PROPOSED GENERAL RATE INCREASE

Article By Newsletter on 26-03-2014

PROPOSED GENERAL RATE INCREASE

The shipping lines are proposing a General Rate Increase (GRI) of US$500 per TEU effective from the 1st April 2014 for cargo from CHINA, HONG KONG, TAIWAN, KOREA and JAPAN TO AUSTRALIA. With the current volumes it is highly unlikely that this proposed increase will be passed on in full. 
Click to see notices from ANL and MSC shipping lines .