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. Patil, Chairman of HMT. On January
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 saving technologies across the global shipping
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 world’s fastest-growing major economy in 2025,
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 not being included in the Foreign
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 terminals like South Asia Gateway Terminals
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 familiar with the matter. Talks between
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
MOSCOW : Russian officials warned of severe environmental damage on Wednesday as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two
India’s goods, services exports likely to cross $800 bn in 2024: GTRI
NEW DELHI : India’s overall exports of goods and services in 2024 has estimated to cross $814 billion, an increase of 5.58 per cent, according to a report by economic think tank Global Trade