News Content
AADA increases China and HK to Australia rate US$300/TEU August 1
MEMBER lines of the Asia Australia Discussion Agreement (AADA) will implement a rate increase of US$300/TEU and US$600/FEU from August 1 for both dry and refrigerated cargo from mainland China and Hong Kong to ports in Australia.
The AADA said the rate adjustment is necessary to "maintain a high standard of service to their customers".
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.
The AADA said the rate adjustment is necessary to "maintain a high standard of service to their customers".
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.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
