India benefits from supply chain diversifications

Following the geopolitical turmoil, companies into manufacturing space, are diversifying their operations across regions to reduce risk. India has a huge market opportunity with dynamic

Red Sea bounce gives carriers bottom line boost

Source: Container news Those same diversions could further boost carrier incomes as the peak season volumes see demand soar, according to consultants Maritime Strategy International

French shipping giant expects slump in cargo rates

Source: The Economic Times The French company controlled by billionaire Rodolphe Saade and his family returned to profit in the first quarter from a loss

Asian ports hit by Red Sea backlog

Source: Container news Container ship diversions avoiding the Red Sea and Suez Canal are in a continuous state of flux, changing port calls and vessel

Sri Lanka container volumes rise near 50 per cent

Source: The Island The total volumes grew from 441,032 to 652,766 TEU. SLPA ascribed this spike to a number of issues, including the Red Sea

Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%

Source: Reuters Maersk and other shipping companies have diverted vessels around Africa’s Cape of Good Hope since December to avoid attacks by Iran-aligned Houthi militants

Port Klang congestion is temporary and manageable, industry players say

Source: Business Times But economists downplayed the congestion as a result of longer supply chain lead times at Malaysian ports, saying that this is a

Uncertainty Looms Over Long-Term Container Freight Rates

Source: gCaptain In April, the Global Xeneta Shipping Index (XSI®) – an average of all valid long-term contracts in the market – was mostly steady

Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions

A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of