Pakistan ports face export backlog as India’s transit ban forces shipping lines to reroute
ISLAMABAD : Pakistan is facing a “big backlog” of export containers at its ports after international shipping lines began bypassing the country, following India’s decision to block vessels carrying Pakistani cargo, officials and shipping
SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the slide in prices, but capacity could
India-Pakistan conflict disrupts regional trade and shipping operations
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 to alternative ports. Exporters and logistics
Baltic Exchange: Container Shipping Market was fairly Flat last week
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 place on China, the market has
Global shipping navigates Trump tariffs uncertainty
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 tariffs. Cargo ships put to sea
India’s container volumes at a higher risk of potential global growth slowdown: Jefferies
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 potential global growth slowdown.“Container volumes at
India braces for higher freight costs and container shortages, with containers stuck in China
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 also bracing for a potential container
WCI Tests New Year 2024 Quotes as Tariff Impositions and GRIs to spell the way forward
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%+ jump recorded to touch USD 2,670