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RATE INCREASES
GRI : There is a new rate increase Ex China
, Hong Kong and Taiwan , effective 19/1/08 of US $200 per
TEU.
GRI : There is a new rate increase Ex South
East Asia and South Asia , effective 1/1/08 of US $300 per
TEU.
BAF INCREASES : The BAF has been increasing
from all origins every few weeks. Please contact our office
for exact details.
General Rate Restoration ( GRR ) Effective 1st November
2007
From SINGAPORE , MALAYSIA , INDONESIA , THAILAND & VIETNAM
the general rate restoration ( GRR ) will be USD 300 per TEU
and USD 600 per FEU
2nd General Rate Restoration ( GRR ) Effective 15 th Sep 2007
From KOREA, CHINA, HONG KONG, TAIWAN the general rate restoration ( GRR ) will be USD 350 per TEU and USD 700 per FEU.
GRI`S Effective 1st July 2007
From South East Asia the rate restoration will be USD 300 per TEU and USD 600 per FEU
From North East Asia the rate restoration will be USD 350 per TEU and USD 700 per FEU
Peak Season Surcharges
As of the 1st August 2007, from North East Asia the Peak Season Surcharge will be USD 250 per TEU and USD 500 per FEU.
As of the 15th August 2007, from South East Asia the Peak Season Surcharge will be USD 250 per TEU and USD 500 per FEU.
Lines in key Asia Import trade set “ achievable “ rates
The 14 lines in the Asia Australia Discussion Agreement on the key southbound trade from China , Hong Kong , Taiwan and Korea , have announced a three stage rate restoration set for April , July and September 2006.
The rate increases are less ambitious than those of 2005 , when the grouping raised that year’s July hike per FEU by US$ 300 over its earlier public announcements to make an increase of US$ 1,000.
This year’s rises will start with US$ 150 per TEU and US$ 300 per FEU in April – slightly more than the equivalent rise from last year-before increasing by US$ 350 per TEU and US$ 700 per TEU on the July 1 and September 15.
The Peak Season Surcharge will remain the same as last year, at US$ 250 per TEU and US$ 500 per FEU as of the 15 th August 2006.
Southeast Asia carriers seek more modest rate rises
The 15- member Trade Facilitation Agreement on the southbound trade from southeast and south Asia to Australia has announced a relatively modest mid-year rate restoration of US$ 200 per TEU, from May 15.
Last year, the TFA upgraded its April rate rise from US$ 300 announced earlier, to USD $500.
With effect from 1st July 2006 Rate restoration will be increased by a minimum of US$ 250 per TEU.
The Peak Season Surcharge will be US$150/TEU as of the 21st August 2006.
Also , there is a rate restoration of USD 275 per TEU on the 1st Oct 2006.
Notice to Importers - Bunker Surcharge Increase Ex ALL of Asia to Australia
With effect from the 2 June 2006 , the Bunker Surcharge will be adjusted to US $300 per TEU.
Notice to Importers – BAF Increase Ex Europe to Australia
With effect from 15 June 2006 , the revised BAF will be US$ 375 per TEU.
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