Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
Global Trade Magazine reports that the US Federal Maritime Commission will begin hearing evidence from shippers on how they have been price-gouged by ports and terminals in the US over the recent years, particularly in relation to demurrage, detention and per diem charges. And it presents an impressive litany of evidence of shippers being penalised for port congestion issues that they played little part in: “Shippers and forwarders recounted nightmare scenarios of being charged ungodly penalties for situations beyond their control.”
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Capture of MSC Aries will further drive up Indian export costs
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Alex Lennane
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Alessandro Pasetti
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