Shippers are counting the cost of war
OSLO : Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta Chief Analyst Mr. Peter Sand, who
Joint Statement on India – United States Trade Policy Forum
NEW DELHI : The 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) was held here, on January 12, 2024. Minister of Commerce and Industry, India,
Maersk announces Dry port Surcharge – Export (DPS) from Amritsar to Mundra & Pipavav
MUMBAI : In order to keep providing its customers with global services, Maersk has announced the Dry port Surcharge – Export (DPS) All 20 Dry Containers from –
Jaishankar to visit Iran on Monday as Red Sea Conflict escalates
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions
Textile company owners in Karur hope Frankfurt fair will boost exports
FRANKFURT : The manufacturers and exporters, who have set up stalls at Heimtextil, the annual Textile Fair which is being held in Frankfurt in Germany, expressed hope that
End of tariffs in Switzerland to help exports
NEW DELHI : Abolition of tariffs or import duties on industrial goods in Switzerland is seen to help exporters of Indian textiles, shoes and other industrial inputs going into the European nation.The
India to grow into a $7 trillion economy by 2030 : PHDCCI
NEW DELHI : India is expected to grow into a $7 trillion economy by the year 2030, establishing itself as the second-largest economy in the Asia-Pacific region and
Bangladesh earns record US $ 47.38 billion from apparel export in 2023
DHAKA : Bangladesh’s apparel exports achieved a remarkable milestone in the previous year, reaching an unprecedented high of nearly US $ 47 billion, surpassing the 2022 record by
Red Sea attacks compel at least 65% of Indian exports shipments to Europe to take longer routes
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip
Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are