News / Box lines plot a course for Indian trades as the economy grows

© Sheila Fitzgerald

Container lines – trying to weather demand downturns in traditional or high-volume markets – are pouring more tonnage into Indian trades, as the emerging economy is forecast to grow faster than its larger counterparts, notably China. 

India-US trade seems to be a big bet in the capacity rationalisation game, as carriers expect a trade boost from diversifying supply chain patterns in the Asian region. 

Singapore-based liner Ocean Network Express (ONE) this week announced a new solo connection between West India and US ...