​We have been producing cotton yarn, polyester yarn, viscose spun yarn, TC/CVC/TR and other blended yarns for more than 11 years.

In recent days, the escalating conflict between India and Pakistan has sent shockwaves through various sectors, and the shipping industry is no exception. The ongoing hostilities have led to significant disruptions in regional trade, causing sea freight prices to become highly unstable.

Major global shipping lines have already started taking measures in response to the volatile situation. For instance, two major Chinese logistics companies, COSCO and OOCL, have made notable adjustments. COSCO, a world - leading shipping firm, officially announced the suspension of all cargo services to Karachi. In its statement, COSCO also warned that ships currently en route might be redirected to alternative ports like Port Klang in Malaysia. Meanwhile, OOCL has ceased bookings to Karachi under its CIX 1/2/CPX 3 services and imposed a rate increase of 1,000 yuan (approximately $138) per container.

These actions by shipping lines have directly contributed to the instability of sea freight prices. Exporters and logistics providers are now grappling with mounting delays and soaring freight costs, which in turn is placing a great strain on supply chains. Pakistan's crucial trade corridor via India's Mundra port, which was commonly used for shipments bound for Europe, has effectively been shut down. Both India and Pakistan have imposed mutual restrictions on cargo movements, compelling international carriers to avoid regional docking altogether.

The situation at Karachi port further exacerbates the problem. Congestion at the port, already worsened by a recent transporters' strike, is leading to significant delays in cargo collection. Containers unloaded as early as May 1 remain stuck due to limited space. Additionally, air freight operations have also experienced intermittent disruptions, adding more pressure to trade logistics.

With no clear resolution in sight, the ongoing India - Pakistan conflict continues to pose a substantial threat to the stability of sea freight prices and regional trade. The shipping industry, exporters, importers, and all parties involved in the supply chain are anxiously watching the development of the situation, hoping for a peaceful resolution to restore normalcy to trade and shipping operations.
Robert