April 8, 2026
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India’s use of crude tankers to export diesel slows in May

May 28, 2024 Tanker, EXPORT, Fuel, Maritime, Shipping, Trending News
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade

30% rise in two-wheeler exports in H1

May 28, 2024 EXPORT, Transport, Trending News
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported

Red Sea crisis: Government must come to the rescue of MSME exporters

May 27, 2024 EXPORT, Logistics, Ports, Shipping, Transport, Trending News
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the preferred choice for most shipping companies.

Brazil, EU urge India for timely notifications on sugar subsidies at WTO

May 27, 2024 Trade, Business, Economy, EXPORT, Global Trade, Trending News
NEW DELHI : A group of WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said.

Share of passenger vehicle output geared for export at 10-year low in 2023

May 25, 2024 EXPORT, Logistics, Transport, Trending News
NEW DELHI : The share of Passenger Vehicle (PV) exports relative to total production in India reached its lowest in a decade in 2023, notwithstanding the government’s ambitions to transform the country into a

UK’s National Grid seeks buyer for Europe’s biggest LNG terminal

May 25, 2024 LNG, Terminals, Trending News
KENT : British energy infrastructure operator National Grid (NG.L), opens new tab said on Thursday it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe’s largest such facility, in a bid

Smartphones emerge as India’s 4th largest exported items in FY24

May 24, 2024 EXPORT, Trade, Trending News
NEW DELHI : According to latest data of Commerce Dept, smartphones are now the fourth-largest export item from India with 42 per cent growth to $15.6 billion in FY24, up by one notch in

Petronet LNG Q4 PAT rises 24% YoY to Rs 734 cr

May 24, 2024 LNG, Fuel, Trending News
NEW DELHI : The LNG(liquefied natural gas) importer’s consolidated net profit jumped 24.16% to Rs 734.07 crore in Q4 FY24 as compared with Rs 591.24 crore reported in Q4 FY23. During the quarter, revenue

LR approves Seaspan Corporation’s innovative Next Generation Feeder Ship Design

May 24, 2024 International Shipping, LNG, Ship Building, Trending News
HONG KONG : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative Next Generation Feeder Ship Design (render pictured). The vessel, measuring 198 m in length and developed

Electronic goods, engineering goods, drugs & pharmaceuticals exports of India beat global trade slowdown during FY24

May 23, 2024 EXPORT, Global Trade, Trending News
NEW DELHI : Only a few Indian sectors—engineering goods, electronic goods, and drugs & pharmaceuticals products—have seen a rise in their annual export value during FY24, a year that saw high interest rates globally
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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