March 2, 2026
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Maersk applies new PSS from Far East to East Coast South America

February 22, 2024 EXPORT, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season surcharge rates

Capital goods, fertilisers most impacted sectors amid Red Sea trade disruptions: Crisil Report

February 22, 2024 Export - Import, Business, International Shipping, Trade, Trending News
MUMBAI : Sectors such as capital goods and fertilisers have been the most impacted amid the ongoing crisis around the Red Sea, a Crisil Market Intelligence and Analytics report stated while assessing the sectoral

Finance Ministry says ‘urgent’ need to boost competitiveness, attractiveness of India’s exports amid global uncertainty

February 21, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The Finance Ministry has said it is crucial that India’s exports are made more attractive amid continued uncertainty in global growth and trade conditions, with headwinds from geopolitical tensions, including supply-chain

SeaLead introduces Gulf India Express Service to enhance India-Gulf trade connectivity

February 21, 2024 Export - Import, Logistics, Shipping, Shipping Line, Trade, Trending News
SINGAPORE : SeaLead is pleased to announce the launch of its new container shipping service, the Gulf India Express (GIX), designed to streamline and enhance the trade routes between India and the Gulf region.

APEDA promotes exports of ODOP and GI products to newer destinations; More than 27 flag offs organised in FY23-24

February 21, 2024 EXPORT, Trade, Trending News
NEW DELHI : Agricultural and Processed Food Products Export Development Authority (APEDA) has taken a number of steps to ensure that more and more of its Scheduled products are exported to newer destinations. In this

Chennai-Vladivostok Route talks on, dedicated shipping service under consideration too

February 20, 2024 Shipping, Export - Import, Logistics, Trending News
CHENNAI : India’s Shipping Ministry, in collaboration with businesses and Russian stakeholders, is actively pursuing agreements to solidify cargo movement details along the Chennai-Vladivostok Route, a critical segment of the Eastern Maritime Corridor. Discussions

India and EFTA members are looking for the proposed TEPA, as Delhi pushes for $100b investment

February 20, 2024 Export - Import, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : Negotiations between India and the European Free Trade Association (EFTA) for a trade deal are at an advanced stage, with the two sides hoping to finalise the agreement with a commitment

CMA CGM applies overweight surcharge from India to Africa

February 20, 2024 EXPORT, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM notified its customers of a new Overweight Surcharge (OWS) for shipments from India to West and South Africa ports. This surcharge applies immediately to dry cargo containers with a gross

Qatar to announce more LNG deals with European, Asian buyers

February 20, 2024 LNG, Trade, Trending News
QATAR : Qatar will announce additional contracts to sell gas from a major expansion project to buyers in Europe and Asia, according to Saad Al-Kaabi, the country’s Energy Minister and Head of its main

January exports rise by 3%, despite Red Sea crisis; Trade deficit narrows marginally: FIEO

February 19, 2024 EXPORT, Business, COMMERCE, Global Trade, Logistics, Trade, Trending News
NEW DELHI : Responding to January, 2024 trade data especially exports which rose by 3 percent US$ 36.92 billion, Mr Israr Ahmed, President (Officiate), FIEO said that the increase in exports despite the Red Sea
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