In India, the monsoon season brings four months of continuous rain, transforming the landscape and disrupting the flow of goods. While a blessing for some, it poses significant logistical challenges for many. The impact of the monsoon season on cargo varies by region, with some areas experiencing more severe disruptions than others. Logistics Impact Increased…
Read More »
Hapag-Lloyd and CMA CGM—two key market players who jointly led the prominent service network INDAMEX & INDAMEX 2 between India West Coast and the United States East Coast (USEC) for decades—are now withdrawing from the network and dismantling the service strings. Hapag-Lloyd TPI Service Hapag-Lloyd has announced the immediate discontinuation of INDAMEX 2 (IN2) but…
Read More »
North American retailers and manufacturers are shifting their focus to India, as the country works to solidify its position as a trade alternative to China. For nearly a decade, India has made strides towards making itself attractive to foreign trade and investment. In March of 2024, a new policy was approved to lower customs duty…
Read More »
In May 2024, both Ocean Network Express (ONE) and Hyundai (HMM) will initiate direct services that connect India’s West Coast and the United States East Coast (USEC). These steamship lines are looking to further enhance services and make their presence known on India's US trade lane. This service will increase capacity, providing more options and…
Read More »
In the latest Liner Shipping Connectivity Index (LSCI) recorded by the United Nations Conference on Trade and Development, Sri Lanka overtook Saudi Arabia as the 3rd best-connected country in the Middle East and Indian subcontinent. The country moved up two spots becoming the 22nd best-connected country in the world. The LSCI can be considered…
Read More »
Mediterranean Shipping Company S.A. (MSC) India initiates a new service beginning this month. The feeder shuttle service links Paradip, a major gateway on India’s east coast state of Odisha with a major transship port in Asia, Colombo, and Sri Lanka. From there, the containers will be put on its mainline vessels and hauled to final…
Read More »
The ripple effect of the Panama Canal and the Red Sea re-routings continue to impact the industry. India is largely dependent on the Red Sea route through the Suez Canal for its trade with Europe, North America, North Africa, and the Middle East. These regions accounted for about 50 percent of India’s exports and about…
Read More »
The India Trade Lane has been hit with a series of unfortunate events starting with the COVID-19 lockdown, congestions, the Suez Canal incident, and a second wave of COVID-19. These events have led to a space crisis never seen in global shipping. In response, carriers continue to levy Peak Season Surcharges (PSS) and General Rate…
Read More »
As COVID-19 cases increase in India, several state governments have ordered lockdowns or curfews. These restrictions could continue until end of the month. The following are major updates we are seeing regarding the impact on commerce. Manufacturing—Manufacturing in India has come to a near standstill. Airports—More and more countries are restricting passenger travels to and…
Read More »
The Organic Soybean Processors of America has filed a petition with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to investigate their allegation that organic soybean meal produced in India and sold in the U.S. is being sold at less than fair market value. India is the largest producer of…
Read More »
© 2024 Mohawk Global OTI No. 003952NF Terms of Use Privacy Policy