Independent journal on economy and transport policy
01:03 GMT+1
SCT fights back over tariffs
(Sched Net)
February 4, 1999
THE Shanghai Container Terminal (SCT) has retaliated against criticism from carriers over increases in the former's recent tariff hike.
SCT says the rise of US$6.40 per TEU should not be a problem for shipping lines in light of their freight rates which have been raised by an average $400 to $500 per TEU on cargo traveling to North America from China.
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