Persistence of high India to Europe air cargo rates expected
NewsIn addition to the Red Sea conflict, recent economic indicators suggest underlying demand growth, particularly in India’s production and export orders.
Stevedoring Services of America (SSA) and Konsortium Perkapalan Berhad (KPB) of Malaysia, two of the major foreign partners in India’s Kakinada Sea Ports Ltd (KSPL), which operates the Kakinada deepwater port in the southern state of Andhra Pradesh, have threatened to pull out of the consortium.
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