Aug. sees jump of 18 pc in exports of textile & apparel

Exports of textile and apparel grew 18 per cent in August this year to stand at Rs 21,895 crore as compared to Rs 18,533 crore in the same month in 2017. Similarly, the cumulative figures (April-August 2018) grew 6 per cent to Rs 1,01,727 crore as compared to Rs 95,888 crore during the same period
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Singapore delivered bunker fuel demand is expected to see an uptick in September, compared with August when some shipowners opted to take their bunker fuel at other ports due to fuel quality concerns, market sources said this week. August bunker fuel sales in Singapore had dipped 9.2% year on year to 3.96 million mt, and
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The Major Ports have recorded a growth of 5.13 per cent for the period April-August 2018, registering a throughput of 288.38 million tonnes as against 274.32 million tonnes in the corresponding period of the previous year, as per official data. The highest growth was registered by Kamarajar Port (17.24 per cent), followed by Deendayal Port
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 A faster rise in exports and slightly slower growth in inbound shipments led to India’s trade deficit reducing in August from a six-month high in July. The trade deficit in August was $17.4 billion, compared to $18.2 billion in July. This was due to slower growth in the crucial crude oil import bill, which rose
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China’s steel output eased in August after hitting a record-high in July, crimped by tough production restrictions in major steelmaking regions as part of efforts to clear the country’s smoggy skies. The world’s biggest steel maker churned out 80.33 million tonnes of crude steel last month, according to data from the National Bureau of Statistics
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Bunker fuel sales in Singapore in August fell 9.2% year on year to 3.96 million mt, preliminary data released by the Maritime and Port Authority of Singapore showed. August sales were also down 1.8% from 4.04 million mt in July. Vessel arrivals in Singapore for bunkering fell 6.18% year on year to 3,128 in August,
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 India’s exports grew by 19.21 per cent to $27.84 billion in August on account of healthy performance by sectors such as petroleum etc. “Export trade during August 2018 recorded at $27.84 billion, a positive growth of 19.21 per cent. Exports excluding Petroleum also reported a positive growth of 17.43 per cent,” Commerce and Industry Minister
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A total of eight incidents of armed robbery against ships1 were reported in Asia in August 2018. No piracy incident was reported. There was also no report of abduction of crew in the Sulu-Celebes Seas and no hijacking of ships for theft of oil cargo reported in August 2018. AUGUST 2018 NUMBER OF INCIDENTS In
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MUMBAI: Loaded export-import Containers hauled on foreign flag ships for transshipment at Indian Ports in August exceeded the empties moved on foreign vessels, indicating that the Shipping Ministry’s policy shift in May, allowing foreign carriers to ferry these two container segments on local routes, has started yielding results. “Between May and August, there has been
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VISAKHAPATNAM: The Container Freight Station (CFS) of Visakha Container Terminal (VCT), located at the export-import park of Visakhapatnam Port Trust, attained the latest feat by achieving 3103 TEUs of throughput for the month of August 2018. Although it was an organic growth in the existing commodities however some of the export products such as high
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