News / Indian shippers with spot bookings face a return of no-show fees

Hapag-Lloyd's Express Rome. Credit Hapag-Lloyd.

Current trends suggest a return to some sort of rate stability in the Indian market.

This has, seemingly, given rise to the return of booking cancellation charges – back to haunt shippers seeking spot bookings.

Indian exporters and freight forwarders have taken hefty GRI hits over the past year, but now find themselves on the edge of a turn in freight rate levels.

According to regional industry sources, major carriers serving the Indian trade are heavily penalising walk-in customers for failing to gate-in ...