World’s first LNG-fuelled panamax commences operation
NAGASAKI : The world’s first LNG-fuelled Panamax-class coal carrier, which was built by Nippon Yusen Kabushiki Kaisha (NYK) and Kyushu Electric Power Co., Inc. (Kyuden), was delivered on
Govt may impose blanket ban on Sugar export amid soaring sugar prices
NEW DELHI : The Centre is likely to implement a blanket ban on sugar export in response to rising prices and lower-than-expected production in the 2022-23 season, which
Centre considering review of Free on Board (FOB) value for issue of Registration – cum – Allocat
NEW DELHI : The Government has taken a series of measures in order to check the domestic prices of rice and ensure adequate availability for domestic consumers. One
Nokia’s Chennai plant exports 50% of production
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The
Indian exports decline by 2.59% YoY to $34.47 bn in September
NEW DELHI : India’s exports declined by 2.59 per cent to $34.47 billion in September against $35.4 billion in September 2022, according to the data released by the
DGFT announces Two-Week Export Obligation Discharge Certificates (EODC) Camp for Pending Application
NEW DELHI : The DGFT issued Trade Notice No. 29/2023-24 dated October 13, 2023, with the aim of expediting the processing of pending applications for Export Obligation Discharge Certificates
Marketing strategy to help tap $112 bn export in 10 nations in 3 yrs : FIEO
NEW DELHI : Aggressive marketing strategy including support from the government can help Indian businesses tap USD 112 billion export potential in ten countries like the US and
DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel
Israel-Palestine war spells woes for Indian exports
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes
DGFT releases detailed procedure for the Automatic System-Based Issuance of Status Holder Certificat
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has issued Trade Notice No. 28/2023-24 dated October 9, 2023, outlining the detailed procedure for the automatic system-based issuance