Trending News
Baltic Exchange Market Report (7 February 2025)...
  Daily Exim

NEWS DETAILS

Date: 29/05/2024

Freight rates may rise to Europe, US 

As shipping lines are introducing surcharges to meet the additional cost of routing the vessels through the Cape of Good Hope, sending cargo to Europe and the US by ships will become more expensive from June, according to reports. Leading lines are reportedly imposing significant Peak Season Surcharge (PSS) from India and West Asia to the North American West Coast as well as from India, Bangladesh and Sri Lanka to the US East Coast and Gulf Coast. The rates range between $500 and $1,000 per container and are also subject to other applicable surcharges, including local charges and contingency charges, the reports said.
 
Source: Exim News Service: Mumbai, May 28



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.