AADA bunker surcharge for China, HK, Australia goes to US$350 per TEU

MEMBER container shipping lines of the Asia Australia Discussion Agreement (AADA) have announced a revision to the bunker surcharge for the China and Hong Kong to Australia Trade.

A statement issued on behalf of members said the revision in bunker surcharges has been prompted by the recent increase in oil prices in Hong Kong and South Korea.

Effective from November 16, the bunker surcharge level for shipments from China and Hong Kong to ports in Australia will be adjusted to US$350 per TEU and US$700 per FEU for dry and refrigerated containers.

AADA members are: ANL Singapore, China Shipping Container Line (HK)Cosco Container Line, Hamburg Sud, Hanjin Shipping, HMM, "K" Line, Maersk Line, MSC, MOL Line, NYK Line, OOCL, Gold Star Line (HK) and ZIM Line.