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Is there a record shortage in shipping containers? Do we need to care about the same?

An excerpt from Govts extends the re-export timeline for imported containers by 3 months - The Economic Times (shorturl.at/hxNPW) suggests the same.


‘The commerce and industry ministry said in a statement -Disruptions due to the COVID pandemic resulted in high shipping freight rates and container shortage globally, a problem which has been raised repeatedly by exporters in India too.’


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