Edward Finley-Richardson of Contango Research explains the spillover effect of the U.S.-Iran war on the global shipping ...
The ongoing conflict in West Asia is pushing up war-risk insurance premiums for ships travelling through major maritime routes such as the Strait of Hormuz and the Red Sea.
Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging ...
Spot market freight rates have posted slight gains, but one sector continues to see rates slide, according to the freight matching service provider DAT Solutions. Ad Loading... Van gained 0.5% for an ...
By Rajendra Jadhav MUMBAI, March 12 (Reuters) - Rice exports from India are slowing as the U.S.-Israeli war on Iran pushes up freight and insurance costs, making it harder for exporters to secure ...
Freight carriers will have to pay an additional premium to restore war cover for shipments passing through high-risk areas amid the escalating crisis in West Asia, experts said. Vessels of the ...
Rice exporters have sought urgent government support to mitigate the impact of shipping disruptions triggered by the Iran crisis and instability across key maritime routes, according to a ...