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AADA increases in China to Australia rate US$300/TEU from August 1

MEMBER lines of Asia Australia Discussion Agreement (AADA) have announced a US$300 per TEU rate increase on all cargo from Hong Kong and mainland China to ports and points in Australia from August 1.

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. 



AADA is a voluntary discussion forum of 16 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.
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