Global ocean freight spike due to West Asia war hits M’luru traders | Mangaluru News
Shipping companies have increased war-risk premiums, while marine insurance costs have also risen, affecting prices and supply reliability Mangaluru: Surging global ocean freight charges amid tensions in West Asia is impacting importers and exporters in the city, particularly those in the timber, cashew, and fishing sectors.Vinod Bhai Patel, the president, Karnataka Timber Importers Association, said…
