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AADA bunker surcharge rises to US$175/TEU, $350/FEU on July 9

Time：2016-06-14 Browse：147 Author：RISINGSUN

MEMBER lines of 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 is to be adjusted to US$175 per TEU and US$350 per FEU for dry and refrigerated containers from July 9.

This reflects recent the increase in the price of oil at Hong Kong and South Korea, and is why AADA members have adopted a non-binding consensus on the above arrangement.Member AADA lines are ANL Singapore, APL, China Shipping Container Line (HK), Cosco, Evergreen Line, Hamburg Sud, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk Line, MSC, MOL, NYK, OOCL, PIL, Sinotrans Container Lines, TS Lines and Yang Ming.