DGFT organizes National Conference on Strategic Trade Controls
NEW DELHI : Directorate General of Foreign Trade(DGFT), Ministry of Commerce & Industry in partnership with the Ministry of External Affairs (MEA) and other Government Agencies organized the National Conference on Strategic Trade Controls (NCSTC),
India to share infra planning tool PM GatiShakti with neighbouring nations
NEW DELHI : India will share the PM GatiShakti initiative with some of the neighbouring countries free of cost as the infrastructure planning tool is helping in effective planning and implementation of projects, a
UNCTAD : Red Sea conflict adds insult to global trade’s injuries
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with geopolitical tensions affecting shipping in the Black
Box lines launch Red Sea services despite Houthi risks
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express (JDX) service calling at Tanger Med,
Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
INS Sumitra Carries out 2nd Successful Anti Piracy Ops – Rescuing 19 Crew members and Vessel from Somali Pirates
NEW DELHI : Indian Naval Ship Sumitra, having thwarted the Piracy attempt on FV Iman, has carried out yet another successful anti-piracy operation off the East Coast of Somalia, rescuing Fishing Vessel Al Naeemi and
KEZAD Group announces AED 621m investment for New Warehousing Capacity
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, today announced that it has commenced the development of warehousing capacity of more than
Red Sea diversion sends shipping costs soaring for Bangladesh apparel exporters
DHAKA : There’s been a more than 30 per cent increase in freight charges and an additional 15 days in sailing time due to ships rerouting away from the Red Sea. Media reports maintained