India's Directorate General of Shipping orders upfront disclosure of shipping fees

Change
India's Directorate General of Shipping directed shipping companies and their agents to desist from predatory and non-transparent pricing and to disclose all charges to exporters in advance.
India's Directorate General of Shipping orders upfront disclosure of shipping fees
Why it matters
The advisory increases regulatory scrutiny on retrospective surcharges and opportunistic levies, making it more difficult for carriers to add undisclosed fees after shipment confirmation. That creates a formal basis for exporters to challenge late-added charges and for the regulator to investigate complaint-driven practices.
Implications
  • Shipping companies' commercial teams must publish and share itemized fee schedules with exporters before confirming bookings.
  • Shipping agents must provide written confirmation of any surcharges to consignees prior to collection.

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Source

Economic Times

Topics

Trade & Tariffs Regulatory Actions Supply Chain & Logistics

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