Shipping Lines Impose Surcharges Amid Red Sea Attacks

22 Dec 2023 CW Team

Escalating attacks in the Red Sea prompt shipping lines to impose surcharges, highlighting the maritime sector's response to heightened security challenges. The decision to levy additional fees underscores the tangible impact of security concerns on shipping operations within this strategic waterway.

As the Red Sea becomes a focal point for maritime security challenges, shipping lines grapple with the necessity of adapting to the evolving threat landscape. The introduction of surcharges serves as a pragmatic measure to mitigate risks and address the heightened costs associated with ensuring the safety and security of shipping activities in the region.

The imposition of surcharges not only reflects the immediate responses of shipping lines to security challenges but also raises broader considerations about the resilience and adaptability of the maritime industry. The Red Sea, being a crucial waterway for global trade, draws attention to the need for strategic measures to safeguard shipping operations amid geopolitical tensions and security threats. The surcharges, therefore, represent a practical approach by the shipping industry to navigate and manage the complexities arising from the evolving security landscape in the Red Sea region.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..