THE rate of notifications of GRIs, rate restorations, PSSs and other surcharges has slowed a little over the past 10 days, but the start of the new financial year signals the ‘traditional’ flurry of increases in container lines’ local charges.
“It’s almost as if they have been told to increase revenue across all trade lanes and if not vessels will get pulled,” a DCN correspondent opined.
Today, 1 July, MSC has begun imposing a peak season surcharge ex Australia and NZ to Canada, Mexico, and South America (East Coast, West Coast, Central America, Caribbean) of US$1100/TEU, 1600/FEU, for dry & reefer cargo.
Also today, CMA CGM imposed, until further notice, a PSS on all cargo from Australia, New Zealand, Papua New Guinea & Timor Leste to North Europe, the Mediterranean & North Africa of US$1000/TEU and $1500/FEU; this expands the scope of the previously-announced PSS to include North Africa.
ANL will be implementing a rate restoration program from 15 July, at US$300/TEU dry/reefer and US$600/FEU dry/reefer for all shipments from North East Asia to Australia East Coast, Fremantle, Adelaide & New Zealand. This increase will apply on top of current Spot/FAK rates subject to all applicable surcharges valid on time of shipment.
MSC has advised that a 15 July rate restoration of US$300/TEU is effective for all cargo from China, Hong Kong, Taiwan, Japan, Korea, Cambodia, Thailand, Vietnam, Malaysia, Myanmar, Singapore, Philippines and Indonesia to Australia and New Zealand.
On 31 July Neptune Pacific Direct Line will impose a rate rise of US$200/TEU and $325/FEU for dry cargo from Australia to the South Pacific, Pac Cook Islands, Norfolk, Tahiti and NZ; this will apply ex Port Botany on AUSPAC V2418 of Arkadia.Pacific Forum Line will adopt an identical increase but will exclude Cook Islands, Tahiti and New Zealand.
The following day [1 August] ANL will lift rates from ANZ to Tahiti by US$100/dry TEU, $200/high-cube FEU, $500/reefer TEU and $1000/reefer FEU.
Meanwhile, ANL has notified of revisions to local charges for all shipments to/from Australia on 15 July; MSC has announced revised destination terminal handling charges and terminal security charges for all import cargo into Australia from 15 July; and shipments to/from Australia 15 July; and MSC will adopt revised northbound bunker recovery charges from Australia to a vast array of destinations on 1 August 2024.
In better news there has been clarification that a previously-advised [18 June] announcement of a substantial CMA CGM PSS to West Coast North America does not apply to cargo from Oceania.