India freight frightened by delays, ship shortages
Synopsis Renewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel availability. Sea freight rates have surged
Synopsis Renewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel availability. Sea freight rates have surged sharply, doubling or even tripling on several routes. Congestion at key Indian ports, including Mundra and JNPT, has further worsened shipping delays. The disruption has increased logistics costs and delayed critical export shipments.
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