Asia-Australia Lines Hike Rates

Member lines of the Asia-Australia Discussion Agreement announced plans to implement a rate increase, as part of a rate restoration program.

Effective April 15, cargo shipped from China, Taiwan, Hong Kong and Korea to ports in Australia will attract a rate increase of $250 per TEU and $500 per FEU for dry and refrigerated containers.

Members of AADA are ANL Singapore, China Shipping Container Lines, Cosco, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, "K" Line, Mediterranean Shipping Co., MOL, NYK Line, Orient Overseas Container Line, Gold Star Line (Hong Kong) and Zim Integrated Shipping Services.