Drewry WCI rises as industry anticipates ILA strike, policy changes
LONDON : The Drewry World Container Index (WCI) composite index increased by 2.68 per cent to $3,905 per 40-foot equivalent unit (FEU) on January 5, 2025, up from
Indian goods and services exports to cross $800 bn in FY25 despite geo-political issues : Piyush Go
NEW DELHI : Union Commerce & Industry Minister Shri Piyush Goyal has said that, the Red Sea crisis increased freight costs and hit India’s exports to Africa, the
DPIIT inks MoU with Startup Policy Forum to boost startup ecosystem
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry on Thursday entered into a historic partnership with
India and Iran discuss Chabahar Port development and strengthening trade relations
NEW DELHI : India and Iran recently evaluated their bilateral relations, focusing on the joint development of the Chabahar Port and enhancing trade and economic ties. Discussions also
Shipping rates hamper overseas trade ambition of HMT
CHENNAI : Shipping rates are an inhibiting factor so far as the competitive character of HMT goods in the overseas export markets is concerned, according to Dr. S.M.
Shipping emissions back at Pre-Covid levels, expected to have risen by 4% in 2024 : Clarksons
LONDON : Clarksons Research have released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy
India targets strong growth in 2025 amid inflation challenges and global headwinds
NEW DELHI : India will need to navigate geopolitical challenges, control domestic inflation, and encourage greater private sector investment as it strives to sustain its position as the
DGFT states individuals cannot demand justification for exclusion of feedback in FTP
NEW DELHI : The Directorate General of Foreign Trade (DGFT) in a notification said no person has any legal right to seek reasons for their suggestions, views, or feedback
Sri Lanka Ports Authority achieves record high throughput
COLOMBO : The Sri Lanka Ports Authority (SLPA) reached a historic 2.41 million Twenty-foot Equivalent Unit (TEUs) in throughput, marking its highest-ever performance. The Port of Colombo, including
US East Coast dockworkers, employer group to restart talks next week
WASHINGTON D.C. : The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, according to a person