MUMBAI : Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi Port and reroute cargo
LONDON : Whilst the liner industry waits to see what will happen between the 2 superpowers China and the USA in relation to tariffs that the USA has
PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US
NEW DELHI : According to a report by Jefferies, India’s port sector, especially the container volume, is likely to be significantly impacted by the US tariff and the
NEW DELHI : Freight costs have risen by double digits as exporters rush to lock down consignments amid uncertainties over reciprocal tariffs by the US. Shipping companies and Indian exporters are
By Mr. Gautham Krishnan The Drewry World Container Index (WCI) registered a 6% weekly fall (over 15% for the fortnight) recording USD 2,629, its lowest since the 60%+
LONDON : “Since 2019, the global container market has grown 8%, ending at 183.2m TEU in 2024 according to Container Trade Statistics. However, growth has been very uneven
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
LONDON : At the end of 2024, the container ship order book was 8.3m TEUs, a new record compared with the previous high of 7.8m TEUs in early
LONDON : The Drewry World Container Index (WCI) composite index increased by 2.68 per cent to $3,905 per 40-foot equivalent unit (FEU) on January 5, 2025, up from