The ongoing forex crisis has impacted the shipping trade as well with giant Maersk urging customers to pay in dollars. 

It said due to the current dollar unavailability in the market, it is facing challenges in making the freight collection remittance on time to its principal. It has informed customers that the challenge creates a severe adverse impact on future space availability to local exporters. 

“Hence after careful consideration and in keeping with the law, we are compelled to change the freight collection payments to dollars with immediate effect,” Maersk said.

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