Expedition and freight forwarding solutions

Roughly 400,000 tons of Indian basmati rice are currently stuck in ports or in transit as shipping routes through the Middle East face disruptions and freight rates surge.

Industry sources report that container shipping costs have more than doubled following the recent strikes by the United States and Israel on Iran. The instability is already affecting one of India’s key agricultural export sectors.

India is the world’s largest exporter of premium basmati rice, with more than half of shipments traditionally heading to Gulf countries such as Saudi Arabia, Iran, and the UAE.

According to exporters, about 200,000 tons are already at sea, while another 200,000 tons remain stranded in Indian ports. Many exporters have temporarily suspended new orders to the region, prioritizing the fulfillment of existing contracts and considering the possibility of declaring force majeure.

Rising war-risk insurance premiums and the withdrawal of coverage in areas near the Strait of Hormuz have pushed both tanker and container operators to avoid the route, driving up costs and causing delays.

Ironically, India is facing this disruption amid a record harvest. With shipments stalled and demand falling suddenly, basmati prices have already dropped by around 6%.

For the shipping industry, this is a clear example of the secondary impact of geopolitical conflict: disruption of food supply chains, congestion in export ports, and rising storage costs.

The All India Rice Exporters’ Association represents India’s rice exporting companies and advocates for the sector in both domestic and international markets.

Japanese shipping group NYK Line has acquired an equity stake in startup Oceanic Constellations through a third-party share allocation, reinforcing its commitment to next-generation maritime technologies.

The investment is aimed at scaling the production of unmanned surface vessels (USVs) and accelerating the transition toward autonomous maritime infrastructure. Oceanic Constellations develops technologies for ocean monitoring, disaster prevention, and maritime communications, supported by advanced environmental simulation systems that replicate real-world operating conditions for autonomous vessels.

These solutions are also used to validate maritime recovery systems for reusable rockets under a project supported by JAXA through its Space Strategy Fund, in which NYK participates.

Operational cooperation between the companies is already underway. In December 2025, they signed a service agreement to develop simulation software and validate scenarios for space-related programs. Earlier, in October 2025, Keihin Dock, part of the NYK Group, entered into a joint testing agreement that includes USV assembly.

NYK emphasizes that the equity participation strengthens its long-term strategic position at the intersection of maritime operations and advanced technologies.

Founded in 1885, NYK Line is one of the world’s leading shipping groups, operating across liner shipping, bulk carriers, tankers, and logistics. The company is publicly listed and owned by a broad base of institutional and private investors.

China plans to complete the development of a comprehensive standards system for the low-altitude economy by 2027. The framework will cover the entire industry value chain, including low-altitude aircraft, supporting infrastructure, air traffic management, safety oversight, and practical application scenarios.

The country’s low-altitude economy is already entering a phase of accelerated industrialization. China has formed a relatively complete ecosystem encompassing R&D, equipment manufacturing, operational services, and infrastructure development, laying the groundwork for large-scale commercialization and regulated growth of the sector.