Freight rates on Indian trades move up amid Suez Canal routing disruptions
MUMBAI : After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the
Egypt and Jordan agree to operate new maritime route, an alternative to shipping via the Red Sea
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line
Shipping Secretary Level Talks concludes with path breaking decisions in Dhaka
NEW DELHI : Three high-level talks held between Government of India and Government of Bangladesh at Dhaka including Shipping Secretary Level Talks (SSLT), 22nd Meeting of Standing Committee
Again another cargo ship hit by drone, on the way to India; was fired by Houthis : US
MUMBAI : A Gabon–flagged commercial oil tanker on its way to India with 25 crew, all of them Indian nationals, came under a drone attack in the southern
Increasing exports and reducing imports new ways ahead for patriotism : Nitin Gadkari
NEW DELHI : Increasing exports and reducing imports is the new way ahead for patriotism and “swadeshi”, and it will be a “new freedom” for India when not
Vibrant Gujarat: Rs 67,000 cr worth investment proposals signed in petrochemicals sector
GANDHINAGAR : many as 11 Memoranda of Understandings (MoUs) amounting to a total of Rs 67,000 investment potential were signed at a pre-Vibrant Gujarat Global Summit event held in Bharuch.
SMP Kolkata opens doors for private investment in riverside luxury projects
KOLKATA : Syama Prasad Mookerjee Port, Kolkata (SMPK) expects significant investment from private players for riverside luxury projects for which the port has started leasing its prime land.
CBIC enabled the Gold Imports under India-UAE CEPA for valid TRQ Holders
NEW DELHI : The CBIC has issued Notification No. 66/2023 dated December 22, 2023, amending Notification No. 22/2022-Customs dated April 30, 2022. This amendment specifically pertains to facilitating gold imports
JNPA hires IDBI Capital Markets as transaction advisor to raise debt for mega Vadhavan Port
MUMBAI : State-owned Jawaharlal Nehru Port Authority (JNPA), which is helming the construction of a mega port at Vadhavan near Dahanu in Maharashtra’s Palghar district, has hired IDBI
No longer dry, GIFT City may see investment floodgates open
GANDHINAGAR : The Gujarat government’s move to relax liquor laws in GIFT City is likely to open the tap for investments in the area. Industrialists and real-estate operators
