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Tag: Russell Group

Iskenderun port fire to cause trade loss of around US$680 million: Russel Group

According to Russell Group, a data and analytics company, the container fire at the Port of Iskenderun in Turkey, caused by the heavy earthquake,...

UK’s ban on Russian ships to affect US$23 billion trade

An analysis by the data and analytics company Russel Group has shown that US$23 billion (£17 billion) of annual Russian exports to the United...

Covid-19 delays at Ningbo could disrupt US$4 billion worth of trade, says Russell’s analysis

The risk modelling company Russell Group has conducted an analysis indicating that a week’s delay of essential trade at Ningbo could impact US$4 billion...

Felixstowe port delays could impact US$2 billion of imports

Just under US$2 billion of UK trade imports will be impacted in the run-up to Christmas if the current ports delays at Felixstowe continue...

Chinese power cuts may disturb US$120 billion of trade flows

The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company,...

Typhoon Chanthu could disrupt US$14 billion worth of trade

The recent closure of Shanghai and Ningbo ports due to Typhoon Chanthu may create delays that disrupt more than US$14 billion of trade flows,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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