TCI orders for Two New Container Vessels
GURGAON : Transport Corporation of India Limited (TCI) has signed a contract with Nakanishi Shipbuilding Co. Ltd., Japan, to build two cellular container vessels of approximately 7,300 MT deadweight
Customs officer hails traders as real heroes of economy at EXIM-23 Summit
KOCHI : The trading community is the driving force of the economy and the government is promoting trade and commerce actively, Customs Commissioner Gurkaran Singh Bains said here
APM Terminals and DP World join forces to accelerate decarbonisation of ports and terminals
THE HAGUE / DUBAI : Two of the largest container port and terminal operators in the world, APM Terminals and DP World, announced an initiative to accelerate decarbonisation
Ashok Leyland expects 20% revenue from exports in 5 years : Dheeraj Hinduja
CHENNAI : Hinduja Group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive
CBIC issued circular regarding the revision of All Industry Rates (AIRs) of Duty Drawback
NEW DELHI : The CBIC issued Circular No. 26/2023-Customs dated October 26, 2023, regarding the revision of All Industry Rates (AIRs) of Duty Drawback. These revisions were notified in Notification
Saudi Arabia seeks trade deals, mulls BRICS offer to lift exports
RIYADH : Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil
COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7%
BIMCO: Containerships hit their highest average age to date
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping
Cabinet approves Semiconductor Supply Chain Partnership between India & Japan
NEW DELHI : The Union Cabinet has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership, an official statement said on Wednesday. The memorandum of
Union Commerce and Industry Minister Piyush Goyal to attend G7 Trade Ministers’ meeting in Osaka,
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal will attend the Group of Seven (G7) Trade