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Basmati exporters demand urgent govt crackdown on war-risk fees surging to 70 percent

Economy
Published on 27 April 2026
Basmati exporters demand urgent govt crackdown on war-risk fees surging to 70 percent

War-risk surcharges can hit 70 percent of cargo

Basmati rice exporters say West Asia’s instability is pushing shipping costs out of reach, with war-risk surcharges climbing as high as 70% of cargo value. They allege shipping lines are diverting shipments and holding containers, forcing exporters to absorb losses without clear recourse. A farmers and exporters forum is urging government action to regulate surcharges and ensure fair maritime practices.

  • War-risk surcharges are rising sharply, sometimes to 70% of cargo value
  • Exporters allege carriers divert cargo and hold containers unilaterally
  • Costs are being absorbed by exporters without effective compensation
  • Forum calls for government regulation of maritime shipping charges
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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