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Cargoes, ships stranded at port of Chennai

Cargoes, ships stranded at port of Chennai

   Cargoes and ships are stranded at the Indian port of Chennai because a union strike is causing a backlog of import cargo at the port.

   “The strike, which began May 23, is causing major problems for exporters,” said FedEx in a bulletin. FedEx reported cargo stranded “for many days” is being moved to off-dock container freight stations, enabling the firms concerned to take possession of it.

   The India Pakistan Bangladesh Ceylon Conferences, a group of ocean carriers in the trade between India and Europe, reported Friday that feeder operators serving the port of Chennai said they intend to introduce a congestion surcharge of $50 per TEU for laden containers.

   The conference said that will pass on this charge to shippers through a new “Chennai emergency congestion surcharge” of $50.