Red Sea Crisis: Logistics Cost Concerns

01 Feb 2024 CW Team

R Raman Shankar, CFO, Larsen & Toubro (L&T) points out the looming possibility of increased logistics costs for the company due to the Red Sea crisis. The article explores the CFO's insights into the potential impact on L&T's operations and the broader concerns arising from the crisis in the Red Sea.

The report provides context to the Red Sea crisis and its potential implications on global trade and logistics. Mr. Raman's observations shed light on the challenges faced by companies like L&T in managing logistics operations amidst geopolitical disruptions.

Stakeholders in the infrastructure and shipping sectors gain valuable information about the potential cost escalation and operational challenges posed by the Red Sea crisis. The article serves as a timely update on the evolving situation and its repercussions on the logistics landscape.

As L&T navigates through the complexities of the Red Sea crisis, the CFO's comments offer insights into the company's awareness of the challenges and its proactive approach in addressing potential cost impacts. The article contributes to a broader understanding of the interconnectedness of global trade and the ripple effects of geopolitical events on logistics and infrastructure operations.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..