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Shortage of containers:
Reduction in freight charges
Sanjeevi Jayasuriya
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Exporters require quality containers |
The shipping industry is looking forward to take advantage of the
reduction in freight charges in certain parts of the world. The freight
charges have come down for Europe, USA and Far East including China.
“This is a welcome reduction for exporters. They need to work towards
taking advantage of this situation,” Sri Lanka Shippers Council Chairman
Gihan Kuruppu told Daily News Business.
“The country’s export sector needs to have strategies to exploit this
reduction where an increase in the volume of exports will bring in more
foreign exchange. The quick response from the sector could derive
benefits,” he said. Exporters require quality containers to facilitate
the export process as at present there is a dearth in related equipment.
The current state of the containers is in a bad shape and also they
are not sufficient to accommodate the demand. There is a shortage in
containers globally and this has affected the country,” Kuruppu said.
Exports in tea, fibre and apparel have shown an increase. |
