Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Credit: PSA Mumbai
Apart from rocketing freight rates, Indian exporters face another supply chain challenge linked to the Red Sea crisis: equipment availability.
A shortage of empty containers is building at major container ports and hinterland locations, freight forwarder sources told The Loadstar.
They say equipment pressure is more pronounced at the ports of Nhava Sheva and Mundra, which together handle the lion’s share of India’s containerised ocean trade.
A Mumbai-based forwarder noted: “40ft hi-cube boxes are acutely scarce. We have had to turn down bookings ...
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