New Delhi, March 15 Exporters and logistics providers are minimizing disruptions caused by the ongoing West Asia crisis by closely monitoring carriers, planning shipments in advance, and exploring alternative routes.The exporting community said that businesses are also adjusting inventory...
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New Delhi, March 9 With exporters facing a surge in sea freight of up to 300 percent due to the West Asia crisis, it has been decided to increase the number of small vessels operating between India and Gulf countries from April 15 to help clear consignments, FIEO director general Ajay Sahai said...
New Delhi, March 2 CMA CGM, the French container shipping giant, has imposed an emergency surcharges ranging from USD 2,000 to USD 4,000 per container on cargo moving through the Middle East and surrounding waters, effective March 2, citing safety risks stemming from the ongoing US-Iran...