April 24, 2026
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China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn

May 13, 2024 Trade, Economy, EXPORT
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The

US probably impose 100% tariffs on EV imports from China

May 13, 2024 Import, Transport, Trending News
WASHINGTON D.C. : The United States is all set to impose a 100% tariff on Electric Vehicles(EV) imported from China, according to a report from the Financial Times. The fresh measures, if taken, will

Panama Canal in talks with US LNG producers to increase transit

May 13, 2024 Fuel, International Shipping, LNG, Maritime, Trending News
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal’s

Commerce Ministry is looking for a plan to diversify its export destinations

May 11, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and food products to new markets, as

Merchandise exports of India to grow by 12.3% in June quarter : Exim Bank

May 11, 2024 Export - Import, Economy, Trade, Trending News
NEW DELHI : The Export-Import Bank of India has predicted that India’s total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on strong economic fundamentals and sustained manufacturing

India’s Technical Textiles market has huge potential backed by a significant growth rate of 10%: Textiles Secretary

May 11, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The Ministry of Textiles in partnership with Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries’ Research Associations (ATIRA) organized a National Symposium on Advancements in Composites, Speciality Fibres and Chemicals

Analyst warns of congestions at Asian ports hit by Red Sea logjam

May 11, 2024 Export - Import, Foreign Ports, International Shipping, Logistics, Shipping Line, Trade, Trending News
SHANGHAI : The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning logjam could also spread to European

Investments surge on strong demand outlook for LNG bunkering

May 11, 2024 International Shipping, LNG, Trending News
LONDON : Drewry projects more than 1,000 LNG-fuelled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well

Hydrogen ‘Fuel of Future’, vehicles will run on 100% Ethanol in coming years : Nitin Gadkari

May 10, 2024 Logistics, Fuel, Import, Transport, Trending News
BEGUSARAI : Hailing hydrogen as the “fuel of the future“, Union Minister Shri Nitin Gadkari on Wednesday asserted that vehicles in the country would run on green fuels in the coming years. Addressing an

122 Shipping Containers seized by JNCH at JN Port over suspected Contraband from China

May 10, 2024 Container, Customs, DGFT, Import, Logistics, Ports, Shipping, Trade, Trending News
MUMBAI : The Custom Central Intelligence Unit (CIU) of Jawaharlal Nehru Custom House (JNCH) has put on hold 122 containers on suspicion of containing banned Chinese fireworks, electronic items, microchips, and other contraband, in
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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