April 7, 2026
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June 12, 2025

Penalty on CHA for not verifying export credentials: CESTAT sets aside penalty, says CHALR rules apply

Customs, Economy, EXPORT, Finance, Trade, Trending News
CHENNAI : The Chennai Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) set aside penalties imposed on a Custom House Agent employee, holding that procedural lapses such as failing to verify
June 12, 2025

Centre reduces Basic Custom duty (BCD) on major imported Crude edible Oils from 20% to 10%

Import, Customs, Trade, Trending News
NEW DELHI : Centre has reduced the Basic Customs Duty (BCD) on crude edible oils namely crude sunflower, soyabean, and palm oils has been reduced from 20% to 10% resulting in the import duty differential
June 12, 2025

Simplilearn partners with SP Jain School of Global Management to launch Digital Supply Chain Management Certification

Logistics, Education, Supply Chain, Trade, Trending News
BENGALURU : Simplilearn, a global leader in digital upskilling, announced its strategic partnership with SP Jain School of Global Management to offer the Digital Supply Chain Management Certification. This industry-aligned program equips professionals with
June 12, 2025

Panama Canal sets new record for Container Ship Traffic in 2025

International Shipping, Foreign Ports, Maritime, Trending News
PANAMA CITY : Container ship traffic through the Panama Canal reached a new milestone in the first five months of 2025, with 1,200 transits recorded in both directions, according to data from Alphaliner. This
June 12, 2025

New analysis is a wakeup call for shipping industry’s leaders to get serious on voluntary climate standards, as time is running out

International Shipping, Maritime, Shipping, Trending News
LONDON : A new study by UCL Energy Institute Shipping and Oceans Research Group, Wageningen University & Research, and University of East Anglia, revealed that private voluntary standards, such as the Poseidon Principles and
June 12, 2025

UK forwarders agree to support Ethiopia’s logistics sector

Association, Global Trade, International Shipping, Logistics, Trending News
ADDIS ABABA : The British International Freight Association (BIFA) has signed a Memorandum of Understanding (MoU) with the Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA) aimed at helping to modern and enhance the
June 12, 2025

Baltic Index rebounds to Seven-Month Peak on Higher Rates across Vessel Segments

International Shipping, Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rebounded to its highest level in nearly seven months on higher rates across vessel segments. The
June 11, 2025

JNPA posts 17% surge in Container Traffic, Marks Foundation Day with Sustainability, Community Initiatives

Export - Import, Ports, Shipping Line, Trade, Trending News
NAVI MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s largest container gateway, reported a robust 16.97% year-on-year growth in container traffic for May 2025, underscoring the port’s growing role in global and domestic supply
June 11, 2025

Drift and oil spill advisory issued after fire on container ship off Kerala coast

Maritime, Coastal Shipping, Maritime Security, Navy, Ports, Shipping, Trending News
KOCHI : The Indian National Centre for Ocean Information Services (INCOIS) has issued advisories warning of drifting containers and a potential oil spill following a major fire on the Singapore-flagged cargo vessel Wan Hai
June 11, 2025

Insurers may have to shell out money for cargo involved in 2 ship mishaps

Maritime, Coastal Shipping, Shipping, Shipping Line, Trending News
MUMBAI : The two recent ship accidents off the Kerala coast in the last weeks are expected to impact cargo insurance providers. While Indian cargo insurers had some exposure, the vessels involved were container
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