A number of shipping lines have announced that Peak Season Surcharge and/or rate increases will be applied from Asia as from 1st August 2021, below are the details of the announcements received to date:
From China, Taiwan, Korea, Japan Hong Kong:
- MSC will increase rates on all containers by USD 500.00/20ft and USD 1,000.00/40ft to Australia and New Zealand.
- Hapag-Lloyd Line will implement their increase of USD 500.00/20ft and USD 1,000.00/40ft as a Peak Season Surcharge.
- CMA/ANL Group have also increased their rates by USD 500.00/USD 1000.00 from North China, Taiwan, Korea and Japan ports, with an increase of USD 400.00/20ft and USD 800.00/40ft from Shekou, Hong Kong and Xiamen ports in China.
- PIL Line have announced a total rate increase of USD 900.00/20ft and USD 1,800.00/40ft on their services to Australia.
From Bangladesh, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam, the rate increase has been advised by most lines at USD 500.00/20ft and USD 1,000.00/40ft.
LCL Rates from all above countries are also expected to increase as a result of the lines announcements, we anticipate the cost increases to be approximately USD 20.00 per cubic metre or 1000kgs, final details yet to be confirmed.
No doubt other shipping lines will follow with rate announcements, GPSM will keep all clients advised of further developments as notifications are received.
Australian Port Charges:
Shipping lines have all announced an increase in the Bill of Lading Fees in Australia, these costs have always been included in the port charges billed by GPSM. These costs will increase by up to AUD 50.00 as lines hike their document fees from around AUD 100.00 to AUD 150.00 from 1st August, 2021.
All the new rates and charges will be uploaded to GPSM rate portal on our website.