AADA to hike China-Australian rate US$300/TEU and $600/FEU July 1

5/30/2014 9:23:06 AM

MEMBER lines of the Asia Australia Discussion Agreement (AADA) are levying a rate hike on July 1 of US$300 per TEU and $600 per FEU on cargo from mainland China and Hong Kong to all points in Australia. This increase on dry and reefer cargo will apply on top of existing ongoing market rates and be subject to accessorial surcharges applicable at the time of shipment, said the AADA statement. The AADA members' statement said the levy was necessary to "maintain a high standard of service to their customers". AADA members are ANL Singapore, APL, CSCL, Cosco, Evergreen, Hamburg Sud, Hanjin, Hapag-Lloyd, Hyundai, "K" Line, Maersk, MSC, MOL. NYK, OOCL, PIL, Sinotrans, TS Lines and Yang Ming Line.   Asian Shipper News

RELATED NEWS

AA, US Airways see cargo jump in December (1/18/2014 8:56:49 AM) Asia Australia Discussion Agreement to levy US$575/TEU bunker surcharge (10/24/2013 9:27:59 AM) AADA increases China-Oz rates US$400/TEU and $800/FEU October 24 (10/1/2013 9:43:58 AM) AADA to raise rates US$100 per TEU on July 1 and $200 per TEU on July 15 (6/15/2013 9:26:44 AM) AADA lowers bunker surcharge as fuel prices fall in HK and Korea (5/3/2013 10:45:48 AM) Asia-Australia carriers to adjust bunker surcharge from March 23 (2/22/2013 10:33:42 AM)

OTHER NEWS

MOL ups dry box rates US$750/TEU, reefers rise $1,000/FEU June 15; Hamburg Sud hikes rate US$250/TEU from N America to NZ-Oz July 1 (5/30/2014 9:22:14 AM) NYK takes delivery of post-Panamax car carrier (5/29/2014 9:36:34 AM) MV Niledutch Breda Naming Ceremony (5/29/2014 9:35:35 AM) Better capacity balance and rates not likely to come in 2014: analyst (5/28/2014 8:14:29 AM) Oman's Sohar OCIT container terminal docks 10,000-TEU APL Savannah (5/27/2014 8:45:20 AM) Ocean Carrier Rate Revision Roundup for May 23 (5/26/2014 8:08:42 AM) NYK Line expands Jacksonville ro/ro service (5/26/2014 8:07:26 AM) CSCL to enter Baltic Sea feeder market with Cosco and Yang Ming (5/24/2014 8:04:27 AM) OOCL takes last of 13,208 TEU order, CSCL takes two 10,036 TEUers (5/23/2014 9:04:07 AM) ZIM details Latin America, Caribbean services (5/22/2014 8:59:11 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148