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 ...
© Rokas Tenys
Last week, Houthi chief Abdul Malik Al-Houthi said there would be a stepping-up of operations in the Red Sea; and yesterday Maersk Line noted that the Red Sea “risk zone” had expanded, with “attacks reaching further offshore”.
The Loadstar reported on Friday that Maersk’s revised peak ...
Comment on this article