India unveils ambitions to become 'a global leader in shipbuilding'
India is attempting to “play hardball” to become an alternative shipbuilding market, amid the trade ...
The Global Shippers’ Forum (GSF) is backing India’s push for “all-inclusive” ocean freight rates, claiming carrier surcharges disproportionately impact cargo owners in developing countries.
Last week, Indian carriers and forwarders criticised the government’s plan to remove carriers’ ability to levy surcharges, arguing it would be unlikely to reduce costs and could put local exporters at a competitive disadvantage.
However, the GSF claimed all-inclusive rates would bring “great benefit to Indian exporters and importers”, and vowed to “promote the concept widely among other maritime ...
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Comment on this article
Anurag
December 09, 2020 at 1:41 pmGoI should lead by example, and eleminate series of surcharges it applies to almost all forms of taxes, Income tax, Customs Duty, Petrol/Diesel cess and so on…