Hurting exporters want fairer way to set rates

Wrangles between exporters and shipping lines over soaring freight rates "is a war that has not ended", a senior executive representing cargo owners says.

Sunny Ho Lap-kee, executive director of the Hong Kong Shippers' Council, made the comment yesterday after cargo owners experienced triple rises in freight rates on some routes.

"Shipping lines want to charge more, shippers want to pay less," Ho said, but added that exporters did not want shipping lines to go bankrupt because shippers needed them.

via Business feed http://www.scmp.com/business/economy/article/1076608/hurting-exporters-want-fairer-way-set-rates