AADA to increase rate US$500/TEU from China to Australia May 15

4/16/2014 8:30:51 AM

MEMBER lines of the Asia Australia Discussion Agreement (AADA) will levy a US$500 per TEU and $1,000 per FEU on both dry and reefer cargo from Greater China to Australia starting May 15. This increase will apply in full on top of existing ongoing market rates and will be subject to accessorial surcharges applicable at the time of shipment, said the AADA statement. AADA is a voluntary discussion forum of 19 ocean carriers serving the trade from north and east Asia to Australia. Members include ANL Singapore, APL, CSCL, Cosco, Evergreen, Hamburg Sud, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk, MSC, MOL, NYK, OOCL, PIL, Sinotrans, TS Lines and Yang Ming.   Asian Shipper News

RELATED NEWS

AADA to hike China-Australian rate US$300/TEU and $600/FEU July 1 (5/30/2014 9:23:06 AM) AA, US Airways see cargo jump in December (1/18/2014 8:56:49 AM) AADA hikes China-Oz rate US$400/TEU for dry, reefer from January 7 (12/4/2013 9:39:15 AM) Asia Australia Discussion Agreement to levy US$575/TEU bunker surcharge (10/24/2013 9:27:59 AM) China-Australia AADA rates to increase US$300/TEU from November 17 (10/19/2013 8:46:04 AM) AADA increases China-Oz rates US$400/TEU and $800/FEU October 24 (10/1/2013 9:43:58 AM) AADA to increase China-Australia rate (8/27/2013 9:16:57 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) AADA to increase China-Australia rate (4/16/2013 9:20:00 AM)

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