May 23, 2026
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August 21, 2024

DRI officials detain over 400 ‘organic’ rice containers at 3 ports 

Ports, Shipping, Trade, Trending News
NEW DELHI : Over 400 organic rice containers have been detained by Directorate of Revenue Intelligence (DRI) personnel in JNPT, Mundra and Kandla Ports following report of alleged irregularities in the shipments. Trade sources said
August 21, 2024

Pralhad Joshi chairs the Project Offtake Agreement signing ceremony for export of green ammonia from India to Japan

EXPORT, International Shipping, Trade, Trending News
NEW DELHI : The Union Minister of New and Renewable Energy, Shri Pralhad Joshi, chaired the signing ceremony of the first-ever agreement for the export of Green Ammonia from India to Japan. The project
August 21, 2024

Indian GDP can hit $55 trillion by 2047 at 8% growth: IMF

Trade, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : India has the potential to grow into a $55 trillion economy by 2047 if both state and central governments enact policies to elevate the nation’s growth rate from its historical average
August 21, 2024

Rupee depreciation shows cracks in economy

EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The fall of the rupee against the US dollar has been accentuated in the recent months with visible cracks in some key economic indicators. The local currency is within kissing distance
August 21, 2024

Gokaldas defers Bangladesh Apparel Unit plan as unrest lingers

EXPORT, Trade, Trending News
BENGALURU : Textile and garments player Gokaldas Exports recently said that the company had been anticipating ‘problems’ in Bangladesh, and has thus not been creating capacities given concerns over security and the business environment.
August 21, 2024

MSC restarts Far East-Australasia Service as rates head north

International Shipping, Shipping Line, Trending News
GENEVA : As Far East-Australia rates have been going up, Mediterranean Shipping Company willrelaunch the North Asia-ANZ Wallaby Service. The service connects Hong Kong, Yantian, Xiamen, Shanghai, Ningbo, Sydney, Melbourne,Auckland, Bluff, Lyttelton, Wellington, Napier, Tauranga, Melbourne,
August 21, 2024

APM Terminals Callao reports 15% year-over-year import surge

Container Terminal, Ports, Shipping, Trending News
PERU : APM Terminals Callao in Peru in the first half of the year, experienced a notable increase in the volumes of a diverse range of products, including wheat, corn, steel coils, and heavy
August 21, 2024

ZIM reports improved revenues of $1.93 billion in Q2 2024

International Shipping, Shipping Line, Trending News
HAIFA : ZIM Integrated Shipping Services Ltd. (ZIM) has reported its consolidated results for the three and six months of the year. In the second quarter, net income was $373 million, compared to a
August 21, 2024

Marlink upgrades hybrid network for Solstad Offshore with flexible Starlink LEO fleet agreement

Maritime, Shipping, Technology, Trending News
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has extended its Sealink NextGen solution for Solstad Offshore to include a flexible fleet agreement for Starlink LEO services. This will increase
August 21, 2024

Wind-assisted ship propulsion nears tipping point for rapid adoption

International Shipping, Maritime, Technology, Trending News
LONDON : The application of wind-assisted propulsion systems (WAPS) across a variety of vessel types is nearing a tipping point with deployment likely to increase rapidly, but the lack of standardisation for verifying fuel
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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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