India may start LNG supplies to Sri Lanka by 2025-end
NEW DELHI : India is likely to start supplying liquefied natural gas (LNG) to Sri Lanka by the end of next year and will eventually establish an offshore regasification terminal at the Colombo Port.
Shipping Number of the Week : Container market grows a modest 0.2% y/y in 2023 as the fleet swells
LONDON : “In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container market growth has lagged behind overall
IIFF opens Eastern Region chapter, trains G Category examination candidates for 2024
MUMBAI : Indian Institute of Freight Forwarders (IIFF), which is a training arm of the Federation of Freight Forwarders Association of India (FFFAI), opened its Eastern Region Chapter on February 3, 2024, by launching
CII appeals Telangana Govt to set up logistics parks as Export & Trade Hubs
NEW DELHI : The Confederation of Indian Industry (CII) has appealed to the Telangana Government to consider setting 4-5 comprehensive logistics parks in trade and export hubs in different parts of the State. As
China extends Anti-Dumping Duties on Indian chemical, a ‘legitimate response’
BEIJING : China’s Ministry of Commerce (MOFCOM) said that it will retain Anti-Dumping Duties on imports of o-chloro-p-nitroaniline originating in India, a move that experts said is a legitimate response to concerns raised by
With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure
Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are
Exporters not traceable, customs broker can’t be held liable after issuance of ‘Let Export Orders’: Delhi High Court
NEW DELHI : The Delhi High Court has held that as a customs broker, the petitioner cannot be held liable because exporters were not traceable after the issuance of ‘Let Export Orders‘ and the export of