March 6, 2026
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India-Middle East-Europe Corridor is a strategic, economic game changer for India and others

February 5, 2024 Trade, Economy, Trending News
NEW DELHI : Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman said that the recently announced India-Middle East-Europe Economic Corridor is a strategic and economic game changer for India and others. While

With a vision of Viksit Bharat by 2047, Interim Budget 2024-25, to facilitate India’s march as the fastest growing economy: FIEO

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : Hailing the Interim Budget 2024-25, President (Officiate), FIEO, Mr Israr Ahmed said that the budget has focused on growth potential of the Indian economy by focusing on investment in modern infrastructure

Vizhinjam Port set to commence operations by Dec; Adani requests immediate payment of Rs 1200 cr

February 5, 2024 Ports, Trade, Trending News
THIRUVANANTHAPURAM : The Kerala government has informed that the construction works of Vizhinjam Port will be completed by May this year. As per the announcement, the port will become operational from December 2024. However,

Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official

February 5, 2024 Export - Import, International Shipping, Logistics, Trade, Trending News
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are

Exporters not traceable, customs broker can’t be held liable after issuance of ‘Let Export Orders’: Delhi High Court

February 5, 2024 EXPORT, Customs, Trade, Trending News
NEW DELHI : The Delhi High Court has held that as a customs broker, the petitioner cannot be held liable because exporters were not traceable after the issuance of ‘Let Export Orders‘ and the export of

India seeks greater market access for steel, rice, shrimp from S Korea

February 5, 2024 EXPORT, Trade, Trending News
NEW DELHI : India has sought greater market access for certain products such as steel, rice, and shrimp from South Korea with a view to boost exports of these goods, an official said. These

BRICS holds $45 Trillion in wealth after Saudi Arabia joins

February 5, 2024 Trade, Trending News
RIYADH : In what is certainly a key byproduct of the alliance’s expansion, BRICS now holds $45 trillion in combined wealth after Saudi Arabia joined. Indeed, the economic alliance introduced five new countries that are set

AD Ports Group and Karachi Port Trust extend collaboration with 25-year concession deal

February 5, 2024 Foreign Ports, Trade, Trending News
RIYADH : Pakistan’s maritime industry is set for expansion with AD Ports Group signing a deal to boost bulk and general cargo operations at Karachi Port Trust’s East Wharf.  The 25-year concession agreement with

Red Sea attacks force firms to test new land routes via UAE, Saudi

February 5, 2024 International Shipping, Logistics, Shipping Line, Trade, Trending News
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass

Red Sea attacks: US, UK, allies strike Yemen’s Houthi-controlled areas

February 5, 2024 International Shipping, Defence, Logistics, Maritime, Trade, Trending News
WASHINGTON : Militaries from the United States and the United Kingdom conducted additional strikes against the Houthi-controlled areas in Yemen on Saturday, US Defence Secretary Lloyd Austin has said. In a statement issued on
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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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