FFFAI Flags War Risk Surcharges of Up to $4,000 per Container as 70% of Indian Exports Disrupted by Hormuz Crisis

India’s Freight Forwarders Seek Action on Gulf War Risk Fees

India’s freight forwarding industry is alarmed by soaring War Risk Surcharges (WRS) imposed by international shipping lines on Gulf-bound cargo. The Federation of Freight Forwarders’ Associations in India (FFFAI) has urged intervention from the Ministry of Ports, highlighting potential profiteering as exporters face increased financial strain and significant disruptions.

Continue reading
Advertisements