Export/Import Updates!
April 29, 2020

Sea Port in Vadhavan gets approval by Cabinet

The Indian government has approved the construction of a new major port at Vadhavan. The project will set back the government back by approximately Rs. 65,544.54 crore. The decision to build the port was approved by Indian Prime Minister Narendra Modi. The Union Cabinet approved the project which may put India on the list of the top 10 container ports globally. The new port will reduce the operational burden on the Nehru Port in Mumbai, which is currently the 28th busiest port globally. Despite the introduction of the new port, Nehru Port’s traffic is expected to grow by over 100% by 2023. The new port will be built on the landlord model by SPV. Reclamation and construction activities will begin this year, along with the construction of a breakwater to establish connectivity. All business activities surrounding the port will be undertaken by private developers and public, private partnerships. The move by the government comes in the wake of an increasing level of containerization of cargo globally. Container shipping benefits manufacturers. The new port will ease the operational pressure on other ports and accommodate the expected increase in container traffic at the Nehru Port in Mumbai. The new port will also prepare for increased manufacturing activity in the Maharashtra region.
Editorial Team
Editorial Team
Customer success manager
Tea cup with steam illustration
JOIN US FOR CHAI

Signup & get articles in your inbox

Signup to Cogoport. Get trade new & updates, and get assistance with booking international shipments online!

More articles

Customs Notification: CBIC Announces 3rd Special Drive for Clearing Pending GST Refunds from July 16 to 30

Customs Notification: CBIC Announces 3rd Special Drive for Clearing Pending GST Refunds from July 16 to 30

CBIC notification for 3rd part of its drive for clearing pending GST dues of exporters

Incoterms 2020: Changes That you Need to Know

Incoterms 2020: Changes That you Need to Know

International Chamber of Commerce released Incoterms 2020. Know about the rules for your business, importance in international trade, and all the main updates and changes.

Alert all Shippers! Know all about IMO Sulphur Regulations 2020 now!

Alert all Shippers! Know all about IMO Sulphur Regulations 2020 now!

Wondering what you need to know about the IMO Sulphur Regulations 2020? Read more to get the latest update from scrubbers to bunker fuel and how shipping liners will meet this regulation.

Foreign Trade Policy Update: Import of Urad and Moong Dal Restricted to 3 Lakh MT for All Varieties

Foreign Trade Policy Update: Import of Urad and Moong Dal Restricted to 3 Lakh MT for All Varieties

Union Govt places import restriction on all varieties of Urad and Moong Dal

The SASO CoC (Certificate of Conformity) Will Help Your Rice Export To Saudi Arabia Clear Customs

The SASO CoC (Certificate of Conformity) Will Help Your Rice Export To Saudi Arabia Clear Customs

Learn all about the Certificate of Conformity (CoC) and the SASO Certificate of Conformity for Saudi Arabia.

e-Way Bill Update: Central Goods and Services Tax (Second Amendment) Rules, 2018

e-Way Bill Update: Central Goods and Services Tax (Second Amendment) Rules, 2018

Amendments to the e-Way Bill released by the CBEC on 7th March 2018

Export/Import Updates!

Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Sara Smith
Customer success manager

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Heading

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Resources

No items found.