Odisha searching to double seafood exports with ‘Paradip’ brand name
PARADIP : The Odisha Government is on a mission to double the export of seafood from the Paradip Fishing Habour. With a team from Europe scheduled to visit
India expands global market share in Petroleum, Gemstones, and Sugar exports over five years
NEW DELHI : India’s export competitiveness has significantly improved across various sectors—especially in petroleum, gemstones, agrochemicals, and sugar—over the past five years. According to data from the Commerce
Bangladesh turmoil boosts India’s garment export success
NEW DELHI : India’s garment exports are seeing a significant boost due to the ongoing unrest in neighboring Bangladesh. In the first half of the current financial year,
US sanctions 15 Indian entities among 275 for supporting Russia’s military-industrial base
WASHINGTON : The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base. Companies from China, Switzerland, Thailand, and
Xeneta reports the year ‘2025’ as another challenging year for container shipping
OSLO : Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping. “If 2024 has been defined by conflict in the
Bahri posts solid growth in first 9 months; net profit up 40%
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, announced its financial results for the third quarter and the first
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for
Shanghai gears up to build digital, intelligent & green international shipping center
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are
Xeneta Shipping Index October 2024: Long term market turns a corner as rates fall
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®,
Egypt reports $6B loss from Houthi attacks on commercial shipping
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted