Conbox Logistics Archives - Maritime Shipping News

Ripples from Ever Given crisis reach India, with SMEs being hit hardest

15 April 2021

As the fallout from Ever Given cascades through container supply chains, it’s getting more difficult for Indian forwarders to secure shipping capacity.
According to Rakesh Pandit, CEO of Conbox Logistics: “Not only are European shipments running late, but we’re seeing a lot of cancelled bookings placed in March from countries such as Italy, Turkey and Spain – we have a backlog of 300 teu from Europe to India in just the last …

The post Ripples from Ever Given crisis reach India, with SMEs being...

https://theloadstar.com/ripples-from-ever-given-crisis-reach-india-with-smes-being-hit-hardest/

India’s plans to regulate ocean freight rates come under fire

30 November 2020

The Indian government is planning to force shipping lines and agents to provide “all-inclusive” freight rates.
The shipping ministry’s draft Merchant Shipping Bill 2020 says carriers involved with import, export or domestic transport “shall specify the all-inclusive freight in the bill of lading or any other transport document”.
And it adds: “No service provider or agent shall levy any freight charges other than the all-inclusive freight specified.”
The move follows calls by export …

The post Ind...

https://theloadstar.com/indias-plans-to-regulate-ocean-freight-rates-come-under-fire/

Botched digital customs clearance no help to congestion-hit trade in India

21 October 2020

A botched digitalisation programme has caused long customs clearance delays in India, exacerbating the country’s container shortage crisis.
The ‘faceless assessment’ initiative has been rolled out at ports across India since June, to implement contactless and paperless customs clearance.
However, according to the Mundra Custom Brokers’ Association (MCBA), clearance times have increased since the launch, with importers and exporters facing numerous “hidden costs”.
“Faceless assessment was...

https://theloadstar.com/botched-digital-customs-clearance-no-help-to-congestion-hit-trade-in-india/

India’s container crisis could last a further three months, say forwarders

2 October 2020

India’s container shortage could last another three months, as congestion hits Colombo and shippers call for tighter regulation of freight rates.
Worldwide Logistics (India) said the acute space problem over the past few weeks was the result of increased demand, reduced imports and port rotation issues.
“Vessels which were idling during the corona-lockdown were re-routed to more profitable trades on the transpacific, leading to supply and demand gaps for major intra-Asia trading …

The post India’...

https://theloadstar.com/indias-container-crisis-could-last-a-further-three-months-say-forwarders/

Container shortage crisis spreads to India delaying exports

23 September 2020

A container shortage in India is causing long delays for exporters, especially on US trades.
Earlier this month, The Loadstar reported the operational impact from the creeping equipment shortage in Asia – dominant headhaul traffic has caused empties to pile-up at ports in the US and Australia, for example, prompting carriers to plead for the swift return of used import boxes.
According to New Jersey-based Worldwide Logistics (WL), the equipment shortage has …

The post Container shortage crisis...

https://theloadstar.com/container-shortage-crisis-spreads-to-india-delaying-exports/