Import/Export Industry Notifications

Because of the ongoing unforeseeable operational challenges, Hapag-Lloyd still faces a tight equipment situation, affecting their Container Depots in Germany, Austria, Switzerland, Hungary and the Czech Republic. Hamburg Depots: 40´Reefer booking stop for empty pick up until End December 2020. Hamburg Depots: 40´GP booking stop for empty pick up until Mid-January 2021

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The Indian grape season has started; however, with smaller volumes at the moment. From January onwards, large volumes will begin to be harvested. The current farmer protests do not affect the grape season, as sales channels used by grape farmers do not involve the traditional market-platform created by the government.

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For April-November period of the current fiscal, exports dropped by 17.76 per cent to $173.66 billion, in the meantime imports declined by 33.55 per cent to $215.69 billion, resulting in a trade deficit of $42 billion.

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Container shipping lines seem to be making improved margins than ever, as per the new research, which suggests that while customers are facing increasing freight rates, carrier operating costs have started to decline.

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As Indian farmers continue to protest, the protest at Singhu border has affected around 1,800 factories in the Greater Kundli Industrial Area. Located on the northern outskirts of Delhi, Kundli houses hundreds of cold storages and industrial units dealing with textile, steel and export materials.

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To help ease a two-way economic engagement, a website with a massive repository of resources on economic opportunities and news is going to be launched on December 16th, 2020, by the external affairs Minister S Jaishankar. The website which is in the process of being developed and managed by the Economic Diplomacy Division of the Ministry of External Affairs will help in showcasing India’s State-wise, economic, sectoral, strengths that make for an attractive economic partnership.

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Even though shippers are facing payment issues from the largest buyer of the fragrant grain, basmati rice exports continue to grow, particularly to Iran.

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ONE informs that the vessel CCX Wan Hai 509 E111will be omitting at KATTUPALLI call due to vessel schedule recovery, ALL Kattupalli inbound cargoes will be discharged in Chennai.

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Trailer drivers in Busan have started to complain that shipping lines are neglecting repair, clean, and inspect containers. Rather they have passed on the responsibility to them.

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