Baffled by the increase in logistical costs and short supply of containers, which are making business uncompetitive, a group of exporters are gearing up to approach the Competition Commission of India (CCI) to ask it to look into possible “cartelisation” by shipping lines.
The exporters will also seek government regulation on shipping lines in India, after the US President Joe Biden directed the Federal Maritime Commission to crack down on “unjust and unreasonable fees” in the shipping sector. Based on estimates of the Directorate General of Shipping, the country has ...