Home / Knowledge / News / Apparel/Garments / Rise in shipping fees hit Vietnamese garment exporters
Rise in shipping fees hit Vietnamese garment exporters
23
Mar '12
Adding to the financial woes of the Vietnamese garment exporters, several shipping line operators serving Vietnam have raised their container shipping fees.

Earlier this month, shipping charges for various routes including Vietnam to the US, Vietnam to the Middle East, Vietnam to Europe and several others were raised.

Hong-based shipping operator OOCL increased its per container charges for routes from Vietnam to Mediterranean and northern European countries by US$ 600.

Likewise, German operator Hapag Lloyd maritime carrier has also raised its charges for Vietnam to North America route by US$ 600 per container.

Similarly, other shipping operators like NYK, CMA and Maesk Line have also hiked their charges by US$ 800 to US$ 1,000 per container.

According to a garment exporter, even where the transportation costs are borne by the importer, there are many other charges like fuel surcharge and container imbalance charge, that garment and textile exporters need to bear.

Also, he said that it is not feasible for export firms to increase export prices to offset these losses, as it becomes difficult to convince importers to pay higher prices.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search