At the behest of the Cambodian logistics sector, the Ministry of Public Works and Transport is urging international shipping companies to consider reducing, or even dropping, fees that have inflated costs for local firms.
Particularly, the Freight Forwarders Association has raised concerns over the effect the container imbalance charge (CIC) is having on the bottom line of its members. They also complain of high terminal handling charges (THC).
International shipping lines have recently raised prices to include a CIC fee, which is meant to offset the cost of carrying empty or nearly empty containers from Cambodian ports once import shipments conclude, according to Sin Chanthy, president of the Cambodia Freight Forwarders Association (CAMFFA).
Container imbalance charges are normally charged in countries where the amounts imported are bigger than those exported.
Read more on Khmer Times.
