April 5, 2024
March 17, 2026
April 5, 2024
Over 90% DFCs are operational, 138 km to be added by April-end
NEW DELHI : Indian Railways have disclosed that more than 90 percent of the expansive 2,843 km Dedicated Freight Corridor (DFC) is now operational. This significant milestone includes complete coverage of the eastern segment
April 5, 2024
India’s Merchandise Exports may reduce despite expecting double-digit growth in March
NEW DELHI : Merchandise exports from India for the financial year 2023-24 (FY24) may show a contraction of around 1-1.5 per cent after two consecutive years of growth, even as March is likely to
April 5, 2024
India has set a target of $12 billion Marine exports in the next 2 years
NEW DELHI : The Government of India aims to increase its marine product exports to $12 billion in the next two years by increasing its processing capacity and shifting to higher-value-added products. In 2022-23,
April 5, 2024
Commerce Ministry shifts focus to push fresh fruits and vegetables to US and EU
NEW DELHI : With an export ban in place on rice and wheat, the Union Commerce Ministry has shifted its focus to exports of agricultural products including fresh fruit and vegetables to new destinations,
April 5, 2024
Exporters unable to leverage rupee depreciation to boost export order value
NEW DELHI : Despite the rupee hovering around 83.40 to the dollar, exporters are not able to leverage the price competitiveness to boost exports due to a paucity of foreign exchange with India’s major export destinations,
April 5, 2024
DP World and Brazilian railway operator to build new terminal at Santos
SAO PAULO : DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes of grains and fertilizers per year.
April 5, 2024
Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto Uchida served as godmother and christened
April 5, 2024
Hapag-Lloyd introduces new JDX Shipping Service to enhance connectivity between Saudi and African Ports
RIYADH : Maritime connectivity between Saudi and African Ports is set to improve with the introduction of a new shipping service by German container transportation firm Hapag-Lloyd. The new route, called JDX, will connect
April 5, 2024