News / Regional feeder lines dip their toes into India-Red Sea trades

India-Middle East-Red Sea trades are seeing an influx of capacity from regional feeder carriers, with slots shared with NVOs for assured cargo support, as mainliners continue to reroute vessels via the Cape of Good Hope with longer transits and schedule disruptions.

CULines, CStar and UGL, relatively newcomers to the industry, have joined the capacity bandwagon, notwithstanding the perceptible security risks and higher insurance costs attached to Red Sea routings.

Under a vessel-sharing agreement, they have added ...