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New shipping board is formed to stabilize tariff at major ports, adjudicate PPP Disputes

The MoPSW (Ministry of Ports, Shipping, and Waterways) has plans to set up a Major Port Adjudicatory Board that will manage the nodal body for…
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Harnessing the power of circular supply chains

Harnessing the power of circular supply chains

Reusing, repairing, and recycling of products is gaining traction as more and more people become concerned about the environmental impact of traditional manufacturing processes. That's…
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Container spot freight rates are up for the first time in 43 weeks

Drewry’s WCI (World Container Index) rose to 0.7% for the first week of Jan 2023, showing a fall in the index for the consecutive 43rd…
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India and Bangladesh to discuss free trade pact agreement

India and Bangladesh have started negotiations for an FTA (Free Trade Agreement) to boost two-way commerce and investments. A joint feasibility study on the agreement,…
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India and Australia sign a mutual free trade agreement (FTA)

The free trade agreement between India and Australia has come into effect from December 29, 2022. This move will help both countries increase bilateral commerce…
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Nhava Sheva Freeport terminal to commence operations from February 2023 onwards

Nhava Sheva Freeport Terminal (NFST), a joint venture between JM Baxi and CMA Terminals has recently announced that Jawaharlal Nehru Port Authority (JNPA) will start…
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