Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
The US west coast port congestion is as equally painful to Asian exporters to the country as it is to North American importers, and in the case of carmakers with their lean, but highly complex, supply chains, the implications are manifold. Fuji Heavy Industries, which makes the Subaru, the most popular car in the US, is spending $60m a month on shipping parts to its North America production line by air because of the congestion crisis. Other Japanese manufacturers are equally afflicted.
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Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
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