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Trade News

Trade Update Review - March 7, 2022

February ended with PIL launching a new service connecting China and Australia, Hapag – Lloyd unveiling China Germany express service, MOL and partners setting a world record on autonomous navigation and Maersk launching an intermodal freight service linking the Far East to Europe. Closer home, India expects to see 80 percent exports to UAE to be duty free post FTA. Read on to know more.

Trade News

Trade Update Review - February 24, 2022

Operating a bunkering vessel on biodiesel, enabling VGM input on mobile app and widespread availability of end-to-end DP World visibility platform CARGOES FLOW have enlivened the shipping world in the beginning of February’s second half. Other noteworthy developments include MSC emerging as the top feedering provider, CMA CGM vowing to stop carrying plastic waste and first paperless trade finance transaction through TradeLens. Read more

Trade News

Trade Update Review - February 15, 2022

February second week saw ONE adding a new service linking North China and Straits to ZIM enhancing Latin America services, OSRA being introduced in the American Senate, MOL signing a slew of agreements, the Indian government assuring to raise tonnage under its flag and the new SEZ law to be WTO compliant. Read more

Trade News

Trade Update Review - February 8, 2022

The first week of February in the shipping world was eventful with features such as Maersk expanding footprint in Bangladesh, long term contracted ocean freight rates declining marginally, a slew of developments from CMA CGM, findings of schedule reliability dropping to a record low in December and Hapag – Lloyd registering $12.8 EBITDA among others.

Trade News

Budget 2022-23: Logistics & MSME Support Focus

The 2022-2023 Union Budget introduces a slew of measures to further the vision of ‘Atma Nirbhar Bharat’ and pushes economic growth in the lead up to India’s 100 years of independence. Our Finance Minister emphasized the importance of the PM Gati Shakti National Master Plan in building multimodal connectivity and improving logistics efficiency. Read more.

Trade News

Trade Update Review - February 1, 2022

The shipping and maritime industry has witnessed many heartening developments in the form of deployed vessels capacity remaining impressively high during the four-week period starting from the Chinese New Year, fleet anti-grounding alert software system innovation from a Japanese shipping line, OOCL doubling Q4, 2022 revenues, and French CMA CGM subsidiary Ceva Logistics finding a place in the world of high octane Formula 1 racing through the Italian prancing horse, Ferrari. Read weekly trade updates to know more.

Trade News

Thailand shows great trade potential for India

As key players in the South Asia and Southeast Asia geographies, India and Thailand have deep rooted historical, cultural and trade ties. Leveraging its links with Thailand, India can find better access to trade with the $2.3 trillion ASEAN Economic Community market. Read on to know more about the trade potential between the two countries and beyond.

Trade News

Trade Update Review - January 25, 2022

Get the latest updates on key trade, shipping and maritime developments from across the world which occurred in the past one week

Trade News

Latest Freight News from China- 13th Jan, 2022

Authorities in the port city of Tianjin have put up a tiered lockdown. The Port of Tianjin and the airport have suspended pickup operations for all import containers. Truck deliveries from Tianjin to Beijing are restricted. The airport in Xi’an remains closed. The movement of rail and road freight remains restricted. Freight transportation companies and shippers fear labor shortages due to COVID outbreaks. Trucking operations at the Port of Ningbo slowed. Read more on the latest updates from China