India asks the shipping companies to look for alternative shipping routes

India Urges Maritime Firms to Seek Alternative Shipping Routes Amid Rising Iran-Israel Tensions

Amid escalating tensions between Iran and Israel, India’s government has advised maritime companies to explore alternative shipping routes to safeguard trade through the vital Strait of Hormuz. Concerns over potential military actions disrupting crucial lanes were raised during a meeting led by Commerce Minister Sunil Barthwal, prompting urgent strategic planning.

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Africa Emerges as Key Shipping Expansion Hub with MSC’s New Vessel Plans

Sea-Intelligence predicts Africa will be a crucial expansion point for shipping lines due to population growth and economic improvements. MSC plans to deploy 23,000+ TEU vessels on their Asia-WAF ‘Africa Express’ service, increasing nominal capacity significantly. This shift towards larger vessels in West Africa reflects the region’s economic potential and growing demand for maritime services.

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