Union Minister Sarbananda Sonowal urges proactive measures for shipping stability amid global shifts
MUMBAI: Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal emphasized the importance of addressing industry concerns promptly to ensure comfort and stability, citing the successful handling of past situations like the retrieval
Government approves RELIEF (Resilience & Logistics Intervention for Export Facilitation) – an intervention under Export Promotion Mission to support exporters amid West Asia logistics disruptions
NEW DELHI : Recent developments, including heightened security concerns around the Strait of Hormuz, have led to vessel diversions, longer sailing routes, congestion at transshipment hubs and emergency conflict-linked surcharges. These developments have increased
Targeted, time-limited scheme to stabilise India’s export flows: Directorate General of Foreign Trade on RELIEF scheme
NEW DELHI: The Centre on Thursday announced the Resilience & Logistic Intervention for Export promotion (RELIEF) scheme to support Indian exporters impacted by the ongoing conflict in West Asia. “The Export Promotion Mission has
India may review fuel exports to protect domestic supply
NEW DELHI : India, the world’s fourth-largest refiner, will review its fuel exports if needed to ensure availability in the local markets, a government official said on Thursday, amid global disruption and soaring oil
Ras Laffan attack raises spectre of prolonged LNG supply disruption
OSLO: Severe damage to Qatar’s Ras Laffan LNG complex is likely to prolong supply disruption well beyond initial expectations, with traders and analysts now warning of the potential for a sustained outage and extended
NICDC organises stakeholder consultation on revitalising export-oriented industrial clusters
NEW DELHI : The National Industrial Corridor Development Corporation (NICDC) organised a consultation meeting on the Union Budget announcement regarding the rejuvenation of export-oriented industrial clusters at Vanijya Bhawan, New Delhi. The consultation was
India launches anti-dumping probe into ethyl chloroformate imports from China
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
Nearly 90 ships cross Strait Of Hormuz as Iran exports millions of barrels of oil despite war
HORMUZ : About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a