Mumbai, March 19 India has taken swift and coordinated measures to safeguard the country's maritime trade in the face of the evolving situation in the Middle East, ensuring smooth cargo movement and minimal disruption to supply chains, Union Minister Sarbananda Sonowal said on Thursday...
New Delhi, March 18 The industry body, FFFAI, has sought government intervention to resolve issues arising after shipping lines' decision to impose war risk surcharges on shipments in the wake of the West Asia crisis.Shipping lines have started levying war risk surcharges (WRS) on cargo moving...
cargo operations
fffai
freight forwarding
geopolitical risk
government intervention
india
india trade
logistics
ministry of ports, shipping and waterways
ocean freight
ports and shippingshipping industry
shippinglines
trade
war risk surcharge
Mumbai, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the conflict in...
charges
export-import trade
india
logistics
maritime transport
pricing
pricing transparency
regulatory affairs
shippingshipping agents
shipping industry
shippinglines
stakeholders
vessel operators
west asia conflict
Mumbai, March 7 The Union Ministry of Shipping, Ports, and Waterways has proposed that ports consider requests regarding reductions, waivers, or remission of charges, including vessel change charges, and has also introduced a standard operating procedure (SOP) for them to address issues arising...
New Delhi, March 1 The Ministry of Commerce has convened a meeting of exporters, shipping lines, freight forwarders, and officials from other ministries on Monday to assess the impact of escalating tensions in the Middle East region on India's trade.The US and Israel jointly launched military...
bab el-mandeb strait
european exports
export logistics
fieo
freight rates
india exports
india trade
middle east conflict
red sea
shippinglinesshipping routes
strait of hormuz
trade disruption
us exports
west asia trade