Container freight rates take a dip amid sluggish exports from India in Sept
NEW DELHI : Freight rates on the main trades out of India got down in September as the pace of exports slowed. On the westbound India-Europe trade, average spot rates for loads from West
Indian Ports shows hiking freight rates by nearly 70% in August (YoY)
NEW DELHI : August 2024 freight rates have surged nearly 70% year-on-year across Indian ports, showing global shipping disruptions, sustained demand and capacity constraints, which will add to the cost burden of India Inc.
India set to play a powerful role for the ambitious IMEEC corridor
NEW DELHI : Indian ports, with their rich historical heritage and strategic importance, are set to play a crucial role in catapulting global trade to the next level. The India-UAE Virtual Trade Corridor deal
Indian Ports see Jan-July bunker, STS calls up 64% on year, monsoon hits July demand: S&P Global Commodity Insights
BENGALURU : Bunkering activity in India has experienced significant growth during the first seven months of 2024, with the total number of bunkering and ship-to-ship (STS) calls to Indian ports increasing by 64% year
As organic rice exports soar during April-July, trade smells something ‘fishy’
NEW DELHI : Organic rice exports from India during the first four months of the 2024-25 fiscal have exceeded the total organic rice exports in the 2023-24 fiscal, leading to allegations of irregularities in the shipments.
India to develop world-class ports in Maharashtra, Andaman & Nicobar to boost maritime leadership : Sarbananda Sonowal
NEW DELHI : Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, announced ambitious plans for India’s maritime future, asserting that the country is on track to become a leading maritime nation under
12 major Indian Ports’ cargo traffic surges 6.8 % to 69.8 MT in June : IPA
NEW DELHI : Indian Ports Association (IPA) data showing that, cargo traffic across 12 major Indian Ports rose 6.8 per cent to 69.08 million tonnes (MT) in June from 64.69 MT in the year-ago
Use of Indian Ports under consideration for rerouting exports by Bangladesh
DHAKA : Bangladesh is set to make feasibility check on potential Indian Ports for rerouting exports to third countries in a change of traditional entrepots, with bilateral connectivity moves now getting in high gear.