COPENHAGEN : A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak
NEW DELHI : The prolonged Russia-Ukraine and Iran-Israel conflicts coupled with the economic instability in American and European markets have had a crippling impact on the MSME sector.
NEW DELHI : Iran-backed Hezbollah has launched a barrage of rockets at an Israeli army headquarters days after Tehran made a “maximum level response” warning to Israel. Iran
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red
KOCHI : The shipping fraternity in the Cochin Port is keeping their fingers crossed, over the decision of some international shipping lines, to introduce a new overweight surcharge
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according
OSLO : Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by
LONDON : A European freight forwarder has accused the lines of creating “artificial demand” by blanking sailings and talking up a looming empty box crisis. The forwarder, who
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a