Arkas Line extends routes to India
IZMIR : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm
Hapag Lloyd to apply new GRI/GRA from Middle East & Indian Subcontinent to North America
HAMBURG : Hapag-Lloyd announces General Rate Increase (GRI)/General Rate Adjustment (GRA) from Indian Subcontinent & Middle East* to North America** . This GRI/GRA is applicable to containers gated in full from February 1, 2025, and is valid
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
India grabs 3.9 per cent global trade share in textiles and apparel sector
NEW DELHI : India holds a share of 3.9 per cent of the global trade in textiles and apparel, and including handicrafts it comprises 8.21 per cent in total exports in 2023-24, government said
India’s exporters grapple with liquidity squeeze : CII
NEW DELHI : Indian exporters are grappling with significant liquidity challenges due to high interest rates and a decline in export finance, which are undermining their competitiveness, according to Sanjay Budhia, Chairman of the
Gateway Distriparks receives income tax refund of Rs 12.46 cr
NEW DELHI : Gateway Distriparks rose 2.59% to Rs 82.04 after receiving a tax refund of Rs 12.47 crore from the Income Tax Department, reversing an earlier demand of Rs 9.48 crore. Gateway Distriparks
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
IMO Secretary-General’s New Year 2025 message
LONDON : International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key items on the IMO agenda for 2025. In a video message, Secretary-General Dominguez said: “We start 2025 focusing on three main topics,