May 24, 2026
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March 13, 2024

Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI

International Shipping, Maritime, Trending News
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to a report released on Tuesday by
March 13, 2024

Bangladeshi ship ‘M.V. Abdullah’ hijacked by Somalian pirates

International Shipping, Maritime Piracy, Trending News
DHAKA : A Bangladesh flag carrier ship was hijacked by Somalian pirates in the Indian Ocean on 12 March, according to the owner of the vessel, Bangladeshi Kabir Steel and Rerolling Mill (KSRM) Group.
March 13, 2024

Ocean Network Express establishes new West Asia Regional Headquarters in Dubai

International Shipping, Shipping Line, Trending News
DUBAI : Ocean Network Express is pleased to announce the opening of its West Asia Regional Headquarters in Dubai. This strategic move aims to accelerate ONE’s growth and expand its presence in the rapidly
March 13, 2024

Red Sea crisis spurs surge in TEU capacity : Newbuildings fully absorbed

International Shipping, Trending News
YEMEN : The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by vessel diversions to the Cape of
March 13, 2024

SCA announces new Suez Canal mooring regulations and costs

International Shipping, Trending News, waterways
CAIRO : The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’ transit through the artificial sea-level waterway in Egypt.
March 12, 2024

PM to lay foundation stone and dedicate to the Nation various Railway & Infrastructural projects worth over Rs 1,06,000 crores in Ahmedabad today

Logistics, Infrastructure, Railway, Transport, Trending News
AHMEDABAD : In a major boost to Railway infrastructure, connectivity and petrochemicals sector, Prime Minister will visit DFC’s Operation Control Centre in Ahmedabad to lay the foundation stone and dedicate a slew of railway
March 12, 2024

PM Modi to inaugurate command centre of Western Dedicated Freight Corridor today

Logistics, Infrastructure, Railway, Trending News
AHMEDABAD : Prime Minister Shri Narendra Modi will inaugurate the operations control centre of the Western Dedicated Freight Corridor today and some portions of the infrastructure project taken up to decongest the railway network.
March 12, 2024

India-EFTA pact : India to phase out import duties on chocolates, watches, textiles, smartphones

Trending News, Export - Import, Global Trade, Trade
NEW DELHI : Duties on substantial number of goods imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including  chocolates, watches, smartphones, olive oil, corn flakes, machinery, textiles, medicines, cod liver oil, tuna, trout and salmon, will
March 12, 2024

‘A momentous achievement’: Ashwini Vaishnaw launches India’s fastest indigenous router with speed of 2.4 tbps

EXPORT, Business, Technology, Trending News
BENGALURU : Union Minister for Railways and IT Shri Ashwini Vaishnaw remarked that designing and developing an indigenous 2.4 tbps router is really a momentous achievement for the country. He was speaking while inaugurating
March 12, 2024

Ashwani Kumar unanimously elected as the new President of FIEO, aims to enhance the competitiveness of India’s exports expanding its global footprints

EXPORT, Global Trade, Trending News
NEW DELHI : Mr Ashwani Kumar, Partner, Victor Forgings, Jalandhar has been unanimously elected as the New President of the Federation of Indian Export Organisations (FIEO) on March 11, 2024. Mr Ashwani Kumar is
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