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EXCLUSIVE: Chittagong ban on surcharges will see carriers hike rates
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EXCLUSIVE: Chittagong ban on surcharges will see carriers hike rates
Spot and contract rates for ocean services to Bangladesh are expected to rise following Chittagong Port Authority’s (CPA) decision to bar box lines from imposing extra surcharges. Late yesterday, CPA cancelled its licences for two Maersk ships after surcharge-related violations, following the cancellation of seven CMA CGM vessel licences. The Maersk ships were given licences on an ad-hoc basis, conditional on no surcharges or additional fees imp…
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