Synopsis: Challenges faced by exporters due to steep rise in ocean freight rates and congestion in various ports of the world. Contents1 Introduction2 Why there’s been an increase in freight charges?3 Who has benefitted out of it?4 How increased freight rates is impacting Indian Exporters?5 What are the complaints raised by exporters?6 What are possible… Continue reading Winners and losers in shipping crisis
Tag: Shipping industry
1 trillion USD required to achieve UN’s Decarbonization Target of Shipping Industry
News:According to a study,at least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050. Facts: About Global Shipping Carbon emissions: According to the United Nations,the global shipping industry accounts for around 90% of world trade which happen at… Continue reading 1 trillion USD required to achieve UN’s Decarbonization Target of Shipping Industry