More small ships to West Asia from Apr 15 as freight rates jump 300%: FIEO
Published on: March 9, 2026, 6:13 p.m. | Source: Business Standard
With exporters facing a surge in sea freight of up to 300 per cent due to the West Asia crisis, it has been decided to increase the number of small vessels operating between India and Gulf countries from April 15 to help clear consignments, FIEO director general Ajay Sahai said on Monday.
