March 5, 2026
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Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal

January 20, 2025 International Shipping, Global Trade, Maritime, Ocean Attack, Shipping Line, Trending News
LONDON : Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi rebels to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in

Exports to China saw sharpest fall in December

January 20, 2025 EXPORT, COMMERCE, Finance, Global Trade, Trade, Trending News
NEW DELHI : India’s outbound shipments to four of top 10 export destinations – United Arab Emirates (UAE), the Netherlands, China, and Singapore – contracted in December last year, which led to a decline

India sets ambitious target of USD 250 Billion in engineering exports by 2030

January 20, 2025 EXPORT, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian Government aims to achieve USD 1 trillion in exports by 2030, with USD 250 billion expected from the engineering sector, according to Commerce Secretary Sunil Barthwal. This ambitious target reflects

Piyush Goyal to visit Brussels today to underline India’s commitment of trade and investment ties with EU

January 18, 2025 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal will visit Brussels, Belgium for a High-Level Dialogue with Mr Maroš Šefčovič, Commissioner of the European Commission for Trade and Economic Security

Odisha and Singapore-based firms sign MoUs to establish FinTech Hub in Bhubaneswar

January 18, 2025 Technology, COMMERCE, Company, Economy, Finance, Global Trade, Infrastructure, Trending News
BHUBANESWAR : The Government of Odisha’s Electronics and IT Department and Singapore’s Global Finance & Technology Network (GFTN) signed an MoU to establish a Global Competency Centre in Bhubaneshwar to foster FinTech collaboration, with a focus on developing

MSC launches feeder service connecting Vizhinjam Transshipment Terminal and Haldia Dock Complex

January 18, 2025 Trending News, Container Terminal, Feeder Operator, Private Port, Shipping Line, Trade
THIRUVANANTHPURAM : MSC has launched a feeder service connecting Vizhinjam Transshipment Terminal and Haldia Dock Complex of SMP Kolkata, reducing dependence on Colombo Port for Kolkata/Haldia trade. The ‘Haldia Shuttle’ service, operating every ten

World Bank estimates Indian Economy to grow at 6.7% for next two fiscal years

January 18, 2025 Economy, Finance, Global Trade, Trending News
WASHINGTON : India’s Economic Growth is projected to remain steady at 6.7 per cent per annum for the next the two fiscals beginning April 2025, according to the World Bank‘s latest growth estimates for

World Shipping Council: Shipping Carriers move to prevent Deadly Charcoal Fires

January 18, 2025 International Shipping, Maritime, Shipping Line, Trade, Trending News
WASHINGTON D.C. : The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations in 2026. In response to a series of devastating fires caused

Biofuel can deliver significant GHG emissions reductions but future uptake could be hampered by supply, says DNV

January 18, 2025 Fuel, International Shipping, Maritime, Shipping, Trade, Trending News
SINGAPORE : According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting compliance with maritime regulations, but their

Drewry: World Container Index down 3% this week

January 18, 2025 Container, International Shipping, Shipping Line, Trade, Trending News
LONDON : Drewry’s World Container Index decreased 3% to $3,855 per 40ft container this week. Drewry’s detailed assessment for Thursday, 16 January 2025 Source : Drewry
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