Sea Battle

IPBCC or India Pakistan Bangladesh Ceylon Conference, which represent 14 regional shipping lines, informed the Ceylon Shippers
quote Council (CSC) last month of plans to raise levies by US$ 300 and US$ 600 per 20-foot and 40-foot container, respectively.

rnrnThe increase will be applicable for UK continent, Baltic, Mediterranean and Scandinavian destinations.

rnrnHowever, last Thursday CSC has rejected the proposed price increase and has made a counter offer with a deadline fixed for March 1.

rnrnldblquote The proposed increase which they call a Rate Restoration is absolutely too high. We have made a counter offer for a lower increase and if they do not accept it by March 1st we will ask the local shipping community to reject the rate increase and let the market decide the rate
dblquote , Shippers Council Chairman, Ravi Ratnapala told Lanka Business Online.

rnrnThe all-inclusive base rate for UK destinations is currently quoted at US$ 500 and US$ 1000 per 20-foot and 40-foot container, respectively.<