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CARGO DIVERSION CHARGES
Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...- Why will US Navy blockade 'already choked' Strait of Hormuz? Trump blockade order after failed US Iran news talksWhy will US Navy blockade 'already choked' Strait of Hormuz? The question rose after President Donald Trump announced a naval blockade and ...
- DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...
- DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
- DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
- Adani Green, Adani Enterprises, Adani Ports shares rally up to 13%. Here are 3 reasons behind Rs 1 lakh crore surgeAdani Group stocks surged significantly on Wednesday. This rally followed Gautam Adani's move to dismiss a US Securities and Exchange Commi...
- Iran war: Natural gas pool set to release 7 mmscmd to priority sectors amid supply crunchFacing a supply crunch due to the Iran war, India will pool 7 mmscmd of natural gas for city distributors, fertiliser makers, and industrie...
- A distant war, a direct hit: India’s trade arteries choke as Gulf shipping descends into chaosShipping lines divert vessels, insurance premiums surge, and new surcharges emerge as tensions in West Asia disrupt key trade route through...
- Planning early shipments, exploring alternate routes amid West Asia crisis: ExportersIn light of the West Asia turmoil, Indian exporters are becoming agile strategists, monitoring the movements of shipping companies with a k...
- Indian apparel exporters seek waiver of airport demurrage fees due to Iran-Israel conflict-induced flight disruptionsApparel exporters have urged the government to waive airport demurrage charges on export cargo due to flight disruptions caused by the West...
- Tata Motors inks pact with 13 EV charging point operators to boost charging infrastructureTata Motors is collaborating with 13 charging companies. They plan to install 25,000 more public chargers. These chargers are for electric ...
- Lohia Auto launches EV brand 'Youdha', aims to sell 3 lakh vehicles by 2027Lohia Auto unveiled its electric vehicle brand, Youdha. The company plans to produce 3 lakh electric three-wheelers by 2027. Youdha offers ...
- ARTPARK: From legged robots to advanced cargo drones, a look at India's first robotics parkARTPARK, India's pioneering AI and robotics hub established in 2020 within the Indian Institute of Science (IISc) campus, Bengaluru, aims t...
- Half of Red Sea container fleet avoids route after attacksThe tally compiled by Flexport Inc. shows 299 vessels with a combined capacity to carry 4.3 million 20-foot containers have either changed ...
- Govt relaxes norms for coastal movement of agri, farm products: Nitin GadkariThe move is also aimed at promoting processing of seafood at Indian hubs under Sagaramala initiative rather than processing of Indian seafo...
- Govt frees ships from transshipment permits for Indian entitiesThe move is aimed at arresting diversion of Indian container cargo to transshipment hubs at foreign ports that has swelled to 33 percent.
- Industry criticises container terminal handling charges hikeDubai Port World had indicated that from January 1 it proposed to implement an across-the-board increase of 3.48 per cent in their handling...
- Diesel price cuts not easing freight ratesDespite reduction in diesel prices twice totaling Rs 5.62 per litre in a span of 15 days, the truck rental/freight on trunk routes have not...
- Government mulls fund to encourage cargo transportation by shipsDiversion of 5% of cargo transportation to coastal ships can result in annual savings of Rs 2K cr & a 6% reduction in emission of harmful c...
- Monthly bills to cost lessA 2% reduction in service tax will directly touch the lives of over 500 million people by reducing their monthly expenses and leaving more ...
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