March 5, 2026
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Red Sea Crisis: Shipping rates from Mundra to US, Europe skyrocket

January 10, 2024 Export - Import, Associationn, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a substantial increase in freight rates on

PM Modi to inaugurate VGGS Global Trade Show Today

January 9, 2024 Trade, Associationn, COMMERCE, Economy, Global Trade, Trending News
GANDHINAGAR : Prime Minister Shri Narendra Modi arrived in Ahmedabad on Monday to inaugurate 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar. Today the Prime Minister will arrive at Mahatma

India’s First Inland Waterways Development Council commits Rs 45,000 crore for development of River Cruise Tourism

January 9, 2024 Inland Waterways, Shipping, Tourism, Trending News
KOLKATA : The maiden edition of Inland Waterways Development Council (IWDC) in Kolkata culminated with many firsts in an effort to ramp up capacity and augment viability of inland waterways of the country. The

PSA Mumbai celebrating a historic milestone achievement, surpasses 2 million TEUs mark in 2023

January 9, 2024 Logistics, Maritime, Ports, Private Port, Trade, Trending News
MUMBAI : PSA Mumbai, located in Jawaharlal Nehru Port (JNP) in Maharashtra, one of the leading container terminals in India, is proud to announce that it handled over 2 million TEUs in 2023. The

Adani Group to invest Rs 42,768 Crore in Tamil Nadu

January 9, 2024 Trade, Business, Company, Economy, Trending News
CHENNAI : The multi-business Adani Group has decided to invest a whopping Rs 42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution and generate 10,300 employment opportunities. The

India’s exports may take a $30 billion hit on Red Sea threats

January 9, 2024 EXPORT, Business, Economy, Maritime, Trade, Trending News
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge in container shipping rates and prompt exporters to

India-US shippers hit by three rounds of hefty rate hikes in January

January 9, 2024 EXPORT, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters. MSC has

How Red Sea attacks put India’s trade at risk

January 9, 2024 International Shipping, Trade, Trending News
NEW DELHI : The Gaza war has long posed the risk of escalating into a broader crisis for the Global Economy, and recent developments in the Red Sea are proving this concern to be

Local ship cover may get an India club flavour

January 9, 2024 Maritime, Shipping, Trade, Trending News
NEW DELHI : India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in the country’s coastal regions and inland

Vibrant Gujarat Global Summit 2024 : ‘Rising Gujarat’ as an investment destination for the World

January 9, 2024 Trade, Business, Economy, Global Trade, Trending News
India is experiencing a phenomenal economic growth momentum making it amongst the fastest-growing major economies in the world expected to grow at 6.3% as per the International Monetary Fund’s World Economic Outlook (2023) report.
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