April 7, 2026
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Engineering goods export to Russia hits record high as Ukraine war enters its third year

February 10, 2024 EXPORT, COMMERCE, Maritime, Trade, Trending News
NEW DELHI : India’s export of machines, auto parts, steel and aluminum products, internal combustion (IC) engines, pumps and other items to Russia are on the rise, with outbound shipments in the ‘engineering goods’

India hopes to conclude the India-Peru FTA by next week

February 9, 2024 Trade, COMMERCE, EXPORT, Trending News
NEW DELHI : India will resume trade talks with Peru next week after a long gap hoping that a Free Trade Agreement will conclude in the next few rounds of discussions. The trade talks generate more

Govt directs ECGC to maintain moratorium on insurance rates for exporters

February 9, 2024 EXPORT, COMMERCE, Trending News
NEW DELHI : The government on Wednesday said it has directed the Export Credit Guarantee Corporation (ECGC) to maintain a moratorium on insurance rates for Indian exporters in the wake of the Red Sea

India may start LNG supplies to Sri Lanka by 2025-end

February 9, 2024 LNG, Maritime, Trending News
NEW DELHI : India is likely to start supplying liquefied natural gas (LNG) to Sri Lanka by the end of next year and will eventually establish an offshore regasification terminal at the Colombo Port.

Shipping Number of the Week : Container market grows a modest 0.2% y/y in 2023 as the fleet swells

February 9, 2024 Container, EXPORT, International Shipping, Trending News
LONDON : “In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container market growth has lagged behind overall

CII appeals Telangana Govt to set up logistics parks as Export & Trade Hubs

February 7, 2024 EXPORT, Logistics, Trade, Trending News
NEW DELHI : The Confederation of Indian Industry (CII) has appealed to the Telangana Government to consider setting 4-5 comprehensive logistics parks in trade and export hubs in different parts of the State. As

With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure

Exporters not traceable, customs broker can’t be held liable after issuance of ‘Let Export Orders’: Delhi High Court

February 5, 2024 EXPORT, Customs, Trade, Trending News
NEW DELHI : The Delhi High Court has held that as a customs broker, the petitioner cannot be held liable because exporters were not traceable after the issuance of ‘Let Export Orders‘ and the export of

India seeks greater market access for steel, rice, shrimp from S Korea

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : India has sought greater market access for certain products such as steel, rice, and shrimp from South Korea with a view to boost exports of these goods, an official said. These

Union Budget 2024 : Piyush Goyal says India has sustained exports’ growth despite global challenges

February 3, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : India has sustained its export growth notwithstanding the global challenges emerging due to issues like the Israel-Hamas war and the Budget has laid out a strong foundation to push the economic growth, Commerce and Industry Minister Shri Piyush Goyal said on
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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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