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, ...
ID 122489360 © S B Stock | Dreamstime.com
Fears of supply chain disruption from an indefinite strike by Indian port workers have eased.
The action across 12 major ports was planned to begin today was cancelled after negotiators representing India’s shipping ministry agreed wage enhancements and additional fringe benefits for some 20,000 workers.
Union leaders on behalf the six labour groups said they were positive about the new wage accord, but said: “This was made possible only because of the preparations for the strike action ...
Comment on this article