It’s enough to have industry observers scratching their heads in wonder. In the face of continued economic uncertainty, a delicate geopolitical situation, and a crippling global pandemic, container shipping companies are seemingly managing an impossible balancing act.

Leading independent global NVOCC CargoGulf is offering faster transit times and even better service with its new Arab Gulf Indian Sub Continent liner service linking Pakistan and India direct with markets in the upper Arabian Gulf.

With the collapse in demand and glut of supply in the container vessel segment, analysts may have been fearing the worst for developments in long-term contracted ocean freight rates.