India’s shipping services to East Hormuz and Red Sea doubled from February

Shipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a large number of applications for the Emergency Credit Line Guarantee Scheme 5.0. This comes as tensions in West Asia have impacted maritime trade and insurance. India has launched a maritime insurance pool to support its vessels.

Raccontata daeconomictimes.indiatimes.com