Indias seafood export at all-time high in 2016-17 : MPEDA
The Dollar Business Bureau Riding on a robust demand for its frozen shrimp and frozen fish in international markets, India exported 11,34,948 MT of seafood worth an all time high of $5.78 billion (Rs 37, 870.90 crore) in 2016-17 as against 9,45,892 tons and $4.69 billion dollars a year earlier, with USA and South East Asia continuing to be the major importers while the demand from the European Union (EU) grew substantially during the period. Frozen shrimp maintained its position as the top item of export, accounting for 38.28 per cent in quantity and 64.50 per cent of the total earnings in dollar terms. Shrimp exports increased by 16.21 per cent in terms of quantity and 20.33 per cent in dollar terms. ...
India and Bangladesh sign MoU for cooperation in marine navigation
The Dollar Business Bureau India and Bangladesh, as part of a regional cooperation initiative, signed a MoU on Aids to Navigation (AtoN). Under the agreement, India will advise Bangladesh on AtoN capacity building for the overall marine navigation development of the South Asian region. International Maritime Organisation (IMO) requires nations all over the world to provide AtoN in their waters as per international norms and guidelines for the effective and safe navigation of vessel traffic. Lighthouses, DGPS, beacons, navigational and mooring buoys are some of the main instruments deployed for navigation in the sea. Directorate General of Lighthouses & Lightships (DGLL) is the authority in India responsible for management and setting up of AtoN in India's oceanic territory. According to the MoU, DGLL will organise training programs for the AtoN management and technical personnel of Bangladesh. On the behalf of Indian Ministry of Shipping, ...
