Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Facing profitability setbacks after the recent steep freight rate downturns, container lines appear to be exploring other avenues to shore-up balance sheets.
In a sign of a new commercial strategy, MSC has substantially raised documentation charges for export shipments out of India.
From the end of this month, the carrier’s charges towards bill of lading (B/L) release are set to rise by some 60% above its current tariff levels and the scale of rates collected by other carriers.
According to a MSC (India) ...
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