Xeneta: Freight rates to surpass Red Sea crisis peak
NewsXeneta Chief Analyst: Businesses are already shipping cargo for the Christmas period in May
Indian ports handled 19.7M TEU in 2022, up less than 1% on the previous year’s throughput, as the global economic slowdown, ongoing effects from the pandemic and rampant inflation depressed cargo volumes. Container traffic is expected to pick up this year, with analysts expecting most ports to register much stronger rates of growth.
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