15% rebate for box ships as Suez Canal Authority woos carriers
The Mediterranean container trades could be upended once more after the Suez Canal Authority today ...
© Engdao Wichitpunya
The USTR fees for China-built shipping threaten a “complete destabilisation” of the ocean alliances, as the carriers with box ships exempt from the penalties attempt to insulate themselves.
According to Nick Evans business development manager at AFS Global, any shipping lines with links to China “will become unattractive” to freight forwarders who will prioritise alternatives “to bypass the heavy penalties being levied across their customer’s cargo”.
And he predicted “an influx of requests from producers to focus on operators not of Chinese ...
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