Spices exporters forum allays concerns over ethylene oxide usage
NEW DELHI : In response to recent bans imposed by Singapore and Hong Kong on specific spice exports due to the presence of ethylene oxide, the All India Spices Exporters Forum (AISEF) has stepped forward to
Karnataka Mango exporters faces headwinds due to surging air freight charges
BENGALURU : Mango growers in Karnataka are hit by a double whammy this year — low yield and a dramatic surge in air freight charges. The crisis in the Middle East is impacting the
Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services
TAIPEI : Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000 TEU ships will be deployed from the
Saudi Red Sea Authority and NEOM signs MoU
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to develop legislation, regulations and technology in
Trade deficit narrows slightly to $69.4 billion in March : US Govt
WASHINGTON : The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in exports. The trade deficit contracted 0.1% to $69.4 billion, the Commerce Department’s
APSEZ FY24 net profit jumps 50% – Delivers 3x the India cargo growth rate and a record volume of 420 MMT
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (“APSEZ”) on Thursday announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4FY24 Q4FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change
Adani Ports and SEZ reports 12% growth in cargo volumes in April
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 12% year-on-year growth in cargo volumes in April 2024. The Adani group company in an exchange filing said it handled 36.2 MMT
11th India – New Zealand Joint Trade Committee (JTC) Meeting held in New Zealand
NEW DELHI : A delegation led by the Commerce Secretary, Shri Sunil Barthwal held a number of constructive and outcome-oriented meetings in New Zealand from 26-27 April 2024 to work on ways to deepen