Import/Export Industry Notifications

China's bid to get a toe hold in the Indian ports sector has been scorned by the government, forcing the French container shipping Group CMA CGM S A to call off a deal to sell the 50% stake held by its unit, CMA Terminals Holding, in Adani CMA Mundra Terminal Private Limited (ACMTPL).

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According to officials, Bangladesh imported around 700,000 tonnes of rice from India in the last six months against a planned 1.5 million tonnes.

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Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, maintained its steady surge in cargo handling despite the various challenges faced during the past few months. During the past months, the port has implemented a host of measures to do the business efficiently, economically, and that is suitable for the EXIM community.

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The ₹2.5-crore packhouse has been set up under the Vegetables and Fruits Promotion Council Keralam (VFPCK) supervision at Pariyaram, near Chalakudy in Thrissur district. It is expected to give a fillip to the export of fruits and vegetables from Kerala via the marine route. The facility is expected to be inaugurated in about three weeks, sources in VFPCK said.

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The Lakshadweep administration has roped in a private partner for the export of premium quality tuna fish to Japan. The first trial consignment of chilled tuna was transported from Agatti airport to Bengaluru on Saturday.

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The Central Board of Indirect Taxes and Customs (CBIC) has extended the accreditation of merchants who are trusted for their cargo security standards, giving relief in cases where certification had expired between April and May.

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Analysts point to a sharp fall in Basmati rice exports from Pakistan by 32% in volume and 28% value during July 2020-March 2021. Pakistan Basmati rice exports have been affected because of pesticide residue issues. The pesticide issue is a serious one that the Centre has to tackle at the farm level.

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Some vessels that were regularly calling YICT and will momentarily change their usual schedule because of the rise in COVID confirmed cases in Shenzhen, where the port is located. Because these changes could potentially influence the export cargo planning, Hapag-Lloyd has made an overview for easy reference.

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Marty Oberman, chairman of the US Surface Transportation Board (STB), is a prolific letter writer these days and has penned several missives to CEOs of the Class I rail companies and the Association of American Railroads expressing concern over service issues.

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