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Air Freight Rates Soar between India and Europe as Shippers Flock to Airways

The air cargo market from India to Europe has seen a significant increase in volumes this year, largely due to rising demand for apparel exports…
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LNG carriers are completely avoiding the Suez Canal, no transportation for 65 days

New data released by the United Nations Conference on Trade and Development (UNCTAD) reveals that no LNG carrier has traversed the Suez Canal in over…
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The global trade crisis has prompted new routes: UNCTAD

Recent global crises have led to significant shifts in trade routes, highlighting the increasing need for trade facilitation tools and digitalization to ensure the smooth…
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East Mediterranean centres face challenges as the Red Sea crisis continues

The diversion of mainline vessels through the Cape of Good Hope has led to a significant decrease in vessel call capacity at East and Central…
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Fuel costs rise as ships reroute amid the Red Sea crisis

Expressing concerns about maritime safety, the Chief Operating Officer (COO) of the Caravel Group, overseeing one of the world's largest ship managers Fleet Management, stated…
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FTA between UK and India to be finalised post-formation of a new government in India

The signing of the India-UK free trade agreement is expected to occur after the establishment of a new government at the Centre. The legal review…
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