Container Shipments

Smart TV shipments record double-digit growth of 28% in 2022: Report

India's smart TV shipments recorded double-digit growth of 28 per cent in 2022, which was led primarily by the festive season in the third quarter of multiple new launches, discount events, and promotions, said a Counterpoint Research report. Moreover, demand for bigger screen-size TVs in the lower price tier also fueled the growth, it said. While in the December quarter, after the festival sales, smart TV shipments were almost flat at 2 per cent Year-on-Year (YoY) due to a slowdown in demand. Smart device maker Xiaomi continued to lead India's smart TV market in 2022 with an 11 per cent share. This was followed by Samsung, LG, One Plus and TCL, respectively in the fast-growing Indian smart TV market. OnePlus and TCL were among the fastest-growing smart TV brands in 2022, said the Counterpoint Research report. While Sony was among the preferred brands in the premium segment. In 2022, over 99 per cent of the TVs were assembled locally, while only some high-end TV sets were import

India's TWS shipments register 85% growth in 2022, boAt leads: Report

India's TWS (True Wireless Stereo earbuds) shipments registered 85 per cent (year-on-year) growth in 2022, with boAt leading the market for the third time in a row, a new report showed on Tuesday.

TMS Ep349: India Inc yearly outlook, UPI, power stocks, trans-shipment hub

What's behind Indian CEOs' cautious outlook? Will UPI disrupt the billion-dollar remittances market? Will cold wave keep power stocks warm this winter? Why is a trans-shipment hub? All answers here

Shortage of empty containers in Asia may get worse on Rotterdam jam

Empty container boxes crucial are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe's export hub forces ocean carriers to prioritise shipments of filled boxes

How California's aesthetic regulation created a supply-chain crisis in US

The Port of Los Angeles is two nautical miles from the Port of Long Beach, and the two account for about 40% of U.S. container traffic

SME Chatroom: Banks can write off import entry in IDPMS over quality issues

RBI rules allow AD Category-1 banks to close BoE for such import transactions where write-off is due to short shipment or destruction of goods by port/Customs/health authorities

Car, two-wheeler exports soar in FY22 amid chip crunch, falling rupee

Shipments of Maruti Suzuki and Bajaj Auto vehicles see record jump

Avg price of 40-ft high cube Chennai container drops 5%: Container xChange

Price on October 25 was $5,400, compared with $5,700 in September, despite Covid-driven container shortage across the globe

CBIC extends re-export timeline for imported containers by 3 months

Currently, duty-free imports of containers are allowed with the condition of re-export in the next six months

Exports rise 45% to $33 bn in August; trade deficit at four-month high

This, despite a 45% YoY spike in shipment values; non-oil, non-bullion import growth was 34% YoY

Exports jump 46% to $14 billion so far in June on shipment growth

Imports too rose by 98.33 per cent to $19.59 billion during the period, the data showed

Surrender proportionate incentives to remit export claims: Expert

File the annual return for the year 2020-21 on or before April 30, 2021

Suez Canal authority expects 140 more ships to pass through the waterway

Egyptian President said the Ever Given's grounding had drawn attention to the importance of the waterway for global trade

Received no compensation claims: Japanese owner of Ever Given ship

UK P&I Club has said that it was the protection and indemnity insurer for the Ever Given

Suez Canal blockage: Traffic snarl is making shipping costs skyrocket

It's going to be tough to come up with a single figure that covers everything, and much will depend on how long the massive cargo ship remains stuck in the waterway

GMR Hyderabad Air Cargo signs pact with StaTwig for vaccine shipments

The airport serves as a major pharma hub for air cargo and is one of the primary gateways for vaccine exports from India

Will meet its need for containers from domestic manufacturers: Concor

The Container Corporation of India on Friday said it will meet its annual need for around 8,000 containers from domestic manufacturers and no longer depend on China for its requirement. Commerce and Industry Minister Piyush Goyal on Friday called on the industry to "seriously explore" the possibility of containers being manufactured in India "given its chronic shortage for exports". The Container Corporation of India (Concor), which spends about Rs 200 crore annually on procurement of containers, has already given a developmental order for 1,000 containers each to public sector undertakings Bharat Heavy Electricals (BHEL) and Braithwaite & Co. Concor will soon issue tenders for the remaining 6,000 containers wherein only domestic firms will be able to participate under certain government rules. "As of now, all containers are imported because there is no manufacturing capability in India. We want to push India as a manufacturing hub for containers. "Our requirement is 8,000 ...

Severe container shortage pushing up exporters' cost of doing business

This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown

Container shortage affecting shipment schedules: TEXPROCIL

The Cotton Textiles Export Promotion Council (TEXPROCIL) on Monday said shortage of containers is making it difficult for exporters to complete scheduled shipments despite sharp rise in export orders.

India's export revival may be under threat. Blame it on container shortage

Global trade is being roiled by a shortage of containers because dire predictions of a collapse this year that prompted carriers to cancel sailings have proved too pessimistic