Global ocean freight spike due to West Asia war hits M’luru traders | Mangaluru News

Shipping companies have increased war-risk premiums, while marine insurance costs have also risen, affecting prices and supply reliability Mangaluru: Surging global ocean freight charges amid tensions in West Asia is impacting importers and exporters in the city, particularly those in the timber, cashew, and fishing sectors.Vinod Bhai Patel, the president, Karnataka Timber Importers Association, said…

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Karnataka exports grow 9.5% in FY26, Bengaluru continues to drive momentum | Bengaluru News

Bengaluru: Karnataka’s exports grew by 9.5% year-on-year in 2025-26, with Bengaluru continuing to power the state’s export economy through its strong services and technology base, while also contributing significantly to merchandise trade.According to an analysis by the Visvesvaraya Trade Promotion Centre (VTPC), the nodal agency under the state’s industries and commerce department for promoting international…

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