Air freight rates ex-Dhaka set to surge after transhipment options are cut
Airfreight rates out of Dhaka are expected to surge after India cancelled transhipment access for ...
© Diony Teixeira
Indian Customs has implemented a long-awaited rule revision to tighten export/import cargo manifests.
The Sea Cargo Manifest and Transhipment Regulations (SCMTR) were announced in 2018, but industry has taken years to prepare and pave the way for a countrywide launch.
SCMTR, which is objectively akin to the US advanced manifest or 24-hour rule, went live across Indian ports on 16 January, after authorities had ironed-out industry concerns in stages.
The updated regulations aim to speed up customs clearance and make the process more ...
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