WORLD NEWS
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Drewry forecasts excess shipping capacity from 2027, limited relief for African importers
The pattern returned in 2026, with Maersk beginning the year by warning that excess capacity could reach 4% to 8%.
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Thailand sugar exports to Indonesia could rise in early 2027
Indonesian refiners are seeking early allocation of 2027 import quotas as concerns grow over refined sugar inventories and potential supply disruptions.
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Reliance Consumer Products revenue rises 60% in Q2 2026
Campa beverages and Independence daily essentials drove first-half sales, as RCPL expanded manufacturing capacity and entered new international markets.
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India approves US$1.1B container manufacturing scheme
The scheme aims to increase annual domestic container manufacturing capacity by roughly tenfold to 7.5 lakh TEUs, positioning India as a potential export hub for shipping containers.
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DP World launches weekly China-Africa Link service from late November
The Singapore call on the return leg provides onward connections to global markets for African exports, allowing the service to operate as a two-way trade lane rather than a one-way export route.