General Rate Restoration ex South East Asia to Australia Trade – Effective 1st Aug 2017

General Rate Restoration ex South East Asia to Australia Trade – Effective 1st Aug 2017

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

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

The increase is as follows:

USD $100.00 per TEU USD $200.00 per FEU and USD4.00/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 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 August 2017, and will be subject to ancillary surcharges applicable at the time of shipment.