The Asia Australia Discussion Agreement (AADA) has announced an increase in the bunker surcharge level for shipments from China and Hong Kong to ports in Australia to US$400 per TEU and $800 per FEU for dry and refrigerated containers from December 4th.
This reflects the recent increase in the price of oil at Hong Kong and South Korea. Customers requiring further information concerning the bunker surcharge are advised to contact the member lines.
AADA members have adopted voluntary policy guidelines and have reached a non-binding consensus on such arrangements, said a statement from the group, whose members include ANL, CSCL, Cosco, Hamburg Sud, Hanjin, Hyundai, "K" Line, MSC, MOL, NYK, OOCL, Gold Star and Zim.
This reflects the recent increase in the price of oil at Hong Kong and South Korea. Customers requiring further information concerning the bunker surcharge are advised to contact the member lines.
AADA members have adopted voluntary policy guidelines and have reached a non-binding consensus on such arrangements, said a statement from the group, whose members include ANL, CSCL, Cosco, Hamburg Sud, Hanjin, Hyundai, "K" Line, MSC, MOL, NYK, OOCL, Gold Star and Zim.