Indian Transport & Logistics

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India to Europe air cargo rates may remain elevated: Xeneta

29 March 2024 7:46 AM GMT
With capacity stable, load factor from India to Europe climbed to 87% in week to March 24 - highest since April 2022

Houthis/Somali pirates attack 13% of global seaborne trade

19 March 2024 11:47 AM GMT
In the first three weeks of March, the number of ships transiting through the Suez Canal was down 51% YoY

Ukraine's grain exports flourish amidst expired Black Sea Initiative

5 March 2024 9:08 AM GMT
Ukraine exported an average of four million tonnes of grain per month during January and February 2024

Red Sea impact: Schedule reliability drops to 51.6%

2 March 2024 9:23 AM GMT
CMA CGM was the most reliable top-13 carrier in January with schedule reliability of 54.7%

Cargo volumes in Red Sea area drop 21% due to attacks on ships

27 Feb 2024 1:00 PM GMT
Container ship transits are down by 70% through the Gulf of Aden and the Suez Canal, says BIMCO

Red Sea surcharges and the power of uncertainty…

23 Feb 2024 12:57 PM GMT
Cargoes moving in the opposite direction on the backhauls have been hit harder by surcharges: Xeneta

Global container equipment fleet growth picks up pace: Drewry

22 Feb 2024 1:56 PM GMT
Drewry estimates that global box fleet rose 1% last year to 51.4 million TEU, to expand 2.3% over the year

EU launches Operation Aspides to counter Houthi attacks

20 Feb 2024 10:22 AM GMT
Operation will be active along the main sea lines of communication in the Baab al-Mandab Strait and the Strait of Hormuz

Schedule reliability drops for 3rd month in Jan: K+N

17 Feb 2024 8:32 AM GMT
Asia-Mediterranean/Black Sea recorded the steepest drop in schedule reliability from 61.9% in December to 39% in January

Red Sea Impact - 16% increase in TEU*Miles, says Sea-Intelligence

16 Feb 2024 8:38 AM GMT
Europe-Indian Subcontinent trade is by far the most impacted; trade between Far East and North America least impacted

2023 schedule reliability up 19.5ppts; Drewry WCI down 4%

4 Feb 2024 5:30 AM GMT
Drewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024

XSI drops to 148pts in January, lowest since April 2021

1 Feb 2024 2:18 PM GMT
"Shippers will be reluctant to commit to long-term rates during the height of disruption due to the Red Sea crisis."
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