May 24, 2026
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March 26, 2024

UK & Oman FTAs likely to be part of a 100-day action plan

Global Trade, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The conclusion of Free Trade Agreements (FTAs) with the UK and Oman are likely to be part of a 100-day action plan drawn up by the Department of Commerce for the
March 26, 2024

Adani Ports takes 95% stake in Gopalpur Ports for enterprise value of ₹3,080 crore

Ports, Shipping, Trade, Trending News
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
March 26, 2024

MSC completes acquisition of French Freight Forwarder Clasquin

Logistics, Shipping Line, Trending News
GENEVA : MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced in December 2023 which will be completed by MSC subsidiary SAS Shipping Agencies Services Sàrl. SAS
March 26, 2024

Maersk will avoid Red Sea despite EU security operation

International Shipping, Maritime, Trending News
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety
March 26, 2024

‘No Indian ship attacked but situation in Red Sea volatile’ says Navy Chief

Organisation, Defence, Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
NEW DELHI : The Indian Navy, which has deployed more than 10 warships in the region, has thwarted several piracy attempts in and around Arabian Sea during the last 100 days. Not a single
March 26, 2024

Delhi Airport now to serve as a transshipment cargo hub between Bangladesh & the World

Airports, Air cargo, AIR LOGISTICS, Trending News
NEW DELHI : Delhi Airport received approval from the Government of India on February 7, 2023, allowing DIAL to serve as a Cargo Transshipment hub between Bangladesh and other global destinations for export cargo.
March 26, 2024

Textile exports decreases 4.2% in 11 months of FY24

EXPORT, Business, COMMERCE, Logistics, Trade, Trending News
NEW DELHI : India’s textile exports shrank 4.2% year-on-year (YOY) in the first 11 months of the current financial year, hurt by adverse economic conditions in major destinations such as the European Union (EU),
March 26, 2024

Centre extends export ban on onion till further orders

EXPORT, Trade, Trending News
NEW DELHI : The Centre has extended the export ban on onion till further orders. The decision has been taken to increase domestic availability and to keep the prices of onion under check. Directorate
March 26, 2024

Pirates demand $5mn ransom for release of Bangladeshi crew of MV Abdullah

Maritime, Maritime Piracy, Trending News
SOMALIA : Pirates have demanded a staggering $5 million (₹420 million) for release of 23 Bangladeshi crew held captive aboard the ship MV Abdullah. The Bangladeshi-flagged vessel was seized earlier this month while en
March 26, 2024

Patenga Container Terminal set for April start, to expedite port activities

Foreign Ports, Global Trade, Trade, Trending News
CHATTOGRAM : The much-discussed Patenga Container Terminal, which was built two years ago and formally inaugurated in November last year at Chattogram port, is set to go into operation in April with hopes of
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