WTO announces new rules to streamline the international trade in services
NEW DELHI : The 13th Ministerial Conference (MC 13) of the World Trade Organization announced new rules to streamline the international trade in services. These regulations, which apply on a Most Favored Nation (MFN)
India’s garment exports trail behind China, EU, Bangladesh and Vietnam : GTRI
NEW DELHI : India’s Textiles and Garments Exports have declined over the last five years by 7.6 per cent to $34.24 billion in calendar year 2023 from $37.16 billion in 2018, with China, the
KSH Distriparks announced an impressive 25% surge in import value for 2023, marked by an 8% rise in TEUs compared to the previous year
PUNE : KSH Distriparks, a leading logistics service provider specialising in container logistics solutions, has announced a remarkable 8% growth in container volumes, recording 74,150 TEUs (Twenty-foot Equivalent units) for the fiscal year 2022-2023
CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032
SHANGHAI : On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum of Understanding, extending the operational cooperation of the
MISC Group announces financial results for the year 2023
KUALA LUMPUR : MISC is pleased to announce its financial results for the financial year ended 31 December 2023. Financial Highlights: Group Revenue, Operating Profit and Profit Attributable to Equity Holders of the Corporation
Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO
LONDON : “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports
Baltic index hits over 1-month high on sturdy vessel rates
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains for an eighth straight session to touch 1-1/2 month peak on Tuesday, buoyed by climbing rates across all segments. The overall index,
Prime Minister inaugurates Bharat Tex 2024 and says it is an excellent platform to highlight India’s exceptional capabilities in the textile industry
NEW DELHI : The Prime Minister, Shri Narendra Modi inaugurated Bharat Tex 2024, one of the largest-ever global textile events to be organized in the country at Bharat Mandapam here on Monday. The Prime