Indian Transport & Logistics

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Hapag reports EBIT loss of $300mn in Q42023

30 Jan 2024 1:13 PM IST
For the full year 2023, EBIT plunged 85% to $2.7 billion

UNCTAD raises alarm on global trade disruptions

27 Jan 2024 8:23 PM IST
Escalating attacks on ships in Red Sea are adding strain to shipping routes already hit by conflict and climate change

US continues attacks against Houthis

27 Jan 2024 1:25 PM IST
Oil tanker hit by Houthi-fired missile, crew safe

US, UK impose sanctions on 4 Houthi leaders, Red Sea attacks continue

26 Jan 2024 6:50 PM IST
Drewry’s World Container Index increased 5% to $3,964 per 40ft container for the week to January 25, 2024

Red Sea crisis increases CO2 emissions

25 Jan 2024 6:59 PM IST
A one knot increase in speed, from 16 to 17 knots, will increase emissions by 14 percent: Sea-Intelligence

Houthis attack 2 Maersk vessels in Red Sea

25 Jan 2024 3:31 PM IST
Following escalation of risk, US subsidiary of Maersk is suspending transits in the region until further notice

Red Sea diversions worry 60% SMB importers: Freightos

23 Jan 2024 8:00 PM IST
About 48% expect to increase shipments in weeks ahead of Lunar New Year, suggesting re-stocking has already begun

US, allies strike 8 targets in Yemen

23 Jan 2024 7:46 PM IST
As Chinese New Year approaches, we expect tightening of container availability: Christian Roeloffs, Container xChange

US continues attacks against Houthis

20 Jan 2024 12:44 PM IST
Houthis continue to target merchant ships, ocean freight rates continue to rally on uncertainty

Red Sea crisis sees businesses take to skies: Xeneta

19 Jan 2024 6:04 PM IST
Air cargo volumes from Vietnam to Europe – a major trade route for apparel – spiked 62% in the week ending January 14.

Houthis launch 2 missiles, Biden says US attacks ineffective

19 Jan 2024 3:21 PM IST
Red Sea crisis leads to 2nd largest capacity drop, says Sea-Intelligence; Drewry World Container Index up 23%

Duration of Red Sea crisis unknown variable, says Drewry

19 Jan 2024 1:25 PM IST
"Suez Canal diversions will inflate shipping costs for as long as the situation lasts but trade always finds a way"
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