MEMBER lines of the Asia Australia Discussion Agreement (AADA) plan to implement a rate restoration next month.

Effective February 12, the AADA will levy an increase of US$100 per TEU and $200 per FEU for both dry and refrigerated cargo. The rate change will apply to all outward shipments originating from China, Hong Kong and Taiwan to ports and points in Australia.

"This increase will apply in full on top of existing ongoing market rates and will be subject to accessorial surcharges applicable at the time of shipment," a release issued on behalf of AADA shipping lines said.

AADA members include: ANL Container Line, China Shipping Container Line (HK), Cosco Container Line, Hamburg Sud, Hanjin Shipping, HMM, "K" Line, Maersk Line, MSC, MOL, NYK, OOCL, and Gold Star Line (HK) (Zim Line).