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21.10.26 - 04:00
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Shipping giant Cosco launches new routes to ride out Iran war, climate risks (SCMP)
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China Cosco Shipping Holdings, the country's largest ocean carrier, has prioritised resilience as it rolls out an emergency response system to cope with rising geopolitical conflicts, infrastructure bottlenecks and climate-related disruptions.
The company is launching fresh capacity and new trade routes as part of the plan, as it looks to ensure its supply chains can withstand a mix of potential shocks, according to chairman Wan Min.
“We believe that true resilience is not merely restricted to a......
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19.10.26 - 12:36
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Global freight costs surge 130% as Middle East tensions rattle shipping routes (Times of India)
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Since February 2026, global container freight rates have surged, largely influenced by ongoing Middle Eastern unrest. In contrast, India's container trade remains robust, showing a remarkable 23% increase in September 2026. Exports to the US experienced a staggering 48% year-over-year rise. While major ports reported growth, non-major ports struggled, highlighting the contrasting landscape. Notably, shipping lines may be poised to return to the Suez Canal amid these changes....
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16.10.26 - 08:36
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Air India cancels all flights to and from three Saudi cities till October 20 (Times of India)
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In response to the escalating conflict, Air India has halted all flights to and from Saudi Arabia until October 20. This decision aligns with similar suspensions by other carriers such as Air France-KLM and Gulf Air. Affected passengers will receive refunds, as the airline prioritizes safety amidst growing operational costs, further amplified by the ongoing turbulence in the Middle East that disrupts travel and markets alike....
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