ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Structure of Liner Shipping Freight Market in India-III

A shipping conference is an agreement among shipping companies operating liner services for the purpose of regulating and restraining competition. The need for a conference arises from the fact that the liner shipping market is characterised by an excess of tonnage. In such a situation unrestrained competition among shipping lines could lead to rate wars, to the detriment of the lines as well as shippers.

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