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AADA raises China-Australia rate US$300/TEU July 1
THE Asia Australia Discussion Agreement (AADA) will implement a US$300 per TEU rate increase from July 1 on all cargo from mainland China and Hong Kong to ports in Australia.
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 AADA said.
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.
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 AADA said.
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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