Author Archives: Kalees Thavamani

Container spot rates fall as carriers engage in price war for cargo

Container spot freight rates on major east-west trade lanes declined again this week as subdued demand and intense competition among carriers drive pricing…
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Suez Canal traffic shows signs of recovery amid Red Sea stability

The Suez Canal Authority (SCA) has observed a slight revival in shipping activity, with 47 vessels choosing the canal over alternative routes since…
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India and UK restart trade talks for a mutually beneficial deal

India and the United Kingdom have officially restarted negotiations for a trade agreement, as announced by India’s Commerce Minister Piyush Goyal and the…
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China-Vietnam JV launches container service linking Beibu Gulf to India

Chinese intra-Asia carrier Zhonggu Logistics and Vietnam Maritime Corp (VIMC) have introduced a container shipping service linking China’s Beibu Gulf with Vietnam and…
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