• BIST 105.026
  • Altın 162,753
  • Dolar 3,9187
  • Euro 4,6430
  • İstanbul 10 °C
  • Ankara 4 °C

Shippers want action over rates

Shippers want action over rates
The Asian Shippers Council has a called on the Chinese government to act against sharp increases in container freight rates in recent weeks, despite the glut of overcapacity in the market.

Asian shippers want action over freight rate hikes.

The Asian Shippers Council has a called on the Chinese government to act against sharp increases in container freight rates in recent weeks, despite the glut of overcapacity in the market. John Lu, chairman of the ASC, said shipping lines were acting as a cartel imposing large hikes in freight rates from Chinese ports with additional surcharges levied. ?Unless the shippers pay the extra amount their cargo gets shut out,? he told Seatrade Asia Online. Box rates from the main port of Shanghai are reported to have hit over $2,000 per teu to Europe and $2,700 per feu to the US in recent weeks, despite the fact over 11% of the world boxship fleet is laid up. ?The oversupply situation does not seem to have any effect, which is totally abnormal,? Mr Lu said. He called on the Chinese government to look after the interest of shippers with the country"s millions exporters being hit by the actions of the shipping lines.

www.turkishmaritime.com.tr

This news is a total 1533 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Cosco Energy Transportation to Buy New Tankers23 November 2017 Thursday 12:55
  • Captain Survives Alone on Tanker for a Year23 November 2017 Thursday 12:16
  • Vigor May Purchase San Francisco Shipyard23 November 2017 Thursday 11:41
  • BAE Systems gets $8.8 million for amphibious ship work23 November 2017 Thursday 10:52
  • Arctic LNG Carriers Delivered: RS Class22 November 2017 Wednesday 17:41
  • NOAA Shuts Down 22 Fishing Boats over "Codfather" Scandal22 November 2017 Wednesday 17:03
  • Hapag-Lloyd Takes Up New Refrigerant Reefers22 November 2017 Wednesday 16:18
  • Europe's Shipbuilding Industry Under Threat22 November 2017 Wednesday 15:32
  • Three box ships will have Langh scrubbers, EGR water treatment22 November 2017 Wednesday 14:55
  • Damen wins order for twin rig fishing trawler22 November 2017 Wednesday 14:11
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |