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 EU tanker imports. Now, attacks on
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 a significant increase of 15.7%, compared
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 Korea. The DGTR initiated and conducted
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 to promptly collect their imports, even
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 persists for long, government and refinery
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 the previous Iranian calendar year (March
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, suggesting trade could be a drag
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 of the fuel to meet strong
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 a domestic player. New Delhi, Apr
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, and stable imports during February, a