touch $900 billion in the current financial year, up from $770 billion in the previous year, keeping resilient
Govt support needed in undertaking overseas marketing initiatives to boost exports: FIEO
NEW DELHI : Apex exporters body FIEO has urged the government to support domestic exporters in undertaking overseas marketing initiatives with a view to boost outbound shipments. Federation of Indian Export Organisations (FIEO) President
Amid jump in exports, US trade deficit narrows in March
NEW DELHI : The US trade gap narrowed in March as exports of goods including industrial supplies rose, according to government data released on Thursday. Exports rose 2.1