Businessmen struggles due to high rates, delayed approvals at port
KOCHI : The industrial community in Kerala is expressing hesitancy to rely on the Kochi coast for their import and export activities. Despite Kochi Port handling a significant
Shipping, allied industries battle choppy waters as margins sink
MUMBAI : Shipping and allied industries are bracing for a rough patch with depleting margins as freight rates are falling to pre-Covid levels or even lower in certain
Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services
MUMBAI : Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to the latest
Commodity exporters faces global economic slowdown
NEW DELHI : The sharp fall in global freight rates from a high of $18,000 to $750 in various sectors such as the US and Europe has not brought any
Maritime decarbonisation, falling freight costs and declining piracy : Report
LONDON : The international shipping industry has a fundamental role in keeping goods moving around the world, so disruption to the sector can have a detrimental impact on
Freight rates on Indian trades continue to cool amid falling export volumes
MUMBAI : Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the latest market
Europe to Asia reefer rates falls
OSLO : Freight rates on the Europe to Asia trades have begun to follow the wider container market down after a period of resistance. According to a market
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation
Container rates confine exports
AHMEDABAD : High ocean freight prices coupled with container and vessel shortage continue to haunt exporters as the spike in shipping costs has taken a toll on exports
When are shipping rates going to normalize?
McKinsey’s Steve Saxon and Jaana Remes explain why shipping rates haven’t fallen and provide a scenario for what to expect in 2022. If you’re in the United States, you