Member shipping lines of the Asia Australia Discussion Agreement have announced an increase of its bunker surcharge on the trade between mainland China, Hong Kong and Australia.
The container shipping lines said in a statement that their decision was based on the recent increase in the price of oil in Hong Kong and South Korea.
As a result, the bunker surcharge level for shipments from China and Hong Kong to ports in Australia will be adjusted to US$450 per TEU and US$900 per FEU for dry and reefer boxes from April 18.
AADA members are ANL Singapore, China Shipping Container Line (HK), Cosco Container Line, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, "K" Line, Maersk Line, MSC, MOL, NYK Line, OOCL and Gold Star Line (HK) (ZIM line).
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