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Indian Ports Struggle With Massive Demand As Ships Re-Route Amid Red Sea Crisis

Indian Ports Struggle With Massive Demand As Ships Re-Route Amid Red Sea Crisis

NDTV
Friday, March 29, 2024 08:10:41 AM UTC

While India contends with supply shortages, Sri Lankan ports are experiencing a notable increase in activity.

In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a massive surge, highlighting a growing challenge for the maritime industry.

While India contends with supply shortages, Sri Lankan ports are experiencing a notable increase in activity.

According to S&P Global Commodity Insights, the demand spike, estimated to be over 30 per cent in ports across India and Sri Lanka, has been primarily attributed to longer voyages undertaken by ship owners and charters to circumvent the Red Sea region.

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