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Page 4 - Water Transport Cell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Soaring freight rates worrying businesses | Hellenic Shipping News Worldwide

The increased charges, together with shipment delays for everything from raw materials to emergency medical supplies to holiday gifts, have already raised production costs for most goods Soaring freight rates on major sea routes, particularly the Bangladesh-China route, come as a severe blow to local businesses, which have been struggling for around two years to .

India: Bulk importers at mercy of lighter vessel cartel | Hellenic Shipping News Worldwide

Over the years, the Chattogram Chamber offshoot has emerged as a cartel of vessel owners that took full control of the lighter ship business, hikes fares at its will and makes businesses pay those, businesspeople allege. Importers, who bring consumer goods and industrial raw materials in bulk, have to wait for its mercy to get .

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