Import/Export Industry Notifications
20 January 2021
THE LOADSTAR | Carriers suspend some bookings as CNY holiday sparks barge disruption
20 January 2021
Shipping lines in Hong Kong have raised issues regarding the disruption and added costs to the Guangdong and Hong Kong Governments on multiple occasions following the reduction of Pearl River Delta barge connections until after Chinese New Year (CNY) next month.
20 January 2021
SPLASH24X7 | 37% of all boxes are rolled over
20 January 2021
Over one in three containers are being rolled over worldwide during an unprecedented supply chain challenge hitting the liner community. The latest Ocean Insights figures show that most important ports are seeing elevated levels of rollover cargo from November to December.
20 January 2021
ET | India's budget seen raising import duties by 5%-10% on dozens of items
20 January 2021
India is increasing import duties by 5 to 10 per cent on over 50 items, which includes appliances, electronic components, and smartphones in the upcoming budget.
20 January 2021
THE HINDU | Fishmeal industry looks at Centre for GST reduction to remain competitive
20 January 2021
The fishmeal industry, which makes aquatic feeds, has requested the Centre to decrease GST rates on fish meal and its by-products such as fish soluble paste/stick water and fish oil. The current rates are 5% for fish meal, 18% for fish soluble paste and 12% to fish oil.
20 January 2021
ET | India Subcontracting Expo 2021 to highlight trade opportunities in India for US businesses
20 January 2021
India provides multiple business opportunities to the US in different sectors, such as manufacturing. The Covid-19 pandemic has offered a new opportunity to the country to work with America to build resilient and reliable supply chains that will have the ability to weather future shocks.
20 January 2021
HELLENIC SHIPPING | Fresh controversy over ports handling rice cargo
20 January 2021
AP Maritime Board proposed to allow handling of surplus rice cargo at the new port. It is being opposed by the port workers and barge owners in the fear that gradually the entire lot may be diverted to DWP and the old port faces threat of closure
20 January 2021
TOI | Hardly any finished goods incur anti-dumping duties
20 January 2021
Data collated by government agencies stated that around 7% of the products that face trade remedies against cheap, subsidised imports that cause injury to the domestic industry are capital goods. In contrast, only 2% of the finished products face these levies. Many industries have complained of dumping, but have been either unable to prove it or have joined the trend through production facilities in other countries, often accused of selling cheap stuff in India.
20 January 2021
TOI | Air cargo rising, but UK flight ban hits exports
20 January 2021
The cargo Movement at Goa International Airport showed a steady rise in December handling 576 tonnes of freights. Domestic shipment in December stood at 509 tonnes, while international freight stood at 67 tonnes.
20 January 2021
FINANCIAL EXPRESS | Export recovery: Rivals Vietnam, China far outpace India
20 January 2021
As India’s merchandise exports come back to regularity, two of its key rivals in global markets have surged ahead with greater vigour, beating the Covid-19 blues. While China has pipped India in scripting a resurgence in exports to the US and the EU (excluding the UK), New Delhi’s largest shipment destinations that account for a third of its overseas despatches, Vietnam outpaced even China in the recovery.
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