India considering Port-based quality testing labs to check steel imports
MUMBAI : India’s Ministry of Steel is considering setting up a quality testing laboratory at Jawaharlal Nehru Port Trust (JNPT) in Mumbai to check imports of steel into
CONCOR and Schenker India Private Limited (DB Schenker) sign MoU for sustainable supply chain practi
NEW DELHI : In a significant development for the logistics industry, Container Corporation of India Limited (CONCOR) and Schenker India Private Limited (DB Schenker) have inked a Memorandum of Understanding (MoU) to
Merchandise Exports to touch $450 billion in FY24, surge to $525 billion in FY25
NEW DELHI : India’s merchandise exports in 2023-2024 will be around $450 billion and it is expected to reach around $525 billion in FY25 in spite of facing
NHAI to start rolling out satellite-based tolling on national highways soon
NEW DELHI : Soon, national highways in India will have satellite-based tolling systems. Shri Nitin Gadkari, Minister for Road Transport and Highways, said that the National Highways Authority of India (NHAI) will start
G20 trade policy turning restrictive, says WTO
NEW DELHI : At a time when global goods trade is already slowing in the backdrop of rising interest rates and geo-political conflicts, trade measures introduced by G20
Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in
MoCI to help exporters maintain proper documentation to deal with cases
NEW DELHI : The Commerce Ministry(MoCI) has started an exercise to help Indian exporters keep proper documentation to deal with US countervailing duty cases on domestic products, an
Indian exporters stare at freight cost hikes as ships avoid Suez Canal
MUMBAI : Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa
APSEZ expands Strategic Partnership with MSC
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a second strategic partnership with Terminal Investment Limited (TiL),
BIMCO calls for immediate end to attacks on international shipping
LONDON : One month ago, a series of unprovoked attacks on merchant ships began in the Southern Red Sea, Bab El-Mandeb, Gulf of Aden and the Arabian Sea.