Maritime Trade Hit By Carriers Breaching Contracts, Charging Higher Rates

Capt. John

As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”, reports the LoadStar.

Carriers Behaviour Damaging Trade?

In a joint letter to the Competition Directorate of the European Commission (EC), the European Freight Forwarders Association (CLECAT) and European Shippers’ Council (ESC) have protested about the “damage” the carriers’ behaviour is causing to trade...

https://mfame.guru/maritime-trade-hit-by-carriers-breaching-contracts-charging-higher-rates/

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