The threat dynamic in the Houthi-controlled area remains too high for ocean carriers to consider ending diversions around southern Africa, and higher insurance costs likely await when they do.
Automation of the customs entry process, which software provider Magaya announced this week, is being enabled by advances in data extraction from emails and offline files.
The carrier has inked an MOU with Cochin Shipyard Ltd., India’s largest facility, pledging to work together on shipbuilding and ship repair services.