Members of the Asia-Australia Discussion Agreement will implement a rate increase as part of a rate restoration program for the trade moving from China and Hong Kong to Australia.
Effective Aug. 1, the proposed increase will be $300 per TEU and $600 per FEU for dry and refrigerated containers.
The group also plans to impose a peak-season surcharge of $250 per TEU and $500 per FEU on the route, effective Aug. 15.
The announcement comes after the carriers raised their bunker surcharges to $325 per TEU and $650 per FEU, as of July 10.
AADA members are ANL Singapore, China Shipping Container Lines, Cosco, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, "K" Line, Mediterranean Shipping Co., MOL, NYK Line, Orient Overseas Container Line, Gold Star Line (Hong Kong) and Zim Integrated Shipping Services.
Effective Aug. 1, the proposed increase will be $300 per TEU and $600 per FEU for dry and refrigerated containers.
The group also plans to impose a peak-season surcharge of $250 per TEU and $500 per FEU on the route, effective Aug. 15.
The announcement comes after the carriers raised their bunker surcharges to $325 per TEU and $650 per FEU, as of July 10.
AADA members are ANL Singapore, China Shipping Container Lines, Cosco, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, "K" Line, Mediterranean Shipping Co., MOL, NYK Line, Orient Overseas Container Line, Gold Star Line (Hong Kong) and Zim Integrated Shipping Services.