Mainland-Hong Kong to Australia rates go up US$300/TEU from March
MEMBER lines of the Asia Australia Discussion Agreement (AADA) will levy an increase of US$300 per TEU and US$600 per FEU for both dry and refrigerated cargo on top of the base rate from March 1.
As port of a rate restoration programme, all outward shipments with for mainland China and Hong Kong to ports and points in Australia will be so charged.
AADA is a voluntary discussion forum of 18 ocean carriers serving the trade from North and East Asia to destinations in Australia.
Member AADA lines are ANL Singapore, APL, China Shipping Container Line (HK), Cosco, Evergreen Line, Hamburg Sud, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk Line, MSC, MOL, NYK, OOCL, PIL, Sinotrans Container Lines, TS Lines and Yang Ming.