Section

No acute shortage of containers: Shipping Minister Sarbananda Sonowal

By Economic Times - 2 months ago
India's maritime trade is not facing a container shortage, with the government tackling disruptions post-Red Sea crisis, according to Union Minister Sarbananda Sonowal. Due to ships diverting around the Cape of Good Hope instead of the Suez Canal, a times have increased by 35-40 percent, causing vessel congestion and delays at global ports. Efforts are being made to address container repositioning, congestion, and promote Indian container ownership.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.