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November 23, 2021

Exports of agri, processed food products up 14.7% to $11.65 bn in Apr-Oct

EXPORT, Trending News
NEW DELHI : Exports of agricultural and processed food products rose by 14.7 per cent to USD 11.65 billion during the April-October period on the back of healthy growth in commodities including rice, and fresh fruits
November 23, 2021

Chabahar sees increase in traffic as Taliban backs trade via port

Ports, Trending News
NEW DELHI : The port of Chabahar in Iran, developed by India, seems to be resuming normal operations after assurances from the Taliban that they want better diplomatic and trade relations with India and
November 23, 2021

DP World Sydney breaks annual TEU handling record in early November

Maritime, Trending News
 SYDNEY : DP World Australia’s Sydney Terminal has successfully handled its one millionth TEU in early November. This significant milestone occurred across 345 vessels, at an average exchange of 1793 units and supports the
November 23, 2021

Pacific International Lines (PTE) Ltd seafarers got Vaccinated

Maritime, Trending News
SINGAPORE : On 15 and 16 November 2021, 34 Pacific International Lines (PTE) Ltd seafarers who are non-Singapore resident, were vaccinated in Singapore. They are among the first batch of sea crew of ocean-going vessels to
November 23, 2021

MOL, Team Eco Trinity successfully convert Microplastics collected from Seawater into Energy

Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines Ltd. (MOL) and Team Eco Trinity led by Novelgen Co., Ltd. announced the successful production of carbon products-a potential source of energy comparable to wood pellets-from microplastics and microalgae,
November 23, 2021

Young International Freight Forwarder of the Year Award 2021 announced at final online event

Logistics, Trending News
GENEVA : FIATA International Federation of Freight Forwarders Associations and TT Club, international freight transport insurer, revealed this year’s global winner of the Young International Freight Forwarder of the Year Award (YIFFYA) during recent
November 22, 2021

Importer-Exporter Codes not updated after Jan 2014 to be deactivated, says DGFT

Export - Import, Trending News
NEW DELHI : The Importer-Exporter Code (IEC) is a key business identification number that is mandatory for exports or imports. No person shall make any import or export except under an IEC number granted
November 22, 2021

Turn GIFT city into global fin hub with help of startups: FM

Trade, Trending News
AHMEDABAD: Finance Minister of India Smt Nirmala Sitharaman  stated that greater coordination connected definite aspects is required among banal speech authorities arsenic good arsenic among antithetic regulators for the aboriginal improvement of GIFT City successful Gandhinagar. “We
November 22, 2021

GST on apparel, textiles and footwear up from 5% to 12%, effective January

Trade, Trending News
NEW DELHI : The Government has increased goods and services tax (GST) applicable on finished products such as apparel, textiles and footwear from 5 percent to 12 percent, effective January 2022. This was notified
November 22, 2021

Containers seized at Mundra used for shipping fuel for nuclear plant: Pak

Shipping, Trending News
ISLAMABAD : Pakistan on Saturday said the containers seized by Indian authorities at Gujarat’s Mundra Port on a Shanghai-bound cargo ship were ’empty’ but were earlier used for the transportation of fuel from China to Karachi
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