Red Sea crisis : Kanpur exporters hold back ₹100 crore-worth consignments
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance
Red Sea shipping pause : Industry sees 30% rise in costs, 2-week delay
NEW DELHI : Industry is bracing for a 30% rise in freight and insurance costs, and delays of around 15 days for consignments to reach Europe, with global shipping majors avoiding the Red Sea and Suez Canal.
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
MoCI panel reviewing guidelines for elections of EPCs & FIEO to submit report by month end
NEW DELHI : (MoCI)The Commerce Ministry has decided to review the eligibility criteria for the election of office bearers of export promotion councils (EPCs) and apex exporters body FIEO to make them more inclusive
Marketing strategy to help tap $112 bn export in 10 nations in 3 yrs : FIEO
NEW DELHI : Aggressive marketing strategy including support from the government can help Indian businesses tap USD 112 billion export potential in ten countries like the US and UK in three years, according to
Government likely to ease Cabotage rules at Global Maritime India Summit 2023
NEW DELHI : The Union government is in the final steps of coming out with new rules for coastal shipping, under which foreign vessels will be allowed to operate in Indian coastal waters, effectively lifting
FIEO seeks support for MSME exporting units
NEW DELHI : The Federation of Indian Export Organisations (FIEO) has sought extension of the Emergency Credit Linked Guarantee Scheme (ECLGS) till the end of March next year. In a meeting with Union Finance
Container terminal at Paradip Port can bring INR 20,000 Crores worth of business to Odisha
BHUBANESWAR : A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as INR 20,000 crores worth of business to the state exchequer, said Jindal Stainless’ Head, Logistics, Mr