Improved volumes, margins point to strong FY22 for CONCOR
NEW DELHI : The Container Corporation of India (Concor) stock has gained over 11 per cent since the last week of August on the back of a recovery in trade volumes and expectations of
PIL launches new South China India Express (SIX) service
SINGAPORE : Pacific International Lines (PIL) announce the launch of a new weekly direct service between South China - India titled South China India Express (SIX) service connecting South China and North Vietnam to
India’s merchandise exports up 46% in August to $33.28 billion
NEW DELHI : The country’s merchandise exports rose nearly 46% to $33.28 billion in August, the data from the Ministry of Commerce & Industry showed on Tuesday. Cumulative value of exports for the period
Need to focus more on air connectivity between India, ASEAN countries: Sonowal
NEW DELHI : There is a need to focus more on air connectivity between India and ASEAN nations to enhance tourism in unexplored areas of the region, Union Minister Shri Sarbananda Sonowal said on
Tamil Nadu set to announce Export Strategy Policy
CHENNAI : The Tamil Nadu government will soon announce an ‘Export Strategy Policy’ with an aim to make the State the largest exporter in the country. Tamil Nadu with 8.97 per cent share in
Global shipping is earning the most money since 2008 as pandemic pain wanes
MUMBAI : The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices
US, China, Europe grapple with container shipping bottlenecks
The world’s largest regulatory agencies overseeing international container trades met remotely to discuss rampant supply chain disruptions as carriers and their customers brace for more turmoil during the fall peak shipping season. The fifth
Explained : Why there is a major container shortage, and its impact on international trade
Reduction in the number of shipping vessels operating as a result of the Covid-19 pandemic has led to fewer empty containers being picked up, leaving many containers in inland depots and stuck at ports