April 29, 2026 | Source: EPCES
OVERVIEW:
EPCES raises alarm that foreign shipping lines are misusing Force Majeure clause to destabilize Indian MSME exporters.
KEY HIGHLIGHTS:
- Foreign shipping lines exploiting Force Majeure provisions
- Direct impact on Indian MSME exporters and small traders
- Ministry of Finance issued directive on April 29, 2026 on Force Majeure
- West Asia conflict cited as reason
- EPCES demands government intervention
- Shipping costs affecting export margins
WHO IS AFFECTED:
- MSME exporters using sea freight
- Small exporters with tight margins
- Exporters shipping via West Asia routes
WHAT TO DO:
- Document all Force Majeure claims
- Contact EPCES for guidance
- Explore alternative shipping routes
- epces.in for updates
SOURCE: EPCES | epces.in | April 2026