News / India's plans to regulate ocean freight rates come under fire

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• Prosun

  December 01, 2020 at 12:14 pm

  Neither Liner or Feeder operators nor Forwarders are liable for present scenario in Shipping Industry . Alike natural calamity, long time lock down has been started to show off its impact. Except a very few, Forwarders never raise any surcharges bill unless they pay the same to Liner. As Import-Export ratio very poor app 75:25 respectively in India then to procure end to end cost Liners are compelled to raise surcharges in several heads. Most well accepted and never focused point is, max black money are from mostly politicians, using through the supply chain to make it white and nobody are aware on this serious issue. To come out from this situation better we should try to generate more and more Export from our end than blame to Forwarders and Carriers. Customer should also think that if this 2 service industry will not exist, how they run? Due to current drastic situation if lots of Carriers and Forwarders succumbed and stop their show, then market will come as monopoly. Customer will not have any option for burgain for Freight rate also.

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• Raghubir Singh Thind

  December 01, 2020 at 12:18 pm

  If this trend continues, the biz will be more affected at the moment as rising rates are only affecting the current orders while future orders will run smoothly as parties are taking higher freight rates at the time of costing for further but the main problem is imbalance of equipments which is really painful for the industries

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