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 vessel was built by Dalian Shipbuilding
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 India worried as the curbs placed
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) of Ladakh has been exported to
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 in trade, Container Corporation of India
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, FIEO said that the continuous growth
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 trade deficit widened to a four-month
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 lines. “The cartelised, monopolistic and restrictive
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 that not many empty containers are