Container shortage led to rise in freight rates: Gujarat exporters
Exporters from Gujarat have made a representation to the Union government regarding the shortage of containers that has led to 20-60 per cent increase in freight rates. “During
Prem Watsa-led Fairfax weighs bid for Shipping Corporation
Indian born, Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd is weighing a bid for Shipping Corporation of India Ltd (SCI), the ‘navratna’ state-owned company which has been
CBIC relaxes rules for courier import and export of COVID-19 vaccines
The Central Board of Indirect Taxes and Customs has issued a set of regulations to amend the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010, in
Year End Review -2020 : Ministry of Ports, Shipping and Waterways
In the year 2020, the government has undertaken several important progressive policy interventions and new initiatives to accelerate the overall development of the shipping sector. COVID Management To
ECI, UAE export credit company partners with ECGC India to bolster Trade ties between UAE & Ind
DUBAI: Etihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with ECGC Limited (ECGC), the premier export credit agency of India, to explore and bolster
Cotton textile exporters seek trade agreement with U.K
The Cotton Textiles Export Promotion Council (Texprocil) has sought early completion of a trade agreement with the UK. Chairman of the council Manoj Patodia has said in a
1st time after 7 months, Ports reported a positive growth in October & November : ICRA Ratings
MUMBAI: The ports for the first time after seven months reported a positive growth in the months of October and November when the cargo traffic went up by
Import monitoring system being developed for several sectors: Commerce Ministry
The commerce ministry on Wednesday said an import monitoring system is being developed for several sectors, including aluminium, copper, footwear, furniture, sports goods, and gym equipment. The system would help gather
MSC enhances connection between India and West Africa
GENEVA: To enhance our services to customers shipping goods between India and Africa, MSC has announced a new Direct Service from India to West Africa, the MSC India
Adani Ports gets green nod for ₹12,256-cr, Phase 3 expansion of Krishnapatnam Port
The Adani Group-owned Krishnapatnam Port Co Ltd (KPCL) has received backing from a key government agency tasked with recommending environmental and coastal regulation zone (CRZ) clearance for the