February 15, 2026
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COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO

April 18, 2024 Export - Import, Global Trade, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been

India is world’s largest democracy and an important strategic partner : U.S.

April 18, 2024 Global Trade, Economy, Trending News
WASHINGTON : The Biden administration asserted that India was an important strategic partner of the U.S. and added that the status of the relationship is expected to remain unchanged. US Department of State Spokesperson,

Jebel Ali Port returns to top-10 busiest container ports

April 18, 2024 International Shipping, Foreign Ports, Global Trade, Logistics, Maritime, Trending News
DUBAI : Alphaliner’s report said the Middle East’s largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe’s biggest port and demonstrating the scale of the economic

Elon Musk intends to establish the full Tesla Ecosystem in India : Piyush Goyal

April 16, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : Elon Musk has unrelenting ambition as he sets his sights on India, a country full of opportunities for his creative endeavors. According to Shri Piyush Goyal the Minister of Commerce and Industry, Musk is preparing

India’s overall exports (merchandise + services) estimated to surpass last year’s highest record, hit 12-month high of $41.68 billion in March

April 16, 2024 EXPORT, Business, Economy, Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports

Türkiye’s share in global exports hits record level in 2023

April 16, 2024 EXPORT, Global Trade, Trending News
ANKARA : In 2023, Türkiye’s exports stood at $256 billion, rising from $254.2 billion in 2022, according to the official data from the Turkish Statistical Institute (TÜİK). The country’s share in global goods exports

India seriously concerned about crude oil trade due to Iran-Israel war

April 15, 2024 Fuel, Economy, Global Trade, Maritime, Trending News
NEW DELHI : While Israel and allies including the US, UK and France managed to mostly foil an unprecedented attack by Iran on the Jewish state, stock markets in Israel, Saudi Arabia and elsewhere

India’s stand amid threat of Open War between Iran and Israel

April 15, 2024 Export - Import, Foreign Ports, Global Trade, Trending News
NEW DELHI : India, caught in a tight spot over the  Iran-Israel escalation, has advised both nations to exercise restraint. The tension must be resolved through “dialogue & diplomacy”, the foreign ministry said on

APSEZ intends to invest ₹1,689 Crore for ship leasing firm in Gift City

April 15, 2024 Ports, Business, Company, Global Trade, Private Port, Ship Leasing, Trade, Trending News
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has proposed a significant investment of ₹1,689 crore for the establishment of Poseidon Leasing IFSC Ltd, a step-down subsidiary company, to operate within the GIFT

China remains top merchandise exporter in 2023 for 7th straight year

April 15, 2024 EXPORT, Global Trade, Logistics, Trade, Trending News
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the China’s
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