Corruption won this battle’: Cargo firm Wintrack to cease operations in India, accuses Chennai Customs of harassment
CHENNAI : Tamil Nadu-based logistics firm Wintrack announced that it has ceased all import-export activities in India, effective 1 October 2025, citing harassment by Chennai Customs officials over the past 45 days. In a
Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade
CAIRO : Chairperson of the Suez Canal Authority (SCA), Osama Rabie, has called on global shipping leader Maersk to gradually resume transits through the Suez Canal, underscoring the waterway’s central role as a vital
India-European Free Trade Association and TEPA to come into effect from today
NEW DELHI : India-European Free Trade Association(EFTA) Trade and Economic Partnership Agreement (TEPA) will come into effect on 01 October 2025. The agreement was signed on 10th March 2024 at New Delhi.TEPA is a
Transworld launches weekly direct LCL console service from Hong Kong to Nhava Sheva
DUBAI : Transworld announced their expansion of trade lane network with the introduction of a Weekly Direct LCL Console Service connecting Hong Kong to Nhava Sheva. The new service offers shippers greater reliability and
India extends RoDTEP export incentive scheme till March 31, 2026, exporters welcome the move
NEW DELHI : The Government has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) incentive scheme for exporters until March 31, 2026. Exporters have welcomed the move, saying it removes substantial
Commerce Ministry warns of negative impact on marine exports from US Tariffs
NEW DELHI : The Ministry of Commerce and Industry on Monday told Parliament’s Public Accounts Committee (PAC) that marine exports are likely to be “negatively” impacted by the 50% US tariff, as it places
IIFT hosts 15th Indian Management Conclave 2025
NEW DELHI : The Indian Institute of Foreign Trade (IIFT), New Delhi, in partnership with MBAUniverse.com, successfully hosted the 15th Indian Management Conclave (IMC) 2025. Widely regarded as India’s most respected platform on management
The HOCC has Imposed Sanctions on a Number of Entities, Persons, and Assets for Violating the Decision Prohibiting the Export of U.S. Crude Oil
SANA’A: The Humanitarian Operations Coordination Center (HOCC) issued a decision designating (13) entities, (9) persons, and (2) assets linked to the United States of America as perpetrators of prohibition of the export of U.S. crude