Container Traffic Hit by Controversial 10% 'Busy Season' Charge
PORTS & SHIPPING

Container Traffic Hit by Controversial 10% 'Busy Season' Charge

In a significant development, the imposition of a 10% "busy season" charge on container traffic has sent shockwaves through the trade industry.

This contentious fee, levied during peak shipping seasons, has sparked concerns and debates within the sector. Port operators and shipping companies argue that the charge is necessary to manage increased demand during peak periods, while critics contend that it adds unnecessary costs and hampers trade efficiency.

The new charge is expected to impact importers and exporters, potentially affecting the prices of goods and the overall flow of international trade. As discussions and disputes regarding the fee continue, stakeholders in the shipping and logistics industry are closely monitoring its effects on global commerce.

In a significant development, the imposition of a 10% busy season charge on container traffic has sent shockwaves through the trade industry. This contentious fee, levied during peak shipping seasons, has sparked concerns and debates within the sector. Port operators and shipping companies argue that the charge is necessary to manage increased demand during peak periods, while critics contend that it adds unnecessary costs and hampers trade efficiency. The new charge is expected to impact importers and exporters, potentially affecting the prices of goods and the overall flow of international trade. As discussions and disputes regarding the fee continue, stakeholders in the shipping and logistics industry are closely monitoring its effects on global commerce.

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App