by Hari Kumar | Dec 22, 2023 | International News, Ocean Logistics, Trade News
Dear Customer, In view of recent events concerning various container ships being attacked in the Red Sea area, shipping companies declare pausing all journeys via Red Sea and Suez Canal. As per information, to safeguard your valuable Cargo, Vessels and its Crew, all...
by Hari Kumar | Apr 7, 2023 | Trade News
The new foreign trade policy 2023, announced recently outlines the vision to take India’s goods and services exports to $2 trillion by 2030. The Foreign Trade Policy 2023 of India is a major milestone in not only the foreign affairs of India but also in the...
by Hari Kumar | Apr 29, 2021 | Export Compliance, Import Compliance, Ocean Logistics, Trade News, Uncategorized
Increase in Air Freight Rates Due to COVID-19, many things have taken a different turn. This caused different impacts globally including the cost of shipping goods and exports taking a high hit in the rates. The exports take place through three major modes: Train,...
by Hari Kumar | Apr 5, 2021 | Trade News
Ministry of Commerce & Industry, Govt. of India made it mandatory to update the IEC details for all IEC holders every year. The Directorate General of Foreign Trade (DGFT) issued a notification that from April to June once every year the IEC holders are now...
by Hari Kumar | Mar 18, 2021 | Trade News
The first Sale has been a very common way out for the people to reduce the customs duty liability on the goods which are being imported to the United States. U.S. Court of International Trade, therefore, issued a decision with important ramifications for any such...
by Hari Kumar | Mar 1, 2021 | Trade News
Severe container congestion has hit Shenzhen’s Yantian port. The port is responsible for handling one-third of Guangdong’s foreign trade shipments and one-quarter of China’s exports to the U.S. Yantian port mainly connects China with Europe and the U.S. The port has...
