May 24, 2026
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February 10, 2024

US and EU impose countervailing duties on Indian products due to RoDTEP Scheme

EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The U.S. and the European Union have now imposed countervailing duties (CVDs) on four Indian products, as a retaliation against the Remission of Duties and Taxes on Export Products (RoDTEP) scheme
February 10, 2024

A.P. Moller-Maersk is the first to secure SBTi validation with new maritime guidance

International Shipping, Shipping Line, Technology, Trending News
COPENHAGEN : The greenhouse gas emissions targets set by A.P. Moller-Maersk have received validation from the Science Based Targets initiative (SBTi), aligning them with the 1.5-degree pathway outlined in the Paris Agreement. This achievement
February 10, 2024

Red Sea crisis reflects on India Inc’s Q3 show

International Shipping, Global Trade, Maritime, Trending News
NEW DELHI : Indian companies are beginning to report early signs of the Israel-Hamas conflict’s impact on business operations, limited to those with exposures to either commodity supplies or related foreign markets. The rise
February 10, 2024

Bahri Logistics and GDC Middle East sign MoU paving the way for Strategic Partnership

Logistics, Trade, Trending News
RIYADH : Bahri Logistics, a business unit of Bahri, the national shipping company of Saudi Arabia and a global leader in shipping and logistics, has signed an MoU with GDC Middle East, a Saudi
February 10, 2024

Engineering goods export to Russia hits record high as Ukraine war enters its third year

EXPORT, COMMERCE, Maritime, Trade, Trending News
NEW DELHI : India’s export of machines, auto parts, steel and aluminum products, internal combustion (IC) engines, pumps and other items to Russia are on the rise, with outbound shipments in the ‘engineering goods’
February 10, 2024

Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30%

International Shipping, Maritime, Trending News
NEW DELHI : Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing in international trade, a report by credit ratings agency Ind-Ra
February 9, 2024

Onus on Pakistan to resume bilateral trade : Goyal

Trade, Economy, Ports, Trending News
NEW DELHI : Union Minister of Commerce and Industry Shri Piyush Goyal informed the Lok Sabha on Wednesday that the onus of resumption of bilateral trade discontinued since August 2019 lies with the Pakistan
February 9, 2024

Satellite-based toll collection likely before Lok Sabha polls : Nitin Gadkari

Logistics, Transport, Trending News
NEW DELHI : The centre plans to implement satellite-based toll collection on highways before the Model Code of Conduct for the 2024 general election kicks in, Road Transport Minister Shri Nitin Gadkari informed Parliament
February 9, 2024

APSEZ has set up a ship leasing unit in IFSC- GIFT City

Ports, Shipping, Trade, Trending News
GANDHINAGAR : Adani Ports and Special Economic Zone Ltd (APSEZ) has set up a ship leasing unit in Gujarat International Finance Tec-City (GIFT City), India’s first International Financial Services Centre (IFSC) under the Special
February 9, 2024

After five months of pause due to the Israel-Gaza war, government hopes to move on the IMEEC

Logistics, COMMERCE, Economy, International Shipping, Maritime, Trending News
NEW DELHI : After months of a pause on the India-Middle East-Europe Economic Corridor (IMEEC) that was launched during the G-20 summit in September 2023 but stalled due to the Israel-Hamas conflict, the government
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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