Nepal proposes Customs pact with India to curb border trade offences
KATHMANDU : Nepal has proposed a Customs agreement with India that will enable exchange of information which could help in preventing and reducing customs related offences across the border. India is Nepal’s largest trading
Sarbananda Sonowal announces ‘Panch Karma Sankalp’ at the end of MoPSW’s Chintan Shibir
MUNNAR : Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Shri Sarbananda Sonowal made FIVE major announcements focusing green shipping and digitisation of the ports at the end of the ministry’s second Chintan
Customs system glitch chokes shipments at ports pan India, traders pay heavy demurrage charges
NEW DELHI : Several shipments have been stuck at Indian ports due to glitches in the customs IT system, leading to importers paying heavy demurrage charges. According to trade reports, shipments worth Rs 3,000-5,000
Sarbananda Sonowal says its critical to develop roadmap for greening shipping sector in India
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal on Thursday said it is critical to develop a roadmap for greening the shipping sector in India, reduce pollution intensity and
Economic Survey 2023 pushes for cargo movement through water bodies, ports
NEW DELHI : Expansion of port capacity and development of Inland Waterways in India over the next few years will be key to lowering logistics costs in India, the Economic Survey for 2022-23, which
Freight cost between China, US likely to hit new high amid Omicron breakout
NEW YORK : The unknowns of the new Omicron variant could exacerbate the US port logjam and push freight costs from China to the US’ West Coast to a new high, a veteran industry
Exporters in east go to west Indian ports
NEW DELHI : Until a few weeks ago Patton International, an engineering goods company, was moving more than half its containers from Kolkata to Mumbai for exports to the US due to a shortage of
Container shortage urgent matter, will resolve successfully: Ports Minister Sonowal
MUMBAI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal asserted that the issue of the container shortage would be addressed “successfully” as the matter has been taken up with all urgency.