A sharp decline in commercial shipping through the Strait of Hormuz has raised fresh concerns over global energy security and its potential impact on India. According to LSEG shipping data, only four commercial vessels transited the strategic waterway on Sunday, compared with eight vessels the previous day, reflecting the growing disruption caused by escalating military […]
In a significant boost to the horticulture exports of Jammu & Kashmir, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, has facilitated the first export shipment of premium Areko Cherries (High-Density European Sweet Cherries) and Scentrose Plums from the districts of Shopian and Pulwama to Singapore. […]
Global shipping major Maersk has announced a sharp increase in its Emergency Contingency Surcharge (ECS) for container cargo moving from India to Northern Europe, effective August 1, 2026, a move expected to significantly increase freight costs for Indian exporters. The revised surcharge comes amid continued disruptions to global shipping caused by the prolonged Gulf conflict, […]
India has secured a landmark agreement to export green methanol to Japan, marking a significant milestone in the country’s transition toward clean energy and its emergence as a global supplier of sustainable fuels. The deal is expected to strengthen bilateral energy cooperation while supporting Japan’s decarbonisation goals and expanding India’s footprint in the global green […]
Coconut exports from Pollachi, Tamil Nadu’s largest coconut-producing region, are showing signs of recovery as geopolitical tensions in West Asia ease, with fresh demand from Gulf countries reviving overseas shipments after nearly three months of disruption. Export enquiries from key Gulf markets have resumed, bringing relief to growers and exporters who were hit hard by […]
Continuous heavy rainfall accompanied by strong winds of 70–80 kmph has severely disrupted operations at Jawaharlal Nehru Port (JNPA) in Raigad, which remains under a Red Alert. Adverse weather conditions have significantly affected vessel berthing, sailing schedules, and cargo movement across major container terminals. At BMCTPL, port operations were suspended from the midnight of July […]
Global shipping major Maersk has announced changes to its Far East–Bangladesh service network as part of efforts to optimise operations, improve connectivity, and better align its services with evolving customer requirements. The network adjustments are aimed at enhancing schedule reliability, strengthening links between Asian markets and Bangladesh, and providing more efficient cargo movement options for […]
India’s refined fuel export growth could face pressure as slower additions to refinery capacity may limit the country’s ability to expand diesel and aviation turbine fuel (ATF) shipments, according to the Organization of the Petroleum Exporting Countries (OPEC). The global oil producer group noted that delays in refinery capacity expansion could affect India’s future production […]
Maersk has launched a new shipping service connecting the Far East with the West Coast of South America, expanding its global network and strengthening trade links between two important economic regions. The new route is designed to provide customers with enhanced connectivity, greater schedule reliability, and improved access to key export and import markets. The […]
India’s imports of Russian crude oil increased in May as refiners expanded purchases to capitalize on competitive pricing and secure feedstock for growing domestic fuel demand. The rise reinforces Russia’s position as India’s leading crude supplier despite ongoing geopolitical tensions and evolving global trade patterns. According to market data, Indian refiners increased procurement of Russian […]