Current Updates
US tightens two norms on import of shrimps, may impact Indian exports
NEW DELHI: The United States has tightened two norms related to its shrimp imports that could hurt India’s shipments even as New Delhi and Washington try to iron out their […]
Cabinet approves developing digital economy among BRICS countries
The Union Cabinet, chaired by Prime Minister, Mr Narendra Modi, has given its ex-post facto approval for the Memorandum of Understanding (MoU) on Collaborative Research on Distributed Ledger and Blockchain […]
Containership fleet growth impacting market recovery feels BIMCO
LONDON: The capacity of the containership fleet is growing too fast for the demand side to keep up, exerting further pressure on the freight rates and hopes of market recovery. […]
Shipping Ministry & Port Unions signs new wage settlement pact
MUMBAI: The Shipping Ministry has signed a new wage settlement pact with employees at State-run ports, under which workers will get a 10.6 per cent hike, which will cost the […]
Union Minister of State for Road Transport and Highways, Shipping, Chemicals and Fertilisers, Mr Mansukh Mandaviya, has said that a customer-centric, globally accessible Shipping Portal will be launched soon to […]
Maersk Line goes live with CargoSphere Digital Rate Distribution
COPENHAGEN: CargoSphere, the neutral rate network for container shipping, announced that Maersk Line has gone live with digital, fully-automated distribution of its contract rates and amendments. Maersk Line, the World’s […]
Oilmeals export rises 24% in April-July 2018 : SEA
NEW DELHI: According to a latest update from the Solvent Extractor’s Association (SEA) of India, the total export of oilmeals was reported at 148983 tonnes in July 2018, recording a […]
