Exporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.

West Asian conflict disrupts Bikaner's food exports, with bhujia, papad, and spices facing severe delays and rising costs. Exporters report...

Shipping lines divert vessels, insurance premiums surge, and new surcharges emerge as tensions in West Asia disrupt key trade route through...

Amidst the turmoil of the West Asia crisis, exporters are grappling with an astonishing 300 percent hike in sea freight rates. In response,...

India's drug exports face a significant threat from the Iran war. Higher freight costs and shipping companies avoiding Gulf routes could im...

The escalating Iran-Israel conflict is poised to disrupt global trade, potentially increasing freight rates and insurance costs, impacting ...

Inflation is easing globally except for soaring cargo costs on high seas, with spot rates for shipping containers to US and Europe tripling...

Heightened tensions between Iran and Israel are expected to increase freight charges and insurance premiums for shipping vessels on global ...

Supply chain woes mount for traders as the Houthi attacks increase freight rates, insurance costs and travel time.

The exporting community has urged the commerce ministry to intervene in freight rates as the shippers are charging huge amounts.

The Red Sea shipping route is used for 30% of India's imports and 50% of exports. Oil imports from Russia usually take this route. The Red ...

India's biggest stainless steel manufacturer hopes to ship out 10-12% of its estimated overall sales of over 2.1 million metric tons in 202...

The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocea...

“As of Sunday 24 December 2023, we have received confirmation that the previously announced multi-national security initiative Operation Pr...

Freight rate for October has risen sharply from $300 to $800 (per 40ft full container load), particularly for Middle East, European, North ...

“Non-availability of containers for the export sector is posing a serious concern for meeting delivery commitments of foreign buyers,” said...

The benefits are under for Maximum Admissible Export Quantity (MAEQ) scheme for the current sugar season 2019-20, which was notified to fac...