General Rate Increase – Southeast Asia, South Asia, Indian-Sub continental and Middle-East to Australia 1st May 2017

General Rate Increase –  Southeast Asia, South Asia, Indian-Sub continental and Middle-East to Australia 1st May 2017

Carriers have announced to Southeast Asia, South Asia, Indian-Sub continental and Middle-East to Australia clients a General Rate Increase (GRI) that is to apply to all vessels sailing ex Southeast Asia, South Asia, Indian-Sub continental and Middle-East

The announced increase is to be effective from 1st May 2017 (pro-forma sailing date)

The increase is as follows:

USD $100.00 per TEU USD $200.00 per FEU and USD5.00/per CBM

For both dry and refrigerated cargoes in the base ocean freight for cargoes from Southeast Asia, South Asia, Indian-Sub continental and Middle-East to  to ports and points in Australia.

This increase will be applied in full on top of existing ongoing market rates to all shipments based on the actual departure date of the vessel named in the bill of lading from 1st May 2017