Import/Export Industry Notifications

Textile and garment exporters have sought measures by the Union government to address the issue of container shortage.

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Since July 20, community-spread infections have been confirmed in about 30 cities across China, including Beijing, Shanghai and Chongqing. Apart from the three provincial-level metropolises, infections have been found in 12 provinces and autonomous regions such as Sichuan, Henan and Yunnan. The south of the nation has been in lockdown for nearly a month with massive ship queues building in the South China Sea.

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The US Federal Maritime Commission (FMC) has asked eight of the major global ocean carriers – CMA CGM, Hapag-Lloyd, HMM, Matson, MSC, OOCL, SM Line and Zim – to provide details about their congestion and related surcharges

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Exporters plan production cut; lose European market to Turkey As soaring freight rates to the US and South America turn almost at a par to the value of the product shipped

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Ship availability hit by quarantine norms; pile-up of goods is leading to default of export commitments

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Airfreight rates ex-China are soaring after Covid cases prompted the closure of Nanjing Airport

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Congested Asia-US ocean supply chains have left shippers battling to match import levels with high consumer demand.

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In a continued effort to provide its customers with reliable and efficient services, CMA CGM informs its customers of the Peak Season Surcharge

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OVERWEIGHT SURCHARGE (OWS) applicable as from Aug 4th, 2021 (date of loading in the origin ports) until further notice. Applicable on EPIC service from India to XTRADE and LATAM trade.

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