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AADA increases China-Australia rate by US$300/TEU from April 1
MEMBER lines of the Asia Australia Discussion Agreement (AADA) will implement a rate increase of US$300 per TEU from April 1 on all cargo from mainland China and Hong Kong to all ports and points in Australia.
Called a rate restoration, the increase will apply to both dry and refrigerated cargo on the base ocean freight. 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 12 ocean carriers, including ANL Singapore, APL, Cosco, Evergreen, Hamburg Sud, Hyundai Merchant Marine, Maersk, MSC, OOCL, PIL, TS Lines and Yang Ming.
Called a rate restoration, the increase will apply to both dry and refrigerated cargo on the base ocean freight. 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 12 ocean carriers, including ANL Singapore, APL, Cosco, Evergreen, Hamburg Sud, Hyundai Merchant Marine, Maersk, MSC, OOCL, PIL, TS Lines and Yang Ming.
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