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Shipping Corporation of India to hike freight rates from September 12

27 Aug 2014 Evaluate

Shipping Corporation of India (SCI) will be hiking rates on ISE and IPAK service and (Indian Subcontinent to Europe) with effect from September 12, 2014. The company has taken this step in order to meet increasing operational costs and maintain high level of reliability and proficiency to the customers.

The Freight rate increase will now be $250/TEU and $500/FEU. It will also be applicable for the shipments from Indian Sub-continent to Europe, Mediterranean, Black Sea & Red Sea trade route.

SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.

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