COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the
Methanol Institute and SEA-LNG unite against EU trade barriers to biomethane and biomethanol fuels
BRUSSELS : The Methanol Institute (MI) and SEA-LNG, key representatives of the methanol and liquefied natural gas (LNG) industries respectively, express their deep concerns following the recent announcement
CONCOR throughput grown 11% to 12.44 lakh TEUs in Q4 FY24
NEW DELHI : Container Corporation of India (CONCOR) reported 11.24% increase in total throughput to 12,44,798 twenty-foot equivalent units (TEUs) in Q4 FY24 as compared with 11,19,034 TEUs
India’s overall exports (merchandise + services) estimated to surpass last year’s highest re
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per
Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at
India signs deals with Brazil, Argentina for pulses import
NEW DELHI : India is diversifying its import of pulses to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of
Türkiye’s share in global exports hits record level in 2023
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The
17 Indians on ship “MSC Aries” seized by Iran off UAE coast amid tensions
TEHRAN : Iran seized a cargo ship linked to Israeli businessman Eyal Ofer on Saturday amid growing concerns about a wider Middle East war. Indian authorities are now
India’s stand amid threat of Open War between Iran and Israel
NEW DELHI : India, caught in a tight spot over the Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue &
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years
