International shipping companies are re-routing and even suspending routes to tackle various geopolitical factors

Long and slow rerouting, or even suspension has caused cargo rates to climb higher

Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea

A vessel with 10 metres draught berthed at a jetty of the Chattogram port for the first time yesterday, a major leap forward as the movement of larger ships is expected to cut costs and save time.