|
Members
shipping lines in the Straits/New Zealand Discussion Agreement that covers
trade between ports in the Straits and the Australasia region have announced
a rate restoration of a minimum of US$250 per TEU effective April 1, 2004.
The six-member discussion agreement said the rate restoration was part of
their Business Plan for 2004.
The following rate restoration will cover the trade from South East Asia
(Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia and
Philippines) and South Asia (India, Pakistan, Sri Lanka and Bangladesh) to
ports in New Zealand.
Member lines are confident that with this long period of notice given to the
trade, it will assist both shippers and consignees to better plan their
shipments for 2004.
Members' lines - Maersk Sealand, Malaysian International Shipping
Corporation Bhd, NYK Line, P&O Nedlloyd Limited, Tasman Orient Line C.V - of
this agreement have adopted voluntary policy guidelines and have reached a
non-binding consensus in applying this rate restoration.
Meanwhile the South East Asia and South Asia/ Australia Trade Facilitation
agreement lines say they will increase their rates from April 1, 2004 but
have yet to reveal the quantum. The member lines say it will continue to
monitor the trade closely and the quantum of increase for the rate
restoration (1 April, 2004, 1 July 2004 and 1 October 2004) will be
announced nearer the effective date.
The 15 operators of the lines are ANL Container, APL, Hanjin Shipping,
Hyundai Merchant Marine, K Line, Maersk Sealand, MISC Bhd, MOL, NYK Line,
OOCL, Pt Jakarta Lloyd, P&O Nedlloyd, Pacific International Lines, Regional
Container Lines and Seth Shipping. |
