PIL opens new office in Guatemala
GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. “This new office represents much more than a physical space; it symbolises our firm
Global Shipping Giants bet big on ULCVs as trade flows evolve
The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape commercial dynamics. According to Veson Nautical‘s Shipping Market Outlook for
South Africa advances plans to decarbonize shipping sector
South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping emissions and establish a national task force and action plan to drive the effort.
Piyush Goyal interacts with Heads of Commercial Wings in Indian Missions Abroad
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal interacted with Heads of the Commercial Wings posted in 74 Indian Missions abroad across 61 countries on 16th July 2025 through video
Commerce Ministry tracks import surges, alerts line ministries to tackle dumping threats
NEW DELHI : The Union Commerce Ministry has started monitoring unusual surges in imports of several commodities and is sending regular reports to line ministries. Due to trade diversions worldwide, as exports seek low-tariff
L&T to invest ₹1,000 crore in its ship building complex at Katupalli
KATUPALLI : Construction major Larsen & Toubro Ltd plans to invest ₹1,000 crore in its ship building complex at Katupalli near Chennai to reach its intended production capacity. In 2009, the facility had received
India should negotiate trade agreement with US on its own term: EAC-PM chief
NEW DELHI : India should negotiate a trade agreement with the US on its own terms, keeping in view the national interest, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev
DGFT showcases ‘Trade Connect’ ePlatform to empower Indian exporters with global market access tools at IIGF and Toy Biz International Expo
NEW DELHI : To enhance awareness and adoption of the Trade Connect ePlatform, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, participated in two major B2B trade exhibitions this month