Cosco Container Lines said it will impose a congestion surcharge on cargo moving through India’s Port of Nhava Sheva (Jawaharlal Nehru).
Effective Aug. 15, the planned surcharge will be $150 per 20-foot equivalent unit.
The carrier said the surcharge will apply to both east and westbound shipments between Nhava Sheva and destinations in Northwest Europe as well as the Mediterranean.
The move follows similar surcharge announcements by other major carriers covering the trades to and from India, including Maersk Line, APL, Orient Overseas Container Line and NYK Line.
The Journal of Commerce Online