COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
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
India is world’s largest democracy and an important strategic partner : U.S.
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
Jebel Ali Port returns to top-10 busiest container ports
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
Elon Musk intends to establish the full Tesla Ecosystem in India : Piyush Goyal
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
India’s overall exports (merchandise + services) estimated to surpass last year’s highest re
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
Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at
New Mangalore Port: Boosting Cruise Tourism
MANGALURU : The arrival of the ‘Seven Seas Navigator’ at New Mangalore Port on December 8, 2023, heralded the commencement of a new cruise season, slated to run
India signs deals with Brazil, Argentina for pulses import
NEW DELHI : India is diversifying its import of pulses to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of
Türkiye’s share in global exports hits record level in 2023
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
Long pending reforms to boost shipping industry, promises BJP manifesto
NEW DELHI : Ahead of the Lok Sabha elections, the ruling Bharatiya Janata Party (BJP) has promised to encourage the growth of the Indian maritime sector through legislative
