PUBLISHER: Container News (www.container-news.com)
While India’s Shipping and Ports Minister Sarbananda Sonowal has assured an early solution to the country’s container shortage problem that has kept both importers and exporters on the edge, the shippers and freight-forwarders are now moving towards more unconventional methods like breakbulk to survive the demand boom and capacity imbalances.
Breakbulk cargo is transported in bags or small boxes that occupy less space than containers in ships allowing more cargo to be shipped for faster exports. The commerce department is seeking to create a database of all commodities which can be exported via priority berthing as breakbulk cargo facilitating faster export of suitable commodities.
The relief measures announced by the government for exporters like an extension of the deadline for re-export of imported vessels, the extension of the Transport and Management Assistance Scheme till March 2022 have made very little difference in the trade as demand opened up just ahead of Christmas, New Year and the Chinese New Year.