HMM welcomes LNG-powered 7,700 TEU boxship duo for long-term charter
SEOUL : The two ships named HMM Ocean and HMM Sky were built by HJ Shipbuilding & Construction (HJSC) in South Korea under the shipbuilding order placed by Navios in 2022. Upon delivery, the vessels will
New requirements for filing of Annual RODTEP Return (ARR)
NEW DELHI : In a major update to its export policy, the Government of India has issued a directive mandating the filing of an Annual RoDTEP Return (ARR) for exporters benefiting from the Remission
Freight rate surge shocks Indian importers on Asia routes
NEW DELHI : Indian importers sourcing goods from Asia, especially from China, are facing a steep hike in container freight rates, underscoring the ongoing volatility in the shipping market. Market data reveals that spot
HEMEXPO 10th anniversary marks decade of outstanding growth
PERAMA (GREECE) : HEMEXPO – Hellenic Marine Equipment Manufacturers and Exporters is celebrating its 10th anniversary, in a milestone for an organisation which has become one of Europe’s leading supplier associations for international shipping.
Centre permits Chhara Port in Gujarat for export and import
CHHARA : The Government of India has permitted Chhara Port in Gujarat for unloading of imported goods and the loading of export goods or any class of such goods. A notification dated 14 November
Country’s merchandise exports surge by 17.25% year-on-year to USD 39.2 billion, amidst continuing global economic uncertainties: President FIEO
NEW DELHI : Reacting to the October, 2024 merchandise exports of USD 39.2 billion, which surged impressively with a high double-digit growth of 17.25%, the highest in recent times, said FIEO President, Mr Ashwani
India’s smartphone exports sets new record of crossing $2 bn mark in October 2024
NEW DELHI : India’s smartphone exports have set a new benchmark, surging past the $2 billion mark in October — the highest monthly total ever recorded. This milestone, according to estimates from the Indian
India-Japan Business Summit Focuses on SME Cooperation
BENGALURU : The second edition of the India-Japan Business Summit (IJBS) in Bengaluru on Thursday focused on accelerating cooperation between Small and Medium-sized enterprises (SMEs) in Karnataka and Japan. The summit, a precursor to