April 24, 2026
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Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO

April 15, 2026 Fuel, Import, International Shipping, Maritime, Oil Refinery, Shipping, Tanker, Trending News
LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of

Crude oil could hit $150 in extreme scenario, trigger global intervention: Vandana Bharti, SMC Global Securities

April 3, 2026 Import, Business, Economy, Fuel, Global Trade, International Shipping, Trade, Transport, Trending News
NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head – Commodity,

India wants preferential access to US market : Piyush Goyal

April 3, 2026 EXPORT, Business, COMMERCE, Economy, Finance, Global Trade, Import, Trade, Trending News
NEW DELHI : Commerce Minister Shri Piyush Goyal, on Thursday, said India’s relationship with the US remains strong, underpinned by a deep strategic partnership spanning technology, defence, trade and investments. “Our relations are very

“Build up some delayed courage”: Trump urges allies to “reclaim” Strait of Hormuz from Iran

April 2, 2026 Liquid Cargo, Import, Oil Refinery, Shipping, Shipping Line, Tanker, Trending News
WASHINGTON: US President Donald Trump has called on oil-importing nations to “build up some delayed courage” and take responsibility for reclaiming the Strait of Hormuz, asserting that the burden of securing the Iranian-blocked waterway

CBIC holds outreach programme on Duty Deferment Scheme for manufacturer importers in New Delhi

March 30, 2026 Customs, Export - Import, Finance, Import, MSME, Tax, Trade, Trending News
NEW DELHI: In pursuance of the key trade facilitation initiative announced in the Union Budget 2026-27, the Central Board of Indirect Taxes & Customs (CBIC) organised a hybrid outreach programme in New Delhi on

India launches anti-dumping probe into ethyl chloroformate imports from China

March 19, 2026 Import, Trade, Trending News
NEW DELHI : India on Tuesday opened an anti-dumping investigation into ethyl chloroformate imports from China after a domestic producer alleged the ​chemical used in pharmaceutical and agrochemical manufacturing was being sold at ‌unfairly

Indian Navy Warships to keep watch on India-bound vessel in Strait of Hormuz

March 16, 2026 Tanker, Import, International Shipping, Liquid Cargo, Maritime, Maritime safety, Maritime Security, Navy, Ocean Attack, Ports, Seafarers, Shipping Line, Trending News
NEW DELHI: The Indian Navy deployed multiple warships to escort two Indian-flagged LPG tankers through the Strait of Hormuz safely between Friday night and Saturday, according to the sources. This comes as diplomatic efforts

CBIC introduces deferred Customs Duty payment facility for Eligible Manufacturer Importers as announced in Union Budget 2026-27

March 3, 2026 Customs, Import, MSME, Tax, Trade, Trending News
NEW DELHI: In pursuance of the Union Budget 2026–27 announcement by the Union Minister for Finance and Corporate Affairs, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a new facilitation measure

GTRI calls for overhaul of tariff structure, customs to boost India’s trade

January 19, 2026 Customs, Import, Maritime, Shipping, Trade, Trending News
NEW DELHI : India needs a sweeping overhaul of its import tariff structure and customs administration to cut trade costs, strengthen manufacturing competitiveness and revive export growth, suggests trade-focused think-tank Global Trade Research Initiative

India set to import German AIP Submarines in $8 Billion deal after 10 years

January 13, 2026 Maritime, Defence, Import, Navy, Ship Building, Ship Recycling, Shipping, Trending News
NEW DELHI : Germany and India are reportedly poised to sign a deal worth over $8 billion for the supply of six SSKs (Submersible Ship Hunter-Killer) submarines, with transfer of technology, during Chancellor Friedrich
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