Red Sea Container Crisis: Impact on Exports to Africa and Latin America | India Business News – Times of India

CHENNAI: A container crisis is looming in the Red Sea, thanks to geo-political issues, which has the potential to disrupt India’s exports to Africa and Latin America. According to exporters, shipping freight rates are expected to double on some routes, with exports of petroleum, automobiles, marine food and agri commodities likely to be affected. Exporters…

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