An economic partnership agreement signed earlier this year between India and the United Arab Emirates is driving new trade opportunities, prompting ocean carriers to boost service between the two countries.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
23 Nov 2022
The resumed service at India’s VOC comes as the port has embarked on a raft of new infrastructure projects to position itself as an alternative transshipment hub to Sri Lanka’s Colombo Port.
18 Nov 2022
While a stabilization of rates on the trades out of India was always in the cards, the speed at which the market turned has caught carriers off guard, says the head of the country’s container shipping lobby group.
17 Nov 2022
The new Maersk service is expected to drive more cargo volumes for India's Mundra port, which has already ousted JNPT as the country's busiest container gateway.
11 Nov 2022
Under the modified cabotage mechanism, foreign-flag carriers working the India trade face minimal regulations over the movement of export and import containers meant for transshipment.
25 Oct 2022
The surcharge revisions come as average contract prices out of Indian trades have already declined to the mid-2021 trendline and could drop further to near pre-pandemic levels.
21 Oct 2022
Rates on ocean trades from India continue to slide, although the country’s shipping lobby thinks prices will eventually settle at a midpoint between pre-pandemic levels and the record highs of earlier this year.
18 Oct 2022
Among the Indian port projects in motion is a new deepwater greenfield harbor along the Bay of Bengal that the Adani Group hopes can serve as a growth catalyst for the relatively underrated trade region.
10 Oct 2022
Major container lines serving Indian trades, including MSC and Maersk, have advised exporters they will begin charging a new freight tax that went into effect Oct. 1.
30 Sep 2022
Growth forecasts for Indian exports have been challenged by the dual headwinds of adverse geopolitical factors and rising inflationary pressures plaguing larger economies.
28 Sep 2022
Foreign transshipment demand for Indian containerized exports and imports remains considerable despite recent heightened stakeholder efforts to tame the costly mode in the absence of insufficient origin-to-destination direct connections.
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