Members of the Asia-Australia Discussion Agreement (AADA) have announced that they are planning to raise bunker surcharges for cargo transported from China and Hong Kong to Australia.
The move reflects recent increases in fuel prices in Hong Kong and South Korea, the AADA said.
The new surcharges, which come into effect on 15 May, will be US$225 per TEU and US$450 per FEU for dry and refrigerated containers.
Shipping groups that make up the AADA include ANL Singapore, China Shipping Container Lines, Cosco, Hamburg Süd, Hanjin Shipping, Hyundai Merchant Marine, K Line, Mediterranean Shipping Co., MOL, NYK Line, Orient Overseas Container Line, Gold Star Line and Zim Integrated Shipping Services.
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