EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced
NEW DELHI : The Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on Sodium Cyanide (NaCN) imported from China, European Union (EU), Japan and
CHATTOGRAM : Chittagong Port Authority (CPA) continues to struggle with operational disruptions caused by significant influx of containers and cargo, it has issued an urgent appeal to businesses
NEW DELHI : India is concerned about elevated crude prices, but oil marketing companies will take appropriate measures to cushion the impact for retail consumers if the trend
TEHRAN : The Iranian Ports and Maritime Organization (PMO) said 21,517,788 tons of basic commodities were unloaded at the ports of the country during the 12 months of
WASHINGTON : The U.S. trade deficit widened for a second straight month in February as an increase in exports to a record high was offset by surging imports,
TORONTO : China and India lifted imports of seaborne thermal coal to three-month highs in March as the world’s two biggest buyers took advantage of lower international prices
NEW DELHI : India has initiated an anti-dumping probe into the import of a chemical used in the rubber industry from China and Japan following a complaint by
NEW DELHI : India’s steel trade deficit has come down to ₹10,411 crore ($1,258 million) for the April–February period, down 10 per cent sequentially, on the back of improving exports,