Apart from rocketing freight rates, Indian exporters face another supply chain challenge linked to the Red Sea crisis: equipment availability. A shortage of empty containers is building at major container ports and hinterland locations.
They say equipment pressure is more pronounced at the ports of Nhava Sheva and Mundra, which together handle the lion’s share of India’s containerized ocean trade.
A Mumbai-based forwarder noted: “40ft hi-cube boxes are acutely scarce. We have had to turn down bookings from some of our regular customers due to the equipment crunch.”
Read more in an article from The Loadstar.