China Lockdowns slowly lifting:
As Chinese authorities slowly lift their “Zero Tolerance” lockdown in Shanghai, it is hopeful that regular services will return to normal as soon as possible.
A large volume of containers had been diverted to Qingdao and Ningbo during the lockdown causing extensive congestion in both ports. Many shipping lines either delayed or cancelled sailings from East Coast China during the disrupted lockdown period.
The effects on production and supply chains will likely be felt for months, as firms reopen there will be a rush to purchase raw materials, and then a flood of finished goods leaving factories as companies try to make up for lost time.
There is already a backlog of cargo equivalent to 260,000 twenty-foot containers which wasn’t shipped from Shanghai in April because of the lockdown, according to Drewry Shipping Consultants, and the rebound will have a “bullwhip” effect across supply chains.
Currently, several hundred vessel awaiting entry to Shanghai for loading/unloading.
Port Infrastructure Levies/Booking Fees:
Australian container terminals will again increase the costs of Port Infrastructure Levy and Booking fees from 1 June 2022.
Sydney, Melbourne and Brisbane will increase to $ 175.00 per container, Adelaide and Fremantle will remain unchanged at the present time.
FCL Booking Fees will increase to $ 50.00 per container at all terminals across Australia as from 1st June, 2022, Empty Booking Fees will remain unchanged at current levels.
Trucking Fuel Levy:
Australian trucking fuel levies continue to vary as Oil prices fluctuate weekly, our Sub-contracted truckers around Australia has advised they are adjusting their fuel levies in line with further increased costs from 1st June 2022 as follows.
Brisbane fuel levy will increase to 22%, Fremantle will increase to 24%, Adelaide will increase to 23% and all deliveries in Tasmania will attract a fuel levy of 25% from the above date.
Fuel Levies in Sydney and Melbourne will remain unchanged throughout June 2022.
We regret the need to increase the above costs, all new rates will be updated to our on-line rate portal from 1st June, 2022.