Import/Export Industry Notifications
02 March 2021
SEATRADE MARITIME | Container line schedule reliability at record low for 6th month running
02 March 2021
Global container line schedule reliability plunged to just 34.9% in January 2021 as container carriers continue to grapple with a combination of a sharp surge in demand, shortage of equipment and port congestion on the US West Coast.
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02 March 2021
HINDUSTAN TIMES | Record global food prices benefit Indian farmers, but stoke inflation fears
02 March 2021
Global food prices accelerated for an eighth consecutive month in January to their highest level since July 2014. The latest data from the Food and Agriculture Organisation (FAO)’s food price index showed that being a boon for farmers could also stoke domestic inflation. Higher food prices could complicate the country’s nascent economic recovery, analysts said.
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02 March 2021
ET | Bullish commodity prices boost agri export prospects
02 March 2021
The continuous bullish trend in commodity prices has intensified the prospects of the exports of agricultural produce from India during the Covid-19 pandemic season as global prices of grains like wheat, rice, and maize are ruling at a multi-year high.
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01 March 2021
BUSINESS TODAY | India's port operations back to normal after COVID-19 disruptions
01 March 2021
Indian ports are returning to stabilising their goods' movement after months of operational disruptions since the COVID-19 breakout. All the shipping lines had reduced their capacity to 20-25% in the last year, said APM Terminals Pipavav Managing Director Jakob Friis Sorenson. It is getting normalised now.
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01 March 2021
NEW INDIAN EXPRESS | Kerala planning to export banana to Europe via sea
01 March 2021
The Kerala Government has entrusted the Vegetable and Fruits Promotion Council Keralam (VFPCK) to develop a protocol to facilitate shipping the same to European countries. The program will be implemented with the help of Rs 35 lakh under the Remunerative Approach for Agriculture and Allied sector Rejuvenation program of the Centre.
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01 March 2021
CONTAINER NEWS | Oakland says S. Californian congestion spreading
01 March 2021
Both import and export volumes at the Port of Oakland have fallen by more than 11% as the Covid-19 crisis-induced congestion has impacted the Southern Californian ports, with the shockwave spreading both north and east.
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01 March 2021
CHEMEXCIL | Regarding Market access issues/NTBs with Portugal
01 March 2021
Communication from the Department of Commerce, Govt. of India for Market access issues/NTBs with Portugal has been received. The 5th Session of the India-Portugal Joint Economic Commission (JEC) is scheduled for April 2021. Members are requested to kindly share SPS/TBT issues faced with regard to Portugal before 26th February 2021.
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01 March 2021
ET | Global container shipping rates high but unsustainable
01 March 2021
As per Fitch Ratings, global container shipping companies' performance will be strong in 2021 after a profitable 2020. Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021.
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01 March 2021
LIVE MINT | Govt to release guidelines on ₹150 billion pharma incentive scheme in March
01 March 2021
The central government plans to release guidelines for the ₹150 billion production linked incentive scheme for the pharma sector in March, pharmaceutical secretary S. Aparna told Mint.
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