G Raghu Shankar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from G raghu shankar. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In G Raghu Shankar Today - Breaking & Trending Today

Ripple effect of Suez Canal blockage continues to impact shipping trade


Ripple effect of Suez Canal blockage continues to impact shipping trade
May 25, 2021
FILE PHOTO: Ship Ever Given, one of the world s largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021   -  REUTERS
FILE PHOTO: Ship Ever Given, one of the world s largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021   -  REUTERS×
Severe shortage of containers have pushed freight rates to an all-time high
It’s been two months since the Suez Canal blockage happened, but its impact continues to worry the shipping trade as severe shortage of containers have pushed freight rates to an all-time high to key markets like the US and Europe. ....

Republic Of , Suez Canal , As Suways , Tamil Nadu , Sanjay Lulla , G Raghu Shankar , Vijaya Kumar , Marketing Thiagarajar Millsp Ltd , International Clearing , Sm Lulla Industries Worldwide , Services Private , New Year , Managing Partner , Vice President Marketing Thiagarajar Mills , Shipping Agency , Ever Given , Paramount Shipping Services Private Limited , Shipping Industry , குடியரசு ஆஃப் , ஸூயெஸ் கால்வாய் , தமிழ் நாடு , சஞ்சய் லுல்லா , க் ரகு ஷங்கர் , விஜயா குமார் , சர்வதேச அழித்தல் , ஸ்ம் லுல்லா தொழில்கள் உலகளவில் ,

Shortage of containers to linger | Hellenic Shipping News Worldwide


Shortage of containers to linger
The Covid-19 pandemic in 2020 derailed every sector, and the shipping industry was no exception. While many industries, including manufacturing, are slowly bouncing back, the shipping sector is still struggling with a severe shortage of containers affecting trade.
The fall in imports after the pandemic led to a huge imbalance in the demand and supply of containers, hitting the availability of containers for exports.
The trade that is mainly dependent on maritime transport is trying to cope with the continuing shortage, which led to the spiralling of freight costs and delays in shipments. In some sectors, freight rates increased by 100-200 per cent. Adding to the woes is the cancellation of scheduled vessels while the rescheduling of regular calls has created a demand for container slot allotments on vessels. This is affecting exports and is also leading to escalating freight cost. ....

New York , United States , Tamil Nadu , Ennarasu Karunesan , Sanjay Lulla , G Raghu Shankar , Sm Lulla Industries Worldwide , Managing Partner , Industries Worldwide , Indian Trade , Hindu Business , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தமிழ் நாடு , சஞ்சய் லுல்லா , க் ரகு ஷங்கர் , ஸ்ம் லுல்லா தொழில்கள் உலகளவில் , நிர்வகித்தல் கூட்டாளர் , தொழில்கள் உலகளவில் , இந்தியன் வர்த்தகம் , இந்து வணிக ,