Financial Daily from THE HINDU group of publications
Saturday, May 18, 2002
Financial Daily from THE HINDU group of publications Saturday, May 18, 2002 |
|
|
|
|
|
Logistics
-
Shipping Shipping bodies reduce war risk surcharges Our Bureau
KOLKATA, May 17 AT least three major shipping conference have lowered their war risk surcharges following reduced insurance premia. The revised surcharges came into effect from May 14. Thus the member lines of the India,Pakistan,Bangladesh and Ceylon (IPBC) Conference have lowered their surcharges for vessels serving Pakistan from $33 to $28 per TEU. For cargo transhipped via Colombo the surcharge however remains unchanged at $10 per TEU. The member lines of IPBC Conference include, among others, the Shipping Corporation of India, Pakistan National Shipping Corporation, Bangladesh Shipping Corporation, CMA-CGM, Contship, Evergreen, Hapag-Lloyd, K Line, Malaysian International Shipping Company, Maersk Sealand, P&N, Rickmers, Safmarine,Yang Ming and Zim. The Jedda Service group (JSG) too has lowered its surcharge for vessels serving Jeddah port from $41 to $18 per TEU and the Europe Middle East Rate Agreement (Emera) has reduced its war risk surcharge for vessels calling at Gulf ports from $22 to $17 per TEU.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|