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Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jam
Indian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability globally. Freight rates have significantly increased for major shipping routes. Shipping lines are citing container shortages and delaying bookings for exporters. This situation impacts Indian trade and causes increased transit times.
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economictimes.indiatimes.com
Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jam
Indian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability globally. Freight rates have…
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Batten down, ride out shipping storm - The Economic Times
Ships are increasingly steering clear of the Suez Canal, resulting in port congestion and longer shipping times than usual. Driven by electronic goods, global trade is booming,…
