Chinese container shipping companies are bracing for a fresh financial hit as President Donald Trump’s administration begins imposing new US port fees on vessels linked to China, further deepening the ongoing trade war and adding strain to already declining freight markets. Cosco Shipping Holdings Co. and Orient Overseas International Ltd. (OOIL) will be the biggest casualties […]
India has taken a major step to boost its maritime ambitions by granting infrastructure status to large commercial ships, a move aimed at expanding the country’s shipping capacity and global competitiveness. The policy, announced on September 19, recognises vessels that meet specific tonnage and Indian ownership criteria as infrastructure assets—making them eligible for easier financing, […]
India has permitted the export of second-generation (2G) ethanol for fuel purposes. “Additional policy condition for export of 2G ethanol is notified with immediate effect,” Directorate General of Foreign Trade (DGFT) said earlier this week on the government decision expanding the scope of the export beyond non-fuel purposes. The exports are permitted for fuel and non-fuel purposes, […]
In a major development, China has slashed the 30 percent import duty on Indian pharmaceutical products to zero. This landmark step will allow Indian drug manufacturers to export medicines to China without paying any customs duty. Experts say this decision could boost Indian pharma exports by billions of dollars in the coming years. The announcement comes […]
Bilateral trade between India and Bangladesh has taken a sharp hit, with non-tariff barriers imposed by both sides raising transaction costs by nearly 20 per cent, according to Bangladesh’s Ministry of Commerce. With cargo movement through land ports declining steeply, traders are increasingly forced to reroute industrial imports and exports via Chittagong Port, a shift that […]
The European Commission is discussing a proposal to bring forward a ban on Russian liquefied natural gas in a new package of sanctions against Moscow over its invasion of Ukraine, an EU official said. The new push follows a call between European Commission chief Ursula von der Leyen and U.S. President Donald Trump on Tuesday. The […]
Gateway Distriparks Limited is proud to announce the launch of the “Garhi–Mundra Niryaat Cargo Express”, a dedicated, time-tabled rail service introduced by Indian Railways. This first-of-its-kind service connects ICD Garhi (Gurgaon) to Mundra Port with an assured transit time of just 25 hours, setting a new benchmark in efficiency for India’s export logistics. The initiative marks […]
The recent tariff hikes by the United States have introduced new challenges for global trade, particularly along the China–US air cargo corridor, one of the busiest freight routes in the world. E-commerce airfreight volumes from Asia to the US have fallen by an estimated 20–30% since the changes were announced. In response, Mumbai-based Jet Freight Logistics […]
Indian Railways has flagged off the first industrial salt-loaded rake from Sanosara on the Bhuj–Naliya section to Dahej, marking a new milestone for the region’s salt industry. Railway Minister Ashwini Vaishnaw, sharing the development on X, said the move would “open new avenues” for the salt sector and boost freight growth. The Ahmedabad Division Railway Manager […]
In a landmark move set to redefine long-haul logistics in India, Container Corporation of India Ltd. (CONCOR), in collaboration with Indian Railways, has launched a dedicated End-to-End Parcel Service. The inaugural service commenced on 7 August 2025, operating from BIRD Terminal, Mumbai to SGYT Terminal, Kolkata via Indian Railways’ Parcel Van (VP) under the JPP-RCS […]