General Rate Increase (GRI) China, Hong Kong, Korea and Taiwan – Australia Trade

General Rate Increase (GRI) China, Hong Kong, Korea and Taiwan – Australia Trade

General Rate Increase (GRI) China, Hong Kong, Korea and Taiwan – Australia Trade

Carriers have advertised there will be a Rate Restoration of US$300/20’ and US$600/40’ from the 15th of January 2015, for both dry and refrigerated cargoes in the base ocean freight for cargoes from North East Asia (including China, Hong Kong, Korea and Taiwan) to ports and points in Australia.

This increase will be applied in full on top of existing ongoing market rates to all import shipments with the Cargo Gate-in/Receive Date on or after the 15th of January 2015, and will be subject to ancillary surcharges applicable at the time of shipment.