Taiwan Turmoil Prompts Detours and Delays for Global Shipping

04.08.2022

China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments.

Gas suppliers are rerouting or reducing speed on some liquefied natural gas vessels currently en route to North Asia, according to people familiar with the matter. Shipments to Taiwan and Japan this weekend will be affected, said the people, who requested anonymity as the information isn’t public.

Shipping companies are reassessing their options after China’s response to the visit of the highest-ranking U.S. official to the island in 25 years. The actions threaten to disrupt one of the world’s busiest waterways.

Industrial real estate developer Panattoni plans to invest over $200 mn in India

27.07.2022

Panattoni, one of the largest industrial real estate developers in the world, plans to invest over $200 million in the India market by the end of the ongoing fiscal year.

The company plans to partner with global institutional investors to facilitate the deployment of capital directly in the fast-expanding Indian industrial and warehouse market.

Panattoni’s initial focus will be on the top eight Indian cities.

“Our access to global institutional capital and an extensive international occupier network will supplement the strong core demand for modern, sustainable industrial and logistics real estate we are seeing from domestic Indian companies,” said Sandeep Chanda, the newly appointed managing director-India, Panattoni.

“Greater supply chain efficiency, rapid e-commerce growth, and consolidation among third-party logistics providers are all fundamental market drivers that India increasingly shares with its counterparts in the United States and Europe,” said Chanda, who was earlier head of strategy and acquisitions at Embassy Industrial Parks.