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Now Customs clearances are available beyond normal working hours in ICDs

The CBIC (Central Board of Indirect Taxes & Customs) has handed out a circular to inform the extension of Customs Clearances beyond the normal working…
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Govt makes location tracking device mandatory for vehicles used for carrying hazardous goods

The new mandate by MoRTH (Ministry of Road Transport and Highways) is to equip all goods vehicles constructed on or after September 1, 2022, with…
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Draft Indian Ports Bill issued for stakeholder consultation

The Government of India has issued a draft India Ports Bill, 2022 for stakeholder consultation to revamp the British-era legislation of the port sector  The…
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Sea Intelligence Report Freight Rates expected to Decline on Lower Vessel Utilization

The sea intelligence CEO, Alan Murphy recently said that even though demand across the globe grew by 0.6% year-on-year, a downward trend has been observed…
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SPG Launches Multiple Routes to Further Bolster Trade

In order to enhance the trade ties between China and other member markets in the Regional Comprehensive Economic Partnership agreement, SPG (Shandong Port Group), based…
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Maritime Research Consultancy Reports outpacing of Dry Box pricing

Drewry cautioned that some stabilization has already taken place for several reefer sectors and this will be followed by a slight decline through 2023 as…
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