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Exporters take unusual steps to ease container shortage to ease trading

Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March

Photo: Bloomberg
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Photo: Bloomberg

Ann Koh and Rajesh Kumar Singh | Bloomberg
Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading.

Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans-Pacific route to help local manufacturers while China’s state-owned shipyard, Cosco Shipping Heavy Industry, has converted at least one freshly built paper-and-pulp carrier to transport the containers.

The state-backed companies and governments are working quickly to smooth disruptions on the supply side of global trade to avoid losing business, even as clogged ports like Los