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…
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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…
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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…
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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…
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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…
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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…
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As most of you are aware, India is grappling with a second wave of COVID-19, which is infecting more than 350,000 people and claiming 2,500 lives every day. The healthcare infrastructure in India is near total collapse with a severe shortage of hospital beds, oxygen, and treatment medications. The country is vaccinating three million people…
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The equipment crisis in India has reached a new peak. Specifically for inland points, there is an acute shortage of containers to load at any rate level. There is also a severe supply and demand imbalance, and this is expected to continue through at least April. The following are a few significant trends surfacing in…
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India is dealing with the worst container equipment shortage in its documented history. The world’s most severe pandemic induced lockdown, combined with falling consumption, blank sailings, and shipping lines’ desire to reposition containers to more lucrative trades has created a severe short fall at all inland points and most ports. India, a country of 1.3…
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A monsoon is not just rainfall; it is a season of its own that can be a tremendous blessing to some and an absolute nightmare for most. In India, monsoon season means four months of continuous rain, which has significant repercussions on transportation. This year, 2020, has seen one of the most epic monsoon seasons…
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