Month: August 2010

August 26, 2010 Edward

We have been advised that Hamburg Süd will introduce a “Peak Season Surcharge” (PSS) on its southbound trade for export shipments from Hong Kong, Korea, China, and Taiwan to Australia. The Peak Season Surcharge (PSS) will be US$ 300.00 per TEU effective 01st September on the basis of B/L (Bill of Lading) dates.

August 24, 2010 Edward

We have just received information this afternoon that the AADA member lines have agreed on a rationalisation program which will take place as quick as 28 August 2010. The HSUD/MAERSK/APL/HMM/EMC/HALO peak season loader loop will be cancelled. This equates to around 2500 TEU’s per week less capacity (-8%). HSUD & HMM will enter into a…

August 16, 2010 Edward

We have received advise from Patricks that due to an industrial dispute between the MUA and DP World, containers are now being sub contracted to Patricks terminal. The industrial dispute has caused massive crowding at the terminal and as a result, the delivery program has been severly impacted. Patricks terminal is running 24 hours a…

August 16, 2010 Edward

Large vessel movement at Nhava Sheva Port continues to remain suspended due to the collision incident. Work on clearing the channel is apparently underway and there are confirmed reports that vessels of less than 10 mtrs draft are being escorted in / out of the navigational channel. Movement of larger ships will be permitted only…

August 16, 2010 Edward

Members of the Asia Australia Discussion Agreement have decided to push ahead with the annual peak season surcharge in the North and East Asia-Australia trade, despite the sea freight rates continuing to fall. The southbound PSS was originally scheduled for August 15 2010, but will now be introduced on September 1, officially at US $300…