SCI to hike Europe route freight rate by $200 per container: Report

16 Jul 2013

State run Shipping Corporation of India (SCI) is reportedly planning to hike Europe route freight rate by $200 per container. The company, previously in January this year, in order to meet increasing operational costs and maintain high level of reliability and proficiency to customers, had hiked rates on Indian Subcontinent to Europe (ISE) service with effect from February 1, 2013.

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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