maritime trade

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    Gulf Shipping Bottleneck: Ports Across Asia Face Increased Congestion

    Shipping Congestion Mounts as Strait of Hormuz Remains Closed Singapore, March 26 – Merchant vessels, including oil tankers, are queuing up at ports across Asia as the ongoing conflict in the Gulf region continues to disrupt shipping lanes. A media report on Thursday highlighted increasing...
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    RoDTEP Benefits Restored for Indian Exporters Amid West Asia Crisis

    New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters until March 31 amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported...
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    Export Support: Government Addresses West Asia Trade Challenges

    New Delhi, March 23: In light of the evolving geopolitical situation due to the Iran war and its implications for maritime trade, the Centre has decided to restore the rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for all eligible export...
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