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July 7, 2025

‘Gujarat’s recent policy initiatives closely aligned with India’s national vision for services sector’

Trade, Economy, Finance, Global Trade, Technology, Trending News
Gujarat’s recent policy initiatives are closely aligned with India’s national vision for the services sector, said Mona Khandhar, Principal Secretary of the Department of Science and Technology (DST), at a round table recently organised
July 7, 2025

200 Gati Shakti Terminals to come up along rail freight corridors : Indian Railways

Logistics, DFC, Rail Freight, Railway, Trade, Trending News
NEW DELHI : The government is planning to build 200 Gati Shakti Cargo Terminals (GCT) under the public-private partnership over the next few years along the new freight corridors. Currently, the entire rail network
July 7, 2025

CBI Court sentences two in 2003 duty drawback fraud case, orders Rs. 9 lakh compensation to AEPC

EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The CBI Court at Rouse Avenue District Court (RADC), New Delhi sentenced two individuals — Rajender Sharma and Satyapal Singh — in a 2003 case involving fraudulent duty drawback claims amounting
July 7, 2025

India initiates anti-dumping probe into import of polyethylene from 6 countries

Import, COMMERCE, Finance, Global Trade, Trending News
NEW DELHI : The Commerce Ministry’s arm DGTR has initiated an anti-dumping probe into the import of polyethylene from Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, the UAE following a complaint by Chemicals and Petrochemicals
July 7, 2025

Oil bunker costs to double by 2035 on IMO rules, says Wartsila

Tanker, Fuel, International Shipping, Liquid Cargo, Oil Refinery, Shipping, Shipping Line, Trending News
NEW YORK : Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas emissions, Finland-based Wartsila’s CEO Hakan Agnevall told Platts while laying out
July 7, 2025

Drewry: World Container Index down 5.7% last week

International Shipping, Container, Shipping Line, Trade, Trending News
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes
July 7, 2025

Ship attacked in Red Sea off Yemen with gunfire, rocket-propelled grenades : U.K. maritime agency

Maritime, Global Trade, International Shipping, Trending News
YEMEN : A ship came under attack Sunday (July 6, 2025) in the Red Sea off the coast of Yemen by armed men firing guns and launching rocket-propelled grenades, a group overseen by the
July 7, 2025

Container Market continues its decline

Container, Export - Import, Global Trade, International Shipping, Shipping Line, Trending News
LONDON : Next Tuesday (Tomorrow) sees the end of the pause in Tariffs on imports to the United States as the world waits to see what will happen. The 90-day pause has certainly seen
July 5, 2025

Tamil Nadu Govt pushing for port automation and sustainability : Sunil Paliwal

Ports, COMMERCE, Shipping, Trending News
CHENNAI : Mr. Sunil Paliwal, Chairman, Chennai Port Authority, said here on Thursday while speaking at the Sixth edition of the Southern Regional Shipping Conclave that ‘From green tugs to onshore power supply for
July 5, 2025

DP World Cochin achieves record throughput surpassing 81,000 TEUs in June 2025

Ports, Container Terminal, Private Port, Trade, Trending News
KOCHI : The DP World operated International Container Transshipment Terminal (ICTT) at Cochin achieved a significant milestone by handling over 81,000 TEUs (Twenty-foot Equivalent Units) in June 2025—a 35% increase over May 2025. This
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