Import/Export Industry Notifications

Hamburg-based liner Hapag-Lloyd has splashed approximately $550m on new containers, making it one of the most significant orders in the company’s history.

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A fire gutted the container freight station (CFS) run by Sical Logistics Ltd at Thoothukudi on April 9, adding to the woes of the Mumbai-listed logistics unit of the Coffee Day Group.

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e-SANTA directed at raising farmers' income, improving traceability for exports. The government has launched e-SANTA, an end-to-end electronic trade platform between aquaculture farmers and exporters.

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Fresh COVID-19 restrictions challenge India's port volume acceleration. Sustained demand and tightening capacity have kept carrier pricing on key trade routes out of India elevated at new heights.

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The stand-off between the Suez Canal Authority (SCA) and the Japanese owner of the 20,124 teu Ever Given over compensation has entered the third week.

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Indian Standards are now available Free of Cost. 50% Reduction in the Minimum Marking fee for the Micro industry and start-ups and women entrepreneurs, old licensees will also get an additional 10% rebate.

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Ministry of Chemical and Fertilizers on 13th April accorded approvals to 16 applicants under Production Linked Incentive Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials or Drug Intermediates and Active Pharmaceutical Ingredients in the country.

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Vietnam, which recapitulated rice imports from India after decades of purchasing lower-priced 100%  broken variety, has now begun to buy better quality grades to meet its other domestic needs.

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Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with same scope and coverage, for three more months i.e. upto June 30, 2021

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