The Directorate General of Shipping (DG Shipping) has directed ports to immediately ensure concessions for exporters with Gulf-bound stranded cargo, curbing procedural reimbursements or post-facto claims. It also red-flagged the higher war risk premium (WRP) levied on cargo and instructed shipping lines to transparently and proportionately reflect the revisions in freight charges. It has been observed that concessions granted by port authorities, particularly relating to detention charges, ground rent, reefer plug-in (connected load) and similar terminal charges, are not being uniformly passed on to the exporters. DG Shipping’s circular dated April 8 reads. All concessions approved by Port Authorities shall be directly and transparently passed on to the concerned stakeholders, including freight forwarders and NVOCCs, who in turn shall reflect the same to the exporters, DG Shipping said, cracking down on the current practice of routing such adjustments through procedural reimbursements or post-facto claims, which is to be discontinued with immediate effect, according to a report.
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