Exporter seeks relief as Pakistan-US shipping costs surge 200% amid Iran war
Shipping costs for Pakistani exporters to the United States have surged by more than 200 per cent on some routes, as fallout from the Iran war disrupts shipping lanes and drives up war-risk
Share
Desk Analysis
How This Affects the Exchange
Sector Effect
Neutral · Watch
Mixed or limited directional signal for Power, Transport, Insurance on the PSX.
Sectors & Direction
Desk read
Desk call: Watch · Neutral effect
- PowerNeutral effect
- TransportNeutral effect
- InsuranceNeutral effect
Companies
Mentions in This Briefing
Sectors: Power, Transport, Insurance — Neutral · Watch. PSX tickers: HUBC, KEL, KAPCO, PIAHCLA, PIAA, PIA. Mixed or limited directional signal for Power, Transport, Insurance on the PSX.
Full Story
Open on Business RecorderShipping costs for Pakistani exporters to the United States have surged by more than 200 per cent on some routes, as fallout from the Iran war disrupts shipping lanes and drives up war-risk insurance and fuel costs, Ismail Suttar, founding chairman of the Salt Manufacturers Association of Pakistan (SMAP) said.
A container shipment from Karachi to New York that once cost
Source: Business Recorder — https://www.brecorder.com/news/40437225/exporter-seeks-relief-as-pakistan-us-shipping-costs-surge-200-amid-iran-war