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 ...
Photo 5219832 © Massimo Sala | Dreamstime.com
The Indian subcontinent has always been a great place to go elephant watching, and recently there have been excited reports of sightings of a rare breed – the white elephant.
Seen it before
This is represented this week by the utterly bonkers plan outlined by India’s shipping minister Shri Sarbananda Sonowal to build a $5bn container transhipment port in the Nicobar Islands.
I’m going to stick my neck out here – the project is a turkey and it won’t, or at least it shouldn’t, ...
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