16-03-2017

AADA cuts Asia-Oz bunker surcharge US$275/TEU April 12

AADA

CONTAINER shipping lines participating in the Asia Australia Discussion Agreement (AADA) have announced that the bunker surcharge level for shipments from Japan, Korea, China, Hong Kong and Taiwan to ports in Australia will be cut to US$275 per TEU and $550 per FEU for dry and refrigerated containers, starting from April 16.

In a notice to the trade, the AADA said that the cut in bunker surcharge comes in response to the decrease in the price of oil in Hong Kong and South Korea.

AADA members applying the revised bunker surcharge are: ANL Singapore, APL, Cosco Shipping, Evergreen Line, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, Mediterranean Shipping Co. (MSC), Orient Overseas Container Line (OOCL), Pacific International Line (PIL), TS Line, and Yang Ming Line.

Source: Schednet

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