Rate Restoration Ex North East Asia to Australia - Update 2 (25/06/2018)

NOTICE TO OUR VALUED CUSTOMERS
Further to previous Rate Restoration announcement issued back the 15th June the Shipping Lines operating in the North East Asia (Korea, Japan, China including Hong Kong, and Taiwan) to Australia Trade have announced they will implement another proposed Rate Restoration to the market effective 01st August 2018.

The Increase amount has been advertised as USD $300 Per 20’ standard container and USD $600 Per 40’ standard and high cube container.
This increase will be applied in full on top of existing ongoing market rates to all shipments based on shipment onboard date, and will be subject to ancillary surcharges applicable at the time of shipment. This GRI is applicable for all bookings with ETD 01st August 2018 onwards,
We will have no choice but to pass these increases on to our Valued Customers if the increase is applied.
Once again and as previously advised based on our current Service Contracts and existing agreements we should not be hit with the full increase but there may be a small increase of some kind if it is enforced. This is not confirmed but we will advise you well in advance once an official announcement has been made.