OCEAN MARKET UPDATE – May 24, 2018

May 24, 2018Market Advisory

OCEAN MARKET UPDATE – May 24, 2018

TOC LOGISTICS INTERNATIONAL INC offers the following ocean market update:

The National Coordination Committee for the six port workers federations in INDIA has called for a nationwide, one-day, strike on May 28, 2018.  Followed immediately by an indefinite strike beginning May 30, 2018.

Worker demands have gone unattended by the Ministry of Shipping and attempts of resolution between the competing entities have proven unsuccessful.

The following major ports in India are expected to be affected:

  1. Jawaharlal Nehru Port (Nhava Sheva)
  2. Mumbai Port
  3. Chennai Port
  4. Tuticorin Port
  5. Kolkata Port
  6. Cochin Port
  7. Vishakhapatnam Port
  8. New Mangalore Port
  9. Mormugao Port
  10. Paradip Port
  11. Kandla Port
  12. Ennore Port
  13. Port Blair Port

TOC strongly encourages our customers to take immediate action to review your supplier release schedules and seek counsel with your operations agent or Account Manager to explore alternative modes of bringing your product in or out of INDIA.

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