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Exporters’ body FIEO seeks 5-year extension of interest subvention scheme

The scheme was extended last month by DGFT till September 30 for MSME manufacturing exporters.

September 24, 2024 17:38 IST

More Indian-flag ships, lower port tariffs on the cards

The decisions were taken at an inter-ministerial meeting called by the ministry of commerce to address the problems being faced…

September 20, 2024 12:51 IST

Aatmanirbhar shipping: Government’s bold new steps to cut foreign dependency and boost domestic maritime industry

These initiatives are central to a strategy aimed at boosting domestic capabilities and reducing reliance on foreign entities.

August 9, 2024 13:05 IST

Kochi water model to be replicated in other cities; Kolkata, Mumbai, Guwahati and Goa in sight – Know details

Ramachandran suggested that the Kochi Water Metro model could be adopted in other states, such as Kolkata, Mumbai, Guwahati, and…

July 17, 2024 10:55 IST

ship recyclers, ship recycling industry, revenue growth, vessel capacity, input cost, capital expenditure, repair cost, insurance cost, foreign currency availability

Turning the tides: Indian ship recycling industry to record revenue growth of 15% this fiscal, says Crisil

Per the Crisil report, the increased availability of ageing vessels will bring down input cost of ship recyclers. This, along…

June 13, 2024 12:25 IST

red sea route, exporters, shipments, maersk, insurance rates, assocham, logistics, jnpt, Suez Canal, Mediterranean Sea, air freight

Red Sea crisis: Government must come to the rescue of MSME exporters

Since the security situation in the Red Sea has started getting worse, it has resulted in higher insurance rates and…

May 26, 2024 11:18 IST

Red Sea, shipping cost, trade data, trade volume, exports, imports, alternative routes, freight rates, global trade, merchandise trade, crude oil

Red Sea crisis: Adverse impact on trade data to be substantial in new fiscal; Asia, Africa, Europe to face most disruption, says GTRI

The Red Sea shipping crisis has disrupted global trade and supply chains, particularly affecting routes through the Suez Canal, which…

March 26, 2024 18:13 IST

Red Sea, Indian exporters, global commerce, delayed payments, financial pressure, transportation cost, shipping companies, MSME, air freight, lad routes, financial planning, govt initiatives

Weathering the storm: Strategies for Indian exporters amidst the Red Sea crisis

The Red Sea, a vital oceanic artery connecting Asia and Europe, has witnessed a rise in piracy and military activities…

March 19, 2024 10:57 IST

shipping companies, alternative routes, Red Sea crisis, global trade, transit time, supply chain, consumer demand, economy, geopolitical landscape, imported products

Shipping companies seeking alternative routes due to Red Sea crisis: How will it impact individual pocket and overall economy

A staggering 12% of global trade relies on the Red Sea route for transportation. However, due to the crisis, major…

March 13, 2024 11:10 IST

Northern Sea Route as an Essential Element to Harness India’s Interests in the Arctic

Fostering Sustainable Growth: India’s Role in the Northern Sea Route Development

February 5, 2024 20:47 IST

shipping disruptions, Red Sea, vessel, seizure, shipping routes, supply chain, costs, inflation, Israeli government

Seized vessel in Red Sea revives fears of shipping disruptions

Tokyo-based Nippon Yusen KK said the Galaxy Leader, a vehicle carrier that it chartered, was taken in the southern part…

November 20, 2023 10:13 IST

delhivery, logistics for MSMEs, shipping, supply chain, delivery, courier, return to order, supply chain for small businesses, delhivery one, post-purchase communication, analytics, international shipping, one-click integration with sales channels, NDR management

Delhivery launches new platform for small businesses to ship without minimum order value

Along with discounted shipping rates on heavier parcels above 5 kilograms, Delhivery One will enable small businesses to seamlessly ship…

August 21, 2023 13:39 IST

Coastal shipping traffic constantly increased in India in last three years: Union Minister for Ports Sarbananda Sonowal

To enhance freight movement through coastal shipping, the Government of India (GOI) has taken measures.

Updated: August 4, 2023 21:57 IST

infrastructure, sittwe port, myanmar, arakan, port, shipping, trade

India-built Sittwe Port raises Myanmar’s hopes for boosting Arakan infrastructure – Key details

The port is linked to Paletwa in Myanmar through an inland waterway, and from Paletwa, a road segment connects to…

Updated: July 22, 2023 10:03 IST

infrastructure news,india infrastructure,infrastructure in india,Sagarmala Programme,gst,union ports,sonowal,parliament,sarbananda sonowal,lok sabha,indian flag vessels,shipping,india

<strong>Centre says 70 projects worth Rs 2,856 crore sanctioned under Sagarmala programme, 15 projects completed – Details inside</strong>

Government said major ports offer coastal cargo vessels a 40% reduction on fees connected to vessels and cargo.

March 25, 2023 15:16 IST

Shipping industry’s FY23 margins may fall to 25-30%: Crisil

“The correction in charter rates across segments is also expected to affect player revenues to some extent,” it said on…

September 13, 2022 07:27 IST

Laying the keel of India’s third nuclear-powered aircraft carrier

While the Sea Trials of IAC were successfully completed, the debate for the third aircraft carrier began to rise. Debate…

Updated: July 19, 2022 18:31 IST

GRSE launches cargo and passenger ferry for Guyana

The government of India stepped in to fund the vessel via a grant and a line of credit to the…

June 17, 2022 09:35 IST

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IndiGo told to clear all refunds by today evening

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Ministry of Civil Aviation caps airfares to prevent surge in prices following IndiGo’s service breakdown. Fare limits set at Rs 7,500 for distances up to 500 km, Rs 12,000 for 500-1,000 km, Rs 15,000 for 1,000-1,500 km, and Rs 18,000 for distances above 1,500 km. IndiGo instructed to clear all pending refunds and set up dedicated support cells

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