US volumes break 2.5 million TEU mark in July; Imports from China set record high
WATERLOO : According to Descartes Systems Group’s latest Global Shipping Report, July container volumes into the United States were the third highest on record, eclipsed only by the first- and second-highest volumes in May
India now depends on Russia for 40% of its crude oil imports : BIMCO
LONDON : “During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an
PM Modi releases Big Bang Numbers on Indian Economy
NEW DELHI : Prime Minister Shri Narendra Modi on Tuesday released the Big Bang Numbers on the Indian economy as part of his Bi-Weekly Bharat newsletter for the fortnight of July 15-31 on the
No proposal for PLI scheme for manufacturing of shipping containers: Govt
NEW DELHI : The government on Tuesday said that at present, there is no proposal for a Production Linked Incentive (PLI) scheme for the manufacturing of shipping containers in the country. Minister of State
Bangladesh’s critical garment industry remains closed amid political turmoil
DHAKA : A day after Sheikh Hasina stepped down and fled Bangladesh, country’s main garments manufacturers body has called for a total shutdown of all facilities, a BBC report said on Tuesday. Amid worsening
Bangladesh Crisis : Advantage Tiruppur!
DHAKA : With the crisis in Bangladesh intensifying, the textile sector, which contributes a lion’s share of its exports, is likely to be a victim of the turmoil, with international buyers shifting their focus
Indian spices not banned by Singapore and Hong Kong : Anupriya Patel
NEW DELHI : Indian spices have not been banned by countries like Singapore and Hong Kong, the Ministry of Commerce informed Rajya Sabha on Tuesday. Specific batches of a few spice mixtures exported from
Allcargo Group announces Ketan Kulkarni as DMD of Gati Express
MUMBAI : Allcargo Group has appointed Ketan Kulkarni as Deputy Managing Director of Gati Express and Supply Chain Pvt. Limited (GESCPL). Ketan assumes the new position after serving as the Chief Growth Officer of