Asia-Australia carriers to increase bunker surcharge September 22

CARRIER members of the Asia Australia Discussion Agreement (AADA) have announced an increase in the bunker surcharge for shipments from Japan, Korea, mainland China, Hong Kong and Taiwan to ports in Australia from September 22.

The bunker surcharge will be increased to US$575 per TEU and $1,150 per FEU for dry and refrigerated containers.

AADA is a voluntary discussion forum of container carriers offering services from north and east Asia to ports in Australia. Its members include ANL, China Shipping, Cosco, Hamburg Sud, Hanjin, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, MSC, MOL, NYK Line and OOCL.