The Red Sea crisis is likely to impact the margins of the auto component industry over the next few quarters amid higher container rates and shipping time, credit ratings agency …
Houthi militants have launched attacks in the Red Sea shipping lanes around Yemen, which lies along the waterway opposite East Africa, since the Israel-Gaza war began in October, forcing some …
Muonio: The situation in the Red Sea is creating supply chain issues for German luxury carmaker Audi, impacting car deliveries to customers in India in the first quarter but recovery …
Maruti Suzuki may see some increase in costs due to the rerouting of vessels amid the ongoing Red Sea crisis, according to a senior company official. The auto major, which …
There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased …
The Red Sea crisis has become a pressing concern largely due to its disruption of global trade. However, it also has far-reaching environmental impacts as the waters become a battleground. …
As one of the busiest global shipping routes, the waterway accounts for one-third of worldwide container traffic and 40 per cent of trade between Asia and Europe, while also connecting …
An inter-ministerial group comprising senior officials from the departments of commerce and financial services, and ministries of defence, external affairs, and ports, shipping and waterways will meet next week to …