India-Gulf container rates plunge as capacity returns and cargo backlogs ease
Container shipping rates from India to the Persian Gulf have significantly softened from the peaks ...
Chennai port: Photo © Manivannan Thirugnanasambandam
Container carriers have opened a flurry of new connections out of Indian east coast ports to capitalise on the resurgent manufacturing development in the region, thanks to trade diversification.
But the network push has yielded one glaring trend: more calls at new private terminals operated by ...
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