Sri Lanka Banning Terminal Handling Charges in 2014
Sri Lanka government in order to try and bring the many shipping charges under control. Has decided that from the start of 2014 all THC charges are going to be banned. Freight forwards will no longer be able to charge for this cost. It is also suggested that the Indian government is monitering the issue to see how well it goes before considering
THC charges are a standard known throughough the shipping industry. While trying to getting control of all of the many different shipping surcharges is definately with looking out. Someone has to pay for the ship containers to be off loaded and the THC charge will have to go somewhere. The shipping lines simply are not going to absorb this cost. It will be interesting to see where it goes.