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Suez Canal zone to expand rapidly, says chairman.
Geopolitical tensions and shipping imbalances lead to container scarcity
Houthi attacks have heightened uncertainties surrounding the security.
Interministerial Committee Formed to Address Disruptions
Explore major global shipping chokepoints eclipsing canal congestion concerns.
This decision also reflects the adaptability of shipping companies.
Exporters in India confront rising shipping costs amidst Suez Canal bypass turmoil
"Indian exporters grapple with rising freight costs as ships bypass the Suez Canal."
Panama Canal is drying up due to less rainfall.
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