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Shipping lines involved in the south China-south Asia trade issued a joint statement saying they will increase terminal handling charges (THC) for cargo to and from south China from May 15 to recover rising shore costs.
The new charge will be US$141 per TEU and US$269 per FEU for dry freight and US$181 per TEU and US$344 per FEU for reefer cargo, the statement from the shipping lines said.
Charges will apply for all south Asia import and export cargo to and from Guangdong, Guangxi, Hainan and Yunnan provinces. "Following normal commercial practices, this charge will continue to be payable by the export shipper or the import consignee, unless other specific arrangements are made between the buyer and or seller. Similarly, the applicable THC in south Asia will continue to apply," the statement said.
Other charges and surcharges applicable at time of shipment will continue to be assessed separately from the THC and the ocean freight rate, the statement said.
"This increased THC is being applied on a voluntary non-binding basis by participating shipping lines. While the above referenced THC levels are fully justifiable based on actual costs incurred, individual shipping lines do have the right and privilege of adopting an independent and separate charge if they so desire," the statement added.
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