Recently, the Indian Foreign Trade Directorate General (DGFT) announced modifications to provisions of Chapter 1 and Chapter 2 of the Foreign Trade Policy 2015-2020 pertaining to the Importers-Exporters Code (IEC). [...]
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The transition was not due to the COVID-19 pandemic but to the response of the carriers. This was the perspective taken from the webinar “Container Shipping Outlook: Analysis of the Trans-Pacífic” [...]
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Shipping Ministry is making rules for the ship recycling industry – which is at present at 4.5 million tonnes per annum (mtpa) capacity and is expected to double by 2024. [...]
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Supply-side difficulties should be tended to at the most punctual to guarantee sound development in the fare area. As indicated by the Federation of Indian Export Organization (FIEO), an 8 [...]
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Parliament has passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. [...]
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In our experience, many U.S. merchants, exporters, and financiers don’t comprehend Incoterms rules. They frequently don’t comprehend the definitions or the dangers and obligations of even their #1 sales terms [...]
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Shippers face a lot more long stretches of expanded cargo rates, as ocean carriers do not indicate facilitating their methodology of keeping limit tight and preferring lucrative spot cargo. With [...]
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With center around the business and better network for cargo transportation, Union Finance Minister Nirmala Sitharaman reported three new Dedicated Freight Corridors (DFCs) of roughly 4,000 km. While introducing the [...]
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Global container service scheduled reliability has declined to its lowest levels since records began, according to new data from SeaIntelligence Consulting. The expert’s most recent timetable dependability information for December [...]
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The World Logistics Passport (WLP), a significant strategy activity set up to expand exchanging openings between developing business sectors, has reported India, Indonesia, and South Africa as individuals. They join [...]
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