Asia Australia Discussion Agreement ups bunker surcharge

Time:2011-01-28 Browse:41 Author:RISINGSUN

MEMBER lines of Asia Australia Discussion Agreement (AADA) have increased their bunker surcharges for shipments from Japan, Korea, mainland China, Hong Kong and Taiwan to Australia to US$475 per TEU and $950 per FEU for dry and refrigerated containers from February 26, "reflecting 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," said the AADA statement, adding that the member lines have adopted voluntary guidelines and have reached a "non-binding consensus on the above arrangement".


AADA members are ANL Singapore, China Shipping Container Line (HK), Cosco, Hamburg Sud, Hanjin, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk, MSC, MOL, NYK, OOCL, Gold Star Line and Zim.