Indian shippers who have been reeling from unpredictable demand may have some cost relief on the way after the Directorate General of Shipping and stakeholders moved a step closer to reaching an agreement over abolition of shipping surcharges.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
02 Oct 2015
The Indian government approved allocating Rs. 468 crore (approximately $72 million) to set up basic infrastructure for the long-awaited special economic zone at Jawaharlal Nehru Port Trust, allowing the country's largest container handler to begin construction on a project that is designed to help drive up its cargo volumes.
30 Sep 2015
Jawaharlal Nehru Port Trust, India’s biggest container handler, is increasing intermodal train deployments and rolling out more proactive measures in an effort to alleviate the backlog of containerized freight built up during the past few weeks.
28 Sep 2015
The Indian federal government is retreating from a controversial “corporatization” plan to transform ‘major’, or public, port trusts into independent companies following stiff opposition from labor unions and some political groups, dealing a big blow to Prime Minister Narendra Modi’s reform efforts to stimulate trade and economic growth.
25 Sep 2015
Major road crossings along the India-Nepal border were closed Wednesday and while the border remains open for people crossing on foot or by bicycle, vehicles have been prevented from crossing by protesters on the Nepalese side and by India's Armed Border Force, the Sashastra Seema Bal or SSB, citing unrest as a security concern.
25 Sep 2015
India’s director general of shipping Deepak Shetty said that while the country is working to streamline its bureaucracy to facilitate maritime trade, the total removal of cabotage protections was out of the question.
25 Sep 2015
Maersk Line announced it is postponing by a month the implementation of the general rate increase it planned to apply Oct. 1 on the Mediterranean-India trade lane.
23 Sep 2015
India’s Jawaharlal Nehru Port Trust, which has been hit hard by a series of labor and other disruptions in the past few months, is turning things around with more intermodal services and the introduction of other proactive steps.
22 Sep 2015
The Federation of Ship Agents’ Association of India, representing ocean carrier agents, claims APM Terminals-operated Gateway Terminals India may be violating its concession contract with the port authority, causing off-and-on labor disruptions at Jawaharlal Nehru Port Trust, India’s biggest container gateway.
18 Sep 2015
In a followup to its earlier directives, India’s biggest container handler, Jawaharlal Nehru Port Trust, has set Dec. 31 as the date by which shipping lines and related stakeholders should set up a paperless system for issuing import delivery orders to cargo interests.
16 Sep 2015
India’s global merchandise exports tumbled 20.7 percent year-over-year in August, the ninth straight month of declines, even as the Narendra Modi-led government continues to roll out new schemes to stimulate trade and economic growth.