Shippers Fear Crash In Freight Rates

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:20 AM IST

Indian shipping lines are preparing for a turbulent journey ahead, with depressed freight rates expected to weaken further in the wake of the terrorist attacks on the US.

September and October are crucial months for Indian exporters who book with shipping lines for shipments to catch Christmas and New Year season sales in Europe and Asia. There have been warnings from the Federation of Indian Export Organisations (FIEO) that India

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First Published: Sep 21 2001 | 12:00 AM IST

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