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COLOMBO CONGESTION
Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jamIndian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability...- Higher freight costs, container import dependence hurt India’s exports: GTRIIndia needs to boost container production, promote domestic use, strengthen shipping firms, and enhance port infrastructure. High freight c...
- Rising freight costs, container shortages threaten exports; need urgent steps: GTRIIndia faces challenges in exports due to rising freight costs, container shortages, and reliance on foreign carriers. GTRI suggests boostin...
- How anti-dumping duty on Chinese EVs affects IndiaInventory pile-up has clogged an already stretched logistics network. Siddharth Jairaj, CEO, TVS SCS global forwarding solutions said, “Bec...
- Bangladesh eyes Indian ports for exportsThe delegation also visited other east coast ports such as Chennai in Tamil Nadu, Visakhapatnam and Krishnapatnam ports in Andhra Pradesh, ...
- Trade routes in turmoil: Why Indian exports are piling up in Colombo and SingaporeAbout 75% of India's transshipped cargo is handled at ports outside India, and the major trade routes connecting India to various destinati...
- Adani gets Green nod for Rs 45,000 cr Mundra Port capacity expansionGautam Adani-led Adani Ports & Special Economic Zone Ltd (APSEZ) has received the key environmental and coastal regulation zone approval fr...
- Adani Ports confident of making $650 million foreign currency bond prepayments by Feb: Karan AdaniAdani Ports & SEZ CEO, Karan Adani, has expressed confidence in repaying the $650 million of foreign currency bonds that are due in Februar...
- Asia Cup 2023 final sold out as Sri Lanka and India gear up for epic showdownThe final match of the Asia Cup 2023 between Sri Lanka and India has been sold out, with all tickets being snapped up. Sri Lanka Cricket ad...
- India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containersIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containe...
- Rice exporters seek government help to deal with high freight rate, container shortageExporters have sought government assistance in transportation and marketing along with benefits of export-promotion schemes, VK Kaul, execu...
- Sri Lanka coronavirus prison riot leaves 8 dead, over 50 woundedThe incident comes as pandemic-related unrest has been growing in Sri Lanka's overcrowded prisons. Inmates have staged protests in recent w...
- India faces container shortage due to export-import mismatchThe waiting time for an access to a container for exporters is now two-three weeks, compared with a maximum of four days earlier, said indu...
- Massive power outage: Sri Lanka goes dark after nationwide power breakdownThe Ceylon Electricity Board (CEB) said the power disruption was due to a transmission failure at the Kerawalapitiya Grid Sub- Station. The...
- India, Bangladesh sign SOP to operationalise Agreement on Coastal Shipping”Several Joint Technical Committee (JTCs) meetings have also taken place between India and Bangladesh on the issue of coastal shipping.
- Hyderabad is best city to live in India: MercerBesides Hyderabad, the list figures seven other Indian cities -- Pune (145), Bangalore (146), Chennai (151), Mumbai (152), New Delhi (154) ...
- Indian warship scrapes merchant vessel off VizagThe Navy promptly ordered a board of inquiry into “the circumstances” that led to the mishap, which was described as “very serious” by insi...
- Sri Lanka Ports Authority keen to invest in Indian port projectsSLPA is in talks with Indian port companies to form consortiums to invest in Indian port projects, said people familiar with the developmen...
- IATA, airlines punch holes in private airports' claim of low chargesDomestic airlines such as Kingfisher and Jet Airways are demanding a reduction in airport charges as individual operators unilaterally fix ...
- Foresight plans luxury cruises in LakshadweepUK’s $350m Foresight group, owned by London-based NRI Ravi Mehrotra, has got clearance from the Indian government to operate luxury cruises...
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