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November 22, 2024

BDI still down 10% despite recovery in capesize demand : BIMCO

International Shipping, Shipping Line, Trade, Trending News
LONDON : “The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from
November 22, 2024

Maritime Industry’s Green Future: KR’s latest Magazine reveals Key Decarbonization Insights

International Shipping, Maritime, Shipping Line, Trending News
BUSAN : KR (Korean Register) has released insightful analysis of Carbon Intensity Indicator (CII) ratings across its fleet in the fall edition of KR Decarbonization Magazine, offering crucial insights for maritime companies navigating the
November 21, 2024

India and France will keep working closely in sectors like space, energy and AI : PM Modi

Trade, Finance, Global Trade, Trending News
RIO DE JANEIRO ; Prime Minister Shri Narendra Modi and French President Emmanuel Macron reaffirmed their commitment to advance the India-France Strategic Partnership during talks held on the sidelines of the G20 Summit in
November 21, 2024

Chennai-Vladivostok Shipping Corridor will reshape regional and global trade networks : Sonowal

Maritime, Ports, Shipping, Trending News
NEW DELHI : The Chennai-Vladivostok route is poised to be a cornerstone of this vision, reshaping not just regional but global trade dynamics. In a groundbreaking move poised to reshape trade networks, India has
November 21, 2024

Gati Shakti may go global, as three neighbouring countries show interest

Logistics, Supply Chain, Trade, Trending News
NEW DELHI : A little over three years since its 2021 launch, PM Gati Shakti may soon go global with as many as three neighbouring countries showing an interest in the platform and the
November 21, 2024

Indian Register of Shipping (IRS) and IIT Guwahati successfully complete India’s first Underwater Welding Certification Program

Maritime, Shipping, Trade, Trending News
MUMBAI : Indian Register of Shipping (IRS) and the Technology Innovation Hub (TIH) Indian Institute of Technology (IIT) Guwahati have successfully completed India’s first training and certification program in deep diving and underwater welding,
November 21, 2024

Government unveils city logistics plan for Delhi and Bengaluru to combat pollution : DPIIT

Logistics, Trade, Trending News
NEW DELHI : The Govt. of India has prepared a ‘City Logistics Plan’ for metros such as Delhi and Bengaluru for efficient freight and logistics movement within the city, a senior official of the
November 21, 2024

New requirements for filing of Annual RODTEP Return (ARR)

EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : In a major update to its export policy, the Government of India has issued a directive mandating the filing of an Annual RoDTEP Return (ARR) for exporters benefiting from the Remission
November 21, 2024

Ahmedabad unveils monumental ₹25 Crore luxury river cruise to boost tourism

Cruise Tourism, Trade, Trending News, Water Transport
AHMEDABAD : Ahmedabad is gearing up to introduce India’s inaugural luxury banquet cruise, promising an extraordinary experience along the serene Sabarmati River. With a substantial investment of ₹25 crores, this visionary venture aims to
November 21, 2024

Freight rate surge shocks Indian importers on Asia routes

Export - Import, Logistics, Shipping, Trending News
NEW DELHI : Indian importers sourcing goods from Asia, especially from China, are facing a steep hike in container freight rates, underscoring the ongoing volatility in the shipping market. Market data reveals that spot
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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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