News / Indian exporters face new surcharges as capacity to Europe tightens

© Andrii Yalanskyi

Indian shippers and freight forwarders moving goods to Europe must contend with additional surcharges to secure confirmed bookings, amid growing capacity pressures on the tradelane.

CMA CGM has announced an emergency space surcharge (ESS) of $500 per container for Indian freight to North Europe, the Mediterranean and North Africa, from 1 July, that will apply to all types of cargo.

While this is the first such surcharge on Indian trades currently, industry sources expect other major carriers to follow suit because of ...