AADA announce Peak Season Charge (PSC) from July 1, 2010

July 1, 2010 Edward

Member lines of the Asia Australia Discussion Agreement (ADDA) have announced a “voluntary and non-binding” Peak Season Charge to take effect from July 1, 2010.

In a “notice to the trade” the following will be implemented:

Charges will apply to dry and reefer cargo from Singapore, Malaysia, Thailand, Indonesia, Vietnam, Phillipines and the India sub-continent (India, Pakistan, Sri Lanka and Bangladesh) bound for Australia and will be levied in addition to prevailing market rates and subject to ancillary charges applicable at the time of shipment.

AADA is a voluntary discussion agreement on 13 ocean carriers serving the trade from North and East Asia to destinations in Australia. Members include ANL, CSCL, COSCO, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, “K” Line, Maersk, MSC, MOL, NYK, OOCL and Gold Star Line.

Source: Kuehne + Nagel