Vizhinjam Port in Kerala and its potential in India’s maritime trade
THIRUVANANTHAPURAM : With the docking of the first ship on Sunday, the under-construction Vizhinjam International Seaport, the country’s first deepwater container transshipment terminal, near Thiruvananthapuram in Kerala will mark a significant milestone. The first
DGFT puts new import registration regime in place for laptops, tablets from November 1
NEW DELHI : The Directorate General of Foreign Trade (DGFT) is gearing up to activate its import management system for registration of laptops, computers, and tablets from November 1, as there may be no further
Export-import through Benapole suspended over truck driver’s death in India
DHAKA : Exports and imports between Bangladesh and India through Jashore’s Benapole landport have remained suspended since Thursday morning due to a barrier by India’s Border Security Force (BSF) to return the body of
Carriers and forwarders to lose mark-up on THC collection in Dubai
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections. According to a decree by the
Marketing strategy to help tap $112 bn export in 10 nations in 3 yrs : FIEO
NEW DELHI : Aggressive marketing strategy including support from the government can help Indian businesses tap USD 112 billion export potential in ten countries like the US and UK in three years, according to
DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel performance. The new 345m long LNG
Israel-Palestine war spells woes for Indian exports
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes are expected to be left unaffected,
Advisory for Trade regarding Check introduced for the Shipping Bill in reference to Nature of Contract
NEW DELHI : The Directorate General of Systems and Data Management, CBIC has issued an Advisory dated October 06, 2023, for Trade regarding the Check introduced for the Shipping Bill in reference to the Nature of