March 8, 2026
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Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

March 18, 2024 International Shipping, EXPORT, Logistics, Shipping Line, Trade, Trending News
MUMBAI : Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings. MSC, Hapag-Lloyd and CMA CGM

India leading Tech Fuelled Business Confidence in 2024 : Report

March 18, 2024 Logistics, Business, Infrastructure, Trade, Trending News, Warehousing
MUMBAI : New research supported by DP World and led by Economist Impact reveals that Indian businesses are deploying innovation and technology in supply chains to capitalise on opportunities arising out of the shifting geopolitical and trade landscape. The report

Gujarat Govt announces New Purchase Policy with incentives for MSMEs, women-run businesses

March 18, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
AHMEDABAD : The Gujarat Government on Saturday announced its purchase policy 2024 with special incentives for MSMEs and women entrepreneurs in the government procurement of goods and services. The Gujarat Purchase Policy 2024, announced

India is third-biggest smartphone exporter to US with $3.53 bn exports and 254.3 % growth in Apr-Dec this year

March 18, 2024 Trending News, Business, EXPORT, Technology, Trade
NEW DELHI : India has quadrupled its share among smartphone exporters to the US, while the shares of China and Vietnam, the top two exporters of these items to the World’s Largest Economy, declined.

Pakistan’s Salt industry struggles amid shipping crisis

March 18, 2024 Export - Import, Global Trade, International Shipping, Trade, Trending News
KARACHI : Salt Manufacturers Association of Pakistan (SMAP) leaders have urged the government to lift the ban on trade with India and reduce taxes on imported salt materials, including packaging and others, to revitalise

Baltic index slips as capesize losses outweigh panamax gains

March 18, 2024 International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index declined on last Thursday, as a fall in capesize rates overshadowed gains in the panamax segment. The overall index, which factors in rates for capesize,

PM Modi discusses with Bhutanese counterpart Tshering Tobgay about Infrastructure and bilateral ties

March 16, 2024 Infrastructure, Business, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi and his Bhutanese counterpart Tshering Tobgay on Thursday reviewed infrastructure and energy cooperation and bilateral ties between the two countries.  “Both leaders reviewed the progress in

Piyush Goyal launches various initiatives for protection of consumer rights on ‘World Consumer Rights Day’ 2024

March 16, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
MUMBAI : On the Occasion of World Consumer Rights Day, 2024, the Union Minister of Consumer Affairs, Food & Public Distribution, Textiles and Commerce & Industry Shri Piyush Goyal ceremonially inaugurated a number of

Indo-Pacific Economic Framework (IPEF) deal is going to sign in shortly

March 16, 2024 Logistics, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : With the legal vetting of clean economy (pillar III) and fair economy (pillar IV) pillars of the US-led Indo-Pacific Economic Framework (IPEF) completed, the Union government will shortly announce the timeline

India’s February trade deficit widens to $18.71 billion, exports at 11-month high

March 16, 2024 Export - Import, Trade, Trending News
NEW DELHI : India’s Merchandise Trade deficit widened to $18.71 billion in February from $17.49 billion in January, the commerce ministry said on March 15. The trade deficit stood at $16.57 billion in February 2023.
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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