Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Ships at Chittagong © MD Kajol |
Shippers around the world are fed up with carrier costs – the latest group to complain to their government is in Bangladesh.
Garment makers have demanded government take immediate steps to withdraw the emergency cost recovery surcharge (ECRS) carriers have slapped on because of congestion at ports.
In a letter to the shipping ministry, Chittagong Port Authority and Bangladesh Shipping Agents Association (BSAA), the manufacturers say the apparel sector and other industries are already in jeopardy, having being hit by the Covid-19 ...
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