AADA hikes China, HK to Australia rate US$500/TEU and $1,000/FEU from January 1
MEMBER lines of Asia Australia Discussion Agreement (AADA) have announced a US$500 per TEU and $1,000 per FEU (both dry and refrigerated goods) rate increase on all cargo from Hong Kong and mainland China to ports and points in Australia from January 1.
The AADA said in a statement that in order to maintain a high standard of service to customers, the participating member lines will be implementing a rate restoration programme to all their customers in China and Hong Kong.
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.
The 12 member carriers of the AADA are: ANL, APL, COSCO Container Line, Evergreen Line, Hamburg Sud, Hyundai Merchant Marine, Maersk, MSC, OOCL, PIL, TS Lines and Yang Ming Line.
MEMBER lines of Asia Australia Discussion Agreement (AADA) have announced a US$500 per TEU and $1,000 per FEU (both dry and refrigerated goods) rate increase on all cargo from Hong Kong and mainland China to ports and points in Australia from January 1.
The AADA said in a statement that in order to maintain a high standard of service to customers, the participating member lines will be implementing a rate restoration programme to all their customers in China and Hong Kong.
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.
The 12 member carriers of the AADA are: ANL, APL, COSCO Container Line, Evergreen Line, Hamburg Sud, Hyundai Merchant Marine, Maersk, MSC, OOCL, PIL, TS Lines and Yang Ming Line.