The partners claim the new loop will boost the growing tradelane with its faster transits. The Seoul-based carrier said: “With the introduction of GIA Service, HMM anticipates providing customers with more efficient and reliable sea transportation.” Container freight rates from India to East Africa have also become more appealing. Indian logistics industry stakeholders have upbeat expectations from the India-Africa trade corridor. Pushpank Kaushik, CEO of Hyderabad-based diversified maritime group Jassper Shipping, added: “The India–Africa trade corridor is undoubtedly shifting towards a much more complex partnership based on the value chain.