To reach containers to exporters faster, govt mulls rail movement of empties
MUMBAI : The government may not have a handle on the steep freight rates, but it can speed up movement of empty containers from ports to the hinterland
Boosting Exports: Govt mulls sops to soften shipping cost blow; TMA scheme to be reintroduced
NEW DELHI : Under the TMA, which was valid for two years through March 2021, the government reimbursed exporters a certain portion of freight charges and offered assistance
World’s 1st LNG-powered VLCC kicks off sea trials
The world’s first liquefied natural gas (LNG)-fuelled very large crude carrier (VLCC) has commenced its sea trials in Chinese waters, after completing the construction phase. The 318,000 dwt
Exporters worried about stuck payments as Sri Lanka declares economic emergency
NEW DELHI : Sri Lanka’s economic emergency declared by the country’s President Gotabaya Rajapaksa last week to control spiralling food prices and declining foreign reserves has exporters in
In a major boost to agricultural products exports, First consignment of Ladakh Apricot exported to D
NEW DELHI : In a move which could boost agricultural and food products exports from Ladakh, first commercial shipment of Apricot sourced from region of Union Territory (UT)
CONCOR takes initiative to boost Exports of India
NEW DELHI : As a further step towards ensuring sufficient availability of empty containers to the trade to cater their export commitments and mitigate the imbalance of import-export
Continuous growth in Exports for 6 months to show the resilience of exports : FIEO President
NEW DELHI : Responding to the trade data for August, 2021 showing an impressive growth of 45 percent with exports touching USD 33.14 billion, Dr A Sakthivel, President,
India’s merchandise exports in August 45.17% higher than a year ago
NEW DELHI : India’s merchandise exports in August touched $33.14 billion, 45.17% higher than a year ago and 27.5% over the pre-pandemic level of August 2019, but the
As freight rates turn high, Spice Exporters seek probe into Shipping cost
NEW DELHI : With freight rates soaring, spice exporters have urged the Ministry of Ports, Shipping and Waterways to start a high-level probe into the costs of shipping
While India’s exports are doing well, container shortage is cause of concern, says FIEO
Shortage of shipping containers triggered by massive congestion at Chinese ports is beginning to give Indian exporters nightmares. Ajay Sahai of FIEO said the government needs to ensure