India mulls subsidies for exporters facing higher shipping costs
NEW DELHI : Given the recent spate of attacks on cargo ships in the Red Sea, India is mulling a variety of measures, including subsidisations for Indian exporters
Indian exporters brace for more price hikes as normalcy evades Red Sea
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez
Red Sea conflict sees Air cargo demand rise
PUTEAUX (FRANCE): Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics. The international transport and logistics
Shippers accuse carriers of price gouging
OSLO : Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged
Half of Red Sea container fleet avoids route after attacks
CAIRO : Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.
US tries to persuade Shippers to sail Red Sea despite Houthi Attacks
WASHINGTON : The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal
Maersk schedules dozens of vessels to travel via Suez Canal
COPENHAGEN : Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on
Basmati prices have fallen as a restive Red Sea hurts exports
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market,
Hapag-Lloyd to decide today about resuming Red Sea routes operation
HAMBURG : Hapag-Lloyd will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after
Shipping giant Maersk decides to resume Red Sea voyages
COPENHAGEN : In a sign of breakthrough in the ongoing Red Sea crisis, shipping giant AP Moller-Maersk Sunday decided to resume voyages through the Suez Canal. This followed the setting up of