Bernstein: 'A farewell to arms?'
Snapshot
Indian reefer cargo stakeholders are “cherry-picking” ocean services going via the Red Sea, instead of services taking the long detour around the Cape of Good Hope.
Eyeing a lucrative business window, a number of regional or feeder lines have in recent weeks positioned themselves on India-Red Sea/Mediterranean trades, despite the security risks tied to sailing through the Red Sea region.
According to sources at Nhava Sheva, NVOs are increasingly partnering with these niche short-haul liners to ...
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