Govt allows exports of 10,000 tonnes onion to UAE
NEW DELHI : With festival of Eid around the corner, India has allowed another 10,000 tonnes of onions to be shipped to the UAE through the National Cooperative Exports Ltd (NCEL), the Directorate General
Govt of India removes duty on export of 1,000 tonnes of Non-Basmati Kalanamak Rice
NEW DELHI : Indian government has removed duty on the Kalanamak, a variety of basmati rice for exports of up to 1,000 tonnes through six specified customs stations. The duty on overseas shipments of
Robusta price surge propels India’s coffee exports over Rs 10,000 Cr
NEW DELHI : India’s coffee exports surpassed the Rs 10,000 crore mark in the fiscal year 2023-24, propelled by soaring global Robusta prices. Despite a marginal decline in volumes, the surge in value underscores
MISC signs 15-year time charter parties with QatarEnergy
KUALA LAMPUR : MISC Bhd’s indirect wholly-owned subsidiaries have signed time charter parties with Qatar’s state-owned energy firm for the charter of three newbuild liquefied natural gas (LNG) carriers. In a bourse filing, MISC
DP World starts new rail freight service linking Ahmedabad to Mundra
AHMEDABAD : DP World announced on Tuesday the launch of a new rail freight service connecting Sachana, Ahmedabad Inland Container Depot (ICD) to Mundra. DP World stated that the new service will operate every Tuesday and Friday, with
India-EEU officials hold talks for FTA negotiations: Report
NEW DELHI : To boost economic ties between India and the five-nation Eurasian Economic Union (EEU) bloc, senior officials from both the sides held detailed talks in March to formally start negotiations for a
Red Sea crisis end to reignite container shipping challenges
LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is estimated at 9% this year, outpacing
Red Sea attacks to impact ship sailing speed: BIMCO
LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the Red Sea attacks. Ship supply is set to grow by