Indian exporters question the ‘cartelisation’ of box shipping

Another Asian country is beginning to debate whether container carriers have been colluding to create today’s sky high record freight rate environment.

A group of Indian exporters are gearing up to ask the Competition Commission of India (CCI) to ask it to investigate possible “cartelisation” by shipping lines.

Indian exporters, like so many other nationalities, have been hit hard this year by soaring freight costs and a scarcity of available containers.

Splash reported yesterday on a preliminary investigation by the Philippine Competition Commission (PCC) in Manila which suggests some container lines are engaged in price fixing amid surging freight costs. Similar investigations have been undertaken in China, Vietnam, Taiwan, South Korea and the US in recent months.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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