Volume spikes test APMT terminal capacity in India’s Nhava Sheva Port

APM Terminals Mumbai at India’s Nhava Sheva Port (JNPA) is grappling with capacity pressures due to volume surges from more ship calls, according to industry updates.APMT Mumbai, also known as Gateway Terminals India (GTI), is one of five box facilities in Nhava Sheva, which handles a significant portion of India’s containerised trade.Amid growing trade concerns, […]

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Saudi Arabia waives fees for exports, reduces import rates starting October 6

The Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has announced new customs service fees starting October 6, 2024. The new rules include waiving the fees for all customs services for exports. The authority also reduced customs service fees for imports through a new mechanism for calculating import service fees, which involves a fee of 0.15% […]

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Vizhinjam on its way to establishing itself as transshipment hub; fifth ship berthed

The Vizhinjam International Seaport is steadily becoming a major player in global maritime trade as trial operations continue to gather momentum, said Vizhinjam International Seaport Limited (VISL). The latest vessel to berth is MSC KAYLEY, marking another milestone for the port. The ship with 16.5 meter draft successfully berthed at the port on Monday. In addition, another […]

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Tiruppur anticipates 20% growth in garment exports amidst global challenges

Tiruppur, the renowned textile hub in Tamil Nadu, is set to experience a significant boost in garment exports this financial year, with projections indicating a 20 per cent increase. A. Sakthivel, chairman of the India Knit Fair Association, revealed these optimistic forecasts during a press briefing on Friday in Tiruppur. According to Sakthivel, garment exports from Tiruppur […]

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